Vail Valley Home // November 2014 by Carly Arnold

R EAL ESTATE & MOUNTAIN LIFEST YLES | NOVEMBER 2014

VAIL BOAR D OF R EALTORS®

inside

AUTUMN TABLES

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HOLIDAY DECOR

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REALTOR OF THE YEAR

kitchen evolution Today’s floor plans include centrally located, wide-open kitchens

Visit vvhmag.com to read our tablet and desktop edition

NOVEMBER 2014 | VAIL VALLEY HOME

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Lifetime Installation Guarantee - Because the installation is an important part of a beautiful floor, we employ a great staff of fully trained professional installers. We stand behind your new floor with a lifetime installation guarantee.

Serving the Vail Valley since 1972 810 Nottingham Road, Avon • 970-949-5390 • www.ruggsbenedict.com

VAIL | ARRABELLE RESIDENCE 522

BACHELOR GULCH | BEAR PAW LODGE

3 Bedrooms | 4 Baths | Incredible Views | Designer Furnished | $4,495,000

4 Bedrooms | 4.5 Baths | Big Views | $2,095,000

DER

A NTR

EAST VAIL | COURTSIDE TOWNHOME #5

SINGLETREE | 140 HOWARD DRIVE

3 Bedrooms + Loft | 1 Car Garage | $809,000

6 Bedrooms | .76 acre lot | 3 Car Garage | $1,299,000

SINGLETREE | 661 SINGLETREE ROAD

EDWARDS | 715 EDWARDS VILLAGE BLVD.

3 Bedrooms | 2 Car Garage | Enormous Views | $715,000

Amazing Finishes | Next to Open Space | $795,000

970.390.7443 page@vail.net www.VailHomesbyPage.com LAKE CREEK | 1902 LAKE CREEK ROAD 2.62 Acres | Zoned Resource | $350,000

Call me today for more information on any of these listings or any other property in the Vail Valley.

We are back in Eagle! COME BY 751 CHAMBERS TODAY!

751 CHAMBERS, EAGLE • (970) 328-1119 • RESTOREVAILVALLEY.ORG

Unforgettable NAME. Unforgettable SERVICE. FE ATURED PROPER TIE S :

81 CHAPARRAL ROAD | SINGLETREE

181 HACKAMORE ROAD | SINGLETREE

Gorgeous updated, air-conditioned home on an almost half acre homesite. Views of Arrowhead Ski Mountain and backs to open space

Lots of outdoor living space and a large yard dotted with mature trees at this impeccably maintained south-facing duplex

4-BEDROOM | 4-BATH | 3,091+/-SQ.FT. | $895,000

3-BEDROOM | 2.5-BATH | 2,152,-/+ SQ.FT. | $599,000

191 THRESHER COURT | EAGLE RANCH

ALPINE CLUB 303 | ARROWHEAD

Beautiful golf course lot with views of the golf course and Castle Peak with a private cul-de-sac location

Fabulous ski-in/ski-out condo with great views overlooking the Arrowhead express lift and the Plaza

.49+/- ACRES | $139,000

3-BEDROOM | 3-BATH | 1,576+/-SQ.FT. | $1,690,000

CONTACT:

HAPPY IN VAIL .COM

HAPPY POWER 970.479.5767 hpower@slifer.net

Downsizing Specialist

WELCOME FROM THE BOARD

OFFICERS CEO TONI PARKER Chair MIKE BUDD Chair Elect ONIE BOLDUC Past Chair JULIE RETZLAFF Secretary / Director LED GARDNER MLS Director JIM PYKE Directors BETHANY BOSTON-JOHNSON DANA CORREIA LIZ LEEDS MICHAEL ROUTH CRISSY RUMFORD VALERIE VALENE Affiliate Liaison JOHN KIRKUTIS

Vail Board of REALTORS® 2013 0275 Main Street, Suites 003 & 004 · Edwards, CO 81632 Tel: 970.766.1028 Fax: 877.775.5811 Website: www.vbr.net

R EAL ESTATE & MOUNTAIN LIFEST YLES | NOVEMBER 2014

VAIL BOAR D OF R EALTORS®

inside

AUTUMN TABLES

–

HOLIDAY DECOR

–

REALTOR OF THE YEAR

kitchen evolution Today’s floor plans include bigger, more open and accessible kitchens

Visit vvhmag.com to read our tablet and desktop edition

NOVEMBER 2014 | VAIL VALLEY HOME

O N T H E C OV E R This award-winning kitchen designed by RKD Architects takes full advantage of the spectacular views. Photo by Gibeon Photography

he beginning of the ski season is much anticipated, yet the main event of November often happens around the dining room table. Clinking glasses, groaning platters and plenty of laughter accompany the biggest meal of the year. But before people sit down at the table, they spend hours and hours in the kitchen. Kitchens today are large, open places with room for everyone and everything, but that wasn’t always the case. Read about the evolution of kitchens in our cover story. One look at the third-quarter market numbers and you’ll discover that the local real estate market is getting more competitive, thanks to limited properties and eager buyers. It’s a good time to enlist the guidance and experience of a REALTOR. Our organization, its members and partners exist to provide the most informed, ethical and comprehensive options for clients and their real estate needs for both primary and secondary residences as well as rental properties. And our REALTORS can help you prioritize your needs, in order to find your best-case scenario.

Enjoy the season,

Vail Board of REALTORS ®

Vail Daily Magazine Group GM SUSAN LUDLOW Associate Publisher ERIC BURGUND Editor WREN BOVA Art Director CARLY ARNOLD National Sales Director CYNTHIA BRUGGEMAN Photo Editor ANTHONY THORNTON Ad Services Coordinator JUSTIN BUSCH Creative Team Supervisor AFTON POSPISILOVA Advertising Production & Design ASHLEY DETMERING, DARIN BLISS, MALISA SAMSEL, MIKEY MCGARVEY, PHILIP LANZINO, AUSTIN WINTERS Contributors KIMBERLY NICOLET TI, KIM FULLER, KATHY FILGO, PHIL LINDEMAN, SHAUNA FARNELL, KELLI HOLTZ, KRISTIN ANDERSON, BECKY GARBER

Vail Valley 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. ©2014 Colorado Mountain News Media.

VAIL VALLEY HOME | NOVEMBER 2014

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2080 MEADOW BROOK DRIVE | WEST VAIL Beautiful, 4 bedroom single family home nestled among a hillside of Aspen trees on a large lot in Highland Meadows. Private, quiet location adjacent to National Forest land; yet you are only minutes from Vail and Beaver Creek. The open kitchen, dining and living area is perfect for entertaining and the office could easily be converted back to a 5th bedroom. Gorgeous Aspen grove views with lush landscaping, water feature and hot tub. $2,700,000 for the home and the entire 1.47acre lot or $2,200,000 for the home and .73 acres. For additional information go to www.2080MeadowBrookDrive.com

ALPINE CLUB #101 | ARROWHEAD Ski-In/Ski-Out condo located just steps from the Arrowhead Express Lift. 1 level floor plan with 3 bedrooms and 3 baths that is in excellent condition with hardwood floors and granite countertops. Alpine Club owners have access to all the amenities of the Arrowhead Association, including a yearround heated outdoor pool, hot tubs, tennis courts and a Dial-a-Ride shuttle service throughout the resort. The close proximity to the ski slopes and all that Arrowhead Village offers makes this a good rental property. $1,095,000 unfurnished

For additional information go to www.AlpineClub-101.com

LION SQUARE LODGE | LIONSHEAD The Ski-In/Ski-Out convenience, quality facilities, casual ambiance and excellent service continue to make Lion Square Lodge the perfect place to be. Amenities include: swimming pool, hot tubs, saunas, exercise room, concierge service, valet service, on site restaurant and more. Close to dining, shopping, entertainment venues and full skier services. Lion Square #358 – 1 bdrm/1 bath – SOLD for $740,000 furnished Lion Square North #286 – 1 bdrm plus Murphy bed/1 ¾ baths – SOLD for $875,000 furnished Lion Square North #186 – 1 bdrm plus Murphy bed/2 baths – $885,000 furnished Under Contract Lion Square #154 – 1 bdrm/1 bath – SOLD for $700,500 furnished Lion Square #368 – Hotel room – $500,000 furnished Lion Square #373 – Hotel room – $499,000 furnished

Kathy Cole

Broker Associate/Team Leader – Cole Luxury Team Coldwell Banker Devonshire West cell: (970) 390-0026 email: Cole@Vail.net web site: www.KathySellsVail.com blog site: http://Blog.KathySellsVail.com

International President’s Elite Award Winner for 2012 and 2014 Top 2% of all Coldwell Banker Agents Worldwide

12 59

10 DESIGN & STYLE Unique finds for the home.

22 NEW LEADERS

14 FACTS & FIGURES A quick look at home and homebuying trends.

16 AUTUMNAL ACCENTS

Embrace the season with fall colors, aromas and textures.

20 HOLIDAY DÉCOR

Lights… Plants… Trees: Put your plans into action.

Vail Board of REALTORS® & Vail Multi-list Service installs new officers and directors.

23 TOP HONORS

Julie Retzlaff Wins Realtor® Of Year Award.

24 FACES & PLACES

Around town at parties, events and more.

30 NEIGHBORHOD SPOTLIGHT

34 PROPERTY SPOTLIGHT

Five questions with Noel Harris of Wall Street Insurance.

