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The Estin Report: Aspen Snowmass Weekly Sales and Statistics: Closed (4) and Under Contract/Pending (9): June 12 - 19, 2011

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Mason Morse Aspen broker Tim Estins complete AspenRealEstateBlog.com is released Monday mornings at his website and at times during the week. These postings at MM are condensed. For the latest Aspen real estate news, sales statistics and market activity, follow him on twitter @EstinAspen. He welcomes your business, inquiries and comments. Email him or call 970.920.7387.

Link to The Estin Report: Aspen Snowmass 2010 Year End Summary

Last Week's Market Highlights - Aspen Snowmass Real Estate Sales and Under Contract Activity: Last week's real estate sold and under contract activity appears below for the upper Roaring Fork Valley for all property types over $250,000 in Aspen, Snowmass Village, Woody Creek and Old Snowmass excluding fractionals. Because the MLS links below expire after 30 days, photos and written descriptions of the closed properties are posted at www.AspenRealEstateBlog.com to preserve an archive of sold market activity.

Under Contract / Pending (9): 121271, 121535, 119220, 119620, 112732, 120019, 113495, 120207, 110097. Link is valid for 30 days until 7/18/2011. Photos and descriptions of pending properties are not posted unless special circumstances dictate. The pending property featured below is noteworthy because it is the largest ski-in/out single family home available in Snowmass Village..

Closed (4): MLS # 120989, 120447, 111859, 118883. Link is valid for 30 days until 7/18/2011.

Featured Under Contract Snowmass Property Last Week

MLS # 120207 - Ski-in/ski-out single family homes, 916 Pine Crest Drive Snowmass Village, CO: Ask Price: $ 19,750,000/$2,241 sq ft

MLS # 120207 - Ski-in/ski-out single family homes, 916 Pine Crest Drive Snowmass Village, CO: Ask Price: $ 19,750,000/$2,241 sq ft. (Original Price: $24,500,000 and 1,600 days on the market since 02/11/07. Placed on market pre-construction.). This is a 2009 built 7 bedroom/7 bath/ 3 half bath, 8,812 sq ft home with 3-car garage on 5.67 acres. The broker's description is, "The ultimate family ski in/out retreat, the largest home available in all of Snowmass with 7 bedrooms and the ability to add more. Situated on nearly 6 acres abutting national forest. Impressive water features, pool, Jacuzzi, and home theater. A maze of summer hiking/biking trails right out your back door." 2010 Taxes: $43,070 Yr; HOA Dues: $5,4040 Yr. Under contract date:06/09/11. Town of Snowmass Village Transfer Tax of 1% payable by buyer. (Photos and description courtesy of Morris & Fyrwald, Sotheby's Intl Realty.)

Disclaimer: The statements made in The Estin Report represent the opinions of the author not Mason Morse Real Estate. They should not be relied upon exclusively to make real estate decisions. Information concerning particular real estate opportunities can be requested from Tim Estin at 970.920.7387 or email. A potential buyer is advised to make an independent investigation of the market and of each property before deciding to purchase. 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. The Estin Report is copyrighted 2011 and all rights are reserved. Use is permitted subject to the following attribution: "The Estin Report: State of the Market by Aspen broker Tim Estin mba, gri, www.EstinAspen.com".

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