Originally published in ColoradoBiz on June 2, 2025
Over the next two years, Breckenridge Ski Resort’s Peak 8 will undergo a transformation that will bring luxury living and a hotel to the last developable lots in the mountain town.
In Brief:
- $500M Finale development includes townhomes, villas, and hotel
- Victory Ridge lots priced up to $8.9M with ski-in/ski-out access
- All homes include two lifetime Epic ski passes
- Construction to start summer 2025, no impact on ski lift lines
Finale, a $500 million master plan development, encompasses three projects overlooking the base area on Peak 8 and one project in town.
Developers have broken ground on the 16-unit Independence Townhomes, which range from 2,400 square feet to 3,500 square feet and include two-car garages. They’re priced from $4.125 million, up to $6 million and include two lifetime Epic ski passes. Seven of the townhomes, expected to be delivered in late 2026, have been sold.
Independence Townhome owners also have the opportunity to purchase a week at the Grand Colorado resort, but without the parking privileges extended to other owners. They will have access to the property’s amenities, including the fitness center, grotto, spa and aquatics center.
Also in the works are the Imperial Hotel & Private Residences, the Imperial Chalets & Villas and Victory Ridge.
The ski-in/ski-out Victory Ridge lots range $5.2 million to $8.9 million and are two-thirds to 1 acre each. They are the only homesites that will be offered as part of the Finale master plan and will come with two lifetime Epic ski passes, valid for up to 60 years.
The Imperial Hotel & Private Residences, the last slopeside resort to be developed in Breckenridge, will offer luxury amenities.
The Imperial Chalets & Villas will offer whole-ownership opportunities, with homes ranging from two to five bedrooms. Owners will have access to The Imperial Hotel’s services and amenities.
Infrastructure and roads for the Victory Ridge and Imperial projects will be installed this summer. Vertical construction will begin next spring.
The developers are also planning to build employee housing to staff the properties.
Graham Frank, one of the two managing members of the Finale development team alongside his partner Mike Dudick, said owners will have a luxury experience without having to pay higher HOA dues that would come with high-touch staffing.
This luxury wellness destination will feature an impressive array of amenities designed to provide a premium experience while maintaining exceptional value. Guests can indulge in multiple indoor and outdoor hot tubs, invigorating cold plunges, and comprehensive wellness facilities including specialized aqua therapy treatments. The property will also house a thoughtfully designed restaurant and bar to complement the spa experience. The approach prioritizes efficiency and guest satisfaction over unnecessary overhead, as the developer explains: “We’ll have the hot tubs and cold plunge but not four or five pool attendants that drive up the cost,” Frank said. “The owner and user are getting a better experience without having to pay for unnecessary services that may be slow in mud season.” This streamlined model ensures visitors receive top-tier amenities and services without the inflated costs typically associated with over-staffed luxury facilities.
Construction isn’t expected to impact the mountain’s ski experience or increase the time visitors spend in lift lines at the Rocky Mountain and Colorado superchairs, Frank said.
“The hope is that with the density already being there, it meters it up the mountain a bit,” he said. “The thing that really creates the pinch point is the gondola coming up. Owners will be able to get on the superchairs and get on the mountain ahead of that crowd.”
“Waking up on the snow in Breck is critical because you put yourself about 30 minutes ahead of everybody coming out of the gondola parking lots out of town.”
