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2011 Steamboat Vacant Land Sales

Horses at Sidney Peak Ranch in Steamboat Springs

Steamboat Springs land sales  picked up when prices dropped and buyers couldn’t  find their “perfect” place.    Most resales on the market today are priced below replacement cost, and it’s especially true for bank owned properties and short sales.  But the best places often go fast and your dream home may not exist.  If you are considering building, many Steamboat land parcels are now priced to move.  See what’s sold below, or search all land parcels for sale here.

*This table only lists the land parcels that sold for over $100,000.  There were 35 sales under $100,000, mainly in Stagecoach, Hayden, and North Routt.

Steamboat Area DevelopmentAddressAsking PriceSold PriceAcres #
Boulder RidgeLot 16, 250 Boulder Ridge Road$547,900 $399,000 0.38
Canyon Valley RanchTBD Eastridge Trail$195,000 $125,000 35.99
Catamount Ranch LPSETBD Catamount Drive$1,195,000 $810,000 5.99
Country Club Highlands2150 Clubhouse Drive$298,000 $250,000 0.32
Eagles View Subdivision1015 Anglers Drive$995,000 $800,000 1.25
Fairview Add SsTBD Saratoga Ave$100,000 $112,500 0.22
Marabou Ranch26725 Wooly Chaps Lane$998,500 $998,500 7.4
Marabou Ranch41325 River Vision Way$950,000 $1,005,000 6.13
Metes & BoundsTBD RCR 52E$149,000 $122,000 38.16
Metes & Bounds20390 Hwy 40$280,000 $223,750 35
Metes & BoundsTBD Thorpe Mtn. Road$375,000 $375,000 37.08
Metes & BoundsTBD Upper Huckleberry Lane$465,000 $415,000 5.14
Metes & BoundsTBD RCR 36$995,000 $575,000 35.02
Metes & BoundsTBD RCR 44C$595,000 $595,000 41.15
Metes & BoundsTBD E RCR 61$1,100,000 $727,500 922
Metes & BoundsTBD near The Quay$795,000 $1,100,000 41.73
Metes & BoundsTBD RCR 16$5,500,000 $4,374,180 2,000.00
Moonhill HighTBD RCR 129$250,000 $250,000 43.01
Moonhill HighTBD RCR 129$350,000 $300,000 41.51
Moonhill HighTBD RCR 129$335,000 $335,000 74.49
More Ranch40150 Bumpy Trail$1,495,000 $1,100,000 55.22
None22950 RCR 212$149,000 $120,000 10.96
NoneTBD Grouse Creek Park Rd$155,000 $130,000 10
None60250 CR 209$3,250,000 219
OtherTBD RCR 80$348,000 $261,000 174
Other36.007 Thorpe Mtn Rd.$350,000 $330,000 36
OtherTBD County Road 129$575,000 68.74
Other000 County Road 41$749,000 $814,000 174
OtherTBD RCR 80$1,216,500 $939,000 811
Other41680 Routt County Road 44$1,975,000 $1,050,000 122
Other17 Madison Ave.$1,295,000 $1,070,300 0.41
OtherTBD Intersection of RCR 33 & RCR 37$1,900,000 $1,700,000 1,155.00
Red Creek Subdivision59249 Button Willow Drive$449,000 $385,000 57
Rendevous Trails Subdivision2493 & 2529 Ridge Road$1,150,000 $625,000 2.11
Riverside Subd2750 Honeysuckle Lane$149,000 $130,000 1.89
Running Bear2155 Bear Drive$425,000 $400,000 0.96
Sanctuary The Subd662 Steamboat Blvd$265,000 0.68
Sanctuary The Subd1115 Steamboat Blvd$359,000 $325,000 0.47
Sanctuary The Subd2550 Heavenly View$425,000 $355,000 1.16
Sanctuary The Subd3184 Aspenwood Circle$485,000 $379,000 0.5
Sanctuary The Subd2239 Golf View Way$575,000 $490,000 0.81
Sanctuary The Subd2201 Golf View Way$595,000 $535,000 0.46
Sanctuary The Subd2853 Golf Stream Court$575,000 $625,000 0.66
Sidney Peak Ranch30265 Marshall Ridge$499,000 $400,000 40.15
Silverview Estates27627 Silver Spur St.$149,900 $105,000 0.35
Silverview Estates27639 Silver Spur St$149,900 $105,000 0.35
Silverview Estates27558 Silver Spur Street$184,900 $160,000 0.33
Spring Creek MeadowsTBD Amethyst Dr.$319,000 $250,000 0.67
Steamboat Barn VillageLot 54 TBD$403,150 0.58
Steamboat LakesTBD Beaver Canyon Drive$129,000 $103,000 17.11
Steamboat LakesTBD Golden Tide Place$149,000 $130,000 5.32
Trails Edge Subdivision2775 Trails Edge$1,995,000 $1,575,000 1.22
Tree HausTBD Tree Haus Drive$150,000 $132,500 0.4
Tree HausTBA Annanina Way$194,000 $161,900 0.33
Willett Ridge Subdivision921 Palo Verde Lane$199,000 $155,000 0.45
List of real estate sales in the Steamboat Springs area exclusively vacant land parcels. Includes Steamboat developments like The Sanctuary, Tree Haus, Silver Spur, and large metes and bounds acreage.

