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Aspen Real Estate Market  Last Week’s Sales: April 10 – 17, 22 – Week 15

The Q1 2022 & Mar 2022 Aspen Market Snapshot was posted 4/4/22 in the Estin Reports section.

The Q1 2022 Aspen Real Estate Market Historic Charts Q1 2011 – Q1 2022 were posted in Estin Reports Charts Section

The Estin Report: H2 & YR 2021 Aspen Snowmass Real Estate Market Report  – was posted online 01/16/22 in the Estin Reports section.  The online report is covers the entire year Jan 1 – Dec 31, 2021;  the print edition made available for the Christmas-New Years Holiday Season covers Jan 1 – Dec 6, 21.  While the conclusions are the same, the data is different. See Aspen Times Jan 02, 2022 year end article on the market  The 32-page report compares year over year results and historical data from the past 10+ years. The print edition is available in brochure racks around town, at the airport and in front of Sotheby’s offices at 300 S. Spring #100 (my office) and 415 E. Hyman in the mall.

Blog Posted April 18, 2022 – Aspen CO real estate market activity, Week 15

Closed (12): MLS#s: 173147, 174466, 173338, 173709, 173580, 172261, 171301, 173910, 173571, 173404, 173780, 173769. This link is valid until 5/17/2022.

Under Contract/Pending (9): MLS#s: 174373, 174463, 173266, 174104, 174027, 172572, 173604, 174115, 174075. This link is valid until 5/17/2022.

Sold Properties Last Week:

MLS # 173147- Red Mountain, Red Mountain, 287 Willoughby Way, Aspen, CO; Sold Price: $23,500,000/$3,833 sq ft; furnished. Sold Date: 04/15/2022. More details below photos.

MLS # 173147- Red Mountain, Red Mountain, 287 Willoughby Way, Aspen, CO; Sold Price: $23,500,000/$3,833 sq ft; furnished. Sold Date: 04/15/2022. Ask Price: $24,750,000. (Original Price: $27,000,000 and on the market since 12/17/2021.) This is a 1996 built, 5 bedroom/3 bath/1 half-bath/2 3/4-bath, 6,130 sq ft single family home with 2 car garage on a 0.77 acres lot. Broker comments are “Located on the coveted Willoughby Way, this finely crafted stone masterpiece is the ultimate in privacy, proximity to town, and all-encompassing views. The outdoor living space echoes the home’s beauty with a dramatic cascading waterfall and lush landscaped terraces for dining and lounging. Thoughtfully designed and masterfully executed, every element of this home makes an impressive statement. With breathtaking views from nearly every room, wide plank hardwood floors, vaulted great room with floor-to-ceiling windows, and a double-sided floor-to-ceiling fireplace, this exquisite home is a sophisticated yet comfortable place for a family to enjoy life in the mountains.” 2021 taxes: $34,651. Under Contract Date: 03/01/2022; Sold Date: 04/15/2022. (Photos and broker comments courtesy of Compass)

MLS # 174466- East Aspen, 55 Smuggler Grove Road, Aspen, CO; Sold Price: $14,250,000/$5,103 sq ft; furnished. Sold Date: 04/11/2022. More details below photos.

MLS # 174466- East Aspen, 55 Smuggler Grove Road, Aspen, CO; Sold Price: $14,250,000/$5,103 sq ft; furnished. Sold Date: 04/11/2022. Ask Price: $14,250,000. (Original Price: $14,250,000 and on the market since 04/11/2022.) This is a 1978 built and 2022 remodeled, 5 bedroom/2 bath/1 half-bath, 3,429 sq ft single family home with 2 car garage on a 0.49 acres lot. Broker comments are “Sold before MLS.” 2021 taxes: $12,176. Under Contract Date: 03/11/2022; Sold Date: 04/11/2022. (Photos and broker comments courtesy of Lorrie B Aspen)

MLS # 173338- West Aspen, 950 Cemetery Lane 1, Aspen, CO; Sold Price: $6,350,000/$2,759 sq ft; furnished. Sold Date: 04/14/2022. More details below photos.

