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Bachelor Gulch Ritz-Carlton Residences

Bachelor Gulch Real Estate Update 11/1/11

Bachelor Gulch real estate continues its strong 2011! Year to date (through October 31, 2011) there have been 21 residential transactions totalling over $82 million! And there are currently 3 beautiful properties under contract, including a single family residence listed at $11,950,000.

For comparison, 2010 saw 16 residential transactions totalling about $46 million.

Of the 21 whole ownership sales, 10 were condominiums, 3 were townhomes, 1 a duplex, and 7 were single family residences. The most expensive was a 7 bedroom masterpiece at 3380 Daybreak Ridge for $10,950,000 while the least expensive was Bear Paw Unit #B-304 for $1,360,000.

Relative prices ranged from $623/SF for a Bear Paw unit to $1161/SF for a Ritz Residential Suite. The median relative price was $778/SF with the average relative price at $807/SF. In general, the premium single family homes, even with their larger size, had higher relative prices.

All owners in Bachelor Gulch have the option of joining the Bachelor Gulch Club, with private on-mountain dining at Zach’s Cabin and a cozy member’s lounge inside the Ritz-Carlton, Bachelor Gulch.

Call me for details and for membership options as well for specifics on the Bachelor Gulch real estate market!