Steamboat Springs’ Newest Fractional Properties
Steamboat Springs fractional real estate sales have totaled 51 units this year with almost $4,000,000 in total dollar volume. Fractional ownership in Steamboat Springs is growing as Steamboat’s real estate prices increase. It’s a way to own a luxury residence for a “fraction” of the cost of owning it outright.
Most people don’t vacation 52 weeks a year, so why not purchase only the weeks you’ll use? Let someone else worry about maintenance and upkeep and just enjoy coming to Steamboat.
Steamboat Springs has a large assortment of fractional properties for every price range and level of luxury. Real estate buyers can choose from weekly timeshares at Northstar to the Steamboat Grand, One Steamboat Place, The Porches, and the two newest fractional properties: Chadwick Place, located in the mountain area, and Alpenglow, one of the new properties in downtown Steamboat Springs.
Chadwick Place is now offering 25% shares in 4 bedroom, 4 1/2 bath luxury residences that include 13 weeks of use, luxury furnishings, swimming pool, hot tubs, and mountain bikes. Chadwick Place is offering fractions at $608,000.
You can also own a 25% share in a 2 bedroom, 2 bath Alpenglow right in the middle of downtown Steamboat for $356,000. The downtown Steamboat location lets you park the car in the underground garage and walk to all the shops and restaurants on Lincoln Avenue and Yampa Street.
Read how fractionals and timeshares differ.
Posted: May 19th, 2008 under Fractional Ownership.
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