A Stowe, Vt., developer hopes to fetch up to $10 million for slopeside penthouses
The property will have 27 "ski in/ski out" residences complete with private elevators. The units will have views of Mount Mansfield.
A new ski-in, ski-out development is coming to Stowe, Vt.
Vermont developer Spruce Peak Realty will begin construction next month on One Spruce Peak, a six-story building with walls of windows offering gorgeous views of Vermont’s tallest mountain, Mount Mansfield. In a statement, the developer said the new residences at the base of Stowe Mountain Resort will be “the pinnacle of alpine living.”
The 117,000-square-foot property will include 27 ski in/ski out residences complete with private elevators; oak floors; wool hand-loomed carpeting; gas fireplaces; balconies; kitchens with reclaimed-chestnut farm tables, oak cabinets, and locally sourced marble; bathrooms with soaking tubs and locally sourced stone; and a smart-home system in which owners can control the heat, lighting, security cameras, and more.
“One Spruce Peak is the culmination of everything we have been creating here at Spruce Peak for the past 15 years,” Sam Gaines, president of Spruce Peak Realty, said in a statement. “Occupying the best site in our community, this collection of residences will achieve a superior level of design while remaining true to our Vermont roots and our surroundings.”
The building will offer five three- or four-bedroom town homes, 13 three-bedroom residences, six four-bedroom residences, and three five-bedroom penthouses. Prices start at $2,000,000, with the asking price for the penthouses ranging from $7,000,000 to $10,000,000.
One Spruce Peak is the third major luxury residential development Spruce Peak Realty will develop in the community in the past four years. Prior projects are the Mountain Cabins and Club Residences and Spruce Peak Village Townhomes, which sold out last year for $34 million, according to a company statement.
The project’s architect is Bull Stockwell Allen of San Francisco, and the interior designer is Burlington, Vt.,-based TruexCullins. The residences will be completed in December 2020, according to the statement.
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