VAIL VILLAGE & LIONSHEAD COMMUNITY INSIDER SLIFER SMITH & FRAMPTON REAL ESTATE News from the most trusted name in Vail Valley real estate since 1962 VailRealEstate.com IN THIS ISSUE >> Featured Properties Neighborhood Buzz Real Estate News Vail Market Statistics Spring 2009
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Gore Creek Place #4PRICE: $6,245,000BED/BATH: 4/4.5SQUARE FEET: 3500 +/-WEB ID: B27089
Elegant mountain home in the heart of Vail. Ideal setting on Gore Creek. The perfect Vail retreat offered with an Arrabelle Social Club Membership option.
Featured PropertiesExclusively listed by Slifer Smith & Frampton Real Estate
Wonderful penthouse with spectacular southern views to ski mountains. Ski-in/ski-out to and from Gondola. Offered partially furnished.
Gore Creek Place #4PRICE: $6,245,000BED/BATH: 4/4.5SQUARE FEET: 3500 +/-WEB ID: B27089
Elegant mountain home in the heart of Vail. Ideal setting on Gore Creek. The perfect Vail retreat offered with an Arrabelle Social Club Membership option.
Featured PropertiesExclusively listed by Slifer Smith & Frampton Real Estate
Wonderful penthouse with spectacular southern views to ski mountains. Ski-in/ski-out to and from Gondola. Offered partially furnished.
Real Estate News Market StatisticsUPDATE on vAIl DEvEloPmEnTS
Slifer Smith & Frampton Real Estate is proud to be the exclusive listing brokerage of many developments in the Vail Valley.
The Ritz-Carlton Residences®, Vail loCATIon: LionsHeadAvAIlABIlITY: 24 residences remain for sale PRICIng: $2,805,550 - $11,246,550 (remaining inventory)SCHEDUlED ComPlETIon: Mid 2010WEBSITE: theresidencesvail.com
Featuring 71 luxurious homes, ranging in size from spacious 2-bedroom residences to a sumptuous 6-bedroom penthouse. Located at the center of the new
billion dollar redevelopment of LionsHead, above the banks of Gore Creek, within walking distance to a proposed new gondola. The perfect setting for your mountain resort lifestyle.
Four Seasons Private Residences, VailloCATIon: Vail VillageAvAIlABIlITY: 10 residences remain for sale PRICIng: $5,300,000 – $16,100,000 (remaining inventory)SCHEDUlED ComPlETIon: Fall 2009WEBSITE: vailprivateresidences.com
These 16 Private Residences are wholly yours and unique to your preferences, complete with Four Seasons amenities and service. Choose from 9 different floor plans, ranging
from 1-bedroom + den to 5-bedroom + den. Adorned with only the finest in rich premium finishes and natural materials, defined by the excellent standards of Four Seasons.
The Landmark ResidencesloCATIon: LionsHeadAvAIlABIlITY: 7 residences remain for salePRICIng: $2,850,000 – $6,125,000 (remaining inventory)SCHEDUlED ComPlETIon: Early 2010WEBSITE: landmarkresidences.com
Extraordinary opportunity to own Vail property with sweeping views of the ski slopes. Lavish redevelopment and the addition of 17 new upper-story condominiums,
located in the newly renovated LionsHead Village, at the base of Vail Mountain. Construction is underway. Take advantage of great pre-construction pricing. We invite you to visit our on-site showroom.
