Big Hits Continue as the Summer Winds Down
True to course, the market continues to show strong activity as we move into the early fall season. Over the past few days, several high-end properties have been placed under contract, highlighted by the following...
Vail / Golf Course - 1183 Cabin Circle - Single Family - Listed at $5,900,000 / $942 sf
Vail / Golf Course - 2038 Sunburst - Single Family - Listed at $6,223,000 / $1,037 sf
Beaver Creek - 75 Village Walk - New Duplex - Listed at $6,800,000 / $1,257 sf
The two Vail Golf Course residences are each older homes / prime remodel candidates featuring unique locations and terrific views. 75 Village Walk is a flip, and was on the market but 19 days before the new buyer stepped in. Its original owner stands to pocket over $1 million on the sale.
Another notable Vail Village residence, 333 Beaver Dam Road, closed in mid-August for $8,550,000 / $1,845 sf. Built in 1987 and a likely candidate for a remodel, the home enjoys a terrific location in the midst of Vail's most acclaimed neighborhood.
The above transactions are but a precursor of things to come over the next several weeks, as buyers are now making final purchase decisions in preparation for the ski season ahead. In spite of what is occurring in many other markets across the country, the Vail Valley real estate market continues to demonstrate stability and bright prospects for continued growth.