VAIL VALLEY HOME | NOVEMBER 2014

Knowing exactly what you want is valuable information when buying a home.

40 KITCHEN EVOLUTION

The single-family estate offers the pinnacle of luxurious living.

36 MARKET REPORT

28 DOWNVALLEY Q&A

The Eagle County Airport is more than a runway.

Today’s kitchens are multi-functional gathering spaces.

46 REAL ESTATE SHOWCASE

A selection of some of the best properties on the local market.

48 SERVICE DIRECTORY

An extensive list of local professionals, brokers and REALTORS®.

50 THE VIEW

Cordillera is a winter wonderland after the snow falls.

1730 BUFFEHR CREEK ROAD VAIL, COLORADO. $2,900,000 Surrounded by mountains on three sides, listen to nearby Buffehr Creek while enjoying your own natural private pond with water feature. The lovely landscaping and charming 5 bedroom home boasts one of the most impressive lots in the Valley. Visit the listing website for additional photos and property details:

luxvail.com

770 POTATO PATCH DRIVE #5 VAIL, COLORADO. $1,595,000 FURNISHED This is the nicest townhome-style unit ever listed in the Potato Patch area with epic Vail ski-slope views. This end unit has been fully renovated by Nedbo Construction in 2009, has an amazing master suite with office, plus 2 large bedroom suites with balcony. Approx. 916 sq ft may be added. Visit the listing website for additional photos and property details:

770.vaillux.com

Having grown up in the Vail Valley, Malia is a local expert eager to share the Colorado mountain lifestyle with her clients. She is a former managing owner of one of the largest property management companies in the Vail Valley and currently owns a luxury residential general contracting company with her husband. Malia provides her clients with the benefit of a locally diverse real estate background in conjunction with the global reach of Sotheby’s International Realty.

MALIA NOBREGA 970.977.1041 malia.nobrega@sothebysrealty.com vailluxurybroker.com

“I could not believe I stumbled upon a Realtor with this combination of connections and expertise” - Jayme Fernandez, Brazilian client who purchased a luxury residence in April of 2014

BEAVER CREEK BOULDER BRECKENRIDGE CASTLE PINES VILLAGE CHERRY CREEK DOWNTOWN DENVER EDWARDS EVERGREEN GREENWOOD VILLAGE

DESIGN & STYLE Butterfly Beauty THIS LYRICAL MARIPOSA MIRROR by

Arteriors was inspired by a drive through Mexico’s Michoacán region during the butterfly season. Made of iron with braised brass metal bees and flower adornments, and antique brass cladding. Available from Worth Interiors.

by KELLI HOLTZ

NEW PAISLEY FABRIC “ODALISQUE” by F. Schumacher, part of a new 125th anniversary collection.

VAIL VALLEY HOME | NOVEMBER 2014

s the days grow

shorter and the temperatures cooler, we retreat indoors. Much like a cozy sweater warms and comforts you, a designated relaxation space can do the same. Whether your home is large or small, creating a spot for quiet reflection before the holiday hustle will help keep you energized and healthy throughout the winter months. Get cozy with candles, pillows and blankets, and make sure you have the proper lighting in your space for reading and relaxing. Lamps are a quick and easy fix, but consider a statement-making pendant. Vail Lights can assist with either. The holidays will be here before we know it.

o n e o f va i l â&#x20AC;&#x2122; s f i n e s t h o m e s

There is no place on earth like Vail, and there is no place in Vail like this residence! Exquisite masterpiece in the center of Vail Village which lives like a single family. Enjoy your private front door entry, stunning fixtures and luxurious designer furnishings. Spectacular, sunny, ski mountain views are captured throughout the home. This custom 5 bedroom, 5 bathroom residence was completely rebuilt in 2010 and is a private and peaceful oasis in the center of the excitement and entertainment of Vail. Offered beautifully furnished at $7,480,000

gateway land & development

real e s tat e

EUSTAQUIO CORTINA

970.471.0626 e c o r t i n a @ g a t e wa y l a n d . c o m w w w. g a t e wa y t o v a i l . c o m

DESIGN & STYLE

Crystal Clear THIS DOVE LARGE BOX by Arteriors is perfect for a vanity. Made with blown glass, the ivory lacquered box is lined in micro-suede. Available through Slifer Designs in Edwards.

Bees and Butterflies ARTERIORS’ MARIPOSA LARGE BOX and Mariposa Vase on the

next page are both elegant and rustic with raised brass bees and flowers. Inspired by the monarch butterfly season in Mexico’s lush state, Michoacán. Available through Worth Interiors and Inside Out Home Furnishings, respectively.

Wired Up THE PENDANT PULLEY LIGHT from Sun Valley

Bronze is shown in blackened steel, but wire color options include black, beige, blue, forest green, gold, pink, brown, red and orange.

Your Luxury Realtor in the Vail Valley

Living at 9 Vail Road in Vail Village is like being in your own cozy, warm haven. A boutique building just steps away from the shuttle to Golden Peak, Vail Village and Lionshead, this beautifully designed, 4 bedroom/3 bath condo also sports surprising bonus space. Apres ski in front of your gas-burning fireplace while cooking up a fancy feast in your newly remodeled kitchen. Even though kids of all ages will enjoy playing in the onsite pool or sampling nearby shopping and restaurants, you’ll most likely want to snuggle up inside and watch the falling snow mound on your private deck.

9 $

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VAIL VALLEY HOME | NOVEMBER 2014

Au Natural THE LEAVES AND SEEDS LARGE PENDANT by

Arteriors was inspired by a French necklace from the 1930s. Laura Kirar cast bronze leaves to create the six-light hanging fixture. Available from Inside Out Home Furnishings.

ABOUT KELLI HOLTZ, A.S.I.D. | Kelli Holtz has enjoyed living and working in the Vail Valley as an Interior Designer since 2003. She creates unique interior spaces and is passionate about all facets of design. Kelli can be reached at kelli@holtzdesignstudio.com.

y, e d, s y s g d

Liz Leeds...Others Follow Cell 970-331-1806 | LLeeds@Slifer.net LizLeeds.com | VailRealEstate.com

9 Vail Road Unit #26 in Vail Village $2,495,000 Excellent location right in Vail Village and steps away from shops, restaurants, slopes and shuttle | 1,435 square feet | 4 Bedrooms 3 Bathrooms | Fully furnished | Gas fireplace | Private and only access to commons area | Private underground parking Ski storage and more! Call Liz at 970-331-1806 for a private showing.

NOVEMBER 2014 | VAIL VALLEY HOME

FACTS & FIGURES

*Kitchen Tip — Use cabinetry to conceal appliances.

GOING REGIONAL The Census Bureau’s Survey of Construction revealed some trends for single-family homes

size matters Five tips for designing small homes Raise the ceilings Add dramatic flourishes Use texture and color sparingly Minimize hallways Create long interior views

• Most homes started in the U.S. have two or more stories, though homes in the Midwest have only one. • Less than 9 percent of new homes are built on individual wells, but 42 percent of them are in New England. • Nationwide, porches are the most popular outdoor feature. Patios, however, dominate new home building in the West South Central division, and are just as common in the West. Decks remain the most popular outdoor feature in New England.

TH E M OST E XPEN S IVE

ZI P COD ES IN

COLO R ADO

And their national ranking, based on asking price for single-family homes and condos on the market for 90+ days ZIP CODE

• Most homes started in the Northeast and Midwest have basements.

NATIONAL RANKING

TOWN

MEDIAN HOME PRICE

Woody Creek (Aspen) 81656

#15

Aspen

81611 $4,015,231.75

#54

Wolcott

81655 $2,765,384.62

#63

Cherry Hills Village

80113

#89

Snowmass

81654 $2,089,114.91

#110

Vail

81657 $1,908,880.77

#112

Greenwood Village

80121

#126

Edwards

81632 $1,757,741.27

#132

Avon

81620 $1,698,788.49

#149

Snowmass Village

81615

#187

Telluride

81435 $1,428,550.13

$4,953,269.23

$2,545,692.31

$1,876,730.77

$1,614,356.00

• Vinyl is the most common primary siding material in the Northeast and Midwest. However, while two out of three homes in the Midwest mix vinyl with secondary siding, the practice of mixing siding materials is not common in New England. • Stucco is the most popular primary siding material in the West. Brick is used more widely in the South. The popularity of fiber cement has been rising. It is now the second-most-popular primary siding material in the Pacific, Mountain and West South Central divisions. • Most new single-family homes are purchased with conventional loans nationwide. • The most economical new homes are in the South.

“IF YOU CAN ORGANIZE YOUR KITCHEN, YOU CAN ORGANIZE YOUR LIFE.” LOUIS PARRISH 14

VAIL VALLEY HOME | NOVEMBER 2014

SOURCES: FINE HOMEBUILDING, NATIONAL ASSOCIATION OF HOME BUILDERS, FORBES

1. 2. 3. 4. 5.

• The Northeast claims the smallest new homes, but they are built on the biggest and most expensive lots.

LIS

R epresenting luxury properties with unsurpassed expertise for over 30 Years.

