Aspen Real Estate Market Last Week’s Sales: Dec 12 – 19, 21 – Week 51
Estin Report: 1st Half 2021 sf – Aspen 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 October 2021 Aspen Market Report Snapshot and Q3 2021 historic quarterly charts was posted Nov 11th in the Estin Reports and Market Charts Sections.
Blog Posted Dec 20, 2021 – Aspen CO real estate market activity, Week 51
Closed (15): MLS#s: 172221, 173086, 172222, 170010, 170268, 172130, 169452, 171860, 172870, 172084, 173097, 172898, 171590, 166454, 171808. This link is valid until 1/18/2022.
Under Contract/Pending (10): MLS#s: 151263, 171317,173084, 170567, 172415, 173063, 173064, 172453, 172786, 173141. This link is valid until 1/18/2022.
Sold Properties Last Week:
MLS # 172221- West Aspen, 511 Lazy Chair Ranch Road, Aspen, CO; Sold Price: $11,000,000/$1,214 sq ft; unfurnished. Sold Date: 12/13/2021. More details below photos.
MLS # 172221- West Aspen, 511 Lazy Chair Ranch Road, Aspen, CO; Sold Price: $11,000,000/$1,214 sq ft; unfurnished. Sold Date: 12/13/2021. Ask Price: $29,995,000. The property was sold with MLS #172222, see below, for a combined 4.4 acre parcel. See site plan for Lots 1 & 2. (Original Price: $29,995,000 and on the market since 09/29/2021.) Bought pre-construction. This will be a 2022 built, 6 bedroom/5 bath/3 half-bath, 9,057 sq ft single family home with 3 car garage on a 2.4 acres lot. Broker comments are “Situated at the end of private Lazy Chair Ranch Road overlooking the Maroon Creek Club is your state-of-the-art custom home in the making. Picture an 9,057 sq. ft. dream home with every detail you can imagine. This spectacular property totaling 2.4 acres overlooks the 6th and 8th holes and has expansive views of Aspen Mountain, Thunderbowl & Red Mountain. Construction is beginning Fall of 2021 with expected completion in 2023 (save years of planning and process). Designed by Bill Poss Architects and built by Madigan Construction, this is your opportunity to have it all without any of the hassle.” 2021 taxes: $10,245. HOA Dues: $2,645. Under Contract Date: 10/12/2021; Sold Date: 12/13/2021. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s Hyman Mall)
MLS # 173086- Conundrum, West Aspen, 301 Conundrum Creek Road, Aspen, CO; Sold Price: $8,950,000/$1,629 sq ft; unfurnished. Sold Date: 12/13/2021. More details below photos.
MLS # 173086- Conundrum, West Aspen, 301 Conundrum Creek Road, Aspen, CO; Sold Price: $8,950,000/$1,629 sq ft; unfurnished. Sold Date: 12/13/2021. Ask Price: $8,975,000. (Original Price: $8,975,000 and on the market since 12/13/2021.) Tim’s notes: This property has been listed on/off the market since since 2/28/12 originally listed at $4.75M. The owner, a broker, was approached in early Dec 2021 if they’d be interested in selling. This is a 1994 built, 6 bedroom/4 bath/1 half-bath, 5,494 sq ft single family home with 2 car garage on a 2 acres lot. Broker comments is “Conundrum Valley off of Castle Creek” 2020 taxes: $11,256. Under Contract Date: 12/13/2021; Sold Date: 12/13/2021. (Photos and broker comments courtesy of Compass)
MLS #172222- West Aspen, TBD Lazy Chair Ranch Road, Aspen, CO; Vacant land for sale; Sold Price: $8,000,000. Sold Date: 12/13/2021. More details below photos.
MLS #172222- West Aspen, TBD Lazy Chair Ranch Road, Aspen, CO; Vacant land for sale; Sold Price: $8,000,000. Sold Date: 12/13/2021. Ask Price: $8,495,000. (Original Price: $8,495,000 and on the market since 09/29/2021.) Tim’s notes: This vacant lot was purchased with the TBD Lazy Chair property above resulting in a combine 4.4 acre parcel. See Lots 1 & 2 site plan. This is a single-family vacant lot. Broker comments are “One of the few lots remaining in Aspen to build a large home (no TDR’s required). Total buildable living area is 8,460 sq ft. Incredible views, a generous building envelope, and close proximity to downtown create a canvas for those who dare to dream. Situated on a private road and course-side at the Maroon Creek Club, this spectacular 2-acre parcel is right next to the 9th tee. With great morning sun and expansive views towards Aspen, Thunderbowl, & Red Mountain, this is your opportunity to complete your Aspen dream in a truly one-of-a-kind location.” 2021 taxes: $8,210. Under Contract Date: 10/12/2021; Sold Date: 12/13/2021. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s Hyman Mall)
MLS #170010- West Aspen, 1480 Silver King Drive, Aspen, CO; Sold Price: $5,450,000/$1,666 sq ft; unfurnished. Sold Date: 12/08/2021. More details below photos.
