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Jason & Deanna Long Breckenridge Real Estate

Keystone Group eyes development plans

SUMMIT COUNTY - Top Vail executives will present their latest plans for Keystone at Wednesday's meeting of the Keystone Citizens League. The meeting is open to the public and will be an opportunity for residents of the area to learn about the redevelopment of the Mountain House base and the new gondola being built at River Run this summer. Full Story.

Breckenridge Real Estate

Spring activities in Summit County Colorado

Spring is in the air here in Summit County Colorado. Just this morning I was looking down on the valley floor and realized there is dirt underneath all that snow we got. After a week of great temperatures and a warm breeze the south facing slopes are starting to re-emerge from there wintry tombs. My neighbor has a patch of what looks like green grass starting to emerge in the sun filled area of the yard.

Spring in Summit County is a time of reclimation to the beauty that has made us famous for views and Aspens trees alike. Soon the Aspens will begin to give forth their foliage and the flowers will emerge. It is also a time for activities. Many of us locals do two things in the winter Ski & Snowboard. But Spring & Summer is a time to have some fun. Summit county is called Colorado's play ground for good reason. We begin to get our boats ready, we shake off the dirt from our canoes and rafts. We take our bikes to the shop for tuning. We start to plan our vacations and the second wave of touriColorado Trail Ridessm begins to arrive in our resort communities of Breckenridge, Keystone, Frisco, & Dillon.

I thought it would be great to put together some activities for our readers, clients and fellow Summit County lovers alike.

One of our families favorite things to do is Colorado trail rides. The most popular excursion options at Copper Mountain Stables are the trail rides which are offered in one and two hour increments. Half day trips that include lunch are also available. Enjoy a scenic walking trail ride in the high country of Colorado that traverses the mountains through lush green meadows and forests. Picturesque wild flowers and wonderful views of the Ten Mile Range, Gore Range and Jacques Peak.

Another of our favorite things to do is white water rafting. Within an hour of Summit, you can experience everything from a mild, Class II float down the Colorado River, to a moderate Class III adventure on our own Blue River or down the famous Brown's Canyon on the Arkansas River, to the non-stop action of Clear Creek's Class IV stretches.
The Upper Colorado River offers a float that is more scenic than wild and great for families with younger kids, or Performance raftingthose just looking for a relaxing trip along a beautiful stretch of river. The Class II Upper Colorado River trip takes you past natural hot springs, old cabins and dinosaur tracks near the headwaters of this famous river.

Brown's Canyon on the Arkansas River is one of the world's most popular whitewater rafting trips and is a great section for families and individuals alike. Offering unbelievable Rocky Mountain scenery and classic rapids such as Pinball, Zoom Flume, Widowmaker, and Sidell's Suckhole, these trips offer the perfect mix of whitewater, calm water and scenery.

The Blue River is located in the heart of Summit County. The perfect trip, mixing exhilarating whitewater and amazing Rocky Mountain scenery, the Blue River meanders through the Arapaho National Forest and offers over two miles of Class III whitewater, ending with continuous Class II rapids. Soon to be on the Blue is Silverthorne's white water park. located right in the downtown area we look for construction of the park and water features to begin soon.

Lake Dillon Colorado Summit CountyBoating is another of our family favorites. With Lake Dillon running through the heart of the county it's hard to miss. For a relaxing boat ride we love to take the Lake Dillon Water Taxi. From Captain Mike's boat you can see the best views of Summit County from Lake Dillon. The Taxi runs from Frisco Bay Marina to Dillon Marina approximately on the hour. Fares start at $8.00 one way and travels between the Dillon and Frisco marinas. You also can take the boat one way, shop in Frisco and take the boat back to the Dillon marina later in the day.

