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Aspen Real Estate Market 
Last Week’s Sales: Jan 21 – 28, 24 – Week 4

Closed (11): MLS#s: 178262, 174731, 181295, 181713, 182294, 181622, 181996, 180353, 181083, 182090, 180908. This link is valid until 2/27/2024

Under Contract/Pending (12): MLS#s: 182043, 182229, 182069, 182126, 180711, 182075, 181142, 182174, 182085, 182226, 180786, 182242.  This link is valid until  2/27/2024.

The Estin Report: 2023 Year in Review Aspen Snowmass real estate market report has just been released as a downloadable pdf in the Reports Section. See other Aspen real estate market weekly blog postings, the monthly 10-page market snapshots (Dec 2023 YTD). The print version 2023 Year in Review H2 & YR will be available about Feb 10th, 24 in brochure racks outside at Sotheby’s at 300 S Spring St #100 (my office) and Sotheby’s at 415 E. Hyman Ave, in racks around town and at the airport.  It can be downloaded as an online version in the Reports Section.

Sold Properties Last Week.

MLS # 178262 – Townsite of Aspen, West End, 428 N 8th Street, Aspen, CO; Sold Price: $17.5M/$4,102 sq ft. Furnished; Sold Date: 01/22/2024. More details below photos. 

MLS # 178262 – Townsite of Aspen, West End, 428 N 8th Street, Aspen, CO; Sold Price: $17.5M/$4,102 sq ft. Furnished; Sold Date: 01/22/2024. Ask Price: $18.5M (Original Price: $21M and on the market since 02/17/2023.) This is a 2023 built, 5 bedroom 5 bath/1 half-bath, 4,266 sq ft single-family home with 2 car garage on a 5,828 sq ft lot, or 0.13 acre. Tim’s comments: This is a new mountain contemporary home in the West End designed with meticulous attention to detail and high-quality finishes. Features include handmade Italian brick, triple-paned European windows, and a spacious main-floor living area leading to an outdoor patio with a fireplace. The primary bedroom offers stunning views of Aspen and Shadow Mountains, while the top-floor guest suite looks towards Aspen Mountain and a natural backyard stream. The home is equipped for entertaining with a media and game room, fully furnished by Restoration Hardware (RH) and featuring Lutron lighting and shade controls. Located within easy walking distance to Aspen Meadows, Aspen Institute, 8th/Main Bus Stop and the Aspen golf course. 2023 Taxes: $5,317. Under Contract Date: 01/08/2024; Sold Date: 01/22/2024. (Photos courtesy of Aspen Snowmass Sotheby’s International Realty)

MLS # 174731 – Ridge of Red Mountain, Red Mountain, 376 Draw Drive, Aspen, CO; Sold Price: $11.795M/$4,756 sq ft. Furnished; Sold Date: 01/25/2024. More details below photos. 

MLS # 174731 – Ridge of Red Mountain, Red Mountain, 376 Draw Drive, Aspen, CO; Sold Price: $11.795M/$4,756 sq ft. Furnished; Sold Date: 01/25/2024. Ask Price: $12.9M (Original Price: $17.5M and on the market since 04/27/2022.) This is a 1974 built, 4 bedroom 3 bath/1 half-bath, 3-car garage, 2,480 sq ft single-family home with 3 car garage on a 60,984 sq ft lot, or 1.4 acre. Tim’s comments: This is an older lower Red Mountain home on a 1.4-acre parcel with panoramic views. Ideal for using the current residence while planning for expansion or rebuilding with the potential to build up to 12,914 sqft with the purchase of 3 TDRs (Transferable Development Rights). Conveniently close to downtown Aspen. 2022 Taxes: $10,263; HOA Dues: $896. Under Contract Date: 10/02/2023; Sold Date: 01/25/2024. (Photos courtesy of Compass)

MLS # 181295 – Concept 600, Central Core, 600 E Main Street #408, Aspen, CO; Sold Price: $3M/$3,157 sq ft. Furnished; Sold Date: 01/23/2024. More details below photos. 

MLS # 181295 – Concept 600, Central Core, 600 E Main Street #408, Aspen, CO; Sold Price: $3M/$3,157 sq ft. Furnished; Sold Date: 01/23/2024. Ask Price: $3.2M (Original Price: $3.2M and on the market since 10/06/2023.) This is a 1972 built and 2012 remodeled, 2 bedroom 1 bath/1 3/4-bath, 950 sq ft condo with 1 car garage. Tim’s comments: C-1 zoning allows for unlimited short-term rentals. This top-floor core condo offers 2 beds, 2 baths, garage, elevator, and a 4th-floor deck with Aspen Mountain view. Remodeled with hardwood floors, gas stove, subzero fridge, gas fireplace, air conditioning. 4 blocks from the Gondola. 2022 Taxes: $5,468; HOA Dues: $9,900. Under Contract Date: 11/13/2023; Sold Date: 01/23/2024. (Photos courtesy of Christie’s International Real Estate Aspen Snowmass)

MLS # 181713 – Aspen Village Mobile Park, Woody Creek, 64 Bear Trail, Aspen, CO; Sold Price: $680,000/$635 sq ft. Partial Furnished; Sold Date: 01/16/2024. More details below photos. 

