Wyndham claims to be the world’s largest vacation rental business.

The seller of The Resort Company, which began here as Steamboat Resorts in 1979 under the ownership of Steve Dawes, was Tonka Bay Equity partners, which acquired the business in 2007.

“We’ve been able to grow the business substantially in these last four years,” Milne said. “We saw this as a great opportunity.”

Milne owned the company for a decade.

In addition to managing The Lodge at Steamboat, Trailhead Lodge at Wildhorse Meadows and the Dulany in Steamboat, the company counts The Charter at Beaver Creek and BlueSky Resort in Breckendridge in its portfolio.

Milne intends to remain with The Resort Company, which is now under the same umbrella as another significant player in the local property management scene, ResortQuest. He said Resort Company and ResortQuest will continue to operate as separate brands here, but consumers will find vacation rentals by both through the Wyndham Vacation Rentals Web portal.

Milne touted the sale as good news for individual owners of condominiums managed by The Resort Company.

“As the newest member of the Wyndham family, we will leverage our relationship with this hospitality leader to provide increased value to our owners,” he predicted.

Prior to the 2010 acquisition of ResortQuest, the Wyndham brand was best known in Steamboat for another division of its company, which manages The Village at Steamboat timeshare property on Pine Grove Road.

However, Wyndham Vacation Rentals represents 87,000 vacation properties in 100 countries with a large concentration in Europe.

The Resort Company Marketing Director Blaine McNamara predicted the sale will broaden base of guests drawn to his company’s nearly 1,000 condominium properties here.

“I definitely think we’ll get more international market share,” he said.

■ Clark
Seller: Entelco Corp.
Buyer: North Routt Community Charter School
Sale date: Dec. 16, 2010
Sale price: $60,000
Property description: Parcel B, North Routt Preschool MDSE

■ 720 Yahmonite Road
Seller: Robert L. and Darcy D. Trask
Buyer: Geoffrey Paul and Lori Read Mitchell
Sale date: Dec. 16, 2010
Sale price: $350,000
Property description: 826-square-foot, two-bedroom, one-bath single-family home on 0.29 acres in the North Highlands Addition to Steamboat Springs. Built in 1947, remodeled in 1963 and last sold for $435,000 in December 2006.

■ North Routt
Seller: Elk River Eagles LLC
Buyer: Stephen Stranahan
Sale date: Dec. 16, 2010
Sale price: $390,000
Property description: North Routt property

■ Routt County Road 186
Seller: Jeffrey and Linda K. Peotter
Buyer: Martin Butterfield
Sale date: Dec. 16, 2010
Sale price: $965,000
Property description: 3,723-square-foot, four-bedroom, 3.5-bath single family log home on 35 acres at Tract 4 Lichen Ranch.

■ 2540 Ski Trail lane
Seller: David and Tara Gedeon
Buyer: DTG Management LLC
Sale date: Dec. 16, 2010
Sale price: $2.35 million
Property description: 4,887-square-foot, four-bedroom, 4.5-bath townhome B in the Ledges Subdivision. Built in 2007, it also sold for $2.35 million in September 2010.

■ 2747 Timber Court
Seller: Ross Z. and Michele L. Greenberg
Buyer: Powder Dog LLC
Sale date: Dec. 17, 2010
Sale price: $800,000
Property description: 2,276-square-foot, four-bedroom, four-bath, Townhome unit 1, building 9 in Cross Timbers at Steamboat. Built in 1999 and sold for $575,000 in April 2002.

■ 30355 Harrison Trail
Seller: Ronald L. and Kathy J. Whaley
Buyer: Bruce G. Allbright III family trust
Sale date: Dec. 17, 2010
Sale price: $3.2 million
Property description: 6,428-square-foot, four-bedroom, 6.5-bath, single family home with three-car garage. Building lot sold for $1.1 million in 2001. Built in 2004 and valued for taxes at $4.2 million.

