Timrehaugvegen 2, 3580 Geilo, Norway, Geilo, Buskerud, Norway. - Hero Image
3580
Timrehaugvegen 2
Geilo | Buskerud

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Jannike Seljevoll Herleiksplass
Jannike Seljevoll Herleiksplass
Presented At
kr10,200,000
Bedrooms
3
Bathrooms
2
Living
1,421
SQFT
Stories 2
Fireplace
Open Kitchen
Steam Room
Stone Countertops
Washer Dryer
Indoor Pool
Bar
Kitchen island
Laundry Room
Jacuzzi
Sauna
Garage
Parking
Balcony
Ski-In / Ski-Out
Mountain View
Panoramic / Scenic View
Timrehaugvegen 2, 3580 Geilo, Norway, Geilo, Buskerud, Norway. - Photo 1
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Timrehaugvegen 2, 3580 Geilo, Norway, Geilo, Buskerud, Norway. , Geilo , Buskerud

Exquisite apartment adjacent to Dr. Holms Hotel

The apartment is located adjacent to the historic Dr. Holms Hotel, which first opened its doors in 1909. Doctor and hotel director Ingebrikt C. Holm inaugurated the hotel on the very same day that King Haakon officially opened the Bergen Railway. Dr. Holm, a specialist in respiratory diseases, aimed to heal patients through the fresh “champagne air” and the beauty of the surrounding mountains. More than a hundred years later, Geilo remains one of Norway’s most popular mountain destinations. Many holiday homeowners still use the Bergen Railway as their preferred mode of transport. By car, the journey takes just over three hours from both Oslo and Bergen. Its central location between Norway’s two largest cities has made Geilo a sought after holiday destination. Geilo lies at the foot of two national parks and is a paradise for outdoor activities in both summer and winter. In addition to its wild and stunning natural surroundings, Geilo is considered one of Norway’s most complete travel and ski destinations. It was recently voted Norway’s Best Ski Resort by the World Ski Awards for the sixth consecutive year. The village offers a wide range of services and amenities, all centrally located and easily accessible. Geilo boasts an extensive network of cross country trails and is a haven for skiing enthusiasts. With miles of groomed tracks, visitors can choose between high mountain tours, sheltered forest trails, or illuminated evening routes. The alpine ski resorts also offer slopes suitable for all ages, where multiple generations can enjoy the mountain together. SkiGeilo operates on both sides of the village, and frequent ski bus departures make it easy to explore different areas. The resort features wide, safe runs, fun children's areas, terrain parks, and funslopes. There are also cozy and inviting dining venues offering something for every palate. But the appeal of Kikut and Geilo extends far beyond winter sports. During spring, summer, and autumn, the landscape is equally beautiful, and hiking is a favorite activity for many. You can bring your fishing rod and try your luck, or take a refreshing dip in one of the nearby mountain lakes. For those seeking more adrenaline fueled experiences, Geilo offers a zipline park, a high ropes course, and various biking options including terrain trails, downhill tracks, pump tracks, and family friendly cycling paths. Geilo also features a charming town center with a variety of shops catering to both adults and children. At the heart of the village is Geilo Station, just a short walk from the apartment.

Gallery

3D Street View Tour

Map showing Timrehaugvegen 2, 3580 Geilo, Norway, Geilo, Buskerud, Norway.

Property Location

Timrehaugvegen 2, 3580 Geilo, Norway, Geilo, Buskerud, Norway., Geilo Buskerud

Local Weather & Climate

Geilo, Buskerud

Current Conditions Updated recently
26 °F
Broken clouds
Feels Like 19°F
Humidity 86%
Wind 7 mph
Visibility 6.2 mi
Sunrise 6:09 AM
Sunset 5:07 PM
5-Day Forecast
Sat 7 Mar
Clouds
High 26°
Low 26°
Sun 8 Mar
Clouds
High 43°
Low 27°
Mon 9 Mar
Clouds
High 33°
Low 19°
Tue 10 Mar
Clouds
High 35°
Low 32°
Wed 11 Mar
Clouds
High 34°
Low 23°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Geilo?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

kr
%
kr100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621
Potential Tax Benefits (Norway)
kr0 Est. First Year Interest Deduction
kr0 Est. Annual Tax Savings
*Deduction applies against capital income tax at 22%.

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
  • Tax benefit calculations are simplified estimates based on general assumptions for Norway. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
  • Tax Year Information: Tax data shown is based on Norway tax year 2025 (fiscal year: January-December), rules effective from 2019. Tax laws change frequently and may have been amended since this data was compiled.

Market Opinion

Our perspective on current market conditions in Geilo. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis
International luxury real estate typically appreciates steadily over time.
65
Buyer Score
Estimated regional appreciation: 4% annually
Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $10,200,000 20% down ($2,040,000)

Investment Perspective
$ $ $
$1 → $1.36
Every dollar invested today could become $1.36 in 10 years
$100 → 136 $1,000 → $1,362
+$876
$876/day
Your home may appreciate while you sleep
$6,152/week $26,660/mo $319,917/yr
$100K Investment Comparison (10 Years)
Real Estate (Leveraged)
$281K
S&P 500 Index
$259K
High-Yield Savings
$155K
Real estate leverage: potential 8% advantage over stocks
RENT 💸 -$5.6M
vs
OWN 📈 +$8.0M
$8.0M Potential Equity
vs $5.6M lost to rent over 10 years
$2.0M Down Payment Growth
3.9x
10yr
$8.0M
8.1x
20yr
$16.5M
12.6x
30yr
$25.8M
Wealth Comparison
×61
Equivalent to 61 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $25.8M
Time to Double Your Investment (accounting for market cycles)
42.4
years
Conservative
1.65% effective/yr
15.3
years
Optimistic
4.62% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $12.0M +18%
Market $13.9M +36%
Optimistic $16.0M +57%
$8.0M est. equity
20 Years
Conservative $14.1M +39%
Market $18.9M +85%
Optimistic $25.2M +147%
$16.5M est. equity
30 Years
Conservative $16.7M +63%
Market $25.8M +153%
Optimistic $39.6M +288%
$25.8M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

This house at Timrehaugvegen 2, 3580 Geilo, Norway, Geilo, Buskerud, Norway features 3 bedrooms with 1,421 square feet of living space.
This property offers 1,421 square feet of living space.
This property is listed at $1,020,000,000, which equals $717804 per square foot.
Based on current market indicators, Geilo shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.
This is a house located in Geilo, Buskerud. The property is situated in an established neighborhood with convenient access to local amenities and services.
Jannike Seljevoll Herleiksplass

Jannike Seljevoll Herleiksplass

PrivatMegleren Park

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