New Land Listings! Direct Access to National Forest and Elk River
$375,000
Description
Build your dream home on these 5+ acre lots that offer the best of everything! Direct National Forest access. Private access to 1/4 mile of the Elk River. Amazing views of the Zirkels and Elk River. Close proximity to national forest trailheads for outdoor recreation. These equestrian friendly homesites offer year-round access on paved roads and are close to the Clark Store, North Routt Charter School, and the best recreational activities Routt County offers. Photos are not specific to individual lots.
- Property Type: Residential Lots & Land
- Listing Status: ACTIVE
- Listing Price: $375,000
- Zip Code: 80428
- Subdivision/Neighborhood: Seed House Ranch
- Acres: 5.06
- View: Mountain, River
- Area: North Routt
- Characteristics: Secluded, Pine, Aspen, Grass, Mixed
- Electric: To Lot Line
- Extras: River, Fishing
- Fencing: Some Fencing
- HOA Fee: TBD
- HOA Per: TBD
- Lot Description: Horses Allowed, View, Borders Public Lands, National Forest Access, Borders Green Belt, Public Land Access
- Orientation: South
- Phone: To lot Line
- Possible Use: Current Use
- Roads/Access: Public, Paved
- School: N. Routt Charter
- Sewer: Septic Tank Needed
- Sub-Type: Residential/Acreage
- Water Supply: Well Needed
Contact Eliese Pivarnik to schedule an appointment or call 970-819-6372
Search ALL Steamboat properties for sale here, or call us at 970-819-6372 to talk about your real estate goals.
Posted: April 20th, 2012 under Listings.
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Second Home/Vacation/Investment Home Buyers are Back
Steamboat vacation home
Nationally, 2011 was the year investment and second home buyers returned to the market. After waiting on the sidelines throughout the Great Recession, buyers are ready to buy real estate again now that prices are significantly lower and interest rates (for the 58% who finance) are at historic lows. The National Association of Realtors recently reported investor purchases were up 65% and second home purchases were up 7%.
Investment and vacation home purchases accounted for 38 percent of all home sales in 2011 (27 percent investment homes, 11 percent vacation homes). Interestingly, second-home sales peaked in 2005 when they made up 40 percent of sales overall.
Who’s buying?
- 30% plan to use the property as a primary residence in the future.
- 82% bought to use their property for vacations or a family retreat.
- Only 22% plan to rent.
- 34% want to diversify their investments or saw a real estate investment too good to pass up.
- 16% bought property for a family member, friend or relative to use. (In Steamboat, think children going to CMC or Lowell Whiteman or taking a year off to ski.)
- 30% of vacation homes were purchased in the West
- 80% of second home buyers thought it was a good time to buy.
- 50% of investment property buyers plan to buy another property within 2 years, as do 33% of vacation home buyers.
- The largest group of buyers are 50-59, then 40-49.
Steamboat Springs has similar trends. Buyers are also buying in Steamboat, the cash/finance ratios are about the same, and reasons people gave for buying nationally are the same ones we hear every day.
If you would like to talk about whether a Steamboat vacation home makes sense for you and your friends and family, please call us at 970.819.6372.
Search ALL Steamboat properties for sale here, or call us at 970-819-6372 to talk about your real estate goals.
Posted: April 2nd, 2012 under Real Estate.
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Are Steamboat Real Estate Prices Rising?
National trends indicate we’re at or near the bottom of the six year decline in real estate values. So what’s happening in Steamboat? The Steamboat real estate market remained strong until mid-2008, so our market has been lagging behind the national trends. Here’s what’s happening now in Steamboat Springs:
- Prices are down 30-40% making real estate more affordable for buyers.
- Inventory is tight for single family homes under $500,000–and especially tight for homes under $300,000.
- Pending sales are up.
- Some parts of the condo market are still struggling, mainly because lending is so challenging for certain condo developments labeled “condotels” by lenders.
