Category Archives: News

Aspen Real Estate Improves In 2010

It wasn’t the glory days of a few years ago, but Aspen real estate sales activity signaled a rebound in 2010, a new report shows. The total dollar volume of Aspen real estate sales in Pitkin County was $1.26 billion for an increase of nearly 18 percent over recession-ravaged 2009, according to a year-end report [...]

Aspen’s Largest Home Lets It Workers Go

Employees at Hala Ranch in Aspen which belongs to Saudi Arabian Prince Bandar bin Sultan’s reported for work Tuesday only to find out that they had been fired, says multiple sources. These employees were completely surprised and were not given any severance pay.  They were told to leave the premises, according to sources. Workers who [...]

Downtown Aspen Properties Scheduled To Close Today

Several parcels of Aspen real estate, including the Little Annie’s building, is expected to close today for $17.75 million. A court order from Nov. 4 which is signed by District Judge Gail Nichols discloses  the purchase price and identifies Aspen real estate developer Nikos Hecht as the purchaser. This sale would end months of legal [...]

Aspen Airport Ready To Go

Well here it is slightly more than two weeks before the official opening of ski season and the airport guidance system is finally ready to go. The navigational equipment which sits on Aspen Mountain that helps guides pilotsf lying into the Aspen Airport has finally been put into operation Saturday night, says Jim Elwood, the [...]

Another Great Piece Of Aspen Real Estate Under Contract

A prime piece of Aspen real estate has gone under contract. A deal is in the works for the “Aspen Legacy” property,which includes Little Annie’s Restaurant, the Huntsman Gallery  and a vacant piece of real estate at the corner of Hyman Avenue and Hunter Street. These properties were originally for sale for $39 million in [...]

The Next Major Real Estate Development For Aspen

The Lift One Lodge, which is planned to be a timeshare project at the base of Aspen Mountain, has applied for the first part of its final application. If they get their approval, the Lift One Lodge would include 35 timeshare condos, restaurants, retail shops, a ski museum and affordable housing.   It’s South Aspen Street [...]

High End Aspen Real Estate Is Selling

Aspen real estate near the base of West Buttermilk sold this week for $31.5 million. The real estate brokers believe it was the most expensive home sale this year in Pitkin County. This selling price makes it of Aspen’s most expensive home sales in Pitkin County history The sale was recorded on Friday. WBR Associates [...]

Aspen Valley Land Trust and Pitkin County Open Space Reach Agreement

After 20 years of jointly preserving property with conservation easements — with over 6,000 acres so far — Pitkin County Open Space and Trails and the Aspen Valley Land Trust have managed to formalize their relationship on these properties. Pitkin County Open Space and Trails and the Aspen Valley Land Trust have had a cooperative [...]

More Aspen Real Estate To Be Developed

It looks as if Aspen will have a new real estate project needing management before too long. Work on the new building which is to house the Aspen Art Museum, among others is slated to begin sooner than later. The Aspen Art Museum intends to begin construction on the newbuilding after this winter. To prepare [...]

Some Aspen Real Estate Sellers Don’t Think There Is A Recession

Real Estate on one of Aspen’s busiest downtown corners is up for sale. And what a price they are asking. The owner’s of this prime Aspen real estate are asking $30 million. This price manages to make  this real estate the most expensive commercial property on the market by more than $10 million. The Mountain [...]