snowmass

Pioneer Springs Ranch, Estate of the Day

Filed under: Estates

Today's estate is located in the Snowmass Village area of scenic and still pricey Aspen, Colorado. The home was built in 2004 by the current owner and is being sold for the first time. The property is on over 40 acres and the grounds offer outdoor entertaining areas with a hot tub, pizza oven and water features. The living space is over 13,000 square feet with seven bedrooms including a master suite with an attached exercise room, walk-in closet, and steam shower in the master bath. There are two media/family rooms, a game room, a private office with a deck and a bar and four-sided fireplace in the living room. This home is listed at $25 million.

Experience more lush living in luxury homes and mansions or see the stars living large with celebrity homes galleries at AOL Real Estate.

Gallery: Pioneer Springs Ranch

Source

Tags: aspen, colorado, estate of the day, EstateOfTheDay, snowmass

Continue reading “Pioneer Springs Ranch, Estate of the Day”

Aspen Comeback? Now Most Expensive Zip Code in U.S.

by Jared Paul Stern (RSS feed) —

Filed under: Estates, Wealth

The real estate market in Aspen, CO has recovered somewhat and its priciest zip code is now the most expensive neighborhood in the U.S., according to a new ranking by Forbes. Back in February we reported on the dire straits of Aspen real estate, when Sotheby's International Realty shuttered its Aspen office in the wake of plummeting sales. Now Aspen's south end 81611 zip code, home to ultra-luxe ski lodges, is top of the field with an impressive $6.5 million median home sale price, the magazine reports. However the seasonal nature of the Aspen market gives it a yearly boost which might well mean its triumph is temporary; and indeed the big picture is still pretty glum. "In 2007, the market in our valley was $2 billion in sales," top Aspen broker Steve Walker tells Forbes, "this year it'll be between $500 million and $1 billion. In volume and dollars, it's been a 50% drop."

We predict that Beverly Hills, which is currently in 3rd place, will quickly eclipse Aspen especially since a mansion was just sold there for $31.5 million, the most expensive property sold in California so far this year, while a second recently changed hands for $22 million. The former, a 27,000-sq.-ft. Norman-style estate on 2 acres with 10 bedrooms, 14 baths and seven fireplaces, had originally been listed at $45 million and was on the market for almost nine months. Aspen's neighboring Snowmass Village has also experienced a resurgence. Other neighborhoods that have clocked recent gains include the Hollywood Hills and Chappaqua, NY, while the second most expensive zip belongs to Alpine, NJ, a luxurious New York suburb home to Wall Street execs and rap moguls like Sean Combs and Damon Dash.

Want to live in the country's priciest zip? There are several choice Aspen properties available including this $60 million estate, this $58 million spread and this cozy $43.8 million ski lodge. Here's the new list of the top five most expensive zip codes in the U.S. as determined by median prices (which are quite high overall right now at the top end):

1. Aspen, CO, 81611: $6.5 million
2. Alpine, NJ, 07620: $4.7 million
3. Beverly Hills, CA, 90210: $4.04 million
4. Snowmass Village, CO, 81654: $3.99 million
5. Newport, CA, 92661: $3.9 million

Tags: Alpine, Aspen, Beverly Hills, BeverlyHills, Colorado, Forbes, Hollywood Hills, HollywoodHills, New Jersey, NewJersey, real estate, RealEstate, Sean Combs, SeanCombs, Snowmass, Sothebys, zip code, ZipCode