Gateway Land & Development

Monthly Archives: February 2009

Vail, Colorado is truly no ordinary place. Adorned with giant snow-capped mountain peaks, sun-dappled glades, never-ending majestic lakes and rivers, and panoramic postcard views, this valley is on a level all its own. Often the most celebrated part of Colorado is its endless acres of pristine, unspoiled terrain, and we are proud to offer some of the Vail Valley?s most incredible land and ranches.

Whether you are in the market for a working, old Western Ranch, your own private valley, a magnificent home surrounded by 38 acres, a dramatic setting suited for royalty, a horse haven, or a fly fisherman?s paradise, Gateway has it. Please contact us for more information, brochures, or our distinguished Buyer?s Guide.

Visit www.VailPropertySearch.com and www.GatewayLand.com or call us at 970.926.6777

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$11 million dollars of federal highway spending was just granted to Eagle County in order to build three roundabouts in Edwards. The roundabouts will be constructed at the I-70 interchange, creating a more convenient and easy link from I-70 to Highway 6 and downtown Edwards. Although no timeline has been officially set, it is projected to take one to two years and begin in 2010. This ?shovel ready? project was bumped to the top of the priority list when President Obama began his stimulus money plan and while it was not expected to be funded this quickly, residents and commissioners alike are pleased with the decision.
Roundabout in Vail

Roundabout in Vail

That’s right.? The Vail Valley is not immune to the national real estate downturn, and deals do exist.? One such deal is Terrace Ridge Townhomes Unit 1B.? Located in lower Homestead in Edwards,CO, this spacious home is now listed at $569,900!? (reduced about $20K!)

With approximately 2289 square feet (per seller) that puts this townhome UNDER $250/SF!!? For this sought after community, that’s a great price for a great place that has been meticulously upkept.

With 3 bedrooms and 3.5 baths on 3 levels, this home is great for entertaining while preserving quiet bedroom to bedroom.? An attached one car garage with built-in shelving and multiple closets provide tons of storage.? This townhome really deserves a look!? Please call me or your real estate professional?today to see this great home.

Realted Articles:?
Terrace Ridge Townhome For Sale in Edwards, CO!

Great Value in Homestead!

Views from Bellyache Ridge, Wolcott COLocated just 25 minutes away from Vail, Bellyache Ridge looks down from above on much of Eagle County, Colorado.? This community of locals and second homeowners has found a unique niche of wonderful homes in the geographic heart of the Vail Valley.? Located south of Wolcott,? Bellyache provides a real estate?opportunity for those that want a more rustic or rural feel, while still being just minutes from the world class amenities that the valley is famous for.

Some of the most amazing views in the entire valley are witnessed from Bellyache Ridge.? Depending on your perch, you can see the Gore Range, the Sawatch Mtns. (including NY Mountain), Red and White Mtn., several peaks in Summit County, and almost the entire valley floor from Edwards to Dowd Junction.? There are currently?9 homes listed in the MLS; ranging in price from $475,000 to $1,679,000.

I first experienced Bellyache in 1994, visiting a friend’s log cabin (as are many of the homes in Bellyache)?on Little Dipper Rd.? I was blown away that the peace and quiet that I was enjoying was only minutes from Eagle and Gypsum, and from Vail and Beaver Creek.? The views are jaw dropping, especially when you have time to just sit and soak in all that you are seeing.? It was one of the places that made the Vail Valley so special to me.? Please call or email me anytime to learn more about Bellyache and why it is such an inspiring place to live.

Related Article:? Mountain Modern Home For Sale in Bellyache!

Beautiful Winter Time Views

Beautiful Winter Time Views

With “Colorado Blue” skies, and gorgeous white snow, the views are breathtaking from this exquisite Vail Valley Ranch.? With indoor and outdoor arenas, six stall barn, irrigated and fenced pastures, and a beautiful custom Ponderosa Log Beam Home it will please both you, and your horses.? Private and secluded, yet just minutes from World Class Skiing, Shops,?Restuarants, and the Eagle Valley Jet Center.? Totally “turn key”? this property is ready for your immediate enjoyment!

