Scroll down page for photos and details of sold and under contract (pending) Aspen properties in the past 4 weeks. For earlier dates, use the down arrow to the blog archives and search by date. Or use SearchEstinAspen to search by topic, address, date etc. If it’s about Aspen real estate, it should be here.
The Estin Report: Q3 2012 State of the Aspen Market will be posted late evening Mon. PM, Oct. 22, 12 on the blog
released Oct. 9, 2012
Click image for Sept. 2012 snapshot pdf
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 . Because the MLS links below expire after 30 days, photos and written descriptions of most closed properties (with excellent photography) are posted to preserve an archive of sold market activity. For sales in the past month, scroll down page, and for earlier dates use the down arrow and search by time period.
Under Contract / Pending (13): MLS #: 120436, 121096, 126292, 121158, 126350, 122087, 122422, 126974, 123659, 116529, 121194, 121195, 125852. This link is valid for 30 days until 11/14/2012. Photos and descriptions of under contracts are not posted unless special circumstances or significance dictate.
Closed (4): MLS #: 121782, 125764, 120501, 125768. This link is valid for 30 days until 11/14/2012.
Aspen Snowmass Solds Last Week:
MLS #121782 – Aspen, McLain Flats, Starwood single family home, 75 N. Starwood Drive, Aspen, CO: Sold Price: $5,300,000/$895 sq ft unfurnished. More details below photos.
MLS #121782 – Aspen, McLain Flats, Starwood single family home, 75 N. Starwood Drive, Aspen, CO: Sold Price: $5,300,000/$895 sq ft unfurnished; Asking Price: $5,600,000. (Original Price: $8,750,000 and 855 days on the market since 06/23/2010.) This is a 1990 built/2008 remodeled, 4 bedroom/5 bath/1 half bath, 5,920 sq ft single family home with 3 car garage on 2.9 acres in Aspen’s only fully gated community, Starwood. Broker comments are, ” Nestled in the prestige of Starwood, this front-row custom residence captures the expansive view of the snow-capped peaks of the Elk Mountain Range and are celebrated from every room. Contemporary meets Tuscan-style in this recently renovated four bedroom custom estate where the timeless character of the design and finishes are evident throughout the home. Large kitchen with commercial-grade appliances, custom cabintry and butcher block island. Separate library with built-in bookcases could easily double as a gracious office. Alfresco entertaining basks in a Colorado setting, offering a large stone terrace for lounging and dining; lush landscaped gardens and 2.9 acres perfect for horses.” 2011 Taxes: $21,123; HOA Dues: $459 Yr. Under Contract Date: 08/26/2012; Sold Date: 10/05/2012. (Photos and broker comments courtesy of Coldwell Banker Mason Morse.)
MLS #125764 – Aspen, Central Core, Ute Place single family home, 10 Ute Place, Aspen, CO: Sold Price: $6,000,000/$1,041 sq ft unfurnished. More details below photos.
MLS #125764 – Aspen, Central Core, Ute Place single family home, 10 Ute Place, Aspen, CO: Sold Price: $6,000,000/$1,041 sq ft unfurnished; Asking Price: $6,500,000. (Original Price: $7,950,000 and 363 days on the market since 07/14/2010.) This is a 1990 built, 5 bedroom/5 bath/1 half bath, 5,760 sq ft single family home with 3 car garage on 0.35 acres. Broker comments are, ” Located in the beautifully landscaped subdivision of Ute Place, just 3 blocks from the gondola yet away from the congestion and traffic. Ski home from Aspen Mountain, fish for trout in the 3 stocked ponds in the summer & ice skate in the winter, walk or bike everywhere, and utilize the onsite concierge/property management with driver service. Features include 5 bedrooms plus 2 offices, 5.5 baths, 5,760 sq ft, vaulted ceilings, 4 fireplaces, family room w/bar, kitchen w/breakfast nook & center island, gracious patios & decks, hot tub, 755 sq ft 3 car garage + workshop, 342 sq ft mechanical room, & mountain views. Renovation possibilities include an increase to 7831 livable sq ft with a 600 sq ft garage.” 2011 Taxes: $16,650; HOA Dues: $25,000 Yr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 08/25/2012; Sold Date: 10/10/2012. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)
MLS #120501 – Aspen, West Aspen, Meadowood single family home, 290 Heather Lane, Aspen, CO: Sold Price: $3,500,000/$1,112 sq ft unfurnished. More details below photos.
MLS #120501 – Aspen, West Aspen, Meadowood single family home, 290 Heather Lane, Aspen, CO: Sold Price: $3,500,000/$1,112 sq ft unfurnished; Asking Price: $3,695,000. (Original Price: $4,250,000 and 552 days on the market since 04/12/2011.) This is a 1975 built/1998 remodeld, 3 bedroom/2 bath/1 half bath, 3,147 sq ft single family home with 2 car garage on 0.98 acres. Broker comments are, “Surrounded by open space, mature gardens and trees, ponds,& waterfalls this piece of paradise is located just minutes away from downtown Aspen. Sitting on nearly one acre off a cul-de-sac this lovely home has beamed cathedral ceilings, oak hardwood floors, a wonderful sunroom off the kitchen that overlooks the glorious backyard, and a huge rock fireplace that is open on both sides. These are only some of the features that that make this home so special. The 3 bedroom home is 3147 sq ft of charming space on one level. You can either live in the home as it is or you have the ability to enlarge or build .. The FAR for the Meadowood subdivision is 8100+ sq ft. Another added bonus is this subdivision has no Aspen Transfer tax.” 2011 Taxes: $14,058; HOA Dues: $220 Yr. Under Contract Date: 09/04/2012; Sold Date: 10/10/2012. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)
MLS #125768 – Aspen, East Aspen, East Meadow Subdivision single family home, 73 Smuggler Grove Road, Aspen, CO: Sold Price: $4,000,000/$1,120 sq ft unfurnished. More details below photos.
MLS #125768 – Aspen, East Aspen, East Meadow Subdivision single family home, 73 Smuggler Grove Road, Aspen, CO: Sold Price: $4,000,000/$1,120 sq ft unfurnished; Asking Price: $4,595,000. (Original Price: $4,595,000 and 131 days on the market since 06/01/2012.) This is a 2006 built, 4 bedroom/3 bath/1 half bath, 3,571 sq ft single family home with 3 car garage on 0.14 acres. Broker comments are, ” Bright & beautiful contemporary home in the quiet east side of Aspen. A rustic mountain exterior of barn wood & corrugated metal contrasts with an interior of clean lines & contemporary finishes, striking a perfect balance between the past & present. A keen attention to detail is found throughout the inviting open floor plan, which features an upper level great room, dining room, kitchen & two decks, expansive main floor master suite w/spa tub, steam shower, & dual vanities in the master bath, media/family room with wet bar, vaulted ceilings, maple hardwood floors, multiple gas fireplaces, and a 3 car detached garage with enormous storage + 800 sq ft apartment above w/1 bedroom, 1 bath & full kitchen. Mature landscaping provides privacy while still allowing views toward Aspen Mountain.” 2011 Taxes: $9,476; Under Contract Date: 09/05/2012; Sold Date: 10/10/2012. (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.”
Aspen Snowmass Real Estate Weekly Market Update Report Closed and Under Contract