About Routt County, CO

A recently completed community in Steamboat Springs, Wildhorse Meadows is new luxury residency at the base of the mountain. While not directly ski-in/ski-out, Wildhorse Meadows completed construction on a new pulse gondola only 2 weeks ago. Adding a new gondola to the mountain, this community has helped change the flow and structure of the base of the mountain with community members now able to reach the parking lot an alternate way. The community itself is comprised of varying types of residencies. The beautifully designed Trailhead Lodge, a facility of luxury condos, sits alongside First Tracks and The Range. These two divisions within Wildhorse Meadows offer the location for affordable condos, and lots to build and design your own residencies respectively. For more information on Wildhorse Meadows, check out - Wildhorse Meadows

The Highmark is a newer walk-to-ski luxury development in Steamboat Springs, CO with 15 luxury condos set to be auctioned off on March 12th. (The original date was March 4th). The Highmark is located across from the new One Steamboat Place and Market on the Mountain at the corner of Village Drive and Apres Ski. One of the Highmark condos will be sold without a reserve (most likely one on the second floor with limited views), although most have a reserve price that needs to be met.

In addition to the auction, there is a top floor Highmark penthouse that has been foreclosed on and is currently listed at $1,500,000, or more than 50% off the original purchase price of $3,200,000. The sale of this condo is unrelated to the auction and could be a very good opportunity for a buyer. This condo is beautifully decorated (the furniture can be purchased separately for $50,000) and has non-mountain views to the south.

Although The Highmark has had its ups and downs, I toured this property with prospective buyers recently and was pleasantly impressed. Depending on how low the reserve price is set, these could be a good buy. The Highmark is a quick walk to the mountain and it has good rental potential.

Learn more about Steamboat real estate at Steamboat's #1 real estate blog.

Click here to search all Steamboat ski condos.

Steamboat real estate sales follow the same ups and downs of most Colorado mountain towns, and a recent article in the New York Times entitled, “Skiers Buy Vacation Homes as Prices Fall” highlights some of the trends going on in our Steamboat market and the general Colorado resort market.

Real estate buyers who stayed on the sidelines while prices went up now have cash to spend and are looking to buy. Most Steamboat buyers want deals and are making offers lower than asking price, although sellers aren’t necessarily accepting the offers.

Steamboat real estate buyers now have the ability to choose from a large amount of inventory (including some homes that have never been on the market), motivated sellers that either want or need to sell, and some of the best prices in years.

Trade up buyers are also taking advantage of this buyer’s market. People who originally bought 1-2 bedroom condos and now want more space to entertain friends or family are buying Steamboat townhomes and single family homes.

Sales are still off from the real estate frenzy of 2007, although more people are looking as prices come down. Owning a Steamboat second home is still a dream for many people, and it’s getting more and more attainable.

We're also seeing foreclosures and short sales, although they aren't necessarily the best value.

As one Realtor said in the article, “We all got into a fantasy world there for a while but are going back to the old rules of real estate: Make a wise purchase and anticipate holding it for a while.”

If you would like to talk about the Steamboat real estate market or if you are planning a trip to Steamboat and would like to look at Steamboat condos, townhomes, or second homes, please call us at (970) 819-6372.

For more information on Steamboat real estate, visit Steamboat's #1 real estate blog.

Steamboat Springs, Colorado's much-anticipated ski in, ski out condominiums opened at the beginning of the 2009-2010 ski season. Here is the latest information as of February 1, 2010 for the # of closings and average sales price at One Steamboat Place, Edgemont, and Trailhead Lodge.

One Steamboat Place–

The whole and fractional ownership condos at One Steamboat Place at the base of the Steamboat ski area are decorated in a contemporary mountain style. If you are looking for one of the most luxurious, full service private resorts in Steamboat, you need to see One Steamboat. The on-site spa, fitness area, market, restaurant, pool, reciprocity with other resorts make OSP the place for second home owners looking for an active, social environment where you’ll find everything you need on site.

• At One Steamboat Place, 57 fractionals have sold for an average price of $459,561
• Also, 8 whole ownership residences have sold at One Steamboat for an average price of $3,375,000
• Click to see whole ownership and fractional ownership residences for sale at One Steamboat Place.

Edgemont—

Edgemont is all about understated luxury and the most incredible views on the mountain. These ski-in, ski-out residences are perfect for buyers who want an upscale, quiet respite after a day on the slopes. All the residences have incredible views as does the pool, where you can soak or swim and enjoy down valley vistas.

• At Edgemont, 13 condos have closed as of 2/1/2010 for an average price of $2,329,398.
• Click to see all the luxury Edgemont residences currently for sale.

Trailhead Lodge–

The gondola is up and running at Wildhorse Meadows where you’ll ride from Trailhead Lodge to One Steamboat Place in about three minutes.

• At Trailhead Lodge, 26 condos have closed for an average price of $851,148.08
• Click to see the condos currently for sale at Trailhead Lodge.

For more Steamboat Springs real estate information, visit Steamboat's #1 real estate blog.

Kid on skis being pulled by horse down Mainstreet Steamboat!

Fireworks on Howelsen Hill Sat night. Special feature Lighted Man! Crazy Fun

This is by far one of the most fun weeks you can spend in Steamboat Springs. The near century old Winter Carnival begins this week and even more meaningful as we have an Olympic Send-off on Friday! We are a town proud of our Olympians and for a very good reason...a lot of them train here and/or were born here. Where else do you get to see a mainstreet shutdown with snow brought in, wild west horses, kids begin pulled on skis, the only marching band on skis and a man that skis down a hill shooting off fireworks from his body? If you live on the front range, you can still find a room and if you are interested in real estate I will be in town too to show you around.

Several articles about Winter Carnival linked on my website.

I hope to see you around town!