Owners at Lake Catamount enjoy four seasons of recreation.  Cross country ski, kayak, hike, fish, swim–Catamount Lake and bordering Routt National Forest make getting outside part of the Lake Catamount lifestyle.

See all the available properties available at Lake Catamount or call us at 970-819-6372.

Lake Catamount in Steamboat

Lake Catamount in Steamboat Springs

Lake Catamount

Summer at Lake Catamount

The Porches whole ownership residences

Over the past 6 weeks, there have been seven Steamboat luxury sales with four others going under contract to close at a later date.  All of the sales are within  Steamboat city limits in some of Steamboat’s most popular neighborhoods.

See Edgemont townhomes (and remaining Edgemont condos) for sale here.

Edgemont Townhomes

Edgemont Townhomes

Steamboat home in Agate Creek Preserve

Steamboat luxury home buyers are back as buyers take advantage of price decreases to buy high-end properties. There are deals to be had as Steamboat luxury buyers–who recently bought properties for more than $1M–are seeing savings average 15% off the list price. Newer properties are selling best because savvy buyers know they can purchase a primary or vacation home for less than it would cost to build.

The inventory of luxury properties is dwindling and land purchases are becoming more common because buyers aren’t finding what they want. One luxury home in Strawberry Park listed for $4,900,000 is under contract after only a few weeks on the market showing the demand for premium residences.

If you would like to discuss what is available in Steamboat Springs, please call us at 970.819.6372 or search Steamboat luxury homes here.

One Steamboat Place

One Steamboat Place, the luxury ski-in, ski-out development at the base of the Steamboat Ski Area, has had 11 sales since their loan was restructured and the remaining condos went back on the market in August.  Another One Steamboat Place residence is pending.

Edgemont, the other new luxury ski-in, ski-out development, had the five bedroom Bunk House go under contract  this week.  It was listed for $3,495,000.  (This will be the 5th Edgemont sale in 2011; there are only 13 residences left.)

New developments like Edgemont and One Steamboat Place are the last brand-new luxury residences that will be built for several years. When they are gone, they are gone.

See all the  fractional and whole ownership condos available at One Steamboat Place.

Scroll down for a full list of One Steamboat Place condo sales since August.

Private Jet Options for flying into Steamboat Springs

Flying  into Steamboat Springs on a private jet is the ultimate luxury.  Depending on the size of the aircraft, Steamboat second homeowners and visitors have the option of Steamboat Airport/Bob Adams Field or the Yampa Valley Regional Airport.

The Steamboat Springs/Bob Adams Field airport is located 3 miles from Steamboat Springs.  The Steamboat airport runway is 4452 ft x 100 ft. and located at 6874.6’ elevation.  Most flights land and take off in the early morning because of the pressure differences.  Visit  the Steamboat airport website for more details.

The other option for larger private aircraft unable to operate at Steamboat Springs Airport (Bob Adams Field) is the Yampa Valley Regional Airport.   Larger aircraft unable to land in Steamboat use YVRA located about 25 miles west of Steamboat in Hayden, CO.  The runway is 9998 ft x 150 ft. at 6580’ elevation.

Yampa Valley Regional Airport (HDN) is the only airport offering commercial flights in and out of Northwest Colorado.

One Steamboat Place

These Steamboat luxury properties represent those that have sold or gone under contract with asking prices over $1,000,000  between July 1, 2011 and August 15, 2011.  Now that One Steamboat Place is back on the market after a recent debt restructuring, four whole ownership residences and several fractional ownership residences are under contract and two closed last week.

The luxury home real estate market has seen a recent uptick in activity.   Reasons:  buyers are using cash they withdrew from the stock market before the recent instability; ski-in, ski-out buyers want to have a place purchased and furnished before the ski season starts to capitalize on rental income; prices have been reduced so that more buyers are looking–that place a buyer had their eye on may sell to someone else if they don’t buy now.

Search for your next property here, or call us at 970.819.6372 to discuss your real estate needs.

Current Steamboat luxury home buyers  have been watching the market and know the sold prices of recent listings.  They know–often more than sellers–when a listing is priced to sell.

For a list of the better single family home and land deals on the market, call us at (970) 819-6372.

Saddle Ridge, a development of 35 acre homesites west of Steamboat off US 40, has a new summer promotion–$100,000 off the next sale that closes by Thanksgiving.  Saddle Ridge has spectacular views of the ski area, Flattops and Emerald Mtn. depending on which site you choose to purchase and build.  There is also hundreds of acres of open space and trails.

See all the available homesites for sale in Saddle Ridge here.

June Steamboat Real Estate sales over $1.5M:

Commercial properties:

• $2,900,000 Comfort Inn.  This commercial property is used for lodging, is 24,382 SF and was built in 1995.  It has 2.44 AC Land Area.  PPSF is $118.94
• $2,600,000 Sleepy Bear Mobile Home Park.  This commercial property is located on 6.59 AC.  PPAC is $394,537.

Residential Properties:

• $2,500,000 26325 RCR #13.  320 acre ranch property in southern Routt County with 4 Brm 3 Bath, built in 1978, 1,560 SF.
• $2,376,000 0175 Deer Clover Lane in the Fish Creek Area – New Construction, 6 Brm 8.5 Bath, 7,847 SF on 1.02 acres.
• $2,050,000 32535 & 32545 McKinnis Trail in Fox Estates – 5 Brm 5.5 Bath, built in 2008 with 6,617 SF on 2.22 acres.
• $1,500,000 41975 RCR #36 –35.666 acre Vacant land parcel.