Property Type: RES w/Improvments N/A Address: 1011 Ute Avenue Aspen, CO 81611 Status: Active Asking Price: $39,750,000 List Number: 131301 Type: Single Family Area: 01-Central Core Major Area: Aspen Sub/Loc: None County: Pitkin Bedrooms: 7 Baths: 7 Baths - Half: 4 Baths - 3/4: 0 Lot Continue Reading
Archives for August 2013
Snowmass approves plans for building in Base Village
Snowmass Village, Colorado: Erik Cavarra For the first time in four years, some significant construction is in store in Base Village. The Snowmass Village Town Council on Monday approved on second reading a minor planned-unit-development amendment for Building 13B, the second phase of the Viceroy Snowmass, pending securities for certain public improvements. Construction will begin on Continue Reading
Second Viceroy building passes first Snowmass council vote
Snowmass Village, Colorado: Erik Cavarra discusses the impact of the new Viceroy: The Snowmass Village Town Council on Monday approved on first reading a minor amendment to the planned-unit development for the Viceroy hotel’s second phase, with conditions regarding deep utility work to be completed by the developer in Base Village. ... What will an continued increase in Units, Hotel Continue Reading
Erik Cavarra Places a 4th Residences at Snowmass Club Under Contract
Snowmass Village, Colorado: Erik Cavarra has just placed a Two & Four Bedroom Under Contract within the Residences at Snowmass Club. Cavarra forecasts a continued strong selling seasons for the Residences at Snowmass Club. Our newly renovated Residences are unmatched within the Fractional Market of Aspen & Snowmass. 100% sold out with developer inventory, Cavarra believes by Continue Reading
Fraction Real Estate News:
Erik Cavarra: (Eugene, OR) -- Sales at North American fractional real estate developments increased 4 percent in 2011 to $552 million from $530 million the previous year, according to the latest study by fractional resort real expert Richard Ragatz of Ragatz Associates. Ragatz released the findings of his annual research paper, "The Shared-Ownership Resort Real Estate Industry In North Continue Reading
Aspen, Vail Lag other real estate Markets
Aspen: Colorado Although the Aspen real estate market has stabilized, and the inventory of properties for sale in the first half of 2013 is down 11 percent over the same time last year and down 31 percent since the first half of 2009, inventory continues to be comparatively high. Current inventory is 68 percent higher, and property sales are 32 percent less, than what they were in the first Continue Reading
Six years after selling the majority of its commercial properties in Base Village to Related WestPac for $169 million, Aspen Skiing Co. is looking to get back in the game….
Snowmass Village, Colorado: It's great to know that Base Village will Ultimately be completed. What's worse, having a Village that sits half completed after 8 years, or having a new hotel added to an already competitive market? Is there a enough demand for a (3rd) new hotel in Snowmass? That is the ultimate question. How will the addition of a New Hotel compete with existing condo and Continue Reading
Luxury Home Market Slow Down
Aspen, Colorado: Two homes sold at Auction on Tuesday for a % of their original list price. 1121 Red Mtn Road: Original Ask Price was $24m, sold for $9.75m plus a 10% buyers premimum. Buttermilk Manshion: On the market for over 5 years with an original List Price of $48m sold for $15.8m. The most exepensive home sale in 2013 in Snowmass Village was sold by Erik Cavarra for $8.5m and Continue Reading
