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Aspen Real Estate Market  Last Week’s Sales: Nov 07 – 14, 21 – Week 46

Estin Report: 1st Half 2021 sfAspen Snowmass Real Estate Market Report was posted 8/17/21 in the Estin Reports section.  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.

The Oct 2021 Aspen Market Report Snapshot and Q3 2021 historic quarterly charts was posted  Nov 11th in the Current Reports and Market Charts Sections.

Blog Posted Nov 15, 2021 – Aspen CO real estate market activity, Week 46

Closed (15): MLS#s: 168683, 157110, 171162, 172008, 172716, 171553, 172087, 172445, 171571, 165874, 171854, 169651, 172064, 171476, 171963. This link is valid until 12/14/2021.

Under Contract/Pending (08): MLS#s: 171492, 170902, 167651, 170931, 171808, 172318, 172708, 171843. This link is valid until 12/14/2021.

Sold Properties Last Week:

MLS # 168683- Twin Creeks Ranch, Old Snowmass, 1900/1902 Snowmass Creek Road, Snowmass, CO; Sold Price: $16,350,000/$2,207 sq ft; furnished. Sold Date: 11/08/2021. More details below photos.

MLS # 168683- Twin Creeks Ranch, Old Snowmass, 1900/1902 Snowmass Creek Road, Snowmass, CO; Sold Price: $16,350,000/$2,207 sq ft; furnished. Sold Date: 11/08/2021. Ask Price: $17,750,000. (Original Price: $17,750,000 and on the market since 02/19/2021.) This is a 2007 built, 8 bedroom/8 bath/2 half-bath, 7,408 sq ft single-family. Broker comments are “This twenty-four acre parcel is perfectly situated near the confluence of the Snowmass Creek and Capitol Creek valleys in Old Snowmass. Situated directly on Snowmass Creek, the property has been fully developed to include a main house, guest house and barn, outdoor dining and entertaining pavilion that is adjacent to a wonderful expansive pond perfect for water sports, sunbathing, floating and fishing! The park like setting is magically situated along the banks of Snowmass Creek with forested trees and lush landscape. The main house is the ideal Colorado home with ample spaces for family and friends with an open floor plan that spills out onto an expansive back patio adjacent to the Creek. Large country kitchen that is open to the gorgeous dining and living room. The master bedroom suite, also adjacent to the creek, enjoys two separate bathrooms and a small den for office/library or other. There are four additional guest bedrooms and multiple family room/den/office spaces for you to spread out. The charming guest house looks out over the pond, pastures and landscape – a wonderful place for guests and additional family. Multiple uses for the barn area and plenty of room for horses. The barn is adjacent to the pasture land and a great set up for horses. The outdoor pavilion is incredibly unique and must be seen to appreciate.” 2020 taxes: $59,162. Under Contract Date: 03/01/2021; Sold Date: 11/08/2021. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Snowmass)

MLS # 157110- Townsite of Aspen, Central Core, 602 E Hyman Avenue, Aspen, CO; Sold Price: $15,000,000/$4,996 sq ft; furnished. Sold Date: 11/08/2021. More details below photos.

MLS # 157110- Townsite of Aspen, Central Core, 602 E Hyman Avenue, Aspen, CO; Sold Price: $15,000,000/$4,996 sq ft; furnished. Sold Date: 11/08/2021. Ask Price: $16,000,000. (Original Price: $16,000,000 and on the market since 06/19/2019.) This is a 1960 built and 2019 remodeled, 3 bedroom/4 bath/1 half-bath, 3,002 sq ft condo with 1 car garage on a 0.14 acres lot. Broker comments are “Prime downtown Aspen penthouse two blocks from the gondola. The summer farmer’s market is outside your front door and a one car garage is included, although you’ll never need it because you can walk to everything. Own the entire second floor (2,442 residential square feet and 560 commercial square feet) of the classic ”E.B. Building” – named after one of Aspen’s most beloved and innovative architects from the mid-twentieth century, Eleanor Brickham. The residence consists of three bedrooms all on one level, with elevator access, rooftop deck with hot tub, stunning new construction and beautiful finishes. The commercial space will be delivered as a shell for a future tenant or owner to finish. The residence is being sold furnished. See floorplans of entire building.” 2020 taxes: $27,809. Under Contract Date: 09/07/2021; Sold Date: 11/08/2021. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s Hyman Mall)

MLS # 171162- Maroon Creek Club, West Aspen, 1470 Tiehack Road, Aspen, CO; Sold Price: $14,875,000/$1,424 sq ft; unfurnished. Sold Date: 11/09/2021. More details below photos.

