One Steamboat Place Archives | Steamboat Ski Condos

One Steamboat Place Update

Dean — Wed, 09 Mar 2022 21:38:50 +0000

One Steamboat Place in Steamboat Springs, CO was one of the many resort developments around the country to be caught in the economic downturn and faced foreclosure. One Steamboat Place is currently in the process of working through a loan modification, and after the financing is restructured, sales should pick back up for the luxury fractional ownership and whole ownership residences.

Buyers have three choices at One Steamboat Place from use-only (amenities only; no real estate) to full ownership. Both developer-owned units and re-sale units are available, so call 970-846-8284 for a complete list.

See the fractional and whole ownership One Steamboat Place properties currently for sale here.

Here are the options:

One Steamboat Place Summit Club: Use-only memberships for Steamboat home owners who live off the mountain and want the convenience of the ski-in, ski-out amenities.

Currently priced at a one-time deposit of $70,000 plus annual dues.
Store your skis, park your car, and enjoy the amenities at One Steamboat Place
OSP is currently offering incentives to the next five buyers including a one-time 7 day vacation to one of the Timbers Collection resorts and one year of dues. Call 970-846-8284 for details.

One Steamboat Place Fractional Ownership–For buyers who want to spend a few weeks in Steamboat and want luxury accommodations at a fraction of the price of full ownership.

1/8^th fractional ownership residences are currently priced at $415,000
1/12^th fractional ownership residences are currently priced at $265,000
Both include membership privileges at Catamount Ranch and Club while you are staying at One Steamboat Place.

One Steamboat Place Whole-Ownership Residences–for buyers who want to visit Steamboat as often as they can and have the option of renting their residence when they aren’t using it.

Prices range from $1,925,000-$4,259,000 depending on size, views, and location.
Nine residences are currently available.

The post One Steamboat Place Update appeared first on Steamboat Ski Condos.

Edgemont and One Steamboat Place Sales

Dean — Wed, 09 Mar 2022 21:38:50 +0000

Steamboat’s ski-in ski-out inventory is shrinking. Another Edgemont condos just closed yesterday. It was the 4+bedroom Slopeside house that sold for $2,350,000. (It was listed at $2,450,000.) There are 14 total residences remaining, although only two larger units are left: a 3+den and the 5+den Bunkhouse. There are several 2 bedrooms and a few 3 bedrooms available.

See the remaining Edgemont ski in, ski out condos for sale here.

At One Steamboat Place, sales are heating up now that their debt issue has been resolved and the remaining developer inventory is back on the market at lower prices. Several fractional ownership residences have gone under contract at One Steamboat Place, and I’ve heard that several whole ownership residences are also pending ( but I haven’t seen the new status reflected in the MLS yet.)

See the One Steamboat Place residences currently for sale.

If you would like to talk about the differences and similarities between One Steamboat Place and Edgemont (and any other ski in ski out property), please call us at 970-846-8284

The post Edgemont and One Steamboat Place Sales appeared first on Steamboat Ski Condos.

One Steamboat Place Sales

Dean — Wed, 09 Mar 2022 21:38:50 +0000

One Steamboat Place Condos 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.

The post One Steamboat Place Sales appeared first on Steamboat Ski Condos.

New Development Inventory Dwindles at Edgemont, One Steamboat Place

Dean — Wed, 09 Mar 2022 21:38:50 +0000

Buyers looking for new luxury ski-in, ski-out condos at Edgemont and One Steamboat Place are seeing their options dwindle as sales volume increases. There are only 9 residences left at Edgemont and 13 whole ownership residences left at One Steamboat Place.

See the remaining condos for sale (including fractional ownership) at One Steamboat Place here.

See Edgemont condos for sale (including pre-construction townhomes) here.

Scroll down for 2012 selling prices at Edgemont and One Steamboat Place, or call us at 970-846-8284 to schedule a time to see both properties.

[table id=23 /]

The post New Development Inventory Dwindles at Edgemont, One Steamboat Place appeared first on Steamboat Ski Condos.

