Breckenridge made history in the last week of 2009 with the most expensive home sale in Summit County history. A residence in Timber Trail subdivision, near the base of Peak 8 at Breckenridge Ski Resort, sold for $8.285 million dollars on December 30th. The listing broker for the property was Andy Clapp of Breckenridge Associates Real Estate. The buyer’s agent was Mary Brooks of RE/MAX Properties of the Summit in Breckenridge.
The location was probably the key thing for this property, as it is one of only three lots located directly on Trygve’s ski run, which leads straight to the base of Peak 8. According to Breckenridge Associates Real Estate, the 6,565 square foot residence includes seven bedrooms, nine bathrooms, four fireplaces, a three-car garage, and three laundry rooms. The home boasts top of the line finishes including stained glass, Smarthome automation features, wide-plank Norwegian Elm flooring, and custom iron work. The property also has a 2,000 sq. ft. heated patio with a view of Breckenridge’s Horseshoe Bowl.
Overall, local $2 million-and-up home transactions were up in 2009, with 23 sales in 2009 compared to 21 in 2008. When asked to comment on luxury home sales in 2009, Dan Corwin of Breckenridge Associates said, “Some of these (2009) properties either have dropped their price considerably from the original list price, or they priced it right to begin with. There were a few homes that sold for as much as 65-70% of their original asking price and many sold for 88-90% of the asking price. Then there were some that sold very close if not even higher than the asking price.”
According to the Summit County Assessor’s Office, the $8.285 million record-breaking home was sold by Patrick Roth to Ty A. and Kimbery C. Pennington. The previous record-holder, located in the same neighborhood in Breck, sold in July 2008 for about $2.7 million less.