Bank Owned Luxury Homes in Steamboat Springs

July 12, 2010

There are currently 4 bank-owned luxury homes over $1,000,000 for sale in Steamboat.  Click below for details, or call 970-819-6372.

View Details 8 photos

$1,495,000
6 beds, 4 baths
4728 sq. ft.

View Details 8 photos

$3,151,900
6 beds, 5 /1 baths
8192 sq. ft.
Catamount Ranch Bank Owned Luxury Foreclosure

View Details 8 photos New

$3,450,000
5 beds, 5 /2 baths
8424 sq. ft.
Sanctuary Bank Owned Luxury Single Family Home

View Details 8 photos

$3,875,000
5 beds, 5 /2 baths
9345 sq. ft.
Sanctuary Area Bank Owned Luxury Single Family Home


Bank Owned Catamount Ranch home for sale

June 10, 2010

This 8,000+ sq ft Steamboat luxury home on Brady Trail in the exclusive Catamount Ranch neighborhood is bank-owned and on the market for $3,199,000.  If you are looking for luxury and looking for value, this is it.  The home is located on almost 8 1/2 acres and over looks the 15th hole of the Catamount Golf Course.

Single Family Home in Catamount Ranch
6 Beds, 5 Baths, 1 Partial Bath, 8192 Sqft.
34310 Brady Trail, Steamboat Springs, CO 80487
MLS No. 128791
Property Photo
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Listing Description

Bank owned property in luxury golf course community. Great views of the south valley and Flat tops. Rare opportunity

Property Features

  • Property Type: Single Family Home
  • Listing Status: ACTIVE
  • Listing Price: $3,199,000
  • County/Area: Routt County
  • Zip Code: 80487
  • Year Built: 2004
  • Subdivision/Neighborhood: Catamount Ranch Lpse
  • Sq.Ft.: 8192
  • Stories: Two
  • Units: 1
  • Bedrooms: 6
  • Baths (full): 5
  • Baths (partial): 1
  • Garage: Garage Attached, Four or More
  • Acres: 8.44
  • Area: South Valley
  • Sub-Type: Single Family
  • School: Soda Creek
  • Sq Ft Source: Assessor
  • Finished Square Footage: 8192
  • List Price Per Fin Sq Ft: 390.5
  • R Eo Bank Owned Y/N: Yes

Courtesy of Ryan Stafford, High Mountain Sothebys International Realty

Contact Eliese Pivarnik to schedule an appointment or call 970-819-6372

Steamboat Luxury Home Update

May 14, 2010

The Steamboat luxury home market is seeing a lot more activity lately as buyers are able to negotiate prices not seen in years.  One example was a brand-new home on Anglers Drive listed for $5,400,000 that recently sold for $4,000,000.

In fact, eight homes sold this year over $2,000,000,  with an average discount of 16% off the list price.

Scroll down to see some of the better values in the Steamboat luxury home market.  (Click on the photos to see more.)  One is bank-owned, a couple are brand-new spec homes, and some are beautiful homes with motivated sellers.

View Details

$2,499,000
3 beds, 3 /2 baths 5263 sq. ft.
Steamboat South Valley–Reduced $1M
31500 RCR 14c Steamboat Springs, CO
View Details

$2,750,000
4 beds, 4 /2 baths 5601 sq. ft.
Dakota Ridge Luxury home
35930 Agate Creek Road Steamboat Springs, CO
View Details

$2,900,000
4 beds, 4 /1 baths 5230 sq. ft.
Steamboat Luxury Townhome–”Under the Gondola”
2540 Ski Trail Lane Steamboat Springs, CO
View Details

$2,999,000
5 beds, 5 /1 baths 5716 sq. ft.
Sanctuary Luxury Home
2745 Whitewater Lane Steamboat Springs, CO
View Details

$3,275,000
6 beds, 4 /2 baths 7370 sq. ft.
Elkins Meadow Post and Beam Masterpiece
2890 Bucks Path Steamboat Springs, CO 80487

View Details

$3,495,500
4 beds, 4 /1 baths 5145 sq. ft.
Catamount Lake Home
30600 Lakeshore Trail Steamboat Springs

View Details

$4,200,000
4 beds, 3 /2 baths 5352 sq. ft.
Elkins Meadow Luxury home
3005 Little Fish Trail Steamboat Springs
View Details

$4,500,000
5 beds, 5 /2 baths 9345 sq. ft.
STEAMBOAT BANK OWNED!
1624 Graystone Drive Steamboat Springs, CO

View Details

$4,750,000
5 beds, 5 /1 baths 6428 sq. ft.
Custom Catamount Lake home
30355 Harrison Trail Steamboat Springs, CO

Top 5 Reasons To Buy Steamboat Luxury Real Estate Now

March 29, 2010

Buyers can probably think of a hundred reasons why not to buy a luxury Steamboat home now, although here are a few reasons why you should.