MLS #170010- West Aspen, 1480 Silver King Drive, Aspen, CO; Sold Price: $5,450,000/$1,666 sq ft; unfurnished. Sold Date: 12/08/2021. Ask Price: $5,750,000. (Original Price: $6,950,000 and on the market since 05/17/2021.) This is a 1973 built and 1995 remodeled, 4 bedroom/3 bath/1 half-bath, 3,271 sq ft single family home with 2 car garage on a 0.4 acres lot. Broker comments are “Enjoy views galore from this great mountain home located across the street from the Aspen Golf Course. This is a fantastic location with easy access to golf, hiking, nordic skiing just outside your front door. This home features 2 large living areas with expansive windows, vaulted ceilings and 2 large stone fireplaces. The living areas, kitchen, dining and master suite are located on the upper level with abundant natural light throughout. On the entry level of the home, there are 2 guest bedrooms plus an additional 1 bedroom studio with private entrance. This lot is zoned as single family or duplex. The property is being offered for sale with a lease in place through 7/31/22. Enjoy rental income while making plans to renovate &/or rebuild.” 2020 taxes: $9,771. Under Contract Date: 08/29/2021; Sold Date: 12/08/2021. (Photos and broker comments courtesy of Coldwell Banker Mason Morse)
MLS # 170268- Aspen Oak, West Aspen, 288 Aspen Oak Drive, Aspen, CO; Sold Price: $5,350,000/$2,295 sq ft; unfurnished. Sold Date: 12/15/2021. More details below photos.
MLS # 170268- Aspen Oak, West Aspen, 288 Aspen Oak Drive, Aspen, CO; Sold Price: $5,350,000/$2,295 sq ft; unfurnished. Sold Date: 12/15/2021. Ask Price: $5,950,000. (Original Price: $5,950,000 and on the market since 06/02/2021.) This is a 1978 built, remodeled, 4 bedroom/4 bath, 2,331 sq ft single family home with 2 car garage on a 5.03 acres lot. Broker comments are “Easy access to skiing, cross country skiing and world class biking and hiking all the while surrounded by astounding nature and wildlife only minutes from downtown Aspen. A very special lot buffered from highway and airport impacts by a large berm that allows big views of the Hunter creek valley and its peaks, the top of Aspen and Ruthies run, with views across to Starwood and gorgeous sloping down valley views of the Owl Creek valley and beyond. The existing house is very livable with fabulous decks . A new house is could be built on the new building envelope while you live in the existing house. The parcel enjoys a lot line adjustment trade with the eastern neighboring property providing substantially extra land to build on the beautiful upper mesa. This property with new lot line adjustment, never offered for sale before, now allows the building site to encompass what was formerly two prime building areas combining the building envelopes of two prime lots on the upper side of Aspen Oak Drive. This adjustment traded the subject properties land below and across Aspen Oak drive to the adjoining neighbor adjacent to their structures. This incredible lot line adjustment makes this parcel exceptional. Five minutes drive to the parking at the top of Buttermilk for easy skiing and skinning, a famous local’s secret for fabulous first tracks skiing on a powder day without the crowds. Two minutes to Maroon Creek and ten minutes to downtown Aspen, yet almost total privacy. Enjoy the existing home or rent it out while you plan your dream home. Enter under the stained glass lovebirds to the soaring ceilings and river stone fireplace. Both the living room stone fireplace and the lower level fireplace are wood burning. Although the home is dated, newer elements include marble and slate stone floors and a heated riverstone bathroom floor. Enjoy spectacular views in every direction which are protected by your 5 acres!” 2021 taxes: $8,228. Under Contract Date: 10/22/2021; Sold Date: 12/15/2021. (Photos and broker comments courtesy of Whitman Fine Properties)
MLS # 172130- Meadowood, West Aspen, 675 Meadowood Drive, Aspen, CO; Sold Price: $4,800,000/$2,031 sq ft. Sold Date: 12/10/2021. More details below photos.
