Living Aspen Winter 2022

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Winter 2022 | Presented By Chris Klug


970.948.7055 | |

/KlugProperties |

@KlugProperties |

I am proud to share with you my Winter 2021/2022 Living Aspen Magazine featuring some of the most exclusive properties throughout the Roaring Fork Valley. If you are looking for top of the world views with end of the road privacy on six parcels comprising 115 acres, there’s no better estate than 1020 Carroll Drive. Spring Valley Ranch is the largest contiguous parcel in the Roaring Fork Valley on almost 6,000 acres. 155 Forest Lane is a spectacular modern alpine ski house in Snowmass Village. Enjoy all day sunshine and south facing Elk Mtn. views overlooking the Aspen golf course and backed to Red Butte open space at 1540 Silver King. 178 Ponderosa Pass Rd. in Blue Creek Ranch in Carbondale is great opportunity with a brand new Al Beyer Design modern ranch house in progress.

If you’re thinking about selling, now is the time to be in front of buyers in this strong seller’s market.

We saw real estate records set in 2020 broken in 2021 and over $4 billion in residential, free market whole ownership sales recorded in MLS. 70-80% less inventory compared to a year ago, and continued demand maintain a strong seller’s market today. After almost two years of all handson-deck sales, we’re catching our breath a little to start the year due to a lack of supply. A continued urban exodus fueled by Covid, hybrid work schedules, and a strong desire to work, live, and play in second home resort markets nationwide is driving an insatiable desire to live in the Roaring Fork Valley. Many now know what I have known all my life, that this is one of the great places on earth. Where else do you find the recreational, cultural, culinary and intellectual opportunities offered in Aspen Snowmass?

INTRO LETTER & SNOW BOARDING IMAGE I hope you’re doing well and staying healthy… …and enjoying a great start to 2022! After a historic holiday winter storm pounded Aspen Snowmass with over six feet of snow, the skiing and boarding have been awesome. The calendar of Aspen Snowmass events and activities has been non-stop fun already in 2022 with Aspen Mountain’s 75th Anniversary, Winterskol, MLK Weekend, Gay Ski Week, and X Games. Lots more to come this winter including: Ski for the Pass, President’s Weekend, Mardi Gras in Snowmass Village, Power of Four, spring break, Nastar Nationals, and Highlands infamous closing party. Don’t’ miss Aspen Art Museum’s Andy Warhol Lifetime’s exhibit, the only venue to see it in the country this winter. It is a great time to be in the mountains. | 970.948.7055

I hope you enjoy our latest Living Aspen Magazine. Thank you for picking it up. Please call or email anytime if I can help in anyway or if you would like a complimentary, indepth analysis of your property’s value today. If you’re thinking about selling, now is the time to be in front of buyers in this strong seller’s market. Have a wonderful winter season ahead. I hope to see you on the slopes and to make some turns together soon.

Chris Klug

The Finest Starwood Estate End-of-the-road privacy and top-of-the-world mountain views

There’s a reason Starwood founder Edgar Stern chose 1020 Carroll Drive; it is simply the finest Aspen estate. Enjoy end of the road privacy and top of the world Elk Mountain views on six Starwood parcels totaling 115.7 acres. The 13,175 sq. ft. main house was designed by Thomas Kligerman of Ike Kligerman Barkley with an arts and crafts style on a Rocky Mountain scale. The vaulted great room ceilings are accented by artistically formed structural trusses creating light filled spaces with perfectly framed Mt. Daly, Capital Peak, and Snowmass Ski Area views through the Case Teak Windows and exterior doors. Book matched full length Claro Walnut paneling adorns the great room. Nine wood-burning fireplaces warm the main house including the impressive Colorado dry stack moss rock fireplace found in the living room. A sitting area next to the fireplace is a favorite après ski winter hangout. n

8 BR | 8 FULL, 3 HALF BA | 15,255 SF PLUS 3 Caretaker’s Residences On 6 Parcels Comprising 115 AC | $46,000,000 970.948.7055 |

