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Frisco Prime; a new restaurant in Frisco, Colorado

by Meredith Adams

The sign has gone up but the doors are still closed.  I haven't heard when the new restaurant will be open for business but I will be keeping an eye on it!

According to some history on OpenTable and the Summit Daily, the back bar of the Blue Spruce building was built in Brunswick, New York, around 1860 before being transported to Denver.  It was taken by wagon to Black Hawk where it was part of the Royal Flush Saloon.  At some point, it was dismantled, brought to Summit County and re-assembled.  The Blue Spruce Inn opened in 1940 near Farmer's Corner.  It moved to it's present location in 1974.  2017 brings yet another chapter to this decades long story when the Blue Spruce closed.  We are anticipating the opening of Frisco Prime in 2018.

Frisco Prime is rumored to have the same owner's as Vinny's, an Italian restaurant just down the street.  I don't know if that rumor is true but the V on the Frisco Prime sign makes me think it could be accurate.

#FriscoPrime #FriscoColorado

Race of the Santas and more weekend fun in Summit County

by The Mountain Living Team

​​Running of the SantasAre you in need of some holiday spirit this season? If so, Breckenridge has the cure this Saturday. Join in a sea of Santas as they run down Main Street Saturday, December 3rd.  There are young Santas, old Santas, female Santas, thin Santas. You have never seen so many Santas!  The race starts at 4:30 but you'll find them roaming the streets at the holiday market that begins at noon, or maybe walking the dog that is dressed as a reindeer during the dog parade.

After the Race of the Santas, stick around for the Lighting of Breckenridge when the holiday lights are turned on and the town tree in Blue River Plaza lights up.
 
If you're still feeling festive, head to Frisco's Main Street for a taste of Wassail from local merchants during Wassail Days.  Wassail is a mulled cider that dates back to midieval times. Two traditions are connected with it.  One awakes the apple trees and ensures a good harvest next season, the other offers blessings in exchange for food and drink.  Recipes vary, some with alcohol, some without but It is typically served warm during the holidays.  Stroll along Main Street and try them all and then vote for your favorite.  Wassail Days runs from December 1 thru 10 so get out there and try this historic drink.

 

 

The ever changing landscape of restaurants in Frisco

by The Mountain Living Team

The Blue Spruce Inn has served its last meal in Frisco.  A local establishment since the 1940’s, The Blue Spruce Inn is out.  The rumor mill has suggested Vinny’s, an Italian Restaurant currently near 4th & Main, will be moving into the Blue Spruce building.  Vinny’s is a great restaurant that currently has a much too tiny space.  If the rumors are true, and they can capitalize on the space without losing anything, it will be a fantastic change for Frisco.  The current Vinny’s location will be the home of a new restaurant endeavor.

Meanwhile, The Boatyard has completed their addition and interior renovation and recently re-opened as Uptown on Main.  They still have the same great patio out back but have moved the front bar into the new addition and modernized everything.  It’s fresh and I guess, “uptown.”  Our first visit to the new restaurant was a happy hour gathering with friends.  We left feeling like we didn’t quite get our money’s worth.  It was pretty good but a little pricey.  We’ll certainly give them another try after they have been up and running a while before we make a final judgment.

Other changes that happened this year in Frisco include Gonzo’s coffee that took up residence in the old Starbuck’s location off Summit Blvd. Starbucks moved into a brand new development just down the street.  It’s where the old Christmas tree lot used to be every year.  It’s now a Natural Grocer, Which Wich & Starbucks.  Smiling Moose has moved out, both the Frisco and Dillon locations.  I’m not sure the circumstances behind that but it was a quick getaway, leaving everything behind.  I haven’t heard about what may replace them yet.

It's always nice to get some fresh, new restaurants in Frisco.  Unfortunately, it sometimes comes at the expense of some old standbys that we loved.  

Foote's Rest redevelopment approved

by The Mountain Living Team

Foote's Rest Sweet ShoppeThe town of Frisco approved the Foote's Rest development that would add a hotel, restaurant and bowling alley in the current Sweet Shoppe location and relocate the historic building.  They have said they are willing to place a historic building tag on the Foote's Rest building in order to preserve it's place in Frisco's history.  More details are available in a Summit Daily article. The timing of the development is still up in the air.

