Sales Strong at The Shores at Breckenridge
New Model Now Complete at New Riverfront Community.
- Boulder, CO (1888PressRelease) September 24, 2015 - Reflecting the robust health of the second home market, the first phase of new luxury homes at The Shores at Breckenridge is now 50% sold out. Located on a pristine, half-mile stretch of Colorado's Blue River, The Shores is a 10-acre resort community owned by Meriwether Companies in Boulder and San Diego-based Pathfinder Partners LLC.
The first phase of six homes, including a fully furnished model, started delivery in July 2015 and will be complete by October 2015. Three of the homes are sold and a fourth recently went under contract evidencing further sales momentum for The Shores. With interiors designed by River + Lime and architecture by Allen Guerra Architects, the paired homes included in the phase are the first of 40 residences with re-imagined designs in the riverfront community.
Among the homes' many features are open floor plans, vaulted ceilings, large windows that take advantage of views of the Rocky Mountains, the Blue River and hundreds of acres of protected open space adjacent to the property. Clean, transitional finishes include natural stone accents, oak flooring and knotty alder, shaker-style cabinetry. Each state-of-the-art kitchen is outfitted with slab granite countertops and premium Bosch® appliances including a French door refrigerator, gas cook top, built-in wall oven and microwave and dual-zone wine refrigerator.
Noah Hahn, managing partner of Meriwether, attributes the project's success to its unique riverfront location, as well as a pent-up demand for new construction in mountain resorts that offer year-round activities. "There has been little new home construction in the mountains over the past seven years. With renewed demand and shifting preferences towards clean, transitional and turn-key second homes, The Shores is ideally positioned to capture the market," he says. "Colorado mountain towns, renowned for their winters, are surging in popularity with summer vacationers, fly fishermen, hikers, bikers and nature enthusiasts as well - with growing consumer demand for year-round tourism."
Meriwether and Pathfinder acquired 20 lots - each entitled for two 2,500-square-foot duplexes for a total of 40 residences - and began construction in 2014. The second phase is now underway with deliveries scheduled for summer 2016. Once complete, the entire community will feature 56 paired homes with unprecedented access and proximity to the Blue River.
Homes at The Shores feature three or four bedrooms and 3½ baths - with expansive outdoor areas. Prices for the two remaining homes in the first phase range from $989,000 to $1,625,000.
The project is being marketed by Slifer Smith & Frampton Real Estate. For more information, visit www.shoresbreckenridge.com.
About Meriwether Companies
Meriwether Companies is a Boulder-based real estate investment and development firm focusing on luxury hospitality and residential projects in resort markets. Founded in 2010, Meriwether's partnership group is comprised of executives from highly regarded resort firms with over $2 billion of transactional experience as principals. Meriwether currently has ten projects and over $300 million in planned development in Lake Tahoe, Steamboat, Telluride, La Quinta, Rancho Mirage, Fredericksburg, TX and Costa Rica. For more information, visit www.meriwetherco.com or contact Noah Hahn at Nhahn ( @ ) meriwetherco dot com or 310-487-5335 dot
About Pathfinder Partners, LLC
Headquartered in San Diego, Pathfinder Partners was founded by Lorne Polger and Mitch Siegler in 2006 to make opportunistic investments in distressed and opportunistic real estate assets and value-add properties. In addition to seeking opportunities to add value by providing liquidity to selling financial institutions, liquidating funds and fatigued owners, Pathfinder also seeks to maximize value through property enhancements, improvements in operations and marketing, property repositioning and other strategies. For more information on Pathfinder and the firm's newest fund, Pathfinder Partners Opportunity Fund V, L.P., visit www.pathfinderfunds.com or contact Mitch Siegler at msiegler ( @ ) pathfinderfunds dot com or 858-875-4455 dot
About Slifer Smith & Frampton
As a leader in Colorado real estate, Slifer Smith & Frampton Real Estate (SSFRE) knows how to LIVE LOCAL and has helped others do so since 1962. With four Summit County offices and accounting for approximately 15 percent of total annual sales in Summit County, SSFRE knows what it means to be a thriving, local company. Whether you are looking to buy or sell in the resort or mountain real estate market, SSFRE is the go-to firm. SSFRE has formed partnerships and affiliations with Luxury Portfolio International and Leading Real Estate Companies of the World, boosting its global presences and solidifying its position as one of the most prestigious and knowledgeable real estate companies in the country. For more information visit summitgetaways.com or contact Jeff Moore at jmoore ( @ ) shoresbreckenridge dot com or 970-390-2269. |
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