JenEngel

210 Sesame Street, Smuggler Mountain

7 bedrooms/7+ baths

.42 Acre Lot

Sold Price: $20,000,000 or $1808 per square foot

Asking Price: $29,995,000 (more…)

Prepared by the Aspen Board of Realtors, The Observer is a summary of government and business activity over the last month, with particular focus on issues that are important to the Aspen, Snowmass and Roaring Fork Valley Real Estate community. (more…)

155 Nighthawk Drive, Ridge of Red Mountain

4 bedrooms/3.5 baths

.7 Acre Lot

Sold Price: $4,050,000 or $999 per square foot

Asking Price: $3,950,000 (more…)

These sales were recorded in Pitkin County during the month of January 2011.  Please contact Jen Engel for more details or for a complete market analysis at 970/618-7319 or jen@jenengel.com.

Property (Photograph Shown Here): Lot 11, Wildcat Ranch, Snowmass Village
Sold Price: $17,750,000
Details: Situated on an amazing view lot, this 324 acre parcel with 10,000 square foot log residence included two separate guest houses and “toy barn” in the $17,750,000 sales price. Wildcat Ranch amenities include 25 miles of private trails, 50 acre stocked lake, and onsite ranch managers. (more…)

Real estate sales activity in Aspen and Pitkin County signaled a rebound in 2010.  The total volume of real estate sales was $1.26 billion for an increase of nearly 18 percent over 2009, according to Land Title Guarantee Co.’s year-end report.  Fourth quarter 2010 particularly showed an increase in activity.  Sales were up 56 percent in October, 45 percent in November and 54 percent in December.  Dollar volume was up in eight out of twelve months in 2010. (more…)

The Aspen Business Journal published an article today detailing the Aspen real estate community’s consensus on the market.  The article includes five broker’s opinions on the current state of the Aspen real estate market.  Read the article on the Aspen Business Journal website.

Two properties on South Seventh Street sold on Friday, January 20th, 2011.  Sales in this special location confirm that Aspen’s West End neighborhood is as desirable as ever. (more…)

Arrowhead Condo, Unit B, 520 S. Original, Aspen Central Core

3 Bedrooms/3 baths

1,900 Square Feet

Sold Price: $3,600,000 or $1895 per square foot

Asking Price: $3,950,000

Other Details:  Beautifully remodeled with top of the line finishes and high-end furnishings, this property had it all:  great downtown Aspen location overlooking Glory Hole Park just two blocks from the gondola, direct views of Aspen Mountain, small, quiet complex with renovated exterior, elevator, air-conditioning, radiant heat, two balconies and underground parking.

Aspen and Pitkin County Real Estate Sales Summary for the Month of November from Land Title Guarantee Company:

• $118,441,223 – total dollars for the month – increase of 45% from November 2009
• 66 total transactions for the month – decrease of 8% from November 2009
• Through November, dollars total $1,137,683,409 – increase of nearly 15% from same time period 2009 (more…)