Ten Million Dollar Aspen Sale this Week

Posted on August 21, 2015 by Mary Kate

Happy Friday from Aspen! The weather rules this week. We're getting a little smoke from the West Coast forest fires, but otherwise it's another beautiful day in the Roaring Fork Valley. We had so much fun hosting Stage 3 & 4 of the USA Pro Cycling Challenge bike race here in Aspen. Congrats to Kiel Reijnen and Team UHC for repeating in Aspen. I climbed up Independence Pass yesterday morning to cheer the racers over the top. It was such a fun scene up there and no cars. I loved seeing so many friends out on their bikes. It's so impressive the racers go to the top in an hour.

I wanted to give you a brief update on the week in Aspen Real Estate:

Market Update Three properties closed in Aspen this week. The highest sale was, 110-116 Difficult Lane, it closed for $10.5 million. 1430 Crystal Lake Road closed for $2.4 million and Unit #214 at Hunter Creek closed for $513,000. 120 Red Mountain Road, listed by Aspen Snowmass Sotheby's International Realty, went under contract yesterday. The property is listed for $8,900,000, $2,145 list per per sq. ft. This is another Starwood Ventures Friedland project with a new contemporary Kim Raymond design overlooking Hunter Creek. 1419 Crystal Lake Road, listed by Weaver & Briscoe, the former Butera property, also went under contract this week. The property is listed for $13,000,000, $1,629 list price per sq. ft. Great river setting, but new owner will have to endure the new Aspen Club Living development the next few years, but in the end will have a brand new sixty million athletic club across the river. There are currently 51 properties under contract in Aspen compared to 38 in Basalt and 20 in Snowmass. 354 properties are listed in Aspen today with 65 priced over ten million. The summer has been a little slower, but sales will pick up in September and October and I think we will still have a strong finish to the summer selling season. I am ready for it!

Open House at Timber Ridge 1-E I am hosting an open house today, August 21st from 3-5 pm at Timber Ridge 1-E located in the Aspen Core. This is a 680 SF, one bedroom/one bathroom condo located at the base of lift 1-A. Click here to check it. Can't wait to see you there! enter image description here Have a great weekend. If you would like a complete market report please call or email anytime. I am an expert on the Roaring Fork Real Estate market and am ready to help you. Enjoy your weekend.

CK

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Happy Friday! August Aspen Real Estate Report

Posted on August 14, 2015 by Mary Kate

Happy Friday!

Aspen is still in full summer swing, hotels are at 100% occupancy with visitors and adventurers here to enjoy the outdoors as well as music, art and activities. We’ve had lots of sunshine and perfect temperatures this week. I have been taking advantage of the summer by hosting many open house luncheons and lots of showings. Showing activity has really ramped up the past two weeks. This week was the busiest week of summer for me in terms of showings. I am excited to share an awesome new listing that I just launched, Timber Ridge 1-E.

We’ve had a strong start to August sales with another nearly $3,000 a sq. ft. sale at 250 Willoughby Way, a 9,196 sq. ft. brand new contemporary home on Red Mountain that traded this week for $26,723,833, $2,906 sold price per sq. ft and it’s uncompleted. 150 Difficult Lane also closed this week in Morningstar for 10.6 million, just over $2,000 a sq. ft. This was one of my favorite homes, a beautiful contemporary Zone 4 designed home on 2.25 acres overlooking the Roaring Fork River and Difficult wetlands with east facing views of Sunshine and New York Peaks. Here’s a look at August real estate activity in Aspen Snowmass and upcoming events. I listed this week Unit 1-E at Timber Ridge; I’ve already had a few great showings and a very busy open house. A complete Rowland + Broughton contemporary remodel was done to this spacious one-bedroom Aspen Condominium. I love the clever use of space - a Rowland + Broughton signature characteristic. It’s located at the base of South Aspen Street with easy ski access to Lift 1A – home of World Cup Ski Racing in Aspen, and the 2017 World Cup Finals. This 680 sq. ft. condo has bamboo flooring throughout, and Carrera Marble countertops and cherry cabinetry finishes in the kitchen. It’s sold furnished with modern Room and Board appointments. Low HOA dues, strong rental history with no short-term restrictions, and pets allowed for owners make this a versatile property that’s walking distance to everything Aspen.

 

CKF Leadville 100

Tomorrow I am racing in my sixth Leadville Trail 100 MTB Race. I’m proud to be racing with seventeen teammates in support of Chris Klug Foundation and organ and tissue donation awareness. We are raising funds and awareness to help the 123,000 people awaiting a life-saving transplant across our country today. I’m still doing some last minute fund raising if you want to support Team CKF, https://www.crowdrise.com/2015Leadville100MTBTeamCKF/fundraiser/chrisklug

My goal is to break eight hours and show the world what’s possible after a liver transplant. I celebrated fifteen years last week since my liver transplant at University Hospital in Denver. Tomorrow I race in honor of my donor family and to show the world what’s possible after a transplant.

The Ride for the Cure is also happening in Aspen tomorrow which tours some of the road biking classics in Aspen: Maroon Bells, Castle Creek, Owl Creek, Snowmass Creek and Capital Creek and back over McLain Flats. It’s a great ride for a good cause. The USA Pro Challenge returns to Aspen next week. On Wednesday, August 19th cyclist ride from Copper Mountain over Independence Pass finishing in downtown Aspen. Don’t plan any downtown Aspen showings that day because town will be shut down for a giant cycling party. Thursday racers head back over the pass out of town. Next weekend is the final weekend of the Aspen Music Festival. Throwing a blanket on the outside lawn with my family and enjoying a drink is a favorite summertime tradition. Also I’d recommend checking out the new Hummingbird mountain bike trail in Hunter Creek Valley. The wildflowers are beautiful in the high country now too. Have a fun weekend. Call or email anytime if I can be of help in anyway. Enjoy the rest of your summer!

Thank you,

Chris Klug

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