The Portfolio July 2022 | Roaring Fork Valley

the SLIFER SMITH & FRAMPTON REAL ESTATE

Roaring Fork Valley Properties

July 2022

inside P4

RECENT SALES

P5

RESIDENTIAL LISTINGS

P19

MARKET STATISTICS

P20

COMMERCIAL/LAND LISTINGS

P31

DEVELOPMENT SPOTLIGHT

Cover Feature | 202 Ridge Road | Basalt 4

5

4,642

$4,950,000

OUR TEAM

Contact one of our experienced broker associates to guide you through your next home buying or selling journey.

Ann Abernethy 805.455.4994 aabernethy@sliferrfv.com

Camilla Affelin 970.366.0118 camilla@sliferrfv.com

Andrew Albee 970.300.8551 aalbee@sliferrfv.com

Anne Anderson 970.948.4243 aanderson@sliferrfv.com

Shilo Bartlett 970.319.0064 sbartlett@sliferrfv.com

Newton Bartley 970.379.8660 nbartley@sliferrfv.com

Shlomo Ben-Hamoo 970.948.5120 shlomo@sliferrfv.com

Corin Brucker 970.618.6695 cbrucker@sliferrfv.com

Christopher Burley 970.485.4570 cburley@sliferrfv.com

Taylor Burstyn 305.318.2256 taylor@sliferrfv.com

Margi Crawford 970.948.6116 mcrawford@sliferrfv.com

Corey Crocker 970.445.7259 ccrocker@sliferrfv.com

Ross Daniels 970.230.2876 rdaniels@sliferrfv.com

Mike Eaton 970.274.4239 meaton@sliferrfv.com

Ruslan Faradzhov 970.404.0061 ruslan@sliferrfv.com

Catie Fleming 970.366.2034 cfleming@sliferrfv.com

Holly Goldstein 970.948.4824 hgoldstein@sliferrfv.com

Steve Harriage 970.355.4646 steve@sliferrfv.com

Monika Hooker 970.275.0510 mhooker@sliferrfv.com

Krista Klees 970.379.0173 krista@sliferrfv.com

Eric Krudener 970.964.7376 eric@sliferrfv.com

Robert Langley 970.948.0001 rlangley@sliferrfv.com

Liz Leeds 970.331.1806 lleeds@slifer.net

Melissa Marcus 970.948.9921 mmarcus@sliferrfv.com

Kelli Marshall 970.366.2632 kmarshall@sliferrfv.com

Mike Mercatoris 970.618.7092 mmercatoris@sliferrfv.com

Gerald Mohl 970.618.5262 gmohl@sliferrfv.com

Monica Montany 970.452.1985 monica@sliferrfv.com

Tim Mooney 970.948.9400 tmooney@sliferrfv.com

Corrie Murray 970.618.5291 cmurray@sliferrfv.com

Matthew Polletta 815.999.2993 matthew.polletta@sliferrfv.com

Roger Proffitt 970.366.1258 rproffitt@sliferrfv.com

Amanda Redmond 970.922.8846 redmondteam@sliferrfv.com

Stephanie Redmond 612.327.4063 redmondteam@sliferrfv.com

Keller McCall Smith 843.442.3894 kmsmith@sliferrfv.com

Gerard Sonnier 713.894.6591 gsonnier@sliferrfv.com

Rebecca Stirling 970.948.4683 rstirling@sliferrfv.com

Tommy Tollesson 970.948.1203 ttollesson@sliferrfv.com

Greg Traxler 530.448.6825 greg@sliferrfv.com

Lloyd Tucker 970.309.0169 ltucker@sliferrfv.com

Ann Wilkinson 970.618.8591 awilkinson@sliferrfv.com

Theo Williams 970.355.0456 theo@sliferrfv.com

Rod Woelfle 970.404.3882 rodw@sliferrfv.com

Sarah Woelfle 970.319.9583 sarahw@sliferrfv.com

Peggy Scharlin 970.948.1707 pscharlin@sliferrfv.com

Chris Searles 970.333.0283 chris@sliferrfv.com

MANAGEMENT Krista Klees

Camilla Affelin

Rod Woelfle

Sarah Woelfle

President, Roaring Fork Valley

Regional Vice President, Sales

Branch Broker, Snowmass Base Village

Branch Broker, Roaring Fork Valley

970.379.0713 krista@sliferrfv.com

970.366.0118 camilla@sliferrfv.com

970.404.3882 rodw@sliferrfv.com

970.319.9583 sarahw@sliferrfv.com

MARKETING

BROKER SUPPORT

Emilee Kelloff

Bill Doherty

Shari Darden

Allison Rowe

Marketing Manager

Office Marketing Coordinator Snowmass Village

Office Marketing Coordinator Basalt-Willits

Office Marketing Coordinator Aspen

505.818.7571 ekelloff@sliferrfv.com

SALES OFFICES AspenRealEstate.com

2

970.389.8301 bdoherty@sliferrfv.com

970.618.3305 sdarden@sliferrfv.com

970.925.8088 arowe@sliferrfv.com

Downtown Aspen 620 E. Hyman Avenue 970.925.8088

Basalt-Willits 364 Market Street 970.927.8188

Glenwood Springs 305 8th Street 970.945.8809

Snowmass Base Village 110 Carriage Way 970.924.9100

Carbondale 201 Main Street 970.618.7092

Woody Creek 6B Woody Creek Plaza 970.925.8088

S L I F E R S M I T H & F R A M P T O N R E A L E S TAT E

FROM THE COVER

Endless Views in Old Town Basalt 202 RIDGE ROAD | BASALT

4

Christopher L Burley 970.485.4570 cburley@sliferrfv.com

5

4,642

$4,950,000

