REAL ESTATE & MOUNTAIN LIFESTYLES | July/August 2014
ENHANCE
YOUR OUTDOOR SPACES
HOME FRONT Visit summitdaily.com/realestate to read our tablet and desktop edition.
MARKET REPORT
DESIGN & STYLE Summitdaily.com/realestate
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PROPERTIES OF THE SUMMIT Each office is independently owned and operated.
Welcome Home
NEW RESIDENCES AVAILABLE AT ONE SKI HILL PLACE!
Custom built 3 bed 2.5 bath on .28 acres w/2 car garage | $849,00
Disclaimer: I am an independent licensed real estate broker affiliated with Re/MAX and am not the listing broker of One Ski Hill Place.
224 CAMRON LANE, BRECKENRIDGE BUILDING SITE Peaceful country setting with dramatic mountain views. Backcountry enthusiast’s dream, 9 miles to downtown Breckenridge.
OWN THIS UNOBSTRUCTED VIEW OF LAKE DILLON & KEYSTONE SLOPES Prospector Village TH in Wildernest. 5 BD, 5 BA Furnished. Granite. Marble, Wood floors. 2 car gar. 2 FP. Decks. Pool/Hot Tubs. Rental Income.
Nancy Burniche
Certified Luxury Home Marketing Specialist 970.389.1212 Nancy@NancyBurniche.com REMAX Properties of the Summit 220 S Main St Breckenridge 2
Summit County HOME | JULY/AUGUST 2014
Quiet neighborhood, Walk to town yet feel away in the forest. Built as developer’s owner home, many custom upgrades lots of storage. It’s a winner!
Do you have a room with a view? New baths, new kitchen, manufactured woodflooring, new flat screen tv, new windows, lake views, just perfect and ready to move in!
Voyd J. “Butch” Elich II Broker Associate 970.389.4005 RE/MAX Properties of the Summit 305 Main Street, Frisco butch@elich.com
Call Butch Today for a Showing!
SOLD
51 Thackwell Lane, Keystone $799,890 3 Bedroom 3.5 Bath High-end Duplex Adjacent to Snake River wetlands.
THE BERGMAN’S Making “Mountain Dreams” a Reality since 1970
The Bergmans, 1957: Lolly, Keystone Founder - Bill Sr., Bill Jr., and Jane
Pines Condo #2139 at Keystone $349,500 2 Bedroom 2 Bath + Den 1,495 square feet On the Snake River and 6th hole of River Course.
The Tradition Continues: Bill Bergman Jr.
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Bill Bergman · MBA BROKER ASSOCIATE 120 Buffalo, Dillon, CO (720) 291-3299
REAL ESTATE AT A HIGHER LEVEL
bill@novaknelson.com Summitdaily.com/realestate
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Elevated Resort Living
Spacious condo in Keystone. Abundant natural light, shuttle to ski lifts. 4 bed/3 bath, 1718 +/- sq. ft. Trappers Crossing 8755. $595,000
1871 Peregrine - Eagles Nest - 4 bed 4.5 bath 2466 sq ft Offered at $635,000. Voluminous vaulted ceilings in the great room with handsome rock hearth and huge picture windows with wonderful mountain views.
Keystone Ski Slope Views and walk to the Gondola. Red Hawk Townhomes Unit 2349. $749,000. 3 bed/3 bath 1694 sq ft. New carpet, paint and professionally staged.
311 Red Hawk Circle, Eagles Nest, Silverthorne. 4 bed/4.5 bath + 2 large Studies Offered at $1,100,000 - True Colorado Mountain Home.
Laurie Williams
A Managing Broker RE/MAX Properties of the Summit 970.485.3994 Laurie@SummitCountySkiProperty.com SummitCountySkiProperty.com Newly completed luxury paired homes with slope views. Sanctuary at Keystone Units 17 & 18. $819,500 and $840,000. 3 bed/2.5 bath. 2180 sq ft. 2 living areas. Keystone.
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Parade of Homes award-winning residence. 3,751 sq ft. 4 Bed/4 Bath. at $1,225,000.
Ensign Dr.,| Corinthian Hill.2014 Offered Summit 353A County HOME JULY/AUGUST
730 Willowbrook - 6 Bed/6 bath 5107 sq ft Offered at $1,365,000. Soaring dimensions of roof line, huge log trusses, stone & wood come together to create a home of awe & beauty.
Saddle Ridge Townhomes in Silverthorne for $379,900. 3 Bed/3 Bath. Family Room 1 car garage ~1,900 sq ft. All new stainless appliances. Perfect get away!
Lovely Condo. Privacy, Views and Best Location at Keystone! Walk to village, activities, shops and dining. Spacious 3-bed/3-bath, 1900 +/- sq ft w/ attached garage. Exquisite furnishings included. Red Hawk Townhomes, River Run Village. Now Offered at $919,000
Kouri Wolf
MRE Broker Associate RE/MAX Properties of the Summit 970.333.0303 Kouri@kwolfrealestate.com KWolfRealEstate.com Luxury at Keystone Ranch Golf course for $1,895,000. 326 Mountain Bluebell 6 Bedroom / 4 Bath / 4,539 +/- Sq Ft. Panoramic Views, Open Floorplan, Gourmet Kitchen.
Lovely condo with townhome style living.Ski run views,only a few steps to all Keystone activities. Quiet community of Snake River Village #33. 1,085 sq ft 2 bed/2 bath/garage, furnished. Offered at $419,900.
6561 Settler’s Creek Townhome for $320,000 1/2 ownership. 3 Bed/3 Bath/1585+/- Sq Ft 1 Car Attached Garage. Very sunny, private, great views, steps to free shuttle.
Beautiful condo in quiet Frisco location. Spacious 3 bed/3 bath +loft/ one car garage. 1,834 sq ft. Drake Landing # D-6. Offered at $539,000.
New Development in Breckenridge: Peak Ten Bluffs. Starting at $1,282,500 Now Under Construction! 3 Bed/ 3.5 Bath/2,823 +/- Sq Ft. Family Room, Two Car Garage, Views, luxury interiors,Summitdaily.com/realestate mountain design. 5
Build with Us. Stay with Us.
BUILDER Magazine’s 2012 AmericA’s Best Builder 6
Summit County HOME | JULY/AUGUST 2014
New Construction & Renovations
Luxury Rentals & Property Management
335 North Main Street Breckenridge, Colorado | 970.453.0727 | pinnaclebreckenridge.com Summitdaily.com/realestate
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WELCOME
CONTENTS
matt sandberg Publisher MAGGIE BUTLER Advertising Director ASHLEY KUJAWSKI, Cindy Boisvert, meredith metz Account Managers Jessica Smith Editor afton Groepper Creative Team Supervisor ASHLEY DETMERING Art Director CARLY HOOVER, Malisa Samsel, Darin bliss Production & Design
Summit County Home is published monthly by Colorado Mountain News Media, 40780 U.S. Hwy 6 & 24, Avon, CO, 81620. No part of this publication may be reproduced without the express written consent of the publisher. ©2013 Colorado Mountain News Media.
10 MARKET REPORT May monetary volume is up 13% from May 2013. 12 FACES & PLACES Snapshots from around Summit County. 15 THE GREAT
23 INDUSTRY Higer rental rates in Summit County. 28 PROPERTY
Making the most of your outdoor space.
SPOTLIGHT
Majestic Manor on Peak 8, Breckenridge.
32 SERVICE
DIRECTORY
An extensive list of local professionals, brokers and REALTORS®.
33 TRANSACTIONS Summit Real Estate Transactions, June 2014.
ON THE COVER This Breckenridge home includes a spacious deck and patio. PHOTO COURTESY PINNACLE MOUNTAIN HOMES, BRECKENRIDGE
34 THE VIEW A colorful summer scene of the Gore Range.
PHOTO: THINKSTOCK
OUTDOORS
20 DESIGN & STYLE Painting your oasis.
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Summit County HOME | JULY/AUGUST 2014
OPEN HOUSE DAILY! 1 TO 5PM
CLEARLY, SOMETHING IS CHANGING ON MAIN STREET. Living at Water House puts Breckenridge at your feet. The town. The mountain. Walk straight from your door to the Peak 9 QuickSilver Super6 lift. Water House on Main Street is starting its final phase of luxury living that captures the heart and soul of Breckenridge… and then some. Don’t miss out. Contact your local broker or visit our sales center at Slifer Smith & Frampton Real Estate 117 S. Main Street, Breckenridge. CO 80424 waterhouseonmainstreet.com 970.453.9090
market report
MAR KET PER SPECTI VE
historical Transaction breakdown
YTD GROSS VOLUME BY YEAR
- number of residental transactions, year to date -
MARKET SNAPSHOT
491
505
2013 YTD
2014 YTD
405
2012 YTD 2012 $205,416,600
2013 $250,304,400
2014 $266,433,406
May monetary volume ($91,569,106) is up 13% from May 2013. Transactions volume is up 10% from May 2013. Inventory is low in Summit County compared to years past, but YTD pricing is stronger with less transactions.
