Steamboat Springs — A 21-home subdivision on Bangtail Way, near the base of the Wildhorse gondola, has earned final approvals, and builders are expected to break ground on a model home this fall.

Homes in the Flat Tops at Wildhorse Meadows development will range from 1,800 to 3,000 square feet, with prices from about $700,000 to a little more than $1 million, according to Ascent Real Estate broker Kerry Shea, listing agent for the project.

Newly formed Flat Tops at Wildhorse Meadows LLC is developing the property and working with ESA Architecture, Landmark Consultants and local builders.

“We’re excited about being able to get this to market,” Shea said.

The subdivision is part of a 46-acre, master-planned community that debuted in 2007 with Trailhead Lodge.

The planned model home will be a high-end, 3,000-square-foot home with “all the bells and whistles,” which will allow prospective buyers to see all the upgrades and options available, Shea said.

“They can see what the option list truly is,” he said.

The 21 homes will be phased in to allow developers to react to the current market, with the first phase of homes being released for reservation by this fall.

Buyers will select a lot and choose from two homes types and a selection of options, including interior finishes; residences will then be built to Wildhorse Meadows architectural design standards, an additional level of architectural review beyond city regulations.

Two floorplans are being offered to capitalize on views of the Flat Tops and the Steamboat Ski Area.

The first model home is expected to take less than one year to build, allowing for completion in early summer 2016.

Due to early interest in the project, Shea said, developers have agreed to create a reservation process for interested buyers.

“We’ve had great interest,” said Shea, who felt that, based on the price, the homes will be a product not widely available in today’s real estate inventory.

The Steamboat Springs City Council approved the project July 19, with the caveat that the city could offer criteria if the homes are used as nightly vacation rentals.

For more information about the development, visit steamboatflattops.com.

To reach Teresa Ristow, call 970-871-4206, email tristow@SteamboatToday.com or follow her on Twitter @TeresaRistow