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Aspen Real Estate Market  Last Week’s Sales: May 08 – 15, 22 – Week 19

The Apr 2022 Snapshot will be posted in the next two days. The Q1 2022 & March 2022 Aspen Market Snapshot was posted 4/4/22 in the Estin Reports section.

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 May 16, 2022 – Aspen CO real estate market activity, Week 19

Closed (6): MLS#s: 168549, 170396, 170460, 174107, 174118, 174168. This link is valid until 6/14/2022.

Under Contract/Pending (5): MLS#s: 171336, 173961, 174856, 174899, 174925. This link is valid until 6/14/2022.

Sold Properties Last Week:

MLS # 168549- West End, 504 N Eighth Street, Aspen, CO; Sold Price: $11,995,000/$2,381 sq ft; unfurnished. Sold Date: 05/10/2022. More details below photos.

MLS # 168549- West End, 504 N Eighth Street, Aspen, CO; Sold Price: $11,995,000/$2,381 sq ft; unfurnished. Sold Date: 05/10/2022. Ask Price: $11,995,000. (Original Price: $16,950,000 and on the market since 02/10/2021.) This is a 1994 built and 2007 remodeled, 5 bedroom/5 bath/1 half-bath, 5,036 sq ft single family home with 2 car garage on a 0.14 acres lot. Tim’s comments, This is a classic 1994 home is on an open corner lot looking south and west past Shadow mountain making it one of the best sun exposed lots with views in the West End. The property is a short walk to a shuttle bus into town for skiing or to the other ski areas, and the Aspen Institute and Music Festival campuses are a short walk away as is a hiking path to the Rio Grande Trail to walk into town or bike/hike down valley. 2020 taxes: $16,227. Under Contract Date: 01/10/2022; Sold Date: 05/10/2022. (Photos and broker comments courtesy of Douglas Elliman Real Estate)

MLS # 170396- Durant Condos, Central Core, 748 S Galena Avenue 2-D, Aspen, CO; Sold Price: $8,150,000/$4,042 sq ft; unfurnished. Sold Date: 05/09/2022. More details below photos.

MLS # 170396- Durant Condos, Central Core, 748 S Galena Avenue 2-D, Aspen, CO; Sold Price: $8,150,000/$4,042 sq ft; unfurnished. Sold Date: 05/09/2022. Ask Price: $8,395,000. (Original Price: $6,990,000 and on the market since 06/09/2021.) This is a 1969 built and 2020 remodeled, 4 bedroom/4 bath/1 half-bath, 2,016 sq ft condo. Tim’s comments: This is a rare spacious 4 bedroom / 4.5 bathroom two level unit in a highly desirable contemporary Aspen condo complex, the Durant Condominiums. This condo has been recently remodeled with 4 ensuite bedrooms, a high end gourmet kitchen, pantry and laundry room, floor to ceiling windows facing west, air conditioning, 4 fireplaces, powder room and it is adjacent to the complex’s swimming pool and hot tub/Jaccuzzi. On the backside of the complex is a ski trail catwalk directly accessing Little Nell to ski down to the Aspen Mountain Gondola. 2020 taxes: $10,180. HOA Dues: $26,759. Under Contract Date: 03/26/2022; Sold Date: 05/09/2022. (Photos and broker comments courtesy of Engel & Volkers)

MLS # 170460- Old Snowmass, 1460 Snowmass Creek Road, Snowmass, CO; Sold Price: $2,800,000/$1,386 sq ft; unfurnished. Sold Date: 05/11/2022. More details below photos.