MLS # 172130- Meadowood, West Aspen, 675 Meadowood Drive, Aspen, CO; Sold Price: $4,800,000/$2,031 sq ft. Sold Date: 12/10/2021. Ask Price: $4,500,000. (Original Price: $4,500,000 and on the market since 09/22/2021.) This is a 1966 built, 3 bedroom/2 bath, 2,363 sq ft single family home. Broker comments are “Build your dream home up to 8,200 square feet above grade without a TDR on this sunny lot in the sought-after Meadowood neighborhood. Over half an acre of gentle topography in the Aspen school district. An existing older home could generate rental revenue during the planning and permitting process. Close proximity to schools and recreation, only minutes to downtown.” 2020 taxes: $10,618. HOA Dues: $1,000. Under Contract Date: 09/24/2021; Sold Date: 12/10/2021. (Photos and broker comments courtesy of Coldwell Banker Mason Morse)
MLS #169452- Old Hundred, Central Core, 900 E Durant Avenue Unit 103, Aspen, CO; Sold Price: $3,990,000/$2,949 sq ft. Sold Date: 12/14/2021. More details below photos.
MLS #169452- Old Hundred, Central Core, 900 E Durant Avenue Unit 103, Aspen, CO; Sold Price: $3,990,000/$2,949 sq ft. Sold Date: 12/14/2021. Ask Price: $3,990,000. (Original Price: $3,990,000 and on the market since 04/11/2021.) This is a 1970 built and 2021 remodeled, 3 bedroom/3 bath, 1,353 sq ft condo. Broker comments are “Thoughtfully designed by Kim Raymond Architecture + Interiors, this luxury condominium offers high ceilings in the living room; a three sided gas fireplace; and all-new furnishings and fixtures. Each of the three bedrooms has an en-suite bath. Enjoy stunning views of sunsets and fireworks over Aspen mountain through newly-added windows. The kitchen will be appointed with exceptional appliances suitable for a chef and a premium lighting package is being installed throughout the home. With off-street parking, pets allowed for owners & no rental restrictions, this contemporary renovation has it all. This condo is located only one block from City Market, and a few short blocks from the gondola plaza.” 2020 taxes: $6,344. HOA Dues: $16,500. Under Contract Date: 07/20/2021; Sold Date: 12/14/2021. (Photos and broker comments courtesy of Christie’s International Real Estate Aspen Snowmass)
MLS #171860- Smuggler Loop, East Aspen, 1195 E Cooper Avenue #A, Aspen, CO; Sold Price: $3,985,000/$1,686 sq ft; unfurnished. Sold Date: 12/17/2021. More details below photos.
MLS #171860- Smuggler Loop, East Aspen, 1195 E Cooper Avenue #A, Aspen, CO; Sold Price: $3,985,000/$1,686 sq ft; unfurnished. Sold Date: 12/17/2021. Ask Price: $4,250,000. (Original Price: $3,985,000 and on the market since 09/02/2021.) This is a 1977 built, 3 bedroom/3 bath/1 half-bath, 2,363 sq ft duplex/half duplex home with 1 car garage on a 0.02 acres lot. Broker comments are “This 3 Bdr/3.5 Ba home boasts an open floor plan, vaulted ceilings, gas fireplace and so many possibilities! The main residence has 2Bdr and 2 full baths – upstairs is a loft with a 1/2 Bath that has an abundance of hidden storage areas and can be converted into an additional bedroom. Attached to the home is a quaint office space with a separate entrance. This charmer also includes a 1 car garage with a 1 Bd/1Ba ADU for extended family or additional income. A generous front yard for entertaining and multiple off-street parking spots for guests complete this unique property. This is true Aspen charm with a private deck as well.” 2020 taxes: $5,225. Under Contract Date: 11/01/2021; Sold Date: 12/17/2021. (Photos and broker comments courtesy of The Resource Group)
MLS # 172870- Le Clairvaux, Central Core, 803 E Durant Avenue 2, Aspen, CO; Sold Price: $2,600,000/2,708 sq ft; partial furnished. Sold Date: 12/15/2021. More details below photos.
