July 22 – 29, 2018 Estin Report: Last Week’s Aspen CO Homes for Sale and Snowmass Real Estate Sales & Stats: Closed (7) + Under Contract / Pending (11)
Just released Bi-Annual – Estin Report: Aspen Snowmass Real Estate 2018 YTD and 2017 YR
June 2018 Aspen Real Estate Market Snapshot Reports – the Estin Report June 2018 Monthly Snapshot was released Tues 7/12/18 in the Current Reports Section. These detailed statistical market snapshots are usually released on or about the 1st Monday of the month.
Blog Post: July 22 – 29, 2018 Aspen CO real estate market activity, Week 30
Weekly Aspen and Snowmass CO real estate sales activity appears below for sold and under contracts properties in the upper Roaring Fork Valley over $250,000 – for Aspen, Snowmass Village, Brush Cr Village, Woody Creek and Old Snowmass. Fractional sales are not included. Photos and written descriptions of sold properties are posted here as the MLS links below expire after 30 days. For earlier dates, see the Estin Report blog archives starting in 2008 at the bottom of the page. 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 (7): MLS#s: 146910, 149333, 150339, 150910, 152645, 154393, 155329. This link is valid until 8/28/2018.
Under Contract/Pending (11): MLS#s: 151197, 151257, 128352, 148928, 152264, 153858, 154383, 154636, 154645, 154853, 155197. This link is valid until 8/28/2018.
Woody Creek Ranch Auction Scheduled for Mon Aug 6, 18: Photos
This is a very cool property in Woody Creek going to auction with 244 acres and ‘Hobbitt’ like structures and homes. Auction is next Monday, Aug 6th. $10M minimum bid. Original price: $59.9M. Photos for Circle R Ranch can be found here.
Brief Circle R Ranch Description:
After languishing on the market for 1,200 days and seeing the sales price cut in half, Circle R Ranch in Woody Creek is going to auction this week. The sprawling 244-acre property off Woody Creek Road has six homes and was developed by brothers Sam and Charles Wyly in the early 2000s. It went on the market in 2015 shortly after Sam Wyly filed for bankruptcy. It’s beeing sold now by the US Government as part of an SEC settlement. It was originally listed at $59.9 million and then in May of 2017, the price dropped to $29.9 million. Now, it will go to the highest bidder through global auction firm, Concierge Auctions. Bidding, which starts at $10 million, will be open now through Aug. 6, and will take place via the firm’s online marketplace. If interested, let me walk/talk you through the property. Or if any friends or business associates may be interested, please forward this. Contact me Tim Estin to get started at 970.309.6163 or email.
AUCTION. BIDDING OPENS AUGUST 3RD. BIDDING ENDS AUGUST 6TH. PREVIOUSLY $59.9M. SELLING AT OR ABOVE $10M. SHOWINGS DAILY 1-4PM & BY APPT. Enjoy all the beauty and majesty that Colorado has to offer at Circle R Ranch, a 244-acre property located in central Colorado in the Woody Creek valley. This recreational wonderland is surrounded by unspoiled natural beauty and privacy, and within easy distance to the renowned resort city of Aspen. The property includes 10 homesites, including six separate single-family homes – each with their own mountain contemporary design that provides a taste of the western experience with the benefit of modern conveniences. The homes offer a combined 22 bedrooms, 18 full baths, and five half baths.
The additional structures on the property are a mix of historic cabins, storage facilities, agricultural buildings and barns, which provide the infrastructure to develop your dream compound. Circle R Ranch combines the beauty and charm of the Old West with the convenience of modern utilities and infrastructure including fiber optics, water rights, and an on-site fire suppression system. With room to roam, this spacious ranch would be the ideal home for a large family compound or retreat for businesses.
Sold Properties Last Week:
MLS #155329 – Hallam Addition, Historic West End Aspen, 701 N 3rd Street, Aspen, CO: Sold Price: $9,250,000/$2,495 sq ft; partial-furnished. More details below photo.
