Gateway Land & Development

Monthly Archives: February 2012

Few family-oriented resorts combine the charm, breadth of activities and beauty quite like Beaver Creek resort. Now you can live all the spectacular resort has to offer everyday at the extremely competitively-priced single family home at 133 S. Fairway in Beaver Creek. 

Conveniently located just minutes to all all the amenities, entertainment and skiing in the Five Star resort, this 7,289sqft home is the ultimate ski escape. Boasting a wooded, private lot, the home overlooks the 3rd fairway of the Tom Fazio designed Beaver Creek golf course. As you enter through the exquisite iron door, look through the banks of glass that frame the massive blue spruce and hills beyond. Recently remodeled, this 6 bedroom, 7.5 bath home showcases a stunning kitchen with cozy nook. The main level features a warm great room with a stone wood-burning fireplace. An adjacent entertainment room includes a large, sit-down bar, billiards and poker room. The generous 6 bedroom suites are situated privately throughout the home. An additional recreation room and private caretaker's unit are located on the walk-out lower level. Multiple large decks create amazing outdoor enjoyment. Priced to sell, this home is offered for $3,475,000 at an incredible $477/sqft, one of the lowest in Beaver Creek. 

Come see this wonderful home today at 133 S Fairway Drive! Open 1:30-4:30!

602 Bachelor Ridge Road in Bachelor Gulch is truly one of the nicest properties I have seen in this awesome on-mountain community.  Tucked away privately on a large lot right off of the ski slopes, this wonderful single family home has big views to the Gore Range yet is close to the Ritz-Carlton, Bachelor Gulch and all of its amenities.

602 Bachelor Ridge Rd.

Built in 2005 and origianlly selling for $14,200,000 in 2007, it set the high mark for Bachelor Gulch and you can see why when you spend time in this amazing home.  Large and open, yet with many intimate spaces, this meticulously designed home flows well for relaxing or entertaining.  Gorgeously furnished and finished with the best of best, this 7 bedroom 9900 SF luxury residence is currently offered at $14,600,000.

Large stone patios , including a covered one for when the weather shows up, wonderful landscaping, and a hot tub make outside living a joy.  Colorado at its finest!  And it's ski-in ski-out location could not be better for accessing Bachelor Gulch, Beaver Creek and Arrowhead!

Call me today to learn more about 602 Bachelor Ridge Road.

Related Article:  Bachelor Gulch Real Estate Update

Winter has finally arrived in FORCE!!  Vail Mountain received 12" of fresh snow last night!!  And that's after receiving 11" of powder the night before.  So for all of you math whizzes out there that's almost 2 FEET in the past 48 hours.

 Skier on Vail Mountain- photo shot yesterday by Jack Affleck

Vail Pass has been closed in both directions since this morning so for those lucky enough to be here in the Vail Valley, the slopes shouldn't be too crowded!  There's nothing quite like Vail on a powder day, especially one without many skiers or snowboarders out there.

Vail Resorts announced yesterday that they are acquiring Kirkwood Resort in Lake Tahoe, CA for approximately $18 million.  Epic Pass holders now have another awesome option for where to make their turns!  Check out the Vail Daily's article about the purchase.

Feel free to call or email me anytime to learn what to do in Vail, CO!

Vail Resorts purchased Lake Tahoe's Kirkwood Mountain Resort as well as undeveloped land zoned for residential and commercial use  for $18 million today. The purchase completes Vail's ownership of three mountain ski resorts in the Lake Tahoe region which include Heavenly Mountain and Northstar California. The deal is scheduled for completion next month and will be Vail Resorts' seventh resort. 

Heavenly and Northstar pass holders now have access to Kirkwood and vice versa, expanding the value of the pass tremendously. Chairman and CEO of Vail Resorts Rob Katz said, “When combined with Heavenly and Northstar, we will be able to offer our guests and pass holders unparalleled value with the very best that Lake Tahoe has to offer.” This comes as great news for Epic Pass and Epic Local Pass holders as well because as of today, these pass holders have unrestricted use of Kirkwood Mountain. 

To read the official press release, click HERE.

 

 

Vail's Carnivail, the largest annual Mardi Gras celebration at 8,150 feet above sea level, is scheduled for Sunday, February 19th and Tuesday, February 21st. 

The world's largest low-country crawfish boil is being held on Sunday, February 19th at the Eagle's Nest Deck on Vail Mountain from 12-2:30 with live music from The Laughing Bones.

The Fat Tuesday Parade and Bud Light Street Party in Vail Village is on Tuesday, February 21st. The venue opens at 3:00 with the parade starting 4:00 pm followed by a free concert with Frogs Gone Fishin.  Come out and join the fun!

Vail Mountain reported 4" of new snow overnight, 8" in the past 48 hours, and 2 FEET of snow over the past week!  The skiing conditions are vastly improved from the dry spell earlier this season.  All lifts are operating and 98% of the runs are open.  The weather service is predicting chances of snow periodically over the next 10 days.  Winter is here and we're loving it!

