Aspen Valley Market

Sept. 2024 Newsletter

Aspen Valley Market Update

Roaring Fork Valley

After nearly four years of consistent robust market activity across the Roaring Fork Valley, it is evident that the market is showing signs of cooling down. Days on the market have increased, inventory has grown and buyers are expressing far less urgency.

That all being said, we are still seeing activity in every segment of the market, yet the pace is slower than what we have been accustomed to. Prices remain strong, yet buyers have gained negotiating power and are well-positioned to acquire property in a less competitive environment. Now is likely the best time we have seen in the last four years to be a buyer in the Roaring Fork Valley.

If you are looking for market insights, value opportunities, or simply want to discuss the general state of what we are seeing, I would be pleased to connect with you.

Lake Modern

Only Two Residences Remaining

Refined, sophisticated, and elegant are just a few words to describe LipkinWarner’s latest creation. Lake Modern provides a tranquil setting for mountain living in the Roaring Fork Valley just footsteps from the center of culture and community life. Set on a richly planted rolling landscape overlooking Willits Lake, these new residences offer choices of interior finishes, materials, and appointments that blend extraordinary detail and craftsmanship with comfort and livability. Single-level living, 1-4 bedroom residences, up to 3,500 sq. ft., 10 ft. ceilings, tailored interior finishes with private decks, underground heated parking, Wolf Subzero appliance packages, and floor-to-ceiling windows.

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Featured Listings

Carbondale

34 St Finnbar Farm Road

5 BD 6 BA 7696 SF $11,500,000

One of a kind property set on over 11 acres on the valley floor. This sprawling, grand and contemporary single family residence boasts Aspen quality finishes throughout. The single level home features panoramic down valley views, 5 en suite bedrooms, an office, a gym, 3 fireplaces, a grand living room, Wolf-Subzero appliances, a fully equipped butlers pantry, a pond, Lutron lighting system, radiant in-floor heat, a European window package, a four car garage, covered outdoor patio space, the list goes on. With the ability to add a 1000-square-foot guest house (ADU), a pool, and keep horses. Within close proximity to Carbondale, Basalt and the Aspen Polo Club. Estimated completion by the end of 2024.

Missouri Heights

1051 Cattle Creek Ridge Road

4 BD 6 BA 5731 SF $5,570,000

Emma-Sopris Creek

1631 Emma Spur

5 BD 3 BA 3994 SF $4,750,000

Basalt Proper

112 Valley Court

4 BD 5 BA 3065 SF $3,175,000

Carbondale Rural

12 Mariposa

4 BD 5 BA 4572 SF $2,995,000

Carbondale Rural

16 Puma

4 BD 5 BA 2768 SF $2,395,000

Redstone

450 Coal Creek Road

3 BD 3 BA 3218 SF $2,350,000

Glenwood Proper

603 North Traver Trail

3 BD 3 BA 3160 SF $1,545,000

Carbondale Rural

0 Midland Loop

.52 Acres | $375,000

LEARN MORE

Sam Augustine

Broker Associate

M: 646.629.4353

sam.augustine@compass.com

Compass is a licensed real estate broker. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.

Aspen Valley Market Update – Sept 2024

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