Aspen Real Estate Market  Last Week’s Sales: Jan 26 – Feb 2, 2020 – Week 5

Closed (9) + Under Contract / Pending (7). [To view the new blog post, you may have to “Clear your Browser Settings”. Go to: Chrome browser/more tools/clear browsing data.]

Charts just posted: Estin Report Q1 2008 – Q4 2019: Aspen & Snowmass Historic Real Estate Market Performance Charts by Property Types and Dollar & Unit Sales  These charts are broken down by each market, Aspen and Snowmass, and by property types: single family homes, condos and vacant land and compare  sales  to prior years starting at 2008.  They answer the question “Where are we now compared to prior periods?” and indicate market direction with trend lines.

   
          Aspen & Snowmass Village Historic Real Estate Sales Chart Series

The new 2020 Bi-Annual Estin Report is in process now to be released this month. In the meantime, see
Estin Report: Aspen Snowmass Real Estate Market 2019 ws

Blog Post: Jan 26 – Feb 2, 2020 Aspen CO real estate market activity, Week 5

Weekly Aspen and Snowmass CO real estate sales activity appears below for sold and under contracts properties in the upper Roaring Fork Valley over $250,000 – for Aspen, Snowmass Village, Brush Cr Village, Woody Creek and Old Snowmass. Fractional sales are not included. Photos and written descriptions of sold properties are posted here as the MLS links below expire after 30 days. For earlier dates, see the Estin Report blog archives starting in 2008 at the bottom of the page. Or use SearchEstinAspen in the menu bar to search by topic, address, subdivision, complex, date, etc.  If it’s about Aspen real estate, the information should be here.

Closed (9):  MLS#s: 152216, 152667, 156111, 158974, 161977, 162232, 162538, 162567, 162568.  This link is valid until 3/3/2020.

Under Contract/Pending (7): MLS#s: 161004, 153542, 157125, 160145, 160630, 162522, 162723.  This link is valid until 3/3/2020.

Sold Properties Last Week:

MLS #161977 – Clasen Pecjack Subdivision, West Aspen, 20 Maroon Court, Aspen, CO: Sold Price: $5,000,000/$879 sq ft; furnished. Sold Date: 01/27/2020. More details below photos.

MLS #161977 – Clasen Pecjack Sub, West Aspen, 20 Maroon Court, Aspen, CO: No Reserve Auction, Sold Price: $5,000,000/$879 sq ft; furnished. Sold Date: 01/27/2020. Aspen homes for sale. Ask Price: $6,995,000. (Original Price: $8,475,000 and on the market since 03/03/16.) This is a 2007 built, 5 bedroom/5 bath/2 half-bath, 5,684 sq ft single family home with 2 car garage on a 15,246 sq ft lot. Broker comments are “Auction: Bid January 9–11. Most recent ask price at $6.995M. No Reserve. This modern Aspen home is a true work of art. Form meets function with five bedrooms, two separate entertaining areas, and multiple decks with dramatic views of Aspen Highlands, Pyramid Peak, and the surrounding mountain ranges. Located just 2.2 miles from The Aspen Mountain Gondola, this contemporary architectural masterpiece provides a lifetime of enjoyment in the world-famous Aspen, Colorado: four mountains for skiing and snowboarding, some of the best hiking and biking Colorado has to offer, golfing, cross country skiing and tennis literally out your front door, and gold medal fly-fishing on both the Roaring Fork and Frying Pan rivers. The pinnacle of culture with Aspen’s music, theatre, and the infamous Aspen Institute are all within ten minutes of your new custom home. The open floorplan allows room to breathe with five more-than-generous en-suite bedrooms, a luxurious chef’s kitchen, and a naturally lit great room with sliding glass doors to ample outdoor decks. Great light, high ceilings, mudroom, two-car garage, and oversized laundry make this the perfect family home for entertaining.” 2018 taxes: $12,201. Under Contract Date: 01/10/2020; Sold Date: 01/27/2020. (Photos and broker comments courtesy of Compass Aspen)

MLS #162232 – Larkspur Condominiums, Central Core, 800 E Hopkins Avenue Unit B-1, Aspen, CO: Sold Price: $2,225,000/$1,545 sq ft; furnished. Sold Date: 01/31/2020. More details below photos.