MLS # 171162- Maroon Creek Club, West Aspen, 1470 Tiehack Road, Aspen, CO; Sold Price: $14,875,000/$1,424 sq ft; unfurnished. Sold Date: 11/09/2021. Ask Price: $26,000,000. (Original Price: $26,000,000 and on the market since 07/18/2021.) This is a 2000 built and 2021 remodeled, 7 bedroom/7 bath/2 half-bath, 10,440 sq ft single-family with 2 car garage on a 2.98 acres lot. Broker comments are “Bowden Homes announces a totally ”re-built” 10,440sf estate home on 3 acres at the exclusive Maroon Creek Club – for under $2500/sf. 3 acres offer privacy, big views, mature landscaping, waterfall, lawn, pedestrian bridge to schools/ ARC and a 6 minute flat bike ride to Wagner Park. New roof, new windows, new MEP, 5,6 or 7 bedrooms, oversized mud-room, detached executive office/work out room, more. 2 purchase options – $26M remodeled. ($2490/sf) Summer 2022 $22M ”as-is” with plans. ($1906/sf) Adjacent 3 acre lot also available (MLS# 171553)” 2020 taxes: $26,853; HOA Dues: $5,100. Under Contract Date: 10/20/2021; Sold Date: 11/09/2021. (Photos and broker comments courtesy of Bowden Homes).

MLS # 171553- Maroon Creek Club, West Aspen, 1472 Tiehack Road, Aspen, CO; Vacant land for sale; Sold Price: $6,000,000. Sold Date: 11/09/2021. More details below photos.

MLS # 171553- Maroon Creek Club, West Aspen, 1472 Tiehack Road, Aspen, CO; Vacant land for sale; Sold Price: $6,000,000. Sold Date: 11/09/2021. Ask Price: $9,000,000. (Original Price: $9,000,000 and on the market since 08/12/2021.) This is a single-family vacant lot. Broker comments are “Amazing Estate Lot at exclusive Maroon Creek Club. 3 landscapes acres, due south views of Thunderbowl, killer location for a pool out on private peninsula. Can be purchased with lot 1 house and land for a total 6 acre estate in City Limits. Excellent investment opportunity to buy and hold, buy, build and rent, buy with lot 1 (MLS# 171162) and build guest house or second main house for large family and future sale.” 2021 taxes: $10,303; HOA Dues: $5,100. Under Contract Date: 10/20/2021; Sold Date: 11/09/2021. (Photos and broker comments courtesy of Bowden Homes)

MLS # 172008- West End, 331 W Bleeker Street, Aspen, CO; Sold Price: $8,000,000/$2,526 sq ft; unfurnished. Sold Date: 11/08/2021. More details below photos.

MLS # 172008- West End, 331 W Bleeker Street, Aspen, CO; Sold Price: $8,000,000/$2,526 sq ft; unfurnished. Sold Date: 11/08/2021. Ask Price: $8,250,000. (Original Price: $8,250,000 and on the market since 09/14/2021.) This is a 2003 built, 4 bedroom/4 bath/1 half-bath, 3,167 sq ft single-family with 1 car garage on a 0.07 acres lot. Broker comments are “The inviting home offers a warm, natural palette with three bedrooms plus an office/4th bedroom and 4.5 baths. Wood-paneled vaulted ceilings on the upper level combine with an open floor plan for an efficient space perfect for gathering and entertaining. Enjoy a gas fireplace, gourmet kitchen with Wolf range and Sub-Zero appliances, dining for eight, and a deck boasting Aspen Mountain Views with seating and a grill. The master bedroom enjoys custom closet space and an elegant master bath complete with jetted tub and steam shower. Take advantage of the spacious private office on the ground level that could become a fourth bedroom, and when it’s time to kick back, head downstairs to the cozy media room for a movie or to collect a bottle from the climate-controlled wine room. The two lower level guest bedrooms are complete with walk-in closets and en suite baths. Abundant storage space, a large covered patio for additional outdoor enjoyment, dining, hot tub and detached single car garage complete this low maintenance townhome alternative perfect for the West End lifestyle.” 2021 taxes: $13,306. Under Contract Date: 09/24/2021; Sold Date: 11/08/2021. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s Hyman Mall)

MLS # 172716- Beck, West End, 515 W Gillespie Street, Aspen, CO; Sold Price: $7,800,000/$2,829 sq ft; partial furnished. Sold Date: 11/05/2021. More details below photos.

