Archive for the 'Killington Resort news' Category

Eight properties sold in Killington during the month of November. A 3 bedroom/2 bath home on Anthony Way sold for $225,000 and the following seven condominiums also closed: A 1 bedroom/1 bath Mountain Green sold for $39,000; a 1 bedroom/loft/2 bath Highridge sold for $161,666; a 3 bedroom/2 bath town home at Hemlock Ridge sold for $150,000; a 3 bedroom/ 3 bath town home at Colony Club sold for $212,500; a 3 bedroom/3 bath condominium sold at Sunrise for $245,000; a 3 bedroom/3bath condominium sold at The Lodges  for $365,000; and a 3 bedroom/4bath town home sold at Topridge for $606,500. To view all of the properties currently listed for sale in Killington please visit Prestige Real Estate of Killington.

Killington Resort will open for skiing and riding on “Rime” at 10am to 4pm on Saturday, October 29, 2011.  Skiing will be for advanced skiers and snowboarders only and will be accessed via the K1 gondola and the North Ridge triple chair.  The “Peak Walkway” will be used to access the K1 gondola for downloading.  The Resort will be open for skiing and riding from 9am to 4pm on Sunday, October 30, 2011 and will reassess conditions toward the end of the day to determine if the mountain will be open during the week.  Enjoy… here we go!

Killington Resort is open for business.  The K-1 Express Gondola will be running from 10:00 a.m. to 5:00 p.m. weekends only through September 25th and then daily October 1st – 10th.  The Killington Golf Course and Pro Shop is open daily from 8:00 a.m. to 5:00 p.m. and will remain open through October 10th.  The Clubhouse Grill will be open Friday, Saturday and Sunday through the 10th of October as well.  Mountain biking operations have concluded for the season allowing the staff to prepare the mountain for the upcoming snow sports season.

The Killington elementary school will open tomorrow (9/6/11); postal service is back in operation; every gas station has gas; and, Killington hopes to welcome back visitors by October 1st!

 
Remote Homeowners Property Check
            Killington and Mendon officials and emergency management are requesting that remote and second homeowners postpone any immediate travel plans to the region while work on navigable routes in and out of town continues.
            To assist property owners who are out of the area, do not have a property management company, or have not been able to check on their property by any other means, the town is setting up a Remote Homeowners Property Check System. More information will be provided as plans are finalized.

In a press announcement, Killington Resort announced the plans for a new lodge at Killington peak.  “Removal of the existing building and the new replacement facility and related infrastructure is expected to cost nearly $7 million when completed and will consist of a multilevel restaurant and meeting space facility… The removal project is expected to occur this summer and the new facility constructed the following summer with anticipated completion date of Christmas 2012.”

All I can say is hip, hip, hooray!

On October 10, 2010 a meeting will be held at the Sherburne Elementary School for out of state property owners.  Guest speakers will include Chris Nyberg, President, Killington/Pico Resort, Rob Megnin, Director of Marketing, Killington/Pico Resort and Steve Selbo, President, SP Land. Registration begins at 9:30 a.m. and the meeting will start at 10:00 a.m.  The purpose of this meetig is to discuss the creation of a Killington/Pico Owners Association.

Only 35 condominiums sold in Killington in 2009 down almost 30% from 2008. At an average sale price of just over $207,000, a decrease of 17% since 2008, the total market revenue from Killington condo sales was $7 million, down more than 40% from the previous record low!

There was only one Killington land sale during the entire year compared with five in 2008.

The only bright spot in the whole picture is that the number of Killington home sales and the average sale price of Killington homes rose, but ever so slightly.  For all of the data on Killington real estate sales, read the latest Prestige Real Estate newsletter which provides a review of all of 2009.

Last night, I had the pleasure of attending the premier of “The News in Revue” at the Killington Grand Hotel.  I found this 70-minute musical production to be very well done and extremely entertaining.  Billed as ‘Saturday Night Live’ meets ‘Sixty Minutes’, the cast cleverly satired a broad range of current news personalities and events.  Where else in Vermont could you find Hillary & Bill Clinton, Sarah Palin, Marian Robinson, John Edwards, Mark Sanford, Bobby Jindal, and the Swine Flu all in the same place??

The facility proved to be very comfortable and appropriate for the show.  The production will be playing at the Killington Grand Ovations Restaurant nightly except Mondays, September 25th through October 10th.  Tickets are available with a three-course prix-fixe dinner for $49.95 per person or “show only” for $30 per person.  I strongly recommend that you check it out.

Tickets can be reserved by phoning 800-621-6867, online at www.newsinrevue.com, or in person at the Front Desk at the Killington Grand.

On May 13^th at 7:30 p.m. the Killington Planning Commission will discuss the Planned Unit Development (PUD) and Conceptual Master Plan Application for the ski village at the base of Killington Ski Resort.  Many believe, as do we at Prestige Real Estate of Killington, that this development with a mix of residential, commercial and skier/rider services is absolutely crucial to Killington’s future

The first phase of the village includes 157 condominium units, replacing Snowshed and Ramshead base lodges with a 75,800 square foot base lodge and the development of approximately 33,000 square feet of commercial space.  An additional 18 single family homes and 24 attached homes are planned for in the Rams Head Brook area.  

Planning Commission approval for this is required before SP Land (the developers) can move on to the state land use permit under Act 250.  SP Land has been developing these plans for over 2 years and is hopeful that the result of this meeting will enable them to take this next step. 

Prestige Real Estate of Killington urges the Planning Commission to approve these plans and facilitate the development of this village in all ways possible.