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Aspen Real Estate Market 
Last Week’s Sales: Jan 28 – Feb 4, 24 – Week 5

Closed (10): MLS#s: 181999, 177028, 178430, 181187, 181577, 182054, 179584, 182026, 181890, 182025. This link is valid until 3/5/2024

Under Contract/Pending (11): LS#s: 180153, 181499, 174479, 176007, 181698, 182361, 182018, 182418, 180025, 182270, 182217.  This link is valid until  3/5/2024.

The Estin Report: 2023 Year in Review Aspen Snowmass real estate market report has just been released as a downloadable pdf in the Reports Section. See other Aspen real estate market weekly blog postings, the monthly 10-page market snapshots (Dec 2023 YTD). The print version 2023 Year in Review H2 & YR will be available about Feb 10th, 24 in brochure racks outside at Sotheby’s at 300 S Spring St #100 (my office) and Sotheby’s at 415 E. Hyman Ave, in racks around town and at the airport.  It can be downloaded as an online version in the Reports Section.

Sold Properties Last Week.

MLS # 181999 – Enclave @ Aspen, Central Core, 825 E Cooper Avenue, Aspen, CO; Sold Price: $14M/$3,906 sq ft. Furnished; Sold Date: 02/02/2024. More details below photos. 

MLS # 181999 – Enclave @ Aspen, Central Core, 825 E Cooper Avenue, Aspen, CO; Sold Price: $14M/$3,906 sq ft. Furnished; Sold Date: 02/02/2024. Ask Price: $15M (Original Price: $15M and on the market since 12/18/2023.) This is a 1994 built and 2018 remodeled, 4 bedroom 4 bath/1 half-bath, 3,584 sq ft townhome with 2 car garage on a 3,400 sq ft lot, or 0.08 acre. Tim’s comments: One of central Aspen’s prime located townhomes 2-3 blocks to the Aspen Mountain Gondola.  Remodeled in 2017/2018, featuring inviting living spaces, walk-to-everything convenience, views of Aspen Mountain, multiple master suites, elevator, 2-car garage, and landscaped common areas. Sold turn-key furnished. 2023 Taxes: $26,320; HOA Dues: $30,600. Under Contract Date: 12/24/2023; Sold Date: 02/02/2024. (Photos courtesy of Aspen Snowmass Sotheby’s International Realty)

MLS # 177028 – Townsite of Aspen, West End, 401 W Francis Street, Aspen, CO; Sold Price: $12.5M/$2,371 sq ft. Furnished; Sold Date: 02/01/2024. More details below photos. 

MLS # 177028 – Townsite of Aspen, West End, 401 W Francis Street, Aspen, CO; Sold Price: $12.5M/$2,371 sq ft. Furnished; Sold Date: 02/01/2024. Ask Price: $13.2M (Original Price: $13.95M and on the market since 10/03/2022.) This is a 1985 built, 5 bedroom 4 bath/1 half-bath, 5,271 sq ft single-family home with 2 car garage on a 6,000 sq ft lot, or 0.14 acre. Tim’s comments: Charming 5-bedroom West End home on a corner lot. Featuring a spacious Great Room with soaring ceilings, wood-burning fireplace, and abundant natural light. Separate den and living spaces with an open kitchen to the living room. Enjoy outdoor living with a private courtyard and large second-floor deck. Includes an oversized detached garage. 2021 Taxes: $20,929. Under Contract Date: 12/08/2023; Sold Date: 02/01/2024. (Photos courtesy of Coldwell Banker Mason Morse)

MLS # 178430 – West Aspen, 1152 Cemetery Lane, Aspen, CO; Sold Price: $9.7M/$2,797 sq ft. Furnished; Sold Date: 01/31/2024. More details below photos. 

MLS # 178430 – West Aspen, 1152 Cemetery Lane, Aspen, CO; Sold Price: $9.7M/$2,797 sq ft. Furnished; Sold Date: 01/31/2024. Ask Price: $9.9M (Original Price: $12M and on the market since 03/06/2023.) This is a 2013 built, 4 bedroom 4 bath/1 half-bath, 3,468 sq ft half duplex with 2 car garage. Tim’s comments: Last house on Cemetery Lane before Red Butte Dr with views of Red Mountain and Independence Pass. Contemporary airy design with oak, marble, and stone finishes. Upper level has kitchen and great room, leading to patio. Primary suite on entry level, with three guest suites on lower level. 2023 Taxes: $14,244. Under Contract Date: 01/12/2024; Sold Date: 01/31/2024. (Photos courtesy of Coldwell Banker Mason Morse)

MLS # 181187 – Townsite of Aspen, West Aspen, 1540 Silver King Drive, Aspen, CO; Sold Price: $7.75M/$2,219 sq ft. Unfurnished; Sold Date: 01/30/2024. More details below photos. 

