Market Watch | Legacy Home Giftinglivxmin
Legacy Home Gifting is a growing trend in today’s luxury housing market and something Fuller Sotheby’s International Realty has been keeping a close eye on for the past several years. The act of “Legacy Gifting” is when a buyer makes a real estate investment with the intention of leaving it as a legacy for generations to come, such as purchasing a ski property in Beaver Creek, Colorado with the sole purpose of benefitting the entire family. Sotheby’s International Realty CEO Phillip White, expands on this concept in the clip below.
All-inclusive retreats that offer an abundance of recreational activities such as golfing, skiing, horseback riding, hiking, and fishing top most buyer’s wish lists, in addition to shopping, fine dining, and the arts. Attaining a lifestyle, whether historic, waterfront, or ski oriented, is at the core of what makes legacy gifting so appealing. Pricing for legacy properties can range from top of the market at $125 million to as low as $5 million, and span a variety of lifestyles like a waterfront villa in Lake Tahoe, to a ski-in/ski-out retreat in Colorado’s Vail Valley. Below we highlight a few stunning examples.
SKI LIFESTYLE | 103 Borders Road in Beaver Creek, Colorado pictured above is listed at $11,250,000, and represents the quintessential Rocky Mountain legacy property. Privately nestled just minutes from the glimmering lights of Vail Village, amidst a forrest of Colorado blue spruce and pine, this ski-in/ski-out luxury home offers the best of both ski and golf lifestyles. Vail’s culinary arts and music festivals are also a huge draw.
WATERFRONT | The spectacular show place located at 1150 #1 Highway 50 in Lake Tahoe, Nevada is listed at $6,750,000 and provides the ultimate waterfront lifestyle with water skiing, and boating right outside your door. From the first step off the elevator into the beautifully designed courtyard you are entranced by panoramic lake views. Lush gardens and free flowing water features, in addition to a prime location in Glenbrook, make this home a highly desirable and timeless legacy property.
FARM & RANCH | A home’s prestige as well as its income potential are leading factors cash buyers take into consideration in their search for a legacy property. 4 Rockin’ G Ranch in Boulder, Colorado is arguably one of the most versatile legacy properties on the market today, listed at $16,900,000. The ranch represents idyllic family living on pristine Colorado acreage with horse facilities in Boulder County – a dream home for the equestrian enthusiast. Behind its private gated entry lies a premium working ranch, and custom crafted French-country estate complete with home-theatre, spa-quality amenities, salt water swimming pool, croquet court, volleyball court, equestrian riding trails, five adjudicated ponds, and more. Convenient access to nearby ski resorts, hiking, fishing, and mountain biking, and a 7 minute trip to the neighboring private airport make this location unbeatable. Did we mention the ranch is nestled in the foodiest, healthiest, most outdoors oriented town in America? For more on this listing watch the exclusive property video now.
Interested in any of the legacy properties shown here? Call 303.893.3200 or search more homes like these at www.fullersothebysrealty.com.