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Aspen Real Estate Market 
Last Week’s Sales: Feb 4 – Feb 11, 24 – Week 6

Closed (10): MLS#s: 181468, 182449, 180601, 182418, 182480, 170660, 182474, 182038, 182467, 181117. This link is valid until 3/12/2024

Under Contract/Pending (11): LS#s: 182031, 182056, 176321, 182337, 181113, 181746, 181442, 181309, 181814, 182092, 182262.  This link is valid until  3/12/2024.

The Estin Report: 2023 Year in Review Aspen Snowmass real estate market report– 32 pg review and looking forward report – has just been released in a print version and as a downloadable pdf in the Reports Section. See also Aspen real estate market weekly blog postings, the monthly 10-page market snapshots (Dec 2023 YTD). The print edition is available 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 # 181468 – Pitkin Green, Red Mountain, 848 Willoughby Way, CO; Vacant land / lot for sale,  Sold Price: $25.5M. Sold Date: 02/09/2024. More details below photos.

MLS # 181468 – Pitkin Green, Red Mountain, 848 Willoughby Way, CO; Vacant land / lot for sale,  Sold Price: $25.5M. Sold Date: 02/09/2024. Ask Price: $26.7M. (Original Price: $26.7M and on the market since 10/20/2023. The property previously sold for $14.67M on 11/08/18.). Tim’s comments: Prime 6 acre vacant lot on Willoughby Way offers stunning mountain views, a private stream and pond, and direct access to Rio Grand Trail and Roaring Fork River. Flat buildable area allows for potential 10,000+ square foot luxury residence (with the purchase of Transferrable Development Rights – TDRs). 2023 Taxes: $29,330; HOA Dues: $4,000. Under Contract Date: 12/21/2023; Sold Date: 02/09/2024. (Photos courtesy of Engel & Völkers)

MLS # 182449 – West Aspen, 605 Cemetery Lane, Aspen, CO; Sold Price: $16.5M/$3,325 sq ft. Partial furnished; Sold Date: 02/05/2024. More details below photos. 

MLS # 182449 – West Aspen, 605 Cemetery Lane, Aspen, CO; Sold Price: $16.5M/$3,325 sq ft. Partial furnished; Sold Date: 02/05/2024. Ask Price: $16.5M (Original Price: $16.5M and on the market since 02/05/2024.) This is a 1998 built, 5 bedroom 4 bath/1 half-bath/1 3/4-bath, 4,961 sq ft single-family home with 2 car garage on a 26,571 sq ft lot, or 0.61 acre. Tim’s comments: Sold before MLS. The home is located immediately after the northbound turn-off onto Cemetery Ln and it is on the left, or west side of the street. It looks out onto the Aspen Golf Course with Aspen Highlands and west facing views (sunsets). 2024 Taxes: $18,906. Under Contract Date: 12/10/2023; Sold Date: 02/05/2024. (Photos courtesy of Coldwell Banker Mason Morse)

MLS # 180601 – Ridge of Red Mountain, Red Mountain, 210 Draw Drive, Aspen, CO; Sold Price: $7.5M/$2,441 sq ft. Unfurnished; Sold Date: 02/09/2024. More details below photos. 

MLS # 180601 – Ridge of Red Mountain, Red Mountain, 210 Draw Drive, Aspen, CO; Sold Price: $7.5M/$2,441 sq ft. Unfurnished; Sold Date: 02/09/2024. Ask Price: $8.5M (Original Price: $9.975M and on the market since 08/13/2023.) This is a 2007 built, 2 bedroom 2 bath/1 half-bath, 3,072 sq ft single-family home with 2 car garage on a 31,829 sq ft lot, or 0.73 acre. Tim’s comments: Custom-designed mountain retreat nestled on Red Mountain Ridge. Spanning 2,520 sq ft  on a three-quarter acre lot.  The open living room with vaulted ceilings and gas fireplace overlooks panoramic mountain views.  The home features an elevator, two bedrooms with private decks and laundry, office space, and a modern efficient kitchen. Abundant storage, tandem garage with snow-melted driveway, and potential sub-basement for customization. Thoughtful details throughout, including mudroom and outdoor-access laundry room. 2022 Taxes: $15,286; HOA Dues: $1,978. Under Contract Date: 01/10/2024; Sold Date: 02/09/2024. (Photos courtesy of Aspen Snowmass Sotheby’s International Realty)

MLS # 182418 – Ajax Condos, Central Core, 107 Aspen Mountain Road 8, Aspen, CO; Sold Price: $2.7M/$3,391 sq ft. Furnished; Sold Date: 02/07/2024. More details below photos. 

