Real Estate in the News – September 2019

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Aspen


NEW LISTING
5 beds | 5 baths | 4,110 sqft

Set on the bank of the Roaring Fork River yet conveniently located in town at the end of Durant Ave, this sophisticated townhome offers luxury and serenity to those looking for their Aspen dream home. Remodeled in 2013/17, the 4110 square foot, 4/5-bedroom residence is a blend of mountain chic modernism. From the state-of-the-art kitchen to the glass enclosed wine storage, the open floor plan lends itself well to entertaining and with access to the generous patio overlooking the river, this is indoor/outdoor living at its finest. Special amenities such as a thoughtfully built media room, custom office, elevator, underground garage, and cleverly created hidden storage for everything from ski boots to bicycles, this is the property that will end your search for a haven in Aspen! An easy walk to the gondola, restaurants, shopping, and all that Aspen has to offer.

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City Moves to Online Licensing Software

The city is moving to a pair of cloud-based software solutions from a developer out of Durango to replaces an increasingly unreliable server-based business licensing and tax-collection software, the Aspen Daily News reported. MuniRevs and LodgingRevs went into effect Sept. 1 as online portals for businesses to obtain operating licenses. They can also use the portals to apply for lodging licenses and remit the city sales and lodging taxes they owe. Anyone who is listing a property on short-term rental sites like Airbnb, VRBO and HomeAway is required to obtain a business license.

Sara Ott Named New City Manager

Sara Ott, an assistant city manager with the city of Aspen since 2017, and who has served as Aspen’s interim city manager since the former City Manager Steve Barwick’s departure in January, is Aspen’s next city manager, the Aspen Daily News reported. Ott was one of three finalists who were interviewed and made presentations to the community in a search that attracted 64 applicants. She will receive a base salary of $203,000 annually and started the job Sept. 1.

Smuggler Racquet Club Redevelopment a No-Go, for Now

The potential for a 40-unit residential development on the Smuggler Racquet Club site will not happen because the membership of the private club voted down a $15.5 million offer to sell the lot to Sunrise Company, which was proposing to build a mix of free market and affordable housing and soup up the club as well, the Aspen Daily News reported.

The plot of land is one of the last undeveloped lots within city limits and has sat unzoned since it was annexed by the city from the county, after the county oversaw an extensive hazardous waste cleanup of what had been listed as a Superfund site by the EPA. The plan called for 72,000 square feet of total new development, including 16 duplex- or townhome-style free market units and 22 to 24 affordable housing apartments totaling 24,000 square feet.

Cyclists Increase on New Bridge

The number of cyclists using the Castle Creek Bridge/Hallam Street corridor during the month of July more than doubled since last year’s $4.6 million effort to improve connectivity in the area, the Aspen Daily News reported. Before construction began on the corridor, the median daily number of bikes passing through was 98. In July of this year — the first summer since construction wrapped up in October — median daily use in July was 217. The project widened what was a narrow sidewalk that directly abutted highway traffic crossing the Castle Creek Bridge to an 8-foot-wide path protected from cars by a guardrail.

 


Snowmass


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Snowmass Has Busiest July Ever

July was the busiest July ever in Snowmass and the busiest overall month in Aspen based on hotel occupancy in the 12 months, the Aspen Daily News reported. Aspen’s occupancy was flat at 80.9 percent compared to last July while Snowmass was up 4 percent for the month to 73.2 percent. Combined, the two resort areas were up 2.1 percent from 2018, with an average total occupancy of 78.1 percent. The average daily rate in Snowmass was $196, an increase of 9.1 percent.

The Town of Snowmass Village’s most recent sales tax figures in June rose 11.6 percent, totaling $116,799. The increase came from all sectors except restaurant, which fell more than 20 percent from June 2018.


Basalt


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Basalt Declares State of Emergency on Climate Change

The town of Basalt made a bold statement recently when the town council unanimously approved a resolution declaring a climate emergency while supporting regional collaboration and emergency mobilization “to restore a safe climate,” the Aspen Daily News reported. The resolution makes Basalt the fourth government in Colorado to declare climate change an emergency, joining the city of Boulder, Boulder County and the city of Fort Collins.

The four entities are among 27 — including Los Angeles, San Francisco and New York City — that have made the declaration in the U.S., but that’s just a paltry percentage of the 966 local governments in 18 countries that have declared a climate emergency.

Basalt to Finish “Bridge to Nowhere”

The town of Basalt will spend nearly $455,000 to complete a connection to what is currently dubbed the “Bridge to Nowhere,” the Aspen Times reported. The Town Council voted 4-1 to approve funding for the Two Rivers Road sidewalk from Old Pond Park, where the sidewalk now ends, to Spring Creek Bridge. The sidewalk will be built on the south side of Two Rivers Road, west of the Roaring Fork Conservancy’s River Center. It will allow pedestrians to loop around the Basalt River Park and Old Pond Park using unpaved trail and a concrete sidewalk.