202 Ridge is the premier old town Basalt home, offered for sale by the original owner. Featuring an A+ location, 270 degree views from the Frying Pan to Mount Sopris, and unparalleled construction quality, 202 Ridge is truly one of a kind. Entertain in the large open floor plan or in one of the many outdoor living areas. Relax in the large hot tub or in front of one of the five fireplaces on the property. Cook like a pro in the large, well appointed chef’s kitchen. Take in the views of the upper valley in your private owner’s suite. This legacy property offers new owners the opportunity to create memories for a lifetime.

July 2022 | AspenRealEstate.com

3

Celebrating Our Sales

The real estate market is more active than ever making it imperative to work with a trusted, skilled broker whether buying or selling.

TALK WITH A SLIFER BROKER AND NAVIGATE THE MARKET IN THE SMARTEST WAY POSSIBLE.

Start now.

1103 N 16th Street | Silt

Shilo Bartlett 4

3

3,400

$749,000

970.319.0064 sbartlett@sliferrfv.com

726 137 County Road | Glenwood Springs

Mike Mercatoris 3

2

2,415

$1,542,500

970.618.7092 mmercatoris@sliferrfv.com

11 Ute Avenue | Aspen

6

10

16,726 $60,000,000

Liz Leeds

Debbie Gibson Curtis

970.331.1806 lleeds@slifer.net

970.470.3866 dgibson@slifer.net

77 Wood Road 304 | Snowmass Village

Steve Harriage 2

3310 Hager Lane | Glenwood Springs

Roger Proffitt 4

4

3

3,762

$1,350,000

970.366.1258 rproffitt@sliferrfv.com

S L I F E R S M I T H & F R A M P T O N R E A L E S TAT E

2

1,669

$4,000,000

970.355.4646 steve@sliferrfv.com

RESIDENTIAL LISTINGS

Roaring Fork Valley and Beyond >>

July 2022 | AspenRealEstate.com

5

Have It All in East Aspen 176 MOUNTAIN LAUREL DRIVE | EAST ASPEN

4

4.5

5,272

$12,680,000

Nestled in a serene aspen grove and surrounded by mature evergreens, this luxurious private mountain estate has spectacular panoramic views spanning from Aspen Mountain to Mt. Sopris with awe-inspiring sunsets. Recently remodeled with floorto-ceiling windows in the living area and large sliding glass doors that open to a spacious flagstone patio that overlooks a landscaped yard with a water feature and North Star Preserve.

Open living area with high ceilings, a wine cellar and chef’s kitchen with Viking stove and two Sub-Zero refrigerators make this home perfect for entertaining friends and family. Great curb appeal plus a 3-car garage and additional parking.

6

S L I F E R S M I T H & F R A M P T O N R E A L E S TAT E

Ruslan Faradzhov 970.404.0061 ruslan@sliferrfv.com

Incredible Ranchette on 2.7 Acres 70 MEDICINE BOW ROAD | ASPEN – BRUSH CREEK

4

The amazing location, expansive views and exciting rebuilding opportunity make this property an ideal place for your dream home to be realized.

An existing spacious, free-market residence offers 2 stacked units, 3-car garage and storage building with abundant space to spread out as your mountain oasis and lifestyle come to life. Experience ranch-life on this lush, irrigated property while being close to world-class skiing, hiking and biking trails, 3 extraordinary golf courses, and Cozy Point Ranch for horsing around. Best yet, this is just minutes from the vibrant Snowmass Base Village and a short 6-mile drive to Aspen. Enjoy this distinctive residence nicely tucked away in one of Aspen’s unique neighborhoods.

6

5,251

2.7

$7,999,000

Tim Mooney

The Redmond Team

970.948.9400 tmooney@sliferrfv.com

970.922.8846 redmondteam@sliferrfv.com

July 2022 | AspenRealEstate.com

7

The Best of Snowmass Village Living 130 WOOD ROAD, #601 | SNOWASS VILLAGE

3

3

2,185

$6,500,000

A rare penthouse offering at Assay Hill Lodge in Snowmass Village with a full kitchen. This private penthouse is located at the end of the building with 180 degree views and has 3 bedrooms, 3 bathrooms, 2 private outdoor balconies, premium Bosch appliances, an open living floor plan concept that includes a full kitchen, dining room, and living room with a cozy fireplace, and exclusive access to all the Hotel amenities. Amenities include ski valet, ski-in/ski-out access, valet parking, full-service spa, fitness center, pool, restaurant, cafe, and bike storage. The HOA Dues include utilities, transportation, 1 parking space, and owner storage. This remodeled penthouse comes fully furnished.

