Gateway Land & Development

Monthly Archives: February 2015

Vail, CO

Typically February is our snowiest month of the season, and the latter half failed to disappoint. The FIS World cup preceded the Presidents Week activity, and in the last few days we’ve received close to 2 feet of the light fluffy stuff….leading to high employee absenteeism.Vail Powder 1Go-Pro camera extenders have changed the dynamics associated with “selfie”-shots (as above) showing Ken Hoeve in full board ecstasy in the trees and back bowls of Vail.

Tourists are delighted with their timely arrivals post-Presidents’ Week, posting evidence on Facebook and Twitter accounts to their jealous universes back home.

 

 

Spring Back to Vail always rocks. Yes the World pond skimming Championships on the last day (April 19th) are always very high on the list of fun things to do and even more fun to watch. Truly the last three days of official Vail skiing are Epic in every way.

 

Spring Back 2014

Vail puts on some of the best free music and parties of the year. This years music line up will again  be exemplary. Starting April 17 Portugal. The Man, 18th Trampled by Turtles, and closing out the ski season with The Greyboy Allstars  all playing at Solaris . The music will be great, and the after parties will rage well into the night.

spring Back 2015

As the season winds down and the end is near one thing I know for sure;  without doubt or question for it happens every year, the sky will open and cover the land deep in brand new snow the day after closing. Enjoy it to the last flake.

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In the Vail Valley, it is not uncommon for a home to possess commanding views although for one to capture 270 degree is a rare find. But you can discover this exquisite gem in Cordillera Valley Club  at 81 Elk Run Court. Located on a private cul de sac backing up to open space and bordered by the 7th and 8th holes of the Tom Fazio designed private golf course, this exquisite 7,713 sq/ft estate captures sweeping vistas from massive banks of glass.

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Watch the sunrise peak over Game Creek Bowl on Vail Mountain. Enjoy afternoon sun drenching vistas of Beaver Creek Mountain, Arrowhead Mountain and the spectacular Lake Creek Valley and the Sawatch Mountain Range. Then sip your beverage from the expansive stone terrace as you watch the sunset slip away over Bellyache Ridge.

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The dramatic great room showcases a striking stone fireplace and wood ceiling with copper accents and the glamorous master suite boast a fireplace, breakfast bar, and private stone patio with recessed hot tub. Even the recreation room and 5 additional bedroom suites are privy to the extraordinary panorama. Call Suzi Apple for a tour of this stunning residence today!

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The world’s best snowboarders come together in Vail, Colorado to compete in the longest running, premier snowboarding event, the Burton US Snowboarding Championships.  It’s all happening March 2-7, 2015.  The world’s best will be competing at Golden Peak for the title in Halfpipe and Slopestyle.  The top USA riders for this years event include 2015 X Games gold medalists Danny Davis.  Also representing the USA, is Chloe Kim and four-time Olympian Kelly Clark.  The 2015 Burton European Open slopestyle gold medalist Stale Sandbech of Norway and halfpipe Olympic silver medalist Ayumu Hirano of Japan will be competing.

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There will be plenty of free concerts for everyone to enjoy at the Solaris. The first concert is Andy Thorn & Friends with Larry Keel – Pickin at the US Open Kickoff Party which is set for Wednesday, March 4.  Edward Sharpe and the Magnetic Zeros preform on Friday, March 6 and Saturday, March 7 Girl Talk will take stage followed by the legendary US Open Closing Party at Dobson Ice Arena with DJ Maseo & Ali Shaheed Muhammand and Grandtheft.  Come out and experience all the riding events, free concerts and the village scene as the snowboarding world descends on Vail to crown the new champions.  For more information, please visit:  www.Burton.com/USO

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Vail, CO.

It really has been seven years since the world’s economy fell off a cliff, taking the Vail Valley real estate market with it. After that many years looking for a market bottom, followed by a slow recovery, the local real estate business in 2014 had it’s best year since 2007.

The value of sales in 2014 came within a hair’s breadth of $1.78 billion-the largest total near $2B since 2007. This 2014 figure bested 2013 by a full 25%…matching the transactions (1802), but besting the prices per transaction.

Sales of expensive homes picked up also in 2014, with 24 more sales of homes priced at $3 million than in 2013, signaling both a rise in consumer confidence, and lower interest rates. Prices are going up, all realtor sources say, however, and both short and foreclosure sales are down dramatically. A dearth of inventory in certain sections of the market has prevented even further upward activity.

The Denver real estate market remains buoyant by all accounts, and Front Range buyers account for nearly a third of sales in the Valley to date.

