River Bank Lodge
Keystone Real Estate
Below are condos for sale currently listed in the Summit County MLS in River Bank Lodge in Keystone. Located about 74 miles west of Denver with a base elevation of 9,280 feet, Keystone is home to the Keystone Resort, and it's only a few miles from Arapahoe Basin as well. In addition to skiing and snowboarding, Keystone features so many activities, including a five-acre ice skating pond and two golf courses. As part of Keystone, the River Bank Lodge subdivision is just steps away from all of the outdoor, retail and dining experiences that the area has to offer.
The River Bank Lodge community is comprised of 25 condos that include fabulous views of the surrounding mountains as well as a pond and wetlands located behind the complex. River Bank Lodge is conveniently located just a short walk from the Gondola and everything that River Run has to offer. Despite its proximity to River Run, there are no resort fees or transfer taxes for River Bank Lodge. Each of the individual River Bank Lodge condos fits into one of roughly two different floor plans:
- 1 Bedroom & 1 or 1.5 Baths - 543, 573 or 602 square feet
- 2 Bedrooms & 2 Baths - 767 square feet
River Bank Lodge Real Estate
Frequently Asked Questions
To determine whether owners in River Bank Lodge are permitted to short-term rent their properties, there is generally a two-part analysis:
- Do the River Bank Lodge 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 River Bank Lodge that would prevent owners from short-term renting their units.
- Does the local governmental authority currently allow a property owner to obtain a new River Bank Lodge short-term rental license? Yes. River Bank Lodge is located in unincorporated Summit County and is therefore subject to the jurisdiction of the Summit County Board of County Commissioners (“BoCC”). 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. On September 14, 2021, BoCC passed a temporary 90-day moratorium on the issuance of new short-term rental licenses. However, because Keystone is predominantly a resort community serving visitors to Summit County, BoCC created an exemption to the short-term rental moratorium for all properties located in the Keystone area. Accordingly, the River Bank Lodge real estate community and other Keystone property subdivisions all remain unaffected by the short-term rental moratorium in Summit County. New property owners in River Bank Lodge may continue to apply for and receive short-term rental licenses.
In sum, the River Bank Lodge homeowners association does not preclude owners from short-term renting their properties. Furthermore, the short-term rental moratorium does not apply to River Bank Lodge property owners; so, Summit County will continue to grant new short-term rental licenses to homes located in River Bank Lodge.
River Bank Lodge homeowners' association dues include the following expenses:
- Basic cable tv
- Common area maintenance
- Common area management
- Common insurance
- Common taxes
- Gas
- Heat
- Snow removal
- Trash pickup
- Wi-fi internet access
- Water/sewer fees
In sum, property owners in River Bank Lodge 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 River Bank Lodge, 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 River Bank Lodge!
The governing documents for the River Bank Lodge homeowners' association permit property owners to keep pets within their properties. However, the River Bank Lodge homeowners' association does not allow long-term renters or short-term renters to have pets anywhere within properties located in the subdivision.
River Bank Lodge
Condos for Sale
(current listings displayed below by newest first)
If zero current listings were found above, it just means there are no homes in River Bank Lodge listed for sale right now in the Summit County MLS. If you'd like to sign up for free listing alerts, you'll be instantly notified as soon as future listings in River Bank Lodge become available.
River Bank Lodge
Real Estate Information
Originally constructed in 1990, there is one building in the River Bank Lodge community. The River Bank Lodge Homeowners Association routinely completes projects around the complex to repair and upgrade common areas that all of the owners and renters utilize. For instance, in the summer of 2011, the HOA opened a new fitness room right next to the main lobby. Later in 2011, the HOA upgraded the conference room and cooking facilities that are free to use for River Bank Lodge homeowners. In the Summer of 2012, the HOA provided a makeover for the rear exterior deck that overlooks the pond, wetlands, and surrounding mountains. And, in the In the fall of 2015, the River Bank Lodge HOA upgraded the equipment in the common laundry areas and made it free for renters and owners to use.
The River Bank Lodge complex is currently managed by Vacasa Community Association Management, who provide a variety of services to the HOA that range from the governing documents to providing upkeep to the common areas across the complex. The unit owners who comprise the HOA usually gather once per year in the fall for meetings to discuss how to improve and maintain the River Bank Lodge community.
Because of the close proximity to the Gondola as well as to all that River Run has to offer, the River Bank Lodge complex presents a great opportunity for second homeowners as well as tremendous long-term and short-term rental potential. And, in 2017, the HOA began eliminating remaining timeshares from the River Bank Lodge community. With that effort underway, potential buyers should hopefully have access to a wider variety of loan possibilities.
River Bank Lodge Homeowners' association dues include:
- Basic cable tv
- Common area maintenance
- Common insurance
- Common taxes
- Gas
- Management
- Snow removal
- Trash pickup
- Wi-fi internet access
- Water/sewer fees
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River Bank Lodge
Map Location
River Bank Lodge
Recently Sold or Under Contract
(past listings displayed below by most recent first)
