Wendy Perkins with Colorado Luxe Living

Wendy Perkins with Colorado Luxe Living Welcome to full-service Real Estate and Property Management services by Wendy Perkins

At Colorado Luxe Living, we are results driven professionals with powerful resources that we want to put to work for you. We will equip you with the best knowledge, guidance and Real Estate services in the Greater Denver area and Mountain markets. Colorado Luxe Living Real Estate is committed to providing an exceptional experience to those buying or selling Luxe real estate. See Luxe Living Rentals (luxelivingrentals.com) for our short-term rentals in Summit County, Colorado

We are officially UNDER CONTRACT!!
07/24/2026

We are officially UNDER CONTRACT!!

Welcome to 837 Sage Creek Canyon Drive in Silverthorne, Colorado.This beautifully maintained mountain home offers 3 bedr...
07/14/2026

Welcome to 837 Sage Creek Canyon Drive in Silverthorne, Colorado.

This beautifully maintained mountain home offers 3 bedrooms, 3 bathrooms, 2,009 square feet, an oversized 3 car garage, radiant heat, stunning Continental Divide views, and a private .66 acre homesite surrounded by nature.

Inside, you’ll find thoughtful upgrades throughout, including a beautifully remodeled primary bath, an updated kitchen with custom storage, vaulted ceilings, and inviting indoor and outdoor living spaces designed for every season.

Step outside and enjoy private Blue River fishing access, walking trails, open meadows, and quick access to world class skiing, hiking, golfing, and everything Summit County has to offer.

Offered at $1,550,000.

Schedule your private showing today.

Wendy Perkins
Broker | Owner
Colorado Luxe Living Real Estate & Property Management
720.365.5149
www.ColoradoLuxeLiving.com

Denver Rental Market UpdateColorado Luxe LivingWhy Fix Something That Still Works?You have probably seen the headlines a...
05/08/2026

Denver Rental Market Update
Colorado Luxe Living

Why Fix Something That Still Works?

You have probably seen the headlines about rising apartment vacancies and falling rents across Denver. The numbers are real. The problem is most headlines fail to explain where those impacts are actually happening.

For owners of single family homes, duplexes, and smaller rental properties in strong Denver neighborhoods, the market tells a different story.

At Colorado Luxe Living, we believe real estate decisions should be based on facts, not fear-driven headlines.

According to the Apartment Association of Metro Denver, apartment vacancy climbed to 7.6% at the end of 2025, the highest level seen in over 16 years. Large apartment communities have experienced increased concessions and softer rents as thousands of new multifamily units entered the market at the same time.

What matters for most independent investors is this:

Single family rentals and smaller multifamily properties have remained significantly more stable.

The Market Shift Is Largely Affecting Large Apartment Complexes

From 2022 through 2024, Denver saw an aggressive construction cycle with nearly 19,000 apartment units completed in 2024 alone.

Those projects were approved during a low interest rate environment when rents were surging. By the time construction finished, market conditions had changed dramatically.

Today, those large communities are competing heavily through rent reductions and concessions.

That same pressure has not translated equally into the single family rental market.

Why Smaller Rentals Continue to Perform

Single family rental vacancy across the Denver metro remains near 4%, roughly half the apartment vacancy rate.

Unlike multifamily construction, there has not been a major surge of new single family rental inventory.

Demand remains supported by:

• Higher mortgage rates
• Home affordability challenges
• Strong employment sectors
• Continued migration into Colorado

According to CBRE data, it currently costs approximately $2,048 more per month to own a median priced Denver home than to rent one.

That affordability gap continues to keep many residents in the rental market longer.

What Colorado Luxe Living Is Seeing

Well maintained homes in desirable locations are still leasing successfully.

Properties performing best today typically share the following:

• Updated condition
• Competitive pricing
• Responsive management
• Strong communication with tenants
• Clean presentation and professional marketing

Owners who focus on tenant retention and proactive maintenance are positioned far better than those chasing unrealistic rental rates.

What We Expect Through 2026 and 2027

Construction activity has slowed dramatically.

Industry forecasts project fewer than 5,000 multifamily units delivering in 2026, down nearly 74% from the 2024 peak.

At the same time, renter demand is expected to exceed new supply for the first time in several years.

What does that mean for investors?

The current softness appears temporary and supply-driven rather than a collapse in rental demand.

As supply tightens again, stronger pricing conditions are expected to return.

What Property Owners Should Focus on Right Now

Tenant Retention Matters

Keeping a quality tenant often creates better long-term returns than pushing aggressive rent increases and risking vacancy.

Price for Today’s Market

The market rewards realistic pricing. Overpriced rentals sit longer and ultimately cost owners more.

Maintain Property Condition

Increased renter choices mean property condition matters more than ever. Well maintained homes continue to outperform.

Colorado Luxe Living Perspective

Markets shift. Strong real estate strategy adapts with them.

The Denver rental market remains healthy for owners of quality single family homes and smaller investment properties. The data supports long-term stability for well-positioned assets, even during short-term market adjustments.

At Colorado Luxe Living, we focus on protecting investments through professional management, proactive communication, strategic pricing, and strong tenant relationships.

Because the best investment strategy is not chasing headlines. It is understanding the market before everyone else catches up.

04/30/2026

This move-in ready Penthouse features 3 bedrooms, 2.5 bathrooms, in-unit newer stackable washer/dryer, two large primary suites. One primary suite offers oversized windows, great views, and a spa-style 5-piece bath with a multi-head shower. Second Primary bedroom offers a 3/4 updated en-suite. This penthouse includes quartz countertops, stainless steel appliances, newer kitchen and bath finishes, hardwood floors, large windows, and an open-concept main level filled with natural light. Enjoy a private balcony overlooking the building’s large courtyard, complete with direct stair access to the outdoor space and pool. The home also includes two underground parking spaces, large enough for SUVs, plus added storage for bikes, scooters, seasonal items, and gear. Located near Cheesman Park, dining, coffee shops, shopping, and the best of central Denver, this Governor’s Park penthouse offers a rare mix of location, lifestyle, parking, outdoor access, and turnkey updates. Some pictures are virtually staged

This move-in ready Penthouse features 3 bedrooms, 2.5 bathrooms, in-unit newer stackable washer/dryer, two large primary...
04/30/2026

This move-in ready Penthouse features 3 bedrooms, 2.5 bathrooms, in-unit newer stackable washer/dryer, two large primary suites. One primary suite offers oversized windows, great views, and a spa-style 5-piece bath with a multi-head shower. Second Primary bedroom offers a 3/4 updated en-suite. This penthouse includes quartz countertops, stainless steel appliances, newer kitchen and bath finishes, hardwood floors, large windows, and an open-concept main level filled with natural light. Enjoy a private balcony overlooking the building’s large courtyard, complete with direct stair access to the outdoor space and pool. The home also includes two underground parking spaces, large enough for SUVs, plus added storage for bikes, scooters, seasonal items, and gear. Located near Cheesman Park, dining, coffee shops, shopping, and the best of central Denver, this Governor’s Park penthouse offers a rare mix of location, lifestyle, parking, outdoor access, and turnkey updates. Some pictures are virtually staged

Address

346 Lake Dillon Drive
Dillon, CO
80435

Telephone

+17203655149

Website

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