2 Fantastic Listings in Arrowhead

For those of us that love to ski without crowds, Arrowhead has always been a hidden gem.  This community’s real estate market has stayed hot, both with the number of transactions and dollar vloume.  97 Hillside Court and 35 Cresta Court are 2 listings that exemplify what Arrowhead has to offer.

97 Hillside Court (view pictured above) is over 6500 square feet of unmatched privacy, views and attention to detail.  This wonderful 5 bedroom home is currently listed at $4.5 million.

35 Cresta Court (kitchen pictured above) is actually located on Arrowhead Mountain itself.  With 6 bedrooms and over 6000 square feet, this mountain retreat offers plenty of space for entertaining and enjoying.  Currently offered at $6.5 million.

Located in the heart of the Vail Valley, (just west of Bachelor Gulch and just east of Edwards), this exclusive community has golf, tennis, fine dining, and true ski-in/ ski-out properties.  To learn more about these great properties or about Arrowhead in general, please contact me anytime.

Whole Ownership Opportunities in the Ritz!

The Ritz-Carlton, Bachelor Gulch, is one of the most highly acclaimed resorts in all of Colorado.  And the beautiful rooms of this hotel are currently being transformed into whole ownership condominiums, the Ritz Residential Suites. Many have already been sold, but several opportunities remain to own in this exclusive ski-in, ski-out mountain property.

Currently available:
3 studios from $589,000.
3 1-bedroom units from $1,115,000.
9 2-bedroom units from $1,840,000.

This is truly one of the premier resort properties in all of North America.  The Ritz Residential Suites provide unsurpassed service and amenities to all of its owners.

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

Mid Vail Valley real estate sales trends

Beaver Creek, Bachelor Gulch and Arrowhead continue to be hot spots in the Eagle River Valley.  During January this section of Beaver Creek Mountain accounted for almost 17% of the total Eagle County sales with over $28 million dollars sold.  These three areas have seperate entryways to the mountain but are very different.   Beaver Creek remains the main entrance with  shops and lots of daily lodging.  Bachelor Gulch has the Ritz Carlton and many private residences.  Arrowhead is a community with a village core for skiiers but remains primarily homes for people who like the convience of other assets in the Valley.  If you might be looking for living quarters from 1000 to 10000 square feet give Gateway Land a call.  The professionals will search your criteria and only show you what you want.  To get started you can call Steve Morris at 970-926-6777 or email him at steve@gatewayland.com.  There is always someone ready to handle you needs promptly.

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

Recent Sales in Bachelor Gulch = Big Price Tags

There has been a lot of talk recently about the high-end market here in the Vail Valley.  And a perfect example of this can be found about 10 miles west of Vail, in the exclusive neighborhood of Bachelor Gulch. (Located right next door to Beaver Creek.) This beautiful home just sold for $14.2 million, or approximately $1420/sf.  That’s a lot of dough!

There have been 9 sales over $5 million, (including 3 over $10 million)  out of the 41 sales in the past 6 months.  The most expensive on a per foot basis is a Ritz-Carlton Townhome at $1633/sf, while the home pictured above had the highest purchase price.  (This fantastic home was listed by Gateway Land and Develpoment’s owner, Suzi Apple.)

There are currently 44 active listings in Bachelor Gulch, with 11 others currently under contract.  The bulk of the 41 sales from the past six months were priced in the $800-$1000/sf range.

To learn more about the real estate market here in the Vail Valley, or about Bachelor Gulch specifically, please contact:

Doug Schwartz at dougs@gatewayland.com or at (970)926-6777 or visit www.vailpropertysearch.com

A continuatation of Beaver Creek Real Estate series focusing on Snow Cloud

Location, location, location!  Snow Cloud is located in the heart of Bachelor Gulch, next to the Ritz Carlton at Beaver Creek with spectacular views of the mountains.  Just steps away from the ski lift, Snow Cloud is a true ski in / ski out property.  The condos are very spacious with two to six bedroom floorplans.  The interiors are beautifully finished with hardwood floors, vaulted ceilings, gas fireplaces and decks.  All owners enjoy front desk service, an owners ski locker room and storage.

Currently there is a three bedroom and several four bedroom condos available for an average price of $981.00 per square foot.  This is one of Bachelor Gulch’s best values and location.

For more information on properties in the Beaver Creek, Bachelor Gulch or Vail Valley please call Betsy Randall at (970) 401-3011 or betsy@gatewayland.com.