Post on 30-Jul-2016
description
The Crestwood I-3309 | Snowmass Village, Colorado
SnowmassSkiCondo.com
The Crestwood, I-3309
What: This top floor, one bedroom + loft property enjoys easy ski access to Assay Hill and to Base Village and the gondola. The condominium, rated Deluxe by management, has been beautifully renovated and recently redecorated in a delightful, contemporary style. Located in a family-friendly development with extensive amenities and excellent management, this is a perfect vacation retreat. Walk, bike or ski to all Snowmass has to offer.
Where: At the base of Woodrun, adjacent to the Funnel trail.
Why: Given this property’s fresh modern décor and high-amenity setting, it is one of the best condominium values in all of Snowmass.
Numbers: $397,500, furnished
This condominium is convenient to the ski concierge, gondola and Assay Hill
BDRMS/BATHS 1 + LOFT/2 BATHS SQ FT 928FIREPLACE 1 GAS AMENITIES SPA, POOL, FRONT DESKVIEWS RIM TRAIL SKI ACCESS FUNNEL TRAIL
Kitchen with breakfast bar, as seen from fireplace
A renovated kitchen features new cabinetry, floors and appliances
Master bedroom
Master bath
Interior Features
• This top-floor property has one bedroom and a bath on the main level, plus a sleeping loft with both a queen and a twin bed, plus a ¾ bath, upstairs. Including the queen sofa bed in the living room, this condominium can sleep seven. A quiet barbecue deck expands the living area year-round.
• The kitchen and both baths have been remodeled and the décor was recently updated in a fun, modern style. Contemporary patterns and a bold color palette make this condominium a joy to return to after a day in the great outdoors.
• After a day of skiing, family and guests will enjoy sitting by the sleek glass-front gas fireplace with a honed concrete hearth. Turn on the big flat screen TV and catch the game to top off a perfect day. The sofa bed provides accommodation for extra guests.
• Glass sliding doors lead out to a quiet deck with views of the Snowmass Rim Trail. Consider it an extension of the living room, with extra chairs and a BBQ grill.
• The open kitchen features dark granite counters, alder cabinets, 12” x 12” tile flooring and recessed lighting. Four bar chairs surround the island with modern pendant lights hanging above. Freshly accessorized with ample storage, the kitchen is fully equipped with GE Profile appliances, including a side-by-side refrigerator, dishwasher, electric range and oven, microwave and corner sink.
• Windows framing the top of the ski area make for a sunny master bedroom which features a queen bed, contemporary furniture pieces, a Toshiba flat-screen TV, and owner’s locked storage. The adjacent bath is highlighted by a honed limestone vanity, new sink fixtures, and an elegantly tiled bath/shower surround.
• In the loft, windows capture views of the gondola and the skiers on Assay Hill. New linen adorns a queen and a twin bed. Guests will enjoy the flat screen TV and the adjacent, mirrored bath with shower. The loft includes a locked storage area and is shuttered from the living room for privacy.
Sleeping loft accommodates 3
The loft has its own bath with shower
Enjoy access to Assay Hill, as well as to the gondola in Base Village from The Crestwood
Exterior Features
• The Crestwood recently completed a $16 million exterior renovation which included all new roofs, all new exterior siding, grotto-style hot tubs (one is just steps from this condominium), new heated swimming pool, exercise room, spa, and a skier concierge facility. All special assessments this renovation required have been paid by seller.
• Enjoy après ski from your balcony and watch the sun set in the west.
• One of the best ski-in/ski-out locations in all of Snowmass. The loading stations for the Elk Camp gondola, the Village Express 6-pack chairlift, as well as the Assay Hill chair, are a very short ski away – The Crestwood staff will even deliver your skis slopeside.
• Two secure ski-lockers, one for owners and one for guests, are available right outside your door, along with a bench for donning ski boots.
Complex Amenities
• The Crestwood offers an owner/guest welcome center with a gracious lobby with fireplace and a fully staffed front desk.
• Your homeowners assessments include all utilities and such extras as wireless internet access, premium cable TV, and free laundry facilities.
• Concierge services at The Crestwood include complimentary shuttle service throughout the Village, as well as to the airport, dinner and event reservations, valet dry cleaning, ski tuning, and advance lift ticket purchasing.
• Parking is available immediately adjacent to the building on snow-melted lots.
Funnel Trail and Elk Camp Gondola as seen from The Crestwood’s ski room
Pool
The Crestwood’s renovation included all new pool, spas and fitness room
One of three spas on The Crestwood grounds
Jan-
17
ANNUAL EXPENSESCondominium Assessments 11/1/2016-10/31/2017 $15,074 1
Property Taxes 2016 1,981Unit Utilities Included in Assessments
Miscellaneous (Includes Inventory, owner hskpg, maintenance, etc.) 1,000 2
TOTAL EXPENSES ($18,055)
RENTAL ACTIVITYGross Income (average of last 3 years, no owner use) $34,402
MONTHLY COMM %
Management Fees $0 45.00% (15,481)
NET INCOME TO APPLY TO EXPENSES $18,921
PRE-TAX CASH FLOW $866
1
2
Note: as a non-profit management company, The Crestwood withholds 50% of rentals, rebating the annual surplus to owners at year-end; above represents actual management fees after rebate.