Spectacular Renovation! 4 Bedrooms! Offered at $1,760,000

LIS

Pristine, Highest Quality! 5 Bedrooms! Offered at $2,595,000

Mountain views! 5 Bedroom Duplex on Bus. Offered at $825,000

National Forest Adjoins this Beautiful 4 Bedroom Home! Offered at $1,500,000

Please contact us at cell: (970)-376-1202 dmeehan@vail.net www.DianaMeehan.com

Meghan Meehan Diana Meehan

HOME ENTERTAINING

AUTUMNAL ACCENTS Embrace the season with fall colors, aromas and textures by KIMBERLY NICOLETTI

hile most people

Transformation “The colors of fall start the theme and repeat in various ways to create a cohesive look on the table (with) enough interest that the eye goes from one thing to another,” she says. She may begin with pine or spruce branch clippings from her yard and add pinecones and perhaps store-bought chrysanthemums, or in early autumn, any flowers that may still bloom

VAIL VALLEY HOME | NOVEMBER 2014

PHOTO BY CHRISTY ROST

lamented the end of summer or focused on psyching themselves up for ski season, television personality and entertaining guru Christy Rost could hardly wait to relish in the fall season through home decor. “When summer is over, I am so anxious to embrace the autumn season,” Rost says, “because I love the aromas, I love the colors, I love the textures, and I love the shine and the shimmer that I don’t get to do in the summer.” Whether it’s tablescapes or home décor that accents fireplace mantles, bookshelves, her china cabinet or her buffet table, she concentrates on lighting and deep, warm colors that reflect nature’s changes. “The days are shorter, so it’s important to add pretty lighting,” she says. “It’s the perfect opportunity to create a warm, cozy atmosphere with lighting through candles and dimmed lights … and by incorporating elements that shimmer and shine; it makes the table glow.” While nature “is putting on a spectacular show of color,” Rost is busy layering her dining room and kitchen tables to reflect what she observes outside.

LUXURY SKI & RANCH SPECIALIST IN THE VAIL VALLEY

L SO

406 HoLDEN DR | 406H oLDEN . coM b e av e r c r e e k , c o

$6,950,000 | 8 BEDROOMS | 9 BATHS

3000 SALT CREEK RD

e ag l e , c o $1,795,000 | 3 BEDROOMS | 3.5 BATHS | 35 ACRES | BARN

IC PR

196 RUSSELL TRAIL | 196R USSELL T RAIL . coM e dwa r d s , c o

$1,299,000 | 3 BEDROOMS | 3 BATHS

ICE

289 W. MoRRISoN cT | 289M oRRISoN . coM grand junction, co $1,599,000 | 4 BEDROOMS | 8 BATHS

1122 RED DRAW | 1122R ED D RAW . coM cordillera, co

$1,895,000 | 5 BEDROOMS | 5 BATHS

1125 PILGRIM DR | 1125P ILGRIM . coM e dwa r d s , c o $875,000 | 12± ACRE HOMESITE

L SO

LANDMARK #504

ASPENWooD PENTHoUSE 314 | 74c RESTA . coM

$1,700,000 | 4 BEDROOMS | 4 BATHS

$949,000 | 3 BEDROOMS | 3 BATHS

va i l , c o

Heidi Bintz CRS, GRI, RSPS, TRC, CNE, FIABCI, CIPS, RLI, ASP, PSIA The essence of an extraordinary LIFE is about living your PASSION

a r ro w h e a d , c o

970.390.8383 Heidi.bintz@sothebysrealty.com VailMountainLifestyle.com

HOME ENTERTAINING

WATCH CHRISTY IN ACTION Christy Rost’s “A Home for Christy Rost: Thanksgiving” will air nationwide on PBS throughout November. Check local listings for times.

VAIL VALLEY HOME | NOVEMBER 2014

Additions Of course, that means remaining alert in stores and at craft and art fairs. Fortunately, Rost is very visual and gifted with a good recall for exact hues. For homemakers who find it challenging to recall the various chargers, tablecloths, placemats, napkins, candles, ribbons, runners and centerpieces they own, she suggests writing out 3x5 cards listing those décor items, and then making cards for items they desire. And, Rost isn’t shy about carrying a napkin or charger into a store to double check for a match. Her cost-effective way of decorating includes purchasing pieces she can use multiple times throughout the year. For example, she might buy forest green chargers, which she could use during fall, Christmas and even St. Patrick’s Day. “I use a lot of the same elements, but I use them differently,” she says. “A lot of it comes down to creativity — a sudden flash.”

Aglow Candles are almost a necessity; Rost often opts for chunky pillars as opposed to tapers for autumn, or glass votives with shades of browns, coppers and golds. “I love candlelight at various heights,” she says. “It just makes everything glow … as night comes on so much earlier, it’s absolutely wonderful to have that feeling of peace and magic in the rooms.” In the more rustic cabin adjoining her historical Breckenridge home, she uses candlelight to transport guests back to “what it must have been like years ago,” she says. Natural warmth Both in her cabin and in her main home, she likes to use ironstone and pottery, as opposed to a lot of crystal and china during autumn, to provide a more rustic and natural look. Textural fabrics, including tablecloths and napkins, add to a sense of warmth in Rost’s home. “Some people like a real cool, clean palate, and that’s fine, but I particularly want that feeling of warmth, especially in fall and winter, that almost embraces me when I see it,” Rost says. “I immediately slip into the season when I create that palate-scape on my table, and it does the same for my guests. It’s also good for conversation. It inspires others to then go and create a more seasonal feel to their home … “I can feel myself smiling as I walk through the dining room when it’s decorated. It makes me feel warm and relaxed, and it creates a magical atmosphere. It’s a gift for yourself, as well as others.”

PHOTOS BY CHRISTY ROST

close to her house. Or, she may employ a silk leaf garland as her foundation and incorporate fabric, golden ribbon and possibly a basket filled with fruit, or simply fruit and pumpkins (not always real) tastefully placed within and around the garland. Then, as Thanksgiving approaches, “everything gets amped up — more gold, more sparkle, more shine,” she says, adding that anything shaped like a turkey (tastefully, of course) tends to make its way onto her table. “It’s always changing,” she says, “sometimes just based on what I’m seeing in the yard. I’m always scanning to see what I can use.”

Where Dream Homes Come to Life.

1401 CASTLE PEAK RANCH | EAGLE

$659,000

35 acre parcel with water rights & well in place

Krista Behr | 970.376.8085

1.33 acre home site with panoramic views

$375,000

Krista Behr | 970.376.8085

ED T IVAER!! T MOSELL

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R ICE

636 SADDLE RIDGE ROAD | CORDILLERA

2150 ALPINE DRIVE | VAIL

$1,475,000

5 bed | 5 bath | 4491sf

Karin Millette | 970.376.0691

235 PALMER LOOP | EAGLE RANCH 4 bed | 4 bath | 3200sf

E UC

ED000 R E ,

IC 0 PR $51

Linda Miner | 970.390.4658

C DU

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$570,000

1550 DIAMOND STAR | EAGLE 37 acres on the river with exclusive amenities available

$1,390,000 Josh Lautenberg | 970.390.4127

LIONS SQUARE LODGE #166 | VAIL Studio | 1 bath | 319sf

Josh Lautenberg | 970.390.4127

R E A L E S TAT E 2 4 2 E A S T M E A D O W D R I V E I N VA I L V I L L A G E

Contemporary Thinking. Traditional Perspective.

970.477.5300

$450,000

S R E VA I L . C O M

AN AFFILIATE OF THE SONNENALP HOTEL

SEASONAL SETTINGS

HOLIDAY DECOR Lights…Plants…Trees: Put your plans into action by MARTY JONES

lights, misplaced ornaments, and challenging weather conditions can make for a holiday season that’s naughty instead of a nice. And this year’s brief timeframe between Thanksgiving and Christmas tightens the planning window for interior and exterior holiday decoration. But if you’re someone who likes to include lights and live elements such as holiday plants and trees in your celebration, then you can get ahead of the curve by putting your plans into action now and considering how to avoid some common pitfalls in the process.

LIGHTS: Interior and exterior lights alike can add a festive feel to

a place. Ideally, exterior lights should be installed before the winter weather arrives so that they’re ready to be illuminated with the simple flip of a switch on the eve of your choosing. But if you haven’t yet installed exterior lights, take some time to check your neighborhood’s codes and ordinances, which may limit the types of lights or locations where you can install. Generally, white or clear lights are acceptable, but some codes may limit the number of live trees you can illuminate or prohibit you from placing lights on a structure’s exterior. Décor tip: Choose interior and exterior lighting that fits within a predetermined design concept or overall holiday theme, which could be anything from classic, to

patriotic, to psychedelic. If you require assistance, schedule an assessment now to determine what type of equipment may be needed to install interior or exterior lights on your property.

PLANTS: In the season’s coldest moments, live plants add a sense of warmth and vitality to a space. Classic holiday bulbs such as the Paperwhite Narcissus and Amaryllis are easy to grow, but they require some advance planning if you want them to bloom during the holiday season. Paperwhites begin to grow as soon as they’re planted, and flowers usually appear within five or six weeks if grown in an optimal environment. Amaryllis bulbs bloom on a more whimsical schedule, so instead of expecting them to flower on a specific date, expect to be 20

VAIL VALLEY HOME | NOVEMBER 2014

surprised sometime during the holiday season if you’ve planted them in early November. Poinsettias are holiday staples, and they can bring a burst of fresh color into entryways and interior rooms. If you’re planning on purchasing large quantities of poinsettias, get your order in early. Otherwise, you can shop for and purchase poinsettias throughout the holiday season. Décor tip: Place live plants in festive or catchy containers to increase visual appeal. For a stunning live display that goes beyond the traditional red and white, search out unique poinsettia types including the Ice Punch and Jingle Bells varieties, which come in unique blended and speckled colorings. Bush-sized poinsettia arrangements and poinsettia topiaries can also add some wow factor to any holiday gathering.

