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Steamboat's Unsold Barn Village Lots Re-Listed At Half-Off

[The lot layout of Barn Village]

According to Steamboat Today, the private equity group that bought the 47 unsold and foreclosed lots at Barn Village this December for $5.6 million is putting them all back on the market for about half of what they originally listed for back in 2007. The subdivision is located within city limits along Fish Creek and behind the iconic More Barn (the one from that ad), which became a city park recently. Prices for the smallest 0.2 acre lots had been right around $522,000, while the cheapest of those lots, at the Yampa Valley Medical Center line, are now being re-listed at $138,995, and would accommodate a 2-3,000 square foot home. A 1.07 acre lot at the end of a cul de sac along Fish Creek, which had at first gone up for a tad over $1 million, is now being re-listed at $546K.

· 47 Barn Village at Steamboat lots poised to re-enter real estate market [Steamboat Today]
· Barn Village Steamboat