SALE OF ESTATE IN BACHELOR GULCH NOW CLOSED


In my post of November 3rd, I alerted you that this 10,000+ square foot home in Bachelor Gulch (a resort community on Beaver Creek ski mountain) had been placed under contract after receivng multiple offers in quick succession.
The sale closed yesterday ... at $11,250,000, equal to $1,051 per square foot. The sale price represents a discount of 19% from list price and is, to me, further evidence that perceived value brings buyers, even at the high-end of the market.

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