8

S L I F E R S M I T H & F R A M P T O N R E A L E S TAT E

Theo Williams 970.355.0456 theo@sliferrfv.com

Premier Gateway Property to Snowmass Base Village 77 WOOD ROAD, 305 E | SNOWMASS BASE VILLAGE

3

Luxury living in Snowmass Base Village. This elegant residence, furnished beautifully by Barclay Butera Interiors comes fully furnished.

Open floor plan welcomes families of all sizes. A great entertaining room with down-valley facing views makes this residence one of a few that will see no future construction or developments, whether indoors or from the private balcony. Floor to ceiling windows compliment living area, kitchen, and dining area. Reserved parking and storage locker just feet from the ski slopes. Enjoy fire pits and infinity-edge spa pool on the rooftop Sky Terrace. King Yoga classes on site, fitness center.

3

2,021

$5,600,000

Theo Williams 970.355.0456 theo@sliferrfv.com

July 2022 | AspenRealEstate.com

9

Unbeatable Convenience and Views 120 CARRIAGE WAY, #2206 | SNOWMASS VILLAGE

3

3

1,357

$4,200,000

Views View Views! From every room in this Hayden Lodge/Base Village condominium you will always have direct vistas of Fanny Hill and majority of Snowmass Mountain. This three bedroom, three bathroom ski in/out condominium is just steps away from the Centennial lift with great amenities such as communal hot tub, ski lockers, private bathroom, storage space and one parking spot in gated garage area. Great rental history and investment income!

10

S L I F E R S M I T H & F R A M P T O N R E A L E S TAT E

Ann Wilkinson 970.618.8591 awilkinson@sliferrfv.com

Magical Private Oasis Above Ruedi 170 REGATTA DRIVE | BASALT

5

Holly Goldstein 970.948.4824 hgoldstein@sliferrfv.com

5.5

5,710

$2,250,000

This beautiful residence offers loads of amenities including radiant heat, humidification, A/C, high ceilings, plentiful windows, private shooting range, pond, fire pit, and a 5-car garage for every toy you own. As if that wasn’t enough, the home also boasts a full audio system, recreation room with ping pong and pool tables, exercise equipment, hot tub, huge decks with unbelievable views of the reservoir and Ford Peak, private master with steam room and Jacuzzi tub, and walk-in closets.

Main floor/kitchen was remodeled by Cathers Designs. Minutes from Ruedi Reservoir and 20 minutes to downtown Basalt. Bring your friends and family to this incredible place and enjoy life.

July 2022 | AspenRealEstate.com

11

Your Own “Home on the Range” 900 PANORAMA DRIVE | CARBONDALE

3

2

2,260

18.95

$1,950,000

Discover the lifestyle of mid-valley living on this 18.95acre property. Take in the exceptional views from Mt. Sopris all the way to Aspen while enjoying the privacy of a large, secured property. Have the flexibly of being 15 minutes away from Carbondale and Willits with no HOA. The existing home can be lived in as a primary residence or used as a rental property while you design your dream home. Utilize the 2 shops that provide 4,000+ SF of storage space for tons of toys, building materials, or use them as workshop space. A strong well has already been drilled on the property, electric is brought up to the current home and natural gas is located at Panorama Ranches Rd. This one-of-a-kind property is one you don’t want to miss!

12

Lloyd Tucker

Mike Eaton

970.309.0169 ltucker@sliferrfv.com

970.274.4239 meaton@sliferrfv.com

S L I F E R S M I T H & F R A M P T O N R E A L E S TAT E

A Snowmass place of mind.

Twenty-one exquisite slope-side residences.

AuraSnowmass.com | 970.924.9 100

All information subject to change. Presented by Slifer Smith & Frampton Real Estate.

Updated and Ready to Move In 351 MEADOW ROAD | SNOWMASS VILLAGE Allowable FAR is 3,278. Per TOSV ‘’legal description of Lot 24, Melton Ranch Unit 2, is zoned ‘SF-15’ with a lot size of 21, 856 sq. ft. and a maximum Floor Area Ratio (F.A.R.) of 0.15:1 calculating to a floor area allowance limit of 3,278 sq. ft. This beautiful 4 bedroom with a home office, sits on a half acre lot located in the Aspen School District. The Snowmass Shuttle and school bus pick up right in front. Walk to the Snowmass Rec Center or Base Village in minutes with easy access to all hiking, biking and ski trails. Large Garage with storage loft. Amazing back deck with yard and mature landscaping. Privacy.

Additional separate large work room, great storage space as well in back of garage.

4

4

Holly Goldstein 2,166

$4,975,000

970.948.4824 hgoldstein@sliferrfv.com

Privacy with Breathtaking Views 3928 CRYSTAL BRIDGE DRIVE | CARBONDALE Located behind the 5th green at the River Valley Ranch golf course and on a coveted scenic lot with open views of Mt. Sopris from nearly every room. The open floor plan provides wonderful flow through the house and is accentuated with floor-to-ceiling windows and vaulted ceilings for a bright and airy feel. The residence boasts welcoming spaces, spacious bedrooms, 2 fireplaces, 3 wet bars, high-end finishes all ideal for luxury living and entertaining. The 5 en-suite bedrooms, den with Murphy bed, media room, 2 living areas and large kitchen with breakfast nook make this home impressive.