The most active price points in May were between $200k-$400k. May had 58 Single family, 94 Multi-family and 7 Vacant land transactions.
PURCHASER HIGHLIGHTS SECOND HOMEOWNERS TRANSACTIONS YTD 2014 34% OUT OF STATE 45% FRONT RANGE 20% LOCALS 1% INTERNATIONAL
2014 AVERAGE PRICE HISTORY
Single family is $851,387 YTD
Multi-family is $369,036 YTD
Vacant Land is $376,803 YTD
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Summit County HOME | JULY/AUGUST 2014
COURTESY OF LAND TITLE
Average Residential pricing for
Wildfire policies & cost WILDFIRE POLICY COULD INCREASE THE COST OF HOMEOWNERSHIP Wildfire preparedness and risk mitigation are shared responsibilities that should be achieved through education and incentives, not via unreliable risk ratings and expensive mandates on property owners. The Governor’s Wildfire Task Force last year met and submitted multiple policy recommendations for preparedness and mitigation. Some advocated for further property owner education and monetary incentives to aide property owners with the costs for mitigating the inherent risks of living in our beautiful Wildland Urban Interface (WUI) areas, of which a vast majority of Summit County homeowners reside. These are recommendations that have been considered by the Colorado Legislature because they represent targeted and reasonable policy solutions which should serve to change property owner behaviors over the long term and have lasting positive effects. However, the report also contains numerous recommendations with the potential to impact real estate, hom ownership, transactional costs, and insurance availability and cost. Unfortunately, some of the recommendations could stigmatize older homes and lower their property values. Some of the more concerning recommendations include: • A risk disclosure requirement for homes in the WUI. • Mandatory risk mitigation audits
that will raise the costs of homeownership and property transfers. • Mandatory mitigation (defensible space) efforts prior to selling a home. • Higher property taxes for homes in the WUI, veiled as property assessments, which also decreases a buyer’s purchasing power. The Colorado Association of REALTORS® and Summit Association of REALTORS® believe instead that combining education and outreach with monetary incentives (e.g., tax credits or deductions, low interest loans) for homeowners willing to undertake improvements that reduce wildfire risk, such as the creation of defensible space, can ensure that homeowners have the knowledge and means to mitigate wildfire risk over many years. Whether it is state or local government evaluating possible policies, these principles should always be at the forefront of their minds and inform their decisions. REALTORS® understand our role as protectors of homeownership and property rights, and believe it is vital to help those vulnerable to risk achieve that shared responsibility by becoming the conduit by which property owners can educate themselves and advocate for incentives and constructive, yet voluntary, efforts that will have long term, positive impacts.
wildfires & insurance SUMMIT COUNTY: WILL WILDFIRE & INSURANCE POLICIES AFFECT YOU? VOLUNTARY WILDFIRE MITIGATION IS A MUST OR HOMEOWNERS MIGHT HAVE TO PAY Summit County has the most homes and properties in the Wildland Urban Interface (WUI) in the State. We are at risk for higher insurance premiums or cancellation, possible legislation that would require disclosures at point-of-sale, or wildfire mitigation requirements prior to transfer of title. The Summit Association of REALTORS® and local realtors are working to educate clients on how to be proactive without mandates. The message we would like to stress is how important this issue is for homeowners whose properties are directly affected by the WUI with regards to property insurance. Not only do local authorities
want homeowner cooperation and participation in the mitigation process, but the insurance companies are demanding it. If the property owner does not comply with mitigation recommendations, they may find as a result, that their insurance company will not renew their homeowners policy or their annual premium may increase to an unaffordable level. If you are trying to sell a house that is affected, insurance companies may refuse to insure the new Buyer’s purchase. Being proactive and spending some money upfront to mitigate could potentially save many thousands of dollars per year thereafter at the very least.
Summit County is working to promote increased fire mitigation and defensible space. A chipper will be going through the neighborhoods at no cost to homeowners in order to remove cut trees. Please check www.co.summit.co.us/chippingprogram to find out when they’ll be in your neighborhood.
wildfire preperation TIPS FROM LAKE DILLON FIRE-RESCUE A fact of living in the high country is the annual threat of wildfire. Lake Dillon Fire urges residents here to take steps now to be prepared in case of a major wildfire in Summit County. First, prepare yourself and your family with an evacuation kit. Second, document your valuable possessions and check that your insurance is adequate for the possibility of losing everything. Third, carve defensible space around your home and harden it from embers. When wildfire strikes, you may have only minutes to escape. At that point, you don’t have time to think about what you want to take with you, much less time to better protect your home and possessions. Prepare an evacuation kit and keep it in your vehicle from May through November. Make sure that every member of the household knows how to reach each other in case of an evacuation, perhaps by checking in with a friend or relative in another area. Cell phones may not work in a catastrophe. Schedule an annual review with your insurance agent to determine if your coverage is adequate – not only for property loss but also for total replacement and rebuilding costs. Document your valuable possessions by taking photographs of them and storing those on the internet cloud or on a disc kept in a safety-deposit box or at a relative’s home in another community. Do the same with photocopies of vital documents such as birth certificates, driver’s licenses, Social Security cards, credit cards and insurance documents.
Register for free emergency text and e-mail messages at SCAlert.org.
HOMEFRONT
SOCIAL GALLERY
&
FACES PLACES Dylan Moore, pointing, admiring the action earlier this month with his grandfather during the “Highest Show on Earth” at Lake Dillon. photo credit: Joe Moylan.
TOP LEFT: SECOND SERVING OF CRAWFISH, CORN AND POTATOES DURING THE NATIONAL REPERTORY ORCHESTRA FUNDRAISER EARLIER THIS MONTH AT MOUNTAIN HOPE FOUNDATION BARN. PHOTO CREDIT: JOE MOYLAN. BOTTOM-LEFT: A MAN CROSSES THE FINISH LINE AT RUN THE ROCKIES WITH HIS DAUGHTER. CREDIT: SEBASTIAN FOLTZ. BOTTOM-RIGHT: SWIMMERS OF ALL AGES PARTICIPATED IN THE GUINNESS WORLD RECORD ATTEMPT FOR THE WORLD’S LARGEST SWIMMING LESSON ON FRIDAY, JUNE 20. THE SILVERTHORNE RECREATION CENTER WAS AN OFFICIAL HOST SITE FOR THE WORLD RECORD ATTEMPT. PHOTO COURTESY SILVERTHORNE RECREATION CENTER.
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TOP LEFT: DAVID KAROLY AND BRIAN MCLAUGHLIN POSE AT THE LIVE LOCAL EVENT TOP RIGHT: TROY MARGELOFSKY, JOHN PFEIFFER AND MICHAEL LYTLE COOL DOWN WITH SOME DRINKS AT THE LIVE LOCAL EVENT. BOTTOM RIGHT: KIJAH HANSON, KARYN CONTINO, TONIA STEELE, JONATHAN NIXON (ALL BROKERS FOR SLIFER SMITH & FRAMPTON) HOLD DOWN THE BOOTH AT LAKE DILLON BREW FEST.
Party attendees at the Live Local Slifer, Smith & Frampton party celebrating the local tastes and lifestyle of living in Summit County
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PROPERTIES OF THE SUMMIT Each office is independently owned and operated.
Mary D. Brooks Broker/GRI/CRS Realtor-Stager Frisco 4 BD + Family Room Townhome $449,000 — Upgraded 3 blks to Main Street. Great Rental Property!
Fairplay 3 BD Home Beautiful Views $199,500
$2,149,000
Gated Community 6 BD Ruby Ranch Cedar Log Estate Home Theater Library Wine Cellar Great Views
Easy Drive to Breck!
Amon Team
Mary Brooks
Brokers/GRI/CRS/Realtor-Stager 970-390-6160 | maryb@colorado.net www.breckenridgehouses.info Breckenridge Office Great Rental Property!
