Gateway Land & Development

Monthly Archives: March 2011

Vail International's Lionshead, Vail location, approximately 300 yards from the gondola in Lionshead, makes it an incredible deal in the vail real estate market for those who aren't concerned with being directly in the middle of it all.

Vail International Condominiums are located on the eastern edge of Lionshead behind Dobson Ice Arena and the Vail Library.From here, the free in town bus, just steps from the front door, makes it super convenient to access Vail Village or central Lionshead.  Or with this ideal location, you can walk

Vail International Condos in Lionshead Vail

Vail International Condos in Lionshead Vail

All of the one, two and three bedroom condominiums have living areas and fully equipped kitchens, a step up from your typical hotel room mini fridge.The on site management is extremely helpful and provides that extra support you need when trying to generate rental income. While the HOA hasn't jumped into a full building wide renovation, like some of the other Vail Village and Lionshead lodges have recently done, they have remodeled the heated pool (with slope views) fitness and steam rooms, lobby, large stone fireplace and an internet station.

 
Vail International Condos in Lionshead Vail

Mountain Views from the pool at Vail International Condos in Lionshead Vail

Currently there are4 condos at Vail International available for sale. All have 2 bedrooms, 2 baths and they're all totally different.

3 of them have between 930 and 990 square feet and range from original condition to completely remodeled. The lower level, original condition 2 bedroom has 985 square feet and is currently available for $880,000. This 2nd floor 2 bedroom, 930 square foot home has been lightly updated and is currently available for $795,000.

Lightly updated Vail International, Lionshead Vail condo

Never rented (rare in this building), this 2nd floor 2 bedroom, 930 square foot home has been totally renovated and extremely tastefully furnished and reveals mountain views from every room.

Bright and Sunny Remodeled Vail International Condos

This top floor 2 bedroom, 2 baths, 1,147 sq ft home's completely remodeled kitchen and baths, cathedral ceilings, sunny location and dead on mountain views are lovely features, but the home's main draw is the incredible additional living space compared to other 2 bedrooms in the building. The additional 217 feet were brilliantly created into 2 lofted rooms which provide additional sleeping for 6 people. With 2 bedrooms on the main floor, this condo easily and comfortably sleeps 10 without ever pulling out the sofa bed.

This completely remodeled 2 bedroom Vail International Condo in Lionshead has 4 sleeping areas

For more information on Lionshead or other Vail Valley real estate call me or click here to email me

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.

Red Sky Ranch is off to a great start in 2011!? At a time of year that historically favors ski properties, Red Sky Ranch has seen one homesite sale and another is under contract.? 2299 Red Sky Road (Lot 85) recently closed on 2/28/11 for $550,000 and 38 Red Sky Road (Lot 2) is under contract, last list price was $395,000.? Combine this?with the excellent activity in 2010, Red Sky Ranch continues to be one of the best golf course communities in the country!

Red Sky Ranch

Red Sky Ranch

There are currently 12 homesites for sale and 6 homes for sale.? Prices of the homesites range from $275,000 to $995,000.? The homes range in price from $1,425,000 to $3,900,000.? Of the 6 homes listed, 2 are preconstruction opportunities allowing for buyers to customize their finishes and floorplans.

One excellent available homesite is 1200 Red Sky Road ( Lot 88).? Located on the 10th hole of the award winning Norman Course, Lot 88 combines privacy and views on an easily buildable 1.34 acres.? Offered at $695,000.? (It?most recently?sold for $850,000 in 2007.)

Driving through the Red Sky Ranch community shows quite a bit of construction activity:? 2 homes are under construction in the Juniper Trail enclave, 2 homes are nearing completion above the Fazio 16th hole on Elk Bugle, and another home is almost complete across Bellyache Ridge Rd.

Springtime in the Rockies is a great experience and Red Sky’s 2 championship golf courses will be open in May.? Call or email me, Doug Schwartz,??for a private tour of this amazing golf course community!? dougs@gatewayland.com or (970) 766-2617

Related Articles:
Great Pre-Construction Opportunity at Red Sky Ranch

Fly Fishing at Red Sky Ranch

We have several great ranch properties for sale, including an 825 acre ranch just minutes outside Vail, and an 87 acre ranch on Brush Creek that has been reduced $800,000 in the last year, there is surely something for anyone looking for a ranch in Vail, Colorado.

