The Capitol Peak condo unit that most recently sold last week — with three bedrooms and two bathrooms — went for $835,000, about a 40 to 45 percent discount from the original price. Another Base Village unit is scheduled to close Wednesday…Also Sinclair Meadows, which has also been fraught with bad timing and lawsuits, is seeing movement. Five of the 17 lots have been sold. Lots range in size from 2,400 to 4,500 square feet of buildable area, exclusive of a garage, and are selling between $600,000 and a little more than $1.5 million. Some lots will not be for sale until new homes are built on them.

Photo of Proposed Sinclair Meadows home courtesy of Mason Morse Real Estate
SNOWMASS VILLAGE REAL ESTATE — Recent real estate sales show signs of an uptick in Snowmass Village’s real estate market. Between May 2009 and May 2011, only three closings occurred in the Base Village. Already this year, three closings finalized in June, and three more properties are under contract to sell in July, according to a Snowmass Village real estate broker..“We’ll have doubled the level of sales from the past two years by July,” he said.
By Madeleine Osberger, June, 22 2011, AT

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Map courtesy of Chafin Light Real Estate