Ski In/ Ski Out on a Shoestring in Steamboat Springs

November 20th, 2008
Written by Suellyn Godino
Categories: Community Info

Talk about High Fallutin! Check out What’s new at the Ski Base Area…

Just when you thought that Fractional is the way to go in affordability for ski in/out. Welcome to the life of exclusive social club ownership in Steamboat Springs.

For under $70,000, you can have all the conveniences of a ski-in, ski-out location and get your money back with social club ownerships at the New St. Cloud Mountain Club and One Steamboat Place.

Property	Steamboat Grand	Christie Club	St. Cloud Mtn. Club (Opening December)	One Steamboat Place (Opening next winter)
Public or Private?	Public-anyone can buy or stay at the Grand	Private-only owners and owners’ guests can use the facilities. No rentals.	Private -member only club.	Private-Associate members and fractional owners or their guests. (Only whole owners can rent their units)
Deeded Ownership/ Real Estate Attached?	Yes. You must own a fractional share to use the Grand. No associate memberships.	Maybe. You can use the Christie Club with either a Fractional ownership or associate membership (only includes facilities and parking)	No. St. Cloud Mtn club is a member-only club without real estate. The St. Cloud Resort (once it’s built) will have a separate owners club.	Maybe. Fractional owners can use OSP during their usage weeks. Associate member benefits TBD.
Parking	Free Underground parking for owners in the Grand parking garage	Covered parking at the Christie Club	Valet Parking for 3 years or lifetime, depending on membership	Underground parking
Amenities	Ski storage, owners lounge, après ski, First Tracks, pool, fitness, spa	Ski storage, pool, fitness, après ski functions	Members lounge, member social functions, ski storage, valet parking	Associate member-ski storage, fitness, spa, Fractional and Whole Owner-Reciprocity at other 5 star Timbers properties worldwide.
Dining	Restaurants including Chaps, The Cabin, and Poolside Bistro	None on site	Member dining will include continental breakfast, lunch, and après ski. Private member parties are available.	Restaurants including The Truffle Pig
Lodging	Depending on ownership, 6-13 weeks per year to use or rent out to cover dues.	None with associate membership; Fractional ownership weeks vary each year.	None.	Depending on fractional ownership (1/12^th or 1/6^th), 4-8 weeks a year
Price	Depends on the size of the unit and the number of weeks you purchase, from $50,000-$200,000.	Approx. $50,000 for associate membership or $200,000+ for fractional ownership	Two membership levels: Cloud Nine with permanent valet parking andPassport with valet parking for 3 years. Membership starts at $40,000 for introductory rates.	Fractional ownership for 1/12 is $350,000, $675,000 for 1/6Only 25 social memberships available at the introductory price of $65,000.
Investment potential	Yes, through real estate price appreciation.	Yes, through price appreciation.	No. Your initial investment will be refunded if you no longer desire to be a member.	Yes, for the fractional, potential real estate appreciation.No. Social club member, your initial investment will be refunded if you no longer desire to be a member.
HOAs/Dues	HOA’s-vary with size of unit and fraction (1/8^th or 1/4^th) purchased.	HOA’s-vary with size of unit	Dues-Approx. $3000 per year.	HOAs or Dues-3,500-4,000
Perfect for	Locals and second home owners who want convenient underground parking and ski storage (and a place to house the in-laws when they’re in town.)	Locals and second home owners who want convenient underground parking and ski storage	Second homeowners who want slope side convenience in an exclusive social setting.	Locals and second homeowners who want to get their skis as close to the gondola as you can get in a luxury setting

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