Welcome to Summit County Colorado!
Summit County Colorado is a premier four season destination resort community and home to the Breckenridge, Keystone, and Copper Mountain ski areas. Lake Dillon, Green Mountain Reservoir, the Blue River and endless miles of hiking and biking trails also offer an abundant variety of spring, summer, and fall activities.
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Summit County Colorado
Summit County Colorado can be broken down into several distinct areas, each with its own character and advantages to potential buyers. The following is a simple map of and brief summary of the attributes of these areas:
Breckenridge is the first area that many people think of when considering the purchase of resort real estate in Summit County. In 2009, over 1/3rd of all Summit County real estate sales were in the Breckenridge area. Breckenridge is perhaps best known for its world class ski resort, but is also home to the Breckenridge Golf Club (a Jack Nicklaus designed golf course), the second largest conference facility in Summit County at Beaver Run Resort, over 20 historic museums, and the Breckenridge Riverwalk Center which offers a variety of cultural events during the summer. With all of these attractions and an authentic historic victorian mining town atmosphere, Breckenridge Colorado is a true fours seasons destination resort and therefore performs at the top of all Summit County in terms of investment property rental income.
Along with the Breckenridge Ski Resort, the Keystone Ski Resort was purchased by Vail Resorts Inc. in 1997. This has allowed individuals to purchase full season, daily and multi-day ski lift passes at any of the Vail Resorts operated ski areas that are valid for use at Keystone, Arapahoe Basin, Breckenridge, Vail and Beaver Creek. Keystone is also home to the Keystone Conference Center, the largest conference facility in Summit County. This, along with two golf courses (Keystone Ranch and The River Course) and summer activities at Keystone Lake and River Run, helps increase occupancy of rental income investment properties during the non-ski months. Another attractive feature of Keystone to many potential buyers is that about 80% of all rental properties in Keystone have the rental management and the Home Owner's Association management handled by the same company, Keystone Property Management. This allows for Keystone real estate ownership to be a convenient "hands-off" experience. Finally, Keystone is the only ski resort in Summit County which has night skiing.
Undoubtedly, the most compelling feature of Copper Mountain Resort is the ski area itself. Offering a wide variety of steeps, glades, bowls, and mogul runs, Copper Mountain is a favorite among skiers and snow boarders alike. Also, located right alongside I-70, Copper Mountain allows for the most convenient access of all the Summit County ski areas from Denver and the Front Range cities. The Copper Creek golf course, climbing wall, hiking, biking, spa, and music events also offer a variety of summer activities.
Dillon / Summit Cove
The Dillon and Summit Cove areas offer a diverse range of different property types:
- South of Rt. 6 are several condominium buildings along Lake Dillon, most of which are within a comfortable walking distance to the Dillon Marina, the Dillon Yacht Club, and the town of Dillon with retail, restaurant, bowling, and a movie theatre available.
- North of Rt. 6 are some of the least expensive homes and condos in all of Summit County and this area is popular with Summit County locals and those interested in purchasing real estate for the purpose of renting it out on a 6 month or annual lease basis.
- Summit Cove is located about 1/2 way between the town of Dillon and the Keystone Ski Resort and contains many different property types ranging from inexpensive condos to $1 Million+ homes. This area is popular among locals as well as second home owners.
Like Breckenridge, Frisco dates its founding back to the mining days of the 1880s and also like Breckenridge, many of the original buildings from this era are still in use along Main Street. This gives the town of Frisco a similar character and feel to that of Breckenridge. Frisco however, is centrally located within Summit County allowing for convenient access to all of the Summit County ski areas as well as Vail and Beaver Creek, Lake Dillon and Frisco Bay Marina, I-70 and all of the retail, restaurants, and other actives that the Summit County area has to offer.
Silverthorne / Wildernest
Silverthorne and Wildernest also have a diverse variety or real estate options. Silverthorne is perhaps best knows for its Factory Outlet shopping and the Raven Golf Club at Three Peaks. Most homes on and near the golf course are in the $1 Million+ price range. Wildernest is the area of Summit County that has the least expensive condos which also have fairly good rental income potential. Some listings that indicate a location of Silverthorne are in fact in Heeney which is a small lakeside community next to Green Mountain Reservoir which is about a 20 minute drive north of Silverthorne.
Park County - Leadville - Other
Although not located in Summit County, the Summit Association of Realtors® (SAR) Multiple Listing Service (MLS) includes listings in other areas as well:
- Park County is more rural than Summit County and is located south of Breckenridge on the other side of Hoosier Pass. The closest town in Park County to Breckenridge is Alma and the drive-time between Alma and Breckenridge is about 25 minutes on clear roads. The next closest town to Breckenridge in Park County is Fairplay and the drive-time between Fairplay and Breckenridge is about 40 minutes on clear roads. Beyond Fairplay are a number of towns along Rt. 9, US 285, and US 24, all of which are 1 hour+ drive time from Breckenridge.
- Leadville is another old mining town and is located in Lake County. Leadville is south of Vail on the other side of Tennessee Pass along US 24 and south of Copper Mountain on the other side of Fremont Pass along Rt. 91.
- Other : Being licensed by the State of Colorado, members of the Summit Association of Realtors® (SAR) Multiple Listing Service (MLS) are able list properties for sale anywhere in the state and are often members of multiple Realtor® associations. Although properties listed under "other" are most commonly located in Kremmling which is about a 40 minute drive north of Silverthorne, listings from Denver and everyplace else in Colorado are also often seen here.