ColoRADo RESoRT mARkETS
Data gathered from the VBOR MLS. Based on Land and Residential sales 1/1/08 thru 12/31/08*Counts both Listing and Selling sides
April 1-4 – TASTE oF vAIl A food and wine event designed to focus on our world-class restaurants in the Vail Valley. tasteofvail.com
April 2-5 – vAIl FIlm FESTIvAl
The Vail Film Festival is a 4-day event featuring films from all over the world, panel discussions with top film industry professionals, live music by established singer/songwriters, screenplay readings of winning screenplays, parties and discounts on lift tickets to get in some unforgettable skiing. vailfilmfestival.org
April 5 – BEAvER CREEk SnoWSHoE SHUFFlE
From beginners to pros, this Beaver Creek event truly offers something for participants of all ages and abilities. Featuring the East West 5K Quest, a competitive 10K run, Kids K, and the Dash for Cash. bcsnowshoe.com
April 12 – BEAvER CREEk® moUnTAIn CloSIng DAY
April 13-19 – SPRIng BACk To vAIl
Vail’s huge end of the season bash includes free concerts with national headlining bands, unique competitions and the World Pond Skimming Championships. Top off the festivities with incredible lift ticket deals and great lodging packages and you’ll see why everyone knows Vail is the place to be this spring. springbacktovail.com
April 19 – vAIl moUnTAIn CloSIng DAY
May 23-24 – BlUES BREW AnD BBQ FESTIvAl
Escape to Beaver Creek this Memorial Day weekend for great eats and musical treats at the annual Blues, Brews & BBQ festival. This fitting start to summer in the mountains features daily kids activities, cooking demonstrations, and three free Blues concerts! beavercreek.snow.com
June 4-7 – TEvA moUnTAIn gAmES
The country’s largest celebration of mountain sport, soul and culture kicks off once again when the Teva Mountain Games return to Vail Village. tevamountaingames.com
July 27-August 11 – vAIl InTERnATIonAl DAnCE FESTIvAl
One of the world’s premier gatherings of dancers, choreographers and musicians returns for the 2009 installment. Additional activities include free dancing seminars, interactive workshops and social gatherings. vaildance.org
The Neighborhood Buzz
Compared to the other four resort markets in our area, Pitkin, Garfield, Routt and Summit; Eagle County has been affected the least by the slow economy. The dollar volume in Eagle County ($2.2 billion) is nearly double that of Pitkin ($1.3 billion) who is the next highest; this is nearly triple that of both Routt and Garfield Counties as you’ll see in the attachment. The percentage change from 2007 to 2008 is down just 25%, the smallest change in all of the resort areas. Data from Land Title Guarantee Company. Deemed reliable but not guaranteed.
Resort Real Estate Dollar Volume by County
EAglE – 37%$2,234,919,100
RoUTT – 12%$725,101,200
gARFIElD – 12%$723,167,700
PITkIn – 12%$725,101,200
SUmmIT – 17%$1,065,729,100
Vail Sold Market Share by Dollar Volume 2008
SSF – 63%
All oTHERComPETIToRS – 13%
CloSESTComPETIToRS
1%1%1%1%
2%2%3%
5%
8%
The Penthouses at Manor VailloCATIon: Golden PeakAvAIlABIlITY: 9 residences remain for salePRICE RAngE: $3,400,000 - $9,600,000Construction completeWEBSITE: manorvailpenthouses.com
The Tower Residences at Lion SquareloCATIon: LionsHeadAvAIlABIlITY: 3 residences remain for salePRICE RAngE: $3,750,000+SCHEDUlED ComPlETIon: November 2009WEBSITE: thetowerresidencesvail.com
Real Estate News Market StatisticsUPDATE on vAIl DEvEloPmEnTS
Slifer Smith & Frampton Real Estate is proud to be the exclusive listing brokerage of many developments in the Vail Valley.
The Ritz-Carlton Residences®, Vail loCATIon: LionsHeadAvAIlABIlITY: 24 residences remain for sale PRICIng: $2,805,550 - $11,246,550 (remaining inventory)SCHEDUlED ComPlETIon: Mid 2010WEBSITE: theresidencesvail.com
Featuring 71 luxurious homes, ranging in size from spacious 2-bedroom residences to a sumptuous 6-bedroom penthouse. Located at the center of the new
billion dollar redevelopment of LionsHead, above the banks of Gore Creek, within walking distance to a proposed new gondola. The perfect setting for your mountain resort lifestyle.
Four Seasons Private Residences, VailloCATIon: Vail VillageAvAIlABIlITY: 10 residences remain for sale PRICIng: $5,300,000 – $16,100,000 (remaining inventory)SCHEDUlED ComPlETIon: Fall 2009WEBSITE: vailprivateresidences.com
These 16 Private Residences are wholly yours and unique to your preferences, complete with Four Seasons amenities and service. Choose from 9 different floor plans, ranging
from 1-bedroom + den to 5-bedroom + den. Adorned with only the finest in rich premium finishes and natural materials, defined by the excellent standards of Four Seasons.
The Landmark ResidencesloCATIon: LionsHeadAvAIlABIlITY: 7 residences remain for salePRICIng: $2,850,000 – $6,125,000 (remaining inventory)SCHEDUlED ComPlETIon: Early 2010WEBSITE: landmarkresidences.com
Extraordinary opportunity to own Vail property with sweeping views of the ski slopes. Lavish redevelopment and the addition of 17 new upper-story condominiums,
located in the newly renovated LionsHead Village, at the base of Vail Mountain. Construction is underway. Take advantage of great pre-construction pricing. We invite you to visit our on-site showroom.
