Gateway Land & Development

Monthly Archives: February 2011

Looking for a fun thing to do in Minturn, CO?? Then look at Meadow Mountain for a great day of tubing on a?groomed sledding hill.? Operated by Eagle Valley Guides at Meadow Mountain.

Located above the?Holy Cross?ranger station (at the junction of I-70 and Scenic Highway 24, I-70’s Minturn exit), this fun tubing hill has its own lift to take you back to the top.? Fun for the whole family, you can book special events or parties.? Or just show up Thursday – Monday from 10 am to 5 pm.? The operators do charge by the hour per person; and the rate includes lift service and tube.

The views are beautiful as are the smiles on everyone’s faces as they speed down the hill.? Looking for something?to do in the Vail Valley on your day off from?skiing or snowboarding?? Tubing may be the answer!!

Minturn Real Estate:
Log Cabins on the Eagle River For Sale in Minturn CO

New Businesses Open in Minturn

Bachelor Gulch has been enjoying one of the best ski seasons in recent memory.? (Beaver Creek has reported over?240 inches of snow thus far, and more is forecast for this weekend.? Bachelor Gulch and Beaver Creek are connected and allow for village-to-village skiing access!)

Bachelor Gulch

Bachelor Gulch

Indicators are showing that the real estate activity in Bachelor Gulch is staying solid relative to the past few years.? (2008?had 28 transactions/2009?had 14 transactions/2010?had 16 transactions.)? Granted the number of ?transactions are down significantly from peak activity, 2011 has?seen 4?sales and 2 pending sales year to date ( as of February 19).

Sold thus far in 2011:
Ritz Residential Suite #640; 2 bedroom condo, sold for $1,550,000 (or $1161/SF)
Hummingbird Lodge C302; 4 bedroom condo, sold for $2,663,000 ( or $781/SF)
156 Elkhorn; 6 bedroom single family home, sold for $8,900,000 ( or $893/SF)
3791 Daybreak Ridge; 7 bedroom single family home, sold for $10,300,000 (or $966/SF)

Currently Under Contract:
Horizon Pass Unit 209;? 4 bedroom condo; last list price of $2,590,000? (or $751/SF)
QuarterMoon Unit 13; 6 bedroom single family home; last list price of $3,950,00 ( or $881/SF)

There are currently 51 active listings in Bachleor Gulch, ranging in price from $825,000 to $12,900,000.? The median list price is at $2,995,000.? Relative prices range from $674/SF to $1419/SF with the?median around?$1000/SF.? ?Most properties in Bachelor Gulch have excellent ski-in/ski out access.?? If not, there is also the free door to door transportation service.

Please call or email me anytime to discuss the Bachelor Gulch real estate market, or?about other?areas?in the Vail Valley!?
THINK SNOW!

Related Articles:
Bachelor Gulch High End Properties Staying Strong

Bachelor Gulch Sees Continued Activity in 2010!

The Ritz-Carlton Residences in West Lionshead are now offering Lifetime Season Passes at Vail with the purchase of a condominium at this great luxury property!? This limited time offer applies?to the next 5 sales?at The Ritz-Carlton Residences, Vail; truly one of the best properties in the Vail Valley.

The Ritz-Carlton Residences, Vail

The Ritz-Carlton Residences, Vail

Also being offered as VIP (Vail Incentive Package) incentives:
-Private ski school lessons
-Custom made skis or snowboard
-Complimentary?accomodations at RockResorts
-Private First Tracks event at Vail
-Private dinner event at Game Creek Club

Built to the most exacting standards, this is one project that is not to be missed!? Please call me today (970)766-2617 or email me at dougs@gatewayland.com to schedule a visit? 7 days a week.

Click here for the Ritz-Carlton Residences, Vail Website

With too much information to list here, check out the website above for amenities, floorplans, site map, photographs, availability, and pricing.

Related Article:
The Arrabelle Club:? Lionshead Luxury w/ Parking!

Manor Vail is a wonderful hotel comprised of whole-ownership condominiums, located just across the street from Vail's Golden Peak ski access. Manor Vail has one of the best locations in all of Vail, with skiing in your front yard and Gore Creek and Gore Range views in your backyard! There are currently 20 Manor Vail units for sale, ranging in price from $599,000 to $9,600,000. Yes, that's quite a range and that's because Manor Vail has studio condos as well as the new Penthouses at Manor Vail! In 2008, developer East West resorts built a new level of penthouse units above the existing structures. These new condominiums were originally priced in the $2500/sf price range, but with the economic turndown, the developer has been selling units at a 40% discount from that price.