MLS # 182418 – Ajax Condos, Central Core, 107 Aspen Mountain Road 8, Aspen, CO; Sold Price: $2.7M/$3,391 sq ft. Furnished; Sold Date: 02/07/2024. Ask Price: $2.799M (Original Price: $2.799M and on the market since 02/01/2024.) This is a 1965 built and 2021 remodeled, 2 bedroom/2 3/4-bath, 796 sq ft condo with assigned car garage. Tim’s comments: Newly remodeled condo in Aspen’s in-demand rental lodging zone where no short term rental permit is required (a license is however). Ideal for skiers who can almost literally jump onto the slopes of Aspen Mountain. Contemporary interior with upgraded amenities, cozy fireplace, and Samsung Frame TV. Modern kitchen with sleek countertops, stackable washer/dryer for convenience. Comes with assigned parking spot in central core. 2022 Taxes: $3,688; HOA Dues: $12,916. Under Contract Date: 02/01/2024; Sold Date: 02/07/2024. (Photos courtesy of Aspen Luxury Sales)

MLS # 182480 – Midland Condominiums Central Core, 601 S West End Street 13, Aspen, CO; Sold Price: $1,091,125/$2,783 sq ft. Furnished; Sold Date: 02/06/2024. More details below photos. 

MLS # 182480 – Midland, Central Core, 601 S West End Street 13, Aspen, CO; Sold Price: $1,091,125/$2,783 sq ft. Furnished; Sold Date: 02/06/2024. Ask Price: $1,091,125 (Original Price: $1,091,125 and on the market since 02/07/2024.) This is a 1969 built and 1999 remodeled, 1 bedroom 1 bath/1 half-bath, 392 sq ft condo with common car garage. Tim’s comments: This is a below grade 1-bdrm condo approx. 2.5 blocks to the Aspen Mountain Gondola. 2024 Taxes: $1,901; HOA Dues: $4,200. Under Contract Date: 12/23/2023; Sold Date: 02/06/2024 (Photos courtesy of Aspen Snowmass Sotheby’s International Realty)

MLS # 170660 – Old Snowmass, Snowmass Falls Ranch, 11500 Snowmass Creek Road, Snowmass, CO; Sold Price: $34M/$31,135 sq ft. Sold Date: 02/05/2024. More details below photos. 

MLS # 170660 – Old Snowmass, Snowmass Falls Ranch, , 11500 Snowmass Creek Road, Snowmass, CO; Sold Price: $34M/$31,135 sq ft. Sold Date: 02/05/2024. Ask Price: $45M (Original Price: $50M and on the market since 06/22/2021.) This is a 1975 built, 1 bedroom, 1 bath, 1,092 sq ft agricultural  on a 28,314,000 sq ft lot, or 650 acre. Tim’s comments: Snowmass Falls Ranch is 650± acres in a picturesque mountain valley offering natural beauty, seclusion, and proximity to world-class amenities was purchased by Pitkin County Open Space and Trails (see article). The ranch, the last private property in the upper Snowmass Creek valley, is surrounded by the Maroon Bells – Snowmass Wilderness, providing access to over 100 miles of trails and six peaks over 14,000 feet. A wonderful score for Pitkin County! Hurray!! 2020 Taxes: $866.88. Under Contract Date: 12/20/2023; Sold Date: 02/05/2024. (Photos courtesy of Hall and Hall Partners)

MLS # 182474 – Meadow Ranch, Snowmass Village, 132 Meadow Ranch Road E3B, Snowmass Village, CO; Sold Price: $2,544,200/$1,451 sq ft. Furnished; Sold Date: 02/02/2024. More details below photos. 