PHOTOS BY THINKSTOCK

narled strings of

TREES:

PHOTOS BY ANTHONY THORNTON

If you’re trying to decide what kind of tree to order, simply remember that the Fraser Fir is the Cadillac of Christmas trees. It has good needle retention, sturdy branches that can hold heavy ornaments, and the potential for extended water uptake, which allows it to stay fresh for many weeks indoors if cared for properly. Other tree options include the Noble Fir, which has strong branches but may brown and dry prematurely if not placed in an ideal location;

and the Douglas Fir, which has an old-fashioned Christmas tree look and a classic Christmas scent but longer and less sturdy branches than the Fraser Fir. Order Christmas trees in mid-November to ensure availability and delivery. Décor tip: As with holiday lighting, a design concept or overarching holiday theme can add some method to the madness. Artfully arrange meaningful ornaments on the tree of your choosing, but embrace the idea that sometimes less is more.

Marty Jones is the owner and manager of Colorado Alpines & Wildflower Farm in Edwards. Marty has lived in the Vail area since 1973, and his work with Colorado Alpines & Wildflower Farm has inspired extraordinary landscapes and gardens in the Vail Valley and beyond. Marty can be reached at marty@thewildflowerfarm.com.

421 BEAVER DAM CIRCLE | VAIL VILLAGE

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4 bedrooms | 5 bathrooms | 2398sf

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REAL ESTATE NEWS

NEW LEADERS Vail Board of REALTORS® & Vail Multi-list Service installs new officers and directors

n a recent ceremony

that was widely attended by members and affiliates of the Vail Board of REALTORS® (VBR) and Vail Multi-list Service (VMLS), held at Vista at Arrowhead, the group installed its new officers and directors, and honored the commitment and service of its outgoing board. The event was officiated by outgoing VBR Chair Mike Budd, incoming VBR Chair C. Onie Bolduc, and VMLS Chair Jim Pyke. “It has been a priviledge for me to be the Chair of the Vail Board of REALTORS®,” said Budd, who thanked all of the directors of both the Vail Board of REALTORS® and Vail Multi-List Service. “We have an outstanding staff, board

VAIL VALLEY HOME | NOVEMBER 2014

and membership. The already high benchmarks of this organization have been maintained, and we are prepared for the future. We have even been commended by the state for our performance and leadership approach to the future.” The group recognized its sponsors and past presidents and appointed its new officers and directors. The 2014-2015 VBR Directors are: Onie Bolduc, Chair of the Board; Terry Nolan, Chair Elect; Mike Budd, Past Chair; Jim Pyke, VMLS Director; Michael Routh, Director; Crissy Rumford, Director; Valerie Valene, Director; Corey Lamothe, Director; Betsy Laughlin, Director; Scott Marino, Director; Jay Raiola, Director and Drew

Wachter, Affilate Board Liason. The 2014-2015 VMLS Directors are Jim Pyke, Chair of the Board; Michelle Rampelt, Director; Kyle Denton, Director; Eileen Duke, Director; and also Onie Bolduc and Terry Nolan, VBR Directors. Also honored were REALTOR® of the Year Julie Retzlaff of Slifer Smith & Frampton Real Estate, and Affiliate of the Year, William Desportes. “We have many challenges and opportunities in the real estate industry with constantly evolving and emerging technology,” noted Pyke. “Our goal is to always preserve the integrity and accuracy of the housing data, and to equip our REALTORS® with the tools and knowledge

they need to be successful.” “I’m honored and humbled to be a part of this strong organization that is filled with some of the finest professionals in the real estate industry,” said Bolduc. “The high level of professionalism is exemplified through our past leadership, current and incoming Board of Directors and Committee members’ commitment to excellence and commitment to provide value, communication, professional development and a strong community presence for our members, affliates and industry. I am privileged to fill the position of Chair for 2014/2015 and will work diligently to add value to the Vail Board of REALTORS®’ Membership.”

TOP HONORS Julie Retzlaff Wins Realtor® Of Year Award

2014 r e c i p i e n t of the Vail Board of REALTORS’® (VBR) REALTOR® of the Year award is Julie Retzlaff of Slifer Smith & Frampton Real Estate. Retzlaff has been a REALTOR® in the Vail Valley for a number of years. Additionally, Retzlaff served as Chairperson of the Vail Board of REALTORS® in the past and currently serves as a Member Services V.P. on the Colorado Association of REALTORS®’ Leadership Council. “Receiving this award is a very humbling experience,” said Retzlaff. “It’s especially humbling to have been chosen by my peers.” Recipients of the REALTOR® of the Year award are nominated by their peers, and past recipients then vote on the winner based on six distinct criteria, which include REALTOR Spirit, Member Board he

Activity, State Association Activity, National Association Activity, Civic Activity and Business Accomplishments. “Julie Retzlaff embodies all of the characteristics that a REALTOR® should,” said Terry Nolan, VBR Chair Elect of the Vail Board of REALTORS® and the 2013 VBR REALTOR® of the Year. “She is truly a perfect role model for those in our profession.” “The REALTOR® of the Year award is very important to our membership base,” said C. Onie Bolduc, Chair of the Vail Board of REALTORS®. “We have an extremely strong membership base with more than 600 members. The group has numerous outstanding leaders who make great competition for the award. Congratulations to Julie; she is a shining member of our community and an inspiration.”

Vail Valley

Christiania Lodge #210 Vail Village ski in/ski out Swiss Chalet adjacent to Gondola One, bike path, stream views in a remodeled 2 bedroom/3 bath condominium.

Priced at $2,150,000 fully furnished.

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FACES & PLACES

FACES & PLACES ON STRIKE! The team of brokers at Sonnenalp Real Estate hosted a fall retreat at Bol in Vail. “We are not just a top real estate company,” they say. “We are a family!”

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VAIL VALLEY HOME | NOVEMBER 2014

Vail Village Office 292 E. Meadow Drive, Suite 105 Vail, CO 81657 (970) 479-6010

Tour de France Paul Gotthelf, of Slifer Smith & Frampton Real Estate, recently finished a week of biking in France, logging more than 48,000 vertical feet of climbing.

Desert Delight

LIS

CEO of Berkshire Hathaway HomeServices, Earl Lee, joins brokers from Berkshire Hathaway HomeServices Colorado Properties at its annual Summit Conference in Scottsdale, AZ. Pictured left to right: Earl Lee, Laurie Slaughter, Scooter Slaughter, Mark Weinreich, Page Slevin, Michael Slevin, Timm Kluender, Craig Denton.

Pristine 5 bedroom single family home with postcard mountain views, set among Aspens and surrounded by open space for ultimate privacy. Just minutes from the Ranch entry gate of Cordillera. •

Highest quality craftsmanship and finishes with 5 bedrooms, 6 baths, 5894 square feet, 3 car garage, 4 fireplaces.

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Massive Double 20 foot tall double-sided fireplace, Alder trim and hand textured floors, Hand hewn ceiling beams.

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Soaring 20 foot vaulted ceilings, floor to ceiling banks of windows, 10 foot French doors. Stone patios from master bedroom, living and dining room bring the outside in.

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Gorgeous main floor private master bedroom wing with fireplace has an elegant bathroom with steam shower, jetted tub, his and hers closets.

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Warm and inviting kitchen with granite countertops, Wolf stove, double ovens and 2 dishwashers. Novo sound system throughout. Lovely family room/theatre room boasts vaulted ceilings, stone fireplace and is wired for surround sound.

Meghan Meehan Diana Meehan

Pristine, Highest Quality! 5 Bedrooms! Offered at $2,595,000

PLEASE CONTACT US cell: (970)-376-1202 | dmeehan@vail.net | www.DianaMeehan.com NOVEMBER 2014 | VAIL VALLEY HOME

TO SKI HOME. A slopeside retreat with snowcapped views, a ski-in/ski-out condo perfect for entertaining, or a sunny lot ready for your mountain masterpiece...

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We’ve got you covered.

2 7 8 B OR D E R S ROA D, BE AV E R C R E E K 7 Bedrooms • 7 Baths • 7,365 SF • $6,925,000 Mick Kelly 970.376.5617

7 6 H O L DEN ROAD, BEAVER C REEK 5 Bedrooms • 7 Baths • 5,072 SF • $4,295,000 Kevin Kenney 970.331.6037

1 4 2 S PR I N G C RE E K L A N E , C O R D I L L E R A 6 Bedrooms • 7 Baths • 7,173 SF • $2,460,000 Vanessa Schwartzel 970.376.1550

H I G H L A N D S S L O PES IDE #206, BEAVER C REEK 3 Bedrooms • 3 Baths • 2,111 SF • $2,295,000 Federico Gaxiola 970.331.2409 | Andrea Webber 970.376.5617

FI R E L I G H T L OD G E #2 0 2 , B AC H E L O R G U L C H 4 Bedrooms • 5 Baths • 2,613 SF • $2,199,000 Bart Peaslee 970.331.3083

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DOWNVALLEY Q&A

FIVE QUESTIONS WITH

Noel Harris of Wall Street Insurance by SHAUNA FARNELL

the oldest insurance company in the valley, offers insight into his thriving, Edwards-based office. Located for 12 years on Vail Village’s “Wall Street,” the area behind Bridge Street where most of the valley’s commerce happened in the 1980s, Wall Street Insurance relocated following a 1996 building fire to the old Crossroads area (where Solaris now stands) and then to Edwards. Wall Street Insurance is the valley’s longest-standing family-owned, independent agency. It offers individually tailored personal insurance plans for homes, vehicles and health, as well as umbrella liability insurance and even aircraft insurance. For businesses, coverage options include workers compensation, property and casualty, business auto and aircraft, employee benefit, bonds and surety insurance, as well as coverage for specialty programs. One of the first occupants of Edwards Village Center, Wall Street Insurance is celebrating its 30th anniversary this year. Owner Noel Harris offers some insight into his company’s success as well as the benefits of operating out of Edwards.