Sleepy Hollow Ranch, Eagle Colorado Featuring 87 acres of dramatic hillsides and endless sweeping views, this land is truly one-of-a-kind. Nestled in a gorgeous valley surrounded by rich mountainsides and 1/4 mile of the stunning Brush Creek, this ranch offers a charming 3 bedroom home, a guest cabin, and a tack barn. It also borders the White River National Forest, Sylvan Lake State Park, and BLM Land and it also possesses coveted water rights. It can also be subdivided into two parcels, one at 37 acres and the other at 48 acres. Reduced $800,000 this year to $2,175,000

Summer Range Ranch, Wolcott ColoradoLocated just 25 minutes outside Vail, Summer Range Ranch is unquestionably the most dramatic and breathtaking ranch in the Colorado Rocky Mountains. Just minutes to Beaver Creek and Vail, yet a pristine world unto itself, this idyllic setting consists of 825 unforgettable acres that overlook sweeping views from the Gore Range to the Flat Tops to Castle Peak. Boasting diverse terrain and vistas, there are grand stands of ancient pines, lush wild flower meadows, waves of aspen fields, and dramatic rock outcroppings. A hunter and fisherman’s paradise this land allows you to literally enjoy nature’s playground unrestricted, with pure freedom. Fish from magnificent trout-filled ponds, hunt on your own private preserve, or trek into contiguous BLM Land that never ends. Conveniently platted into 35-acre parcels, this unequalled ranch land awaits your personal statement. Offered for $30,000,000

Eagle Ranch Estates, Eagle Colorado This ranch affords blissful tranquility amid 35.5 acres and boasts sweeping views of dramatic Colorado vistas and radiant, colorful mesas. Spectacular and rare, this land is located within a gated community alongside the stunning Eagle River that is teeming with Rainbow Trout. With more than 850 feet of river frontage, this magnificent setting is a chance in a lifetime to own. Zoned resource for a single family residence and detached caretakers, this property is primed for the ultimate Colorado ranch and river estate. Offered for $995,000

The Connelly Ranch, Toponas Colorado This is a heavily-treed 38-acre parcel that is surrounded by the Routt National Forest. It is fenced and gladed and it offers an unparalleled private location. Enjoy beautiful vistas and the peaceful sounds of nature as you relax on your wrap-around deck. Located half way between the world-class resorts Steamboat and Vail, this three bedroom log home features upscale finishes, two beautiful streams, and a fully-stocked trout pond. This is your Western paradise. Offered for $799,000

Rainbow Trout Lodge, Wolcott Colorado Perfect for the fishing enthusiast, this home graces 1.83 acres of sumptuous gardens, dramatic red canyon walls, and stunning Eagle River frontage. The main event of this luxurious 4 bedroom, 4,311 square foot residence is the outdoor living: the expansive covered deck overlooks the rushing white water of the Eagle River and features a cozy moss rock fireplace. The sandstone terrace is nestled riverside against green lawns and is highlighted by a rare wood-burning fireplace. The elaborate outdoor lighting system outlines the riverbanks and highlights the trees, creating a breathtaking nighttime oasis.Reduced $2,ooo,ooo and is offered for $2,499,500

For more information on any of these properties, or to view the Vail Valley MLS, please visit www.GatewayLand.com or feel free to call or email me.

Perfectly located in Vail at the base of the Gondola in Lionshead, Lion Square Lodge is Lionshead's only true ski in/ski out condominium real estate property.

Lion Square Lodge sits at the base of Vail Mountain next to the Lionshead Gondola

Like so many other Vail Village and Lionshead properties, the Lion Square Lodge completed an extensive renovation in 2010 that included the interior and exterior of the North Building (including 27 condos) and the addition of a fitness room, hot tub area and 9 new Tower Residences.

Lion Square Lodge's pool and hot tubs sit next to Gore Creek at the base of the Lionshead Gondola

Amenities and services include conference meeting rooms, concierge service, valet service, on site restaurant, exercise room and year round swimming pool and hot tub right on the side of the mountain and Gore Creek. With great rental potential and gorgeous views, if you're looking for a ski in ski out condo in Lionshead, this is the one.

For more information on Lionshead or other Vail Valley real estate call me or click here to email me.

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.

This gorgeous luxury home located at 228 Tall Timber Drive in Bachelor Gulch is now for sale at $7,900,000.? Built in 2002, this 6 bedroom/ 7.5 bathroom, ?8500 square foot residence sits on 1.67 acres of beautiful Rocky Mountain hillside.? Stone and wood combine dramatically to make a wonderful ski retreat in the exclusive on-mountain community of Bachelor Gulch .

Luxury Bachelor Gulch Home For Sale

Luxury Bachelor Gulch Home For Sale

Bachelor Gulch is truly one of the best ski resort communities in the West!? Anchored by?The Ritz-Carlton, Bachleor Gulch, this nieghborhood of high end homes and condominiums have easy ski access, wonderful amenities, huge views and privacy.

