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Last week’s Aspen and Snowmass sales activity appears below. Scroll down the page for photos and details of weekly solds 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. Or use SearchEstinAspen to search by topic, address, subdivision or complex name, date etc. If it’s about Aspen real estate, the information should be here.

Recently released in Current Reports

  • The Estin Report: Early Winter – 3rd Quarter and YTD 2014 State of the Aspen Market
  • Oct. 2014 Aspen Snowmass Market Snapshot

Market Activity Week 46, Nov 16 – Nov 23, 2014

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 (10): MLS”s: 132480, 133560, 135012, 128367, 129922, 135102, 135599, 136756, 136184, 134005. This link is valid until 12/23/2014.

Under Contract / Pending (5): MLS’s: 135849, 125776, 128333, 136791, 132579. This link is valid until 12/23/2014.

Aspen Snowmass Solds Last Week:

MLS #135599 – Aspen, Central Core penthouse, 625 E. Hyman Avenue Unit 301, Aspen, CO: Sold Price: $15,800,000/$3,126 sq ft furnished. More details below photos.

MLS #135599 – Aspen, Central Core penthouse, 625 E. Hyman Avenue Unit 301, Aspen, CO: Sold Price: $15,800,000/$3,126 sq ft furnished; Asking Price: $16,700,000. (Original Price: $20,000,000 and 112 days on the market since 08/01/2014.) This is a 2014 built, 4 bedroom/4 bath/1 half bath, 5,053 sq ft penthouse with 2 car garage adjacent to the new Aspen Art Museum. This is the first downtown Aspen penthouse to break the $3,000 sq ft mark. See article . Broker comments are, “When one speaks of “irreplaceable” the Muse Building is what they mean. Never again will a downtown Aspen property comprise all of the attributes as those found here. Enlisting the talents of architects Ike Kligerman Barkley, the design team left no detail to chance. Exquisite finishes & furnishings, the practical & inviting floor plan flows from opulent living spaces to an inviting roof top deck and back again, all while solely focused on enhancing the sublime living experience through meticulous attention to detail. Yes, there are other Aspen penthouses, but there is nothing like the Muse Penthouse.” 2013 Taxes: $64,607; HOA Dues: tbd. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 11/04/2014; Sold Date: 11/20/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #136184 – Aspen, Central Core, Ute Trail townhouse, 825 Ute Avenue Unit A, Aspen, CO: Sold Price: $6,425,000/$1,703 sq ft unfurnished. More details below photos.

MLS #136184 – Aspen, Central Core, Ute Trail Townhouse, 825 Ute Avenue Unit A, Aspen, CO: Sold Price: $6,425,000/$1,703 sq ft unfurnished; Asking Price: $6,500,000. (Original Price: $6,500,000 and 69 days on the market since 09/23/2014.) This is a 1994 built, 4 bedroom/4 bath, 3,771 sq ft townhouse with 3 car garage. It is one of three units in this well located small townhome complex with Units A, B and C. Broker comments are, “Traditional style and elegance in a premier location. Seldom available. Located 1-2 blocks block from the Aspen Mtn Gondola, the Little Nell Hotel, and across the street from Glory Hole Park, this sophisticated townhome is arguably one of the best on the market. Complete with hardwood floors and Venetian plaster throughout (bedrooms are carpeted) as well as “old Chicago brick” in kitchen, dining room and front entry floors. No need for a car yet there is a private 3 car garage with entry off of the snow melt driveway. Wonderful windows and natural light throughout especially in the “made for entertaining” split level living room/dining room/kitchen with views of gondola and Aspen Mountain. Private deck overlooking Glory Hole Park and Smuggler Mountain.” 2013 Taxes: $13,380; HOA Dues: $4,900 Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 10/05/2014; Sold Date: 11/20/2014. (Photos and broker comments courtesy of Joshua & Co.)

MLS #128367 – Aspen, East Aspen, Jukati single family home, 55 Smuggler Grove Road, Aspen, CO: Sold Price: $3,900,000/$851 sq ft unfurnished. More details below photos.

