Avon's Building Boom Continues

If you've driven through Avon this past year and noticed sleek new townhomes rising along the Eagle River off Goldfinch Lane, there's a good chance you were looking at The Kestrel. It's not exactly "new" anymore in the sense that several homes have already been built and sold over the past couple of years — but it's also not finished, with the remaining building still under construction as the project rounds out its full 24-unit vision by the end of 2026.

Developed by Wahlen Properties, the concept is six buildings, 24 townhomes total, each one three stories with a private elevator (a nice touch for anyone not thrilled about hauling ski gear up stairs), oversized 2- or 3-car garages built to swallow a full-size SUV or truck (roughly 650–870 square feet, heated, and EV-charger ready), and enough room downstairs for river gear, bikes, and skis without turning the mudroom into a storage unit.

The living space sits on the top floor by design, putting the kitchen, living room, and entertaining space up where the mountain and river views actually hit — a smart flip from the usual layout. Units range from about 2,650 to 3,550 square feet, with 3- and 4-bedroom floor plans, each including a den or office, floor-to-ceiling Pella windows, radiant heat, zoned air conditioning, and Thermador kitchens.

Here's the part that matters most if you're weighing The Kestrel against a place in Vail Village or Beaver Creek: there's no clubhouse, no pool, no on-site fitness center or ski valet — and that's by design. The HOA runs somewhere between roughly $823 and $1,248 a month depending on unit size, which is a fraction of what you'd pay for a comparable new-construction unit wrapped in resort amenities you may rarely use.

Recent sales have landed around $3.3 million for the smaller units, climbing from there — real money, no question, but real money buying you river frontage and mountain views rather than a line item for a spa you visit twice a year. This is a place built for someone who wants to actually be in the valley — walkable, or a short bike ride to the heart of Avon, a quick drive to the lifts at Vail or Beaver Creek — without paying the resort-amenity premium on top of new construction. Worth being clear-eyed about, too: at this price point, The Kestrel isn't a realistic housing option for the line staff keeping the valley's restaurants, hotels, and resorts running — this is more a second-home play, not workforce housing.

Location-wise, it's hard to beat: bordered by the Eagle River and in the heart of the eastern end of the valley - everything is within easy reach.

The Kestrel is one of several projects reshaping this stretch of Avon right now — Frontgate Avon down the road is virtually complete, and the groundwork for Skjol is feverishly underway. There’s a lot finally happening on the Traer Creek parcels (the old Stolport if you’ve been around long enough) — which is a testament to how much momentum this town has right now. If you've been circling Avon as your spot in the valley and want in without the resort trappings, The Kestrel is worth a look, especially with remaining inventory still available before the project wraps in the final building later this year.

Curious about availability, pricing, or floor plans? Reach out to Dana Gumber at 970.390.2787 — happy to help you sort out if this one's the right fit.