2-park-city

Recently former Dallas mayor Tom Leppert sold his $6.2 million ski-in, ski-out house, right near the Dreamcatcher Lift in Park City Utah. It was sold at auction to another Dallas family who bought it for their grandchildren. Now here is the best part of the story: the family already owns a home in Deer Valley. They just wanted a place for the grandchildren to ski where snowboarding was allowed. So of course, they bought a house in Park City. Got a good deal, too: $4.2 million. The auction was conducted by the good folks at Heritage Auction here in Dallas.

The vacation home market is estimated to be at $100 billion worldwide, and a lot of it is because of grandparents wanting fun for their grandkids. In New Orleans at NAREE this month, I gathered five top vacation home experts, including Bill Furlong of HomeAway, Jackie Doak of Dart Enterprises Ltd., the developer of Camana Bay on Grand Cayman Island, Hunter Harman, Broker/Owner of Berkshire Hathaway HomeServices Beach Properties of Florida, Tina Necrason of Montage Hotels & Resorts, and Tyler Niess of Crescent Communities.

Vacation home sales are robust but not as furious as they were in 2014. Still, 920,000 vacation homes were sold in the U.S. in 2015, the 4th highest number in NAR survey’s 13-years. In 20015, 16 percent of all US home sales were vacation homes. In 2014, 21 percent of all were vacation homes, according to the National Association of Realtors.

The median price vacation home is now up to $210,000 in 2015 from $197,200 in 2014. To find out where the hottest markets are — surprising! —  and see the entire panel in full video, click on over to our sweet sister blog, SecondShelters.com.

Photo: E.J. Murphy Realty

Photo: E.J. Murphy Realty

This Connecticut country estate is absolutely delicious, with a pool, gorgeous gardens, and room to run around. It also hearkens to a time when a second home wasn’t a long journey from a primary residence, says Deidre Woollard:

These days we tend to think of second homes as being located as a plane flight or at least a several-hour car ride from the primary residence, but it wasn’t always this way. In the days before cars, a smaller distance might provide all the respite necessary.

Case in point: Weather Watch Farm, a country estate in Litchfield, Connecticut. The 28-acre estate offers rolling green vistas and tranquil meadows just as it has for centuries. The estate includes a colonial farmhouse that dates back to the 1800s and was once home to the Howe family among other residents.

Read more from Woollard about this picturesque estate on SecondShelters.com today!

840 Highridge Front

Photos: Shoot2Sell

Today’s Friday Five Hundred comes to your eyeballs from Little Elm, and it’s a lake side 1980s soft contemporary to get your weekend mojo going. Perfect as a main residence or a place to while away your spare hours with a boatload of friends, admiring the gorgeous sunsets over Lake Lewisville.

It’s rare to find a home that would work well as both a main residence and a vacation property, but 840 Highridge Dr. fits that bill to a tee! With four bedrooms, three full and one half bath, and two-story sweeping views of the lake and downtown Frisco, there’s not much more you can ask for in this contemporary lakehouse.

And considering that it’s in the high-achieving Little Elm ISD, you could raise an outdoorsy family in this beautiful waterfront abode, too.

(more…)

20132752_0

The cold weather means we’re watching more TV and we fell in love with the new HGTV show Beachfront Bargain Hunt.

The show scours seaside towns for the best deals for second home buyers who want a place to escape to with some rental potential.

Find out what we love about the show over on SecondShelters.com.