Last weeks sales activity is published 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.

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.

Comments

December 2012 has been a big month. This past week (2) properties sold at $11.125M and $17.5M; two weeks ago, there were (3) solds at $11M, $15M and $20.75M, (2) solds at $8.5M and $9M and a $50M property went under contract to close in Jan 2013. There was also a surge in downtown commercial sales. Changes in capital gains, gift and estate taxes likely fueled a number of these transactions before the end of the year. See 12/30 article. The Estin Report: State of the Aspen Market 4th Quarter and Full Year 2012 will be published in early Jan.

Under Contract / Pending (2) MLS #: 118463, 122661. This link is valid for 30 days until 01/30/2013. Photos and descriptions of under contracts are not posted unless special circumstances or significance dictate.

Closed (15) MLS #: 128011, 128170, 128007, 126669, 127329, 111869, 126211, 125745, 122017, 126615, 117718, 116469, 127247, 128176, 119866. This link is valid for 30 days until 01/30/2013.

Select Aspen Snowmass Solds Last Week

MLS #127329 – Aspen, West Aspen, West Meadow single family home (off Cemertery Ln), 1285 Mountain View Drive, Aspen, CO: Sold Price: $5,600,000/$876 sq ft unfurnished. More details below photos.

MLS #127329 – Aspen, West Aspen, West Meadow single family home, 1285 Mountain View Drive, Aspen, CO: Sold Price: $5,600,000/$876 sq ft unfurnished; Asking Price: $5,995,000. (Original Price: $5,995,000 and 92 days on the market since 09/27/2012.) This is a 2008 built, 5 bedroom/5 bath/1 half bath, 6,392 sq ft single family home with 2 car gargae on 0.34 acres. Broker comments are, “Aspen’s favorite family street. This Architect’s personal residence is on a quite cul de sac. All new contemporary home designed as multi-generation family gathering place. High-end finishes with low maintenance durable materials throughout, offering worry-free ownership. Gourmet Kitchen loved by cooks and caterers alike. Host to many fundraising benefits, large living and dining great when entertaining, yet comfortable for two. Sophisticated master suite and bedrooms nestled among the trees. Option for main level master. Four fireplaces, wine room and game room with butler’s kitchen/bar. Roof top deck and hot tub offer views of Aspen Mountain and beyond. Solar powered house generates roughly 80% of its own energy. Strong short -term rental history.” 2011 Taxes: $13,606; HOA Dues: $50 Yr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 12/24/2012; Sold Date: 12/28/2012. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #126615 – Aspen, Red Mountain, Red Mountain Ranch single family home, 639 Hunter Creek Road, Aspen, CO: Sold Price: $11,125,000/$1,503 sq ft furnished. More details below photos.

MLS #126615 – Aspen, Red Mountain, Red Mountain Ranch single family home, 639 Hunter Creek Road, Aspen, CO: Sold Price: $11,125,000/$1,503 sq ft furnished; Asking Price: $14,750,000. (Original Price: $14,750,000 and 169 days on the market since 07/26/2012.) This is a 2000 built, 6 bedroom/7 bath/2 half bath, 7,401 sq ft single family home with 3 car garage on 0.98 acres. Broker comments are, “This exquisite European insprired home is situated a the top of Red Mountain and offers an open floor plan along with expansive views of the Roaring Fork Valley. With 5 bedrooms, 5 bathrooms and a one bedroom caretaker unit, this home has ample room for entertaining both indoor and out. Offered furnished and turnkey, this house is not to be missed.” 2011 Taxes: $14,231. Under Contract Date: 10/24/2012; Sold Date: 12/26/2012. (Photos and broker comments courtesy of Joshua & Co.)

MLS #128176 – Aspen, West Aspen, East Owl Creek single family home, 880 Cluny Road, Aspen, CO: Sold Price: $17,500,000/$1,342 sq ft furnished. More details below photos.

