Timrehaugvegen 4, 3580 Geilo, Norway, Geilo, Buskerud, Norway. - Hero Image
3580
Timrehaugvegen 4
Geilo | Buskerud

Norwegian Hygge

Cozy Luxury

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Jannike Seljevoll Herleiksplass
Jannike Seljevoll Herleiksplass
Presented At
kr7,480,000
Bedrooms
2
Bathrooms
2
Living
1,195
SQFT
Stories 1
Fireplace
Open Kitchen
Steam Room
Elevator
Washer Dryer
Indoor Pool
Kitchen island
Jacuzzi
Sauna
Garage
Parking
Balcony
Outdoor Kitchen
Ski-In / Ski-Out
Mountain View
Panoramic / Scenic View
Timrehaugvegen 4, 3580 Geilo, Norway, Geilo, Buskerud, Norway. - Photo 1
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Timrehaugvegen 4, 3580 Geilo, Norway, Geilo, Buskerud, Norway. , Geilo , Buskerud

Elegant apartment with direct access to everything Geilo has to offer

This apartment offers the perfect base for enjoying all that the charming mountain village of Geilo has to offer. Located within walking distance to the train station, ski slopes, cross country trails, restaurants, shops and other services, you truly have everything right at your doorstep. The apartment is connected to the historic Dr. Holms Hotel, and is tastefully furnished with a practical and welcoming layout. It features a hallway, two bedrooms, two bathrooms and a bright, open plan living area that includes a kitchen, dining area and lounge. From the living room, there is access to a glass enclosed balcony. You can also reach the hotel directly via an indoor corridor, giving you easy access to all of Dr. Holms' amenities, such as restaurants, bars, swimming pool, spa, bowling and more. Included with the apartment is a marked garage space equipped with an electric car charger, as well as a private storage room located in the shared underground garage facility. Geilo is a mountain paradise full of possibilities and well prepared for activities all year round. Geilo: The apartment is located next to the traditional and well known Dr. Holms Hotel, which opened its doors in 1909. The hotel was founded by doctor and director Ingebrikt C. Holm, who opened the hotel on the same day King Haakon officially inaugurated the Bergen Railway. Dr. Holm specialized in respiratory illnesses and believed in the healing power of Geilo’s crisp “champagne air” and the beauty of the surrounding mountains. More than a hundred years later, Geilo is one of Norway’s most popular mountain destinations. Many second home owners still travel here via the Bergen Railway. By car, the drive takes about three hours from both Oslo and Bergen. Geilo’s central location between Norway’s two largest cities has made it a sought after vacation destination. Nestled between two national parks, Geilo is a haven for outdoor enthusiasts all year round. In addition to its stunning nature, Geilo is considered one of Norway’s most complete resorts for both summer and winter. Geilo was recently named Norway’s Best Ski Resort by the World Ski Awards for the sixth year in a row. The village offers a wide range of services and everything is centrally located and easy to reach. Geilo boasts an extensive network of cross country skiing trails and is a paradise for ski touring. With miles of well prepared tracks, you can choose between high mountain routes, forest trails or illuminated loops. The alpine ski resorts offer slopes suitable for all generations to enjoy together. SkiGeilo operates on both sides of the valley, with frequent ski bus connections for easy access. The area features safe, wide slopes, fun children’s areas, funslopes and snow parks, along with cozy eateries offering a variety of menus to suit all tastes. But Geilo is not just about skiing. Spring, summer and autumn offer equally amazing experiences. The trails are perfect for hiking and mountain biking, and you can enjoy fishing, swimming in mountain lakes, ziplining, rope courses or testing your skills on downhill and pump tracks or family friendly cycling paths. The village center is lively and welcoming, with a range of shops catering to both adults and children. At the heart of it all is Geilo Station, just a short walk from the apartment.

Gallery

3D Street View Tour

Map showing Timrehaugvegen 4, 3580 Geilo, Norway, Geilo, Buskerud, Norway.

Property Location

Timrehaugvegen 4, 3580 Geilo, Norway, Geilo, Buskerud, Norway., Geilo Buskerud

Local Weather & Climate

Geilo, Buskerud

Current Conditions Updated recently
23 °F
Scattered clouds
Feels Like 14°F
Humidity 83%
Wind 7 mph
Visibility 6.2 mi
Sunrise 5:51 AM
Sunset 5:22 PM
5-Day Forecast
Sat 14 Mar
Clouds
High 32°
Low 13°
Sun 15 Mar
Clouds
High 25°
Low 11°
Mon 16 Mar
Snow
High 29°
Low 10°
Tue 17 Mar
Clouds
High 29°
Low 9°
Wed 18 Mar
Clouds
High 35°
Low 27°
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: $748,000,000 20% down ($149,600,000)

Investment Perspective
$ $ $
$1 → $1.36
Every dollar invested today could become $1.36 in 10 years
$100 → 136 $1,000 → $1,362
+$64,275
$64,275/day
Your home may appreciate while you sleep
$451,164/week $1,955,045/mo $23,460,545/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 💸 -$411.6M
vs
OWN 📈 +$583.9M
$583.9M Potential Equity
vs $411.6M lost to rent over 10 years
$149.6M Down Payment Growth
3.9x
10yr
$583.9M
8.1x
20yr
$1,208.8M
12.6x
30yr
$1,889.1M
Wealth Comparison
×4,498
Equivalent to 4,498 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $1,889.1M
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 $880.9M +18%
Market $1,018.6M +36%
Optimistic $1,175.5M +57%
$583.9M est. equity
20 Years
Conservative $1,037.4M +39%
Market $1,387.2M +85%
Optimistic $1,847.3M +147%
$1,208.8M est. equity
30 Years
Conservative $1,221.7M +63%
Market $1,889.1M +153%
Optimistic $2,902.9M +288%
$1,889.1M 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 4, 3580 Geilo, Norway, Geilo, Buskerud, Norway features 2 bedrooms with 1,195 square feet of living space.
This property offers 1,195 square feet of living space.
This property is listed at $748,000,000, which equals $625941 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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