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.
