Gateway Land & Development

Monthly Archives: April 2008

The Seller Wants to Sell!? We hear this all the time, but the seller of 3000 Eaglebend #10 in Avon, CO means it!? Originally listed at $895,000 (due to the sale of a similar neighboring home selling for $840,000 in August of 2007) this amazingly remodelled single family home is now priced at $780,000!? Instant equity as they say!

Private River Access

Located on the Eagle River, with private river access, this enclave of beautiful homes lies between Vail and Beaver Creek Resorts.? Fly fish just steps from your 3 level, designer finished home.? Keep your toys in the one car garage!? All of this and more in an upvalley location.

NOW is the time as the seller is considering a long term rental.

Please contact me to learn more about this great opportunity.

Vail and Beaver Creek Ski Resorts are officailly closed for the 2007-2008 ski season.? Beaver Creek set a new record with 430 inches of snow; Vail reported 463″ of snow.? It was truly one of the best snow years ever!

The final day was one that will be long remebered by those present.? Bright sunshine, blue skies, and fantastic snow conditions greeted thousands of skiers on April 13, 2008.? While Beaver Creek was surprisingly mellow, Vail was packed with many costumed revellers celebrating “4 at 4”, the top of the mountain party named for Chair 4 at 4 o’clock.

This season had few “spring skiing days”; those warm, sunny, corn snow days that many of us dream about.? “Better late than never!”?was the attitude from those skiers and snowboarders on the mountain, and everyone seemed content to have the sun on their faces.?

Enjoy the golf and see you next year!

Located on the banks of Red Sandstone Creek, on the north side of I-70, Sandstone is the only neighborhood in Vail where you can enjoy a full day of sun from your patio with incredible panoramic views of the Gore Range Mountains while watching skiers make turns down Vail Mountain.?

Over the past few years Sandstone?units have been updated to take advantage of their ideal location within the short term rental market and prices have gone up to reflect it.??Many homes in lower Sandstone sit on the creek and are a short walk over the skier bridge to Lionshead and the Eagle Bahn Gondola.? Of course, within the town you can always catch the free Town of Vail bus to go just about anywhere.??

Potato Patch sits in?upper Sandstone directly across from Vail?s ski runs, giving residents panoramic views of Vail Mountain, the Gore Range Mountains and the amazing western sunsets.? Southfacing, the sun bakes on these hillside homes giving Potato Patch its reputation for being the warmest neighborhood in the town of Vail.? Potato Patch offers every size and type of home, along with a?club with a fitness center, pool and tennis courts.? With these views and a location within the Town of Vail, expect to pay a little more, and it will be well worth it!?

You?ll find endless hiking and single track biking trails just up the hillside behind Sandstone.? The fun, quick and technical North Trail System runs from Red Sandstone Elementary up to the west and back down behind the grocery stores.?

?Above the neighborhood, the Ranch at Spraddle Creek offers high country horseback riding and kids? summer camps for riding or exploring the forest on foot. ?The long and windy dirt Red Sandstone Rd. (car summer access only, snowmobile in winter) leads up to the breathtaking high mountain Piney Lake.? Surrounded by stunning mountain peaks this is a perfect place for biking, fishing, hiking, horseback riding, canoeing, hunting, snowmobiling, snowshoeing, bird watching, taking photographs or getting married.?? If it involves the outdoors, this is a great place to do it.?

?For more information on Sandstone or other Vail Valley real estate call or email me or visit my website below.??

Offered at $799,000 this 3 bedroom, 3.5 bath Upper Homestead duplex is by far the nicest, cleanest and newest home in Homestead under $1M.?

It has an open main level floor plan that makes entertaining a treat.? A master suite including an office and a downstairs recreation family room give plenty of room to spread out.?

An abundance of windows offers plenty of natural light and amazing views to Castle Peak and the valley to the west.? Completed in July of 2005, this newer home is immaculate and upgraded with beautiful stone, hardwood floors and stainless appliances.?

?A private driveway, 2 decks, 2 patios and a large yard allow this duplex to feel like a single family home.? You?ll find great storage with an oversized 2 car garage and a mud area lined with cubbies, hooks and shelves.?

?Walk out the door to Homestead?s many hiking and walking trails or mountain bike home from Arrowhead.? This duplex is conveniently located just a quick drive to downtown Edwards? dining, shopping, grocery and movie theater.?

One of this neighborhood?s best amenities is the Homestead Court Club which offers weights and cardio machines, racquetball, squash and tennis courts, indoor pool, hot tub and steam, as well as numerous classes.

For more information on East Vail or other Vail Valley real estate contact Karen Gilbert at 970-331-1482 or karen@gatewayland.com??

Real estate sales have continued to slow considerably here in the Vail Valley.? There were only 131 transactions in the month of February, less than half of last year, and significantly less than both ’05 and ’06.? The total sales volume was down from last year’s massive February, but higher than the totals?from both ’05 and ’06, due in a large part to the continued strength on the high end market.? (13 properties sold over $4 million.)?
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It remains to be seen to what extent national market conditions will affect our local market, but expect 2008 to be a challenging year.? There are buyers out there for well priced properties, but gone are the days of 20-30% per?year appreciation.? I doubt we will see prices decrease as they have in other regions, but I do expect our market to be flat.?
Please feel free to call or email me to discuss specific buying opportunities within our slowing market, or to receive January and February ’08?sales statistics in PDF form.

Vail is much more than its reputation for champagne power skiing and European inspired villages.? A billion dollar revitalization project called Vail?s New Dawn is currently giving the area a much needed face lift that will result in more amenities, services and options for ownership.

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As the local saying goes ?winter is why we came, summer is why we stayed”.? In addition to its fine dining and bountiful shopping Vail is known for an endless variety of recreation.? ?From world championship and local bike racing to Bravo! concerts, Hot Summer Nights (the free Tuesday night concerts) and plenty of other shows at the Gerald R. Ford Amphitheater, there is something to do every night.?

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Homes in Vail Village range from studios downtown to spacious slopeside on mountain chalets.? Of course, to live within walking distance to this amazing village and all it has to offer you can expect to pay a premium.?

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For more information on Vail Village or other Vail Valley real estate contact Karen Gilbert at 970-331-1482 or karen@gatewayland.com??

As we get older, there are days that remind us of how our lives used to be.? I was fortunate enough to have such a day this past Sunday on Beaver Creek Mountain at Redtail Camp.

The sun was out, a local band was playing on the deck, and a hundred or so revellers were enjoying the on-mountain scene.? Now some may have been just taking a break from skiing, but for us, this was our destination.? We wanted to enjoy the sunny spring weather, with friends, outside on the ski hill, drink in hand.?

This was?the type of day we had experienced hundreds (yes, I suppose?hundreds) of times before, over the course of many seasons as skiing locals.? It used to be just what we did, as life had not yet interrupted our social scene.? But this past Sunday felt special, reminiscent of those bygone days.? Nothing to do but enjoy the people around you,?and the beautiful mountain vistas .? And of course the occasional beer or margarita.

My wife and I skied together for the first time this season that day, and it’s the end of March!? I’ve only been up a handful of days this year; having 2 young kids might cause this I know, but wow, it’s a far?cry from the 80 days we used to get.?

I would not trade what my life has become for what it was, but it sure was nice to feel?that way?again for an afternoon.? And remember one reason why I chose to call this place home.

Here’s a special thanks to the band, Test For Echo, for?putting out great music and creating a fun vibe for all.?

Thanks for?indulging an aging ski bums’ nostalgia.? I’ve got to go now and change some diapers.