A New Chapter for Stowe Luxury Real Estate: Inside the Transformation of Topnotch Resort and Its Forthcoming Private Residences

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Stowe’s iconic Topnotch Resort is preparing for one of the most significant transformations in its storied history, and Coldwell Banker Carlson Real Estate will play a central role in bringing that vision to market.

The historic brokerage, whose roots in Stowe date back to 1969, has secured the exclusive rights to market the forthcoming Topnotch Residences, a limited collection of luxury condominium homes integrated with the resort’s next chapter.

The appointment marks a pivotal moment not only for one of Vermont’s most celebrated destination properties, but for the resort town itself, introducing a new model that blends private ownership with branded resort-level living.

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The Topnotch Residences—27 in total—will arrive fully turnkey, with luxury furnishings from RH (formerly Restoration Hardware), which has recently outfitted luxury residential offerings at the Montage Residences in Big Sky and the Limelight Residences in Mammoth Lakes. Each residence will be thoughtfully curated to reflect the brand’s refined, hospitality-inspired approach to living. The collection includes one- to four-bedroom residences ranging from approximately 1,007 to 2,501 square feet, with one-bedroom homes starting at $1.1 million and the largest four-bedroom offerings starting at just over $3 million. The residences will be housed within a newly constructed, three-story, state-of-the-art building directly connected to the resort via its main lobby and set above a climate-controlled underground parking garage with private owner storage. Many of the homes will feature lock-off suites, private terraces, and dens, along with sweeping views across the Green Mountains.

“This project represents something truly special for Stowe,” said McKee Macdonald, one of two principals of the Smith Macdonald Group at Coldwell Banker Carlson Real Estate. “Topnotch has always been a cornerstone of this market, and the Residences allow buyers to become part of that legacy while enjoying a level of service, design, and amenity access that simply hasn’t existed here before.”

Beyond the residential component, the project includes a sweeping reinvestment in the resort itself. Plans call for extensive renovations to the property’s 68 hotel rooms, two restaurants, lobby, spa, and pools, as well as a comprehensive refresh of Topnotch’s branding and guest experience — ensuring that the resort’s physical and experiential offerings evolve in tandem with its new residential identity.

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Groundbreaking is slated for Spring 2026, with completion anticipated by Summer 2028, allowing the resort to remain open and operational throughout construction. Owners will enjoy full access to Topnotch’s four-season amenities, including spa, dining, fitness, and recreation, while also having the option to participate in the resort’s professionally managed rental program — an increasingly sought-after feature among buyers seeking both lifestyle flexibility and income potential.

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"Coldwell Banker Carlson Real Estate was selected to exclusively market the Residences following a competitive process that included major national brands and regional brokerages," added Maggie Macdonald, principal of Smith Macdonald Group. "The appointment reflects the Smith Macdonald Group’s deep-rooted local expertise and track record representing high-profile resort and new-construction properties across Vermont’s most coveted markets." 

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As Stowe continues to evolve into a year-round luxury destination prized for its skiing, summer recreation, dining, and wellness culture, the arrival of the Topnotch Residences signals a broader shift in the region’s residential landscape towards branded resort living.

More details can be found here. 

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