Storied Places – Private
Residence Clubs
Have you ever dreamed about owning a private,
exquisite home in the most exotic locales? Storied Places
Private Residence Clubs are your type of exclusive community.
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The Storied Places Private Residence Clubs are
privileged communities that provide an escape to extraordinary
locations with advantaged access around North America. Built
by the affluent for the privileged, Storied Places provides
a vacation home ownership opportunity that is worry-free, flexible
and exciting.
Storied Places Locations
There are currently five Storied Places exclusive communities
launched to date. All of these Storied Places communities provide
the most amazing vacation experiences in their respective locations.
With amazing owner privileges, Storied Places owner’s
lodges, and the finest care, all services are delivered in the
most unpretentious manner. The Storied Places Service includes
the management of your entire luxury residence to the detail
through Resident Innkeepers who have intimate knowledge of the
region, your needs and requirements during your travels.
Locations for Storied Places communities are chosen based on
exclusiveness, lifestyle choices and luxury living. We're sure
you won't be dissappointed by the Storied Places location choices.
The five Storied Places built by Intrawest Corporation
include:
1. Storied Places – At Nature’s Door, Whistler,
British Columbia
2. Storied Places – Tonopalo, North Lake Tahoe,
California
3. Storied Places – The Residences at Snowmass Club,
Aspen-Snowmass, Colorado
4. Storied Places – Legendes, Tremblant, Quebec
(launched in 2005)
5. Storied Places – Inspiration, Sandestin, Florida
(launched in 2005)
The Future of these luxury community developments
With the past success of the Storied Places in Whistler, Lake
Tahoe, Aspen, Tremblant and Sandestin, Storied Places has planned
the development of two more exclusive communities. With the
exquisite locations chosen, the next two Storied Places will
be:
6. Storied Places – La Scala, Lake Las Vegas, Nevada
(opening in 2007)
7. Storied Places – Altis, Mammoth Lakes, California
(opening in 2007)
History of Private Residence Clubs
Storied Places is an Intrawest Corporation company. Intrawest
Corporation is one of the world’s leading resort operations
and destination resort real estate development company. With
the launch of Storied Places, Intrawest was able to create exquisite
getaway luxury homes and private residences in the world’s
most exquisite and exciting locales. The Storied Places Private
Residence Club provide excellent personal services with a great
fractional ownership model.
Currently, Storied Places is operating five luxury communities
in North America with two planned Storied Places communities
coming this year.
Storied Places Fractional Ownership
Storied Places was launched in response to the changing times
in real estate developments and marketing. With so many real
estate development projects going on in North America, it was
hard for the affluent community to find a truly unique and private
residence during the flood of new real estate listings. With
Storied Places, the concept of luxury residences at fractional
costs through fractional or shared ownership was born.
The entire concept of Storied Places fractional ownership centered
around real estate investment and resort home usage at Storied
Places exclusive communities. With vacation or resort homes
at such developments like Storied Places, usage per year is
very low, and therefore, people would literally be throwing
away their money during the time that they don’t spend
at their vacation homes. Most resort home owners, like at Storied
Places if it weren’t a fractional ownership real estate
development, would only use their property four weeks per year
on average.
With Storied Places, the concept is very simple. Fractional
ownership of vacation homes and residences presents a unique
opportunity for families to own private residences in great
locations for the fraction of the price. Storied Places fractional
ownership is often referred to as Storied Places shared ownership
of resort property as well.
Benefits of Storied Places Fractional Ownership
of Resort Property
With a large amount of property capital stuck in their purchased
luxury resort property, the Storied Places concept was new and
refreshing for many. As people are always looking to maximize
their dollars when purchasing luxury residences, they loved
the Storied Places idea of buying into a real estate fraction.
In this model, fractional ownership of Storied Places luxury
and private homes would allow people to enjoy their four to
six weeks away at their private residence at exclusive Storied
Places communities and also allow them to only purchase them
for that period of time. Other Storied Places owners would own
their share of the private residence during other weeks of the
year.
‘Chaptered Ownership’ or Shared
Ownership Defined
With the fractional ownership model of owning resort real estate,
Storied Places termed this investment opportunity as ‘chaptered
ownership.’ Basically, ownership of the exclusive homes
are in the form of ‘Chapters’ or ‘Fractions.’
Each Storied Places Owner would receive a deeded title offering
a specific number of weeks per year (dependent on the Storied
Places location) of guaranteed usage. In addition, the fractional
ownership opportunity at Storied Places, or chaptered ownership,
would allow unlimited additional access whenever there is space
available at the Storied Places exclusive community.
With Chaptered Ownership at Storied Places, owners would actually
own the residence for a specified amount of time. The deeded
piece of real estate can be listed on MLS and can be resold
by the Storied Places owner. This is where Storied Places chaptered
ownership differs from traditional fractional ownership or shared
ownership and even timeshare communities.
Trading Stories – the next step
In addition to owning their exclusive residence at Storied Places
communities, Owners also have the option of ‘Trading Stories.’
This program was devised by Storied Places to allow residence
owners to trade their time at their Storied Places with another
owner at another location. This will allow owners to experience
different locations and different exquisite communities throughout
North America. The Trading Stories program is only offered for
Storied Places owners and their guests and also includes direct
exchanges with real estate trading partners in North San Diego,
Jackson Hole and Scottsdale, Arizona.
With so many opportunities to travel and live in luxury, why
not try Storied Places today. Fractional ownership or chaptered
ownership opportunities at Storied Places are still available
at every location, but chapters are selling out quickly. With
locations in the most exotic warm and cold destinations, there
is something for everyone at Storied Places exclusive communities.
From the white sand beaches at Sandestin, Florida to the world-class
skiing resort at Whistler, British Columbia, Storied Places
offers the best possible resort experiences and lifestyles.
The Storied Places launch at At Nature’s
Door in Whistler, British Columbia
Using this fractional ownership model, the first Storied Places
was launched back in 2002. Storied Places At Nature’s
Door in Whistler featured exquisite finishing and details. With
private residences in the form of log cabins, Storied Places
At Nature’s Door provided people with the option to buy
a fraction of a home for the fraction of the price. As well,
with fractional ownership at Storied Places At Nature’s
Door in Whistler, there would be no worries about day-to-day
maintenance that is often associated with secondary resort homes.
Vision and Mission
The Storied Places vision is: Our Vision is simply, to be the
world’s leading developer and operator of private residence
communities.
The Storied Places mission includes the following:
We create and nurture exquisite enclaves of private residences
in the world’s ultimate places to play. The Storied Places
mission is put in action through the following ways: Create
and Nurture, Exquisite Enclaves, Storied Places Private Residences,
Ultimate Places to Play.
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