Aspen Snowmass Homes: Shadowrock in Basalt

These 100 luxury townhomes, are located in the mid-valley with easy access to Highway 82 and walking distance to City Market, Movieland, with great shops and restaurants. In the future, Wholefoods Grocery and our own performing Arts Center will be built and will provide wonderful amenities that complement Basalt and the Roaring Fork Valley.

Shadowrock will offer four well thought out floor plans ranging in size from 1,665 to 2593 square feet with high-end interior finish options. Each residence will feature comfortable living areas with high ceiling, gas fireplaces and gourmet kitchens with granite countertops and stainless steel appliances.

Because Shadowrock has “gone green” owners will appreciate the care and quality that has gone into the project. From the refrigerators that use Puron rather than Freon (Puron is an environmentally sound refrigerant that does not harm the ozone layer) to zeroscape landscaping this is a project that you can be proud of.

Find out more about mid-valley real-estate with Aspen Snowmass Homes.

Aspen Snowmass Homes: Ruedi Shores Home for sale

This beautiful home located less than a mile from the Ruedi Shores boat ramp and the Frying Pan River. This incredible home sits on 1.46 acres with fabulous views of the mountains and lake.

This 4 bedroom home features gorgeous brazilian cherry floors, state-of-the-art appliances, radiant heat throught (including the garage), top notch finishes...

For more information on Roaring Fork Real-Estate, visit Aspen Snowmass Homes.

Fresh Powder for Ski Towns

Related Plans Condos to Bulk Up Colorado's Snowmass

By KRIS HUDSONAugust 27, 2008;

SNOWMASS VILLAGE, Colo. -- Related Cos. has built signature buildings that helped to transform neighborhoods in Manhattan, Phoenix and South Florida. Now, the big-market developer is attempting a $3 billion redevelopment to transform this prosperous Colorado ski town.
Related's efforts to revamp the core of Snowmass Village, seven miles west of Aspen, is among the latest and most ambitious of many projects designed to overhaul Western America's aging ski towns -- many of which were built in the 1960s and 1970s.
"The [development] activity has gone from zilch to pervasive across the country," said Adam Ducker, a managing director specializing in resort development at real-estate adviser Robert Charles Lesser & Co. Among current projects, Related's Snowmass redevelopment is "one of the two or three most ambitious plans around -- and it's the largest," said Mr. Ducker.
But Related differs from several other ski-resort developers in one critical aspect: It secured $1 billion in backing for its project's first phase early last year, before the credit crunch made 10-figure developments nearly impossible to finance. That financial support has allowed Related to proceed with construction even as some ski-area projects are faltering.
The development, which will include 2.8 million square feet of condos, restaurants and shops, will have little competition, since Related and its partner, local developer Pat Smith, own nearly all of the commercial land in Snowmass.
But other hurdles remain, including selling 550 mostly high-end condos during an economic and housing downturn. So far, Related reports that it has sold more than 60% of the Snowmass condos it has made available for sale since last winter.
The two flagship condo projects in its first phase will be managed by Kor Hotel Group's Viceroy Hotels & Resorts boutique-hotel chain and Aspen Skiing Co.'s five-star Little Nell hotel. Viceroy units are selling for an average of $1,725 a square foot, and Little Nell units for $3,000. Per unit, they range from a $575,000 Viceroy studio to a $16 million Little Nell penthouse.
In Aspen's pricey Pitkin County, condo sales declined by 55% last month in comparison to July 2007, according to Land Title Guarantee Co. But, in a sign that sales of luxury properties remain strong, the cumulative value of last month's condo sales marked a 6% increase from the year-earlier total.
Still, limited competition gives Related an edge in Snowmass, which counts 2,300 permanent residents and more than 10,000 visitors daily during ski season. And, because of its proximity to Aspen, Snowmass caters to wealthy buyers -- many of them foreign -- who aren't easily deterred by a U.S. recession.
"When you have a wealthy consumer who wants to be [in Snowmass] and you are supply-constrained, those are good economics for new development," said Related President Jeff Blau, a part-time Aspen resident.

Find out more about the Aspen Snowmass real-estate market with Aspen Snowmass Homes.