There are 3 studios, 7 1-bedrooms, 6 2-bedrooms, 3 3-bedrooms, and 1 4-bedroom condo available. Call me today (970) 766-2617 or email me at dougs@gatewayland.com to discuss the great opportunities currently available. Manor Vail has a long list of amenities including: underground & surface parking, 2 heated pools, 4 outdoor hot tubs, a fitness facility, sauna and steam room, complimentary shuttle service, spa services, The Lord Gore Restaurant, the Fitz bar, and on-site front desk 24 hrs a day. Click here for Manor Vail's website.

That’s right!? Several new business have recently opened in the quaint community of Minturn, CO!? Click here?to read the Vail Daily article ?detailing the 8 new entrepenuerial endeavors.? Tucked comfortably off of I-70, Minturn sits perfectly between the world renowned ski resorts of Vail and Beaver Creek, yet it retains its historic charm as a former railroad town.

A View in Southern Minturn

A View in Southern Minturn

Minturn is a fantastic neighborhood of locals and second homeowners.? And they’re all glad to see more shops and restaurants opening up.? It’s nice to walk down a main street, wave to people you know, and frequent a great variety of stores and hang outs.

There are?also several great real estate opportunities currently available in Minturn.?

The IronWorks Building in Minturn CO

The IronWorks Building in Minturn CO

Sitting right on Main Street, the Iron Works Building is currently for sale at a list price of $1,795,000 for approximately 9390 square feet of mixed use space.? This well built?3 story building has 5 residential apartments (2 1-bedrooms, 2 2-bedrooms, and 1 3-bedroom unit), and 2 large commercial spaces that can be divided in many ways, creating the opportunity for many businesses.

Log Cabins at the Minturn Racquet & Trout Club

Log Cabins at the Minturn Racquet & Trout Club

1874 & 1876 Cross Creek Lane, respectively, are for sale at the southern end of Minturn.? Both are part of the Minturn Racquet & Trout Club and these gorgeous single family log cabins sit right on the Eagle River.? High end finishes exist throughout these 3 level homes, including centralized low voltage lighting and A/V, granite slab counters, Wolf ranges, Sub-Zero refrigerators, travertine tile in the master bathrooms, plus much more.? Currently offered at $1,250,000 and $1,149,000, respectively.

Call or email me anytime about these Minturn properties or?the real estate market here in the Vail Valley!

Related Articles:
Iron Works Commercial/Mixed Use?Building For Sale in Minturn!

Minturn Racquet & Trout Club Log Cabins on the Eagle River

Now listed for sale in the Homestead neighborhood of Edwards, Colorado: Terrace Ridge Townhomes Unit 12B!

Terrace Ridge Townhomes 12B

Terrace Ridge Townhomes 12B

Terrace Ridge is a wonderful enclave of townhomes at the base of Homestead, located a short walk away from all of Edwards' amenities.(To name just a few: the movie theater, restaurants, shops, boutiques, the post office, a pharmacy etc.) Terrace Ridge 12B is set in the north eastern portion of the complex with big views across the valley towards Edwards.

The 3 bedroom/3.5 bathroom townhome provides excellent living on 3 levels with vaulted ceilings and great light throughout. The main level's open living/dining/kitchen is perfect for entertaining or just hanging out in front of the gas fireplace. Upstairs, there is the master bedroom w/ its large bathroom and walk-in closet and a secondary bedroom with its own bathroom. The lower level is open to allow for flexibility; the recreation room/bedroom combo has plenty of storage and its own bathroom. The one car garage also has built-ins providing excellent storage.

Owners in Terrace Ridge become members of the Homestead Court Club: amenities include yoga classes, indoor swimming pool and hot tub, indoor and outdoor tennis courts, paddle courts, squash courts, fitness facilities, child care, and miles of trails. This property is priced to sell, offered at $475,000! now $449,000! Realistic sellers understand the market we're in. Call me today!

Related Article: Homestead in Edwards, CO:? A Great Neighborhood

Lionshead is still the hottest neighborhood in Vail?s real estate market!? Lionshead?s 4 sales in January, over $17 million, accounted for over 20% of Eagle County?s total dollar volume in January, while Vail accounted for less than 1%.? Beaver Creek and Bachelor Gulch were close behind Lionshead with 15.5% and 17% of the total dollars sold in Eagle County in January, respectively.? The Ritz Residences dominated Vail?s real estate market in January with 3 of the 4 sales and with one unit selling for $9.2 million.? The average sales price in Lionshead in January 2011 was $4.3 million, primarily due to the large sales in the newly developed Ritz Residences. 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.