Tanavista, Shared Living in Mammoth

by Deidre Woollard (RSS feed)
Mar 23rd 2007 at 8:02AM

Tanavista is the latest development in the increasingly luxe Mammoth ski resort town in California. Tanavista is a quarter ownership resort development for second homeowners. There will be 45 residences located on the Sierra Star golf course and within walking distance to The Village at Mammoth which offers shopping and restaurant options. The properties include one to three-bedroom residences ranging from 775 square feet to over 2,000 feet. The homes feature large expanses of glass with wood elements to give the development an Alpine village feel. Shared amenities include an owner's lounge, games room, fitness room, den and an outdoor hot tub. Quarter ownership entitled you to one quarter of the home's time each year (13 weeks per year plus special arrangements for the Christmas holiday season ever four years). The quarter share can be rented out or sold by the owner. The homes are professionally managed and maintained with all expenses shared by the owners. Prices start at just under $200,000 per share and the homes should be ready in 2009.

Tags: california, fractional ownership, mammoth, ski resort, tanavista