Category Archives: Vail Real Estate

Ron Byrne Announces New Listing

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Located on prestigious Beaver Dam Circle, this home offers unique privacy in Vail’s most sought after neighborhood. Redeveloped in 2016, this mountain contemporary home is nestled amongst tall pines and acres of forest. Overlooking a semi-private pond, enjoy fabulous views from the multiple outdoor patios and the floor to ceiling windows in the spacious great room. 5 bedrooms,6 baths, open floor plan and media room makes entertaining effortless in this warm and inviting home.  

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“Where Would You Rather Be Than In Vail?”: Vail near top of realty company’s climate-resilient resorts list of world’s ski areas

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VAIL — As Earth’s climate warms, the future of skiing may be found at higher elevations. If so, then Vail seems poised to continue its success. A recent report from Savills, an international realty firm based in London, included a list of ski resorts that stand to be “resilient” as Earth’s climate continues to change. The resorts at the top of the list generally have high-elevation terrain, as well as snowmaking equipment. The report put Vail and Aspen second and fourth, respectively, on a list of those resorts. Zermatt and Saas-Fee, both in Switzerland, were first and third on the list. Interestingly, Vail Resorts owns three resorts among the top 11 on the Savills list: Vail, Heavenly (sixth) and Whistler Blackcomb (11th). A recent Vail Resorts investors’ report lists factors that come into play when the company considers new acquisitions. Elevation isn’t mentioned, but “location” is part of the strategy. That can include everything from proximity to cities — in the case of the company’s urban ski areas — to accessibility. Weather might play a role in considering a resort’s location. Vail Resorts was singled out in the report for its efforts in managing its energy use, finding more efficient…

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When will the Vail real estate market see its first home sale of $30M or more?

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EAGLE COUNTY — Some records last a long time — Roger Maris’ 61 home runs in 1961 was a record that stood for 37 years. Some records fall more quickly. In January, the $23 million sale of a home on Vail’s Rockledge Road was touted as a new residential record sale for the town. In August, a home on Mill Creek Circle sold for $28.7 million. That’s believed to be a new record for the town, but the record may not stand for long. A handful of homes in Vail’s ultra-exclusive slopeside areas — Forest Road, Rockledge Road, Beaver Dam Road and a few others — are listed for $30 million or more. A home on Beaver Dam Road is listed at $34 million, as is a home on Forest Road, and a pair of new homes on Vail Road are listed at $30 million each. BIG, QUIET SALES Ron Byrne and Associates Real Estate in Vail has the listing on Forest Road. Company founder Ron Byrne said he believes it won’t be long until one of those homes sets yet another high-sale record. When one of those sales does happen, Byrne said he expects it to happen quickly, and…

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Laurus Corporation Announces Acquisition of Vail Cascade Resort and Spa

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Vail Cascade Resort & Spa has changed hands. The purchase price for the 292-room property was not disclosed. Laurus Corporation, a private real estate investment and development firm, announced today that it has acquired Vail Cascade Resort and Spa, one of Vail’s only true ski-in/ski-out hotels. Beginning April 2016, the 292-room Vail Cascade Resort and Spa will undergo a $35 million transformation to be completed for the 2016/17 ski season as it joins The Luxury Collection® Hotels & Resorts, one of the world’s most exclusive luxury hospitality brands. Destination Hotels, the largest owner and operator of independent hotels, resorts and residences in the United States, will continue to manage and operate the property. “This is a unique opportunity for our investors to acquire a resort that would be nearly impossible to replicate from a cost and location perspective, one of the only true ski-in/ski-out resorts in a top destination market,” said Andres Szita, Chairman of Laurus Corporation. “During the past six years, market ADR increased 32.8%, yet despite this strong rate growth, market occupancy improved nearly 10 points. A tremendous opportunity exists for this asset to be repositioned to a higher tier market segment.” Eagle County is home to Vail…

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Legacy of Army’s 10th Mountain Division Lives On at Vail

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Things have changed on the Colorado slopes since the Soldiers on Skis prowled these mountains more than 70 years ago. Groomed runs, for one. Chairlifts to haul you to the top, too, plus on-hill restaurants, shaped skis that make it easy to turn, and disposable toe warmers that stop your feet from turning to Popsicles. First published by By Pam LeBlanc – American-Statesman Staff , November 14, 2015 Those soldiers, though, members of the Army’s 10th Mountain Division, are fondly remembered here. A ski run at Vail Mountain is named for an important battle they fought. A new whiskey distillery honors their legacy, and a slope-side white tablecloth restaurant bears the division’s name, too. And every year, Vail hosts a ski-in for remaining veterans of the group. … At the bottom of the run, we learn more about the soldiers of the 10th Mountain Division, who are credited with launching the ski industry in Colorado. After returning from Europe, many of them developed and operated ski resorts throughout the country. That’s what happened here in Vail. Peter Seibert, a veteran of the 10th Mountain Division, and Earl Eaton, a ski racer who later worked at Aspen Ski Resort, teamed up…

