New Edgemont Price List

Thursday, June 9, 2011

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Pricing for the remaining fifteen residences at Edgemont as of April 22, 2011 are here. Some things to note:

  • 2 Bedroom Units: The remainder of our two bedroom units have been reduced up to $275,000 from winter pricing and residences (#2306 & #2403) are now priced just under $1 million at $995,000.
  • 3 Bedroom Units: #2402, #2408, #2502 and #2608 have each been reduced between $50,000 and $90,000.

In addition to the release of this new pricing, Edgemont is excited to announce the Spring/Summer 2011 Sales Program – NO OWNERSHIP COSTS UNTIL SKI SEASON 2011/2012 BEGINS! This means HOA Dues, Property Taxes & Electricity will be paid by the developers while you are sunbathing at the Edgemont pool this summer! On another note, Edgemont has had a few interested buyers inquire about partnership opportunities for both usage and financial reasons. If you are interested in joining another family in ownership at Edgemont, please contact me, and I will be happy to help facilitate the discussion.

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One Steamboat Place Guest Visit Program

Saturday, June 4, 2011

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Summertime in Steamboat Springs After a tremendous winter ski season and extended thaw, summer is finally right around the corner. As the snow melts, the trees are budding, flowers are blooming and a gorgeous carpet of lush emerald green is beginning to cover the surrounding valley. There’s really nothing like summers in Steamboat Springs. The options of things to do are endless! Whether you prefer scenic hikes, tubing down the Yampa, mountain biking, golf, fishing or great music and arts……Steamboat has something for everyone. steamboat_barn_summer.jpg Some great summer events to look forward to: · Steamboat Springs Pro Rodeo Series · Steamboat Marathon, Half Marathon and 10K · Steamboat Cowboy’s Roundup Days and 4th of July Celebration · Hot Air Balloon Rodeo and Art in the Park · Steamboat Wine Festival · Wild West Air Fest · Strings Music Festival · Rocky Mountain Mustang Roundup One Steamboat Place is not only the most convenient and ideal location for accessing the ski slopes, but also the perfect summer setting as well. Nestled in the mountain village where Mt. Werner is our Owner’s backyard playground, One Steamboat Place is steps from shopping, dining options and endless recreational opportunities. If you are considering spending some time this summer in Steamboat Springs to continue exploring the possibilities of a Steamboat home away from home, come and enjoy the most luxurious residences in Steamboat Springs…. one_steamboat_pace_interior.png Our Guest Visit Program is an amazing opportunity for you to experience One Steamboat Place first hand. Details of the summer program have been released. Contact me today for information and availability.

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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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One Steamboat Place and bank owned, ski in real estate

Thursday, March 3, 2011

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Looking for a deal on the highest quality luxury ski-in condo Steamboat has to offer? You’ll want to watch the progress on One Steamboat Place which is currently making news. Steamboat Today reports:

$100 million in unpaid construction debt at One Steamboat Place is two weeks away, and the deadline has passed for the original investors to cure or redeem the matter.

The article further states that

One Steamboat Place has been vibrant this winter even with the overlying challenge we’ve been dealing with.

I can echo that comment as I have several clients with interest in fractional and full ownership at One Steamboat Place. Currently there are no active listings on the Steamboat Springs MLS. I believe the developers of One Steamboat Place is having trouble negotiating their debt because there are 7 construction lenders, some who jumped into the hype of our bustling market in 2006-07 without any experience in resort properties, and are now wondering what they should do. If the 2 equity investors and 7 construction lenders could all see eye-to-eye and had allowed the sales team to make some deals as the market soured, they wouldn’t be in this position. More than a year ago I presented an offer to them for a 3-bedroom whole ownership. The developer would have liked to make the deal, but per the sales representative for Timber Resorts, the banks were not allowing the discount. This has been a typical process since the start of the national real estate decline several year ago; why can’t they learn from others’ past experience? Wildhorse lenders should take note! Buyers out there are looking for deals - take a cut out of the boat’s bottom without puncturing the hull and the boat still floats! Steamboat’s luxury development Highmark had several distressed or bank-owned listings all of which have sold. Buyers with cash who have been watching our market for the past 2 years are jumping at the opportunity to scoop up the deals as soon as they hit the market. I’m currently in negotiations on 2 bank-owned properties and both are in multiple offer situations. Since January I’ve presented over 10 offers for buyers on various bank owned properties and all have either sold or are under contract. I’ll continue to keep an eye on One Steamboat Place. Feel free to give me call to talk more about our ski in ski out real estate offerings. Or check out my Ski condo website. Dean Laird Broker/Owner Colorado Group Realty 870-846-8284 Office at the base of the mountain, specializing in mountain area real estate

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Steamboat’s biggest news! Powder and One Steamboat Place Foreclosure