The sidewalk is roughly 500 feet long and 71/2 feet wide, but construction is tricky because it requires retaining walls and steel handrail on part of


NEW LISTING

571 Booth Lane, Basalt – $2,695,000 –  5 Bedrooms | 5.5 Baths

Prominently placed on over 3.56 acres of pinon-studded forest, this Luxury Estate with a newly renovated caretaker/guest cottage backs up to BLM and has views from the golf links of the Roaring Fork Club all the way to Ruthie’s Run on Aspen Mountain. Impressive upgrades with central A/C, radiant heat, 7 car garage and work shop, snowmelt driveway, entryways and patios, solar domestic hot water, 16,000 gallon water storage tank, ample well, water softener, and even an elevator! This property is not in the Holland Hills Subdivision, and therefore not subject to their rules and regulations so enjoy your chicken coop, green house and RV hook up area with endless views on higher ground.

Extras: Cable TV, Elevator, Green House, Guest/Caretaker Quarters, Handicap Access, Landscaping, Lawn Sprinklers, Outdoor Hot Tub/Spa, Patio/Deck, Softener, Steam Shower

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Carbondale


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Carbondale Bans E-Cigarettes

E-cigarettes, flavored cigarettes and cigars will not be sold in Carbondale after a new town ordinance takes effect later this fall, the Glenwood Springs Post Independent reported. Carbondale’s board of trustees approved the ban on flavored tobacco products following similar rules passed in Glenwood Springs and Aspen. The new rules require tobacco retailers to be licensed by the town — similar to alcohol retailers — and are meant to address youth nicotine consumption.

Shapiro Sentenced to 25 Years

Robert Shapiro, a former Roaring Fork Valley resident and former CEO and president of the Woodbridge Group of Companies LLC, faces as many as 25 years in prison after pleading guilty last week to running a $1.3 billion Ponzi scheme that claimed more than 7,000 victims, the Glenwood Springs Post Independent reported. Shapiro pleaded guilty to orchestrating and leading a massive investment fraud scheme; he also pleaded guilty to tax evasion for his failure to pay more than $6 million in taxes due and owing to the IRS for calendar years 2000 through 2005.


Glenwood Springs


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 CMC Ranked Top Adventure College

Elevation Outdoors magazine readers named CMC its Top Adventure College for the second straight year, ranking CMC ahead of 32 colleges and universities in seven western states. CMC has campuses in Glenwood Springs and Aspen.


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Pitkin County


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Rezoning Request Slows Down Pandora’s Expansion

Aspen Skiing Co. was dealt at least a temporary setback when two of four Pitkin County commissioners indicated at a late August regular meeting that they would not vote to support an ordinance rezoning 167 acres on the back side of Aspen Mountain to accommodate ski-area expansion, the Aspen Daily News reported. Commissioners Kelly McNicholas Kury and Steve Child expressed numerous concerns about the Pandora’s proposal, many of which are related to the project’s environmental impacts and its perceived incongruity with the East of Aspen/Independence Pass Master Plan. With a deadlock among commissioners, SkiCo was given a continuance until Sept. 11.

Airport Parking Lot Fees Increase

For the first time since a parking rate structure was implemented at the Aspen-Pitkin County Airport in 2006, fees will increase for those using the lot less than 12 hours per day, the Aspen Daily News reported. This is to combat daytime commuters taking up valuable real estate who were using the lots and then riding the bus into Aspen. In lot A, it will be $2 for the subsequent half hour and another $2 for the full hour after that. Every hour after the first two hours will jump to $6 per hour with a maximum of $40. Similarly, lots B and C will offer a free 30 minutes, with the next 30 minutes costing $1 and the subsequent hour costing another $1. Every hour after the first two hours will also cost $6 until the $40 maximum.

Aspen Airport Gets Short-term Upgrade

While a visioning team decides the Aspen airport’s ultimate fate, officials in the meantime have decided to move forward now with what they say are much-needed temporary improvements to the facility, the Aspen Daily News reported. The $1.8 million project, covered by the airlines, will make more room for luggage transport and passengers, both of which struggle on busy days.

Solar Project Passes P&Z, Moves to Commissioners

Members of the Pitkin County Planning and Zoning Commission voted 4-1 to recommend that county commissioners approve a controversial 35-acre solar farm near Woody Creek, the Aspen Times reported. The vote came after two-and-a-half hours of mainly public comment on the proposal, which pits residents of Woody Creek and Brush Creek Village, who will have to look at or otherwise deal with the 18,000-panel solar array, against county and valley residents who want renewable energy.


Bedrooms: 3 | Baths – Full: 3

One cannot do any better than own one of The Residences of the Little Nell with it’s renowned 5 star service, stunning slope-side setting and designer-finished, spacious condominiums. Truly a Ski-in, ski-out property, this is the kind of place to bring the family and create the memories of a lifetime!

For more photos and details, click here.


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