Steamboat Condo Sales in Jan 2012
February 4, 2012
Steamboat condos
There were 19 Steamboat Springs condominium and townhome sales in January with an average sold price of $196,981. It’s hard to believe that buyers couldn’t find a Steamboat condo to buy for under $300,000 at the peak of the market, and five years later, more than 50% of sales are for less than $150,000.
REO/Bank owned condos accounted for 36% of sales, mainly in the entry level market like Shadow Run, Meadowlark, Walton Village and Stagecoach Townhomes.
Positive trends we’re seeing include Steamboat developments finally selling out of the developer owned units. The Highmark at Steamboat closed on the last available developer condo this month, and First Tracks at Wildhorse has only 1 more 2 BR available before resales will be the only way to buy a condo at First Tracks.
Edgemont has only 13 luxury ski in, ski out condos left of the 39 original residences, so buyers are looking in all price ranges for new developments with value pricing. Here is a list of the sold condos: Read more
Edgemont Pool
January 27, 2012
With Edgemont’s ski-in, ski-out location, you can click out of your skis and be soaking in the luxurious saline pools in moments. Of the 39 residences originally available at Edgemont, only 13 remain for sale. So call us at 970-819-6372 to schedule a tour…..and bring your swimsuit!
Prices now start at $895,000 for two bedroom residences and $1,295,000 for 3br residences.
Edgemont Pool View of Flattops
First Tracks at Wildhorse–One Condo Left
January 27, 2012
One 1 two bedroom condo at First Tracks at Wildhorse remains for sale. This project has sold out over the last two years because buyers were attracted to the new units with rock-bottom pricing.
Interested in purchasing the last condo at First Tracks? Call us at 970-819-6372.
Steamboat Condo Sales in December 2011
January 13, 2012
See all the Steamboat Springs condo sales below. And if you are coming to Steamboat and want to schedule a time to look at available properties, please contact us.
| Steamboat Condo Development | Address | # Bedrooms | Asking Price | Sold Price | % Buyers Paid of Asking Price |
|---|---|---|---|---|---|
| The Victoria | 941 Lincoln Ave, Unit 7 | Two Plus | $645,150 | $541,926 | 84% |
| Fox Creek Subdivision | 1169 Hilltop Pkwy #304 | Studio | $114,900 | $109,000 | 95% |
| Edgemont Condominium | 2410 Ski Trail Lane #2803 | Five | $3,450,000 | $2,825,000 | 82% |
| Lodge @ Steamboat Condo | 2700 Village Drive #A301 | Two | $298,000 | $276,500 | 93% |
| Ranch Steamboat Springs Condo | 1700 Ranch Rd. #219 | Two | $285,000 | $250,000 | 88% |
| Rockies Condo | 1945 Cornice Rd. #2426 | One | $98,000 | $94,500 | 96% |
| Shadow Run Condos | 1555 Shadow Run Ct. | Two | $99,500 | $95,000 | 95% |
| Storm Watch @ Steamboat Condos | 1800 Burgess Creek Road | One | $179,000 | $152,000 | 85% |
| The Highmark at Steamboat Springs | 2525 Village Drive, Unit 6B | Four | $1,095,000 | $1,090,000 | 100% |
| Walton Village Condo | 1395 Sparta Plaza | One | $99,900 | $65,000 | 65% |
| Wildhorse Meadows - First Tracks | 2545 Cattle Kate Circle, Unit 3102 | One | $169,000 | $169,000 | 100% |
| Wildhorse Meadows - First Tracks | 2545 Cattle Kate Circle, Unit 3106 | Two | $229,000 | $229,000 | 100% |
| Wildhorse Meadows - First Tracks | 2545 Cattle Kate Circle, Unit 3304 | Two | $249,000 | $249,000 | 100% |
| Wildhorse Meadows - Trailhead Lodge | 1175 Bangtail Way, Unit 2102 | Three | $715,000 | $715,000 | 100% |
| Wildhorse Meadows - Trailhead Lodge | 1175 Bangtail Way, Unit 3102 | Three | $725,000 | $725,000 | 100% |
| Rocky Peak Village | 211 Willett Heights Trail | Four | $649,500 | $615,000 | 95% |
| Aspens At Walton Creek | 3084 Aspen Leaf Way | Three Plus | $450,000 | $419,275 | 93% |
| Columbine Townhomes | 2148 Aster Place | Four | $298,900 | $305,000 | 102% |
| Herbage Thm Condo | 2735 Apres Ski Way Unit D5 | Three Plus | $325,000 | $319,500 | 98% |
| Indian Meadows Townhome | 3170 Ingles Lane | Three | $155,000 | $145,000 | 94% |
| North Meadows Subdivision | 2037 Steamboat Blvd. | Four | $869,000 | $835,000 | 96% |
| Ski Ranches Subdivision | 2535 Longthong Drive | Three | $500,000 | $500,000 | 100% |
| Stonecreek @ Steamboat | 1808 Stone Creek Ct. | Four | $1,130,000 | $1,039,645 | 92% |
| Stonewood@Eagle | 1205 Eagle Glen Drive | Four | $1,575,000 | $1,235,000 | 78% |
| Walton Village Condo | 1220 Sparta Plaza | Three | $189,900 | $194,000 | 102% |
| Whistler Village Thm | 10 Sequoia Ct. | Two | $115,000 | $108,821 | 95% |
| Whistler Village Thm | 31 Cedar Ct | Two | $124,500 | $118,000 | 95% |
| Whistler Village Thm | 15 Cypress Court | Two | $139,900 | $127,000 | 91% |
| Woodbridge Thm | 1604 Woodbridge Ct. | Three | $199,000 | $210,000 | 106% |
| West End Townhomes | 2305 Abbey Ct | Three | $217,000 | $217,000 | 100% |
| $15,389,150 | $13,974,167 | 91% |
One Steamboat Place Sales
January 12, 2012
One Steamboat Place
One Steamboat Place has had steady sales since coming back on the market in August. In December, 4 more fractional ownership residences sold bringing the total to 10 One Steamboat Place fractional sales since the debt was restructured and prices were lowered.