- Bank-owned foreclosures are dwindling.
- Land is selling again, especially in popular neighborhoods like The Sanctuary.
- New developer-owned single family homes, townhomes, and condo developments like Highmark, One Steamboat Place, Edgemont, First Tracks, etc. are selling.
- Older projects aren’t attracting buyers unless they are very competitively priced.
- There are more multiple offers on well-priced homes, especially bank-owned homes.
- Prices are up in some neighborhoods.
Search ALL Steamboat properties for sale here, or call us at 970-819-6372 to talk about your real estate goals.
Posted: March 29th, 2012 under Real Estate.
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Steamboat Real Estate Feb Sales
| Steamboat Springs Area | Type of Real Estate | Development | Address | Asking Price | Sold Price | Year Built (Use 4 digit) | REO Bank Owned Y/N |
|---|---|---|---|---|---|---|---|
| 1-DOWNTOWN AREA | Single Family | Orig Town Steamboat Springs | 721 Pine Street | $325,000 | $280,000 | 1910 | No |
| 2-FISH CREEK AREA | Townhouse | Other | 311 Apple Drive | $328,500 | $328,500 | 2000 | Yes |
| 2-FISH CREEK AREA | Single Family | Willett Heights Subdivision | 1310 Blue Sage Dr. | $549,000 | $510,000 | 1982 | No |
| 2-FISH CREEK AREA | Single Family | Emerald Knoll | 747 Sandhill Circle | $875,000 | $830,000 | 2010 | No |
| 5-WEST STEAMBOAT | Single Family | Silver Spur/ Estates | 27925 Silver Spur St. | $399,900 | $391,500 | 2001 | Yes |
| ELK RIVER AREA | Farm/Ranch | Smith Creek Park Subdivision | 21850 COUNTY ROAD 56 | $650,000 | $630,000 | 1912 | No |
| SOUTH AND WEST | Single Family | Deerwood Ranches | 25800 Coyote Lane | $599,900 | $599,900 | 2000 | Yes |
| SOUTH VALLEY | Single Family | Deerwood Ranches | 30855 Deerwood Ranch Road | $1,250,000 | $940,000 | 1999 | No |
| STAGECOACH | Condo | Wagon Wheel Con | 23800 RCR 16 | $75,000 | $27,500 | 1974 | Yes |
| STAGECOACH | Condo | Wagon Wheel Con | 23800 RCR 16 Unit 6 Bldg 1 | $54,900 | $44,000 | 1974 | Yes |
| STAGECOACH | Townhouse | Stagecoach Townhomes | 23150 Schussmark Trail | $64,900 | $59,900 | 1973 | Yes |
| STAGECOACH | Townhouse | Stagecoach Townhomes | 23045 Schussmark Trail | $62,500 | $62,000 | 1974 | Yes |
Search ALL Steamboat properties for sale here, or call us at 970-819-6372 to talk about your real estate goals.
Posted: March 29th, 2012 under Uncategorized.
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Colorado Group Realty 2012 Real Estate Report
Colorado Group 2012 Real Estate Report
Colorado Group Realty recently published the 2012 Annual Report highlighting the trends in Steamboat real estate. Click here for full details.
If you have questions about specific Steamboat Springs condos or neighborhoods, call us at 970-819-6372 and we’ll get you all the information you need to make an informed decision on whether to buy or sell.
Search ALL Steamboat properties for sale here, or call us at 970-819-6372 to talk about your real estate goals.
Posted: March 27th, 2012 under Market Reports.
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Compare Home Prices in Colorado Resorts
Single family home prices have fallen in every Colorado resort market creating opportunities for saavy shoppers. Buyers are combining lower prices with ridiculously low interest rates to purchase homes that seemed unattainable just a few years ago.
Looking closer at the stats, the number of single family homes sold in the Steamboat area in 2011 was 289, up from 192 in 2010 and 109 in 2009. Significantly more homes were sold last year at lower price points, bringing down the overall average price.
