Condos priced under $230,000 with lower HOA fees is limited inventory in Steamboat Springs

Monday, August 10, 2015

Whistler Village Townhouse for saleA search for 2 bedroom condos in the mountain area of Steamboat Springs with HOA dues under $5000 per year and priced less than $230,000 yields less than 5 results as of today’s date.  

Whistler Village Townhomes has 2 active listings fitting this search - prices from $218,000.

It was an active market this year for Whistler Village with 13 sales ranging from $169,900 to $264,000 for a 968 Sq. Ft. 2 bedroom condo. 

Finishes have varied greatly as did the prices and as the inventory shrank to 1 this summer, list prices were driven up a whopping 65%.  A sudden burst of inventory drove prices back down to the low $200s mid summer and now in August 2015, the inventory is once again limited under $230,000.  A recent new listing at Whistler Village townhomes for $219,000 has gone under contract in under 2 weeks. 

Nicer finishes typically reflect a higher price, Cedar Ct. #9 (pictured) is one of the best deals now on the market fitting the search desribed above, priced at $229,000. 

 

Edgemont resale prices on the rise but still a bargain in comparison to the height of Steamboat’s real estate market

Monday, January 26, 2015

Edgemont ski in condominiumsEdgemont developers Bear Paw LLC had 3 residences for sale early in 2014 and all closed as of May 2014. January of 2015, there are 3 active resales with prices from $699,000 for a 1 bedroom to $3,600,000 for one of the best ski in / out condos Edgmont has to offer - a 5 bed, 4.5 bath with decks on three sides. The condo residence #2201 was purchased from the original developers in December of 2010 for $3,224,000. The views overlooking the ski area combined with south valley views over the swimming pool and private slopeside access is why this condo was priced at a premium in 2008 for $4,956,000.  

If you are doing the math, the price for a 5 bedroom Edgemont condo with ski in access is up by 10% from late 2010, but the current list price is still down 27% from their pricing at the height of our market in late 2007 - early 2008.

Edgemont pool in Steamboat Springs COSki in isn’t the only selling point at Edgemont, summers in Steamboat are even better when hanging out in their pool. My wife shot the photo to the left during our visit in summer 2013 with family.  I think there was one other person in the pool our entire 2 day stay.

Low HOAs, quality finishes, fabulous views and close to skiing, Sunray Meadows 709 is a great value

Tuesday, January 20, 2015

Sunray Meadows condoWhen you shop for a condo near the ski slopes in Steamboat Springs with 2 or more bedrooms that has a garage and lower HOA dues (under $4300 per year), your choices are slim - especially priced under $340,000. Sunray Meadows #709 just 2 blocks to the east of Steamboat Ski Resort, may just be your only choice right now in that price point.

The last sale was at $300,000 for a much lower quality finished condo lacking views. Meanwhile, the owners of #709 recently invested over $40,000 in quality upgrades and are asking $339,000.

In 2014 there were 12 sales at Sunray Meadows with high sale of $315,000.  Here is a list of the active listings at Sunray Meadows condominiums. 

 

 

 

Buy real estate at One Steamboat Place and visit 12 other resorts by trading your weeks.

Friday, May 30, 2014

One Steamboat Place fractional ownershipThe luxurious, ski-in / ski-out One Steamboat Place is located at the base of the ski slopes and has become the premier property in a newly revitalized Mountain Village. You can buy a 1/8th share fractional ownership that includes the Catamount Ranch and Golf Club membership for $345,000. This guarantees 2 weeks in the winter and 2 weeks in the summer with plenty of opportunities to book anytime when space is available.  Ownership includes the opportunity to exchange your weeks for a vacation in one of Timber Resorts other properties.

  • Dancing Bear Aspen
Equal parts high-country getaway, private retreat and live-in art gallery - a singular blend of rugged alpine charm and sleek sophistication.
  • Timbers Bachelor Gulch 
A majestic mountain lodge both grand and intimate located on the slopes of Beaver Creek Mountain in the heart of the exclusive Bachelor Gulch community.
  • The Residences at Esperanza
Residences, hotel, and spa from Auberge Resorts where the California Baja kisses the Sea of Cortez in Cabo San Lucas, Mexico.
  • The Residences at Kapalua Bay 
Above the water’s edge on the northwest shore of Maui, a collection of residences are paired with incomparable amenities and personal services.
  • The Orchard at The Carneros Inn 
A vineyard oasis in the heart of California Wine Country, impeccably operated by the PlumpJack Group.
  • The Rocks Club
Located in the heart of the desert golfing Mecca, Scottsdale, Arizona.
  • The Timbers Club at Snowmass
Ski-in, ski-out residences on the slopes of Snowmass, Colorado.
  • Mayacama Residences
A private golf and residential community where a vibrant club life is joined by an active sporting life in the indescribably beautiful Sonoma wine country.
  • The Villas at Rancho Valencia
An escape into elegance among Southern California’s most beautiful beaches, perfect climate, and world-class services and amenities.
  • One Steamboat Place
Luxurious residences replete with restaurant, boutique and a state-of-the-art spa at the base of the slopes in Steamboat Springs, Colorado.
  • Castello di Casole
Sun-drenched country estates fit for a Medici in the heart of Tuscany, Italy.
  • The Sebastian - Vail
Set in the heart of Vail Village’s pedestrian district, charming residences and hotel suites are complemented by a spa, restaurants and bar.

