What does $2.5 million in ski town real estate really look like?
It’s a lot of zeros, but what kind of home can $2,500,000 really buy you?
Will it buy you a sprawling estate with mountain views, or will it buy a respectable, yet smallish, condo in a busy ski town? The answer? It depends where you look.
We went house hunting in some of America’s most elite ski communities, take a look…you may be surprised how much (or how little) $2.5M gets you.
Jackson, Wyoming
Image Via: Prugh Real Estate
Situated on 6 acres surrounded by National Forest, sits a 5,821 square foot home listed at $2,650,000. Just 25 minutes south of Jackson, this 4 bedroom, 5 bath home has modern interiors designed by San Diego’s Jules Wilson, and 2,000 square feet of finished garage/studio space. L
Learn more about this property.
Telluride, Colorado
Image Via: Woodbridge Realty
This $2.5 million property in Telluride, Colorado is a two-story, 3,567 square foot, ranch-style cabin offering very rustic living with 4 bedrooms, 4 bathrooms and over 150 acres of rolling hills.
Aspen, Colorado
Image Via: Trulia
Four hours north of Telluride in the heart of Aspen, this townhome built downtown in 1965 and remodeled by Rowland & Broughton in 2006, offers 1,560 finished square feet. It features 3 bedrooms and 3 bathrooms, scenic views and modern upgrades for $2,600,000.
Sun Valley, Idaho
Image Via: Sun Valley Real Estate
This 4,370 square foot single family home in the heart of Sun Valley, Idaho includes 4 bedrooms, 5 baths and is listed at $2,595,000. Built in 1994, the home needs modern upgrades, but features numerous association amenities including a pool, tennis court and hot tub.
Conclusion
In the heart of Aspen, $2.5M doesn’t buy you a sprawling estate, but it does allow you to practically live at the base of a ski hill. Meanwhile, if you move north toward Jackson, you can land quite an expansive acreage for almost the same price. Proof that the size and quality of a property doesn’t dictate price, it’s all about the market.