Bret Amon
970-376-3813 www.amonteam.com 220 S Main St, Breckenridge
4 BD/4 Bath River Run Village
5 BD + 3.75 Bath Charming SFH on Large Corner Lot
Top Floor Penthouse in Silver Mill! $899,999
Finished Basement, Private Patio Fit for Hot Tub
$795,000
Willows with vaulted ceiling!
John Pringle
Keystone Village lakefront two bedroom! Close to Conference Center! $309,000
Keystone Specialist 970-389-0645 | johnpringle2@msn.com www.KeystoneResortRealEstate.com 135 Dercum Drive, Unit 6, Keystone
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Summit County HOME | JULY/AUGUST 2014
Catheryn Carlson
970-333-8102 | catheryncarlson@remax.net www.catheryncarlson.remax-mountainstates.com
Two Convenient Summit County Locations
Breckenridge
Frisco
970.389.3019
970.668.3000
220 S Main St. Breckenridge, CO
305 Main St. Frisco, CO
HOMEFRONT
OU TSIDE SPACES
ENJOYING THE
great outdoors by
JESSICA SMITH
HAVING A HOME IN THE ROCKY MOUNTAINS
isn’t like having a home anywhere else. Summit County offers proximity to resorts and all the activities they have available on the one hand, and access to raw wilderness and natural peace and quiet on the other. While in the winter there’s nothing like curling up in front of the fireplace after a long day of being out in the snow, the rest of the time, homeowners want to enjoy the location of their residence. In short, people in Summit County don’t move here to stay indoors. We talked to some local experts about how homeowners can make the most of their outdoor spaces, and take full advantage of those sweet summer days in the High Country.
MAKING THE MOST OF YOU R OUTS IDE S PACE
MEALS OFTEN MOVE OUTSIDE DURING THE SUMMER MONTHS. PHOTO COURTESY MOUNTAIN COMFORT FURNISHINGS (LEFT). PHOTO FROM THINKSTOCK (RIGHT).
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HOMEFRONT
OU TSIDE SPACES
WHERE TO START
TOP: THE ADDITION OF AN OUTDOOR RUG AND HEATING ELEMENT BRINGS THE COMFORT OF INSIDE TO THE OUTDOORS. CREDIT THINKSTOCK ABOVE: FIREPIT. PHOTO COURTESY MOUNTAIN COMFORT FURNISHINGS.
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Tracey Egolf of Egolf Designs in Breckenridge suggests viewing outdoor space design with a similar perspective as indoor space. “I like to approach an outdoor deck or patio as I would a room — what are the views that you will orient seating toward? What will the main activities be? Where are the desirable sunny and shady areas? At what times of day and how do they affect the use of the area?” she replied by email. “We have created amazing outdoor living spaces even with the challenges that the high-altitude mountain environment can present. “Fire pits, outdoor fireplaces, or heaters can extend the use of a deck or patio, as we soon find out that temperatures drop quickly as soon as the sun goes behind a cloud or dips behind the mountains. With one client we tucked an outdoor dining table under a roof overhang, added an outdoor fireplace with supplemental heaters to create a striking outdoor dining room. With another client we arranged comfortable lounge seating around an outdoor fireplace that both created a warm focal point and sheltered guests from prevailing winds. Another client opted for a three-season room with expansive fold-away doors and screens and an indoor/outdoor fireplace to expand the livability of their deck. Fire pits are a great addition to lure kids and adults outside during the chillier evening hours.”
The experts at Mountain Comfort Furnishings in Frisco agree with this approach. “Outdoor living areas are an extension of the home. Generally an outdoor deck or patio should be as inviting as the interior. Creating layers of texture and color help achieve that comfortable space.” Mountain Comfort suggested additions such as an outdoor rug (“today’s outdoor rugs are very durable and come in natural fibers, resilient materials in many colors and are even reversible”), furniture, candleholders or lanterns. “Heat is definitely a big one,” said Karen Wray, of Mountain Log Homes & Interiors in Frisco, of important aspects of outdoor spaces. Options such as fire pits and outdoor heaters have also become more accessible to homeowners in the past years, she added, from wider price ranges to a multitude of customizable options. “Something that only a restaurant could afford years ago, now you and I can afford in our residential,” she said.
WHAT IF THERE’S WIND?
A little extra wind can cool off an otherwise warm day, or create a little extra chaos at an outdoor eating area, and the mountains have plenty of wind to go around. Still, all is not lost. Wray suggests putting plexiglass along deck railings, something that she has seen work with 70 mph winds at a residence near Steamboat. “It’s clear, so you don’t lose your views and everything, but it will let you sit out,” she said. Location of the deck is important as well, as some areas will be more likely to feel the wind than others. “Ideally, if you’re going to start from scratch and build your deck and build your house, you want to put your decks and patios on the south and west sides (to block the wind),” she said. “But sometimes the way your lot is, it’s not always an option.” Egolf suggested the use of alcoves, screens or trees to dull any windy blasts. “Sometimes building a taller rock fireplace feature can create a warm alcove and help shelter a windy spot,” she wrote. “With one client we built tall acrylic screens off of their hot tub deck to cut the wind and still allow clear access to the fabulous Gore Range views. Coniferous trees can also create a natural windbreak.” Wind can affect all those decorative additions as well. “Choose heavy teak or cast iron materials to keep the furniture from blowing away,” offered Mountain Comfort. “Many of today’s options either come in colorful painted finishes or have straps or ties that keep cushions from taking sail. Concerned about a rug blowing away? Try out a stained, stenciled or painted area in the shape of a rug to help define the area.”
TOP: EGOLF SUGGESTS UMBRELLAS AS A SIMPLE WAY TO CREATE SHADE. BOTTOM: ADDING PLEXIGLASS ALONG THE RAILING OF A PORCH ALLOWS HOMEOWNERS TO ENJOY THE DECK AND VIEWS WITHOUT BEING HAMMERED BY THE WIND. PHOTOS COURTESY MOUNTAIN COMFORT FURNISHINGS.
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HOMEFRONT
OU TSIDE SPACES
Egolf had an additional suggestion. “Framing a view with plantings and potted arrangements can help.” If there’s not much of a view to speak of, Mountain Comfort had some advice. “Decide on what you would like to be the focal point: outdoor art, a stand-alone fountain, potted plants, artificial grass or the furniture and tabletop décor.”
GROWING TRENDS
ABOVE: ACCORDING TO MOUNTAIN COMFORT EXPERTS, “OUTDOOR LIVING AREAS ARE AN EXTENSION OF THE HOME. GENERALLY AN OUTDOOR DECK OR PATIO SHOULD BE AS INVITING AS THE INTERIOR.” CREDIT: PINNACLE MOUNTAIN HOMES, BRECKENRIDGE RIGHT: DECORATIONS LIKE THESE PINE LANTERNS ADD EXTRA FLAIR TO OUTDOOR SPACES. CREDIT MOUNTAIN COMFORT FURNISHINGS. OPPOSITE PAGE: OUTDOOR BRICK OVENS ARE A HOT TREND. CREDIT THINKSTOCK.
WHAT IF THERE’S TOO MUCH SUN?
Dealing with sun can be similar to dealing with wind, Wray said. “There’s a lot you can do with retaining walls and landscaping.” Some of her clients have built up rock walls that not only act to stabilize their lot and keep mud and dirt from sliding onto the outdoor patio areas, but protect from wind and sun, and provide some privacy from neighbors. “The simplest solution is the use of umbrellas, but fold-out awnings are a great solution as well,” Egolf suggested. “It can also help to evaluate landscaping to see if strategically locating trees will make a hot, sun-beaten deck more comfortable in the summer. Pay attention to whether deciduous or coniferous trees should be used, as that hot sun can be a blessing on a cold winter’s day.”
THE VIEW
Whether you have a spectacular mountain view or not, furniture arrangement is key, according to the experts. Mountain Comfort wrote, “It’s all about the arrangement. Choose your favorite view and use it as if it were the focal point in a room. Arrange the furniture to be a conversational distance from each other but draw the eye to the view. The rest will fall into place. “
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Wray has noticed a number of trends when it comes to decks, patios and outdoor spaces. One is the type of material used. “I’m seeing people really get away from natural wood because of the maintenance. The composite products have really completely taken over,” she said. This is because natural elements take more care than the synthetic. “After a few winters of trying to keep the stain, the deck looking good after snow sat on it a few winters, people are really liking the idea of having a composite product that needs no maintenance.” The big favorite for outdoor additions, currently, is kitchens. “I also see a pretty big demand for outdoor kitchens now,” she said. “You can even get a pizza oven that’s on a propane tank.”