MLS #128367 – Aspen, East Aspen, Jukati single family home, 55 Smuggler Grove Road, Aspen, CO: Sold Price: $3,900,000/$851 sq ft unfurnished; Asking Price: $3,995,000. (Original Price: $4,995,000 and 1,037 days on the market since 01/19/2012.) This is a 1978 built/1990 remodeled, 5 bedroom/5 bath/1 half bath, 4,582 sq ft single family home with 2 car garage on a 21,494 sq ft. Although dated the home is exceptionally clean – this is a good deal. Smuggler Grove Rd is located off of Midland Avenue in the Smuggler area east of downtown. Broker comments are, “Located on a quiet cul-de-sac street just a few blocks from downtown Aspen, this meticulously maintained home is situated on a private & beautifully landscaped half-acre lot. The gated home offers an inviting open floor plan and the multi-level living provides ideal spaces for family & guests. Custom designed by architect Augie Reno, features include vaulted ceilings in the living room with picture windows capturing Aspen Mountain, French doors leading out to a large deck perfect for barbecues & relaxation, warm cherry wood floors, 4 en suite guest bedrooms, and a large master suite with vaulted ceilings, walk-in closet & air conditioning.” 2012 Taxes: $11,021. City of Aspen RETT Transfer Tax of approx.. 1.5% payable by buyer. Under Contract Date: 09/24/2014; Sold Date: 11/19/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #136756 – Aspen, West End single family home – teardown vacant land, 110 E. Bleeker Street, Aspen, CO: Sold Price: $3,900,000/$2,195 sq ft unfurnished. More details below photos.

MLS #136756 – Aspen, West End single family home – teardown vacant land, 110 E. Bleeker Street, Aspen, CO: Sold Price: $3,900,000/$2,195 sq ft unfurnished; Asking Price: $3,900,000. (Original Price: $3,900,000 and 113 days on the market since 07/28/2014.) This is a 1985 built, 3 bedroom/3 bath, 1,776 sq ft single family home with 2 car garage on a 6,000 sq ft lot. No broker comments. 2013 Taxes: $9,009. City of Aspen RETT Transfer Tax of approx. 5% payable by buyer. Under Contract Date: 07/28/2014; Sold Date: 11/18/2014. (Photo courtesy of Whitman Fine Properties.)

MLS #135012 – Aspen, Central Core, Gavilon condo, 935 E. Hopkins Avenue 11, Aspen, CO: Sold Price: $700,000/$919 sq ft unfurnished. More details below photos.

MLS #135012 – Aspen, Central Core, Gavilon condo, 935 E. Hopkins Avenue 11, Aspen, CO: Sold Price: $700,000/$919 sq ft unfurnished; Asking Price: $799,000. (Original Price: $850,000 and 136 days on the market since 06/27/2014.) This is a 1972 built, 761 sq ft studio with 1 bath in a small, charming and well run 12 unit complex. Broker comments are, “Perfect Pied de Terre. Top floor corner unit with Aspen Mountain Views. Huge studio at 761 square feet per True Dimensions. Please see the PDF for details. 11.75 feet cathedral ceiling with upsatirs loft like bedroom area.” 2013 Taxes: $1,272; HOA Dues: $5,032 Yr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 09/21/2014; Sold Date: 11/10/2014. (Photos and broker comments courtesy of Michael Krentz.)

MLS #132480 – Aspen, Central Core, Aspen Square condo, 617 E. Cooper Avenue 321, Aspen, CO: Sold Price: $690,000/$1,391 sq ft furnished. More details below photos.

MLS #132480 – Aspen, Central Core, Aspen Square condo, 617 E. Cooper Avenue 321, Aspen, CO: Sold Price: $690,000/$1,391 sq ft furnished; Asking Price: $715,000. (Original Price: $715,000 and 331 days on the market since 12/30/2013.) This is a 1969 built/2013 remodeled, 496 sq ft studio with 1 bath. Broker comments are, “Completely remodeled fireside studio at Aspen Square Hotel, Aspen’s premier downtown condominium property across the street from the Silver Queen Gondola. Enjoy views of Hunter Creek Valley, Red Mountain and the upper Roaring Fork Valley from the private third floor northwest facing patio. The kitchen and bathroom have been totally upgraded. Solid slab granite countertops with a custom tile inlayed backsplash accent the kitchen and bath. The bathroom features dual vanities, a full-length glass shower enclosure, double showerheads, and a wood bench. The u-shaped kitchen design is complete with stainless steel appliances and slate flooring. The wood burning fireplace in living room provides the ideal après ski setting.” 2013 Taxers; $1,549; HOA Dues: 18,842 Yr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 09/29/2014; Sold Date: 11/13/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #133560 – Woody Creek, Aspen Village single family home – resident occupancy (RO) required , 47 Aspen Village, Aspen, CO: Sold Price: $405,000/$182 sq ft unfurnished. More details below photos.

