Killington VT Real Estate Activity for May

Eleven properties sold in Killington during the month of May and all were condominiums.  Four 1 bedroom condominiums sold: two Mountain Green units for $32,500 and $36,500; one Fall Line unit for $104,000; and one Highridge unit for $103,000.  Three 2 bedroom units sold:  a Whiffletree for $73,000; a Sunrise for $149,500; and a Highridge for $159,000.  The remaining four properties that closed in May were all 3 bedroom units: a condex for $155,0000; a Pinnacle for $165,000; a Highridge for $250,000 and a Topridge town home for $685,000.   To view all properties currently listed for sale in Killington please visit Prestige Real Estate of Killington.

Killington VT Real Estate Activity For March

Six properties sold during the month of March, 2 homes and 4 condominiums.  Both homes were large 3 bedroom properties, one on Trailview Drive closed for $555,000 and the other on Mountainside closed for $930,000.   A one bedroom Mountain Green sold for $31,750; a two bedroom Sunrise sold for $119,000; a two bedroom Pinnacle sold for $139,000; and a three bedroom Colony Club sold for $185,000.   Of the 4 condominiums that closed in March, one was a short sale and two were foreclsoures...very unusual for Killington.  To view all properties listed for sale in Killington, please visit Prestige Real Estate of Killington.

New Killington resort President

Killington Resort and Pico Mountain Announcement

Effective immediately:

Chris Nyberg has been named President and Chief Operating Officer of the resort division of Powdr Corp.

Mike Solimano has been named the President and General Manager of Killington Resort and Pico Mountain.

Chris joined Killington/Pico Ski Resort Partners, LLC. in 2007 as the president and general manger. In his tenure with our resorts, more than $20 million was invested in resort improvements including the Skye Peak Express Quad, the Roaring Brook Umbrellas Bars and Deck, snowmaking improvements along with removal of the original Peak Lodge and preparation to build Killington's new Peak facility. Chris' hard work and dedication in the ski industry will continue in Park City, Utah where he will still work with Killington Resort and Pico Mountain and visit from time to time.

Mike brings many years of experience and broad knowledge to his new role as president and general manager for Killington/Pico Ski Resort Partners, LLC. For the last 12 years, he has served as director of finance and revenue and has been instrumental in achieving the recent on-mountain and guest service improvements at our resorts. Additionally, Mike's taken on other direct responsibilities in retail sales, ticket and season pass sales and the lodging division. Mike's previous role also involved him in strategic revenue generating programs relative to other departments at the resort including but not limited to all pre-sold programs and Pico program development.

Mike and his family, wife Cara, son Connor 12 and daughters, Hannah 9 and Lauren 7 are avid skiers and active in the community. Additionally, their children are growing up as participants in the Pico Ski Club racing program. Prior to his association with Killington Mike worked seven years at Deloitte & Touché as Audit Manager and six years at Skis Dynastar as VP of Finance and Operations.

"The Killington/Pico Executive Team has worked together to define our plan for the upcoming season, and I am confident that Mike will continue to pursue the high standards of operations and service that have been established," stated Chris Nyberg. "Please join me in congratulating Mike on his new role."

SARAH THORSON Killington Resort | Pico Mountain Communications Manager T: 802.422.6115 F: 802.422.6118 C: 802.342.8557 killington.com | picomountain.com

Killington VT Real Estate Activity for July

7 properties closed in Killington during the month of July.  2 homes sold, a tw0 bedroom two bath home on Ridge Road closed for $180,000 and a four bedroom six bath home off of Killington Road sold for $1,600,000.  3 condominiums sold: a one bedroom Mountain Green "penthouse" unit sold for $52,500; a one bedroom Fall Line sold for $90,000; and a two bedroom Sunrise closed for $153,000.  2 parcels of land also sold in July: a 1.5 acre lot off of Old Coach Road sold for $60,000 and a one acre lot off of Killington Road sold for $125,000.  To view all Killington properties listed for sale please visit Prestige Real Estate of Killington.

Killington SnowMont Music Festival Announced

Killington has announced that it will be hosting a three day (March 30-April 1) music festival.  "Killington Resort is thrilled to host a three-day music festival in partnership with the S.N.O.W. series that will feature live performances from top-notch musicians," stated Matt Porter, events and partnerships manager for Killington Resort.  Some of the musicians performing include Kaskade, Snoop Dog, The Flaming Lips, Slightly Stoopid, Big Boi, Chromeo, Diplo, and Lotus.

Killington road conditions as of 8/31/11

The town of Killington has updated their website with the latest road conditions

  • RT 4 east was open from 8am to 10am and is now closed for further repair work
  • State police urge people not to go to see work progress on RT 4 west to Rutland.  It is still closed
  • East Mountain Road is closed to non-emergency vehicles
  • The culvert near Kent Pond has been repaired temporarily.  Still no access to Pittsfield
  • Stage Road access from RT 100 is closed
  • Coffeehouse Road is passable for residents
  • River Road is open from Thundering Brook to RT 100

Killington - an island town in the center of VT

Who would have thought that a tropical storm could have created an island town in the center of VT?  I never would have believed it if I didn't see it with my own two eyes.  Killington is the newest island.  Presently, the only way in, or out of town is via helicopter.  RT 4 East is washed away from the intersection of (what used to be) River Road east past Goodro Lumber.  RT 4 West is washed away just west of the intersection of Wheelerville Road.  RT 100 North is blocked at the intersection of RT 4 due to road and bridge and washouts.  East Mountain Road is impassable heading east at the Great Eastern ski bridge.  Pictures only tell part of the story.  Stay tuned for updates.

RT 4 East

Killington VT Real Estate Activity For April

Nine properties sold in Killington during the month of April.  Two homes sold, a bank foreclosure on Wobbly Lane for $210,900 and a three bedroom/two bath home on Alpine Drive for $225,000.  Six condominiums sold: a one bedroom Mountain Green for $73,000; a one bedroom Fall Line for $115,000; a two bedroom and three bedroom/loft Pico condominiums for $150,000 and $211,000; a two bedroom Glazebrook for $163,000 and a three bed room town home at the Heights sold for $360,000.  One parcel of land sold, a commercial lot on River Road for $199,000.  To view all of the Killington properties listed for sale visit Prestige Real Estate of Killington.

Killington Real Estate Market shows signs of improvement

The Killington real estate market experienced the best first quarter sales since 2008!  The number of transactions is up, the average prices are up (Note: average sales price of condos is up; too few home sales to draw conclusion), and total market revenue is up. 

Twelve properties sold this quarter, up from eight sales during the same period last year and only three during the first three months of 2009.  Two of the properties that sold were homes: one for $270,000 and one for $361,000.  The remaining ten properties were condominiums ranging in size and price from a one-bedroom Mountain Green condo for $68,000 to a four-bedroom town home at Sunrise for $350,000. 

Of greater significance is the fact that last year at this time fourteen properties were under contract and on March 31st of this year, twenty properties were under contract: twelve condos, six homes and two parcels of land.  This is a good sign for the future.

For the full story and graphics, read the latest Prestige Real Estate quarterly newsletter.