UNIQUE LOCATION
Summit County isn’t like many other places in the country, which means it requires a specific approach to its outdoor spaces. “Some unique aspects of outdoor areas in Summit are that the plants and materials need to withstand large temperature swings and intense UV exposure daily,” wrote Mountain Comfort. “Luckily today’s new materials, fabrics and plant hybrids can provide for gorgeous and functional outdoor living spaces suited to our unique climate.” The weather is important too, Egolf added. “The weather extremes can make outdoor spaces challenging. When the sun is out the radiant temperatures can soar; when the sun goes down the temperatures can quickly drop 20 degrees or more. Wind, snow and ice, thunderstorms, all contribute to shortened outdoor living times,” she wrote. “Perhaps because of these limitations, though, mountain residents seem to truly cherish and enjoy their decks and patios to the fullest.”
PROPERTIES OF THE SUMMIT Each office is independently owned and operated.
Timberline Cove
O U R E X PERTS Tracey Egolf Eg o l f I nte r i o r s
3 BD / 3 BA $659,000
Alder doors, granite countertops, stainless steel appliances, floor-to-ceiling rock fireplace.
Top Floor, 2 Bedroom
w w w.Eg o l f I nte r i o r s.c o m
Mountain Comfort Furnishings 5 07 S u m m i t B l vd, Fr i sc o (970) 6 6 8 - 3 6 61 w w w.M o u nta i n C o m fo r t Fr i s c o.c o m
Karen Wray M o u nta i n Lo g H o m e s & I nte r i o r s 619 E. M a i n S t re et, Fr i sc o (970) 4 6 8 - 8 6 8 3
2 BD / 2 BA $499,000
Frisco Main Street location with custom finishes. The living room stone fireplace takes center stage while French doors open to a private deck with mountain views
w w w.M o u nta i n - Lo g H o m e s.c o m
Timberline Cove
Breck Iron Works A local Summit County company, Breck Iron Works produces custom handmade fire pits of all sizes. The steel can be formed to replicate natural looking logs and stacked in a variety of arrangements, from teepee style to horizontal. For more information, contact Breck Iron Works directly. Location: 67 Continental Ct, Breckenridge Phone: (970) 453-1946 Website: www.FireOnDemand.com
2 BD+ Den / 2.5 BA $725,000 Elegant alpine ambiance with high-end finishes incl. granite countertops and floor to ceiling rock fireplace. Access the outdoors from this ground floor condo.
Lisa R. Angell
RE/MAX Properties of the Summit 220 S Main Street Breckenridge, COÂ 80424 970-389-7616 | O 970-453-7000 www.lisaangell.remax-mountainstates.com
DESIGN & STYLE
ALL-WEATHER ART
CREATING YOUR OWN Outdoor Oasis by JASMINE LISTOU BIBLE RIGHT: LOCAL ARTIST MARIANNA DUFORD HAS A STUDIO AT HER HOUSE IN SILVERTHORNE, BUT SHE ALSO ENJOYS PAINTING OUTDOORS, A TECHNIQUE CALLED ‘EN PLEIN AIR.’ PHOTO BY BEN TROLLINGER BELOW: “OXBOW RANCH” IS ONE OF DUFORD’S ALL-WEATHER PAINTINGS ON CANVAS THAT CAN WITHSTAND THE ELEMENTS AND BE DISPLAYED OUTDOORS. OPPOSITE PAGE: “GOODNIGHT” (TOP) AND “I’LL BE HERE” (BOTTOM) ARE EXAMPLES OF MARIANNA DUFORD’S PAINTINGS THAT ARE AVAILABLE AS ALL-WEATHER OUTDOOR CANVASES.
OUTDOOR LIVING SPACES have been gaining popularity in the design world — utilizing your patio, porch or a section of your yard to create an outdoor living room that allows you to spend more time outside. For Summit County residents, this trend makes perfect sense. With incomparable summers and stunning backdrops, we enjoy as much time outdoors as we can, basking in the gorgeous surroundings. When you begin to create your outdoor space, you want to make sure it’s comfortable, functional and visually appealing. Going beyond traditional metal patio chairs, designers are creating entire sofas, lounges and recliners with finishes that resemble indoor living rooms. There are weather-resistant fabrics in soft finishes that make outdoor lounging as comfortable as indoor seating. Add overstuffed pillows or poufs for extra enjoyment. Give a bit of thought to how you’ll be using your space. If it will serve as a breakfast spot, be sure to have sufficient table space. If drinks at dusk is
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Summit County HOME | JULY/AUGUST 2014
more your style, make sure you have a side table at arm’s length for each chair. Waterproof lighting makes it possible to enjoy your space later into the evening, and a string of café lights can cast a romantic glow to your yard. To make your space visually appealing, add a vibrantly patterned all-weather rug and accent pillows in outdoor fabrics for a pop of color. You can even hang artwork in your outdoor living space, thanks to local artist Marianna Duford. Duford has chosen some of her favorite pieces to create outdoor all-weather art. Beginning with one her paintings — oil, watercolor or acrylic, the image is digitally reproduced and printed onto artist canvas. The canvas is then coated with a waterproof lacquer and UV protection that keeps the painting safe from the elements and prevents fading for years. The canvas is stretched and wrapped onto bars made to withstand weather. The pieces come with a full two-year warranty, and Duford suggests keeping them in partially
shaded areas for even longer-lasting beauty. The canvases come in two sizes — 30” x 40” and 24” x 24”. One of the larger sizes would look great hung behind a bench on a porch. Or choose two coordinating images in the smaller size canvases to hang on trees surrounding your patio. To see how vibrant the colors appear on the canvas, head to Neils Lunceford Nursery in Silverthorne, where you can purchase the canvases during the summer months. During the remainder of the year you can order from Duford’s website. Duford currently offers 44 of her images on the outdoor all-weather art. With a portfolio of over 600 paintings, selecting her favorites was no small task. Duford, a Colorado native, has been living in and creating artwork in Summit County for the last 34 years. As the daughter of an artist, Duford grew up with a paintbrush in her hand, and never put it down. Constantly inspired by the beauty around her, she allows her surroundings to dictate the medium that she chooses. Some days it may
be acrylic paints or watercolor; other days she choses pen and ink or oil paints. The location of where she paints changes on a daily basis, as Duford is a plein air artist. “Plein air” is a French expression that means “in the open air” and is used to describe the act of painting outdoors. With just her easel and oil paints in hand, she seeks out a picturesque location and beings painting. Sessions can last anywhere from two hours to two days, depending on the complexity of the subject. “What better way to spend a day?” says Duford, whose love of outdoors radiantly shines through in her work, primarily landscapes. Duford has traveled the world, painting what she sees, allowing the viewer to travel along on her journeys. Her images reel you in and whisk you away to the cliffs of Portugal, the streets of Italy and the beaches of the Florida Keys. Her paintings created in Summit County cast a dreamy haze of perfection, a romanticized version of our beloved mountains. Revel in the beauty of each season in Summit — aspens in the fall, jagged snowcapped peaks of winter, vibrant wildflowers of spring and sunset boat rides in summer. To purchase her paintings and learn more about Duford, visit her website, www.MariannaDuford.com.
Conveniently located in Evergreen on the way to the mountains, directly off I-70 & Evergreen Parkway. 908 Nob Hill Road • Evergreen, CO 303.225.4660 | Rusticpoint.com Summitdaily.com/realestate
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Carbonate Real Estate Company TOM MALMGREN ~ CARMEN YONN
Copper Mountain, Colorado Tom Malmgren Owner/Managing Broker Realtor tjmalmgren@aim.com
970-968-6854 www.skicopper.net 1-800-526-7737 SELLING COPPER SINCE 1974
COPPER - CIRQUE FRACTIONALS
25% Deeded Ownerships starting at $99,000! Owners enjoy year round FREE on-site parking, use of pools, hot tub, fitness room, sports locker, showers & dressing rooms!
COPPER - COPPER SPRINGS LODGE
Located in Copper’s East Village. Fully furnished one bedroom condos from $239,000. Also 2 bd / 2 bath corner unit $359,000. Great amenities including 3 hot tubs, fitness room & heated garage!
COPPER - TOGWOTEE LODGE TOWNHOMES
22
Lowest priced townhome in Copper at $519,000!Gorgeous 2 bd / 2 bath / 2 level townhome with attached garage! See it TODAY! Summit County HOME | JULY/AUGUST 2014
Carmen Yonn Broker Associate Realtor carmenyonn@aim.com
COPPER - BEELER PLACE TOWNHOMES
Gorgeous high-end townhomes located between Copper’s Center Village & Union Creek! Pricing starts at $599,000 for 2 bedroom + loft with 2.5 baths & oversized attached garage!