ColoRADo RESoRT mARkETS
Data gathered from the VBOR MLS. Based on Land and Residential sales 1/1/08 thru 12/31/08*Counts both Listing and Selling sides
April 1-4 – TASTE oF vAIl A food and wine event designed to focus on our world-class restaurants in the Vail Valley. tasteofvail.com
April 2-5 – vAIl FIlm FESTIvAl
The Vail Film Festival is a 4-day event featuring films from all over the world, panel discussions with top film industry professionals, live music by established singer/songwriters, screenplay readings of winning screenplays, parties and discounts on lift tickets to get in some unforgettable skiing. vailfilmfestival.org
April 5 – BEAvER CREEk SnoWSHoE SHUFFlE
From beginners to pros, this Beaver Creek event truly offers something for participants of all ages and abilities. Featuring the East West 5K Quest, a competitive 10K run, Kids K, and the Dash for Cash. bcsnowshoe.com
April 12 – BEAvER CREEk® moUnTAIn CloSIng DAY
April 13-19 – SPRIng BACk To vAIl
Vail’s huge end of the season bash includes free concerts with national headlining bands, unique competitions and the World Pond Skimming Championships. Top off the festivities with incredible lift ticket deals and great lodging packages and you’ll see why everyone knows Vail is the place to be this spring. springbacktovail.com
April 19 – vAIl moUnTAIn CloSIng DAY
May 23-24 – BlUES BREW AnD BBQ FESTIvAl
Escape to Beaver Creek this Memorial Day weekend for great eats and musical treats at the annual Blues, Brews & BBQ festival. This fitting start to summer in the mountains features daily kids activities, cooking demonstrations, and three free Blues concerts! beavercreek.snow.com
June 4-7 – TEvA moUnTAIn gAmES
The country’s largest celebration of mountain sport, soul and culture kicks off once again when the Teva Mountain Games return to Vail Village. tevamountaingames.com
July 27-August 11 – vAIl InTERnATIonAl DAnCE FESTIvAl
One of the world’s premier gatherings of dancers, choreographers and musicians returns for the 2009 installment. Additional activities include free dancing seminars, interactive workshops and social gatherings. vaildance.org
The Neighborhood Buzz
Compared to the other four resort markets in our area, Pitkin, Garfield, Routt and Summit; Eagle County has been affected the least by the slow economy. The dollar volume in Eagle County ($2.2 billion) is nearly double that of Pitkin ($1.3 billion) who is the next highest; this is nearly triple that of both Routt and Garfield Counties as you’ll see in the attachment. The percentage change from 2007 to 2008 is down just 25%, the smallest change in all of the resort areas. Data from Land Title Guarantee Company. Deemed reliable but not guaranteed.
Resort Real Estate Dollar Volume by County
EAglE – 37%$2,234,919,100
RoUTT – 12%$725,101,200
gARFIElD – 12%$723,167,700
PITkIn – 12%$725,101,200
SUmmIT – 17%$1,065,729,100
Vail Sold Market Share by Dollar Volume 2008
SSF – 63%
All oTHERComPETIToRS – 13%
CloSESTComPETIToRS
1%1%1%1%
2%2%3%
5%
8%
The Penthouses at Manor VailloCATIon: Golden PeakAvAIlABIlITY: 9 residences remain for salePRICE RAngE: $3,400,000 - $9,600,000Construction completeWEBSITE: manorvailpenthouses.com
The Tower Residences at Lion SquareloCATIon: LionsHeadAvAIlABIlITY: 3 residences remain for salePRICE RAngE: $3,750,000+SCHEDUlED ComPlETIon: November 2009WEBSITE: thetowerresidencesvail.com
Real Estate News Market StatisticsUPDATE on vAIl DEvEloPmEnTS
Slifer Smith & Frampton Real Estate is proud to be the exclusive listing brokerage of many developments in the Vail Valley.
The Ritz-Carlton Residences®, Vail loCATIon: LionsHeadAvAIlABIlITY: 24 residences remain for sale PRICIng: $2,805,550 - $11,246,550 (remaining inventory)SCHEDUlED ComPlETIon: Mid 2010WEBSITE: theresidencesvail.com
Featuring 71 luxurious homes, ranging in size from spacious 2-bedroom residences to a sumptuous 6-bedroom penthouse. Located at the center of the new
billion dollar redevelopment of LionsHead, above the banks of Gore Creek, within walking distance to a proposed new gondola. The perfect setting for your mountain resort lifestyle.
Four Seasons Private Residences, VailloCATIon: Vail VillageAvAIlABIlITY: 10 residences remain for sale PRICIng: $5,300,000 – $16,100,000 (remaining inventory)SCHEDUlED ComPlETIon: Fall 2009WEBSITE: vailprivateresidences.com
These 16 Private Residences are wholly yours and unique to your preferences, complete with Four Seasons amenities and service. Choose from 9 different floor plans, ranging
from 1-bedroom + den to 5-bedroom + den. Adorned with only the finest in rich premium finishes and natural materials, defined by the excellent standards of Four Seasons.
