$1,850,000
714 Lionshead Place, 587/589
Vail, CO 81657
MLS# 1002908
Status: Closed
2 beds  |  2 baths  |  1036 sqft
714 Lionshead Place, 587/589, Vail, CO 81657
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Property Description
Rare opportunity to own a private residence in the Vail Marriott which is located in the heart of Lionshead. Exceptional ski slope views from two large balconies and just a short walk to the Eagle Bahn Gondola, restaurants and shopping. Ownership includes luxury hotel amenities including spa, fitness center, on-site restaurants, conference rooms, ballroom, year-round outdoor pool, room service, ski valet, ski shop and much more. Unassigned underground parking included for owner for one vehicle. Flexible floor plan for rentals with option to rent as a 2-bedroom condominium or a 1-bedroom condominium/lock-off hotel room with two double beds. HOA dues include most expenses for ease of ownership. The hotel is currently undergoing renovations to rebrand to a Marriott Luxury Collection property. This property will need to be renovated to reflect new condominium finish standards in order to stay in the hotel's rental program. Property could also be rented ''as is'' in its current condition using VRBO/AirBnB or an outside property management company.

Details
Documents
Location Info
Area: Lionshead
Property Subtype: Condominium
Street #: 714
Street Name: Lionshead
Street Suffix: Place
Unit #: 587/589
County: Eagle
State/Province: CO
Zip Code: 81657
Keywords Info
Bedrooms: 2
Total Baths: 2
3/4 Baths: 2
Year Built: 1974
Lot Size Acres: 0.02
Lot Size Square Feet: 697
Lot Size Source: County/Gov't
Finished Square Feet: 1036
Total SqFt: 1036
Sq Ft Source: County/Gov't
Association YN: Yes
Listing Info
Listing Price: 1850000
List Price/SqFt: 1785.71
Current Price: $1,750,000
Status: Closed
Listing Date: 2021-05-24
Buyer Broker Commission: 2.5
Buyer Broker Commission Type: %
Transaction Broker Commission: 2.5
Transaction Broker Commission Type: %
Deed Restrictions: No
Short Term Rentals Permitted: Yes
Rental Agreement: Yes
General Info
Legal Parcel: Yes
Construction Status: Complete
Parcel Number: 210107205008
Schedule Number: R007391
Zoning Code: Multi Family
Stories: 7
# Of Levels in Unit: 1
Entry Location: 5
Entry Level: 5
Furnished: Furnished
Garage: Yes
# of Parking Spaces: 1
Lockoff: Yes
Right of Refusal: Yes
Refusal Day #: 20
Ground Lease: No
Agent/Office Info
Other Comm Rate: No
Financing Info
Current Tax Amount: 4587
Current Tax Year: 2020
Transfer Tax %: 1
Status Change Info
Status Change Date: 2021-08-18
Under Contract Date: 2021-06-19
Sold Date: 2021-08-18
Sold Price: $1,750,000
Sold Price/SqFt: 1689.19
Original List Price: 1850000
Seller Concessions: No
Association/HOA Fees
Association/HOA Fee: 1068.77
Association/HOA Fee Frequency: Monthly
Property Features
Additional Rooms: None
Documents: Association Documents
Geological Info: None Known
Utilities Available: Cable Available; Electricity Available; Natural Gas Available; Sewer Available; Water Available
Water Source: Public
Sewer: Sewer Connected
Appliances Included: Built-In Electric Oven; Dishwasher; Disposal; Microwave; Range Hood; Refrigerator
Floor Coverings: Carpet; Stone
Interior Features: Fireplace - Gas
Fireplace Features: Gas
Heating: Natural Gas
Cooling: None
Laundry: Common Area
Construction: Steel Siding
Exterior: Stone; Stucco
Foundation: Concrete Perimeter
Levels: One
Roof: Asphalt
Parking: Garage; Uncovered Unassigned
Property Access: All Year
Association/HOA Fee Includes: Cable TV; Common Area Maintenance; Electricity; Heat; Management; Snow Removal; Trash; Water
Location: Bus Route; In Town; Walk to Slopes
HOA/Comm Amenities: Fitness Center; Front Desk; On Site Management; Pool; Spa/Hot Tub
Neighborhood Features: Fishing; Fitness Center; Golf; Tennis Court(s); Trail(s)
Assessments: See Remarks
Terms: Cash; New Loan
Pets: Yes
Pools: Outdoor Pool
Possession: Subject to Short Term
Financing: Cash

Listing Office: LIV Sothebys Intl Realty Edwards

Last Updated: July - 07 - 2022

714 Lionshead Place, 587/589, Vail, CO 81657 - MLS# 1002908
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Copyright ©2020 Vail Multi List, Inc. (VMLS). The information displayed herein was derived from sources believed to be accurate, but has not been verified by VMLS. Buyers are cautioned to verify all information to their own satisfaction. This information is exclusively for viewers’ personal, non- commercial use. Any republication or reproduction of the information herein without the express permission of the VMLS is strictly prohibited.

Broker Attribution: 970-390-4594
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