There is no question that the Vail Valley has always been a strong real estate market and many buyers have seen values of their properties continue to increase over the years. However, the world wide recession has finally impacted even the strongest markets, and Vail property owners are starting to realize that accelerating prices are no longer the norm.
Nestled on Gore Creek, Vail's Luxury Property, One Willow Bridge, a 5 Star Condominium, in the heart of Vail Village has options for buyers who want to experience living in Vail in winter and summer.? There is a property for everyone in Vail and for those who can only spend a few weeks a year in Vail, One Willow Bridge two and three bedroom luxury condominiums are a great option.? This luxury property in Vail offers 1/7 interests.? Yes, you can live the life of luxury 7 weeks a year with more weeks for no cost if there is space available.? It just doesn't get much better.? Take a look at what you get and how you can enjoy living in Vail for a fraction of the cost of property in Vail.
For the first time in two years the Vail Real Estate sales in Eagle County, Colorado, have surpassed the $1 Billion mark!? The total sales for 2010 have reached $1.1 Billion with over 926 transactions as of October 1.??The Town of Vail has gone through a 2 Billion?Dollar?renewal in the last two years and the new?condominiums at Solaris, Ritz Carlton,? and Arrabelle ?have added? 27%? to the real estate sales in Eagle County?in the third quarter.
Gateway Land and Development Co. ?has moved its offices back into Riverwalk!!? Edwards, CO is arguably the heart of the Vail Valley, and a perfect location for our real estate offices.? We are now located right next door to the Riverwalk Movie Theater, at 34253 Highway 6.? Our offices are open 7 days a week to best accommodate your real estate wants and needs .
Gateway Land & Development
Please visit our websites to learn more about Gateway Land and Development Company and our commitment to serve our clients to the best of our abilities.
The small community of Minturn,CO?saw?a?bit of?growth again this year real estate-wise.? The Minturn Townhomes project, located on the northern end of town, accounted for 8 of the 12? residential sales this past winter season. (as noted by the MLS)?
There are currently only 10 active listings in Minturn and Red Cliff, with about 8 properties currently under contract.? Many?residents love Minturn, illustrated by the low number of listings.? Also, prices have risen steadily in Minturn, so prospective?buyers may not want to pay top dollar for a fixer-upper.
The BIG?development that will shape Minturn's future is still in the works; I'm referring to the Ginn Company's thousands of acres on Battle Mountain.? It remains to be seen how this 1700 unit plan will affect this community, but be assured it will have?a HUGE impact.
The Vail real estate market heads into the spring season with many?new listings.? Since 4/1/07 there have been 32 new listings added to the Vail Board of Realtors MLS system.? 17 of those are the Ritz-Carlton Residences, Vail, ranging in price from $3.85 million for 1705 square feet to $11.135 million for a 4137 sqaure foot penthouse.? (Upon the release of the Ritz project in West Lionshead, 54 went under contract in one weekend!)
On the more affordable end of the market, a Pitkin Creek one bedroom just hit the market, listed at $325,000.? This 656 square foot condo in East Vail is poised to get snatched up as a great entry property into the Vail market.?
It's Mud Season in Beaver Creek and that means it's time to remodel, or time to go on vacation, because much of the village will be closed for several weeks.? Check out the Vail Daily to see what restautrants are open and running great specials.
Head on down to Edwards as most everything stays open throughout the "off-season."? Be sure to check out the newest restaurant in the Vail Valley:
The Vail Valley is an amazing place to live.? Just ask anyone that has chosen to call this beautiful place home, forsaking their hometowns for powder days.? But the ironic trend here in the valley is that locals are moving west, forsaking ski days for a garage, a backyard, and a bit more square footage.
The red hot real estate market here in Vail is driven by both the second homeowners and the local population.? Eagle and Gypsum had the largest market share of sales in 2006, as long-term locals and new arrivals flock to the neighborhoods of Eagle Ranch, the Bluffs,?Chatfield Corners, and Sky Legend to name a few.
East Vail and Eagle-Vail remain as?two of the true upvalley neighborhoods, comprised of mountain loving locals who prefer the views and close proximity to skiing to a little more space around the house.
There has been a lot of talk recently about the high-end market here in the Vail Valley.? And a?perfect example of this can be found about 10 miles west of Vail, in the exclusive neighborhood of Bachelor Gulch.?(Located right next door to Beaver Creek.)?This beautiful home just sold for $14.2 million, or approximately $1420/sf.? That's a lot of dough!
There have been 9 sales over $5 million, (including 3 over $10 million)??out of the 41 sales in the past 6 months.? The most expensive on a per foot basis is a Ritz-Carlton Townhome at $1633/sf, while the home pictured above had?the highest purchase price.? (This fantastic home was listed by Gateway Land and Develpoment's owner, Suzi Apple.)
A recent article in the Vail Daily sheds light on what those of us that live here have known for years, that Edwards is a great place to live and work!???Many locals?that moved to the Vail Valley to ski,?now find themselves enjoying?the longer summer days in the lower elevations of Edwards.
Edwards is the largest residential community in Eagle County.? There is a wonderful mix of single family homes, duplexes, townhomes and comdominiums that appeal to a wide variety of tastes and budgets.? The neighborhoods of Homestead, Singletree, Arrowhead and Lake Creek appeal to families as well as young professionals.
Restaurants, shops, and services now abound in Edwards, and it truly has?become the heart of the Vail Valley. (Not to take anything away from Vail, for it is the reason most of us are here, but for the "not-in-their-early-twenties-anymore" crowd, Edwards is the place to be.)?
There are currently about 165 active residential listings, ranging in price from the low $300K's to the multiple millions.? And that?does not include the homes and homesites in Cordillera.