Gateway Land & Development

Monthly Archives: January 2011

Located in Lionshead, just west of Vail Village, the Arrabelle at Vail Square is Vail Resorts latest high end boutique hotel.? Just steps from the gondola and chairlifts, the Arrabelle is in an ideal location for skiing, snowboarding, apres ski and night life.? And while not everyone can afford to purchase a whole ownership residence in this posh property, many more can opt for The Arrabelle Club.

The Arrabelle Club is an excellent opportunity to get the amenities of a high end hotel without the price, and?need I say PARKING, right in Lionshead!? That’s right, a full membership at the Arrabelle Club comes with heated, underground valet parking.? Other amenities include:
Ski Valet/ Locker Room/ Spa and Fitness Facility/ Members Lounge with continental breakfast daily/ First Tracks/ Full Service Concierge

The memebrship deposit of $150,000 is fully refundable upon resignation as outlined in the membership plan.? Currently Vail Resorts is offering financing options for the memebrship, and it comes with 2 season passes for 5 years as an incentive.? The Vail Mountain Club memberships sold out at a cost of $250,000 so here’s your chance for the Lionshead version at a significant savings.

Call or email me today (970-766-2617) to learn more about the great Arrabelle Club opportunities that currently exist.

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Lionshead Vail real estate is hot!? Compared to Vail Village and everywhere else in Eagle County, Lionshead topped the 2010 charts.? Lionshead ended the year with 63 transactions, a 210% increase over 2009 and had $263.8 million in dollar volume in 2010, a 574% increase over 2009.? Lionshead?s sales represented 18% of the total dollar volume, the highest of any neighborhood in Eagle County, including Vail Village, which was 15% and Beaver Creek which was 12% of total dollars sold in 2010.

You next questions is: what made Lionshead so hot?? 2 new developments contributed to the overall numbers in 2010, including The Arrabelle with 11 sales for a total of $38,830,000.? The Ritz Residences had 14 sales for a total of $42,486,000.

The average sales price of single-family homes in Lionshead in 2010 increased an average of 12% over 2009, while multifamily homes (condos) increased 42%. The large increase in the sales price in condos is primarily due to the large sales in the new development projects previously mentioned.

The average price per square foot for single-family homes in Lionshead in 2010 was $739, down 44% from 2009.? The average price per square foot for condos in Lionshead in 2010 was $1,277, up 31% over 2009.

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

For more information on Vail Valley real estate check out our website at www.gatewayland.com.

For a free, non committal, property search visit www.vailpropertysearch.com.

Wow!!? That pretty much sums it up.? The ski conditions in Vail CO are as good as it gets; long term locals and tourists alike are grinning ear to ear making turns through feet of gorgeous powder.? Vail has received almost 4 feet of snow in the past week!? (with more in the forecast!!!)

Click here for Vail and Beaver Ceek Snow reports!

Weeks like this are what keep people living here and keep vacationers coming back year after year.? It only takes one week like this to make you a powder junkie for life.?? And I haven’t even skied this week!? It’s a very strange feeling seeing everyone?I know smiling and exhausted, ?talking about their powder days, when I haven’t even been up.?

A bum knee has left this former ski bum temporarily watching from the sidelines; and for the first time in my adult life, that’s ok.? I must be?getting old ( I did just turn 40) as I’m happy seeing the joy it brings to others. ?First time visitors telling stories of being waist deep and loving it.? Former pro skiers saying how good the Minturn Mile was today.? Apres ski discussions on what lines will still be fresh tomorrow,?while the answer is all of them since its still snowing!

My 3 year old had his first ski lesson yesterday and he was sooo excited!? My 5 year old can’t wait to get ski poles for the first time next week and back in his ski lesson.? And my wife is giddy as a school girl because she just got new skis (Volkl Aura’s) and can’t wait to get on the hill again!

There really is something magical that happens in a ski town when it dumps feet of snow.? People are happy, truly happy, to just play in nature’s splendor and share it with their friends and families.? I’ll be back out there next week, but watching everyone else this week reminded me how lucky we all are to live in a place like this.

Call or email me anytime for the ins and outs of the Vail Valley!? Have fun and think snow!

