Steamboat Condos and Townhomes that Sold in June, 2010
July 30, 2010
There were 34 Steamboat condo and townhome sales in June, 2010 with an average list price-to-sold-price of 91%. It’s interesting that most sales closed within 10% of the asking price, because there are a lot of offers being written at 20, 25, and even 30% off asking price. The reality is that most Steamboat condos that are getting looked at are well-priced, and the closer a property gets to market value, the more likely it will sell around the asking price.
Here are the Steamboat Springs condo and townhome sales for June, 2010. If you are coming to Steamboat and would like to schedule a time to look at the better-priced properties, please call 970-819-6372.
| Steamboat Springs Condo and Townhome Sales in June, 2010 |
| Steamboat Condo/Townhome Development | ADDRESS | List Price | Sold Price
|
| Rockies Condo | 1945 Cornice Road | $149,000 | $137,500 |
| Sierra View Condos | 127 Oak Ridge Circle (Unit 103) | $149,900 | $145,000 |
| Glen Eden | TBD Fishhook, Glen Eden Townhouse | $165,500 | $150,000 |
| Wildhorse Meadows – First Tracks | 2545 Cattle Kate Cir. | $159,000 | $157,000 |
| Whistler Village Thm | 12 Cypress Court | $178,500 | $157,000 |
| Fish Falls Cond | 465 Tamarack Dr. | $199,000 | $180,000 |
| Ski Ranch Mt Werner | 2470 Apres Ski Way | $199,900 | $195,000 |
| Whistler Village Thm | 7 Balsam Court | $210,000 | $203,000 |
| Meadowlark Condo | 3020 Village Drive Unit 311 | $225,000 | $205,000 |
| Rockies Condo | 1945 Cornice Rd. #2304 | $219,000 | $217,000 |
| Lodge @ Steamboat Condo | 2700 Village Dr., #A-202 | $325,000 | $285,000 |
| Sunray Meadows Condos | 3325-2 Columbine Drive | $314,900 | $300,000 |
| Villas @ Walton | 1457 Morgan Court | $335,000 | $306,000 |
| Trollhaugen Condo | 2080 Trollhaugen Ct | $329,000 | $310,000 |
| Wildhorse Meadows – First Tracks | 2545 Cattle Kate Cir. | $365,000 | $321,500 |
| Other | 377 Little Moon Trail | $299,500 | $325,000 |
| Mustang Run Condos | 1515 Mustang Run | $349,900 | $325,000 |
| Mountain Vista Townhome | 642 Mountain Vista Circle | $335,000 | $331,000 |
| Ranch Steamboat Springs Condo | 1675 Ranch Rd #405 | $369,000 | $337,500 |
| Lodge @ Steamboat Condo | 2700 Village Drive — A303 | $365,000 | $340,000 |
| Villas @ Walton | 1413 Morgan Court | $399,000 | $372,500 |
| Trappeurs Crossing Condos | 1750 Medicine Springs Dr. | $449,000 | $405,000 |
| Ranch Steamboat Springs Condo | 1765 Ranch Road | $550,000 | $460,000 |
| Lodge @ Steamboat Condo | The Lodge B104 | $529,000 | $505,000 |
| Cornerstone | 1603 Moraine Circle | $599,000 | $569,000 |
| Rocky Peak Village | 207 Willett Heights Trail | $695,000 | $655,000 |
| Ski Ranches Subdivision | 3015 Apres Ski Way | $795,000 | $795,000 |
| The Highmark at Steamboat Springs | 2525 Village Drive | $828,000 | $814,000 |
| Mountaineer | 2908 Mountaineer Cir. | $995,000 | $900,000 |
| Trappeurs Crossing Condos | 1800 Medicine Springs Drive | $1,075,000 | $949,000 |
| Torian-Creekside | Unit 716 Creekside at Torian Plum | $1,195,000 | $950,000 |
| Trappeurs Crossing Condos | 1800 Medicine Springs Drive | $1,195,000 | $1,050,000 |
| Olympian Subdivision | 35 5th St., Unit 301 | $1,227,200 | $1,138,500 |
| North Meadows Subdivision | 1843 Montview Lane | $1,495,000 | $1,375,000 |
Steamboat Bank Owned Townhome Reduced
July 14, 2010
This Steamboat Springs Bank Owned 4BR Cascades Townhome is now priced at the practically give-away price of $414,900. This is hundreds of thousands of dollars less than the other townhomes for sale at the Cascades. (See all the Cascades townhomes for sale here.)