MLS #155329 – Hallam Addition, Historic West End Aspen, 701 N 3rd Street, Aspen, CO: Sold Price: $9,250,000/$2,495 sq ft; partial-furnished. Aspen homes for sale. Ask Price: $9,250,000. (Original Price: $9,250,000 and 66 days on the market since 05/15/2018.) This is a 1891 built and 2018 exquisitely remodeled, 3 bedroom/3 bath/1 bath, 3,707 sq ft home with 1 car garage on a 5,000 sq ft lot. (Tim’s notes: The property had previously been on the market from 4/22/15 to 12/28/16 for 614 days on market initially at $4.75 then reduced to $4.25M. The listing was then withdrawn and the owner/developer decided to complete the historic renovation and additions. An additional 1,536 sq ft was added in 2017/2018 from the original 2,171 sq ft and an additional 1.5 baths were added. An unsolicited off-market offer was made in June 2018 leading to this sale.) Broker comments at the time of the active listing in 2015/2016 are “This classic Aspen property has excellent southern exposure and intimate outdoor privacy. Situated on a beautiful corner lot, surrounded by mature lilac and aspen trees, this home has been refreshed and meticulously cared for. The home’s location offers the convenience of walking proximity to town, the music tent, and all that Aspen has to offer…This 2,171 sq ft residence includes an over-sized one car garage, additional off-street parking and additional storage. Price includes vested Historic Preservation Commission approvals and plans to add above grade square footage.” 2018 taxes: $13,008. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 06/13/2018; Sold Date: 07/20/2018. (Photos and broker comments courtesy of Whipple & Brewster Real Estate)
MLS #150339 – White Star Ranch, McLain Flats, 125 Byers Court, Aspen, CO: Sold Price: $7,400,000/$1,435 sq ft; furnished. More details below photos.
MLS #150339 – White Star Ranch, McLain Flats, 125 Byers Court, Aspen, CO: Sold Price: $7,400,000/$1,435 sq ft; furnished. Aspen homes for sale. Ask Price: $7,950,000. (Original Price: $8,500,000 and 350 days on the market since 08/07/2017.) This is a 2017 built, 4 bedroom/4 bath/1 bath, 5,156 sq ft home with 3 car garage on a 2.04 acres lot. Broker comments are “Exceeding your expectations from the moment you arrive, leave the chaos of the real world behind you at this recently completed estate. You will at once feel how the home and site are tied to nature. The incredible mountain views, a back yard with 600 acres of open space filled with wildlife and this custom home where every detail has been meticulously planned to seamlessly integrate the outdoors. Step through the oversized glass front door that allows views straight through the house to the meadow beyond. Once inside, the concept continues with floor to ceiling glass windows that frame bucolic and pastoral scenes as if every window is a painting. The great room has soaring wood ceilings, rock walls and an oversized stone fireplace. The gourmet open kitchen opens up with large stacking glass doors to the outdoor covered living room and stone patio. The wood burning fireplace and overhead heaters allow year round enjoyment The media/bunk room sleeps 11 for large family gatherings. Step out your door to hike, bike, snowshoe, snowmobile, cross county ski and horseback ride, no need to get in the car. A feeling of serenity refinement and luxury envelopes you in this peaceful setting.” 2017 taxes: $15,406; HOA Dues: $8,000 per Yr. Under Contract Date: 06/22/2018; Sold Date: 07/23/2018. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)
MLS #154393 – Pitkin Mesa, West Aspen, 1065 Cemetery Lane Unit B, Aspen, CO: Sold Price: $2,800,000/$1,001 sq ft; unfurnished. More details below photos.
MLS #154393 – Pitkin Mesa, West Aspen, 1065 Cemetery Lane Unit B, Aspen, CO: Sold Price: $2,800,000/$1,001 sq ft; unfurnished. Aspen duplex/half-duplex for sale. Ask Price: $3,000,000. (Original Price: $3,000,000 and 50 days on the market since 05/24/2018.) This is a 2007 remodeled, 4 bedroom/3 bath/2 bath, 2,795 sq ft home with 2 car garage on a 8,425 sq ft lot. Broker comments are “Sunny and inviting, a great home with a large deck to soak in the big views of Aspen Mountain. Open living creates a home filled with lots of light. Completely re-built in 2007, this four bedroom home is perfect for family and friends. The open kitchen is ready for cooking and entertaining with top of the line appliances including a Wolf range and Sub Zero refrigerator/freezer. The oversized two car garage is perfect for holding all of your toys. Close to schools, downtown Aspen (a nice walk) as well as steps to the bike path, hiking, Roaring Fork River, golf, cross-country skiing, bus stop and more. A great neighborhood with a welcoming feel.” 2018 taxes: $5,819. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 06/22/2018; Sold Date: 07/23/2018. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-Aspen)
MLS #152645 – Christiana Aspen, West End, 507 W Main Street C201, Aspen, CO: Sold Price: $2,300,000/$1,484 sq ft; furnished. More details below photos.
