Seven Springs Aerial Map.
Seven Springs Resort
Welcome to Seven Springs Mountain Resort, rated one of the best on the east coast by Ski Magazine. Search our BLOG for more updated news. In average, Seven Springs has over 450,000 skier visits, making it one of the most popular resorts in the country and one of the top on the east coast. Seven Springs is a total resort, with 500 acres of slopes with snowmaking, golf course, high-rise hotel, fishing, bowling, tennis, and airport. Homes on the resort include 1000 condos, town homes, and single family homes. There are also beautiful estates, chalets, and buildable lots in the local area. For an aerial view of the resort
What’s new for 2010
This year the sporting clays facility developed into two courses with 17 stations and one heated five-stand. There is a 7000 SF lodge and restaurant. This is the most upscale shooting facility in the area. The Trillium Spa has opened in May. A downhill bike terrain park has recently opened, and a kid’s challenge area is open with climbing tower, euro bungee ride, and Frisbee golf. Updating the hotel rooms and hotel lobby continue, the Goggle bar has been expanded, casual restaurant in the main lodge expanded, and continued upgrading throughout the resort. Should be a much more polished year at Seven Springs.
CURRENT MARKET CONDITIONS 2010
Current market conditions are buyers market, with inventory building and even prime ski in/out homes are on the market for over 90 days. We are still selling our listings at an average of 97% and above of listed price. With the Southwind project into phase three there is no new construction available. The new community behind the top of Stowe has been announced, but checking the County there are no recorded subdivisions so we think this project is a couple of years out. Resale inventory remains averaging about 90 current properties available, above average considering the national averages are about 15% or 150 per year for a resort like this. Last year there were about 39 transactions at this resort, excluding closed Southwind, which is way below past years of around 70. For a current market report of our team activities, listings, recent sales, and more local resort information go to our Property Update page or our BLOG.
RESEARCHING THIS MARKET AREA
Because Realtors from 3 different counties and MLS systems work in this area the only way to find out what is totally on the market is go to Realtor.com and search your price at zip code 15622. Be aware that many of these properties are rented on the weekend, so call first and don’t drive up unless you know the property can be shown.
SINGLE FAMILY HOMES
There are no lots left in the DeerRidge community that features exclusive single family homes. But, there are choice homes and chalets in the nearby area of Seven Springs that do come on the market. Click here Realtor.com, for more properties like this, and search by ZIP 15622. Remember, when you find something you like on the web, contact us to get to it on the ground. There are developments with home packages available within 3 miles of the resorts. To see Deer Ridge click the Deer Ridge Visual Tour.
SOUTHWIND
Southwind is the newest community being built at Seven Springs. This community of slightly over 100 homes is being built around Lake Tahoe near the top of the slopes. Offering ski in and ski out slope access, the average starting price for one of these homes is over $400K. All of the 52 units of Phase 1 are sold and all of the 54 units of Phase 2 are spoken for. We are now starting to see resales in this community. Resale properties in this community are going for $650K and above. Go to “View Our Listings” for properties for sale. Resales in this area offer an advantage to the buyer who wants to “get in” to this community without waiting for the 2 to 3 years for phase three to be built or the newly announced project behind Stowe slope to be started and completed. To see an aerial view taken fall 2006 CLICK HERE.
THE VILLAGES AT SEVEN SPRINGS
The Villages will be your choice if you want a home that lets you ski from your back deck. Consisting of several communities of town homes and condos, many are right at the top of the slopes, but not all. Resales, but no new construction is available in this area and these properties sell fast, especially with ski access. If you want a home in this area you should be prepared to decide quickly, as some prime homes list and sell fast. If you are new to this market area do your research for an aggressive approach. We recommend you also look carefully at the Hidden Valley Resort, as prices are about 70% for the same floor space as here. If ski out or living at the slopes is what you want, here is where you want to be. To view the communities click the highlighted link for StoneRidge, StoneGate, SunRidge, MeadowRidge, and WoodRidge.
MT. VILLAS AT SEVEN SPRINGS
The Mountain Villas, a community built on the edges of the Seven Springs Golf Course, is the first choice for summer and golfer visitors. This community was built in the 60′s and 70′s and offers 113 condos from 1 to 5 bedrooms. These properties are all condos and have shuttle service to the main lodge. If you are summer and golf oriented this is your best choice. The back of most of these homes abuts a forest and offers privacy and seclusion. You are a good 7 iron at best from the golf course, and prices are the lowest at this resort for this community. This area is the buyer’s best market. See this community.
SWISS MOUNTAIN AT SEVEN SPRINGS
Swiss Mountain, a community of 305 town homes and condos built in the 80′s, is a very beautiful community with lush landscaping and rhododendrons. The community has been completed for several years but resales are available. If you plan on living at this resort we suggest you consider this area. The landscaping is the best, you don’t get the slope side renters, and it is quieter than the Villages. If you plan on downsizing and living here, this is our first choice. To see this community click Swiss Mountain.
ASSOCIATIONS
As of the last meeting, all associations report they are in strong financial and management positions. Note that the association has been bought by Seven Springs. We are not part of the associations and cannot know their exact status. Contact the association for current status and assessments due.
