Bachelor Gulch Real Estate Market Stays Strong

The gated community of Bachelor Gulch continues to see strong residential real estate sales.? Connected to both Beaver Creek and?Arrowhead?ski areas, Bachelor Gulch and its 5-star anchor, the Ritz-Carlton, Bachelor Gulch, consistently draw buyers and skiers to this wonderful ski-in/ski-out neighborhood.

Since February 2, 2007, there have been 12 sales, (blog written on 3/23/07) with a median price of about $3.5M.? There are currently 18 properties under contract (including 8 Ritz Residential Suites; this amazing hotel is soon to be the home of Wolgang Puck's Spago restaurant!)? And there are 31 condos, townhomes and residences currently on the market.? Relative prices ranged from $800/sf up to about $1300/sf.? Obviously, there are some good opportunities for the savvy buyer.

To learn more about the Bachelor Gulch market, or about the Vail Valley in general, contact Doug Schwartz at (970)926-6777 or at dougs@gatewayland.com