ColoradoBiz Magazine
First new major Vail Village development in 10 Years
Altus Vail’s luxury residences offer unique and intimate condominium concept for single-family lifestyle with added amenities and mountain views
February 10, 2021
Altus Vail, a new 15-unit luxury residence development opening in summer, 2021, marks a significant milestone as the first new major construction in Vail Village in 10 years.
Its significance is particularly noteworthy both for its unique and intimate condominium concept that offers single-family home lifestyle, amenities, and views, as well as offering new inventory for both Vail Village and the Vail Valley. The region is faced with a scarcity of new homes as it comes off a record year with $3.5B year in real estate sales and historic lows in inventory.
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Top 10: The Denver region’s highest-priced home sales of 2020
Courtesy of Slate Real Estate Advisors)
While December isn’t officially in the books, 2020 has seen plenty of million-dollar home sales throughout this year’s real estate boom.
The top sale of the year coming in at $16 million was the 6,800-square-foot western-facing penthouse atop the 45-story Four Seasons. It was the highest-priced condo sale in Denver history.
Here are the top 10 Denver-area home sales in 2020, as of Dec. 23:
Listing agent: Stan Kniss with Slate Real Estate Advisors
Details: The nearly 6,800-square-foot unit, which spans two floors, sold for $3 million above asking price on Feb. 25. The penthouse has three bedrooms, five bathrooms, and an outdoor hot tub and fireplace. Amenities include access to a valet, housekeeping, two fitness centers, an outdoor pool and the hotel’s house phone to hotel staff that carry out every wish.