Built by Hansen Construction with the finest materials with the majority of millwork by Kol Industries including: wide plank European White Oak flooring from Germany, petrified wood bar and Douglass Fir and Pacific Yew in the family room, and California Bay Laurel and Myrtle in the dining room. The entry, chimney caps and sills are covered in Carmella Sandstone from Oklahoma. The generous main level master suite looks out over the upper pond. Four en suite bedrooms, an office, library, and two powder rooms complete the upper level. The lower-level consists of laundry room, office, powder room, storage, kids’ playroom with wood burning fireplace, and an approximately 1,750 bottle wine room with additional 900-bottle case storage. An expansive Colorado buff sandstone front patio extends from the main house, taking advantage of all day sunshine and endless sunset views. | 970.948.7055

A hidden snowmelt path leads to an oversized outdoor spa set amongst massive sandstone rocks. There are two ponds on property, both are aerated and stocked with trout. A guest house with four en suite studios and 3 woodburning fireplaces is adjacent to the main house. Two 3-bedroom caretaker’s homes plus a 3-bedroom apartment, offices, garages and maintenance facilities are situated below the main house. There is a beautiful lakeside site, ideal for a pool and a yoga studio gym or additional guest housing to create a family compound. Access Shadyside and Sunnyside trails directly from the property. Starwood is Aspen’s only gated community with 960 total acres, x-country ski trails, tennis courts and on-site fire station. Red Mountain ditch provides excellent water rights. This is a one-of-a-kind private Rocky Mountain legacy estate with every amenity, direct USFS access, and forever views. n

970.948.7055 |

Spring Valley Ranch A 5,909-acre entitled, PUD zoned, operational agricultural and cattle ranch, south of Glenwood Springs, CO | 970.948.7055

Spring Valley Ranch is a 5,909-acre entitled, PUD zoned, operational agricultural and cattle ranch, and the only remaining privately held land parcel of this magnitude in one of the most sought-after areas of Colorado and the Rocky Mountains. Its multi-tiered topography provide opportunity to create a private sanctuary with breathtaking views of the surrounding mountains and the Roaring Fork Valley. The property provides a unique lifestyle experience with an emphasis on outdoor recreation for hiking, biking, horseback riding, hunting and fishing in one of our valleys most spectacular natural areas. Winter enthusiasts will enjoy cross-country skiing, snowshoeing, snowmobiling and will have close proximity to the nearby world class slopes of Aspen Snowmass. n

5,909 Acres | $80,000,000

970.948.7055 |

Snowmass Village Ski-in/Ski-out The perfect setting for family and friends on Forest Lane

This modern ski-in/ski-out Snowmass Village home integrates flawlessly with its natural surroundings, creating the ultimate indoor/outdoor living. Located at the end of a quiet cul-de-sac with elevated views of Brush Creek Valley and the Continental Divide overlooking Funnel ski run and Elk Camp Gondola. The custom 5-bedroom home was a two-year design process with architect John Butterworth and interior designer Shawn Henderson, inspired by the topography of the 1-acre lot, and the simplicity and beauty of the best Scandinavian and Japanese design. Warm Nordic interiors with wide plank white oak flooring, floor to ceiling windows maximizing mountain views, and a minimalist Bulthaup kitchen, provide a perfect balance between | 970.948.7055

sophistication and laid-back living. The main level master suite features a spa bathroom with soaking tub and steam shower, an oversized walk-in closet, a gas fireplace, and a separate study with outdoor terrace. Shou-sugi-ban wood siding and vertical board form concrete exterior integrates with the natural sloped aspen landscape. A wood-burning fireplace warms the great room along with three more gas fireplaces throughout. Hike, bike, ski or snowboard directly from the ski room onto White River National Forest land. Après ski on the south-facing plunge pool terrace or the fire pit terrace. This alpine retreat is the perfect setting for friends and family to gather and enjoy the best in mountain living. n

5 BD | 8 BA | 5,534 SF | 1 AC | $7,000,000

View from Funnel 970.948.7055 |

At the Base of Red Butte Convenient to downtown Aspen, trails and the Aspen Golf Course

