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: August 2012 Market Snapshot Aspen Snowmass Real Estate (link to exec. summary , full charts and tables. rev. v6 posted Sept. 4, 12. See Pg 2 for Summer 2012 versus Summer 2011 comparison).

Excerpt: Summer 2012 compared to summer 2011:

Posted Sept. 4, 12. The Estin Report © August 2012 www.EstinAspen.com

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 closed properties with excellent photography are posted here to preserve an archive of sold market activity. For sales in the past month, scroll down; for earlier dates, use the down arrow and search by time period.

Under Contract / Pending (9): MLS #: 125865, 126646, 125959, 120501, 127087, 125768, 123136, 126698, 121258. This link is valid for 30 days until 10/09/2012. Photos and descriptions of under contracts are not posted unless special circumstances or significance dictate.

Closed (8): MLS # : 122431, 127099, 127062, 113995, 122850, 116731, 116095, 125385. This link is valid for 30 days until 10/09/2012.

Aspen Snowmass Solds Last Week:

MLS #126095 – Aspen, East Aspen, new Aspen Grove single family home, 161 Mcskimming Road, Aspen, CO: Sold Price: $6,550,000/$1,188 sq ft unfurnished. More details below photos.

MLS #126095 – Aspen, East Aspen, Aspen Grove single family home, 161 Mcskimming Road, Aspen, CO: Sold Price: $6,550,000/$1,188 sq ft unfurnished; Asking Price: $6,950,000. (Original Price: $6,950,000 and 74 days on the market since 06/22/2012.) This is a 2012 built, 5 bedroom/6 bath/1 half bath, 5,512 sq ft single family home with 2 car garage on 0.42 acres. Broker comments are, “A brand new home that integrates the Best of Aspen-contemporary excellence, mountain luxury, and state of the art environmental excellence all set in timeless Aspen. This home, surrounded by Aspen trees yet only blocks from Aspen’s core, embodies Aspen’s future and past. There is nothing old about this house; from the environmentally-conscience finish materials or the solar systems that will save on energy costs well into the future to the electric car that comes with the house and offers free parking just a few blocks away in Aspen’s core of town.” 2011 Taxes: $16,729. Under Contract Date: 07/19/2012; Sold Date: 09/04/2012. (Photos and broker comments courtesy of Coldwell Banker Mason Morse.)

MLS #113995 – Red Mountain, Pitkin Green single family home, 234 Magnifico Road, Aspen, CO: Sold Price: $14,000,000/$1,765 furnished. More details below photos.

MLS #113995 – Red Mountain, Pitkin Green single family home, 234 Magnifico Road, Aspen, CO: Sold Price: $14,000,000/$1,765 furnished; Asking Price: $14,750,000. Original Price: $18,900,000 and 1,007 days on the market since 12/04/2009. This is a beautiful 2006 built/2008 remodeled, 5 bedroom/6 bath/2 half bath, 7,930 sq ft single family home with 2 car garage on 0.79 acres. Broker comments are, “Situated front row on Red Mtn, this exquisite property boasts knock–your–socks–off panoramic views from Indy Pass to Mt. Sopris, incl. all 4 ski areas. The newly constructed mtn contemporary home was luxuriously designed with every expected amenity & only the finest finishes throughout. Perfect vacation home with connecting rooms for family & friends, & great entertaining spaces including gathering areas, 2 bars, & a game room. Open floor plan, main level master suite, 3 gas fireplaces, office, exercise room, wine room, state of the art A/V system, stone accents, exposed wood beams, vaulted ceilings, hardwood floors, all day sun, dog wash, large deck with wood-burning fireplace, patio with hot tub, & full landscaping for privacy.” 2011 Taxes: $26,404; HOA Dues: $1,600 Yr. Under Contract Date: 07/23/2012; Sold Date: 09/06/2012. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #122431 – Aspen, West End single family home, 701 N. Third Street, Aspen, CO: Sold Price: $2,525,000/$1,197 sq ft partially furnished. More details below photos.

MLS #122431 – Aspen, West End single family home, 701 N. Third Street, Aspen, CO: Sold Price: $2,525,000/$1,197 sq ft partially furnished; Asking Price: $2,695,000. (Original Price: $3,300,000 and 400 days on the market since 08/15/2011.) This is a 1888 built/2010 remodeled, 2,108 sq ft single family home with 1 car garage on 0.11 acres. Superb location with remodel potential -or not – but with Aspen Historic Preservation Commission (HPC) parameters for renovation. Broker comments are, “Residing on a corner lot, this charming light-filled home encompasses 2,108 sq. feet of living space with the ability to add almost 1000 sq feet above grade along with sub-grade exempt square footage. The residence, offering 2 bedrooms and 2 baths all one level with a loft 3rd bedroom, features an elegant, timeless decor. A gourmet kitchen features a large island and a window-seat dining area. A separate formal dining room offers natural light from the skylights and wrap around windows and doors that extend to an outdoor deck for sun drenched lounging, dining and outdoor grilling by a fireside. The living room features two seating areas built-in bookcases, vaulted ceilings with skylights, built-in bookcase, a wood burning fireplace and creates a space that welcomes the ambiance of the outdoors. The rooftop deck boasts 360 degree views. One-car garage, additional off- street parking and additional storage. ” 2011 Taxes: $6,629. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 07/05/2012; Sold Date: 09/04/2012. (Photos and broker comments courtesy of Coldwell Banker Mason Morse.)

