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Transactions: February 2002

Transactions: February 2002

Mountain Life
By the SKI Magazine Editors
posted: 01/16/2002

North Tahoe, Calif.
This 4-bedroom, 3-bathroom home is 2,600 square feet and located at the end of a cul-de-sac in Northstar. It offers a private backyard with views of the forest and open space. There is a formal dining room and an open living room, kitchen and adjoining nook. Amenities include a river-rock gas fireplace, Bose surround-sound speakers and vaulted ceilings.
List Price $1.195 million
Sale Price $1.05 million
Time on Market 6 months
Listing Broker Nancy Mulloy, Mulloy Realty, 530-562-1663; mulloy@ltol.com.
Market Comment After three years of rising prices, home sales have returned to more "normal" levels, adjusting to the slowing economy.

Jackson Hole, Wyo.
Located in Teton Village, this 3-bedroom, 3-bathroom unit is 2,299 square feet and offers ski-in/ski-out access. Amenities include granite-tiled counters in the kitchen and a rustic Western-style breakfast bar with a separate eating area.
List Price $1.075 million
Sale Price $1.05 million
Time on Market 2 months
Listing Broker Steve Hancock, Jackson Hole Realty, 307-739-8101; www.stevehancock.com.
Market Comment Since 1997, sales volume in Teton County has jumped from $300 million to $655 million for the year 2000, fueled in part by a sharp increase in sales at Jackson Hole Mountain Resort.

Deer Valley, Utah
The corner residence in the slopeside Black Diamond Lodge at Deer Valley is 4,526 square feet and has 4 bedrooms and 5.5 bathrooms, plus a powder room. It features a large open kitchen, which flows into the dining room and living room. Amenities include a deck with a hot tub, two fireplaces, ski-in/ski-out access and a skiers locker room.
List Price $3.095 million
Sale Price $3.095 million
Time on Market 2 months
Listing Broker CJ Johnson, Prudential Utah Real Estate, 800-390-6112; cjohnson@prucoleman.com.
Market Comment Prices at Deer Valley are up around 7 percent-from $1.45 million last year to $1.6 million this year. That is likely due, in part, to the nearing of the 2002 Salt Lake Olympics.

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