1540 Silver King Drive combines proximity to downtown with ease of access to nearby hiking and biking trails, and the Aspen Golf Course with prime, south-facing mountain views including New York Peak, Aspen Mountain, Aspen Highlands and Pyramid Peak. Surrounding mature landscaping offers privacy from four patios. An expansive wrap-around south and west facing walk-out patio is ideal for après ski gatherings. The open concept great room is centered around a custom stone gas fireplace and accented by reclaimed beams and trusses. Timeless wide plank reclaimed white oak flooring is throughout the main level. Features also include a professional grade kitchen and a spacious master suite with luxurious master bath. An office located off of the master bedroom is a perfect library den, spin/yoga room or nursery. The lower level consists of two en-suite bedrooms, family room, and walk-out side patio access with room for a hot tub. n

3 BR | 3 FULL, 1 HALF BA | 3,484 SF $6,795,000 | 970.948.7055

Coveted Blue Creek Ranch Fronting the pond with expansive southwest views

Brand-new construction located directly on the pond with views to the southwest, this contemporary farmhouse-style home, with architecture by Al Beyer Design, features light filled spaces, and 4 en-suite bedrooms plus a large flexible space (potential studio or office) with bath above the oversized twocar garage. Great attention to detail and design is evident in the open concept kitchen with a butler’s pantry equipped with high-end appliances. Finishes include wide plank white oak flooring, custom cabinetry, large steam shower in the main level master bath, smart-home control systems, and an outdoor hot tub and sitting area overlooking the pond. Situated adjacent to the Aspen Valley Polo Club, there are acres of open space to enjoy and explore including a private trail network and private access to the Gold Medal waters of the Roaring Fork River. The Rio Grande trail is also easily accessible. Owners also enjoy their own private, lockable storage unit. Minutes to downtown Carbondale, Willits and Whole Foods via Highway 82. Don’t miss this unique opportunity to live in a custom new home in the middle of everything our valley has to offer. n

5 BR | 5 BA | 3,112 SF | 594 SF 2-CAR GARAGE | .379 AC $2,790,000 970.948.7055 |

What our clients are saying… The Klug Properties Team Dylan, Chris and Eric

…utmost professionalism… Chris Klug and his team were essential to the success of selling our family home in Snowmass. Chris was always responsive, knowledgeable and attentive. Every aspect of the listing, showings, negotiations, contract, due diligence and most importantly closing were handled by Chris and his team with the utmost professionalism and care for our family. Chris comes highly recommended from all of us.”

…our highest recommendation! We were able to purchase our home within weeks -- not easy coming from another state, and not easy during Covid! Chris was always available, seemingly in the middle of the night at times, to review options, set appointments, and make sure we understood the process and market. Even after signing our contract, we had an incredibly tight window to close. Chris had a great set of local vendors, inspectors, and other pros to pull everything together on time with zero slips. He was also able to negotiate meaningful concessions from the Seller after the pre-purchase inspection. Chris knows the market and understood how to navigate it. To do all of this, in a matter of weeks, during very difficult circumstances was quite a feat. He has our highest recommendation!” – Matt

“It’s not easy to select the realtor you trust with the sale of the home you’ve loved and nurtured for 22 years. A good friend recommended Chris to us, emphasizing what soon became obvious to us in working with him each day: the expertise, diligent hard work and attention to detail he applies to every step of the process. It really impressed us that he encourages any questions we might have and responds immediately to texts and phone calls. We enthusiastically recommend Chris and his excellent and professional team!”

– Diane and Gaines

– Brian

…honesty and trust… “I appreciate the relationship with Chris and his team. We have worked on multiple projects together, from the beginning of the design phase to the final closing. This experience has been one of honesty and trust, in which we work together to insure the success of each project.” – Ken | 970.948.7055

…dilligent hard work…

…efficient support team… “I have recently worked with Chris and his uber-efficient support team both as Seller and Buyer. He proved to be the ultimate professional on both transactions, which had to be conducted at warp speed in this current market. He priced each property accurately, called in local inspection and repair teams at short notice to overcome potential deal breakers, prevented me from overpaying in price negotiations and reached agreement with the other brokers to achieve my objectives in both cases. He enabled two complex transactions to be completed with simplicity and relative ease. I cannot recommend him more highly – appoint him to represent you and let him show you his class!” –Richard

