Home for Sale at 36370 TRAIL RIDGE ROAD, Steamboat Springs, CO 80487

36370 Trail Ridge Road
Steamboat Springs, CO 80487

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Property Details

List Price:	$8,995,000
Beds:	5
Baths:	6
Status:	Active
SqFt:	8189
Agency:	Compass Colorado, LLC

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Description/Comments

Lot Size:	11 acre(s)
Property Type:	Residential
Year Built:	1995
Notes:	Immerse yourself in the splendor and serenity of nature in this exceptional home located in the coveted Dakota Ridge neighborhood, located 2.9 miles from downtown and 3.2 miles from the base of the ski resort. This enchanting, one-of-a kind estate is situated on 11.57 acres making it one of the largest lots in Dakota Ridge and there are no other houses in sight just unparalleled views of Mt. Werner and the Yampa Valley. Sparing no detail and covering over 8,189 square feet of luxurious living on two expansive levels this home has been designed to address your every need. All the necessities of the house are located on the main level including a lavish master suite with a generous walk-in closet, gas fireplace, private deck, and an impressive spa-like ensuite bath. The great room with vaulted wood beam ceilings features an impressive stone fireplace, stone columns, a deck that seamless connects to the inviting outdoor living area and a formal dining area prime for gathering and entertaining. No detail was over looked in the chef's kitchen from the breakfast nook that feels like you are among the aspen grove, to the den with fireplace that maximizes views with floor to ceiling windows, to the hidden pantry that seamlessly blends into the surrounding room while also providing ample storage for food and appliances. Downstairs there is fun for the entire family with a large living room with its own fireplace, full bar, pool table, as well as four bedrooms - each with its own ensuite bathroom. In addition, each bedroom has its own private deck and view of the ski resort. Impeccably built and meticulously designed, this stately county oasis fully delivers a mountain experience par excellence with a waterfall feature on the upper pond and a creek running to the lower pond. Property would make a wonderful family home or a fantastic multi-generational mountain retreat.
MlsNumber:	S1048947

Listing Provided By:	Compass Colorado, LLC, original listing
Name:	Compass Colorado, LLC
Phone:	(970) 925-6063
Office Name:	Compass
Office Phone:	(303) 536-1786
Agent Name:	Cheryl Foote
Disclaimer:	Copyright Â© 2024 Altitude REALTORS Â®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered.

VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments.

Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.

USHUD.com is a private company not affiliated or associated with or endorsed, authorized, approved, sponsored
or licensed by the US Department of Housing and Urban Development

USHUD.com is an Equal Housing Opportunity

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