TELLURIDE, Colo. — Tom Cruise’s 298-acre estate has been put on the market with agent Bill Fandel of Telluride Sotheby’s International Realty. The asking price? A cool $59 million. Hey, it comes with some of the most spectacular scenery in the state. The main house is nearly 10,000 square feet with four bedrooms, six bathrooms, a gym, recreation room and a library. There’s also a Continue Reading
Archives for October 2014
River Valley Ranch: Sales Sold 3850 Crystal Bridge Drive
Carbondale, Colorado: Today, Erik Cavarra has just closed.... Property Type: RES w/Improvments N/A Address: 3850 Crystal Bridge Carbondale, CO 81623 Status: Closed Asking Price: $799,000 List Number: 131721 Type: Single Family Area: 07-Carbondale Proper Major Area: Carbondale Sub/Loc: River Vly Continue Reading
Fractional Market Place: What is happening in today’s market….
Snowmass Village, Colorado: Today, Erik Cavarra highlights the Fractional Marketplace within the Aspen & Snowmass Village Areas. While Single Family Homes, Condos, and Land sales skyrocket, Fractional trails behind. The below charts highlight a trend that will continue within the next period of years making Fractional an extremely good purchase decision in today's market because the Continue Reading
Wildwood Snowmass to become branded hotel
Snowmass Village, CO: For the first time in its 45-year history, the Wildwood Snowmass will soon fly under the flag of a major hotel brand, according to its new general manager. HEI Hotels and Resorts took over the management of the Westin/Wildwood complex on the Snowmass Village Mall about one month ago. Jim Morrissey, now the general manager of the properties, said Oct. 24 that the owners Continue Reading
Snowmass sued by resident over vesting approval for Base Village
Snowmass Village, Colorado: Today, Erik Cavarra shares the latest announcement from Base Village. How long will this delay the proposals? What does it mean for Base Village? Lawsuit cites alleged improper talks by council, transfers of vested rights A Snowmass Village resident who has been critical of Base Village sued the town and the town council Tuesday, seeking to rescind recent Continue Reading
Aspen City Council passes ordinance for bigger homes through more TDRs
Aspen, Colorado: Single-family homes in residential neighborhoods could become bigger because of an ordinance Aspen’s city council passed on Monday intended to foster a stronger market for municipal transferable development rights (TDRs). TDRs are created when a property owner agrees to a historic designation that limits development on their site. In exchange, the city gives that owner the Continue Reading
Weinglass looks to sell Boogie’s
Aspen, Colorado: Leonard “Boogie” Weinglass said Wednesday that he is looking to sell his Cooper Avenue diner, which has grown into an Aspen mainstay since its controversial opening in 1987. The 73-year-old Weinglass said he has been looking to sell the building for the past year and a half. “There’s a lot of people kicking tires. I’m 73, and I want to get out of there,” he said Wednesday Continue Reading
The International allure of Aspen, Colorado
ASPEN, Colo. -- The lowest-priced single-family home on the market in Aspen is listed for $2,295,000. While most housing markets in the rest of the country continue to struggle with partial recovery and certain foreclosures – and sales at many other luxury ski resorts are still sluggish – Aspen has forged its own orbit, "The Wall Street Journal." Over the past year, Aspen has seen an Continue Reading
Fractional Ownership in Snowmass
Snowmass Village, Colorado: Nestled within 210 acres of Rocky Mountain perfection, the 40 finely appointed vacation homes feature breathtaking views of Snowmass and the Elk Mountain Range. Ownership includes an exclusive membership in the Snowmass Club, which features a Jim Engh golf course, on-mountain skier/snowboarder services, and the amenities and privileges of an intimate country Continue Reading
Snowmass Village: The Frontier has returned: Lot Sales in Snowmass Village, CO have increased
Snowmass Village, Colorado: It's been a strong year for Real Estate in the Roaring Fork Valley, especially within the Aspen and Snowmass Village areas which has seen an increase of the number of sales during the last year. This increase is evidenced with Single Family Lot Sales. (16) Sales during the last year has sparked a buying a freenzy. Statistical Market Analysis Status # Continue Reading