“BEFORE” – SOLD 06/04/15

MLS #138252 – Redevelopment Opportunity for over-sized corner lot, Townsite of Aspen, West End, 219 N Monarch Street, Aspen, CO: Sold Price (multiple bids): $7,400,000/$3,206 sq ft; partial furnished. More details below photos.

MLS #138252 – Redevelopment Opportunity for over-sized corner lot, Townsite of Aspen, Historic West End, 219 N Monarch Street, Aspen, CO: Sold Price: $7,400,000/$3,206 sq ft; partial furnished; Asking Price: $6,995,000. (Original Price: $6,995,000 and 70 days on the market since 03/26/2015.) There were multiple bids on this redevelopment property, ultimately selling over ask price.  It went under contract within 10 days of coming onto the market. This is a 1949 built, 4 bedroom/3 bath/1 half-bath, 2,308 sq ft single family home with 2 car garage on a 9,000 sq ft lot. Broker comments are “Double your value in one purchase. The only 9,000 sq/ft non-historic West-End lot one block from the Hotel Jerome that allows TWO (2) DETACHED single family residences. In the same family since 1966, this NE corner has dead-on Views of Aspen Mountain and the best location on this block away from the traffic on Bleeker and away from the hustle and bustle of the Red Brick. FAR of 4,080 for 2 detached residences, however, this is not historic so a buyer could pursue landing two City TDR’s to increase above grade FAR to 4,580. See Land Use Analysis and GIS satelite view showing this lot in relarion to the neighborhood. A once in a lifetime opportunity to own the largest non-historic lot on this block for your dream single family home or as a redevelopment opportunity for TWO (2) DETACHED single family residences.” 2014 Taxes: $10,915. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 04/05/2015; Sold Date: 06/04/2015. (Photos and broker comments courtesy of Cuthbert L Myrin Jr. LLC)

After
MLS #147541 – Townsite of Aspen, Central Core, 219 N Monarch Street, Aspen, CO: Sold Price: $8,434,200/$3,654 sq ft. Sold Date: 08/15/2017. More details below photos.

MLS #147541 – Townsite of Aspen, Central Core, 219 N Monarch Street, Aspen, CO: Sold Price: $8,434,200/$3,654 sq ft. Sold Date: 08/15/2017. Aspen homes for sale. Ask Price: $8,860,000. (Original Price: $8,860,000 and 223 days on the market since 01/04/2017.) This is a 1949 built, 4 bedroom/3 bath/1 half-bath, 2,308 sq ft single family home with 2 car garage on a 9,000 sq ft lot. Broker comments are “The only 9,000 sq/ft non-historic West-End lot one block from the Hotel Jerome that allows TWO (2) DETACHED single family residences or a major single family contemporary home. No historic structures exist. NE corner lot has dead-on views of Aspen Mountain and the best location on this block away from the traffic on Bleeker and yet a block walk to Matsuhisu. A once in a lifetime opportunity to own the largest non-historic lot on this block for your dream single family home or as a redevelopment opportunity like no other combining all the charm of the West End but as close as you can get to the core of Aspen and still enjoy the quiet of a residential area. Owner seeking back up offers as existing contract has contingencies.” 2016 Taxes: $11,140. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 02/07/2017; Sold Date: 08/15/2017. (Photos and broker comments courtesy of Whitman Fine Properties)

After – After
MLS #154642 – Townsite of Aspen, Central Core, 219 N Monarch Street, Aspen, CO. More details below photos.

MLS #154642 – Townsite of Aspen, Central Core, 219 N Monarch Street, Aspen, CO. Aspen homes for sale. Ask Price: $22,950,000. (Original Price: $22,950,000 and 152 days on the market since 06/14/2018.) This is a 2019 built, 7 bedroom/7 bath/1 half-bath, 7,000 sq ft single family home with 2 car garage on a 9,000 sq ft lot. Broker comments are “A winning combination of location, new construction and design on an oversized corner lot just one block from the core of Aspen. This dynamic design by Cristof Eigelberger features an open floor plan with multiple indoor/outdoor entertaining spaces, including a rooftop terrace. The 9,000 sqft lot allows for the gracious and generous living spaces to flow outdoors. With its ample living room to the gourmet kitchen, this house is designed for endless entertaining and family fun while the master suite is a restful retreat with mountain views. This contemporary home exemplifies luxury mountain living. Scheduled for completion in Spring 2019.” 2017 Taxes: $12,019. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-Aspen)

 

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