The real estate agents that are selling this house in Vail Village claim this to be a redevelopment opportunity, but I don’t understand why. At just under $8 million dollars, you get a vintage property just a short walk away from the slopes and Vail Village. Built in 1962, this three-bedroom, three-bathroom property is one of the cheapest houses you can find in the neighborhood in one of the most notorious mountain towns in Colorado. There are some really nice retro touches that you can barely find at mountain townhouses these days. And the zoning rules for the land allows for a redevelopment in case you want to build something more modern. The cons of the property are it is actually a duplex, so there’s a house across the hall practically. Also, the kitchen tile is definitely pretty dated, but at least your grandma will dig it. You can view and inquire about the property here.
Here’s the official description of the property:
“A true Legacy location that is rarely available. This charming classic Alpine Villa nestled within towering evergreens has a proven rental history. Situated at the top of legendary Forest Road/Rockledge Road, this is one of the least expensive homes in this unique neighborhood. This charming designer-decorated home is also one of the last redevelopment opportunities in Vail Village, just steps from the Bear Tree run to Vail Village and a short walk to the Lionshead ski way. 167 Rockledge is a rare gem surrounded by the most exclusive homes in the entire Vail Valley. This exceptional opportunity also gives a Buyer the option to build a new home on the site up to 4,000 +/- square feet per the Town of Vail. Please note this is a detached duplex with the neighbor being the primary side and with this property being the secondary side. “
Image Credits: Forbes Global Properties