Burlingame lots draw lots of local applicants | AspenTimes.com

Burlingame lots draw lots of local applicants

Kimberly Nicoletti

Only seven applicants will win the first lottery for worker housing lots at Burlingame Ranch, but for the next few days, 175 people will dream of building their home there.The Aspen-Pitkin County Housing Authority accepted 97 applications for the five resident-occupied lots priced at $150,000 and 78 for the two Category 6 lots priced at $119,400. The acceptance period began Jan. 23 and continued until 4 p.m. Wednesday. “We almost never have an opportunity to sell any lots – it’s very rare,” said Tom McCabe, executive director of the housing authority. “We’ve had an incredible demand. With a lot, you can build what you want – within limits of design, square footage and caps. That appeals to an awful lot of people because it’s not ‘as is,’ it’s as you want it to be.”After checking all bid packages for compliance, the housing authority will hold a lottery at noon Monday. It will post a list of the winners immediately on the housing authority office’s door opening to Main Street, then will contact the winners by phone, McCabe said.Buyers must sign a contract and pay $2,000 earnest money within three days of the lottery, otherwise the lot goes to the next in line. Lot buyers can begin construction in July. Houses may be up to 2,200 square feet, plus a 500-square-foot garage. Construction costs for each of the five resident-occupied lots cannot exceed $640,000, and costs for the Category 6 lots are capped at $428,100. Six more lots will come on the market in April: three Category 7 parcels priced at $122,600 and three resident-occupied lots priced at $150,000.The first phase of Burlingame Ranch will include 83 townhome-style units, which are under construction. Lotteries for those will be this summer. Burlingame is north of the Maroon Creek Club on the outskirts of town.”The people who are chosen have a great opportunity,” McCabe said. “Right now, it doesn’t look too special – a lot of dirt and snow in piles – but it’s going to be incredible.”Kimberly Nicoletti’s e-mail address is knicoletti@aspentimes.com


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