MLS # 181713 – Aspen Village, Woody Creek, 64 Bear Trail, Aspen, CO; Sold Price: $680,000/$635 sq ft. Partial Furnished; Sold Date: 01/16/2024. Ask Price: $735,000 (Original Price: $745,000 and on the market since 11/16/2023.) This is a 2001 built, 2 bedroom 2 bath, 1,070 sq ft single-family home on a 3,315 sq ft lot, or 0.08 acre. Tim’s comments: Cozy 2 bed, 2 bath home in Aspen Village with open space views, vaulted ceilings, walk-in closet, in-unit laundry, and new floors. Features carport, storage sheds, gas fireplace, covered porch, and private patio. Community amenities include garden, pool, playground, clubhouse, gym, and extra parking. No HOA dues; Aspen Village Metro District covers property taxes for utilities and maintenance. Located in Aspen School District, on RFTA bus route. Deed restricted to Resident Occupied (RO) by APCHA (Aspen Pitkin County Housing Authority). No resale or income restrictions. Aspen Village Metro debt limit increase passed 11/7/23 for Waste Water Treatment Facility funding. 2022 Taxes: $3,759. Under Contract Date: 12/15/2023; Sold Date: 01/16/2024. (Photos courtesy of Douglas Elliman Real Estate)

MLS # 182294 – Inn At Aspen, West Aspen, 38750 Highway 82 2218, Aspen, CO; Sold Price: $405,000/$1,167 sq ft. Furnished; Sold Date: 01/22/2024. More details below photos. 

MLS # 182294 – Inn At Aspen, West Aspen, 38750 Highway 82 2218, Aspen, CO; Sold Price: $405,000/$1,167 sq ft. Furnished; Sold Date: 01/22/2024. Ask Price: $425,000 (Original Price: $425,000 and on the market since 01/23/2024.) This is a 1969 built, 1 bath, 347 sq ft hotel/condo. Tim’s comments: Sold off market. 2022 Taxes: $577; HOA Dues: $8,213. Under Contract Date: 01/22/2024; Sold Date: 01/22/2024. (Photos courtesy of Aspen Snowmass Sotheby’s International Realty)

MLS # 181622 – Snowmass Base Village/One Snowmass West, Snowmass Village, 45 Wood Road #603, Snowmass Village, CO; Sold Price: $8.4M/$3,259 sq ft. Furnished; Sold Date: 01/24/2024. More details below photos. 

MLS # 181622 – Base Village/One Snowmass West, Snowmass Village, 45 Wood Road #603, Snowmass Village, CO; Sold Price: $8.4M/$3,259 sq ft. Furnished; Sold Date: 01/24/2024. Ask Price: $8.5M (Original Price: $8.5M and on the market since 11/06/2023.) This is a 2019 built, 4 bedroom 4 bath, 2,577 sq ft condo with common car garage. Tim’s comments: Beautiful spacious mountain retreat in Base Village, steps from chairlift and gondola. Offers luxurious comfort with in-unit laundry, fitness center, ski storage, shuttle service, and a rooftop terrace with an infinity pool/hot tub. Features top-tier appliances and interior design. Private balcony with breathtaking mountain views. 2022 Taxes: $27,375; HOA Dues: $46,244. Under Contract Date: 12/04/2023; Sold Date: 01/24/2024. (Photos courtesy of Aspen Snowmass Sotheby’s International Realty)

MLS # 181996 – Melton Ranch Sub, Snowmass Village, 559 Meadow Road, Snowmass Village, CO; Sold Price: $6.2M/$1,748 sq ft. Partial Furnished; Sold Date: 01/26/2024. More details below photos. 

MLS # 181996 – Melton Ranch, Snowmass Village, 559 Meadow Road, Snowmass Village, CO; Sold Price: $6.2M/$1,748 sq ft. Partial Furnished; Sold Date: 01/26/2024. Ask Price: $6.7M (Original Price: $6.7M and on the market since 12/18/2023.) This is a 1999 built, 3 bedroom 3 bath/1 half-bath, 3,545 sq ft single-family home with 2 car garage on a 32,460 sq ft lot, or 0.75 acre. Tim’s comments: Stunning ski-mountain views from this 3,545 sq ft single-family home in Snowmass Village.  The property features oversized windows, a heated deck, high ceilings, and an open floor plan for indoor-outdoor living. Additionally, there’s an office, artist studio/flex room, and potential for a 4th bedroom or exercise space. Set on a .75-acre flat lot with ample lawn space and natural light. Includes a spacious 2-car garage for storage. 2022 Taxes: $9,881; HOA Dues: $200. Under Contract Date: 12/22/2023; Sold Date: 01/26/2024. (Photos courtesy of Douglas Elliman Real Estate)

MLS # 180353 – Capitol Peak, Snowmass Village, 110 Carriage Way 3310, Snowmass Village, CO; Sold Price: $2.975M/$2,489 sq ft. Furnished; Sold Date: 01/24/2024. More details below photos. 

