One of the fastest-growing trends in the second home market is Co-Ownership. Co-Ownership is not the old timeshare or fractional products which have lost favor amongst buyers. Rather, this is a new legal form of real estate ownership being included in MLS (Multiple Listing) associations across the country. This is a seismic shift in how second homes will be owned and enjoyed. Lifestyle Asset Group invites you to become a co-owner of this extraordinary residence in Breckenridge, Colorado using this innovative model that brings just seven fortunate families to share in the acquisition of the home, the rental income, the annual operating expenses, providing the opportunity to own a $3m, 6 bedroom Colorado vacation home, hassle-free, for a fraction of cost of going solo. This offering is designed to generate enough rental income so the operating costs are covered and each of the 7 co-owners enjoys 3 weeks of use annually at no charge. Should any of the 7 co-owners want to use more than 3 weeks a year, then they can forgo the rental income and pay their 1/7th portion of the annual fees. https://56burntwood.cve.io/
Off market
$2,409,500
56 Burntwood Ln, Blue River, CO 80424
7beds
2,994sqft
SingleFamily
Built in 1995
0.6 Acres Lot
$-- Zestimate®
$805/sqft
$7,582 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Forced air, Gas
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Carpet, Hardwood
- Basement: Finished
Interior area
- Total interior livable area: 2,994 sqft
Property
Parking
- Total spaces: 5
- Parking features: Garage - Attached, Off-street
Features
- Exterior features: Wood
- Has spa: Yes
- Has view: Yes
- View description: Mountain
Lot
- Size: 0.60 Acres
Details
- Parcel number: 6506801
Construction
Type & style
- Home type: SingleFamily
Materials
- Roof: Asphalt
Condition
- Year built: 1995
Community & neighborhood
Location
- Region: Blue River