prudential colorado properties resort update

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LIONSHEAD OFFICE | AT THE ENTRANCE OF LIONSHEAD MALL | 800-283-2480 | 970-476-2482 VAIL VILLAGE OFFICE | 228 BRIDGE STREET, ABOVE RUSSELL’S | 866-951-9967 | 970-476-2600 [email protected] | PRUDENTIALCOLORADOPROPERTIES.COM new projects are complete – await the market response ree of Vail’s most luxurious and eagerly anticipated projects began closing sales this fall. Solaris Residences, Four Seasons Private Residences and the Ritz Carlton Residences — Vail have set new standards in Vail and LionsHead. While preconstruction contracts were strong in all three projects, the local real estate market and macro economic environment have shifted dramatically since those contracts were written a few years ago. With prices throughout the Vail Valley coming down in recent years, the overriding question is; how will Vail’s newest and most expensive projects fare in today’s market? Today’s asking prices range from $1.7m - $14.5m ($1,100 - $2,700+ per square foot). We’ll keep you posted… EAST VAIL VAIL VILLAGE LIONSHEAD CENTRAL VAIL WEST VAIL RESORT UPDATE Your resource for resort news, recent home sales and listings Solaris Residences from $2,800,000

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Vail Fall Newsletter

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Page 1: Prudential Colorado Properties Resort Update

liOnSHeaD OFFiCe | aT THe enTranCe OF liOnSHeaD Mall | 800-283-2480 | 970-476-2482

Vail Village OFFiCe | 228 BriDge STreeT, aBOVe rUSSell’S | 866-951-9967 | 970-476-2600

[email protected] | PrUDenTialCOlOr aDOPrOPerTieS.COM

new projects are complete – await the market responseTh ree of Vail’s most luxurious and eagerly anticipated projects began closing sales this fall. Solaris Residences, Four Seasons Private Residences and the Ritz Carlton Residences — Vail have set new standards in Vail and LionsHead. While preconstruction contracts were strong in all three projects, the local real estate market and macro economic environment have shifted dramatically since those contracts were written a few years ago. With prices throughout the Vail Valley coming down in recent years, the overriding question is; how will Vail’s newest and most expensive projects fare in today’s market? Today’s asking prices range from $1.7m - $14.5m ($1,100 - $2,700+ per square foot). We’ll keep you posted…

e a S T Va i l

Va i l V i l l a g e

l i O n S H e a D

C e n T r a l Va i l

w e S T Va i l

RESORT UPDATE Your resource for resort news, recent home sales and listings

solaris residences from $2,800,000

Page 2: Prudential Colorado Properties Resort Update

beaver creek/vail wins 2015 world alpine ski championships!

The road to the 2015 FIS World Alpine Ski Championships will run right

through the Vail Valley as the International Ski Federation (FIS) Council

voted to award the 2015 Championships to Beaver Creek/Vail by a vote of

eight, defeating both Cortina, Italy and St. Moritz, Switzerland to host the

event. The Vail Valley was also host to the 1989 and 1999 World Alpine

Ski Championships.

Prudential colorado Properties participates in

48% of all residential sales in vail.

Vail Board of Realtors MLS 7/1/10 – 9/30/10

ritz carlton residences - vail from $1,795,000

DiD You Know ?