What Sotheby's & Aspen Snowmass Homes Can Do For You

Beginning with its establishment in 1744, the Sotheby's auction house has earned a reputation for a keen eye in the valuation of fine possessions. Continuing this fine tradition in exceptional real estate services, brokerages within the Sotheby's International Realty® network represent many of the world's finest homes and estates. We see in every relationship and every transaction an opportunity to extend the centuries-old Sotheby's reputation for distinctive properties, prestigious heritage and, above all, the highest level of service.
- A global network accessing a far-reaching qualified client base
- Time-tested appraisal, sales and marketing experience
- An international sales force of associates with local knowledge
- Proprietary print marketing and advertising programs
- A compelling web site driven by a powerful brand
- Strong connections with the clients of Sotheby's auction house

LOCAL EXPERTISE, GLOBAL REACH
See what Sotheby's & Aspen Snowmass Home can do for you in the Aspen Valley Real-estate Market.

Sotheby's International Realty & Aspen Snowmass Homes

Despite media reports to the contrary, real estate is still considered a sound investment and affluent consumers are confident both in the current housing market and that the value of their home has remained constant, according to a consumer research study undertaken by Architectural Digest with Sotheby’s International Realty Affiliates LLC.

According to Michael R. Good, president and chief executive officer, Sotheby’s International Realty Affiliates LLC, the study proves that real estate continues to be seen as a valuable investment opportunity, especially among consumers in the luxury market. “This study validates the assertion that real estate is one of the best long-term investments a person can make, regardless of current market conditions. Affluent consumers know that real estate plays a key role in their long-term strategy to increase personal wealth,” said Good. “And among those consumers seeking to add to their real estate portfolio, the top criteria for choosing a property are location, price, amenities and home features.”
“The Aspen market is seeing steady home sales that compare to our market in 2004/2005. These were record setting sales years and at the time everyone considered the market to be hot. There are still a number of buyers looking for real estate and although asking prices have declined, prices paid have been comparable to the last year.” said Mike Russo, president of Aspen Sotheby’s International Realty. “The strength of the Sotheby’s International Realty network and its global recognition has helped us reach clients all over the world. In addition, the brand’s marketing support combined with our local statistical data has enabled us to showcase to our clients why real estate truly is a sound and valuable investment in their financial portfolios.” Aspen Sotheby’s International Realty has an incomparable depth of local expertise in the Aspen, Colorado area. In servicing the Roaring Fork Valley, they understand that a home, regardless of its price, reflects the incalculable value of the life within.
For more information about how Aspen Sotheby’s International Realty brokers can help you, visit: www.aspensnowmasshomes.com
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Aspen Snowmass Homes: The new Base Village - Shopping

Shopping

Related WestPac hopes to open several retail establishments this winter, including Performance Ski, Generation Snowmass and Snowmass Style. Performance Ski, owned by Lee Keating and husband Tom Bower, will be expanding from its Aspen store. It plans to carry clothing and equipment from brands such as Prada, Armani, Chiemsee and Post Card. Generation Snowmass will also be expanding from its namesake Aspen location. The children’s clothing store carries toys, games, books, stuffed animals and clothing from brands such as Quicksilver, Uggs and Crocs.Snowmass Style plans to sell Snowmass logo wear. These will join the Beginner Magic/Four Mountain Sports store and the Four Mountain Kids Store, both of which opened last season.
Find out more about the new Snowmass Base Village with Aspen Snowmass Homes.

Aspen Snowmass Homes Real Estate News: Snowmass Base is taking shape

After years of planning and construction, Snowmass Ski Area will start to see a number of new places to eat, shop and stay in the village this winter. Three restaurants, a nightclub, several shops and 77 condominiums are scheduled to open in Snowmass Base Village for the 2008-09 season. Though these will not be the first buildings to open in Base Village, they are the first retail openings for the planned $3 billion redevelopment. The Treehouse Kids’ Adventure Center and Hayden Lodge, a 14-unit condominium building housed on the second through fifth floors of the Treehouse, both opened last winter. On the mountain, a new high-speed quad chairlift and a new mountaintop restaurant also are planned, concluding Skico’s three-year, $80 million update of Snowmass Mountain.
Find out more about real-estate in Snowmass with Aspen Snowmass Homes.