MLS #152645 – Christiana Aspen, West End, 507 W Main Street C201, Aspen, CO: Sold Price: $2,300,000/$1,484 sq ft; furnished. Aspen condos for sale. Ask Price: $2,350,000. (Original Price: $2,495,000 and 179 days on the market since 01/25/2018.) This is a 2007 built, 3 bedroom/3 bath, 1,549 sq ft condo. Broker comments are “Enjoy luxury living and the benefits of newer construction in this top-floor, single-level property. Highlights include vaulted ceilings, central A/C, hardwood floors, gas fireplace, stainless appliances, jacuzzi tubs, easy parking and an additional storage space. Gracious living room with a private deck and views of Shadow Mountain. There is a second deck off the master suite. The Christiana is perfectly situated off the West Hopkins pedestrian path – an easy stroll into town, yet just far enough away from the hustle and bustle. The central courtyard of the complex has a lovely a seasonal stream and waterfall, pool and hot tub. Beautifully furnished and a delight to show.” 2017 taxes: $5,193; HOA Dues: $1,208 per Month. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 06/13/2018; Sold Date: 07/23/2018. (Photos and broker comments courtesy of Berkshire Hathaway HomeServices | Aspen Snowmass Properties)
MLS #150910 – Wildridge, 838 Sinclair Road, Snowmass Village, CO: Sold Price: $1,350,000/$479 sq ft; furnished. More details below photos.
MLS #150910 – Wildridge, 838 Sinclair Road, Snowmass Village, CO: Sold Price: $1,350,000/$479 sq ft; furnished. Snowmass Village homes for sale. Ask Price: $1,595,000. (Original Price: $1,795,000 and 309 days on the market since 09/17/2017.) This is a 1974 built and 1985 remodeled, 5 bedrooom/3 bath/1 loft, 2,818 sq ft home with 2 car garage on a 17,477 sq ft lot. Broker comments are “A sweet, charming family home in the Aspen School District overlooking the Horse Ranch meadowlands & the Cont’l Divide beyond. This 2-story house is designed w/ great room and master suite all on the main entry level, and w/ the other guest bdrms on the level below. Features include wood floors, vaulted beamed ceilings, huge picture windows, and a woodburning fireplace. There is a sunny deck perfect for morning coffee accessed from the living room and master, and another patio off the kitchen for lunch/dinner dining. All guest bedrooms open out to a long terrace that extends out onto a yard, ideal for children’s play, and on out to a platform deck looking over the views. In addition, attached to a spacious 2-car garage, there is a caretaker apt w/ pvt entry and patio which has its own kitchen, bath, sleeping loft. This site, which backs up to open space, is so well landscaped along its lot lines, it’s extremely private. All interiors of home completely repainted. The apartment offers opportunities for a live-in nanny or housekeeper or, some extra income, if it’s rented to a local resident. House can be shown anytime, but caretaker apartment is occupied and tenant requires 24-hr notice.” 2017 taxes: $3,722; HOA Dues: $90 per Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 07/14/2018; Sold Date: 07/23/2018. (Photos and broker comments courtesy of Berkshire Hathaway HomeServices | Aspen Snowmass Properties)
MLS #146910 – Capitol Peak Condominiums, 60 Carriage Way 3126, Snowmass Village, CO: Sold Price: $1,218,000/$944 sq ft; furnished. More details below photos.
MLS #146910 – Capitol Peak Condos, 60 Carriage Way 3126, Snowmass Village, CO: Sold Price: $1,218,000/$944 sq ft; furnished. Snowmass Village condos for sale. Ask Price: $1,295,000. (Original Price: $1,295,000 and 594 days on the market since 12/06/2016.) This is a 2008 built, 3 bedrooom/2 bath, 1,290 sq ft condo. Broker comments are “Ski-in/ski out to Snowmass’ Base Village. This is one of the most conveniently located 3 bedroom Capitol Peak residences. Enjoy panoramic valley views from your living room window. With underground parking, private ski storage, views and easy walking distance to shops and restaurants in Base Village, this residence is the perfect home away from home. Should you wish to rent your condominium when not using it, there is an exceptional rental program to do so. This is the most convenient and luxurious living at the base of the slopes in Snowmass Village.” 2017 taxes: $7,310; HOA Dues: per Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 06/13/2018; Sold Date: 07/23/2018. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Snowmass Village)
MLS #149333 – Little Elk Creek, 45 Little Elk Creek Avenue, Snowmass, CO. Vacant land. Sold Price: $300,000. More details below photos.
MLS #149333 – Little Elk Creek, 45 Little Elk Creek Avenue, Snowmass, CO. Vacant land. Sold Price: $300,000. Old Snowmass lots for sale. Ask Price: $350,000. (Original Price: $395,000 and 417 days on the market since 06/01/2017.) This is a 1.04 acres single family vacant lot. Broker comments are “Enjoys stunning views of the Elk Moutain Range, with all day sun in the charming Little Elk creek neighborhood! Conveniently located within a short drive to Aspen, Basalt & Snowmass Village. Don’t miss out on one of the most affordable buildable lots” 2017 taxes: $6,541; HOA Dues: $765 per Qtr. Under Contract Date: 05/22/2018; Sold Date: 07/23/2018. (Photos and broker comments courtesy of Douglas Elliman Real Estate-Hyman Ave)