■ 2670 Copper Ridge Circle
Seller: Colorado Housing and Finance Authority
Buyer: SSire LLC
Sale date: Dec. 20, 2010
Sale price: $145,050
Property description: 967-square-foot, commercial condominium 15 built in 2004 and sold for $225,000 in December 2008

■ 13 Sequoia Court
Seller: Edward D. and Nancy L. Sparks
Buyer: James M. and Diane I. Maroney
Sale date: Dec. 20, 2010
Sale price: $125,000
Property description: 968-square-foot, two-bedroom, one-bath lot 13 Whistler Village Townhomes Phase 2, built in 1980, sold for $90,000 in March 1999.

■ 437 Storm Mountain Court
Seller: Brent Holleman
Buyer: Robert A. and Marcy C. Korch
Sale date: Dec. 20, 2010
Sale price: $375,000
Property description: 2,222-square-foot, three-bedroom, two-bath lot 2 at Mountain Court Townhomes. Built in 1995 and sold for $259,000 in 1999.

■ 2700 Village Drive
Seller: Keith E. and Adair C. Larkin
Buyer: Kevin James Edwards
Sale date: Dec. 20, 2010
Sale price: $475,000
Property description: 1,306-square-foot, two-bedroom, two-bath condominium 405 in Dulany Condominiums phase 1B. Built in 1995 and sold for $259,000 in 1999.

■ 2525 Village Drive
Seller: Wells Fargo Bank
Buyer: Crown Mills Group
Sale date: Dec. 21, 2010
Sale price: $520,000
Property description: 1,546-square-foot, two-bedroom, two-bath condominium 5D. Built in 2006, it sold for $1.83 million in June 2008.

■ 30600 Lakeshore Trail
Seller: Peter K. Smith
Buyer: EDEJ LLC
Sale date: Dec. 21, 2010
Sale price: $2.4 million
Property description: 5,873-square-foot, five-bedroom, 4.5-bath single family home on .52-acre lot 11 in The Cabins at Lake Catamount. Sold for $3.4 million in July 2007.

■ 30445 Lakeshore Trail
Seller: EDEJ LLC
Buyer: Peter K. Smith
Sale date: Dec. 21, 2010
Sale price: $900,000
Property description: 2,370-square-foot, three-bedroom, 3.5-bath single-family home on .22 acres in The Cabins at Lake Catamount. Sold for $1.1 million in August 2009.

■ Steamboat Blvd/Clubhouse Drive
Seller: Vectra Bank Colorado
Buyer: SBC Graystone LLC
Sale date: Dec. 21, 2010
Sale price: $3 million
Property description: Undeveloped lots 1-17 , varying in size from .36 to .7 acres and adjacent to Rollingstone Golf Course. Original lot pricing by the developer, VGS Enterprises, ranged from $799,000 to $1 million. Original sales price of 11-acre parcel was $5.1 million.

■ 1602 Graystone Drive
Seller: Michael D. Williams, James A. Racine and Jonathan W. Roberts
Buyer: Richard and Debra Grigsby
Sale date: Dec. 23, 2010
Sale price: $532,000
Property description: Undeveloped 1.02-acre lot 4 in Stonebridge Park. Sold for $550,000 in October 2005.

■ Colorado Highway 131 South of Toponas
Seller: King Creek Ranch LLC
Buyer: Michael M. Noell Trust
Sale date: Dec. 23, 2010
Sale price: $1 million
Property description: NA
Total sales — $17,587,050

Lift operators are preparing to reopen Four Points lift today, and Bashor and Thunderhead Express are slated for Saturday openings as the open terrain at Steamboat Ski Area expands.

Lift Operations Supervisor Ted Serafy said a crew of six people would head to South Peak today to start digging out the lift in preparation for its opening. The crews will start moving snow with snowcats, but will have to use shovels closer to the machinery.

Lift Operations Director Deb Werner said it’s good and bad to have such deep snow early in the season.

“It’s great to have that much snow at the start of the season, but it’s a great deal of work for the crew,” she said.

“Of course, last year was a lot of work because we had to bring the snow in,” Serafy added.

The snow will continue to pile up in the next few days as well, National Weather Service forecaster Chris Cuoco said.

He said he is predicting a dusting of snow in town today, with 2 to 3 inches tonight.

On the mountain, there could be 3 to 7 inches of accumulation today and tonight, and another 1 to 3 inches Saturday.

