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 Real Estate Market released Monday 10/22/12.

Click image for full report

The Estin Report: October 2012 Market Snapshot Aspen Snowmass Real Estate

released Nov. 7, 2012 v4.2

Click image for Oct. 2012 snapshot summary and 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 (9): MLS #: 124727, 126749, 126646, 125146, 123277, 127126, 125478, 126194, 126213. This link is valid for 30 days until 12/04/2012. Photos and descriptions of under contracts are not posted unless special circumstances or significance dictate.

Closed (8): MLS #: 121258, 125708, 124903, 126350, 122138, 126974, 123885, 125930. This link is valid for 30 days until 12/04/2012.

Aspen Snowmass Solds Last Week:

MLS #121258 – Aspen, West End single family home, 615 W. Francis Street, Aspen, CO: Sold Price: $7,350,000/$1,367 sq ft unfurnished. More details below photos.

MLS #121258 – Aspen, West End single family home, 615 W. Francis Street, Aspen, CO: Sold Price: $7,350,000/$1,367 sq ft unfurnished; Asking Price: $7,995,000. (Original Price: $8,295,000 and 791 days on the market since 06/29/2010.) This is a 2002 built, 6 bedroom/6 bath/1 half bath, 5,375 sq ft single family home with 1 car garage on 0.14 acres. Broker comments are, “This refreshingly modernist 6-bedroom West End home is comprised of dramatic design and exciting architecture with South facing views of Aspen Mountain. The open floor plan and large windows facilitate an airy, spacious feel, while incorporating a verdant green outdoor area with an artful interior. The Peter Gluck & Partners design is contemporary and clean with custom fixtures and quality finishes throughout. These include stone and wood floors, plaster walls, an elevator, and an electric fireplace. Recent improvements include a new roof and an energy efficient hot water radiant system as well as a new HVAC system. A leafy landscaped yard and expansive second floor deck with brise soleil and hooded grill allow spaces for peaceful relaxation and convenient entertaining off of the living room and kitchen.” 2011 Taxes: $13,849. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 10/12/2012; Sold Date: 10/30/2012. (Photos and broker comments courtesy of Coldwell Banker Mason Morse.)

MLS #125708 – Aspen, East Aspen, Knollwood single family home, 95 Westview Drive, Aspen, CO: Sold Price: $1,515,000/$789 sq ft partially furnished. More details below photos.

MLS #125708 – Aspen, East Aspen, Knollwood single family home, 95 Westview Drive, Aspen, CO: Sold Price: $1,515,000/$789 sq ft partially furnished; Asking Price: $1,695,000. (Original Price: $1,950,000 and 153 days on the market since 05/30/2012.) This is a 1969 built, 3 bedroom/3 bath, 1,920 sq ft single family home with 1 car garage on 0.4 acres. The home sold for lot value. Broker comments are, ” Excellent opportunity for land purchase in East Aspen with a useable home as a bonus. Outstanding lot on desirable street in Knollwood Subdivision with strinking views of Aspen Mountain. Plan your development while living in chalet style older home that has function and livability.” 2011 Taxes: $7,210. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 09/28/2012; Sold Date: 10/29/2012. (Photos and broker comments courtesy of Coldwell Banker Mason Morse.)

MLS #124903 – Aspen, West Aspen, Black Birch area at the end of Red Butte Dr, riverfront single family home, 1110 Black Birch Drive, Aspen, CO: Sold Price: $3,500,000/$1,627 sq ft unfurnished. More details below photos.

MLS #124903 – Aspen, West Aspen, Black Birch area at the end of Red Butte Dr, riverfront single family home, 1110 Black Birch Drive, Aspen, CO: Sold Price: $3,500,000/$1,627 sq ft unfurnished; Asking Price: $4,295,000. (Original Price: $4,595,000 and 430 days on the market since 07/14/2011.) This is a 1970 built/1982 remodeled, 4 bedroom/2 bath, 2,151 sq ft single family home with 2 car garge on 0.39 acres. This home sold at lot value. Broker comments are, “A choice, private, .4 acre lot on Castle Creek with mature trees, views of protected open space and over 140 feet of river frontage. Tucked away at the end of Black Birch Drive, the existing residence is comfortable and livable. The perfect base from which to plan a new home up to 4,400 sq. ft. of FAR.” 2011 Taxes: $8,660. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 04/03/2012; Sold Date: 10/24/2012. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #126350 – Aspen, West Aspen, Maroon Creek Club single family home, 353 Pfister Drive, Aspen, CO: Sold Price: $7,450,000/$836 sq ft unfurnished. More details below photos.

MLS #126350 – Aspen, West Aspen, Maroon Creek Club single family home, 353 Pfister Drive, Aspen, CO: Sold Price: $7,450,000/$836 sq ft unfurnished; Asking Price: $7,800,000. (Original Price: $10,250,000 and 495 days on the market since 05/29/2008.) This is a 2004 built, 6 bedroom/6 bath/1 half bath, 8,907 sq ft single family home with 2 car garage on 0.56 acres. Broker comments are, “Grand & well-heeled with a European Flair yet a modern twist, this Maroon Creek Club home has attention to detail that will impress you. Stone archways, pillars, his and her master baths, extensive wine room, Guest master on the main level, A/C and views are just a few things that set this home above the rest. Moments away from downtown Aspen, in the prestigious Maroon Creek neighborhood, and just a stroll away from Tiehack & the new high speed lift.” 2011 Taxes: $18,864; HOA Dues: $5,029 Yr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 10/10/2012; Sold Date: 10/26/2012. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #122138 – Aspen, Central Core, Gavilon condo, 935 E. Hopkins Avenue, Unit 4, Aspen, CO: Sold Price: $625,000/$1,126 sq ft furnished. More details below photos.

