my Mountain News

Silver Star Sets New Interior BC Real Estate Record!

Mon, 27/02/2006 - 1:00 am

A luxury penthouse in the new Snowbird Lodge at Silver Star Mountain Resort near Vernon, BC, has set a record – over $1.5M - for the highest amount ever paid for a strata-title condominium at a ski resort in the BC's Thompson-Okanagan. Snowbird Lodge consists of fifty-four fully-furnished mountain homes ranging in size from 800 to 2300 square feet. Currently, 75 percent of the project is sold out. Snowbird Lodge has been developed by Schumann Resorts, owners of Silver Star Mountain Resort and Big White Ski Resort.

According to sales specialist Peter Berzins of Silver Star Mountain Homes, the purchaser is a very successful Australian financial planner and business owner who has skied around the world, and whose wife and three children have visited Silver Star for three years in a row. Berzins says, "After a solo jaunt to Whistler a few years ago, this gentleman flew out to the Okanagan and instantly realized that Silver Star was a tremendous place to bring his family. He believes fully in the exciting new direction that Silver Star is taking under the direction of the Schumann family, and wants to be a part of the resort's exciting future."

More than just a great investment, though, Berzins adds, "he used one word – legacy – to describe why he purchased a Snowbird Lodge property. He sees Silver Star and Snowbird Lodge as a great place to watch his family grow, and to eventually pass on to his grandchildren." Great snow quality, tremendous on-slope location, and first class luxury and amenities also figured into his decision. "He was greatly impressed by the service and attention to detail given by the project managers."

The 2300 square foot penthouse unit consists of three bedrooms and three bathrooms. There will be a custom media room, a master suite with four-piece ensuite and private deck and hot tub, gourmet kitchen, twenty foot loft ceiling in the living room, with a floor to ceiling solid maple fireplace and a flush-mounted LCD television. To enjoy the great North Okanagan weather, there is an additional 1900 square feet of deck space – fully furnished with an outdoor barbecue kitchen and a unique 'extreme hot tub' with built in LCD television, stereo sound, and high-speed Wi-Fi internet connectivity. In addition, all members of the family and their guests will be able to use the fitness and entertainment amenities found in Club Snowbird.

Schumann Resorts hav invested in excess of $54 million in infrastructure and new accommodations since purchasing Silver Star Mountain Resort in 2001. On March 4, Silver Star Ski Resort Ltd. will orchestrate the first sales of new lots in ten years with the release of forty-nine fully-serviced lots in the Alpine Meadows subdivision. Alpine Meads is located just a short walk above the charming Victorian village centre at the base of the freestyle jump and on the Attridge ski runs.

Silver Star Mountain Resort is located 18 kilometers (12 miles) east of Vernon, BC, and an hour's drive from Kelowna International Airport in British Columbia's Thompson-Okanagan Tourism Region.

For more information, contact:

Michael J. Ballingall, Senior Vice President, Big White and Silver Star Mountain Resorts (250) 765-3101 – e-mail: mballingall@bigwhite.com

Greg Lowe, Director of Sales and Marketing, Silver Star Mountain Homes, (250) 549-1055, cell: (604) 786-7566, e-mail: greg@landlaunch.com

Steven Threndyle, Media Relations Officer, Big White and Silver Star Mountain Resorts, (250) 764-2143, e-mail: sthrendyle@bigwhite.com