Maroon Bells ASPEN / COLORADO
Photo: Vkoulampet / wikimedia commons
Originally named for the abundance of aspen trees in the area, Aspen’s abundance has grown exponentially in terms of luxury, from fine restaurants and world-renowned ski resorts to some of the most artistic and culturally stimulating experiences. These aspects and more are appealing to buyers and continue to shape Aspen’s diverse, high-end lifestyle.
Though the market is plentiful with a large inventory of luxury property options, the Aspen market is finite due to local and state development rules that restrict building in certain areas of the town, according to Craig Morris of Aspen Snowmass Sotheby’s International Realty. “Supply and demand are always in favor of our sellers,” he says, but adds that what people want is nearly always achievable. These demands result in an interesting balance of both classic, historic homes with original architecture, and newer construction primarily built on “teardown” properties.
This interweaving of old and new structures is special to Aspen, says Carrie Wells of Coldwell Banker Mason Morse Real Estate, as it further adds to the character of the town and continues to bring in affluent buyers seeking luxury amenities. She notes that particularly in downtown Aspen, the “core,” new residential developments are not permitted and current properties have become more valuable. Wells, and other agents like Robert Ritchie of Aspen Snowmass Sotheby’s International Realty, say buyers have grown to cultivate lifestyles in Aspen to fit their own needs. Bespoke estates are either renovated internally, increasing their worth, or new homes are being built more beautiful and upscale than the last. Though Aspen seems to be constantly changing, Ritchie says changes help “shine it up” and ultimately makes the town look good.
And truly, “looking good” is an understatement when considering the luxury and culture that exist in every corner of the city. From an exclusive G650 club and top-rated restaurants to a variety of world-class ski resorts and outdoor amenities, Aspen’s elite can find their true home in a place like this. Whether you hit the slopes or visit the Aspen Music Festival every year, Aspen is a place that can fit any lifestyle, which to buyers is often a priority. “We live in our own little fantasy world and people often suggest that living here is not ‘the real world,’” Morris says. “It’s the ‘real world’ to those that decide to put living and lifestyle at the top of their list, and when they do, they never look back.”
Colorado
Carrie Wells
Coldwell Banker Mason Morse Real Estate
970.948.6750
carrie@carriewells.com
Page 54 & H&E 161
Colorado
Craig Morris
Aspen Snowmass Sotheby’s International Realty
970.379.9795
craig.morris@sothebysrealty.com
Pages 52-53
Colorado
Robert Ritchie
Aspen Snowmass Sotheby’s International Realty
970.379.1500
Robert.Ritchie@sothebysrealty.com
THIS ARTICLE ORIGINALLY APPEARED IN THE GLOBAL 2019 ISSUE OF UNIQUE HOMES. TO SEE THE DIGITAL VERSION OF THIS STORY, CLICK HERE.
Skiingproperty.com acknowledges the Winter Olympics’ history in the French Alps by highlighting four essential ski resorts.
South Korea’s hosting of the 2018 Winter Olympics in February offered an opportunity to promote winter sports to the world while demonstrating the diversity of today’s skiing destinations, according to Skiingproperty.com.
“The Winter Olympics is always exciting and it will be no different in PyeongChang,” said Skiingproperty.com director Julian Walker. “This hugely popular quadrennial event was in fact born in the French Alps, specifically in Chamonix in 1924. It returned to France in 1968, to Grenoble, and then again in 1992, to Albertville. For those French resorts that were fortunate enough to participate, the Olympics helped put them on the map and have become an important part of their history.”
Les Arcs — Speed skiing
Part of the Paradiski ski area in the Savoie region, Les Arcs hosted the exhilarating speed skiing at the 1992 Winter Olympics. The event involves skiing as fast as possible down a straight downhill run, such that competitors often exceed 200 kilometres per hour. The resort’s Olympic speed run, known as the ‘Kilometre Lancé’ (Flying Kilometre), is in the Aiguille Rouge area of Les Arcs 2000, where the slopes are especially steep. Pro speed skiers still use it today while the public can use it under supervision. Skiingproperty.com has new-build apartments in Les Arcs, available from €200,000.
Méribel — Ice hockey and Alpine skiing
Picturesque Méribel, a favourite with British skiers, is located in the centre of the vast Trois Vallées ski area, making it ideally placed for hosting two events at the 1992 Olympics — the ice hockey and women’s Alpine skiing. A legacy of this is the resort’s impressive indoor ice rink, the Patinoire Olympique, built for the Olympics and which now includes a swimming pool and restaurant. Skiingproperty.com has luxury property for sale in Méribel, including the newly built 4-bedroom chalets from €2.9 million.
Val d’Isère — Alpine skiing
Testament to the quality of the slopes around trendy Val d’Isère, the resort played a key part in the 1992 Olympics. Part of the Espace Killy ski area, which includes Tignes, the resort hosted all bar one of the men’s Alpine skiing events, including the downhill, super-G, giant slalom and combined. The resort’s famous Face de Bellevarde, a thrilling black run, was integral to these events and today remains a highlight of skiing at Val d’Isère. Skiingproperty.com has luxury off-plan apartments in Val d’Isere, available from €1.3 million.
Courchevel — Ski jumping and Nordic combined
Internationally exclusive Courchevel played its part in the 1992 Olympics by hosting the jumping and Nordic combined at its Le Praz (1,300) village. The Courchevel Valley also benefited from the creation of accommodation for competitors in the village of La Tania. Skiingproperty.com has new luxury apartments in Courchevel, available from €825,000.
Photos courtesy of SkiingProperty.com