If you're not looking for full ownership of a residential property there are other options. Buy land and build your own home. Buy a quarter share of a property and enjoy one week a month there. Or start your business in town with a commercial space.
Land
Only about 20% of the land in Summit County is privately owned. And like Mark Twain says, they aren't making any more land. As a result, parcels are generally smaller with a large lot being an acre. If you head north on Hwy 9 you will get to some neighborhoods offering 20 acre parcels but large acreage is hard to find. If you do find it, it is expensive.
Partial Ownership
If you are looking to buy a vacation home for part time use, partial ownership may work for you. You can only buy a fraction of the property for a fraction of the price. Management of each property varies. It's important to know if all expenses are included in the dues or if property taxes and cleaning fees, for example, are paid in addition to the dues.
Commercial Property
Commercial properties in Summit County are generally commercial condos and not an entire building. However, if the commercial space is in an old building like those on Breckenridge's Main Street, breaking it into commercial condos is less likely so in that case, the entire building is probably owned by one owner and leased to the various business. When a commercial space is listed for sale, one or more businesses may currently be leasing the space. Those leases would need to be honored.
