Klug Properties February 2017 Market Snapshot

Posted on March 9, 2017 by Chris Klug

Happy March from Aspen! The weather is beautiful and the snow conditions are excellent, just in time for the World Cup Finals. Aspen Snowmass has been selected to host the World Cup Finals March 15-19, 2017. The Finals will be the first outside Europe since 1997 and the return of men’s World Cup in Aspen for first time since 2001. This will be an exciting week for our town! The real estate market is in full swing with Aspen single family sold volume up 117% from $23,205,00 in 2016 to $50,466,000 in 2017 YTD. Aspen condo volume is also up 6% from $33,507,000 in 2016 to $35,427,000 in 2017 YTD. Check out the full Klug Properties Market Snapshot for February and YTD below!

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Aspen Snowmass Sotheby's 2016 Resort Report

Posted on March 7, 2017 by Chris Klug

Aspen Snowmass Sotheby’s International Realty compiles data from 12 prominent resort communities throughout the western half of the United States in order to provide pertinent market information regarding the overall housing market in each area to help consumers make informed buying and selling decisions. Check out the full 2016 Resort Report here.

 

 

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Base Village Update from East West Partners

Posted on February 3, 2017 by Chris Klug

John Calhoun, Director of Sales for East West Partners, presented to our Aspen Snowmass Sotheby’s International Realty Snowmass Team on Wednesday, February 1 in Snowmass. John said that we should see shovels on the ground starting this May, and cranes in the air more towards the fall. Four projects are slated to begin this year: 

  1. Limelight Hotel, 99 hotel rooms, 7-11 residences for sale, 5 story building, 1,800 - 2,800 sq. ft., 2,3, & 4 bedrooms, 5-story climbing wall along elevator shaft. 98% designed. 
  2. Plaza, kids area, music area, fountains. 
  3. Building 4, Zamboni house, ski shop and 3 Condo residences - 3 to 4 bedrooms, 2,600 – 3,500 sq. feet, big views, open floor plans - possible pre-sales this summer! 95% designed
  4. Discovery Center, Mammoth and Fossils area - will belong to Snowmass Village to do at will. 

All four projects must be completed no later than November 2018. The partners in this development are East/West, Aspen Ski Co, and KSL. Work on buildings 7 and 8 (Arrival area) are in the design phase. There will be condos, pool top decks and patios. East/West is planning a Vision Center in the Base Village area soon with models, blue prints, etc.

Viceroy Snowmass will release twenty developer units of existing one, two, and three-bedroom inventory on Feb 15. They will not be in the MLS and will not be available after April 1. A variety of floor plans in all areas of the building will be available from $200,000 - $1 million. I should have set pricing and unit numbers next week. Phase 2 will not be started for at least 3 to 4 years; there are no set plans at this point. I think the twenty Viceroy units will be a great opportunity to get into Base Village and Viceroy at a very competitive price.

East West, KSL and ASC are going to spend around $200 million in Snowmass Village in the next decade. It will be exciting to see Base Village finally moving forward. Exciting times ahead for Snowmass Village. 

Chris Klug

Limelight Hotel Snowmass Village

 

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2017 Winter X Games in Aspen, Colorado

Posted on January 24, 2017 by Chris Klug

Happy Winter X Games! Buttermilk Mountain is once again lit up and preparing for the X Games kick off this Thursday, January 26th through Sunday, January 29th. Our town is filled with world-class athletes, media and music! Check out the full X Games Event Schedule here. I have the privilege of speaking at the X Games anti-bullying rally, Shred Hate, at Carbondale Middle School today. Ten million students are bullied each year, so Shred Hate was launched to create change and spread kindness. Check out more details on this awesome Shred Hate Campaign here. The Chris Klug Foundation will be at X Games Guest Services all weekend promoting life-saving organ donation awareness. CKF volunteers will be mobile throughout the event, so keep an eye out for us! For more information check out www.chrisklugfoundation.org.

I am also excited to invite you to join me for an encore to our first Art Wave Open House this Thursday, January 26th from 3-6 PM at 1096 Waters Avenue. We will be featuring new Art Works from Gallery 1949, with proceeds benefiting The Buddy Program. Stop by this Triple Crown property located in Aspen’s downtown core for a glass of wine!

