Watch Hill Condo
Silverthorne-Wildernest Real Estate
Below are condos for sale currently listed in the Summit County MLS in Watch Hill Condo Silverthorne-Wildernest. Watch Hill Condo 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 Watch Hill Condo subdivision is surrounded by National Forest. As a result, all residents of Watch Hill Condo are just steps away from some fantastic hiking, mountain biking, cross-country skiing and snow-shoeing.
The Watch Hill Condo complex is comprised of six different buildings that include a total of 72 condos. These six buildings were constructed in the following order over a 17-year period:
- Building A - 1983
- Building B - 1983
- Buidling C - 1989
- Buidling D - 1989
- Building E - 2000
- Building F - 1989
The Watch Hill Condo community is an upscale development, which is located directly adjacent to national forest and along the free Summit Stage bus route. Many of the condos therefore include fabulous views of Buffalo Mountain and the Tenmile Range. Each of the individual Watch Hill Condos fits into one of roughly 10 different floor plans:
- Studio & 1 Bath - 422, 436 square feet
- Studio (plus loft) & 2 Baths - 643 square feet
- 1 Bedroom & 1 Bath - 625,639, 666, 680 square feet
- 1 Bedroom (plus loft) & 2 Baths - 658, 847, 861, 889, 932 square feet
- 2 Bedrooms & 2 Baths - 789, 850, 872, 873, 886, 900, 952 square feet
- 2 bedrooms (plus loft) & 2 Baths - 847, 1105, 1152, 1246, 1268, 1276, 1281, 1285, 1291, 1304, 1342 square feet
- 2 bedrooms (plus loft) & 3 Baths - 1102, 1116 square feet
- 3 bedrooms & 2 Baths - 1281, 1318 square feet
- 3 bedrooms (plus loft) & 2 Baths - 1105, 1152 square feet
- 3 bedrooms (plus loft) & 3 Baths - 1105, 1285 square feet
The Watch Hill Condo also features access to a common hot tub.
The Watch Hill Condo Homeowners Association is complex is currently managed by Red Mountain Community Management, who provide a variety of services to the HOA that range from managing financials to providing upkeep to the common areas across the complex. The HOA board of directors for Watch Hill Condo meets several times of year. And, all Watch Hill Condo HOA members meet on an annual basis usually in the middle of the summer.
Watch Hill Condo Real Estate
Frequently Asked Questions
The Watch Hill Condo 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 Watch Hill Condo subdivision as well as all other neighborhoods located in Wildernest. As far as the Watch Hill Condo 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. Watch Hill Condo rentals, which are longer than 30 consecutive days in length, are instead considered to be a "long-term rental". And, long-term rentals in Watch Hill Condo are encouraged by Summit County government, because they help provide housing to local employees. Summit County is not currently contemplating new restrictions for Watch Hill Condo long-term rentals. Accordingly, when owners in Watch Hill Condo 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 Watch Hill Condo are permitted to short-term rent their properties, there is generally a two-part analysis.
Do the Watch Hill Condo 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 Watch Hill Condo that would prevent owners from short-term renting their units.
Does the local governmental authority currently allow a property owner to obtain a new Watch Hill Condo 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 Watch Hill Condo owners to use their units for short-term rentals. For all the latest changes to the rules and regulations that govern Watch Hill Condo short-term rentals, please check out my continuously updated summary of Wildernest Short-Term Rental Rules.
Watch Hill Condo 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 Watch Hill Condo 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 Watch Hill Condo, 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 Watch Hill Condo!
The governing documents for the Watch Hill Condo homeowners' association permit property owners to keep pets within their properties. However, the Watch Hill Condo homeowners' association does not allow long-term renters or short-term renters to have pets anywhere within properties located in the subdivision.
Watch Hill Condo
Condos for Sale
(current listings displayed below by newest first)
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