Which location is right for you?
Ski-in Ski-out? That’s where you will pay a premium price, but you can get more income if you are renting out the unit too (more on that in a future blog). There is the true ski-in ski-out where you literally take off your skis at the door and then there are the neighborhoods where you are a short walk to the slopes. You will have a lot more choices if you are willing to take the short walk. Some of the areas you might consider are parts of the town of Breckenridge, most of Copper Mountain Resort, and the River Run Village and Mountain House areas at Keystone.
Resort Living? That’s my term for a property that is a short bus ride away from the slopes or lake. You have the benefit of the resort location, yet the price of the property will be less. Summit Stage is a free bus service that makes frequent stops around the towns. Breckenridge, Keystone and Copper Mountain each have a bus service within the resorts.
In Town? Some people like to be within walking distance to shops, restaurants and parks. Breckenridge, Frisco and Dillon have many choices of properties in town. Silverthorne is a little more spread out, but the town is working on a bike and walking path along the Blue River. Years ago I sold a condo to a buyer in Frisco; she told me she had a choice of 15 restaurants and bars within walking distance of her property.
Outside of Town? Others would rather feel like they are in the mountains. I think Wildernest is the best of all worlds, lots of condos with lots of choices, forest service land within a short walk and yet town is just 10 minute drive away. They are some neighborhoods of single family homes out of town too. To give you an example of a few; above Silverthorne are Mesa Cortina and Government Small Tracts. Outside of Dillon are Dillon Valley, Summit Cove, Soda Creek and Whispering Pines. Outside of Breckenridge is Blue River (really an incorporated town, but no businesses), Silver Shekel, Crown, Highlands and many others. These neighborhoods are all going to be in a subdivision with the lot sizes usually between a third and one acre. Some areas have city water and sewer, the rest will be well and septic, most have access to cable TV and high speed internet and county maintained roads.
Really Outside of Town? In general the farther you get away from the slopes and Lake Dillon the prices go down. If you are willing to go north of Silverthorne to Heeney (24 miles) or Blue Valley Acres (29 miles) you will get more for your money. The same is true if you are willing to go south of Breckenridge at the base of Hoosier Pass in Quandary Village (also called Northstar). If you want a larger piece of land you will have the best selection north of Silverthorne among the 20 and 40 acre “mini ranches”.
One way to figure out which location is best is to think about what you like to do. Do you enjoy eating out, shopping and would like to be able to walk home after a night on the town? Would you like the flexibility of having a bus stop nearby so that members of your group can come home on their own schedule? Do you want to be able to leave your car in the garage and ride a bicycle or walk to your favorite activities? Would you like to be able to hike out your own back door?
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