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Vail Man Wants $500,000 For His Parking Space

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Nov 25, 2008 9:57 pm US/Mountain

Vail Man Wants $500,000 For His Parking Space

Money Would Go Towards Helping Daughter's Skiing Career

Written by Stan Bush
Reporting
Stan Bush
VAIL, Colo. (CBS4) ― Real estate prices in the high country are generally high, with the extreme examples being in Vail, Telluride and Aspen.

However, one parking spot near the Vail Village has a price tag that exceeds the average cost of the American home.

Buzz Schleper is selling his space for $500,000, which likely makes it the most expensive parking spot in the country.

Expensive parking spaces in Vail are not rare. Many actually sell for prices upwards of $300,000.

Schleper says his is so expensive because of its indoor amenities, close proximity to the mountain and his personal need to fund his daughter's athletic career. That daughter, Sarah, is a former world champion skier and member of the U.S. Ski Team.

"Parking is a premium in Vail. It is very difficult to find parking a block from a lift," Schleper told CBS4.

Schleper says he needs to raise the money because his daughter's sponsors do not pay enough for her to travel with her young family.

Sarah Schleper hasn't skiied competitively since injuring her knee in 2006. She has relied on her dad for support.

"He's been the backbone of my career. He has always been very encouraging," she said.

Real estate analysts say that while the half million dollar price tag on the parking spot may be well over market value, its likely someone in Vail will still pay for it.

Schleper said some prospective buyers have already expressed interest.


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