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Vail Continues to Dominate the Ski Market Luxury Industry

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In the past years, the redevelopment that has happened in Vail has created a new standard for luxury. Almost 10 years ago, Vail announced it’s renaissance, it’s “New Dawn” with its “Billion Dollar Renewal, bringing a new “vibe” to Vail Village and Lionshead. The project encompassed a number of high-profile projects including the 250M Arrabelle at Vail Square, Gore Creek Place, luxury vacation rentals in Lionshead Village, a $45M conference center and $10M was put into revitalizing the village’s pedestrian mall including new lighting, cobblestone streets, fixtures, a water feature and improving the streetscape in both Lionshead and Vail Village. Vail didn’t stop there and hasn’t stopped since. New developments and improvements included Sonnenalp Resort’s 40 room expansion, adjacent to the Sonnenalp, One Willow Bridge, a private luxury residence club, situated at the base of Vail Mountain, the Ritz Carlton Club & Residences, Vail’s new 5 star luxury resort, the Four Seasons, and Vail Plaza Hotel & Club. This era of new construction, redevelopment and modern vision all contributed to Vail dominating the Luxury Ski Market Industry today. “Over the last four decades, this rough-and-tumble ski town has evolved into one of Colorado’s most polished resorts.” – Travel & Leisure…

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Vail Village Voted “Top 10 Outdoor Dining Spots by USA Today”

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The Vail Village has recently been named to a very prestigious culinary list by USA Today, as the # 4 location in the country for outdoor dining in the United States. Outdoor dining is an experience in Vail, no matter what time of year. From snow falling in the wintertime, to enjoying spring skiing and après with all of your friends, to summer when the flower boxes are in full bloom and now, autumn when the cooler, shorter days are painted with the glow of aspen leaves. During off season, outdoor dining is even better than what USA Today could begin to fathom when they researched this top ten list. Autumn is a highlight of the year to experience one of the best kept secrets of the Rocky Mountains and the Vail Valley – outdoor dining and restaurants feature “off season specials” and guests enjoy the ambience of the changing of the aspens to a brilliant gold. La Tour, in Vail Village is a favorite place for brunch and lunch and is located at the bell tower on Meadow Drive. Begin your culinary journey with a champagne flute of bubbles, a cocktail or a glass of wine from their extensive…

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A Seller’s Lesson – How to Gift Wrap Your Home

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Recently, the Wall Street Journal published an article, “Bidding Wars Return to the Home Market.” Sellers in major markets like Denver and San Francisco are having to pay well over asking price in markets with limited supply. What does this mean for Eagle County and the luxury home seller? You can’t compare the two. The second-home niche market is shining with 2014 national vacation home sales at the highest ever, a 57% increase from the previous year according to NAR’s 2015 Investment & Vacation Home Buyers Survey. However, the Vail Valley has yet to see bidding wars that some other major markets are experiencing. Even within the Valley, certain pockets are seeing a great increase in value and greater competition between Buyers while other neighborhoods are slower to respond to the recovered market place. Properties that are either new or updated and turn-key are attracting Buyers at a fast pace. Unique to our brokers and consultants, the team at Ron Byrne and Associates has a great deal of experience and are able make recommendations with an unbiased eye on how to enhance your property prior to going to market for a sale that maximizes your investment. “The customers we work…

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Vail Ski Resort Is Best Known For Its Bowls

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IF you could sum up Vail in one word it would be “bowls”. The biggest ski resort in the United States, it covers over 2000 hectares of skiable terrain including seven legendary back bowls. First published in news.com.au on July 26, 2015 by a guest of Vail Resorts who stayed at The Lodge. Vail is enormous. Bigger than most major ski resorts, its back bowls span around 1200 hectares and its three separate but connected base areas spread over nearly 10 kilometres. Known as the king of American ski resorts, Vail is also one of the world’s best in terms of terrain. Its varied runs spread skiers and boarders across the mountain and its modern lift system, some with heated seats, clears the notorious weekend crowds. Vail is unique in that it is an entirely purpose built resort. While many North American ski resorts started as mining towns, Vail has its history rooted in the US Army whose Mountain Division wanted to recreate the resort towns they saw in Europe. Completed in 1962, some critics say its purpose-built feel takes away from your typical ski village charm. But the resort has pumped money into the town with heated pathways, shopping, world class…

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