Peak 7 Development

Peak 7 Development Company, LLC has been given an extended period of development rights of up to six years to complete the project, including residential units and commercial skier service facilities. The developers were asked to provide financial commitments to the town in exchange for the extension, which is commonly seen with large and complex projects. The developers offered to pay the town $50,000 for the extension to be used for affordable housing or for the installation of artificial turf at Summit High. A few council members think some of the money should be set aside for improved monitoring in nearby Cucumber Gulch, to ensure the best possible mitigation for any impacts resulting from the extended development process.

Ironically enough, the second article on the first page discussed these very impact issues in Cucumber Gulch as a result of the development on Peaks 7 and 8. While they stated that there was not overall ecological destruction, those monitoring the situation have seen a decline in some species of migratory songbirds, invasive weeds continue to be a problem, and the osprey that normally resides in the Gulch was nowhere to be found this past summer while construction of the BreckConnect Gondola was taking place. The ongoing residential and commercial development on Peaks 7 and 8 eliminated a large part of the movement corridor between the valley and the adjacent forests.

One would think that allowing the development to be extended would only be a negative factor in the Cucumber Gulch area...I find it interesting that for $50,000 to the town can turn a blind eye towards the destruction of this important ecological area.

The Wellington Neighborhood

The Wellington Neighborhood was created as affordable housing for locals here in Breckenridge. Due to the high cost of homes, it can be difficult for integral people in the community to afford to buy a place of their own. With professionals like teachers, nurses, policemen, firemen, and business owners looking elsewhere to live and buy, the town created affordable housing that has a work requirment and sometimes deed restrictions.

Although you will not see the appreiciation you can find in other neighborhoods, if you live and work in town, this can be an affordable alternative to the high cost of homes in this second home market.

To see homes on the Market in the Wellington Neigborhood, please visit www.eresummit.com

BlueSky Breckenridge

BlueSky is one of the newest developments in Breckenridge, located just off of Four O'Clock Road. BlueSky is a luxurious condominium located just steps from the Snowflake lift. This ski-in/ski-out access makes it one of the most desireable properties in Breckenridge. The units are reasonably priced considering that the new development on Peak 7 is estimated to start at $1,000 per square foot. With a Club Room, a Kid’s Game Room, a fitness center with heated swimming pool and hot tubs, and a day spa providing pampering spa treatments and wellness services, this development offers it all.

Visit our website to see BlueSky and its convenient location to Main Street and the mountain.

Technorati Profile

Timber Creek Estates Neighborhood

Today a new home showed up on the Summit County MLS in Timber Creek Estates. This Blue River House is a very well constructed modern house that is not as large as some of the homes in the area but is perfect for a local family or still a vacation rental property. Timber Creek Estates, located in Blue River, is the only subdivision in that town that has Breckenridge Sanitation sewer hook ups and a high capacity shared community well. The subdivision is fully paved which is rare to find in the Blue River area.

Please visit our Blue River and Breckenridge Subdivisions Map for a complete list of neighborhoods in the area.

Just a few new Summit County Real Estate Listings

Today there are only four new listings on the market with three of them in the Breckenridge Area and one in Keystone. Just south of Breckenridge, in Blue River, is a new listing in the Timber Creek Estates Neighborhood. It is a 3 bedroom home listed for $1,395,000.00. This area does produce good rental figures due to its proximity to the Breckenridge Ski Resort and, although this home is only 3 bedrooms, it is very large in size with each bedroom as a master suite. The second new listing sits on Lincoln Avenue in the heart of Breckenridge. This two bedroom home is listed for $699,900 and includes fully developed plans to renovate the site. This is an excellent location for a second home or rental property with great views of the mountains. Overlooking Breckenridge in the Baldy Mountain area is a Tyrollean Terrace studio listed for $184,900.00. This unit has excellent views of the Breckenridge Ski Resort and is conveniently on the bus route into town.

The only new listing in Keystone is a Buffalo Lodge Condo located in the heart of River Run Village. Walk to the slopes from this one bedroom condo listed for $254,900.

New Homes on the Market on Wednesday

Today was interesting as we did not have any condos come on the Summit County Colorado Real Estate Market. The most expensive new property is a five bedroom home in Blue River for just under $2 million. Located just south of Breckenridge, this is a great area for second homes and vacation rental properties. In Frisco, a new townhome came on the market. Its a two bedroom (plus a loft) and is listed for $450,000. Its an in-town location with views of the Mountains. In Antlers Gulch, a subdivision located just before Keystone Ski Resort, there is a 2 bedroom townhome for $389,000. These units tend to have smaller living spaces, but are a great way to break into the market as they tend to be priced a bit lower than and do not have the high association fees associated with the developments at the base of the mountain. Silverthorne also got a new addition to the market with a three bedroom duplex listed at $599,000. It has a two-car garage and great views of the valley and mountains.

For more information, you can always visit our Summit County New Real Estate Listings page to view the most recent properties added to our market.

A few new properties

Today only a few new properties came on the Summit County Market. There were three condos and two homes. There is a studio for sale in Hotel Breckenridge next to the Marriot and also a two bedroom home with a loft that looks over the town. In Keystone, there are two one bedroom condos, both in great locations in River Run. Copper also had a condo come on the market. Its two bedrooms and is in one of the older units but is centrally located and would pull good rental numbers. In Dillon there is a 4 bedroom home in Whispering Pines Ranch.

Good additions to the market but I would like to see some more larger homes in Breckenridge, Keystone, and Frisco.

Please visit our website at www.eresummit.com to see all the properties listed in Summit County, Colorado.