Photo Caption: Tye Stockton represents the buyer of the record-breaking $57,250,000 sale, setting a new record in Colorado’s renowned Vail Valley.
Vail, Colo., August 11, 2020 – LIV Sotheby’s International Realty (LIV SIR) is proud to announce that Tye Stockton has broken yet another record by representing the buyer who purchased a remarkable family home in Colorado’s prestigious Vail Valley for the record-breaking price of $57,250,000.
This “generational” family home is located in Vail Village, which is a sought-after area that truly provides an incomparable lifestyle. Kevin Ness and his family, the buyers currently based out of Boulder, CO, are looking forward to the world-class amenities of Vail Village including breathtaking views of Vail Mountain, prime access to the slopes for year-round enjoyment, boutique shops, fine dining, hot après ski spots during the wintertime, and a luxurious, pedestrian-friendly community.
Comprised of two residences, 99 Vail Road and 100 Vail Road, which were originally listed for $27,500,000 and $29,750,000, the awe-inspiring residence is six stories and around 15,000 square feet. The exterior is constructed of beautiful stone and modern steel siding. Beyond the amazing offerings of Vail Village, the residence itself features two swimming pools, two hot tubs, and prime indoor spaces such as a movie theater – making this residence the perfect family compound.
Interestingly enough, this residence is not what Ness and his family initially had in mind. Starting the search in May of this year, Stockton showed Ness a variety of properties and resort communities, with the Vail Valley ultimately rising to the top of their list after seeing this home.
“We toured many other resort communities, but where Vail really rose to the top was the pedestrian nature of the Village, the ease of access for families, and proximity to shops and restaurants. Vail provided a sense of place for them,” Stockton added.
Ness quickly understood the importance of the location for his family, providing ease for an active lifestyle with everything that Vail Village offers; walking to the parks, going skiing, everything within close proximity.
With the generational home including two separate residences, Ness foresees extended family and friends utilizing one residence. One of the two elevators connect the two residences together, allowing their guests to enjoy their visits with complete privacy.
Stockton explained that the seller was not originally considering selling both separate properties. But, in order to have a generational family compound that worked for Ness’ family, both sides of the residence were critical.
“After seeing the home, Ness wanted to buy the best property in the best location that would serve their family for decades,” said Stockton. “Having the two homes really accomplished that goal. Ness said he wants to be able to see his grandkids in this house.”
Ness and his family plan on creating lasting memories for years to come. His gratitude for the opportunity to enjoy this space with family, friends, and loved ones is evident.
“Not only do you feel great about finding the client their perfect home, but there are those rare occasions that you connect with the client and feel their sincerity about their purchase. The Ness family is so grateful to really make this residence their home and they are a terrific family. I have a strong friendship with them that will go well beyond the real estate transaction,” Stockton added.
Tye Stockton is the lead Global Real Estate Advisor of The Stockton Group, a team of LIV SIR brokers servicing the resort communities with a focus on the Vail Valley. Together, The Stockton Group continues to raise the bar in luxury real estate and most recently represented the sale of 375 Mill Creek Circle. This $24,000,000 estate was the highest-priced sale ever recorded by the Vail Board of Realtors prior to this most recent sale. Impressively, Stockton was able to market the home to a buyer in Paris, France who purchased the home without physically touring, but through the use of world-class technology used by The Stockton Group.
“The increase in luxury market activity speaks to the need for a safe haven. Buyers want to feel like they have a place that they can go to when times change,” Stockton explained. “I’ve always seen this in my career, but I feel blessed and humbled to participate in these recent sales.”
Well known in Vail, Colorado, and beyond, The Stockton Group was ranked 25 in the Small Team category by volume within the 2020 REAL Trends “The Thousand,” an annual report which recognizes the top 1,000 independent real estate agents and teams in the United States. The team was also ranked the No.1 real estate team in the Vail Valley for 2018 and 2019 and has closed nearly $1.3 billion in career sales. Tye Stockton, who leads the team, was named the No.1 broker in the Vail Valley for 2018 and 2019.
For more information about this significant sale or for assistance buying or selling in the Vail Valley, contact The Stockton Group by calling 970.470.6212 or visiting thestocktongroupvail.com.