MLS # 170460- Old Snowmass, 1460 Snowmass Creek Road, Snowmass, CO; Sold Price: $2,800,000/$1,386 sq ft; unfurnished. Sold Date: 05/11/2022. Ask Price: $3,000,000. (Original Price: $1,995,000 and on the market since 06/11/2021.) This is a 1971 built, 2,020 sq ft single family home. Tim’s comments: With more than 600’ of riverfront, this is a grandfathered building site allowing for the replacement of an older structure with a new 5,750 sq ft home at the junction of Snowmass and Capital Creeks in Old Snowmass. Additional zoning bonuses are the right to keep a wood burning fireplace (since the 1990’s, only gas fireplaces are permitted in Pitkin County) and a separate detached 773 sq ft outbuilding that could be used as an office, an art studio or barn. A very sweet river spot with lots of sun and a small island in the middle of Snowmass Creek. 2020 taxes: $4,442. Under Contract Date: 02/09/2022; Sold Date: 05/11/2022. (Photos and broker comments courtesy of Laura Maggos Properties)

MLS # 174107- Stonebridge Condominiums, Snowmass Village, 30 Anderson Lane 610, Snowmass Village, CO; Sold Price: $2,499,000/$1,922 sq ft; furnished. Sold Date: 05/09/2022. More details below photos.

MLS # 174107- Stonebridge Condos, Snowmass Village, 30 Anderson Lane 610, Snowmass Village, CO; Sold Price: $2,499,000/$1,922 sq ft; furnished. Sold Date: 05/09/2022. Ask Price: $2,499,000. (Original Price: $2,499,000 and on the market since 03/18/2022.) This is a 1970 built and 2006 remodeled, 2 bedroom/3 bath, 1,300 sq ft condos with assigned car garage. Tim’s comments:  This is a rare slopeside 2 bedroom / 3 bathroom plus den corner condo overlooking Fanny Hill and the Snowmass Base Village Plaza. Nicely furnished irect ski in and out access and a short walk to Base Village and the Snowmass Mall. The condo comes with a designated parking garage spot and a large basement storage unit. 2021 taxes: $4,065. HOA Dues: $20,820. Under Contract Date: 03/28/2022; Sold Date: 05/09/2022. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s SS)

MLS # 174118- Top of Village, Snowmass Village, 855 Carriage Way Trails 208, Snowmass Village, CO; Sold Price: $1,200,000/$1,111 sq ft; furnished. Sold Date: 05/05/2022. More details below photos.

MLS # 174118- Top of Village, Snowmass Village, 855 Carriage Way Trails 208, Snowmass Village, CO; Sold Price: $1,200,000/$1,111 sq ft; furnished. Sold Date: 05/05/2022. Ask Price: $1,299,000. (Original Price: $1,299,000 and on the market since 03/21/2022.) This is a 1974 built, 2 bedroom/2 bath, 1,080 sq ft condo. Tim’s comments: With Snowmass Village condo prices fast rising, this is an value opportunity to own an older 2 bedroom/ 2 bath slopeside 2nd floor unit in one of traditional Snowmass’ highly rated complexes, Top of the Village (TOV). You get covered parking, on-site property management and rental booking, elevator to the unit and washer / dryer in the unit. The complex facilities include a swimming pool, hot tub / jacuzzi, sauna and exercise room.2021 taxes: $2,242. HOA Dues: $15,442. Under Contract Date: 04/02/2022; Sold Date: 05/05/2022. (Photos and broker comments courtesy of Douglas Elliman Real Estate)

MLS # 174168- Timberline, Snowmass Village, 690 Carriage Way 304, Snowmass Village, CO; Sold Price: $805,000/$1,250 sq ft; furnished. Sold Date: 05/10/2022. More details below photos.

MLS # 174168- Timberline, Snowmass Village, 690 Carriage Way 304, Snowmass Village, CO; Sold Price: $805,000/$1,250 sq ft; furnished. Sold Date: 05/10/2022. Ask Price: $790,000. (Original Price: $790,000 and on the market since 03/24/2022.) This is a 1985 built and 2021 remodeled, 1 bedroom/1 bath, 644 sq ft condo. Tim’s comments: Beautifully remodeled 1-bedroom/1 bath Snowmass ski condo with built in Murphy bed for extra guests. Lutron lights, Bosch appliances, induction stove top cooking and custom railings. Located just steps to the skiing the unit offers a strong rental income opportunity. 2021 taxes: $1985. HOA Dues: $9,576. Under Contract Date: 04/03/2022; Sold Date: 05/10/2022. (Photos and broker comments courtesy of Compass)

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