Breckenridge Real Estate Blog

We just listed a Village at Breckenridge 2 bedroom ski-in/ski-out condo with ski area views over the Maggie Pond. At $625,000, it is priced well in the Breckenridge Real Estate Market.

Breckenridge Condos with ski-in location are on the market for as high as $2.5 million! These high dollar Developer Projects have good location on the mountain, but the location of The Village at Breckenridge cannot be beat with the Peak 9 base adjacent to the west and Main Street only 1/2 block away.

Amenities include an indoor/outdoor pool, hot tubs, weight room, underground parking, restaurants, ski shop, conference facilities and the Quick Silver high speed six pack ski lift is just outside the door.

The complex is a condotel which means that there is a front desk to check guests in and out. Fannie Mae and Fredie Mac do not  buy loans on condotels so the loan will be non conforming. Basically, that will mean to a Buyer that the down payment will be more and the interest rate will be a little bit higher than a conforming loan.

In the last year the unit has produced over $40,000 in gross rental revenues so if an Investor were not paying interest then the unit would definitley make money. So if you are looking for a place to stay in Breckenridge come check out the Village at Breckenridge. They have studio units to 3 bedrooms.

Copper Mountain Resort offers a change of pace for residents of Summit County real estate in Breckenridge and Keystone resorts, Silverthorne CO homes and the towns of Frisco and Dillon.  A little less busy than Breckenridge, Copper Mountain is one valley west of Breckenridge Colorado real estate, about 75 miles west of Denver.  The best of summer and winter activities and festivals area are available for owners of Breckenridge CO homes, including events at Copper Mountain.

Dining and entertainment are spread over Copper Mountain’s three villages:  The village at Copper, East Village, and Union Creek.  They all light up during the High Alpine Holidays with the long-standing tradition of a spectacular torchlight parade that weaves its way down the mountain to a grand-finale fireworks display.  The Village at Copper sparkles with holiday cheer for the annual event, punctuated with repeat performances by En Fuego on December 20 and January 10.

This year for New Years Eve, Colorado’s premier Disco Mountain band will perform in the Village.  There will be a Disco Dance Contest, Street Performers, Bonfires, a Big Air performance by the Copper Free Ride Team, fireworks and more.  Then January 2-4, 2009, the largest consumer demo in the snowboard world will feature free demos of Burton boards, boots, and bindings.  All will be in readiness for the U.S. Snowboarding Revolution Tour competition as described at copperseries.com.  Families can also take advantage of Kids Night Out, Kids Eat Free, Arcades, Lessons, and Ski Groups.

Copper offers a variety of divided terrain for all levels of skiers and riders.  Beginner slopes are on the western side, intermediate in the center, and expert terrain on the eastern side.  Advanced double black-diamond slopes are located at Copper Bowl, Union bowl, Spaulding Bowl, and Resolution Bowl at 12,000-plus elevation on Copper Peak and Union Peak.  These expert bowls are comparable in difficulty to Breck’s Imperial Bowl.

When measured by area, Copper Mountain Ski Resort is the largest resort in Summit County.  Operated by Intrawest, it extends from a base elevation of 9,712 feet to its summit at 12,313.  There are 2,433 skiable acres including 125 runs accessible through 5 high-speed chairs, 10 chairs, 6 surface lifts, and 1 tubing lift.  Expect fewer lines and shorter wait times everywhere but on the centrally located lifts that service blue and green runs, the Superpipe, and Catalyst, the premier terrain park.

Call Rick Allemang with RE/MAX Properties of the Summit at 970-547-1002 for information about ski properties or real estate in the woods to meet your family’s needs and goals.

Serving real estate needs of Summit County, RE/MAX Properties of the Summit is part of one of the largest real-estate companies in the world, RE/MAX International.  Our RE/MAX offices are a leading force in the markets for Breckenridge real estate, Keystone CO real estate, Silverthorne CO homes, and real estate in the small towns of Frisco, Dillon, and Montezuma, Colorado as well as small Colorado ranches and properties in Fairplay, and Park County Colorado real estate.

