February 25, 2019 | Gary Feldman Group

Aspen Market Update: Significant Sales in First Quarter 2019

Aspen Market Update: Significant Sales in First Quarter 2019
Properties in the Aspen/Snowmass area continue to be sold at ever-increasing prices due to the area’s growing popularity among luxury buyers. In the past few weeks, there were two very significant sales, one in Aspen’s core and one at the base of Red Mountain.
The core sale was a single-family home on Jan. 29 for $21,950,000 and $3,400 per square foot. Known as the J.M. Dixon House and originally built in 1890, it has 6,462 square feet and seven bedrooms/baths. Situated on a prime corner lot on East Cooper Street, it is only a block from Wagner Park and three blocks to the gondola.
The sale at the base of Red Mountain was a stunning 5.6-acre vacant lot ― owned by the same family for 50 years ― and sold on Feb. 8 for $21 million. Originally listed for $29,950,000, it has approvals for a 19,750-square-foot home on 5.64 acres. While an impressive sale, Gary Feldman’s 2007, $26 million sales of Popish Valley Ranch ― 540 acres in Wildcat Ranch adjacent to Snowmass Village ― still holds the record for the most expensive vacant land sale in Aspen history, according to leading Aspen appraiser and land planner Randy Gold.
Gary Feldman, with the Gary Feldman Group at Aspen Snowmass Sotheby’s International Realty, continues to hold several records for the most expensive sales in Aspen history. In 2016, Feldman represented the buyer in the highest-priced sale ― 720 Willoughby Way ― at $26 million. He broke his own record in 2017 when he represented the seller at 343 Willoughby Way for a $30 million sale.
With 34 years as a Realtor® in Aspen and more than 40 years of real estate experience, Feldman, who was just named Realtor® Emeritus by the National Association of Realtors®, is a master of record sales. An artful negotiator, trusted advisor, and market expert, he has the knowledge, network, and experience to find the right home for luxury buyers in Aspen.   
Aspen continues to be one of the toniest, upscale communities in the U.S. and the world. If you, or anyone you know, is interested in purchasing, renting, or selling a home in Aspen, call 970.948.3737, email [email protected] or visit our website,

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