Owned by Kelsey Grammer, this home was purchased in 2002 for $5,350,000.
Read the Vail Daily Article!

Email me today to learn why Bachelor Gulch continues to be one of the best ski resort communities anywhere!

Related Bachelor Gulch Articles:
Bachelor Gulch Real Estate Update

Bachelor Gulch Club Offers New Memberships!

Rising from the celebrated Lake Creek Valley, just minutes outside Vail and Beaver Creek, this 12.521 square foot estate graces 4.5 exquisite, private acres. Designed to showcase the dramatic surroundings, this unique masterpiece features ten individual walls of glass that disappear and create a seamlessly integrated indoor/ outdoor oasis. The master suite wing is breathtaking and includes a gorgeous Limestone and Marble spa bathroom, two dramatic fireplaces, a yoga and meditation sanctuary, and two private terraces. No detail has been overlooked, including an elevator, an extraordinary study with commanding views, an exercise room, glass bridges, outdoor dining and BBQ terraces with pizza oven, and a sleek reflection pond. The guest house offers the ultimate escape with 2 bedroom suites, kitchen, living room, and awe-inspiring views. Offered for $17,500,000

Vail real estate holds strong!

After February Lionshead Vail real estate sales hold at 13% of total sales dollars, second to Vail Village at 19%. Eagle County sales are 99% of 2010 transactions and 90% of sales dollars.

Vail Village nailed it in February with 39% of total dollar volume in Eagle County, the highest by far of any neighborhood including Avon with 12% and Bachelor Gulch with 11% of sales dollars.  Year to Date total dollar volume puts Vail Village in the lead with 19% of sales and Lionshead, Beaver Creek and Bachelor Gulch all between 12% and 13%. Lionshead's February real estate market varied with 4 properties sold ranging from $485,000 to $4,050,000, for an average of $1,050,000. This is right in line compared to the valley wide average sale price of $1,011,000 with a total of 82 properties sold, which is right on track with 2010 numbers.

So, what stood out in February Solaris in Vail Village continues to sell at an average price of more than $7 million with 3 sales in 2011 totaling $22 million. Bachelor Gulch had one sale in February selling for $8.9 million (this one sale was a total of 11% of total sales volume in the county).

The Ascent in Avon has also played a large role in February with 17 sales totaling $8.5 million; the Ascent units are averaging $362 a square foot. Lionshead's $4 M sale was at the Ritz, proving that the Ritz and Arrabelle continue to be the largest contributing factor to Lionshead's sale strength.

For more information on Vail Valley real estate call me or click here to email me.

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.

The Vail Valley real estate market has seen lots of recent transactions in Eagle Ranch, and most have been GOOD buys for the buyers!? And there are currently some more excellent buying opportunities in Eagle Ranch.? While many homes on the market are in some stages of foreclosure, short sales, or are bank owned, there are also just some really good buys out there right now.? (and without the hassles of dealing with a short sale)

305 Palmer Loop in Aidan's Meadow

305 Palmer Loop in Aidan's Meadow

Aidan’s Meadow is?a cool?enclave neighborhood located right near the golf course in Eagle Ranch.? It has its own neighborhood park and playground, and the homes have garages accessed by alleys, producing a fun neighborhood feel.? The developer still owns a few of these and has recently reduced the list prices.? 285 Palmer Loop is listed at $479,000 for a 4 bed/4 bath single family home.? Built in 2009, but never sold, it has 2506 square feet plus 888 square feet of unfinished basement.? The original list price was $679,900!(Another developer-owned one with?a similar?floorplan and square footage just?closed on 2/2/11 for $430,000)?? Time to mke an offer!? 305 Palmer Loop is also developer owned and on the market at $499,000 for 2564 SF + 910 SF unfinished.? (This Just In:? 305 Palmer no longer available as it just went under contract; told you it was a GOOD BUY!)

Here are three more single family listings, each of which is listed under $800,000 but had been purchased for more.? And remember, list prices are starting points in this market.
1864 Eagle Ranch Rd.:? Originally sold at $915,000?in Oct 2007.? 5 bedroom/4.5 bathroom home on 0.48 acres.? Approx. 5127 square feet per appraiser.? Listed at $779,000.
40 Abrams Creek Rd.:? Orignially sold at $870,000 in April 2007.? 4 bedroom/3.5 bathrooms on 0.48 acres.? Approx. 4205 square feet per county.? Listed at $780,000.
88 Sawmill Circle😕 Originally sold at $910,000 in June 2006.? 5 bedroom/4.5 bathrooms on 0.59 acres.? Approx. 4874 square feet per county.? Listed at $790,000.