MLS #133560 – Woody Creek, Aspen Village single family home– resident occupancy (RO) required, 47 Aspen Village, Aspen, CO: Sold Price: $405,000/$182 sq ft unfurnished; Asking Price: $499,000. (Original Price: $525,000 and 231 days on the market since 04/01/2014.) This is a 2001 built, 3 bedroom/2 bath, 2,221 sq ft single family home on a 7,175 sq ft lot. Broker comments are, “Beautiful custom home on a fabulous Lot bordering open space. Set on a poured concrete foundation. A must see with custom kitchen and baths. All rooms are very spacious, lots of windows, 2 sets of French Doors out to patio on common ground. Mature landscaping, front and back yards, hot tub stays, parking for 3+ cars. Aspen Village is only 10 miles to Aspen with outdoor pool, playground, gym and extra over-sized vehicle storage. A wonderful family neighborhood in the Aspen School District and on the bus route. Buyers must be pre-approved by Aspen/Pitkin County Housing Authority. Deed restricted – must be Buyer’s primary residence -Resident Occupancy (RO) required. Please visit www.beachresource.com/aspen-village-metropolitan-district website for HOA fees. No Dogs Allowed.” 2013 Taxes: $3,200. Under Contract Date: 10/13/2014; Sold Date: 11/19/2014. (Photos and broker comments courtesy of Lightfoot Real Estate.)

MLS #129922 – Aspen, West Aspen, Maroon Creek Club single family vacant lot with questionable development potential, 501 Pfister Drive, Aspen, CO: Sold Price: $650,000. More details below photos.

MLS #129922 – Aspen, West Aspen, Maroon Creek Club single family vacant lotwith questionable development potential, 501 Pfister Drive, Aspen, CO: Sold Price: $650,000; Asking Price: $995,000. (Original Price: $2,000,000 and 560 days on the market since 05/21/2013.) This is a 28.4 acre single family lot NOT currently zoned for development. There is uncertainty as to the type of development that can take place, if any. Broker comments are, “28 acres bordering the Maroon Creek Club, the east side of the lower Buttermilk ski runs, and the Sterner run. The Oregon Trail to Tiehack runs through the property. The access easement is from Pfister Drive. A 12” city water main runs up the traverse to Tiehack which is a non-exclusive easement.” 2012 Taxes: $3,538. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 10/02/2014; Sold Date: 11/17/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #135102 – Snowmass Village, Melton Ranch single family home, 107 Meadow Lane, Snowmass Village, CO: Sold Price: $1,815,000/$464 sq ft furnished. More details below photos.

MLS #135102 – Snowmass Village, Melton Ranch single family home, 107 Meadow Lane, Snowmass Village, CO: Sold Price: $1,815,000/$464 sq ft furnished; Asking Price: $2,299,000. (Original Price: $2,500,000 and 140 days on the market since 07/02/2014.) This is a 1979 built/2014 remodeled, 5 bedroom/4 bath/1 half bath, 3,909 sq ft single family home with 2 car garage on a 24,039 sq ft lot, approx. 1/2 acre lot. Broker comments are, “A comfortable, large family home on a private cul-de-sac, recently remodeled, sold furnished, and ready for occupancy. Situated on a beautiful, wooded, half acre lot, complete with fenced in dog kennel. Lots of sunny decks for admiring the distant snow covered peaks. A great room features vaulted ceilings and a moss rock fireplace. Bonus rooms include a large library with custom book shelves and a fireplace. Also a den adjacent to two secondary bedrooms. The oversized garage can accommodate snowmobiles, golf carts, bikes and other toys. Easy walking distance to the Snowmass Free Shuttle. A welcoming, residential Snowmass neighborhood within the Aspen School District, close to the golf course, hiking and biking trails.” 2013 Taxes: $3,919; HOA Dues: $90 Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 10/11/2014; Sold Date: 11/19/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #134005 – Snowmass Village, Wood Run single family vacant lot, 1005 Wood Road, Snowmass Village, CO: Sold Price: $1,400,000. More details below photos.

MLS #134005 – Snowmass Village, Wood Run single family vacant lot, 1005 Wood Road, Snowmass Village, CO: Sold Price: $1,400,000; Asking Price: $1,750,000. (Original Price: $1,850,000 and 205 days on the market since 04/30/2014.) This is a 33,541 sq ft single family lot in the Wood Run subdivision. Broker comments are, “Beautifully wooded lot with stream running adjacent to the building envelope. Great views and good ski access to Adams Avenue. Private and serene building site, yet close to all the amenities. Rare lot in Snowmass Village with water rights. Incredible opportunity.” 2013 Taxes; $24,585; HOA Dues: $90 Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 09/26/2014; Sold Date: 11/21/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

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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 2014 and all rights reserved. Use is permitted subject to the following attribution with an active link to the source: “The Estin Report on Aspen real estate.”

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