10 Reasons to Choose Klug Properties and Aspen Snowmass Sotheby’s International Realty to sell your property

1. Market Knowledge: I am an expert on the Aspen Snowmass Real Estate Market. I study the market every day; this is not a hobby for

me. I produce a monthly market snapshot and a quarterly in-depth Aspen Snowmass Market Report at I have been doing so for the past decade. In 2020 I sold $206 million finishing as the #5 broker overall in the Aspen Board of Realtors 2020 rankings based on production.

2. Availability & Support: Three full-time licensed real estate professionals born and raised in Colorado and the Roaring Fork Valley with over 25 years of combined real estate success and over $500 million in career sales. We love this community and what we do, and are passionate about sharing it and giving back through Chris Klug Foundation and other local non-profits that we support. 3. Global Reach: With 1,000 offices in 75 countries and 24,000 brokers worldwide we will get the word out in all of our feeder markets and

beyond. I will leverage all of the Sotheby’s International Realty marketing tools including the number one real estate website in terms of time spent on site, and the largest audience in the real estate industry at

4. Partnerships: I personally share my exclusive listings with the top Sotheby’s International Realty brokers across the country through my

Sotheby’s Market Leaders membership at, and Colorado Ski Towns partnership,

5. Social Media and Database: I maintain the most expansive social media platform in the local brokerage community with over 30,000 subscribers or followers. Klug Properties sends a bi-weekly digital newsletter with the latest market stats, insights and Aspen Snowmass happenings to our sphere of over 2,000 buyers, sellers and Aspen Snowmass influencers. 6. Living Aspen Magazine: 50,000 distributed annually in key locations including insertion in The Aspen Times during the busiest times of the year, and mailings to every homeowner in the upper Roaring Fork Valley summer and winter,

7. Aspen Snowmass Sotheby’s Advantage: 172 Aspen Snowmass Sotheby’s International Realty Brokers in 14 offices throughout the Roaring Fork Valley with a 35% market share in 2020 – bigger than the next three brokerages combined; bigger is better when it comes to generating positive PR for your property.

8. Video: 25 years of broadcast experience as a professional athlete has allowed me to be comfortable in front of the camera, while focus-

ing on messaging and details that matter. We will create a professional video tour of your property inclding aerial drone footage and share it at, and I will also film a virtual open house tour of your property.

9. Website: Your property will be featured on the home page of, the #1 broker site in the local brokerage community with 8,000 average monthly users. Your property will have its own custom one-stop-shop website that includes photography, video, virtual reality tour, map, description and due diligence documents, so buyers and brokers can easily access the information they need to take the next step.

10. Negotiation Expertise: I am a Certified Negotiation Expert. I will represent your interests first and foremost, while working collabora-

tively with fellow broker partners to help achieve the best possible result for you in the most efficient manner possible. Honesty, Integrity and Commitment are my mantra. I will work hard to get the job done for you without compromising my ethics or professionalism. I bring the same positive attitude and determination to my real estate practice that made me an Olympic Champion.

970.948.7055 |

Slifer, Smith & Frampton 1.53% 3.09% Engel & Völkers Slifer, Smith & FramptonThe Agency 1.53%1%

1% Just the facts… TheSetterfield Agency & Bright

0.87% 5.38%

Setterfield & Bright All Others 0.87% All Others


Local Market Dominance 2021 Year Market EndShare Sides $Volume # Top 10 Companies #

Aspen Snowmass Sotheby’sSides 1 Top 10 Companies International Realty

176.5 $1,818,274,230 $Volume Market35.07% Share


Aspen Snowmass Sotheby’s 176.5 2 Douglas International RealtyElliman Real Estate

$1,818,274,230 55 $783,578,328 35.07% 15.11%


3 Compass Aspen Douglas Elliman Real Estate

52.5 $780,070,000 15.04% $783,578,328 15.11%


58.5 13.64% $707,096,500 $780,070,000 15.04%


4 Coldwell Banker Mason Morse 52.5 Compass Aspen 5 Christie's International Real Estate Coldwell Banker Mason Morse 58.5 6 Whitman Fine Properties Christie's International Real Estate 26


