CPOQSBNHDKHRBEPTXZJEDJXLPHCFFTIMYMXJDZCHABALGLWDAEXJHWRRPENPNKEL
because "YOU SIMPLY CAN'T GOOGLE THIS "
HOLIDAYS 2020
HERE's to 2021 !!
What a year 2020 has been. May 2021 be filled with good health, endless possibilities, and a deep connection to wherever you're lucky enough to call home. As always, don't hestiate to contact me to say hello, or for assistance navigating the complex Aspen real estate market. Should you be in town, let's take a ski lap!
- Susan
Susan Plummer ... Luxury Specialist, Coldwell Banker Mason Morse, Aspen/Snowmass. 970-948-6786. susanplummer@me.com
COVID UPDATE
THANKFULLY the lifts are spinning at full capicity. Masks are REQUIRED, vaccines are being distributed and tests offered for free.
Restaurants are at 25% capacity but have expanded and morphed with geodesic domes, heated tents and the like. Note the most current information linked below:
***Click here for the latest Pitkin Co COVID UPDATE
RESTAURANT UPDATES
new: DANTE at Snow Lodge
This is the 3rd DANTE location for the owners who've teamed up with Snow Lodge (new last year). Located at Aspen's gondola plaza. Its a tough space with at least 5 resaturants that I can remember off the top of my head, so here's hoping this one flies. I'm betting it does. Now open seven days a week for lunch, dinner and apres.
new: NAKAZAWA ASPEN
New York-based Michelin star winner comes to Mr. Grey’s space in Aspen The a la carte menu has average Aspen-priced offerings., but there is a fabulous splurge option as well: the OMAKASE (chef’s dinner).
**REMEMBER the Netflix doc "Jiro Dreams of Sushi" about an amazing Tokyo sushi restaurant in an unlikely location? Check it out for the back story.
The #NakazawaAspen popup is located on Hyman Ave Mall next to the former POPCORN WAGON
***The iconic and beloved POPCORN WAGON has been converted to the new Sweet ColoroDOUGH donut wagon! yumm.
(Image below) #SweetColorodough
new: JOONAS.
TAPAS and WINE BAR. I've written about JOONAS for almost 2 years now in this AspenINTEL ... finally, it is OPEN! This small-plate tapas concept is located in the former Cooking School of Aspen space on restaurant row (Hopkins Ave) next to Hooch. The decor is moody and inviting, and the team is top notch. Wishing Alia Joonas and Bridger Smith the best. (I'M A FAN!). (970) 922-9218
new. WINE BAR at the Little Nell
Starting at 3pm and offering intimate seating areas and an extensive list of wines by the glass. All Sommelier-staff. Also available for customized wine dinners, one group per night accommodating up to 50 guests w/ personal sommelier, DJ etc.
Upcoming Wine Events:
A Virtual Taste of Wine Academy | January 16, 2021
Wine Academy | April 11-14, 2021
LOCAL BUSINESS FOCUS:
(photo: LOVE These SKI SWEATERS at Gorsuch... I"m wearing my red version in my Insta profile @susanplummer)
The GORSUCH family is hugely involved in supporting the tight-knit Aspen community: They also know a thing or two about style and SKIING...
@JeffreyGORSUCH and @CandaceGORSUCH Look for the GORSUCH HAUS development updates re: the LIFT ONE CORRIDOR project.
The Gorsuch family is also deeply connected in the history of Colorado, hailing from a long lineage in Aspen and Vail. (Note that Supreme Court Justice Neil Gorsuch is a cousin).
I've also reviewed their Bavarian cafe and retail shop at the steps to the Gondola, in past INTEL at Aspen-INTEL.com.
Owner and longtime friend, @JamieTisch knows a thing or two about good taste...
....her pop-up concept gallery features a collective of eclectic local makers as well as artistisans from all over the United States, Mexico, Italy, UK, Columbia, Spain and more.
In the world of design and architecture, no list is held in higher esteem than the Architectural Digest AD100. Congratulattion to Pitkin Projects own @RodmanPrimack & his team @RPMiller for being selected to this amazing list. As Jamie says "We are so lucky to have him here in Aspen"
see COLLECTION HERE
Pitkin Projects: 516 E Hyman Ave
LOVE THIS PLACE. (As my clients will attest : it's my go-to for closing gifts)
Critically Acclaimed Style, Top Quality, Finely Crafted Alpaca Gifts - Home Decor, Apparel & Accessories. Complimentary Gift Wrap. Family Owned.
