Silverthorne-Wildernest Real Estate
Below are condos for sale currently listed in the Summit County MLS in Gore Trail | Silverthorne-Wildernest. Gore Trail is part of the Wildernest neighborhood. Wildernest is an unincorporated portion of Summit County, which is located just above the town of Silverthorne. As part of Wildernest, the Gore Trail subdivision is surrounded by National Forest. As a result, all residents of Gore Trail are just steps away from some fantastic hiking, mountain biking, cross-country skiing and snow-shoeing.
The Gore Trail community is comprised 76 condos, many of which include fabulous views of the surrounding mountains and woods. Gore Trail is conveniently located along the free Summit Stage bus route. The Gore Trail complex is pet-friendly with each owner being permitted up to a total of four dogs and/or cats. Each of the individual Gore Trail condos fits into one of roughly 2 different floor plans:
- 2 Bedrooms & 2 Baths - 957 to 988 square feet
- 3 bedrooms (including loft) & 3 Baths - 1339 to 1370 square feet
The Gore Trail Homeowners' Association has a great reputation for routine upkeep of the complex. For example, in 2016 and 2017, roofing projects were completed in 4 of the 6 buildings in the Gore Trail complex. In addition, hot water boilers in several of the buildings were also replaced in 2017. Residents of Gore Trail also have access to a Clubhouse with a common area hot tub. Additionally, each Gore Trail condo has interior gas fireplaces as well as an exterior carport. Built in 1998 and 1999 with a number of available amenities, the Gore Trail complex presents a great opportunity for primary residents or second homeowners as well as tremendous long-term and short-term rental potential.
Gore Trail Real Estate
Frequently Asked Questions
The Gore Trail subdivision is part of the Wildernest neighborhood, which in turn is located in unincorporated Summit County. Accordingly, the Summit County Board of County Commissioners sets the short-term rental rules that govern the Gore Trail subdivision as well as all other neighborhoods located in Wildernest. As far as the Gore Trail subdivision is concerned, Summit County defines a "short-term rental" as any residential dwelling unit or room therein that is rented for periods of less than 30 consecutive days. Gore Trail rentals, which are longer than 30 consecutive days in length, are instead considered to be a "long-term rental". And, long-term rentals in Gore Trail are encouraged by Summit County government, because they help provide housing to local employees. Summit County is not currently contemplating new restrictions for Gore Trail long-term rentals. Accordingly, when owners in Gore Trail seek to long-term rent their properties (or any part thereof) for more than thirty consecutive days, they need not be concerned with new STR rules or obtaining a STR license.
To determine whether owners in Gore Trail are permitted to short-term rent their properties, there is generally a two-part analysis.
Do the Gore Trail homeowners' association and governing documents allow owners to short-term rent?
Yes. There is no provision in the bylaws, covenants or other governing documents for Gore Trail that would prevent owners from short-term renting their units.
Does the local governmental authority currently allow a property owner to obtain a new Gore Trail short-term rental license?
Over the past several years, the Summit County Board of County Commissioners have enacted a variety of different short-term rental regulations that potentially affect the ability of Gore Trail owners to use their units for short-term rentals. For all the latest changes to the rules and regulations that govern Gore Trail short-term rentals, please check out my continuously updated summary of Wildernest Short-Term Rental Rules.
Gore Trail homeowners' association dues include the following expenses:
- Basic cable tv
- Common area maintenance
- Common area management
- Common insurance
- Common taxes
- Snow removal
- Trash pickup
- Wi-fi internet access
- Water/sewer fees
In sum, property owners in Gore Trail are generally only responsible for the recurring monthly expense of electricity.
A real estate transfer tax is a payment to a governmental entity, which is sometimes made when a real estate transaction occurs. Real estate transfer tax is generally calculated as a small percentage of the total purchase price agreed on by the parties to a real estate transaction. Typically, we find in Summit County that the percentage is either 0%, 1%, 1,5% or 2% of the gross purchase price in section 4 of the the standard real estate contract. In Summit County, transfer tax funds help to pay for a variety of different community improvements. Whether the buyer or seller pays transfer tax is negotiable as part of each real estate transaction.
In Gore Trail, there is 0% transfer tax. That means neither seller nor buyer will have to potentially pay transfer tax as part of a property sale in Gore Trail!
The governing documents for the Gore Trail homeowners' association permit property owners to keep pets within their properties. However, the Gore Trail homeowners' association does not allow long-term renters or short-term renters to have pets anywhere within properties located in the subdivision.
Condos for Sale
(current listings displayed below by newest first)
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