Intrawest has owned the Raven Golf Club in Silverthorne for eight years, but now Escalante Golf has purchased it Escalante Golf is a division of McDonald Automotive Group in Littleton. The company bought the course for $4 million. It also owns Pine Creek in Colorado Springs and a Yacht and Racket Club in Naples, Florida. It manages two other golf courses.
Escalante Golf doesn’t plan to make any changes to the course, and it will continue to maintain the cross-country trail in the winter, which the town of Silverthorne pays the company $5,000 to do.

Raven Golf Club property for sale

Tags: Silverthorne, Silverthorne real estate

The town of Frisco owns Peak One Parcel, which it plans to build affordable housing on. Currently, second homeowners occupy 65% of Frisco’s properties. The town is searching for a private entity to partner with them and create such attainable housing.

Tags: Frisco, Frisco real estate

This summer, Dillon built a larger playground and more picnic shelters in the park. But it’s not stopping there. It is studying the effects of improving the amphitheater and other town amenities.

It’s all a part of Dillon’s Waterfront Master Plan, which calls for a two-level parking structure, a wharf and floating dock, expansion of the Tiki Bar and new rental and retail buildings at the Marina. The plan also considers another building next to the parking structure that could be used for banquets, office space or restaurants.

In addition, Alpine Lake Lodge is set to replace Restaurant Al Lago on Lake Dillon Drive. It will be made up of 44 condos and will offer 8,500 square feet of commercial space, part of which will be a restaurant.

Meanwhile, Walgreens is scheduled to open off of Highway 6 (between Blockbuster and the City Market complex) this winter. The 9,000-sqaure-foot building offers five commercial spaces for restaurants or retail stores.

Summit County co mls search

Tags: Dillon, Dillon real estate

Builder : McCrerey  Fine Homes, LLC

This home was in Parade of Homes 2008

DESCRIPTION:

It may be the distinctive timber brackets, the Shakertown cedar shingle siding, the expansive decks or the walls of highly efficient Sierra Pacific windows, but as you approach the Prairie Home designed by Entrada Design Group of Breckenridge, you will find the architecture and finishes stunning. The colored concrete driveway leads to an oversized three-car garage with 9-foot doors. The interior does not disappoint after viewing the beautiful exterior. The main floor Read more »

Tags: New developments, Summit County parade of homes

Town council okayed new development on a 51-acre parcel known as the Smith Ranch property, off Highway 9, near the Kum & Go gas station.

Tim Crane, of Compass Homes Development, owns the property and must annex and zone it by Oct. 31, 2008. The development will be called Red Mountain Village and will include affordable housing. (Currently, Silverthorne has no deed-restricted properties that are not rentals.)

Crane hopes to build both single family and duplex homes and expects to start building next year.

Tags: development, Silverthorne, Silverthorne real estate

By now, you’ve probably heard that Keystone’s new gondola in River Run shortens your walk from the parking lot to the slopes. The base of the gondola is near Green Light and the ski school offices, so you no longer have to cross that last bridge to get to the gondola. In addition to saving walking time, the gondola will also be 30-40% more energy efficient than the resort’s other lifts.

And, Keystone is putting in more than a new gondola. The latest development is called One River Run, located in what was the Hunki Dori parking lot. Construction will start on the west end and move east, creating 180 units that look (and serve people) like a luxury hotel. The complex will offer 1, 2, 3 and 4 bedroom units. Pre-sales should start in December, with groundbreaking in spring, 2009.

The Mountain House, the original base of Keystone, will also undergo a transformation, which will include 588 new properties.

Tags: development, Keystone, Keystone real estate

If you’re a first-time homebuyer, OR if you (and your spouse) haven’t owned a home for the last three years, you qualify for up to a $7,500 tax credit. (The credit equals 10 percent of the home’s sales price, up to $7,500.) That means if you owe the government $3,000 in taxes this year, you’d pay nothing and get a $4,500 refund!

This tax credit, or Housing and Economic Recovery Act, applies to primary residences purchased between April 9, 2008 and July 1, 2009. Even if you already own a lot, you can get the tax credit if you start building your home (though you must occupy it by July 1, 2009). All you have to do is claim the credit on your 2008 or 2009 tax return.

But, the credit is meant to stimulate the economy, rather than give people free money; buyers must begin paying back the credit given interest free two years after they claim it, and they have Read more »

Tags: economy, real estate, tax

It’s always hard to say for certain when the best time to buy or sell real estate is, but right now people who want to purchase real estate in Summit County have a lot of strong incentives. First of all, interest rates are great; the already low rates have decreased by about a half percent since the government took over Fannie Mae and Freddie Mac. Now is the time to lock in a favorable interest rate on your property. Read more »

Tags: buyers, economy, fannie mae and freddie mac, market, Summit county real estate

After years of back and forth meetings with county commissioners, the county finally approved Copper’s plan to redevelop the resort’s base. The plan includes a redesign of the golf course, new condos and a hotel near the chapel lot and condos near the A-Lift. About 50 Copper Mountain homeowners showed disapproval of the plan because it could interfere with their views and lifestyle.

As part of the plan, some of Copper’s transfer tax will go to the county.

Tags: condos, Copper Mountain, Summit county real estate