MLS # 172870- Le Clairvaux, Central Core, 803 E Durant Avenue 2, Aspen, CO; Sold Price: $2,600,000/2,708 sq ft; partial furnished. Sold Date: 12/15/2021. Ask Price: $2,600,000. (Original Price: $2,600,000 and on the market since 11/22/2021.) This is a 1965 built and 2009 remodeled, 2 bedroom/2 bath, 960 sq ft condo with assigned car garage. Broker comments are “Just 2 blocks from Sliver Queen Gondola, with views of Aspen Mountain. Ground floor, south-facing condo completely updated. Floor-to-ceiling windows front and back, tongue and groove pine ceilings, exposed beams and oak hardwood floors Kitchen boasts stainless appliances, granite counters and a fabulous center-cooking island with overhead hood. Living room features fireplace full-length windows, makes for a perfect place to enjoy your coffee before hitting the slopes. Lighting and baths have been tastefully updated. Includes one assigned parking space directly in front of unit, Contingent on Seller finding an acceptable replacement property. Pet friendly, great investment property with strong rental history.” 2017 taxes: $2,806. HOA Dues: $9,718. Under Contract Date: 11/23/2021; Sold Date: 12/15/2021. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s Hyman Mall)
MLS # 172084- Chateau Blanc, Central Core, 901 E Hyman Avenue #5, Aspen, CO; Sold Price: $1,750,000/$2,108 sq ft; furnished. Sold Date: 12/15/2021. More details below photos.
MLS # 172084- Chateau Blanc, Central Core, 901 E Hyman Avenue #5, Aspen, CO; Sold Price: $1,750,000/$2,108 sq ft; furnished. Sold Date: 12/15/2021. Ask Price: $1,992,000 (Original Price: $1,992,000 and on the market since 09/20/2021.) This is a 1966 built and 1985 remodeled, 1 bedroom/1 bath, 830 sq ft condo. Broker comments are “A spacious one bedroom, one bathroom central core condo. This 2nd floor condo is a short distance to Aspen Mountain, the gondola and the center of town. Sit by the wood burning fireplace after a long day on the slopes. Murphy bed for extra guests by the kitchen and the living room also has a sliding wall room divider that could become a 2nd room if you added a couch sofa bed. Ski locker storage, washer/dryer in complex and common area parking. Great income producing property with low HOAs and no rental restrictions.” 2021 taxes: $3,310. HOA Dues: $7,448. Under Contract Date: 10/25/2021; Sold Date: 12/15/2021. (Photos and broker comments courtesy of Compass)
MLS # 173097- Castle Creek, West Aspen, 2325 Cooper Creek Road, Aspen, CO; Sold Price: $1,450,000/$1,508 sq ft. Sold Date: 03/22/2021. More details below photos.
MLS # 173097- Castle Creek, West Aspen, 2325 Cooper Creek Road, Aspen, CO; Sold Price: $1,450,000/$1,508 sq ft. Sold Date: 03/22/2021. Ask Price: $1,450,000. (Original Price: $1,450,000 and on the market since 12/15/2021.) This is a 2008 built, 2 bedroom/1 bath, 961 sq ft cabin on a 10-acre mining claim. Broker comment is “Sold before MLS” 2021 taxes: $1,845. Under Contract Date: 01/21/2021; Sold Date: 03/22/2021. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s Hyman Mall)
MLS # 171590- Ridge Run, Snowmass Village, 45 Ermine Lane, Snowmass Village, CO; Sold Price: $5,700,000/$1,258 sq ft; partial furnished. Sold Date: 12/14/2021. More details below photos.
MLS # 171590- Ridge Run, Snowmass Village, 45 Ermine Lane, Snowmass Village, CO; Sold Price: $5,700,000/$1,258 sq ft; partial furnished. Sold Date: 12/14/2021. Ask Price: $5,850,000. (Original Price: $7,000,000 and on the market since 08/14/2021.) This is a 1982 built and 2006 remodeled, 4 bedroom/4 bath/2 half-bath, 4,531 sq ft single family home with 2 car garage on a 0.84 acres lot. Broker comments are “This property has been curated to capture the endless mountain views from 4,531 square feet of luxurious comfort. With four large bedrooms (all en suite with large closets) with an approved caretaker unit, there is more than enough room for everyone. Remodeled in 2006, this stunning home includes custom mountain-inspired touches throughout. High ceilings and wood beam accents are perfect frames for the artwork and views. Open concept living spaces and extended balcony areas allow are perfect for entertaining. Home features include elevator, hot tub, and forced air heating system. Balconies on both floors allow you to enjoy those long summer evenings and alpenglow sunsets while mature landscaping provides privacy. When it is time to hit the slopes, powder access is just right around the corner. Meticulously maintained and ready for you to make your mountain dream an everyday reality!” 2020 taxes: $11,420. HOA Dues: $105. Under Contract Date: 10/30/2021; Sold Date: 12/14/2021. (Photos and broker comments courtesy of Douglas Elliman Real Estate)
MLS # 166454- Old Snowmass, 102 N River Road, Snowmass, CO; Sold Price: $5,400,000/$1,116 sq ft; furnished. Sold Date: 12/13/2021. More details below photos.
