Steamboat Condo Foreclosures for Sale
March 23, 2011
There are a lot fewer Steamboat condo foreclosures for sale than buyers think. The Steamboat foreclosure getting the most press is One Steamboat Place. It’s too early to tell what will happen with prices for the fractional and whole ownership residences once the debt issues are resolved, although almost everyone thinks the project will ultimately be a success.
Other than One Steamboat Place, there are very few condo foreclosures in the ski mountain area of Steamboat Springs. Most of the condo foreclosures have been entry level condos under $250,000 in developments such as Shadow Run, The Rockies, Walton Village Townhomes, and Quail Run. In fact, only 16 bank-owned condos have sold since January 1, 2010–fifteen months ago. All of those were under $250,000 except for four of them–a Dulany and three Highmark condos.
As of today, there are only 11 bank-owned Steamboat condos for sale. And all but one of the condos are priced less than $220,000. The other one is–no surprise here–a Highmark.
See all the Steamboat condo foreclosures for sale here or call us at 970-819-6372 for a list of great condo buys that aren’t bank owned.
February Steamboat Condo Sales
March 22, 2011
There were 15 condo and townhome sales in Steamboat in February, although the reason I’m finally getting around to posting February sales on March 21 is because March is crazy busy. If you notice, 5 of the 15 sales were bank-owned. Most of them were entry-level condos and townhomes. One of them was at The Highmark, one of the few upscale places near the mountain we’re seeing bank-owned places come on the market.
Call us at 970-819-6372 if you would like details about these condo sales or if you are thinking of buying.
| Development | Address | Legal Description | BR | Asking Price | Sold Price | Fin. Sq Ft | Bank Owned? |
| Meadowlark Condo | 3020 Village Dr Unit 132 Bldg 100 | Unit 132 Bldg 100 Meadowlark Condo | Two Plus | $189,000 | $171,000 | 1235 | No |
| Mustang Run Condos | 1550 Mustang Run | Unit 3 C Mustang Run Condominiums Phase I | Two | $380,000 | $330,000 | 1249 | No |
| Rockies Condo | 1945 Cornice Road | Unit 109, Building C Rockies Condo | Two | $145,000 | $105,000 | 1016 | Yes |
| Scandinavian Lodge | 2883 Burgess Creek Rd | Unit G-2 Scandinavian Lodge Studio Chalet Amended | One | $162,000 | $162,000 | 477 | Yes |
| The Highmark at Steamboat Springs | 2525 Village Dr.unit 4c | UNIT 4C, THE HIGHMARK CONDOS, 1965SF | Three | $738,900 | $698,000 | 1965 | Yes |
| Timber Run Cond | 2025 Walton Creek Road | UNIT 413 BLDG 400 TIMBER RUN CONDO | Two | $215,000 | $196,500 | 930 | No |
| Trappeurs Crossing Condos | 1750 Medicine Springs Drive | unit 6118 Bear Lodge at Trappeur’s Crossing | One | $230,000 | $230,000 | 706 | No |
| Trappeurs Crossing Condos | 1875 Medicine Springs Drive, Unit 4305 | Unit 4305, Aspen Lodge at Trappers Crossing Resort Condos | Three | $699,000 | $650,000 | 1515 | No |
| Villas @ Walton | 1407 Morgan Ct | Unit 606 Bldg 6 The Villas at Walton Creek Condominiums | Two | $335,000 | $292,000 | 1087 | No |
| Walton Creek Condo | 1375 Walton Creek Road | Unit 2 Building B, Walton Creek Condo | Two | $159,000 | $154,000 | 1020 | Yes |
| Walton Village Condo | 1340 Athens Plaza, Unit 14 | UNIT 14 BLDG GAMMA WALTON VILLAGE Condo | One | $83,000 | $82,500 | 565 | Yes |
| BlackHawk TH F1 | 2817 Black Hawk Court | Lot 5, Blackhawk Townhomes F2 | Four | $785,000 | $680,000 | 2545 | No |
| Longview | 608 Parkview | Unit 63 Longview Park F2 | Three | $429,000 | $405,000 | 1780 | No |
| Mountaineer | 3012 Mountaineer Circle | Unit 13B Mountaineer at Steamboat, Phase 2 | Four | $899,000 | $850,000 | 2942 | No |
| Woodbridge Thm | 1558 Woodbridge Ct. | Lot 108 Woodbridge Townhomes, Phase 1A | Three | $259,000 | $245,000 | 1316 | No |