The Estin Report: 1st Quarter and Spring 2014 State of the Aspen Market and the Estin Report: May 2014 Monthly Market Snapshot of Aspen Snowmass Real Estate werereleased Wed June 4, 14, 2014 in the current reports section. The monthly snapshots are released on or near the 1st Monday of each month.

A recent 5/13/14 news article on strengthening Aspen property sales cited Jan-April 2014 Estin Report stats.

Last week’s Aspen and Snowmass sales activity appears below. Scroll down page for photos and details of weekly solds and under contract /pending Aspen properties in the past 4 weeks. For earlier dates, use the down arrow to search the blog archives by year and date. Or use SearchEstinAspen to search by topic, address, subdivision or complex name, date etc. If it’s about Aspen real estate, the information should be here.

Click image for May 2014 Aspen Real Estate Market Snapshot pdf in Current Reports

Market Activity Week 25, June 15 – June 22, 2014: Aspen Snowmass real estate weekly sales and under contract activity appears below for all Aspen, Snowmass Village, Woody Creek and Old Snowmass properties over $250,000 excluding fractionals in the upper Roaring Fork Valley. As the MLS links below expire after 30 days, photos and written descriptions of select closed properties (those with excellent photography) are posted here to preserve an archive of sold market activity.

Closed (6): MLS #’s: 131766, 134758, 126884, 131576, 132424, 128802. This link is valid until 7/22/2014.

Under Contract / Pending (6): MLS #’s: 132044, 127187, 133131, 130325, 134390, 134264. This link is valid until 7/22/2014.

Aspen Snowmass Solds Last Week

MLS #131766 – Aspen, Smuggler area single family home, 705 S. Spruce Street, Aspen, CO: Sold Price: $8,175,000/$1,023 sq ft furnished. More details below photos.

MLS #131766 – Aspen, Smuggler area single family home, 705 S. Spruce Street, Aspen, CO: Sold Price: $8,175,000/$1,023 sq ft furnished; Asking Price: $8,995,000. (Original Price: $15,200,000 and 1,913 days on the market since 02/06/2008.) This is a 2004 built, 7 bedroom/6 bath/2 half bath, 7,988 sq ft single family home with 2 car garage on a 39,204 sq ft lot. Broker comments are, ” Nestled at the foot of Smuggler Mt, this exquisite 7 bedroom home is a perfect gathering place. Contemporary yet comfortable with highlights that include wood beams, vaulted ceilings, dark walnut flooring and elegant top of the line finishes throughout. Take in dramatic panoramic views from Aspen Mt to Mt. Sopris from the large outdoor decks. Other features include a private luxurious master suite, large picture windows, stone fireplaces, a spacious kitchen, all above grade space with walkout bedrooms, an office, a separate guest house, and a snowmelt system. All of this and you are just a short walk to downtown and have easy access to the Hunter Creek trail system outside your door. The ideal home away from home.” 2013 Taxes: $17,210. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 02/12/2014; Sold Date: 06/16/2014. (Photos and broker comments courtesy of Stirling Peak Properties.)

NO PHOTO #134758

MLS #134758 – Aspen, East Aspen, Aspen Grove single family home, 318 Mcskimming Road, Aspen, CO: Sold Price: $2,100,000/$1,627 sq ft; Asking Price: $2,100,000. (Original Price: $2,100,000 and sold before MLS.) This is a 1962 built, 3 bedroom/2 bath, 1,290 sq ft single family home with 1 car garage on a 15,150 sq ft lot. Broker comments are, “Sold before MLS.” 2013 Taxes: $5,575. Under Contract Date: 06/16/2014; Sold Date: 06/16/2014. (Broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #126884 – Aspen, West Aspen, Aspen Highlands single family lot, 255 Exhibition Lane, Aspen, CO: Sold Price: $1,950,000. More details below photos.

MLS #126884 – Aspen, West Aspen, Aspen Highlands single family lot, 255 Exhibition Lane, Aspen, CO: Sold Price: $1,950,000; Asking Price: $2,200,000. (Original Price: $3,100,000 and 2,696 days on the market since 07/01/2007.) This is a 45,302 sq ft (1.04 ac) single family lot in Aspen Highlands subdivision. Broker comments are, “Beautiful one acre building site overlooking the Maroon Creek and bordering National Forest, with abundant trees, gorgeous views, & privacy. Enjoy skiing, fine dining, & the world class amenities of the adjacent Ritz-Carlton Club, including use of the pool, spa, & fitness center, & complimentary taxi service to & from downtown Aspen & the airport. Ski-in access from Exhibition Lane. Build up to 9,000 square feet (5000 above grade, 4000 below grade). Plans are available. Viewing platform on the property.” 2013 Taxes: $44,487; HOA Dues: $4,403 Yr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 04/18/2014; Sold Date: 06/17/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #131576 – Snowmass Village, Wildridge single family home, 236 Lemond Place, Snowmass Village, CO: Sold Price: $1,390,000/$606 sq ft unfurnished. More details below photos.

