The battle for the luxury home market in Steamboat Springs is heating up and the Porches is emerging as a clear leader. They have in fact achieved a market share of nearly 50% in the 4000+ square feet residence segment, in whole as well as fractional sales of property. In just the past six months they have sold three full ownership homes including a pre-construction sale, and three fractional properties in the Private Residence Club. Given the mood of the marketplace at present, catching the attention of a growing number of second home buyers is no mean feat and speaks volumes of their product offering.

“Our sales success this year is somewhat surprising given the tough economic climate,” said Bruce Shugart, developer of The Porches. “But we have remained true to our vision, emphasizing three core tenants: quality craftsmanship, exceptional service and attention to detail. Delivering on this promise has enabled us to remain viable during the downturn.”

The Porches is Steamboat’s premier community for families looking to create lifelong memories. Located at the base of the ski resort, The Porches redefines the term “luxury” in the area, offering  whole and fractional ownership as well as nightly rentals in one of the country’s hottest mountain destinations. Residences offer four to five bedrooms and bathrooms, large gourmet kitchens, personal game room, cozy fireplaces, flat screen TVs and a bunkroom for the kids.

As demand persists into 2010, The Porches plans to continue the construction of additional residences and is in the process of building additional units. Currently, there are two whole ownership opportunities available as well as fractional units in three floor plans: Cottonwood, Blue Spruce and Ponderosa.

About The Porches

The Porches is more than Steamboat Springs, Colorado’s premier luxury home community—it’s a genuine neighborhood perfect for multi-generational family gatherings.  Situated in an ideal location two minutes from the gondola at Steamboat Ski Resort, The Porches’ offers a superior level of personal service, family-friendly amenities and spacious, luxury residences built with a quality of craftsmanship never before found in the area. The Porches real estate offering includes whole ownership as well as a Private Residence Club. There hasn’t been a place like this in Steamboat Springs since… well, never.