Transactions: February 1999
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Summit County, Colo.
A 3,379-square-foot home boasting fantastic views of the Gore Range. Five bedrooms, 3 baths with a Jacuzzi in the master bath. Only about a 15-minute drive from a number of ski areas including Copper Mountain, Keystone, Breckenridge, Arapahoe Basin and Loveland.
$353,500 Sale Price: $325,000
Time On Market:
Todd Sandoval, Buyer’s Resource/Eby Real
Estate, Frisco; (800) 666-7709; www.toski.com/eby.
Properties in Summit County are seeing an annual appreciation rate of 10 percent to 14 percent. Because Summit is close to Denver International Airport (approximately 70 miles), it’s an easily accessible ski town.
Angel Fire, N.M.
A 5-acre parcel of land located at The Aspens-new homesites with maintained roads, underground utilities, resort membership (including skiing and golf) and direct private access to National Forest. Skiing at Angel Fire Resort is just 10 minutes away.
List Price: $84,000 Sale Price: $84,000
Time On Market: 18 months
Listing Broker: Linda Colenda, Angel Fire Resort Real Estate, P.O. Box 2003, Angel Fire; (505) 377-4210; www.angelfireresort.com.
Market Comment: Limited to 104 parcels, ranging from 5 to 45 acres, The Aspens is 80 percent sold out in less than two years. Sales have almost doubled in 1997 due to ski area improvements, including a new high-speed quad chairlift.
Pre-sold, fully furnished 929-square-foot condominium at The Lodges at Timberline Village. Has 2 bedrooms, 2 baths and is located at the base of Fernie Alpine Resort.
List Price: $129,000 Sale Price: $125,000
Time On Market: 3 weeks
Listing Broker: David Miles, JJ Barnicke, 606 4th Street SW, Suite 200, Calgary, Alberta; (403) 215-9869; email@example.com.
Market Comment: More development (up to 200 units) is underway within Timberline Village. Strong local economy and new ski area ownership make it an attractive destination.