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Everything you need to know about Rentals and Real Estate in Nantucket, Stowe, St. Barth’s, Harbour Island and Lyford Cay

Archive for the ‘Stowe Vermont Real Estate’ Category

Fed Cup Coming to Stowe

Wednesday, May 23rd, 2007
Venues confirmed for Fed Cup semifinals
The venues have been confirmed for the semifinals of the 2007 Fed Cup by BNP Paribas on 14-15 July subject to final approval by the ITF. USA will take on Russia in Stowe, Vermont, while defending champion Italy will host France in Castellaneta Marina.The USTA announced that the USA-Russia semifinal will be held at the Topnotch Resort and Spa in Stowe. The stadium will be built next to the existing indoor tennis facility, with the tie played on hard court.

“Stowe, Vermont is such a beautiful region of our country and we look forward to returning tennis to an area that has a proven commitment to the game,” said US Fed Cup Captain Zina Garrison. “Our goal is to win the Fed Cup and we look forward to facing a competitive Russian team.”

Tickets will go on sale to the general public during the week of 4 June and can be purchased by calling +1 888 334 8782.
 

25 Dream vacation homes - from: CNN Money

Wednesday, May 16th, 2007

Source:  http://money.cnn.com/galleries/2007/real_estate
/0705/gallery.vacationdream.tal/21.html

Spruce Peak at Stowe<br><br> Stowe, Vermont

21. Spruce Peak at Stowe

Stowe, Vermont

Price: Fractionals from $329,000, full ownership from $1.57 million

Move-in date: Fall 2007

Contact: Country Village Rentals & Real Estate - 800-320-8777

This intimate 35-acre resort–with 38 full-ownership cabins, 244 full-ownership condos, and 34 fractional-ownership (1/8) units–is the latest upgrade to Vermont’s premier ski resort. Automatic membership to the Stowe Mountain Club is offered to fractional-ownership residents, and affords privileges to the exclusive clubhouse at the base lodge (think private locker rooms and concierge services) and two free ski passes per visit. The property also has an 18-hole Bob Cupp–designed golf course and a 21,000-square-foot spa and wellness center. An ice-skating rink and pedestrian plaza for retail boutiques and restaurants are in the works.

More dream vacation homes

Contact your Country Village Agent for more information…

Interesting Article

Monday, March 19th, 2007

Stowe gets a needed lift

By Gene Sloan, USA TODAY

STOWE, Vt. — Rod Kessler doesn’t mince words when he talks about the old chairlift to the summit of Spruce Peak.

Small-town Vermont: The Stowe Community Center looks peaceful under a mantle of snow, which typically blankets the village from Nov. through April. Small-town Vermont: The Stowe Community Center looks peaceful under a mantle of snow, which typically blankets the village from Nov. through April.
Gene J. Puskar, AP

“It was a tough ride,” says the head of operations for Stowe Mountain Resort, recalling the infamously frigid crosswinds that would buffet skiers on the 13-minute trip to the top.

Like so much else in this aging grande dame of New England resort towns, once known as the Ski Capital of the East, the slow-moving Big Spruce lift hadn’t gotten an overhaul since the area’s heyday in the ’50s. It wasn’t just old; it was a relic.

  SKIING STOWE
Vertical drop: 2,360 feet
Skiable acres: 485
Annual snowfall: 333 inches
Trail mix: Beginner, 16%; intermediate, 59%; expert, 25%
Ticket prices: One-day adult pass, $74; five-day pass, $224.
Information: 800-253-4754; stowe.com.

But now, as Kessler eagerly points out in a midday ski tour, things finally are beginning to change — and change big — both on and off the mountain.

Big Spruce is gone, replaced this year by a new high-speed lift that reaches the summit in under 6 minutes. And that’s just a small piece of a $300 million, 10-year extreme makeover of the ski area now underway that developers hope will catapult Stowe back to the top spot among Eastern resorts.

“There’s not a resort in the world that we will not compete with,” boasts hotelier James Horsman, the Ritz-Carlton veteran tapped to run a new ski-in, ski-out luxury hotel and spa that will form the cornerstone of a posh new pedestrian village. It’s designed to lure vacationers from across the USA and even Europe.

The 170-room property, now under construction at the base of Spruce Peak, won’t open until next year. But already, the first elements of the new base area — luxury ski-in, ski-out cabins — are beginning to bustle with well-heeled skiers.

And there have been significant changes on the mountain over the past year, (more…)

Snow Update

Monday, March 19th, 2007

The second half of winter has continued to be a blessing.  Stowe received almost 3 feet of snow since Friday.  The conditions on the mountain are tremendous.  With a bit of snow Monday/Tuesday, spring skiing will be excellent this year.�

1031 Tax-Deferred Exchanges

Tuesday, March 13th, 2007

What is a 1031 Exchange?

A 1031 Exchange is a transaction in which a taxpayer is allowed to sell one property to buy another without recognizing, but instead deferring taxable income on the sale.  This can be done through a simultaneous or delayed 1031 Exchange.  The transaction is aptly named after the federal tax law allowing it, Section 1031 of the Internal Revenue Code.  It is the best strategy for the deferral of capital gains and depreciation recapture tax that would ordinarily arise from the sale of highly appreciated real estate.

A successful exchange results in the taxpayer being able to utilize 100% of the proceeds from the sale of property to purchase a new property, thereby deferring capital gains and recapture tax on the relinquished property.

Real estate owners may accomplish several objectives by using a 1031 Exchange, including greater leverage, diversification by asset class and geographic location, improved cash flow, and/or property consolidation.

How does a 1031 Exchange work? (more…)



Nantucket
10 Straight Wharf
Nantucket, MA 02554
phone: (508)228-8840
toll-free: (800) 599-RENT
fax: (508) 228-8804
nantucket@countryvillagere.com
Stowe
PO Box 1003 Main Street
Stowe, VT 05672
phone: (802) 253-8777
toll-free: (800) 320-8777
fax: (802) 253-2144
stowe@countryvillagere.com
St. Barth's
Gustavia, St. Barth's
toll-free: (800) 599-RENT
toll-free: (800) 320-8777
stbarths@countryvillagere.com
Harbour Island / Lyford Cay
H.G. Christie Building
Millars Court
PO Box N8164
Nassau, Bahamas
toll-free: (800) 599-RENT
toll-free: (800) 320-8777
bahamas@countryvillagere.com

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