Cuoco said he expects it to be windy Friday with 15 to 25 mile per hour winds and clouds throughout Saturday and Sat­urday night.

Steamboat Ski and Resort Corp. spokeswoman Loryn Kasten said the trail openings posted on www.steamboat.com were inaccurate Thursday — it listed all but three trails open — but she did not have an updated list of trail openings as of Thursday evening.

Story written by By Zach Fridell, Steamboat Pilot reporter in the Friday, December 3, 2010 issue.

New Pipe-Cutter & Park Designer/Builder Join Steamboat Terrain Park TeamThree Events Feature The Best In Boarder, Skier and Tele-Cross On New Course

STEAMBOAT SPRINGS, CO- November 12, 2010-Steamboat has long been known as one of the best competitive grounds for skiing and snowboarding, and that tradition continues as the resort welcomes three Boarder and Skier Cross events from January 22-29, 2011, including the only US qualifier for the International Tele Cross Finals.

“We have wanted to do an intermediate to advanced Cross course for a while now,” says Jim Schneider, vice president of skier services at Steamboat Ski Resort. “Courses like the one we are building are an integral part of training the next generation of competitors. We’re thrilled to be able to offer the same experience for our guests.”

The competition schedule includes a USASA Boarder/ Skier Cross (Jan. 22-23) open to all ages and the US Tele Cross (Jan. 29), an open qualifier for the International Finals held in Austria later this season. Additionally, the NorAm Holseshoot Tour (Jan. 25-27) will make one of only three US stops in Steamboat, hosting a Boarder/Skier Cross USSA FIS race. This event is open to qualifying participants and will include some of the best skiers and boarders in the field.

The competition course, which will be built by Nick Roma-Steamboat’s Terrain Park manager and the only American on the 2010 Olympic course design team, will begin just below Jess’ Cutoff and wind through the Mavericks Terrain Park, banking around Bashor chairlift and ending on Giggle Gulch. The course is expected to be 7/10th of a mile with 150 meters of vertical drop, a little longer than a regulation 100 meter course. Racers in Boarder/Skier Cross competitions can hit speeds of up to 35 mph, resulting in approximately 1 minute of competition time.

After the January events, the course will be shortened to include terrain in Mavericks Terrain Park and will open to the public in February for the remainder of the season. Guests can have open competitions with friends and family while whooshing through the twists and turns of the new course.

“We’re excited that Steamboat is stepping up to the plate to build a world-class cross course that will be open to competitors and the public,” commented Jon Casson, Snowboard Director for the Steamboat Springs Winter Sports Club, who is helping to bring the events to Steamboat. “This effort is another example of Steamboat’s commitment to building top notch facilities for skiers and riders to train and compete.”

This year, 25 new rails and features will be spread across the resort’s progressive parks, including The Wall, a 24 foot wide by 20 foot tall massive feature. In addition to the new features, two new staff members will join the Terrain Park team-Taylor Baggott-Park Builder/Designer and Carl Schultz-Pipe Cutter. Baggott brings over a decade of park expertise that spans parks on both Coasts. From just down the road in Breckenridge, Schultz has 7 years of snowcat experience, specifically in parks and pipes, at various Colorado Resorts.

Posted by Steamboat PR on November 12, 2010 at 2:00pm

STEAMBOAT SPRINGS, CO- November 12, 2010-Steamboat has long been known as one of the best competitive grounds for skiing and snowboarding, and that tradition continues as the resort welcomes three Boarder and Skier Cross events from January 22-29, 2011, including the only US qualifier for the International Tele Cross Finals.

“We have wanted to do an intermediate to advanced Cross course for a while now,” says Jim Schneider, vice president of skier services at Steamboat Ski Resort. “Courses like the one we are building are an integral part of training the next generation of competitors. We’re thrilled to be able to offer the same experience for our guests.”

The competition schedule includes a USASA Boarder/ Skier Cross (Jan. 22-23) open to all ages and the US Tele Cross (Jan. 29), an open qualifier for the International Finals held in Austria later this season. Additionally, the NorAm Holseshoot Tour (Jan. 25-27) will make one of only three US stops in Steamboat, hosting a Boarder/Skier Cross USSA FIS race. This event is open to qualifying participants and will include some of the best skiers and boarders in the field.