MLS # 172716- Beck, West End, 515 W Gillespie Street, Aspen, CO; Sold Price: $7,800,000/$2,829 sq ft; partial furnished. Sold Date: 11/05/2021. Ask Price: $7,800,000. (Original Price: $7,800,000 and on the market since 11/08/2021.) This is a 1888 built, 3 bedroom/2 bath/1 half-bath, 2,757 sq ft single-family with 1 car garage on a 0.11 acres lot. Broker comments are “sold before MLS” 2020 taxes: $10,968. Under Contract Date: 09/16/2021; Sold Date: 11/05/2021. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s Hyman Mall)

MLS # 171571- Aspen Inn, Central Core, 731 S Mill Street 2D, Aspen, CO; Sold Price: $2,900,000/$3,085 sq ft; furnished. Sold Date: 11/08/2021. More details below photos.

MLS # 171571- Aspen Inn, Central Core, 731 S Mill Street 2D, Aspen, CO; Sold Price: $2,900,000/$3,085 sq ft; furnished. Sold Date: 11/08/2021. Ask Price: $2,950,000. (Original Price: $2,800,000 and on the market since 08/13/2021. The seller paid $1,490,000/$1,585 Sq Ft on 4/29/21.) This is a 1963 built, 2 bedroom/2 bath, 940 sq ft condo. Broker comments are “Just completed, this newly remodeled, stunning two-bedroom, two-bath condominium is located in the intimate eleven-unit Aspen Mountain building on Mill Street. The home features ski-in access and proximity to everything ”downtown Aspen.” Meticulously designed with no upgrades overlooked. Superior level of finishes and furnishings throughout. The consummate blend of form and function.” 2021 taxes: $3,135; HOA Dues: $12,477. Under Contract Date: 10/08/2021; Sold Date: 11/08/2021. (Photos and broker comments courtesy of Compass)

MLS # 165874- Silver Bell, Central Core, 805 E Cooper Street 12, Aspen, CO; Sold Price: $2,600,000/$2,346 sq ft. Sold Date: 11/04/2021. More details below photos.

MLS # 165874- Silver Bell, Central Core, 805 E Cooper Street 12, Aspen, CO; Sold Price: $2,600,000/$2,346 sq ft. Sold Date: 11/04/2021. Ask Price: $2,700,000. (Original Price: $3,000,000 and on the market since 08/07/2020.) This is a 1970 built and 2007 remodeled, 3 bedroom/2 bath, 1,108 sq ft condo. Broker comments are “Incredible Core location Perfect Location End Unit. This three-bedroom, two bath condo is just 2 blocks to the Gondola and within easy walking distance to restaurants, shopping and the bus line, assigned off-street parking, this unit features comfortable living spaces, low HOA dues and yearly taxes, the ability for owners to have pets and exceptional rental possibilities.” 2019 taxes: $4,442; HOA Dues: $4,384. Under Contract Date: 07/21/2021; Sold Date: 11/04/2021. (Photos and broker comments courtesy of Coldwell Banker Mason Morse)

MLS # 172087- Wood Run Place, Snowmass Village, 425 Wood Road 59, Snowmass Village, CO; Sold Price: $4,250,000/$1,867 sq ft; furnished. Sold Date: 11/10/2021. More details below photos.