The lower price points were driven by Steamboat bank-owned properties, which buyers snapped up in 2011. Over 11% of Steamboat real estate sales in 2011 were bank-owned foreclosures. In 2010, only 4.5% were bank-owned, and in 2009, less than 2% were REOs.
The final interesting point in analyzing the data is the decrease in inventory of new construction. It’s a fact–buyers prefer new properties. In 2011, 13% of sales were new construction. Compare that with over 24% in 2010 and it’s easy to see that the brand-new Steamboat homes, condos and townhomes buyers like is rapidly being absorbed by the market.
If you are considering a real estate purchase in Steamboat, give us a call at 970-819-6372 to discuss your goals. Even though prices haven’t started rising…yet….we’re seeing the signs that the market might be ready to turn.
Steamboat Real Estate Average Sales Price
Search ALL Steamboat properties for sale here, or call us at 970-819-6372 to talk about your real estate goals.
Posted: February 16th, 2012 under Market Reports.
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Colorado Resorts Real Estate Comparison
It’s no secret that Colorado resort markets haven’t exactly had stellar performances the past few years. Sales volume is no where near what it was before the Great Recession started. What people find hard to believe is that there is still a lot of Steamboat real estate changing hands. In Routt County, which has a year-round population of roughly 20,000 people, over $450 Million in real estate changed hands last year through 1398 transactions.
Here is a chart that shows the gross sales transactions from 2004-2011. It tracks the real estate bubble as it forms and bursts. Interestingly, the last three years are fairly flat in most of the resort markets, so it will be interesting to see how many more years will remain flat before volume increases.
Colorado Resort Real Estate Sales
Search ALL Steamboat properties for sale here, or call us at 970-819-6372 to talk about your real estate goals.
Posted: February 15th, 2012 under Real Estate.
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Steamboat Real Estate Sales in Jan 2012
Over $10M in Steamboat real estate single family homes changed hands in January 2012. The $10M represented 13 sales ranging from a Red Hawk Village home in Stagecoach to a luxury home in Catamount Ranch. The average selling price was $781,692 with a median sale price of $445,000.
Area Development Address Asking Price Sold Price REO Bank Owned Y/N
3-MOUNTAIN AREA Mount Werner Meadows Amended 3355/3357 Apres Ski Way $360,000 $360,000 Yes
SOUTH OF HAYDEN None 11505 US 40 $950,000 $800,000 No
2-FISH CREEK AREA Mountain View 612 Meadowbrook Circle $1,000,000 $938,000 No
3-MOUNTAIN AREA Ski Ranches Subdivision 2835 Alpenglow $475,000 $450,000 No
3-MOUNTAIN AREA Running Bear 2100 Bear Drive $939,000 $880,000 No
5-WEST STEAMBOAT Riverside Subd 2578 Riverside Drive $350,000 $315,000 No
5-WEST STEAMBOAT Heritage Park 40184 Lindsay Dr. $304,900 $319,500 Yes
5-WEST STEAMBOAT Steamboat II Subdivision 40480 Anchor Way $465,000 $445,000 No
NORTH ROUTT Captains Cove 23628 Routt County Rd. #62 $325,000 $276,500 No
NORTH ROUTT Dutch Creek Guest Ranch
61565 RCR 62 $2,000,000 $1,455,000 No
SOUTH VALLEY Catamount Ranch LPSE 33800 Catamount Drive $4,750,000 $3,475,000 No
STAGECOACH Red Hawk Village At Stagecoach 23540 Sagebrush Circle $199,000 $180,000 No
Search ALL Steamboat properties for sale here, or call us at 970-819-6372 to talk about your real estate goals.
Posted: February 4th, 2012 under Uncategorized.
