Colorado Dreams Broker

Keats Ann Scott
Broker Owner
491 Blue River Parkway (hwy 9)
Silverthorne, CO 80498
970-485-0793

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Price reduced on Silverthorne Home

596 Tanglewood

596 Tanglewood

The price has been reduced to $555,000 on this great home in Silverthorne.  Wonderful views and a great floor plan.  The lower level has new carpet too.

Not a Lot For Sale

Every morning I check the multi list system for new listings.  This morning there was only one in the last two days and 13 properties went under contract.  Generally the listing inventory has been lower than I expected this past summer, but this fall it’s really reduced.  Right now there are only 299 active condos and town homes, with 253 currently under contract.  On single family homes there are 319 active and 147 under contract.

As we move into winter even less will be on the market.  A lot of sellers take their property off the market for the winter while they rent it – short or long term.  It will be interesting to see what prices do in the spring, usually a low amount for sale brings prices up, but maybe everyone will want to sell next year, which will keep down prices.   It’s all about supply and demand.

On another subject, my siblings and I own my parents home in Heeney, we rent out

255 County Road 1782, Heeney

the top floor.  It will be available November 1st,  the rent is $1200 per month, which includes the heat and electricity.  I have more pictures at http://www.coloradodreams.com/houseforrent.htm  Feel free to call me with any questions.

 

Final Weekend for the Summit County Parade of Homes

There is still time to come up to Summit County and check out the Parade of Homes.  This coming Saturday and Sunday is the final weekend.

I try to get to as many homes as possible to check out what I think the trends

stone sink

stone sink

are.  Every year more and more contemporary style homes are being featured.  It is kind of refreshing, but I’m wondering if those homes will seem dated sooner than the homes with the  “mountain” look.

It’s not new, but one thing I really noticed was the “fancy” powder room sink.  They ranged from stone to copper and more.  I did see some tile in a bath that looked like peeling paint, still trying to figure out if I liked it or not.

The Summit County Builders Association is the organizer, they have also made the event a fundraiser for the Summit Foundation.  $15. tickets can be purchased at City Market in Dillon or Breckenridge or online at their web site, http://www.summitcountybuilders.org/.  The tickets are good for both weekends. You can see the homes and maps in a booklet on the web site.

35 Acres across from Green Mountain Reservoir

The view is mesmerizing, what a wonderful place to build a home. Easy access to highway 9 and 26 miles north of Silverthorne. The property will be surveyed with the north west corner adjusted to provide at least 35 acres. Here’s a link to a PDF that shows the property lines etc. A well and septic will be needed. Electricity is along the edge of the property. Horses are permitted.

View of Green Mountain Reservoir from 35 acres

View of Green Mountain Reservoir from 35 acres

Approximate lot lines

Approximate lot lines

Big views

Big views. Lots of sun!

Address is to be determined, but it will be off of Summit County Road 2900.  A well and septic will be needed.

Priced at $475,000

Here’s more

Lowest Priced lot in Blue Valley Acres

Just listed for $32,000.  This lot is just over an acre at 1.11, big, flat and sunny.  Blue Valley Acres No. 2 has a water district, and the water tap is paid on this lot.  The neighborhood has open space along the Blue River.  I’ve had buyers buy just to access that Gold Medal fishing!

Lot 6 Block 4 Blue Valley Acres No 2

Lot 6 Block 4 Blue Valley Acres No 2

 

Lot 6 Block 4 Blue Valley Acres No 2

Lot 6 Block 4 Blue Valley Acres No 2

Lot size 1.11 acre

Water tap paid

Septic needed

Taxes: $860.  2015

plat

plat

Give me a call or email with question Keats Ann Scott, Colorado Dreams Broker, 970-485-0793, keats@coloradodreams.com

 

Summer Activities

Frisco Fun Fest

Frisco Fun Fest

It has been a wet spring to say the least, but that doesn’t put a damper on the summer activities in Summit County.  Here is a highlight of a few:

In Breckenridge, every second Saturday there will be a “Creative Crawl”, when I first heard the name, I wondered if some drinking would be involved. It’s a Art-Hop with open studios in the arts district and shops, including Arts Alive where I sell my Art Quilts.

The National Repertory Orchestra will be preforming at the Riverwalk Center from June 13 through July.  The weekend of June 27th and 28th is Meet the Artists.  August 14 – 16 is an Australian troupe called The Fruits, they perform perched on 15 foot flexible poles.  Bending and swaying, they are part theater, dance and circus.  All this takes place at the Riverwalk Center.

Frisco hosts the Colorado BBQ challenge on June 19th and 20th.  Besides ribs, etc there is live music.

Of course Frisco’s Forth of July celebration is the highlight of the summer, starting off with a pancake breakfast, the parade, music and fireworks topping off the day.