Founded in 1973, RE/MAX is the only major real-estate network that is owned and directed by its original founders.  The one-office operation of Dave and Gail Liniger became the world’s most successful real-estate network based on a philosophy of “Everyone Wins.”  From advanced training courses to state-of-the-art technological tools, to international referrals and commercial investment, RE/MAX is dedicated to helping its agents to succeed.  Adding in another assist for agents, the RE/MAX Satellite Network is the only satellite television network in the real-estate industry.

Dave Liniger called the company RE/MAX, short for “real estate maximums.”  The Linigers believe that to attract and retain the best agents, they must be offered maximum compensation, advanced support services, and the freedom that they need to succeed.  In contrast to most real estate offices which charge agents a 50 percent fee, RE/MAX agents pay management fees and keep their commissions.  Consequently, RE/MAX attracts some of the best professionals in the industry.

Based in Denver, RE/MAX International oversees a network of more than 119,000 agents in 70+ regions in over 60 countries.  In 1980, the company expanded into Canada, becoming the leading company for real estate in that country.  In recent years, RE/MAX has expanded into Africa, Asia, Australia, the Caribbean, Central America, Europe, Mexico, New Zealand, Turkey, South America and more.

Interestingly, during the 1970s, Liniger predicted that his company would one day have 80,000 agents in the United States.  By 2003, the company included over 80,000 representatives in the world.  And all levels of employees are involved in community service.  Our projects benefit organizations such as the Children’s Miracle Network and Susan G. Komen for the Cure.

RE/MAX is recognized by the home-buying and home-selling public for its logo—a red, white, and blue hot-air balloon.  We are proud to wave that hot-air balloon for you to find the best Rocky Mountain vacation property for your family.  Call Rick Allemang of RE/MAX Properties of the Summit at 970-547-1002 for information about Park and Summit County real estate to meet your family’s needs.

Actively retire to small-town America only 30 minutes from skiing and real estate in Breckenridge, Keystone, and Copper Mountain ski resorts.  We’ve got a 36-acre Featured Listing for Fairplay CO real estate in Park County.  This Colorado ranch features an amazing park-like setting including a sanctuary in the aspen groves, fenced grassland for grazing horses, and outstanding views of the mountains.

Breckenridge real estate is wonderful for those who like being right inside a bustling year-round resort.  But this Fairplay CO property is more of a retreat.  It offers marvelous build sites for that dream home or luxury log home or hunting cabin in the woods.  And the price is right at $279,900 for such a large parcel.

Set at an altitude of 9,953 feet, it is the largest community on the eastern hillside of the Middle Fork of the South Platte River in the grassland basin known as South Park.  Some of the best fly fishing found anywhere is right here in addition to wonderful trails for hiking, horseback riding, mountain biking, and jeeping.  Plus, it is also a destination for rafting and hunting.

Park County extends to the Pikes Peak National Forest and is home to 17,000 residents.  Easily accessible to Denver via Highway 285 and to Colorado Springs on scenic Highway 24, Fairplay is the county seat.  The center of the town is a retail business district and the historic town which was founded in 1859.  A wide range of real estate surrounds the community from old and new neighborhoods to deluxe ranches to secluded multi-million-dollar log homes.

The community sponsors several big events including the Festival of Burro Days celebrating the town’s mining heritage with a 29-mile burro race to the 13,000-foot summit of Mosquito Pass.  Then, the Park County Fair, with its rodeos, livestock shows, and greased-pig catch, brings loads of down-home fun for the entire family.  The Spring Classic gives the 4-H youth the opportunity to build and practice skills in grooming, showing, and knowledge.  Children grow up showing hogs, steer, lambs, and horses and could always use mentors in those activities.

