What are the best values for condos and homes at Schweitzer Mountain? This is a question that I always get from prospective Schweitzer buyers, and I take pride in having found and negotiated some tremendous deals for Schweitzer buyers in the past couple years. Today was the annual Schweitzer property tour for our Selkirk MLS, where we had a chance to preview 38 listings before the ski season gets started.
The best values to me overall are in the middle price levels, from $400 to $600k. Also I would encourage people to consider some of the condos and homes that are not necessarily ski-in/ski-out, as the price/value gets much better for some of these units. The Schweitzer Recreation District started a free ski shuttle on the mountain last season, picking people up from their residences within 15 minutes of calling. There is also a new ski bridge at the end of Telemark Road that makes the ski access to Musical Chairs way better than before for property owners in this neighborhood.
Following are the properties that stood apart as being very good values relative to everything else on Schweitzer:
115 Crystal Run #10 - $299,021 -- 1600 sft, 2bdr, 3 bath -- Ski in/Ski out -- this is definitely one of the best buys on the market in my opinion. Located just above the Village with the ski trail to its door - nothing in this price range on the ski trail other than Selkirk Lodge. There are no rental restrictions. The downstairs garage was converted into a separate studio along with a hot tub room. You could rent out the studio separate from the upstairs main condo. This is a bit dated but you could fix it up pretty nicely.
Snowdrift Condo #B2, listed at $279,000, 750sft, 2/1. Snowdrift is located on the left just before entering the Main Village parking lot. This unit has been completely redone, and the ski and village access is great.
130 Stella Lane #202 -- not on tour, trustee sale taking place on 12/23 with First American. My sources tell me the bank would accept $215,000. The property next door is listed at $385k, near the most recent sale.
20 Snowghost, Cedar Ridge unit 2- $589,000, 2007 sft, 3/3. Very nice unit sold furnished including a huge flat screen, two story townhouse next to the St Bernard with good ski access from the trail behind Chapel Point.
Cornice Condos #202 - $349,000, 1330 sft, 2/2. Very nice, vaulted ceiling, 2+ loft, big jacuzzi tub in master bath, furnished, big fireplace; ski access is average but a very nice place for the money.
369 Telemark Road-- $495,000 -- 2268 sft, single family house, lake views, very nice open floor plan. This is a great house and one of my favorite places on the mountain. The ski access is much better now with the new bridge at the end of Telemark Road. One of the rare single family homes available, meaning no HOA, no rental restrictions or rules. Also has a good rental history.
205 Ullr - $550,000 -- Beautiful residence with high vaulted ceiling near The Ridge. Finishings are very high end including Viking appliances and hydronic flooring. 4bdr 3 bath, 2628 sft. A creek runs by the property. One of the nicer places on the mountain.
Whiplash Circle #10-- $339,000-- also at The Ridge, 9 of the 12 of these condos have sold, with the most recent closing at $365,000. 3bdr, 2.5 bath, and 1918 sft makes it best price per square foot at Schweitzer.
Granite Peaks -- several units still available, now at short sale prices starting at $359,000 for 1700 sft with high end finishes and near Schweitzer Village. Problem was the landscape engineering from the beginning, but these challenges have apparently been addressed.
Also noteworthy is that Schweitzer Resort is moving forward rapidly on the first three homes in their new neighborhood above the Village. Two of these will be sold as 1/8 fractions supposedly under $200k per fraction. The homes look beautiful at this point with unbelievable views. Schweitzer has done a nice job replatting the former Trappers Creek neighborhood into all single family residences, with a new plan that seems to make sense for the market.
For all of the details on any of the above, visit my website at www.SandpointResortRealty.com and go to Property Search. Or call me at 208-304-5665 or email Rick@SandpointResortRealty.com to schedule a tour.
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