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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 Development | Address | Asking Price | Sold Price | Acres # |
|---|---|---|---|---|
| Boulder Ridge | Lot 16, 250 Boulder Ridge Road | $547,900 | $399,000 | 0.38 |
| Canyon Valley Ranch | TBD Eastridge Trail | $195,000 | $125,000 | 35.99 |
| Catamount Ranch LPSE | TBD Catamount Drive | $1,195,000 | $810,000 | 5.99 |
| Country Club Highlands | 2150 Clubhouse Drive | $298,000 | $250,000 | 0.32 |
| Eagles View Subdivision | 1015 Anglers Drive | $995,000 | $800,000 | 1.25 |
| Fairview Add Ss | TBD Saratoga Ave | $100,000 | $112,500 | 0.22 |
| Marabou Ranch | 26725 Wooly Chaps Lane | $998,500 | $998,500 | 7.4 |
| Marabou Ranch | 41325 River Vision Way | $950,000 | $1,005,000 | 6.13 |
| Metes & Bounds | TBD RCR 52E | $149,000 | $122,000 | 38.16 |
| Metes & Bounds | 20390 Hwy 40 | $280,000 | $223,750 | 35 |
| Metes & Bounds | TBD Thorpe Mtn. Road | $375,000 | $375,000 | 37.08 |
| Metes & Bounds | TBD Upper Huckleberry Lane | $465,000 | $415,000 | 5.14 |
| Metes & Bounds | TBD RCR 36 | $995,000 | $575,000 | 35.02 |
| Metes & Bounds | TBD RCR 44C | $595,000 | $595,000 | 41.15 |
| Metes & Bounds | TBD E RCR 61 | $1,100,000 | $727,500 | 922 |
| Metes & Bounds | TBD near The Quay | $795,000 | $1,100,000 | 41.73 |
| Metes & Bounds | TBD RCR 16 | $5,500,000 | $4,374,180 | 2,000.00 |
| Moonhill High | TBD RCR 129 | $250,000 | $250,000 | 43.01 |
| Moonhill High | TBD RCR 129 | $350,000 | $300,000 | 41.51 |
| Moonhill High | TBD RCR 129 | $335,000 | $335,000 | 74.49 |
| More Ranch | 40150 Bumpy Trail | $1,495,000 | $1,100,000 | 55.22 |
| None | 22950 RCR 212 | $149,000 | $120,000 | 10.96 |
| None | TBD Grouse Creek Park Rd | $155,000 | $130,000 | 10 |
| None | 60250 CR 209 | $3,250,000 | 219 | |
| Other | TBD RCR 80 | $348,000 | $261,000 | 174 |
| Other | 36.007 Thorpe Mtn Rd. | $350,000 | $330,000 | 36 |
| Other | TBD County Road 129 | $575,000 | 68.74 | |
| Other | 000 County Road 41 | $749,000 | $814,000 | 174 |
| Other | TBD RCR 80 | $1,216,500 | $939,000 | 811 |
| Other | 41680 Routt County Road 44 | $1,975,000 | $1,050,000 | 122 |
| Other | 17 Madison Ave. | $1,295,000 | $1,070,300 | 0.41 |
| Other | TBD Intersection of RCR 33 & RCR 37 | $1,900,000 | $1,700,000 | 1,155.00 |
| Red Creek Subdivision | 59249 Button Willow Drive | $449,000 | $385,000 | 57 |
| Rendevous Trails Subdivision | 2493 & 2529 Ridge Road | $1,150,000 | $625,000 | 2.11 |
| Riverside Subd | 2750 Honeysuckle Lane | $149,000 | $130,000 | 1.89 |
| Running Bear | 2155 Bear Drive | $425,000 | $400,000 | 0.96 |
| Sanctuary The Subd | 662 Steamboat Blvd | $265,000 | 0.68 | |
| Sanctuary The Subd | 1115 Steamboat Blvd | $359,000 | $325,000 | 0.47 |
| Sanctuary The Subd | 2550 Heavenly View | $425,000 | $355,000 | 1.16 |
| Sanctuary The Subd | 3184 Aspenwood Circle | $485,000 | $379,000 | 0.5 |
