To experience the fullness of the Number 1 Ski Resort in North America (as voted in SKI Magazine's Annual Reader Survey for 2007), look no further than the incomparable destination of Vail, Colorado. Within Lionshead Village, The Ritz-Carlton Club will be adding its tenth property to its growing portfolio of world-renowned locations.
Since introducing its fractional-ownership residence clubs in 1999, Ritz-Carlton has become a ubiquitous part of that segment of the second-home market, especially in Colorado, where the brand already has two clubs in Aspen and at the Beaver Creek Resort. Now comes a Vail project. In the town’s
Lionshead Village section, it consists of 45 two- to four-bedroom condominiums sold in one-12th deeded fractional shares that grant owners three weeks of use a year. The residences will be in a castle-like six-story building that will also hold 71 full-ownership residences, which were first offered for sale in early 2007 and currently start at $2.9 million. The fractional residences, from 1,300 to 2,874 square feet, are sold furnished and include hardwood floors, coffered ceilings and gas fireplaces. There will be a private lounge with a bar, a library, a fitness center, a children’s activity program, spa treatment rooms and the pool. A gondola and a lift that connect the town to the resort’s mountain are within walking distance; a new gondola closer to the project’s site is planned.
Fractional shares start at $250,000 - for more information visit: PrivateResidenceClubs.com/Vail-Residence-Clubs
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