Beaver Creek Resort, Colorado

Bachelor Gulch, Colorado

Complete Home Development Transaction. Purchased land and built a 10,000-square-foot custom ski-in/ski-out home at a total cost basis of $11,400,000. Sold in a declining market in 2007 at Bachelor Gulch record price of $14,500,000. This is one of seven investment properties owned and managed by Kevin Hayes in the Bachelor Gulch ski-in/ski-out community.