One of Summit Counties hidden Gems is the Green Mountain reservoir. The area continues to be one of the County's best kept secrets. It is our summer playground and only 20 miles north of Silverthorne but many years away from the resorts. The mountain ranch land, most still undeveloped, is surrounded by spectacular views of the dramatic Gore Range and the Williams Peak Range.Green Mountain Reservoir

The lake is a boater's paradise. June through September you will see fishing boats, jet skis, water skis and pontoon cruising. Although trout fishing is very good all summer, the lake is best known for its excellent kokanee salmon, some of the biggest in the state.
The Gold Medal Trout waters of the Blue River, located above the reservoir, challenge fly fishermen year around. The Wild Trout waters, below the dam, offers some of the best fishing in the whole state of Colorado.

As the snow yields it's grip on our favorite spot in the world there will be more activities to do and more things to come for Summit County Colorado.

For more information about Summit County Colorado Click here.

http://www.ski-homes-breckenridge.com/

Jason & Deanna are local Summit County Colorado Realtors focusing on second, vacation, and investment properties in the resort communities of Colorado's high country.

Summit County Colorado March Market Report

Peak One from Lake DillonSummit County Colorado continuous to buck the national trend. We look to be back on track after a rare down month in February. Transaction volume was up 3% over March of 2007. The two price categories that continue to perform very well are $300,000 to $500,000 and $1,000,000 to $1,500,000. The first price range represents the value condo segment of Summit County with Ski in / out, & slope side condos going for a much higher price. This segment has continued to perform very well over the last year and looks to continue to do so. The Second category represents primarily single family homes and on resort ski run's & luxury condos. Most of the performance here is in the single family homes. With second home owners and retirees the primary buying source for these homes. With The Highlands at Breckenridge and Eagles Nest & Three Peaks in Silverthorne being the most active in single family homes in this segment. With new homes soon to come on-line in Anglers Mountain Ranch in Silverthorne this category should have nice inventory for the summer selling season.

Volume was up and the number of transactions continue to decline and has so for several years. If you have read these reports before you may know I have noted that this is the trend at many resorts. As a market matures and land becomes less available the properties appreciate faster and thus pricing becomes higher causing each transaction to be higher and less transactions due to the cost of the properties.

Land is becoming more scarce around the county and we are seeing incredible appreciation on some of the properties as noticed by the average transaction amounts for vacant land at $573,000 in 2008. Most figure land cost for homes should be no more than 25-30 % of the home price. The resulting homes being built on these lots will be in the $2,000,000 and up category. Total build out for Summit County Colorado is still predicted in the 2012-2014 category. Once this happens appreciation is estimated to continue to escalate at an even faster clip.

Single family appreciation seems to be holding steady but we will get a clearer picture after the summer selling season when most of the nicest homes become available and sell during these months.

Breckenridge & Keystone Colorado were transaction volume leaders in the county for March followed closely by Silverthorne which includes Wildernest. This has been the trend for some time however Keystone is usually in the third spot. With all of the renovation and the new Gondola going in a Keystone this maybe something to watch as Keystone completes a major renovation.

Take a look at the following graphs and area info for March 2008 info and statistics.

Summit County trends March 2008

Summit County Transaction by category March 2008

Market analysis by area 3 months Summit County

Area$ Volume Transactions% of $ Volume# of Transactions% of TransactionsAverage $ Transaction Price
Blue River & South to County Line$13,648,9006%28 6%$487,461
Breckenridge$73,536,30030%114 25%$645,055
Breckenridge Golf Course$27,740,80011%34 7%$815,906
Central Summit County (non-town)$00%0 0%$0
Copper Mountain$12,333,7005%26 6%$474,373
Corinthian Hills & Summerwood$00%0 0%$0
Dillon Town & Lake$3,156,0001%9 2%$350,667
Dillon Valley$3,789,3002%19 4%$199,437
Farmers Corner$420,0000%1 0%$0
Frisco$18,378,6007%34 7%$540,547
Heeney$1,200,0000%1 0%$0
Keystone$40,421,90016%86 19%$470,022
Montezuma$178,2000%2 0%$89,100
North Summit County (rural)$00%0 0%$0
Peak 7$1,145,0000%2 0%$572,500
Silverthorne$24,852,00010%39 9%$637,231
Summit Cove$6,891,3003%13 3%$530,100
Wildernest$10,894,9004%37 8%$294,457
Woodmoor$6,325,3003%7 2%$903,614
Misc. & Out of County$521,9000%3 1%$173,967
TOTAL$245,434,100100.00%455100.00%$523,769
Note: Average Transaction Price & Median Transaction Price do not include Quit Claim Deed Transactions, No Refi's
Please note: The above figures do not include time share interests or Refis and are an unofficial tabulation of Summit County records that are believed to be reasonably accurate.

