Aug 26 – Sept 2, 2018 Estin Report: Last Week’s Aspen CO Homes for Sale and Snowmass Real Estate Sales & Stats: Closed (7) + Under Contract / Pending (17).

The July 2018 Estin Report Aspen Market Snapshot was posted in Current Reports on Aug 8, 2018. The Aug 2018 snapshot will be posted on Tues, Aug 4th.

Just released Bi-Annual – Estin Report: Aspen Snowmass Real Estate 2018 YTD and 2017 YR


June 2018 Aspen Real Estate Market Snapshot Reports – the Estin Report June 2018 Monthly Snapshot was released Tues 7/12/18 in the Current Reports Section. 
 These detailed statistical market snapshots are usually released on or about the 1st Monday of the month.

Blog Post: Aug 26 – Sept 2, 2018 Aspen CO real estate market activity, Week 35

Weekly Aspen and Snowmass CO real estate sales activity appears below for sold and under contracts properties in the upper Roaring Fork Valley over $250,000 – for Aspen, Snowmass Village, Brush Cr Village, Woody Creek and Old Snowmass. Fractional sales are not included. Photos and written descriptions of sold properties are posted here as the MLS links below expire after 30 days. For earlier dates, see the Estin Report blog archives starting in 2008 at the bottom of the page. Or use SearchEstinAspen in the menu bar to search by topic, address, subdivision, complex, date, etc.  If it’s about Aspen real estate, the information should be here.

Closed (7):  MLS#s: 145161, 147284, 148928, 150818, 151895, 153214, 154112, 154785. This link is valid until 10/2/2018.

Under Contract/Pending (17)MLS#s: 151858, 145755, 145756, 149335, 149817, 149930, 152017, 153150, 153177, 154539, 155476, 155484, 155638, 155757, 155837, 155871, 155876. This link is valid until 10/2/2018.

Sold Properties Last Week:

MLS #145161 – Wildcat Ranch, 5941 Lake Wildcat Road, Snowmass Village, CO. Single Family 13,000 sq ft home on 500 acres: Sold Price: $9,000,000/$688 sq ft; unfurnished. More details below photos.

MLS #145161 – Wildcat Ranch, 5941 Lake Wildcat Road, Snowmass Village, CO. Single Family 13,000 sq ft home on 500 acres: Sold Price: $9,000,000/$688 sq ft; unfurnished. Snowmass Village homes for sale. Ask Price: $12,900,000. (Original Price: $37.5M and on the market since Oct. 2008… 10 years and -76% closed price later.) [Tim’s notes: This is an extreme example of value capture outside the Aspen roundabout. If you are an Aspen area buyer seeking value – ‘good’ buys – look outside of the Aspen Core, West End and Red Mountain for beautiful homes and properties at far more reasonable price tags.]  This is a 2002 built, 9 bedrooom/11 bath/1 half-bath, 13,065 sq ft single family home with 4+ car garage on a 501 acres lot. Broker comments are “A new beginning in the wilderness of Wildcat Ranch (History and FAQS). Live and thrive in the unique cabin overlooking Wildcat Lake while you create your own style in the main house. The cabin is fully furnished in a western motif. Great views, four bedrooms, four baths, deck, hot tub, two-car garage. The main house, designed by Bill Poss, is totally unfurnished. Your opportunity to bring your own taste to life … without having to build from scratch. Bring your ideas, interior designer and you’re good to go.” 2017 taxes: $123,609; HOA Dues: $113,870 per Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 08/10/2018; Sold Date: 08/31/2018. For the full listing and price history*, see the bottom of this post. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Snowmass Village)

MLS #147284 – Same property as above sold as land: Wildcat Ranch, 5941 Lake Wildcat Road, Snowmass Village, CO. Single Family 13,000 sq ft home on 500 acres: Sold Price: $9,000,000/$688 sq ft; unfurnished. More details below photos.

