Edgemont closes first high end condo for $2.1 million
Posted by Colorado Group Realty on Monday, December 28th, 2009 at 11:17am.The Atira Group and Edgemont jumped the gun on their New Year's party this week and celebrated the first closing in the newly completed 40-unit luxury condominium project.
The developers originally had told their contracted buyers the building perched above the resort village on the Stampede ski trail at Steamboat Ski Area would be complete by February. More recently, owners were advised they could prepare to close on their purchase by mid-January.
However, the first closing at Edgemont took place Dec. 21 with the purchase of a three-bedroom condominium by the Chris M. Kurzweil Trust for $2.1 million.
By Christmas Eve, Edgemont had closed its sixth sale of the week, bringing the dollar total to more than $12.98 million.
The first phase of Edgemont is called Edgemont Ridge, and the price list reflects that 18 sales are pending, with 20 condos remaining on the market. Of those, all but a pair of one bedroom condominiums are priced at more than $1 million. And with the exception of the one-bedrooms in the high $800,000's, the lowest asking price is $1.389 million for the least expensive two-bedroom.
The total number of units available at Edgemont actually shrunk by two during the construction, the result of a couple buyers purchasing two units in order to expand their condominium homes.
The most expensive units at Edgemont were the half dozen in the Ridge Collection, including the five-bedroom Ski House still on the market at $4.956 million. The condominium dubbed the Bunk House is equally impressive, at $4.279 million, with its views directly onto skiers gliding by on Stampede.
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