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This home on Whitewater Lane in The Sanctuary sold this week for $1.95 million, the equivalent of $341 per square foot. It originally was listed for $4 million.

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Buyers of multimillion-dollar Steamboat homes expect quality, great deals

When the new home at 2745 Whitewater Lane sold for $1.95 million cash Wednesday, it said a good deal about the state of the high-end market in Steamboat Springs. The property, overlooking Fish Creek from close range in The Sanctuary, originally was listed for $4 million and saw the asking price reduced to $2.5 million in September.

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