Large recreational acreage and horse property in Steamboat Springs Colorado scarce

Sunday, May 16, 2021

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It wasn’t so long ago when there were many properties available to buy with over 100 acres near Steamboat Springs, Colorado. Today there are 6 ranch listings, and 5 out of 6 are priced over $10M. 

Steamboat Springs Colorado horse and ranch real estate

Real estate ready for horses is even slimmer pickings, no matter the acreage. A stunning property located 13 miles north of Steamboat on the way to Steamboat Lake and other awesome recreational paradises in northwestern Colorado, features brand new horse facilities. This beautiful 5 bedroom, 5-1/2 bath home has an attached single car and detached 3 car garage plus 1 bedroom caretaker home.

North Routt county is popular for all types of recreation including hunting, fishing, back country skiing, snowmobiling, and many spectacular hikes and secret waterfalls that locals prefer to keep secret. 

Steamboat Springs Waterfalls

If a multiple million dollar ranch isn’t in your budget, there are many opportunities for affordable land and homes. Some land prices are well below prices paid over 13 years ago and home prices well below today’s building costs. Contact me for more details.

Dean Laird | Broker/Owner | Colorado Group Realty | 970-846-8284;

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Steamboat Springs Sees Another Record Month in Real Estate Activity in part due to COVID-19

Tuesday, November 24, 2020

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Where are all these Steamboat home buyers coming from?

Recent showings of my equestrian - recreational property on the road to Steamboat Lake were younger families from southern states. They tend to have middle school - high school aged kids and are looking for a place to play outdoors with access to public lands, privacy from neighbors, and the possibility of moving here permanently. You can take a virtual tour of Phantom Springs Ranch here.

With Increased Demand Comes Increased Home Values

In 26 years of real estate I didn’t do many sales in excess of $1M. In the past 60 days from this post date, there have been a total of 32 pending and closed sales for single homes over $2M. The average price of a home in Steamboat Springs is now $1.4M up 18% since this time last year, here are the home sales in the past 30 days. Low inventory, cost of land, high construction cost and high demand since COVID-19 continues to drive up prices.

During October, residential properties in Steamboat Springs went under contract in 15 days on average.

Lets Break another Record

My actual wish is to see a record year of snow, this last couple months of home sales is concerning because its not always a good thing to grow too fast, but always a good thing to see abundant powder. See Steamboat’s snow alarm.

Dean Laird, Broker/Owner, Colorado Group Realty, LLC, Steamboat Springs Colorado

 

 

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Its all about timing, time to watch the 3 & 4 bedroom ski-in condo market in Steamboat

Sunday, March 6, 2011

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If I were a betting man and willing to pick a niche market where Steamboat has rounded the corner and say with some confidence that we have hit bottom: ski-in, 3-bedroom condos with newer finishes for under $1 million would be my 1st pick. Torian Creekside is one property in this category. The best deals remaining there have a northeast view of the Steamboat Ski area. Absolutely fabulous views for now, but keep in mind a future development may get in the way of the view. Also, most of Torian Creekside residences built in 1999 could use some upgrading. Units 212, 312 and 418 have tile counters and cooks don’t like grout lines and ceramic tile counters. Replacing with granite or other solid surface such as quartz is a must. When the market rebounds in combination with a revitalized Ski Time Square, these are deals to watch from $650,000 to $1 million range. Look past the Chateaux Chamonix check-in area which needs a bit of freshness and this property offers some options at or just slightly above the $1 million mark. 3 bedroom luxury condos in the C building range from just under $1m to $1.2m. If you can afford more, now is the time to consider new construction while the deal is still on the table. Edgemont recently advertised 30% off the first 3 deals and they all sold. Then they offered 25% off the next 3 deals and those all sold. Now Edgemont is offering 20% off next 3. According to their sales staff one 3-bedroom is going under contract today. Prices reflect a discount off their pre-construction prices from 2007-08. Views, ski to the door, soak in the pool with one of the best views in the world, convenient, true ski-in/ski-out access to make shuffling the kids easier, this project lives up to its price with quality at around the $1.5 million mark. If you don’t mind crossing one road to the slopes and looking for a bank owned real estate deal tax assessment value at around $2 million and newly listed at $794,000 you better hurry. Highmark at Steamboat is selling fast. I called today for an update to find out that 3 of the residences listed at bargain prices had offers submitted. For more information on ski-in/ski-out condos, rental incomes and better values, Contact: Dean Laird Broker/Owner Colorado Group Realty 970-846-8284 Dean@mybrokers.com

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30% discount on a luxury condominium at Steamboat’s Bear Lodge