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Vail, CO

Vail Resorts’ Arrabelle Club adds new members who are both property owners inside the Arrabelle, or own other homes in Vail. Among the services offered are storage, parking, health club and pre/apres ski lounges and relax-zones.

One of the most popular services available to members is the First Tracks ski mornings. Guides take applicants at 7:30am up skiing prior to the public access, and enjoy groomed terrain with a big breakfast included.

Memberships range from mid $100Ks to mid $300Ks and are often negotiated inside real estate contracts like property assets.

For more information, contact Pat Mitchell at 970 393-3292.

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Bravo! Vail, in it’s 28th season, announced the season is set for July 1 – August 6, 2015.  Bravo! Vail is the annual summer classical music festival hosting 3 of the world’s finest orchestras in a single season.  Concerts take place in Vail’s spectacular Gerald R. Ford Amphitheater which accommodates guests in either reserved seating under a covered pavilion or on the grassy hillside.  The Dallas Symphony Orchestra opens the season on July 1st, followed by The Philadelphia Orchestra on July 10th, and the New York Philharmonic on July 24th. The Chamber Music Series opens on July 7th.  During the season, Bravo! Vail will offer 17 free concerts and several community engagement events for people of all ages throughout the Vail Valley.  Pack a picnic and listen to the sounds of classical music under the starry skies of Colorado while taking in the breathtaking views of the Gore Range. Bravo

Orchestral concerts start at $28 for lawn seats and the reserved seats start at $39, $69, $84, and $99.  The Subscriptions are on sale starting today at bravovail.org or by calling the box office at (877) 812-5700.  Single tickets go on sale April 13.  If you enjoy classical music, don’t wait to buy your tickets.  These concerts sell out quickly. For more information on what’s happening in Vail, please visit our website at:  www.gatewaytovail.com

The World Championships in Vail and Beaver Creek Colorado have come to a close.  The last couple weeks have been exciting and it’s been a refreshing change of pace in our little slice of Mountain Paradise.

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Here are a couple images Solaris with nearly 8,000- 10,000 people gathering to watch athletes such as Mikeala Shiffrin, Lindsey Vonn and Ted Ligety accept their medals.  Concerts with the likes of Ceelo Green and KC and the Sunshine Band graced the stage in front of Solaris for nightly free concerts.

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But today has a very different feel but it is still a nice slice of mountain paradise I call home.

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Now I am able to get my buyers into real estate for sale located in Vail Village Core.  If you have any interest feel free to email, text or call me at your convenience. Robert Schilling 970 390-0705, RobFromVail@Gmail.com

 

 

Vail/Beaver Creek, CO.

Sunday the 15th February marked the official closing of the 2105 FIS Alpine World Championships in Vail and Beaver Creek, Colorado. Two weeks of stunning races, downhill, GS and slalom, both men’s and women’s events, completed with spectacular coverage from NBC on-course and aerial videography.

Entertainment was equally as impressive at night at Solaris Square in Vail, including KC and the Sunshine Band, Philip Phillips, and Ce-Lo, amongst others. The awards ceremonies were conducted at the same venue pre-music, attended by tourists, team members and locals alike.

Both towns deserved the attention and exposure NBC provided, and the International Ski Federation sang praise at a level resembling Olympic venues.

Of the prominent US racers, all received awards commensurate with evident preparation. Lindsey Vonn, Ted Ligety, Mikaela Shiffrin medaled, and Bode Miller bowed out with a serious injury incurred during the downhill. Locals should be proud of their stalwart heroes.

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This week, Land Title Guarantee Company released its year-end Market Analysis for Eagle County (which includes Vail and Beaver Creek), and the results are as exciting as the FIS Alpine Ski Championships now underway.

Some of the highlights:

  • The average sales price of residential properties increased 16% year-over-year.
  • The average sales price of single family homes increased 27.39% year-over-year.
  • Total volume in sales increased 27% year-over-year, while the total number of transactions increased by only 2%, indicating that the luxury market is back.
  • The highest priced residential sale occurred in Vail Village:  328 Mill Creek Circle sold for $18,500,000, or $3,818 per square foot.
  • The average price per square foot for single family homes in Vail Village is $2,101.
  • The average price pressure foot for a multi-family home in Lionshead rose 37%, to $2,271 per square foot.
  • 137.64% of Eagle County’s Gross Transactions were in new construction.

The luxury market has come roaring back.   In the luxury market (defined as sales over $5 million), Gateway Land and Development Real Estate is on the leader board.  Gateway participated in nearly $75 million in sales in the luxury category, representing $4.2 million per broker.  (Compare this to our biggest competitor, Slifer, who saw $1.8 million per broker in the luxury segment).

Please contact me if you would like the full market analysis covering every neighborhood in Eagle County, or any property-specific information.