Tuesday, June 7, 2011
The Steamboat Pilot reports that Storm Mountain Ranch developer Jeff Temple and his wife, Kim, have sold their home on Water Song Lane on a prime 70-acre tract fronting the largest pond in the development for $5.3 million.
“We really feel fortunate,” Temple said. “I got a fair price. And the sale, with the price per square foot, shows the value of a shared ranch community. It’s a big accomplishment.”
The 4,855-square-foot home sold for the equivalent of $1,091 per square foot, albeit on twin 35-acre lots at Storm Mountain.
The buyer’s broker said her client acted when the price was reduced a second time to $5.7 million, and the deal was put together within a week.
The home is all on one level with a family-style floor plan, and the home is easy to maintain, the broker said. It has a high level of finishes but succeeds in looking unpretentious.
“It’s a house you can make a home,” she said.