Foote's Rest was previously a mercantile & gas station and before that a grocery and post office.  The historic building to be relocated is known as the Staley-Rouse House, built by the Staleys in 1908.  Unfortunately, Mr Staley was killed in an unrelated wagon accident during the construction of the home and never lived in it.  His wife and children moved in upon completion in early 1909.  Electricity was added by Larry Wright, one of the future owners, in 1972.  Read more about these buildings in the nomination form for the Colorado Historical Society.

Market Comparison: Frisco vs The Highlands

by The Mountain Living Team

With the low inventory levels in the real estate market buyers are being forced to look outside their initial target area in order to have more to choose from.  That means the area that they have been following during their search may not be where they end up looking and/or buying.  As a result, they can be less informed about the area and what to expect in property values.  

Recently, buyers we have been working with expanded their search from Frisco to The Highlands in Breckenridge.  They were curious as to how The Highlands compares to single family homes in Frisco.  I did a little research and put together a few charts to help them determine if The Highlands was, financially, a place they wanted to be. 

Average Sale Price

The average sale price in the Highlands is much higher than it is in Frisco.  Because of the higher price point I think it makes the market more volatile; reacting more substantially to economic trends.  


Average Price Per Square FootThe  average price per square foot is surprisingly similar given the difference in sales prices.  Frisco is more inconsistent.  I believe that is because the single family homes in Frisco vary more in age and quality than we see in The Highlands.  An abundance of any type of home sales can swing the averages for that year. 

Average List to Sales PriceThe average list price to sales price ratio tells us how much sellers are coming off their list price.  This is based on the current list price at the time of the sale and doesn't include any price reductions made prior to an offer being accepted.  More properties on the market typically will push sellers into deeper discounts in order to secure a buyer.

Average Days on Market

This chart tells us that most of the time a Frisco home will sell quicker than a home in the Highlands.  It also shows us the average days on the market is a largely fluctuating number and that we are currently in a downward trend meaning homes are selling quicker than in the past.  

As with any averages, it must be understood that before making matter of fact claims the numbers must be dug deeper into.  A few sales can impact an average made from a limited section of data.  The Summit County market is a small market making it more susceptible to a few sales.  If you have questions about any of these statistics we are happy to dig deeper into them and provide you the information you need.  Just let us know via email or a comment on this post.

Frisco's BBQ Challenge 2016

by Meredith Adams

Frisco's BBQ ChallengeIt's that time of year again!  The unofficial start of summer in Summit County means it's time to close off Main Street in Frisco and bring in the barbecue, beer & live music for the 23rd Annual Colorado BBQ Challenge.  Friday and Saturday, June 17th & 18th will be loaded with fun for the whole family.  If you haven't made it out yet, come on out and see what the talk is all about.

About 70 competitors will be grilling up their best barbecue in anticipation of a blue ribbon and a chance to compete in the American Royal, the world series of barbecue cook offs.  Not all competitors sell to the public but there will be six blocks of vendors on Main Street so there won't be any shortage of good food and beer to indulge in.  Check the Summit Daily, our local newspaper, for a vendor map on the day of the event and make it easier to find your favorite barbecue.  Look for last year's top ten, overall winners:  Shake 'n Bake, Backdraft BBQ, Gettin' Basted,  True Bud BBQ, Porky Butts, Crazy Coyote, 3 Li'l Macs, Bubba Q's, Smokin' Triggers, and the Celtic Pig.  See a complete list of last year's winners in all categories on Frisco's website.

Barbecue Challenge in FriscoThroughout the day on Friday and Saturday you and your family can watch the pig races, ride a mechanical bull, play in the bouncy house and listen to some great live music all in addition to eating barbecue brisket, chicken and ribs, berry kabobs, funnel cake, and roasted corn on the cob.  Enjoy a variety of live music all day long too with 8 different bands playing plus a kick-off concert on Thursday night.  See the Saturday's BBQ Challenge schedule, Friday's BBQ Challenge schedule, and info on Thursday's concert.

Summit County has so many events happening all year long.  No matter what you enjoy odds are there is an event that celebrates it.  Here are just a few blog posts we have written over the years about some of the Summit County events.

