This article originally appeared in FraxFinderPart of Aspen’s unique cachet lies in its relative isolation, as it was not until 1879 when a few pioneers crossed the Continental Divide, discovered a Ute hunting area, and stayed. They found that the area was not only rich with game, fish, and fresh water, but also with a great abundance of silver. So even then, the dream of exceptional wealth, combined with the intrigue of getting away from it all, were main attractions of Aspen, much the same as it is now. To most who visit Aspen, it is still hard to get to, but well worth the trip.

 

Fractional and high-end destination clubs are usually placed in and around the most elite of destinations, and Aspen is arguably the most elite ski destination in Colorado. The cachet of Aspen is multifaceted: a winter hub for the rich and famous, a world-class destination for extreme sports fans and exceptional skiers, and a place known in the Spring and Summer for its wine, film and music festivals.

In recent years, fractional real estate has become quite popular as a second or third home alternative for those who love Aspen. Here is a list of the most exclusive, the most expensive, and the most amenity laden:

The Residences At Little Nell

At present, the RLN is most expensive fractional private residence club in existence, ranging in price from a 1/8 share at $1,900,000 to a ¼ share at $3,800,000. There are 26 residences, adjacent to the Silver Queen Gondola, at the base of Aspen Mountain, with nineteen three-bedroom units and seven four bedroom units. The four bedroom units have been sold out.

The St. Regis Residence Club Aspen

The St. Regis, also close to the base of Aspen Mountain, and two short blocks from downtown Aspen, offers for fixed or four rotating weeks per share in their two or three bedroom residences. In addition, the Remede Spa and the Aspen Back Institute, both renowned for the healing therapies and treatments, are on property. Fractional re-sales at the St. Regis range from $170,000 to $1.2M per share.

The Hyatt Grand Aspen

The Hyatt Grand Aspen offers 50 residences ranging in size from one- to four-bedroom suites with 33 unique floor plans. The Hyatt Grand Aspen is the first purpose-built luxury Aspen timeshare ownership project in downtown Aspen. Located at the base of Aspen Mountain, Hyatt Grand Aspen combines fixed week ownership and flexibility of floating space-available time as well. Pricing ranges from $125,000 to $2,450,000 per share.

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Dancing Bear Aspen

Dancing Bear Aspen is located in Aspen’s downtown area near Wagner Park. There are 20 residences sold in one-eighth fractional shares that grant owners at least six weeks of use a year. One of the buildings has been completed, and the other is expected to be ready in June 2010. There are nine three-bedroom corner units, averaging about 2,100 square feet, in the finished building, which has an exterior of red sandstone, black slate, steel and copper. Prices start at $775,000 per 1/8 share.

The Snowmass Club

$150,000 - $475,00 per 1/7-1/8 share.

The Residences at Snowmass Club off either fractional or whole ownership, of two through five bedroom townhomes. Phase 1 of the Residences offer 1/7 fractional ownership, and phase 2 offers 1/8 shares, ranging in price from $150,000 to $475,000 per share. At the Residences at Snowmass Club, owners are welcomed into warm surroundings that echo the Aspen/Snowmass mountain lifestyle. Award-winning architecture features oak hardwood floors, custom- designed carpets, fully equipped kitchens with slab granite countertops, and steam showers. And of course, all homes come complete with exceptional views of surrounding peaks.

The Ritz Carlton Club Aspen Highlands, The Ritz Carlton Destination Club

The Ritz-Carlton Club, at Aspen Highlands sits at the foot of a 12,500 ft. mountain with stunning views and 125 trails. This ski-in/ski-out village is surrounded by terrain for every class of skier and includes the legendary "Highland Bowl." Two and three bedroom residences look out and up on Upper, lower and mid-mountain terrain. The Ritz-Carlton Club, Aspen Highlands is located 5 minutes from the Aspen-Pitkin County Airport, 20 minutes from Snowmass, 2 hours from Vail and Vail/Eagle Airport.

It must also be mentioned that The Ritz Carlton recently launched its own destination club, and Aspen Highlands is one of its destinations. The Ritz-Carlton Club offers two purchase choices, – either a Home Club Membership (identical to the successful fractional ownership offering noted above)) which provides use of a titled residence at a property they can return to throughout the year, or a deeded, destination club Portfolio Membership which affords the opportunity to discover a wide variety of premier destinations and accommodations. Home Club prices range from the low $100,000s to the low $800,000s per deeded interest. Portfolio Membership pricing starts at $130,000 for 5,000 annual Club points.

Roaring Fork Club

The Roaring Fork Club is 15 miles outside of Aspen, near the small village of Basalt, Colorado, at the confluence of the Roaring Fork and the Frying Pan Rivers. Since 1999, this private club that features a Jack Nicklaus Signature Golf Course and exceptional fly fishing, with certified Orvis ® instructors.

The residences at the Roaring Fork Club combine whole and fractional ownership. 48 rustic hand-hewn log cabins are spread out around the property from the wooded riverbanks and areas along the fairways to those perched against the hillsides. The one and two story cabins have 3 bedroom, 3.5 bath floor plans. Residences closer to the Main Lodge are a scaled down version of the larger cabins. The outdoor fireplaces and roomy decks are also features of the Lodge Residences. Being situated on the top of the hillside, the Lodge Residences offer excellent views of the Jack Nicklaus Signature course, the fishing ponds, and the unimpeded views of the Roaring Fork Valley. Wholly owned cabins range from $3.6 to $6M, fractional pricing for ¼ share as of this writing range from $650,000 to $765,000. 1/6 and 1/8 shares are less. The Lodge residences are 1/6 ownership range and range from $219,000 to $314,500

The Timbers Club Snowmass

The Timbers Club at Snowmass is a Private Residence Club located at the base of Assay Hill at the Snowmass Ski area. The ski in/ski out member owned club has 36 3 bedroom and four town home residences, with a total of 288 fractional memberships starting at $418,000 - $500,000 for 1/8 share.

The Innsbruck

The Innsbruck is a fractional ownership residence development in Aspen, Colorado. Seventeen furnished residences are being offered on a deeded 1/12 interest, ranging in price from $93,700 to $227, 000. The Innsbruck is in the heart of Aspen, within easy walking distance to the Aspen Music Festival, the historic Wheeler Opera House, Theater Aspen and the quaint boutiques, galleries and restaurants of downtown Aspen. The Innsbruck Ownership Program guarantees owners a minimum of four weeks in residence per year, three selected from prime vacation seasons and one from shoulder seasons. Additional vacation weeks are always offered to The Innsbruck owners on a space available basis with no minimum length of stay.

Quintess

Quintess is a, non-equity based destination club, where members pay an initial membership fee, plus annual dues. They do not own the residences, but partake in their exceptional amenities. Quintess is the only club that has two residences in Aspen, one in town, the other on Red Mountain. Membership price levels ranges from $210,000 to $715,000 depending on the number of days desired.

Abercrombie & Kent – Aspen/Snowmass Residence

The Abercrombie & Kent Residence Club is an equity based destination club, meaning that members own and use the properties in the club portfolio. The Aspen Snowmass residence owned by the Club is on Brush Creek in the Snowmass Club, at the base of Snowmass Mountain and less than 10 miles from the heart of Aspen.

Membership deposits range from $225,000 to $495,000, depending on whether the member/owner chooses 15 or 45 nights a year.

Still Others

Green Aspen Lodge

Jet Luxury Resorts

Prospector of Aspen

Shadow Mountain Lodge

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