Real Estate At Frost Creek Made Available To Public

- 18 Homesites Are Available to Buyers Today

Aug 07, 2015, 18:45 ET from Frost Creek

EAGLE, Colo, Aug. 7, 2015 /PRNewswire/ -- Chad Brue and Dan Bennett, owners of Frost Creek, Colorado's mountain club located in Eagle, Colorado, announced today that 18 of the club's homesites are now available to the public for purchase. Homesites at Frost Creek maintain immense diversity and individuality throughout the community and range in price from $150,000-$650,000.

"We were deliberate in the first selection of homesites that we brought to market," said David Adkins, broker at Slifer Smith & Frampton Real Estate (SSFRE) and a member of the listing team for Frost Creek. "In many ways, this offering is our chance to make a great first impression with buyers and the real estate brokerage community. We want the market to see firsthand all that ownership of a home at Frost Creek has to offer. By offering homesites that vary in size, location on club property and price point, we're giving interested parties every opportunity to find the perfect place to build their mountain home at Frost Creek."

Since March, when Frost Creek was purchased and rebranded by the new ownership group of local and Denver-based investors led by Brue and Bennett, membership and real estate sales have received significant attention. The club, which never exceeded 32 members under previous ownership, now has 121 local, regional and national members and interest continues to grow.

Additionally, 15 homesites and all five of the existing, but unoccupied, homes have been purchased or reserved. Offered only to investors in the club, the 15 reserved homesites make up more than $4.7 million in reservations. Sales activity and reservations for the five homes account for more than $5.6 million. The combined total sales and reservations to date is $10.3 million.

"Our goal is to have a balanced inventory throughout the entire sales process," added Scot Webster, co-listing broker with Adkins at SSFRE and a longtime member of the club. "It's not uncommon to see the most expensive and least expensive sites purchased first in this type of project. Sales and reservations from members at Frost Creek have been in all price ranges, which shows that every segment of our real estate offering is desirable."

"It's great to see this club realizing its potential," Webster said. "I think Frost Creek is one of the most beautiful clubs in Colorado and possibly in the western United States. Time will tell, but under current ownership and with its location and natural splendor, I believe that Frost Creek will take its place in the upper echelon of North American clubs. Membership sales and the consumption of real estate by members prior to this public launch seem to indicate that the market thinks so, too."

Frost Creek is comprised of 2,655 acres including an 18-hole Tom Weiskopf-designed golf course, a 40,000 square-foot clubhouse with Olympic sized pool, tennis court and on-property fishing rights in Brush Creek. In addition, there are five member cottages and a working 1,533 acre ranch with Brush Creek water rights. The ranch is currently listed for sale by Mirr Ranch Group.

For more information about real estate at Frost Creek contact Scot Webster (970) 331.4932 or swebster@slifer.net or David Adkins (970) 331.1590 or dadkins@slifer.net of Slifer Smith & Frampton Real Estate.

For information about membership and club offerings at Frost Creek contact Kevin Denton, membership director at Frost Creek at (970) 306.9330 or kdenton@frostcreek.com.

 

SOURCE Frost Creek