MLS # 182474 – Meadow Ranch, Snowmass Village, 132 Meadow Ranch Road E3B, Snowmass Village, CO; Sold Price: $2,544,200/$1,451 sq ft. Furnished; Sold Date: 02/02/2024.  Ask Price: $2,544,200 (Original Price: $2,544,200 and on the market since 02/06/2024.) This is a 1978 built, 3 bedroom 3 bath/1 half-bath, 1,753 sq ft duplex with common car garage on a 1,753 sq ft lot. Tim’s comments: Sold Before MLS. 2023 Taxes: $6,668; HOA Dues: $7,644. Under Contract Date: 02/02/2024; Sold Date: 02/02/2024. (Photos courtesy of Christie’s International Real Estate Aspen Snowmass)

MLS # 182038 – Tamarack, Snowmass Village, 135 Carriage Way 29, Snowmass Village, CO; Sold Price: $2.35M/$3,906 sq ft. Furnished; Sold Date: 02/08/2024. More details below photos. 

MLS # 182038 – Tamarack, Snowmass Village, 135 Carriage Way 29, Snowmass Village, CO; Sold Price: $2.35M/$3,906 sq ft. Furnished; Sold Date: 02/08/2024. Ask Price: $2.395M (Original Price: $2.395M and on the market since 12/21/2023.) This is a 1969 built and 2021 remodeled, 4 bedroom 3 bath, 1,332 sq ft townhome. Tim’s comments: Remodeled four-bedroom townhome conveniently situated across from Snowmass Base Village and Fanny Hill ski trail. The property offers two suites, one on each level with gas fireplace, plus two additional bedrooms sharing a hall bathroom. Close proximity to outdoor heated pool and hot tubs. Off-street parking and easy access to the Town of Snowmass Village bus shuttle. This is an ideal unit for vacations and rental income. 2023 Taxes: $4,471; HOA Dues: $26,643. Under Contract Date: 12/27/2023; Sold Date: 02/08/2024. (Photos courtesy of Aspen Snowmass Sotheby’s International Realty)

MLS # 182467 – Chamonix Condos, Snowmass Village, 476 Wood Road #47, Snowmass Village, CO; Sold Price: $2.1M/$1,529 sq ft. Furnished; Sold Date: 02/06/2024. More details below photos. 

MLS # 182467 – Chamonix, Snowmass Village, 476 Wood Road #47, Snowmass Village, CO; Sold Price: $2.1M/$1,529 sq ft. Furnished; Sold Date: 02/06/2024.  Ask Price: $2.1M (Original Price: $2.1 M and on the market since 02/06/2024.) This is a 1985 built, 2 bedroom 3 bath, 1,373 sq ft condo. Tim’s comments: Sold before MLS. 2023 Taxes: $6,732; HOA Dues: $219,369. Under Contract Date: 12/09/2023; Sold Date: 02/06/2024. (Photos courtesy of Douglas Elliman Real Estate)

MLS # 181117 – Aspenwood Condominiums, Snowmass Village, 600 Carriage Way l17, Snowmass Village, CO; Sold Price: $1.850M/$1,728 sq ft. Furnished; Sold Date: 02/06/2024. More details below photos. 

MLS # 181117 – Aspenwood, Snowmass Village, 600 Carriage Way l17, Snowmass Village, CO; Sold Price: $1.850M/$1,728 sq ft. Furnished; Sold Date: 02/06/2024. Ask Price: $2M (Original Price: $2M and on the market since 09/22/2023.) This is a 1967 built and 2023 remodeled, 2 bedroom 2 bath, 1,070 sq ft condo. Tim’s comments: Newly remodeled condo with modern interior including LED lighting and Savant system. Frame TVs in living room and guest bedroom, 8k TV in master bedroom. Updated kitchen with new cabinets. Enhanced security with Ring Doorbell and smoke alarm system. Amenities include heated pool, sun deck, BBQ grill, fitness center, steam room, ski closets, bike storage, and parking in front of unit. Low HOA dues and unlimited owner usage. Free shuttle service nearby. 2022 Taxes: $2,502; HOA Dues: $14,320. Under Contract Date: 01/03/2024; Sold Date: 02/06/2024. (Photos courtesy of Compass)

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