MLS # 173338- West Aspen, 950 Cemetery Lane 1, Aspen, CO; Sold Price: $6,350,000/$2,759 sq ft; furnished. Sold Date: 04/14/2022. Ask Price: $6,450,000. (Original Price: $6,095,000 and on the market since 01/14/2022.) This is a 1975 built and 2019 remodeled, 3 bedroom/3 bath/1 half-bath, 2,301 sq ft single family home with 2 car garage on a 0.33 acres lot. Broker comments are “When asked what the Seller liked most about her Swiss-inspired contemporary home, she said, ”It has been the perfect family retreat with great flow, privacy, clean lines, with natural stone and warm wood. I love my large manicured yard with fire pit and jacuzzi. I really don’t have to leave my home. Everything I want is right here.” With all the features one expects including audio/visual throughout, steam shower, air conditioning, radiant heat it all adds up to luxurious living. Add in views of Red Mountain and Aspen Highlands, and located less than 1.5 miles to Aspen’s core, this is the perfect place to hang your hat!” 2021 taxes: $5,570. Under Contract Date: 02/24/2022; Sold Date: 04/14/2022. (Photos and broker comments courtesy of Christie’s International Real Estate Aspen Snowmass)

MLS # 173709- Townsite of Aspen, West End, 315 W Hyman Avenue, Aspen, CO; Sold Price: $4,925,000/$4,974 sq ft; furnished. Sold Date: 04/14/2022. More details below photos.

MLS # 173709- Townsite of Aspen, West End, 315 W Hyman Avenue, Aspen, CO; Sold Price: $4,925,000/$4,974 sq ft; furnished. Sold Date: 04/14/2022. Ask Price: $4,995,000. (Original Price: $4,995,000 and on the market since 02/17/2022.) This is a 1984 built and 2012 remodeled, 1 bedroom/1 bath, 990 sq ft single family home with 1 car garage on a 0.03 acres lot. Tim’s notes, “This is a perfect Aspen pied a terre: while the actual lot size is 1,102 sq ft, it is surrounded by open space making the outdoor area feel so much larger. And, it is a tiny single family home – without attached neighboring properties, condo fees and homeowner associations. A sweet package, walking distance to all of the best of in-town Aspen.” Broker comments are “This charming single family home in Aspen’s West End has been meticulously designed for easy living. It is a smart alternative to a condominium with no homeowner’s association and your own private backyard patio and hot tub. The house is a contemporary jewel-box with exquisite furnishings and high end appliances. The master suite and deck encompass the top floor with views of Aspen Mountain, while an office built for two is on the lower level. Hike directly from your back door, or hop on the pedestrian path to all the shops and restaurants of downtown. The entire exterior of the home was recently made over and a Tesla charger was added. It is being sold furnished and move-in ready.” 2021 taxes: $8,943. Under Contract Date: 02/28/2022; Sold Date: 04/14/2022. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty)

MLS # 173580- Shadow Mountain Village, Central Core, 809 S Aspen Street 2, Aspen, CO; Sold Price: $2,840,000/$3,011 sq ft; furnished. Sold Date: 04/08/2022. More details below photos.

MLS # 173580- Shadow Mountain Village, Central Core, 809 S Aspen Street 2, Aspen, CO; Sold Price: $2,840,000/$3,011 sq ft; furnished. Sold Date: 04/08/2022. Ask Price: $2,795,000. (Original Price: $2,795,000 and on the market since 02/07/2022.) This is a 2008 built and 2021 remodeled, 2 bedroom/1 bath, 943 sq ft condo. Tim’s notes, “The Shadow Mountain Village condo complex is adjacent to Lift 1A, the alternate way to access Aspen Mountain skiing. The area is slated for massive redevelopment in the next 3-7 years to include the new Gorsuch Haus Hotel (possibly a new AmanAspen resort), the Lodge at Lift One, Aspen Ski Museum and a re-located 1A lift to lower down the hill next to Durant Street.” Broker comments are “Turnkey and ready for immediate move-in, this newly renovated slope-side condo sits at the top of Aspen Street and just steps from Lift 1A. With just 20 other units, this fully furnished property includes alder wood finishes, quartzite countertops, upgraded appliances, engineered wood flooring, light and warm tones throughout and picture windows with spectacular views of town, slopes and surrounding mountains. Complex includes outdoor heated pool and deck, tram service and endless ski in/out access.” 2021 taxes: $4,433. HOA Dues: $18,032. Under Contract Date: 02/20/2022; Sold Date: 04/08/2022. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty)