1. Now that ski season is winding down, you may find you have more negotiation room for that high-end Steamboat ski in/ski out condo than when you here during high season.

2. It’s a buyers market here in the US and in Steamboat.  There are 314 Steamboat properties for sale over $1M, and 86 have sold in the past year.  That’s 3 1/2 years of Steamboat inventory over $1 million.  Go ahead, make an offer.

3. You’ll get exactly what you want. The majority of buyers are sitting on the fence waiting to do what everyone else does.  If you buck the trend and buy when everyone else isn’t even looking, you’ll get what you want at a price you want to pay.

4.  To lock in low interest rates.   Interest rates play a huge role in affordability.  As an example, a $1.1M mortgage at 5.75%  would mean a $5,252 monthly investment.  If interest rates rise to 6.5%, your monthly investment goes to $5,688.   With the US government stopping the purchase of mortgage-backed securities and interest rates expected to rise,  you might want to see what financing terms you can get now.

5.  Because you’ve been thinking about owning a Steamboat vacation home for years, and now it makes sense.

One Steamboat Place Fractional Resale Deal

March 17, 2010

A luxury fractional ownership condo at One Steamboat Place was just listed for $480,000, creating a great opportunity for buyers.

One Steamboat Place is perfect for buyers  looking for 4 weeks of vacation time in Steamboat and the opportunity to travel to the other incredible Timbers Resorts located throughout the world.  It’s been described as a “cruise ship on land” and really has to be seen to be believed.

This gorgeous brand-new development was just completed at the base of the Steamboat ski area and offers fractionals and whole ownership condos.

Incredible Storm Mountain Ranch Home Below Replacement Cost

February 25, 2010

This incredible luxury home in Storm Mountain Ranch is the one Steamboat brokers mention most when asked, “If you could buy any home in Steamboat, and money was no object, which one would you choose?”

It’s arguably the nicest luxury home available  in Steamboat Springs, not only for the property itself but for the benefits of living in Storm Mountain Ranch.

The best part is that it was reduced to $10,900,000 (it was originally priced at $17,000,000) and is now well below the replacement cost.

$10,900,000 – Storm Mountain Ranch Single Family Home, 5 Beds, 5 Baths, 2 Partial Baths, 12540 Sqft.,
33655 Rushing Water Lane, Steamboat Springs, CO 80487
MLS No. 127652
Property Photo
photo 1 photo 2 photo 3 photo 4 photo 5 photo 6 photo 7 photo 8

Listing Description

This Rich Carr designed 8, 475 square foot main residence and 2, 052 square foot guesthouse are situated at the end of the road on 70 acres of beautifully landscaped grounds with Walton Creek flowing through it all. Features include infinity pool and two hot tubs, five ponds and cascading waterfalls, and a commanding view of a giant granite canyon. The main residence is a synthesis of mountain and contemporary architecture forming living spaces which contain undefined transitions between the natural surroundings and interiors. The interior design by Luis Ortega flows throughout the main residences four levels, providing warm comfort and exuding style rarely experienced. A fully integrated HVAC, lighting, security, A/V, shades and a dedicated 7.1 Meridian Digital System allow all these systems to be controlled with the simple touch of a button. Gated community, . Qualified buyers must be accompanied. Property brochures available at request. Finished square footage includes: 8, 475 Main Residence and 2, 052 – Guesthouse.

