Aspen, Colorado:
What a difference 129 years can make in the world of real estate in downtown Aspen.
The redeveloped site of the original home of Aspen’s first born girl and what is thought to be the first cow to come over Independence Pass, has just sold for $16.25 million.
Called “The Residences”, two separately deeded homes on the 6,000-square-foot lot at the corner of Hopkins Avenue and Spring Street, closed on Dec. 17.
“This property was an incredibly rare find in Aspen,” said Carrie Wells, a broker associate at Coldwell Banker Mason Morse Real Estate who handled the transaction. “This property went under contract and closed in nine days. Interest and activity remain high for unique downtown properties.”
It went on the market in February and was originally listed for $17.995 million, which Wells said on Sunday is an average length of time for a downtown property.
Wells, along with other real estate agents, have acknowledged recently that there is an increase in buyer interest in residential properties in the commercial core.
Just last month, the sale of a 5,053-square-foot condo on top of the Muse building located at 625 E. Hyman Ave. for $15.8 million marked the most expensive per-square-foot downtown penthouse ever sold. It pencils out to $3,126 a square foot, and the price includes the “air rights” above the building at 602 E. Cooper Ave. The building is home to the Mezzaluna restaurant and is located south of the residential property. The penthouse’s rooftop deck is taller than the Mezzaluna building and has direct views of Aspen Mountain.
Wells said she has recently sold several real estate listings in downtown Aspen. She is the broker handling the penthouse on Cooper Avenue that’s listed for $13.995 million. It is 5,000 square feet and has unobstructed views of Aspen Mountain.
Leave a Reply