16 Whole-ownership sales thus far for 2011!! In an otherwise slower moving market, The Ritz Carlton Residences, Vail is hopping and one of the best high end values currently available in Vail and Lionshead. The activity year to date is equal to almost $53 million in sales!
When compared to other brand new luxury properties, these represent a great deal, averaging about $1400/square foot. ( compare that to Solaris or The Four Seasons, both excellent products, but nowhere near this value)
There are currently about 39 luxury units available for purchase, ranging in price from $2,195,000 to $8,980,000. Located on the western edge of Lionshead, poised next to where the proposed EverVail project would be, The Ritz-Carlton Residences, Vail are close to world class skiing and to Lionshead's amenities.
Sales at The Ritz Carlton Residences of Vail have pushed Lionshead's real estate sales for January up to 20% of Eagle County's total sales volume.
Eagle County's sales totaled $86,162,658 with Lionshead accounting for $16,770,000. 3 of the 4 sales in Lionshead in January 2011 were at the Ritz Carlton Residences. The other one sale was a 1080 sq ft condo at Montaneros with 2 bedroom and 2 baths.
Here are the details on the 3 Ritz Carlton Residences sold in Lionshead in January 2011:
$2,025,000 for a 1,534 sq ft 2 bedroom, 3 bath residence
$4,400,000 for a 2,786 sq ft 4 bedroom 5 bath residence
$9,195,000 for a 4,249 sq ft 6 bedroom, 6 bath residence
Bachelor Gulch continues to be one of the best on-mountain ski communities anywhere in the country! Fortunatley for us, Bachelor Gulch is right here in the Vail Valley, connected via the ski slopes to Beaver Creek Resort and Arrowhead Mountain, just south of Avon, CO.
Views of and from Bachelor Gulch
Bachelor Gulch is considered by many the epitome of planned ski communties; a ski-in/ski-out gated community, anchored by the Ritz-Carlton, Bachelor Gulch, comprised of many excellent housing options from custom single family estates to cozy condominiums.
There are currently 46 condominiums in Bachelor Gulch for sale; ranging in price from $1,195,000 for a large 1 bedroom Ritz Residential Suite to $5,180,000 for a huge 5 bedroom condo in the Hummingbird Lodge. The majority of the active listings hover around a list price of $1000/SF. In 2009, which was quite the slow year real estate-wise, only 9 condos sold in Bachelor Gulch. The average sales price was about $2,320,000; or $832/sf on a relative basis.
Call me today so I can help you find potentially great deals on Bachelor Gulch condos here in the Vail Valley!
This exquisite 2 bedroom, 1,356 square foot condominium features a priceless location as it overlooks the base of the celebrated Bachelor Gulch ski mountain slopes and boasts access to all?Ritz amenities, including Red Sky golf. Offered for $2,185,000
For more information on Vail, Beaver Creek, and Bachelor Gulch Real Estate and to search these properties please visit