COPPER - WOODS TOWNHOMES
Golf & ski townhomes in quiet resort neighborhood!2 great choices backing to Hole #11 of the Copper Creek Golf Course! Pricing starts at $658,000
COPPER- LEGENDS TOWNHOME
RARE opportunity in The Legends at Copper Creek! Very spacious 2 level / 4 bdrm + bonus room / 3 bath townhome backs to golf course & Super Bee Lift! Offered for $1,165,000
INDUSTRY
R EN TA L R AT ES
AVERAGE RENTAL RATE SPIKES STATEWIDE AS VACANCIES SEE A DOWNWARD TREND SUM M IT’S PROXIM IT Y TO FRONT R ANGE MAY EXPL AIN ITS H IGH R ENTS by JOE MOYLAN
Summitdaily.com/realestate
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INDUSTRY
R EN TA L R AT ES
RENTS IN COLORADO ROSE STATEWIDE in the first quarter of 2014, as job growth and housing demands continue to outpace new construction in many areas, according to the “Colorado Multi-Family Housing Vacancy & Rental Survey,” released recently by the Colorado Division of Housing. According to the survey — conducted by Ron Throupe, a University of Denver professor, and Jennifer Von Stroh, of Colorado Economic and Management Associates — the statewide average rent hit a new first quarter high of $1,026, up 8 percent from $950 during the first quarter of 2013. Rents increased during the first quarter despite a small uptick in vacancies statewide, according to the report. The vacancy rate during the first quarter of 2014 was 5.2 percent, up from 4.9 percent during the same period last year. But Ryan McMaken, communications director and economist for the Colorado Division of Housing, said the modest increase wasn’t enough to drive down rents, possibly due to the larger trend of steadily decreasing vacancy rates since 2004. In the last decade, Colorado has seen rental vacancies plummet from 11.2 percent during the first quarter of 2004 to 5.2 percent in 2014. The average rent has increased by about $250 during that time. “We’re seeing some increased construction, but it’s really been contained to a few pocket markets on the Front Range,” McMaken said. “We’ve also experienced several years of employment stability, which has contributed to the rising interest in rentals, especially multi-family units, for couples and small families who aren’t quite ready to buy.”
...LIVING IN THE MOUNTAINS ISN’T CHEAP... SUMMIT (COUNTY) IS THE SECOND MOST EXPENSIVE PLACE TO LIVE AMONG COMPARABLE RESORT COMMUNITIES. ONLY ASPEN IS MORE EXPENSIVE.
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Summit County HOME | JULY/AUGUST 2014
However, “new construction has been at the high end of the market, so we haven’t seen rising vacancy rates filter down to the medium- and low-rent units yet.” The first-quarter housing survey focused on the metro areas of Colorado Springs, Fort Collins, Grand Junction, Pueblo and Greeley. Due to budget cuts, the Housing Division doesn’t conduct its rural resort survey until the third quarter, McMaken said, but the report includes data going back to 2009. According to that data, living in the mountains isn’t cheap. Summit County residents probably already knew that, but what they might not have known is Summit is the second most expensive place to live among comparable resort communities. Only Aspen is more expensive.
I’VE ALREADY CONTEMPLATED LEAVING SEVERAL TIMES AND I’VE ONLY BEEN HERE SEVEN MONTHS. THEN I LOOK AROUND AT WHERE I LIVE. THAT’S THE ONLY THING THAT DRIVES ME TO STAY.
Third quarter 2013 data shows Lemons, 31, a service the average rent in Summit Counadvisor at Summit ty was $994, outpacing neighborFord in Silverthorne, – EVAN LEMONS, LOCAL RESIDENT ing Eagle County by an average moved to Summit with of $2 and coming in significantly his girlfriend about higher than Steamboat Springs, seven months ago. A which had an average rent of $726. Aspen’s average rent in the graduate of Marshall third quarter of last year was $1,068. University and raised Of the communities surveyed in the first quarter of 2014, by successful parents only Fort Collins was comparable to rural resort communities and grandparents in with an average rent of $1,183. Huntington, West Interestingly, rental averages in the mountains tend to drop Virginia, Evans a few dollars between the first and third quarters each year, said his automotive that is, except for Summit County. Since 2009, the average rent service industry wage in Summit County increased in the third quarter in three out had always afforded him a of five years, with the biggest spike coming in 2012, according comfortable existence, until to the report. he landed in Summit County. Despite being out of the ordinary when compared with Aspen, Over the years he’s lived in some exotic Steamboat Springs and Eagle County, McMaken said higher averand highly sought after locales, including Boca Raton, age rents is not that uncommon in the third quarter when looking Florida, and the Nashville suburb of Franklin, Tennessee, at the rest of the state. but he’s never paid so much for so little as he does in “The third quarter is usually one of the highest in terms of rental Summit County. averages,” McMaken said. “Whether you’re a college student or a “Boca Raton was way cheaper by comparison and we’re parent of school-age children, people tend to move and get settled talking about the Beverly Hills of Florida,” Lemons said. prior to the start of the school year.” “I lived in a three bedroom house for $1,250, but you could also get a studio right on the beach for $500.” Today, Lemons pays $950 per month for his 680-squareWHAT’S DIFFERENT IN SUMMIT COUNTY? foot, one-bedroom apartment in Dillon. His rent of $950 McMaken said he thought proximity to the Front Range probaper month also happens to be what he paid for a two-bedbly plays a big role in high rental rates in Summit County. room apartment in Franklin, which is famously popular When looking at the secondary indicators, McMaken said foreamong Nashville recording artists and is located in one closures are down and home prices, refinance activity, demographof the top 10 wealthiest counties in the country. ics and employment all have remained stable, even after 2008 when But Lemons considers himself lucky to have his the economy slumped. modest one-bed for two reasons. First, he arrived in “One thing that sets Summit County apart from other rural December 2013, the early peak of the ski season, resort areas is that it is so close to Denver,” McMaken said. “People were still interested in Summit County even during the down economy. It’s easy to get to, so you’re never really going to see those surges in local vacancy rates.” Stability in the local real estate market may be music to the ears of those who can afford to buy in Summit, but for renters like Evan Lemons the cost of living almost doesn’t make the views worth the effort.
Summitdaily.com/realestate
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INDUSTRY
HAMILTON CREEK One acre setting in Sun Bowl | $989,400
FAIRPLAY LOG HOME Nearly 20 acres by National Forest | $579,000
SIGNATURE HOME Stellar Panoramic Views. Nearly 12 acres. 859 Busch Run. Offered at $669,000
WOODWORKS TOWNHOME 2 BR 2 BA newly upgraded for only $289,000
R EN TA L R AT ES
and second, he had never heard of landlords asking for lump payments of first and last months’ rent and a security deposit just to put a roof over his head. “When I moved here it was a mess and I ended up dropping all of my savings,” Lemons said. “I’ve been looking at different apartments and found one the other day for $1,500 per month. “Fifteen hundred dollars per month is one thing, but that’s $4,500 with first, last and security. Who has $4,500 in cold hard cash?” But Breckenridge landlord Bob Chesnutt said it’s just as tough to make it in Summit County for lessors as it is for lessees. Chesnutt splits his time between Denver and Summit County, and 12 years ago bought a 1,500-square-foot, two-bedroom, two-bath home about 4 miles south of Breckenridge. The property has a small ground-level apartment, where Chesnutt lives when he is in town. Long-term renters occupy the rest of the house at a rate of $1,900 per month, which accounts for about a $600 per month loss when factoring in his monthly mortgage payment, utilities, snow removal and other costs. “I’ve been the youth hockey director for the last five years and I’ve always loved it out there, so it’s worth it to me,” Chesnutt said. “The price is set by the market and what I can get, not by what my mortgage is.” Chesnutt is in a unique situation because he spends half of his time in Summit, living in a second home, or at least a part of it, but Lemons doesn’t think the majority of landlords are taking a hit on their rental properties. Rent is so high in Summit County because local landlords are greedy, he said. “I lived in one of the wealthiest counties in the country, but that was old, deep-pocket money and everyone still treated you with respect,” Lemons said. “This community should be taking care of its own and it’s not. I’m baffled by anyone who can afford to live here for more than a year because I’ve already contemplated leaving several times and I’ve only been here seven months. Then I look around at where I live. That’s the only thing that drives me to stay.”
