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The Estin Report: Aspen Snowmass Weekly Sales and Statistics: Closed (5) and Under Contract (8): Aug 7 - 14, 11

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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 MM postings 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: 1st Half 2011 State of the Aspen Market (released 07/14/11)

See "Mega-mansion Deals Spur Rebound in Aspen Market" , 07/17/11 Sunday Business, Grand Junction Sentinel

Last Week's Market Highlights - Aspen Snowmass Real Estate Sales and Under Contracts appear 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 expire after 30 days, photos and written descriptions of the closed properties are posted at my website to preserve an archive of sold market activity.

Under Contract / Pending (8): MLS# 119541, 108084, 121591, 116889, 114194, 120083, 120156, 121213. Link is valid for 30 days until 9/13/2011. Photos and descriptions of under contracts /pending are not posted unless special circumstances dictate.

Closed (5): MLS#'s 117462, 119620, 112732, 117543, 120223. This link is valid for 30 days until 9/13/2011.

Featured Sold Aspen Property MLS# 117543 - single family home, 44010 E Highway 82 Aspen, CO: Sold Price: $13,500,000/$1,637 sq ft furnished: In the past 8 weeks, there has been activity on (5) homes in the East Aspen/Independence Pass Hwy 82 corridor: (3) homes have closed at $6.17M -$13.5M and (2) others listed at $4.95M and a 7.95M river front property are under contract. ( See details and photos on North Star sales activity: MLS 118982, 108407, 119541, 112459, 117543. Link valid for 30 days until 9/14/11.) This low traffic North Star Preserve area is 1 - 2 1/2 miles from downtown Aspen and offers unmatched nature and scenic sightings this close to town. A prime North Star view front land parcel with rights to build up to a 10,750 sf home is available (MLS #117832 Link valid for 30 days until 9/14/11. Contact: Tim Estin 970-920-7387.)

MLS# 117543 - single family home, 44010 E Highway 82 Aspen, CO: Sold Price: $13,500,000/$1,637 sq ft furnished; Ask Price: $15,950,000/$1,933 sq ft. (Original Price: $19,950,000 and 389 days on the market since 7/22/10.) This is a 2010 built, 6 bedroom/6.5 bath, 8,250 sq ft home with 3-car garage on 2.3 acres surrounded on three sides by the 310 acre North Star Nature Preserve. The broker writes, "Irreplaceable site adjucent to Northstar Preserve with exceptional new home, privacy, views, water rights and guest house." 2009 Taxes: $10,761 Yr. Under contract date: 08/01/11; Sold date: 08/11/11. (Photos and description courtesy of Joshua & CO of Aspen, Inc.)

Disclaimer: The statements made in The Estin Report and on Tim Estin's blog represent the opinions of the author not Mason Morse. They hould 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 by email. The Estin Report is copyrighted 2011 and all rights reserved. Use is permitted subject to the following attribution: "The Estin Report: State of the Aspen Market, By Tim Estin, mba, gri, www.EstinAspen.com"

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