Winter has fully embraced the Vail Valley, and the season is shaping up to be nothing short of extraordinary! As of November 29, Colorado’s snowpack levels soared to an impressive 134% of the 30-year median, setting the stage for exceptional skiing and snowboarding conditions across the region. Adding to the excitement, Beaver Creek recently hosted the prestigious Birds of Prey World Cup Ski Championships, attracting elite athletes from around the globe and further cementing our reputation as a premier winter destination.
As the snow-covered landscape sets the stage, the holiday season is in full swing with enchanting tree-lighting ceremonies and vibrant holiday markets. This year, Eagle County is celebrating a magical first – the arrival of the renowned Ice Castles in Eagle, a must-see experience that adds even more sparkle to our winter wonderland.
The Vail Valley real estate market is buzzing with energy, thanks to an influx of new construction projects. As of Thanksgiving week, nearly 20% of the active inventory consisted of new or pre-construction properties. Among these exciting developments is The Arcadian at Beaver Creek, the final new construction opportunity within Beaver Creek’s gates.
This exclusive collection of 12 luxury homes is nestled along the serene Beaver Creek and showcases the perfect blend of modern elegance and mountain architecture. Featuring a mix of single-family homes, duplexes, and triplexes, these 4- and 5-bedroom residences come equipped with private elevators, exquisite outdoor spaces and spacious 2- or 3-car garages. These residences are great for primary or secondary residences and would do very well as a rental income property as well. They are beginning to accept contracts on December 11th, so don’t delay on this fantastic opportunity.
If you’ve been considering a move in the Vail Valley, now is the time to act. Recent weeks have seen an uptick in multiple-offer scenarios, underscoring the demand for premium properties. Whether you’re exploring The Arcadian, or seeking off-market gems, reach out to discuss the latest opportunities in this dynamic market. Let’s make your mountain luxury dream a reality!
Stay tuned for updates or reach out to me directly at (970) 471-5233 if you have any immediate questions.
New Podcast Episode
In part one of this two-part series, we sit down with Mike Larson, a key figure in the vision and development of Beaver Creek Ski Mountain and its surrounding areas, including Bachelor Gulch and Arrowhead. With a degree in aerospace engineering and early career experience at the Colorado Department of Highways, Mike brought a unique blend of technical expertise and problem-solving skills to the table.
The podcast is available on various platforms including Spotify, Apple Podcasts and the video version on YouTube. Be sure to subscribe so you don’t miss these engaging new episodes and more to come!
When comparing Vail to other popular travel destinations, it’s easy to see why our mountain paradise stands out. While many other areas across the country contend with natural disasters like earthquakes, hurricanes, and tornadoes, Vail offers a sense of security and stability amidst its breathtaking beauty. Though wildfires are a consideration in the region, Eagle County has been incredibly proactive in mitigating potential risks. Through strategic planning, robust community efforts, and effective fire management programs, our county has created a safer environment for residents.
TIP #1: Review your current insurance policy. I recently reviewed my homeowner’s policy earlier this year and discovered my insurance company still had me under insured (after a previous conversation with them 6 months prior conveying to them that I was inadequately insured given current rebuild costs and valuation of home). I ended up changing to a trusted a local insurance agent who not only was able to get me an appropriate policy amount for my home, but also saved me more than $2,000/annually!
In addition, Walking Mountain Science Center is taking a key role in prioritizing energy efficiency programs and offers rebate information and services to homeowners who are looking into solar panels or transitioning from wood-burning and gas fireplaces to electric. Energy Coaches at Walking Mountains can help you with all local rebates available, from Energy Smart Colorado and local utilities. When looking to purchase a home in the Vail Valley, it’s important that you are aware of the potential rebates available to you in the event that you make some remodel efforts.
TIP #2: When looking to purchase a home or undertaking a remodel in the Vail Valley, it’s important that you are aware of the potential rebates available to you. If utilizing solar panels, be sure and also research with your insurance company as to insurance coverage regarding solar panels.
Last month, we took an in-depth look at the local inventory trends over the years. As we mentioned above, this year has been prime for new construction in the Vail Valley. In fact, as of Thanksgiving week, nearly 20% of the active inventory was new construction or pre-construction. It’s interesting to look at the inventory trends nationally (below) and see that the low inventory trend is not isolated to our resort town. Similarly to the our local data, the NAR data also shows an upward trend in inventory towards the last few months of the year. Perhaps due to the low inventory, multiple-offer scenarios are still common both locally and across the country. In fact, I was involved with 3 recently!
TIP #3: Put yourself in an advantageous position by engaging a professional Buyer’s Agent working as your advocate. The Vail Valley has many micro-markets, by engaging a knowledgeable and creditworthy Buyer Agent, you can potentially save thousands of dollars. Send me a message if you would like to discuss more in detail.
We also took a look at year-to-date Eagle County sales statistics and we continue to see the majority of sales being cash, however 43% of them are still conventional loans. This tells us that despite higher interest rates and low inventory, buyers are seizing the moment and not sitting on the sidelines.
Rare opportunity to own in the heart of Edwards’ sought-after Riverwalk community in this Diamond Building residence! This two-level condo which is on the top 2 floors of the building offers 3 bedrooms, 4 bathrooms, and 2,231 square feet of meticulously maintained living space. Over-sized primary suite with fireplace and recently updated tub and shower. Take in the sweeping views and sounds of the river whether from the suite or the private balcony. With boasting views of the scenic river, it provides easy walk-in / walk-out access to restaurants, shops, in addition to the riverside walking / biking path. This spacious residence is filled with natural light and includes features such as in-floor radiant heating, air conditioning, and two private decks to enjoy the beautiful surroundings. Each bedroom has an en-suite bath, offering comfort and privacy, and you’ll find ample storage throughout including a bonus oversized two-car garage with a large cedar closet and dedicated ski storage space. With just five exclusive residences in the building, you’ll be one of the lucky few to enjoy. Elevator access from the underground parking provides convenient service to the entry level of the unit. This exceptional residence has never been on the market since its development make it yours today and experience the unparalleled lifestyle that Riverwalk has to offer.
Colorado snowpack levels continue to outperform past years
VAIL, COLORADO
Statewide snowpack levels reached 134% of the 30-year-median as of Friday, Nov. 29, according to data from the Natural Resources Conservation Service. It’s the highest level for this time of year in the past 10 years.
Two Eagle County companies make Outside Magazine’s 2024 list of Best Places to Work
EAGLE COUNTY, COLORADO
Eagle County Paramedic Services and East West Partners were recognized by Outside Magazine for the extra special perks and wraparound workplace culture they offer their outdoors-minded employees.
Colorado Gives Day – There’s Still Time To Donate!
Founded in 2010, Eagle County Gives is a coalition of over 50 Vail Valley nonprofits dedicated to strengthening the collaboration, fundraising capacity and awareness of the non-profit sector that enhances the quality of life in Eagle County. Together, we strive to increase the awareness of our collective impact and have banded together to increase total local donations on Colorado Gives Day and year-round. Support for Eagle County Gives provides local organizations the means to provide basic human needs, protect the mountains you explore, and develop and protect the next generation. Colorado Gives Day has grown to be the state’s largest one-day online giving event, raising more than $500 million since it began nearly two decades ago.
Here are a few local organizations that are close to my heart if you have any interest in learning more or donating yourself! Check out the full list here.
Access Unbound
Mountain Valley Developmental Services
Small Champions