Everyone loves the setting and the location of this parcel just outside of town on Highway 9.  The property features camping spots with views of the skies through the tingling aspen leaves.  It has a private gated entry and power on the back property line.  It’s serene and pure, ready for your footprint and hooves.

As the magnificence of Park County is being discovered by the day, now is a great time to buy.  Qualifying seniors can take advantage of the senior property tax exemption.  Fifty percent of the first $200,000 of property value is exempt.

Call Rick Allemang at 970-547-1002 for information about Park and Summit County real estate to meet your family’s needs.

Trendsetting Breckenridge Ski Resort continually finds itself on SKI Magazine’s Top 10 lists.  That is a big reason for second home buyers to look seriously at Breckenridge real estate and the quaint real Town of Breckenridge.  Breckenridge CO homes are perfect for convenient family vacations in Summit County Colorado, only 90 minutes from the Denver and the International Airport.  Vacation real estate in Breckenridge puts your family smack in the middle of a fun resort and pedestrian town that is “not too local, not too touristy,” according to one SKI Magazine responder.

Breckenridge Ski Resort as featured as the No. 9 overall ski resort in the west for 2008 according to SKI Magazine’s readers’ survey.  Within the entire North American continent, Breckenridge scored No. 4 for Terrain Parks, No. 7 for Après-Ski, and No. 8 for Off-Hill Activities. 

This year SKI also addressed the common concerns about the popularity of Breckenridge, beginning with crowds:  “Breckenridge—which has been pulling in record skier visits just about every year since the dawn of the quad chair—is popular for a reason.”  The Breckenridge skiing and boarding adventures combine beautifully with its non-skiing adventure.

Let’s begin with the slopes.  The Resort is expanding its terrain and amenities to accommodate all types of skiing abilities.  But it behooves skiers to know the routes for the lifts.  Those who prefer wide open uninhabited areas need only head out to Peak 10 and “rip the expert bumps on Trinity and Quiver.”  The T-bar takes skiers to the Horseshoe Bowl. 

Take the Peak 8 SuperConnect to Chair 6 for blacks and steeps or to access the groomers and blues on Peak 7.  And Peak 7 itself is getting better every year.  Soon, a new Peak 7 base village will improve mountain access, add slope-side luxury lodging, and open up sit-down dining.  From Crystal Peak Lodge to various skier services, a ski school, ticket sales, a ski shop, and Sevens, the base village at Peak 7 will offer all of the comforts necessary to enjoy the day.

The cold can be beat by choosing warmer activities at times.  Hop on the BreckConnect Gondola to Main Street for après ski or unique culinary pleasures, spas and fireside experiences.  Stroll through downtown shops or plan to burst out on a dogsled tour tomorrow. 

And, if bottlenecks on the Interstate are a concern, travel during the weekdays.

Call Rick Allemang at 970-547-1002 for information about ski properties or real estate in the woods to meet your family’s needs.

Breckenridge Colorado homes are perfect for young winter athletes such as Colby West as well as buyers with children and grandchildren.  Living close to the world-class terrain parks, residents of Breckenridge CO real estate will be on hand to compete and cheer on the world’s top snowboard and freeski athletes during the first stop for the Winter Dew Tour that’s firing up on December 18, 2008 at Breckenridge Ski Resort.

West, who lives in real estate in beautiful Breckenridge, along with the best athletes of the modern free ski and snowboard movement will compete in the games.  The Breckenridge Ski Resort and Town of Breckenridge feel privileged to host the amazing talent.  Coverage will be aired by NBC, MTV, MTV2, and USA, ensuring action-packed content for the crowds and fans tuning in to the broadcast.

It will most likely be a fight to the finish as they compete for the Dew Cup and $1.5 million prize purse that will be awarded at the end of a three-stop series.  Other events will be in January and February in West Dover, Vermont and Lake Tahoe, California. 

