Steamboat Springs sees new luxury resort and residential developments

Steamboat Springs is seeing significant luxury real estate development near the Steamboat Resort base area.

Stockman Development, led by Marquee Development, has secured $482.5 million in financing from GoldenTree Asset Management for The Stockman, Auberge Collection. The project, which has broken ground, is slated to open in 2030 and will feature 95 ski-in, ski-out private residences alongside a 59-key Auberge Collection hotel. Early residential demand has been noted, with over 25 percent of residences under contract, including a $19 million residence.

In a separate project, Orion Real Estate Investment & Development and Blue Sage Ventures have broken ground on Wildair. Located at 1830 Ski Time Square Drive, this 20-unit luxury residential development is designed as a year-round mountain retreat. The land for the Wildair project was reportedly purchased for $3.25 million in March 2024.