1. Silver Leaf Realty
Salt Lake City, UT--Dec 28, 2011 -SilverLeaf Financial, a private equity firm specializing in
buying distressed debt, recently announced the acquisition of the 6,000 acre luxury master
planned community in western Colorado, known as Cornerstone. It was purchased fee
simple with clear title, for an undisclosed price. Cornerstone began development in 2006.
The development is located approximately 1 hour north of the Telluride ski community.
Cornerstone features 125 fully improved lots, 56 of which have sold, leaving 69 currently
available for sale. There are an additional 287 lots in various levels of improvement within the
development. The development is planned for a total of 412 "Homestead" lots ranging in size
from acre to over 100 acres. Included in the purchase were 4 custom built cabins constructed
by the Developer. Each large cabin is fully furnished with 4 master suites and shared amenity
space. All 4 of these "Foursome Cabins" are currently available for sale.
The private luxury community includes a high-end 18-hole, 72-par Greg Norman
championship golf course and 20-acre practice/training area. The golf course has been the
recipient of many prestigious awards including "No. 1 Best New Course in Colorado"and "No.
1 Best New Private Course in the U.S."The Clubhouse at Cornerstone is 6,000 square feet
and includes a dining area, pro shop, men's and women's locker areas, fitness area and
swimming pool/ beach area. The Cornerstone club features a 40 acre meadow with stables
and horse boarding facilities, located in the northeast and southwest portions of the
development. Community residents can enjoy guided horse rides either on-site, or on over 1
million acres of public lands nearby.
The community also features an exclusive Clubhouse in the nearby ski town Telluride, known
as the "Mountain Club". Built to accommodate Cornerstone members for year-round use, the
Clubhouse is located in the heart of the village, just steps from the ski gondola.
The Developer has set aside approximately 3,000 acres as open space within the
development. Community residents can hike, bike and ride miles of trails with a diverse
terrain. Through its wildlife management plan, wildlife can move freely throughout the area.
Cornerstone's focus on sustaining and protecting the health of the property's wildlife and
natural environments is evident through their wetlands restoration, forest management,
wildlife monitoring and water quality monitoring efforts inside the development.
Cornerstone can easily be reached with direct commercial flights to Montrose Regional
Airport from numerous cities across the country. For information regarding the available Real
Estate for sale at Cornerstone, contact Colby Bond at (801) 359-2855 ext 555
Silver Leaf Realty, Baldwin Salt Lake Silver leaf