Ski Resort Country Club Park City, Utah

By Todd Anderson

Nov 30, 2012

Why do people buy country club memberships and why isn’t there a ski oriented membership Park City real estate option?

People buy country club memberships for many reasons but probably the primary motivation is the quality of the golf experience and the easy access to the course. People are also drawn to the social element of a country club and the many (non-golf) functions the clubs host which allow members to interact in a relaxing setting with their family, friends and peers.

Park City Utah Fractional Ownership - like a ski country club

In Park City there actually are several ski oriented country club experiences which come in the form of interval or fractional real estate offerings. In my mind purchasing one these luxury ski condos offerings is very similar to buying an equity country club membership. • You purchase your membership or condo and pay annual dues. • When you want to do something different you sell your membership. Most golf clubs make you sell the membership through the club. They set the price and keep a portion of the proceeds. With a fractional or interval ski condo sale you generally sell it at market price and no proceeds are returned to the club. • You pay dues to maintain the facilities, pay for staffing and market and communicate with members and the public who are the clubs future members. • Just like country clubs there is no usually no financing available for a fractional or interval condo purchase. It is a luxury real estate purchase and an investment in lifestyle. • Golf is included in country club dues. With the purchase of a Park City fractional or interval condo you get access to lodging. The number of weeks available and the reservation policies vary from property to property. When buying a fractional mountain resort condo what questions should you ask? • Is the condo ski in ski out and what are the other winter activities will be provided? • What summer activities are organized for you? • Is airport transportation and in town shuttle service provided. You are looking for a hassle free experience aren’t you? • What other amenities are within walking distance to the condo, i.e. restaurants, shopping, ski and bike rentals, etc.? • What are the other owners like? • What level of service are you expecting? What is the staff like? Are they knowledgeable about the property and the community? Are they friendly? • What do you own and how is ownership conveyed? • Are property taxes paid as part of your dues? • If you aren’t going to use one of your weeks what can you do with the condo?

What interval or fractional condos offerings are there in Park City? In Deer Valley: • Deer Valley Club, a Private Residence Club. • Red Stag Lodge • Residences at the Chateaux In Old Town • Sky Lodge At Canyons Resort • Grand Summit Hotel

For expert information on these fractional or interval ownership condominiums or any Park City Real Estate information contact the realty professionals with the YouInParkCity.com Group at (888)968-4672.

Tags: chateaux, country club, Deer Valley, Deer Valley Club, fractional ownership, Park City, Real Estate, Ski, Sky Lodge, social, Utah
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The Chateaux at Silver Lake

By Todd Anderson

Oct 06, 2009

The Chateaux at Silver Lake in Deer Valley is a fantastic option for people who are considering the purchase of a condominium in Deer Valley and want the potential for rental income. The home owners recently signed a contract with the Stein Eriksen Lodge to manage the property which, in my opinion, makes the future even brighter. When a client is interested in generating rental income one of the key factors I look for is the ability for a property to generate revenue on a year round basis. Obviously the Chateaux at Silver Lake's location at mid mountain in Deer Valley generates winter revenue. But what about the spring, summer and fall? With over 9,000 square feet of meeting space the Chateaux has the ability to attract meetings, weddings and other special events throughout the year. Contracting with the Stein Eriksen Lodge will go a long way toward enhancing the perception of the Chateaux in the mind of meeting planners. Convention services, banquets and room standards will all go up a notch. Under the watchful eye of the Stein Eriksen staff the Chateaux's impressive amenities and services which include a large atrium lobby, on-site check-in, evening turndown service, concierge and bell services, complimentary wireless service in each guest room, outdoor heated pool and hot tub, fitness center, specialty shops, underground parking and a gourmet restaurant and lounge will all shine a little brighter. Another asset that the Stein Eriksen Lodge brings to the Chateaux is an experienced sales and marketing team. These people have been working for years developing relationships with groups that appreciate what Park City and Deer Valley have to offer and demand the high level of service and attention to detail that Stein's provides. This group will hit the street running and should have an immediate and positive impact on rental income for those fortunate enough to own a condominium at the Chateaux at Silver Lake. Rob Harris http://youinparkcity.com/

Tags: chateaux, condominium, Deer Valley, income, lodge, Luxury, Real Estate, rental, silver lake, stein, stein eriksen
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