| Sanctuary The Subd | 2239 Golf View Way | $575,000 | $490,000 | 0.81 |
| Sanctuary The Subd | 2201 Golf View Way | $595,000 | $535,000 | 0.46 |
| Sanctuary The Subd | 2853 Golf Stream Court | $575,000 | $625,000 | 0.66 |
| Sidney Peak Ranch | 30265 Marshall Ridge | $499,000 | $400,000 | 40.15 |
| Silverview Estates | 27627 Silver Spur St. | $149,900 | $105,000 | 0.35 |
| Silverview Estates | 27639 Silver Spur St | $149,900 | $105,000 | 0.35 |
| Silverview Estates | 27558 Silver Spur Street | $184,900 | $160,000 | 0.33 |
| Spring Creek Meadows | TBD Amethyst Dr. | $319,000 | $250,000 | 0.67 |
| Steamboat Barn Village | Lot 54 TBD | $403,150 | 0.58 | |
| Steamboat Lakes | TBD Beaver Canyon Drive | $129,000 | $103,000 | 17.11 |
| Steamboat Lakes | TBD Golden Tide Place | $149,000 | $130,000 | 5.32 |
| Trails Edge Subdivision | 2775 Trails Edge | $1,995,000 | $1,575,000 | 1.22 |
| Tree Haus | TBD Tree Haus Drive | $150,000 | $132,500 | 0.4 |
| Tree Haus | TBA Annanina Way | $194,000 | $161,900 | 0.33 |
| Willett Ridge Subdivision | 921 Palo Verde Lane | $199,000 | $155,000 | 0.45 |
Search ALL Steamboat properties for sale here, or call us at 970-819-6372 to talk about your real estate goals.
Posted: January 18th, 2012 under Market Reports.
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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 Development | Address | BR | Asking Price | Sold Price | % Asking Price to Sold Price |
|---|---|---|---|---|---|
| Pioneer Village | 1482 Conestoga Cir | Four | $300,000 | $290,000 | 97% |
| CrawfrdAddtoSS | 131 Park | Three | $320,000 | $320,000 | 100% |
| Deerfoot Height | 54 Woods | Four | $379,000 | $365,000 | 96% |
| Crawford Subdivision | 2 Logan Ave | Two Plus | $499,900 | $450,000 | 90% |
| Willett Heights Subdivision | 699 Amethyst | Four | $536,500 | $485,000 | 90% |
| Willett Heights Subdivision | 671 Amethyst Drive | Four Plus | $645,000 | $604,500 | 94% |
| Steamboat Point Subdivision | 404 Alpine Ct | Three | $284,900 | $291,000 | 102% |
| Mountain View | 632 Meadowbrook Circle | Three Plus | $849,900 | $798,000 | 94% |
| Silver Spur/ Estates | 27768 Winchester Trail | Four Plus | $399,000 | $375,000 | 94% |
| Other | 42850 County Road 129 | Five | $459,000 | $445,000 | 97% |
| Deer Mountain Estate | 42401 Deer Road | Five | $789,900 | $735,000 | 93% |
| Elk River Mountain Ranch Subdivision | 44955 Diamond Back Way | Five Plus | $1,225,000 | $1,050,000 | 86% |
| Quaker Mountain Ranch | Lot 9 Quaker Mountain Ranch | One Plus | $245,000 | $190,000 | 78% |
| Steamboat Lakes | 57765 Saturn Court | Three | $145,000 | $150,000 | 103% |
| Other | 57430 Golden Tide Place | Two Plus | $186,000 | $155,000 | 83% |
| Big Valley Ranch | 28800 Skyline Drive | Four | $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.
Posted: January 11th, 2012 under Market Reports.
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