VAIL VALLEY HOME | NOVEMBER 2014

vail valley home : Happy 30th anniversary! Very few businesses can claim such longevity in the valley ... What’s been your secret to success? ns : There is really no secret. Part of our mission is to treat every client with respect, dignity and importance. The clients know that they receive the best professional care from the oldest locally owned and operated independent agency in the Vail area.

How have you seen Edwards evolve since Wall Street’s early days? ns : Edwards used to be a ranch country with only the Gashouse vvh :

filling station and convenience store. When we moved our offices to Edwards, the general consent was that it would be difficult for a business to thrive so far away from Vail. Fortunately many other businesses followed our lead, and over the past 15 years Edwards turned into a bustling commercial and residential area. vvh :

fulfills in this unique community? ns : Wall Street Insurance offers the same professional and knowledgeable insurance services to our community as found in any major metropolitan area. We have access to the best independent companies and products for individual and business needs. What sets us apart is our local expertise and deep knowledge of this remarkable valley.

How would you describe the needs Wall Street Insurance

With 30 years under your belt, what’s the plan for several more decades of success? ns : Wall Street Insurance employs a team of the most professional and dedicated agents that follow the company’s strict ethical and professional standards ensuring successful continuation and growth of the business that I started 30 years ago back on Wall Street in Vail.

Why is Edwards an ideal location for Wall Street Insurance? In your opinion, what sets it apart from the rest of the valley? Edwards is ideal for us because of its central location within Eagle County. There are multiple professional and medical offices, retail stores and restaurants making Edwards a hub for the locals and tourists from both ends of the valley.

vvh :

PHOTOS COURTESY WALL STREET INSURANCE

oel harris, owner of

Eagle 2800 Rule Ranch Road Stunning panoramic views on 35 acres

Vail Village Manor Vail No. 687 Recently updated and steps to the slopes

$1,650,000 4 Bedroom | 5.5 Bath | 6,852 sq. ft. Jennie Longville May, 970-390-6617

Avon Avon Lake Villas Y3 In the Heart of Avon

$759,000 1 Bedroom | 1 Bath | 687 sq. ft. Joni White Taylor, 970-390-1402 | Lee May, 970-333-4562

$387,500 3 Bedroom | 3 Bath | 1,302 sq. ft. Andrew Keiser, 970-331-4695

Eagle Ranch 85 Foxglove Lane 30 minutes to world class skiing

Eagle Vail 144-B Grouse Court On the golf course

Vail Golf Course Fallridge No. 101 Easy mountain living

$685,000 4 Bedroom | 4.5 Bath | 4,153 sq. ft. Valerie Valene, 970-471-1424

$830,000 4 Bedroom | 3.5 Bath | 2,739 sq. ft. Joni White Taylor, 970-390-1402

$498,000 1 Bedroom | 2 Bath | 949 sq. ft. Lee May, 970-333-4562 | Joni White Taylor, 970-390-1402

Lake Creek Valley 477 Pilgrim Drive 15+ acres of privacy and views

$1,850,000 6 Bedroom | 6.5 Bath | 7,529 sq. ft. Jennie Longville May, 970-390-6617

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NEIGHBORHOOD SPOTLIGHT

EAGLE COUNTY AIRPORT

Come Fly with Me The airport is more than a runway — it represents Eagle County’s growth and accessibility

a c k i n t h e 1930 s , a long, grassy area was created to serve as an emergency landing strip for planes flying the Los Angeles-to-Denver air route. Using that initial runway, the Eagle County Airport opened in September of 1947; it now hosts in the vicinity of 340,000 commercial passengers and

VAIL VALLEY HOME | NOVEMBER 2014

over 38,000 operations per year, many of which are private jets. Today, the airport continues to expand and grow as the county continues to expand and grow; and the officials at the airport are working to keep ahead of the curve. “We are dealing with both international and domestic flights and constantly working to improve non-stop service to the

Eagle County Regional Airport,” says Aviation Director Greg Phillips. “Our biggest and fastest-growing international market is Latin and South America, and we currently have a direct flight from Toronto with Air Canada. The two biggest elements in bringing in international flights are to have an airline commit to the route, and we need to have

professional customs officers trained — as well as an area to screen those passengers.” During the winter season, the airport sees 70 to 75 percent of its annual commercial traffic, as well as a significant part of the private plane traffic. That, combined with seasonal weather restrictions, means construction is always on fast-forward mode during

PHOTO BY ANTHONY THORNTON

by KATHY FILGO

rare & extraordinary properties

red draw ranch, Squaw Creek $5,995,000 72 Acres . Perfect Equestrian & Private Fishing Retreat . Water Rights

25 stag gulch court, Cordillera Ranch $2,395,000 5 Beds, 6 Baths . 5,361 SqFt . Sweeping Gore RangeViews, Stone Terraces

oxford court #202, Beaver Creek $1,590,000 Ski-in/out 3 Beds, 3 Baths . 1,814 SqFt . Pool, hot tub, fitness & lockers

eagle river estates, Eagle $875,000 35.5 Acres . 850 feet of Eagle River frontage . Incredible Private Fishing

10 sanctuary lane, Cordillera Valley $2,300,000 5 Beds, 5.5 Baths, Study . 5,181SqFt . Expansive Stone Terraces, HugeViews

267 EAGLE RIVER ROAD, Arrowhead $4,595,000 6 Beds . 6,203 SqFt . Stone Terrace with Firepit overlooking Eagle River

gateway land & development

real e s tat e Suzi Apple

970.376.5417

Apple@GatewayToVail.com

GatewayToVail.com

cordillera ranch

m, 5,361 SqFt home on private lot overlooking golf course & vistas nspiring Gore Range views | HUGE REDUCTION! $2,395,000

river ranch road,

NEIGHBORHOOD SPOTLIGHT

PHILLIPS SAYS THAT ALL OF THE IMPROVEMENTS AREA PRECURSOR TO A $20-MILLION UPGRADE TO THE ENTIRE TERMINAL..”

arrowhead river ranch

us 6 bedroom, 6,203 SqFt home | Beautiful setting on Eagle River finishes, main level living, large terraces set on River | $4,595,000

One Willow Bridge Road 3 bedroom European elegant condo with french doors to large patio for entertaining, 2 fireplaces, steam shower. Cozy sitting area in master to enjoy mountain views, gourmet kitchen, custom finishes.

Iconic penthouse in the center of Vail! 4 bedroom Luxury Penthouse with 2 master suites, vaulted ceilings, 2 fireplaces, all bedrooms have a patio or balcony with views of the mountains, creek and Solaris Plaza

$4,595,000

$7,950,000

24 hourranch, security, heated parking, valet, van, and concierge service, infinity pool on Gore Creek, ed draw squaw creek/edwards 2 hot tubs, ski and personal storage, hight-tech electronics, Sonnenalp Hotel spa, exercise facility

, private 72-acreand ranch waterfalls, & trout-filled ponds pool.with Luxury, Location,creeks Lovely views – It does not get any better in Vail Village! t guest residence & restored cabin | 4 fenced pastures | $5,995,000

g at e way

Teri Lester, Broker Cell: 970-376-0779 Office: 970-926-6777

land & development

Apple

real e s tat e www.GatewayToVail.com

970.376.5417

Gateway Land and Development Real Estate | 183 Gore Creek Drive, #5 ■ Vail, CO 81657

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the summer months. This past summer has seen runway maintenance, the installation of electronic sensors in the pavement around the terminal for snow control, a $5.8 million snow-removal equipment building completed, updating the baggage area, an $8.5 million reconstruction of the concrete parking apron for the airplanes, updating the equipment in the traffic control tower and a facelift for the restaurant. Phillips says that all of the improvements are a precursor to a $20-million upgrade to the entire terminal. “We are constantly working on a revolving-scale for our 20-year master growth plan. We identify our needs and then further break things down into both concepts and cost estimates. We recently updated the master plan, which helps identify our future… and this is something we update every 10 years. For example, we have a nice entryway, but once passengers get through security it gets very crowded. As we look forward, this is the type

of area we need to address.” Options for a customs facility, one that could include a $2.6 million restructuring of the old terminal to accommodate direct international flight, are also being researched. But all of this does not happen in a vacuum. “There needs to be a contract between the airlines and the community,” says Phillips. “When an airport is looking to expand the airline flights into it, especially the smaller regional airport like ours, the airlines want community

PHOTOS COMPLIMENTS OF EAGLE COUNTY REGIONAL AIRPORT

stag gulch court,

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support, and that often includes a financial stake in the form of something called a minimum revenue guarantee. That means if the new route is successful, no community funds are expended, but if the route is only marginally successful or unsuccessful in the first tenuous years of the new service, the community needs to fund part of the risk.” As you, your family or your

guests are flying in and out of Eagle County Airport know that you are not the only thing moving forward — the airport is continually researching and working on better, more efficient and effective ways to make your travels more comfortable. The objective is to be prepared for keeping up with the growth pace of Eagle County, on the ground and in the air.