Beaver Creek is reporting 3" of new snow, 6" in the past 48 hours and 18" of snow over the past week.  All lifts are running with 97% of the runs open.

Skiers and snowboarders are enjoying Colorado blue skies and fresh snow.  After waiting for the weather to cooperate, it appears our usual patterns are back and snowfall is in the forecast.  And just in time for the Presidents' Week Holiday.

Get out there and enjoy the Vail Valley and all it has to offer!!  Call or email me anytime with questions about this beautiful place we call home.

Related Article:  Great Home in Heritage Park for Sale!

Many homebuyers today are looking for environmentally friendly homes. Built Green Colorado is a state certification that requires homes to be designed and constructed based on a checklist of more than 200 features in 22 categories, including energy efficiency, materials, health and safety and resource conservation.

 
 
80 Heritage Park Place

80 Heritage Park Place

80 Heritage Park Place, for sale and located in Heritage Park in Homestead CO, is a certified BuiltGreen home. Builder and developer Jim Guida helped develop this community, and he makes energy efficent homes with responsible building practices a reality. Read a Vail Daily article about Heritage Park, Jim Guida, and its Built Green legacy by clicking here!

Currently the only home for sale in the wonderful Heritage Park community: 80 Heritage Park Place is listed at $1,297,000 $1,195,000!  While BuiltGreen Colorado is restructuring due the challenging economy, rest assured these homes were built with expert environmental craftsmanship and certifications.

80 Heritage Park Place's Backyard
80 Heritage Park Place's Backyard

With green building practices becoming important for many buyers; check out Heritage Park today!

80 Heritage Park Place For Sale in Edwards, CO

Heritage Park, a great community within Homestead in Edwards, Colorado has HUGE views in all directions. And 80 Heritage Park Place captures them all as well!  80 Heritage Park Place is a wonderful 6 bedroom/5.5 bathroom BuiltGreen single family home, listed for sale at $1,495,000 $1,297,000. $1,195,000 !

The view south to the Sawatch Range and NY Mountain are truly breathtaking! Enjoy this view from your upstairs sitting area and from your backyard patio.

View South to Sawatch Range & NY Mountain

View South to Sawatch Range & NY Mountain

The view to the west captures Castle Peak and Bellyache Ridge. Enjoy Rocky Mountain sunsets from your front yard patio and the private neighborhood pocket park.

View West to Castle Peak

View West to Castle Peak

The view to the north captures the ridgeline above Edwards (including locally named Tea Kettle Glade)!

View North to Tea Kettle Glade

View North to Tea Kettle Glade

Come see what living in Edwards, Colroado is all about: great outdoor living, comfortable open floorplans, spacious bedrooms, high end finishes, lots of storage for all of your (or your kids') toys, access to the Homestead Court Club, and close proximity to all of Edwards' amenities!

Call or email Doug today to learn more about this great neighborhood with HUGE Colorado views. (970) 926-6777 or dougs@gatewayland.com

Related Articles: New Single Family Home For Sale in Homestead, CO

What To Do In Edwards, CO!

I am an avid follower of Robert Genetski of Classical Principles.com and he is finally seeing some signs of economic recovery for the U.S. His February newsletter  he says the Federal Reserve increased bank reserves by 23% and for the past six months the increase was up to 35%. This is compared to a 5% annual increase in 2009 and 2010. He also mentions that when reserves move up the first indication is in the form of rising stock prices. The good news for us is that usually follows improvement in other indicators such as in the housing sector. Tracking liquidity this year should indicate future financial developments and hopefully will be an indicator of an increased spending pace this year from 4% to 6%. The increase in reserves appears to be impacting bank loans and December bank loans actually increased at an annual pace of 12%.

Stock prices and housing inventory are considered sensitive indicators and in December existing housing inventory fell to the lowest level since the recession began. In Denver, Buyers closed on 2,470 residential properties, which was a 14.6% increase over January, 2010. The number of homes for sale in Denver declined 5% from December and 41% from a year ago – another strong sign of recovery in Colorado.

Genetski is forecasting a 6% increase in current dollar spending for the coming year, which is a strong indicator for the economy in general and a stronger sign of a housing recovery. This also points to a rise in the GDP which also fuels inflation. He suggests that we could see a 2% rise in that indicator as well. With the Federal Reserve showing its intent to keep interest low until Fall of 2014, the chance of long term rates going up are minimal. All of these economic trends bode welll for the housing market, and I am looking to the summer of this year to be a strong rise in sales for the Vail Valley. 

Call me at 970-376-3230 for more encouraging signs for our market, Judd Babcock

Wonderful, single family home listed in Cordillera Valley Club. 3 Sanctuary Lane is an impeccably maintained, 5 bedroom, 5.5 bath 5,244sqft home.

Incredibly livable, open floorplan with a main level master.

Home highlights include a massive, floor-to-ceiling moss rock fireplace and large, wraparound deck with 180-degree views. Downstairs entertainment center with pool table, full wet bar and hot tub makes this home perfect for hosting guests. Walk to the golf course, pool, tennis courts and 9 Iron restaurant.

For more information on this home or homes in the Vail Valley, please contact me.