Unlisted Black Bear Ranch in Owl Creek sells for $20.5M. See more property photos below.

ASPEN REAL ESTATE — The month of May saw five real-estate sales in excess of $10 million in Pitkin County, crowned by the purchase of an Owl Creek Ranch subdivision property for $20.5 million…Total figures for May aren’t available yet, but April 2011 statistics were provided Thursday by Land Title Guarantee Co. On the plus side, the total dollar volume of $119.49 million made April the best month of the year so far. On the other hand, April’s dollar volume was down 29 percent from the same month last year. However, April 2010 included $43 million in commercial sales, the title company’s report said.For the year-to-date — January through April — sales hit $408.62 million for an increase of 8.5 percent over the same period last year, Land Title Guarantee Co. reported. The cumulative number of real estate transactions in the county through April was 269 this year compared to 250 last year. That’s an increase of 7.6 percent.
By Staff Report, June 3, 2011, ADN

Link to article

Photos of four of the five properties sold over $10M in May, 2011

691 Pfister, Maroon Creek Subdivision, Aspen, CO Sold for 11.25MM on May 6th
:


(Photos courtesy of Joshua & Co)

455 Thunderbowl, Aspen Highlands, CO Sold for $$14MM on May 16th:




(Photos courtesy of Aspen Estates)

675 S. Alps Rd, Aspen Mountain, Aspen, CO Sold May 17th at $14.05MM:

(Photos courtesy of Morris & Fyrwald, Sotheby’s International Real Estate)

Given Institute in Aspen’s West End at 100 E. Francis Sells on May 25, 11 for $13.8MM:


(file photos)