Experience fantastic views from the patio and relax in the large hot tub.

14

S L I F E R S M I T H & F R A M P T O N R E A L E S TAT E

5

5.5

Margi Crawford $4,200,000

970.948.6116 mcrawford@sliferrfv.com

Ideal Horse Ranch 319 COUNTY ROAD 138 | GLENWOOD SPRINGS This stunning 14.5 acre ranch comes with access to 960 acres of BLM land, your own backyard paradise, and perfect for riding horses, hiking, biking and exploring. This property is located high on a hill, within ten minutes of Glenwood Springs and five minutes of New Castle. There are two homes, a horse barn, corrals, fenced pastures and water rights! The main house has three bedrooms, two baths on three levels with fabulous views from every room. The house is powered largely by solar panels. The second house has three bedrooms, one bath on two levels. The horse barn has three stalls and a workshop area. The large upstairs area could be used for storage or easily transformed into additional living quarters.

3

2

14.5

1,968

Roger Proffitt 970.366.1258 rproffitt@sliferrfv.com

$2,450,000

Brand-New Construction on the Golf Course 560 SADDLEBACK ROAD | CARBONDALE A brand new, custom mountain contemporary estate located in a gated community on the award-winning Jack Nicklaus 18-hole golf course in the heart of the vibrant Roaring Fork Valley. Large south-facing panoramic windows enhance gorgeous Mount Sopris views year around. Timeless finishes and great outdoor space provides the opportunity to entertain your family and guests. Four bedrooms, three and a half baths with a primary bedroom on the main level. Construction started spring 2022, and completion is expected February 2023. Now’s the opportunity to customize the finishes to your liking! Well-priced for a quality build. Very easy access to miles of hiking and biking trails, Gold Medal Roaring Fork River fishing, and skiing at Aspen/Snowmass, Sunlight, or Vail resorts.

4

4

Ruslan Faradzhov 2,946

$1,999,500

970.404.0061 ruslan@sliferrfv.com

July 2022 | AspenRealEstate.com

15

Beautiful Home in Coveted Westbank Ranch 91 MEADOW LANE | GLENWOOD SPRINGS This lovely home sits on the second tee of the Iron Bridge Golf Course. Live the golf course lifestyle without the dues. This home sits on a 1.06 acre lot located in the coveted neighborhood of Westbank Ranch. Come home and enjoy a huge yard (irrigation water included in the HOA dues) with plum, pear, apricot, peach and 2 apple trees. There is plenty of storage for all your toys (RV’s, trailers, and boats ok in driveway) and an oversize 2 car garage with built-in wall storage. There is an abundance of storage throughout the property inside and out. Additional parking area off the driveway. Kitchen and exterior paint done in 2022. Oak floors refinished and interior paint done in 2021.

4

3

3,776

$1,850,000

Holly Goldstein 970.948.4824 hgoldstein@sliferrfv.com

Immaculate Willits Townhome 536 EVANS COURT | BASALT This gorgeous townhome has been immaculately maintained and will delight you with its vaulted ceilings and abundant natural light. You’ll love the home’s open floor plan that features hardwood floors, a stone-tiled fireplace with wood mantle, stainless steel appliances, cherry cabinets, Corian countertops, crown molding and custom walnut shutters throughout. Walk to Whole Foods, parks, trails, bus stops and restaurants and enjoy the easy living of the Willits Townhomes.

16

S L I F E R S M I T H & F R A M P T O N R E A L E S TAT E

Rod Woelfle 3

2.5

970.404.3882 rodw@sliferrfv.com

Sarah Woelfle 1,855

$1,395,000

970.319.9583 sarahw@sliferrfv.com

Ski-In/Ski-Out at the Crestwood 400 WOOD ROAD, #1214 | SNOWMASS VILLAGE This residence offers an open floor plan with great natural light and views overlooking Base Village and Fanny Hill. Centrally located, this unit is steps away from the slopes and the action in Base Village.

The Crestwood offers great amenities including an excellent onsite management team and staff, heated outdoor pool, 3 hot tubs, fitness center, sauna, steam rooms, and slope-side ski concierge.

Owners and guests have access to free shuttles to and from the Aspen Airport, Base Village, Snowmass Mall and Village Center.

2

855

2

$1,275,000

Mike Mercatoris

The Redmond Team

970.618.7092 mmercatoris@sliferrfv.com

970.922.8846 redmondteam@sliferrfv.com

Endless Possibilities with Views for Miles 170 CRYSTALINE DRIVE | MARBLE Enjoy pristine views, great recreational equipment storage, and best of all, no HOA. This home offers a spacious layout with plenty of room to entertain. A potential 5th bedroom is currently used as a home salon. Several outdoor areas serve as prime entertaining areas in addition to the patio off the kitchen for al fresco dining. Relax in the hot tub after backcountry skiing or drink in the vistas of Marble with a beverage on the deck. Easily accessibility, an additional building site for another home or guest house, and a workshop complete with pellet stove add so much potential to this listing.

