Condos in demand

Antlers, Canyon Creek remain hot properties

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— Entering the summer buying season, Re/Max agent Stephen Baden wagers he has two of the hottest condo projects in Steamboat The Antlers at Christie Base and Canyon Creek at Eagle Ridge.

"They are the two nicest projects on the market in terms of location, quality of construction and level of finish," Baden said.

Although the two projects target slightly different markets, both have been selling well since January, Baden said.

The Antlers, a ski-in and ski-out complex at the base of the Ski Area's Christie Lift, is intended for second homeowners seeking properties in the $1 million dollars and up range. All but four of those 18 units are sold, Baden said.

While other markets might have been shaken by the downturn in the economy and Sept. 11, Baden said interest in The Antlers has remained strong.

"The demographic of that buyer was not as affected and they were able to go ahead and buy a vacation property," he said.

Located at the base of Mount Werner along Eagle Ridge Drive, the Canyon Creek complex is marketed for second homeowner shopping in the $300,000 to $500,000 range and those looking for rental investments.

While just nine of these 44 units have sold, those closings accounted for half of all mid-range condo sales in Steamboat in the last six months.

As the summer buying season picks up, Baden expects more sales to take place.

"We've sold three or four in the last couple of months and anticipate July, August and September, even June, to be good," Baden said.

Canyon Creek, which has two buildings of 22 units each, has been on the market for about a year and half. But Baden said the condos have only really been shown since September. The entire project will be completed within the next 10 days with the wrap-up of construction in Building B.

One of the draws to the Canyon Creek condos, Baden said, is that they offer the amenities and fixtures the 15 to 20-year-old condos do not.

Older condos, Baden said, do not have the Canyon Creek's interior touches of solid wood paneling, stained wood trim, upgraded kitchen appliances, granite countertops, wiring for surround sound and thick concrete floors and double studded party walls for sound and insulation. The condos also have elevator access and underground parking, design plans that have become more popular.

"These are the things people are looking for today," Baden said.

Developed by Ski Town and Apres Ski Associates and designed by Steamboat architect Robert Ralston, Canyon Creek has a stone and stucco like exterior with large private outside balconies.

Site amenities include a front desk check-in, outdoor spa, heated outdoor pool and an amenity building with cardiovascular and weight equipment.

With nine units sold and two under contract, the remaining 33 buildings range from two bedroom and two baths to four bedrooms and three baths. Prices run from $339,000 to $519,000.

For second homeowners looking for the higher end condos, The Antlers offers top of the line features for a $1 million to $1.26 million price tag.

Completed in January, The Antlers has two buildings, one with six units and the other with 12. The buildings, which look directly out onto Christie base range from three bedroom and three baths to five bedrooms and five baths.

But, Baden said it is not just the location that separates the condos from others around the base area, it also has top of the line interior finishes.

"If you look at the level of finish, details and size (of The Antlers), most of the other ski-ins and ski-outs don't have that," Baden said.

Antlers condos offer a sub-zero refrigerators and other stainless steel appliances, slab granite countertops, custom-made cabinets, stone or ceramic tiles with tumbled marble and a gas fire place with Saratoga Moss Rock surrounds and wood mantel.

The Antlers also features covered parking, private locker room and owner's lounge, check-in area, outdoor heated pool, outdoor spa, and steam room.

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