Midwinter Aspen Real Estate Update

Engel Lansburgh Team  |  February 25, 2025

Midwinter Aspen Real Estate Update
Engel Lansburgh Team at Douglas Elliman Real Estate

Aspen Market Update - Midwinter 2025

Our clients consistently ask, "How is the Market?" The answer depends on whether you are a buyer or a seller, but the Aspen/Snowmass Market and Roaring Fork Valley as a whole has remained steady and strong.

If you already own in Aspen, chances are you've made a great investment and have enjoyed time with your family in this incredible town. If you have not yet purchased, there is no doubt you feel prices are high. Prices have increased significantly since 2020, but we continue to list and find properties for our buyers that can be considered a "value" or "rare" in today's market, either because they are incredibly unique, in unmatched locations, or because the seller was willing to discount more than the buyer anticipated. 

One of our biggest challenges is finding quality inventory to show buyers. We have great connections in the community and are often able to find off-market opportunities in any given price range. We have more inventory available than we did in the past few years in various price points, but it has tightened in others. The entire Roaring Fork Valley has only increased in desirability, and although nobody can predict the future, we have not seen any signs of a decrease in demand.


Valuable properties, or good buys, are often in the eye of the beholder, but most of our clients look back and think they bought at the right time. This market stays strong because demand consistently outpaces supply. It is difficult to predict if this will continue, but the mountains and rivers aren't going anywhere, our weather is consistently better than the rest of the country, we have more outdoor and cultural activitites than many large cities or rural locations, and our community is tight-knit and safe. The more we travel, the more we are all drawn back to our home; and there is simply no place like Aspen.

 
 

EXCLUSIVE LISTING | SOLD | 844 ROARING FORK RD

Hallam Lake Perfection
4 5 1
BEDS BATHS HALF BATHS
5,126 .7 Acres West End
SQ FT. LOT SIZE LOCATION

If you want to understand the heart and soul of Aspen, look no further than Aspen’s most iconic property on Roaring Fork Road in the West End. It’s bittersweet for our Sellers to say goodbye to the most special property in a magical place that only comes along once in a lifetime; it may be our favorite spot in all of Aspen. There is no other view quite like this one. This beautiful spot overlooking Hallam Lake’s 26-acre wildlife preserve, Aspen Mountain & Independence Pass, reminded us what Aspen is all about – nature, wildlife, the outdoors, peace, skiing, and appreciation of the rich history of our town. We hope the Buyer enjoys it as much as we did! We are so grateful to have had the opportunity to represent this legacy property and our wonderful Sellers. Sold for $32 million.

VIEW PROPERTY DETAILS

SOLD | 332 BRANDING LN | BUYER REPRESENTED 

Horse Ranch Home with Views in Snowmass
4 4 1
BEDS BATHS HALF BATHS
3,746 .47 Acres Snowmass
SQ FT. LOT SIZE LOCATION

We are so thrilled for our repeat client who purchased this gem of a home in the desirable Horse Ranch neighborhood of Snowmass Village. This sunny location with views is one of the best in Snowmass, with easy access to skiing and all Snowmass has to offer, and just a short drive to Aspen or Basalt. Well-built home with perfect floorplan, great outdoor space, views and light. Sold for $7.2 million.

VIEW PROPERTY DETAILS
 
 

SPECIAL PROPERTIES FOR SALE

Our Favorite Properties on the Market 

835 Chatfield Road

Stunning Aspen Contemporary

PRICE: $34,500,000

• 5 Beds | 8 Baths | Approx 7,000 sf
• Custom built with no details spared
• Panoramic mountain views
• Ultimate indoor/outdoor entertaining

S2 Architects & Schlumberger Scherer Construction home. Unobstructed views of ski areas & Independence Pass. Fabulous floorplan, beautifully finished.

VIEW PROPERTY DETAILS
800 Eppley Drive

Impressive in Starwood

PRICE: $16,250,000

• 4 Beds | 6 Baths | 5,315 sf
• Two lush private acres
• Breathtaking mountain views
• Gated community with amenities

Mid-century modern estate offering privacy, space & views only Starwood can offer. Guard gate, tennis courts, private hiking trails & serenity.

VIEW PROPERTY DETAILS
776 Snowmass Creek Road

Old Snowmass Haven

PRICE: $6,350,000

• 4 Beds | 6 Baths | 4,583 sf
• 12-Acre Lot
• Private, yet convenient
• Surrounded by wilderness + views

Charming log home combined with timeless craftsmanship & modern comforts, offering mountain views & an unparalleled connection to nature. 

VIEW PROPERTY DETAILS
 
 

JANUARY MARKET SNAPSHOT
ASPEN, SNOWMASS & BASALT

Click Below for Data on Sold Properties, Prices & More Trends

Mountain Market Report
 
 

NEW & NOTEWORTHY RESTAURANTS

 
 

UPCOMING WINTER/SPRING EVENTS

We have two months left of skiing!
Buttermilk closes April 6th, Highlands closes April 13th,
Aspen & Snowmass close April 20th

FEBRUARY
21-22

Palm Tree Music Festival

Produced by Belly Up Aspen, the ultimate winter music experience transforms Aspen into a tropical paradise with world-class artists at Rio Grande Park.  Learn More

FEBRUARY
27

The Little Nell: Jazz Nights

Experience the enchantment of fine dining & live jazz at Element 47 on Thursday & Sunday evenings through 3/30/25.  Learn More

MARCH
1

John Oates at The Wheeler Opera House

Experience a journey through the rich tapestry of American music with John Oates: Folk Blues, R&B and the Songs that Made Me. Learn More

MARCH
4

Donavon Frankenreiter at Belly Up 

Get Outta Your Mind Tour: Frankenreiter has been touring for almost two decades, first as a professional surfer & now as a musician. Learn More

MARCH
6

Herbert Bayer Center Tour

Join Buckhorn Public Arts for a free tour of the Resnick Center for Herbert Bayer Studies exhibition of Bauhaus Typography at 100. Learn More

MARCH
12-16

Wheeler Opera House: Aspen Laugh Festival 2025

Aspen Laugh Festival returns, with big laughs & big names!  Featuring Jerry Seinfeld, Nurse John, Becky Robinson & many more. Learn More 

MARCH-APRIL
31-6

Aspen Film 2025 Shortsfest

Aspen Shortsfest is recognized as one of the premier short film festivals in North America, featuring filmmakers & guests for public screenings, panels & more. Learn More

Jennifer Engel
Jennifer Engel

DOUGLAS ELLIMAN REAL ESTATE
OFFICE: 970.925.8810
MOBILE: 970.618.7319
[email protected]

Marian Lansburgh
Marian Lansburgh

DOUGLAS ELLIMAN REAL ESTATE
OFFICE: 970.925.8810
MOBILE: 970.618.9629
[email protected]

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