Blog: March 2007

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.

The Vail Valley real estate market for 2007 is off to a strong start!??

Another record setting month!

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The total sales volume for this January shattered last year?s record by over $35 million, showing $173,416,500 in real estate sales in Eagle County.? ?2006 ended with the second highest real estate sales volume ($2.75 Billion)?in the recorded history of Eagle County, second to the record setting previous year, 2005.?($2.8 Billion)

Red Sky Ranch is arguably the best golf and alpine ranch community in the entire Vail Valley.? Located in Wolcott, CO, just west of Vail and Beaver Creek and just east of the Eagle County Regional Airport, Red Sky Ranch offers 2 fantastic golf courses.

Lot 60 is a wonderful 1.76 acre homesite located on the 5th green of the Fazio designed course.? The front yard has views of Bellayache Ridge as well as the Fazio pond.? (It's fully stocked with HUGE native cutthroats and rainbows)

This great homesite is now offered at $795,000 with both Red Sky Golf and Bachelor Gulch Club Membership options available.