Cost Break Down March YTD 2008.

Home Sale# of Transactions Total Dollar Volume Percentage Gross Average Sales Price
<=200,00039 $ 5,998,500 3% $ 153,808
200,001 to 300,00056 $ 14,360,000 7% $ 256,429
300,001 to 400,00073 $ 25,614,600 13% $ 350,885
400,001 to 500,00052 $ 23,467,900 12% $ 451,306
500,001 to 600,00029 $ 16,202,500 8% $ 558,707
600,001 to 700,00023 $ 15,244,100 8% $ 662,787
700,001 to 800,00019 $ 14,343,900 7% $ 754,942
800,001 to 900,00014 $ 11,957,200 6% $ 854,086
900,001 to 1,000,00014 $ 13,232,900 7% $ 945,207
1,000,001 to 1,500,00025 $ 28,861,300 15% $ 1,154,452
1,500,001 to 2,000,0008 $ 13,941,000 7% $ 1,742,625
2,000,001 to 2,500,0004 $ 9,133,000 5% $ 2,283,250
2,500,001 to 3,000,0002 $ 5,600,000 3% $ 2,800,000
over $ 3 Million0 0% N/A
Total358 $ 197,956,900 100% $ 552,952

Market analysis % change.

Month2004% Change 04 to 052005% Change 05 to 062006% Change 06 to 072007% Change 07 to 082008
January$41,825,900 93%$80,788,900 6%$85,701,700 -3%$82,933,400 3%$85,497,600
February$62,725,300 15%$72,151,200 6%$76,698,900 15%$88,392,000 -27%$64,539,900
March$69,129,000 30%$90,177,800 20%$108,018,500 -14%$92,555,500 3%$95,396,600
April$77,378,000 22%$94,438,600 17%$110,949,200 21%$133,878,100
May$88,236,800 19%$104,834,400 31%$137,133,800 16%$158,745,300
June$111,700,400 0%$112,232,799 45%$162,725,600 -13%$141,802,500
July$89,310,400 37%$122,040,800 0%$122,097,500 13%$138,251,700
August$102,320,900 45%$148,269,200 -12%$130,811,400 42%$186,302,600
September$116,154,100 39%$161,353,500 36%$219,939,000 -23%$168,704,900
October$117,417,900 30%$152,693,400 24%$188,770,200 -22%$146,546,900
November$116,352,500 66%$193,562,600 -29%$138,233,900 14%$156,934,000
December$135,624,700 6%$143,084,300 10%$156,795,100 -13%$135,691,900
Year-to-Date TOTAL$1,128,175,900 31%$1,475,627,499 11%$1,637,874,800 0%$1,630,738,800 N/A$245,434,100
Month to Date$173,680,200 40%$243,117,900 11%$270,419,100 -2%$263,880,900 -7%$245,434,100

For more information about Summit County Colorado or for a free mountain & resort property search click here.

The Long Group Jason, & Deanna are Summit County Realtors with a focus on Vacation, Second, & Investment Properties in the Colorado resort communities.

http://www.ski-homes-breckenridge.com/

The Long Group

Rolling Ridge Townhomes Silverthorne Colorado

 Rolling Ridge Townhomes development is one of the last Townhome projects to be built in Silverthorne Colorado. Only 20 town homes will be built on the ridge of the gateway to Wildernest. There will be 5 phases with pase 1 now complete and phase 2 just released. Each building will consist of 4 units 2 interior units and 2 corner units. The views are spectacular with views from the Continental Divide to Dillon depending on location.