INCOME/EXPENSE ANALYSISTHE CRESTWOOD I-3309
The following is based on material provided by The Crestwood and associated managemententities. Data is deemed reliable, but is not guaranteed. Further, this information is not aprojection. Actual income and expenses will vary with owner use, weather, economicconditions, unit location and quality, and guest preferences. Prospective buyers areencouraged to seek further informatin from the management company and to review actualstatements for the property. Most sellers will provide copies of actual unit statements toseriously interested buyers.
* * * * * * * * * * * *
* * * * * * * * * * * *Billed quarterlyMiscellaneous expenses represent what is typical, averaging rare or excluding unique one-time costs.
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SKYCAB
LIFT
ALPINE
SPRIN
GS
LIFT
BURLINGAMELIFT
ASSA
YH
ILL
LIFT
VILLAGEEXPRESS
LIFT
ELKC
AMP
GO
ND
OLA
LIFT
CARRIAGE WAY
BRUSH CREEK RDFARAWAYRD
LITTLELN
JANSSLN
FALL
LN
CREEK LN
DEERFIELD DR
BURLINGAMELN
VILLAGE R U N CIR
HIDDEN LN
STANTON LN
ALPINE LN
SAMS KNOB WORK RD
THORTO
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RD
DALY LN
FOREST LN
BRIDGE
LN
ELK CAMP WORK RD
WOOD RD
KEARNS RD
VILLAGE BOU NDRD
ELBERT LN
PINELN
CAMPGROUND LN
RIDGE RD
BRUSH CREEK LN
DEER RIDGE LN
EDGEWOOD LN
I
This map/drawing is a graphical representation of the features depicted and is not a legal
representation. The accuracy may change depending on the enlargement or reduction.
Copyright 2015 Pitkin County GIS
The Crestwood0 400200
Feet
Date: 2/5/2015
Structures
\ Ski Lifts
Ski Run
Roads
Water
BaseVillage
The ChamonixSnowmassVillage Mall
The Viceroy
The Enclave
Woodrun Place
The Crestwood
Fanny
HillSki
Trail
FunnelSki
Trail
Adam
sA
venueSki Trail
I-3309
DISCLOSURE: Information herein deemed reliable, but not guaranteed. Due to differences in measurement methods, neither Seller nor Broker can warrant the square footage of any structure or the size of any land being purchased. Broker measurements are for marketing purposes and are not measurements for loan, valuation or any other purpose. If exact square footage is a concern, the property should be independently measured.
Details: Legal Description: Unit 3309; Building I; The Crestwood; Pitkin County, Colorado
Street Address: 0400 Wood Road, I-3309; Snowmass Village, CO 81615
Square Feet (heated living): 928 sq ft, per Crestwood management
Bedrooms/Baths: 1 bedroom + sleeping loft (1 queen/1 twin) and 2 baths
Year Built/Renovated: 1970/2008
Fireplace: 1 gas fireplace in living room
Laundry: Common area room in building
Heating: Gas fireplace (included in HOA assessments) + back-up electric registers in other rooms
Decks/Patios Balcony with BBQ, table and chairs
Parking: Common, snowmelted area adjacent to building
Extras: New contemporary fireplace; redesigned and renovated kitchen; updated baths
Views: Rim Trail
Occupant: Short-term rentals, arranged by The Crestwood
Complex Amenities: Front desk on site with bellmen, resident manager, pool, spa, exercise room, conference facilities, on-slope ski locker and tuning shop; courtesy van service throughout Snowmass and to airport
Property Taxes: $1981/yr real property taxes (2016)
Homeowner Fees: $15,074/yr (11/1/16 to 10/31/17)
Real Estate Transfer Tax: 1% of purchase price, paid by Buyer
Price: $397,500, furnished
Terms: Cash, or terms otherwise acceptable to Seller
MLS#: 137608
Website: SnowmassSkiCondo.com
REAL ESTATE ON HIGHER GROUND
© 2017 BHH Affiliates, LLC. An independently owned and operated franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered serve marks of HomeServices of America, Inc.® Equal Housing Opportunity. Information not verified or guaranteed. If your home is currently listed with a Broker, this is not intended as a solicitation.
Aspen 534 E. Hopkins Avenue | 970.922.2111 • Next to the Gondola Plaza 555 E. Durant Avenue, Suite 5A | 970.925.5400 Snowmass Village Next to Alpine Bank | 970.923.2111 • BHHSAspenSnowmass.com
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