2012 Aspen Real Estate Highlights and best Values:

Aspen’s most expensive sale in 2012 was a 6 bedroom, 7 bath, 3 half bath, 14,842 square foot property located on the Maroon Creek just a short distance from Aspen Highlands Ski Area.

The asking price at the time was $29,500,000 down from the original asking price of $39,000,000.  The final sales price was $21,000,000.

In 2012 there were 16 sales over $10,000,000 which is just one over the 15 properties over $10M that sold in 2011.  The average list-to-sale ratio for both 2011 and 2012 was 88% so it is still an excellent time to buy Aspen Real Estate.

One of the best values for small acreage property in Aspen is just outside of the city is in the gated community of Starwood.   It has 3 bedrooms, 3 baths and over 4200 square feet and sits on 3 acres.  The current list price is $2,995,000, or $709 per square foot which is a great price for real estate constructed in 1993.  Starwood is an excellent are to enjoy privacy with the winding roads and an excellent area for views of the Aspen ski areas and valley.

The best real estate value in the Red Mountain side of Aspen is a 5 bedroom, 5.5 bath with log detailing and an abundance of natural light.  The list price is $2,999,000 which computes to $790.46 per square foot – an excellent value for Red Mountain.  The original list price was $4,995,000 when it was listed in January of 2011.

Aspen’s best real estate value located right in the core of downtown is on Park Avenue and is listed for $3,400,000.  This fabulous home has 4 bedrooms, 4.5 baths and over 3100 square feet with a 2 car garage.  This home is only 7 blocks to the Silver Queen Gondola for your skiing pleasure and 1 block to the Roaring Fork River for a day of fishing.  The home also features high vaulted ceilings, custom hardwood floors, light and bright private office, built in entertainment center, ceiling fans, radiant floor and baseboard heating system. The master bath includes a jetted tub, steam shower, marble slab counter-tops and radiant floors. The exterior features include a large walk-out deck located off the great room, and hot tub.

One of the most artistic and modern properties on the market in Aspen is a 4 bedroom, 3.5 bath home listed for $4,975,000.  It has extensive outdoor covered living area, huge rooftop deck with jacuzzi, a cozy media room and temperature controlled wine cellar.  The master bedroom is private and includes a large walk-in closet, has a beautiful master bath with large steam shower and an extra-long Jacuzzi tub.  This is a famous piece of Aspen real estate as it won the 2008/2009 Architect’s Choice Award for AIA in Colorado, it was featured in Aspen Peak Magazine, featured in Mountain Living Magazine cover story of the Rocky Mtn News, and published in Rocky Home Front section.

For information on real estate in the Aspen, Colorado area give me a call or send me an email.  I have over 20 years of real estate experience and have been the top closing listing agent.  970-379-4559, 800-883-1885 or kim@McKinleySales.com.  Happy New Year!  Kim McKinley

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