The competition course, which will be built by Nick Roma-Steamboat’s Terrain Park manager and the only American on the 2010 Olympic course design team, will begin just below Jess’ Cutoff and wind through the Mavericks Terrain Park, banking around Bashor chairlift and ending on Giggle Gulch. The course is expected to be 7/10th of a mile with 150 meters of vertical drop, a little longer than a regulation 100 meter course. Racers in Boarder/Skier Cross competitions can hit speeds of up to 35 mph, resulting in approximately 1 minute of competition time.

After the January events, the course will be shortened to include terrain in Mavericks Terrain Park and will open to the public in February for the remainder of the season. Guests can have open competitions with friends and family while whooshing through the twists and turns of the new course.

“We’re excited that Steamboat is stepping up to the plate to build a world-class cross course that will be open to competitors and the public,” commented Jon Casson, Snowboard Director for the Steamboat Springs Winter Sports Club, who is helping to bring the events to Steamboat. “This effort is another example of Steamboat’s commitment to building top notch facilities for skiers and riders to train and compete.”

This year, 25 new rails and features will be spread across the resort’s progressive parks, including The Wall, a 24 foot wide by 20 foot tall massive feature. In addition to the new features, two new staff members will join the Terrain Park team-Taylor Baggott-Park Builder/Designer and Carl Schultz-Pipe Cutter. Baggott brings over a decade of park expertise that spans parks on both Coasts. From just down the road in Breckenridge, Schultz has 7 years of snowcat experience, specifically in parks and pipes, at various Colorado Resorts

Posted by Steamboat PR on November 12, 2010 at 2:00pm

Click Here to Read Full PDF Newsletter

The 6^th Annual Wild West Air Fest takes place September 4^th & 5^th at the Steamboat Airport. Vintage air and warbird static aircraft will be on display. Some aircraft will be offering rides. Classic cars and the Wings over the Rockies Kidspace make this a great event for everyone .

If you love dogs, be sure to catch the Steamboat Stockdog Challenge Saturday, Sunday and Monday at the Stanko Ranch.  The competition of these talented animals as they herd sheep is entertaining and amazing.

The Rocky Mountain Bull Bash PBR takes place at the Romick Arena on Sunday. Cowboys’ show off their skills to their limit as they take on top-ranked bulls to compete for a big cash prize.

The Steamboat Springs Stage Race takes place Saturday, Sunday & Monday 8-4 in different locations. 

The Downtown Hoedown and Chuckwagon Chili Challenge  is in downtown Steamboat  Sunday 12-3.

The Come Sale Away Sidewalk Sale starts Friday and continues through Sunday downtown, 9-6 daily.

• The Perfect Dock?

On a recent trip through the beautiful northwest, I saw several installations of EZ Dock. Made of a low density polyethylene material, the patented design features buoyant sections which snap together. It’s durable, low maintenance, stable and slip resistant. Check it out on line: www.ez-dock.com

• Several high end properties have sold at value prices this year:

                                    Original Price Sold Price

Anglers Retreat         $1,598,000     $1,030,000

The Sanctuary           $1,895,000     $1,050,000

River Road                 $5,950,000     $4,300,000

Agate Creek               $5,795,000     $3,000,000

7/21/10

June 2010 Sales Stats

Please click below to review June Sales Statistics in Detail

June Sales Highlights

• June 10 Sales volume: $35,689,200.  116% increase over June 09
• YTD Sales Volume continues to exceed 09.  $255,250,400 vs. $131,576,300- 194% increase.
• Units Sold: 167 vs. 67 – 09. 249% increase.
• Timeshares/Fractionals continue to dominate at 70% or 117.
• The Village at Steamboat had 112 sales of the 117 with a median transaction price of $28,350.

Notable sales over $2M:

• 6/15/2010 $4,300,000 – 35755 Blazemark Trail – 5 Bd/7 Bh, 8,816 SF on 20.96 AC.  New construction, $487.75 PSF. Located near Dakota Ridge.
• 6/16/2010 $2,980,000 Elkins Meadows-2890 Bucks Path – 5 Bd/6 Bh, 7,401 SF on 2.060 AC.  PPSF = $402.65. Located off Fish Creek above Steamboat Blvd.