MLS #128176 – Aspen, West Aspen, East Owl Creek single family home, 880 Cluny Road, Aspen, CO: Sold Price: $17,500,000/$1,342 sq ft furnished; Asking Price: $17,500,000. (Original Price: $17,500,000 and 33 days on the market since 11/24/2012.) This is a 1998 built, 6 bedroom/7 bath, 13,031 sq ft single family home with 4+ garage on 3.69 acres. No broker comments in MLS. 2011 Taxes: $33,671; HOA Dues: $4,000 Yr. Under Contract Date: 12/04/2012; Sold Date: 12/27/2012. (Photos courtesy of Aspen Snowmass Sotheby’s.)

MLS #119866 – Aspen, Red Mountain, Ridge of Red Mountain single family home, 11 Salvation Circle, Aspen, CO: Sold Price: $4,250,000/$1,013 sq ft unfurnished. More details below photos.

MLS #119866 – Aspen, Red Mountain, Ridge of Red Mountain single family home, 11 Salvation Circle, Aspen, CO: Sold Price: $4,250,000/$1,013 sq ft unfurnished; Asking Price: $5,100,000. (Original Price: $9,000,000 and 1,460 days on the market since 01/01/2009.) This is a 1989 built, 4 bedroom/5 bath/1 half bath, 4,192 sq ft single family home with 2 car garage on 0.71 acres. Broker comments are, “This Red Mountain home boasts inviting entertaining spaces and stunning views from Independence Pass to Mt. Sopris. The gourmet Kitchen, vaulted Great Room and spacious Master Suite are enhanced by a dramatic wraparound deck. Located on lower Red Mountain Road, this view estate is convenient to downtown Aspen. Snow melt driveway adds to winter convenience.” 2011 Taxes: $11,537; HOA Dues: Tbd. Under Contract Date: 11/26/2012; Sold Date: 12/27/2012. (Photos and broker comments courtesy of Coldwell Banker Mason Morse.)

MLS #111869 – Aspen, West Aspen, commercial, 37925 Hwy 82, Aspen, CO: Sold Price: $1,600,000. More details below photos.

MLS #111869 – Aspen, West Aspen, commercial, 37925 Hwy 82, Aspen, CO: Sold Price: $1,600,000; Asking Price: $2,600,000. (Original Price: $4,860,000 and 1,278 days on the market since 06/29/2009.) This is a 1967 built commercial garden center. Broker comments are, “Planted Earth Home and Garden Center has been serving the Roaring Fork Valley and surrounding areas since 1983. Purchase the Aspen business and real estate individually for $2,950,000 or combined with the Carbondale (see MLS #111868) business and real estate. Call listing office for information on seller financing.” 2011 Taxes: $13,192. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 08/24/2012; Sold Date: 12/21/2012. (Photos and broker comments courtesy of Joshua & Co.)

MLS #116469 – Aspen, West Aspen, Villas of Aspen condo, 100 N. Eighth Street 13, Aspen, CO: Sold Price: $1,650,000/$822 sq ft furnished. More details below photos.

MLS #116469 – Aspen, West Aspen, Villas of Aspen condo, 100 N. Eighth Street 13, Aspen, CO: Sold Price: $1,650,000/$822 sq ft furnished; Asking Price: $1,695,000. (Original Price: $1,995,000 and 945 days on the market since 05/26/2010.) This is a 1972 built/2000 remodeled, 3 bedroom/3 bath/1 half bath, 2,005 sq ft condo. Broker comments are, ” Enjoy the stunning mountain views from this beautifully remodeled, 2000 sq.ft. West End townhome. Features include custom kitchen & cabinetry with granite counters and stainless appliances, remodeled baths, an open floor plan, gas fireplace w/custom limestone hearth, superb low-voltage lighting & wiring, A/C, lots of creative storage, roomy deck accessed by sliding glass doors with terrific views of Tiehack & Highlands. Assigned parking, an easy walk to the Aspen Institute, Music Tent and buses to downtown Aspen and ski areas are just steps away. Owners may have pets and no rental restrictions.” 2011 Taxes: $4,611; HOA Dues: $2,115 Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 11/27/2012; Sold Date: 12/26/2012. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #126669 – Aspen, Central Core, Aspen Square condo, 617 E. Cooper Street, Aspen, CO: Sold Price: $650,000/$1,310 sq ft furnished. More details below photos.