Call or email anytime to learn more about these buying opportunities in Eagle Ranch!

Related Article:
Bank Owned and Distressed Sales in Eagle Ranch

Are you looking for a private squash court here in the Vail Valley?? While there are several options?at various clubs throughout the valley, one stands above the rest for exclusivity and setting: the Minturn Racquet & Trout Club!

The Minturn Racquet & Trout Club

The Minturn Racquet & Trout Club

Set on the Eagle River in Minturn, CO, the Minturn Racquet & Trout Club is a unique club that also?serves as an HOA for the owners of the 14 log cabins and 5 studio residences.? The club itself is housed in a beautiful log structure with a double squash court as the focal point.? The locker room and steam room provide ample space for pre- and post- court activity.? The large members lounge has a huge moss rock fireplace (double sided), pool table, comfortable seating and kitchen area.?

The Eagle River in the Backyard

The Eagle River in the Backyard

The attached outdoor living area has its own fireplace, wood fired pizza oven, gas grill, entertaining area and hot tub!? Members here also have private fishing rights on a gorgeous stretch of the Eagle River.

Minturn RTC Member's Lounge

Minturn RTC Member's Lounge

2 of the single family log homes are currently for sale, as is one of the studio residences:

1874 Cross Creek Lane is a 3 bedroom/3.5 bathroom stunner for those appreciating high end finishes within a rustic log home.? The floor to ceiling windows capture the beauty of southern Minturn, and of the Rocky Mountains.? With great attention to every detail, the owners even have centralized low voltage lighting and an audio/visual system throughout the 3 level cabin.? Offered at $1,250,000.

1876 Cross Creek Lane is 4 bedrooms/ 3.5 bathrooms on 3 levels with the lower level bedrooms walking right out onto the Eagle River.? The upper level has double bunk rooms with a secondary living space and the main level is a dream for entertaining with its gourmet kitchen.? Enjoy the awesome outdoor living from the deck or covered front porch.??Price reduced to?$1,149,000.

1869 Cross Creek Lane is a cozy studio with all the comforts of home.? The well appointed kitchen, bathroom, and large stone fireplace make for a perfect Colorado retreat.? While not large at 512 square feet, its price is a compelling buy for someone looking for beauty and convenience.? Offered at $195,000.

Outdoor Fireplace and Pizza Oven

Outdoor Fireplace and Pizza Oven

Call or email me anytime to learn more about this amazing club and about the excellent real estate opportunities here at the Minturn Racquet & Trout Club.

Other squash court options in Vail:
The Vail Cascade Resort & Spa

The Homestead Court Club

Eagle Ranch is one area of the Vail Valley that is seeing increased real estate activity!? Much of the action can be attributed to the fact that most sales are of distressed properties or bank owned listings.? Timing can be everything, and now is an excellent time for buyers to acquire good homes at great values!

Eagle Ranch

Eagle Ranch

Looking only at single family homes in Eagle Ranch😕 there are currently 42 active listings on the market;? with 16 under contract.? Within the past 6 months, there have been 13 sales.? (This is?a very?active market relative to the rest of the Vail Valley!)?

Some interesting statistics:?
-Of the 13 sales; ?5 of them were bank owned or short sales; and 5 of them sold for less than the sellers paid originally.? (so about 77% of the transactions?can be termed?EXCELLENT buys, at?least w/ regard to pricing?)

-Of the 16 under contract:?9 of them are bank owned or short sales; and 5 are listed for less than the sellers origianlly paid for the homes.?? ( so almost 88% can be termed EXCELLENT buys)

-Of the 42 active listings: 8 are advertised as bank owned or short sales with 7 listed for less than the owner’s original purchase prices.? (so a little more than 33% are priced at significant values)? Many of these listings are still overpriced relative to what the market is doing.? If you want to sell your home, you must be realistic about what buyers are looking for, and right now the determining factor is PRICE!

Sellers’ misfortunes are translating to good deals for buyers.? This is how market cycles work, and while we do feel bad for the sellers, it is good that our Eagle County real estate market is showing resiliency with a strong number of transactions!

Call or email me anytime to discuss the great bank owned opportunities here in Vail; or if you’re a seller and want straight talk on how to sell your home in this challenging market!

Other bank owned opportunities in the Vail Valley:
Bank Owned Minturn Townhome For Sale

Vail Valley Bank Owned Real Estate