Three levels of living–2 bedrooms on upper level, 2 bedrooms on lower level, and an open living area/larger deck on main level.
There is a two car attached garage, tons of storage, and all appliances including the washer and dryer. The Cascades are the lowest density townhome development in Steamboat, so they live and feel like a single family home without all the upkeep.
At $194/sq ft, this is THE lowest priced Steamboat townhome–for a really nice walk-to-ski development. This is not entry level living, it’s just priced that way!
Call 970-819-6372 for more info.
1502 Cascades #2, Steamboat Springs, CO 80487
MLS No. 128752
Listing Description
BANK OWNED, INCREDIBLE VALUE! This 4BR/3BA Cascades Townhome is a short walk to the Steamboat Ski Area, and for $199/sq ft, you can’t find a townhome of this quality for less $$. With an open floorplan, large deck, all appliances, washer and dryer, 2 car garage, winter shuttle service, high-speed internet, and two outdoor hot tubs, these townhomes are perfect for year-round living or as a spacious second home. Located in the desirable Eagle Ridge area. Priced hundreds of thousands of dollars less than assessed value.
Property Features Read more
Steamboat Springs Townhomes that Sold or went Under Contract in June
July 7, 2010
|
Steamboat Townhome Development |
ADDRESS |
List Price |
Sold Price |
|
Whistler Village Thm |
12 Cypress Court |
$178,500 |
$157,000 |
|
Whistler Village Thm |
7 Balsam Court |
$210,000 |
$203,000 |
|
Other |
377 Little Moon Trail |
$299,500 |
$325,000 |
|
Mountain Vista Townhome |
642 Mountain Vista Circle |
$335,000 |
$331,000 |
|
Cornerstone |
1603 Moraine Circle |
$599,000 |
$569,000 |
|
Rocky Peak Village |
207 Willett Heights Trail |
$695,000 |
$655,000 |
|
Ski Ranches Subdivision |
3015 Apres Ski Way |
$795,000 |
$795,000 |
|
2908 Mountaineer Cir. |
$995,000 |
$900,000 |
|
|
North Meadows Subdivision |
1843 Montview Lane |
$1,495,000 |
$1,375,000 |
|
|
Total Listings |
Avg |
Avg |
|
|
9 |
$622,444 |
$590,000 |
|
Steamboat Springs Townhomes that went Under Contract in June, 2010 |
|
Develop |
ADDRESS |
LP |
$/Tot Sq Ft |
|
Brooklyn Subdivision |
343 Pearl |
$239,000 |
$429.86 |
|
Ski Ranches Subdivision |
2580 Apres Ski Way |
$464,500 |
$273.56 |
|
1255 Eagle Glen Drive |
$1,550,000 |
$398.46 |
|
|
2542 Ski Trail Lane The Ledges Unit B |
$2,900,000 |
$554.49 |
|
|
|
Total Listings |
Avg |
Avg |
|
|
4 |
$1,288,375 |
$414 |
Steamboat Condos that Sold or went Under Contract in June
July 7, 2010
|
Steamboat Springs Condos that Sold in June, 2010 |
|
Develop |
ADDRESS |
List Price |
Sold Price |
$/Tot Sq Ft |
|
Rockies Condo |
1945 Cornice Road |
$149,000 |
$137,500 |
$294.43 |
|
Fish Falls Cond |
465 Tamarack Dr. |
$199,000 |
$180,000 |
$261.63 |
|
Meadowlark Condo |
3020 Village Drive Unit 311 |
$225,000 |
$205,000 |
$222.83 |
|
2700 Village Dr., #A-202 |
$325,000 |
$285,000 |
$273.78 |
|
|
1457 Morgan Court |
$335,000 |
$306,000 |
$264.94 |
|
|
Trollhaugen Condo |
2080 Trollhaugen Ct |
$329,000 |
$310,000 |
$235.56 |
|
Wildhorse Meadows – First Tracks |
2545 Cattle Kate Cir. |
$365,000 |
$321,500 |
$271.54 |
|
1675 Ranch Rd #405 |
$369,000 |
$337,500 |
$252.43 |
|
|
2700 Village Drive — A303 |
