Aspen, Colo. (Nov. 5, 2020) – Global Luxury® Specialist Carrie Wells, an affiliated agent with Coldwell Banker Mason Morse, recently closed two separate deals; an ultra-luxury property for $19.995 million and the second for $13.7 million, both located on Red Mountain. Over the past several months the Aspen market has experienced a frenzy of activity and record-breaking sales. The recent multi-million-dollar closings are further evidence that the popularity of the area continues to grow as consumers crave immersing themselves in the mountain lifestyle.
Wells represented both the seller and buyer in the $19,995,000 sale of the stunning contemporary property located at 277 Draw Drive. Featuring 7-bedrooms, 5-full and 3-half bathrooms, the approximate 10,550 square-foot mountain estate boasts expansive views on Red Mountain. Tastefully designed, the home provides spacious living that includes multiple guest suites, a gym, media room, pool and outdoor spa.
A property on the legendary Willoughby Way sold for $13,700,000. Wells represented the seller.
Nestled on 1.45 acres, the contemporary mountain chalet offers panoramic views stretching across all four ski mountain peaks and Independence Pass. Sprawling over two levels in approximately 8,445 square feet, the 7-bedroom, 8-bathrooms and 1 half-bathroom home features a private master suite, multiple guest suites with walkout decks, open kitchen, media and game rooms.
“It was a pleasure representing my clients in the settlement of these notable and exquisite Aspen estates. Both breathtaking homes offer elegance and comfort, coupled with privacy and sweeping mountain views,” said Wells.
Last month, the Coldwell Banker Global Luxury program released its “New Affluent Trailblazers” report, part of the annual “A Look at Wealth” series. The report identified Aspen as a top location to relocate to in 2020. Aspen is specifically attractive to the aptly named resorters, a group of affluent buyers drawn to world-class vacation destinations who enjoy a resort lifestyle, complete with fresh air, freedom and access to recreation and luxury amenities.
According to the report, they may either be permanently relocating to their favorite vacation spot or converting a second home to a primary residence in response to the pandemic. Resorters are often in a higher wealth bracket of $10 million and over. The majority are slightly older (over the age of 54) and married with possibly older or adult children, and they often own at least two properties, including a home in a city. The majority are established business owners with middle management onsite, giving them the freedom to work remotely and may also be at retirement age, giving them extra freedom to live anywhere they want.
“Many buyers are relocating to Aspen permanently, although we are still seeing an influx of second homeowners who are keeping their current homes but plan to spend more time here. There is a demand for at least one dedicated home office, as well as a s separate space for children to pursue distance learning. Buyers are also looking for homes with more outdoor space to enjoy the gorgeous outdoor living that Aspen is renowned for,” said Wells.