FAIRPLAY RANCH-STYLE HOME 3 BR 3 BA unique and charming home you must see – only $293,000
Average rent in Summit County
RENÉE IMAMURA Coldwell Banker Rounds & Porter 137 South Main St., Breckenridge 970-393-2308
Average rent in Summit County
PROPERTIES OF THE SUMMIT
BY TH E N U M B E R S...
Each office is independently owned and operated.
Golf Course Living
The Colorado Division of Housing recently released a survey that shows average rents across the state are on the rise, as new construction fails to maintain pace with job growth and housing demands. Below are some stats pulled from the survey. • Colorado total vacancy rates and average rent during the last decade (between first quarters of 2004 and 2014) — 11.2 percent vacancy rate, $772.16 average rent — 5.2 percent vacancy rate, $1,026.40 average rent • Average rent first quarter of 2014 in the survey area — Colorado Springs: $822 — Fort Collins/Loveland: $1,183 — Grand Junction: $525 — Greeley: $793 — Pueblo: $595 • Vacancy rates by local market areas for first and third quarters 2013 — Summit County: 2.1/4.1 — Eagle County: 4.5/8.8 — Aspen: .9/2.5 — Steamboat Springs: 5.8/17.1 • Average rent by local market areas first quarter of 2009 and third quarter of 2013 — Summit County: $886 / $994 — Eagle County: $1,069 / $992 — Aspen: $1,031 / $1068 — Steamboat Springs: $753 / $726
— One bedroom: $850 — Two-bed, one-bath: $946 — Two-bed, two bath: $1,035 — Three bedroom: $1,139
115 GLEN EAGLE LOOP / A PREMIER BRECKENRIDGE GOLF CLUB LOT OVERLOOKING THE #1 FAIRWAY OF THE BEAVER 9 / OFFERED FOR $499,900
Quiet & Serene Living
HIGHLAND GREENS LODGE 312 / BEAUTIFUL CONDO. BIG SUNNY DECK, GREAT VIEWS, SLAB GRANITE COUNTERS, SLATE & HAND-SCRAPED HICKORY WOOD FLOORS / OFFERED FOR $435,000 Ski-in, Ski Out Living
MOUNTAIN THUNDER LODGE 1311 / PREMIER CONDO IN A “SOUGHT AFTER” LOCATION / $454,900
— One bedroom: $770 — Two-bed, one-bath: $794 — Two-bed, two bath: $880 — Three bedroom: $980
Nancy L Yearout, Broker Associate RE/MAX Properties of the Summit Local Knowledge with Global Exposure Toll Free: 1-800-289-7005, 7677 Cell: 970-485-0293 Visit My Website
PROPERTY SPOTLIGHT
SLOPESIDE MANOR ON PEAK 8
CLASSIC TOUCHES ON
Majestic Manor by MEREDITH METZ
ABOVE: THE KITCHEN INCLUDES A STONE HOOD OVER THE RANGE AND AN ISLAND WITH A BREAKFAST BAR SUITABLE FOR EIGHT. OPPOSITE PAGE (TOP): SPACIOUS GREAT ROOM, DINING ROOM AND KITCHEN. THE DETAILS IN DESIGN AND DÉCOR IN THIS HOME ARE PLANNED DOWN TO EVERY LAST TOUCH, CREATING A COHESIVE FLOW FROM ROOM TO ROOM. (BOTTOM): A STACKED STONE FIREPLACE WITH WARM LEATHER SEATING OFFERS A COMFORTABLE PLACE TO UNWIND. PHOTOS COURTESY PINNACLE MOUNTAIN HOMES, BRECKENRIDGE.
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Summit County HOME | JULY/AUGUST 2014
SLOPESIDE MANOR ON PEAK 8 EARNS ITS REGAL NAME. Looking up at this home from the driveway, a sense of richness and royalty seeps from every thoughtful touch. Each rain gutter is made of copper and every inch of siding from spruce shiplap planks and Centennial Woods Wyoming snow fence. Not a dime was spared in the design and construction of this 7,000 square foot home. While it sleeps 22, it provides private space for quiet reflection and decompression after a long day on the slopes. The garage features warm copper-tone tiling and a dark wood seating area created to shed the winter snow and leave chilly boots at the door. A door immediately to the right through the garage entrance leads into a laundry room and then into the spacious master closet, master bath and finally the master bedroom. This unique feature allows one to sneak off into the
bedroom and grab a slice of quiet while family and friends gather in the adjacent great room. The master is complete with a stacked-stone gas fireplace and unobstructed views of Keystone Mountain. From the garage, a welcoming hallway leads into to an open and spacious great room, dining room and kitchen. The details in design and décor in this home are exquisite and well planned down to every last touch, creating a cohesive flow from room to room. Pinnacle Mountain Homes designer Christina Romano was hired to ensure this perception. The blue tile surrounding the mirror in the half bathroom is complemented by a blue tile backsplash found under the stacked stone hood in the massive kitchen and again surrounding the wet bar in the basement. Classical swirling touches include the embossed leather couches, the details of the light fixtures and intricate designs in the rugs and carpentry throughout. The translation of these details in such a massive open space offers a breathtaking room allowing multiple conversations and memories at once. At first glance, a stacked stone fireplace with warm leather seating offers a comfortable place to unwind. The open floor plan entices the eye to scan to the right, revealing a dining room and a banquet-style table with seating for 10. Tall, dark medieval-inspired chairs surround the table as if awaiting a meal fit for a king. Large, dark glulam and spruce beams span the ceiling as the eye continues to pan to the right with a kitchen equally as awe-inspiring and large. A stone hood over the range and an island with a breakfast bar suitable for eight section off this portion of the room, still welcoming any guest to sit but also creating a nook for a culinary wizard’s delight. Just beyond the kitchen is one of four private outdoor seating areas, shedding light into the darkened room between the floor-to-ceiling windows and the cleverly placed skylights.
Property Highlights: Located on Peak 8 •
Ski-in, ski-out vacation lodge adjacent to both the Four O’Clock and Trygve’s runs, with access to the base of Peak 8
•
15 person theatre room with 9-foot screen, surround sound, reclining chairs and bar area
•
7,000 square feet
•
Generational family retreat with 6 bedrooms, 6.5 bath — sleeps 22
•
3-car tandem garage
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3 rock fireplaces with stump seating
•
Available as vacation rental at $1,200 per night during summer months (avg.) and $1,800-$3,500 per night during winter months (avg.) MORE INFORMATION
For more information on renting this luxury mountain home, please call 800-872-8789 or visit pinnaclelodging.com. For more information on crafting your dream luxury mountain home, please call 970-453-0727 x101 or visit pinnaclemountainhomes.com
Gliding downstairs, cables once used to carry gondolas up the mountain have been reclaimed and reinterpreted into the railing that accompanies the three-level solid wood stairscase. The smooth, swirling steel provides a touch of cohesive elegance. A unique three-story chandelier graces each level and connects the upper level, complete with a private office overlooking the great room, a private balcony and a bedroom suite, down to the lowest level — a space truly made to entertain multiple generations. The lowest level is outfitted with shuffleboard, a card table, dual-function pool and ping-pong table and a chess table. There is ample seating around a large screen ideal for a big sporting event, while a separate room also houses a theater with reclining oversized leather chairs for 10 and elevated seating for five. Just past the wet bar is a bedroom with eight bunk beds and four beanbags, complete with a television and multiple gaming consoles making this room the picture-perfect slumber party. To accommodate such a large group of kids, the adjoining bathroom offers two private showers and multiple sinks. This bedroom is perfect for both kids and parents while vacationing with family and friends, capable of entertaining for hours. Three additional bedrooms in the basement, each with their own closet and bathroom suite, are equally as fit for royalty as the next — even as thoughtful to include two pairs of embroidered slippers on each bed. The warm wooden beams and dark tans carry throughout the basement to tie together each room with the remainder of
the home. Each bedroom provides its own private escape while still immersed in the fun that is a large vacation home. Off this ground level is an outdoor seating area with a fireplace and hot tub that turns any cool winter night into a warm oasis to unwind. This property is available for rent each winter and summer. The awe-inspiring richness and elegance in
every cohesive touch offers an ideal escape from the hustle and bustle of everyday life. With access to the slopes and simultaneous privacy, Pinnacle Mountain Homes construction and Pinnacle Lodging property management have exemplified their “Build With Us. Stay With Us.” slogan in maintaining a simply gorgeous mountain manor.
