We created a specialized search for Colorado mountain getaways for this week’s search. You can view all the current single-family homes, condos, and townhomes in Colorado mountain towns here:
Below you will find Colorado mountain getaways for sale in cities like Cripple Creek, Leadville, Drake, Woodland Park, Florissant, Estes Park, Lyons, Frisco, Silver Plume, Vail, Aspen, Georgetown, Divide, Alma, Hartsel, Buena Vista, Idaho Springs, Fairplay, Winter Park, Manitou Springs, Granby, Silverthorne, Breckenridge, Bailey, Como, Lake George, and Dumont.
Colorado is home to some of the best mountain towns in the world. Many have invested in Colorado mountain getaways over the past few years. There are many reasons to purchase a second home or a vacation home in the mountains. Here just a couple of points of consideration if you are looking to purchase a Colorado mountain getaway home.
When choosing a location for a property, it is important to consider elements that are most important to you and for any potential hosting.
Is important to be close to the hiking trails? Do want to have access to multiple ski resorts? Are you hoping to be close to a body of water? What kind of view do you want to see from inside the home? All these answers will help you determine the right location for your Colorado mountain getaway.
Features and Amenities
With a condo or townhome, there will likely be association fees. This added cost can offer access to luxury amenities like relaxing hot tubs and pools, ski-in/out, and direct access to hiking and biking. Colorado mountain getaways that offer luxury amenities are great for owners and renters alike. Short-term rental websites allow customers to filter properties for specific amenities.
When on vacation, we all want things to be easy and convenient. Owning a Colorado mountain getaway condo can offer so much more access to great features and amenities that make it highly desirable.
Mountain real estate prices vary based on a number of items. Ski-in/out might be the most desirable characteristic, and it comes with a high premium. On top of location, a clear, unobstructed mountain view could cost 20% to 30% higher than a similar unit with no view. Colorado mountain getaway townhomes and condos are generally less expensive than single-family homes.
Potential of Income
Owning a Colorado mountain getaway property not only provides a great place for you to access at your own leisure; it could potentially generate income for you. Short-term rentals in areas in ski towns continuously sell out during peak the months of November through April and June through August. You can even trade days at your property for another location of your choice on certain websites.
There are even potential tax benefits and advantages to renting out your property, so it is essential to have discussions with a real estate broker like myself and an accountant to see how you can maximize profits along with your leisure.