Below are notable Best Buy Condominiums in the Vail Valley that in my opinion represent a good value, all except for the Tower Residences have had sizeable price reductions. One is in Avon that is connected to Beaver Creek via a gondola and the other 4 are in the Lionshead base area.
- The Westin Riverfront Resort: This property was completed a little more than one year ago. The Developer is liquidating all of the remaining inventory with a 40% discount. It is a very well constructed property that is LEED certified and is connected to the base of Beaver Creek by a gondola. You can learn more about the property here http://www.visit.riverfrontresortandspa.com/location.html
This link is to Westin Riverfront #449(#339 is also available) which has a very good views to the Gore Range Mountains http://idx.myvailbroker.com/idx/5678/details.php?idxID=293&listingID=V315658 The list price is $1,250,000 but with the 40% discount the price drops to $750,000. A good value for a brand new full service property with a rental program option. Studio units start in the mid $200,000’s
- Arrabelle at Vail Square #461: This is a 3 bedroom 2.75 bath priced at $2,795,000, the current owner paid $2,195,000 back in 2005 during the Arrabelle lottery. This ski in/out building in Lionshead has transformed the base area and is in high demand for rentals, as a result the residences produce very good rental numbers. Due to the current owners motivation it may be possible to acquire the property at close to its original sales price, the unit now includes furnishings. http://idx.myvailbroker.com/idx/5678/details.php?idxID=293&listingID=V308618
- Landmark #217: This is a completely remodeled 3 bedroom unit in the Landmark. The Landmark in Lionshead also u a cnete building wide remodel and now has a new exterior, lobby and pool deck. If you are looking for a 3 bedroom that is an easy walk to the gondola for a price that is below a lot of 2 bedroom properties then this is worth a look. More details are available on this link http://idx.myvailbroker.com/idx/5678/details.php?idxID=293&listingID=V308618
- Tower Residences at Lionsquare Lodge #401: This is a brand new 3 bedroom plus den with good views to Vail Mountain and excellent finishes. This unit is currently listed for $3,350,000, however the Developer has to take this unit back because the Buyer did not perform and surrendered his earnest money, which was a substantial deposit of 20%. More details available at http://idx.myvailbroker.com/idx/5678/details.php?idxID=293&listingID=V314295
- The Ritz Carlton Residences Vail #1 :First the Developer has reduced prices by 20% and included a $50,000 Arrabelle Club social membership to all purchasers. Residence #1 is a big 5 bedroom Residence listed for $3,995,000, this unit faces south and walk out to the Gore Creek Place path. The web site is where you can see views, descriptions of amenities and more recent photos at www.theresidencesvail.com Prices start at approximately $2,000,000 for a two bedroom Residence.

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