Blog: August 2007

Now Under Contract!? 783 Hernage Creek Road recently had a HUGE price reduction of $76,000.? While now under contract, the sellers are still accepting backup offers on this great single family home in Eagle Ranch.

(Current Buyer does have ability to drop contignecies in the event a back-up offer is accepted.)?
Now offered at $1,199,000.

To learn more about this amazing new construction, please contact me anytime.

The Cordillera Valley Club, located in Edwards just above the valley floor, has seen a solid summer is real estate activity.? There are currently 9 single family homes listed for sale, ranging in price from $1.75 million to $4.675 million.? And for those looking to build, there are 5 homesites on the market, ranging in price from $525,000 to $895,000.

The view above is what?awaits you from the wonderful home currently under construction at 802 Beard Creek Trail.? This 5 bedroom/ 5 bathroom (plus two powder rooms) 7,665 square foot estate, promises to be one of THE signature homes in all of Cordillera.? Offered at $4,675,000.

Upon release this past spring,?the Ritz-Carlton Residences, Vail had a great response, with 57 of 71 going under contract.? But here we are in August, and only 44 luxury condos are still under contract.?(that's still pretty darn good: 62% in the first few months) ?So, it seems 13 reservation holders decided to pull out,?resulting in?27 units still available for purchase.

This project is the cornerstone of the West Lionshead redevelopment, and it remains to be seen in what form that development takes. (the Town of Vail is still deciding how to move forward with this massive proposal)? Construction has begun on the Ritz project, with an expected completion in?late '09, early 2010.

Prices?of the available units range from?about $2.8M for a 1660 square foot 2 bedroom, up to about $11M for a 4100 square foot 6 bedroom penthouse.?

Please feel free to call or email me to learn more about the Ritz-Carlton Residences, Vail or the West Lionshead redevelopment.