Resales driving Vail Market
Arrabelle, Lionshead lead Eagle County in sales
A Florida family didn’t mind paying a more than 1 million $ premium for a 4 bedroom penthouse in the new Arrabelle at Vail square condos in Lionshead. After coming to Vail for christmas for the last 2 or 3 years, the family wanted to buy something where they would make memories with their 4 kids. Eventhough the condo origionally sold for 4.4 million before construction was complete, the family was happy to pay 5.6 million for a one of a kind place.
SixteenArrabelle transactions were recorded in June, selling for an average of 4.1 million a piece, according to Land Tittle. Of the 67 condos at Arrabelle, 21 have been resold so far.
The Arrabelle has condos, hotel rooms,a spa, restaurants and stores like Burton, Vail sports and Patagonia.
For information on new development opportunities in the Vail valley call or email Gerlinde Debie at 970.926.6777
| Contributed by Gerlinde Debie gerlinde@gatewayland.com Office: 970.926.6777 | Cell: 970.471.2293 | Fax: 970.926.2698 http://www.gerlindevail.com |
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