Property Features

  • Property Type: Single Family Home
  • Listing Price: $10,900,000
  • County/Area: Routt County
  • Zip Code: 80487
  • Year Built: 2006
  • Subdivision/Neighborhood: Storm Moutain Ranch
  • Sq.Ft.: 12540
  • Stories: Four
  • Bedrooms: 5
  • Baths (full): 5
  • Baths (partial): 2
  • Garage: Combination, Four or More
  • Fireplace: See Fireplace Details
  • Acres: 70.37
  • Pool or Spa: Yes, see Exterior Amenities
  • View: Mountain, Valley, Panoramic, River, Park
  • Area: South Valley
  • Sub-Type: Single Family
  • School: Soda Creek
  • Zoning: Ag & Forestry
  • Sq Ft Source: Assessor
  • Finished Square Footage: 10527
  • Unfinished Square Footage: 2013
  • Exterior: Wood Siding, Stone Veneer, Log
  • Exterior Amenities: Paved Driveway, Concrete Drvwy, Guest House, Pool, Built In Ht Tub, Free Stand Hot Tub, Paved Street, Heated Driveway, Pond, Stream, Gutters, Water Storage Tank
  • Porch/Patio: Porch Open, Porch Covered, Open Patio, Covered Patio, Open Deck, Covered Deck, Covered Stoop, Open Balcony, Covered Balcony
  • Landscaping: Sprinkler System, Trees, Garden Area, Outdoor Lighting, Water Garden, Natural
  • Interior Amenities: Wood Floors, Tile Floors, Carpet, Window Coverings, Wet Bar, Ceiling Fan (s), Vaulted Ceiling (s), Smoke Detector, Garage Door Open, Security System, Walk In Closet, Cable/Wireless Internet, Multi Phone Lines, Climate Control, Steam Shower, Hot Tub, Jet Tub, Media Room
  • Appliances: Dishwasher, Garbage Disposal, Refrigerator, Beverage Refrigerator, Gas Range/Oven, Electric Range/Oven, Electric Surface Unit, Gas Surface Unit, Convection Oven, Warming Oven, Double Oven, Microwave, Range Hood, Washer, Dryer, Stackable Washer/Dryer, Indoor Grill, Freezer, Water Softener Own, Sep Ice Machine, Humidifier, Satellite Dish, Satellite Receiver, Outdoor Grill, Central Sound, Home Theatre
  • Heating: Propane, Forced Air, Radiant, Entran Type
  • Cooling: Central Air
  • Windows: Double Pane, Wood, Metal Clad, Low-E
  • Window Treatment: Shades, Drapes, Rods, Integrated Blinds
  • Water Heater: Gas, Central Hot Water
  • Water Supply: Well Private
  • Sewer: Septic
  • Gas: Propane
  • Laundry: Main Level
  • Lot Description: Irregular, Agricultural, Wooded Lot, Water Frontage, View, Rolling, Border Public Lands, National Forest Access, Public Land Access
  • Hoa Includes: Trash Service, Shuttle Service, Road Maintenance, Snow Plowing, Capital Reserves, Common Amenities
  • Hoa Amenities: Recreation Facilities, Club House, Fishing, Equine Facilities, Concierge, Non-Motorized Trails
  • Roof: Metal
  • Foundation: Poured Concrete, Block, Slab
  • Construction Type: Frame, Block, Poured Concrete, Log, Steel, Stone
  • Furnishings: Furnished
  • Pets: Yes
  • Roads/Access: Private, Paved, Gated
  • Orientation: South
  • Extras: Fishing, Horse Facilities, Irrigation, Outdoor Arena
  • Fireplace Details: Three Or More, Gas Log, In Living Room, In Family Room, In Master Bedroom, w/Blower, Masonry, Pre-Fab

Courtesy of Marabou Realty

Steamboat Luxury Home “Best Buys”

January 24, 2010

These Steamboat luxury homes are some of the best values you’ll find right now in Steamboat.   Many are developer units built during better times, and some are priced below replacement cost.  These homes offer the finest finishes for brand-new (or almost new) construction.

If you are considering purchasing a luxury home in Steamboat, please contact us to discuss your personal goals.

(To learn more about these custom Steamboat residences, click on the photos or links.)

View Details 8 photos

$2,195,000
5 beds, 5 /2 baths 4871 sq. ft.
The Sanctuary Single Family Home
View Details 7 photos

$2,295,000
6 beds, 5 /2 baths 6914 sq. ft.
Steamboat Luxury Townhome–Priced below Replacement Cost

View Details 8 photos

$2,395,000
5 beds, 5 /2 baths 5882 sq. ft.
Steamboat New Construction–Townhouse close Steamboat Ski Mountain

View Details 8 photos New

$2,395,000
5 beds, 5 /2 baths 5362 sq. ft.
Steamboat New Construction Duplex

View Details 8 photos

$2,465,000
4 beds, 4 /1 baths 4260 sq. ft.
New Construction close to the Steamboat Ski Area
View Details 8 photos

$2,499,000
3 beds, 3 /2 baths 5263 sq. ft.
Catamount Lake Area Single Family Home
View Details 8 photos

