Transactions: December 1999

Mountain Life
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Mountain Life
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Sugarbush, Vt.

Two-bedroom, 2-bath, 1,150-square-foot unit at the SnowCreek Condominiums. It has a fireplace and a balcony, and a swimming pool is available for condo residents. Located slopeside at Sugarbush South (Lincoln Peak), the unit is a short walk to the base of the slopes.

List Price

$99,500

Sale Price

$95,000

Time on Market

2 1/2 years

Listing Broker

Sharon Kellerman, Graves Realty, Sugarbush, (802) 496-7500; www.sugarbush.com.

Market Comment

Prices at the SnowCreek Condos are going up quickly as more people are investing in ski vacation homes. Younger families are buying slopeside while Baby Boomers are seeking homes farther from the ski hill for possible future retirement locations.

Crystal Mountain, Mich.
A MountainSide Townhouse condominium with 5 bedrooms, 3 baths and approximately 3,200 square feet. Completely furnished, with a double whirlpool in the master suite, a large family room, a 2-car garage and upper and lower decks. Located less than 50 yards from the slopes of Crystal Mountain Resort.
List Price $349,900
Sale Price $342,5000
Time on Market 5 1/2 months
Listing Broker Sleeping Bear Realty, Inc., Thompsonville, (800) 968-2911; www.crystalmtn.com.Market Comment In anticipation of the upcoming ski season, home sales have been particularly brisk this fall. Phase I of the new MountainTop ski-in/ski-out townhome project is a sell out, with presales of the 2nd phase anticipated to begin by late winter.

Sugarloaf/USA, Maine
Townhome-style duplex condominium with 5 bedrooms, 3 baths and approximately 1,985 square feet. It's an easy walk to the ski trails-about 300 yards to the lifts.
List Price $235,000
Sale Price $230,000
Time on Market 3 months
Listing Broker Jeff Kennedy, Mountainside Real Estate, Sugarloaf, (207) 237-6912.
Market Comment Sugarloaf has experienced a steady growth. In 1995, roughly 200 units were for sale at year-end, and 68 units totaling $6 million were sold. Last year, roughly 100 units were for sale at year-end, and 138 units totaling $13 million were sold. Sales continue to be brisk, and inventory is at an all-time low.

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