Steamboat Real Estate Market Update: Historic Low Supply & New Opportunities

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MAy 2023 Newsletter

OPPORTUNITES IN STEAMBOAT

Join us for an update on the Steamboat Springs real estate market. Chris Paoli of the Paoli Group breaks down our historic low supply, and talks about upcoming opportunities within city limits.

STAGECOACH: A New Era of Luxury Skiing

Over the past couple of years, rumors have been circulating about something brewing in Stagecoach. Although many have dismissed these rumors as just another false alarm, this time they feel different. Instead of a flashy marketing campaign by a venture capitalist firm, the project has been quietly moving forward by the current owners with significant investments and work already underway.

In September 2021, the owners increased their investment by purchasing 27 acres of land on a peninsula that extends into the Stagecoach Reservoir. The following summer saw the commencement of major renovations to the summit lodge, improvements to the access road, and extensive clearing projects. By February 2023, the owners had submitted formal plans to the county.

The proposed private ski and golf club would span an area of over 800 acres, with the ski area covering 731 acres and featuring five lifts and 609 residential units. The 18-hole golf course along the Stagecoach

NEW

Reservoir would cover another 88 acres, with plans for an additional 146 residential units. These impressive plans are sure to generate considerable excitement from luxury skiing and golfing enthusiasts.

However, before the project becomes a reality, there are a host of hurdles to overcome. Nevertheless, the progress made so far suggests that the project is moving in the right direction. The investment and work already completed are impossible to ignore, as the project continues to unfold, it will undoubtedly attract interest. For skiing and golf enthusiasts, this could be the start of a new era of world-class luxury recreation in the Yampa Valley.

COMING SOON, FOR SALE: BELLA VISTA ESTATE

ENDLESS POSSIBILITIES WITH VIEWS TO MATCH!

12 BEDROOMS | 10.5 BATHS | 10,000+/- SQ FT

4 FULLY EQUIPPED KITCHENS | 7 ACRES

LINK TO THE BROCHURE

LINK TO THE VIDEO

Bella Vista Estate is perched above Steamboat Springs with views that span from the Flat Top Mountains all the way across the glorious Yampa Valley. This one-of-a-kind investment property is situated on 7 acres with multiple residences and abundant amenities. Whether Bella Vista is operating in its current capacity as a premier wedding venue or as the perfect spot for a family reunion, the property is ideal as a private family compound or a revenue-generating vacation home. The possibilities are endless!

Located only minutes from the world-famous slopes of the Steamboat Ski Resort and at the gateway to thousands of acres of public land, recreation is plentiful. Rabbit Ears Pass is famous for its epic snowmobiling, the bottomless powder afforded by backcountry skiing, iconic mountain bike trails, and unparalleled access to nature. The current owners have been diligent stewards, curating an environment to make the estate an incomparable five-star retreat. Bella Vista is ready for new ownership to impart their unique vision and create a legacy of memories for years to come.

GIVING THE INSIDE SCOOP

These properties are not currently on the market, but are available through our network.

1. Restaurants: Turn key restaurants and restaurant spaces available.

2. 1,000+ acre cattle, horse and hay operation with good water, working facilities, indoor arena, and two homes.

3. Luxury home on the private Catamount Golf Course. 11,000sf home with spectacular south valley views. Contemporary design and designer furnished. This is a turn key offering.

4. A second luxury, turn-key offering on the private Catamount Golf Course. 11,000sf home with spectacular south valley views.

5. 1.22-acre secluded location on the banks of Fish Creek. Expansive outdoor living space, including a spacious patio with fireplace and pizza oven, plus creek-side hot tub. 6 bedrooms and may extras: multiple gathering spaces, wood-paneled office, in-law apartment, and sauna.

6. The best views in Steamboat! Set high above the valley and backing to the Steamboat Ski area, this custom home has been meticulously redone creating an amazingly private, luxurious experience for a home in the city limits.

7. Luxury Ski-in/Ski-out: 14,000+ sf iconic home in the ideal ski-in/out location on the Right of Way trail. 4,000sf of heated outdoor living, 10 bedrooms, 4 car garage, theater and every luxury your family and guests could ask for in their mountain retreat.

8. New construction: Luxury downtown condo on Yampa Street with great views of the Yampa River and Howelsen Hill. An open floorplan designed for entertaining flows seamlessly onto comfortable outdoor spaces. Contact us to be first to receive updates.

9. New construction: Custom duplex built by an award-winning contractor. Incredible views of Emerald Mountain, 5 bedrooms and over 5,000sf. Located in the green zone for short term rentals.

10. New construction: Single Family home downtown on the Yampa River. 4,500sf of modern, extravagant living. Private two car garage and a riverfront backyard. Rooftop decks round out the experience with stunning views.

11. New construction: Two connected waterfront residences in the heart of downtown on the Yampa River. 3,500sf of high-end finishes and superior quality. Contact us to be on the update list.

12. Custom, bespoke home on one acre on Clubhouse Drive. Shovel-ready with home plans that were created using Building Biology, an integrative approach to construction, with checklists for healthy indoor air & water, thermal and acoustic comfort, human-based design, sustainable environmental performance, and social connected and ecologically-sound communities.

13. 13. 6500 total sqft. 24-car garages available in a bulk sale. Located at the Hayden Airport Garages project. Call for details.

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The Paoli Group YouTube Channel Ranch Wire TV Episode 6: Knott Ranch - Sustainability & Conservation

Thank you for reading our newsletter. Our goal is to be your resource for real estate information in the Steamboat area. From luxury homes to condos, from commercial property to large ranches, we have the expertise you require to make great decisions. Call or email anytime and we look forward to seeing you in Steamboat.

Sincerely,

Chris, Amy, Randi, Chris S., Brian, Jessica and Justin

MEET THE TEAM

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