Transactions: October 1998
Mountain Life
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Sun Valley, Idaho
Single-family, 2,785-square-foot home in the Crown Ranch development. Four bedrooms, 4 baths, 2-car garage and 2 miles to the lifts.
List Price:
$665,000 Sale Price: $665,000
Time On Market:
1 day
Listing Broker:
Dick Fenton, McCann/Daech/Fenton Realtors, Ketchum, (208) 726-3317; mdf@aol.com.
Market Comment:
Sun Valley buyers are purchasing 2,500-square-foot townhomes rather than the 1,500-square-foot condos that were popular in the Eighties because they’re opting to stay longer than a few weeks a year.
Whistler/Blackcomb, B.C.
A 2-bedroom, 2-bath, 806-square-foot condo on the Chateau Whistler Golf Course. Pool, hot tub and fitness room facilities included. Ten-minute walk to the lifts.
List Price: $339,900 Sale Price: $339,900
Time On Market: 4 weeks
Listing Broker: John Ryan, The Whistler Real Estate Co. Ltd., Whistler, (800) 667-2993; www.wrec.com.
Market Comment: The U.S. and European markets are picking up because of the dollar exchange and Prince Charles’ much-publicized visit with his sons last March.
The Big Mountain, Mont.
Slopeside 1,160-square-foot condo at Kintla Lodge in the ski village. Two bedrooms, 2 baths, fireplace and fully furnished. Amenities include parking, hot tub, sauna and ski-in/ski-out access.
List Price: $249,000 Sale Price: $249,000
Time On Market: 4 months
Listing Broker: Pat Wood, Century 21 Whitefish Land Office, Whitefish, (800) 858-4146; www.bigmtn.com.
Market Comment: On-slope townhomes are selling the most at Big Mountain because of easy access. Single-family homesites and condos have been selling consistently, too.
Lake Placid, N.Y.
Custom Adirondack 4,000-square-foot home in secluded area with large decks, great room, stone fireplace, 4 bedrooms and 3.5 baths. Eight miles to Whiteface Mountain and within walking distance to town.
List Price: $340,000 Sale Price: $325,000
Time on Market: 5 months
Listing Broker: Mike Damp, Century 21 Wilkins Agency, Lake Placid, (518) 523-2740; www.adirondackmountains.com.
Market Comment: After a slump in the early Nineties, there’s been a 5- to 10-percent appreciation rate in the last two years in the Lake Placid/Saranac Lake area. People are looking for year-round “Adirondack-style” homes.