MLS #162232 – Larkspur, Central Core, 800 E Hopkins Avenue Unit B-1, Aspen, CO: Sold Price: $2,225,000/$1,545 sq ft; furnished. Sold Date: 01/31/2020. Aspen condos for sale. Ask Price: $2,295,000. (Original Price: $2,295,000 and 66 days on the market since 11/26/2019.) This is a 1974 built and 2000 remodeled, 2 bedroom/2 bath/1 half-bath, 1,440 sq ft condo. Broker comments are “One of the best located condos not only in town, but in the building, with views of Aspen Mountain! Four blocks to the gondola, four blocks to downtown, 100 yards from the Rio Grande Trail and 50 yards to the Roaring Fork River. Enjoy the smell of the wood-burning fireplace as you are looking out on the stars and fall asleep with the windows open to the sounds of the river. They say when you come to Aspen, you double the number of friends as everyone wants to come visit and stay with you – you can be a wonderful host and still enjoy your privacy in this spacious condo on two levels. The first level offers a cozy living room, dining room, kitchen and powder room with hardwood floors and granite countertops. Both with ample closets, the master bedroom with an en-suite airy bathroom with a steam shower and the guest bedroom share the second floor with mountain views. Be an Aspen local without spending an ‘Aspen fortune’.” 2019 taxes: $5,106; HOA Dues: $14,500. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 12/13/2019; Sold Date: 01/31/2020. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)\

MLS #162538 – Aspen Square Condos, Central Core, 617 E Cooper Avenue #407, Aspen, CO: Sold Price: $1,310,000/$2,641 sq ft; furnished. Sold Date: 01/29/2020. More details below photos.

MLS #162538 – Aspen Square, Central Core, 617 E Cooper Avenue #407, Aspen, CO: Sold Price: $1,310,000/$2,641 sq ft; furnished. Sold Date: 01/29/2020. Aspen condos for sale. Ask Price: $1,350,000. (Original Price: $1,350,000 and 37 days on the market since 12/23/2019.) This is a 1969 built, studio/1 bath, 496 sq ft condo. Broker comments are “One of the best located condos in Aspen, top floor, corner unit in the center of downtown, across Durant from Gondola Plaza. Enjoy all day sunshine and perfect views of Aspen Mountain and Sunshine and New York Peaks looking towards Independence Pass. Walk home in your ski or snowboard boots from après ski at The Little Nell and Ajax Tavern with the Silver Queen Gondola just 60 steps away. Because it’s one of the most desirable properties in downtown Aspen the current owner has enjoyed it for over 30 years; there have only been two other owners of this unit: the original developer as a personal residence, and Hollywood actor George Hamilton. The bathroom features an oversized vanity and a tub/shower combo for soaking after a day on the hill. Central A/C and upgraded sliding glass doors keeps the unit cool and quiet in July when Aspen is warm and full of visitors. A western mountain décor offers an authentic Rocky Mountain experience. A river rock wood-burning fireplace provides a warm ambiance. Sip your coffee or tea and enjoy the warmth of the sunshine from the private walk-out south facing patio while planning your Aspen Mountain hike or ski. Solid slab granite and a large u-shaped bar area highlight the kitchen. Aspen Square amenities include front desk, concierge, off-street and garage parking, hot tubs, pool, fire pit, gym, conference room, and daily housekeeping. Aspen Square’s premier studio unit, walking distance to the best shops and restaurants.” 2019 taxes: $2,079; HOA Dues: $19,761. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 12/30/2019; Sold Date: 01/29/2020. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #162567 – Central Core Commercial, 623 E Hopkins Avenue, Aspen, CO: Sold Price: $4,600,000 sq ft. Sold Date: 01/27/2020. More details below photos.

MLS #162567 – Central Core Commercial, 623 E Hopkins Avenue, Aspen, CO: Sold Price: $4,600,000 sq ft. Sold Date: 01/27/2020. Aspen commercial industrias for sale. Ask Price: $5,750,000. (Original Price: $5,750,000 and 40 days on the market since 12/18/2019.) This is a 1888 built, 1-5 units, 1,902 sq ft commercial. Broker comments are “Commercial office cabin in the heart of downtown Aspen. Located two blocks from the gondola. Rare opportunity to own an original mining cabin that has been beautifully remodeled in 2011.” 2019 taxes: $29,387. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 12/19/2019; Sold Date: 01/27/2020. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #162568 – Central Core, 625 E Hopkins Avenue, Aspen, CO: Sold Price: $1,800,000 sq ft. Sold Date: 01/27/2020. More details below photos.

MLS #162568 – Central Core, 625 E Hopkins Avenue, Aspen, CO: Sold Price: $1,800,000 sq ft. Sold Date: 01/27/2020. Aspen commercial industrias for sale. Ask Price: $1,950,000. (Original Price: $1,950,000 and 42 days on the market since 12/16/2019.) This is a 1888 built, 1-5 units, 463 sq ft commercial industria. Broker comments are “One-of-a-kind private office building in the heart of downtown Aspen. Refurbished mining cabin located two blocks from the gondola. Tons of character, equipped with shower and kitchenette.” 2019 taxes: $8,832. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 12/19/2019; Sold Date: 01/27/2020. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #158974 – Smuggler Mobile Park, 214 Cottonwood Lane, Aspen, CO: Sold Price: $650,000. Sold Date: 01/30/2020. More details below photo.

