Mountain Sage Townhomes Foreclosed Development now turned Success Story in Carbondale's Downtown

Industry: Real Estate

The Mountain Sage Townhomes, a Foreclosed Development within Carbondale, CO went from stalled to a Success, thanks to Erik Cavarra, Managing Broker for Alpine Property.

Carbondale, Colorado (PRUnderground) October 9th, 2014

Mountain Sage Townhomes consist of a Planned Unit Development within the Core of Carbondale, Colorado. After gaining approvals from the town of Carbondale in 2007, the original developers of the Mountain Sage Townhomes built the first 14 of the 26 approved units and then lost the development in Foreclosure.

Erik Cavarra is the Managing Broker of Alpine Property Real Estate of Aspen & Snowmass Village. Cavarra originally listed the Mountain Sage Development for First Citizens Bank in May of 2012. The Development consisted of (8) of the 14 newly built townhomes (7 finished and 1 partially finished), along with 12 parcel lots with the ability to build 12 new townhomes. Construction has just finalized on all 12 NEW Residences. 4 of the 12 to be built townhomes were designed for Affordable Housing.

A Denver, Colorado based Developer, purchased the Development on 12/31/12.

Erik Cavarra Listed the (8) Two- & Three Bedroom units in early January of 13, and finalized all (8) Sales in March 13. Sold Prices Ranged from $310k – $355k.

Upon succesfful completion of the (8) sales in Phase I, construction began for (12) new additional Units in Phase II. Cavarra has already sold (9) out of (12) Residences with only (3) Residences remaining. Cavarra has led the charge for the real estate sales within the project, and contributes the newly found success to “the quality of the construction, location of the property, and the price point.”  According to Cavarra, the Mountain Sage Townhomes are “unmatched within the marketplace because they offer brand new construction, enhanced amenities such as air conditioning, modern fire places, and finish levels only found in much more expensive quality properties.”

The Mountain Sage Townhomes, located on Main Street, are designed for owners who seek luxury living within the Carbondale downtown core. The Townhomes are within walking distance of restaurants, a variety of shopping, and community parks. The location provides easy access to the main highway for commuting up and down the Roaring Fork Valley, yet they are located on the pedestrian-friendly streets in the downtown core. The Townhomes are beautifully designed with top grade finishes to provide a wonderful and comfortable living experience. The Townhomes mimic the architectural vernacular already present in the town and have been well received by the community.  Beautifully designed inside and out, these Townhomes offer the very best Carbondale has to Offer with a price point that is affordable for the working family.

With only (3) Units remaining, there are (2) Two Bedrooms Priced from $415,000 – $425,000, and (1) Three Bedroom remaining from $472,500.

For more information, please visit, or contact Erik Cavarra at 970.618.9733 or

About The Residences at Snowmass Club

Snowmass Club offers all the comforts of home in one spectacular place, with the attentive service of a fine hotel and the extensive amenities of the private club lifestyle. Snowmass Club’s views of Mt. Daly and Capitol Peak provide a majestic mountain atmosphere found nowhere else in the world. Snowmass Club has evolved into the ideal mountain lifestyle for year-round residents, second homeowners and owners of the private residences. No matter what your favorite season, we offer something for everyone. Choose from a wide variety of social activities including themed dinners, family-oriented activities, wine tastings, and much more. Enjoy a round of golf on our Jim Engh Signature Course, or play a game of tennis with your close friends on our indoor or outdoor courts. Spend the day at the pool with the kids or indulge in a gourmet dinner. The possibilities are endless, come out and play. Live here. Stay here. Play here.

Erik Cavarra is the Preferred Broker for the Residences at Snowmass Club & Managing Broker for Alpine Real Estate in Aspen & Snowmass Village. Situated on the golf course, the Snowmass Club offers the perfect luxury rental for your vacation in Snowmass. Only moments away from the Two Creeks ski area, these two to five bedroom vacation rentals are fully appointed with top of the line finishes, amazing views and amenities. Enjoy the views from your balcony or relax in the 19,000 Sq. Ft. health club featuring two pools, two hot tubs and a spa. View Details Here. Alpine Property, Aspen and Snowmass Village Luxury Vacation Rentals and Real Estate Sales, with offices in Aspen and Snowmass Village. Erik Cavarra is your Aspen & Snowmass Real Estate & vacation rental home expert. Erik has sold over $95m in real estate sales since 2010, and over $190m since 2005. Erik prides himself on being a world renowned broker who has helped hundreds of families find permanent Vacation Homes, Luxury Estates, Town homes, Condominiums, Fractional and Land acquisitions within the Aspen, Snowmass and Roaring Fork Valley. Let Erik Cavarra help you find the ideal property during your Real Estate Search, or the perfect rental home for your next ski vacation. Erik Cavarra is the Managing Broker at Alpine Property. For several years, Erik has worked as an industry and community leader focusing on Sales, Rentals, and various philanthropic work within the Aspen & Snowmass Village areas. Erik anticipates your needs, listens to your requests and exceeds your expectations. From a warm and inviting slope-side getaway to an amazing luxury Aspen vacation rental for your family and friends, Erik is here to help make it as simple as possible for you. Erik Cavarra & Alpine Property will find you the perfect setting in the mountains or manage your home away from home down to the very last detail. Alpine Property has been managing and renting vacation homes and condos in Aspen and Snowmass Village, since 1981. Close to skiing, snowboarding, mountain biking, hiking, world-class restaurants and après-ski fare. Erik’s goal is to find your ideal luxury vacation rental and help you settle in to the ultimate alpine experience.

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