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MOUNTAIN REAL ESTATE
Discover Mountain Living With Your Local Team Of Experts
THE MOUNTAIN
REAL ESTATE TEAM
Discover how the Mountain Real Estate Team does things differently, and achieves amazing results for our clients time and again.
47
Years In Business
440+ Million
Gross Sales
1088
Clients Served
Top 0.05%
National Standing
PROUD TO BE
THE BEST OF SUMMIT
First place recipients of the 2023 'Best of Summit' award for Best Real Estate Agent/Team
+10.5%
Year Over Year Production
2.5
2023 Listing Days On Market Average
101.6%
2023 Sales Price to List Price Average
MEET OUR BROKERS
Kelli Bennett
Broker | License ID: FA40008935
Why do I call Summit County home? Simply put, it’s just an amazing place…from the breathtaking mountain ranges and beautiful rivers to the tiniest alpine flower, it’s no wonder so many people choose to vacation here— I am fortunate enough to call it home. Having moved here in 1993, I am still wide-eyed when taking in all the sights and experiences that Summit County has to offer; the abundant wildlife, Victorian architecture, locally owned shops and restaurants and, most of all, the friendly residents.
My Dad was in the military, and we traveled and moved frequently throughout my childhood. One of our moves brought us to a small Bavarian town nestled in the Alps, where I developed my deep passion for the exhilarating activities and lifestyle of the mountains. It’s no wonder that I fell in love with Breckenridge. Having originally come for the skiing, I, like so many, stayed for the summers. When not working, I’m usually outside, watching deer and fox trek through my yard, hiking with my dogs, working in my gardens, or out playing with friends and family on my boat.
During the slower season, I love to explore new places and learn about the people and culture. I think my travels, both as a child of the military, and today, have helped me relate to and communicate with clients from all walks of life, while helping them find their perfect Summit County property. By closely listening, learning and understanding their perspectives, I can narrow their search options to properties that match their wants and needs. Every property, every buyer and every transaction presents a new challenge, which keeps it fun and exciting for me.
I have been a full time Realtor® in Summit County since 1997, and year after year, have been in the top 1% of agents nationwide. I have also been voted best Realtor in Summit County several times. My passion for the area as a longtime resident, my extensive market knowledge and negotiating skills have served clients looking for permanent and/or vacation properties throughout the county. Whether you're considering a scenic Lake Dillon condo or a quiet Breckenridge log cabin, I will provide you with the highest level of service to ensure that your home buying experience is as transparent and easy as possible.
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OUR RECENT SALES
- 1/11 11
closed
$1,250,000
5.6%$1,180,000
1.07 Acres134 County Road 452, Breckenridge, CO 80424
Vacant Land
Listed by eXp Realty, LLC
- 1/50 50
closed
$800,000
3.1%$775,000
4 Beds4 Baths2,464 SqFt1371 County Road 6, Alma, CO 80420
Single Family Home
Listed by Re/Max Properties/69
- 1/36 36
closed
$765,000
3.9%$735,000
2 Beds2 Baths861 SqFt1001 Grandview DR #15, Breckenridge, CO 80424
Condo
Listed by Re/Max Properties/69
- 1/45 45
closed
$2,800,000
3.6%$2,700,000
5 Beds5 Baths5,382 SqFt161 Dyer TRL, Breckenridge, CO 80424
Single Family Home
Listed by Re/Max Properties/69
- 1/34 34
closed
$779,000
1.8%$765,000
1 Bed1 Bath737 SqFt465 Four Oclock RD #W1, Breckenridge, CO 80424
Condo
Listed by Re/Max Properties/69
- 1/49 49
closed
$1,195,000
7.9%$1,100,000
4 Beds3 Baths2,803 SqFt262 Kimmes LN, Breckenridge, CO 80424
Single Family Home
Listed by Real Estate of the Summit
- 1/50 50
closed
$2,595,000
3.7%$2,500,000
6 Beds7 Baths6,162 SqFt58636 Highway 9, Alma, CO 80440
Single Family Home
Listed by Re/Max Properties/69
- 1/5 5
closed
$115,000
$115,000
3.12 Acres332 Goldfinch PL, A L M A, CO 80420
Vacant Land
Listed by Re/Max Properties/69
- 1/32 32
closed
$715,000
$715,000
2 Beds2 Baths1,017 SqFt112 E La Bonte ST #108, D I L L O N, CO 80435
Condo
Listed by Re/Max Properties/69
TESTIMONIALS
“…their extensive experience in Summit County, knowledge of local rules and regulations, and connections in the community have been of great benefit in all of our transactions. We would obviously use the team again and highly recommend them…”
DISCOVER OUR COMMUNITIES
THE MOUNTAIN REAL ESTATE & LIFESTYLE BLOG
New Construction vs. Resale Home Costs
