Several Steamboat luxury homes sold in April, 2010 perhaps signaling a market bottom in Steamboat’s upscale resort real estate market. There were also vacant land sales in Marabou Ranch and Catamount Lake as buyers/builders looking to build custom homes took advantage of low prices. (The Marabou Ranch homesite was bank-owned, and the Catamount Lake property which included two home sites–lots 9 and 10–was listed at $1,300,000 and closed at $830,000 cash.) In addition to the sales, one homesite in The Sanctuary went under contract.
Two properties sold in Anglers Retreat within the last two months at greatly reduced prices. The Steamboat homes were listed at $1,975,000 and $1,710,ooo and closed at $1,375,000 and $1,200,000 respectively.
A gorgeous brand-new custom home on Anglers Drive was listed at $5,495,000 and sold for $4,000,000.
Buyers can purchase a brand-new home in one of Steamboat’s luxury neighborhoods for reduced prices. (Many of these homes are developer owned and started during better times.) These new upscale homes are some of the best values in Steamboat.