Last week’s sales activity is posted below. Scroll down page for photos and details of weekly solds and under contract /pending Aspen properties in the past 4 weeks. For earlier dates, use the down arrow to search the blog archives by year and date. Or use SearchEstinAspen to search by topic, address, subdivision or complex name, date etc. If it’s about Aspen real estate, information should be here.

The Estin Report: Q2/H1 2013 State of the Aspen Real Estate Market was recently released in the Current Reports section

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Last Week’s Market Activity: Aspen Snowmass real estate weekly sales and under contract activity appears below for all Aspen, Snowmass 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 to preserve an archive of sold market activity.

Closed (12): MLS #s:118070, 130082, 130292, 136640, 122801, 128016, 121970, 130630, 130629, 129283, 125015, 128094 . This link is valid for 30 days until 9/18/2013.

Under Contract / Pending (20): MLS #s: 130230, 130320, 130516, 130534, 130608, 130036, 129889, 125421, 128501, 125580, 128145, 127079, 124807, 129679, 123384, 131227, 129396, 127407, 130146, 130279. Photos and descriptions of under contracts are not posted unless special circumstances or significance dictate.This link is valid for 30 days until 9/18/2013.

Aspen Snowmass Solds Last Week

MLS #118070 – Aspen, Sold At Auction, West Aspen, West Buttermilk single family home, 1518 W. Buttermilk Road, Aspen, CO: Sold Price: $15,600,000/$1,019 sq ft furnished. More details below photos.

MLS #118070 – Aspen, Sold At Auction, West Aspen, West Buttermilk single family home, 1518 W. Buttermilk Road, Aspen, CO: Sold Price: $15,600,000/$1,019 sq ft furnished; Asking Price: $15,000,000. (Original Price: $36,800,000 and 2,177 days on the market since 08/16/2007.) Bidding started at $15M and there was one bidder: the purchase price was the $15M winning bid plus a 6% buyer’s premium of $600,000. This is a 2007 built, 7 bedroom/7 bath/2 half bath, 14,850 sq ft single family home with 3 car garage on 2 acres. Broker comments are, “This 16,000 sq ft estate offers arguably the best views in all of Aspen. It was designed & created by Gregory ‘Skip’ Gozzo, who has been nationally recognized for over 25 years as one of the nation’s leading estate builders of ultra high end luxury homes. It has been featured on VH1’s “Celebrity Real Estate Splurges” as one of the top 4 estates for sale in the US. There aren’t any properties in Aspen this close to town on a 2 acre flat building envelope w/out airplane noise or views obstructed by neighboring homes. The flat building envelope allowed a 300 ft wide estate w/out any steps on either level, & the grand lawn spaces w/lush landscaping & water features created a superb design for entertaining w/views overlooking thousands of acres of pastures & mountains.” 2012 Taxes: $58,567. Under Contract Date: 07/30/2013; Sold Date: 08/15/2013. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #130082 – Aspen, Central Core, Queen Victoria condo, 916 E. Hopkins Avenue, #103, Aspen, CO: Sold Price: $1,000,000/$961 sq ft furnished. More details below photos.

MLS #130082 – Aspen, Central Core, Queen Victoria condo, 916 E. Hopkins Avenue, #103, Aspen, CO: Sold Price: $1,000,000/$961 sq ft furnished; Asking Price: $1,100,000. (Original Price: $1,199,000 and 519 days on the market since 09/09/2011.) This is a 1972 built/2012 remodeled, 3 bedroom/2 bath, 1,040 sq ft condo. Broker comments are, “This charming 3 bedroom, 2 bath riverfront condominium was recently updated and features fabulous views of the Roaring Fork River. Excellent location on a quiet residential street within walking distance to all of downtown Aspen’s restaurants, shops and entertainment. Amenities include assigned off-street parking and generous storage.” 2012 Taxes: $2,636; HOA Dues: $1,464 Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 07/03/2013; Sold Date: 08/12/2013. (Photos and broker comments courtesy of Frias Properties.)

MLS #130292 – Best “Flip” sale this summer – Aspen, Central Core, Cottonwood condo, 124 W. Hyman Avenue #1E, Aspen, CO: Sold Price: $1,290,000/$1,240 sq ft furnished. More details below photos.

MLS #130292 – Aspen, Central Core, Cottonwood condo, 124 W. Hyman Avenue #1E, Aspen, CO: Sold Price: $1,290,000/$1,240 sq ft furnished; Asking Price: $1,398,000. (Original Price: $1,398,000 and 64 days on the market since 06/12/2013.) This unit sold in a bank REO sale with multiple bids at $949,000/$913 sq ft unfurnished in late April 2013. After 101 days on the market in the winter 2013, suddenly it was “discovered” as a scream’in deal and there were multiple offers for this bank sale property. What a difference furniture makes! It originally sold after renovation in June 2007 at $1,550,000/$1,490 sq ft. The property is a ground floor 1969 built/2006 remodeled, 2 bedroom/2 bath, 1,040 sq ft condo 2-3 blocks from the center of town. Broker comments are, “Presenting a must see, beautifully remodeled 2-Bedroom, 2-Bathroom condo in the rarely available Cottonwood. Featuring top of the line appliances, custom woodwork, integrated lighting and sound system with state of the art new Samsung Flat Screen T.V.’s, radiant heat, automated privacy blinds, custom Shoji closet doors and hardwood floors throughout. Enjoy views of Aspen Mountain from your patio. The unit is offered turn key minus the art that is available for sale.” 2012 Taxes: $2,608; HOA dues: $2,314. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 07/22/2013; Sold Date: 08/13/2013. (Photos and broker comments courtesy of RE/MAX Premier Properties.)

