What’s the Big Deal: $10.4 million for single-family home
Editor’s note: “What’s the Big Deal?” runs Sundays and is based on the most expensive property transaction recorded in Pitkin County through 3 p.m. each Friday.
Date recorded: May 16
Address: 70 E. Hideaway Lane, Aspen
Buyer: Katirna I. Johnson Trust and Timothy O. Johnson Trust
Seller: Archer Bishop Jr., Sandra Bishop, Thompson Bishop and Baker Bishop
Property type: Single-family residential
Year built: 1996
Total heated area: 9,114 square feet
Land: 4.46 acres
Amenities: Five baths, two half-baths, five bedrooms
Property tax bill: $15,089.48
Worth noting: Marketing materials for the property describe it has having “unobstructed views to Smuggler, Shadow Mountain, Highlands, Pyramid Peak, and Tiehack surrounded by the 63-acre Moore Open Space. Nowhere else in Aspen offers this plus trout-filled pond with sand beach, horse pasture, waterfalls, streams, gardens, vast lawn areas and covered patios, yet only 1.5 miles to the gondola.”
• Pitkin County recorded $250 million in property transactions the first quarter of this year, down 48.6 percent from the same period in 2015, according to a report issued last week by Land Title Guarantee Co. Garfield County, however, posted a solid improvement the first quarter, registering $89.2 million in sales the first three months of this year — an increase of 24.2 percent.
• Last week was one of the better ones in Pitkin County property sales this year. Along with the aforementioned $10.4 million deal, an Aspen penthouse fetched $7.25 million and another transaction brought in $4 million, according to property records.
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