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Aspen Real Estate Market  Last Week’s Sales: Jun 26 – Jul 3, 22 – Week 26

Closed (11): MLS#s: 173909, 165518, 174233, 168542, 174311, 175765, 174820, 175249, 171336, 173734, 174922. This link is valid until 8/02/2022

Under Contract/Pending (5): MLS#s: 174266, 174616, 175603, 175682, 175681. This link is valid until 8/02/2022. 

Sold Properties Last Week:

MLS # 173909 – Starwood, McLain Flats, 1000 S Starwood Drive, Aspen, CO; Sold Price: $48,000,000/$2,532 sq ft; unfurnished. Sold Date: 06/24/2022. More details below photos.

MLS # 173909 – Starwood, McLain Flats, 1000 S Starwood Drive, Aspen, CO; Sold Price: $48,000,000/$2,532 sq ft; unfurnished. Sold Date: 06/24/2022. Ask Price: $53,000,000. (Original Price: $53,000,000 and on the market since 03/04/2022.) This is a 2020 built, 9 bedroom/12 bath/3 half-bath, 18,951 sq ft single family home with 4+ car garage on a 105,415 sq ft lot or 2.42 acre. Tim’s comments: New, beautiful and huge Starwood estate. with extraordinary big mountain views as one would expect in Starwood, Aspen’s only gated community with 24 hr security. Singer John Denver lived and recorded there and made the area famous in his mega-hit, “Starwood in Aspen”.  Saudi Prince Bandar built his 55,000 sq ft Aspen ski chalet in Starwood in the 1990’s triggering a wave of home size zoning restrictions that continue to this day. 2021 taxes: $87,122; HOA Dues: $1,905. Under Contract Date: 04/27/2022; Sold Date: 06/24/2022. (Photos and broker comments courtesy of Coldwell Banker Mason Morse)

MLS # 165518 – Pitkin Green, Red Mountain, 1099 Willoughby Way, Aspen, CO; Sold Price: $37,581,909/$3,947 sq ft. Sold Date: 06/30/2022. More details below photos.

MLS # 165518 – Pitkin Green, Red Mountain, 1099 Willoughby Way, Aspen, CO; Sold Price: $37,581,909/$3,947 sq ft. Sold Date: 06/30/2022. Ask Price: $42,500,000. (Original Price: $37,500,000 and on the market since 07/23/2020.) This is a 2022 built, 7 bedroom/7 bath/3 half-bath, 9,521 sq ft single family home with 2 car garage on a 51,401 sq ft lot, or 1.12 acre. Tim’s comments:  This new built home is at the end of one of Aspen’s most prized streets, Willoughby Way. High end luxury living through-out without compromise. The sold price does not reflect present pricing realty as the property went under contract almost a year ago. If it had gone under contract within the past 30 days, the selling price would have been considerably higher. 2020 taxes: $33,138; HOA Dues: $6,000. Under Contract Date: 08/04/2021; Sold Date: 06/30/2022. (Photos and broker comments courtesy of Coldwell Banker Mason Morse)

MLS # 174233 – Red Butte Subd, West Aspen, 1205 Red Butte Drive, Aspen, CO; Sold Price: $8,125,000/$1,747 sq ft; partial furnished. Sold Date: 06/30/2022. More details below photos.

MLS # 174233 – Red Butte Subd, West Aspen, 1205 Red Butte Drive, Aspen, CO; Sold Price: $8,125,000/$1,747 sq ft; partial furnished. Sold Date: 06/30/2022. Ask Price: $8,500,000. (Original Price: $9,500,000 and on the market since 03/29/2022.) This is a 1971 built and 1999 remodeled, 5 bedroom/5 bath/1 half-bath, 4,649 sq ft single family home with 3 car garage on a 47,044 sq ft lot, or 1.08 acre. Tim’s comments: Older home in the much  sought after Red Butte neighborhood favored for large single family home lots of at least 1 acre, river front homes, kid-friendly and a quiet street and proximity to the bus shuttle into town and to the Rio Grande Trail for walking or biking into town or down valley. In Red Butte, it matters greatly which side of the street a property is on: It’s either on the river or across the street off the river. Lot value on the river is $10M or more; off the river is much less expensive. 2021 taxes: $12,552. Under Contract Date: 04/15/2022; Sold Date: 06/30/2022. (Photos and broker comments courtesy of Coldwell Banker Mason Morse)

MLS # 168542 – West Aspen, 727 Cemetery Lane, Aspen, CO; Sold Price: $7,495,000/$1,809 sq ft; unfurnished. Sold Date: 06/30/2022. More details below photos.

