A Timeless Legacy Sells for $19,000,000 in Vail’s Most Iconic Neighborhood

Why Colorado’s Real Estate Market Continues to Rise
August 16, 2019
Welcome Devon Richardson to the LIV Team
August 19, 2019

LIV Sotheby’s International Realty is very proud to announce the sale of 424 Forest Road in Vail, CO by real estate brokers Tye Stockton and Patrick Barrett. The firm assisted with both sides of the sale, Stockton representing the seller and Barrett representing the buyer. The magnificent home situated in Vail’s most iconic neighborhood closed at $19,000,000 on Monday, August 12th.

“424 Forest Road stands out as the most outstanding home in Vail, offering the only ski-in/ski-out dining chalet and warming hut. In the summer months, it boasts incredible outdoor spaces with gardens, patios and a truly extraordinary water feature. The Hawaiian Koa wood is a rare find in a home anywhere and sets the tone for this timeless legacy property,” said Stockton.

While the sale itself is notable, perhaps most significant is that the home went under contract within one week, last month. As reported by LIV Sotheby’s International Realty, Vail Valley’s luxury real estate market, defined as $3 million and above, typically show longer spans of time for a home to stay on the market, which is due to the resort market drawing in buyers often from out of state and spending time locating the right buyer. With that in mind, the fact that this sale happened in record-time of one week is a true testament to Stockton’s and Barrett’s marketing, hard work, and their ability to match buyers and sellers.

“The new owners have a long history in Vail and were seeking a legacy property for their family to enjoy for many years to come. It has been a dream come true for them, and I am honored to have been a part of it,” added Barrett.

The estate is described as a rare opportunity to establish a legacy in Vail, and especially in Vail’s most iconic neighborhood. 424 Forest Road is a true testament of luxury, delivering private ski-in/ski-out access, as well as being surrounded by the natural serenity of a Colorado mountain retreat.

Timeless finishes and magnificent attention to detail are extraordinary features not to be overlooked. The Bavarian-style exterior is currently boasting 3,500 square feet of perennial gardens and will transform into a winter wonderland later this year.

For more information visit 424forestroad.com. To discuss any future real estate transactions, contact The Stockton Group today. Tye Stockton can be reached at 970.471.2557 and Patrick Barrett can be reached at 970.470.0778.

The highest level of integrity, professionalism, and expertise in real estate awaits you. Call 970.476.7944 or visit Resorts.LIVSothebysRealty.com to discuss all of your real estate needs.

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