MLS #126640 – Single family 3 acre vacant lot – Aspen, West Aspen, Maroon Creek Club, 651 Pfister Drive, Aspen, CO: Sold Price: $3,775,000. More details below photos.

MLS #126640 – Aspen, West Aspen, Maroon Creek Club, 651 Pfister Drive, Aspen, CO: Sold Price: $3,775,000; Asking Price: $3,975,000. (Original Price: $3,975,000 and 390 days on the market since 07/27/2012.) This is a 3.06 acre single family lot in the Maroon Creek Club subdivision in West Aspen. Broker comments are, “Fabulous 3 acre building site overlooking the Maroon Creek Club golf course.” 2012 Taxes: $44,996. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer.Under Contract Date: 06/14/2013; Sold Date: 08/12/2013. (Photos and broker comments courtesy of Joshua & Co.)

MLS #122801 – East Aspen, Aspen Grove single family 1.4 acre vacant lot, 189 Skimming Lane, Aspen, CO: Sold Price: $2,905,500. More details below photos.

MLS #122801 – Aspen, East Aspen, Aspen Grove single family lot, 189 Skimming Lane, Aspen, CO: Sold Price: $2,905,500; Asking Price: $3,495,000. (Original Price: $3,495,000 and 694 days on the market since 09/22/2011.) This is a 1.41 acre single family lot in East Aspen. Broker comments are, “1.41 acre lot with wide open views of Aspen Mountain & downtown Aspen! Preliminary schematic plans for a 14,858 square foot home plus a 2,007 square foot garage by architect Stan Mathis are included. An exceptional opportunity to build your own custom home, or save months of design & planning time by selecting the impeccable design already prepared. Just 1 mile east of downtown, Aspen Grove offers a fabulous alternative to the roundabout & defines the peaceful & quiet surroundings of the east side of Aspen.” 2012 Taxes: $23,720. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer.

MLS #128016 – Aspen, West End, Aspen West End condo, 790 W. Hallam Street #14, Aspen, CO: Sold Price: $775,000/$704 sq ft furnished. More details below photos.

MLS #128016 – Aspen, West End, Aspen West End condo, 790 W. Hallam Street #14, Aspen, CO: Sold Price: $775,000/$704 sq ft furnished; Asking Price: $795,000. (Original Price: $795,000 and 251 days on the market since 12/14/2012.) This is a 1971 built/2012 remodeled, 2 bedroom/2 bath/1 half bath, 1,100 sq ft condo. Broker comments are, “Top floor, mountain views, 2 bedrooms, 2 baths – plus powder room, new kitchen with granite counter tops and stainless steel appliances, fireplace, 2 decks, open floor plan, washer/dryer in unit, owner allowed 2 dogs. On the quiet side of the building comprising the entire 1/2 of the top floor, fully furnished and ready for the Buyer, parking, storage and ski storage lockers, convenient to cross town shuttle, ski buses, Music Tent, biking, and all of Aspen’s amenities within walking distance.” 2012 Taxes: $2,532; HOA Dues: $700 Mo. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 06/28/2013; Sold Date: 08/12/2013. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #125015 – Aspen, Smuggler, Hunter Creek condo, 211 Vine Street, Aspen, CO: Sold Price: $420,000/$705 sq ft unfurnished. More details below photos.

MLS #125015 – Aspen, Smuggler, Hunter Creek condo, 211 Vine Street, Aspen, CO: Sold Price: $420,000/$705 sq ft unfurnished; Asking Price: $475,000. (Original Price: $685,000 and 2,009 days on the market since 06/13/2008.) This is a 1980 built/2009 remodeled, 1 bedroom/1 bath, 595 sq ft condo. Broker comments are, “Bright and sunny ground floor corner unit. Remodeled in 2009. New interior includes new appliances, carpeting, paint, granite counter tops in kitchen as well as remodeled bathroom. Enjoy the amenities:pool,year round hot tub, seasonal tennis courts. Views of Aspen Mtn. Short walk to town shuttle and or town.” 2012 Taxes: $1,109; HOA Dues: $190 Mo. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 07/26/2013; Sold Date: 08/16/2013. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #121970 – Aspen, Red Mountain, 110 Red Mountain Road, Aspen, CO: Sold Price: $3,400,000/$641 sq ft unfurnished. (Lot value sale). More details below photos.

