A fusion of modern mountain luxury, comfort, and convenience embraces every facet of the Vail Valley’s finest new development, The West End.
In my opinion, lifestyle should be one of the most important issues considered when buying a new home. Whether it is your first home, your retirement retreat, or your vacation condo, the lifestyle that your new home offers will help dictate your level of enjoyment and happiness. The location, amenities, opportunities, and surroundings create a lifestyle that accompanies a home. For example, one of the Vail Valley's finest new developments, The West End, provides, what I believe is, an unparalleled lifestyle. The location is unbeatable, in the heart of Edwards, within walking distance to world-class dining, shops, and the Farmer's Market, and yet is steps from biking, hiking, and the Eagle River Preserve. And the amenities are amazing, with a fitness center, hot tub, fire pit, children's fountain, and the much desired parking and storage. There is no place better than the Vail Valley to own a home and there is no place that offers a better lifestyle than in the heart of Edwards. This rare opportunity to live in a masterpiece in the Vail Valley is now becoming more real with The West End development. The showroom with interior finishes is open daily from 10am to 6pm across from the Gore Range Brewery in Edwards.
Now available for purchase in Homestead, CO. . Terrace Ridge TH 1B, listed at $589,000! With approximately 2125 square feet (per county records) this spacious and comfortable townhome represents a great value (approx. $277/sf) in the hottest community in the high country! Edwards is truly the new heart of the Vail Valley for locals and vacationers.
New carpet and paint add to the warm and cozy feel of this home.
Located a short walk from the Homestead Court Club, and all of Edwards fantastic amenities.
Please call or email me anytime to view this beautifully maintained townhome in Homestead, CO!
14 ranches with freedom of choice, privacy, security and a sense of the Old West.
Conceptually based on Eagle County’s ranching history, when most residents grew lettuce and raised cattle, The 825 is a collection of 14 ranches ranging from 35 to 81 acres that sit on the south side of Wolcott overlooking Castle Peak, the Gore Range, Game Creek Bowl, Vail, the Flat Tops and Piney Ridge. There is nothing else like this community in the Vail Valley.
The philosophy at The 825 is to allow homeowners the freedom to live in this untouched area in a way that is harmonious with their surroundings, preserves wildlife and protects existing forest and plant species. Thoughtful respect for the land and its surroundings is the base for this project – a refreshing change from the typical “build it up and they will come” mentality.
Rick Hermes and his team at Hermes Resort Properties have designed The 825 (the total community acreage is 825) focusing on the owners’ needs and wants. Ranch owners will have access to two owners’ cabins, an event cabin on the lake and 10 miles of private trails that will link to BLM land, Red Sky Ranch Golf Club and within the community. This is not an all services club – it’s a place where you can build your home and live on your land the way you want to (okay – you can’t build a track and have car races) and enjoy the conveniences of living in the Vail Valley.
For more information on The 825 Wolcott Ranches or other Vail Valley real estate contact Karen Gilbert at 970-331-1482, karen@gatewayland.com or check out my website at www.karensellsvail.com
Acre lot with pristine views available; 410 Harrier Circle
Thinking of building your dream Ranch Style Home in Eagle Ranch? This acre lot backs to fabulous, pristine mountain views perfect for the outdoor enthusiast. Close to hiking trails and BLM land, this homesite (410 Harrier Circle) is encompassed by scerene living, and is so close to various ammenities the Town of Eagle has to offer.
Builder/Developer, Matt Bribach of Oredigger Construction INC.; envisions a ranch style home, chuck full of lavish ammenities, such as an outdoor kitchen, expansive firepit, hot tub, and water-feature to fully explore and utilize the expansive views for extremely inviting outdoor living spaces. Backing up to open space creates a truely intimate setting.
For more information on this lot Please contact Jill Hopkins 970.376.8692
For Sale or Lease: Light Industrial Commercial Spaces Available in Edwards, Colorado
Light industrial commercial spaces are available for sell or lease at the new Edwards Design and Craft Center on Highway 6. Great opportunity to own or rent the newest and best commercial space in the Vail Valley. Spaces can accomodate one and two bedroom loft apartments. Commercial units available from 1600 square feet to over 8000 square feet.
For more details contact Keith Thompson, broker associate at Gateway Land and Development 970-331-5805 or email: keith@gatewayland.com
Summit habitat has incorporated eco friendly building practises on custom homes for over a decade. At the Pointe they had the opportunity to pull them together, to make a conscious difference with the enclave of 11 homes. We are proud to be certified ECOBUILD through meeting the criteria set by Eagle County in our building practise, construction materials and landscaping. We are also working to attain prestigeous, national Built green certification. We considered the environment from planning to completion, giving an eco focus to our ever present commitment to aesthetics, function and value.
In purchasing a home at the Pointe, you are choosing a home wich was designed ad built with the environment a s priority. all this withina quarter mile from public transportation and less than a 2 minute walk to all of the amenities in downtown Edwards. The pointe is a lifestyle.
Nestled on a quiet bluff overlooking Riverwalk you find the Pointe. Conceived in contemporary sophistication, Sub Zero, Wolf and 5 star Energy rated systems. Make a pointe to live green in style. Call me Gerlinde Debie at 970.926.5579 or send me an email gerlinde@gatewayland.com
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.