$2,950,000
4 beds, 4 /2 baths 4413 sq. ft.
Condo/Townhouse

View Details 8 photos

$2,950,000
4 beds, 4 /2 baths 5601 sq. ft.
Dakota Ridge Single Family Home
View Details 8 photos

$3,295,000 5 beds, 5 /1 baths 5716 sq. ft.
The Sanctuary Single Family Home

View Details 8 photos New

$3,600,000
5 beds, 5 /2 baths 5739 sq. ft.
Gorgeous Montana Log Home with elevator, reduced from $5M+
View Details 8 photos

$3,750,000
4 beds, 4 /1 baths 6472 sq. ft.
Catamount Ranch luxury home
View Details 8 photos

$3,750,000
4 beds, 4 /1 baths 5230 sq. ft.

Under the Gondola–First one to sell will be $2,995,000

View Details 8 photos

$3,950,000
4 beds, 4 /1 baths 5749 sq. ft.

Under the Gondola–First one to sell will be $2,995,000

View Details 8 photos

$5,750,000
5 beds, 5 /2 baths 9345 sq. ft.
Stonebridge Gated Community at The Sanctuary
View Details 8 photos New

$11,800,000
5 beds, 5 /2 baths 12540 sq. ft.
Storm Mountain Ranch MUST SEE


Luxury Home Sales in October 2009

November 5, 2009

Steamboat Springs Luxury Real Estate Sales in October, 2009

Steamboat Springs real estate sales in October, 2009 included several luxury mountain townhomes and condominiums.  In fact, there were only three single family homes that closed in October.

Buyers are trending toward purchasing new construction that has been completed but not yet occupied.  Five of the 8 properties were developer owned residences. New owners took possession of condos at Trailhead Lodge at Wildhorse Meadows, Bear Lodge at Trappeurs Crossing, and a new townhome in Fairway Meadows.  A brand -new home in the Sanctuary also closed.

There were resales at EagleRidge Townhomes, Timbers Preserve, and a home in the Elk River area.

The average sold price was 90% of the list price.  Please contact us to learn more about buying a luxury home in Steamboat.

BRs ADDRESS Develop Tot Sq Ft List Price $/Tot Sq Ft Sold Price $/Tot Sq Ft
Three 43750 Diamondback Way Elk River Mountain Ranch Subdivision 3418 $1,200,000 $351.08 $1,025,000 $299.88
Five 1577 Flattop Circle EagleRidge Townhomes 3062 $1,250,000 $408.23 $1,050,000 $342.91
Two 1175 Bangtail Way Wildhorse Meadows – Trailhead Lodge 1201 $1,120,000 $932.56 $1,120,000 $932.56
Two 1175 Bangtail Way Wildhorse Meadows – Trailhead Lodge 1298 $1,225,000 $943.76 $1,225,000 $943.76
Four 1750 Medicine Springs Drive Trappeurs Crossing Condos 1996 $1,595,000 $799.10 $1,375,000 $688.88
Four 32200 N Timbers Preserve Drive Timbers Preserve Subdivision 3568 $1,529,000 $428.53 $1,400,000 $392.38
Four 1452 Delta Queen Ct. Fairway Meadows Subdivision 3835 $1,999,900 $521.49 $1,900,000 $495.44
Five 2276 Golf View Way Sanctuary The Subd 5427 $2,195,000 $404.46 $2,000,000 $368.53
Total Listings Avg Avg Avg Avg
8 $1,514,237 $598 $1,386,875 $558

Dakota Ridge Bank-Owned Property Deal

November 5, 2009

Feb 2010 Update:  This Dakota Ridge luxury home closed for $1,250,000, over a half million dollars less than the already good price.

I previewed this Dakota Ridge home for sale in Steamboat, and it’s worth a look if you want a completely renovated home with incredible ski mountain views.  This luxury home (over 6,000 sq ft.) is well-designed for entertaining and would make an excellent primary or secondary home here in Steamboat.

Please contact us for details or to schedule a private showing.

Dakota Ridge Home for sale

Dakota Ridge Home for sale

$1,800,000
5 beds, 5 baths
6133 sq. ft. Single Family Home in Dakota Ridge  (Scroll down form more photos)
See Details of 31605 Aspen Ridge Road Steamboat Springs, CO 80477

See all the homes for sale in Dakota Ridge here.

Dakota Ridge Luxury home views

Dakota Ridge Luxury home views

Huge deck at Dakota Ridge luxury home

Huge deck at Dakota Ridge luxury home

Living Area

Living Area

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