Summitdaily.com/realestate
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SUMMIT COUNTY HOME
REAL ESTATE
DILLON 632 Meadow Wood Circle, Meadow Wood Townhomes $389,000
SILVERTHORNE 418 Kestrel Lane, Ranch at Eagles Nest $774,900
Wonderful 3 BD, 3.5 BA townhome with 1 car garage. Backs to open space with great views to the Continental Divide. Lower level has walk out patio. Gas fireplace in the living room, W/D in the unit. Close to neighborhood park, hiking trails & rec path.
ON THE GOLF COURSE! Nicely furnished 3 BD, 3.5 BA home that sits on the 9th fairway of the Raven Golf Course. Open living/dining/ kitchen with 3 sided fireplace plus lower level rec room with wet bar. 2 car garage. Private deck off master bedroom with golf course & mountain views.
CONTACT:
CONTACT:
Henry E. Barr & The Barr Team 970-368-7643
Henry E. Barr & The Barr Team 970-368-7643
Henry@henryebarr.com www.HenryEBarr.com Remax Properties of the Summit
Henry@henryebarr.com www.HenryEBarr.com Remax Properties of the Summit
SILVERTHORNE 926 Blue Ridge Road, Sierra Bosque Sub $539,000
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Summit County HOME | JULY/AUGUST 2014
WILDERNEST 113 Burgundy Circle, Black Diamond Townhomes $589,000 Very nice 3 BD, 2 BA home on almost 2 acres and BACKS TO NATIONAL FOREST. Some updating has been done. Wood stove in family room and fireplace in living room w/ vaulted ceilings & big windows. South facing mountain views and surrounded by an aspen grove.
BIG PRICE REDUCTION for this spacious townhome that feels like a single family nestled in the trees w/ 5 BD, 3.5 BA. Open floor plan and rec room with pool table + sunroom/media room. Master suite has a fireplace & jetted tub. Wrap around deck w/ hot tub.
CONTACT:
CONTACT:
Henry E. Barr & The Barr Team 970-368-7643
Henry E. Barr & The Barr Team 970-368-7643
Henry@henryebarr.com www.HenryEBarr.com Remax Properties of the Summit
Henry@henryebarr.com www.HenryEBarr.com Remax Properties of the Summit
Summitdaily.com/realestate
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THE Voice
DIRECTORY
REALTOR® Offices 8Z Real Estate, LLC A&M Mountain R.E., Inc. Advantage Unlimited, Inc. Ajax Real Estate, LLC Alford Properties Alida’s Mountain Properties Alliance Realty-Metro Brokers Alpenglow Real Estate Alpine Appraisal, Inc. Alpine Broker Realty Inc. Amenta Real Estate Apre`s Mountain Properties Aspen Real Estate Barbara Nelson Real Estate Bella Vista Prime Realty Benchmark Realty, LLC Birch Real Estate Services Breckenridge Associates R.E. Breckenridge Grand Real Estate Breckenridge Mtn Real Estate Breckenridge R.E. Kompany Breckenridge Real Estate Co. Breckenridge Real Estate Group Bridgeline Real Estate Bristlecone Realty Group Buy Summit Real Estate Buyers Resource/Eby R.E. Caniglia Real Estate Group,LLC Carbonate Real Estate Century 21 Gold, Inc. Century 21 Mountain Luxury Century 21 Mountains Chapin Appraisals
Cherry Creek Properties, LLC Chuck Leathers Real Estate Coldwell Banker Colo Rockies Coldwell Banker-Rounds Porter Colo Mtn. Retreats Realty, Inc Colo R.E. Co./Maggie Hillman Colo R.E.-Mtn. Lifestyle Colorado Dreams Broker Colorado Homes 4 All Colorado Investors Real Estate Colorado Lifestyles R.E. Co. Colorado Mountain Real Estate Colorado Premier Resort Prop Colorado R.E. Summit County Colorado R.E.-Barb Schneeman Colorado R.E.-Debbie Nelson Colorado R.E.-Hank Wiethake Colorado Realty Auction & Co. Colorado Realty Company, LLC Colorado Realty Source Colorado Summit Real Estate Copper Real Estate Brokers CORE Realty Advisors, LLC Corinthian Realty, LLC Cornerstone Real Estate Co. CowboyRealEstate.Com, Inc. Cynthia Sells the Summit David D. Heimbrock David Phillips Indiv Prop David Watson Dawn Crane Deborah Hurt Shoop Broker Deborah V. Myers Dennis Matthew Thompson
Kerry Gibson Real Estate Key To The Rockies KeystoneRealEstate.Net Kidder + Real Estate Kokopelli Properties Lake Dillon Realty Laura Johnson Legendary Realty Lockwood Properties M.B./Cross Country Investments M.B./Jovan Inc. M.B./Luxury Mtn. Lifestyles M.B./Resort Specialists Majestic Lodging & Real Estate Mark A. Novak Mark Black Real Estate Mark Conley, Independent McMurray Real Estate Melinda Grendell Mountain Aire Properties Mountain Brokers Mountain Home Solutions, LLC Mountain Homes and Real Estate Mountain Marketing Assc Mountain Realty Mountain Resort R.E. Mountain Solace Real Estate Nelson Realty of Fairplay,Inc. NexStep Real Estate Group Novak & Nelson R.E. O’Brien & Associates, Inc. Omni R.E./Breckenridge Omni R.E./Frisco Omni Real Estate
Diamond Properties Don Buckalew Real Estate Co. Donald Picard Ebert Appraisal Service Edith Hughes Exclusive Mtn Retreats R.E. First Tracks Real Estate Forsythe Appraisals, Inc. Galeano, Inc. Girten Land Company Gordon Herwig Grand Appraisal Service Hayden Outdoors High Country Real Estate, LLP Home Buyers Marketing II, Inc. Home Pride Realty Homewise Realty IMI Resort Props of Colorado Integrated Property Services Jack Lee Jefferson Real Estate, Inc. Jerry Mills Indpendent Broker Joanne Van Steenberghe John Kane Enterprises, Inc. K.O. Real Estate Kaz Real Estate, LLC Keller Williams 1st Realty Keller Williams Colorado West Keller Williams Foothills R.E. Keller Williams Realty Success Keller Williams Realty, DTC Keller Williams Rlty Downtown Keller Williams Top Of Rockies Kelly Lloyd Real Estate
One Realty, LLC Paffrath & Thomas R.E.S.C Park County Assessor Patricia Whetham Patty O’Brien Real Estate Peak One Appraisals Phelps Real Estate, LLC Pierpont Properties Powdr-Copper Properties Professional Appraisal Service Progressive Propp Realty Inc. Prudential Team Realty Quick Colorado Real Estate Ralph A. Herzog RE/MAX Alliance Re/Max Aspen Leaf Realty Re/Max Properties/455 Re/Max Properties/66 Re/Max Properties/69 Real Estate At Copper Mountain Real Estate of the Summit RealEstateColorado.com, LLC Resort Brokers, Inc. Resort Real Estate, Inc. Resort Town Lodging Reynolds Real Estate Group Ridgeline Real Estate Robert Hamilton Rodger Real Estate, LLC Scenicwest Real Estate Co Simply Summit Realty Ski Colorado Real Estate, LLC Slifer Smith & Frampton – Key
Slifer Smith & Frampton R.E. Southwest Land & Realty Stearns Real Estate Sterling Appraisal Service Summit Appraisal Services Summit Association of Realtors Summit Brokers,LTD Summit County Assessor Summit County For Sale Summit County Real Estate Summit Cty Realty & Mgt Summit HOA Services, Inc. Summit Mountain Properties Summit RE Professionals1 Summit Real Estate Summit Resort Group Summit Resort Properties Summit Resort Real Estate Swan Mountain Real Estate, LLC Tall Country Realty Ten Peaks Sotheby’s I.R. The Real Estate Group Thomas Properties of Summit Timber Wolf Realty Tonti Management Treeline Appraisal Services United Country Park R.E. Velocity R.E. & Investments Wildernest Property Management Wolfe & Company Woodwinds Realty, Inc. Young Realty Your Castle Summit, LLC
With the Wyndham Home Exchange program you can trade weeks in your property for a vacation in amazing destinations around the world! SM
At Wyndham Vacation Rentals, our valued owners can take up to five weeks of their season and exchange them into any of the thousands of vacation properties* we have across the globe. Couple this amazing benefit with our heightened service levels from an experienced, local and professional team, plus national marketing reach, and it’s not hard to see why more and more owners are joining Wyndham Vacation Rentals.