The Paint Bucket

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970-949-4695 | www.thepaintbucket.com 970-328-4695 | 212 Chambers Ave | Eagle, CO Follow Us At Facebook or Twitter

NOVEMBER 2014 | VAIL VALLEY HOME

PROPERTY SPOTLIGHT

THE RANCH AT CORDILLERA

Welcome to Medora Ranch Step into the world of beautiful, authentic Colorado

t b e ga n w i t h t h e p e r f e c t

site, complete with old-growth trees and mountain pine, and a setting that presented privacy for a family craving a discrete, cozy lifestyle. From there an authentic Colorado ranch home, both architecturally and environmentally, was created. The welcome into your home begins with a dramatic and distinct entry. A lovely circular

VAIL VALLEY HOME | NOVEMBER 2014

drive to the front entry tower imparts a strong sense of arrival. This is, in part, due to a separate driveway that accesses the garage which is not seen from the front of the house. Not only does this add to the impressive entry, but it also complements to the genuine integrity of the ranch theme. The authenticity of the house can be seen throughout in the architectural use of stone with an

interior stone wall that suggests it had once been an exterior wall from an original structure in a different time. The barnwood siding on the ceilings, the pecky cypress beams and the 100-yearold floors are all materials that would have been used on a ranch from yesteryear. But while the authentic features and finishes are reminiscent of the extraordinary esthetics of the past, this ranch

home is firmly planted in the present with every feature desired by today’s modern family. A cutting-edge chef’s kitchen, adjoining hearth room and fully-appointed butler’s pantry, state-of-the-art media room, heated walkways and terraces, full indoor/outdoor sound system, hot tub, and grilling station serve all the needs of a family and provide for the height of

PHOTOS COURTESY OF RIC STOVALL & MIKE BRADBURY

by KATHY FILGO

PROPERTY PROFILE 524 RED DRAW • 7,695 Square Feet • Offered for $3,385,000 • 6 bedrooms, 5.5 baths • Lot size: 1.27 acres • Built in 2008

LISTING AGENTS PAM HORAN-KATES 970.926.3505 office 970.390.0669 cell phorankates@slifer.net LED GARDNER 970-376-0223 led@ledgardner.com www.ledgardner.com

comfortable modern-day living. Enhancing the extraordinary lifestyle this home provides over 1,800 square feet of outdoor living spaces, decks and patios. A back yard surrounded by lush greenery, heated patios and covered porches is accessed

through multiple sets of French doors which allow the inside and outside to flow seamlessly into one another, providing spectacular areas from which enjoy real mountain living and to perfectly entertain groups both large and small.

This is an elegant home that never compromised on the original, authentic ranch home vision. Each corner of this special home, each fixture, each material has been meticulously chosen and you will find that the result will take your breath away.

Unique features in a very exceptional home: • Open, ranch-style floor plan with main floor Master Suite, Kitchen/Hearth Room, Living and Dining Rooms, all beautifully scaled for both maximum impact and comfortable living • Over 18,000 square feet of outdoor living spaces, decks patios • 4 distinctive fireplaces • 100-year-old milled pine floors • Pecky cypress hand-hewn beams • Tiger wood Brazilian hardwood decking • Pine barnwood-style ceilings • Multiple sets of French doors opening to private outdoor living areas • Professionally designed media room • Glassed-in bridge to upstairs office • Heated three car garage complete with dog wash tub • Private, two-bedroom suite over garage • Privately situated hot tub For more information and beautiful imagery of this unique estate, please visit www.524reddraw.com, or contact Led and Pam, or your favorite REALTOR, for your private showing. NOVEMBER 2014 | VAIL VALLEY HOME

MARKET REPORT

BY THE NUMBERS

The Value of Lifestyle Knowing exactly what you want is valuable information when buying a home

h , t h e va i l va l l e y

lifestyle. Whether you move here for the winter recreation or summer is your hot spot, the reason most of us choose to purchase real estate in this beautiful Rocky Mountain community is to spend quality time doing the things that we love — fueling our lifestyle. And, each of our local neighborhoods is, in and of themselves, a micro community that caters specifically to each person’s ideal. If you are here for the village nightlife, enjoy at-

VAIL VALLEY HOME | NOVEMBER 2014

tending the wide variety of winter events and love to hit first tracks, then you probably want to live closer to the resorts. If you want true Western Colorado, small-town living with a longer golf season, enjoy riding your mountain or road bike, hike or snowshoe, we will most likely see you “down valley” in the banana belt of our western communities. So, how do you put a price on lifestyle? That is one of our biggest challenges as REALTORS®. Our best approach is to look to the

numbers. The market has been trending upward, for the most part, since the start of 2012, with some exceptions. The third quarter (Q3) numbers continue to reflect this trend. They also confirm that pricing is indicative of the property and, in many cases, proximity to the resorts. With all the action we have seen year-to-date in the communities closer to and within the resorts, other communities have been slow simply because of a lack of inventory. Make no mistake: Even if inventory is low, demand

still exists. Buyers are out there waiting to change their lifestyle. Getting realistic The high desire for buyers looking to change their lifestyle combined with low inventory could be considered a “sellers market.” But the current buyer persona challenges this perception. Buyers are quite savvy right now, not necessarily because they are looking for an amazing deal — those days are gone, but, more because they have to be in order to secure the

What is the Sales Incentive Program?

What does it do for the Seller?

What does it do for the Buyer?

The Sales Incentive Program is a marketing campaign aimed at generating buyers through innovative advertising of your home, buyer and agent motivation and ensuring that your home is shown by every REALTOR in the market through our $10,000 give-a-way.

The Sales Incentive Program will ensure you, the Seller, that every potential buyer in the market and every Agent that has a buyer in the market is exposed to your property. Furthermore, it will put the “urgency” in the hearts and minds of both the Agents and the Buyers to bring an offer on your home. Your home will receive the maximum exposure possible! The Program creates more demand for your property and gets Realtors excited about selling your home. They get a chance to win $10,000!

The Sales Incentive Program eliminates all the listings that are not “serious” about selling. When the Buyer is looking at a home participating in the Listing incentive Program, they can be assured the seller is serious about selling their property.

Make sure your home is DISTINCTIVE with our exclusive Sales Incentive Program!

No one else offers you anything like this for marketing your home!

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BROKER ASSOCIATE

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FLOYD DUFFY

JENNIFER COULSON

BROKER ASSOCIATE

Office: 970-476-2113 • coldwellbankervail.com

DEVELOPMENT OPPORTUNITY

MARKET REPORT

www.BackhusandAssociates.com

BUYING REAL ESTATE IS A LIFESTYLE DECISION NO MATTER WHAT PRICE POINT WE ARE WORKING WITHIN.”

JESSE’S PARCEL Excellent development opportunity along the Eagle River between Edwards and Avon. 4+/- acres of south facing riverfront property, adjacent to bike and walking paths. With utilities and public transportation nearby, and less than a mile to the Arrowhead Ski Area and Golfcourse, the property lends itself to a variety of development possibilities. Currently zoned ‘Resource’. With over 500 feet of river frontage and surrounded by existing development, Jesse’s Parcel is a unique opportunity within the Vail Valley marketplace. Price reduced to $3,300,000

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888.699.8556 | eastwestluxuryhomerentals.com

VAIL VALLEY HOME | NOVEMBER 2014

lifestyle change they seek. Corey Lamothe, Vail Board of REALTORS® board member has noticed a difference in buyers looking at Vail Valley real estate today. Many of her buying clients have spent a great deal of time in the Vail Valley and are now looking to make this lifestyle permanent. “The difference in clients looking to buy property now as opposed to pre-recession is that they are looking for a lifestyle, not an investment. Although they have a mentality of not wanting to ‘miss out’ on getting into a property with the current low interest rates, they are still very savvy,” says Lamothe. “In many cases, it’s a comparison of time versus money. They don’t have much time to spend fixing up a home, so they will spend the money for a turnkey property that allows them to start enjoying the lifestyle as soon as possible.” “With this type of selective buyer, it is important for sellers to sit down with a REALTOR® who specializes in their neighborhood community and really analyze the numbers to come to a realistic selling price,” adds Lamothe. The fact of the matter is, when a selling price is unrealistic, it can only lead to an increase in the number of days on the market. When a property sits on the market long enough, even if it is in pristine condition, buyers wonder why. Yet, when a property is appropriately priced, sellers will get within 95 percent or more of their asking price. Building up to winter Getting back to the numbers, we still have a deficit of inventory, particularly in our western communities. This could be because sellers are watching the market gradually increase and they want to be ready for

the height of our winter selling season. They also understand the need for turnkey properties. What does this mean? You guessed it: Construction is in high demand right now. The shoulder seasons (fall and spring) traditionally see a lot of construction, but Q3 has most of our local contractors bordering on overwhelmed. This is exciting news for the upcoming winter selling season. And, if anxious buyers can hold on, there could be a number of beautifully upgraded homes for them to view in the coming months. According to Eileen Duke, Vail Multi-list Service board member, even though the market is trending upward, Q3 has been a challenge in some respects because of the lack of inventory. But, she feels like this trend will pass and with it will emerge some exciting new properties to show. Like Lamothe, Duke has selective buyers looking for the right property for the right price. “I live in a community where many of my neighbors are subcontractors, and they are completely booked. Although my buyers are eager to purchase, they are also very knowledgeable, and they are looking for turnkey,” says Duke. “Fortunately, I know there is a lot of construction going on right now, and some of that will undoubtedly turn into property listings.” “Buying real estate is a lifestyle decision no matter what price point we are working within. I’ve seen unrealistic pricing and aggressive pricing in all price ranges. Because of this, and the continuously changing market, I sit down with my clients and first learn about their lifestyle goals. Then, we examine the most current numbers. Because ultimately, each person has different values when it comes to their lifestyle.”

