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Aspen Real Estate Market  Last Week’s Sales: Aug 20 – 27, 23 – Week 34

Closed (10): MLS#s: 180748, 177724, 178511, 174142, 176226, 179470, 179662, 179980, 178110, 179758. This link is valid until 9/26/2023

Under Contract/Pending (13): MLS#s: 180089, 178916, 176253, 178915, 178129, 177407, 180511, 180421, 179467, 179485, 179038, 179904, 180432. This link is valid until  9/26/2023.

See other Aspen real estate market weekly blog postings, the monthly 10-page market snapshots (May 2023 & YTD and bi-annual 32-pg market reports). The print version 2022 Year in Review H2 & YR 2022 is available in brochure racks outdoors at Sotheby’s at 300 S Spring St #100 and Sotheby’s at 415 E. Hyman Ave, racks around town and at the airport.  It can be downloaded as an online version in the Reports Section.

Sold Properties Last Week.

MLS # 180748 – Mother Lode Aspen, Central Core, 314 E Hyman Avenue, Aspen, CO; Sold Price: $47,910,078/$5,462 sq ft; partial furnished. Sold Date: 08/15/2023. More details below photos.

MLS # 180748 – Mother Lode Penthouse, Central Downtown Core, 314 E Hyman Avenue, Aspen, CO; Sold Price: $47.9M/$5,462 sq ft; partial furnished. Sold Date: 08/15/2023. Ask Price: $47,910,078 (This property was sold off market. It is believed this purchase is related to a seller’s sale on the same day 8/14/23 of East Aspen Independence Pass Area 45101 Hwy 82 Sells Off Market at $63.75M/$4,250 SF Furn …Some might imply there’s a lot of ‘one-person horse-trade’in going on according to the WSJ. And see the prior Mother Lode 9/30/21 sale and the 5/26/22 sale of 1011 Ute Ave for $60M – Yes, musical chairs it would appear and not too much required to connect the dots. Some of these properties are again for sale again, NOW. Please contact me at 970-309-6163. Regarding this specific sale: This is a 2008 built and 2019 remodeled, 6 bedroom/9 bath/1 half-bath, 8,771 sq ft fabulouse penthouse condo with a 2 car garage. Tim’s comments: During Aspen’s silver mining era, finding a valuable silver vein was called “hitting the mother lode”. This property, an 8,771 sq ft legacy property with 2,585 sq ft of private decks in Aspen’s downtown, offers luxury and an exceptional location, including an entertainment ready rooftop deck. The penthouse is located adjacent to the old Crystal Palace building in the center of town with drop dead unobstructed views of Aspen Mountain looking through Wagner Park. As the property is divided into The Penthouse – top, The Suites – middle, and The Club – lowest level, it provides flexible living experiences. 2022 Taxes: $66,443; HOA Dues: $55,388. Under Contract Date: 07/05/2023; Sold Date: 08/15/2023. (Photos courtesy of Coldwell Banker Mason Morse)

MLS # 177724 – West End, 900 W North Street, Aspen, CO; Sold Price: $17.5M/$2,958 sq ft; furnished. Sold Date: 08/25/2023. More details below photos.

MLS # 177724 – West End, 900 W North Street, Aspen, CO; Sold Price: $17.5M/$2,958 sq ft; furnished. Sold Date: 08/25/2023. Ask Price: $18.9M (Original Price: $14.5M and on/off the market since 01/28/20. See recent news article on this sale. and another article from Nov 2009 regarding this “spec” built home at the beginning of the Great Recession.) This is a 2008 built, 5 bedroom/5 bath/2 half-bath, 5,915 sq ft duplex with 2 car garage. Tim’s comments: Located in Aspen’s West End, near the Aspen Institute campus, this spacious residence offers year-round comfort and entertainment space. Designed for indoor/outdoor living, the main level seamlessly connects to the outdoors. The elegant Euro-style design blends beauty with functionality. The entry level features formal living and dining, while the kitchen with custom finishes adjoins a heated terrace. Upstairs, the primary suite includes an office and private hot tub deck. Four bedrooms with en-suite baths provide luxury. The lower level lounge features a media room, game area, and wine cellar. A layout designed for relaxation and utility, close to The Aspen Instutitute, the Aspen Music Festical, The Aspen Meadows facilities for guests, with pool, tennis courts, and hiking trails . 2022 Taxes: $30,311. Under Contract Date: 03/28/2023; Sold Date: 08/25/2023. (Photos courtesy of Coldwell Banker Mason Morse)

MLS # 178511 – Scott Building, West End, 400 W Hopkins 4/8, Aspen, CO; Sold Price: $15.25M/$3,339 sq ft; furnished. Sold Date: 08/22/2023. More details below photos.