Come to Bellyache Ridge tomorrow (January 11, 2011) from 11-1 pm to view five great homes and 2 great homesites!

624 Big Dipper Rd.

624 Big Dipper Rd.

All of these properties will be open to the public for viewing:
624 Big Dipper Rd.?(pictured) ?Mountain modern home w/ 3 bedroom/2.5 baths.? 1.84 acres.? Offered at $798,000.
625 Big Dipper Rd.? Short Sale of a newer 3 bedroom/ 3 bath home on 2.16 acres.? Offered at $499,000.
4265 Bellyache Ridge Rd.? 3 bedroom/3.5 bath log home on 1.54 acres.? Offered at $689,000.
510 Big Dipper Rd.? Gorgeous 4 bedroom/4.5 bath custom log home on 1.94 acres.? Offered at $1,679,000.
985 Jouflas Ranch Rd.? New Construction 4 bedroom/ 4.5 bath home on 36 acres.? Offered at $1,975,000.

301 Big Dipper Rd.

301 Big Dipper Rd.

Also available are?301 Big Dipper and 188 Big Dipper.? Both are vacant lots with excellent views and easy access.
301 Big Dipper Rd. (pictured) is currently listed at $249,000 for 1.16 acres zoned duplex.?
188 Big Dipper Rd. is currently listed at $300,000 for 1.69 acres and is aslo zoned duplex.

DIRECTIONS:? Located above Wolcott, CO in the beautiful Bellyache Ridge neighborhood.? Take I-70 or HWY 6 to Wolcott.? Head south up Bellyache Ridge Rd.? Take a right onto Big Dipper Rd.? Look for signs identifying the properties.

Related Articles:
Bellyache Ridge:? A Unique Mountain Community

Mountain Modern Home For Sale in Bellyache

The Bachelor Gulch high end real estate market is staying strong, despite the challenges facing many markets.? We have seen quite a bit of recent activity, especially with premium single family homes.? For the sake of this discussion, we’re looking at homes listed over $6.5 million.

View From 3791 Daybreak

There are currently 2 single family homes under contract; 156 ElkHorn most recently listed for $8,900,000 for approx. 9972 square feet and 3791 Daybreak Ridge most recently listed at $11,900,000 for approx. 10663 square feet.? Both are stunning homes with amazing views and top of the line finishes.

1888 Daybreak Ridge recently sold in November 2010 for $8,500,000 for approx. 9865 square feet.

As of this blog, there are 10 single family homes on the market that I would term premium?and listed above $6,500,000.? Time on the market for these types of properties can be quite long, but several have just been listed; 5 have been on the market for under 50 days while the other 5 range from 328 days to 914 days.? Relative pricing has the homes ranging from around $1000/SF to about $1300/SF, with the average list price at?$1134/SF? and the median at $1126/SF.

Come see why people love Bachelor Gulch and why there continues to be demand in a challenging market.? Call or email me today.

Related Bachelor Gulch Articles:
Bachelor Gulch 2010 Sees Continued Activity

Bachelor Gulch Condos For Sale in the Vail Valley

Eagle County, Colorado High End Properties continue to sell!?In November 2010, 6 properties sold at over $4,000,000 which brings the 2010 total of homes sold over $4 Million to 41. These high-end sales contribute to 25% of the overall dollar volume of the county. Solaris in the Vail Village (for more information, please visit +++) has been a large part of these sales, contributing 16 sales at an average of $7.4 Million.

Eagle County boasted $113,577,217 in dollar volume in November which is a 38% increase in total dollar volume from last November ($82,428,395). The year-to-date total dollar volume in 2010 reflects a total of nearly $1.4 Billion, a 71% increase from last year. Transactions were up 37% year-to-date over 2009; 1,153 compared to 843.

Multi-family homes lead the market sector with 555 transactions (54% of the total market) year-to-date. There were 396 single-family home transactions, 39% of the market. And 7% of sales was vacant land.

November Highlights

Average Sales Price: $1,014,082

Vail Village: 16% of the Overall Dollar Volume

East Vail: Most Eagle County Transactions with 10

For more information on Vail Valley Real Estate please visit www.GatewayLand.com