MLS # 172087- Wood Run Place, Snowmass Village, 425 Wood Road 59, Snowmass Village, CO; Sold Price: $4,250,000/$1,867 sq ft; furnished. Sold Date: 11/10/2021. Ask Price: $4,395,000. (Original Price: $4,395,000 and on the market since 09/20/2021.) This is a 4 bedroom/4 bath/1 half-bath, 2,276 sq ft townhome with 2 car garage. Broker comments are “This gorgeous, townhome is right on Fanny Hill, across from Venga and the Snowmass mall. An easy walk year round to dining, shopping and concerts. True click in, click out, ski-in / ski-out access with no steps. This townhome is the classic, warm, mountain luxury interior in every room. Four spacious bedrooms, living room, dining room, plus a cozy media room with fireplace. Sunny and bright with far reaching views. Two heated and covered parking spaces.” 2019 taxes: $8,263; HOA Dues: $41,500. Under Contract Date: 09/28/2021; Sold Date: 11/10/2021. (Photos and broker comments courtesy of Douglas Elliman Real Estate)

MLS # 172445- Ridge, Snowmass Village, 800 Ridge Road #10, Snowmass Village, CO; Sold Price: $2,950,000/$1,375 sq ft; furnished. Sold Date: 11/09/2021. More details below photos.

MLS # 172445- Ridge, Snowmass Village, 800 Ridge Road #10, Snowmass Village, CO; Sold Price: $2,950,000/$1,375 sq ft; furnished. Sold Date: 11/09/2021. Ask Price: $2,895,000. (Original Price: $2,895,000 and on the market since 10/18/2021.) Tim’s notes: This is a prime example of the price disparities between Aspen and Snowmass properties. This is a 1982 built and 2016 remodeled, 3 bedroom/3 bath, 2,144 sq ft condo. Broker comments are “This ski access townhome was remodeled to the studs and offers an extraordinary mountain modern interior with high end finishes. Ridge #10 is more than 2100 sq. feet, 3 bedrooms, and 3 bathrooms; in addition to reserved covered parking, and ample storage, there is space for everyone to enjoy the phenomenal location that comes with owning at the Ridge and the sought after ”Upper Phase” which is adjacent to the ski access trail, pool and spa. The warm and inviting spacious rooms, vaulted upstairs ceilings, and designer furnishings make this a true luxury townhome experience in the heart of Snowmass Village.” 2020 taxes: $6,169; HOA Dues: $20,395. Under Contract Date: 10/19/2021; Sold Date: 11/09/2021. (Photos and broker comments courtesy of Coldwell Banker Mason Morse)

MLS # 171854- Assay Hill Lodge, Snowmass Village, 130 Wood Road 733, Snowmass Village, CO; Sold Price: $1,275,000/$1,419 sq ft; furnished. Sold Date: 11/05/2021. More details below photos.

MLS # 171854- Assay Hill Lodge, Snowmass Village, 130 Wood Road 733, Snowmass Village, CO; Sold Price: $1,275,000/$1,419 sq ft; furnished. Sold Date: 11/05/2021. Ask Price: $1,275,000. (Original Price: $1,275,000 and on the market since 09/02/2021.) This is a 2010 built and 2019 remodeled, 2 bedroom/2 bath, 898 sq ft condo with common car garage. Broker comments are “Viceroy unit number 733 is a top floor luxury condo located at the base of Snowmass Mountain. Aside from the top-notch amenities owners enjoy some of the best rental returns in Aspen and Snowmass. The 2 bedroom, 2 bath condo is ski-in, ski-out to Assay Hill, and is located in the only 4-star hotel in Snowmass Village. This wholly owned condominium was recently refreshed with new carpet, fixtures and linens and is ready to use and rent. The homeowner fees include ski valet service, owner storage, and all utilities. This is the perfect on mountain getaway fully serviced with valet, shuttle service, 24-hour room service, spa, slope side bar and pool, and work out room.” 2020 taxes: $3,980; HOA Dues: $23,637. Under Contract Date: 09/15/2021; Sold Date: 11/05/2021. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s Hyman Mall)

MLS # 169651- Ridge Run, Snowmass Village, 117 North Ridge Lane B, Snowmass Village, CO; Sold Price: $1,173,030/$578 sq ft; furnished. Sold Date: 11/08/2021. More details below photos.