Find out more today, call Blythe Rahm at 877-225-1230 or email us today at newowner@wynvr.com. *These vacations are limited. Destinations and travel times are subject to availability and confirmed on a first come, first served basis. Offer includes only accommodations and specifically excludes travel costs and other expenses that may be incurred. Taxes, additional fees and charges may apply. Promotional discounts and offers may not apply to all properties. Cannot be combined with other offers and is valid on new reservations only. This promotional offer may be discontinued at the discretion of Wyndham Vacation Rentals. Other restrictions may apply. Offer void where prohibited by law. CST: 2081369-50. Registration as a seller of travel does not constitute approval by the State of California. Fla. Seller of Travel Reg. No. ST-36515. Nevada Seller of Travel Registration No. 2006-0006. Washington Seller of Travel Reg. No. 602560941. Rental offer and rental inventory is made available by Resort Rental, LLC (operating as Holiday Rentals, LLC in MD and T X), an Indiana-licensed limited liability company, whose principal broker is Donald J. Killingback. ©2013 Wyndham Vacation Rentals North America, LLC. Wyndham Vacation Rentals and related marks are registered trademarks and/or service marks in the United States and internationally. All rights reserved. Printed in the U.S.A. 7 Sylvan Way, Parsippany, NJ 07054
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Summit County HOME | JULY/AUGUST 2014
MARKET REPORT
TR ANSACTIONS
SUMMIT REAL ESTATE TRANSACTIONS JUNE 2014
LOCATION Purchaser | Price | SELLER CROSSROADS SUB, #1, UNIT 729-B
CLOUD CAP CONDOS, UNITS 2 & 12
Linda G & Ronald B Detwiler | 410,000 |
Ryan & Kristy Herrman | 262,500 |
RONALD KROESEN
DOUGLAS URRAT
LAKE FOREST CONDOS, UNIT 104-A,
RED HAWK LODGE CONDO, UNIT 2261
Keith S & Carol D Thompson | 405,000 |
David Fein | 338,600 | ERIC & KIMBERLEE
PETROFF FOURPLEX, LOT 1-B Eric J Roth | 437,000 | ROBERT W LIENEMANN TRUST
Janice & James Leuthauser | 1,084,100 | PRO
LINDA & RONALD DETWILER
Lighting | Furniture | Accessories | Rugs | Western Art | |
BAUER
EAGLES NEST GOLF COURSE, #6, LOT 7
695 Summit Blvd. | Frisco, CO 80443 | 970.668.9989
Visiting? Get on the fast track to fun:
PROPERTIES LLC
HIGHLAND GREENS SUB, #1, LOT 36-B, BLK 2A
RANCH @ EAGLES NEST, #3, LOT 12 CR
Andrew M & Lisa S Rhodes | 560,000 |
JAMES & JANICE LEUTHAUSER
Pernette E & Gerald N Czosek | 675,000 |
KRISTINE MCWILLIAMS
DILLON VALLEY SUB, LOT 12-B, BLK 1 LA RIVA DEL LAGO CONDOS, UNIT 227 Renu Agarwal Trust | 555,000 | FATEMEH RAJABI
Adam & Megan B Katzman | 295,000 | SHARON PORTER
TIGER RUN RESORT PARK SUB, LOT 330
GATEWAY COMMERCIAL CONDOS, UNIT 306
James L & Sheryl F Overman | 175,000 |
Donald W & Kelly Simpson | 435,000 |
PLAZA THREE CONDO, UNIT 403 Van De Water Trust | 315,000 | STEPHEN & SANDRA LACHTER
TIGER RUN RESORT PARK SUB, LOT 365, BLK 1 Grant Hinch Trust | 197,000 | DIANE & SIDNEY WAYNICK
GROESBECK FLP
WOODMOOR @ BRECK, #1, LOT 69-B, BLK 1 William M Pitman | 1,028,000 | STEVEN & DANA GERMER METES & BOUNDS 5S-78W, LOT 56
Edward J Siegel | 520,000 | HEATH & KRISTI BREWER
PINE RIDGE CONDO, #1, BLK 1, UNIT A
Gary A & Janet G Schauer | 420,000 |
VINCENT & BARBARA CAPOZZELLA HIGHLAND GREENS LODGE, UNIT 202 Ira D Parnes | 225,000 | JEFFREY & ASHLEY CHECK
Everything you need to know about recreation, events and activities in Summit County! Ride Summit County! Visit: summitdaily.com/ExploreSummit/Recreation/BikeTrails/
JOYCE C SOLBERG TRUST
VAL D SERE CONDO, UNIT 315
Tonya Johnson | 192,000 | LEE GILBERT &
BRITTANY CARROLL
WOODMOOR @ BRECK, LOT 2, BLK 19, Wallace Hayasaka | 245,000 | EILEEN O’LEARY ALPINE LAKE TWNHMS, UNIT A Ben & Sara Broughton | 712,500 | ROBERT & VERA BLOCH METES & BOUNDS 3S-78W, LOT 18, 434 RODEO DR Pamela Bernardo | 562,500 | MICHAEL & JEANIENE KURTH
CLOUD CAP CONDOS, UNIT 15
Jennifer D Kanehl | 217,000 | LEE GILBERT
MONARCH TWNHMS, LOT 5
815 SPRUCE CREEK RD
BOGDAN & GRABCZAK LEWULIS
Jody R Gibson Amy E Whitaker | 680,000 | LEONARD KUMAR
BEAVER RUN CONDO, BLDG 4, UNIT 4523 Karen Kamm | 320,000 | GARY & CHERYL GRASMICK
Devon L Darby & William J Diaz | 303,000 | TIGER RUN RESORT PARK SUB, LOT 361
Sidney L & Diane S Waynick | 191,000 | WARNER & EARLINE ANGELLE
Summitdaily.com/realestate
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THE VIEW
LOCALES
high country colors
Blue flax and columbine combine with this Gore Range background to make a dramatic summer scene on a Sunday morning.
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Summit County HOME | JULY/AUGUST 2014
PHOTO COURTESY OF BILL LINFIELD
82 RIVER RUN ROAD, KEYSTONE
1122 HIGHLANDS DRIVE, BRECKENRIDGE
Every once in a great while an opportunity to own a Mill Creek Townhome comes along. Don’t miss this one. Two outdoor decks and unsurpassed views. $1,399,000
Architecturally stunning home with a separate guest house located on just over 1.5 acres. $1,349,000
RIVER MOUNTAIN LODGE, 320W
KEYSTONE LAKESIDE VILLAGE, PLAZA #1432
Townhome “style” 2 bed / 2 bath condominium is right in the center of town. Ski home and walk to dining and shopping. Amenity rich complex and strong rentals. $389,000
Don’t miss the opportunity! Spacious property with granite slab counters, spacious living and beautiful views. Underground parking, outdoor pool, elevator and spa. WOW! $209,900
206 S. HARRIS STREET, BRECKENRIDGE
SPRINGS AT KEYSTONE, #8874
Built in 1896 this historical home has a new contemporary look and includes a separate 2-bedroom apartment with a full kitchen. $949,000
Live in this professionally designed residence and enjoy the slope views. Mountain contemporary furniture and finishes from the bathrooms to kitchen. $599,000
Wendy Tancheff
Broker Associate RE/MAX Properties of the Summit 970-389-3019 | Mobile www.MountainLivingMLS.com wendyt@remax.net Search ALL of Summit County Properties for Sale @ www.mountainlivingmls.com User friendly site with maps, property details and market reports
Summitdaily.com/realestate
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WHY LIST WITH US?
$266,823,930 AVERAGE ANNUAL SALES VOLUME*
410 AVERAGE ANNUAL TRANSACTIONS*
16 AVERAGE YEARS OF REAL ESTATE EXPERIENCE PER OUR 40 BROKERS
4 SALES OFFICES THROUGHOUT SUMMIT COUNTY
EXTRAORDINARY ADDRESS. YOURS. With inventory levels at a five year low, now may be an excellent opportunity to sell your home. With decades of experience and prominent real estate sales, Slifer Smith & Frampton is the go-to for all things LOCAL in Summit County. Trust our team to market and sell your home.
567 LATIGO TRAIL SILVERTHORNE $8,900,000
SUMMITCOUNT YRE ALESTATE .COM 211 N. MAIN STREET: 970.547.6000
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117 S. MAIN STREET: 970.453.9090
FRISCO-SILVERTHORNE: 970.668.1550
DILLON-KEYSTONE: 970.496.4522
*Based on MLS Data for sales volume and total transactions from 2006-2013 counting both listing and selling side. Land and Residential only.
Summit County HOME | JULY/AUGUST 2014