We are excited to introduce our second destination offering in My Vacation Home LLC: Lifestyle Telluride - a truly awe-inspiring mountain home located at 100 Stevens Drive in Mountain Village.
Let’s start at the beginning
What is Lifestyle Telluride, LLC? Simply put, Lifestyle Telluride, LLC is the most recent iteration of our ground breaking vacation home offerings that joins two other products of Lifestyle Asset Group. Those two existing LLCs are called LifestyleOne, which was the debut offering of the company, and Lifestyle WaterColor, our first single destination offering that closed just 60 days ago.
LifestyleOne is an LLC designed for those with a sense of wanderlust as there are multiple destinations owned by the LLC in that offering. Current destinations include St. John USVI, New York City and Seabrook Island, SC. Next up: Tahoe, Cabo and Hawaii..
Lifestyle WaterColor, LLC is a very different offering. This LLC was created to be a smart, sensible and affordable way to own a dream single beach house, not a collection like with LifestyleOne LLC, along the Florida Gulf for just 8 fortunate families.
The WaterColor LLC sold out in just 8 weeks, in large measure because all 8 members of the LLC were huge WaterColor, Florida fans. They were keenly interested in owning a vacation home in the area, but were simply unable to justify the economics of buying a $3 million home on their own.
Instead, Lifestyle WaterColor offered a way to own a truly remarkable WaterColor, Florida home at a fraction of the purchase cost and annual expenses. All the details can be found here: www.lifestyleassetgroup.com/watercolor .
Introducing Lifestyle Telluride LLC
The purchase price of Lifestyle Telluride, LLC at 100 Stevens Drive in Mountain Village is $4.275M. The home is a grand, authentic log home with endless panache ideally located on a private acre of aspen and pine trees. From just about anywhere in the home, you have inspiring views of the peaks of nearby San Juan Mountains.
With slightly over 6,100 square feet, this mountain escape will comfortably sleep 12, and even more should the need arise. Yet it is also a great getaway for small parties based on the smart design of the residence.
For skiers, the magical words “ski- in, ski -out” will be very welcome as that kind of ski slope access comes from the end of the driveway.
The huge outdoor decks of 100 Stevens Drive were carefully designed to ensure you are afforded the best views of the forested acre and the mountain tops while allowing for plenty of beautiful Colorado sunshine to soak in. No mountain property of this caliber is complete without a state of the art outdoor Jacuzzi and 100 Stevens Drive features a brand new tub that is just being installed.
So how will this all work should you wish to become a member of Lifestyle Telluride, LLC?
It is simple. The details are as follows:
- The 8 LLC shares of Lifestyle Telluride, LLC are being offered at $591,000 per share.
- The annual costs per Member of the LLC will be $15,500 and that is billed quarterly at $3,875.
- Each full Member of the LLC will easily enjoy somewhere between 30 to 35 nights per year, including up to 14 nights during the ski season.
- Closing is expected to occur by mid to late December, or sooner if the offering sells out quickly.
- The term of Lifestyle Telluride, LLC is 8 years from the closing date. At the end of the term, the home will be sold at the highest value possible. Then, each LLC member receives first their original capital contribution back in full and thereafter, shares in the gains in value that occurred over the term. Some would say this is the perfect way to mix business with pleasure.
Due to the limited number of shares available, we encourage you to act now before this unique Telluride opportunity is spoken for.