Gateway Land & Development

Category Archives: Vail Luxury Condominium

 

Park Hyatt

Park Hyatt Beaver Creek Resort and Spa has been purchased by a Dallas-based firm, Ashford Hospitality Prime, Inc. for a price of $145 million which is $766,000 per room.  The purchase of the iconic Park Hyatt Beaver Creek Resort and Spa was completed in just 3 weeks.  The Park Hyatt earned Forbes’ Four Star rating and AAA’s Four Diamond rating.  It was one of nine Colorado resorts on Conde Nast Traveler’s Top Hotels in The American West, part of its annual Reader Choice Awards.

The Ashford Hospitality Prime purchase of the 190-room Park Hyatt tops last years Vail Four Seasons sales price of $121 million to a New York Company and it’s Asian Partner. The Vail Cascade Resort and Spa sold last year for $90 million which was a 292-room resort finishing a $50 million dollar renovation.  The Vail Holiday Inn  also traded hands in January and was bought by a private East Coast group for $22.4 million.  It is being renovated and being re-positioned to be a Double Tree Hotel.

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

Over the years, being in the real estate business, it’s been fun watching the home design trends change.  Like fashion, home designs change a lot. According to Houzz, these are a few trends you can expect to see in homes in 2017.

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Satin brass finishes have been making a comeback in recent years.  The satin or brushed brass seems to bring a warmer look.

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Hardworking Kitchen Storage Walls are bringing more open space and creates a one-stop hub freeing up the rest of the space for a breezy look.

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White With Off White brings a refreshing look.  Balancing a white palette with a creamy off white and natural linen hues creates a breathtaking look that can be rich with character.

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Splurging in Laundry Rooms – Everyone knows that kitchens and bathrooms get the big remodel budgets but laundry room are now seeing the love.  Design tricks include bringing more light into the room and more storage.

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Outdoor Feeling Indoor Showers – An outdoor shower is highly desirable but it is not practical in most states year round.  Designers and homeowners are looking to intimate courtyards and creative site placement to create bathrooms that connect deeply to the outdoors while still maintaining privacy.

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Abundant Storage– Homeowners have demanded more storage space so newer homes are featuring enormous walk-in closets, spacious dressing rooms and plenty of built in cabinets.  Garage are also getting larger to accommodate the larger SUV’s and all of our gear.

Please visit our website:  www.gatewaytovail.com for information on homes for sale in the Vail Valley.

Beaver Creek

Vail and Beaver Creek are the home of the two most popular ski resorts in Colorado.  Beaver Creek’s motto is “Not Exactly Roughing It” which tells you there are a lot of activities to check out while visiting Beaver Creek.

  1. Cookie Time:  At 3 pm daily at the base of the Centennial Express Lift in Beaver Creek, look for the guest services employees in red with chef hats for fresh out of the oven cookies served on silver platters.
  2. See a show at the Vilar: This is a 535 seat theatre that presents a variety of performances including Broadway musicals, concerts, and family entertainment.  Check the website for this winter’s performance line up: www.vvf.org
  3. Mountain Guide:  Set aside time with a mountain guide who will tailor the day for your and perhaps show you areas of the mountain that you have never experienced before.
  4. Mountain Top Dining:  Take a starlit sleigh ride to one of three mountain top dining locations; Beano’s Cabin, Allies Cabin and Zach’s Cabin.
  5. Beaver Creek Village: Enjoy the world class shopping and dining.  The central ice skating rink is the most iconic in Beaver Creek.
  6. Candy Cabin:  The vintage style ski in/ski out candy store at the top of Strawberry Park Express Lift (#12) offers popular favorites as well as special treats you only can get at the Beaver Creek Candy Cabin.  5th generation candy maker, Michael Mortz Jr. offers high quality wax free chocolate from his company, Colorado Candy.
  7. Thursday Night Lights: Every Thursday from mid-December through March, the sky lights up with fireworks over Centennial Express Lift.
  8. Don’t Miss These Runs:  Green:  Visit the top of Beaver Creek; Blue:  Rose Bowl is an unforgettable experience with wide open terrain and gorgeous views.   Black: Take at least one run down President Ford, his favorite run on the mountain.  Double Black: Test your skills on the Birds of Prey and you will find fun, tough terrain on Grouse Mountain.
  9. White Glove First Tracks and the Snow Refresh:  This program coordinated by our snow surface experts, includes a series of dedicated snowmaking machines that fan a light continuous dusting of snow a top of perfectly groomed trails, such as Centennial, Red Tail and Gold Dust.
  10. Events:  Beaver Creek’s events quickly become traditions from Cookie Competition, to Christmas Tree lighting, World Cup with Birds of Prey.  Check the website for a full list:  www.beavercreek.com.

For more information on what’s happening in the Vail Valley, please feel free to visit our website:  www.gatewaytovail.com.

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

 

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Eagle County‘s first Trophy Home dates back 6,000 years! Built buy nomadic Native Americans, the historical, well preserved Yarmony Pit House was in use through the 1800’s. Native American’s nestled at this site during the long Colorado winters, using this habitation for hunting grounds for thousands of years! They gathered here prior to the Anasazi  Indians creating Colorado’s Mesa Verde and well before the Great Pyramids of Egypt or Stonehenge were erected!

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First unearthed in 1987 near State Bridge, the Yarmony Pit House is one of Colorado‘s oldest archaeological sites. Discovered accidentally during a routine road improvement project, Yarmony Pit House soon changed the previously held perception as to how far north Native Americans wintered.

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Over 4,000 unscathed artifacts were unearthed during the excavation headed by Michael D. Metcalf. To preserve the Yaromony site, archaeologist’s have back-filled the area with sand. This not only preserves the integrity of the pit houses, but will also allow future archaeologist’s to re-explore this area without further contamination or erosion to the site. Metcalf would like to expand the survey to include more of Colorado’s River valleys with the intent of discovering more Native American Pit Houses, which will in turn fill in some of the gaps in our Colorful Colorado history!

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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

Hi & good morning,

Wednesday morning here in the Vail Valley we experienced our season’s 1st dusting of snow to blanket most if not all of the ground at least from Edwards to the East.  Of course it was short lived and only at the upper elevations is it sticking, the rest has melted.

Here are some stats as of this morning according to the Vail MLS.

SOLDS – 11 properties have sold, ranging in price from a parking spot in Vail for $100K- to $999K for a single family home in Singletree.

UNDER CONTRACT – 8 new UC properties are reported ranging from $124900- for a lot in Red Cliff to $850K up in Beaver Creek for a ski in/ski out.

PRICE REDUCTIONS – Two price reductions one for $50K the other for $19100-, worth looking at for a better deal.

NEW LISTINGS – 7 new listings range from $449K for a 3 Bdrm 3BA in Edwards to $4.3M for 360+/- Acres near Dotsero with an improvement on it.

If interested in these or any other property in the Vail Valley or surrounding area give me a call and I’ll do my best to answer your question or will find the answer if I don’t know it!

Have a good week…

Dean  313.600.8330

Vail in the fall

As the season begins to change and fall leaves are falling, the real estate market is still busy.  Owners should feel confident in listing their home at a fair price and still receive a good offer in a   healthy real estate market.  The real estate inventory is still down 18%.  Move-in ready homes are still the preference of buyers in the current market.  Many things are still happening in the Vail Valley and it’s an ideal time to get your skis tuned up, sign up for ski schools, take advantage of the great restaurant and lodging discounts.  It’s also the perfect time to look for a vacation home for family and friends to enjoy all year round.

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