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A year of big changes in Aspen real estate

The last lots of an Aspen property that’s been in the Barbee family’s hands since the 1940s sold this week, which closes the book on both the legacy property’s transfer to the next generation of ownership and the direction that real estate sales in the upper valley have taken in 2020. Lots 1 and 2 in the Barbee Family PUD at 700 and 701 S. Garmisch sold for $12.3 million and their agent was Carrie Wells of Coldwell Banker. The sale closed Dec. 30. “They’ve been great stewards of the land,” Wells said of the Barbee family, who were approached for years by myriad parties to sell the rare downtown land but held onto these final pieces until 2020. The original parcel from the 1940s spanned 14 acres and the log building that’s still standing is said to date back to 1880.

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