MLS #131576 – Snowmass Village, Wildridge single family home, 236 Lemond Place, Snowmass Village, CO: Sold Price: $1,390,000/$606 sq ft unfurnished; Asking Price: $1,595,000. (Original Price: $1,595,000 and 283 days on the market since 09/17/2013.) This is a 1973 built/2004 remodeled, 3 bedroom/2 bath, 2,293 sq ft single family home on an 18,287 sq ft lot. Broker comments are, ” Views like these never go out of style. This beautiful treehouse designed by legendary architect, Charles A. Haertling, creates the perfect pedestal to take in the natural beauty of the Continental Divide, Aspen Mountain and Buttermilk ski area. This three-bedroom, two-bath home has been exquisitely maintained and updated to be ready to move in or it can be expanded up to 2,926 square feet plus 700 square-foot garage.” 2013 Taxes: $4,085; HOA Dues: $90 Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 05/01/2014; Sold Date: 06/18/2014. (Photos and broker comments courtesy of Joshua & Co.)

MLS #132424 – Snowmass Village, Top of Village condo, 855 Carriage Way, Leaf 703, Snowmass Village, CO: Sold Price: $730,000/$675 sq ft furnished. More details below photos.

MLS #132424 – Snowmass Village, Top of Village condo, 855 Carriage Way, Leaf 703, Snowmass Village, CO: Sold Price: $730,000/$675 sq ft furnished; Asking Price: $749,000. (Original Price: $995,000 and 739 days on the market since 12/15/2011.) This is a 2008 built, 2 bedroom/2 bath, 1,080 sq ft condo. Broker comments are, “Top Floor Vaulted Ceiling With Ski Slope Views! The Best Priced Ski-In / Ski-Out Two Bed at TOV.” 2013 Taxes: $2,531; HOA Dues: $12,000 Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 05/01/2014; Sold Date: 06/16/2014. (Photos and broker comments courtesy of Joshua & Co.)

MLS #128802 – Snowmass Village, Top of Village condo, 855 Carriage Way, Trails 305, Snowmass Village, CO: Sold Price: $817,500/$756 sq ft furnished. More details below photos.

MLS #128802 – Snowmass Village, Top of Village condo, 855 Carriage Way, Trails 305, Snowmass Village, CO: Sold Price: $817,500/$756 sq ft furnished; Asking Price: $899,000. (Original Price: $950,000 and 481 days on the market since 02/25/2013.) This is a 1974 built/2006 remodeled, 2 bedroom/2 bath, 1,080 sq ft condo. Broker comments are,
“This is a must see unit–rated ”Premier” (highest) and located in a full-service complex complete with on-site management, hot tubs, a pool, and front desk. Top floor 2 bedroom condominium with vaulted ceilings and views straight up Dawdler ski run from the large windows. Ski right to the elevator and up to the top floor. Totally upgraded kitchen with granite countertops and custom cabinetry and remodeled bathrooms with built-in shelving in master bath. Sold beautifully furnished and a covered, assigned parking space with ski storage included.” 2013 Taxes: $2,791; HOA Dues: $12,795. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 05/07/2014; Sold Date: 06/17/2014. (Photos and broker comments courtesy of Joshua & Co.)

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Disclaimer: The statements made in The Estin Report and on Aspen broker Tim Estin’s blog represent the opinions of the author and should not be relied upon exclusively to make real estate decisions. A potential buyer and/or seller is advised to make an independent investigation of the market and of each property before deciding to purchase or to sell. To the extent the statements made herein report facts or conclusions taken from other sources, the information is believed by the author to be reliable, however, the author makes no guarantee concerning the accuracy of the facts and conclusions reported herein. Information concerning particular real estate opportunities can be requested from Tim Estin at or by email. The Estin Report is copyrighted 2014 and all rights reserved. Use is permitted subject to the following attribution with link to the source: “The Estin Report on the Aspen real estate market”

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