MLS #122138 – Aspen, Central Core, Gavilon condo, 935 E. Hopkins Avenue, Unit 4, Aspen, CO: Sold Price: $625,000/$1,126 sq ft furnished; Asking Price: $659,000. (Original Price: $1,095,000 and 829 days on the market since 09/24/2007.) This is a 1972 built/2006 remodeled, 555 sq ft studio with 1 bathroom. Broker comments are, “The ultimate studio in the perfect location. Completely turnkey. Hand scraped teak and granite floors with radiant heat. Ralph Lauren ‘suede’ walls. Custom cabinets. Granite countertops throughout. Subzero fridge and freezer. Jetted spa tub. Kohler, Hansgrohe, & Moen fixtures. Lumen dimmer/rocker switches. Custom furnishings. Silk bedding. Sony flat screen w Bose DVD sound system. Over $200,000 in improvements and furnishings. Low dues. Pets allowed for owners.” 2011 Taxes: $1,251; HOA Dues: 936 Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 09/26/2012; Sold Date: 10/31/2012. (Photos and broker comments courtesy of Setterfield & Bright.)

MLS #126974 – Snowmass Village, Crestwood condo, 400 Wood Road, #2216, Snowmass Village, CO: Sold Price: $805,000/$598 sq ft furnished. More details below photos.

MLS #126974 – Snowmass Village, Crestwood condo, 400 Wood Road, #2216, Snowmass Village, CO: Sold Price: $805,000/$598 sq ft furnished; Asking Price: $895,000. (Original Price: $895,000 and 68 days on the market since 08/27/2012.) This is a 1970 built, 3 bedroom/3 bath, 1,344 sq ft condo. Broker comments are, “Most coveted floor plan at the Crestwood. Two full living rooms, each with fireplace and patio. Sweeping views; just steps away to the slopes and the spa.” 2011 Taxes: $2,740; HOA Dues: $21,942 Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 10/10/2012; Sold Date: 10/31/2012. (Photos and broker comments courtesy of B.J. Adams & Co.)

MLS #123885 – Bank Owned Sale: Snowmass Village, Crestwood condo, 400 Wood Road, B2301, Snowmass Village, CO: Sold Price: $600,000/$458 sq ft unfurnished. More details below photos.

MLS #123885 – Bank Owned Sale: Snowmass Village, Crestwood condo, 400 Wood Road, B2301, Snowmass Village, CO: Sold Price: $600,000/$458 sq ft unfurnished; Asking Price: $649,900. (Original Price: $1,495 and 1,084 days on the market since 09/24/2009.) This is a 1970 built, 3 bedroom/3 bath, 1,310 sq ft condo. Broker comments are, “Top floor end unit Crestood condo features vaulted ceilings, large deck, great mountain views, gas fireplace, and easy access to the Base Village. Two bedrooms with two full baths, master bedroom with walk in closet, and third loft bedroom with bath. Crestwood offers excellent amenities including pool, hot tubs, workout facility, full time front desk, and rental assistance. HOA dues cover all utilities. Priced like a 2 bedroom, with 400 extra square feet and an extra bedroom and bath. Take a look.” 2011 Taxes: $2,691; HOA Dues: $4,469 Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. . Under Contract Date: 09/14/2012; Sold Date: 10/25/2012. (Photos and broker comments courtesy of Century 21 Mountains.)

MLS #125930 – Old Snowmass, Shield O Terrace single family lot, 51 Shield O, Snowmass, CO: Sold Price: $250,000. More details below photos.

MLS #125930 – Old Snowmass, Shield O Terrace single family lot, 51 Shield O, Snowmass, CO: Sold Price: $250,000. Asking Price: $269,000. (Original Price: $1,250,000 and 2,947 days on the market since 04/09/2007.) This is a 5.31 acre single family lot located in the Shield O Terrace subdivison in Old Snowmass. Broker comments are, “BIG views of the Snowmass Ski Area and surrounding valley. Private, elevated 5+ acre lot nestled in pinon and scrub oak. Extremely easy access on paved and plowed roads; protected and level building envelope. Only a short drive to civilization or hiking, biking and skiing. Activity envelope is currently expired but ready to re-activate. This lot was approved for 5,750 SF home. Well in place; water, survey, and soil reports are on-file. Seller motivated and taking more than 500K loss at asking price! You’ll never regret making it your gain. Activity envelope and building approval subject to Pitkin County Land Use Code (subject to change). Consult County officials or a local land use attorney/consultant for an exact determination.” 2011 Taxes: $9,598; HOA Dues: $750 Yr. Under Contract Date: 10/08/2012; Sold Date: 10/29/2012. (Photos and broker comments courtesy of McKinley Sales.)

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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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