Floor to vaulted ceiling windows makes this home bright and airy.

Enjoy townhome living in this 2-story Cornerstone condominium located in Eagle Vail, which is mid-way between Vail and Beaver Creek Resorts.  This home has been completely renovated to include granite countertops in the kitchen and bathrooms, new appliances, knotty alder cabinetry, hardwood floors, Berber carpeting and new fixtures.  The living room features floor to vaulted ceiling windows making the home bright and airy, as well as a wood burning fireplace with a granite hearth and wood mantel.  One bedroom suite is on the main level, with the two other bedrooms located upstairs.   Eagle Vail is a quiet, friendly neighborhood with many amenities that include a 9-hole and a tennis and swim club, and close to skiing, restaurants, shops and cultural activities.  Offered at $485,000.  For more information please feel free to call Betsy Randall at (970) 401-3011.

Vail Valley’s best neighborhood also has some of the best real estate buys.

Eagle-Vail, Vail Valley’s mature neighborhood strategically situated between North America’s two premier world class ski resorts, Vail and Beaver Creek, offers location, location, location and a great real estate buy. 

Most duplexes in Eagle-Vail are in the 1,500 sq ft to 2,500 sq ft range, and come with a small two car garage.  This configuration works well if you are starting a family or are down sizing. 

What about a home in the Vail Valley’s best neighborhood for a growing family or a family retreat?  Well, there is a duplex (consider it a primary/secondary) that is 4,000ish sq ft, lots of storage, a monster 3 car garage and located on a nice quiet street. 

Location of the home?  Walking distance to the community’s signature amenities; parks, swim, tennis and golf.  Eagle-Vail also has a K-6 and a high school.  The high school is scheduled to move to Edwards in late 2009.  Shopping?  Two miles or less.

Priced below the County’s assessed value this comfortable home in a great location is a buy at  $1,100,000.

To merge or not to merge/combine Eagle-Vail’s two governing entities to be discussed tonite

As a follow up to a recently completed Urban Land Institute Study (ULI) conducted for Eagle-Vail in June, a Special Meeting will convene tonight at 5pm to see what is what. 

One of the recommendations strongly made from the panel’s findings was to merge/combine the two governing bodies into one to reduce confusion from the homeowners as to just which governing body does what and make for a more efficient governance moving Eagle-Vail forward.  The panel also recommended this item be addressed before moving forward with its other recommendations.

Since Eagle-Vail’s inception in the early 70’s, Eagle-Vail has been run by the Metropolitan District, (a quasi governmental entity) a subsidiary of the State of Colorado and a Property Owners Association.

The Metro District was originally responsible for water, sewer, fire protection, recreation and the taxing entity for the neighborhood.  The Metro District is also the owner/operator of the recreation facilities and land.  Currently the Metro District’s responsibilities are recreation and the taxing entity; fire, water and sewer have been consolidated with the Eagle River Fire Protection District and the Upper Eagle Water and Sanitation District.

The Property Owners Association’s main responsibilities are code enforcement and Design and Review for homes and buildings in Eagle-Vail.

Metro District Board Members are required to run for public office and are voted on by the residents of Eagle-Vail in a public election held every two years.  The board members for the Property Owners Association are elected at the annual Home Owners Meeting by those residents present at the annual meeting.  The Metro Board is required to act under strict rules as mandated from the State of Colorado.  The Property Owners Ass operates under its governing documents filed at the County.

Tonight’s meeting could be very short if the members of one or both boards indicate they are not interested in merging/combining the boards in some form or fashion. 

If both boards are in agreement with the recommendation of the ULI study, meaningful discussions shall occur on just how the combining/merger will occur.

1282 Deer Blvd. (east half) Soon To Be Listed

Coming soon to Eagle-Vail; 1282 Deer Blvd Unit B!!  This 1/2 duplex with great views is currently being remodelled and should be listed in early August 2008.  Call now for the inside scoop and to take a look before it hits the market.

Backing to a wooded hillside that will never be developed, this mountain home offers privacy, convenience, and great living spaces.  The main living room has 2 sitting areas and a deck capturing the big views to the north.  The kitchen faces the green of the treed back yard and the attached dining room with a large bay window.

The top floor has both a large master bedroom with a new walk-in closet, and a large secondary bedroom.  Both top floor bedrooms have brand new bathrooms and have their own private decks.  The lower level consists of a smaller bedroom with its own bathroom, perfect as an office or guest bedroom.  And the attached 2 car garage has a huge work bench and tons of storage.

Check it out now before everyone else does!  Please feel free to call me anytime to set up a tour, or to learn more about this great home in Eagle-Vail.

Eagle-Vail Entering into a Renaissance Phase

Eagle Vail, the oldest of the down valley neighborhoods from Vail is in the beginnings of a renaissance.  Fresh off a continuation of the current mil levy and a just completed Urban Land Institute Study, Eagle-Vail is moving forward with long range planning for the neighborhood.  Eagle-Vail is comprised of some 1,500 homes located between two world class resorts, Vail and Beaver Creek.

With the mil levy continuation, (Phase I) the Metro District will be able to shore up the balance sheet, begin deferred maintenance on the recreation facilities and build a new swim facility.  Phase II will be Master Planning for the neighborhood going forward for the next several years which will include identifying new funding sources to complete the Master Plan.

With that being said, Eagle-Vail is a buy right now.  Look for prices to continue to rise as the renaissance unfolds.  Today sales of duplexes are averaging $323/sq ft.  There are currently homes priced well below the $323 number. 