Search ALL Steamboat properties for sale here, or call us at 970-819-6372 to talk about your real estate goals.

Steamboat Real Estate SF Home Sales

Steamboat's picturesque South Valley

Here’s a list of Steamboat real estate single family homes sales in December, 2011.  Interested in seeing what else is for sale?  Search all of the Steamboat homes for sale here.

Steamboat Springs Area DevelopmentAddressBRAsking PriceSold Price% Asking Price to Sold Price
Pioneer Village1482 Conestoga CirFour$300,000 $290,000 97%
CrawfrdAddtoSS131 ParkThree$320,000 $320,000 100%
Deerfoot Height54 WoodsFour$379,000 $365,000 96%
Crawford Subdivision2 Logan AveTwo Plus$499,900 $450,000 90%
Willett Heights Subdivision699 AmethystFour$536,500 $485,000 90%
Willett Heights Subdivision671 Amethyst DriveFour Plus$645,000 $604,500 94%
Steamboat Point Subdivision404 Alpine CtThree$284,900 $291,000 102%
Mountain View632 Meadowbrook CircleThree Plus$849,900 $798,000 94%
Silver Spur/ Estates27768 Winchester TrailFour Plus$399,000 $375,000 94%
Other42850 County Road 129Five$459,000 $445,000 97%
Deer Mountain Estate42401 Deer RoadFive$789,900 $735,000 93%
Elk River Mountain Ranch Subdivision44955 Diamond Back WayFive Plus$1,225,000 $1,050,000 86%
Quaker Mountain RanchLot 9 Quaker Mountain RanchOne Plus$245,000 $190,000 78%
Steamboat Lakes57765 Saturn CourtThree$145,000 $150,000 103%
Other57430 Golden Tide PlaceTwo Plus$186,000 $155,000 83%
Big Valley Ranch28800 Skyline DriveFour$1,550,000 $1,425,000 92%

Search ALL Steamboat properties for sale here, or call us at 970-819-6372 to talk about your real estate goals.

Colorado Group Real Estate Roundup

Come join your friends and brokers at Colorado Group Realty and learn more about the current Steamboat real estate market. See all the details below.

Colorado Group Real Estate Roundup 2012

Search ALL Steamboat properties for sale here, or call us at 970-819-6372 to talk about your real estate goals.

Steamboat Real Estate/SF Home Sales in November, 2011

Click here for Steamboat condo and townhome sales in November.