SKI

Vail

NEW LISTINGS YTD 2013 1,365 YTD 2014 1,348 % CHANGE -1.2% 2120 Vermont Road | $2,675,000 | MOUNTAIN CONTEMPORARY single-family 4 bedroom/4+ bath home backing to National Forest! Thoughtful design with large windows, great views and beautiful flagstone patio for outdoor living! Main-Floor Master Suite and Gourmet kitchen!

12-2011

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Vail Village

L O S

PENDING SALES YTD 2013 889 YTD 2014 942 % CHANGE +6.0%

12-2011

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CLOSED SALES YTD 2013 809 YTD 2014 820 % CHANGE +1.4%

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Vail

L O S 12-2014

PCT. OF LIST PRICE RECEIVED YTD 2013 95.2% YTD 2014 95.4% % CHANGE +0.2%

12-2011

Mountain Haus #679 | $1,895,000 | PRIME LOCATION! 3 bedroom/3 bath Penthouse at Vail Mountain Haus right next to Vailâ&#x20AC;&#x2122;s famed Covered Bridge in Vail Village! Skiing, shopping and dining right outside your door! Pool, hot tub, with great management and rentals!

12-2014

Millrace 4A | $1,095,000 | BEAUTIFULLY REMODELED 2 bedroom/2 bath with garage located within a short walk of ski lift and next to Cascade Hotel. One level unit with great rentals! Slab granite, slate, hardwood. Pool and hot tub! Call today.

Singletree

L O S

DAYS ON MARKET YTD 2012 185 YTD 2013 178 % CHANGE -3.8%

12-2011

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ACTIVE LISTINGS

1020 Winslow Road | Price Reduced to $724,000! | VALUE ABOUNDS in this immaculate 4 bedroom Singletree home perched up high on sunny hillside with delightful living spaces including a large secondary family/rec room and extra deep 2 car garage. Southern exposure provides warmth and comfort in addition to valley and mountain vistas. A spacious kitchen features new stainless appliances, breakfast nook, and private patio. The home is in perfect condition and easy to view.

Larry Agneberg Berkshire Hathaway HomeServices Colorado Properties

12-2011

12-2012

12-2013

12-2014

Larry@Come2Vail.com 970-376-7100 Come2Vail.com Call me to view these and all other Vail Valley listings

NOVEMBER 2014 | VAIL VALLEY HOME

KITCHEN

Light and open with windows on both sides, this kitchen is exceedingly functional. It features a builtin breakfast nook. designed by rkd architects

PHOTO BY GREER PHOTO

VAIL VALLEY HOME | NOVEMBER 2014

EVOLUTION K

itchens are such integral gathering places in our homes these days that it’s hard to imagine small kitchens hidden in the backs of 1950s and 1960s homes, where secluded wives, who wore apronwrapped dresses, toiled for hours to deliver square meals to their families every day. The evolution of kitchens not only chronicles architecture and interior design, but also illustrates societal changes in attitudes and lifestyles.

Today’s kitchens are multi-functional gathering spaces by KIMBERLY NICOLETTI

WOMEN EMERGE INTO OPEN SPACE For most of the 20th century, kitchens remained compartmentalized, usually accessed through a door (or two) from a dining room or hallway. “Kitchen activities were segregated from the balance of the home for various reasons, including reasons we would consider dated, if not offensive today: formality, aromas, even socio-political reasons and sexist reasons,” says Doug DeChant, Principal of Shepherd Resources, Inc. AIA Architects. Structured kitchens segregated primary cooks, usually women, from their families as they prepared dinner, and later cleaned up, while everyone else interacted in the family room. “Somewhere, mom said she was tired of being left out of the party,” says Jack Snow, owner of RKD Architects, in a lighthearted manner. Meanwhile, architects like Frank Lloyd Wright began designing open floor plans, based on a centralized kitchen, which became more popular around the 1970s. “It went from hidden to the social hub of the house,” says Kyle Webb, owner of K.H. Webb Architects. And as the space opened up, so, too, did the social structure; dress codes loosened, men’s and women’s roles expanded, and women no longer needed to prepare meals behind closed doors. “Kitchens, like so many areas of our lives, have responded to the shifting nature of our formality,” DeChant says. “As a culture, we have become more relaxed, more casual, which has become evident in the more relaxed plans and spaces we inhabit.” By the 1990s, open floor plans became the norm, especially in mountain houses, where entertainment plays key roles.

NOVEMBER 2014 | VAIL VALLEY HOME

Traditional in layout but contemporary in feel, this kitchen is somewhat separated from the living area. It features a wall of windows above the counter surface and a breakfast nook. designed by rkd architects

and families an area to grab a quick bite or linger with a drink as the chef prepared a meal. Now, the bar concept has transformed into multiple islands, where guests sit in comfortable, lower chairs. “(Islands are) ubiquitous, wonderful, functional elements

EVOLUTION OF OPEN SPACE Within open floor plans, certain trends have emerged and morphed throughout the years. An early element included a breakfast nook, located within or adjacent to the kitchen. “(It) offers convenience by proximity, responding to the gradually accelerating pace of our lives,” DeChant says. “This concept has expanded to include even soft seating in the same vicinity.” Much like a restaurant, some kitchens incorporate cozy, curved “booths” and adjoining hearth rooms. Similarly, breakfast bars, lined with high chairs, offered friends

AS A CULTURE, WE HAVE BECOME MORE RELAXED, MORE CASUAL, WHICH HAS BECOME EVIDENT IN THE MORE RELAXED PLANS AND SPACES WE INHABIT.”

VAIL VALLEY HOME | NOVEMBER 2014

upon which we prepare or stage dinners, and around which we gather,” DeChant says. “By now, this trend has deep roots, and has caused the kitchen to gradually become a larger space, often more centrally located within the home.” Since kitchens have evolved from galley layouts to those with three to four islands, kitchens

have become larger, by 20 percent to 30 percent, Webb says. The “efficient triangle” of refrigerator, dishwasher and cooktop has expanded to accommodate a couple faucets, dishwashers and ovens, and up to 6- to 10foot ranges, in some cases.

Wet bars also are becoming more popular, but gone are “old school,” basement bar designs. Webb recently completed a bar with a countertop fashioned from a tree sliced in half, positioned next to a sink made from a boulder. Now bars with artistic liquor cabinets and displays are playing prominent roles, in or

PHOTOS BY GIBEON PHOTOGRAPHY

“It’s a social valley,” says Adam Harrison, a senior associate at Shepherd Resources. “I think people come here to be social, so they go hand in hand, but more over than that, I think we’re a society that has evolved to not segregate someone in the kitchen — seems kind of lonely.”

Epitomizing functionality, a sleek Bulthaup kitchen from Germany complements the eclectic interior of this Vail home. designed by kh webb architects

clockwise, from top: This working kitchen for a serious chef connects directly to a glass conservatory, added to the home by breaking through the existing exterior stone wall. designed by shepherd resources, inc /aia

‘Rich materials and comfort prevail in this bachelor’s kitchen, designed as his ski group’s morning launch pad, and central element for evening dinners. designed by shepherd resources, inc/aia. This family kitchen is an expression of fresh Asian minimalism and an open plan, arranged next to the large community dining table and linked to primary exterior living spaces. designed by shepherd resources, inc /aia.

adjacent to kitchens, Webb says. With bars, breakfast nooks and multiple islands — some for prepping and others for socializing — kitchens are becoming “a series of little social hubs,” Webb says. INSPIRED BY RESTAURANTS Fully stocked bars aren’t the only trendy elements finding their way into mountain kitchens. For some time now, homeowners have taken cues from the commercial world, filling their kitchens with professional-grade appliances, as well as huge storage pantries, multiple refrigerators, dishwashers, ovens, faucets, and even pizza ovens. “Influenced by the restaurant, the kitchen always becomes original with the many ‘wants’ of their owners,” says Jeffrey Wright, architectural intern at Shepherd Resources Inc. “With these wants on display, the tailored kitchen in any mountain home is an invitation to dine in. After all, there is no better restaurant than at home.” Wright sees homeowners tying in designs of their favorite valley restaurants, from the establishments’ atmosphere and spatial layout, to the “fascination of watching our food being prepared,” he says. 44

VAIL VALLEY HOME | NOVEMBER 2014

“These, and other restaurant design considerations have all shaped how we use, admire and feature the kitchen in our homes.” Vail Valley homeowners’ love of the culinary arts also has shaped kitchen design over the years, DeChant says. “Cooking as a team sport, especially among couples and multiple-generation gatherings (is popular),” he says. “We have placed greater value upon preparing meals as we visit together with family and friends. We tend to prefer companionship to isolation. We also don’t think of cooking so much as labor, and more of enjoyment.”