MLS # 181187 – Townsite of Aspen, West Aspen, 1540 Silver King Drive, Aspen, CO; Sold Price: $7.75M/$2,219 sq ft. Unfurnished; Sold Date: 01/30/2024. Ask Price: $7.975M (Original Price: $7.975M and on the market since 09/27/2023.) This is a 2000 built and 2023 remodeled, 3 bedroom 3 bath/1 half-bath, 3,491 sq ft half duplex with 2 car garage on a 8,154 sq ft lot, or 0.19 acre. Tim’s comments: Sunny home in West Aspen, backing up to Red Butte Open Space. Close to bus service and trails. Remodel work includes upgraded patios, oak flooring, stone gas fireplaces, rough-hewn trusses, wine cooler, dumbwaiter, two laundry areas, and DaVinci cedar shake roof. Exclusive primary suite with private deck and office. Lower level includes media room, en suite bedrooms, ski- and mud-room, and garage access. Radiant heat, snowmelt driveway. 2023 Taxes: $14,979. Under Contract Date: 12/27/2023; Sold Date: 01/30/2024. (Photos courtesy of Compass)

MLS # 181577 – West Aspen, 982 Cemetery Lane, Aspen, CO; Sold Price: $3.875M/$1,704 sq ft. Unfurnished; Sold Date: 02/02/2024. More details below photos. 

MLS # 181577 – West Aspen, 982 Cemetery Lane, Aspen, CO; Sold Price: $3.875M/$1,704 sq ft. Unfurnished; Sold Date: 02/02/2024. Ask Price: $3.95M (Original Price: $3.95M and on the market since 11/02/2023.) This is a 1964 built and 2017 remodeled, 3 bedroom 3 bath, 2,273 sq ft duplex. Tim’s comments: Desirable half-duplex in Cemetery Lane neighborhood, minutes from town. Updated in 2018 with 3 bedrooms, 3 bathrooms, and private yard space. Close to Tot Lot Park, Aspen Golf Course, and free bus route to downtown. Recent improvements include new roof, siding, landscaping, and interior updates. Freshly painted exterior. Ideal for locals or part-timers. 2022 Taxes: $7,711. Under Contract Date: 12/20/2023; Sold Date: 02/02/2024. (Photos courtesy of Douglas Elliman Real Estate)

MLS # 182054 – Aspen Highlands, West Aspen, 25 Glen Eagles Road, CO; Vacant land / lot for sale,  Sold Price: $3.55M. Sold Date: 01/30/2024. More details below photos.

MLS # 182054 – Aspen Highlands, West Aspen, 25 Glen Eagles Road, CO; Vacant land / lot for sale,  Sold Price: $3.55M. Sold Date: 01/30/2024. Ask Price: $3.75M. (Original Price: $3.75M and on the market since 12/22/2023). Tim’s comments: Vacant homesite offering views of Highlands, Thunderbowl, and Pyramid Peak. Walking distance to Aspen schools, Aspen Recreation Center, and three ski areas. Easy access to downtown Aspen and Maroon Bells wilderness by bike or bus. Located in Pitkin County, avoiding city ordinances and transfer taxes. No HOA fees. 2022 Taxes: $23,870. Under Contract Date: 12/26/2023; Sold Date: 01/30/2024. (Photos courtesy of Aspen Snowmass Sotheby’s International Realty)

MLS # 179584 – Independence Square, Central Core, 404 S Galena Street 301, Aspen, CO; Sold Price: $1,050,000/$3,500 sq ft. Furnished; Sold Date: 01/29/2024. More details below photos. 