Steamboat Area Home Sales Nov 2011

Steamboat single family home sales in November averaged 86% of the asking price based on a few $1M+ sales. The majority of Steamboat real estate sales didn't have significant discounting. Please call us at 970-819-6372 for more information on available Steamboat homes for sale.
Steamboat Neighborhood/
Development
AddressAsking PriceSold PricePrice Buyers Paid as a % of Asking Price
CrawfrdAddtoSS204 Missouri Avenue$579,900 $549,900 95%
Fairview Add Ss1189 Manitou Ave$475,000 $450,000 95%
Old Town Steamboat66 E Maple$380,000 $400,000 105%
Old Town Steamboat112 Maple St.$1,149,000 $892,400 78%
Caribou Run Subdivision235 Caribou Lane$599,000 $567,000 95%
Fox Hunt Subdivision955 Falling Water Lane$565,000 $510,000 90%
Chadwick Estate1451 Eagle Glen Drive$2,375,000 $1,850,000 78%
Landings @ Steamboat1927 Spinnaker Lane$649,500 $565,000 87%
Rendevous Trails Subdivision2692 Burgess Creek Rd.$599,000 $528,650 88%
Sanctuary The Subd3121 Aspen Wood Drive$1,449,500 $1,359,000 94%
Sanctuary The Subd674 Steamboat Boulevard$2,895,000 $2,475,000 85%
Settlers Crossing3442 Hiawatha Court$450,000 $400,000 89%
Ski Trails Subd2625 Ski Trail Lane$1,899,000 $1,300,000 68%
Trafalger Estate700 Pamela Lane$449,500 $420,000 93%
Tree Haus36897 Tree Haus Drive$1,150,000 $1,075,000 93%
Heritage Park40183 Lindsay Drive$245,000 $245,000 100%
Metes & Bounds50955 Buck Mountain Lane$550,000 $465,000 85%
Metes & Bounds42360 Routt County Road 46$580,000 $550,000 95%
Whitecotton Subdivision27665 Whitecotton Lane$395,000 $370,000 94%
Red Hawk Village At Stagecoach23500 Sagebrush Circle$199,900 $194,000 97%
Canyon Valley Ranch40070 Peak View Court$359,000 $335,000 93%

Search ALL Steamboat properties for sale here, or call us at 970-819-6372 to talk about your real estate goals.

Keynes, Tobin’s Q and Steamboat Real Estate

“It is time to buy Steamboat real estate.”

I usually wouldn’t make this blanket statement even though it is true that many Steamboat properties are priced at too-good-to-pass up prices and we’ve seen the bottom of the market in several neighborhoods.

According to Tobin’s Q, a theory James Tobin wrote in the late 1960’s, it’s time to buy.  James Tobin’s theory says:

 Market value of company / replacement value = Tobin’s Q

 So how does that relate to Steamboat real estate?  When the price of Steamboat real estate is below replacement cost, stop procrastinating and buy.  When real estate prices were rising, developers could build a property then resell it immediately for more than it cost to build. Everyone became a developer (or a Realtor) which lead to the building boom and bust in Steamboat Springs and across the nation.

Now the opposite is true.  It’s cheaper to buy a resale home or condo than to build it from scratch, which is why only 500,000 new homes are being built in the US annually, down from 1.6M-2M during the last years of the housing bubble.

Here in Steamboat, 200 (+/-) building permits were issued each year between 2001 and 2006.  Last year, only 33 building permits were issued.  The market has turned so that buyers can purchase property for less than it would cost to build—and in some cases a whole lot less.

With time, buyers who purchased property now should see nice appreciation gains once the market comes back.

Search all the Steamboat properties for sale here, or call us at 970.819.6372 to talk about what place is right for you.

Search ALL Steamboat properties for sale here, or call us at 970-819-6372 to talk about your real estate goals.