4

3

1

2,980

Corey Crocker $995,000

970.445.7259 ccrocker@sliferrfv.com

July 2022 | AspenRealEstate.com

17

Privacy and Views in Ruedi Shores 903 MCLAUGHLIN LANE | BASALT Come home to this beautiful 4 bedroom home in Ruedi Shores on a 1.32 acre lot. Privacy, views, minutes from Ruedi Reservoir and 20 minutes to Basalt.

Enjoy the mountain lifestyle with an easy commute up and down the Roaring Fork Valley. Basalt School bus picks up at bottom of neighborhood. Huge oversized 2 car garage. Access to mountain biking, hiking, SUP, boating, sailing, cross country skiing, camping... just out your front door.

4

2

2,464

$975,000

Holly Goldstein 970.948.4824 hgoldstein@sliferrfv.com

Single-level Living in Vibrant Community 47 WHITE PEAKS LANE | GLENWOOD SPRINGS Enjoy single level living in this spacious, bright home located in the golf community of Ironbridge. This well thought out, 3-bedroom floor plan offers mature landscaping and a covered front porch. Enjoy golf, community pool, tennis courts, gym and restaurant. This home has foundation issues and needs to be to be repaired. Please call listing agent for details.

3

3

Corey Crocker 2,062

18

S L I F E R S M I T H & F R A M P T O N R E A L E S TAT E

$750,000

970.445.7259 ccrocker@sliferrfv.com

2+3

2+3

1,750 – 1,839

Starting at $665,000

Eagle’s Ridge Ranch in Lakota Canyon 741 CASTLE VALLEY BOULEVARD | NEW CASTLE These brand new luxury townhomes provide everything today’s buyers are looking for: clean contemporary lines, low-maintenance ownership, outdoor living areas, an established community and a convenient location close to outdoor and indoor recreation. Owners will have easy access to the private Lakota Canyon Ranch Club Rec Center, lovely parks and amazing golf. Take advantage now and watch your dreams become reality.

Roger Proffitt

Corrie Murray

970.445.7259 ccrocker@sliferrfv.com

970.366.1258 rproffitt@sliferrfv.com

970.618.5291 cmurray@sliferrfv.com

3

2

3

2

1,978

1,697

$450,000

$325,000

Peak Season Week in Aspen/Snowmass With world-class, peak-season skiing and some of the best amenities that Snowmass Base Village offers, One Snowmass provides access to your Snowmass getaway. This ski-in/ski-out residence is steps away from fine dining, ski/bike rental shops, retail stores, chairlifts, ski school, and more. The amazing Sky Terrace rooftop features an infinity-edge spa pool and fire pits with views of the ski resort and Mt. Daly.

Corey Crocker

77 Wood Rd, 403-08 Week 8 Snowmass Village

Mike Eaton 970.274.4239 meaton@sliferrfv.com

Ross Daniels 970.230.2876 rdaniels@sliferrfv.com

One Snowmass President’s Week Own this prime ski period. Fixed prime ski season week 07, and usage of the residence between mid-April and midDecember on a flexible and spontaneous reservation basis. Enjoy fire pits and pool on the rooftop Sky Terrace, on-site King Yoga classes, 2,500 SF fitness center, and long-term ski storage, plus new retail, dining, on-site concierge, property management services, Inspirato Lounge with a private owners club, and more.

77 Wood Rd, 306-07 Week 7 Snowmass Village

Steve Harriage 970.355.4646 steve@sliferrfv.com

Taylor Burstyn 305.318.2256 taylor@sliferrfv.com

July 2022 | AspenRealEstate.com

19

Roaring Fork Valley Market Stats SOURCE: Aspen Glenwood Springs MLS, RFV Residential.

Our team of market experts update the Slifer Report every quarter.

To see the latest numbers and dive even deeper into the report scan the code or visit: AspenRealEstate.com/slifer-report/

13% 2

250 ...................................................................................................................................................................

200 150 ....................................................................................................................................................................

100 ....................................................................................................................................................................

103 50 ....................................................................................................................................................................

0 ....................................................................................................................................................................

2020 2021 2022

1 – 20 2

2

$2,323,962

2 ....................................................................................................................................................................

1.5 ....................................................................................................................................................................

1 .................................................................................................................................................................... .5 ....................................................................................................................................................................

12% 02

20

$415,406,088

350 ...................................................................................................................................................................

300 ..................................................................................................................................................................

250 ................................................................................................................................................................... $64,773,185

sales volume | Millions (USD)

400 .................................................................................................................................................................

200 ..................................................................................................................................................................

150 ....................................................................................................................................................................

100 ....................................................................................................................................................................

50 ....................................................................................................................................................................

0 ....................................................................................................................................................................

2020 2021 2022

S L I F E R S M I T H & F R A M P T O N R E A L E S TAT E

1 – 20 2

2

1.5 ....................................................................................................................................................................

1 .................................................................................................................................................................... .5 ....................................................................................................................................................................

