The Vail bank owned luxury homes now available offer buyers an opportunity to enter the Vail real estate market for less than replacement value. Everyone likes to buy more for less, whether it be retail, cars, travel packages, or health care. Vail real estate bank owned homes are on sale up to 50% off the original purchase price. While the number of Vail bank owned homes is down to 9 from 30 in the last few months, the bank owned luxury real estate over $1M is remarkable. Currently, 4 out of the 9 Vail bank owned homes offer magnificent views, luxury interiors, custom finishes and exquisite attention to detail.
148 Acres, 6 bedrooms, pond, barn, greenhouse - BANK OWNED
Close to World Class skiing at Vail, Eagle airport, Golf, Fishing!
Lake Creek Builder's home - 10 Minutes to Ski, Golf, Restaurants
The Vail real estate community is now seeing Bank Owned luxury homes at amazing prices. In the past, it was rare or unheard of to find a true luxury home that was bank owned. While most of the luxury homes are 15 to 30 minutes away from the Vail-Beaver Creek ski resort, they are great values to consider.
Vail Real Estate has seen its ups and downs and there are homes that cannot be duplicated at the current list price. A perfect example is a custom 9,175 square foot, 6 bedroom home on 3.2 acres, 15 minutes to Vail-Beaver Creek skiing.
Some of these Vail real estate opportunities are pre-forclosure and some are post-foreclosure. This particular home was listed previously for $4,995,000 and now is only $1,995,000, an amazing $217 a square foot. As you enter the expansive two story great room with beamed ceilings you will notice the expansive window with views of a private pond with cascading water and the Sawatch Rocky Mountain views. The master is on the main floor and features a second level office/balcony. The Edwards luxury home has a second master, media room, wine cellar, exercise room, Hot tub/Spa and over 3 car garage.