Tim Estin MBA, GRI

Aspen CO Real Estate Broker
Call Tim:(970) 309-6163

Use this site as an Aspen real estate resource. The Estin Report has been accumulating Aspen real estate information online since 2005, and the reports include historical market information dating back to 2003-2004. Search by MLS #, date, topic, address, condo complex, development name, etc. If it is Aspen Snowmass real estate related, it is likely to be here.

USFS Looking to Sell Five West End Aspen Lots, ADN

ASPEN REAL ESTATE - The five lots the U.S. Forest Service is looking to carve out of its Aspen West End property and sell via an online auction could each fetch between $2 and $2.5 million, according to a local real estate expert, and accommodate at least a 3,200-square-foot house... Aspen real estate broker Tim Estin [with Coldwell Banker Mason Morse] said that there have been two land sales in the West End this year, and two additional lots are under contract.A 7,500-square-foot corner lot at 501 W. Hallam closed for $2 million in January, Estin said, while another 6,000-square-foot lot closed for $4 million in April. There is an active listing for a 6,000-square-foot lot near the Forest Service’s land that has been on the market for 832 days, Estin said. The original list price of $2.68 million has been lowered to $2.48 million, he said. Based on that and other asking prices for West End lots, Estin estimated the parcels could each go for $2 to $2.5 million, although he said the Forest Service’s motivations and timeline will have a lot to do with the final sale price. Estin also suggested that the Forest Service might be wise to not put all five lots to auction at once. “Five lots would be flooding the system a bit,” he said. Snelson said the agency has taken that concern into account, and is evaluating all strategic options. By Curtis Wackerle, Sept. 12, 2012 ADN The USFS property in Aspen, bordered by Hallam and 7th St on the bottom, is slated for redevelopment. Five lots in the upper right are to be sold to fund a project that includes a new admin. bldg. and visitor center, at lower left, and other facilities. Courtesy AT and U.S. Forest Service Read More

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