Homes provide us with our very own private retreat from the world, a space to truly feel safe, and amidst the turbulence that has characterized the past few years, personal sanctuaries have never been more important. As home buyers continue to seek secluded oases, mountain and alpine homes have seen sustained interest and, subsequently, rising prices. From the Americas to Switzerland, Austria, and Germany, limited inventory in sought-after locations has led to surging prices and record sales.
“In many cases, new ski properties can no longer be built, which makes them a limited and therefore highly sought-after commodity.”-Jan Christmann, License Partner, Engel & Völkers Davos and Chur
Throughout the first year of the pandemic, homes in prime locations sold for prices ranging between $58 and $69 million USD. This past year, sales in this segment rose again, ranging from $63 to $80 million USD. The most desirable properties, boasting the same top-of-the-line amenities as luxury hotels and private estates, garnered offers nearing $193 million USD.
These record-setting numbers reflect a historically unparalleled interest in alpine homes.
These homes offer rare privacy and exclusivity, which attract buyers looking for vacation homes, second homes and even first homes, blurring the line that distinguishes the typical markets. Chalets are no longer desirable simply for their proximity to ski locations. To attract the most discerning clients, alpine homes must offer a diverse range of experiences and amenities that cater to lives focused on wellness, nature and culture.
As such, markets once known predominantly for skiing are evolving to also satisfy the growing demand for year-round activities and accommodations. Buyers have shown particular interest in towns that have invested in infrastructure for golfing, cycling, hiking, culinary events and robust cultural celebrations.
Due to the supply shortage, ever-increasing demand, and emerging town centers, Engel & Völkers predicts that both demand and price will continue to grow. Here are some of the properties on the market right now:
Engel & Völkers is currently brokering this exclusive, new-build, modern country-house chalet for $14.6 million USD. The 5,425 square foot property is located on a unique plot in the municipality of Aurach near Kitzbühel. Spectacular panoramic views of the surrounding mountains are accompanied by four bedrooms and four bathrooms and additional amenities inclusive of an elevator, a home cinema, and a wellness area with an indoor pool. Neighboring ski resorts at Hahnenkamm and Jochberg are just a few minutes away.
This exclusive, 2,755 square foot apartment in Saanen, Switzerland, is on sale for approximately $8.6 million USD. The open-concept floorplan features five bedrooms and five bathrooms, a dining area, a designer kitchen and fireplace. Additionally, the home boasts a spacious balcony with mountain views, an elevator, parking space, spa and fitness room.
Engel & Völkers Whistler is currently listing this ski-in/ski-out home in Whistler Mountain’s exclusive Kadenwood neighborhood for $17.9 million USD. The 7,500 square foot open-concept chalet has six bedrooms and seven bathrooms, a dining room, kitchen and entertainment deck as well as a custom ski room and infrared sauna.
St. Moritz, Switzerland
Situated in the center of St. Moritz, this modern apartment is currently being brokered by Engel & Völkers for $7.4 million USD. The property was renovated in 2021 and includes three sun-flooded balconies with views of the surrounding mountains and Lake St. Moritz. The 2,594 square foot open-concept home has five bedrooms, three bathrooms, a dining area, a fireplace and an adjoining modern kitchen.