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Transactions: February 2001

Transactions: February 2001

Mountain Life
By Maureen Drummey
posted: 01/16/2001

WARREN, VT.
This furnished two-bedroom, two-bath, 1,100-square-foot unit offers slopeside convenience at Sugarbush and is also on the shuttle bus route to town. Skier-friendly features include a foyer with a built-in bench and coat storage area, an outside ski locker and a deck with scenic mountain views.
LIST PRICE $99,500
SALE PRICE $95,500
TIME ON MARKET Two months
LISTING BROKER Ron Zschaler, Sugarbush Investment Properties, Warren, 800-521-4550; broker@wcvt.com.
MARKET COMMENT Market prices for slopeside properties continue to rise, while inventory has diminished. Rental properties are becoming harder to find and therefore more lucrative.

WILMINGTON, N.Y.
This 1830s farmhouse is located 12 miles from Whiteface Mountain on the Ausable River. The 1,900-square-foot home sits on a 13-acre plot and offers three bedrooms, two baths and an office and includes a guesthouse with two bedrooms.
LIST PRICE $119,900
SALE PRICE $100,000
TIME ON MARKET 18 months
LISTING BROKER Michael Damp, Century 21 Wilkins Agency, Lake Placid, 518-523-2547; c21@capital.net.
MARKET COMMENT The year-round flow of tourists to the Adirondack region provides a strong need for rental property. For both rental and year-round usage, the market is prospering.

BEAVER CREEK, COLO.
This 3,100-square-foot, four-bedroom, five-bath townhome offers vaulted ceilings, tall picture windows with views of the slopes, an open kitchen and ski-in/ski-out access.
LIST PRICE $1.995 million
SALE PRICE $1.9 million
TIME ON MARKET 4 months
LISTING BROKER Scott Bandoni and Mac Hodge, Prudential Gore Range Properties, Beaver Creek, 970-845-8440; bandoni@vail.net.
MARKET COMMENT Although the recent completion of Beaver Creek Village has resulted in an end to new construction, the resale market remains active as owners move to larger or newer properties in nearby Bachelor Gulch Village or Cordillera.

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