MLS # 168542 – West Aspen, 727 Cemetery Lane, Aspen, CO; Sold Price: $7,495,000/$1,809 sq ft; unfurnished. Sold Date: 06/30/2022. Ask Price: $7,495,000. (Original Price: $7,495,000 and on the market since 02/10/2021.) This is a 2021 built, 4 bedroom/5 bath/1 half-bath, 4,142 sq ft single family home with 2 car garage on a 19,852 sq ft lot, or 0.5 acre. Tim’s comments: This is one of (4) half-duplexes built on a unique 1-acre parcel on Cemetery Lane. New contemporary build under $2,000 sq ft is history now, but this development represents novel and higher pricing territory for this very residential, suburban-like area. It’s where Aspen’s professional class used to live through the early 2000’s until they were priced out and many have since moved mid-valley. Cemetery lane offers continuous bus shuttle into and out of town, a terrific flat walking/biking network of trails accessing the Rio Grande Trail and trails along the Aspen Golf Club (public – City owned). It’s a great kid-friendly neighborhood.  2020 taxes: $5,500. Under Contract Date: 05/24/2021; Sold Date: 06/30/2022. (Photos and broker comments courtesy of Aspen Development Realty, LLC)

MLS # 174311 – Riverview, Central Core, 1020 E Hopkins Avenue 5, Aspen, CO; Sold Price: $3,500,000/$3,333 sq ft; partial furnished. Sold Date: 06/27/2022. More details below photos.

MLS # 174311 – Riverview, Central Core, 1020 E Hopkins Avenue 5, Aspen, CO; Sold Price: $3,500,000/$3,333 sq ft; partial furnished. Sold Date: 06/27/2022. Ask Price: $3,500,000. (Original Price: $3,500,000 and on the market since 04/01/2022.) This is a 1973 built and 2011 remodeled, 2 bedroom/2 bath, 1,050 sq ft condo. Tim’s comments: The Riverview condo complex is at the end of the Hopkins Ave cul de sac – a quiet street with no through traffic. Adjacent to the complex is the Hopkins Avenue Pedestrian Bridge crossing the Roaring Fork River and within easy walking distance to Aspen’s most popular hike, the Smuggler Mountain Trail and to shuttle bus pick-up along nearby Park Avenue to the Aspen Mountain Gondola. This 2 bdrm condo is a floor through unit – on the north side, it is on the river; on the south side, it has views of Aspen Mountain. Amenities at the complex include an assigned parking space, swimming pool, and hot tub. 2021 taxes: $2,672; HOA Dues: $8,838. Under Contract Date: 04/18/2022; Sold Date: 06/27/2022. (Photos and broker comments courtesy of Setterfield & Bright)

MLS # 175765 – Aspen Wild, Central Core, 101 E Cooper 102, Aspen, CO; Sold Price: $1,700,000/$2,193 sq ft; partial furnished. Sold Date: 06/23/2022. More details below photos.

MLS # 175765 – Aspen Wild, Central Core, 101 E Cooper 102, Aspen, CO; Sold Price: $1,700,000/$2,193 sq ft; partial furnished. Sold Date: 06/23/2022. Ask Price: $1,700,000. (Original Price: $1,700,000 and on the market since 06/30/2022.) This is a 1978 built, 1 bedroom/1 bath, 775 sq ft condo. Tim’s comments: Located across from Koch Park, about 2 blocks from Wagner Park in the center of town, this is what entry level Aspen looks like. The unit was sold off-market.  2022 taxes: $2,853; HOA Dues: $7,333. Under Contract Date: 05/31/2022; Sold Date: 06/23/2022. (Photos and broker comments courtesy of Compass)

MLS # 174820 – Aspen West End Condo, West End, 790 W Hallam Street #3,  Aspen, CO; Sold Price: $1,499,999/$2,727 sq ft; furnished. Sold Date: 06/27/2022. More details below photos.

MLS # 174820 – Aspen West End Condo, West End, 790 W Hallam Street #3,  Aspen, CO; Sold Price: $1,499,999/$,727 sq ft; furnished. Sold Date: 06/27/2022. Ask Price: $1,499,999. (Original Price: $1,499,999 and on the market since 05/03/2022.) This is a 1971 built and 2020 remodeled, 1 bedroom, 550 sq ft condo with common car garage. Tim’s comments: This is the lowest priced one-bedroom for sale in Aspen at present. Its an short walk into town or to the nearby shuttle bus on 8th St to take you to Aspen Highlands, Buttermilk, Snowmass Mountain ski areas or into town. A perfect Aspen pied-a-terre, the unit is being sold turn-key with parking, extra storage, private deck off the bedroom, washer and dryer and newer appliances. 2021 taxes: $1,910; HOA Dues: $5,736. Under Contract Date: 05/19/2022; Sold Date: 06/27/2022. (Photos and broker comments courtesy of Compass)

MLS # 175249 – Smuggler Park, Smuggler, 136 Maple Lane, Aspen, CO; Sold Price: $1,300,000/$1,375 sq ft; partial furnished. Sold Date: 06/27/2022. More details below photos.