MLS #158974 – Smuggler Mobile Park, 214 Cottonwood Lane, Aspen, CO: Sold Price: $650,000. Sold Date: 01/30/2020. Aspen lots for sale. Ask Price: $695,000. (Original Price: $675,000 and 218 days on the market since 04/29/2019.) No broker comments. Under Contract Date: 11/22/2019; Sold Date: 01/30/2020. (Photos and broker comments courtesy of Lester Properties)

MLS #152216 – Base Village/Limelight, 65 Wood Road 517, Snowmass Village, CO: Sold Price: $4,995,000/$1,901 sq ft. Sold Date: 01/30/2020. More details below photos.

MLS #152216 – Base Village/Limelight, 65 Wood Road 517, Snowmass Village, CO: Sold Price: $4,995,000/$1,901 sq ft. Sold Date: 01/30/2020. Snowmass Village condos for sale. Ask Price: $4,995,000. (Original Price: $4,765,000 and 709 days on the market since 01/12/2018.) This is a 2018 built, 3 bedroom/3 bath, 2,627 sq ft condo. Broker comments are “This marvelous corner 3 Bedroom residence features soaring vaulted ceilings, stunning views, direct sunlight, expansive balconies with a gas grill hookup, spacious living room, and direct access to a world-class ski resort, with Elk Camp Gondola just steps away. Gaggenau kitchen appliances—the finest in contemporary European styling. Center kitchen island in Caesarstone with adjoining dining room table. Great room that features a cozy white marble fireplace surround with custom wood cabinetry providing ample storage. Ownership includes free unlimited skiing for two to all four of Aspen’s mountains, exclusive access to the Mountain Club at Snowmass, free breakfast in Limelight hotel, parking, transportation, storage, and all the Snowmass Base Village Plaza activities at your fingerti.” 2018 taxes: $34,927; HOA Dues: $46,964 per Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 12/10/2019; Sold Date: 01/30/2020. (Photos and broker comments courtesy of SV Real Estate)

MLS #152667 – Base Village/One Snowmass West, 45 Wood Road 501, Snowmass Village, CO: Sold Price: $3,535,000/$1,499 sq ft. Sold Date: 01/31/2020. More details below photos.

MLS #152667 – Base Village/One Snowmass West, 45 Wood Road 501, Snowmass Village, CO: Sold Price: $3,535,000/$1,499 sq ft. Sold Date: 01/31/2020. Snowmass Village condos for sale. Ask Price: $3,535,000. (Original Price: $2,995,000 and 496 days on the market since 02/20/2018.) This is a 2018 built, 3 bedroom/3 bath, 2,357 sq ft condo. Broker comments are “One Snowmass Eleven whole ownership residences occupy the West Building. • Designed with extensive architectural glass windows running the length of the great room and kitchen areas, including a feature corner window wall • Outdoor deck off the kitchen perfect for alfresco dining year-round • Great metal-clad fireplace surrounded by windows is the centerpiece of the great room • Intimate dining alcove off the great room and adjacent to the kitchen • Expansive center kitchen island perfect for entertaining family and friends • Spacious walk-in closet in the master bedroom • Master suite offers true sanctuary for you to rest and recharge.” 2018 taxes: $21,953; HOA Dues: $38,922 per Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 01/06/2020; Sold Date: 01/31/2020. (Photos and broker comments courtesy of SV Real Estate)

MLS #156111 – Assay Hill Lodge, 130 Wood Road 441, Snowmass Village, CO: Sold Price: $1,725,000/$1,177 sq ft. Sold Date: 01/31/2020. More details below photos.

MLS #156111 – Assay Hill Lodge, 130 Wood Road 441, Snowmass Village, CO: Sold Price: $1,725,000/$1,177 sq ft. Sold Date: 01/31/2020. Snowmass Village condos for sale. Ask Price: $1,785,600. (Original Price: $1,799,000 and 1,758 days on the market since 12/05/2014.) This is a 2010 built and 2018 remodeled, 3 bedroom/3 bath, 1,465 sq ft condo. Broker comments are “Located in Snowmass Base Village, this unparalleled three bedroom residence is perfectly oriented to capture views of Assay Hill, Brush Creek, and Mount Daly. The 11 1/2 foot ceilings and surrounding floor to ceiling windows provide amazing natural light and a feeling of spaciousness. All three bedrooms provide the highest quality finishes and are en suite. The third bedroom features two queen beds and can be used for full family gatherings, or rented separately as a studio, maximizing income potential. These luxury residences enjoy ski in/out access, ski valet services, highly acclaimed restaurants, award winning wellness spa, new yoga studio, renovated fitness center with views of the slopes, renovated pool and hot tub area with ski in bar, underground parking, and valet, transportation services, and full concierge. Don’t miss this opportunity to own a luxury residence in Snowmass Base Village at a competitive price. Great proven rental history.” 2018 taxes: $10,645; HOA Dues: $34,004 per Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 09/04/2019; Sold Date: 01/31/2020. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-SMV)

_______________