steve's White Mountain Blog

head_left_image

Slope side at Loon mt - February Real Estate update.

As a real estate professional for the past 30 years, I don't know how many times I have heard buyers say they are waiting for a better deal. Or these prices are going to come down some-more...how about we haven't hit bottom yet? Well - Location Trumps general market conditions...always and always will. The South Peak Resort on Loon Mountain is a prime example, this location is the only true Ski-in / Ski-out section offering new homes, vacant home sites and modern riverfront and slope side condos in New Hampshire.

 

SOLD: Trail side home site Listed at $435,000 - Closed at $400,000 - January 2014. Phase one home sites (64 closed sales in 2006-07) averaged $450,000...so yes there has been some minor discounting - but not - the half price deals some people "wait" for.

 

PENDING: One of the Smaller homes, on a smalled lot, further from a ski back trail - means the new owner will have to walk a few hundred feet from a ski trail to get home at days end...but this $800,000 home went under contract in less than a month. Not "Desperate".

 

LISTED: The South Peak Slope side Condos, range from 1,200 Square feet upto 2,000 square feet and offer 3 & 4 bedroom plans, all offer a one car garage, Gas heat, centeral A/C, Granite counter tops...and access to the river and a outdoor hot tub 380K - 500K.

 

Listed: Land with access from the Boom Run Trail on South Mountain...Home sites range from a little more than a Third of an acre to a full acre site, some have better trail access, better views or easier sites to build on. But they all have Water /sewer, underground utilities and access to the owners private trails, private lift and river walk trail. 200-500K.

 

Listed: Single Family home - 4,000 square feet, ski back trail across the street, 2 car garage, 5-6 bedrooms, 2 fireplaces, Game room, Granite counters, Cherry Cabinets, Gas hear , A/C, direct access to the river trail and near by swimming spot...asking 1.3 M.

___________________________________________________________________

So far so Good! - But what is next? New Lifts, additional trails and a ski school learning center are all in the works for the continued expansion of Loon's South Mountain slopes.

____________________________________________________________________

 

__________________________________________________________________

The reality is the best opportunities are the ones listed right now (as re-sales) the developer will offer new sites as the expansion gets under way, but these resales are going to look like a bargain in a few years...Waiting for the bottom? Ride the lift to the top and ski down...you are now at the bottom...and it doesn't get better than that.

__________________________________________________________________

  

  

   

Don't worry about being alone at South Peak..half the sites have custom homes built on them. The Above are just six of the homes My Parent Company designed and built. If you want a ski to your door location two hours from Boston...give me a call.

Steve Loynd profile photo           Steve Loynd, Alpine Lakes Real Estate Inc., Loon Mt, NH.: Real Estate Brokerage in Lincoln, NH " target="_blank"> 

                                                                                                                                                                              Your-White Mountain New Hampshire real Estate Expert

                    steve@alpinelakes.com toll free 800-926-5653 /cell 603-381-7898

                        MLS search and Realtor web site: www.alpinelakes.com

                         My outside Blog: www.steveswhitemountainblog.com

                    Lincoln NH &  Local interest site: www.localism.com/nh/lincoln

    Grafton County NH MLS search

5 commentsSteve Loynd • February 13 2014 07:33AM
Slope side at Loon mt - February Real Estate update.
share
As a real estate professional for the past 30 years, I don't know how many times I have heard buyers say they are waiting for a better deal. Or these prices are going to come down some-more… how about we haven't hit bottom yet? Well - Location… more
South Peak Sales at Loon Mountain NH
share
The numbers say it all, and It should be obvious to anyone that the real estate market is showing signs of recovery… well you may be thinking thank you Captain obvious! But think again second home sales are the first to slow and the last to recover… more
Loon Mt NH property deals and steals June 2013
share
Loon Mountain NH –Property-Deals and Steals-JUNE 2013. Summer is coming and places that didn’t get a bite are faced with a new price strategy…This Weeks Best Deal : Clearbrook listed and listless for $249, 900…… more
Off season buys offer great options at Loon Mountain ski area NH.
share
Spring is a great time to purchase a ski home at Loon Mountain in Lincoln New Hampshire. See more places, make better offers and have time to customize the place before you intend to move in it’s like shopping for a convertible in the… more
U. S. White Mountain NH Forest land Abutting home near Mirror Lake
share
U. S. White Mountain NH Forest land Abutting home near Mirror Lake… Looking for New Construction off the beaten path, Access to a lake and directly abutting national forest land… with wild life and acreage? I know those are silly questions… who… more
Loon Mountain slope side and Riverfront condo - less than 6 years old
share
Riverside Terrace, Lincoln N. H., Slope side and riverfront location, at Loon Mountain ski area. Riverside Terrace on Loon Mountain's south peak slopes… ski to with in 100 yards to your door, view the river from your living room and master bedroom… more
South Peak at Loon mountain NH - update, expansion & development news
share
In an open letter to all the homeowners at south peak, the new developer made mention of the simple due diligence routine in filing the paperwork to create an owners association comprised of five board members – two of which would be… more
Property inventory melts like Snow in the Mountains of New Hampshire
share
It’s Presidents’ Day once again, and in the White Mountains that means skiing. It also usually means the end of snow making and the beginning of profit taking in the ski resort industry. School vacation weeks bring much needed revenue… more
Village of Loon, Clearbrook and Coolidge Fall resort report Lincoln NH
share
Loon Mountain Lincoln New Hampshire. Resorts: Village of Loon, Clearbrook & Coolidge Falls. While these three location vary in price and size considerably they have one thing in common…they share a recreation center. The… more
Loon Mountain Resort update, Forest Ridge development
share
Loon Mtn- Resort Report – Forest Ridge properties Forest ridge is a well known resort, it was build in several phases and there for offers a fair amount of variety in real estate choices. Garden Style; The Garden style units… more