Every Wednesday at noon in the Frisco Historic Park there is the Lunchtime Lecture Series, bring your lunch and learn about Summit County history and more.

August 8th is the Classic Boat show at the Frisco Marina and then on September 12th & 13th is Frisco Fall Fest (where I took the picture above last year) and Meet the Artists in Frisco.

Dillon has events almost every day of the week.  Farmers Market on Fridays until September 18th from 9 to 2.

On Wednesdays, free Country Dance lessons at 6PM.  Friday night concert series and then Saturday night music too.  All of this is at the Dillon Amphitheatre.

August 1st and 2nd is the Dillon Open Regatta at the Dillon Marina.

Keystone is having a Farmers Market this summer too.  It is at the Keystone Lakeside Village on Sundays starting June 21st until September 6th.  From 9 to 2.  While you are over there stop by the Art Gallery at Keystone Lake.

Now in between all of this fun, give me a call to check out real estate – if you had a place in Summit County you could attend everything!

New Lender Forms in our Future

The Consumer Finance Protection Bureau has made changed to the disclosure forms required when getting a new loan. They go into effect for anyone applying for a mortgage as of August 1, 2015

The forms replace the Truth and Lending Disclosure, Good Faith Estimate, Final Truth and Lending Disclosure and HUD 1 Settlement Statement with Loan Estimate and Closing Disclosure forms.

The new forms are easier to understand.  I have to laugh, because when the HUD 1 form would come up at the closing table, I would see the buyer’s eyes glaze over.  Another thing that changed is the Closing Disclosures must be delivered 3 days before closing.  To me this is really good news, you as a buyer will see all the numbers and be able to get them explained well in advance.  We will have to give a little more time between contract acceptance and closing to have time for the proper disclosures.

Let me know if you have any questions about these new items.

Search the Summit County MLS

Summit County Association of Realtors is going to a new MLS system.  So far it has required me to review and update all of my saved searches and grids.  For you it could be a change too.  I can set you up to received automatic emails with new listings, the information comes in a new form, through  your own “portal’ website.

When I send you the listings they show up on a map and listed by line.  You click on the display tab to change your view, i.e. listing detail, map only, line view. You can do and save your own searches too. The old system had searches by area, price, bedrooms, etc. This search has you use the map for area searches, that’s great in theory, but some listings are not mapped in the proper location.  It might be best to start your search with the broadest information and then narrow it down. You can save the searches, but you won’t receive the automatic new listings or changes unless I’ve set that up for you in the system. Let me know if you would like me to set up an automatic search for you.

New Construction in Summit County Colorado

New Construction

New Construction

Since the market seems to be improving and the number of listings are still low, new construction will start to be in demand.  There have been a few builders in Summit County which have been consistently providing new product even through the tough times. Below is a breakdown of what is available now.  These aren’t my listings, but listed in the mls, so I can sell them.

In Breckenridge, Water House on Main has several units for sale.  It’s located at the south end of town at 610 Columbine within walking distance to the slopes and Main Street.  The lowest price is a one bedroom with 894 square feet for $575K, the two bedrooms start at $775K, they have 1147 square feet.

In Frisco, Town Centre Condos are one block off of Main Street on Fifth.  A three bedroom condo with 1489 square feet and a private elevator is $675K.

Also in Frisco is new construction at Lagoon Townhomes, these are 3 bedroom 3 bath townhomes with 2283 square feet and a 3 car garage for $799K. These units are part of the Lagoon Townhome complex which has a clubhouse with large swimming pool.

In Silverthorne, Angler Mountain has been building all along through the years, right now they are offering three bedroom, 2190 square foot,  half duplexes starting at $745,000.

When the market improves we have more projects that haven’t broken ground and the developer is looking for reservations to make sure he (and the bank) want to make the commitment.  One of those is Rainbow Run at 820 Blue River Parkway, hwy 9 borders the west side and the Blue River on the east.  There will be a total of 8 units which includes a building of six condos over looking the Blue River and a duplex. In the condo building there will be three 2 bedroom 2 bath condos on the ground floor with 3 bedroom 3 bath units on the upper level.  The duplexes will each be 3 bedroom and 2.5 bath with two car garage.  The developer is taking reservations.

Let me know if you would like more information on any of these properties

Water Level at Green Mountain Reservoir

This is the time of year everyone is wondering if the reservoir will fill.  There is a web site where you can see the difference from day to day in storage and elevation. I’m used to looking at elevation, today the water level is at 7898, it has come up about half a foot in the last 3 days.  When the reservoir is full the level is 7950, so right now it’s down 52 feet.  I’ve seen it down 100 feet, hopefully not this year.  Here’s the link to the web site http://www.dwr.state.co.us/SurfaceWater/data/detail_graph.aspx?ID=GRERESCO