Monday, September 6, 2010

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The developers of Trappeur’s Crossing Resort’s Bear Lodge are wrapping up the summer selling season with a final push to sell 3 more condominiums at drastically lowered prices. steamboat-bear-lodge-pool.jpeg The deal: 30% off the next 3 sales of any of our unsold 3, 3 + den, 4, or 5 bedroom condos. Prices include a full turn-key developer furniture package. The Trappeur’s community center has seen close to a million dollars in upgrades over the past two years, making it one of the premiere Steamboat resorts for convenience and comfort. The Steamboat Ski Resort base area is within walking distance or a shuttle is available for quick access to the slopes or downtown. One of the popular choices for vacationers is the garden level courtyard condos such as unit 6111 with 3 bedrooms and 3 full baths. This luxury condo offers a private 500 sq. ft. patio complete with a hot tub, outdoor gas fireplace and BBQ grill. The popularity results in the best rental revenue numbers in the entire resort. 1727 sq.ft floor plan is ample room for family entertaining. The amenities include an expansive gym with a mixture of free weights, stationary bikes, Stairmasters®, treadmills and Nautilus ® equipment. Pool, hot tubs, tennis courts and a putting green are in your own backyard. And when your are completely exhausted following a day of play, pampering service is waiting for you at the full service day spa. Contact Dean Laird - Broker/Owner at Colorado Group Realty to take advantage of this limited opportunity. 877-678-0884. Or see my website - SteamboatCondos4Sale.com for more info on Steamboat Springs condominiums.

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Steamboat’s Alpine Mountain Ranch shows progress

Saturday, September 4, 2010

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alpine-mountain-ranch.jpg New luxury homes offering the absolute best views Steamboat Springs, Colorado has to offer, are showing up on the southern slopes of Alpine Mountain Ranch. The ranch is a 1,216-acre land preservation development with 63 five-acre homesites down the hill from the slopes of the Steamboat Ski Resort. The southwestern exposure offers excellent views of the Yampa River valley to the Flat Tops, Priest Creek, Walton Creek riparian corridors, downtown and Steamboat ski area. The first home to be constructed is around 10,000 sqft, custom built for the home owner who has moved here with his family for full time residency. Seeing an increasing demand for newer construction, 4 or more bedrooms and a bit of land to breath, the owners of Alpine Mountain Ranch felt the time is now to begin a beautiful custom home to be ready for the real estate market by the 1st of the year. They are asking $4,600,000. To request a brochure for this luxury home or more information on this newer ranch land community just 5 minutes from downtown Steamboat Springs, call Dean Laird - Broker/Owner Colorado Group Realty. 877-678-0884. Or visit my website for more photos and information on Alpine Mountain Ranch.

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Lending available for Steamboat condos but you have to play by the rules.

Saturday, August 7, 2010

A mortgage company that is in the process of bankruptcy can’t find a buyer for the condo they foreclosed on, because lenders don’t want to give Mr. buyer a loani! True story! Buyer has excellent credit, 20% down and looking to purchase real estate at 50% discount off of previous sales (should be low risk) The reason Mr. Lender can’t finance the property is because while searching for vacation property on the web, the property in question shows up from the search. Vacation property = investment property in their eyes most of the time. You may be legitimately purchasing the property for a 2nd home in Steamboat, with no intentions of renting; however, the banks are calling it an investment condo and its tough to get financed. TARP to the rescue does not apply here; but…wait! “Another important goal of TARP is to encourage banks to resume lending again at levels seen before the crisis.” http://en.wikipedia. … lief_Program#Purpose Don’t get discouraged; there maybe a solution as long as you have 25% down, investor concentration ideally isn’t over 30% or was that 10% (this changes depending on who you talk to), and you don’t have more than 4 mortgages already. Its not so easy though. The HOA (Home Owner Association) can’t be in the red, one owner can’t own more than 10% of the inventory and so on… Financing condos in Steamboat is common, but it’s best if n we do some homework before venturing out to look for deals. There are several condo complexes that should finance conventionally, because they fit the lender rules. 3 examples are Walton Creek Condos (2 bedroom plus huge loft for 3rd bedroom, views of the ski resort http://www.steamboat … on_Creek_2_bed-loft/), The Timbers (Colorado lodge with views of Catamounthttp://www.steamboat … _Timbers_2_bed-loft/) or most townhomes such as Columbine - (3 bed, 3 full baths, 2 lofts, views of the valley and Rolling Stone Golf Course, 2043 sqft now just $399,000http://www.steamboat … _3_bed_plus_2_lofts/). Call Dean Laird 877-678-0884 direct or 970-846-8284 for more ideas for financing or any additional information on condos and homes in Steamboat Springs.

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