Steamboat Springs Real Estate Market Activity Surges

News Summary

Steamboat Springs recorded a significant week for real estate, totaling approximately $22.8 million in 16 transactions. High-value sales included luxurious homes and townhomes, illustrating a robust demand in the market. Notable transactions featured properties like 1511 Harwig Circle and 1280 Clubhouse Drive, both fetching impressive prices that reflect increased interest in upscale residences. The report showcases ongoing investment and confidence in the local real estate sector, driven by a diverse range of property types from luxurious homes to resort condominiums.

Steamboat Springs Sees Over $22.8 Million in Real Estate Transactions in One Week

Steamboat Springs, Colorado — The local real estate market experienced significant activity during the week of July 17 to July 23, 2025, with total transactions reaching approximately $22.8 million across 16 property sales. This brisk pace highlights ongoing interest in both residential and land investments within the area.

Major Property Sales and Values

The most notable sales ranged from single-family homes to townhomes and land parcels, with price points varying from under $100,000 to over $3.8 million. The week was marked by several sizable transactions that underscore the continued demand for high-end properties and land, as well as more affordable housing options.

High-Value Residences and Townhomes

One of the most substantial sales was at 1280 Clubhouse Drive, where a 3,560-square-foot single-family home sold for $3,850,000 on July 18. The property features three bedrooms and three and a half bathrooms and previously sold in 2020 for $1,790,000, indicating a notable appreciation.

Another significant transaction was on 1511 Harwig Circle, where Mara Rhodes sold the property to Alpenglow Mountain Holdings LLC for $3.2 million. The residence encompasses 2,800 square feet, with four bedrooms and three and a half bathrooms, on a 0.33-acre lot. This sale marked a substantial increase from its previous sale in 2014, when it was purchased for only $225,000.

Additional high-end home sales include the property at 2300 Mount Werner Circle, which sold for $110,000. It pertains to an interest in units of the Steamboat Grand Resort Hotel Condominium, reflecting continued interest in resort-related properties among investors and buyers.

Townhomes and Residences

Significant townhome sales include:

• 620 Parkview Drive: A 1,795-square-foot, three-bedroom, two and a half bath townhome that sold for $1.16 million, an increase from its prior sale of $900,000 in 2022.
• 31575 Runaway Place: A 1,928-square-foot, four-bedroom, three-bath townhome sold for $1.35 million, topping its 2006 sale price of $558,000.
• 283 Locust Court: A 4,047-square-foot, four-bedroom, four and a half bath townhome traded hands for $2.3 million, with its previous sale in 2018 at $1.15 million.

Land and Commercial Property Sales

Land sales also played a role in this week’s market activity, notably:

• 26650 Aspen Court, Clark: Agricultural land sold for $258,000.
• 27050 Beaver Canyon Drive, Clark: A 5.51-acre parcel of vacant land changed hands for $200,000, up from $137,500 in 2018.

Other Noteworthy Transactions

Additional residential transactions include:

• 3432 Flagstone Court: A townhome of 1,414 square feet selling for $1.075 million.
• 2743 Timber Court: Sold for $1.65 million, representing a gain from its previous sale of $680,000 in 2019.
• 464 8th Street: A residential property at 1,430 square feet was sold for $1.425 million, significantly higher than the $525,800 sale in 2017.
• 281 Locust Court: A large townhome of over 4,000 square feet sold for $2.3 million, more than double its 2018 sale price of $1.15 million.

Market Overview and Trends

Overall, the week’s real estate activity in Steamboat Springs reflects a robust market, with several properties experiencing substantial appreciation over previous sales. The high volume of high-value transactions, especially in the luxury home and land segments, points to sustained demand from both local buyers and investors.

The diversity in property types—from condominiums and townhomes to large land parcels—demonstrates broad interest across different market segments. The increasing sale prices, particularly for properties bought within the past five years, suggest strong investor confidence and a thriving real estate environment.

While some properties have experienced more than double their previous sale prices, steady growth and high-valued transactions continue to define Steamboat Springs’ dynamic real estate market during this period.

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HERE Resources

Additional Resources

• Steamboat Pilot: Real Estate Transactions July 17-23
• Wikipedia: Steamboat Springs
• Steamboat Magazine: Balancing Act – Steamboat’s Real Estate Market
• Google Search: Steamboat Springs real estate
• Steamboat Pilot: Highest Price Home Sale in City History
• Google Scholar: Colorado real estate
• Steamboat Magazine: The Cost of Living and Housing Market
• Encyclopedia Britannica: Real Estate