Bo Palazola of LIV Sotheby’s International Realty Represents Sellers in Summit County Property for $4.6 Million
Posted by Amanda Molitor — March 31, 2020
DENVER, CO – LIV Sotheby’s International Realty (LIV SIR) is proud to announce that one of its broker Bo Palazola represented the highest-priced home sale within Summit County thus far in 2020.
During the Month of February, the market yielded success for those looking to sell their mountain homes and for others hoping to find their perfect resort property. One of the most significant sales that occurred during the month of February was the sale of 33 Iron Mask Road. This incredible estate was listed by LIV SIR broker, Bo Palazola and sold for a notable $4,600,000. Mountain aesthetics meet modern amenities in this slope-side house. Set on nearly one-and-half acres, the interior of the home is accented with rich wood beams, carefully crafted stonework and oversized windows offering mountain views. There is plenty of room to make memories with family and friends in this five-bedroom chalet. What’s more, private gondola access is just one of the many perks this home offers, other amenities include a wine room, an in-ground spa, a bonus space and a home theater.
Summit County’s luxury real estate market, which is defined as homes priced at two million dollars or more, also saw some positive trends over the last twelve months. Total sales volume for luxury homes grew by eight percent from March of 2019 through February of 2020, compared to the same time period the year prior. The average sold price for homes within Summit County increased by an impressive 18% over the last twelve months, year-over-year. This drastic increase is likely due to a $10,100,000 sale in the area that influenced the overall average.
For more information or for assistance with any of your real estate needs, call 970.453.0550 or visit resorts.livsothebysrealty.com. To view the monthly reports produced by LIV Sotheby’s International Realty, visit coloradomarketreports.com.