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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The Aspen real estate market is showing significant signs of improvement. 

An interesting article appeared in the Aspen Daily News last week, entitled “Late Summer is Hot for Real Estate Activity“.  August has been an extremely busy month for showings and contracts, and hopefully that will translate into more closings.

It is a wonderful time for interested buyers, as home prices are competitive and there are some gorgeous properties available.

 I am committed to providing my clients with an unparalleled luxury real estate experience.  Please call me at 970/205-2206 if I can be of assistance or visit me at my downtown Aspen office, located at 516 E. Hyman Avenue.

 Best wishes for a wonderful end of summer!

I’m excited for Slow Food Western Slope’s 2nd Annual Food Farm Film & Wine Festival Aug 14th and 15th in Paonia. It should be a gorgeous time to tour the wineries, see great films and eat an amazing meal cooked by Dava Parr of Fresh & Wyld and Jim Butchart of Aspen Ski Co (formerly head chef at Aspen’s Ajax Tavern).  Ticket Prices for the whole weekend are just $125.00 each, or $100.00 for Saturday’s festivities only. (more…)

Aspen’s High End Market is heating up and general consensus among the brokers is that the bottom has been reached.  According to Land Title Guarantee Company, which tracks all recorded sales in Pitkin County, dollar volume from real estate transactions is up nearly 22 percent from the first half of 2009 – $573.8 milllion compared to $471.5 million.   Read more about what local brokers have to say by clicking on the Aspen Daily News article from Monday August 2nd, entitled “Aspen’s high end is the hot trend”.

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

460 Sunnyside Lane, McLain Flats, Aspen.

This new 7-bedroom, 13,000+ square foot estate property on 8.4 acres had a lot going for it: incredible ski area views, waterfalls and lakes, fabulous indoor and outdoor entertaining spaces, guest house and end of the road privacy just a few minutes from town.  Sold for $24.5 Million June 22, 2010.

 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…)

Fanny Hill on Snowmass Mountain is THE place to be for great music every Thursday evening, July 1st through August 19th.  Throughout the summer there is a wide range of music to enjoy, including reggae, latin, blues, soul, funk, country and zydeco.  Bring your blanket, picnic basket and lawn chair and listen to some great music while taking in the breathtaking mountain views.   Music starts at 6:15 PM. (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

Downvalley Tavern is scheduled to open in July in the space formerly occupied by Blue Creek Grill in El Jebel.   Midvalley’s newest restaurant will be open for lunch and dinner, serving neighborhood Italian comfort food with a creative flair, according to owners Chef Drew Scott and his wife, Bonnie.  (more…)