Keystone’s premier property located on the banks of the Snake River and just steps from skiing and the River Run gondola. New construction was completed in December of 2024. Alcove is one of the most successful new developments in Keystone’s history and was completely sold out early in the construction process. This particular townhome was the very first residence selected at the preconstruction launch of Alcove in 2022. This is the first and only resale opportunity in the entire neighborhood. Never been lived in, absolutely pristine, brand-new home. This townhome lives like a single-family home and boasts an oversized 2 car heated garage with epoxy flooring. The open concept living space and designer kitchen on the main living level are ideal for entertaining and features the latest mountain modern finishes. The lower-level family room provides a second living space separated from the rest of the home. Enjoy views overlooking the Snake River and the ski area from the 3 south facing decks, one of which is ready for you to add your own personal hot tub. Primary bedroom features vaulted ceilings, gas fireplace, ensuite bathroom, and amazing river and ski slope views. No short term rental restrictions and owner pets are OK. This irreplaceable setting on the banks of the Snake River provides the ultimate in privacy and serenity, yet is situated just steps from skiing and all the action and amenities of River Run village. Truly the best of the best!
Lot FeaturesBorders National Forest, Corner Lot, Near Ski Area
Garage spaces2
ViewMountain(s), River, Ski Area, Southern Exposure, Creek/Stream, Trees/Woods, Water
CITYKeystone
SUBDIVISIONAlcove
COUNTYSummit
AREAKeystone
STATECO
SUB AREAKeystone
COMMUNITY FEATURESTrails/Paths, Pool
HOA1
TAX AMOUNT1148.0
HOA FEE11028.0
HOA FREQUENCYAnnually
LATEST UPDATE2025-11-17T15:29:13.994Z
DAYS ON MARKET60
PRICE CHANGE(S)
$5,500,000 Jun 4, 2025
Market Trends
New Properties On Market
77
54%
Increase In New Listings
Average Asking Price
$1,141,727
$255,069 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$732
$50 Decrease In List Price/Sq. Ft.
Average Days On Market
4
18 Day
Decrease In Days On Market
Data as of Jun 04, 2026.
Remaining statistics above are calculated on activity within the period from Apr 01, 2026 to May 31, 2026.
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