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THE BACK BOWLS OF VAIL MAP

Endless Skiing, click pic to enlarge!

VAIL'S BORN FREE AND CHAIR 8 OPEN FOR THE SEASON

Skiing at Vail has officially opened with the opening of Chair 8 and the Born Free run. Vail opened this past Friday and the skiing has been excellent through opening weekend, trust me on this one folks as I skied Saturday, Sunday and Monday. So get out and go rip some turns!The front side of Vail Ski Mountain

REALITY CHECK HITS EAGLE REAL ESTATE MARKET

"Short Sale", the dreaded words that no home owner wants to hear when it comes to the sale of their home, particularly in the high end neighborhood of Eagle Ranch in Eagle, Colorado. But those very words are now beginning to be murmured amongst the property owners of some of the luxury homes here. What this means is that Sellers are getting desperate here in the Vail Valley just like the rest of the country and we continue to see very significant price reductions. If you are looking for a premium property in the High Country of Colorado, it would be wise to have a savy realtor keep you up to date on all the latest price reductions and possible short sales. For information on these properties, and to keep up to date on the most current information, call Larry Grossman today at 970-376-1244 or shoot him an e-mail at fishlg@netzero.net

VAIL'S ARRABELLE SQUARE BUILDER HONORED

From the Vail Daily

EAGLE COUNTY — The Eagle Valley Home Builders Association recently recognized The Gallegos Corporation for its work on the Arrabelle at Vail Square. The company was awarded three BEAM Gold Awards, one each for masonry, plaster and marble/granite/tile. “This project was truly unique and a good test of our skills. The timeline was tight and the scope of the project was impressive,” said Jake Jacobson, the Masonry Division president. “It is not often we get to work on a project that encompasses so many of our talents. I am happy that all of our crews were recognized for their hard work.”

If you would like more information on the Arrabelle, Vail's premier resort residence, call Larry
Grossman today.

GYPSUM OK'S SADDLE RIDGE, FINANCES REMAIN UNCERTAIN

FROM THE VAIL DAILY

Saddle Ridge, a 244-acre project proposed for Gypsum, would include 309,000 square feet of commercial space. But Town Manager Jeff Shroll said, given the current economic environment, that aspect of the project won’t happen for a “very, very long time.”
Special to the Daily
GYPSUM, Colorado — After hovering for six years on the edge of the town’s radar, the proposed Saddle Ridge development earned approval from Gypsum, Colorado, Town Council last week.Saddle Ridge is one of the biggest development ever proposed for the community. It is a golf resort and timeshare second-home community that would be located on the eastern edge of Gypsum, directly south of Eagle County Regional Airport. This 244-acre development plan calls for 113 cabins, 109 condominiums, 309,000 square feet of commercial space, an 18-hole golf course, a 38,000-square-foot clubhouse, more than 20 acres of lakes, 30 bed and breakfast lodge units and an 100-room hotel, which developers hope will have a high-end hotel name.

538 HERNAGE CREEK ROAD, BACK ON THE MARKET

Back on the market! Nestled along Hernage creek this family home has plenty to offer. Home study and Master bedroom are conveniently located on the main level while the lower level offer the kids 3 bedrooms two baths and a family room all of their own. 4BD/3.5BTH with outstanding finishes this is probably the best value in Eagle Ranch if you are looking to "downsize" and remain in the incredible neighborhood of Eagle Ranch.

WHY LARRY GROSSMAN AS YOUR REALTOR AS OPPOSED TO A "TEAM" IN THE VAIL VALLEY?

Entering my fourth year in the Real Estate industry here in the Eagle/Vail Valley I have had the opportunity to work both as an individual broker and also worked with a Real Estate Team. For me it was clear which was the better option for me professionally and working as an individual, one on one with my clientele has far and away provided me with the best option to service my clients as only they should be. I found that with the "team" concept, that is a group of several people on your transaction, there was too much chance of a failure in communications between team members and that they had so many properties to deal with at one time that your particular property could become "lost in the wash" of everything that was going on in the other transactions that the team was trying to handle simultaneously. I found this frustrating and made the decision that if I was solely responsible for my clients needs, that I could more easily schedule events for each "deal" so there were no conflicts of interest on my side of the transactions I was handling. My first three years in the industry have proven that I have a clear vision of what price your home will sell for as a listing agent and what I think is a fair purchase price for my clients as a buyer's agent. So when the time comes for what may be the biggest transaction of your lifetime, or close to it, and you want a realtor who is going to give you 100% of his time and knowledge, call me, Larry Grossman, to get the deal done in a time frame that works for you. Call Larry at 970-376-1244

HOME PRICES IN EAGLE AND EAGLE RANCH CONTINUE TO DROP

Opportunities continue to appear in the Eagle and Eagle Ranch area as the mortgage "crunch" slowly begins to affect even those who appear to be the most insulated from the circumstance of a very unstable economy. What this means for buyers who have planned properly for this opportunity and have the available funds, is that there are more and more very appealing price points on a variety of amazing properties in our market. In some cases, square footage prices have dropped dramatically and these are the homes which are selling while most others sellers continue to sit on their over priced properties and pay heavy mortgage payments instead of pricing the property correct in our changing market and selling their home. Recently, another custom home in Eagle Ranch which was originally priced close to 1.3 million dollars sold for $907,000. This represents a 30% price reduction! For more opportunities like this one call Larry Grossman today at 970-376-1244

