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Timberline Rim Sales Are Up
Timberline Rim is a subdivision located along the Sandy River. It strides the river with a small portion on the South side of the Sandy River and the majority of the subdivision on the North side of the river. Since the real estate bubble burst sales had slumped in the Timberline Rim development.
The "Rim" as it's know locally, is one of the more popular areas on the mountain. Primary and second home owners enjoy the amenities of the swimming pool in the summer, paved streets, a lodge, and the convenience of community water and sewer. The Rim has some of the most affordable home owner's association dues on the mountain. For an update on what's happening in Timberline Rim, visit www.timrimcommunity.org This site provides handy contact information for board members, HOA, water system info.
Sales have picked up over the past year with seventeen homes closing! Only three of those sales were bank owned properties and one short sale. This bodes well for 2014 real estate in this area. Currently there are three Rim homes pending and five available for purchase. Check out today's inventory of Timberline Rim homes for sale.
Here's a quick look at the seventeen sales for the Rim.
Mt. Hood Express Bus
If you haven’t noticed there’s a new bus in town. It’s called the Mt. Hood Express and it’s a new and exciting addition to the mountain. Great things are happening in Clackamas County and a recent Federal Lands Access Program grant of $476,000 has expanded the old Mountain Express, which expired in 2013, to an even bigger and better option for residents, workers and tourists to get to Government Camp and Timberline Lodge at a very affordable rate. The collaboration between Sandy, the Mt. Hood National Forest and required private grant match funding with the Resort at the Mountain, Ski Bowl and Timberline make the $2.00 ticket very affordable.
Transportation to the mountain has evolved over the years but it's always been a challenge with a challenging road to Timberline and today's clogged roads and limited parking. Old School transportation was the Skiway. See the video below of the tram. The Skiway tram was built in the 1950's and loaded passengers on a tram bus that cabled up to Timberline Lodge starting at today's Thunderhead Lodge.
New School
Mt. Hood Express Bus Schedule download here
How did the bus system evolve and where did the grant come from?
What closed on Mt. Hood in January
Sales are in from January 2014 for the mountain area. Good news on the higher priced end with four sales in the $300,000 range. More great news is that they were all in the Welches and Rhododendron area vs. Government Camp. This bodes well for this pricing point to start off the new year. Last year around 26% of sales were over $300,000 on the mountain with the majority of the higher end sales in Government Camp.
Mountain sales hit the entire spectrum last month from subdivisions including the Resort at the Mountain, Timberline Rim, Zig Zag Village and one Condo at Fairway Estates. Only one forest service cabin closed.
Despite sub-freezing temperatures at the beginning of February and our resent monsoon rains, this President's weekend brought a huge crew up to the mountain to take advantage of the new snow. Better late than never! This week should be an exceptional one for skiers and boarders!
Mt. Hood January Real Estate Sales
Sales are out for January on the mountain. Considering we had tons of sun and accessibility was good, closed sales continued into January after an exceptional fourth quarter for 2013! Our pending sales are holding steady and up from last January. The total market time is still showing a high number of days reflecting that we are still working on older inventory that is moving.
News stories abound on lack of inventory but the mountain still has plenty to choose from and we expect a robust year with new listings coming on the market as we head towards spring. Continued low rates make purchasing right now an exceptional time to buy a home. Most expert predict we will see a full percentage point increase by this time 2015. This could easily increase a payment by $200 per month!
Septic Tanks on Mt. Hood
Septic tank replacement and installation is something we deal with on a regular basis on Mt. Hood. Many of our properties were built in the 1930s and 1940s so the time is coming where a tank replacement or system replacement is coming due.
Many of our cabins, including forest service cabins on leased lands, are used on a fairly limited basis. Some owners use their cabins every weekend and others once a month. It’s not unusual at all to find 300 gallon septic tanks used with older septic systems.
Today’s regulations have changed for septic tanks. DEQ requires new tanks to be at minimum 1000 gallon tanks. Check out the tank that was recently installed at one of my listings at the forest service.
It does look like it’s as big as the outbuilding!
If you’re interested in what the current standards for septic tank replacements are, check out the info Clackamas County is providing for 2014. Don’t forget, if you have a cabin in the Mt. Hood National Forest, your first step will be to contact the forest service and get permission first!
Salmon Riverfront Four Bedroom Home Just Listed
Location, location, location. This four bedroom home is located right on a branch of the Salmon River. The Salmon River is one of the most sought after rivers to purchase property. It flows through Welches, Wildwood Park and down to Brightwood where it empties into the Sandy River.
It boasts a huge great room with a floor to ceiling wall of windows that look out on the forest and the river. A cozy river rock fireplace highlights the living room and the open floor plan to the kitchen and dining area make a perfect gathering place for friends and family. Sit out on the deck and watch the river flow by on your junior acre just down the street from the Mt. Hood National Forest. Hikers will love this location. Skiers will enjoy the short drive to premium ski areas. Mountain bikers have access to trails and the new Sandy Basin Park for nationally known mountain biking trails.
Plenty of room to sleep a bunch at this home. $440,000
More information on 69355 E. Island Road Welches Oregon
View all Mt. Hood Waterfront properties currently for sale.
Top Ten Reasons To Hire A Real Estate Agent
Tuesday Morning Inspiration
Hit the coffee below for your Mt. Hood Inspiration.
Displaying blog entries 1-9 of 9
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