Last week’s sales activity is published below. March 2013 Snapshot sales figures and Q1 2013 report were released in early and mid-April respectively. 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: Q1 2013 State of the Aspen Snowmass Real Estate Market

released April 20, 2013 v9.4

Click image for executive summary and full report pdf in Current Reports

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.

Under Contract / Pending (12) MLS #: 128035, 123724, 125924, 127863, 121668, 116189, 123606, 126636, 126134, 125211, 129553, 127414. Photos and descriptions of under contracts are not posted unless special circumstances or significance dictate. This link is valid for 30 days until 05/28/2013.

Closed (8) MLS #: 126244, 128760, 114068, 117310, 122157, 118939, 125840, 126603. This link is valid for 30 days until 05/28/2013.

Aspen Snowmass Solds Last Week

MLS #126244 – Aspen, Central Core, Fifth Avenue condo, 800 S. Mill Street 3206, Aspen, CO: Sold Price: $1,235,000/$1,1021 sq ft furnished. More details below photos.

MLS #126244 – Aspen, Central Core, Fifth Avenue condo, 800 S. Mill Street 3206, Aspen, CO: Sold Price: $1,235,000/$1,1021 sq ft furnished; Asking Price: $1,295,000. (Original Price: $1,395,000 and 296 days on the market since 07/02/2012.) This is a 1965 built/2005, 3 bedroom/3 bath, 1,209 sq ft condo. Broker comments are, “ Rare 3-bedroom/3 bath one level unit in the core of Aspen. Remodeled, non-rental, south facing with Aspen Mountain views and two private balconies.” 2012 Taxes: $3,047; HOA Dues: $3,388 Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 03/02/2013; Sold Date: 04/24/2013. (Photos and broker comments courtesy of B.J. Adams & Co.)

MLS #118939 – Aspen, McLain Flats, Starwood single family lot sale, 496 Johnson Drive, Aspen, CO: Sold Price: $2,850,000. More details below photos.

MLS #118939 – Aspen, McLain Flats, Starwood single family lot sale, 496 Johnson Drive, Aspen, CO: Sold Price: $2,850,000; Asking Price: $3,600,000. (Original Price: $5,500,000 and 2,065 days on the market since 08.30/2007.) This is a 1976 built, 1 bedroom/1 bath, 782 sq ft single family home with 1 car garage on 3.18 acres. Broker comments are, “Epic mountain… epic sky. The dramatic views from the Starwood property are never-ending. From East to West, from mountain range to mountain range, from galaxy to galaxy, there’s always more to see! The small home, with tons of character, is perfect for the full exploration of your imagination. Includes 1-bedroom, bath, kitchen, garage. Starwood Amenities: Security gate, Tennis courts, Hiking trails, Beautiful common areas creating sense of open space.” 2012 Taxes: $11,447. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 03/01/2013; Sold Date: 04/23/2013.

MLS #125840 – Aspen, West Aspen ranch, 1814 Woody Creek Road, Aspen, CO: Sold Price: $3,150,000/$953 sq ft unfurnished. More details below photos.

MLS #125840 – Aspen, West Aspen ranch, 1814 Woody Creek Road, Aspen, CO: Sold Price: $3,150,000/$953 sq ft unfurnished; Asking Price: $4,900,000. (Original Price: $6,500,000 and 321 days on the market since 06/06/2012.) The ask price included an additional building site which was not included in the final sale of the property. The property has a significant easement going through the middle of it in order for the few upper Craig Ranch homeowners to access their properties. This is a 43.73 acre ranch with an 1899 built/1963 remodeled, 3 bedroom/2 bath/1 half bath, 3,303 sq ft ranch house. Broker comments are, “A turn-key equestrian operation, this parcel features the historic ranch house built and homesteaded in the late 1800’s. In addition, there is a charming caretaker’s cabin nestled at the edge of Woody Creek. Organic gardens, apple orchards, barns and corrals, have been preserved and maintained by the Craig family. All you need to do is bring the horses and tack. Miles of trails are right out the door. This parcel has frontage on both sides of Woody Creek and features world class fly-fishing for brook, rainbow and brown trout. Given the existing square footage, approximately 3,198 sf can be added to the existing single family residence for a total of 7500sf..” 2010 Taxes: $1,622. Under Contract Date: 02/04/2013; Sold Date: 04/22/2013. (Photos and broker comments courtesy of Coldwell Banker Mason Morse)

MLS #126603 – Aspen, East Aspen, CallahanSub-division single family home, 1407 Crystal Lake Road, Aspen, CO: Sold Price: $6,500,000/$1,382 sq ft furnished. More details below photos.

MLS #126603 – Aspen, East Aspen, Callahan single family home, 1407 Crystal Lake Road, Aspen, CO: Sold Price: $6,500,000/$1,382 sq ft furnished; Asking Price: $7,995,000. (Original Price: $7,995,000 and 273 days on the market since 07/25/2012.) This is an absolutely beautifully interior designed home – 1995 built/2004 remodeled, 4 bedroom/4 bath/2 half bath, 4,703 sq ft single family home with 2 car garage on 0.3 acres. Broker comments are, “Everyone who has been in this home loves it. A great open floor plan for dinner parties and family gatherings. Two separate patios for outdoor entertaining. Entry level features great room, dining area, family room and generous open kitchen, and an office. Upper level master enjoys a huge walk-in closet and master bath. Lower level has three ensuite bedrooms above grade. Located in the Callahan Subdivision near the Aspen Club, this should sell this summer.” 2012 Taxes: $16,342; HOA Dues: $2,000 Yr. Under Contract Date: 03/06/2013; Sold Date: 04/22/2013. (Photos and broker comments courtesy of Shane Aspen Real Estate.)