Engel & Völkers 7 Fine Whitman Properties


$160,159,590 16 3.09% $168,100,000 3.24%


8 Slifer, Smith & Frampton Engel & Völkers


$79,475,000 7.5 1.53% $160,159,590 3.09%


9 Agency Aspen Slifer, SmithThe & Frampton


$51,875,000 3 1% $79,475,000 1.53%


10 Setterfield & Bright The Agency Aspen


$45,175,000 3.5 $51,875,000 1%


All Others Setterfield & Bright


$278,945,000 30.5 5.38% $45,175,000 0.87%

All Others



3 4

In 2021, we sold more In 2021, than our next two we sold more competitors than our next two combined. competitors combined.

$312,385,500 26 6.02% 13.64% $707,096,500 $168,100,000 13 3.24% $312,385,500 6.02%

We have represented 42% have ofWe all transactions represented above $5 42% million. of all transactions above $5 million.



All closings from January 1 through December 31, 2021. Information is deemed to be reliable, but is not guaranteed. Source: Aspen Board of Realtors Multiple Listing Service All closings from January 1 through December 31, 2021. Information is deemed to be reliable, but is not guaranteed. Source: Aspen Board of Realtors Multiple Listing Service

n Pitkin County saw almost $4 billion of residential, whole ownership, non-deed restricted sales recorded in MLS in 2021 compared to just under $3.5 billion in 2020. n Historically low inventory and continued strong demand fueled by an urban exodus and a desire to work, play, and live in second home resort markets nationwide resulted in new highs from records already set in 2020. n $72.5 million was the highest price ever paid for an Aspen single-family home that closed in June for 22,405/SF at 421 Willoughby Way on Red Mountain. n Single-family sold volume in Snowmass Village eclipsed last year by a third, while the number of transactions looked similar. n The 52 Electric Pass Lodge condos won’t be completed until summer ’23, completely sold out this past summer, as well as The Haven’s on Fanny Hill, which contributed to the strong Snowmass Village condo numbers. n There’s no shortage of demand for new mountain contemporary ski-in, ski-out product either, which should bode well for the launch of East West’s newest development, Aura, the 21-unit building #12 comprised of three and four-bedroom luxury ski-in, ski-out Assay Hill condos, launching this summer! n With a current six-month moratorium for new residential construction in Aspen, the absence of Pitkin County TDR’s, and FTE’s in the City, continued downsizing pressure, price increases for labor and materials and longer timelines, should all have a similar effect to the downtown core penthouse moratorium passed years ago, further driving up prices with an already limited supply, and ~ $5,000/SF core penthouse pricing today. Covid, Omicron, and a great start to winter, only seem to be making the Roaring Fork Valley lifestyle even more desirable. n Listings are gold now! With limited product to sell today, sold dollar volume, the number of transactions will decrease significantly in 2022 throughout our valley, but I don’t see prices going down, baring a major macro event. | 970.948.7055

2021 4th Qu

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Real Estate Brokerage In The Roaring Fork Valley

Assisting more sellers and buyers with their real estate needs than any other brokerage

The market share of our next competitor

Exclusive luxury rental listings between Aspen, Snowmass and Basalt

Hand-picked brokers who set the bar in market knowledge, experience, and unparalleled customer service

970.948.7055 | | 970.948.7055

970.948.7055 |

Sotheby’s International Realty Market Leaders Just over 50 Sotheby’s International Realty Market Leaders sold $8.25 billion in 2021. I am proud to be a member of Sotheby’s Market Leaders Group and to partner with the top agents in all of our primary markets around the globe. Together, we collaborate on marketing opportunities, share best practices, and provide local market expertise. Call me today if you would like my help connecting with a world-class Sotheby’s advisor in your local market. Makena, HI