MLS # 172261- Wildridge, Snowmass Village, 30 Oak Ridge Road, Snowmass Village, CO; Sold Price: $5,950,000/$1,377 sq ft;  furnished. Sold Date: 04/13/2022. More details below photos.

MLS # 172261- Wildridge, Snowmass Village, 30 Oak Ridge Road, Snowmass Village, CO; Sold Price: $5,950,000/$1,377 sq ft;  furnished. Sold Date: 04/13/2022. Ask Price: $5,950,000. (Original Price: $5,950,000 and on the market since 10/04/2021.) This is a 1979 built and 2018 remodeled, 5 bedroom/4 bath/1 half-bath, 4,320 sq ft single family home with 2 car garage on a 0.77 acres lot. Broker comments are “Fall in love with the panoramic view of the Snowmass ski area and golf club from this contemporary mountain home on the south facing, sunny side of Snowmass Village. The 5-bedroom home boasts 2 living areas and a Thurston-designed kitchen featuring 2 ovens, 3 sinks, wine cooler and more. Remodeled in 2018. Enjoy easy living with the primary suite on the main level off the living/dining/kitchen. The lower level living area provides ample entertainment space and features a second wood-burning fireplace, wet bar and access to the patio and hot tub. Bedrooms are spacious with room for seating and beds. And never worry about snow removal with the luxury and convenience of the Snowmelt driveway.” 2020 taxes: $10,279. HOA Dues: $150. Under Contract Date: 12/31/2021; Sold Date: 04/13/2022. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty)

MLS # 171301- Melton Ranch, Snowmass Village, 590 Meadow Road, Snowmass Village, CO; Sold Price: $4,000,000/$877 sq ft; furnished. Sold Date: 04/11/2022. More details below photos.

MLS # 171301- Melton Ranch, Snowmass Village, 590 Meadow Road, Snowmass Village, CO; Sold Price: $4,000,000/$877 sq ft; furnished. Sold Date: 04/11/2022. Ask Price: $7,000,000. (Original Price: $6,500,000 and on the market since 07/27/2021.) This is a 1969 built, 5 bedroom/5 bath/1 half-bath, 4,561 sq ft single family home with 2 car garage on a 0.46 acres lot. Tim’s notes, “This was a Snowmass teardown lot sale without a re-developed new home.” Broker comments are “A spectacular interior and exterior remodel of one of Melton Ranch’s largest homes on a 0.46 acre lot with anticipated completion in spring of 2023. Enjoy the surrounding landscape from the new expansive double-height living room windows or lounge in one of two outdoor patios next to the fire pit and spa. Updated to five bedrooms and five and a half bathrooms, the home features a principal suite with mountain views and a cozy new fireplace, a guest suite at grade level, two bedrooms above the garage and a large bedroom that can function as a bunk room and a game room in the lowest level with walk-out access to the lower terrace. This impressive remodel re-imagines this home with all new exterior and interior materials in a sophisticated modern mountain home aesthetic while replacing all windows, doors, cabinetry, appliances, plumbing and lighting fixtures, as well as mechanical and electrical systems. With an amazing location on the village shuttle route, it’s a unique opportunity to own a completely updated home in Snowmass Village.” 2021 taxes: $4,80. HOA Dues: $95. Under Contract Date: 02/24/2022; Sold Date: 04/11/2022. (Photos and broker comments courtesy of Douglas Elliman Real Estate)

MLS # 173910- Gateway To Snowmass, Old Snowmass, 1311 Gateway Road, Snowmass, CO; Sold Price: $2,450,000/$778 sq ft;  Slifer Smith & Frampton RFV. Sold Date: 04/12/2022. More details below photos.