MLS #126669 – Aspen, Central Core, Aspen Square condo, 617 E. Cooper Street, Aspen, CO: Sold Price: $650,000/$1,310 sq ft furnished; Asking Price: $699,000. (Original Price: $699,000 and 150 days on the market since 07/30/2012.) This is a 1969 built, 496 sq ft studio condo with 1 bath. Broker comments are, “True hassle free vacation studio! Beautiful top floor north facing unit with views of Red Mountain and overlooking town. Highly desirable for vacation rentals with all the conveniences of Aspen’s best restaurants and shopping at your doorstep. Amenities include: Heated Pool, 2 Hot Tubs, BBQ, Gas Fire Pit, 900SF Conference Room, Fitness Center, daily Maid/Laundry/Concierge service, Underground Parking, High-speed Wireless Internet and Elevator accessible.” 2011 Taxes: $1,605; HOA Dues: $17,922 Yr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 11/30/2012; Sold Date: 12/27/2012. (Photos and broker comments courtesy of Aspen Real Estate Co.)

MLS #117718 – Aspen, Central Core, Original Street Condo, 802 E. Cooper Street 1, Aspen, CO: Sold Price: $1,925,000/$899 sq ft furnished. More details below photos.

MLS #117718 – Aspen, Central Core, Original Street Condo, 802 E. Cooper Street 1, Aspen, CO: Sold Price: $1,925,000/$899 sq ft furnished; Asking Price: $2,595,000. (Original Price: $3,300,000 and 870 days on the market since 08/04/2010.) This is a 1975 built/2007 remodeled, 3 bedroom/3 bath/1 half bath, 2,139 sq ft condo with 2 car garage. Broker comments are, ” Location, location, central Core location with a 2 car garage. Beautifully remodeled top-of-the-line finishes in this prime location condominium acrosss from City Market. Slate entry and kitchen floors, recessed lighting, gourmet kitchen granite, custom cabinets, Viking stove and refrigerator and zebra wood center island, walnut floors in living areas and master bedroom, marble baths with steam shower and double sinks in master, gas fireplaces in living room and master bedroom are just some of the highlights of this special property. Located in a small complex of four units, this property features excellent views of Aspen Mountain, private patio and two-car garage. Air conditioning in living room and master bedroom.” 2011 Taxes: $5,039; HOA Dues: Tbd. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 11/13/2012. Sold Date: 12/20/2012. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #126211 – Snowmass Village, Wood Run single family home, 1234 Wood Road, Snowmass Village, CO: Sold Price: $1,700,000/$638 sq ft partially furnished. More details below photos.

MLS #126211 – Snowmass Village, Wood Run single family home, 1234 Wood Road, Snowmass Village, CO: Sold Price: $1,700,000/$638 sq ft partially furnished; Asking Price: $1,995,000. (Original Price: $1,995,000 and 175 days on the market since 06/29/2012.) This is a 1970 built, 5 bedroom/3 bath/1 half bath, 2,664 sq ft single family home on 0.81 acres. Broker comments are, “Cross the bridge to this classic contemporary nestled in the trees in Woodrun subdivision. A natural-flowing floorplan with master bedroom on main level with kitchen, dining and living room; upper level has four bedrooms and lower level has large recreation room. Two woodburning stoves, brick floors and floor-to-ceiling windows add to the ambience.” 2011 Taxes: $6,728; HOA Dues: $90 Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 11/08/2012; Sold Date: 12/21/2012. (Photos and broker comments courtesy of Joshua & Co.)

MLS #125745 – Snowmass Village, Ridge condo, 229 Faraway Road 28, Snowmass Village, CO: Sold Price: $680,000/$532 sq ft furnished. More details below photos.

MLS #125745 – Snowmass Village, Ridge condo, 229 Faraway Road 28, Snowmass Village, CO: Sold Price: $680,000/$532 sq ft furnished; Asking Price: $725,000. (Original Price: $989,000 and 683 days on the market since 07/14/2010.) This is a 1985 built, 2 bedroom/2 bath, 1,278 sq ft condo. Broker comments are, “One of Snowmass Village best values. This two bedroom condominium lives more like a town home. A corner unit location that offers vaulted ceilings, open floor plan, spacious bedrooms, a wood burning fireplace, car port, decks and expansive views of Mt. Daly. The Ridge Condominiums were completely remodeled in 2008-2009 and offer; two outdoor hot tubs, pool, fitness room, with a groomed ski trail to Assay Hill. The free Snowmass Village shuttle bus offers easy access to the new Base Village, the Mall and all amenities in the Village.” 2011 Taxes: $1,985; HOA Dues: $2,741 Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 11/28/2012; Sold Date: 12/27/2012. (Photos and broker comments courtesy of Joshua & Co.)