Friday, November 19, 2010

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Ok… the good news first - Champagne Powder® snow is on order along with the usual turkey and trimmings! Steamboat will be serving up a full plate of fun with 5 lifts, approximately 926 acres and 66 trails, including much of its legendary tree-skiing terrain in Shadows and Closet. For just $30, Steamboat will dish out a lift ticket on opening day, Wednesday November 24th, and donate all proceeds to benefit the local youths in the Steamboat Springs Winter Sports Club. We haven’t seen early season conditions like these since 1996/97 winter. A series of storms have dumped nearly 4-1/2 feet of snow this month and 6 feet of snow since October 23rd at Thunderhead, the resort’s mid-mountain location at 9,080 feet. Steamboat is currently reporting a remarkable 52-inch base at the summit, the largest ever seen for an opening day. And snow will continue to accumulate starting Sunday and lasting till the opening on Wednesday. steamboat-skiing.jpg Meteorologists are calling for a La Niña weather cycle this winter and Steamboat often does very well during the stronger events. So far so good! Mike at SnowAlarm and I decided to hike to Hurricane this past week to send you a taste of what’s on tap for this winter - powder skiing! Oh - did I mention that One Steamboat Place is in foreclosure? Lets keep with the good buzz and I’ll write about this debacle later. Or you can check out the news. https://www.steamboatpilot.com/news/2010/nov/17/one-steamboat-place-foreclosure/ Steamboat Condos is your reliable source for a chance at our lifestyle. Stop by my ski in office and I’ll show you around the mountain. And talk about the great deals on real estate in Steamboat Springs, Colorado. Dean Laird Broker/Owner Colorado Group Realty Direct 877-678-0884

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In search of the hog, huge rainbow trout lurk at Storm Mountain Ranch

Monday, October 18, 2010

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3 hours of fishing and you’ll be ready to retire, until you land rainbow trout after trout on an old school fly rod and reel from the shores of a restored fish habitat at Storm Mountain Ranch, you haven’t lived the fisherman’s dream. Tommy Herzog shows us how its done. This isn’t a hobby you can easily add to your bucket list however, only 14 privileged owners are lucky enough to enjoy the amenities commonly shared at this working ranch and intimate luxury home development at the base or Rabbit Ears Pass south of Steamboat Springs, Colorado. Colorado offers some of the best fresh water trout fishing in the world, check out our local fly fishing shops for more information. Bucking Rainbow Outfitters Steamboat Flyfisher Steamboat Lake Outfitters, Inc. Call Dean Laird 877-678-0884 Colorado Group Realty for real estate near a good fishing hole.

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Summer of sales for Steamboat Springs luxury real estate

Saturday, October 2, 2010

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Exclusive neighborhoods such as Storm Mountain Ranch, Stonebridge Park, The Sanctuary and Catamount Ranch had a summer of sales resulting from foreclosures, short sales and attractive pricing from motivated sellers. Lower prices may be the draw, but elegance, sophistication, and luxury intermixed with downhome western influences add to the value of these exclusive Steamboat neighborhoods. steamboat-stonebride-park-luxury-home.jpg Stonebridge Park is a private gated community only steps from the Rolling Stone Ranch and Golf Club. Original list price $6.34 million - foreclosed and REO (bank owned) closed for $3.2 million. storm-mountain-ranch-home.jpg Granite canyons, towering water falls and world class flyfishing in a national park-like setting describes Storm Mountain Ranch. List price $9.9 million, short sale opportunity is now under contract awaiting bank approval for the sale. steamboat-sanctuary-home.jpg With Fish Creekp trail frontage or homes bordering a fairway on the Rollingstone Ranch Golf Club with cross country ski in/ski out, The Sanctuary had 2 luxury home sales this summer. This home original list price at $1,350,000 closed for $1,200,000. steamboat-catamount-ranch-log-home.jpg Catamount Ranch and Club just 5 minutes south of Steamboat ski resort foreclosed log home listed $3,199,000 closed for $2,999,000. For more information on homes that define fine living for you, please visit my luxury real estate website at http://SteamboatFineHomes.com or call Dean Laird Broker/Owner Colorado Group Realty direct toll free: 877-678-0884 cell: 970-846-8284.

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Skiing Steamboat Springs to 10 million socks. How living in Steamboat Springs can lead to success.

Saturday, September 11, 2010

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If your family or friends are giving you grief for considering the idea of becoming a ski bum, you may want to point them to this story - who says being a Steamboat ski bum can’t pay off? In 1994, two ski instructors opened the Smart Wool Company.

Smart Wool had another record-breaking year with revenues nearing the $100 million mark and sold more than 10 million pairs of socks in addition to its growing apparel line.

Steamboat Today The original owners, Patty and Peter Duke no longer own Smart Wool, but they are positioning themselves to continue the success story with their newest Steamboat Springs-based sock company - Point 6 If that is not enough convincing that doing what you want to do in life can lead to success, see these other successful companies that have spun out of this small Colorado town while Biking, Hiking, and Kayaking. kayaking-steamboat-springs.jpg Erikson Cycles Boa lacing system for shoes and more Kayaking and Paddling Magazine/ or if you play really hard, you may just end up like this guy. Johnny Spillane - 2010 Olympic Silver Medalist. For information on more about the lifestyle in Steamboat Springs, contact a Realtor that has spent his life living in resort towns. Dean Laird, Broker/Owner Colorado Group Realty 877-678-0884

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