Edgemont and One Steamboat Place 2013 Sales

Dean — Wed, 09 Mar 2022 21:38:50 +0000

Edgemont and One Steamboat Place luxury ski in, ski out condo sales are listed below. These developments have been popular with buyers in 2013 because they have just about everything on a buyer’s wish list: a fabulous slopeside location, new luxury finishes, and great rental returns.

Both developments will have newly furnished residences at the end of the month–One Steamboat Place is furnishing six and Edgemont is furnishing one of their last remaining condos for sale. If you would like to schedule a time to see Edgemont and One Steamboat, please call us at (970) 846-8284.

See all the condos for sale at Edgemont and One Steamboat Place here, or scroll down to see recent sales prices.

Steamboat Luxury Ski in, Ski out Development	BR	Asking Price	Sold Price	% List to Sold Price
Edgemont Condo #2605	Two	$1,095,000	$950,000	87%
Edgemont Condo #2703	Two	$1,100,000	$990,000	90%
Edgemont Condo #2702	Two	$1,125,000	$1,040,000	92%
Edgemont Condo #2402	Three	$1,250,000	$1,100,000	88%
Edgemont Condo #2608	Three	$1,325,000	$1,125,000	85%
Edgemont Condo #2401	Three	$1,495,000	$1,275,000	85%
One Steamboat Place #204	Four	$2,000,000	$1,716,500	86%
One Steamboat Place #707	Four	$2,195,000	$1,905,000	87%
One Steamboat Place #602	Four	$2,195,000	$2,050,000	93%
One Steamboat Place #710	Four	$2,450,000	$2,165,000	88%

The post Edgemont and One Steamboat Place 2013 Sales appeared first on Steamboat Ski Condos.

2013 Sales at One Steamboat Place

Dean — Wed, 09 Mar 2022 21:38:50 +0000

Purchasing a full or fractional condo at One Steamboat Place Condos allows you to enter the lifestyle of of Timbers Resorts, a world wide reciprocal membership organization of 5 star resorts. Located next to the gondola, One Steamboat Place offers unparalleled access to the world class skiing offered at Steamboat.

See all the available fractional opportunities and whole ownership residences at One Steamboat Place.

Here are the 5 sales of whole ownership condos at One Steamboat Place in 2013 which ranged from $1.7 million to $2.1 million.

Development	Legal Description	BR	Asking Price	Sold Price	Closing Date
One Steamboat Place	Residence 204,	Four	$2,000,000	$1,716,500	10/11/2013
One Steamboat Place	Unit R-707	Four	$2,195,000	$1,905,000	1/31/2013
One Steamboat Place	Unit DC-503	Four	$2,145,000	$2,000,000	11/18/2013
One Steamboat Place	Unit DC-602	Four	$2,195,000	$2,050,000	4/30/2013
One Steamboat Place	Unit R-710	Four	$2,450,000	$2,165,000	1/9/2013

The post 2013 Sales at One Steamboat Place appeared first on Steamboat Ski Condos.

2014 One Steamboat Place Sales Strong

Dean — Wed, 09 Mar 2022 21:38:50 +0000

The owners of the remaining developer units at One Steamboat Place decided to get serious this summer and sell their remaining whole ownership residences. At the close of 2014, they did exactly that.

Eleven whole ownership residences sold, five are under contract, and only five One Steamboat Place whole ownership residences are left to purchase. (There are a few resales available in addition to the developer units.)

When fractionals are $340,000 (ish) for a 1/8th share and you can get a whole ownership for $1.7-$1.9 (+/-), the value is definitely with whole ownerships which is one reason so many buyers have purchased at the 5-star luxury ski in, ski out development.

Whole ownership gives owners more flexibility with dates and allows owners to use the rental income generated to offset or pay for their dues.

See the list below for the details of the One Steamboat Place 2014, or click here to see available residences for sale. For information about One Steamboat Place fractional ownership, please call us at (970) 846-8284.

[table id=49 /]

The post 2014 One Steamboat Place Sales Strong appeared first on Steamboat Ski Condos.