The interior finishes are hi-end with rustic touches with an inviting yet elegant feel. The main entry way will be finished with natural slate flooring in keeping with Silverthorne's mountain feel. Bathrooms will be natural Travertine stone for the most discerning buyers. Kitchen Counter-tops will be finished in solid Granite slabs and kitchen appliances will be stainless steel including a refrigerator. The main living area flooring will be finished in a rustic hickory real hard wood floor that gives you the feeling you are in a quality residence. The main living area and upstairs bedrooms are vaulted with a large open feel for the ultra in open living. Each home is heated with an energy efficiant radiant baseboard heat system including a boiler separate from the homes fresh water supply. The HOA dues are currently set at an affordable $250 per month which includes snow removal in the winter months.

Interior units are 3 Bedrooms and 4.5 baths and include a single car garage. End units are 4 bedrooms and 4.5 baths and also include a single car garage.

Sales on the rolling Ridge Townhomes have been robust, at just over 2000 sq-ft the 3 bedroom homes start at $550,000. One of the lowest price per square foot new home developments in the county investors and second home buyers have been the primary purchasers in the development. Located only minutes from world class skiing at Keystone, Breckenridge, & Copper Mountain.

Rolling Ridge Town Homes

Walk Out Level: Includes 2 Bedroom Suites , Laundry room w/hook-ups and Mechanical Room, Patio.

Main Level: Including Garage, Entry with coat closet, Powder room, Kitchen, Living room, Fireplace and deck.

Loft Level: Includes 2 Bed Suites.

For more information on Rolling Ridge Town-homes or for a free property search of all of Silverthorne Colorado listings click here.

Information Deemed reliable but not guaranteed. Information brought to you by the Long Group in Summit County Colorado. The Long Group is focused on providing second home, resort, and investment properties in the Rocky Mountains of Colorado.

The Long Group

http://www.ski-homes-breckenridge.com/

Silverthorne Colorado's Angler Mountain Ranch in the Rocky Mountains

I must admit we are a bit biased living in Silverthorne but it just amazes us how our little city continues to move forward and in a big way. The newest addition to our town is Anglers Mountain Ranch.

The land, formerly known as Clark RanchView from Anglers Mountain Ranch, has been the subject of numerous development proposals over the years, most notably a high-end golf course community in 2003, but none were approved.

The ranch had been zoned for 507 housing units and a 350-room hotel. The previous PUD density was not fitting of Silverthorne's overall structure and layout.

The new PUD allows for 148 multi-family units, 62 single family home sites, 30 cabin-style homes, 92 acres of open space and a public trail-head with 12 parking spaces and a three-quarter acre trail leading hikers up to the Ptarmigan Trail.

A western ranch nestled between the Colorado Rocky Mountains and fronted by a gold medal trout stream. Approximately half of the ranches total property will be designated for cross-country skiing, hiking and snowshoeing. There will also be an addition to the Silverthorne's bike trail system.There will be a 13-acre lake which runs into the Blue River for those who love to fly fish for trophy brown and rainbow trout.

The ranch has been creatively designed to preserve the native wildlife as well as the beauty of the land. TheBuffalo MTN site has been carefully designed to ensure sensitive placement of homes in order to maximize the expansive views while protecting the natural environment.

To start there will be a set of 13 duplex buildings, some of which will be next to pond at the bottom of the development prices will start in the $700s, with three floor plans and upscale finishes, and two-car garages.
Going up the development are 17 lots for sale. This is the first phase of lots. With the design layout of the community properties will offer incredible views, primarily to the south, west, and north, and will display the beauty of the Gore range. Further lot releases will come as the community begins to take shape.

Deanna and I feel Anglers Mountain Ranch could be a great investment and will be one of the last developments in the city of Silverthorne and Summit County Colorado before reaching total build-out.

For More information about Anglers Mountain Ranch or to search available lots click here.

http://www.ski-homes-breckenridge.com/