DUSTY BOOT IN EAGLE RANCH OPENS, ANOTHER REASON TO BUY IN PARADISE

from the vail daily

EAGLE, Colorado — Owner John Shipp wants the new Dusty Boot Steakhouse and Saloon to be the place in Eagle. The place to grab a burger ... the place to enjoy an after-work brew with friends ... the place to catch the game on Sunday ... the place to book a private party ... the place to grab some grub on a night when there just isn’t time to cook.“My idea here is we are a neighborhood bar and grill,” said Shipp. “We appeal to a wide range, just about anyone in Eagle.”The Dusty Boot debuts in a brand new, signature building located at the northwest corner of Capitol Street and Founders Avenue in the Eagle Ranch commercial area. The 9,654 square foot building features the 2,153 square foot street level Dusty Boot restaurant with office space above and storage space in the basement. Come summer, there’s a 1,316 square foot outdoor area for al fresco dining.“We’ve been doing restaurants more in tourist areas. We’ve been on the ski mountain for years. It’s nice to get more into a local feeling, to be more of a home town place,” offered owner Chrissy Shipp.The Dusty Boot in Eagle features three distinct dining areas. Right inside the front door is a spacious bar that features four flat screen televisions. Shipp says it should be a perfect place to hang out and catch any game.The main dining area is located on the other side of a brick wall with an arched opening that forms the bar’s backstop. Booths line the walls, including the full-length glass windows featured along the building’s exterior, and tables punctuate the center space. For sports enthusiasts who prefer dining rooms to bar areas, the game will be on here, too. Three flatscreen televisions decorate the dining area walls.A small dining room is located along the back wall. The area can accommodate overflow from the main dining room or a retractable wall can be used to make it a private party area. Shipp noted a large projector system has been installed in the area, making it a great facility for business presentations or parties. Beyond the restaurant amenities, Shipp noted the new Dusty Boot will offer the same great food the business is known for. And for folks who want to enjoy Dusty Boot cuisine, but who don’t want to spend the night outside their homes, a full take-out operation including rotisserie entrees, will be offered at the Eagle location. The new service is called Boot-to-go.Shipp notes, with pride, that the new Dusty Boot building in Eagle is actually called the Jack C. Shipp building in honor of his late father. Four Shipp brothers are the owners of the Dusty Boot enterprise.“We put lots of extras in the building and we spent money where we think it will matter,” Shipp said. “We have bought into the growth of the downvalley.”Now the doors are open and Shipp is ready to roll. “We think this concept is what Eagle is looking for.”The Dusty Boot is serving food daily from 11 a.m. to 9:30 p.m., though the bar will stay open later. For more information, call 970-328-7002.

EAGLE REAL ESTATE PRICES CONTINUE TO SLIDE

This property is back on the market as of 1/5/2009. Wow, great deals continue to pop up in the Vail Valley like this beautiful home on Hernage Creek Road in Eagle Ranch which just recently went under contract after the seller dropped the price to an incredible $649,000. This 4bd/3.5bth single family home sits on nearly half an acre and has outstanding finishes along with a two car garage. Origanally listed at $829,000, this represents a nearly 25% price reduction and at just a bit over $200/sqft is an outstanding value in the wonderful neighborhood of Eagle Ranch. There are other outstanding values in the Eagle area as we speak, and only a well informed realtor will have the "inside" information to be able to let you know exactly what is going on in their area of business. An informed realtor will often know what is motivating sellers to sell and be able to negotiate on your behalf to get you the best price on a home such as this one. Call Larry Grossman today at 970-376-1244 for more information.

EAGLE RIVER STATION CONTINUES TO PUSH FORWARD

From the Vail Daily 11/07/2008

EAGLE, Colorado — Studying building heights, parking spaces, and affordable housing, the Eagle Town Board continues to pore over the details of the Eagle River Station proposal.Eagle River Station developer Mike Hans of Kansas City, Mo.-based RED development noted the project has a letter of intent from an “anchor” tenant and has generated a lot of interest from other retailers. Confidentiality agreements prevent him from disclosing additional information, but he added that Eagle River Station is a solid economic proposal, he said.As part of the overall development plan, Eagle River Station would build 581 housing units both for its own employees and for other workers in Eagle County. Consultant Heidi Aggelar said 58 of the units would be deed restricted in the town of Eagle’s housing program. An additional 105 units would be classified as workforce housing. The remaining units would be sold on the free market.In response to question regarding the housing need at Eagle River Station, Aggelar estimated that 1,888 jobs would be created at the development including:• 1,320 retail sales jobs.• 365 bar/restaurant jobs.• 130 lodging jobs.• 71 residential development jobs.She noted, however, that 1,888 jobs does not equate to the need for that many housing units because employees will share units and some workers will already reside in Eagle. Aggelar said home prices will range from $174,000 for studios to $389,000 for three-bedroom units.“Eagle River Station is substantially more affordable than anything you can get in the market now,” she said.Town Board members expressed willingness to accept the housing plan. “I personally feel you have met the housing requirement,” said Eagle Mayor Ed Woodland. Condos would be located above the stores, and construction would be phased, Hans said.