The Estin Report May 2014 Monthly Market Snapshot of Aspen Snowmass Real Estate was released 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 23, June 1 – June 8, 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 (8): MLS #’s: 132684, 133711, 130575, 129340, 131847, 129783, 131949, 130314, 132640. This link is valid until 7/8/2014.

Under Contract / Pending (8): MLS #’s: 134466, 132460, 134554, 122607/134453, 133307, 134406, 134405. This link is valid until 7/8/2014.

Aspen Snowmass Solds Last Week

MLS #132684 – Aspen, Central Core single family home, 414 Lacet Lane, Aspen, CO: Sold Price: $5,650,000/$1,129 sq ft furnished. More details below photos.

MLS #132684 – Aspen, Central Core single family home, 414 Lacet Lane, Aspen, CO: Sold Price: $5,650,000/$1,129 sq ft furnished; Asking Price: $5,998,000. (Original Price: $6,850,000 and 1,194 days on the market since 06/01/2008.) This is a 1996 built/2011 remodeled, 4 bedroom/3 bath/1 half bath single family home with 2 car garage on a 10,890 sq ft lot. Broker comments are, “Walk or bike to the mountain, the market, or downtown from this European-style mountain retreat located just over the bridge on Aspen’s east side. Three bedrooms (with the potential to add a fourth) configured with two Master bedrooms. Set at the end of a private cul-de-sac, this is the perfect location for family and friends to enjoy everything that Aspen has to offer. Refined interior spaces, upstairs and down, and finished with elegant details such as 19th century Pennsylvania barnwood floors, hand-troweled white plaster walls, high ceilings, antique built-ins and light fixtures. Custom-paned windows are set against a forest of mature evergreens and aspens, setting the stage for intimate gatherings inside and out.” 2013 Taxes: $8,814; HOA Dues: $450 Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 04/17/2014; Sold Date: 06/05/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #133711 – Aspen, Central Core single family home, 907 Waters Avenue, Aspen, CO: Sold Price: $6,650,000/$1,378 sq ft unfurnished. More details below photos.

MLS #133711 – Aspen, Central Core single family home, 907 Waters Avenue, Aspen, CO: Sold Price: $6,650,000/$1,378 sq ft unfurnished; Asking Price: $6,750,000. (This porperty has been on/off the market since 08/01/2009 at orignal ask price: $9,500,000. The most recent period it’s been on the market is 57 days on the market since 04/09/2014 at list price $6.75M.) This is a 1993 built/2005 remodeled, 5 bedroom/6 bath/1 half bath, 4,824 sq ft single family home with 2 car garage on a 8,732 sq ft lot located approx. 2 1/2 blocks to Gondola. Broker comments are, “Elegant country home in the heart of Aspen. Dramatic and inviting 5 bedroom 6.5 bath home just steps from the gondola, shops, restaurants and nightlife of Aspen. The 2 story great room is filled with light, boasts a stone fireplace and opens to a private patio with a gas fire pit, water feature and landscaped gardens.The open Chef’s kitchen features a large Viking stove with 2 ovens, a wine fridge, 2 dishwashers, ice machine and counter seating for 10 people. Master suite on the main floor has a fireplace and his and hers baths. There is an additional bedroom in the main floor. The upper level has 2 guest suites, the lower level a large bunk room and media room.” 2013 Taxes: $11,329. City of Aspen RETT Transfer tax of approx. 1.5% payable by buyer. Under Contract Date: 05/01/2014; Sold Date: 06/05/2014. (Photos and broker comments courtesy of Allen Real Estate.)

MLS #130575 – Aspen, West Aspen duplex, 1530 Silver King Drive, Aspen, CO: Sold Price: $3,090,000/$895 sq ft unfurnished. More details below photos.

MLS #130575 – Aspen, West Aspen duplex, 1530 Silver King Drive, Aspen, CO: Sold Price: $3,090,000/$895 sq ft unfurnished; Asking Price: $3,295,000. (Original Price: 3,295,000 and 327 days on the market since 06/27/2013.) This is a 2000 built, 4 bedroom/4 bath/1 half bath duplex with 2 car garage. Broker comments are, “Private, sunny and convenient – best describe this West Aspen duplex. Handsome, reclaimed wood beams and floors throughout. 4 bedrooms, 4.5 baths on three levels. Nestled at the base of Red Butte there is easy access to the Aspen Golf Course, and all of the amazing trails of Aspen. Stone and stucco offer a low maintenance exterior. The home works well for both primary or second homeowners. Open living/dining area. Multiple decks to experience the outdoors and views of the ski areas and Pyramid Peak.” 2013 Taxes: $5,547. Under Contract Date: 05/02/2014; Sold Date: 05/20/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #129340 – Aspen, Bank Owned, Brush Creek Village single family home, 1711 Juniper Hill Road, Aspen, CO: Sold Price: $549,000/$310 sq ft unfurnished. More details below photos.

MLS #129340 – Aspen, Bank Owned, Brush Creek Village single family home, 1711 Juniper Hill Road, Aspen, CO: Sold Price: $549,000/$310 sq ft unfurnished; Asking Price: $549,000. (Original Price: $1,900,000 and 1,482 days on the market since 05/12/2010.) This is a 1976 built/1981 remodeled, 4 bedroom/2 bath, 1,768 sq ft single family home with 2 car garage on a 97,574 sq ft lot. Broker comments are, “South facing home with a large deck near the top of Brush Creek Village. Big Views towards Aspen, Independence Pass and Starwood. Detached two car garage with additional storage. Plenty of privacy on 2.24 acres.” 2013 Taxes: $4,620; HOA Dues: $50 Yr. Under Contract Date: 04/28/2014; Sold Date: 05/30/2014. (Photos and broker comments courtesy of Setterfield & Bright.)

