Here is last week’s real estate sales activity for the upper Roaring Fork Valley for all property types over $250,000 excluding fractionals in Aspen, Snowmass Village, Woody Creek and Old Snowmass. The MLS link(s) below to photos and property details expire after 30 days. Photos and descriptions of the closed properties are posted to preserve an archive of sold market activity.

For a spreadsheet summary of the past week’s activity, see The Estin Report: Aspen Snowmass Weekly Sales Statistics, May 9 – May 16, 2010. Of particular note is the first Gant Condo closing in 18 months, since Oct 2008.

Closed (6): MLS#’s 110886, 113944, 109577, 111929, 112343, 109182. This link is valid for 30 days until 6/15/2010.
– (1) Aspen Home in Mtn Valley
– (1) Snowmass Ridge Run Home
– (2) Aspen Condos: (1) Gant unit and (1) Monarch on the Park Penthouse
– (2) Snowmass Condos: (1) Stonebridge and (1) Crestwood unit. Both ski-in/ski-out


MLS #109182 – 324 Deer Ridge Lane, Single family home, Snowmass Village, CO:Sold Price: $2,900,000/$681 sq ft; Ask Price: $3,450,000. (Original Price: $4,450,000 and 479 days on the market). This is a 4 bedroom/5.5 bath, 4,255 sq ft, 1997 built home. The listing broker says, ” Beautiful furnished Ridge Run home just a short walk to Elk Camp. Snow melt drive, large (8’x16′) wine room, central sound system, cherry cabinets, viking range/oven. Quality home at a great price.” (Photos and description courtesy of Joshua & Co, SMV)


MLS #109577 – 405 S. Monarch on the Park, Condominium Penthouse 2, Downtown Aspen, CO: Sold Price: $6,000,000/$1,748 sq.ft.; Ask Price: $8,350,000. (Original Price: $9,950,000 and 445 days on the market.) The new Monarch on the Park Condos are part of the Limelight Lodge redevelopment project located directly across the street from Wagner Park in middle of downtown Aspen. This is a 3 bedroom/3.5 bath, 3,429 sq. ft. penthouse unit. A very rare and unique property. The listing broker comments says,”With sweeping views of Aspen Mountain, Wagner Park, and downtown Aspen, this spacious top floor residence offers a vast corner terrace with outdoor living space and a fireplace. The open floor plan features…magnificent sky-lit great room, state of the art gourmet kitchen, master bedroom with fireplace & private balcony, floor-to-ceiling windows, hardwood doors & cabinetry, zone-controlled air conditioning,and enclosed 2 car garage. Walk to the gondola, restaurants, shops, parks, and bike paths. Brand new construction completed 2008.” (Photos and description courtesy of Morris & Fyrwald, Sotheby’s Intl Realty)


MLS #110886 – 552 Mountain Laurel Dr, Mountain Valley Subdivision, Aspen, CO: Sold Price: $2,600,000/$1,053 sq ft; Ask Price: $2,950,000. (Original Price: $3,950,000 and 404 days on the market.) This is a 4 bedroom/ 3.5 bath, 2,500 sq ft 1974 built/1995 remodel single family home on .47 acres.The list broker comments are, “Great family home on a large corner lot hight in Mountain Valley with sweeping views from Independence Pass to Mount Sopris. Home was recently remodeled. Very light and bright with a large deck for entertaining, vaulted ceilings and a two story entrance.” (Photos and description courtesy of Aspen Associates Realty Group).


MLS #111929 – Gant Condominium #J-301, Aspen, CO: Sold Price: $1,500,000/$1,515 sq ft; Ask Price: $1,545,000. (Original List Price: $2,300,000 and on the market since 4/07/2008. This is the first Gant closing since 10/20/08 . (See Gant market activity in past two years: Actives on Market (9); Closed (4) since May 16, 2008.). This is a top floor 2 bedroom/2 bath, 990 sq ft, Aspen Mtn view remodeled unit, arguably the best location in the complex.The list broker describes the unit as, “Enjoy the ultimate location at The Gant – top floor J-301 – with dramatic views of Aspen Mountain from the living areas and views of Independence Pass, Smuggler and Red Mountain from the bedrooms. Steps away from the swimming pool, hot tub, grills, gym and tennis courts – you’ll experience a truly fabulous lifestyle. This remodeled 2 bedroom, 2 bath unit features vaulted ceilings, granite countertops in the kitchen and bathrooms and custom cabinetry throughout. One of the most popular units in the complex for renters and return guests. Great income offsets overhead!.” HOA dues: $18,960 yr; 2008 Taxes: $3,352 (Photos and description courtesy of CB The Aspen Brokers)


MLS #112343 – Stonebridge Condominium #625, Ski-in/out, Snowmass Village, CO: Sold Price:$1,300,000/$918 sq ft; Original and Ask Price: $ 1,850,000/$1,416 sq ft. (302 days on the market). This is a 2 bedroom/3 bath, 1,416 sq ft, 1970 built/2005 remodel slopeside Snowmass ski mountain condo. List broker says, “Direct ski in and out from your patio door. Uphill corner condominium with morning sun all year round. Extensive windows offering views up and down the ski mountain including the Brush Creek Valley and beyond. Walk to the new Base Village childrens center, shops and restaurants. Exterior remodel complete with new roof etc. Strong rental history and excellent on site management. Under ground parking with elevator access. Large owner storage area.” HOA dues: $14,658 yr; 2009 Taxes: $4,532. (Photos and description courtesy of Chafin Light Real Estate Snowmass)


MLS #113944 – Crestwood Condominium #2302, Ski-in/out, Snowmass Village, CO: Sold Price: $905,000/$661 sq ft; Ask Price: $ 1,195,000/$872 sq.ft. (Original Price: $1,350,000 and 176 days on the market.) The listing broker comments are, “For those looking for something a little bigger in Snowmass to sleep all those new friends or a growing family, this is your opportunity. This rarely available 2 bedroom, 3 bathroom with a large sleeping loft and den area is perfect. Skiing and the new Base Village area are only steps away and the Crestwood has just completed a $15+ million dollar renovation which includes a new pool, hot tubs, work out room and ski service center for its owners and guests convenience.” HOA Dues: $15,273 yr; 2009 Taxes: $3,654.(Photos and description courtesy of Chafin Light Real Estate Snowmass).

Under Contract/Pending (8): MLS#’s 111715, 113021, 109687, 105745, 114115, 115924, 115626, 114346. This link is valid for 30 days until 6/15/2010..Photos of under contract properties are not posted unless special circumstances dictate.

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