1 – 20 2

Year-To-Date Average Residential Sales Price 2

sales volume | millions (USD)

$464,792,310

450 ..................................................................................................................................................................

2

02

0 ....................................................................................................................................................................

2020 2021 2022

0 ....................................................................................................................................................................

2020 2021 2022

May Residential Sales Volume

2 ....................................................................................................................................................................

2

39%

2 ....................................................................................................................................................................

2 $2,140,142

$1,798,298

02

2.5 .................................................................................................................................................................... $628,000

# of transactions | millions

3 ....................................................................................................................................................................

2

4%

Year-To-Date Residential Volume sales volume | billions (USD)

29%

May Average Residential Sales Price

$1,742,075,240

231 200 ..................................................................................................................................................................

1000 ...............................................................................................................................................................

20 21 – 20 22 1,080 900 ..................................................................................................................................................................

800 ..................................................................................................................................................................

700 ..................................................................................................................................................................

814 600 ..................................................................................................................................................................

500 ..................................................................................................................................................................

621 400 .................................................................................................................................................................

300 ..................................................................................................................................................................

200 ..................................................................................................................................................................

100 ....................................................................................................................................................................

0 ....................................................................................................................................................................

2020 2021 2022

$1,666,591,172

1 – 20 2

# of transactions

# of transactions

02

02

1.75 ....................................................................................................................................................................

1.5 .................................................................................................................................................................... $1,543,140

300....................................................................................................................................................................

2

25%

Year-To-Date Residential Transactions

$671,328,298

May Residential Transactions

1.25 ...................................................................................................................................................................

1 .................................................................................................................................................................... $1,081,044

STAY UP TO DATE all year long.

.75 .................................................................................................................................................................... .5 .................................................................................................................................................................... .25 ....................................................................................................................................................................

0 ....................................................................................................................................................................

2020 2021 2022

1 – 20 2

2

COMMERCIAL + LAND LISTINGS

Aspen Carbondale Glenwood Springs New Castle Rifle | Silt Snowmass Village

July 2022 | AspenRealEstate.com

21

Two Rivers Winery + Vineyard 2087 BROADWAY | GRAND JUNCTION COMMERCIAL

23,213

$9,830,000

Nestled on the edge of the ‘’Heart of Colorado Wine Country’’ in Grand Junction and at the base of the Colorado National Monument sits the award winning Two Rivers Winery. Inspired by the agricultural potential of the area, Bob and Billie Witham set out to create what is now the well-known Two Rivers Winery and Events Center. Spectacular views from the endless scenery surrounding the winery and picturesque rows of vineyards, Two Rivers Winery is truly breathtaking. The property sits on 15 acres, with 10 acres planted with two different hybrids of grapes; Baco Noir, La Crescent, and Chardonnay.

22

S L I F E R S M I T H & F R A M P T O N R E A L E S TAT E

Mike Mercatoris 970.618.7092 mmercatoris@sliferrfv.com

Spectacular Alpine Setting Ready for Development TBD SUNLIGHT MOUNTAIN RANCH GLENWOOD SPRINGS | VACANT LAND

877

$5,950,000

Sunlight Mountain Ranch is located in a spectacular alpine setting with abundant wildlife and gorgeous mountain views.

876 wooded acres located just above Ski Sunlight ski resort, and only 25 minutes above Glenwood Springs. Property has been privately owned and undisturbed since 1972. It is surrounded by a Wildlife Preserve, National Forest and BLM lands.

This is a great opportunity for 35 acre plot development or for a private hunting preserve.

Roger Proffitt 970.366.1258 rproffitt@sliferrfv.com

Unique Offering of 480 Acres TBD SUNLIGHT DEVELOPMENT COMPANY GLENWOOD SPRINGS | VACANT LAND

480

$2,925,000

There are 3 quarter sections of raw land located in a spectacular alpine setting with abundant wildlife and gorgeous mountain views. 480 wooded acres located just above Sunlight ski resort, and only 25 minutes above Glenwood Springs. Property has been privately owned and undisturbed since 1972. It is surrounded by a Wildlife Preserve, National Forest and BLM lands.

Roger Proffitt 970.366.1258 rproffitt@sliferrfv.com

July 2022 | AspenRealEstate.com

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On the South Bank of the Colorado RAPIDS ON THE COLORADO | NEW CASTLE VACANT LAND

46

Roger Proffitt 970.366.1258 rproffitt@sliferrfv.com

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S L I F E R S M I T H & F R A M P T O N R E A L E S TAT E

$3,810,000

Rapids on the Colorado development is located on the south bank of the Colorado River between New Castle and Silt. There are 10 river lots and 11 meadow lots remaining. All lots are 2 acres or larger. Underground utilities are in place; electric, gas, water, telephone. Landscape irrigation system is being installed. Owner would like to sell the complete development. The development is priced at retail lot prices.

