The Estin Report: The 4th Quarter and Year 2014 State of the Aspen Real Estate Market was released online Feb 7th in Current Reports.The print edition will be available in racks around town week of Feb 16th.
The Estin Report: Jan 2015 Aspen Snowmass Market Snapshot was released Feb 3, 2015 in Current Reports …Aspen sales in Jan ’15 are significantly up.
See recent Before/After redevelopment ‘flip job’ examplesin prior 02/01/15 post. These are properties that have been recently or are currently being redeveloped for re-sale.
Last week’s Aspen and Snowmass sales activity appears below. Scroll down the page for photos and details of weekly sales 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 to 2008. Or use SearchEstinAspenin the menu bar to search by topic, address, subdivision, complex, date, etc. If it’s about Aspen, the information should be here.
Market Activity Week 8, Feb 15 – 22, 2015
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 (5): MLS #”s:120703, 137744, 133929, 133929, 130721.This link is valid until 03/24/2015.
Under Contract/Pending (15): MLS#’s:137264,135736,137180,137646,137690,126239,134474,134515,134860,134978,135909,136392,136615,137074,137375. This link is valid until 03/24/2015.
Aspen Snowmass Solds Last Week:
MLS #120703 – Single Family Vacant Lot, East Aspen, 42726 Highway 82, Aspen, CO: Sold Price: $5,850,000. More details below photos.
MLS #120703 – Single Family Vacant Lot, East Aspen, 42726 Highway 82, Aspen, CO: Sold Price: $5,850,000; Asking Price: $6,750,000. (Original Price: $8,500,000 and 1416 days on the market since 01/28/2011.) This is a 184,259 sq ft single family lot in East Aspen. Broker comments are, “Exquisite private setting with views of Independence Pass. Wooden bridge over the river secures privacy. Only a mile or so from Aspen. 4.23 acres of woods surrounded by tree-covered hillsides. House is wonderful for large family or multiple ownership. One wing has two master suites with two bedrooms in each suite. Another wing has four bedrooms plus another private master with huge bath. Living room and bar/sitting area share a double-sided fireplace. Pool room and den are on either side of the dining room. All open to the patio and hot tub. The combination of a secluded setting with a wonderfully ”retro” home gives a new owner many options. Activity envelope approval in place. Includes right to 1,000 sf caretaker dwelling unit. See Documents.”2013 Taxes:$17,343. Under Contract Date: 01/05/2015; Sold Date: 02/13/2015.(Photos and broker comments courtesy of Aspen Snowmass Sotheby’s Spring Street)
MLS #133929 – Christiana Aspen, End Aspen, 501 W Main Street A201, Aspen, CO: Sold Price: $1,670,000/$1,009 sq ft; furnished. More details below photos.
MLS #133929 – Christiana Aspen, End Aspen, 501 W Main Street A201, Aspen, CO: Sold Price: $1,670,000/$1,009 sq ft; furnished; Asking Price: $1,799,000. (Original Price: $1,895,000 and 303 days on the market since 04/23/2014.) This is a 2003 built, 2 bedroom/2 bath, 1,654 sq ft condo. Broker comments are “Best unit in the complex. Faces south & east, views of Ajax Mountain, a/c. Beautiful top-of-line furnishings. Sleeps 6 comfortably – cozy- all high-end audio/visual equipment, owner’s closet, great rental history. Perfect condition. 2 bedrooms + loft.” 2013 Taxes: $4,339; HOA DUes: $1,257. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 01/28/2015; Sold Date: 02/20/2015. (Photos and broker comments courtesy of Douglas Elliman Real Estate-Hunter)
MLS #137109 – Queen Victoria, Central Core, 916 E Hopkins Avenue 204, Aspen, CO: Sold Price: $1,600,000/$1,538 sq ft; furnished. More details below photos.
MLS #137109 – Queen Victoria, Central Core, 916 E Hopkins Avenue 204, Aspen, CO: Sold Price: $1,600,000/$1,538 sq ft; furnished; Asking Price: $1,550,000. (Original Price: $1,550,000 and 91 days on the market since 11/14/2014.) This is a 1972 built, 3 bedroom/2 bath, 1,040 sq ft condo. Broker comments are “Enjoy the sounds of the Roaring Fork River from the private balcony of this 3 bedroom 2 bath contemporary condo. This condo has big views of Smuggler and Red Mountain. This updated turn-key home offers modern furnishings and clean finishes. Walking distance to all that the core of Aspen has to offer.” 2013 Taxes: $2,998; HOA DUes: $1,575. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 12/30/2014; Sold Date: 02/13/2015. (Photos and broker comments courtesy of Coldwell Banker Mason Morse)
MLS #130721 – Woodbridge, Snowmass Village, 35 Upper Woodbridge Road 24ab, Snowmass Village, CO: Sold Price: $380,000/$421 sq ft; furnished. More details below photos.
MLS #130721 – Woodbridge, Snowmass Village, 35 Upper Woodbridge Road 24ab, Snowmass Village, CO: Sold Price: $380,000/$421 sq ft; furnished; Asking Price: $415,000. (Original Price: $425,000 and 575 days on the market since 07/08/2013.) This is a 1973 built, 2 bedroom/2 bath, 902 sq ft condo. Broker comments are “Located in the heart of Snowmass Village, this immaculate 2 bedroom/2 bath Woodbridge Condo is the perfect property for the primary resident or vacation getaway. Easy stroll to the Snowmass Center or just pole across the ski bridge to and from Assay Hill ski lift. Woodbridge offers a pool and hot tub on site and is just steps from the Village Shuttle which takes you throughout Snowmass and connects to the RFTA bus to downtown Aspen.” 2014 Taxes: $1,432; HOA Dues: $2,500. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 01/27/2015; Sold Date: 02/18/2015.(Photos and broker comments courtesy of Aspen Snowmass Sotheby’s Snowmass Village)
MLS #137744 – Sold pre-MLS. West Aspen / 1417 Sierra Vista Cemetery Ln area. Half-Duplex Condo home. Sold Price: $2,950,000/$714 sq ft.
1417 Sierra Vista is on the right or west side of duplex.
This is the south side of 1415 Sierra Vista. (1417 is behind this.)
MLS #137744 – West Aspen/ Cemetery Lane area, 1417 Sierra Vista Drive Unit South, Aspen, CO: Sold Price: $2,950,000/$714 sq ft;Duplex Condo homeAsking Price: $2,995,000. (Original Price: $2,995,000 and on the market since 02/20/2015. Sold pre-MLS.) This is a 1969 built, 6 bedroom/4 bath, 4,128 sq ft comndominiumized 1/2 duplex with 2 car garage on a 17,021 total duplex lot. This location offers a nice, safe family neighborhood close to Aspen Public Golf Course for great walking, XC Skiing, bike path proximity and convenient shuttle bus convenience. In Aspen School District. No broker comments. The North unit, addressed as 1415 Sierra Vista, sold on 9/19/13 for $2.115M – 1969 built/2012 remodel, 4 bdrm/4.5 ba, 3,304 sq ft. 2014 Taxes: $5,630. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 02/20/2015; Sold Date: 02/20/2015. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s Hyman Mall)
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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 970.309.6163 or by email. The Estin Report is copyrighted 2015 and all rights reserved. Use is permitted subject to the following attribution with a live link to the source: “The Estin Report on Aspen Real Estate.”