MLS # 173910- Gateway To Snowmass, Old Snowmass, 1311 Gateway Road, Snowmass, CO; Sold Price: $2,450,000/$778 sq ft; Slifer Smith & Frampton RFV. Sold Date: 04/12/2022. Ask Price: $2,495,000. (Original Price: $2,495,000 and on the market since 03/04/2022.) This is a 1985 built and 2018 remodeled, 3 bedroom/2 bath/1 half-bath, 3,149 sq ft single family home with 2 car garage on a 1.58 acres lot. Tim’s notes, “This property went under contract within one week of listing. The sale sets a new high price bar for the Gateway area of Old Snowmass. The previous high priced comparable sale was in late fall 2021 at $1.775M. Broker comments are “Perched on a hill in Old Snowmass, this classic and authentic adobe home is the setting to enjoy spectacular Rocky Mountain views, and a warm, inviting lifestyle. Private and flat landscape are easy usable. A luxurious main primary level suite with custom closet and spa-like bath and fireplace create a calm retreat. A large dedicated office, 2 car garage, separate workshop with extra storage, separate carport and dog wash area complete the ”work-at home” amenities. Move in ready and full of charm. Don’t miss the opportunity to live conveniently between Whole Foods and Aspen. Perfect for Roaring Fork Club members. Radiant heat in public areas. Baseboard in bed #2, #3 ,office. 3 beds. 2.5 baths. 2 full baths. 1 powder room. Gateway Metro Water District  – for water and road maintenance.” 2021 taxes: $9,313. Under Contract Date: 03/10/2022; Sold Date: 04/12/2022. (Photos and broker comments courtesy of Slifer Smith & Frampton RFV)

MLS # 173571- Top of Village Condos, Snowmass Village, 855 Carriage Way 801, Snowmass Village, CO; Sold Price: $2,200,000/$1,517 sq ft; furnished. Sold Date: 04/15/2022. More details below photos.

MLS # 173571- Top of Village Condominiums, Snowmass Village, 855 Carriage Way 801, Snowmass Village, CO; Sold Price: $2,200,000/$1,517 sq ft; furnished. Sold Date: 04/15/2022. Ask Price: $2,250,000. (Original Price: $2,250,000 and on the market since 02/07/2022.) This is a 1974 built, 3 bedroom/3 bath, 1,450 sq ft condo. Broker comments are “Highly sought after 3 bedroom / 3 bathroom condominium at the Top of the Village. This ground floor unit provides direct ski in / ski out access to Fanny Hill. The unit receives ample natural light throughout the day, and allows for easy entertaining inside and out to the patio. A fantastic location that enables the resident to easily access and enjoy all of the winter and summer activities on Fanny Hill, and the new Base Village. Amenities include outdoor heated pool, two hot tubs, workout facilities, assigned carport and a courtesy van for local or airport transportation.” 2021 taxes: $2,860. HOA Dues: $19,196. Under Contract Date: 02/07/2022; Sold Date: 04/15/2022. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty)

MLS # 173404- Crestwood Condominiums, Snowmass Village, 400 Wood Road A-1303, Snowmass Village, CO; Sold Price: $1,425,000/$1,535 sq ft; furnished. Sold Date: 04/15/2022. More details below photos.