$365,000 |
$340,000 |
$326.61 |
|
|
1750 Medicine Springs Dr. |
$449,000 |
$405,000 |
$397.45 |
|
|
The Highmark at Steamboat Springs |
2525 Village Drive |
$828,000 |
$814,000 |
$410.08 |
|
Unit 716 Creekside at Torian Plum |
$1,195,000 |
$950,000 |
$574.02 |
|
|
1800 Medicine Springs Drive |
$1,195,000 |
$1,050,000 |
$492.73 |
|
|
|
Total Listings |
Avg |
Avg |
Avg |
|
|
13 |
$486,769 |
$433,961 |
$329 |
|
Steamboat Springs Condos that went Under Contract in June, 2010 |
|
Develop |
ADDRESS |
List Price |
|
Ski Ranch Mt Werner |
2470 Apres Ski Way |
$199,900 |
|
Rockies Condo |
1945 Cornice Rd. #2304 |
$219,000 |
|
Villas @ Walton |
1404 Morgan Court |
$280,000 |
|
Wildhorse Meadows – First Tracks |
2545 Cattle Kate Cir. |
$340,000 |
|
Mustang Run Condos |
1515 Mustang Run |
$349,900 |
|
Wildhorse Meadows – First Tracks |
2545 Cattle Kate Cir. |
$385,000 |
|
Ranch Steamboat Springs Condo |
1765 Ranch Road |
$550,000 |
|
Kutuk Condo |
2000 Ski Time Square Drive |
$750,000 |
|
Olympian Subdivision |
35 5th St., Unit 203 |
$1,014,400 |
|
|
Total Listings |
Avg |
|
|
9 |
$454,244 |
Buying a Steamboat Condo: Know your CC&Rs
July 6, 2010
Buying a Steamboat condo means becoming a member of a home owners association with unique rules and requirements.
Once you find the Steamboat condo you want, make sure you carefully review all the documents. (As always, it’s always a good idea to have your attorney review these.) The Colorado Contract to Buy/Sell Real Estate gives Steamboat condominium buyers the right to examine all the documents before purchasing. In fact, Steamboat condo buyers can get out of the purchase contract and have their Earnest Money returned if the HOA documents are not agreeable to the buyer.
Here are some questions Steamboat condo and townhome buyers want to be aware of:
For new construction like One Steamboat Place, Edgemont, Howelson Place, The Olympian, The Victoria and Trailhead Lodge:
• How many condos does the developer own, and how many have sold?
• Does the developer still in control the HOA?
• At what point does the developer turn over the management of the HOA to the homeowners?
• What is the timeline for amenities like pools? Is the developer required to put them in, or can they wait…indefinitely?
For all condos in Steamboat Springs (and other resort areas), especially if you are financing:
• Is this condominium complex considered a condotel by lenders?
• Are any condos in the development sold as fractional ownership?
• What about parking? Is there a deeded space, or is parking space available?
• Who does the rental management, and do they also run the HOA? Are they on-site or off?
• Can you rent the condo nightly? Long-term?
• What is the pet policy?
• Are any of the units bank owned or delinquent in their HOA fees?
Owning a Steamboat Springs condo or townhome is one of the easiest ways to enjoy living full- or part-time in Steamboat. To avoid any surprises, carefully read the CC&Rs before purchase.
Search all Steamboat properties for sale here.
And for help choosing which Steamboat Springs Condominium or Townhome best suits your lifestyle, please contact us.
Steamboat in Springtime Photos
July 6, 2010








