Vermont Real Estate News: Spruce Peak

Vermont Real Estate News: Spruce Peak

Spruce Peak at Stowe, New England’s only true luxury mountain resort community, announces a total of more than $70 million in closed and newly signed contracts in 2016, bolstered by the introduction of the 18 four-bedroom Village Townhomes in November 2016. To date, nine townhomes residences have sold, ranging from $1.8 to $2.2 million.

Architects and interior designers from Zehren and Associates, a renowned mountain country firm, designed the lauded Village Townhomes with families and multigenerational living in mind. The residences feature four bedrooms, three full baths and a powder room and range from 2,000-2,200 square feet of living space plus a heated garage. The contemporary alpine-designed homes are punctuated with exposed wood beams and 17-foot-high ceilings with floor-to-ceiling windows that beautifully frame the snow-covered mountains. The kitchens offer details like shaker-style wood cabinets and barn wood kitchen islands with Wolf and Sub-Zero appliances.

Just off the heels of the completion of its $90 million Village Center, Spruce Peak’s real estate opportunities feature community amenities that are carving the path for the East Coast’s fastest-selling second home market. Residences are centered around a 10,000-square-foot ice rink and the newly opened, Adventure Center—a multi-season activity center that acts as the home base for the Stowe Children’s Ski and Ride School, Stowe Rocks—a climbing gym that replicates some of the local rock formations, a movie screening area, daycare and more. The Village also boasts more than a dozen shops, boutiques, restaurants, and skier service facilities.

Located at the base of Vermont’s highest mountain, Mount Mansfield, Spruce Peak’s owners also take advantage of the existing 21,000 square-foot spa and pool, a 450-seat performance center, a Bob Cupp-designed mountain golf course, and access to Stowe Mountain Lodge, the most sought after ski-in/ski-out hotel lodging in the east.

“When we started this project, we saw the East Coast real estate market was missing a family-oriented luxury solution for second home buyers near Vermont’s most coveted ski destination,” said Spruce Peak at Stowe’s Vice President & Director of Real Estate, Sam Gaines. “Our goal was to create a new residential offering that affords owners the opportunity to seek out their own adventures while providing a safe neighborhood setting where their children can create lasting memories.”

Spruce Peak at Stowe is a 2-hour drive from Montreal, a 3-hour drive from Boston and a 45-minute flight from the New York area via Tradewind Aviation’s Northeast shuttle service.

For more information on Spruce Peak’s real estate opportunities, visit www.sprucepeak.com.

About Spruce Peak

Spruce Peak at Stowe is a four season, slope-side affluent community located within Stowe Mountain Resort, at the base of Spruce Peak and Mt. Mansfield in Vermont. The luxury alpine community is the only resort in the Northeast with ski-in/ski-out residences, a 21,000 square-foot spa, a 450-seat performance center, an award-winning Bob Cupp-designed golf course, and 30,000 square-foot Adventure Center with rock-climbing walls and a world-class children’s Ski and Ride School. Spruce Peak at Stowe is located at the base of the tallest mountain in Vermont, and is surrounded by 2,000 acres of preserved wildlife habitat. Spruce Peak at Stowe is a member of the Audubon International Sustainable Communities Program. Due to that prestigious designation, Spruce Peak became the first mountain resort in the nation to earn the Audubon International Green Community Award. For more information, visit www.sprucepeak.com.

About Stowe Mountain Resort

Stowe is an internationally renowned year-round destination. Stowe Mountain Resort, with majestic Mount Mansfield and Spruce Peak, is filled with activities for every season; golf, tennis, hiking, biking, fishing, skiing, snowboarding, world-class dining, shopping, spa and more. Stowe’s historic village combined with Vermont’s most spectacular landscape creates quintessential New England getaways. For more information, visit www.stowe.com.

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Shayne Heffernan Funds Manager at HEFFX holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.

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