Erik Cavarra

Your Aspen Snowmass Real Estate Expert

(970) 618-9733
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Erik Cavarra has just placed a Two Bedroom Residence Under Contract

March 10, 2013 by ecavarra Leave a Comment

The Residences at Snowmass Club are now a part of the Toll Brothers family.

This exciting news has lead to a an increase in sales activity and continues to shine as a product offering and leader in the Fractional Real Estate Market.

The Residences at Snowmass Club Offers its members the epitome of alpine indulgence. All the services of an upscale hotel are combined with the amenities and privileges of an exclusive country club, and rolled into one incredible opportunity in Snowmass for a fraction of the cost. 14 Two Bedroom Floor Plans, 16 Three Bedroom Floor Plans, 1/7th Ownership: Two Weeks Guaranteed in Winter and Two Weeks Guaranteed in Summer with unlimited space available requests. Addendum: 2013 Summer Weeks: 8/23 – 8/30, 9/20 – 9/27.

Erik Cavarra had recently placed the Two Bedroom Residence on Active within the MLS.  It was only on the market for a remarkble (2) days before going Under Contract.

The Sale is set to close within 30 days and will be Cavarra’s 13th fractional sale within the last 6 months.

: LUXURIOUS INTERIOR REMODEL: The Residences have undergone a full interior Renovation. The remodel was finalized in December and was designed by Rowland & Broughton Architecture and will incorporate a design that is appropriate for our mountain setting and will greatly improve comfort and enhance the residences.

Attached and below please find additional information regarding the Residences at Snowmass Club.

 

We are a Fractional Residence Club, and Owning a Fraction would mean purchasing an “exact” unit, but it would not allow you to stay within that Unit every time you vacation here.  Example,

 

Located on the Jim Engh golf course and nestled in a 210-acre masterpiece and the only true year-round resort in Snowmass Village, the finely appointed vacation homes of The Residences at Snowmass Club, feature breathtaking views of the Snowmass Ski Area and the Elk Mountain Range. The Snowmass Club is a world-class facility, which combines the elegance of a fine country club into a lifestyle that allows you and your family to exceed your wildest imaginations.

Our Residence Club provides the following:

Phase I:  Completed in 2001 Consists of Two & Three Bedroom Residences and they are 1/7th ownership:
Two Bedrooms: $120,000 

  • 1,900 sq. feet
  • 14 floor plans
  • $11,392 per year in HOA Dues
  • $316 per week in Housekeeping      Fee

 

Three Bedrooms:$149,000

  • 2,100 sq. feet
  • (16 floor plans)
  • $14,017 per year in HOA Dues
  • $408 per week in Housekeeping Fees

Phase II:  Completed in 2003 Consists of Three, Four & Five Bedroom Residences and they are 1/8th ownership:

Three Bedrooms: $159,900

  • 2,300 sq. feet
  • (1 floor plan $12,360)
  • $14,490 per year in HOA Dues

Four Bedrooms: $210,000

  • 2,400 sq. feet
  • (6 floor plans)
  • $16,194 per year in HOA Dues

Five Bedrooms: $290,000

  • 3,300 sq. feet
  • (2 floor plans)
  • $23,793 per year in HOA Dues

 

Phase III: Completed in 2005 Consists of Three, Four & Five Bedroom Wholly Owned Residences

Three Bedrooms: $1,800,000

~ 2,300 sq. feet

Four Bedrooms: $2,700,000

~ 2,400 sq. feet

Five Bedrooms: $3,245,000

 

Luxury living with no hassles. Complementary use of 19,000 square foot athletic club and spa, which includes heated lap pool, outdoor and indoor hot tubs, kids and adult pools, steam room, sauna, cold plunge, and aerobic classes. Additional amenities include daily maid service, concierge, SAGE restaurant, free transportation to ski areas, Aspen, and airport.

 

Owners purchase a specific Unit per deed, but have access to any and/or all units within individual unit type. Fractional ownership qualifies as FEE SIMPLE real estate.

Each owner receives two weeks of guaranteed usage in the Winter and two weeks of guaranteed usage in the Summer.  Weeks are selected based on a rotational calendar.  Owners also have access to any space available weeks during the peak seasons and off season Schedules. Weeks can be consecutive, but most likely not, especially during busy times.  Owners select weeks 6 months in advance and if your first week is at the top of the rotational calendar, your second week will be at the lower end of the calendar.  This is in place in order to make it very equitable for all owners. I have attached an Owners Manual for your review.  Access to 19,000 square foot athletic club, 13 tennis courts, three outdoor pools, two restaurants, cross country skiing, concierge, shuttle service, discounted ski lift tickets & private ski storage at two creeks ski area.

 

You may also rent any unused weeks out as long as they are your Guaranteed Weeks.

 

Hassel Free Ownership:

Storage:  Leave skiis, bikes, golf clubs, winter clothes, summer clothes etc.

Storage is located in the under ground parking garage.  Our Concierge will happily arrange for the collection of owner supplies to and from room prior and after departures.

Parking: Two underground parking spaces are allowed per owner while in house.

 

Owners also have access to a wonderful Reciprocity Program: www.theregistrycollection.com.

This Resort is owned and operated by Toll Brothers Golf.

www.tollgolf.com

 

Please visit www.mysnowmassclub.com.

 

Filed Under: Aspen Skiing Company, Market Reports, Real Estate News, Snowmass Club

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Erik Cavarra

Erik Cavarra

Your Aspen Snowmass Real Estate Expert
(970) 923-0817 Office
(970) 618-9733 Cell
Contact Erik
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