New Listing! North Routt Custom Home

Take a look at all the other homes listed in Steamboat Lake, then look at this one.  You won’t find this level of craftsmanship, this square footage, this acreage anywhere else for a price less than $135/sq ft.   This 5 br/5.5 bath custom home in N Routt sits on more than five acres with a pond.  Home includes gorgeous oak floors, huge windows in the open living area, granite countertops, and a large partially finished lower level.
$695,000 – Single Family Home, 5 Beds, 5 Baths, 1 Partial Bath, 5150 Sqft.,
57735 Brown Lane, Clark, CO 80428
MLS No. 132893
Property Photo
photo 1 photo 2 photo 3 photo 4 photo 5 photo 6 photo 7 photo 8 photo 9 photo 10

Listing Description

This must-see home on 5 acres in North Routt is immaculate and move-in ready. Built in 2008, you’ll appreciate the main level master bedroom suite, three car oversized garage, and an open living area with oak floors, vaulted ceilings and stone fireplace. Let your imagination take over while finishing the lower level which features a large walk-out rec area, 2 bedrooms, 2 baths, and huge storage/workshop. The electric, plumbing and drywall have been installed and only needs your choice of finish trim and flooring to be complete. Two decks for outdoor living and a spacious lot with views and a pond. This gem is minutes from Pearl Lake State Park and Steamboat Lake State Park. No comparison to other homes in the area–this one will surpass your expectations! Read more »

Search ALL Steamboat properties for sale here, or call us at 970-819-6372 to talk about your real estate goals.

Steamboat Fractional Ownership Sales Since June, 2011

Steamboat Grand with Wildhorse Gondola

Steamboat fractional ownership is a popular choice for buyers who want to own a place in Steamboat without using–or paying for– full ownership.  Steamboat Springs fractional ownership opportunities include:  The Grand, One Steamboat Place, The Christie Club, and The Porches.  These Steamboat fractional properties vary by their  usage calendars (how owner weeks are determined), price, amenities, proximity to the slopes, etc.

Please call us at 970.819.6372 to learn about the differences and which one is right for you.

Development BR Full and 3/4 Baths Status Asking Price Sold Price How Sold Status Date
Christie Condos Three Three PENDING $159,000 11/3/2011
Christie Condos Three Three SOLD $124,900 $120,000 CASH 11/14/2011
Christie Condos Three Three SOLD $172,900 $131,000 CASH 9/16/2011
Christie Condos Three Three SOLD $172,900 $135,000 OWNER FINANCE 9/19/2011
Christie Condos Three Three SOLD $169,000 $138,500 CASH 7/11/2011
Fairway Meadows Subdivision Four Four SOLD $130,000 $95,000 CASH 6/28/2011
The Grand One Two PENDING $36,900 11/4/2011
The Grand Studio One PENDING $36,900 11/8/2011
The Grand Two Two PENDING $68,900 11/14/2011
The Grand Two Three PENDING $75,500 10/20/2011
The Grand Studio One SOLD $30,000 $25,500 CASH 10/5/2011
The Grand Studio One SOLD $29,000 $26,000 CASH 10/25/2011
The Grand Studio One SOLD $31,000 $28,000 CASH 10/24/2011
The Grand One One SOLD $39,000 $36,500 CASH 8/24/2011
The Grand One One SOLD $54,900 $50,000 CASH 7/14/2011
The Grand Two Three SOLD $81,900 $75,000 CASH 6/3/2011
The Grand Two Two SOLD $117,000 $113,900 CASH 9/23/2011
The Grand Three Three SOLD $159,000 $150,000 CASH 8/16/2011
One Steamboat Place Fractional Three Three PENDING $220,000 7/22/2011
One Steamboat Place Fractional Four Four PENDING $330,000 10/21/2011
One Steamboat Place Fractional Four Four PENDING $330,000 8/26/2011
One Steamboat Place Fractional Four Four SOLD $330,000 $330,000 CASH 9/7/2011
One Steamboat Place Fractional Four Four SOLD $330,000 $330,000 CONVENTIONAL 10/12/2011
One Steamboat Place Fractional Four Four SOLD $330,000 $330,000 CASH 10/19/2011
One Steamboat Place Fractional Four Four SOLD $330,000 $330,000 CONVENTIONAL 9/1/2011
Porches/More’s Five Five or More SOLD $360,000 $282,180 CASH 9/1/2011

Search ALL Steamboat properties for sale here, or call us at 970-819-6372 to talk about your real estate goals.

