Towns, Neighborhoods and Condos (land options at bottom of page)

Average sale prices and market statistics by area : www.lakedillon.com/web/marketstats.htm

Breckenridge:

The largest and busiest town in Summit County. The ski resort runs through the town on the west side of the valley, with lifts almost downtown at The Village base area as well as at the corner of 4 O’clock Rd & Kings Crown and by Beaver Run. Breck (as the locals call it) has a variety of properties, from 1970s condos to new ski slope luxury condos, small ‘cabins’ in woods to majestic mountain lodge style homes. Breck tends to be a little more expensive than other towns, especially close to the ski runs, and has a transfer tax of 1% that property buyers pay to the town at closing (goes towards parks and recreation). Breck appeals to people who like walking from their condo, down historic Main Street, to dinner, to the shops… who like the ski area proximity, and the busy activity schedule.

Blue River is the area south of Breckenridge, along Hwy 9, up to Hoosier Pass. This area is wooded (mostly pines with some aspen) and has mostly dirt roads. Homes are less expensive than in town, and have larger (1/2 acre +) lots. Everyone wants to be on the river, but these lots are rare so expect to pay for them!

Condos/Townhomes: studio $89,000 – 300,000. 1 br $130,000 – 400,000. 2 br $170,000 – 600,000. 3 + br $250,000 – 1M.

New is much more expensive than older, and you can guess prices slopeside!

Homes & duplexes in town: $300,000 – 3M average $600,000

Homes in Blue River: $250,000 – 1M, most $350,000 – 600,000

Town info: http://cf.summitnet.com/breckenridge/

Golf Course homes          &      Ski Homes

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Copper Mountain:

The ski resort is now owned by Intrawest, the developers of ski and golf resorts in Canada and US. Copper in undergoing major renovation, with new condo complexes, shops, day lodges… and expanded ski facilities, and redesigned golf course. Very few people actually live here year ‘round – it’s a fun vacation spot, but not a town. Properties available here are mostly condos (older units are much cheaper than the new), with a small number of townhomes and golf course homes in the ‘quieter neighborhood’ on the outskirts of the resort. There are no lots for sale.

Condos: studio $140,000 – 250,000. 1 br $160,000-350,000. 2 br $250,000 – 600,000. Townhomes: 2 br $300,000 – 600,000. 3 br $300,000 – 700,000

Golf Course Homes: (if available) 3 – 5 br $800,000 – 2M

Resort Info: www.rsn.com/cams/copper/today.html

Complexes & Prices: http://www.lakedillon.com/web/copperhomes.htm

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  Dillon:

Dillon is a small town built along Lake Dillon (actually a reservoir). The condo complexes tend to be closest to the lake, and most are an easy walk to downtown shops and restaurants, the marina, park and amphitheater. Dillon appeals most to those of us who love the summers here – boating, biking, outdoor concerts, the farmer’s market… but is only a few minutes to the slopes of Keystone for winter fun. There are only a few homesites actually on the water, so if you want to be close, opt for a condo. (I know there is lots of empty land on the lakeshore – but it’s open space and National Forest – not privately owned. Sorry)

Dillon Valley and Summit Cove are nearby neighborhoods with ‘affordable’ homes, so tend to attract full-time residents who like lawnmowing and proximity to elementary schools. You can also find economical condos here, where you might even get to know your neighbor. Maybe.

Lake Condos: 1 br $120,000 – 250,000. 2 br $200,000 – 400,000. 3+ br $300,000 – 500,000

Other Condos: studio $80,000+. 1 br $90,000 – 200,000. 2 br $120,000 – 300,000. 3+ br $160,000 – 400,000

Homes in town: $325,000 + Summerwood: $500,000 – 5 M

Dillon Valley / Summit Cove Homes: $290,000 – 500,000. Average greater Dillon area $440,000

Condominium complexes & prices: www.lakedillon.com/web/dilloncondo.htm

More town info: http://cf.summitnet.com/dillon/ http://townofdillon.com/

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Frisco:

If you like strolling down Main Street, want to ski a different mountain every day, and be in the center of everything… this is your town! Different neighborhoods have very different personalities, so do a little exploring. Choose a condo in the woods, on Ten Mile Creek, overlooking the lake, or over the shops on Main St. Or a home a block from your favorite restaurant, in the woods in the newer neighborhoods of The Reserve or Waterdance, or close to the elementary school… Sounds like a big town, but its really rather small – in fact the best way to get around (in the summer) is on a bike.

Frisco has a transfer tax of 1% of every property sale, like Breckenridge.

Condos/Townhomes: studio $120,000+. 1 br $150,000 – 250,000. 2 br $180,000 – 500,000. 3+ br $250 – 700,000.

Homes: $330,000 –2 M Average $630,000

Town Info: http://cf.summitnet.com/frisco/ http://townoffrisco.com/

Complexes & Prices: www.lakedillon.com/web/friscocondos.htm

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  Keystone:

Keystone Resort has very distinctive ‘neighborhoods’ :

River Run is the new village at the gondola, with the closest condos to the slopes. This is a high energy area, with lots of activities scheduled, a variety of shops and restaurants, and plenty of condos.

The lake neighborhood is where you go to ice skate or paddle boat, or relax at an outdoor café. The Keystone Lodge and Conference Center are here, as well as a variety of condos. A quick shuttle ride will get you to the slopes.

