2333 Upper Traverse Way, Unit A
Vail, Colorado
Overview Details Location Eligibility Lottery Apply Resources Contact Us
Discover Chamonix Vail
This modern townhome offers a bright layout perfect for mountain living. The thoughtfully designed kitchen serves as the heart of the home with contemporary cabinetry, stainless steel appliances, and an expansive island that flows into the living area. A cozy fireplace adds warmth to the space, while the attached one-car garage and additional driveway parking provide essential convenience for year-round residency.
The living experience extends outdoors to a private patio, providing a quiet spot for relaxation or hosting friends in the mountain air. Upstairs, the primary bedroom suite and additional guest rooms provide comfortable retreats with large windows that invite in plenty of natural light. Practical features like a dedicated laundry area and ample storage for gear ensure the home is as functional as it is inviting.
Situated in the unique Chamonix Vail neighborhood, the home is part of a community centered around a shared garden and gathering space designed to foster connection among neighbors. This West Vail location offers easy access to nearby grocery stores, restaurants, and shops, while world-class skiing and hiking trails are just minutes away. This property offers a great combination of modern construction, community spirit, and everyday convenience in the heart of Vail.
Property Details
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List Price: $625,350
Deed Restriction: This property is subject to the Deed Restriction Agreement to be executed at closing and the current Chamonix Vail Employee Housing Guidelines.
Maximum Sales Price (MSP): Determined by the terms outlined in the deed restriction.
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Type: Townhouse
Bedrooms: 3
Bathrooms: 3
Basement: None
Garage: Attached, 1-car garage
Parking: 1-car garage + 1 surface/driveway
Square Footage: 1,509 sq ft
Year Built: 2017 -
Annual Property Tax: $1,966.56
Tax Year: 2025HOA Dues: $560/month
Included in HOA: Landscaping, snow removal
Utilities:
Electric: $120/month
Gas: $60/month
Water: $120/month
Trash: $28/month -
Open House 1: June 24, 2026: 10:00 PM - 12:00 PM*
Open House 2: June 26, 2026: 1:00 PM - 3:00 PM*
*These open houses will be the only opportunities to view the home.Lottery Application Open: Monday, June 22, 2026
Lottery Entry Form Due: Friday, June 26, 2026 by 4:00 p.m.Lottery Drawing Date: Tuesday, June 30, 2026
Lottery Drawing Results: Tuesday, June 30, 2026 - published by Town of VailQualified Buyer Applications Due: Sunday, July 5, 2026
Qualified Buyer Selection Target: Monday, July 6, 2026Binding Offer Target: Friday, July 10, 2026
Closing Target: Monday, August 10, 2026
Eligibility & Restrictions
Owners are subject to the following requirements, which are verified annually to ensure continued compliance:
Occupy the home full-time as their principal residence.
Work an annual average of at least 30 hours per week for an Eagle County business.
Earn at least 75% of their income from Eagle County business activity.
Own no other residential property in Eagle County.
Review the Deed Restriction and Chamonix Vail Employee Housing Guidelines for complete requirements.
Homebuyer Selection Lottery
Lottery Applications may be completed online via the link below:
Link: https://portal.laserfiche.com/d8672/forms/2333Achamonixlottery
The Lottery Entry application is a light-weight, disclosure-heavy, self-certification form - designed to be quick and informative.
Each complete Lottery Entry Form receives one lottery ticket. Applicants may receive up to two additional tickets, for a maximum of three:
One ticket for submitting a complete Lottery Entry Form.
One additional ticket if the applicant does not own non-deed-restricted (free-market) improved residential real estate within the Town of Vail.
One additional ticket if the applicant was a Qualified Applicant in a Town of Vail housing lottery within the previous 24 months and was not selected for purchase.
The lottery drawing will take place on Tuesday, June 30, with results published by the Town of Vail. The drawing determines the order in which applicants may be invited to complete the Qualified Buyer Application. It does not determine eligibility or guarantee the right to purchase.
Be prepared! Top-drawn applicants will be invited to submit a complete Qualified Buyer Application, which will be due five calendar days after the lottery results are posted. If the first drawn applicant is not qualified or prepared, the Town will proceed to the next applicant in drawing order.
The Qualified Buyer Application will require documentation, including:
A current mortgage prequalification letter demonstrating the ability to finance the $625,350 maximum resale price.
Federal income tax filings from the previous four years and an executed IRS Form 8821 or equivalent.
Documentation of current and prior-year Eagle County employment and income. (W2’s or pay stubs)
Proof of residency and valid identification.
Documentation supporting each additional lottery ticket claimed.
Disclosure of all residential real estate ownership interests.
Proof of completion of an approved homebuyer education course.
The approved Qualified Buyer must submit a written, binding offer to the seller within three business days after notification by the Town, estimated to be Friday, July 10, 2026.
Submitting false, incomplete, misleading, or unverifiable information will result in immediate disqualification from purchasing the property.
How to Apply
Lottery Entry Form Application (Due Friday, June 26, 2026, by 4:00 PM)
Contact Us
Our team is here to support you every step of the way. For more information, please contact:
Jesus Camunez
970-328-8772
jesus@valleyhomestore.org