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News Release
| 8/7/07 - Wildhorse Meadows Sells More Than $56 Million in Real Estate at Trailhead Lodge |
Success Confirms Wall Street Journal\'s Designation of Steamboat Springs as One of 12 Tempting Vacation-Home Buys
STEAMBOAT SPRINGS, Colo.--(BUSINESS WIRE)--Colorado resort home shoppers purchased more than 70% of the properties offered for Trailhead Lodge at Wildhorse Meadows during a one-day sales selection event held in Denver this week. The real estate sold totaled more than $56 million in revenue.
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The sales results reflect Steamboat\'s increasing strength as a resort destination, which the Wall Street Journal recently named one of the top 12 tempting locations for vacation-home buys.
\"Steamboat Springs is gaining momentum,\" said David Hill, President, Resort Ventures West, the developer of Wildhorse Meadows. \"Our strong results clearly reflect our customers\' confidence in the local real estate market, and specifically, the opportunities they see at Wildhorse Meadows.\"
Wildhorse Meadows is a 47-acre residential resort community that balances modern amenities and lifestyle with a design that preserves Steamboat Springs\' rich history and distinctly Western warmth. Trailhead Lodge is situated at the center of the neighborhood just steps from the proposed Wildhorse Gondola and all other neighborhood amenities.
\"This is an exciting development for anyone looking to enjoy and partake in all things Steamboat,\" said local resident Jeff Chapman of Homebuyers Mortgage Lending, who purchased at Trailhead Lodge and also referred customers to the project. \"Trailhead Lodge and the entire Wildhorse Meadows community has a perfect blend of Steamboat\'s heritage, mountain atmosphere and luxury amenities that appeals to me as both a broker and a buyer.\"
Trailhead Lodge\'s fully furnished studio, one- two- and three-bedroom properties ranged in price from $430,000 to $2.25 million. Construction of the lodge is expected to begin later this year.
Wildhorse Meadows is being developed by Resort Ventures West, a Steamboat-based developer, in strategic partnership with S&P Destination Properties, a real estate company specializing in the master planning, marketing and sales of resort and luxury real estate across the world.
For more information on the Trailhead Lodge and Wildhorse Meadows, visit www.wildhorsemeadows.com. For real estate information call 877-886-7772.
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| URL: www.wildhorsemeadows.com |
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