I feel it is important to explain some of the key reasons why I use the words “strategically located” to describe this luxury home in Colorado, located in Stagecoach, in order to better clarify why I feel this home is truly an investment opportunity of a lifetime.
An Outdoor Mountain Paradise
The home is located on 20 acres of land in the upscale, gated residential community of The Meadows in Stagecoach, which is located just 20 minutes south of the famous Steamboat Ski Area. The property directly borders the Routt National Forest which is an outdoor recreation paradise for adventure seekers, offering hiking, camping, horseback riding, boating and in the winter, cross country Nordic skiing, Ice fishing, snowmobiling, snowshoeing and dog sledding.
The property overlooks the Stagecoach Reservoir, which is fed by the Yampa river world renowned for it’s gold medal fly fishing, and the reservoir itself is home for record breaking lake trout, sockeye salmon and pike.
Potential Hidden Gem for Real Estate Development
One of the things that drew me to build this home is it’s close proximity to the Old Stagecoach Ski Mountain. In the early 1970’s a large development plan was put in place to build the Stagecoach Ski Area, located just a few short miles away on 2800 acres of prime ski real estate. It was intended to be a private ski resort, exclusive only to local home owners, slopes were created and lifts were built. The surrounding area was developed, a beautiful state park was created, and the Stagecoach reservoir was built. 2000 homes were planned including a golf course and retail property.
Unfortunately the developers of the project, the Woodmoor Corporation, filed for bankruptcy at the end of the 70’s and the resort was boarded up, as it remains today, however the area is currently up for sale and primed for a revival.
Similar private ski community projects in the area are currently being built, including the Mt. Holly Club in Utah, Battle Mountain in Minturn, CO and it is certain that it is only a matter of time as to when this land be purchased and begin development.