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.

Aspen 1987 Built Home on Shady Lane on 2.5 Riverfront Acres Sells for $27M

August 27 - Sept 3, 2017 Estin Report: Last Week's Aspen Snowmass Real Estate Sales & Stats: Closed (20) + Under Contract / Pending (10)
The Estin Report: July 2017 Aspen Real Estate Monthly Snapshot was posted in Current Reports. The Snapshots are usually posted on or near the 1st Monday of the month. 
Excerpt from July 2017 Snapshot:
"The Aspen market continues to be in hyper-sales territory. Activity is and feels super-charged. Add to that, early August is the time when buyers get real estate focused with summer's ending in sight. This is the busiest time of year. We should see a steady stream of offers and under contracts now through the end of September. The Aspen market is bifurcated: there's inside the roundabout and there's outside. Aspen’s most coveted neighborhoods..." Read more 
The Estin Report: Mid-Year 2017 State of Aspen Real Estate was released in the summer 2017 in Current Reports. The 32-Page report is available on-line as PDF and in a print edition in kiosks at the airport, the info booth across from Paradise Bakery town and at Sothebys offices at 415 E Hyman in the Mall and 300 S Spring opposite the Art Museum.
"Flip Job" Examples: See recent Before/After Redevelopment in the Flip Jobs Section near the bottom of the Menu Bar on the left. These are properties that have been recently or are currently in the process of redevelopment for re-sale. This post is updated (07/4/17) as additional re-sale properties come on the market at significantly higher prices.
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Market Activity Week 36, August 27 - Sept 3, 2017
Aspen Snowmass real estate weekly sales and under contract activity appears below for all Aspen, Snowmass Village, Brush Cr Village, Woody Creek and Old Snowmass properties over $250,000 excluding fractionals in the upper Roaring Fork Valley. As the MLS links below expire after 30 days, photos and written descriptions of select closed properties (those with excellent photography) are posted here to preserve an archive of sold market activity.  Scroll down the page for home photos and details of weekly sales and under contract / pending Aspen properties in the past 4 weeks. For earlier dates, use the down arrow to quickly find blog archives by year and date to 2008. Or use SearchEstinAspen in the menu bar to search by topic, address, subdivision, complex, date, etc.  If it's about Aspen real estate, the information should be here.
Closed (20):  MLS#s142156, 126246, 136543, 138447, 138471, 144288, 144574, 147620, 147742, 147983, 148015, 149019, 149181, 149419, 149613, 149799, 149869, 150009, 150229, 150649. This link is valid until 10/3/2017.

Under Contract/Pending (10): MLS#s 141923, 133332, 144369, 144531, 147324, 148280, 148995, 149485, 150108, 150402. This link is valid until 10/32017.

Aspen Snowmass Solds Last Week:  
MLS #149419 - Central Core, 205 Shady Lane, Aspen, CO. Sold Price: $27,000,000/$4,144 sq ft; unfurnished. More details below photos.
        
MLS #149419 - Central Core, 205 Shady Lane, Aspen, CO. Sold Price: $27,000,000/$4,144 sq ft; unfurnished. Aspen single family home for sale. Ask Price: $27,500,000. (Original Price: $27,500,000 and 85 days on the market since 06/05/2017.) This is a 1987 built, 5 bedroom/5 bath/1 half-bath, 6,515 sq ft single family home with 4+ car garage on a 2.57 acres lot. Broker comments are "A true legacy property in the heart of Aspen. This property has it all: river frontage, flat usable acreage, short walk to Aspen, south facing views of Aspen Mountain, on the Rio Grande Trail, located in Pitkin County (no transfer tax and larger residences allowed) and no steep hills to drive in the winter. Create the ultimate family compound on this 2+ acre river front property just a short walk from Aspen’s downtown core. Located at the end of Shady Lane at the base of Red Mountain, this Victorian style, 5 bed / 5.5 bath, 6,515 SF home has enormous potential for the most discerning buyer." 2016 taxes: $31,413. Under Contract Date: 06/30/2017; Sold Date: 08/29/2017. (Photos and broker comments courtesy of Aspen Associates Realty) Read More

219 N. Monarch in Aspen’s West End Land Planner Analysis

Link to report This planner’s report is a useful reference for the redevelopment potential of a non-historic, older ‘tear-down’ home in Aspen’s Historic West End. This 9,000 sq ft lot can be redeveloped as a 5,750 sq ft home with discounted sub-grade and garage sq footage with the ability… Read More

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