MLS # 179584 – Independence Square, Central Core, 404 S Galena Street 301, Aspen, CO; Sold Price: $1,050,000/$3,500 sq ft. Furnished; Sold Date: 01/29/2024. Ask Price: $1,099,000 (Original Price: $1.25M and on the market since 06/07/2023.) This is a 1889 built and 1987 remodeled, 1 bath, 300 sq ft hotel condo. Tim’s comments: Studio unit in Independence Square with west-facing views of Cooper Avenue. Convenient downtown Aspen location, one block from Silver Queen gondola. High ceilings, air conditioning, on-site management, and rooftop deck with jacuzzi. Excellent rental income. 2022 Taxes: $1,641; HOA Dues: $16,060 Yr. Under Contract Date: 01/08/2024; Sold Date: 01/29/2024. (Photos courtesy of Aspen Snowmass Sotheby’s International Realty)

MLS # 182026 – Wood Run, Snowmass Village, 1457 Wood Road, Snowmass Village, CO; Sold Price: $12.9M/$2,568 sq ft. Furnished; Sold Date: 01/31/2024. More details below photos. 

MLS # 182026 – Wood Run, Snowmass Village, 1457 Wood Road, Snowmass Village, CO; Sold Price: $12.9M/$2,568 sq ft. Furnished; Sold Date: 01/31/2024. Ask Price: $13.75M (Original Price: $13.75M and on the market since 12/20/2023.) This is a 1987 built and 2013 remodeled, 6 bedroom 6 bath, 5,023 sq ft single-family home with 2 car garage on a 42,942 sq ft lot, or 0.98 acre. Tim’s comments: Single family home with direct ski access to Adams Avenue ski trail on Snowmass Ski Mountain allowing for direct skiing to down to the Base Village and Snowmass Village Mall. Features flat yard, seasonal stream and pond, rooftop deck with 360-degree views, and gas heaters for year-round entertaining. 6 bedrooms, 6 bathrooms including a spacious primary suite and bunk room. Wraparound deck, lower patio, hot tub, 2022 Taxes: $25,208; HOA Dues: $200. Under Contract Date: 01/02/2024; Sold Date: 01/31/2024. (Photos courtesy of Christie’s International Real Estate Aspen Snowmass)

MLS # 181890 – Interlude, Snowmass Village, 70 Gallun Lane 206, Snowmass Village, CO; Sold Price: $2.3M/$2,486 sq ft. Furnished; Sold Date: 01/29/2024. More details below photos. 

MLS # 181890 – Interlude, Snowmass Village, 70 Gallun Lane 206, Snowmass Village, CO; Sold Price: $2.3M/$2,486 sq ft. Furnished; Sold Date: 01/29/2024. Ask Price: $2.5M (Original Price: $2.5M and on the market since 12/06/2023.) This is a 1972 built and 2022 remodeled, 2 bedroom 2 bath, 925 sq ft condo with assigned car garage. Tim’s comments: Rare 2-bed/2-bath Interlude condominium with stunning Snowmass Mountain views. Ski-in/ski-out access, fully remodeled in 2022 with high-end finishes and furnishings. Open floor plan, great rental history. Assigned covered parking, snow melt parking area, locked owner storage, and outdoor hot tub. 2022 Taxes: $2,475; HOA Dues: $17,124. Under Contract Date: 12/15/2023; Sold Date: 01/29/2024. (Photos courtesy of Christie’s International Real Estate Aspen Snowmass)

MLS # 182025 – Seasons 4, Snowmass Village, 35 Lower Woodbridge Road Unit H132, Snowmass Village, CO; Sold Price: $1.4M/$1,131 sq ft. Partial furnished; Sold Date: 02/02/2024. More details below photos. 

MLS # 182025 – Seasons 4, Snowmass Village, 35 Lower Woodbridge Road Unit H132, Snowmass Village, CO; Sold Price: $1.4M/$1,131 sq ft. Partial furnished; Sold Date: 02/02/2024. Ask Price: $1.4M (Original Price: $1.4M and on the market since 12/20/2023.) This is a 1971 built, 3 bedroom 1 bath, 1,237 sq ft condo. Tim’s comments: . Remodeled with solid cherry cabinets, granite slab countertops, glass and slate backsplash in kitchen, reclaimed elm wood floors, wood burning fireplace, mosaic marble tile, limestone floor, Kohler fixtures in bathrooms. Honeycomb blackout blinds in bedrooms, Snowmass Mountain views from living room window and deck. Amenities include pool and hot tub. Partially furnished. No rental restrictions. 2022 Taxes: $2,249; HOA Dues: $17,608. Under Contract Date: 01/02/2024; Sold Date: 02/02/2024. (Photos courtesy of Compass)

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