Develop Your Business in a High Traffic Location TBD CASTLE VALLEY BLVD. | NEW CASTLE COMMERCIAL LAND

11.3

$2,800,000

Approved PUD in place on this large acreage off I-70. High traffic, high visibility location for retail shops, residential, professional office or in-line center. This property is located across the street from McDonald’s and Kum & Go, directly off Castle Valley Boulevard and is also across from Alpine Bank, New Castle Diner, and City Market. This listing includes Lot 1, Lot 2 and Lot 3 in the Walters Center PUD. All 3 properties sell as one unit. Total land area with all lots is 11.3 acres. Unparalleled traffic count, directly off the main I-70 exit for New Castle.

Shilo Bartlett 970.319.0064 sbartlett@sliferrfv.com

July 2022 | AspenRealEstate.com

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Water. Water. And More Water!

1404 COUNTY ROAD 223 | RIFLE | COMMERCIAL LAND This prime property has exceptional water rights. With 93 shares of farmers irrigation, 10 acre feet of the Silt water project, .3 shares of the Grand River Ditch, an 800,000 gallon reservoir, a domestic well and an on-site pond. This property is worth the asking price for the water rights alone and is located just around the corner from downtown Rifle. Currently zoned as four 10-acre lots, and two approximately 17-acres lots.

76.06

Mike Mercatoris $2,500,000

970.618.7092 mmercatoris@sliferrfv.com

Take the Reins and Go 501 RIO GRANDE PLACE UNIT 105 | ASPEN BUSINESS + PROPERTY SALE Prime commercial space on upper mall of Obermeyer currently built out as medical/sports recovery with five treatment rooms, bathroom, kitchen and laundry. Price includes one prime covered parking space in upper level of garage steps from elevator leading directly to exterior door to space. Don’t miss this rare commercial opportunity.

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S L I F E R S M I T H & F R A M P T O N R E A L E S TAT E

1,226

Mike Mercatoris $2,395,000

970.618.7092 mmercatoris@sliferrfv.com

Glenwood Springs Hostel 1021 GRAND AVE | GLENWOOD SPRINGS COMMERCIAL SALE

4,673

$2,199,000

This long-time operating lodging facility, is ready for a new owner. The business comes with an amazing rental history— both long and short term—and is booked for the summer already. It has dual zoning, so bring your ideas. The front building was built in 1910, while the rear building was built in 1994 and offers a full apartment for long-term rentals. The downstairs is currently used for short-term renters.

Shilo Bartlett 970.319.0064 sbartlett@sliferrfv.com

Incredible Investment Opportunity in Glenwood 1023 GRAND AVENUE | GLENWOOD SPRINGS | COMMERCIAL SALE Ready to purchase your investment property in Glenwood? This is your chance. Step back in time with this Grand Avenue beauty. Main Street frontage, zoned dual use, this one is ready for your ideas. With a commercial kitchen on the first floor, this was a well known restaurant and bar in town. The second floor currently offers 4 rental units and brings in income for the owner with short-term rental approvals in place. Plans are engineered for expansion to rest of the lot, or keep it as off-site parking. This is a rare combination in Glenwood Springs, so bring your business and lets make it happen.

3,212

Shilo Bartlett $1,495,000

970.319.0064 sbartlett@sliferrfv.com

July 2022 | AspenRealEstate.com

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Incredible Old Snowmass Lot TBD GATEWAY ROAD | OLD SNOWMASS VACANT LAND

2.13

$1,250,000

Breathtaking views from Independence pass to Capitol Peak, this single family lot has both water and power available to develop your dream home. 7 minutes to the Roaring Fork Club, and about halfway between Aspen and Whole Foods.

Ann Abernethy 805.455.4994 aabernethy@sliferrfv.com

Amazing Development Opportunities TBD DENVER AVE | GLENWOOD SPRINGS VACANT LAND

23.27

$995,000

Within walking distance of many restaurants, shops and other amenities. Offers 23.27 acres, 28 city lots zoned RM1, including four 5-acre lots zoned RR. Possibilities: 32 condos, townhomes and/or single family residences.

Glenwood Springs iconic recreational Boy Scout Trail traverses through the property.

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S L I F E R S M I T H & F R A M P T O N R E A L E S TAT E

Gerald Mohl

Shilo Bartlett

970.618.5262 gmohl@sliferrfv.com

970.319.0064 sbartlett@sliferrfv.com

High Exposure Commercial Retail TBD COUNTY ROAD 240 | NEW CASTLE | COMMERCIAL LAND This multi-use listing is located directly off New Castle exit on I-70 exit. This parcel boasts a premium “corner” location with visibility from I-70 and Highway 6 + 24. New Castle’s demand for commercial development is very high and will feed the rapidly growing residential areas. Proximity: minutes from Lakota Canyon Golf Course; ± 10 minutes to Glenwood to enjoy (springs, skiing, dining, and Glenwood Caverns); 1 hour from Aspen, Vail, and Grand Junction; and ± 2.5 hours west of Denver.

1.1

$850,000

Rod Woelfle

Mike Eaton

970.404.3882 rodw@sliferrfv.com

970.274.4239 meaton@sliferrfv.com

Ideal Rifle Business Location 101 E 26TH STREET | RIFLE COMMERCIAL SALE

2,360

$589,000

This is the perfect location for a business that needs high visibility and on-site parking. The the building is 2,360 SF, currently laid out as a sandwich shop, but could easily be re-concepted. Situated on a high-traffic Corner lot, this location is convenient and easily accessible. The lot itself, is a touch over 20,000 SF. Plenty of on site parking and Highway frontage.

