Friday, December 17, 2010
I attended the broker preview/launch party of The Ascent last night. Following the blow-out of The Westin in December 2009 when the developer reduced prices by 40% and amid whispers that something similar would happen here, I was anxious to see what the new owners had done and would do with The Ascent.
The Ascent is the re-incarnation of a 49-unit condominium building, located at the base of Beaver Creek -- and originally known as The Gates -- which had come to market just as the world's economy was collapsing. Condo Capital Solutions bought the building -- for a very good price -- a couple of months ago and brought in a local architectural team, landscaping team and interior design team to re-work it.
They re-worked prices, too, dropping them 50-55% from what The Gates folks were asking in 2008. So, condos that WERE priced between $975,000 and upwards of $2,400,000 are NOW PRICED between $349,000 and slightly above $1,100,000.
The 2-bedroom condos (1,244 - 1,323 square feet) range from $349,000 to $549,000.
The 3-bedrooms (1,599 - 2,170 square feet) range from $549,000 to $989,000, and are mostly the $600,000's and $700,000s.
The 4-bedrooms (2,551 - 2,612 square feet) range from $989,000 to $1,099,000.
Amenities at The Ascent include ski lockers with boot heaters and owners' storage closets; workout facility; steam room; small-ish swimming/lap pool; indoor and outdoor hot tubs: a children's recreation room; an adult recreation room, i.e., The Club Room, in the form of a lounge with full bar; and a quiet Living Room with fireplace ... and the entire building is air-conditioned. There is also shuttle service to skiing.
I collected a full complement of floor plans, site plans, pricing sheets, fact sheets, lender info, etc. and I am happy to share any of it with you. Just contact me at firstname.lastname@example.org with your requests. I can email, fax or FedEx back to you anything you might want to take a look at.
I can also give you my take on what I think are the best units and the really good values.