There have also been 8 whole ownership sales (with 2 more pending) since August ranging in price from $1,395,000 for a unique 2+ bedroom to $2,395,000 for the typical 4 bedroom.
November 2011 Condo Sales
December 15, 2011
Steamboat Condo Sales November 2011
Steamboat Springs condominium and townhome sales during November, 2011.| Steamboat Springs Area | Steamboat Development | Address | BR | Asking Price at time of offer | Sold Price |
|---|---|---|---|---|---|
| 1-DOWNTOWN AREA | Olympian Subdivision | 35 5th Street, Unit 203 | Three | 897,500 | 828,000 |
| 1-DOWNTOWN AREA | ResidencesofOT | 730 Yampa Street | Two | 342,500 | 312,000 |
| 3-MOUNTAIN AREA | Bronze Tree Condos | 1995 Storm Meadow Dr. # 304 | Two | 349,500 | 316,000 |
| 3-MOUNTAIN AREA | Casa De Las Sierra Condo | 2315 Ski Trail Lane | Two Plus | 289,500 | 260,000 |
| 3-MOUNTAIN AREA | Meadows at EagleRidge | 2800 Eagleridge Dr, Sheffield IV | Three | 349,000 | 334,250 |
| 3-MOUNTAIN AREA | OSP Condominium at Apres Ski Way | 2250 Apres Ski Way | Two Plus | 1,395,000 | 1,395,000 |
| 3-MOUNTAIN AREA | OSP Condominium at Apres Ski Way | 2250 Apres Ski Way | Four | 2,325,000 | 2,325,000 |
| 3-MOUNTAIN AREA | Pines Condo | 460 Ore House Plaza E-303 | Two Plus | 350,000 | 280,000 |
| 3-MOUNTAIN AREA | Promontory @ Steamboat Condo | 2490 Apres Ski Way #5 | Three | 362,250 | 330,000 |
| 3-MOUNTAIN AREA | Shadow Run Condos | 1535 Shadow Run | One | 94,999 | 85,500 |
| 3-MOUNTAIN AREA | Storm Meadows Condos | 2355 Storm Meadows Dr | Two | 379,000 | 322,500 |
| 3-MOUNTAIN AREA | Sunray Meadows Condos | 3365 Columbine Drive | Two | 230,000 | 220,000 |
| 3-MOUNTAIN AREA | Villas @ Walton | 1482 Morgan Court Unit 1703 | Two | 225,000 | 213,000 |
| 3-MOUNTAIN AREA | Villas @ Walton | 1431 Morgan Court | Two | 249,000 | 225,000 |
| 3-MOUNTAIN AREA | Walton Village Condo | 1385 Sparta Plaza, Rho 2 | One | 73,900 | 63,000 |
| 3-MOUNTAIN AREA | Walton Village Condo | 1380 Athens Plaza | One | 68,000 | 67,000 |
| 3-MOUNTAIN AREA | Wildhorse Meadows - First Tracks | 2545 Cattle Kate Circle, Unit 3301 | Two | 229,000 | 229,000 |
| 3-MOUNTAIN AREA | Wildhorse Meadows - First Tracks | 2545 Cattle Kate Circle, Unit 3303 | Two | 229,000 | 229,000 |
| 3-MOUNTAIN AREA | Wildhorse Meadows - First Tracks | 2545 Cattle Kate Circle, Unit 3302 | Two | 259,000 | 259,000 |
| SOUTH VALLEY | Timbers Condo | 31500 Runaway Place | One | 84,900 | 67,500 |
| 2-FISH CREEK AREA | Fox Hunt Subdivision | 955 Falling Water Lane | Three | 565,000 | 510,000 |
| 3-MOUNTAIN AREA | Chadwick Estate | 1451 Eagle Glen Drive | Five | 2,375,000 | 1,850,000 |
| 3-MOUNTAIN AREA | Landings @ Steamboat | 1927 Spinnaker Lane | Three | 649,500 | 565,000 |
| 3-MOUNTAIN AREA | OSP Condominium at Apres Ski Way | 2250 Apres Ski Way | Four | 330,000 | 330,000 |
| 1-DOWNTOWN AREA | Steamboat Ridge Subdivision | 382 Old Fish Creek Falls Rd | Three Plus | 249,000 | 249,000 |
| 2-FISH CREEK AREA | Eaglepointe Subdivision | 525 Eaglepoint Court | Four | 250,000 | 235,000 |
| 2-FISH CREEK AREA | Longview | 580 Parkview | Three | 265,000 | 250,000 |
