The Denver Post

With a ski experience that’s ranked one of the world’s best, Residence Club in heart of Snowmass Village starts from $200K

- Mark Samuelson writes on real estate and business; you can email him at mark@marksamuel­son.com. You can see all of Mark Samuelson’s columns online at DenverPost.com.

It’s par t of the fifth top-rated ski resor t on the entire planet — ranked as “Best in the West” by Ski Magazine — at a destinatio­n that’s the only one outside the Alps that regularly sees homes sell for $25 million.

So, when ownerships in a new building at the heart of Snowmass Village — steps from the gondola — are of fered at prices from $200,000, it’s wor th paying attention.

That’s the entr y price for fractional ownerships in the newly released One Snowmass Residence Club, a luxur y residentia­l project in two new cornerston­e buildings called One Snowmass, wrapped in shopping and dining that arrived with a $600 million makeover of Snowmass’ base village.

A collaborat­ion between KSL, Aspen Ski Co. and East West Par tners, One Snowmass is in final constructi­on now — already welcoming new owners to finished units, where they discover the new vilover lage, spend evenings on their rooftop Sky Terrace with a fire pit and infinity spa, and enjoy a yoga studio, 2,500-foot fitness facility and more.

Eleven two-to-four-bedroom residences are set aside for fractional ownerships, from $200,000 depending on size and guaranteed primar y-use periods. Unlike typical residence clubs, One Snowmass of fers an oppor tunity to own fixed-use periods, with flexible use each year. Ownership structures are an improvemen­t typical fractional­s, says Greg Traxler, project director of marketing and sales for One Snowmass Residence Club.

“We drew upon our resources and experience­s over the last 30 years to attempt to improve the standard model and hopefully remove the drawbacks of previous fractional projects,” Traxler adds. “One of the challenges has been the lack of an exit strategy after lifestyle changes outgrow ownership.”

At One Snowmass, after 10 years in The Residence Club, owners can vote to sell as whole ownerships and share in the proceeds propor tionally.

You can come check it out this weekend while Snowmass is repor ting 58-inch midmountai­n depths. Tour the new residences and amenities, and if you like their looks, The Residence Club still has a few Founder Member positions available that include a 10% reduction from list price.

Traxler adds that you’ll also get four premier ski passes for the first two seasons at Snowmass and Aspen’s other three mountains, plus a five-year membership in Inspirato, a premier destinatio­n club with access to luxur y homes and estates around the world — made available without an outdated exchange process or time deposits.

Premium two-, three- and four-bedroom options all show quality finishes, says Traxler. “Our new owners include those who already own second homes and don’t wish for another, as well as younger par ties not quite ready to purchase whole ownerships in the Aspen area but who still want Aspen’s skiing experience and a high quality of residency,” he says.

The crew at One Snowmass Residence Club has also created a reser vation app that owners can access 24/7 to reser ve a residence from their phone or laptop. Traxler says the experience is a lot like L yft, where you get a real-time view of availabili­ty and a confirmati­on that you’re booked.

Resident-owners are also awaiting the arrival of a new Tesla Model X that One Snowmass has ordered for private owner trips into Aspen. If you’re interested, the One Snowmass Residence Club Team can host you at the village for a “Stay-andPlay” experience of ownership, using the amenities that are the new Snowmass Base Village. Visit OneSnowmas­sResidence­Club.com.

 ??  ?? One Snowmass Residence Club sits in the heart of Snowmass Village. Right, artist’s conception of a newly opened residence at One Snowmass.
One Snowmass Residence Club sits in the heart of Snowmass Village. Right, artist’s conception of a newly opened residence at One Snowmass.
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