MLS # 175249 – Smuggler Park, Smuggler, 136 Maple Lane, Aspen, CO; Sold Price: $1,300,000/$1,375 sq ft; partial furnished. Sold Date: 06/27/2022. Ask Price: $1,399,000. (Original Price: $1,399,000 and on the market since 05/31/2022.) This is a 1989 built, 2 bedroom/1 bath, 945 sq ft single family home on a 3,114 sq ft lot, or 0.07 acre. Broker’s comments: Smuggler Mobile Home Park is the ultimate local’s choice to work and play in Aspen. Walk to everything, or take the free RFTA bus, close to parks, hiking and biking. Live comfortably in the existing home, or build new on one of Smuggler’s larger lots (most lots are sized 300’x 100′ which are typical mobile home dimensions. One can build a 3 level stick-built home here or install a new mobile home with 3 levels – a  lower subgrade level, street level, upper level).  Buyer musta be Pitkin County resident, approved by APCHA and HOA, and home to be primary residence. Buyer pays 0.5% Wheeler RETT at closing and seller pays .25% to APCHA. HOA has right of first refusal. 2021 taxes: $1,943; HOA Dues: $4,200. Under Contract Date: 04/24/2022; Sold Date: 06/27/2022. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty)

MLS # 171336 – Snowmass Creek, Old Snowmass, 3333 Snowmass Creek Road, Snowmass, CO; Sold Price: $12,510,000/$2,252 sq ft; furnished. Sold Date: 06/27/2022. More details below photos.

MLS # 171336 – Snowmass Creek, Old Snowmass, 3333 Snowmass Creek Road, Snowmass, CO; Sold Price: $12,510,000/$2,252 sq ft; furnished. Sold Date: 06/27/2022. Ask Price: $14,200,000. (Original Price: $16,200,000 and on the market since 07/28/2021.) This is a 1989 built, 5 bedroom/5 bath/1 half-bath, 5,553 sq ft single family home with 2 car garage on a 3,005,640 sq ft lot, or 69 acres. Tim’s comments: This is a 69 acre spread in Old Snowmass, CO about 20 minutes down the road from Aspen. It’s a prime example of the relative value one gets if one is willing to live outside of Aspen. Old Snowmass is beloved for its natural beauty and old school Colorado rural setting. I think of it in these terms: as Sagaponack, LI is to Southhampton, Old Snowmass is to Aspen. 2020 taxes: $16,379. Under Contract Date: 05/11/2022; Sold Date: 06/27/2022. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s HM)

MLS # 173734 – Lazy O Ranch, Old Snowmass, 900 Lazy O Road, Snowmass, CO; Sold Price: $5,425,000/$1,888 sq ft; unfurnished. Sold Date: 06/30/2022. More details below photos.

MLS # 173734 – Lazy O Ranch, Old Snowmass, 900 Lazy O Road, Snowmass, CO; Sold Price: $5,425,000/$1,888 sq ft; unfurnished. Sold Date: 06/30/2022. Ask Price: $5,998,000. (Original Price: $5,998,000 and on the market since 02/18/2022.) This is a 2016 built, 3 bedroom/3 bath, 2,873 sq ft single family home with 2 car garage on a 250,470 sq ft lot, or 5.75 acre. Broker’s comments: On 5.75 acres in Lazy O Ranch, Hagman Architects designed a home to blend with the environment and capitalize on stunning views of Mt. Sopris and the Elk Mtn range. Energy-efficient and green-built, the design balances contemporary lines with traditional materials to create a clean, modern retreat filled with natural light. The home lives large with vaulted beamed ceilings, expansive windows, and an effortless, open, single-level plan. Vested rights to build 8250 sf. Encompassing 1500 acres, the Ranch features cross-country skiing and horseback riding trails, tennis and pickleball courts, stocked trout ponds, barn, and horse facilities – all tended by an on-site ranch manager. Secluded and secure, yet accessible, Aspen/Snowmass, Basalt/Roaring Fork Club and Willits are just 10-20 min away. 2021 taxes: $12,350; HOA Dues: $20,000. Under Contract Date: 05/25/2022; Sold Date: 06/30/2022. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty)

MLS # 174922 – Assay Hill Lodge, Snowmass Village, 130 Wood Road 740, Snowmass Village, CO; Sold Price: $1,195,000/$2,056 sq ft; furnished. Sold Date: 06/27/2022. More details below photos.

MLS # 174922 – Assay Hill Lodge, Snowmass Village, 130 Wood Road 740, Snowmass Village, CO; Sold Price: $1,195,000/$2,056 sq ft; furnished. Sold Date: 06/27/2022. Ask Price: $1,195,000. (Original Price: $1,195,000 and on the market since 05/10/2022.) This is a 2010 built, 1 bedroom/1 bath, 581 sq ft condo. Tim’s comments: As this is the Viceroy…hearsay tells me that this is the wedding night special of choice and the unit the hotel staff like to book the most. The 5-star hotel condo property has beautiful contemporary facilities with luxury spa, heated swimming pool, ski valet service, shuttle transportation for owners and concierge service. Nothing could be easier and better. 2021 taxes: $3,746. Under Contract Date: 05/13/2022; Sold Date: 06/27/2022. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s HM)

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