MLS #147284 – Same property as above sold as land: Wildcat Ranch, 5941 Lake Wildcat Road, Snowmass Village, CO. Single Family 13,000 sq ft home on 500 acres: Sold Price: $9,000,000/$688 sq ft; unfurnished. Snowmass Village ranches for sale. Ask Price: $12,900,000. (Original Price: $21,500,000 and 745 days on the market since 07/12/2016.) This is a 501 acres ranch. Broker comments are “A new beginning in the wilderness of Wildcat Ranch (History and FAQS). Live and thrive in the unique cabin overlooking Wildcat Lake while you create your own style in the main house. The cabin is fully furnished in a western motif. Great views, four bedrooms, four baths, deck, hot tub, two-car garage. The main house, designed by Bill Poss, is totally unfurnished. Your opportunity to bring your own taste to life … without having to build from scratch. Bring your ideas, interior designer and you’re good to go.” 2017 taxes: $123,609; HOA Dues: $113,870 per Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 08/10/2018; Sold Date: 08/31/2018. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Snowmass Village)

MLS #148928 – West End, 333 W Bleeker Street, Aspen, CO: Sold Price: $5,425,000/$2,615 sq ft; furnished. More details below photos.

MLS #148928 – West End, 333 W Bleeker Street, Aspen, CO: Sold Price: $5,425,000/$2,615 sq ft; furnished. Aspen homes for sale. Ask Price: $5,495,000. (Original Price: $5,750,000 and 476 days on the market since 05/12/2017.) This is a 1909 built and 2016 remodeled, 3 bedroom/2 bath/1 half-bath/1 den, 2,074 sq ft single family home with 1 car garage on a 6,000 sq ft lot. Broker comments are “Unique opportunity to own a quintessential Historic Aspen Victorian in the west end! Three bedroom, two and one half bath with plans in place and previously approved by zoning and HPC for expansion. This elegant home features a spacious open living area with all new contemporary furnishings and hardwood floors. The 6,000 square foot lot offers a tremendous back yard with great entertaining space and wonderful southern exposure. Over-sized one car garage has good storage areas. This property is historic yet incredibly chic. Great first entry price point to get into the fabulous west end. Tons of upside with the expansion and plans. Current plans are for a total of 3,547 square feet; lower level expansion could be larger (up to 2,545 square feet).” 2016 taxes: $7,825. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 07/26/2018; Sold Date: 08/31/2018. (Photos and broker comments courtesy of Whitman Fine Properties)

MLS #154785 – Smuggler Area, 520 Spruce Street, Aspen, CO: Sold Price: $4,750,000/$1,555 sq ft; unfurnished. More details below photos.

MLS #154785 – Smuggler Area, 520 Spruce Street, Aspen, CO: Sold Price: $4,750,000/$1,555 sq ft; unfurnished. Aspen townhomes for sale. Ask Price: $4,995,000. (Original Price: $4,995,000 and 241 days on the market since 01/29/2018.) This is a 2018 built, 4 bedroom/5 bath/1 half-bath, 3,054 sq ft townhome with 1 car garage on a 7,500 sq ft lot. Broker comments are “On a large parcel with direct views of Aspen Mountain sits this brand new contemporary townhome. Nestled on the north side of Aspen within easy walking distance to the Smuggler trailhead and the Oklahoma Flats/Rio Grande trails, this location is wonderfully convenient for walking to downtown Aspen or catching the free shuttle for a supreme and hassle-free ski experience. ”Townhome A” comprises 3,054 sq ft of living space on three levels with 4 bedrooms and 5.5 baths, upper level living spaces and kitchen to capture the views and natural light, a lower level family room, dumb waiter, vaulted ceilings, custom Italian-designed and manufactured cabinetry and tiles, high end appliances, large single car garage, inviting deck, and abundant storage. sWell priced for brand new construction in a downtown Aspen location. You will be pleasantly surprised.” 2018 taxes: $1,867. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 07/17/2018; Sold Date: 08/30/2018. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #151895 – Queen Victoria, Central Core, 916 E Hopkins Avenue 001, Aspen, CO: Sold Price: $2,750,000/$1,527 sq ft; partial-furnished. More details below photos.

MLS #151895 – Queen Victoria, Central Core, 916 E Hopkins Avenue 001, Aspen, CO: Sold Price: $2,750,000/$1,527 sq ft; partial-furnished. Aspen condos for sale. Ask Price: $2,995,000. (Original Price: $3,300,000 and 274 days on the market since 11/27/2017.) This is a 1972 built and 2011 remodeled, 3 bedroom/2 bath/1 half-bath, 1,800 sq ft condo with 1 car garage. Broker comments are “Central location on the Roaring Fork River. Garage parking, large square footage and small private yard. This property has it all. Sold partially furnished, move in ready or rent with a rental history of over $110,000 per year.” 2016 taxes: $5,091; HOA Dues: $2,500 per Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 06/27/2018; Sold Date: 08/28/2018. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty – Durant)

MLS #150818 – Country Club Villas, 150 Snowmass Club Circle Unit 1634, Snowmass Village, CO: Sold Price: $695,000/$723 sq ft; furnished. More details below photos.