MLS #131847 – Aspen, Central Core, Gant condo, 610 W. End Street H402, Aspen, CO: Sold Price: $1,250,000/$1,295 sq ft furnished. More details below photos.

MLS #131847 – Aspen, Central Core, Gant condo, 610 W. End Street H402, Aspen, CO: Sold Price: $1,250,000/$1,295 sq ft furnished; Asking Price: $1,449,000. (Original Price: $1,449,000 and 234 days on the market since 10/15/2013.) This is a 2 bedroom/2 bath, 965 sq ft condo. Broker comments are, ” A level above the rest…this rarely available 4th (top) floor condominium faces west with big views of town and Aspen Mountain. At the Gant you get the best location; the best amenities; the best rental income an upcoming new conference center; quiet location within the complex near back pool area; BBQ and swim all year; updated, beautifully appointed condo with vaulted ceilings and abundant natural light.” 2013 Taxes: $3,094; HOA Dues: $22,890 Yr. City of Aspen RETT Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 05/15/2014; Sold Date: 06/06/2014. (Photos and broker comments courtesy of Shane Aspen Real Estate.)

MLS #129783 – Aspen, Central Core, Obermeyer Place commercial, 601 Rio Grande Place 111, Aspen, CO: Sold Price: $245,000/$426 sq ft. More details below photos.

MLS #129783 – Aspen, Central Core, Obermeyer Place commercial, 601 Rio Grande Place 111, Aspen, CO: Sold Price: $245,000/$426 sq ft; Asking Price: $265,000. (Original Price: $290,000 and 389 days on the market since 05/09/2013.) This is a 2006 built, 575 sq ft commercial space. Broker comments are, “Excellent opportunity to have a workshop in downtown Aspen. Currently configured with two built-out desk spaces, storage loft and conference/work area with A/C and heat. Comes with an assigned parking space, easy access to the loading dock.” 2013 Taxes: $2,241; HOA Dues: $853 Yr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 03/24/2014; Sold Date: 06/02/2014. (Photos and broker comments courtesy of Shane Aspen Real Estate.)

MLS #131949 – Snowmass Village, Wood Run single family home, 198 Bridge, Snowmass Village, CO: Sold Price: $2,000,000/$461 sq ft partially furnished. More details below photos.

MLS #131949 – Snowmass Village, Wood Run single family home, 198 Bridge, Snowmass Village, CO: Sold Price: $2,000,000/$461 sq ft partially furnished; Asking Price: $2,195,000. (Original Price: $2,195,000 and 224 days on the market since 10/28/2013.) This is a 1979 built, 5 bedroom/6 bath/1 half bath, 4,337 sq ft single family home with 2 car garage on a 35,368 sq ft lot. Broker comments are, “You’ll enjoy direct ski access to Guggenhill adjacent to home or a leisurely walk down Bridge Lane to Adams Avenue. Secluded and nestled among the aspens, this home provides generous accommodations for a large family or for guests. It is a rare combination of seclusion and convenience. Enjoy the twinkling of the village lights below and marvel at the wide open alpine vistas.” 2013 Taxes: $8,975. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 02/13/2014; Sold Date: 06/02/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #130314 – Snowmass Village, Countryside townhome, 106 Clubhouse Drive 180, Snowmass Village, CO: Sold Price: $1,795,000/$802 sq ft furnished. More details below photos.

MLS #130314 – Snowmass Village, Countryside townhome, 106 Clubhouse Drive 180, Snowmass Village, CO: Sold Price: $1,795,000/$802 sq ft furnished; Asking Price: $1,795,000. (Original Price: $3,195,000 and 1,310 days on the market since 02/17/2006.) This is a 2005 built, 4 bedroom/4 bath/1 half bath, 2,238 sq ft townhome. Broker comments are, “Countryside townhome with 4 bedrooms, 4.5 baths, wonderfully appointed furnishings and all within steps to the Snowmass Club with golf, tennis, aquatic areas and athletic facility at your doorstep. Built in 2005 with a quiet location, lush grounds, elevators, underground parking and privacy. One of the best townhomes for value and quality in Snowmass Village. Snowmass Club membership is available for purchase.” 2013 Taxes: $6,986; HOA Dues: $7,302 Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 02/10/2014; Sold Date: 06/02/2014. (Photos and broker comments courtesy of Joshua & Co.)

MLS #132640 – Snowmass Village, Chamonix condo, 476 Wood Road 22/23, Snowmass Village, CO: Sold Price: $2,850,000/$883 sq ft furnished. More details below photos.

MLS #132640 – Snowmass Village, Chamonix condo, 476 Wood Road 22/23, Snowmass Village, CO: Sold Price: $2,850,000/$883 sq ft furnished; Asking Price: $2,995,000. (Original Price: $4,675,000 and 573 days on the market since 02/22/2011.) This is a 4 bedroom/4 bath/1 half bath, 3,227 sq ft condo with 2 car garage. Broker comments are, “Unique four bedroom, 4.5 bath located on the Funnel ski run right near the Gondola Halfway station. Walk right out of your living room to the slopes. This is one of only 27 properties in the Chamoix Condominiums; one of the premier complexes in Snowmass. Elevator access is private to this floor and the property is offered fully furnished. Chamonix offers front desk services, van service around Snowmass and to/from Aspen airport, heated pool and hot tub, ski lockers, and a fitness room. Come see how special this property and its location are.” 2013 Taxes: $10,644; HOA Dues: $67,230 Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 03/14/2014; Sold Date: 06/02/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

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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 at970.309.6163 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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