ASPEN INSIDER

January 2025

Located in the pristine Capitol Creek Valley just 30 minutes outside Aspen, St. Benedict's Monastery represents the largest holding in the immediate Snowmass/Aspen area. The property sits in a picturesque ranching valley surrounded by the lofty peaks of the Elk Mountain Range. Known for its peace and privacy, Trappist monks have lived and managed this idyllic ranch for over 68 years. Wildlife and cattle have co-existed for years, and the ranch and adjoining protected lands have retained the same natural habitat and rural characteristics today as they did when the monks first arrived. Three creeks meander through the ranch for more than five miles and irrigated meadows hold historic water rights. This is an excellent opportunity for conservation and hunting, as the property sits in Colorado Game Management Unit 43. This exquisite and tranquil land is the perfect backdrop for hiking, horseback riding, snowshoeing, snowmobiling, and more.

Discover ultimate luxury in this newly built home in Aspen's West End neighborhood. Beautiful, contemporary design elements with bright living spaces, floor to ceiling windows with 18-foot ceilings in the great room, 2-car garage, and an elevator to all 3 levels provide extreme convenience. This 4-bedroom residence features 4 baths with 2 half baths, plus an office/bedroom and convenient workout room. In the spacious living areas and bedrooms, residents will enjoy vaulted ceilings and large picture windows on all exterior walls for year-round views and sunshine. The primary suite includes views of Aspen Mountain, a steam shower, spacious closets and dressing room. Additionally, enjoy outdoor living from the homes 3 terraces one with gas fire pit, gas grill, attached interior bar and lounge area Also, enjoy the large side yard with native grasses and wild flowers along the trickling sounds of the Salvation ditch. The lower/Media level boasts a large living area with 10-foot ceilings, bar, and glass wine room perfect for entertaining.

Located in Aspen's premier gated community of Starwood, this property offers unmatched privacy, panoramic views, and a connection to nature. Enjoy sunsets and vistas of Aspen Mountain, Highlands, Buttermilk, Hayden Peak, and Pyramid Peak, all with zero airport exposure.

The home features six bedrooms, including a main-level primary suite, two en-suite bedrooms on the lower level, and a one-bedroom apartment with a private entrance. Spacious living and dining areas, a gourmet kitchen, and a view lounge open to an expansive deck. The backyard retreat includes a hot tub, sauna, cold plunge, and dollhouse. Perfect for family and friends, this home embodies the best of Starwood living.

Bring your toys and horses to this 44 acre, one-of-a-kind playground. Access thru the only exclusive gated area of Missouri Heights (Spring Park Meadows) but without the constraints of an HOA. Enjoy 360 degree views of the entire Elk Mountain range, ski resorts from Aspen to Sunlight, Basalt and Red Table Mountains, and Cottonwood Pass. Ten minutes from supermarkets, restaurants, schools, and public amenities. Hundreds of miles of trails for mountain biking, dirt biking, and horse riding out the front gate. Can this property be replicated anywhere else?

Immaculate home tucked in the back corner of the Southside neighborhood, across the street from Wildwood Park. Built in 2003, this is one of the largest homes in Southside including a heated 3 car garage on a generous 14,000 sq ft lot (approx). This is a traditional mountain style home designed by Lindal Cedar Homes with great natural light and airy spaces. Very private and the best location for accessing all of the recreational and social amenities that the Aspen and Roaring Fork Valley has to offer. This home has everything you need for the Colorado lifestyle.

210 S WEST END ST.

Aspen – West End

8 Beds | 8 Baths

8,184 Sq Ft

Built 1975x | Remodeled 2024

Sold Price Per/SF: $6,720

Sales Price: $55,000,000

Sold before MLS

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371 E REDS RD.

Aspen – Red Mountain

4 Beds | 4 Baths

4,047 Sq Ft

Built 1987

Sold Price Per/SF: $3,311

Sales Price: $13,400,000

Days on Market: 128

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700 UTE AVE. 709 & 710

Aspen – Central Core

3 Beds | 4 Baths

3,000 Sq Ft

Built 1963

Sold Price Per/SF: $3,583

Sales Price: $10,750,000

Days on Market: 301

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1160 RIVER DR.

Aspen – West Aspen

3 Beds | 3 Baths

2,762 Sq Ft

Built 1971

Sold Price Per/SF: $3,041

Sales Price: $8,400,000

Days on Market: 266

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HIGH-ALTITUDE OUTPERFORMER

ASPEN

The Aspen residential market shows distinct trends across different segments in 2024. While single-family home inventory decreased 2.2% and sales dropped 15.5%, the townhome/condo market strengthened with inventory up 8.2% and sales increasing 12.9%. The median sales price for single-family homes reached $12.5M (up 3% from 2023), while townhomes/condos hit $3.4M (up 8%).

Despite longer days on market across all properties, Aspen continues to outperform other prime markets with overall price appreciation of 9.7% through October 2024 and an impressive 73.5% over five years. This growth stems from structural changes in buyer behavior, particularly the embrace of remote work and increased demand for luxury lifestyle locations.



The ultra-luxury segment (above $30M) commands premium prices for turn-key properties due to limited inventory and extensive construction timelines of 5-6 years. Looking ahead to 2025, persistent inventory constraints, especially for new properties, are expected to maintain upward price pressure despite current buyer's market conditions.

BASALT

Basalt's residential market shows strength across both segments despite mixed signals in 2024. The single-family sector maintains seller-favorable conditions with a median list price of nearly $3M this week and tight inventory of 18 homes. While new listings and sales declined significantly in 2024 (19.4% and 31.4% respectively), the median sales price increased 15.6% to $2.6M, though properties took longer to sell at 149 days.

The condo/townhome market reflects similar pricing strength but different dynamics. With this week's median list price of $2.36M and inventory of 31 units, this segment saw increased new listings in 2024 (up 12.8% over the previous year) but decreased sales volume (down 53.3%). Despite fewer transactions, the median sales price rose 21.1% to $1.18M, with properties selling faster at 125 days on market.

Both segments demonstrate sustained price appreciation despite cooling transaction volume, driven by limited inventory and continued demand in this very desirable community.

VISIONARY BY DESIGN

LA MARE RESIDENCES

Bay Harbor Islands, FL

La Maré Residences Bay Harbor Islands is a collection of two boutique buildings that offer modern living spaces and opulent amenities in a serene enclave. The luxury villas are stacked on top of each other, offering waterfront views, generous storage, sprawling living rooms, lanai units, water-facing terraces, a rooftop pool deck, and a captivating family room. The bay is just a few steps away, providing residents access to kayaking and private boat slips. The relaxing landscaping adds to the exclusive and superior experience of living at La Maré.

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STRATOS

Snowmass Base Village, CO

The final residential collection in Snowmass Base Village, Stratos is the culmination of years of inspired design and sustainable construction by East West Partners and its partnership with Aspen Skiing Company and KSL Capital, completing the vision for a vibrant, new Snowmass Base Village. Stratos provides ski-in/ski-out access to Snowmass Resort, the largest and most diverse of the four Aspen Snowmass Mountains, and walkability to the Base Village core with its array of events and activities. Reservation process begins January 30^th.

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I'm always eager to share the Roaring Fork Valley's many hidden gems with you and your family or friends.