MLS #150818 – Country Club Villas, 150 Snowmass Club Circle Unit 1634, Snowmass Village, CO: Sold Price: $695,000/$723 sq ft; furnished. Snowmass Village condos for sale. Ask Price: $695,000. (Original Price: $695,000 and 355 days on the market since 08/28/2017.) This is a 1987 built and 2000 remodeled, 2 bedrooom/2 bath, 960 sq ft condo. Broker comments are “Much sought after top floor two bedroom, with vaulted ceilings and direct views of Mt. Daly and Snowmass Ski Area. Includes membership to the Snowmass Club, a short walk across the street, with $35/round golf, tennis, pools, spa and fitness center. Can short-term rent or keep as your own getaway. Cross country ski trails directly out your door; access to 4 ski areas; plus golf and tennis, make this the perfect year-round resort.” 2017 taxes: $2,253; HOA Dues: $2,992 per Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 03/30/2018; Sold Date: 08/29/2018. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Snowmass Village)

MLS #153214 – Woodbridge Condos, 35 Upper Woodbridge Road 29AB, Snowmass Village, CO: Sold Price: $440,000/$486 sq ft; partial-furnished. More details below photos.

MLS #153214 – Woodbridge Condos, 35 Upper Woodbridge Road 29AB, Snowmass Village, CO: Sold Price: $440,000/$486 sq ft; partial-furnished. Snowmass Village condos for sale. Ask Price: $479,000. (Original Price: $489,000 and 161 days on the market since 03/22/2018.) This is a 1973 built and 2000 remodeled, 2 bedrooom/2 bath, 904 sq ft condo. Broker comments are “Located on the building’s first level affords ease of access. Enjoy views looking east toward the Continental Divide from the covered deck. Walking distance to and from the ski bridge accessing Assay Hill at the foot of Snowmass ski area. The Snowmass free shuttle stop is a stone’s throw away. The Snowmass Center with grocery store, post office, restaurant, etc. is within a five minute walk. Assessments include all utilities. Owner allowed pet. *Special assessment of $1,050 per quarter for replacement of roofs, boilers and water heaters until June 2021. Buyer shall assume remaining balance at closing. Property is being offered partially furnished.” 2017 taxes: $1,585; HOA Dues: $2,805 per Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 07/16/2018; Sold Date: 08/30/2018. (Photos and broker comments courtesy of Berkshire Hathaway HomeServices | Aspen Snowmass Properties)

MLS #154112 – Seasons 4 Condos, 35 Lower Woodbridge G-125, Snowmass Village, CO: Sold Price: $365,000/$529 sq ft; partial-furnished. More details below photos.

MLS #154112 – Seasons 4 Condominiums, 35 Lower Woodbridge G-125, Snowmass Village, CO: Sold Price: $365,000/$529 sq ft; partial-furnished. Snowmass Village condos for sale. Ask Price: $385,000. (Original Price: $375,000 and 99 days on the market since 05/16/2018.) This is a 1971 built, 1 bedrooom/1 bath, 689 sq ft condo. Broker comments are “Sweet one bedroom + 2 bunk condo. Super light & bright, deck off dining area, wood burning fireplace & extra storage. Complex has pool, hot tub, sauna & easy shuttle to skiing. An excellent mountain get-away or local’s pad. Dog allowed for owners.” 2018 taxes: $991; HOA Dues: $1,320 per Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 06/29/2018; Sold Date: 08/23/2018. (Photos and broker comments courtesy of McKinley Sales)

*Property and Listing History
5941 Lake Wildcat Road, Snowmass Village, CO 81615
MLS #145161 – Wildcat Ranch, 5941 Lake Wildcat Road, Snowmass Village, CO. Single Family 13,000 sq ft home on 500 acres: Sold Price: $9,000,000/$688 sq ft; unfurnished. Most recent ask price: $12,900,000. (Original Price: $37.5M and on the market since Oct. 2008… 10 years and -76% closed price later.) [Tim’s notes: This is an extreme example of value capture outside the Aspen roundabout. If you are an Aspen area buyer seeking value – ‘good’ buys – look outside of the Aspen Core, West End and Red Mountain for beautiful homes and properties at far more reasonable price tags.]

MLS # Status Price % Change Date DOM Address

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