Page 3: Prudential Colorado Properties Resort Update

CO=conDominium

DP=DuPlex

SF=single FAmily home

TH=Townhome

eaST Vail liSTingS

aDDreSS Br/Ba TyPe liST PriCe

Pitkin creek Park 1-3/ co $229,000- 4 residences Available 1-3.5 $459,000

heather of vail A-1 2/2 co $425,000

vail racquet club 12-15 2/2 co $465,000

Timber Falls condos 2/2 co $557,000- 2 residences Available $599,000

3891 Bighorn rd 3/3.5 sF $695,000

racquet club Th m-4 3/3.5 Th $699,000

2425 Bald mountain rd 2/3 DP $825,000

courtside Th no. 28 3/2.5 Th $939,000

5030 Prima court unit B 4/3.5 DP $999,000

4842 meadow ln 4/3 sF $1,095,000

4289 nugget ln east half 4/3 DP $1,495,000

vail golf course Th P54 3/3.5 co $1,500,000

3807 lupine Dr 4/3.5 sF $1,795,000

3996 lupine Dr 6/6.5 DP vrm $3,295,000- $3,794,876

Vail Village liSTingS

aDDreSS Br/Ba TyPe liST PriCe

Alphorn no.104 2/2 co $995,000

mountain haus no. 670 3/3 co $2,595,000

solaris Penthouse unit m 1/2 co $2,800,000

northwoods A-18 4/3.5 co $3,300,000

lodge Tower s no. 687 3/3 co $3,399,000

CenTral Vail liSTingS

aDDreSS Br/Ba TyPe liST PriCe

sandstone 70, c9 2/2 co $390,000

Breakaway west no. 5-524 2/2 co $410,000

simba run no. 2203 2/2 co $550,000

1359e greenhill court 4/3.5 DP $1,695,000

weST Vail liSTingS

aDDreSS Br/Ba TyPe liST PriCe

matterhorn inn no. 5-5 1/1 co $199,000

vail heights condo no. 2c 1/1 co $229,000

columbine west no. 1 2/1 Th $315,000

columbine west no. 8 2/2 Th $409,000

Dome mail no. 3 3/2 co $419,000

sierra condo unit A 3/2 co $499,000

2734 Basingdale Blvd. 6/4 TP $749,000

casa Del sol no. 8 3/3 Th $825,000

cardon condo unit c 5/3 TP $849,000

innsbruk meadows unit c 3/3.5 sF $895,000

2845 snowberry Drive 4/3 DP $975,000

2617 Arosa Drive 6/4 DP $975,000

2701 Davos Trail 3/3 sF $995,000

2617 Arosa Drive 6/3 DP $997,500

2338 Tahoe Drive 4/4 DP $998,500

1867 Alpine Drive 4/4.5 sF $1,190,000

1673 matterhorn circle 4/3.5 DP $1,295,000

2400 garmisch Drive 4/4 DP $1,299,000

2326 Tahoe Drive 4/4.5 DP $1,995,000

1835 gore creek Drive 6/5.5 sF $2,495,000

liOnSHeaD liSTingS

aDDreSS Br/Ba TyPe liST PriCe

vail 21 no. 304 1 co $899,000

montaneros no. 312-3 2 co $1,275,000

vail international no. 407 2 co $1,295,000

landmark vail no. 202 2 co $1,395,000

ritz carlton residences 2/ co $2,275,000- 3 residences Available 2-3 $2,900,000

Arrabelle at vail square 2-3/ co $2,350,000- 3 residences Available 3-4 $6,450,000

Arrabelle no. 608, $6,450,000

select residential listings

Page 4: Prudential Colorado Properties Resort Update

All market information represented herein is from the Vail Board of Realtors Multiple Listing Service and are not solely listed or sold by Prudential Colorado Properties. Sold date information from 6/1/10-9/27/10. Listings current as of 9/27/10.

eaST Vail SaleS

aDDreSS Br/Ba TyPe SOlD PriCe

vail racquet club 1-2/ co $240,000- 6 residences sold 1.5-2 $460,000

Pitkin creek Park 2/1.5 co $300,000- 2 residences sold $410,000

mountain meadows no. 2 2/2.5 co $635,000

4284 columbine cr 2/3 DP $680,000

Timber Falls no. 406 3/3 co $720,000

5020 main gore Dr 3/3 DP $787,500

courtside Townhomes 3/ Th $889,000- 2 residences sold 3-3.5 $900,000

2865 Aspen ln A 5/5 DP $1,100,000

4416 columbine Dr 4/4.5 DP $1,650,000

4267 nugget ln 4/4 DP $1,650,000

2930 Booth creek Dr B 4/3.5 DP $2,100,000

Vail Village SaleS

aDDreSS Br/Ba TyPe SOlD PriCe

manor vail 1-4/ co $750,000- 2 residences sold 1-5.5 $5,340,000

Texas Townhomes 2-3/ Th $1,200,000- 2 residences sold 2-3 $2,300,000

village inn Plaza no. 204 3/3 co $1,250,000

lodge Apt condo no. 360 3/4 co $2,800,000

village center 3/c-D 3/4 co $3,000,000

solaris residences 3-5/ co $3,735,000- 15 residences sold 3.5-5.5 $14,817,699

CenTral Vail SaleS

aDDreSS Br/Ba TyPe SOlD PriCe

homestake condo B-105 1/1 co $252,500

sandstone 70 no. 1 2/2 co $315,000

Brooktree A-205 2/1.5 co $385,000

lions mane no. 702 2/2 co $440,000

770 Potato Patch Dr no. 17 1/1 co $465,000

Aspengrove Th unit B 3/3.5 DP $855,000

1455w greenhill court 3/3.5 DP $1,200,000

millrace no. 1e 3/2.5 co $1,375,000

1481 Aspen grove ln 4/4 sF $1,670,000

1575 Aspen ridge ln 4/4 sF $2,187,500

liOnSHeaD SaleS

aDDreSS Br/Ba TyPe SOlD PriCe

Arrabelle at vail square 2-4/ co $2,160,000- 4 residences sold 3-4.5 $5,250,000

landmark vail 2-4/ co $1,175,000- 6 residences sold 2-5 $3,953,950

lift house condo no. 312 0/1 co $350,000

ritz carlton residence no. 303 4/4 co $2,881,627

Tower residences 2/2.5 co $2,300,000

695 Forest rd 4/4 DP $1,987,000

596 Forest rd 4/4.5 DP $5,400,000

mountain haus no. 670, $2,550,000

select residential sales

weST Vail SaleS

aDDreSS Br/Ba TyPe SOlD PriCe

Buffer creek west no. 3 2/2 co $205,000

Pine ridge no. 7 2/1.5 Th $360,000

interlochen condo B-14 3/2 co $529,000

meadow creek condo J-1 3/2 Th $534,000

hamlet chalet no. 3 4/4 Th $575,000

spruce creek Th c-1 3/2.5 Th $600,000

2586 Davos Trail 4/3 DP $710,000

2610 Arosa Drive 3/3.5 sF $900,000

1936 gore creek Drive 3/3 sF $1,390,000

2245 Alpine Drive 4/4 DP $1,550,000

Page 5: Prudential Colorado Properties Resort Update

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time in the mountains. For more

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2701 Davos Trail, $995,000

Are you inTeresTeD in renTing your

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or visiT www.PruvAil.com.

Page 6: Prudential Colorado Properties Resort Update

READY To

SKi + SnowBoARD?

your vail valley real estate search begins at

PrudentialColoradoProperties.com