| 3-MOUNTAIN AREA | Alpine Vista Townhomes | 1668 Alpine Vista Court | Four | 850,000 | 775,000 |
| 3-MOUNTAIN AREA | Chadwick Place | 1555 Eagle Glen Dr | Four | 1,250,000 | 1,125,000 |
| 3-MOUNTAIN AREA | Cornerstone | 1572 Moraine Circle | Three | 529,000 | 495,000 |
| 3-MOUNTAIN AREA | EagleRidge Townhomes | 1446 Flattop Circle | Four | 899,000 | 800,000 |
| 3-MOUNTAIN AREA | Fairway Meadows Subdivision | 1825 Clubhouse | Four | 1,295,000 | 1,100,000 |
| 3-MOUNTAIN AREA | Indian Meadows Townhome | 3174 Ingles Lane | Two | 105,000 | 103,000 |
| 3-MOUNTAIN AREA | Other | 1740 Burgess Creek | Four Plus | 1,400,000 | 1,350,000 |
Edgemont Announces New Pricing AND New Townhomes for 2012
December 14, 2011
Edgemont Ski In, Ski Out Condos
Edgemont ski-in, ski-out condos in Steamboat Springs has lowered prices and announced the second phase of four townhomes for the 2012 ski season.
Edgemont has 39 luxury residences–25 have sold and one is under contract. The largest condos have sold although there are a nice selection of 2- and 3-bedroom condos still available.
See the remaining Edgemont condos for sale here.
Buyers looking for a 4-5 bedroom luxury residence can pre-purchase a new Edgemont Townhome. The new Edgemont townhomes will have the same features and finishes you’ll see in the condos.
Edgemont Townhomes Now on Sale
For investors, Edgemont has some of the best rental revenues for ski-in, ski-out properties. Contact us for rental information.
Edgemont has long-term financing for qualified buyers, so you won’t have any condo-tel financing hassles.
HOAs at Edgemont include everything but your electric and property taxes, and owners can have pets.
Call us at 970-819-6372 and see why Edgemont is Steamboat’s best-selling luxury ski in, ski out condominiums!
Edgemont Pool
Trailhead Lodge at Wildhorse Meadows Now 40-50% Off Original Pricing
December 13, 2011
Trailhead Lodge Condos
Trailhead Lodge at Wildhorse Meadows are the brand-new, furnished, high-end condos with its own gondola to the base area. And now, Trailhead Lodge is back on sale for 40-50% off the original prices.
See Trailhead Lodge pricing and availability here.
Trailhead Lodge originally pre-sold 70% of their condos at the absolute market peak in 2007. Buyers lined up willing to pay over $1M for a 2 bedroom condo thinking they’d flip it when the building was finished and make a pile of cash.
We all know how that story ended.
Trailhead Lodge rented well last winter, but none of the condos sold because of the high prices. The remaining inventory was sold to a new investor and buyers are now able to purchase these brand-new, furnished condos at a fraction of the original price.
Several went under contract the first week they were re-introduced, and 2012 should see more buyers at Trailhead who want to purchase a new condo in Steamboat for prices as low as $220,000 for a studio and $500,000-ish for a 2 bedroom.
Call us at 970-819-6372 for current availability, or see what’s for sale at Trailhead here. (Not all the available condos are listed, so call or email if you want to see the full inventory list.)