January 2015 Condo Sales in Steamboat

Dean — Wed, 09 Mar 2022 21:38:50 +0000

The <$500,000 condo market is tightening up, especially for <$300,000 condos. Selling prices for lower price points averaged 97% of the list price in January due to the low inventory of move-in ready condos. With higher priced units, the average list-to-sold price is still a healthy 94%.

In January 2015 there were 14 sales of condos and townhomes in Steamboat including two One Steamboat Place condos that sold for $1.3 million and $1.5 million. The average sold price for a Steamboat condo was $621,000. Removing the One Steamboat Place sales changes the average sold price to $467,000.

Here are the details for all the Steamboat Springs condo and townhome sales in January: (These sales include all sales, not just those we were personally involved with.)

Address	Sold Price	Develop	Acres	Asking Price	Sold/Asking
1565 Shadow Run Frontage #B203	$150,000	Shadow Run Condos		$162,000	92.59%
27 Cedar Court	$173,000	Whistler Village Thm		$175,000	98.86%
2560 Longthong Rd. #6	$190,000	Jvt Condo		$190,000	100.00%
1382 Morgan Ct Unit 1104	$320,000	Villas @ Walton		$329,000	97.26%
2720 Eagleridge Drive, A-205	$362,500	Canyon Creek Condos		$367,500	98.64%
320 Little Moon Trail	$439,000	Willett Heights Subdivision		$469,000	93.60%
320 Blue Sage Cir	$470,000	Other		$483,900	97.13%
861 Majestic Circle #20	$605,000	Majestic Valley Subdivision		$620,000	97.58%
857 Mill Run	$615,000	Fox Hunt Subdivision		$640,000	96.09%
1875 Ski Time Square #712	$625,000	Torian-Creekside		$639,950	97.66%
1750 Medicine Springs Drive	$645,000	Trappeurs Crossing Condos		$699,000	92.27%
700 Yampa Street A206	$790,000	Howelsen Place		$832,000	94.95%
2250 Apres Ski Way, Residence 311	$1,335,000	OSP Condominium at Apres Ski Way		$1,495,000	89.30%
2250 Apres Ski Way, Residence 506	$1,525,000	OSP Condominium at Apres Ski Way		$1,595,000	95.61%

The post January 2015 Condo Sales in Steamboat appeared first on Steamboat Ski Condos.

February 2015 Condo Sales in Steamboat

Dean — Wed, 09 Mar 2022 21:38:50 +0000

In February 2015 there were 19 condo and townhome sales in Steamboat Springs. The average sales price of those units was $645,057. (The $645,057 average sales price in February was influenced heavily by 3 One Steamboat Place condos that sold between $1.6 and $2.0 million.)

For comparison, there were 28 sales of condos and town homes in February 2014. Inventory is down and prices are going up in the most popular condo developments.

Inventory remains a challenge in Steamboat and most US real estate markets. For example, in 2014 there were 65 sales in developments including Quail Run, Sunray Meadows, First Tracks, and Cascades. This year, there are no current listings for sale in those four developments.

Finally, the average ratio of price sold to asking price was 96% with 5 properties selling at 100% or more of the asking price.

Here are the details:

Address	Sold Price	Develop	Acres	Asking Price	Sold/Asking
3295 Apres Ski Way	$80,000	Mt Werner Meadows Condo		$79,000	101.27%
465 Tamarack Dr #B-015	$131,000	Fish Falls Cond		$128,000	102.34%
1565 Shadow Run Frontage #B103	$174,900	Shadow Run Condos		$174,900	100.00%
31 Cedar Court	$189,000	Whistler Village Thm		$189,000	100.00%
2525 Cattle Kate Circle	$192,500	Wildhorse Meadows – First Tracks		$199,900	96.30%
2235 Storm Meadows Drive #341	$230,000	Storm Meadows Condos		$259,000	88.80%
21 Cypress Court	$245,000	Whistler Village Thm		$264,900	92.49%
2515 Apres Ski Way #1	$290,000	Hillsider Condo		$289,900	100.03%
2700 Village Dr B 102	$317,000	Lodge @ Steamboat Condo		$329,000	96.35%
1463 Flattop Circle, Unit 108	$335,000	EagleRidge Lodge		$349,000	95.99%
1430 Steamboat Blvd	$540,000	Fairway Meadows Subdivision		$550,000	98.18%
617 Clermont Circle	$589,000	Emerald Heights		$599,500	98.25%
859 Mill Run Ct	$602,000	Fox Hunt Subdivision		$619,000	97.25%
1502 Cascades Drive	$645,000	Cascades @ Eagleridge Townhomes		$650,000	99.23%
2830 Blackhawk Ct	$690,000	BlackHawk TH F1		$725,000	95.17%
2933 Mountaineer Circle	$918,000	Mountaineer		$950,000	96.63%
2250 Apres Ski Way, Residence 709	$1,625,000	OSP Condominium at Apres Ski Way		$1,950,000	83.33%
2250 Apres Ski Way, Residence 606	$1,825,000	OSP Condominium at Apres Ski Way		$1,950,000	93.59%
2250 Apres Ski Way, Residence 610	$1,850,000	OSP Condominium at Apres Ski Way		$2,000,000	92.50%

The post February 2015 Condo Sales in Steamboat appeared first on Steamboat Ski Condos.

April 2015 Condo Sales in Steamboat Springs

Dean — Wed, 09 Mar 2022 21:38:50 +0000

There were 27 condos and town homes sold in Steamboat Springs in April 2015. The average price sold was $640,410, which was skewed once again by two One Steamboat Place condos that sold for $1,925,000 and $2,550,000. There were another two condos that sold for over $1,000,000.

Drilling a little deeper into the numbers shows that two-thirds of sales (0r 18 of 27) sold for less than $500,000. This lower end of the market is on fire here in Steamboat, with properties going under contract in days–often with multiple offers.

The ratio of sold to asking price was a solid 95.5% as sellers stick closer to their asking price.

Here are the details:

Development	BR	Asking Price	Sold Price	Sold/Asking
Walton Village Condo	One	$129,500	$125,000	96.53%
Rockies Condo	One	$139,000	$136,500	98.20%
Shadow Run Condos	Two	$177,000	$177,250	100.14%
Whistler Village Thm	Two	$186,000	$197,500	106.18%
Rockies Condo	Two Plus	$213,750	$213,500	99.88%
Whistler Village Thm	Two	$235,000	$225,000	95.74%
Pines Condo	Two Plus	$299,000	$275,000	91.97%
ResidencesofOT	Three	$285,000	$276,000	96.84%
Storm Meadows Condos	Two	$299,000	$285,000	95.32%
PineOrehousePlaza	Two	$325,000	$317,000	97.54%
Lodge @ Steamboat Condo	Three	$359,000	$325,000	90.53%
Eaglepointe Subdivision	Four	$369,000	$350,000	94.85%
EagleRidge Lodge	Two	$399,000	$380,000	95.24%
Willows The	Two	$399,000	$383,000	95.99%
Sunburst Thms	Three	$399,000	$385,000	96.49%
Phoenix @ Steamboat Springs	Three	$439,000	$395,000	89.98%
Valley View Subdivision	Four	$699,000	$630,000	90.13%
Ironwood Condo	Four Plus	$895,000	$777,500	86.87%
EagleRidge Townhomes	Four	$849,000	$827,000	97.41%
Lake Catamount	Three Plus	$970,000	$970,000	100.00%
Trappeurs Crossing Condos	Four	$995,000	$975,000	97.99%
Cimarron	Five	$1,180,000	$1,150,000	97.46%
Other	Four Plus	$1,295,000	$1,260,000	97.30%
OSP Condominium at Apres Ski Way	Four	$1,925,000	$1,725,000	89.61%
OSP Condominium at Apres Ski Way	Four	$2,550,000	$2,300,000	90.20%

The post April 2015 Condo Sales in Steamboat Springs appeared first on Steamboat Ski Condos.