The Vail Valley real estate market continues to show sluggish sales, although June 2008 saw the most transactions year-to-date.
The first half of the year concludes with 172 transactions in June, the highest number of transactions so far this year. Eagle had the most transactions with 24 followed by Lionshead with 17. Sixteen of those transactions in Lionshead were Arrabelle units which sold for more than $67 million; 8 of the Arrabelle transactions were over $4 million in price.
Year to date, Eagle County topped the $1 billion mark and has an overall average sales price of $1,345,476. Lionshead has been the main contributor thus far with 68 transactions and more than $228 million in dollar volume. This is nearly twice the volume as Beaver Creek, the area with the second highest dollar volume.
June highlights:
There were 96 multifamily units that sold for an average price of $1,217,563
There were 8 transactions over $4 million
Lionshead had the highest dollar volume, $68,860,000, with an average sales price of $4,050,588
To learn more about the Vail Valley real estate market, or to receive year-to-date sales statistics in PDF form, please contact me anytime.
It seems Vail Resorts' massive project slated for West Lionshead has already been approved. But just so you know, it hasn't! If you read the Vail Daily, everyone quoted seems to talk about it as a foregone conclusion, and maybe it is.
Vail Resorts, through a deed restriction, has the ability to shoot down any new development on the Lionshead parking structure. So if they (VR) don't get what they want, the town won't get what it wants. The big question is: will the residents of Vail get what they want??!! Do any of the locals even want EverVail?
Across the board, everyone will say the town needs more parking (and it does). But to attach a $1 billion development to the concept of this needed parking is a bit out of hand. Vail Resorts is shrewd and always well prepared, but it seems the public is asleep on this one. Is there no way to address the parking scenario without building EverVail?
It remains to be seen what will result, especially with the current real estate downturn, but it sure feels like EverVail is simply a matter of when, not a matter of if??
4 Bedroom, Plus Loft Manor Vail Penhouse Model is Open for Viewing
Take time while you are visiting Vail to view this magnificent new Manor Vail condominium which extends the full depth of the building, offering both Vail mountain and Gore Creek views.
There are 2 bedroom condominiums available from $3,950,000, for 1,862 Square Feet, to 4 bedroom, plus loft corner units, listed at $9,350,000. The model is 3,807 square feet of luxury, with custom alder cabinetry, wood beam ceilings, walnut 2-panel entry doors, black walnut floors, stone fireplace and granite and limestone counters. Entertain your family and friends from the large private deck and watch the skiers come down Golden Peak on Vail mountain.
In Summer you can easily walk to the Betty Ford Gardens, Ford Amphitheater, and Vail Village and enjoy the concerts, plays, ballets and fine restaurants in Vail.
Living Room in Manor Vail Penthouse
Manor Vail Penthouse Dining Area
Manor Vail Penthouse Bedroom with Private Deck offering Million Dollar ---Vail Mountain Views
The Penthouses at Manor Vail offer ---
2 Pools, 4 Hot Tubs
Fully Air-conditioned homes
Underground and surface parking
Ski Lockers
Room Service and Concierge Service
Private Elevator Access
To arrange for a tour of the model and for more information on the 8 remaining new condominiums available at Manor Vail, located at the base of Golden Peak in Vail, contact Teri Lester, Luxury Home Specialist 970-376-0779 or tlester@gatewayland.com
With many lenders in a liquidity crunch, buyers are finding mortgage money hard to come by. However, there is another alternative.
Of late buyers are finding it increasingly difficult to find mortgage money. When prices of real estate adjust downward (nationally) banks holding mortgages find their ability to lend money for homes diminish. Banks are required to have $1 dollar on hand for every $29 loaned out. When things change, ie: value of real estate falls, banks find themselves in what is called a “liquidity crunch”. Learn more about this by clicking on the attachment below.
Because many banks are faced with a liquidity crunch, they have no money, so to speak, to lend unless you are a well established customer. Even then it is difficult to get financing. However, there is good news for buyers; it’s a good time for sellers to be the bank. Many sellers in the Vail Valley and Eagle County do not need the cash at closing and therefore are in a position to be the mortgage holder/bank for a period of time while this financial mess gets straightened out.
It is a win-win situation for the buyer and seller. Seller’s receive income from an asset they own at a higher interest rate than banks are paying for deposits and in all likelihood, get a safer return than putting the money in the turbulent stock market. The seller still owns the home while receiving income in the form of interest payments until the buyer pays off the mortgage or refinances at some point in the future when the financial markets are in better shape.
The buyer wins during these times because there is another lending option available, the seller. Once the financial markets stabilize the buyer can secure permanent financing for the home.
Now is a good a time to buy; lots of inventory with serious sellers pricing their property at the current market. As strong as the Vail Valley/Eagle County real estate market is, it is unrealistic to think property values will increase 20% or more every year. So, now is the time to buy while values are flat, before the next run-up occurs.
The trick right now is to find a home that is properly priced with a seller willing to be the bank. To do that, you need to find a broker who knows where those opportunities can be found. So, what are you waiting for, find yourself a good broker and get out there and shop around.
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resorts, Vail and Beaver Creek, offers location, location, location and a great real estate buy. 