MLS #127062 – Aspen, West Aspen, Conundrum single family home, 299 Conundrum, Aspen, CO: Sold Price: $1,880,000/$577 sq ft unfurnished. More details below photos.

MLS #127062 – Aspen, West Aspen, Conundrum single family home, 299 Conundrum, Aspen, CO: Sold Price: $1,880,000/$577 sq ft unfurnished; Asking Price: $1,880,000. (Original Price: $1,880,000 and 15 days on the market since 09/04/2012.) This is a 1982 built, 3 bedroom/3 bath/1 half bath, 3,255 sq ft single family hme on 4 acres located approx. 4.5 miles up Castle Creek from the roundabout. No broker comments in MLS. 2011 Taxes: $3,977. Under Contract Date: 08/16/2012; Sold Date: 08/30/2012. (Photos courtesy of Aspen Sales & Rentals.)

MLS #122850 – Aspen, West Aspen, Five Trees single family lot, 779 Moore Drive, Aspen, CO: Sold Price: $1,600,000/$695,652 ac. More details below photos.

MLS #122850 – Aspen, West Aspen, Five Trees single family lot, 779 Moore Drive, Aspen, CO: Sold Price: $1,600,000/$695,652 ac; Asking Price: $1,650,000. (Original Price: $1,850,000 and 343 days on the market since 09/27/2011.) This is a 2.3 acre single family lot located in Five Trees subdivision near Aspen Highlands ski mountain. The Five Trees area is notable for its larger, newer built ski access homes with its own dedicated ski lift to Aspen Highlands ski area and its proximity to the full athletic offerings of the Aspen Recreation Center (ARC) and Aspen Community Parks and Recreation tennis courts and playing fields. Broker comments are, “Rare 2 + acre lot with stunning downvalley views. Build up to a 10,000 square foot home (6000 sq ft above grade and 4000 sq ft below grade plus a 250 sq ft garage). Viewing platform currently on site.” 2011 Taxes: $40,329; HOA Dues: TBD. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 08/14/2012; Sold Date: 09/04/2012. (Photos and broker comments courtesy of Coldwell Banker Mason Morse.)

MLS #125385 – Aspen, Central Core, Gant condo, 610 S. West End Street D101, Aspen, CO: Sold Price: $1,037,000/$1,063 sq ft furnished. More details below photos.

MLS #125385 – Aspen, Central Core, Gant condo, 610 S. West End Street D101, Aspen, CO: Sold Price: $1,037,000/$1,063 sq ft furnished; Asking Price: $1,090,000. (Original Price: $1,090,000 and 112 days on the market since 05/11/2012.) This is a 1972 built/2011 remodeled, 2 bedroom/2 bath, 975 sq ft condo in the full service and amenties Gant Condominium complex. Broker comments are, “Beautifully renovated, top of the line finishes with w/d. New furnishings and appliances. Ground floor unit close to shuttle stop with no stairs for easy access. Corner end unit with extra windows for added light and sense of space. Wood burning fireplace and extra large outside patio space for lounging. Enjoy the comforts of home & the unparalleled services of this premier condominium complex, including valet & bell service, personalized concierge, child care, daily housekeeping, fitness center, two year-around heated pools, three spa tubs, five tennis courts, access to the Aspen Club & Spa, ski storage, & tuning, high speed internet, business/ conference center & complimentary in-town transportation.” 2011 Taxes: $2,948; HOA Dues: $21,992. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 08/08/2012; Sold Date: 08/31/2012. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #116731 – Aspen, Central Core, Aspen Wild condo, 101 E. Cooper 201, Aspen, CO: Sold Price: $630,000/$812 sq ft furnished. More details below photos.

MLS #116731 – Aspen, Central Core, Aspen Wild condo, 101 E. Cooper 201, Aspen, CO: Sold Price: $630,000/$812 sq ft furnished; Asking Price: $659,000. (Original Price: $898,000 and 1,7444 days on the market since 02/02/2006.) This is a 1978 built/2007 remodeled, 1 bedroom/1 bath, 775 sq ft condo. Broker comments are, “Perfect for your discerning client, this 1 bedroom, 1 bath pied-a-terre has just been completely remodeled in a clean contemporary design. Enjoy views of Aspen Mountain as well as Red Mountain from your private large deck. Located next to Koch Park and only 2 blocks from town.” 2011 Taxes: $2,320; HOA Dues: $850 Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 07/29/2012; Sold Date: 09/04/2012. Under Contract Date: 0/29/2012; Sold Date: 09/04/2012. (Photos and broker comments courtesy of Aspen Associates.)

MLS #127099 – Aspen, West End, 513 Main Street E-102, Aspen, CO: Sold Price: $635,000/$1,156 sq ft unfurnished. More details below photos.

MLS #127099 – Aspen, West Side, Christiana Lodge Condos, 513 Main Street E-102, Aspen, CO: Sold Price: $635,000/$1,156 sq ft unfurnished; Asking Price: $635,000. (Original Price: $635,000 and 11 days on the market since 09/06/2012.) This is a 2007 built, 1 bedroom/1 bath, 549 sq ft condo. No broker comments in MLS. 2011 Taxes: $1,116; HOA Dues: $6,473 Yr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 09/04/2012; Sold Date: 09/05/2012. (Photo courtesy of Coldwell Banker Mason Morse.)

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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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