Steamboat Springs is abuzz with the news of The Glen, a new 70-acre residential development poised to impact the city’s real estate landscape. Here at Team Yazbeck, we’re excited to explore what The Glen signifies for potential homeowners and investors.
A Long-Awaited Arrival
Previously known as Overlook Park, The Glen has been in the works for years, undergoing ownership changes and infrastructure development. Now, under the stewardship of JSM Builders, the project is finally moving forward with the first phase of home sales opening in December 2023.
What to Expect at The Glen
The Glen promises a variety of housing options to cater to diverse needs. Here’s a breakdown of what’s on offer:
- Single-family homes: Ranging from 1,700 to 3,000 square feet, these homes will be built across three phases: Park Village, Hillside, and Overlook Preserve. Lot sizes will vary, with some offering space for accessory dwelling units.
- Duplexes: Nine duplexes will provide an alternative for those seeking a more compact living arrangement.
- Commercial space: A 4.5-acre commercially zoned parcel presents exciting possibilities for future development. Potential uses could include townhomes, apartments, or retail establishments.
Impact on the Market
The Glen’s arrival will undoubtedly influence Steamboat Springs’ real estate market in several ways:
- Increased inventory: The addition of 139 new homes will provide more options for buyers, potentially easing some of the current inventory tightness.
- Diverse housing options: With a mix of single-family homes, duplexes, and a potential for multi-family units, The Glen caters to a wider range of buyers, including families, young professionals, and downsizers.
- Potential price stabilization: Increased inventory, particularly of starter homes, could lead to a stabilization of housing prices, making Steamboat Springs more accessible to a broader demographic.
A Community Focus
The Glen prioritizes creating a vibrant community. Here are some noteworthy aspects:
- Family-friendly environment: With proximity to Sleeping Giant School and a focus on open green spaces, The Glen aims to be an attractive option for families.
- Free-market pricing: Homes will be offered at market rates, avoiding deed restrictions and fostering a diverse community.
- Convenient location: Situated near established neighborhoods and offering easy access to major roads, The Glen provides a central location with excellent connectivity.
Looking Ahead
The Glen represents a significant development for Steamboat Springs. With its diverse housing options, focus on community, and prime location, The Glen is poised to attract residents seeking a slice of the Steamboat Springs lifestyle. Here at Team Yazbeck, we’re closely following The Glen’s development and are here to guide you through the exciting possibilities it presents.
Are you interested in learning more about The Glen or exploring other real estate opportunities in Steamboat Springs? Contact Team Yazbeck today!