MLS # 173404- Crestwood Condos, Snowmass Village, 400 Wood Road A-1303, Snowmass Village, CO; Sold Price: $1,425,000/$1,535 sq ft; furnished. Sold Date: 04/15/2022. Ask Price: $1,405,000. (Original Price: $1,405,000 and on the market since 01/20/2022.) This is a 1970 built and 2019 remodeled, 2 bedroom/2 bath, 928 sq ft condo with common car garage. Broker comments are “This top floor, corner, premier-rated one bedroom plus loft at the Crestwood has everything you need to feel at home, away from home! This fabulous end unit has a fantastic location with a large wrap around deck overlooking Fanny Hill, offering panoramic views of the ski slope and amazing sunsets. Completely remodeled and thoughtfully decorated with wood floors, stone fireplace, new carpet, iron railings, washer/ dryer and more to make sure you have everything you need to have a comfortable stay. Just steps away from the slopes and all of the action in Base Village. The Crestwood offers great amenities including excellent on-site management team and staff, a heated outdoor pool, three hot tubs, a fitness center, sauna and steam rooms and a ski service center.” 2021 taxes: $2,101. HOA Dues: $16,495. Under Contract Date: 01/28/2022; Sold Date: 04/15/2022. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty)

MLS # 173780- Timberline Condos, Snowmass Village, 690 Carriage Way B2A, Snowmass Village, CO; Sold Price: $1,400,000/$1,176 sq ft; furnished. Sold Date: 04/15/2022. More details below photos.

MLS # 173780- Timberline, Snowmass Village, 690 Carriage Way B2A, Snowmass Village, CO; Sold Price: $1,400,000/$1,176 sq ft; furnished. Sold Date: 04/15/2022. Ask Price: $1,400,000. (Original Price: $1,400,000 and on the market since 02/22/2022.) This is a 1972 built, 3 bedroom/2 bath, 1,190 sq ft condo. Broker comments are “Deluxe rated 3 Bedroom, 2 Bath second-floor Timberline corner condominium. perfectly located near the main entrance to The Timberline with easy access to the pool, hot tubs, workout room and easy access to skiing right out to Fanny Hill. One level living with spacious open kitchen, dining, living room with wood ceilings and stone surround gas fireplace. From your private balcony, enjoy views to the mountains across the valley. Incredible rental management. Has 90 day owner use restriction to maximize rental opportunity – see rules in documents.” 2021 taxes: $2,716. HOA Dues: $19,152. Under Contract Date: 03/11/2022; Sold Date: 04/15/2022. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty)

MLS # 173769- Lazy Glen, Old Snowmass, 95 Lazy Glen, Snowmass, CO; Sold Price: $395,000/$542 sq ft; unfurnished. Sold Date: 04/15/2022. More details below photos.

MLS # 173769- Lazy Glen, Old Snowmass, 95 Lazy Glen, Snowmass, CO; Sold Price: $395,000/$542 sq ft; unfurnished. Sold Date: 04/15/2022. Ask Price: $380,000. (Original Price: $380,000 and on the market since 02/21/2022.) This is a 1983 built, 2 bedroom/1 bath, 728 sq ft single family home on a 3,408 sq ft lot. Tim’s notes, “Lazy Glen is a mobile home park in Snowmass Canyon where a approved Pitkin County approved full time resident can purchase the land beneath the trailer space (typical lot size is the size of a mobile home 300’x 100′) and build.”  Broker comments are “Do not miss the opportunity to purchase a home in this ideal mid valley location. 20 minutes to world class skiing on Aspen/Snowmass, five minutes from downtown Basalt, steps to Gold Medal fly fishing on the Roaring Fork River and direct access to the Rio Grande Bike Path. The sellers have consistently upgraded this home since they purchased it in 2006.  New siding, new roof, new insulation, new floors, new counter tops and new bathrooms. A tall privacy fence keeps you private from the neighbors while you relax next to an installed water feature by the patio. Addendum – ownership requirements:  Buyer must work a minimum of 1,500 hours per year in the Roaring Fork Valley. Must not own other property in the Roaring Fork Valley Buyer must maintain their employee home as their sole residence – they must stay in their home at least 9 months per year. Go to APCHA.org.  This is a ‘free market’ home-no sales price restrictions.” 2021 taxes: $1,221. HOA Dues: $3,996. Under Contract Date: 02/25/2022; Sold Date: 04/15/2022. (Photos and broker comments courtesy of Coldwell Banker Mason Morse)

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