Steamboat Condo Foreclosures for Sale

March 23, 2011

One Steamboat Place

One Steamboat Place

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

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