Edgemont luxury ski in, ski out condos in Steamboat see a price drop

Wednesday, February 2, 2022

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Its rare to see a price drop in this bustling market, especially at Edgemont, luxury ski in, ski out condos in Steamboat.

Edgemont Steamboat condominiums

Most condos in Steamboat Springs are selling in a matter of days from listing, especially those priced under $1 Million. As of today’s post Feb 2nd, 2022, there are only four condos priced under a million, 40 sales pending (under contract), and 77 closings. Here are the condo sales in the past 30 days.

Here is another real estate search tool to see listings and sales history at Edgemont.

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West condo sale a deal if a Arms Length Transaction

Monday, February 10, 2020

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The West Condos in Steamboat SpringsWest Condos with 3 or more bedrooms for sale are rare. The last one posted to the MLS that closed was in April 2008 for $495,000. But not all deals are necessarily found online. Our local newspaper notes a 3 bed sale at The West condos for $385,000. I’m not sure if this was a Arm’s Length Transaction, but if so, the Buyer got a heck of deal. Value depending on quality finishes may be around $500k.

 

 

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Fox Springs: Steamboat’s Newest Condominium Development

Monday, January 20, 2020

Steamboat Springs’ newest condominium development Fox Springs phase I nears completion. Owners will be moving into their homes soon. The 50-unit 2 bedroom condominium development, located on Hilltop Parkway between downtown and the mountain, is the latest offering from the family-owned construction outfit Kreissig Homes. 

Fox Springs is six contemporary, three-story buildings set around a circular drive. Each of the units offers a private deck overlooking park-like grasslands with views of Mount Werner. 

Fox Springs real estate

Most of the two bedroom, two bathroom homes come with a two-car garage and approximately 1,000 square feet of living space. Prices range from $415K to $475K per unit with a final completion date scheduled for 2021. Fox Springs Contemporary 2 Bed Condos

Buyers have the option of several interior finishes. Each property comes with stainless steel appliances, maple cabinetry, shaker-style doors and quartz countertops. High efficiency and low maintenance exterior finishes will contribute to the promise of low homeowners fees. See the brochure.Fox Springs new condominiums Steamboat Springs CO

Steamboat yet again makes a top 5 list. This time, best place to own a vacation home

Sunday, April 21, 2019

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Steamboat’s popularity continues - Ikon Pass got us going even stronger this year with skier visits and now another recent article and Bloomberg study shows Steamboat Springs ranked 5th on the list of best places to own a vacation home.

One problem with a vacation “home” comes vacation “maintenance”. This is why you may consider the low maintenance option of a townhome with a well managed home owner association (HOA) such as the townhomes at Fox Willow.

Steamboat Fox Willow TownhomesFox Willow townhomes are a smaller complex of only 8 residences, so there isn’t the excitement during popular vacation times as most other condos and townhomes in the mountain area of Steamboat. The development also has 1.4 acres of common area designated as green space.

As popularity of Steamboat Springs continues, so does the idea of owning a vacation home here. Don’t wait until inventory is less as we often see in summer. Less inventory pushes higher prices. 

My new listing at Fox Willow available as of 4-19-19 is worth a look as the inventory under $725,000 for a 3 bedroom home with a 2 car garage is limited.  

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Wildhorse Meadows Homestead - newly constructed condos are under contract or sold by Dec 2016

Friday, December 2, 2016

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Wildhorse Meadows Homestead condosAll 5 condos at Homestead at Wildhorse are either sold or pending contracts before December 1st. Homestead at Wildhorse Meadows are mountain contemporary designed condos that live more like a townhome or single family home. Contemporary finishes, oversized windows highlighting views of the Yampa valley and use of amenities at Trailhead Lodge was just a few of the features that were unique to the Wildhorse Meadows development. Townhomes are 3 & 4 bedrooms w/ 3+ baths from 1751 SF to 3130 SF and 1 or 2 car garages depending on unit. HOA dues in 2016 run from $7500 to $12,000 per year. More photos and current updates can be found at SkiCondos4Sale.com

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Downtown Steamboat Springs Olympian condo sales up 26% over 2013

Wednesday, May 4, 2016

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Olympian downtown Steamboat Springs Colorado

Steamboat ski area views, unit size, and location in the Olympian building are some factors that effect pricing. A 3rd Floor 3 bed, 2 bath Olympian condo with private patio space and great light recently closed 4/29/2016 for $836,000 or $545/SF. Prices are up 26% over sales in 2013. The Olympian is located downtown on 5th st. across from the Yampa River bike/pedestrian (Core Trail). Walk to dinner and nightlife, Howelson Hill skiing and Emerald trails and all that historic downtown Steamboat have to offer. Olympian condos include parking space in the lower level garage plus storage space. All buyers are subject to a 0.5% transfer fee to the SSWSC upon transfer of title.

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Enjoy Christmas at the Porches in Steamboat Springs

Sunday, November 15, 2015

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The Porches Steamboat SpringsKeep life simple and let someone else care for your luxury home in Steamboat Springs. Just show up and ski, the conceirge staff helps take care of the rest. 

If your vacation times are a bit flexible, a fractional ownership just may be your ticket to fun in owning a ski home in Steamboat Springs, Colorado.

The Porches in Steamboat is a private home ownership club for 6 weeks of vacation use every year.  This year (2015-2016 ski season), the featured listing for $249,000 includes Christmas and you can reserve additional weeks when space is available. If you can’t make it out one year, then rent out for a maximum of 4 weeks out of the year which helps pay the HOA fees! Families love this concept for the convenience, great floor plan and ease of getting to the slopes and other activites in Steamboat. 

Steamboat skiing

Skiers with a flexible shedule to chase the powder can’t find a better deal for the use of a luxury home in Steamboat. Trading weeks to fit your schedule is commonplace and easy bookings of the shuttle service or dinner reservations makes it easy to get on with what you’re after - great skiing!

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Townhomes and Condos on the golf course still a bargain compared to ski in real estate in Steamboat Springs

Monday, August 31, 2015

Golf course 4th teeGolf season rounds the corner to Ski Season and temps are dropping to the low 40s in the morning. We may be feeling a cool off with the weather, but the market is hot as ever.

This is especially true for homes and townhomes priced under $700,000.  Since June 1, 2015, 147 Condos or Townhomes in the mountain area have either sold and closed or are pending sales.  Same search for active listings yields only 83 properties as of today’s date.  

When you narrow your search to 3+ bedrooms for under $700,000, there are only 25 Steamboat condos or townhomes listed for sale in the mountain area. Factor in HOA fees and try and find dues less than $3000/year and now you have 5 choices. 

Location, location, you won’t find anything close to the ski slopes for under $700,000 with 3 or more bedrooms and low HOA dues, but you can live on the 4th tee of Rolling Stone Ranch and Golf course. 

Currently, the following listing is the lowest priced townhome or condo on the golf course. This property is next to homes from the low millions to  homes from $2 million and up.  The complex has only 5 units and its the lowest priced on the golf course.

Redwoods golf course property Steamboat Springs CO

The Redwoods, MLS 141376 pictured left is priced at $550,000. There are no other choices in that price range on the course. 

Contact Dean Laird, Colorado Group Realty for more information on the Redwoods in Steamboat Springs Colorado. 

970-846-8284

DeanLaird@gmail.com

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