MLS #122017 – Snowmass Village, SHORT SALE, Wood Run Place condo, 425 Wood Road 33, Snowmass Village, CO: Sold Price: $620,000/$424 sq ft unfurnished. More details below photos.

MLS #122017 – Snowmass Village, SHORT SALE, Wood Run Place condo, 425 Wood Road 33, Snowmass Village, CO: Sold Price: $620,000/$424 sq ft unfurnished; Asking Price: $649,000. (Original Price: $2,375,000 and 1,751 days on the market since 03/11/2008.) This is a 1983 built/2005 remodeled, 3 bedroom/3 bath, 1,462 sq ft condo with 1 car garage. Broker comments are, ” Location, Location, Location. Every room in this luxurious three-bedroom, three-bath condominium overlooks Fanny Hill. Imagine waking in the morning and watching the skiers go by. How about skiing from your back door to the Village Express Lift or Gondola in ten seconds! This is truly the best location and value in Snowmass Village. Unit is a non-rental and is in immaculate, move in condition.” 2011 Taxes: $3,085; HOA Dues: $20,000 Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 08/25/2012; Sold Date: 12/21/2012. (Photos and broker comments courtesy of Coldwell Banker Mason Morse.)

MLS #127247 – Snowmass Village, Top of Village condo, 855 Carriage Way 106, Snowmass Village, CO: Sold Price: $780,000/$722 sq ft partially furnished. More details below photos.

MLS #127247 – Snowmass Village, Top of Village condo, 855 Carriage Way 106, Snowmass Village, CO: Sold Price: $780,000/$722 sq ft partially furnished; Asking Price: $889,000. (Original Price: $889,000 and 104 days on the market since 09/20/2012.) This is a 1974 built/2004 remodeled, 2 bedroom/2 bath, 1,080 sq ft condo. Broker comments are, “Fantastic two bedroom at Top of the Village with direct ski access to the slopes. Great views straight up Fanny Hill. Terrific rental property.” 2011 Taxes: $1,257; HOA Dues: $3,997 Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 12/03/2012; Sold Date: 12/27/2012. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #128011 – Snowmass Village, Viceroy condo, 130 Wood Road 430, Snowmass Village, CO: Sold Price: $420,000/$734 sq ft furnished; More details below photos.

MLS #128011 – Snowmass Village, Viceroy condo, 130 Wood Road 430, Snowmass Village, CO: Sold Price: $420,000/$734 sq ft furnished; Asking Price: $449,000. (Original Price: $449,000 and 15 days on the market since 12/14/2012.) This is a 2010 built, 1 bedroom/1 bath, 572 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.” 2011 Taxes: $3,181; HOA Dues: $14,066 Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 12/14/2012; Sold Date: 12/27/2012. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #128170 – Snowmass Village, Viceroy condo, 130 Wood Road 510, Snowmass Village, CO: Sold Price: $248,000/$644 sq ft furnished; Asking Price: $259,000. (Original Price: $259,000 and 16 days on the market since 12/12/2012.) This is a 2010 built, 385 sq ft studio condo with 1 bath. 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.” 2011 Taxes: $1,835; HOA Dues: $9,467 Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 12/21/2012; Sold Date: 12/28/2012. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #128007 – Snowmass Village, Viceroy condo, 130 Wood Road 630, Snowmass Village, CO: Sold Price: $436,050/$769 sq ft furnished; Asking Price: $459,000. (Original Price: $459,000 and 22 days on the market since 11/29/2012.) This is a 2010 built, 1 bedroom/1 bath, 567 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.” 2011 Taxes: $3,252; HOA Dues: $13,944 Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 11/30/2012; Sold Date: 12/21/2012. (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 2012 and all rights reserved. Use is permitted subject to the following attribution: “The Estin Report: State of the Aspen Real Estate Market, By Tim Estin, mba, gri, broker.”

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