West Highway 40

The growing west side of Steamboat begins at at the intersection of Lincoln Avenue and Elk River Road. Neighborhoods composed of single family homes like Steamboat II, Heritage Park and Silver Spur are dominated by locals and have a suburban charm. This is enhanced by the amenities of the area including brew-pubs, restaurants and a variety of other shops and services. Furthermore, the beautiful new Sleeping Giant School has also drawn people to the west side. New development in the West 40 area includes Basecamp Row and The Glen subdivision.

Since 2018, the average price per square foot in the West/US40 area has increased 153%. As prices increase throughout the market, many full- time residents have migrated toward the west side of Steamboat and the increased demand brings rising prices with it. The total dollar volume and number of units sold for condos and townhomes spiked in 2024, reflecting the sale of the new construction Lofts at Riverside and the continued demand for live/work units.