The Casteel Creek estate near Edwards sold for $40 million in late 2022. The main pieces of that estate are set to be auctioned next month. Much of the estate’s 457 acres, including a 28,000-square-foot.
The 56-acre property, set to go under the hammer on March 7, has two homes and a vast entertainment complex with an ice cream parlor and a rock-climbing wall.
As the summer weather warms up, local real estate data shows that prices are rising slightly for Vail Valley homes. For residential properties at all price points, the average sold price increased 2% from $2,104,108.
The Vail Valley real estate market saw normalization in 2022 after record-breaking sales volume in 2020-2021. Throughout Eagle County, the average sale price of properties increased 10% from January to December 2022, although overall sales.