Maroon Creek Club's 53 home sites are interspersed along the base of Tiehack / Buttermilk Mountain, one of the four ski mountains making up the world famous Aspen / Snowmass Ski Resort in Aspen, Colorado.

The Maroon Creek Club Subdivision is surrounded by Tom Fazio's 18-hole championship golf course, making this one of Aspen's newest and most intimate golf course neighborhooods. The luxury homes within this pristine development have unparalled access to some of Aspen's most popular recreational areas.

One of the most sought after locations within this Subdivision, is Pfister Drive... In 1953, Art Pfister began a new corporation with Friedl Pfeifer to develop Buttermilk Mountain, known for its 470 acres of wide open and gentle ski terrain. Buttermilk / Tiehack caters to beginners and families alike. Buttermilk Mountain has grown tremendously since its opening 1958/1959 ski season. Initially opening with two chair lifts and a top-of-the mountain restaurant, Buttermilk Mountain now has 8 chairlifts, 44 trails and 2,030 feet of vertical terrain.

Home Owners who live in the Maroon Creek Club Subdivision are perhaps some of the most fortunate beneficiaries of recent improvements made by the Aspen Skiing Co. No other subdivision offers private access to Tiehack Mountain's new, $7 Million high-speed quad chairlift. This new lift represents only a small fraction of the Aspen Skiing Company's capital improvements that have been made during the past year.

The world-class skiing, the unsurpassed summertime events, and the historic draw of Aspen itself, help Aspen to maintain a consistent rank as one of the top ski destinations in the World.

Many of Maroon Creek Club's luxury properties have Ski in/ Ski out access to the Tiehack side of Buttermilk Mountain (the more advanced and "quieter" side of Buttermilk). Within minutes of walking out the front door, residents of this exclusive neighborhood can be buckled into their skis, on the lift, and enjoying this excellent ski mountain.

Buttermilk Mountain is best known nationally for hosting the ESPN Winter X-Games, and for having what has been voted #1 by Transworld Snowboarding Reader's Poll as the best terrain park.

The Maroon Creek Club Subdivision is an outstanding location during the summer months as well. Located within walking distance of the majestic pedestrian bridge that crosses high above the Maroon Creek river, Maroon Creek Club home owners have easy access to the Aspen Recreational Center. This state of the art fitness center offers such amenities as Indoor Lap and Kiddie Pool, a lazy river, diving board, steam room, sauna, a 2 story water slide, tennis courts, a 32 foot climbing tower, batting cages, an NHL regulation size ice-skating rink, and more!

The base of Tiehack Mountain is also located on the Oregon Trail. This is one of the best, advanced cross country ski and mountain bike trails in Western Colorado. The famous Government Trail is a classic mountain bike trail that runs between Aspen and Snowmass Village, and also serves as the course for the popular "Golden Leaf Half Marathon", a 13 mile race that takes place during the height of the Aspen leaf color change in September of every year.

With excellent access to national forest, lift serviced terrain, superior trails, and world-class golfing, the Maroon Creek Club subdivision is the perfect place for the family oriented, outdoor lifestyle.

Located only five minutes from downtown Aspen, the Maroon Creek Club Subdivision provides country club living with privacy and private access to the best of what Colorado has to offer.

Here is a current look of the market in this Subdivision as of today's date:

*Single Family Homes Only:

10 ACTIVE LISTINGS

0 UNDER CONTRACT

7 SALES IN PAST 3 YEARS

Price Range of ACTIVE listings: $5,700,000 to: $19,950,000
Price Per square foot of ACTIVE listings: $960.59 to: 2,028.47 Average Price Sq. Ft ACTIVE: $1,253.25 Oldest

Price Range of SOLD listings (past three years): $4,337,500 to: $11,250,000 Price Per Sq. Ft of SOLD listings: $647.19 to: $1,532.
Average Price Per Square Foot SOLD: $835.44 - $990.

Please contact us today for some more information about this incredible Mountain Subdivision.

Aspen is proud of our accomplished locals and second home owners. Many of these people make great contributions to our town and help to make Aspen a gathering place for ideas as well as a world-class playgound.

Read the article from the Aspen Business Journal HERE.

Touted as the "Red Mountain" of Snowmass Village, Oakridge road receives all day sun and unsurpassed views of all four ski mountains (Aspen Mountain, Aspen Highlands, Snowmass Mountain, and Buttermilk . This custom home was thoughtfully designed by an award-winning architect to take advantage of both the landscape, and passive-solar features to keep the house warm in the winter and cool in the summer. With 4 Bedrooms (plus office) and 5.5 Baths, this 5,400 square foot custom home must be experienced to be appreciated. This home presents a rare and unique opportunity for the discerning homebuyer who desires end-of-the-road privacy with unbelievable views in a private location that is close to all of the Valley's amenities. Check it out!! www.SnowmassLuxury.com

Here are some interesting summary points for January 2012 from SOLD properties in Aspen - Snowmass:

* The average price for a single family home in Aspen for January was $3,192,500. This was a decrease of 18% from the average price for all of 2011.
* The average price for a condo in Aspen for January was $1,915,500. This was a decrease of 13% from the average price for all of 2011.
* The average price for a single family home Snowmass for January was $3,255,000. This was a decrease of 28% from the average price for all of 2011.
* The average price for a condo in Snowmass for January was $544,000. This was a decrease of 37% from the average price for all of 2011.
* The total dollar volume for January was $96,653,315 – an increase of 15% from January 2011.
* January had 55 total transactions which was a decrease of almost 30% from January 2011.
* Of all the subdivisions in Pitkin County, Aspen led the number of transactions with 28 of the 55 total.
* There were only 4 bank owned sales for the month in all of Pitkin County accounting for 2% of the dollars. Only 1 of the sales was in Aspen.

My take on this is that it is early in the year and 1 month doesn’t show a trend. The general consensus among brokers is that February was generally a busy month, so it’ll be interesting to see what the market does as the winter season comes to an end.

Another interesting note is that although the average prices were down compared to 2011, the dollar volume was up, meaning that the total number of sales increased over last year. It’s a buyer’s market. Homes that are priced right are showing and selling. Many over-priced properties are not receiving offers and generally are taking a much longer time to sell.

Raymi Goodman - Broker Associate

The Luxury Team @ Aspen Real Estate Company.