Save 10% on First Order.
Located on corner of Hyman and Spring St:
601 E. Hyman Ave, downtown Aspen
REAL ESTATE NEWS
2020 ASPEN REAL ESTATE MARKET REVIEW = TOTALLY UNPRECEDENTED
In 2020, buyers came from all over the US: Chicago, New York, Florida, California and Texas, spending $3.2 BILLION DOLLARS for Aspen and Snowmass real property as of 12/31/20. This represents a 120 % increase over last year.
The COVID URBAN EXODUS brought buyers eager to own a slice of Aspen and its rarified air. There's no question that Aspen is a singularly unique destination. Its aesthetically compelling locale combines with many cultural offerings of a big city, packaged beautifully in a small jewelbox town. Both full-timers and part-timers are highly educated, successful, and involved in the community. They're drawn here by the environment, strong cultural ammenities, staggering beauty, controlled growth, and recreational elbow room. Add to that safety, low crime, fresh air, solid infrastructure, a city government with deep pockets, and remote access via a local airport.
2020 CLOSED PRICES show approximately 20% price increase across all sectors over 2019 prices. The extremely llmited inventory is due in large part to Aspen's size. Aspen proper is postage-stamp-sized with only 3.5 square miles, total. Expansion opportunities are non-existant due to the surrounding private or forever-protected acreage, and topological constraints. Very few empty lots exist and the primary development opportunities are to tear down and rebuild. Inventory is further restricted by the very challenging city/county building restrictions which were born during the antigrowth sentiment starting in the late 1960's. Good or bad, this has lead to the look and feel of current Aspen and is part of what makes residing here so appealing.
Additionally, luxury high-end home construction and renovation in the last 30 years has resulted in Aspen being one of only 3 ski resorts in the entire world which regularly see homes trading at over $25,000,000 and the only one in the USA.
So it's not shocking or surprising that the currrent Aspen market frenzy is mostly fueled by properties trading over $10,000,000.
As of Dec 25, 2020 there have been 97 properties which have closed over $10,000,000. Further, the average sold price of these 97 homes = $16.5mm. This equals a stagering $2,958 per sq.foot on AVERAGE for those homes which have sold over $10,000,000. There are plenty that have not sold, but in this market that is primarily due to grossly inflated pricing.
These figures become especially mind-blowing when you consider that the previous record was in 2017 with 26 properties selling over $10mm, and of those, the average price was $15mm or nearly $2000 per sq.foot.
With all the surprises this year, who is to say if this can and will continue. What we do know is that those who can buy, do.... simply because they can. The wait and see game has left many Buyers with empty hands. As ever, a large percentage of Aspen Sellers dont financially 'need' to sell, so Buyers are paying up providing the pricing is arguably fair given the market conditions. They reason, "Why not park money where you can use it : Why not enjoy a fabulous home in a fabulous locale?" There are not many lifelong memories forged with a stock certificate. We can't buy health or time, but we can buy space. Space for the entire family. Space for the future. Space for memories. As my buyer said, "Why not explore the options?"
SPECIAL OFFERINGS
LISTINGS: There are several off-market pocket listings, however recent MLS policy restrictions do not allow me to advertise details in a newsletter forum.
-- RESIDENTIAL SALES: ranging from a 2+ bedroom core condo for $3m; a newly updated walk-to-town 4 bedroom for $8mm; a core 4 bedroom for $20mm; and a 9 bedroom at the entrance to Aspen for $40mm.
-- RESIDENTIAL RENTALS: I have good friends offering their homes for short term and monthly rentals in Aspen and Snowmass.
-- OUTSTANDING NEW OFFICE SPACE : one office left in a tight knit group of young professionals in Aspen's downtown core with exceptional ammenities.
Please call/text anytime for specifics: 970-948-6786.
_________
HERE's to a healthy and happy 2021. Stay Safe: Keep the ski lifts spinning.
Should you be interested in selling or buying in this unprecendented market, then my crack Coldwell Banker Mason Morse support team and I are here with boots on the ground to help you explore your options: 970-948-6786.
Very Best,
- Susan
Susan C Plummer; Luxury Specialist, COLDWELL BANKER MASON MORSE, Aspen/Snowmass
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514 East Hyman
Aspen CO 81611
970.948.6786 | Fax: 970.925.7027 | susan@masonmorse.com
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