Ryan Maclaughlin & Rick Brandt

5 BD | 6 BA | 4,350 SF | .94 AC | $25,950,000

New York, NY

Jeremy V. Stein 5 BD | 5 BA | 5,264 SF | $12,000,000 | 970.948.7055

Cambria, CA

Eric Lavey & Dusty Baker

5 BD | 9 BA | 12,188 SF | 78.5 AC | $40,00,000

Miami Beach, FL

Jorge Uribe

5 BD | 7 BA | 5,106 SF | $9,875,000

Imagine one destination where you will discover luxury real estate in Colorado’s Premier and World Class Ski Resorts. From Aspen to Vail, Telluride to Steamboat, Breckenridge to Crested Butte, Beaver Creek to Keystone, Copper to Snowmass, to Winter Park and everything in between, our luxury team of professional real estate brokers with Sotheby’s International Realty has you covered.

CRESTED BUTTE | 1515 Red Mountain Ranch

STEAMBOAT SPRINGS | 28405 Skyline Drive

$5,100,000. | 4 Bed | 4.5 Bath | 4,975 SF | 35.1 AC

$2,981,000 | 4 Bed | 4 Bath | 5,321 SF | 37+ AC

Gary Huresky | LIV Sotheby’s International Realty

Cam Boyd | Steamboat Sotheby’s International Realty

TELLURIDE | 200 Cortina Drive Lot 10

VAIL | The Hythe Penthouse

$7,295,000 | 6 Bed | 6 Bath | 5,144 SF

$11,995,000 | 4 Bed | 5 Bath | 3,448 SF | 6,000+ SF Rooftop Terrace

Dan Dockray | LIV Sotheby’s International Realty

David McHugh, Jeffrey Morgan, Heather Losa 970.948.7055 |

Expertise, Experience and Local Advantage


hris Klug is a long time Aspen Colorado native, and

Chris has acted as Owner and President of Klug Enterprises,

knows a thing or two about mountain living. It’s only

Inc., a marketing and sales firm. Chris is the Founder and

natural he became an Aspen Realtor. Chris got involved in the

current Chairman of the Board of the Chris Klug Foundation.

sport of snowboarding in the early days. His snowboarding

In 2004 Chris created the Aspen Summit for Life event to

accomplishments include: three-time Winter Games

raise awareness and funds for organ donation awareness.

participant, Olympic Bronze Medalist in Salt Lake City in

In addition Chris has owned and operated Klug Riding, an

2002, eleven-time US National Champion, twenty-year

eCommerce website.

veteran of the Snowboard World Cup, and five-time World Cup Champion, Chris has spent plenty of time exploring mountain communities around the world and the best one situated in the Elk Mountains in Aspen, Colorado. In addition to his real estate duties and his passion for outdoor activities, Chris devotes his energy to promoting life-saving

On or off the sports podium, it comes down to hard work, honesty & integrity.

organ and tissue donation through the Chris Klug Foundation. As a 21-year liver transplant recipient himself, Chris is

Chris is proud to be a licensed Real Estate Broker with Aspen

dedicated giving back to help the more than 100,000 people

Snowmass Sotheby’s International Realty in Aspen, CO. He is

waiting across the country today for a second chance at life.

committed to bringing the same enthusiasm and commitment

In 2004 Chris founded the Chris Klug Foundation with the

to his real estate activities that has made him a champion

mission of promoting life-saving donation and helping improve

snowboarder and helped him persevere through a life

the quality of life for donors, recipients and transplant families.

threatening liver transplant surgery.

Chris has developed diverse skills in sales, marketing

Chris Klug’s record proves that dedication achieves results. His

and communication through a variety of activities. His

appreciation for the quality of life the mountains have to offer

snowboarding career and transplant experience has provided

allows him an intuitive approach to pairing clients with their

Chris a tremendous platform to help inspire others with his

homes. With his extensive competitive athletic experience and

story. Chris is a professional corporate and motivational

devotion to preparation, you can count on Chris to get the deal

speaker and has shared his message with thousands at

done. Working with Chris will most help land you on the real

over five hundred events nationwide the past 3 decades.

estate podium. n | 970.948.7055

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