Sales price reaches new record in Breckenridge
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.
The 7-bedroom, 9-bath home on Timber Trail Road on Breckenridge Peak 8 sold for $738.82 per square foot. The total square footage was 7,512. Built in 2008, it listed for $5,895,000.
The home is a ski-in ski-out property — a dream retreat with seven fireplaces, special quarters for kids, a spa room, a 3-car garage, a home theater, an elevator and high-quality audio and visual equipment. In fact, the owners can ski right up to their deck, which, of course, comes complete with a hot tub.
The home sits on 0.63 acres and has views of the Breckenridge ski area and the surrounding forest. Taxes are about $8,450, and association fees to the private neighborhood run $400 a year.