MLS # 169651- Ridge Run, Snowmass Village, 117 North Ridge Lane B, Snowmass Village, CO; Sold Price: $1,173,030/$578 sq ft; furnished. Sold Date: 11/08/2021. Ask Price: $1,395,000. (Original Price: $1,395,000 and on the market since 04/23/2021.) This is a 1976 built and 2006 remodeled, 5 bedroom/3 bath, 2,029 sq ft duplex/half duplex. Broker comments are “This home is being offered AS IS. This 5 Bedroom, 3 bath, half duplex on two levels offers abundant natural light throughout. The views are endless and span across three valleys to the last mountain ridge above the Eagle valley in the far distance. Situated on nearly an acre of land, the property has a path that connects to paved trails making it convenient to walk or bike to bus/shuttle stops, the Snowmass Center and Base Village. Extra features include large private decks, three assigned parking spaces, ample storage, a wood burning fireplace and 2 Jotul natural gas heating stoves. The primary bedroom has an en suite bath, wet bar, and large closets.” 2020 taxes: $3,809; HOA Dues: $105. Under Contract Date: 09/14/2021; Sold Date: 11/08/2021. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty)

MLS # 172064- Top of Village, Snowmass Village, 855 Carriage Way Leaf 302, Snowmass Village, CO; Sold Price: $1,067,500/$988 sq ft; partial furnished. Sold Date: 11/10/2021. More details below photos.

MLS # 172064- Top of Village, Snowmass Village, 855 Carriage Way Leaf 302, Snowmass Village, CO; Sold Price: $1,067,500/$988 sq ft; partial furnished. Sold Date: 11/10/2021. Ask Price: $1,150,000. (Original Price: $1,150,000 and on the market since 09/17/2021.) This is a 1974 built and 2018 remodeled, 2 bedroom/2 bath, 1,080 sq ft condo. Broker comments are “This ski-in, ski-out ”tree house” has two bedrooms, two bathrooms and a private patio overlooking Fanny Hill ski run on Snowmass Mountain. Built-in custom California Closets, gas fireplace, tile and carpet flooring, solid wood doors, in-unit washer/dryer. This is a true mountain oasis in a well managed complex with assigned covered parking, extra ski-storage, pool, hot tub and onsite rental management services available.” 2020 taxes: $2,131; HOA Dues: $15,435. Under Contract Date: 10/12/2021; Sold Date: 11/10/2021. (Photos and broker comments courtesy of Compass)

MLS # 171963- Crestwood, Snowmass Village, 400 Wood Road B-2105, Snowmass Village, CO; Sold Price: $485,000/$721 sq ft; furnished. Sold Date: 11/08/2021. More details below photos.

MLS # 171963- Crestwood, Snowmass Village, 400 Wood Road B-2105, Snowmass Village, CO; Sold Price: $485,000/$721 sq ft; furnished. Sold Date: 11/08/2021. Ask Price: $495,000. (Original Price: $495,000 and on the market since 09/10/2021.) This is a 1970 built and 2006 remodeled, 1 bedroom/1 bath, 672 sq ft condo. Broker comments are “Well located, fully furnished, ground floor one-bedroom at one of Snowmass’ most popular properties. Exceptionally well managed and the perfect second home or rental property. Easy access to either Fanny Hill or Assay Hill ski runs. Walk to Base Village activities such as dining, biking and concerts.” 2020 taxes: $1,052; HOA Dues: $14,609. Under Contract Date: 10/09/2021; Sold Date: 11/08/2021. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty)

MLS # 171476- Gateway To Snowmass, Old Snowmass, 37 Picket Pin Lane, Snowmass, CO; Sold Price: $792,000/$437 sq ft; unfurnished. Sold Date: 11/10/2021. More details below photos.

MLS # 171476- Gateway To Snowmass, Old Snowmass, 37 Picket Pin Lane, Snowmass, CO; Sold Price: $792,000/$437 sq ft; unfurnished. Sold Date: 11/10/2021. Ask Price: $889,000. (Original Price: $889,000 and on the market since 08/08/2021.) This is a 1973 built, 3 bedroom/2 bath, 1,811 sq ft single-family. Broker comments are “Unique opportunity to purchase a single family cottage on over an acre in Old Snowmass. Home consists of a two bedroom one bath with a separate one bedroom one bath all under one roof. This allows many options for a homeowner to use one side and rent the other, utilize entirely as rental property, use one side and create a nice office or studio space in the other.” 2020 taxes: $3,543; HOA Dues: $1,320. Under Contract Date: 08/31/2021; Sold Date: 11/10/2021. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty)

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