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Aspen Waters Art Wave Open House: December 29th | 3-6 PM

Posted on December 28, 2016 by Chris Klug

Please join us on Thursday, December 29th to celebrate the holidays in this brand new Aspen core luxury home in partnership with deborah daine [design]. The Art Wave Open House at 1096 Waters Avenue in downtown Aspen will premier fine contemporary art for sale, benefitting the Buddy Program. Enjoy drinks, snacks, and music by DJ Bakti Styler. Featured artists include Marc Bennett, Patti Bartelstein, Irina Daylene, Tania Dibbs, Barbara Hirsch, Kandy Lozano, Hunt Rettig of Gallery 1949, and Bob Tabor of Gallery 1949.

Aspen Waters is the quintessential Aspen dream location. This Triple Crown property is located in Aspen’s downtown core with the Roaring Fork River streaming in the backyard, and big Aspen Mountain views to the south. Listen to the sounds of the Roaring Fork River and watch trout rise from the private walkout patio of this brand new contemporary Aspen ski home. For more information visit www.1096waters.com.

Art Wave

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December 16-18 Weekend Happenings in Aspen

Posted on December 16, 2016 by Chris Klug

Happy Friday from Aspen! It’s snowing hard outside and expected to continue all day. Bring it on! I’m hoping for a white Christmas! I wanted to share some of great events going on this weekend! The Aspen World Snow Polo Championships take place this weekend at Rio Grande Park. The tournament is one of the most prestigious snow polo events in the world and attracts top players from around the country. Polo enthusiast from around the world as well as the local Roaring Fork Valley fans will be participating. For more information click here. This Saturday, the St. Regis is hosting their Annual Tree Lighting Ceremony between 5-7p.m. This is the third leg in the local tree lighting circuit. Sardy House and Little Nell were both big hits the past two weekends. The hot cocoa at Little Nell’s tree lighting was among the best. With a three and a five-year-old I don’t miss local tree lightings and cookie and cocoa opportunities. I’m hosting open house today, Friday, December 16th from 2-4 p.m. at 1096 Waters Avenue, a spectacular contemporary downtown Aspen dream home. Have a wonderful weekend! Keep doing your snow dance. Happy holidays ahead!

Please Join us for an Open House TODAY Friday December 16th | 2-4 PM


4 bedrooms \ 4.5 bathrooms \ 2,435 livable, heated sq. ft.

1096 Waters Avenue, Aspen

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Top 10 Reasons to Buy in Aspen Snowmass Today

Posted on August 4, 2016 by Chris Klug

After a slow first half of 2016 our town is full and buyers are looking. There's no better place to be this time of the year than Aspen Snowmass. Real estate activity really increased in July; I put almost fifteen million under contract the past weeks. There were a number of macro economic factors that sidelined buyers through the first two quarters of 2016 including: the strength of the Dollar, fluctuating equities markets, the price of oil, and an election year. On the heels of a great 2015, buyers were on edge; you could find reasons not to purchase a new home the first half of 2016. I had a great conversation Tuesday morning with my co-workers. We discussed why now is a great time to purchase a home in Aspen Snowmass. Here are the Top Ten Reasons it makes sense today: 

Top Ten Reasons Now is the Time to Buy in Aspen Snowmass:

  1. Quality of life. There is no better! 
  2. Recreational opportunities abound including endless uncrowded single-track. 
  3. Great property choices with increased inventory. Increased selection, encourages offers.
  4. Use it now. Don't postpone memories and chapters! 
  5. Safe harbor. Shelter. Not volatile. Preservation of wealth. Preserver of individual wealth and ability to use and enjoy opposed to stock or treasury certificate. Historically appreciation strong in Aspen.
  6. Interest rates all time low.
  7. Opportunity cost - yield is so low for safe income instrument such as bond or CD.
  8. August is a great time to make offers with off-season approaching.
  9. Security! Colorado first choice, easy to get to, safe, secure, and beautiful winter and summer.
  10. Looking long term - buying this for your family for a long time.

I anticipate a very busy August and September ahead. Call or email me today to learn more about the best values and properties in Aspen Snowmass today and get your memories started. 

Chris Klug

 

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Aspen Hiking and Biking Adventures

Posted on July 21, 2016 by Chris Klug

Aspen is an adventurous place with incredible surroundings and an active community. Our alpine community is chock-full of wilderness, world class hiking, and biking. However, every so often you need some motivation for that last trek up the mountain or push up the hill. If conveniently placed, local taverns and restaurants can be the perfect source of that motivation. Here are a few hideaways to help you earn that greasy burger and ice-cold brew.