One of the most interesting, niche market trends in the Summit Area over the last few years is the growing price gap between new construction and resale properties. Of course, newly built homes have always been popular for reasons that are not hard to guess - they feature current design trends, incorporate the latest tech, and feel pristine. But the question today is, will the cost of new construction ever not be worth it? While the price gap between new and resale is anecdotally apparent throughout the Summit Area - for example, new construction condos marketwide are selling for an average price 27% higher than resale condos - we’ll focus on two segments of the market with enough sales data for us to draw conclusions - single family home sales in Silverthorne and in Breckenridge. For purposes of this exercise, ‘new construction’ consists of homes built in the last five years. You can see that new construction and resale homes have followed the same sales price and sales volume patterns, but the difference in sales price is staggering. In Silverthorne last year, new construction cost on average 39% more than resale homes. This year, that number has jumped to 56%! That’s over a million dollar sales price gap. The number of new construction homes available for sale in Silverthorne this year has dropped significantly, therefore the number of new build home sales has followed suit. This drop in available inventory is surely behind this surge in value; indicating the demand in Silverthorne for new construction is as strong as ever. Year to date, resale single family home prices in Breckenridge are outperforming last years’ numbers by 20%. Meanwhile, new construction sales prices over the same period of time are 49% higher. The average value of a new construction home is a whopping 59% more than the average value of a home built prior to 2019. As noted in the graph, the percent difference in sales price between new and old homes in Breckenridge has been in the double digits since 2020. While the gap hasn’t quite grown exponentially in this sample, a price difference of this size is a serious consideration. To me, it begs the question - well, how much does a remodel cost? Conventional wisdom states that the ROI on buying a resale home and remodeling it yourself is not worth it, and in many conventional markets this is true. But after seeing the data we’re discussing here, I knew a deeper dive was called for. Today’s Homeowner created a fantastic, interactive graphic on home renovation returns in different markets around the country. Colorado as a whole significantly outpaces most of the country. If you break down the Silverthorne market in comparison to the metropolitan Front Range, most projects continue to outpace the national average even further. Unfortunately, Danny Lipford doesn’t include Breckenridge or other Colorado ski towns in his study. I think if he had, it could have skewed the whole conclusion. Again, new construction costs on average $1.55M more than resale homes in Breck. So does the average remodel cost $1.55M or more? Probably not. Honest estimations of remodel costs in high-end Colorado markets recommend budgeting $350/sq ft for a gut renovation. So let’s look at a luxury Breckenridge market example. 161 Dyer Trail is a 5382 sq ft home situated in one of Breckenridge’s most sought-after neighborhoods - The Highlands. This home is structurally sound with ski area views and a great lot, but aesthetically stuck in the ‘90s. It’s listed at $2,950,000, or $578/sq ft. Its new construction comparisons that have sold over the past year have an average price/sq ft of $1,105/sq ft. These new construction comparisons are stunners, to be sure, but they’re also further away from downtown Breckenridge and the ski resort, with north facing views. The new construction home for sale on the same street as our subject property - Dyer Trail - is listed for $6,250,000, or $1,315/sq ft. When you do the math, the conservative, high-end estimated cost of renovating this house puts the finished price per sq ft at $928. That’s a high number, but it’s still $177-$387 less than the newly built comps. That’s a $950k-$2m sales price difference. So let’s get back to our starting question. Will the cost of new construction ever not be worth it? In ‘suburban’ mountain towns such as Silverthorne, it’s hard to say. I think in markets like these it will remain a case-by-case basis. In resort towns like Breckenridge, from an ROI standpoint, I think it already isn’t. That’s a bold thing to say! But as the average sales gap between new and old continues, I believe those with the time, resources, and/or inspiration to take on a refurbishment can come out further ahead in the long run.
