Main Street Station Condos – Recent Sales
Brett Rudolph December 28, 2021
Brett Rudolph December 28, 2021
Main Street Station Condos are ski-in, ski-out condos for sale in Breckenridge. Located at the base of Peak 9 of the Breckenridge Ski Resort and on Breckenridge’s Main Street, the location is perfect for those who like to ski but also want to enjoy shopping and dining in Breckenridge. Built in 2000, Main Street Station Condo has a total of 82 residential units comprised of 9 studios, 38 1-bedroom, 23 2-bedroom, 8 3-bedroom, and 4 4-bedroom condos ranging in size from 355 to 1957 square feet.
Each condo is professionally decorated with granite in the kitchens and bathrooms, decks that feature ski area, main street or mountain views, gas fireplaces, and underground parking. While enjoying your stay at Main Street Station Condo in Breckenridge, Colorado take in all the amenities including an indoor/outdoor heated swimming pool with panoramic views of the Breckenridge Ski Resort, 6 hot tubs, fitness center with eucalyptus steam room, private 25-seat movie theater (must be reserved), pioneer club to relax by the fire and enjoy a cocktail, 24-hour front desk and bell service and an onsite concierge.
If you are an owner of a Main Street Station Condo, you are in luck. Main Street Station is one of eight complexes (963 individual units excluding timeshare units) in all of Breckenridge that are exempt from the Short-Term Rental cap that was put into place in September of 2021. The Short-Term Rental cap is an ordinance that caps the short-term rental licenses in Breckenridge to 2,200 licenses. Currently, there are 3,300 licenses in Breckenridge. The town hopes to decrease the licenses through attrition. For a property to be exempt from the ordinance, the complex must have a front desk, 24-hour security, and a phone system to the individual units. The good news is that Main Street Station is exempt, and you can obtain a rental license upon purchase. View all of the new Breckenridge short-term rental regulations by visiting the Town of Breckenridge website.
In the past 365 days, there have been 14 Main Street Station Condo sales, including three studios, four 1-bedroom, and seven 2-bedroom sales.
Sold Date | List Price | Sold Price | Price/SF | Beds | Baths | SF | DOM |
5/28/2021 | $475,000 | $469,000 | $1,010.78 | 0 | 1 | 464 | 49 |
7/16/2021 | $480,000 | $480,000 | $1,352.11 | 0 | 1 | 355 | 151 |
11/12/2021 | $525,000 | $520,000 | $1,111.11 | 0 | 1 | 468 | 13 |
The studio sales’ price per square foot ranged from $1,010.78 to $1,352.11 with an average sold price per square foot of $1,158. The average days on market was 71 days.
Sold Date | List Price | Sold Price | Price/SF | Beds | Baths | SF | DOM |
5/27/2021 | $865,000 | $870,000 | $889.57 | 1 | 2 | 978 | 10 |
6/22/2021 | $695,000 | $740,000 | $1,074.02 | 1 | 1 | 689 | 1 |
9/3/2021 | $695,000 | $695,000 | $972.03 | 1 | 1 | 715 | 31 |
9/24/2021 | $695,000 | $720,000 | $1,035.97 | 1 | 1 | 695 | 25 |
1 Bedroom sales sold for an average of $1,027.34/sf while the average days on market were just 19 days.
Sold Date | List Price | Sold Price | Price/SF | Beds | Baths | SF | DOM |
1/14/2021 | $1,120,000 | $1,100,000 | $841.62 | 2 | 2.5 | 1,307 | 25 |
3/18/2021 | $925,000 | $899,000 | $840.19 | 2 | 2 | 1,070 | 97 |
4/6/2021 | $915,000 | $888,888 | $907.96 | 2 | 2 | 979 | 269 |
5/4/2021 | $1,200,000 | $1,150,000 | $853.12 | 2 | 3 | 1,348 | 10 |
5/28/2021 | $1,199,000 | $1,199,000 | $974.00 | 2 | 2 | 1,231 | 1 |
9/10/2021 | $998,000 | $1,005,000 | $1,051.26 | 2 | 2 | 956 | 1 |
11/10/2021 | $1,200,000 | $1,150,000 | $1,229.95 | 2 | 2 | 935 | 19 |
The seven 2-bedroom sales averaged $1,085.07/sf, ranging from $841.62/sf in January to $1,229.95/sf in November, which yields an increase of 46% over 11 months. The average days on market was just 7 days.
When considering Breckenridge Real Estate, Main Street Station is a condo complex not to be overlooked. If you are an owner of a Main Street Station Condo and would like a market analysis for your individual unit, or if you would like a private showing of the condos currently for sale in Main Street Station or other properties for sale in Breckenridge, CO, contact Brett Rudolph with Christie’s International Real Estate.
Data Source: Summit Realtors MLS
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