WHAT’S HOT — NOW AND TO COME Ryan Wolffe, senior associate at Shepherd Resources Inc., sees more and more homeowners placing “extreme attention to and priority put upon detail in the kitchen.” Manufacturers continue to unveil innovative materials, like Bulthaup kitchens, which feature cabinetry and unique appliances to capitalize upon the maximum use of space in an efficient, minimalistic manner. These kitchens take contemporary to a new level, installing only what is absolutely necessary, and achieving an overall artistic, sleek kitchen.

Many homeowners also have been omitting the upper cabinetry. “There certainly is a functional price to pay, but if you have the room, the kitchens are so much lighter, nicer and more open,” Snow says. The trend follows mountain homeowners’ desire for contemporary kitchens. “People just want to be efficient and super clean,” says Eddy Doumas, owner of Worth Interiors in Vail. They also desire more stylistic kitchens, with features like waterfall edges in islands or countertops, and cabinet doors made of stone. “More and more, people look at kitchens as a design

PHOTOS BY DANN COFFEY, GIBEON PHOTOGRAPHY AND GAVIN PHOTOGRAPHY

Custom walnut cabinets and commercial-grade appliances arm this transitional kitchen for entertaining. designed by kh webb architects

element (rather) than as a functional piece,” Snow says. Specifically, materials like concrete are replacing the granite that predominated for over a decade, and cabinetry has evolved from rustic, knotty pines to straight-grained wooden doors with touch latches for a cleaner, more European look, he says. “Kitchens are certainly more contemporary, (but) in a warmer way,” Doumas says, explaining how European cabinet manufacturers offer “more of a practical, user-friendly, very well engineered design.” “As it keeps evolving, it gets more technical,” he says, expounding about custom finishes like high-gloss lacquers, which have evolved in the last decade, to more high-tech appliances like steam ovens and induction cooktops. “It really is about the materials.” “Kitchens are becoming much more of an art piece,” Webb says. While the “art piece” has

maintenance effort,” he says. evolved to often “hide” appliThe appreciation of the outances within cabinetry, the one doors also had spilled over to a exception to that rule comes in fascination with outdoor kitchens. the form of ranges and hoods. In the past decade or so, ex“People are making them a design feature,” Webb says, “using travagant kitchens have migrated beyond the indoor boundaries, steel, bronze and copper hoods as focal points.” “and have occasionally become Another creative FOR MORE INFORMATION: central outdoor “invention” inliving elements volves positioning RKD ARCHITECTS on our patios,” the cooktop directrkdarch.com DeChant says. ly in front of a winSHEPHERD RESOURCES, INC “Outdoor dow with a view. sriarchitect.com kitchens are For years, people stood in front of becoming more KH WEBB ARCHITECTS faucets, washing common due khwebb.com to Colorado clidishes and looking mate, and I think out a window, but very few homeowners opted to this is one of the most exciting place glass near potentially greasy things in kitchens,” Wolffe says. cooking areas. So to mitigate some Indoors or out, professionals of the mess, architects like Desee sleek, artistic kitchens with Chant build a deeper countertop, professional-grade, technical appliances continuing to trend in to increase the distance between the future, and with this comes the cooktop and the glass. plenty of “bells and whistles,” “The view was greater than the

as well as expansion in size. But at some point, some predict a contraction in kitchen size, bringing it back to a more simple space — but not right away. “The change will stay for a while because it is now expected, but I expect a small pullback in size and overdoing it in the years to come,” Wolffe says. In fact, DeChant points to clients who request separate or semi-separate kitchens with deliberate staging and serving spaces. As Harrison points out: “Everything changes, which keeps things fresh.” And the beauty of change is the prospect it presents. “People are noticing that this is an opportunity to do something special for design,” Snow says. But however kitchens continue to evolve, it’s safe to say they will continue to be the heart of the home — a place where humans continue to foster love and camaraderie. NOVEMBER 2014 | VAIL VALLEY HOME

VAIL VALLEY HOME

REAL ESTATE

BEAVER CREEK Ironwood Townhome #3 $2,265,000

Boasts fabulous views of Beaver Creek ski slopes and long views down the golf course into the valley below. True attention to detail is evident throughout this completely remodeled townhome.

EAGLE RANCH 64 Penstemon Lane $1,290,000

CONTACT:

Mick Kelly 970-376-5617 mick@vail.net Fuller Sotheby’s International Realty

CONTACT:

Marla Hillerich 970-390-7049 Marla@vail.net

BEAVER CREEK Highlands Westview 307 $1,550,000 Offers a phenomenal ski in/out location and a fun and fresh remodel that makes great use of the space. A large loft functions as a second living area/4th bedroom, complete with 4 log bunks, sofa chairs, game table, media and your own sauna. This home is designer furnished and sold turnkey, perfect for those who want both location and amenities.

VAIL VALLEY HOME | NOVEMBER 2014

CONTACT:

Marla Hillerich 970-390-7049 Marla@Vail.net Berkshire Hathaway

Amazing Bachelor Gulch builder’s personal residence. Incredible finish level. Wonderful mountain views. Movie theater, in-law suite, 3 car garage, beautiful!

BEAVER CREEK 76 Holden Road $4,295,000 Breathtaking 180 degree views from the ski slopes of Beaver Creek Resort to Red and White Mountain. This executive retreat captures a lot of natural light from the abundant east facing windows. The residence has 5 bedrooms two of them master suites and a one bedroom/two bath caretakers lock-off apartment with kitchen and living area. Many thoughtful improvements have been made to this home including a wonderful stone patio to enjoy the summer evenings.

CONTACT:

Kevin Kenney Fuller Sotheby’s Int. Realty 970-331-6037 Kevin.Kenney@ sothebysrealty.com

Vail Market Center

Vail - $950,000

LD O O S

Eagle Vail - $679,000

Avon - $720,000

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LD O S

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VAIL VALLEY HOME | NOVEMBER 2014

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Buying or Selling Real Estate in the Vail Valley? Contact the Expert.

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CORDILLERA

The Cordillera Mountain Course becomes a pristine cross-country and snowshoe track in the wintertime, as well as one of the countyâ&#x20AC;&#x2122;s prettiest spots to take an old-fashioned sleigh ride.

VAIL VALLEY HOME | NOVEMBER 2014

PHOTO BY JUSTIN MCCARTY

FROM EAST TO WEST AND EVERYWHERE IN BETWEEN, WE’VE GOT YOU COVERED. Summer 2014 - Sold Highlights Throughout the Vail Valley VAIL VILLAGE | FOUR SEASONS 9202 SOLD DATE: 7/30/14 | SOLD PRICE: $8,747,000 DANA GUMBER | 970.390.2787

BACHELOR GULCH | 41 SKYWATCH COURT SOLD DATE: 10/6/14 | SOLD PRICE: $3,700,000 DANA CORREIA | 970.390.3141

SOLD ARROWHEAD | 201B RIVERBEND DRIVE SOLD DATE: 8/7/14 | SOLD PRICE: $1,675,000 MATT IVERSON | 970.390.9198

SOLD SINGLETREE | 183 MESQUITE DRIVE SOLD DATE: 8/21/14 | SOLD PRICE: $1,100,000 LED GARDNER | 970.376.0223

SOLD LAKE CREEK | 1531 LAKE CREEK ROAD SOLD DATE: 7/31/14 | SOLD PRICE: 2,250,000 JEANNIE HAUFF | 970.390.8596

SOLD CORDILLERA VALLEY CLUB | 381 LEGACY TRAIL SOLD DATE: 6/25/14 | SOLD PRICE: $2,625,000 LIZ LEEDS | 970.331.1806

SOLD Whether you are looking to buy or sell in the resort or mountain real estate market, we are the go-to for all things LOCAL in the Vail Valley.

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SOLD

Vail 2310-B Sequoia Drive Stunning interior finish and style

$1,975,000 6 Bedroom | 5.5 Bath | 4,338 sq. ft. Scott Bandoni, 970-390-9400

East Vail 4899-A Meadow Drive East facing views and outdoor living spaces

$1,585,000 4 Bedroom | 4 Bath | 2,713 sq. ft. Craig Denton, 970-376-0087 | Kyle Denton, 970-393-2154

Beaver Creek 153 Village Walk Exquisite Village Walk residence overlooking creek

Beaver Creek Villa Montane No. 215 Fabulous location in the core of Beaver Creek

Lionshead Arrabelle Residence No. 522 Steps to the Lionshead Gondola

$4,495,000 3 Bedroom | 4 Bath | 2,241 sq. ft. Page Slevin, 970-390-7443

Beaver Creek $9,800,000 43 Borders Road 6 Bedroom | 8 Full/2 Half Bath | 9,847 sq. ft. Extraordinary home with luxury finishes throughout Jacquelyn Northrop, 970-390-2315 | Page Slevin, 970-390-7443

$7,200,000 5 Bedroom | 6.5 Bath | 5,411 sq. ft. Mark Weinreich, 970-376-3204

$2,295,000 4 Bedroom | 4 Bath | 2,480 sq. ft. Andrew Keiser, 970-331-4695

Beaver Creek 50 Bachelor Gulch Road On the 7th fairway of the Beaver Creek golf course

$2,395,000 4 Bedroom | 5.5 Bath | 4,934 sq. ft. Andrew Keiser, 970-331-4695

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