Lloyd Tucker

Mike Mercatoris

970.309.0169 ltucker@sliferrfv.com

970.618.7092 mmercatoris@sliferrfv.com

July 2022 | AspenRealEstate.com

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2.0 – 2.4 3,300 $220,00 to $230,000

$350,000

Carbondale’s Restaurant Row Prep the menu and order the food, this Main Street restaurant is ready to go with a prime, corner location in downtown Carbondale. Great visibility and a large fenced patio make this the perfect spot for festival-goers and visitors. Cookline equipment, furnace, and plates and silverware are all new. Restaurant layout is designed for efficiency with 2 dining areas and separate bar area inside allowing flexibility with service and staffing.

580 Main Street Carbondale Commercial Sale

Lloyd Tucker

The Rapids in New Castle Great location with access to the Colorado River. These lots sit on the south bank of the Colorado River with fabulous views and easy river access for the homeowner. Enjoy river access for fishing, boating, swimming or just listen to the serenity of the river’s rapids. Rural living at its best at Rapids on the Colorado.

.17

.42

$142,000

$95,000

Welcome home to Lakota Canyon!

Build your dream home in this established golf community. This beautiful lot sits just above the 17th hole, close to outdoor and indoor recreation. Amazing views and breathtaking sunsets. Owners will have easy access to the private Lakota Canyon Ranch Rec Center and Pool.

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All Unsold Lots are for Sale

Roger Proffitt 970.366.1258 rproffitt@sliferrfv.com

970.309.0169 ltucker@sliferrfv.com

Build Your Dream Home

Rapids View Lane New Castle Vacant Land

Great I-70 Visability 21 White Feather Drive New Castle Vacant Land

Incredibly usable flat land, this vacant lot finds itself in a prime location with great visibility from I-70 and easy access. This lot is ready to go for a multitude of commercial opportunities.

1593 Enterprise Court Rifle Commercial Land

Corrie Murray

Lloyd Tucker

970.618.5291 cmurray@sliferrfv.com

970.309.0169 ltucker@sliferrfv.com

S L I F E R S M I T H & F R A M P T O N R E A L E S TAT E

NEW DEVELOPMENT S P OT L I G H T Legacy at Vail Square | Lionshead LegacyVail.com 2-, 3-, 4-bedroom residences starting at $3,995,000

One Riverfront Condos | Avon

Pete Seibert | 970.479.2010 pseibert@slifer.net

OneRiverfront.com 3- to 4-bedroom condos starting at $2,445,000 Molly Griffin | 970.331.9676 mgriffin@slifer.net

Arbory City Park West | Denver ArboryDenver.com 41 New Residences | Six 1- & 2-bedroom floorplans Brad Arnold | 415.944.0023 | brad@sliferdenver.com

Eagle’s Ridge Ranch | New Castle EaglesRidgeLakotaCanyon.com 2- to 3-bedroom townhomes starting at $665,000 Corey Crocker | 970.445.7259 ccrocker@sliferrfv.com

Elevating New Developments Across Colorado Slifer Smith & Frampton is proud to be the only independent brokerage in Colorado with a dedicated sales + consulting division for new developments. Our team brings decades of experience to bear on every new project with end-to-end service that builds new communities deeply connected to the places we call home.

VIEW OUR PROJECTS: SliferDevelopmentSales.com All images pictured are conceptual renderings and are intended for marketing purposes only.

July 2022 | AspenRealEstate.com

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In the Press

WALL STREET JOURNAL JUNE 2, 2022

FORBES GLOBAL PROPERTIES JUNE 7, 2022

Aspen’s Market Is So Crazy That Buyers Shop for Homes That Aren’t Even for Sale

Aspen’s Housing Market Sees Average Days On Market Dwindle As Competition Picks Up

By Katherine Clarke

By Ellen Paris

Unaffected by rising mortgage rates, wealthy buyers are swarming the tony mountain destination.

But low inventory and restrictions on new construction are making homes for sale hard to come by.

Aspen’s spring market remains strong, with eager buyers bidding on what few properties are available. Inventory, particularly new construction, is so low that buyers are now looking at older properties to update and renovate.

Ann Abernethy, a broker associate at Slifer Smith & Frampton Real Estate in Aspen, offers an on-theground look at current market dynamics: “Business is awesome.

It would be even more awesome if we had more inventory to sell.”

READ MORE AT www.wsj.com/articles/ aspen-real-estate-market-11654174741

READ MORE AT www. forbesglobalproperties.com/trends/

SALES OFFICES AspenRealEstate.com

Downtown Aspen 620 E. Hyman Avenue 970.925.8088

Basalt-Willits 364 Market Street 970.927.8188

Glenwood Springs 305 8th Street 970.945.8809

Snowmass Base Village 110 Carriage Way 970.924.9100

Carbondale 201 Main Street 970.618.7092

Woody Creek 6B Woody Creek Plaza 970.925.8088