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What Would You Pay to Spend Christmas and New Year's in Aspen Every Year for Life?


News provided by

Gary Feldman

Aug 02, 2017, 08:40 ET

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ASPEN, Colo., Aug. 2, 2017 /PRNewswire/ -- Seasoned Aspen Luxury Realtor Gary Feldman has listed an incredibly unique opportunity for the right buyers: Christmas, New Year's, Food & Wine Classic weeks every year — all at the prestigious St. Regis Aspen Resort. Feldman represents the owner of an ultra-luxury, 3-bedroom, 2.5-bathroom condominium; as well as a 2-bedroom, 2-bathroom condominium — both fixed-week fractional interests — at the acclaimed resort, during these sought-after times of year. 

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The St. Regis Aspen
The St. Regis Aspen

"Normally, a fractional condominium owner has the use of Christmas and/or New Year's weeks every four to six years," said Feldman. "In this case, the fractions have these guaranteed weeks every year. The owner does not have to deal with a hotel or rental agent to secure them; and is perfect for the buyer who doesn't want to own or manage a comparable home priced at $7–$8 million."

The 3-bedroom, 2.5-bathroom property is offered at $1.35 million; the 2-bedroom, 2-bathroom for $950,000. The residences include access to the admired amenities at The St. Regis Aspen Resort, including the Remède Spa, voted #1 Spa in the World by Travel + Leisure in 2014. Other impressive amenities include Trecento Quindici Decano restaurant, Shadow Mountain Lounge, Chefs Club by Food & Wine, complimentary Lexus courtesy vehicles, an outdoor heated pool, fitness center and world-class resort concierge services.

Examples of alternative possibilities* to owning the St. Regis fractional interests offered by Feldman include:

  • The 3/3 condominium at The St. Regis Aspen Resort rents for $6,500 per night for New Year's Eve week, coming to a total of $45,500.
  • The Little Nell fractional units are being listed at approximately $1.1–$1.2 million. There, it is unlikely that a buyer would be able to occupy the property during both Christmas and New Year's weeks, and the buyer would only get one of those two weeks every three to four years, based on rotation.
  • The most similar property to The St. Regis Aspen Resort for whole ownership, which would include hotel amenities similar to The St. Regis, is The Hotel Jerome Residences at The Mill.  The asking prices for these residences are $7–8 million. 
  • The asking price for a 4-bedroom, 4-bathroom penthouse at the Dancing Bear Aspen (without hotel amenities) is $30 million.    

*Information located at www.flexmls.com/link.html?1aozlhvpr1p2,2,1 

Tweet: Incredibly unique fractional properties for Christmas/New Year's weeks & more at #StRegisAspen listed by seasoned Realtor Gary Feldman.

About Gary Feldman
Realtor Gary Feldman has over 30 years of experience selling Aspen's finest properties. He is a broker associate with Aspen Snowmass Sotheby's International Realty. In 2016, he was recognized as No. 13 nationally in the "Average Sales Price" ranking by REAL Trends/The Wall Street Journal. He is also the past president and REALTOR® of the Year — Aspen Board of REALTORS®, and chairman of the Professional Standards Committee for more than 10 years. He represented the buyer in the highest priced Aspen sale in 2016, at $24 million. For more information, visit www.garyfeldman.com, call 970.948.3737 or email [email protected].

About The St. Regis Aspen Resort
The St. Regis Aspen Resort has been recognized by Condé Nast Traveler and Travel + Leisure as a leading destination resort and has been named a Platinum Choice Award Winner by Smart Meetings magazine. With elegant décor, unrivaled luxury and the trademark bespoke service for which The St. Regis group of hotels is known, guests enjoy an unparalleled experience at this quintessential mountain retreat. Resort amenities include the Trecento Quindici Decano restaurant, Shadow Mountain Lounge, Chefs Club by FOOD & WINE, Remède Spa, complimentary Lexus courtesy vehicles, an outdoor heated pool, fitness center, world class resort concierge services and 25,000 square feet of meeting space. For reservations or more information, call 1.888.454.9005 or 970.920.3300 or visit the website at www.stregisaspen.com.

Media Contact:
Nicole Cornella  
Durée & Company, Inc.  
954.723.9350 
[email protected]

SOURCE Gary Feldman

Related Links

http://www.garyfeldman.com

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