Hike to the top of Aspen Mountain. Take switchbacks or the steep face up to find incredible views, giant chess, frisbee golf, ping-pong, and the famous Sundeck. Feed camp robber birds french fries from your hand, while surrounded by a beautiful mountainous view. It is a somewhat challenging hike that can take up to 3 hours, but the spectacular views, games, cold drinks, music and good food make it worthwhile. Don't miss live music on the weekends. 

For the cyclists, there is a simple ride to the Woody Creek Tavern. A bar made famous by the legendary local writer Hunter S. Thompson, and his mad run for Mayor of Aspen. It is a simple casual ride that is about 4 miles down the Rio Grand Trail. Today, the restaurant offers a mix of American and Mexican influenced dishes and is ideal for an icy margarita on a sunny day. 

Lastly for those looking for a challenge, consider riding the distance to the Pine Creek Cook House at Ashcroft. A stunning mountain dining experience complete with spectacular views of the Elk Mountain Ridge, and gourmet lunches and dinners.

Enjoy our beautiful summer while it lasts and take advantage of the plethora of outdoor activities, refreshing drinks, and fantastic food.

Ashcroft Snowcat in Summer

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Cool Spots in Aspen, Colorado

Posted on July 11, 2016 by Carson Campbell

Aspen in July is stunning. The sun is always shining over the clear blue skies and lush green mountains. The valley is sprawled with tall white aspen trees and beautiful wild flowers. Although lovely, the high elevation can make for a powerful sun that can get pretty warm in late afternoons. Here are some fun activities to stay cool this summer. 

Aspen's punch bowl (seen below) is just a short ways up Independence Pass. It is a spot along the Roaring Fork River where the water slows and swells below smooth towering rocks. The punch bowl is a local secret on account of its dangerous features. It may be an intimidating drop to some cold water below, but it is safe as long as you avoid the one perfectly visible rock near the center.

Just slightly down the road, you can find a massive rope swing into a deep swimming pool.  The rope can be a bit tricky, and most people might prefer just to enjoy the swimming. If you want to try the swing be sure to choke up on the rope as high as possible and let go over the deep water below.

Even closer to town and along the same road, Stillwater is a perfect place to bring rafts or SUP’s and float along the river. The Roaring Fork River meanders through North Star Preserve. A wooden bridge above the slow moving water is a perfect place to launch off on your floating adventure.

Lastly, in central downtown, the Mill Street Mall Fountain is a popular way for kids to cool off on a warm summer’s day. The game is to balance balloons on the tall pillars of water. Running through the fountain avoiding the shooting beams as they randomly spray out of the ground is a favorite. Kids love it, and parents love relaxing as they watch their kids tire themselves out even more. Get out and explore our amazing valley. There are plenty of fun secretes to discover. Go enjoy the warm weather, and stay cool doing it.

Punch Bowl above Aspen, Colorado

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Snowmass Rodeo Summer Fun

Posted on June 27, 2016 by Carson Campbell

Check out Aspen’s thrilling and entertaining Colorado experience, the rodeo. The Snowmass Rodeo is located at the Rodeo grounds in Snowmass Village. It’s an incredibly fun family event that takes place rain or shine every Wednesday evening during the summer. The event features local cowboys and cowgirls roping calves, riding bucking broncs and bulls, and cowgirls darting around barrels maneuvering only inches away and winning by hundredths of a second.

Cheer local, Nile Thompson (Seen Below), an Aspen High School graduate who is crazy enough to pick up the dangerous, and demanding sport of bronc riding. Come and see the skillful precision of roping, and menacing bucks and pounces of 2,000 lb. bulls. Entertain the kids in the calf scramble, where children between the ages of 4 - 10 chase ribbons on calves tails through the thick dirt. Or for the little buckaroos, there is Mutton Busting, a hilarious event where kids can try and ride sheep for the few seconds they can. Grab your boots and hat, have a Coors, and enjoy the show because Wednesday is the day to cowboy up!

The event starts at 7:00 p.m. and ends at 8:30 p.m. Adults and general admission are $20.00. Youth (11-15) are $15.00. Adults VIP $25.00, and youth 11-15 VIP are $20.00. 

Bronc Rider Nile Thompson at the Snowmass Rodeo

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