On November 6, 2024
Real Estate/Rentals

Killington Grand Hotel sale sets new sales record

Submitted

The most expensive interval ownership condominium in Killington was sold by Killington Pico Realty on Nov. 1, for $210,000–one of two interval condominiums in Killington to sell for more than $200,000 in the same week. For perspective, this same interval condominium sold just 16 months ago for $134,000. Krista Mosher and Jessica Posch of Killington Pico Realty brokered the sale.

The Killington Grand Hotel is a four-star luxury hotel boasting 200 well-appointed rooms, each with breathtaking views of the surrounding Green Mountains. Owners have 13 weeks to use, rent, or trade vacation destinations around the world. Owners enjoy a range of world-class amenities, including a luxurious spa, fitness center, outdoor heated pool and hot tubs, elegant common areas, fine dining at Preston’s Restaurant, ski, and bike storage, valet services, an exclusive owner’s lounge, and direct access to the ski lifts and summer attractions via the distinctive footbridge over Snowshed Pond.

This 2-bedroom lockout unit offered over 1000 square feet of living space with sleeping accommodations for 10 and featured a well-equipped kitchen with granite countertops, a generous living area with a sleep sofa and Murphy bed, two full bathrooms, and a private balcony with stunning views of the Green Mountains.

Broker/owner Kyle Kershner, also an owner at the Grand Hotel, postulated that the recent bidding wars are the result of tremendous pent-up demand after a record-breaking four-month period this summer during which no units were available for sale. While prices in Killington have appreciated dramatically across all residential real estate categories, demand for luxury slopeside lodging has significantly outpaced all other property types.

Perhaps as important in driving demand, the Killington Grand Hotel is located steps away from the highly anticipated Killington Village, scheduled for groundbreaking in 2026. 

Passionate skiers, snowboarders, mountain bikers, and savvy investors have recognized this unique opportunity to stake a claim at ground zero of New England’s most exciting new development in decades. 

Only one unit is currently for sale at the Grand Hotel, and as demand continues to exceed supply, units should experience further price appreciation.

For more information, visit: KillingtonGrandHotelForSale.com.

Do you want to submit feedback to the editor?

Send Us An Email!

Related Posts

Downtown Rutland hotel project moves forward as mayoral election looms

February 20, 2025
By James Kent At a press event Thursday morning, Feb. 20, Mayor Doenges and developers from Center & Wales LLC signed a letter of intent, marking a formal commitment to move forward with the $40 million investment that will reshape the corner of Center and Wales streets. The project will bring a seven-story, mixed-use building…

Candidates for Killington Select Board answer questions

February 19, 2025
Tuesday night, Feb. 18,the  Killington Pico Area Association (KPAA) held a forum for the four candidates vying for two seats on the Killington Select Board. One seat is for a 3-year term; the other a 1-year term. Incumbent Chris Karr will face a challenge from Patrick Cushing for the 3-year seat. Karr is the owner…

Richard T. Godfrey, Jr., 96

February 19, 2025
Richard T. Godfrey, Jr., beloved husband, father, and grandfather, died of natural causes on Wednesday, Feb.12, at the White River Junction VA Medical Center.  “Dick” was born July 08, 1928, in Norton, Massachusetts, to Richard T. Godfrey, Sr., and Grace (Howard) Godfrey. In 1946, he graduated from Segreganset Agricultural School in Segreganset, Massachusetts. Upon graduation,…

Rutland County employers get over $100,000 in unclaimed property

February 19, 2025
Vermont Treasurer Mike Pieciak joined Rutland Mayor Mike Doenges on Thursday, Feb. 13, to return over $100,000 of unclaimed property to Rutland County employers. The event was held in connection with the Treasurer’s Claim Your Money campaign, an effort to return at least $1 million of unclaimed property to Vermonters in the month of February.…