The Clubhouse - a new bar in Frisco

by The Mountain Living Team

This winter a new bar opened it's doors on Main Street in Frisco.  In the old Upstairs at Johnny G's is a new establishment called The Clubhouse.  We had an opportunity to check it out for happy hour recently.

It's upstairs in the Frisco mall so it may be a little harder to find and not yet established so it was pretty empty when we were there.  It's a nice establishment with a large bar, small bar tables around and a few couches and chairs around a nice fireplace.  It's a very nice atmosphere.  

The menu is small offering maybe eight items.  We had the pork sliders, the hummus and the pig and fig flatbread.  All of it was very good.  

The beer on tap was also limited.  I think they specialize more in signature cocktails.  Jason had a bloody mary that he enjoyed.  All drinks were $1 off for happy hour.

The reason for the name is because you can play golf while you're there.  You can golf at the course of your choice for $50 per hour.  While we were there several people gave the game a try.  It seemed to be just as frustrating as the real thing.

To sum it up, The Clubhouse is a great spot to hang out with friends.  The menu is limited but everything we tried was very good.  The service was great too.  We will be back again.

 

Properties are scarce in Frisco right now

by Meredith Adams

Are you looking for a home in Frisco?  It is slim pickin’s right now.  As I’m writing this there are only 21 residential properties for sale in Frisco.  The lowest priced is a 3 bedroom condo for $428,000.  Only 12 of the 21 properties are priced under a million dollars.  There are 12 additional properties under contract.  11 of those are priced below a million dollars.  Frisco had 223 sales in 2015, which works out to be about 18 sales per month.  The beginning of the year is typically a slower time of year for us.  January in 2015 only had 6 sales.  There have already been 9 sales this January.

Market conditions like these can result in multiple offers on properties.   The shortage of inventory makes the buyers stack up as they wait for something to come on the market and often leaves them competing for properties.   As we head into summer we see more and more properties come on the market.  That will help alleviate the property shortage and even out the buyer/seller mix.  Even at our peak inventory level in 2016, I don’t anticipate having an abundance of properties.  I expect the Frisco market to be a seller’s market all year long.

Multiple offer situations can complicate a property sale as the seller has to determine the best course of action for handling all the buyers.  We will be posting additional information about handing multiple offers soon.

Summit County real estate market Fast Facts

by The Mountain Living Team
  • Residential sales in Frisco this year will wind up being approximately equivalent to the number of sales in 2006 and just below 2007 numbers.
  • The current median sale price is Frisco is 25% higher than the recent low experienced in 2010 & 2011. 
  • Frisco's median sale price is the highest we have seen in the last 10 years.
  • Frisco's residential sales numbers are 21% higher than at the same time last year.
  • Summit County's median residential sale price is 14% higher than the recent low in 2011.
  • Summit County's residential sales year to date are up 13% over the same period in 2014.

Last minute 4th of July plans

by Meredith Adams

If you haven't made you plans for the 4th of July yet this year, just come up to Summit County.  It's cooler than the Denver Metro area and there's a lot going on.  Click on the town name to link to their website with details about their activities & events.

Breckenridge
7am  10k trail run
9:30am  Firecracker 50 bike race
10am  Parade
12:30pm  Viper car show
1pm  Kids water fight
2pm  Live music
8pm NRO at Riverwalk
9:45pm  Fireworks

Dillon Amphitheater
7pm  Forever in Blue Jeans, Neil Diamond tribute band
10pm  NRO Performance

Frisco
8am  Pancake breakfast
9am  Fishing Derby
10am  Summit Concert Band
12:30pm  Parade
1:30pm  Live music by Guild of Ages
3:30pm  Drum circle
7:15pm  The Long Run, Eagles tribute band
9:30pm  Fireworks

Keystone
8am  Fishing Derby
9am  Super Slimy Science
10:30am  Bike decoration party
11am  Bike parade
11am  Ala carte BBQ
12pm  Live music by Trout Steak Revival
7pm  Live music by The Burroughs
9pm  Fireworks

 

Frisco's 4th of July Parade

 

 

Displaying blog entries 1-10 of 31

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Photo of Jason & Meredith Adams Real Estate
Jason & Meredith Adams
Mountain Living Real Estate
PO Box 4115
Frisco CO 80443
888-666-0844