Bachelor Gulch Real Estate Market Stays Strong
Ski-in/Ski-Out Properties Always A Hot Item
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
Related Links
Bachelor Gulch High End Market Keeps Very Active
The Ritz-Carlton, Bachelor Gulch
THE New Hot Spot in the Beaver Creek Area
| Contributed by Doug Schwartz dougs@gatewayland.com Office: 970.926.6777 | Cell: 970.390.4660 | Fax: 970.926.2698 http://www.dougschwartzvail.com |
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