Gypsum Colorado is located at the western end of the Eagle River Valley and boasts of a warmer climate at lower altitude compared with other Vail Valley Real Estate opportunities. The town is about thirty miles from Vail and twenty from Beaver Creek.
There are two 18 hole golf courses, Gypsum Creek and Brightwater; in addition to several parks and ball fields; a rec center that has the best work out facilities in the entire valley; grade schools, the lower valley high school; and the Eagle County Regional Airport. Shopping includes a Costco, a local grocer and farm and ranch supply store. There are also several local restaurants in and around the area.
The Eagle River runs through Gypsum on its way to merge with the Colorado River downstream at Dotsero and the Colorado River Road. There is great fly fishing with access via the Gypsum Ponds and campground areas to the west. In addition, the Flattops Wilderness Area is located just to the northwest of Gypsum and is a fabulous recreational area for snowmobiling and getting out in the backcountry.
Real Estate in Gypsum was the hardest hit in the state during the 2009 local housing crash. Property values depreciated in some cases, over 70% and several property developments went into bankruptcy. However, where there is crisis, there is opportunity, and now homes in this area, as property values have stabilized, are some of the best values in Vail real estate market. And, you have some of the best sportsman and outdoor opportunities right out your front door.
Property opportunities include luxury golf course homes and town homes, moderately priced single family neighborhood homes, horse property and ranches as well as several commercial and light industrial real estate offerings located by the airport.
The first renewable energy commercial grade biomass facility is under construction in Gypsum, Colorado. When finished, the plant will use dead trees killed by the pine beetles to create electricity locally for nearly 10,000 homes. The project will create forty full time jobs in the area and will allow the treatment of thousands of acres of National Forest hit hardest by beetle kill. Gypsum will soon be known nation wide for pioneering this green endeavor and is the first of our mountain communities to diversify industry since the real estate crash.