Trailhead Lodge fire pit
Wildhorse Meadows gondola
Game Room at Trailhead Lodge condos
Fitness Area at Trailhead Lodge
Trailhead Lodge with grotto hot tubs and pool
Steamboat Condo Sales for October 2011
November 7, 2011
Highmark Condos and Steamboat Ski Area
Over $10.5M of Steamboat condominiums changed ownership in October 2011. The list to sold price ratio averaged 90%, meaning most buyers were getting an average of 10% off the list price. The Victoria and The Dulany saw the most discounting while other Steamboat condos sold for over the asking price. (There is only one 2 bedroom left at The Victoria, and in my opinion, is one of the best deals available downtown.)
Search all Steamboat condos for sale here.
| Type | Asking Price | Sold Price | List to Sold Ratio | Development | Address | # BR |
| Steamboat Townhouse | $308,000 | $308,000 | 100% | Longview | 477 Parkview Drive | Three |
| Steamboat Townhouse | $129,000 | $129,000 | 100% | Whistler Village Thm | 31 Cypress Ct. | Two |
| Steamboat Townhouse | $129,900 | $129,900 | 100% | Whistler Village Thm | 20 Sequoia Court | Two |
| Steamboat Townhouse | $210,000 | $197,500 | 94% | Chinook Townhomes @ Walton Village | 3100 Chinook Lane #6 | Two |
| Steamboat Townhouse | $209,000 | $202,000 | 97% | Chinook Townhomes @ Walton Village | 3100 Chinook Lane #3 | Two |
| Steamboat Townhouse | $356,000 | $322,000 | 90% | Ski Ranches Subdivision | 2767 Laurel Lane | Three Plus |
| Steamboat Townhouse | $645,000 | $635,000 | 98% | Cornerstone | 1571 Moraine Circle | Three |
| Steamboat Townhouse | $846,885 | $730,000 | 86% | Alpine Vista Townhomes | 1670 Alpine Vista Court | Four |
| Steamboat Townhouse | $846,885 | $730,000 | 86% | Alpine Vista Townhomes | 1670 Alpine Vista Court | Four |
| Steamboat Townhouse | $1,295,000 | $1,150,000 | 89% | Cimarron | 1943 Cimarron Circle Unit, #13 | Five |
| Steamboat Condo | $839,800 | $700,000 | 83% | The Victoria | 941 Lincoln Ave, Unit 6 | Two Plus |
| Steamboat Condo | $74,900 | $69,900 | 93% | Walton Village Condo | 1375 Sparta Plaza Sigma 1″” | One |
| Steamboat Condo | $69,000 | $70,000 | 101% | Walton Village Condo | 1380 Athens Plaza – Beta 15 | One |
| Steamboat Condo | $90,000 | $85,000 | 94% | Shadow Run Condos | 2900 Whistler Rd. E 103 | Two |
| Steamboat Condo | $100,000 | $100,000 | 100% | Powder Ridge (Golden Horn) | 3027 Columbine Drive, #3 | Two |
| Steamboat Condo | $178,500 | $162,000 | 91% | Pines Condo | 500 Ore House Plaza (Unit C104) | One |
| Steamboat Condo | $235,000 | $219,500 | 93% | Hillsider Condo | 2515 Apres Ski Way | Two Plus |
| Steamboat Condo | $248,500 | $235,000 | 95% | Quail Run | 3425 Covey Circle | Two |
| Steamboat Condo | $359,000 | $330,000 | 92% | Ridgecrest Condo | 1805 River Queen Lane #306 | Three Plus |
| Steamboat Condo | $599,000 | $500,000 | 83% | Dulany Condo | 2286 Apres Ski Way Dulany 104 | Three |
| Steamboat Condo | $1,650,000 | $1,500,000 | 91% | OSP Condominium at Apres Ski Way | 2250 Apres Ski Way | Four |
| Steamboat Condo | $2,295,000 | $2,030,000 | 88% | OSP Condominium at Apres Ski Way | 2250 Apres Ski Way | Four |
First Tracks at Wildhorse Meadows Close-Out Sale
October 31, 2011
First Tracks at Wildhorse Meadows
First Tracks at Wildhorse Meadows is a great buy right now, with only five 2 bedroom condos and a couple studios left. The project is almost sold out after lowering their prices last week on the remaining condos. (Three went under contract last week.)
See available First Tracks condos for sale here.
People like this project because:
- It’s brand new (finishes are very basic but wouldn’t take much to upgrade to granite/stainless if that’s important to you)
- First Tracks owners have access to the amenities at Trailhead Lodge. Trailhead has a great fitness area, teen room, pool, several “grotto” hot tubs, etc.
- You access to the mountain by the Wildhorse Gondola which takes you right to the base area.
- You can purchase a separate Wildhorse Club (or similar name—it’s not coming to my brain right now) membership so your family can leave your skis and boots at the private “club” in One Steamboat Place.
- HOA dues are relatively low.
If you would like to know more, please call us at 970-819-6372.