Read moreJuly 4th In The Colorado Mountains: Celebrating Independence Day In The Summit Area
Between the beautiful wildflowers, balmy temperatures, and endless lineup of fun events and festivities, there's no better place to be for the Fourth of July than the mountains! Wondering what to do? With a calendar jam-packed with Independence Day activities and celebrations, the Summit Area is sure to have something for everyone this holiday weekend. Whether you're looking for parades, fireworks, concerts, or local flavor, you'll find something to get excited about below. Breckenridge July 4th Events: Historic Breckenridge goes all out for the Fourth, with a wonderful mix of patriotic events and athletic pursuits. Cheer on professional and amateur racers alike as they race to the finishline of the famous Firecracker 50, kicking off the biggest parade of the summer; honor the nation and its history with readings of the Declaration of Independence and a patriotic concert at the Riverwalk Center; or immerse yourself in the arts with a street festival and BreckCreate Arts District events all weekend long. July 4: Breckenridge Independence Day 10k Trail Run July 4: Firecracker 50 MTB Race July 4: Breckenridge Independence Day Parade July 4: National Repertory Orchestra Fourth of July Spectacular July 4-6: The 41st Annual Breckenridge Summer Arts Festival Copper Mountain July 4th Events: Get ready for an action-packed long weekend at Copper featuring free live music with headliners Donovan Frankenreiter and Grace Potter, the Colorado mountain bike championship, and a rail jam for all those already longing for the snow. July 4 - 6: Red, White, Brews, and Tunes Free Concert Series July 5: Woodward Summer Rail Jam July 6-7: The Colorado MTB Championship Frisco July 4th Events: Celebrate the small-town way in Frisco this weekend with a parade, a free concert with the North Mississippi Allstars, and a family-friendly day of local history and learning. July is a great time to get out on the water, so consider spending a time at the Frisco Marina for boating, paddling, fishing, or soaking up the sun at the new Frisco beach. July 4: Frisco Fourth of July Parade & Street Party July 4: Free Show with The North Mississippi Allstars July 6: Frisco History Day Silverthorne & Dillon July 4th Events: Enjoy a quieter side of Summit County this weekend with more live music, local art, and the biggest farmers market in the county. July 4: Silverthorne Fourth of July Concert & Block Party July 4: The US Air Force Academy Band at The Dillon Ampitheater July 5: Silverthorne First Friday Art Market & Live Music July 5: The Dillon Farmers Market Keystone & Arapahoe Basin July 4th Events: Take in live music at some of the most scenic concert venues around. Try a gondola ride or a wildflower hike, and learn to love some of your favorite ski resorts without the snow! July 5: The Hazel Miller Band Live at A-Basin July 5: The New Arkansans Live In Keystone July 6: The Keystone Summer Comedy Kickoff Fairplay & Alma July 4th Events If your Fourth of July isn't complete without fireworks, then head to South Park, Colorado this holiday. Take in Independence Day with a distictly western flair in Fairplay, and join the town of Alma in celebrating the inaugural year of the South Park Bluegrass Festival. July 4: Fairplay Independence Day Parade & Free Concert July 4: Fairplay Fireworks Display July 6: South Park Bluegrass Festival Leadville July 4th Events Another opportunity for fireworks awaits in Leadville. If you've never checked out this incredible mountain town surrounded by Colorado's highest peaks, then there's no better time than this weekend. At it's height, Leadville was one of the wealthiest cities in the world. History buffs will appreciate Leadville's incredibly colorful past, and outdoor enthusiasts will be blown away by the countless recreation opportunities. July 4: Leadville Parade & Fireworks Display July 4: Annual 4th of July Airport Cookout July 5-7: The National Mining Hall of Fame & Museum *Please note that any fireworks that leave the ground are illegal in the State of Colorado, and fireworks of any kind (including sparklers, smoke balls, or fountains) are strictly prohibited on National Forest land. Wildfire is an extremely serious threat in the Rocky Mountain West, and visitors should know that firework regulations are strictly enforced. Don't risk a hefty ticket or endanger our beautiful towns this holiday!
