The names take a moment to untangle. Eagles Nest is the community; Three Peaks is the golf course and its premier custom-estate filing, played today as the Raven at Three Peaks. The course opened as the Eagles Nest Golf Club in 1986 and was rebuilt in 2000 by Michael Hurdzan and Dana Fry with Tom Lehman, and the neighborhood grew up around it. It sits west of the Blue River and north of Lake Dillon, off Golden Eagle Road about two and a half miles north of I-70, at the base of the Gore Range and bordering the Eagles Nest Wilderness, with the loftiest fairways sitting around nine thousand one hundred feet.
This is an established community rather than a new development. The original homes date to the early-to-mid 1990s, the golf-course filings filled in from around 2000 onward, and new construction still continues on the remaining lots. The housing is predominantly custom single-family estates, several of them past Parade of Homes winners, set on lots that range from modest to a couple of acres, with townhome groups, duplexes, and a few small condominium buildings rounding out the mix. The result is a neighborhood with real range in both age and product, anchored by the fairways and the Gore Range behind them.
Before you fall for a fairway lot
Living on the Raven does not come with golf.
The course operates on its own membership and season passes, a limited number of which are available, alongside public play, and none of it is bundled into HOA dues. A buyer who wants to play regularly should price a membership or pass separately and confirm current availability, because the rounds are not included with the address. What the address does include is the setting, the course as the green heart of the neighborhood and, in winter, as a cross-country ski center.
A master HOA, and no transfer tax
Governance runs through a master association, the Eagles Nest Property Homeowners Association, with a set of sub-associations beneath it, the Golf Course Sub at Three Peaks, the original Eagles Nest subdivision, the Ranch at Eagles Nest, Fox Valley at the Raven, the Hideaway townhomes, and others, so the exact dues and rules depend on which filing a home sits in. The master HOA generally covers common-area maintenance, snow removal, and trash, runs a community center with gathering space, and the homes are on public water and sewer. One meaningful financial distinction: Eagles Nest is not on the Town of Silverthorne transfer-assessment list, and at least one sub-association carries no transfer tax, so a buyer here generally avoids the one percent transfer cost that applies in the RETA communities like Angler Mountain Ranch and Summit Sky Ranch. Confirm the transfer-tax status and the governing sub-association on the specific property.
For the rest of the year the neighborhood lives outdoors. Paved bike paths run through it and connect to the Blue River rec path into Silverthorne, trails climb into the Eagles Nest Wilderness and onto the Gore Range Trail for hiking, mountain biking, and cross-country skiing, and the Blue River and Highline Creek hold trout within easy reach. Wildlife moves through constantly, elk, deer, moose, and fox, and the views run across the Williams Range, the Gore Range, Keystone, and south to Baldy Mountain. It is a drive-to-resort location rather than a slope-side one, but a central one, minutes to downtown Silverthorne and within reach of Keystone, Breckenridge, Copper Mountain, Arapahoe Basin, and Vail. For a buyer who wants an established custom-estate address on a real golf course, with the wilderness at the back fence and no transfer tax at closing, Eagles Nest is the most golf-centered community in Silverthorne.