Other notable sales on the new project front:

• 1 condo at  Highmark & 1 at First Tracks sold in June 
• Sale of a commercial unit at One Steamboat Place 6/23/2010  Unit C-313

1,899 SF,  $300PPSF. ]]> http://www.realestate-in-steamboat.com/blog/archives/2010/07/steamboat-and-real-estate-2/feed 0 http://www.realestate-in-steamboat.com/blog/archives/2010/06/1805 http://www.realestate-in-steamboat.com/blog/archives/2010/06/1805#comments Fri, 25 Jun 2010 20:14:27 +0000 ssutherin http://www.realestate-in-steamboat.com/blog/?p=1805 Steamboat & Real Estate 

Census estimates show growth in Steamboat

Routt County population increases, but towns’ changes mixed

By Jack Weinstein Originally published June 23, 2010 at 6:48 p.m., updated June 25, 2010 at 12:57 a.m.

Steamboat Springs — Steamboat Springs’ population increased more than 2,300 residents, or 24 percent, from 2000 to 2009, according to figures released Tuesday by the U.S. Census Bureau.

The census figures indicated that Steamboat had 12,180 residents as of July 1, 2009. The increase from 2008, 215 residents, or 1.8 percent, follows a trend of consistent modest growth in Steamboat since the 2000 census that showed 9,815 residents.

Jonathan Spence, Steam­boat’s interim planning director, said the city conducts its own population study annually that it compares with state demographers so each can verify numbers. For example, he said the state revised its population figures for Steamboat in 2008.

Spence said the city uses its population study in conjunction with the census estimates for planning purposes, such as development of the Community Area Plan and the West of Steamboat Springs Area Plan.

“We look at those numbers for providing services, such as essential services — water, sewer and emergency services,” he said.

In addition, he said the city’s planning department is working on an inventory analysis to evaluate what residential construction is possible on vacant and unused parcels in city limits. He said that analysis and population figures help Steamboat plan for the future.

According to the census figures, Routt County also grew, from 19,690 as of the 2000 census to the July 1, 2009, estimate of 23,469. That’s a difference of 3,779 residents, or more than 19 percent.

Other Routt County towns saw different changes in population. Hayden’s population has fluctuated since the decade began, and the town’s 2009 estimate increased 39 residents to 1,673 since the 2000 census. Oak Creek’s population increased six residents to 855 during that time, and Yampa had 442 residents as of the 2009 estimate, one fewer than was recorded in the 2000 census.

Colorado’s population in­­­creased by more than 723,000 people, 16.8 percent, to more than 5 million since the 2000 census, according to the 2009 estimate.

Steamboat and Real Estate

Composite Decking

Ronald Kaplan, President & CEO Trex , introduced a new product, Transcend, on CNBCTV this morning. A new manufacturing process creates a product that looks like wood.  Transcend is guaranteed for 25 years not to fade or stain. Additionally Transcend is offered with matching railings.  And Trex products are green- made with recycled plastics.

To see the entire interview, please paste the address below into your search engine.

http://www.cnbc.com/id/15840232?video=1529340081&play=1

The Steamboat real estate market is experiencing price reductions – 289 in the last 30 days alone.

The latest price reduction of note is at Edgemont – the new ski in/out condo that was completed this past ski season. A 30% price reduction off the new summer pricing is offered on the next 3 condos sold.

Other reductions:

2/2 Villa Cond0                               $299k

2/2 Shadow Run down                  $170k

1/1 Walton Village condo              $120k

Lake Catamount Cabin                 $1,550,000

4 bedroom Waterstone                  $749k

6472 sf Catamount Ranch             $2,600,000

SF in Tree Haus                              $795k

4/3 Stonewood Townhome           $1,145,000

3784 sf Sanctuary Home               $1,390,000

2/2/ Lodge                                      $299,500

6500 sf in Fish Creek                     $3,240,000

2+/3 Eagle Ridge Condo                 $239k