Summit State Champs, STR License Updates & Ski-In Breck Condo | Ski Summit Show Ep. 149

Summit County continues to prove why it’s one of the most special mountain communities in Colorado. This week we celebrate local athletes bringing home state titles, unpack what really happened with Breckenridge short-term rental licenses in 2025, analyze current inventory trends in our Market in a Minute, and highlight a ski condo in the heart of Breckenridge that checks all the right boxes for both lifestyle and investment.

If you care about living here, investing here, or simply understanding where our market is headed, this is an important update.

What’s Happening in Summit County

Summit Nordic Brings Home State Titles

The Summit Nordic Ski Team delivered an impressive performance at the state championships this year. The boys captured the state title, while the girls finished as state runners-up — a strong showing across the board.

Carter Nemkov secured his second straight classic title, and the Nemkov family made their mark once again with top-level performances. Around here, skiing isn’t just a sport — it’s part of our identity. Watching these young athletes compete and succeed at the highest level reinforces why Summit County continues to produce exceptional talent.

It’s always exciting to see the next generation carrying that tradition forward. More Here >

Summit County Real Estate News

Breckenridge Short-Term Rental Recap for 2025

Now to the topic many property owners and investors are watching closely: short-term rentals in Breckenridge.

In 2025, we saw continued attrition in licenses, though movement varies significantly depending on zone.

The Resort Zone remains healthy and below its cap. These are the condo-tel style properties — places like Beaver Run and similar developments with front desks and hotel-style amenities. Licenses here are still obtainable, and there is no waitlist.

The Tourism Zone also has availability and remains under its cap.

The Downtown Core has now reached its cap. There is a waitlist forming, though it is relatively short compared to other areas.

The most constrained area continues to be the Residential Zone, where licenses remain well above the long-term cap target. Attrition is happening gradually — roughly 50 licenses per year — but at that pace, it could take well over a decade before numbers align with the established cap.

One critical reminder: licenses do not automatically transfer upon sale. If an owner fails to renew or sells the property, that license may re-enter the system. Staying on top of renewals is essential. Once a license is lost, re-entry typically means going onto a waitlist.

If you are considering purchasing in Breckenridge with the intention of short-term renting, understanding zoning before you buy is not optional — it’s strategic. More Here >

Market in a Minute

Inventory remains relatively stable as we sit in the seasonal low point of the year. Pending sales have increased modestly, while new listings are beginning their typical upward climb as we approach spring.

Historically, we see listing activity accelerate heading into late ski season and spring break, as sellers position their properties to capture buyer interest while the mountains are still active.

The key question moving forward: will new listings outpace pending sales, or will demand continue absorbing inventory as it comes online?

Spring will tell us a lot.

Listing of the Week

505 Main Street Station – Breckenridge

1 Bedroom | Resort Zone | $860,000

This property sits in one of the most desirable locations in Breckenridge — right on Main Street, steps from the lifts, dining, shops, and year-round events.

Because it is located in the Resort Zone, it qualifies for a short-term rental license without the constraints seen in residential areas.

The amenities elevate the experience: ski valet, lockers, indoor covered parking, pool, hot tubs, fitness center, and a south-facing deck with views toward Baldy Mountain. Estimated annual short-term rental revenue is in the upper $50,000 to $60,000 range, which can significantly offset ownership costs depending on financing structure.

This is one of those properties that blends lifestyle, location, and income potential in a way that’s increasingly difficult to find.

Final Thoughts

This week we covered a lot of ground — from Summit Nordic state championships to the realities of Breckenridge short-term rental licensing, current market trends, and a prime Main Street investment opportunity.

Summit County continues to balance lifestyle and regulation in a way that rewards informed buyers. Whether you’re purchasing for personal enjoyment, rental income, or long-term appreciation, understanding the landscape makes all the difference.

Thank you for reading and for being part of this mountain community. If you have questions about zoning, investment strategy, or the featured property, I’m always here to help.

See you in the mountains soon...