MLS # 178511 – Scott Building, West End, 400 W Hopkins 4/8, Aspen, CO; Sold Price: $15.25M/$3,339 sq ft; furnished. Sold Date: 08/22/2023. Ask Price: $15.25M (Original Price: $15.25M and on the market since 03/13/2023). This is a 1973 built and 2016 remodeled, 4 bedroom/4 bath/1 half-bath, 4,567 sq ft condo with 2 car garage. Tim’s comments: This contemporary penthouse, four easy walkable, flat blocks west of downtown, offers mountain views from all sides. Floor-to-ceiling glass, skylights, and high ceilings emphasize the open floor plan, connecting living areas, dining room, and chef’s kitchen. Think volume and space. Terraces provide panoramic views. The primary suite, facing Aspen Mountain, is private with a home office. Three en-suite bedrooms. Recently remodeled, it captures the Aspen lifestyle – luxury, top floor location, near amenities, with a quiet corner setting. Access skiing, trails, and cycling from this spot:  it is  located in the south west corner of the West End on the Hopkins Ave pedestrian and bikeway in the summer, considered the ‘gateway’ for all things human-powered to the Marolt Open Space, Castle and Maroon Creeks bike travel. Features a two-car garage and outdoor parking. 2022 Taxes: $24,314; HOA Dues: $33,052. Under Contract Date: 03/21/2023; Sold Date: 08/22/2023. (Photos courtesy of Coldwell Banker Mason Morse)

MLS # 174142 – West End, 633 W Francis Street, Aspen, CO; Sold Price: $13M/$2,440 sq ft; partial furnished. Sold Date: 08/21/2023. More details below photos.

MLS # 174142 – West End, 633 W Francis Street, Aspen, CO; Sold Price: $13M/$2,440 sq ft; partial furnished. Sold Date: 08/21/2023. Ask Price: $14.9M (Original Price: $11.399M and on the market since 12/21/17). This is a 1999 built and 2015 remodeled, 5 bedroom/5 bath/1 half-bath, 5,327 sq ft single-family home on a 6,018 sq ft lot, or 0.14 acres. Tim’s comments: Well-maintained five-bedroom home in Aspen’s West End on a corner lot that feels larger than its actual size due to City of Aspen required street set-backs. Primary bedroom is on entry level, a second bedroom can be (is) a separate apartment as the home is a legal duplex, yet the property lives like a single family home. Options are nice! Upper level has two guest bedrooms, kitchen, great room, and terrace. Lower level includes flex space and fifth bedroom. Abundant light and high ceilings. A glass, see-through elevator serves all levels. 2021 Taxes: $23,492. Under Contract Date: 07/25/2023; Sold Date: 08/21/2023. (Photos courtesy of Compass)

MLS # 176226 – Starwood, McLain Flats, 574 Johnson Drive, Aspen, CO; Sold Price: $6.995M/$1,101 sq ft; unfurnished. Sold Date: 08/23/2023. More details below photos.

MLS # 176226 – Starwood, McLain Flats, 574 Johnson Drive, Aspen, CO; Sold Price: $6.995M/$1,101 sq ft; unfurnished. Sold Date: 08/23/2023. Ask Price: $6.995M (Original Price: $9.995M and on the market since 07/28/2022). This is a 1981 built, 4 bedroom/4 bath/1 half-bath, 6,350 sq ft single-family home with 3 car garage on a 166,835 sq ft lot, or 3.83 acres.  Tim’s comments: This property offers stunning high mountain views from Aspen Mountain to Mt Sopris. It is a 4-bedroom, 4.5-bath contemporary home designed by Bill Poss featuring an infamous 1980’s style , ‘sexy’ indoor pool and tremenodous indoor/outdoor spaces for entertaining. It has a great room, gourmet kitchen, library, and master bedroom with deck. The property includes an additional 1-bedroom studio and access to Starwood’s equestrian trails, tennis courts and beautiful hiking opportunities. The Starwood subdivision is Aspen’s only full-time gated community offering acres of equestrian and cross-country ski trails, tennis courts, pasture for horses, on-site management, 24-hour security, and its very own fire station and post office. It is 10-15 minutes  to the ski slopes of either Aspen or Snowmass Mountain and to downtown Aspen. Remodel drawings by architect are available. 2022 Taxes: $15,349; HOA Dues: $336. Under Contract Date: 07/24/2023; Sold Date: 08/23/2023. (Photos courtesy of Aspen Snowmass Sotheby’s International Realty)

MLS # 179470 – Villas of Aspen, West End,  100 N 8th Street #11, Aspen, CO; Sold Price: $3,895,000/$1,926 sq ft; furnished. Sold Date: 08/21/2023. More details below photos.

MLS # 179470 – Villas of Aspen, West End,  100 N 8th Street #11, Aspen, CO; Sold Price: $3,895,000/$1,926 sq ft; furnished. Sold Date: 08/21/2023. Ask Price: $3,895M (Original Price: $4.25M and on the market since 05/31/2023). This is a 1972 built and 2022 remodeled, 4 bedroom/3 bath/1 half-bath, 2,022 sq ft town home. Tim’s comments: This four-bedroom corner townhouse in Aspen’s West End features a contemporary remodel, open-concept living, gourmet kitchen, and convenient location near Aspen’s attractions. The master bedroom offers stunning views and the lower level includes a family room and deck with mountain views. Desirable amenities include covered entry, bike storage, and abundant natural light. 2022 Taxes: $6,908; HOA Dues: $ 13,820. Under Contract Date: 06/22/2023. Sold Date: 08/21/2023. (Photos courtesy of Aspen Snowmass Sotheby’s International Realty )

MLS # 179662 – Centennial Park, Central Core, 830 E Hopkins Avenue 101, Aspen, CO; Sold Price: $2.75M/$2,922 sq ft; partial furnished. Sold Date: 08/21/2023. More details below photos.

