Gateway Land & Development

Category Archives: Vail Condominium

Four Seasons Vail

The Four Seasons Resort and Residences sold for a record $121 million.  The sales price of $902,985 per room for the 134-room luxury hotel sets a new price standard, according to CBRE Hotels, the company that put the deal together. The average price in the luxury hotel market was $851,000 per room in 2015.  The record price reflects both the market’s stature and the product’s premium.  New York-based Extell Development Company and Chinese firm Parkland Holdings partnered to buy the Four Seasons.  Barclays had owned the resort since 2009, when it took control of the project when it was still under construction.

The Four Seasons is known for their world-class service, luxury finishes and robust amenity package.  The AAA Four Diamond hotel features 121 hotel guestrooms and 13 two-to-four bedroom condominiums that are currently operating as hotel inventory.  Amenities include a 14,935 square foot space, 7,000 square feet of meeting and event space, Flame restaurant and The Remedy Bar.  The resort also has ski valet facilities near the base of Vail’s Gondola One.

For Vail, the Four Seasons deal marks the second major resort transaction in the past 12 months.  Last December, Los Angeles-based Laurus Corporation purchased the 292-room Vail Cascade Resort and Spa for approximately $90 million and almost immediately announced plans for a $35 million renovation during the off-season. Holiday Inn Vail also traded hands in January for $22.4 million.  A private East Coast group purchased the hotel is renovating and re-positioning the hotel as a Double Tree, according to CBRE.

For more information on real estate in the Vail Valley, please feel free to contact:  Betsy Randall at (970) 401-3011 or email:  betsy@gatewayland.com.  Please visit our website:  www.gatewaytovail.com

Good morning and welcome to the last weekend in October!

Following are the stats provided on the Vail Valley MLS this morning…

NEW LISTING – Six new, 3 residential, 2 land, & 1 rental, pricing range from $2900-/mo to $999K.  Listings are in several areas, call for details.

PRICE REDUCTIONS – There are only two decreases from list price, one of $24,100- on a residential, & a price drop on a commercial building lease, call for details.

UNDER CONTRACT – Five properties have come UNDER CONTRACT with pricing ranging from $233,100 to $829K with one of those a partial ownership for $169K.

Finally, the SOLDS, Eleven new owners in the Valley. These SOLDS were purchased for $280K – $1.565M.  They are located in Avon, Edwards, Eagle, & Gypsum.

If you may be interested in any additional info, call me, 313 600 8330.

Thx  dean

Good morning…

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Trick or Treat day @ Riverwalk in Edwards for 10a-1p come on by for your TREAT!

Here are the stats as of this morning…

NEW LISTINGS – One new, a time share @ Four Seasons in Vail, about 3 weeks/yr…list price $280K

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PRICE REDUCTIONS – Four price reductions, 2 residential & 2 time share…2 residential are $20K & $54K…the 2 time shares $20K & $6500-

UNDER CONTRACT – Seven properties are now under contract, list prices range from $250K-$499K for improved properties and $65K-$269K for vacant land

FINALLY, SOLDS…Eleven are now sold…residential improved sold prices are from $367,500- thru $9.5M…land which has sold ranges from $180K to $360,500-

If you have any questions or would like more info…

CALL ME @ 313 600 8330

Enjoy your day!

dean quint

Gateway Land and Development Real Estate

Good morning, here is what is showing up in the Vail MLS STATS this morning…

SOLDS – 13 properties have closed and now have new owners, 12 residential ranging in price from $177K in Leadville to $9.375M in Vail.  One vacant parcel in Red Cliff has sold for $220K.

As for UNDER CONTRACT, there are 10 Listings which offers presented have been accepted and now will continue through the process and likely become solds.  All are residential and they range in Listed Price from $315K to $3.795M.

PRICE REDUCTIONS number only 3, two have decreased the asking/Listing price by $20K and another by $8K.

Finally, NEW LISTINGS on the market are a huge, 1.  It’s one you may want to see, a $2.265M in Vail!

Whether your looking for a better deal with taking advantage of a PRICE REDUCTION, ready to LIST your property, or just looking and want to see a Newly Listed home or some other Listing still on the market, CALL ME TODAY.  I’ll help you through the process and get you into your next property in the Vail Valley.

DEAN QUINT  313 600 8330

GOOD MORNING on this 1st Day of October!

Here is an update on some of the current stats:

SOLDS – there are 8 newly sold properties in the VAIL VALLEY prices range from $254K – $4.295M.

UNDER CONTRACT – Properties now under contract number 7, ranging in cost from $82.5K up to $890K.  Also there is one partial ownership now UNDER CONTRACT which was Listed @ $60K.

PRICE REDUCTIONS – Several properties, 6, have reduced the Listing Price one by $5k another by $100K for an average of $37.3K.

NEW LISTINGS – There are 6 new listings to look at.  Listing Prices vary from $1.625M up to $3.995M.  There is also a commercial rental newly Listed @$45/sq ft in Lions Head in Vail.