One Steamboat Place amenities include a members only hearth room and lounge; restaurant, bar and private dining area; full-time slopeside ski concierge and ski facilities; state-of-the-art fitness center with private yoga and Pilates studio, year-round swim and hydro pools; and a soothing Zen-inspired wellness spa with personal treatment rooms and pampering services. 

Lower inventory for newer condos with 3 or more bedrooms near skiing

Saturday, May 10, 2014

Emerald Lodge TrappeursLooking for value and newer construction? There are only five condos with-in two blocks of the ski slope with three or bedrooms priced for under $730,000.  All are located at Trappeurs Resorts in the Emerald and Aspen Lodge buildings.  Trip Advisor sums up why Trappeurs condos are such a great value. 

  “My husband and I stayed at Trappeur’s for our wedding along with several out-of-town guests. The staff was very accommodating, and the location was PERFECT - close to shops and restaurants, easy to find, great outdoor areas for our families to gather and socialize. We even hosted a private happy hour for our guests in the common area which had plenty of indoor > outdoor space, comfortable furniture, fireplace, and a little kitchen area for serving food and drinks. Would recommend this resort.”  

Best Steamboat Condo Views

“have stayed at Trappeur’s Crossing every year since 2004, and every year I am sorry to leave and return home”.  

The best deal for a newer condo in Trappeurs is under $700,000 at Emerald Lodge. Find the best views and quality finishes in #5201, Emerald Lodge.  

Real Estate in Steamboat walking distance to the ski slopes still a bargain at The Lodge condominiums

Wednesday, March 12, 2014

There are some soft spots in the real estate market for two and 3 bedroom condos walking distance to the Steamboat Ski Area.

The Lodge living room condo 

The Lodge, located a close 5 minute walk (in ski boots) to the gondola lists four, 3 bedroom condos with prices from $375,000 to $399,000. The Lodge condo showing the highest rental income is under contract.  The high sale closed in 2008 for $575,000.  

If you are in the market for a 2 bedroom walk to ski condo, there are currently 8 listings at The Lodge priced from  $255,000 to $349,000.  The broad range is somewhat affected by quality of the condo furnishings,  finishes, views and floor level location.  In the past year from the date of this Steamboat Springs real estate blog, twelve two bedroom condos have sold at the Lodge at sale prices from $219,000 to $322,000.  One condo was a short sale, and no bank owned sales. A high sale at $507,900 was posted in 2007.  

Steamboat Springs Real Estate the Lodge

Colorado Group Realty mountain office is located walking distance to the Lodge condos. Contact Dean Laird for a tour 970-846-8284.

 

Steamboat ski area homes under $800,000 with plenty of room for a large family

Monday, December 30, 2013

Finding great views and plenty of space for a larger family near the ski slopes can be a challenge in Steamboat Springs if you are looking to spend less than $800,000.

Currently there are only 3 townhomes listed for sale with over 3000 Sq.Ft in the mountain area, and if we add private homes to the search, there are 2 as of the date of this Steamboat real estate blog.

Families are drawn to Steamboat Springs and here are just a few reason why as mentioned in Ski Magazine.

Market Guide 2014: Top Family Resorts
West || No. 4: Steamboat, Colo.
“By far my favorite ski resort. Great value. Great snow. Great terrain. Plenty of character in the town and fun things for the family to do. We often went to ‘family jump night’; not to jump, but to watch. Great place to go with a family.”
“Excellent children’s program. Champagne powder. Genuine western hospitality.”
“Fantastic ski school and family ski programs. Amazing powder snow, with almost no lift lines. Friendly atmosphere and helpful people.”

Steamboat real estateOne of the best deals out there for quality construction and nicely appointed features is Eagles Overlook # 104.  Eagles Overlook #102 recently sold - a distress sale.  In April of 2008 #105 sold for $985,000.  #104 listed at $795,000 is one of the lowest prices per Sq.Ft. for a luxury townhouse in Steamboat Springs and HOA dues lower than the competition.

Over 12 Ft. of Snow in Steamboat and its December 28th

Saturday, December 28, 2013

Photo courtesy of Steamboat Ski Resort - I’d post my own photo but the camera lens was plastered with Pow. Come visit and look me up at the base of mountain next to the Sheraton Hotel entrance. Specializing in Ski-in Condos!

Go Billy.

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