Here at Benson Sotheby’s International Realty we had two of our larger listings sell. At the beginning of January Cathy Benson’s listing at 105 Bear Scratch sold for $4,000,000, which was the highest home sale in the Crested Butte area in over 5 years.* 105 Bear Scratchwas a magnificent ski in/ski out home located in the Prospect at Mt. Crested Butte subdivision.
750 Providence Ridge
Later in the month 750 Providence Ridgeended up selling for $1,600,000. This was another listing of Cathy Benson and Gary Huresky was the agent for the buyer. 750 Providence Ridgewas a wonderful home at the top of Trappers Crossing at Wildcat that had breathtaking views down valley.
*Dan McElroy of Coldwell Banker Bighorn was the agent for the buyer
‘The Collection’ is HERE!! ‘The Collection’ is a catalog of properties listed by Benson Sotheby’s International Realty for the winter 2010/2011 season. In this year’s brochure we bring you some of the most luxurious, unique properties in the Crested Butte area. We also provide a calendar of events along with blurbs about each area located in ‘The Collection.’
Click Here to view the online version of ‘The Collection’ or make sure to pick up a complimentary hard copy as they are distributed throughout the Crested Butte area.
105 Bear Scratch has just been reduced down to $4,999,000, that is over a million dollars in reductions since the beginning of the year. This is an incredible price for such an incredible property. Prime Ski in/Ski out location in the premier subdivision on the mountain, Prospect at Mt. Crested Butte. You can’t find a better ski location to arrive and depart, skis off, throw your gloves in the 2nd laundry, the heated slate flooring warming as you put on your boots. Take a swim or work out in the spa room, of course you can separate the clan by venue, conversation and a real fireplace in the great room or play with TV additional fireplace in the media/game area. The massive entry stone work is throughout the house in the fireplaces and half bath. Extra touches are quite notable with hand planed Pecan floors, custom Cherry doors and trim.
Some of our higher end properties have seen some major price reductions, reducing most of these homes to below new construction replacement cost. The homes included in this property blast are:
For anybody who hasn’t had the joy of reading our latest newsletter, the newsletter is now posted online. One of the most useful tools in the July newsletter are the market updates through June 2010. Also included is some good news about the market such as our market is up 28% in the first half of 2009 compared to 2010. All of the same material you can expect from our newsletter is also included such as upcoming events, featured properties, related news articles and the electronic magazine rack with our summer real estate guide included.
A classic Colorado setting. Be part of the premier and distinguished ski-in/ski-out community, Prospect at Mount Crested Butte. This 1.61 acre parcel is truly one of the most exclusive ski-in/ski-out locations in all of Prospect. The building envelope has been moved and approved creating maximum separation from neighbors and uncompromised views of the East River valley. The lot and new building envelope are clearly marked with snow poles.
It is dumping in Crested Butte, with more on the way. We could easily end up with over 2 feet of snow by Sunday, so now is the BEST time to get out here to Crested Butte and get some skiing in. This weekend on the mountain, it will be near impossible not to find powder stashes everywhere you turn.
If you are thinking you could get used to this kind of lifestyle why not check out the premier ski in/ski out home in the valley, that is 105 Bear Scratch. Not only is this home located on the slopes, but it also has an indoor swimming pool and an indoor putting green. Check out more photos and details at 105BearScratch.com.
Cash is king in the current market with inventory at an all time high and with prices as low as they have been in years. Even without cash, there are still great interest rates for qualified buyers. Now is the time to buy that second vacation home or condo, as described below in this week’s New York Times article.
Skiers Buy Vacation Homes as Prices Fall
By IRENE RAWLINGS
OVER the holiday season all was snowy and bright at ski areas across the country, with a festive jingle in the air. It wasn’t sleigh bells — it was the sound of money. Vacation-home seekers who saw recessionary opportunities were looking to buy.
Many were ready to pay in cash, and they wanted great deals, like a $900,000 slope-side condominium for $500,000 or a studio in town for half the asking price. They were getting what they wanted because it is the best buyers’ market in 20 years, real estate agents said, with inventory at levels not seen since 2001.
Talisker House from the Isle of Skye, just a wee bit of whiskey poured into the foundation for good luck begins the amazing thought given in designing and building this spectacular home.
You can’t find a better ski location to arrive and depart, skis off, throw your gloves in the 2nd laundry, the heated slate flooring warming as you put on your boots. Take a swim or work out in the spa room, of course you can separate the clan by venue, conversation and a real fireplace in the great room or play with TV additional fireplace in the media/game area.
The massive entry stone work is throughout the house in the fireplaces and half bath. Extra touches are quite notable with hand planed English Chestnut floors, custom Cherry doors and trim.