S
nowmass Base Village (SBV) is akin to beachfront property, with its finite inventory and direct access to slopes and base amenities making it a unique product in the Roaring Fork Valley. Once Stratos Residences, the final building, is completed next year, no more units will be developed, securing these properties as investments. SBV has created a new category of product, and demand has been extremely high.

    The grand finale for Snowmass Base Village will debut in early February when Stratos Residences officially go online with priority reservations starting January 30th. With units ranging from $2.85 million to $30 million, this building is expected to sell out quickly due to its one-of-a-kind nature. The final residential collection in SBV, Stratos is the culmination of years of inspired design and sustainable construction by East West Partners and its partnership with Aspen Skiing Co. and KSL Capital.

    I've witnessed the transformation of Snowmass into a world-class destination firsthand, having moved here in 2008 when Hayden Lodge and Treehouse were completed. The real estate crash in 2008 put plans on hold, but in 2016, SkiCo, KSL Partners, and East West saved the day by purchasing the Viceroy and other SBV projects. Since then, several successful projects have been completed, including The Limelight, One Snowmass, and The Collective.

    The success of SBV is evident in the numbers, with properties at The Cirque selling for 25-50% more than their original price. The crown jewel of Stratos Residences are its penthouses, or Sky Cabins, particularly the Sky Chalet at Stratos West, a six-bedroom, five-bath residence with a 1,630-square-foot terrace offered for $30 million. This one-of-a-kind property has direct elevator access and a private two-car garage, occupying the entire floor of the west building. It's a product unlike any other, making it art rather than just real estate.