Read moreNellie's Neighborhood: Proud To Announce Our Latest Development
We are thrilled to announce in partnership with Summit County the public release of our latest project, Nellie's Neighborhood! Nellie's Neighborhood is Summit County's first small home community, with 15 deed-restricted single-family homes. Unit prices will range from the $270's to the $490's, and each home will be sold to a member of our local Summit County workforce. When we submitted our sales team proposal for the development, it was an exciting moment of reflection to see how far we've come as a team. As thirty-something-year-old locals, we love helping our peers and neighbors find a path to homeownership. We have been a part of the local workforce for a combined 58 years, and have firsthand knowledge of the housing needs and challenges our region faces. To be at a point in our careers where we can confidently devote our time, expertise, and professional abilities to building a lasting, positive impact on our hometown is something I'm immensely proud of. It is our hope to not just support our Summit community today, but to be a part of shaping an equitable, sustainable, and thriving Summit County for our next generations! It's been a fascinating experience so far learning more about how Summit County's Housing Department is tackling the community's housing needs, and what it takes to fund, build, and sell a workforce housing developement. We're looking forward to sharing more behind-the-scenes details as this story continues. Read on to learn more about the Nellie's Neighborhood development! More About The Project The County is developing the property with a total of 14 detached single family dwelling units, using accessory dwelling unit (ADU) stock plan designs prepared by Design Path Studios, and constructed by Summit Homes Construction. The ADU stock plan concepts are a mix of approximately 500 sq. ft. one-bedroom and 1,000 sq. ft. two-bedroom homes. The 15th home in the development will be an existing cabin that sits on the property, which will be fully rennovated prior to its sale. The development will provide smaller, more affordable homeownership opportunities for the local workforce, with building character and scale that blends into the surrounding neighborhood. Every new construction unit will be DOE Zero Energy Ready certified, with an impressive list of green energy features. Learn More About Summit Homes Construction Here Lean More About Design Path Studios Here Nellie's Neighborhood is located in unincorporated Summit County, convenienty located off of Miner's Creek Road. Centrally located in Summit County with easy access to Hwy 9, and only 0.5 miles from Frisco Main Street, the neighborhood will provide excellent walkability, bikeability, and access to public transportation routes throughout the County. Each property will be sold via lottery, which will be administered by the Summit Combined Housing Authority. The application window for the lottery is June 10th - July 1. Applicants must work 30+ hours per week in Summit County and meet County-determined income requirements to be considered. To be entered into the lottery, applicants must have their application completed by July 1. Nellie's Neighborhood also serves as “proof of concept” for property owners throughout Summit County who are potentially interested in using ADU stock plans to build an ADU on their own property. After commissioning the plans from Design Path Studio, Summit County is offering all four permit-ready, pre-approved plans to Summit County homeowners free of charge. The hope is to save residents the time and cost of working with an architect to design an ADU property. The stock plans are part of a multi-pronged approach by the county to make it easier for residents to develop ADUs, which are required to have deed restrictions aimed at housing longterm, working or retired county residents. Development of affordable workforce housing has been identified as one of the County’s greatest needs, and the Bill’s Ranch property is a key opportunity to address this challenge. The 2023 Summit County Housing Needs Assessment identified a need for up to 1,865 affordable workforce housing for-sale units Countywide by 2028. Nellie's Neighborhood cannot solve all of the identified housing needs, but the County’s goal is to maximize the number of homes on the property while creating a livable neighborhood that is compatible with its surroundings. Estimated Project Timeline May 2024: Site work and construction began June 2024: Lottery applications July 17th 2024: SCHA lottery selection October 2024: First home sales completed May 2025: Final home sales completed The Single Stack Unit Type The Double Stack Unit Type The Coop Unit Type The Shed Unit Type
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