Knight Frank and Erna Low Property have been appointed the joint agents for the UK and Ireland for the $1 billion four-season Revelstoke Mountain Resort in British Columbia, Canada.
This is the first time since the launch of the resort in March 2007 that any of the real estate offerings have been marketed outside North America.
Revelstoke Mountain Resort is expected to be completed over 15 years and will include over 5,000 new housing units (1,500 apartments, 2,000 hotel suites, 850 town houses and 550 private plots), as well as more than 500,000 square feet of commercial and retail space, and a golf course.
The resort’s first real estate offering, 59 homes in the multi-phased ‘Nelsen Lodge’, sold out in three hours last March; a further selection were released the same day, with more than 80 percent of the homes sold ($70 million worth of property, with over 50 percent of buyers coming from the U.S. and overseas).
Nelsen Lodge Two, the closest of the three apartment buildings to the slopes, comprises studio and one, two and three bedroom apartments and penthouses.
Every year, more than 8,000 helicopter and snowcat skiers from around the world visit Revelstoke.
With the development of Revelstoke Mountain Resort, over 20 lifts and more than 100 ski and snowboard runs are being created, transforming the area into a world-class resort. An eight-person, $22-million gondola and a high-speed quad chairlift represent the first stage of construction and additional gondolas and chairlifts are expected to be completed in the winter of 2008/09.
Revelstoke will boast North America’s longest vertical descent: 6,000 feet of lift-serviced vertical and the recent acquisition of Selkirk Tangiers Helicopter Skiing and CAT Powder Skiing will seal the resort’s reputation as a one-stop destination for helicopter, snowcat and lift skiing.
• ONE OF Crans Montana’s last remaining authentic chalets is on sale through Knight Frank. Built in 1789 and overlooking the Valais Alps and Lake Grenon, this charming chalet is priced at CHF 4,850,000.
With its traditional mountain-style architecture and interiors, the property is spread over three floors and has five bedrooms and five bathrooms. Outside, there is a garden with a stream.
A resort since 1893, Crans-Montana is one of Switzerland’s most well-known ski destinations and occupies what is claimed to be the sunniest plateau in the Alps with breathtaking views across the Rhone Valley and the mountain peaks of the Matterhorn and Mont Blanc.
Crans-Montana is a large, cosmopolitan resort with over 60 international restaurants, a range of shops, lively nightlife and culture.
For summer pursuits, there is an equestrian centre and two golf courses.
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