MLS # 180353 – Capitol Peak, Snowmass Village, 110 Carriage Way 3310, Snowmass Village, CO; Sold Price: $2.975M/$2,489 sq ft. Furnished; Sold Date: 01/24/2024. Ask Price: $3.1M (Original Price: $3.346M and on the market since 07/26/2023.) This is a 2008 built, 2 bedroom 2 bath, 1,195 sq ft condo with assigned car garage. Tim’s comments: This 2-bed, 2-bath Capitol Peak unit in Base Village offers stunning views of the gondola plaza and Tree House. Features an open floor plan, generous windows, two balconies, and a kitchen with bar seating. Master bedroom is  en-suite, second bedroom with separate bathroom. Private ski locker room, onsite workout facility, outdoor hot tubs, and unassigned parking space in garage. Ideal for business and pleasure, steps from skiing, biking, and hiking. 2022 Taxes: $9,046; HOA Dues: $29,031. Under Contract Date: 12/23/2023; Sold Date: 01/24/2024. (Photos courtesy of Pinnacle Properties & Development)

MLS # 181083 – Capitol Peak, Snowmass Village, 110 Carriage Way 3308, Snowmass Village, CO; Sold Price: $2.05M/$1,980 sq ft. Furnished; Sold Date: 01/09/2024. More details below photos. 

MLS # 181083 – Capitol Peak, Snowmass Village, 110 CarriageWay 3308, Snowmass Village, CO; Sold Price: $2.05M/$1,980 sq ft. Furnished; Sold Date: 01/09/2024. Ask Price: $2.15M (Original Price: $2.25M and on the market since 09/19/2023.) This is a 2008 built and 2018 remodeled, 2 bedroom 2 bath, 1,035 sq ft condo with 1 car garage on a 1,035 sq ft lot, or 0.02 acre. Tim’s comments: Prime slope-side 2-bed, 2-bath condo steps from everything in Snowmass, short bus ride to Aspen. Granite countertops, stainless appliances, gas fireplace, hardwood floors. Fully furnished with views from every room and deck. Underground parking, concierge services, ski locker, hot tubs, gym, pool room, elevator, conference center. Ideal ski getaway and rental income property. 2022 Taxes: $7,480; HOA Dues: $21,448. Under Contract Date: 12/04/2023; Sold Date: 01/09/2024. (Photos courtesy of Aspen Snowmass Sotheby’s International Realty)

MLS # 182090 – Crestwood, Snowmass Village, 400 Wood Road J-3201, Snowmass Village, CO; Sold Price: $1.9M/$1,124 sq ft. Furnished; Sold Date: 01/22/2024. More details below photos. 

MLS # 182090 – Crestwood, Snowmass Village, 400 Wood Road J-3201, Snowmass Village, CO; Sold Price: $1.9M/$1,124 sq ft. Furnished; Sold Date: 01/22/2024. Ask Price: $1.9M (Original Price: $1.9M and on the market since 12/28/2023.) This is a 1970 built and 2023 remodeled, 3 bedroom 4 bath, 1,690 sq ft condo. Tim’s comments: Top-floor, corner 2-bed + den + loft/4-bath property at The Crestwood, one of Snowmass’ most popular ski in/ski out complexes, featuring vaulted wood ceilings and a long wraparound balcony. Unique floorplan with 4 sleeping areas, two living areas, gas fireplace, and murphy bed. Large primary suite with king bed and south-facing views, plus queen guest bedroom. Loft with dormer window and dressing room. Recently repainted, with new bedding, accessories, rugs, and lighting. Sunny all afternoon. Easy walk to Crestwood amenities and ski concierge room. Ideal for large families with upgrade potential. 2022 Taxes: $3,295; HOA Dues: $33,706. Under Contract Date: 12/31/2023; Sold Date: 01/22/2024. (Photos courtesy of Compass SMV)

MLS # 180908 – Tamarack, Snowmass Village, 135 Carriage Way 20, Snowmass Village, CO; Sold Price: $1.59M/$1.698 sq ft. Furnished; Sold Date: 01/24/2024. More details below photos. 

MLS # 180908 – Tamarack, Snowmass Village, 135 Carriage Way 20, Snowmass Village, CO; Sold Price: $1.59M/$1.698 sq ft. Furnished; Sold Date: 01/24/2024. Ask Price: $1.695M (Original Price: $1.795M and on the market since 09/03/2023.) This is a 1969 built and 2021 remodeled, 2 bedroom 2 bath, 936 sq ft condo. Tim’s comments: This is Snowmass Village living with resort amenities in a 2-bed, 2-bath Tamarack townhome, across from Base Village. Enjoy down-valley vistas and a recent transformation with new flooring, fresh paint, and stylish furnishings. Cozy up by two stacked stone fireplaces and bask in abundant natural light. Convenient parking steps from your door. The complex features a lush pool area with hot tub. 2022 Taxes: $2,371; HOA Dues: $15,643. Under Contract Date: 12/30/2023; Sold Date: 01/24/2024. (Photos courtesy of Aspen Snowmass Sotheby’s International Realty)

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