The Landmark ResidencesloCATIon: LionsHeadAvAIlABIlITY: 7 residences remain for salePRICIng: $2,850,000 – $6,125,000 (remaining inventory)SCHEDUlED ComPlETIon: Early 2010WEBSITE: landmarkresidences.com
Extraordinary opportunity to own Vail property with sweeping views of the ski slopes. Lavish redevelopment and the addition of 17 new upper-story condominiums,
located in the newly renovated LionsHead Village, at the base of Vail Mountain. Construction is underway. Take advantage of great pre-construction pricing. We invite you to visit our on-site showroom.
ColoRADo RESoRT mARkETS
Data gathered from the VBOR MLS. Based on Land and Residential sales 1/1/08 thru 12/31/08*Counts both Listing and Selling sides
April 1-4 – TASTE oF vAIl A food and wine event designed to focus on our world-class restaurants in the Vail Valley. tasteofvail.com
April 2-5 – vAIl FIlm FESTIvAl
The Vail Film Festival is a 4-day event featuring films from all over the world, panel discussions with top film industry professionals, live music by established singer/songwriters, screenplay readings of winning screenplays, parties and discounts on lift tickets to get in some unforgettable skiing. vailfilmfestival.org
April 5 – BEAvER CREEk SnoWSHoE SHUFFlE
From beginners to pros, this Beaver Creek event truly offers something for participants of all ages and abilities. Featuring the East West 5K Quest, a competitive 10K run, Kids K, and the Dash for Cash. bcsnowshoe.com
April 12 – BEAvER CREEk® moUnTAIn CloSIng DAY
April 13-19 – SPRIng BACk To vAIl
Vail’s huge end of the season bash includes free concerts with national headlining bands, unique competitions and the World Pond Skimming Championships. Top off the festivities with incredible lift ticket deals and great lodging packages and you’ll see why everyone knows Vail is the place to be this spring. springbacktovail.com
April 19 – vAIl moUnTAIn CloSIng DAY
May 23-24 – BlUES BREW AnD BBQ FESTIvAl
Escape to Beaver Creek this Memorial Day weekend for great eats and musical treats at the annual Blues, Brews & BBQ festival. This fitting start to summer in the mountains features daily kids activities, cooking demonstrations, and three free Blues concerts! beavercreek.snow.com
June 4-7 – TEvA moUnTAIn gAmES
The country’s largest celebration of mountain sport, soul and culture kicks off once again when the Teva Mountain Games return to Vail Village. tevamountaingames.com
July 27-August 11 – vAIl InTERnATIonAl DAnCE FESTIvAl
One of the world’s premier gatherings of dancers, choreographers and musicians returns for the 2009 installment. Additional activities include free dancing seminars, interactive workshops and social gatherings. vaildance.org
The Neighborhood Buzz
Compared to the other four resort markets in our area, Pitkin, Garfield, Routt and Summit; Eagle County has been affected the least by the slow economy. The dollar volume in Eagle County ($2.2 billion) is nearly double that of Pitkin ($1.3 billion) who is the next highest; this is nearly triple that of both Routt and Garfield Counties as you’ll see in the attachment. The percentage change from 2007 to 2008 is down just 25%, the smallest change in all of the resort areas. Data from Land Title Guarantee Company. Deemed reliable but not guaranteed.
Resort Real Estate Dollar Volume by County
EAglE – 37%$2,234,919,100
RoUTT – 12%$725,101,200
gARFIElD – 12%$723,167,700
PITkIn – 12%$725,101,200
SUmmIT – 17%$1,065,729,100
Vail Sold Market Share by Dollar Volume 2008
SSF – 63%
All oTHERComPETIToRS – 13%
CloSESTComPETIToRS
1%1%1%1%
2%2%3%
5%
8%
The Penthouses at Manor VailloCATIon: Golden PeakAvAIlABIlITY: 9 residences remain for salePRICE RAngE: $3,400,000 - $9,600,000Construction completeWEBSITE: manorvailpenthouses.com
The Tower Residences at Lion SquareloCATIon: LionsHeadAvAIlABIlITY: 3 residences remain for salePRICE RAngE: $3,750,000+SCHEDUlED ComPlETIon: November 2009WEBSITE: thetowerresidencesvail.com
Gore Creek Place #4PRICE: $6,245,000BED/BATH: 4/4.5SQUARE FEET: 3500 +/-WEB ID: B27089
Elegant mountain home in the heart of Vail. Ideal setting on Gore Creek. The perfect Vail retreat offered with an Arrabelle Social Club Membership option.
Featured PropertiesExclusively listed by Slifer Smith & Frampton Real Estate