On the Market: Homestead lot sells for $2.9 million at Marabou

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On the Market

Tom Ross' On the Market column appears Sundays in the Real Estate section of the Steamboat Pilot & Today. Contact him at 871-4205 or e-mail tross@SteamboatToday.com.

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— Marabou developer Jeff Temple confirmed this week that his project had seen the sale of a 6.7-acre homestead lot for $2.9 million.

It was the first developer sale in months.

“We’re very excited,” Temple said. “the price was discounted, but it’s not that far from prices four years ago.”

Marabou ranch estate lots sold for $2.9 million, $4 million and $3.38 million in October, November and December 2006.

Temple said he was encouraged that there would be news of another sale at Mara­bou early in the New Year.

John Hillenbrand oversees the sales office at Marabou.

Prudential Steamboat agents crack the top 3

Prudential Steamboat Realty agents Pam Vanatta, Kim Kreissig and the Olson Team were recognized in the third quarter as top agents for the state of Colorado in the Prudential Real Estate Network for residential sales.

Brokers Beth Bishop and Lisa Olson, of The Olson Team, ranked second in the state for their total number of residential units sold.

Vanatta and her team of Anne Mayberry, Kelly Stahl, Heidi Flint and Mark Dudley continued their tradition as top performers for the Prudential network with a second-place ranking in Colorado for total number of residential units sold.

Kim Kreissig ranked third in the state for residential gross commission income.

“In a challenging market, these accomplishments speak volumes to the service these agents provide to their clients,” broker/owner Cam Boyd said.

Mountain area logs 276 sales through November

The area surrounding Steamboat Ski Area logged 25 percent of Routt County’s transaction volume through the end of Novem­ber.

Bruce Carta, of Land Title Guarantee Co., reported that the 276 sales at the mountain through the 11th month of the year represented $192.3 million for an average transaction price of $696,810.

Downtown Steamboat had an average transaction price of $700,000; Strawberry Park/Elk River, $1.06 million; and Catamount (only two sales), $1.9 million. Downtown saw 53 transactions.

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