The incredibly successful AST Dew Tour debuted in 2005 and has been so successful that this inaugural event will kick off Winter AST Dew Tours.  The Summer Dew Tour uses a point system based on cumulative points and the Winter Dew Tour will follow a similar plan.  Participants appreciate that the event is not just a one-day, one-run moment.  It offers the chance find out who is the strongest over the course of an entire season of competition. 

The excitement mounts as the snow industry comes together for events like this.  It is one of the only contests to offer ski and snowboard Slopestyle and Superpipe for both men and women.  Women’s snowboarding has progressed tremendously over the last few years as top female riders push the sport forward.  The professional action-sports athletes will compete in skateboarding (vert and park), BMX (vert, Park, and dirt), freestyle motocross, and each Tour stop will also feature a specialty comp.  Style and technicality are two reigning characteristics of this year’s freeskier bill.

Even as they compete tooth and nail, snowboarders snowboard with friends.  They are quick to encourage one another, congratulate one another, and inspire one another to new tricks.  Friendship is strong and so are these athletes.

Come on out and join the fun.  Key lifestyle elements include Festival Village with video gaming and interactive events and live cutting-edge music.  The Dew Tour partners include Mountain Dew, Toyota, Ball Park, Nike 6.0, PlayStation, Wendy’s and Verizon Wireless. 

Call Rick Allemang at 970-547-1002 for information about ski properties to meet your family’s needs.

Twenty new inches of snow bedecked The Perfect Mountain, Perfect Mountain Town of Breckenridge this week with more on the way.  Breckenridge homes and real estate in the authentic Victorian village sparkle under their thick snowflake blankets with the clear blue skies and sunshine above.  Downtown, the joyful holiday lights and creative snow sculptures are welcoming people from around the world. 

Real estate in Breckenridge is reaching new standards with the upcoming exclusive One Ski Hill Place at the base of Peak 8, ski-in/ski-out.  Peak 9 offers the fabulous Beaver Run Resort, the Great Divide Lodge, Village at Breckenridge, and Main Street Station right downtown and only steps from the lifts.  

Peak 8, Peak 9, the back bowls, and the T-Bars are open for snowy fun.  Looking form 9,600 feet at fabulous Peak 9, skiers are sprinkled down the slopes.  From Freeway Terrain Pack and the Ski School Learning zone up at about 10,000 feet, folks are mingling and getting going.  A few skiers already made it up to Ten Mile Station at 10,460 feet earlier today and others have free reign at 11,059 feet at the top of Peak 8. 

From Vista Haus you can see the town with snow covered Rocky Mountains forever in the background.  On the Peak 8 Half Pipe, groomers are perfecting the new snow for today’s adventures.  And way up there at 12,141 feet in the high-alpine Horseshoe Bowl, the strong of heart are experiencing what it’s like to be on top of the world.

On every mountain, the impeccable grooming stands out in North American resorts.  There are favorite places and terrain for every skier and rider.  Four terrain parks and three half-pipes are consistently ranked among the world’s best.  Along with 2,358 acres of pure snow-sports excitement, the perfect mountain town also features a lively après-ski scene and lots to do all year round.  The historical mining town boasts top-notch museums, theater, festivals, concerts, unique shopping, fine and casual restaurants, and plenty of interesting people.

Upcoming signature events at the resort include:

• December 18-21, 2008:  Mountain Dew Action Sports Tour
• January 4-9, 2009:  Ullr Fest
• January 20-24, 2009:  International Snow Sculpture championships
• February 21-24, 2009:  Mardi Gras
• April 1-19, 2009:  Spring Massive

Call Rick Allemang at 970-547-1002 to view these special properties or other vacation real estate in Summit County or Park County to meet your family’s budget and goals.

Elegant with an impressive mountain ambience, this Breckenridge real estate at 363 Carroll Lane boasts 3,276 square feet on a half acre adjacent to the White River National Forest.  Awesome views extend in every direction from the windows of this Breckenridge CO home.  The finely finished 4-bedroom Rocky Mountain retreat is being sold fully furnished and ready for your family to arrive.