Bank-Owned Lot on Blue Sage in Fish Creek Area

PRICE REDUCED!  This bank-owned lot in the desirable Fish Creek Falls area of Blue Sage Drive is now $164,900 .
Call us at 970.819.6372 for more information.
1331 Blue Sage Drive, Steamboat Springs, CO 80487
MLS No. 132278
Property Photo

 

photo 1 photo 2 photo 3 photo 4 photo 5 photo 6

Fish Creek Falls Area Bank Owned Lot

It’s time to build when you can get these views and this location at a too-good-to-pass-up price. Sloping lot is perfect for walk-out. Don’t miss out on this incredible value a Bank Owned Duplex Lot on Blue Sage Drive.

Steamboat Lot Features

  • Property Type: Residential Lots & Land
  • Special Conditions: REO/Bank Owned
  • Listing Status: ACTIVE
  • Listing Price: $164,900
  • Zip Code: 80487
  • Acres: 0.31
  • View: Steamboat Ski Area, Mountain, Neighborhood
  • Area: 2-Fish Creek Area
  • Electric: To Lot Line
  • Gas: To Lot Line
  • HOA Per: Not Applicable
  • Lot Description: View
  • School: Strawberry Park
  • Sewer: Sewer Available
  • Special Conditions Details: REO
  • Sub-Type: Residential/Acreage
  • Water Supply: Public Available

Courtesy of Eliese Pivarnik, Colorado Group Mountain

Search ALL Steamboat properties for sale here, or call us at 970-819-6372 to talk about your real estate goals.

Airfare Sale Thru Nov 30–Come to Steamboat!

Flights into Steamboat are on sale through November 30th and are valid for travel from December 15th through April 2nd from the following cities:

City

Fares from

 

Minneapolis/St. Paul

$124* each way

Details

Atlanta

$134* each way

Details

Detroit

$134* each way

Details

Austin

$135* each way

Details

Chicago

$135* each way

Details

Dallas/Ft. Worth

$135* each way

Details

St. Louis

$135* each way

Details

Los Angeles

$139* each way

Details

San Francisco

$139* each way

Details

Washington DC

$139* each way

Details

Boston

$150* each way

Details

Miami

$150* each way

Details

NY-LaGuardia

$150* each way

Details

Charleston

$159* each way

Details

Houston

$159* each way

Details

Jacksonville

$159* each way

Details

New Orleans

$159* each way

Details

Philadelphia

$159* each way

Details

Pittsburgh

$159* each way

Details

Raleigh/Durham

$159* each way

Details

Savannah

$159* each way

Details

Tampa

$179* each way

Details

Newark

$199* each way

Details

* All fares are each way based on roundtrip purchase by 11/30/11. Taxes and fees apply, click airfare prices or details above for terms and conditions.

If you would like to look at Steamboat real estate while you are here, please call us at 970.819.6372 or visit SteamboatSkiCondos.com.

 

 

Search ALL Steamboat properties for sale here, or call us at 970-819-6372 to talk about your real estate goals.

Colorado Resort Real Estate Comparison

This Colorado resort real estate comparison is provided by Land Title and shows one reason why so many buyers like buying real estate in Steamboat–second homes are a better value here. Here is a short list of ski areas in the different counties:
Routt County–Steamboat
Pitkin County–Aspen, Snowmass
Eagle County–Vail, Beaver Creek
Summit County–Breckenridge, Keystone
Grand County–Winter Park

Steamboat Springs Real Estate for sale

Colorado Resort Real Estate Comparison

Search ALL Steamboat properties for sale here, or call us at 970-819-6372 to talk about your real estate goals.