JenEngel

West End Sale - Aspen

Address:  315 West Smuggler Street, West End
Listed Price: $8,650,000 Furnished
Sold Price: $8,200,000
Closing Date: August 30, 2010

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Address:  1490 Ute Avenue, Aspen
Listed Price:  $15,000,000
Sold Price:  $10,500,000
Closing Date: July 29, 2010 (more…)

 The 90-room Sky Hotel at the base of Aspen Mountain is up for sale.  According to Sky executives, the hotel is not having financial troubles nor is the sale a result of tough economic times.  (more…)

Property: 674 Johnson Drive, Starwood Subdivision, Aspen
Listing Price: $12.5 Million
Sales Price: $10 Million
Sold Date: July 23, 2010

This newly constructed estate in the exclusive gated community of Starwood includes 7,440 square feet, 5 bedrooms, 5 baths, exercise room, wine room, home theater, waterfall and lovely outdoor living/dining space with fireplace. Located on five private acres offering all day sun and views of Aspen, Snowmass, Buttermilk and Highlands ski areas.

According to a recent survey by Prudential Real Estate and Relocations Services, Inc., consumers believe the market is improving. (more…)

These sales were recorded in Pitkin County from May 25th to May 26th, 2010. For a full market analysis or more details, contact Jen at Jen@JenEngel.com or 970/618.7319.

Property: 44 Johnson Drive, Starwood (Aspen).  Photographed Here.
Sold Price: $8,250,000

Property:  1355 Medicine Bow Road (Brush Creek Village)
Sold Price: $1,026,000

According to a report issued by Land Title Guarantee Co., the month of April saw real estate transactions in Pitkin County improve by 128 percent over April 2009.  71 real estate transactions were recorded in total, up 54 percent from 2009. 

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Aspen Appraisal Group released its 2009 real estate market overview and figures were down from 2008 and 2007, as expected. Yet, the current market conditions reflect positively for real estate investors who want to buy property.

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Monarch on the Park is one of Aspen’s newest developments in Aspen’s Central Core. Built as part of the Limelight Lodge’s redevelopment, Monarch on the Park consists of 14 condos, all with beautiful, contemporary finishes. (more…)

The Roaring Fork Valley was not immune to the recent economic strife that has been felt throughout the country, but recent activity gives hope that the bottom has been reached mid-valley.  Shadowrock Townhomes, a townhouse project located mid-valley in El Jebel, was recently sold to another developer with high hopes of completing the project in the next 40 months. (more…)