MLS # 179662 – Centennial Park, Central Core, 830 E Hopkins Avenue 101, Aspen, CO; Sold Price: $2.75M/$2,922 sq ft; partial furnished. Sold Date: 08/21/2023. Ask Price: $2,899M (Original Price: $2.895M and on the market since 06/12/23). This is a 1976 built and 2022 remodeled, 2 bedroom/2 bath, 941 sq ft condo. Tim’s comments: This south-facing ground floor condo – just off the center of town and an excellent, quiet location –  has two bedrooms and baths and was recently remodeled. Since the remodel, it has not been lived in. Open layout, large windows for natural light. Impressive kitchen with farmhouse sink, Bertazzoni stove, and high-end appliances. Serene with nearby Roaring Fork River sounds. Easy, relaxed walk to the Rio Grande Trail and park, dining and shops. Offers extra storage and assigned parking.. 2022 Taxes: $3,445; HOA Dues: $12,240. Under Contract Date: 07/17/2023; Sold Date: 08/21/2023. (Photos courtesy of Aspen Snowmass Sotheby’s International Realty)

MLS # 178110 – Brush Creek Village, 54 Red Tail Lane, Aspen, CO; Vacant land / lot for sale,  Sold Price: $1,365,000. Sold Date: 08/24/2023. More details below photos.

MLS # 178110 – Brush Creek Village, 54 Red Tail Lane, Aspen, CO; Vacant land /lot for sale; Sold Price: $1,365,000. Sold Date: 08/24/2023. Ask Price: $1,695,000. (Original Price: $2,495,000 and on the market since 02/01/2023). Tim’s comments: 54 Red Tail Lane, located in the Aspen School district, is one of the last entitled lots. Close to Snowmass and Aspen, this 2.11 acre property offers great access for various activities. It features stunning views of Aspen Mountain and Aspen Highlands Peak. The property has approvals and plans for a 4,472 sq ft home, with the option to build up to 5,750 sq ft. 2022 taxes: $10,890; HOA Dues: $50. Under Contract Date: 07/25/2023; Sold Date: 08/24/2023. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty)

MLS # 179980 – Terrace House Condos, 65 Campground Lane 85, Snowmass Village, CO; Sold Price: $1.475M/$1,743 sq ft; furnished. Sold Date: 08/25/2023. More details below photos.

MLS # 179980 – Terrace House, Terrace House, 65 Campground Lane 85, Snowmass Village, CO; Sold Price: $1.475M/$1,743 sq ft; furnished. Sold Date: 08/25/2023. Ask Price: $1.395M (Original Price: $1.395M and on the market since 06/28/2023). This is a 1972 built, 2 bedroom/2 bath, 846 sq ft condo. Tim’s comments: Premier-rated 2-bedroom top floor with easy ski access. Remodeled with open kitchen, granite countertops, wood cabinetry, and stainless-steel appliances. Features gas fireplace, Aspen Wood accent wall, and refreshed lighting. Vaulted ceilings, Washer & Dryer, storage attic, and ski locker. On-site hot tub, Stonebridge pool access. Centrally located for outdoor activities. (See condo location map and Snowmass Village condominiums map.) 2022 Taxes: $2,323; HOA Dues: $11,108. Under Contract Date: 07/06/2023; Sold Date: 08/25/2023. (Photos courtesy of Aspen Snowmass Sotheby’s International Realty)

MLS # 179758 – Timberline, Snowmass Village, 690 Carriage Way A2C, Snowmass Village, CO; Sold Price: $850,000/$1,235 sq ft; furnished. Sold Date: 08/21/2023. More details below photos.

MLS # 179758 – Timberline Condos, Snowmass Village, 690 Carriage Way A2C, Snowmass Village, CO; Sold Price: $850,000/$1,235 sq ft; furnished. Sold Date: 08/21/2023. Ask Price: $899,000 (Original Price: $899,000 and on the market since 06/15/2023). This is a 1972 built and 2022 remodeled, 1 bedroom/1 bath, 688 sq ft condo with common car garage. Tim’s comments: Remodeled 2nd floor condo near Snowmass ski slopes. Views down valley. Convenient slope-side location. Onsite staff and management. Onsite dining and shuttle service. Timberline amenities include pool, hot tub, steam, fitness rooms, and deck with firepit. 2022 Taxes: $1,326; HOA Dues: $12,300. Under Contract Date: 07/06/2023; Sold Date: 08/21/2023. (Photos courtesy of Aspen Snowmass Sotheby’s International Realty)

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