Can new property owners in [custom_field field="subdivision" this_post="1" limit="0" between=", " /] conduct short-term rentals?

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What expenses are covered as part of [custom_field field="subdivision" this_post="1" limit="0" between=", " /] homeowners' association dues?

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Is transfer tax owed when a [custom_field field="subdivision" this_post="1" limit="0" between=", " /] property is bought or sold?

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Spyglass Townhomes
Silverthorne-Wildernest Real Estate

Below are homes for sale currently listed in the Summit County MLS in Spyglass Townhomes | Silverthorne-Wildernest. Spyglass Townhomes 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 Spyglass Townhomes subdivision is surrounded by National Forest. As a result, all residents of Spyglass Townhomes are just steps away from some fantastic hiking, mountain biking, cross-country skiing and snow-shoeing.

Built in stages between 1995 & 1996, the Spyglass Townhomes community is comprised of 66 units, many of which include fantastic views of the surrounding mountain ranges. Spyglass Townhomes are conveniently located along the free Summit Stage bus route. Each of the individual Spyglass Townhomes have spacious interiors, and they also include garages with ample storage. Within the Spyglass Townhomes community, each unit fits into one of roughly two different floor plans:

2 Bedrooms & 2 Baths - 1166 square feet
3 Bedrooms & 3 Baths - 1,532 square feet

The Spyglass Townhomes homeowners' association has a reputation for sound management as well as keeping monthly dues as low as possible. With multi-level layouts, most of the individual units also include sunny interiors, gas fireplaces, in-floor radiant heat and private decks. Each of the Spyglass Townhomes also have hookups for washers and dryers within the unit interior. To maintain the terrific "locals" atmosphere within the community, no short-term rentals are permitted in the Spyglass Townhomes complex.

Spyglass Townhomes Real Estate
Frequently Asked Questions

Can new property owners in Spyglass Townhomes conduct short-term rentals?

To determine whether owners in Spyglass Townhomes are permitted to short-term rent their properties, there is generally a two-part analysis:

Do the Spyglass Townhomes homeowners' association and governing documents allow owners to short-term rent? No. Provisions in the bylaws, covenants and governing documents for Spyglass Townhomes prevent owners from renting their units for any period less than 30 consecutive days. As a result, short-term rentals are essentially prohibited in Spyglass Townhomes. Owners in Spyglass Townhomes may long-term rent their properties for a minimum of 30 consecutive days or more.
Does the local governmental authority currently allow a property owner to obtain a new Spyglass Townhomes short-term rental license? This question would normally be the next part of the analysis. However, since the Spyglass Townhomes subdivision has historically prohibited (and still now currently bans) short-term rentals from taking place within the complex, there is no need to further investigate this question.

What expenses are covered as part of Spyglass Townhomes homeowners' association dues?

Is transfer tax owed when a Spyglass Townhomes property is bought or sold?

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 Colorado 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 Spyglass Townhomes, there is a 1% transfer tax. Dependent on contractual negotiation between the parties, either the seller or buyer will have to potentially pay 1% of the total purchase price at closing as part of a property sale in Spyglass Townhomes. Or, the parties to a Spyglass Townhomes transaction could negotiate to split the 1% transfer tax.

Are pets allowed in Spyglass Townhomes?

The governing documents for the Spyglass Townhomes homeowners' association permit property owners to have pets within their properties. And, long-term renters are also allowed to keep pets in properties in the Spyglass Townhomes subdivision. Because the Spyglass Townhomes HOA prohibits short-term rentals, we need not consider whether they are permitted to have pets within properties.

Spyglass Townhomes
Silverthorne-Wildernest
Homes for Sale

(current listings displayed below by newest first)

If zero current listings were found above, it just means there are no homes in Spyglass Townhomes listed for sale right now in the Summit County MLS. If you'd like to sign up for free listing alerts on the right, you'll be instantly notified as soon as future listings in Spyglass Townhomes become available.