Deed Restricted Opportunity On Savoy Place

Welcome to 2355 Savoy Place, a wonderful opportunity for qualified local buyers to put down roots in Steamboat Springs. This deed-restricted home offers two finished bedrooms, additional living space in the partially finished basement, and an unfinished area providing flexibility and future potential for the new owner.

The sellers have upgraded the main living area with Pergo XP+ laminate wood flooring, creating a warm, durable and easy-to-maintain living space. Outside, enjoy both front and back yards with a sprinkler system that can be controlled remotely, plus the convenience of a detached two-car garage.

The property is subject to a Yampa Valley Housing Authority deed restriction, and buyers must qualify prior to purchase.
Key requirements include:

Buyer must work a minimum of 1,800 hours annually/full-time for a business located in Routt County
Household income may not exceed 120% of Area Median Income (AMI)
Housing payment may not exceed 30% of monthly household income
Qualified owner may not have more than $454,530.01 in post-closing assets
Property must be the qualified owner’s sole and primary residence
Qualified owner may not reside elsewhere
There is no appreciation cap

Potential buyers are encouraged to begin the qualification process early. Please contact Araceli Googins with Yampa Valley Housing Authority at [hidden information] or [hidden information] ext. 104 for information regarding buyer qualification and approval.

Window Coverings: All curtains currently in the home are excluded from the sale. All blinds are included and will remain with the property.

With additional basement space, a detached two-car garage and private outdoor areas, 2355 Savoy Place offers an opportunity to own a home in Steamboat Springs with room to make it your own.