Two Rivers in Dotsero taking a new look | VailDaily.com
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Two Rivers in Dotsero taking a new look

Two Rivers Village in Dotsero has new local owners who are upgrading the product while holding the line on prices. Homes built on-site start at $240,000. Two Rivers Village has a mile of river frontage and 65 acres of lakes.
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DOTSERO, Colorado – Rick Hermes wants to show off a little, so he’s inviting you over to his new place, Two Rivers Village.

Hermes, whose Hermes Resort Properties has several projects in Red Sky Ranch and Bachelor Gulch, jumped into the affordable housing business when he and some partners acquired Two Rivers Village.

“We’re using the same builders we use for our Bachelor Gulch projects,” Hermes said. “Being affordable doesn’t mean you have to settle for apartment grade finishes.”

He’s hosting an open house Saturday.

Two Rivers Village is at the confluence of the Eagle and Colorado rivers, about 30 minutes west of Vail. The Utes who lived there called it “Hole in the Sky,” because it almost never snows.

It’s perfect for people who enjoy the outdoors lifestyle, Hermes said.

They even named their new model homes The Whitewater (four bedrooms/four baths, $325,000), The Sportsman (three bedrooms/three baths, ($290,000) and The Angler (two bedrooms/two baths, $240,000).

The homes feature wood beam ceilings, iron hardware, eat-in country kitchens, solid wood doors and trim, complete landscaping, a storage shed and a gas fireplace. Add $20,000 and it comes completely furnished.

There will be no more pre-fab houses in Two Rivers Village. Everything will be built on site. They’re stucco with metal/tile roofs, in-floor heat, a garage and additional off-street parking

“It’s designed to be as maintenance free as possible,” Hermes said.

Two Rivers Village has 65 acres of lakes, both stocked with fish. One is fed by a hot spring and never freezes. There’s more than a mile of river frontage at the confluence of the Colorado and Eagle rivers.

A lighted path rolls along those rivers and loops around village. It begins and ends at the clubhouse, which is complete with a swimming pool, community rooms, locker rooms and a workout center/weight room.

The basketball court and soccer field is right out back.

A boat ramp for rafts and kayaks is in the near future, which works out well. It’s a scenic float of four or five miles down the Colorado River to another boat ramp.

There’s some commercial development in the plan. A gas station/convenience store is part of it, as are some other stores, a restaurant and some apartments.

In-house financing is available through Wells Fargo. There’s a down payment assistance program that will trade, in part, sweat equity for some or all of the down payment.

Buyers can work on their own homes, but more likely they’ll be working around Two Rivers or volunteering on Habitat for Humanity projects – a cause Hermes has long supported.

“There are all kinds of ways to get that done,” Hermes said.

Refer a buyer and you get a $5,000 pre-paid credit card.

“We want to take care of the people who are helping us, and word-of-mouth is still the most effective form of marketing,” Hermes said.

Staff Writer Randy Wyrick can be reached at 970-748-2935 or rwyrick@vaildaily.com.


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