Located in the Quandary Village neighborhood of Breckenridge, several miles south of town on Highway 9, the very competitive asking price is $699,000.  Throughout the three levels of fabulous Breckenridge CO real estate is a beautiful complement of natural elements such as log, slate, river rock, and massive exposed beams.  It is perfect for a Summit County Colorado vacation home or for year round living.

On the main level, a romantic double-sided river rock fireplace is the centerpiece.  Vaulted ceilings, a wall of glass, and exposed beams invite the incredible Rocky Mountain ambience inside.  The gourmet kitchen features top-quality cabinets, granite tile countertops, a breakfast bar, slate flooring and back splash, and the best of appliances. 

Upstairs, the wonderful master suite walks out to the deck and is next to the loft.  A big screen TV is ingeniously accessible from the large closet.  With dual vanities, a separate shower, and a great jetted tub, the master bath offers private relaxation.

On the lower level, there a media room, bar, workout room (or bedroom), bedroom, and a full bath.  A detached 2-car garage accentuates the natural environment of the home.  Every square foot of this endearing home is impeccable.  It was built in 2004 and has been maintained in top-top shape.

Recreation and hiking trails are nearby.  From Monte Cristo Creek at the end of Blue Lakes Road to the Blue River, to Montgomery Reservoir and Hoosier Pass to world-class ski resorts up the road, this area will bring many warm memories of friendship and offers an active lifestyle for residents.

To drive by the home, go south 7 miles on Highway 9 from Breck.  Before the hairpin curve, turn right onto Carroll Lane.  Call 970-547-1002 for information to benefit from lower interest rates and realize your dream home today.  Call Rick Allemang at 970-547-1002 to view this special property or other investment properties that meet your needs.

Although American resort areas are also feeling the effects of the bursting housing bubble and precarious economy, Breckenridge CO real estate is yet perched for a bright future.  Dollar sales volume continues to be high, albeit fewer Summit County properties have been selling than during the 2003-2005 bubble.   The interesting thing for Breckenridge CO homes is that prices keep going up.

Comparing September and October 2005 with the same months in 2008, we find the following figures for all of Summit County Colorado real estate sales:

Month                        Sales          Total Volume      Average Sale price

September 2005         445          $161,353,500          $362,592

October 2005             389          $152,693,400          $392,528

September 2008         201          $127,090,100          $643,131

October 2008             176          $118,230,800          $676,061

Prices vary greatly by area of Summit County.  The average Year-to-Date through October for our communities looks like this:  Breckenridge $758,220, Silverthorne $655,858, Frisco $496,053, Keystone $494,589, Dillon $488,509, and Wildernest $342,712.

According to PortReal Residential Market Update 4th Quarter 2008, “Resort-based metropolitan areas have suffered significantly worse than more diversified markets.”  On the other hand, our Rocky Mountain resort areas are exceptions to that statement, which is based on averages from around the nation that include Florida and California where real estate prices have fallen dramatically.  The truth is that our resort and luxury real estate has outperformed most other markets, including the median-priced home market and investment-grade market.  Our resorts continue to see land and real estate appreciation.

There is high demand for resort real estate close to the Front Range metropolitan areas.  As population continues to increase in those areas, more people will be looking to our recreational playground for vacation properties, second homes, and retirement homes.

And the opportunities for investment in multi-family and single-family homes in Summit County will allow owners to take advantage of another point that PortReal makes:  “Net rental income matches or exceeds the costs of property ownership in 88 percent of US markets.”  People who are not able to pass the credit scrutiny will still be renting both primary homes and vacation properties in the resort areas.

As people tighten their belts, many continue careful real estate investing.  It’s a way of life and livelihood.  In growing areas like ours, over time real estate investments outperform the money markets.  For information about resort real estate to enjoy for years to come, call Rick Allemang of RE/MAX Properties of the Summit at 970-547-1002.