MLS #121970 – Aspen, Red Mountain, 110 Red Mountain Road, Aspen, CO: Sold Price: $3,400,000/$641 sq ft unfurnished. Lot value sale; Asking Price: $3,950,000. (Original Price: $6,200,000 and 765 days on the market since 07/12/2011.) This is a 1961 built/1977 remodeled, 7 bedroom/5 bath, 4,778 sq ft single family home with 4 car garage on 0.93 acres. Broker comments are, ” Ideal private location at the base of Red Mountain, across from Shady Lane. Large family home with Hunter creek frontage on two sides. Stunning views of Aspen Mountain and Maroon Bells-Snowmass Wilderness Area. Convenient access to Hunter Creek Trail, Rio Grande Trail and walking trails to downtown. Exposed timber beams, tongue and groove wood vaulted ceiling throughout first floor, two fireplaces, Attached guest/caretaker quarters, large swimming pool with terraced gardens, outdoor entertaining areas, and 4 car garage. Comfortable home. This property can be combined with listing #122699 for over an acre of re-development or family compound. Truly a unique opportunity.” 2012 Taxes: $12,618. Under Contract Date: 06/30/2013; Sold Date: 08/14/2013. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #130630 – Snowmass Village, Capitol Peak condo, 60 Carriage Way 3125, Snowmass Village, CO: Sold Price: $440,000/$661 sq ft furnished. More details below photos.

MLS #130630 – Snowmass Village, Capitol Peak condo, 60 Carriage Way 3125, Snowmass Village, CO: Sold Price: $440,000/$661 sq ft furnished; Asking Price: $452,000. (Original Price: $525,000 and 444 days on the market since 03/08/2011.) This is a 2008 built, 1 bedroom/1 bath, 665 sq ft condo. No broker comments. 2012 Taxes: $3,860; HOA Dues: $2,504 Qtr. HOA Dues: $3,467 Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 06/28/2013; Sold Date: 08/15/2013. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #130629 – Snowmass Village, Capitol Peak condo, 60 Carriage Way 3225, Snowmass Village, CO: Sold Price: $440,000/$660 sq ft furnished; Asking Price: $452,000. (Original Price: $452,000 and 49 days on the market since 07/01/2013.) This is a 2008 built, 1 bedroom/1 bath, 666 sq ft condo. No broker comments. 2012 Taxes: $4,091; HOA Dues: $2,508 Qtr. HOA Dues: $3,467 Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 06/28/2013; Sold Date: 08/15/2013. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #129283 – Snowmass Village, Viceroy condo, 130 Wood Road 737, Snowmass Village, CO: Sold Price: $493,050/$874 sq ft furnished. More details below photos.

MLS #129283 – Snowmass Village, Viceroy condo, 130 Wood Road 737, Snowmass Village, CO: Sold Price: $493,050/$874 sq ft furnished; Asking Price: $518,979. (Original Price: $518,979 and 240 days on the market since 04/04/2013.) This is a 2010 built, 1 bedroom/1 bath, 564 sq ft condo. Broker comments are, “New Condominium units now available at the world-acclaimed Viceroy. Ski in-Ski-out in Snowmass’ Base Village, there is nothing else like in the Aspen/Snowmass market for wholly-owned condominiums. Leed Gold Certified Property. One time Base Village Metro Fee paid by Buyer of $5,150.” 2012 Taxes: $1,818; HOA Dues: $3,467 Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 04/03/2012; Sold Date: 08/09/2013. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #128094 – Snowmass Village, Terrace House condo, 65 Campground Lane 75, Snowmass Village, CO: Sold Price: $515,000/$567 sq ft furnished. More details below photos.

MLS #128094 – Snowmass Village, Terrace House condo, 65 Campground Lane 75, Snowmass Village, CO: Sold Price: $515,000/$567 sq ft furnished; Asking Price: $539,000. (Original Price: $995,000 and 359 days on the market since 12/15/2008.) This is a 1972 built/2005 remodeled, 2 bedroom/2 bath, 9098 sq ft condo. Broker comments are, “Introducing this 2 bedroom, 2 bathroom top floor with cathedral ceilings located in one of Snowmass’most popular complexes. The Terrace House has a great location, right between the new Base Village and the Upper Mall. Completely renovated only a few years back, this complex has a huge natural looking hot tub perfect for soaking after a hard day of skiing. A short walk to Fanny Hill makes this the perfect Mountain Retreat.” 2012 Taxes: $1,920; HOA Dues: $9,019 Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 07/13/2013; Sold Date: 08/15/2013. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

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Disclaimer: The statements made in The Estin Report and on Tim Estin’s blog represent the opinions of the author and should not be relied upon exclusively to make real estate decisions. A potential buyer and/or seller is advised to make an independent investigation of the market and of each property before deciding to purchase or to sell. To the extent the statements made herein report facts or conclusions taken from other sources, the information is believed by the author to be reliable, however, the author makes no guarantee concerning the accuracy of the facts and conclusions reported herein. Information concerning particular real estate opportunities can be requested from Tim Estin at 970.920.7387 or Email him. The Estin Report is copyrighted 2013 and all rights reserved. Use is permitted subject to the following attribution with link to the source: The Estin Report on the Aspen real estate market”

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