If you want to investigate further, just contact me and I will surely help you with your Real Estate need!  313.600.8330

thx  dean quint

WOW!   12/5/6/5  This morning shows 12 new SOLD properties, 5 UNDER CONTRACT, 6 PRICE REDUCTIONS & 5 NEW LISTINGS.  In recent days the market continues to move along with plenty of properties available whether it be for land, a permanent primary residence, second home or time share for summer/winter fun.

Vail Colorado Real Estate for sale

Vail Colorado Real Estate for sale, 115 Alhambra Place

SOLDS are for the past several days and range from around $285,000- up to over $14,000,000-.  It is quite a range of property values for sure.  What is important simply is there is a property out there for you most likely at a price which is affordable for you.

UNDER CONTRACT properties are those pending with an accepted offer by the seller from a buyer and they are now working through the process to meet all of the contractual terms, be it an inspection, financing, or it could be one or more of many other terms to yet be fulfilled.  Some meet all the requirements and move to the SOLD category others do not and may then return to LISTINGS back on the market.  The range of listed properties UNDER CONTRACT are from $275K to over $2.2M.

PRICE REDUCTIONS on average is $42,650- of Listed properties.  Keep in mind the spread of Listing prices are from the $400K to over $2.4M.  Regardless, there are motivated sellers and is this the time for you to make your move?

NEW LISTINGS on the market are located from East Vail to Gypsum.  They range in listing price from $465K up to $3.2M.  Is this in your price range?  Could this be one of the areas you are considering?

59 Jacksons Path, Vail Real Estate

Vail Colorado Real Estate for sale, 59 Jacksons Path

Give me a call or stop by the office today in Edwards.  I’ll be happy to assist you whether you are interested in buying or selling in the Vail Real Estate market.  My number is 313.600.8330 and I will be in the office today until 5pm.

Have a delightful day!

Dean Quint

It is a good time to make an offer on a property in the Vail, Colorado.

Today alone there are 11 price drops on various properties.  There have been additional price drops in previous days.  What this potentially means for you as a buyer is the ability to get into a property for less than what you may have previously thought.

There may be motivated sellers out there and this could be your change to take advantage of it.

Don’t wait, contact me today and I will help you find the property you want and make an offer!

To search the entire Vail MLS visit: GatewayLand.com

For any questions about the Vail Valley or Vail Real Estate, please contact me: Dean Quint  313.600.8330

September Real Estate Sales are the best month yet in 2015 so far according to Land Tile Guarantee Company.  Year to date highs of 236 transactions and a dollar volume of $229.5 million.  The strongest transaction numbers were in Eagle and Gypsum with 55 sales.  The $1 million dollar or less make up the majority of the sales.

  • 141 Sales of $500,00 or less were the 76 of the transactions for the month.
  • 15 sales of properties were for $3 million or more.
  • 4 sales consisted of $5 million or more including a home in Vail Village that sold for $10.9 million.

Arrowhead was the neighborhood with the most dollar volume.  There were 14 sales which generated $36.6 million dollars.  New construction seems to be going on in the valley in Eagle and Gypsum.

I hope you find this information informative.  Please feel free to call me if you have any questions or if I may be of assistance to you in helping with any of your real estate needs in the Vail Valley.  I can be reached at:  (970) 401-3011 or email:  betsy@gatewayland.com.  Please visit our website:  www.gatewaytovail.com

 

 

 

Do you ever find yourself curious what the local real estate market is doing. Here is a snapshot of the market for August and year-to-date from the Vail Board of Realtors. The area data includes but not limited to Cordillera, Arrowhead, Beaver Creek, Vail, Eagle, Eagle Ranch, Avon, Edwards.

The snapshot covers the following areas:

Single Family/Duplex Activity, Overview Closed Sales and Inventory by Price Range

Current as of August 6, 2015. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.

Townhouse-Condo Activity, Overview Days on Market Until Sale, Housing Affordability Index, Inventory of Active Listings Months, Supply of Inventory All Properties, Activity Overview, New Listings, Pending Sales, Closed Sales, Median Sales Price, Average Sales Price, Percent of List Price Received

For more information on your specific area of interest, please contact Greg Peterson at 970.331.1333.

 

 

MLS One Arrowhead Place A403 Covered Deck

Ski season is just around the corner and it’s time to start thinking about your retreat for the winter. Located in Arrowhead’s premier building, One Arrowhead Place, this spacious ski in/ski out condominium is in beautiful condition. This 2 bedroom 2 1/2 bath condo is 1,474 square feet with a gas fireplace, hardwood floors, and a beautiful kitchen to make any gourmet cook feel right at home. Featuring a large covered deck overlooking the Alpine Club and the mountains, private ski locker, and underground heated parking.

MLS One Arrowhead Place A403 Kitchen

One Arrowhead Place is the perfect year round retreat with a convenient location to the pool, tennis, golf, Arrowhead Alpine Club and Vista Restaurant. Easy to show. Offered for $1,200,000. For more information on real estate listings in Arrowhead, please feel free to call:  Betsy Randall at (970) 401-3011 or email:  betsy@gatewayland.com.  Please visit our website:  www.gatewaytovail.com.