For instance there is a 5bd, 4,000 sq ft home with a rare and I mean rare 3 car garage listed at $284/sqft.  That’s $39/ft below the average selling price.  Lets say you wanted to make changes to the home (update it) and you spend $100K (very generous) doing it.  You would then “be all in” at $309/ft which is $14/below the average selling price of $323/ft.  Assuming you did make changes, the home would now be at the high end of sold price per ft, which would be in the $380/ft range.  

So, you buy at $284/ft, spend a generous $100K and end up with a home worth $1.5mm; sounds like a smart buy to me.        

A Panel of 9 experts In Various Fields Pick Eagle-Vail As One Of Its Studies for 2008

The neighborhood of Eagle-Vail, located between Vail and Beaver Creek, scored and scored big when it was picked from numerous requests from large cities  and major new developments across America to have a panel of experts from various areas of  land planning perform an analysis of the neighborhood.  Limited to just 12 studies a year, Eagle-Vail a neighborhood of 1400+ homes, is ecstatic that they were one of the studies picked.

The ULI panel consisting of 9 panelists and a staff of 3 will spend the week of June 22, 2008 performing an intense study of the neighborhood focusing on the neighborhood’s recreation facilities, school property and the future of Eagle-Vail.   The study includes a day of “getting the lay of the land”, a day of interviewing up to 100 individuals and 2 days of being behind closed doors brain storming.  The study will conclude on June 27, 2008 with a public presentation of its finding and recommendations.

When the panel leaves town they will leave behind road map to be used by the sponsors to help determine the future direction for the aging neighborhood.

The study is funded by the Eagle-Vail Metropolitan District, the Eagle-Vail Property  Owners Association and the Eagle County School District.

Eagle-Vail is a family oriented neighborhood between Vail and Beaver Creek Mountains.

When it comes to families, Eagle-Vail has it all: quiet neighborhood streets, pocket parks, a swim and tennis club, a Par-3, 18 hole golf course, a community pavilion, a pond, Battle Mountain High School and Meadow Mountain Elementary School.  This residential neighborhood, just 5 minutes from Beaver Creek and 10 minutes from Vail is part of the Town of Avon.  It backs up to the National Forest, providing access to numerous hiking and biking trails.  Previously a backcountry ski route, Polly’s Plunge is now a marked trail off of Beaver Creek’s Rose Bowl that drops skiers off on the Eagle-Vail Golf Course.  In the winter, the golf course becomes a haven for cross country skiing and snowshoeing. 

One of Vail’s older neighborhoods, Eagle-Vail homes come in every type, shape, size and age.  Many have been remodeled and plenty have not so if you’re looking for a fixer upper, or want it all done for you, you can find it here.  A nearby business area gives residents access to shopping, dining and services and is home to one of our favorite Italian restaurants – Ti Amo. 

For more information on Eagle-Vail or other Vail Valley real estate contact Karen Gilbert at 970-331-1482 or karen@gatewayland.com, or visit my website www.karensellsvail.com.

3000 Eaglebend #10 Is Now Just $780,000!

The Seller Wants to Sell!  We hear this all the time, but the seller of 3000 Eaglebend #10 in Avon, CO means it!  Originally listed at $895,000 (due to the sale of a similar neighboring home selling for $840,000 in August of 2007) this amazingly remodelled single family home is now priced at $780,000!  Instant equity as they say!

Located on the Eagle River, with private river access, this enclave of beautiful homes lies between Vail and Beaver Creek Resorts.  Fly fish just steps from your 3 level, designer finished home.  Keep your toys in the one car garage!  All of this and more in an upvalley location.

NOW is the time as the seller is considering a long term rental.

Please contact me to learn more about this great opportunity.

Great Single Family Home on Eagle River in Avon!

Over $100K!  That is the amount of the recent price reductions on 3000 Eaglebend Dr. #10, a wonderful single family home on the Eagle River.  Located between the communities of Avon and Eagle-Vail, this upvalley location is close to the slopes for both Beaver Creek and Vail.  And it sits right on the Eagle River, with private Eagle River access for all homeowners in this cozy enclave.

The master bathroom (pictured above) is typical of the superior upgrades and finishes that exist in this spacious 3 bedroom home.

Now offered at $795,000!!

To learn more about this awesome property in the heart of the Vail Valley, please contact Hank Sender at (970)376-7857 or myself anytime.

Voters of Eagle-Vail Send A Message They Are Ready To Begin Reinvesting In The Neighborhood.

Eagle-Vail residents sent a clear message to the Metro District in yesterdays mail-in election.  By a margin of 3 to 1 in favor, the residents made it clear that it is time to reinvest in its recreational amenities.

Eagle-Vail, located beteween Vail and Beaver Creek ski areas, has been faced with aging recreational amenities and no real way to repair/replace its facilities.  As an unincorporated area, it is not allowed to collect a sales tax.

Eagle-Vail’s amenities include an outdoor swiming pool, tennis courts, an 18 hole golf course, a 9 hole par-3 golf course, several pocket parks and soon hiking tails.

With the passage of 5-A Eagle-Vail will have a new revenue stream allowing for a new swiming pool to replace the now defunct pool.  The new revenue source will also be used to pay operating costs of the amenities as well as begin to make needed repairs to its pavillion, tennis facilities and the golf course.  The new revenue will also help fund a hiking trail.

Passage of 5-A is the first step in the reinvestment of the neighborhood’s 30 year old amenities.  A conceptual future master plan has been in process with the residents imput for the past several months and will continue until there is a consensus among the residents.

Once the consensus is made the next step will be to find additional ways to fund the new master plan.