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The Estin Report Aspen Snowmass Weekly Real Estate Sales and Statistics: Closed (9) and Under Contract (11): Apr 15 - 22, 2012

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Coldwell Banker Mason Morse Aspen broker Tim Estins complete post on the prior week's Aspen property sales is released Monday mornings at his website and at times during the week. The Estin Reports: State of the Aspen Market are available there also. These CBMM postings are condensed. For the latest Aspen real estate news, sales statistics and market activity, follow him on twitter @EstinAspen. He welcomes your inquiries, comments and business. Call 970.920.7387 or email: testin@masonmore.com

Last Week's Market Highlights - Aspen Snowmass real estate weekly sales statistics and under contract activity appears below for all Aspen, Snowmass Village, Woody Creek and Old Snowmass properties over $250,000 in the upper Roaring Fork Valley excluding fractionals. Because the MLS links below expire after 30 days, photos and written descriptions of closed properties with excellent photography are posted here to preserve a public archive of sold market activity. For past sales, scroll to page bottom and search by time period.

Market Commentary

Click image for executive summary and full report pdf

The Estin Report: Q1 2012 State of the Aspen Market was published yesterday, 4/22/12. My apology for the delay - unexpected family health issues came up over the past two weeks. Market activity for last week appears below.

Under Contract / Pending (11): MLS #118233, 118805, 114782, 123595, 124101, 123816, 123832, 123103, 121620, 123817, 120148. This link is valid for 30 days until 05/22/2012. Photos and descriptions of under contracts are not posted unless special circumstances or significance dictate.

Closed (9): MLS# 112798, 119123, 111786, 123709, 114962, 124301, 123426, 123935, 123633. This link is valid for 30 days until 05/22/2012.

Select Aspen Solds Last Week:

MLS #112798 - Aspen, West Aspen, Maroon Creek Ranch single family home, 2156 Maroon Creek Road, Aspen, CO: Sold Price: $3,000,000/$840 sq ft unfurnished. More details below photos.

MLS #112798 - Aspen, West Aspen, Maroon Creek Ranch single family home, 2156 Maroon Creek Road, Aspen, CO: Sold Price: $3,000,000/$840 sq ft unfurnished; Asking Price: $3,950,000. (Original Price: $5,500,000 and 970 days on the market since 08/25/2009. This is great deal for a lovely 1982 built/2000 remodeled, 4 bedroom/4 bath/1 half bath, 3,571 sq ft single family home on 5.5 acres with 2 car garage. Broker comments are, "This contemporary custom residence is as breathtaking as its views from Pyramid Peak to the ski runs of Aspen Highlands. This residence nestled on 5.5 acres features modern architecture with European influences and celebrates the art of living and entertaining. Encompassing 3,571 sq. ft. of stunning interiors, the home offers 4 bedrooms and 4 1/2 baths, large outdoor terraces and mature landscaping include the abundant water of Willow Creek. The highest quality construction and a distinctive eye for design, this chic mountain residence features walls of glass trimmed in Mahogany, light gray French limestone flooring and an open floor plan from which to enjoy the views - both inside and out. The gourmet kitchen has chef-grade appliances and custom Mahogany cabinetry. The living room features two seating areas on either side of the floor to ceiling zinc fireplace. The home includes numerous terraces finished in Colorado Sandstone for alfresco entertain year-round. All this and just a seven minute drive to the center of Aspen and a minute to Aspen Highlands." 2011 Taxes: $8,823. Under Contract Date: 03/18/2012; Sold Date: 04/17/2012. (Photos and broker comments courtesy of Coldwell Banker Mason Morse.)

MLS #119123 - Aspen, East Aspen, North Star Preserve single family home, 43995 Highway 82, Aspen, CO: Sold Price: $12,500,000/$1,162 sq ft unfurnished. More details below photos.

MLS #119123 - Aspen, East Aspen, North Star Preserve single family home, 43995 Highway 82, Aspen, CO: Sold Price: $12,500,000/$1,162 sq ft unfurnished; Asking Price: $16,750,000. (Original Price: $19,975,000 and 850 days on the market since 12/15/2010.) Overlooking the beautiful 310 acre North Star Nature Preserve, 2 miles eats of Aspen, this is a 2010 built, 6 bedroom/6 bath/3 half bath, 10,750 sq ft single family home on 5.2 acres with 3 car garage. Broker commentsare, "This architectural marvel soothes the senses and creates an inspired living environment. The gated entry introduces a very special, private setting, with poetic landscaping, water features, waterfall, hot tub and a fire pit. The homes interior abounds with fine amenities, including concrete and oak floors, Caesar stone counter tops, Gaggenau appliances, European cabinets, media room, wine room and solar thermal energy. The private master suite includes an office with full bath, which could be a sixth bedroom." 2011 Taxes: $19,136. Under Contract Date: 01/13/2012; Sold Date: 04/13/2012. (Photos and broker comments courtesy of Joshua & Co.)

Disclaimer: The statements made in The Estin Report and on Tim Estin's blog represent the opinions of the author not Coldwell Banker Mason Morse. Real Estate. They 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 testin@masonmorse.com. 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 Market, By Aspen broker Tim Estin, mba, gri."

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