The real estate cycles in Aspen often consist of active summer and winter markets with less activity in spring and fall.  As we head into fall the market is still quite active.

In the past few days there have been price reductions on:

201 N Mill Street Penthouse B, Aspen, CO 81611 from $8,500,000 to $8,250,000.  This property is a 3 bedroom, 3 1/2 bath penthouse located on the corner of Mill and Bleeker in downtown Aspen just across the street from The Jerome Hotel.  It has 1,930 square feet, common parking, and is offered fully furnished.  The fabulous deck is an additional 1,220 square feet.  This property is excellent for entertaining and popping in and out of town quickly and easily.  Just lock and leave!

118 E Lupine Drive, Aspen, CO 81611 was reduced from $3,695,000 to $3,390,000.  This property has 6 bedrooms, 5 baths and over 3,000 square feet.  It is located on the east side of town in the Mountain Valley Subdivision.  It has .38 acres, a 2 car garage and is a good remodel project.  Information on Mountain Valley Subdivision can be found at the web site,

130 Wood Road 214, Snowmass Village, CO 81615 at the Assay Hill Lodge at the Base of Snowmass Mountain was reduced from $2,550,000 to $2,395,000.  The condo has 4 bedrooms, 3 baths, 2,227 square feet and is offered fully furnished.  The property has been on the market for 295 days.  The Assay Hill Lodge offers 2 restaurants, spa, pool, hot tub, ski valet/ & concierge.

4000 Brush Creek Road #27, Snowmass Village, CO 81615, a condo in the Snowmass Villas complex was reduced from $1,250,000 to $1,230,000.  The condo has 3 bedrooms, 3 baths, 1,370 square feet, was built in 1968, remodeled in 2010.  It is located just off Brush Creek Road turn into Snowmass Villas ”The Blue Roofs” complex.  It is just off the 14th hole of the Snowmass Golf Course.

30 Anderson Lane 921, Snowmass Village, CO 81615, a condo in the Stonebridge complex in Snowmass Village was reduced from $1,395,000 to $1,195,000.  The condo has 3 bedrooms, 3 baths, 1,321 square feet, was built in 1969 and has mostly original finishes.  Stonebridge is located just steps from the Treehouse, an amazing facility for children.  The property offers In-unit owners storage available, an additional large private owner’s storage unit, and convenience to Base Village. The Stonebridge has a gorgeous new fitness center complete with massage services, saunas, steam showers, a large pool, and hot tubs. The Stonebridge also has a fully equipped business center. The unit has an assigned covered parking spot.  Owners may leave a vehicle, motorcycles, bicycles, etc. at the complex when not in residence.

57 Riversedge Court, Basalt, CO 81621, a single family home located in downtown Basalt was just reduced from $650,000 to $600,000.  The home has 3 bedrooms, 2 baths, 1,254 square feet, and a 1 car garage.  It was built in 1983 and has mostly original finishes.  It is located just off Riverside Drive, right onto Riversedge Ct, Drive to end of road past cul-de-sac, house is on left.  It is an easy walk to downtown Basalt’s restaurants, shopping and an easy stroll to the Frying Pan River.  It has been listed for 176 days.