Breckenridge Summit County real estate blog, Colorado news

Builder: Colorado Building Company

DESCRIPTION:

By incorporating elements from the Old World with modern convenience and technology, the European-based homeowners have created their unique American home for family and friends in the mountains of Breckenridge Colorado. Interior stone archways link the living areas to the entry foyer, where the character of reclaimed Douglas fir post and beam creates an atmosphere of warmth and tradition.  The freeform, hand-crafted timber frame staircase leads to the secluded second floor master suite, which features a spa-style bathroom and Read more »

Tags: Breckenridge, Breckenridge real estate, New developments, ski, ski resort Summit County parade of homes

A group of real estate agents have petitioned Breckenridge town council to allow them to put up signs directing people to open houses. They submitted 30 letters showing support for their cause.

Currently, and for more than 10 years, the town code has only allowed a single “open house” sign on the property for sale. It doesn’t permit any other signs directing drivers through twists and turns of neighborhoods. As a result, Read more »

Tags: Breckenridge, Breckenridge real estate

82 Victory Lane Breckenridge

Builder : Kodiak Enterprises, inc .

DESCRIPTION:

In both design and décor, this contemporary yet rustic luxury home suggests the mining era history of Breckenridge. The top level entry, with slate floors, stone walls and timber trellis, starts your experience as you descend by timber and glass elevator or timber stairs into a truly comfortable environment where you can enjoy life fully. The massive two-sided stone fireplace dominates the great room, while filtered views of Baldy Mountain are enjoyed with a southeastern exposure. Three of five bedroom suites are Read more »

Tags: New developments, Summit County parade of homes

On Aug. 22, developers started building Water House on Main Street in Breckenridge — a $70 million condo

complex with 55 luxury units, which are close to Quicksilver lift at the base of Peak 9.

Developers dubbed the interior design and furnishings, by Ranch House Design, as the “highest quality” in Breckenridge. Oz Architecture in Boulder designed the buildings, which will include a pool, 7 hot tubs, parking underground and a valet to carry skis.

Tags: Breckenridge, Breckenridge real estate, real estate, ski

The town of Breckenridge wanted townhome development, but it might be getting 60,000 square feet of storage units, instead.

Kurt Ave and Kirk Mickelsen think it’s more profitable to build storage on 4 acres they own on Highway 9, across from 7-Eleven. If they built townhomes, more than half would have to be affordable housing, according to town guidelines. So, in essence, the town’s stringent affordable housing demands on new developers are shooting both parties in the foot, and Ave and Mickelsen have decided not to play the game.

The county approved the Super Storage in 2007, despite the town’s concerns. Ave and Mickelsen plan to start construction by mid-fall. They say there’s a demand for the units.

Tags: Breckenridge, Breckenridge real estate, construction, development

Robert Sasick, from northern Colorado, owns a 10-acre mining claim, located about 1,500 feet from a proposed lift on Peak 6 and 300 feet from a Peak 7 run.

It’s zoned as backcountry, which means someone could buy it, but the biggest house that could be built on it would be 1,200 square feet. Plus, the Forest Service would have to give special permission to access a home there.

Still, Sasick is marketing it. A local real estate agent says the land is basically worth whatever someone is willing to pay for it. Sasick doesn’t say how much he wants, but it’s beyond the budget to buy it for open space. Meanwhile, Vail Resorts says its not interested, though it did make an offer the owner refused several years ago. He’s owned the land since 1962 and isn’t in any hurry to sell.

The privately owned land wouldn’t affect Vail Resort’s Peak 6 development.

Tags: Breckenridge real estate, development, land, market, real estate, Vail

In August 2007, a Breckenridge home sold for $5.5 million, breaking all previous high sales prices. People wondered if it might be a fluke, but it turns out that even in this rather shaky economy, fetching $5.5 million or more for a Summit County real estate property isn’t unrealistic.

On July 15, 2008, another Breckenridge real estate transaction made history with a sale of $5,550,000. Read more »

Tags: Breckenridge, Breckenridge real estate, breckenridge ski area, homes, property, Summit county real estate

As you may know, it’s more difficult to get a mortgage loan these days, since the subprime mortgage crisis hit in 2007. Of course, lenders are still issuing loans; it may just take a little more work on both your end and theirs.

One of the keys to securing a loan is getting an accurate appraisal of the property you want to purchase. Lenders use information from a professional appraiser to determine your loan amount, but now the changing Breckenridge real estate market means appraisers need to research more to present an accurate Read more »

Tags: appraisals, Breckenridge, Breckenridge real estate, homes, Investment, lenders, market, price, property, real estate market, Summit County, Summit county real estate