MLS # 166454- Old Snowmass, 102 N River Road, Snowmass, CO; Sold Price: $5,400,000/$1,116 sq ft; furnished. Sold Date: 12/13/2021. Ask Price: $5,750,000. (Original Price: $5,750,000 and on the market since 09/05/2020.) This is a 2008 built, 5 bedroom/6 bath/1 half-bath, 4,837 sq ft single family home with 3 car garage on a 58.33 acres lot. Broker comments are “Here you will find a most impressive mountain home on 58+ idyllic acres where you and yours have free range. Pastures, red rock hillsides, and long western views captivate all who visit. Handsome architectural features of stacked stone, wood beams and wrought iron echo throughout generous indoor and outdoor living spaces. Imagine sunsets over fields full of wildlife and sunrises over Aspen Highlands. Four well-appointed suites, plus a one-bedroom apartment above the garage will host family and friends from far + wide while an oversized 3-car garage, plus a barn accommodate all your recreational toys or maybe some horses. With BLM land and the Rio Grande Trail bordering the property, a 20-minute drive to Aspen Snowmass and a quick drive to Basalt, the opportunities for fun are endless.” 2020 taxes: $21,315. Under Contract Date: 09/30/2021; Sold Date: 12/13/2021. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s Hyman Mall)
MLS # 171808- Wildridge, Snowmass Village, 300 Oak Ridge Road, Snowmass Village, CO; Sold Price: $4,150,000/$940 sq ft; unfurnished. Sold Date: 12/14/2021. More details below photos.
MLS # 171808- Wildridge, Snowmass Village, 300 Oak Ridge Road, Snowmass Village, CO; Sold Price: $4,150,000/$940 sq ft; unfurnished. Sold Date: 12/14/2021. Ask Price: $4,750,000. (Original Price: $4,750,000 and on the market since 08/31/2021.) This is a 1977 built and 2017 remodeled, 6 bedroom/5 bath/1 half-bath, 4,412 sq ft single family home with 2 car garage on a 1.02 acres lot. Broker comments are “Unique, cozy and versatile six bedroom house located on a private road with fabulous views. Owner has one level living with top floor master bedroom with private office, living room, dining room and kitchen. Guests or family have plenty of room on the lower level with three bedrooms and second living area. Separate wing ADU living area creates added privacy with two bedrooms and living area. Not your typical neighborhood setting, very private with big views!” 2020 taxes: $9,042. HOA Dues: $105. Under Contract Date: 11/07/2021; Sold Date: 12/14/2021. (Photos and broker comments courtesy of Douglas Elliman Real Estate)
MLS # 172898- Aspenwood, Snowmass Village, 600 Carriage Way K-11, Snowmass Village, CO; Sold Price: $478,000/$919 sq ft; furnished. Sold Date: 12/15/2021. More details below photos.
MLS # 172898- Aspenwood, Snowmass Village, 600 Carriage Way K-11, Snowmass Village, CO; Sold Price: $478,000/$919 sq ft; furnished. Sold Date: 12/15/2021. Ask Price: $465,000. (Original Price: $465,000 and on the market since 11/26/2021.) This is a 1967 built and 2006 remodeled, 1 bath, 520 sq ft condo. Broker comments are “Great opportunity to own an income producing property in Snowmass. Aspenwood Condos have low HOA dues, no rental restrictions, an outdoor heated pool and two outdoor hot tubs. This studio is perfectly located, steps away from skiing, the mall and the RAFTA bus stop.” 2020 taxes: $807. HOA Dues: $7,160. Under Contract Date: 11/28/2021; Sold Date: 12/15/2021. (Photos and broker comments courtesy of Slifer Smith & Frampton RFV)
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