Silverthorne and Wildernest Market Update

Here’s what’s going on in the Silverthorne real estate market. In general Silverthorne and the Wildernest area are where you will get the most for your money in Summit County. The lowest price for a condo is $144,900, it's a studio unit in Riverbend Condos. Right now 136 condos and townhomes are currently for sale in Silverthorne including Wildernest (above Silverthorne to the west). Prices go up to $779,000 for a new three bedroom townhome. Twelve are pending and 116 have sold last year. Those prices ranged from $135,000 for a studio condo up to $672,000 for a four bedroom townhome built in 2001.

This year the market for single family homes and half duplexes has slowed down; there are some signs of an increase in activity. There are 157 homes and half duplexes for sale in the Silverthorne area. The prices on homes range from $299,000 to $3,975,000, five are pending. Eighty-four have sold in the last year, prices from $300,000 to $3,975,000.

If you are willing to drive north of Silverthorne about 30 miles to Blue Valley Acres which is just into Grand County you can get a lot more for your money. Right now there are eight homes for sale in Blue Valley Acres. Prices start at $245,000. In the Heeney/Green Mountain Reservoir area (24 miles north of Silverthorne) I have a couple neat cabins for $295,000 and $395,000. Here’s a link to that property info.

You have many options in building sites in Silverthorne. Prices run from $190,000 for a quarter of an acre north in Fox Valley at the Raven and go up to $619,000 for over an acre in the Three Peaks subdivision. If you are looking for acreage north of Silverthorne the lowest price is $349,900 for 20 acres up to 2.2 million for 70 acres in Shadow Creek Ranch. There are small ranches north of Silverthorne “down the Blue” between 1.8 and 5.25 million. Around the Green Mountain Reservoir, there is a 20 acre lot for $599,900 and 314 acres up Cataract Creek Road for $3,375,000.

Every week I put together a list of everything for sale - I'll send it to you if you would like. You can also search the Summit County MLS from my web site.