Sunday, September 23, 2007
Steamboat Springs A new era in real estate development is gradually taking hold at privately held Lake Agnes on the east side of Rabbit Ears Pass.
The Teton County workforce has grown accustomed to the high-altitude commute from Driggs, Idaho, to Jackson Wyo., but that's not what's transpiring at Lake Agnes, Realtor Nick Metzler said.
"It's not necessarily all high-end, but it's so private and pristine, it's beginning to draw some affluence," Metzler said. "It's for people who don't need their Starbucks every morning and might enjoy being a little further from everything happening in Steamboat."
Lake Agnes is a natural body of water measuring 110 acres in the extreme northwest corner of Grand County where Routt, Grand and Jackson counties come together. The lake is surrounded by 19 single-family lots that are an in-holding in the National Forest. A gate controls access. Some of the lots have cabins on them, some have larger homes and some have not been built on.
The drive from Steamboat is between 22 and 23 miles on U.S. Highway 40 before the turnoff to the lake at the bottom of Muddy Pass.
"In terms of length, it's a similar drive to going to Steamboat Lake," Metzler said. "It's amazing how often I bump into someone who has lived in Steamboat for a long time and has no idea where it is."
Metzler and colleague Todd Asbury at Colorado Group Realty have listed five 35-acre homesites including some undeveloped lots and some that are built on. The entry price for a building lot at Lake Agnes is $695,000. There are two more vacant sites, one on the south side of the lake for $795,000 and another, near the common dock, for $950,000.
Metzler said there is a 3,700 square-foot custom log home on one lot that is priced at $1.65 million. Prospective buyers can also look at a 3,500 square-foot home that includes a boathouse and gazebo for $1.265 million, and a cabin on a ridge with views for $895,000.
Originally a retreat for oilmen, Lake Agnes was, until recently, partially occupied by a Christian youth camp. When the camp departed for a location closer to the Front Range, the potential for a real estate revival opened up.
The community offers many opportunities for recreation, including a long-standing trophy trout fishery, Metzler said. All of the lots have frontage on the lake, however all owners have the right to walk the shoreline. Covenants prevent neighbors from straying close to the homes. There is a common property boat dock, but owners also have the opportunity to build their own dock. Boating is limited to electric motors and human-powered craft.
The active homeowners association has a fishing committee that works to keep the resident trout population healthy.
There are trails for hiking and snowshoeing into the National Forest. Rabbit Ears Pass is 10 minutes away.