The forest neighborhood, or "Old Keystone", is a little further out, but still an easy shuttle to the ski lifts and all the activities. This is where the more economical condos are, and a more peaceful atmosphere. There are also homes here, mostly used by vacationers.

The Ranch is the golf course neighborhood, with gorgeous homes and beautiful scenery.

Condos/Townhomes: studio $110,000 – 220,000. 1 br $130,000 – 300,000. 2 br $170,000 – 500,000. 3+ br $250,000 – 700,000

Homes: $500,000 – 4 M Average $1,200,000

There are new projects in the works all around the resort. Want an update?

Resort Info: http://www.snow.com/keystone/

Complexes & Prices: http://www.lakedillon.com/web/keystonehomes.htm

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  Silverthorne:
A town in transition! The River Center is now under construction along the Blue River – look for new shops, entertainment, riverfront walkways… creating an actual downtown. Intrawest has joined forces with the Raven Golf Club to create the new Three Peaks course, as well as a new residential development along the golf course and into the woods bordering the National Forest – gorgeous home sites! Other new developments include Blue River Run, The Ponds, and Retreat on the Blue… you guessed it, all along the Blue River. And watch for a new private golf development soon. Silverthorne is also home to old fashioned family neighborhoods, a fun recreation center, factory stores, and my office!

Homes: $200,000 (A-frame) – 5 M Average $ 450,000

Condos/Townhomes: 2 br $180,000 – 450,000 (new).

Town Info: http://cf.summitnet.com/silverthorne/

Neighborhoods, Complexes & Prices: http://www.lakedillon.com/web/silverthorne.htm

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Wildernest:

Want to be in the woods but close to everything, and still be able to afford those lift tickets? Wildernest has a variety of condos and duplex style homes for just about every budget. The neighborhood winds its way through the pine forest up Buffalo Mountain, so you feel like you’re "out there", but you can still reach 4 ski areas with 15 minutes, and the town of Silverthorne is just down the hill. Wildernest is also a lot of fun in the summer, since it is surrounded by the White River National Forest with trails going every direction.

Homes: mostly duplexes $240,000 – 500,000 each side (sold individually).

Condos: studios $90,000+, 1 br $110,000 – 180,000. 2 br $120,000 – 350,000.

Condominium Complexes & Prices: www.lakedillon.com/web/wildernest.htm

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Land in Summit County

As you look around, you see plenty of undeveloped land, so it seems like there should be plenty of options… but the majority of the county is actually National Forest and Wilderness (along with wetlands, dedicated open space, and ranches). So what we are able to build on tends to be pretty limited, and pretty pricey. "In town" lots are mostly 1/5 to 1/2 acre. There are some large parcels around in outlying areas, but not many.

In Silverthorne and Dillon areas you can find mostly 1/3 acre, single family lots for $120,000 – 250,000, around the golf course $200,000 – 500,000. Summerwood, Corinthian Hill and Dillon Downtown will be 200,000 – 400,000. Most of these are easy to build on, with water and sewer hookups and all utilities readily available.

Frisco tends to be more expensive, since there is so little land left to build on. Expect $180,000 – 500,000 for a single family ¼ to ½ acre lot.

Keystone lots are $200,000 – 500,000. If you see land advertised for $30,000, it’s a mining claim (no utilities, no or limited vehicle access), up above Montezuma.

The Breckenridge/Blue River area is where you will find the majority of lots advertised. In town lots are $150,000 – 600,000. Blue River (south of Breckenridge up to Hoosier Pass) is very reasonable: $50,000 – 150,000 for ½ - 2 acres. The less expensive the lot, the more difficult it is to build on or get to. This area has county maintained dirt roads, electric and phone. You will need well, septic, and (I recommend) propane. There are also larger parcels sometimes available, up to 20 acres, probably zoned agricultural, for up to $2M.

In the north end of the county, between Silverthorne and Kremmling, you will see mostly ranches. Ute Pass (about 12 miles north, east side of valley) has 20 – 40 acre parcels, mostly open grassland, for $200,000 – 500,000 (with trees). Sierra Bosque (Blue Ridge Rd, about 9 miles north to west) has 1 – 3 acres for $150,000 – 200,000. Ranches, if available, are $1 to 10 million.

Heeney, the little town on the Green Mountain Reservoir, may have a lot or 2 for sale. Expect $80,000 – 300,000 for 1/5 – 2 acres.

Blue Valley Acres is actually in Grand County, but is home to many Summit County residents who wanted "affordable" building sites and still be able to commute to work here. BVA is about 28 miles north of I-70 on Highway 9, turn west on Spring Creek Rd. The 1 acre lots are fairly flat, easily accessed by dirt roads, and have electric, phone and water close by. Priced $50,000 – 100,000, depending on view and payment of tap fees. There are also 5 acre lots just north of here, for $60,000 – 100,000, but the roads may not be consistently maintained, and there is no water system.

What to do while you are here? Lots of ideas at http://lakedillon.com/web/recreation.htm

Questions? Want more details? Be glad to help!

Laura Champe , Lake Dillon Realty

(888)272-3212 or (970)513-1313

Laura@lakedillon.com www.lakedillon.com