MLS #122157 – Aspen, Central Core, Aspen West condo, 104 W. Cooper Avenue, Aspen, CO: Sold Price: $2,350,000/$1,468 sq ft. More details below photos.

MLS #122157 – Aspen, Central Core, Aspen West condo, 104 W. Cooper Avenue, Aspen, CO: Sold Price: $2,350,000/$1,468 sq ft; Asking Price: $2,600,000. (Original Price: $2,800,000 and 637 days on the market since 07/26/2011.) This is a 1972 built/2011 remodeled, 2 bedroom/2 bath, 1,600 sq ft condo. Broker comments are, “In a fabulously convenient location, this two bedroom, two bath condo is newly rebuilt, enlarged and remodeled. Across from Koch Park, it offers expansive views of Aspen Mountain and tranquil residential living. Design features include elegant, open and spacious living areas, heated hard wood floors, gourmet kitchen wine captain, Jacuzzi tub, custom gas fireplace and covered balcony. Beautifully landscaped, there are two assigned parking spaces and extra storage and a ski locker onsite.” 2012 Taxes: $3,806; HOA Dues: $600 Mo. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 02/19/2013; Sold Date: 04/22/2013. (Photos and broker comments courtesy of Joshua & Co.)

MLS #114068 – Aspen, West Aspen, Aspen Highlands condo, 58 Exhibition Lane, Aspen, CO: Sold Price: $2,850,000/$630 sq ft furnished. More details below photos.

MLS #114068 – Aspen, West Aspen, Aspen Highlands condo, 58 Exhibition Lane, Aspen, CO: Sold Price: $2,850,000/$630 sq ft furnished; Asking Price: $2,999,000. (Original Price: $3,995,000and 1,223 days on the market since 12/11/2009.) Quite a deal !…This is a 2000 built, 4 bedroom/5 bath, 4,520 sq ft condo with 2 car garage. Broker comments are, “Wonderfully custom furnished with custom fixtures. Perfect layout. Fantastic media room, family room, office and views of Highlands. Dumb waiter and electric blinds. South facing with views and sun. Completely turn-key. Ritz-Carlton amenities for $3510/year. Price will increase January 1, 2013.” 2012 Taxes: $19,532; HOA Dues: $6,140 Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 01/09/2013; Sold Date: 04/17/2013. (Photos and broker comments courtesy of Joshua & Co.)

MLS #128760 – Snowmass Village, Melton Ranch single family home, 211 Terrace Drive, Snowmass Village, CO: Sold Price: $1,450,000/$482 sq ft partially furnished. More details below photos.

MLS #128760 – Snowmass Village, Melton Ranch single family home, 211 Terrace Drive, Snowmass Village, CO: Sold Price: $1,450,000/$482 sq ft partially furnished; Asking Price: $1,450,000. (Original Price: $1,795,000 and 393 days on the market since 04/18/2011.) This is a 1987 built, 4 bedroom/4 bath, 3,008 sq ft single family home with 2 car garage on 0.43 acres. Broker comments are, “Beautifully landscaped and impeccably maintained home in Melton Ranch. This four bedroom home offers views of Snowmass, Burnt Mountain and the Sky Mountain Open Space. Using solar assisted heating and skylights, this home is warm and bright without using a lot of electricity. This mountain home is all on one level–no steps in the entire home. There is a pull-through garage for easy parking, a large deck which is accessible by three sides of the home, and an office and a workshop, too.” 2012 Taxes: $5,478; HOA Dues: $120 Yr. Town of Snowmass Village Transfer Tax of approx.. 1.0% payable by buyer. Under Contract Date: 02/18/2013; Sold Date: 04/24/2013. (Photos and broker comments courtesy of Joshua & Co.)

MLS #117310 – Snowmass Village, Wood Run single family home, 313 Edgewood Lane, Snowmass Village, CO: Sold Price: $2,100,000/$535 sq ft furnished. More details below photos.

MLS #117310 – Snowmass Village, Wood Run single family home, 313 Edgewood Lane, Snowmass Village, CO: Sold Price: $2,100,000/$535 sq ft furnished; Asking Price: $2,495,000. (Original Price: $4,800,000 and 1,783 days on the market since 02/28/2008.) This is a 1969 built/2004 remodeled, 4 bedroom/4 bath/1 half bath, 3,923 sq ft single family home with 2 car garage on 0.73 acres. Broker comments are, “Great Views from this Mountain Contemporary Home in Wood Run. Three Levels, Five Wood Burning Fireplaces, Outdoor Hot Tub, three levels, great rental income producing property.” 2012 Taxes: $10,874; HOA Dues: $75 Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 02/20/2013; Sold Date: 04/19/2013. (Photos and broker comments courtesy of Alpine Real Estate.)

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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: “The Estin Report: State of the Aspen Real Estate Market, By Tim Estin, mba, gri, broker.”

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