Good News!? The discounted, unrestricted Epic Pass will return for a second season.? The details of the pass have not been finalized as of yet, but Vail Resorts will release the information in the near future.? The Epic Pass was introduced?for the 2008 – 2009 ski season at a significant discounted price of $579.? This was a huge discount in comparison with the price of similar passes in previous years.? The Epic Pass does not have any blackout days.?? The passes went on sale last March and were offered through October.? 59,100? Epic Passes were sold.

Schuss on into 360 Cresta between 2-5 this Saturday February 21st.? Stop by for some cookies on your way down for fun in the sun at the Broken Arrow Cafe.

This gorgeous 4 bedroom 4.5 bath ski-in/ski-out residence is a must see!? This warm and inviting atmosphere encompassing 2889 square feet? with wonderful mountain views is the perfect Alpine Retreat.? Throw on your skis and head to the Arrowhead base within minutes.? Enjoy Apres on the privacy of your own deck.

Please stop by to experience the wonderful perks of living on Arrowhead Mountain.

For more information please contact? Jill Hopkins 970-376-8692 jill@gatewayland.com

Reduced $2,905,000!
Stunning Living
Stunning Living & Dining Rooms

3698 Daybreak Ridge, a magnificent estate in the celebrated Bachelor Gulch community in Vail, Colorado, is now $7,995,000! One of Bachelor Gulch’s finest, this six bedroom home boasts ski-in/ski-out access to both Beaver Creek and Bachelor Gulch, soaring 50-foot ceilings, exquisite wood and stone finishes, and a fabulous bunk room that sleeps up to eight campers.

Handsome Kitchen

Handsome Kitchen

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Darling Bunk Room

Darling Bunk Room

Exquisite Master Bedroom

Exquisite Master Bedroom

?For more information on this home or to browse the Vail Valley MLS, please visit our websites at www.GatewayLand.com and www.VailPropertySearch.com

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Spacious 3 bedroom plus study townhome

The perfect home for the first time home buyer or investment property.? This spacious 3 bedroom plus study townhome is in close proximity to the Eagle River for the river enthusiast.? Vaulted ceilings compliment the living room, dining and kitchen areas.? The large two car garage provides room for plenty of storage.? The gas fireplace and deck with the fenced yard and roomy bedrooms makes this townhome feel like a single family home.? This home is in?a great neighborhood and in a great town with close proximity to skiing, hiking and biking.? This 1,905 square foot home is a great buy for $377,900.? Please call Betsy Randall at (970) 401-3011 for a tour!

Eagle County real estate sales for 2008 actually were amazingly higher than one would imagine. In December alone sales were $225 million which brought the total for the year to $2.234 billion. These sales, however, are down 25% from 2007 and 19% from 2006. High end transactions?were the main force in these numbers with 71 transactions coming in at more than $5 million. New developments, fueled by the Billion Dollar Renewal of Vail, have always been a big factor in Eagle County’s growth, especially over the past three years, and 2008 was no exception. In? previous years, those new projects have made up 25% of sales volume and in 08, the new construction closings accounted for 41% of volume. Those projects were The Westin with $104 million in sales, Vail Mountain View Residences with $54.8 million, Chalets at the Lodge with $143.6 million in sales and The Arrabelle with $233.5 million.

The bad news is, of course, that the number of transactions is off substantially – 1,606 in ’08 compared to 2,688 in 2007 and 3,115 in 2006, and 0ver 4,000 in 2005. The trend continues when looking at this past December where only 102 transactions took place, the lowest number since 1996 when these stats were first tracked by Land Title, the source of these numbers. Now for more good news – Eagle county has been the least affected resort market compared to Pitkin, Garfield and Summit Counties. We are over double the volume of Pitkin County (only $1.3 billion), who is the next highest, and this is nearly triple that of either Routt or Garfield Counties. When you walk down the streets of Aspen these days, you can find a parking space in front of many of your favorite restaurants. And the stats show Vail is off only 20% in bookings compared to Aspen which is off 40%.

One last statistic from Land Title is the Per Single Family?Average Sales Price of all residential sales for 2008. Mainly because of the expensive new developments the Av. Single Family?Sales Price is $1,455,774 which can be compared to ten years ago in 1998 where the average was $605,340. And if you want to take a long look back, the Average SF price in 1988 was only $207,893.