Falcon Point Cottage are fabulous Predator Ridge vacation properties with access to private amenities within the complex as welll as all that Predator has to offer.
A combination of townhomes and cottages, these units are a combination of vacation and fractional ownership.
Outside the units, the extensive community offers unbelievable amenities from the pool, fitness centre and hot tub, to the award-winning golf courses, restaurants, and more.
Within walking distance of world class Sparkling Hill Hotel & Spa; and all within a 10 min drive of lakes, 45 min drive to Silver Star & only 25 min drive to Kelowna International Airport.
Exceptional opportunity to acquire 1/6 share of 3 bed/3bath golf cottage at Predator Ridge. Ownership affords 1 week's exclusive enjoyment every 6 weeks. Offered fully furnished, presenting a turnkey solution, inclusive of a single-car garage, additional storage, use of an electric golf cart. Positioned to provide captivating E and S/E vistas, the cottage overlooks Ridge #17 and Longspoon Pond. Potential for revenue generation through participation in the rental program with owners' split of 55% in summer rental proceeds and 60% during winter months. Financial considerations encompass a 1/6 share of all operating expenses, encapsulating property taxes, strata fees, utilities, insurance, and access to the Fitness Centre. These costs are consolidated within a monthly Owner's Corporation fee totaling $477.64, equating to an annual operating expense of $5,731.68. Phase 2 golf membership for two individuals subject to a transfer fee of $2,291.67. Convenience is further underscored by the proximity to Kalamalka and Okanagan Lakes, facilitating recreational pursuits such as boating and swimming within a short drive. Furthermore, the renowned skiing destination of Silver Star is easily accessible within a 45-minute drive, augmenting the region's appeal for year round outdoor activities. Exceptional opportunity to invest in a coveted lifestyle enclave, combining luxury amenities with the natural splendor of the Okanagan Valley. Option to join Interval International to trade holidays (id:2493)More details
THIS PROPERTY IS EXEMPT WITHIN THE B.C. SHORT-TERM ACCOMMODATIONS ACT. SO NIGHTLY RENTALS ARE ALLOWED. Great opportunity to own a 1/6th of a golf cottage at Predator Ridge! 1 week every 6th is yours to enjoy. Fully furnished turn key property with a single car garage, storage and your own electric golf cart! Beautiful views overlooking Ridge #17 and Longspoon Pond. Generate revenue with the available rental program. 1/6th share of all operating costs including property taxes, strata fees, heat, light, insurance and Fitness Centre within the monthly Owner's Corporation fee of $477.64. Annual Operating Cost is $477.64 x 12 = $ 5,731.68. A huge benefit of owning a 3 bedroom cottage is not having to pay the 2024 summer public rate of $580 per night to vacation at Predator Ridge. Breakeven is only 10 nights ($5,731.68 / $580). Phase 2 golf membership available, valued at $55,000 ($2,291.67 transfer fee applies). Also, at the owner's option, this property can be involved with Interval International where you can exchange for an equal quality property anywhere in Interval's World. Having two world class golf courses to play is a golfer's dream come true! And only a short distance away, we couldn't have asked for a better neighbour with Sparkling Hill Wellness Hotel & their beautiful world class spa. Kalamalka & Okanagan Lakes are a short drive for untold hours of boating & swimming! Skiing at Silver Star is only 45 minutes away! See why this is one of the best places to be! (id:2493)More details
THIS PROPERTY IS EXEMPT WITHIN THE B.C. SHORT-TERM ACCOMMODATIONS ACT. SO NIGHTLY RENTALS ARE ALLOWED. Own 1/6th of a fully furnished cottage & every 6th week is yours to use. Arrive & enjoy many activities & then go home without having to prepare much to leave your cottage! Easy to come & go! Generate revenue to help with the annual expenses when you’re not here. Maximize the shoulder seasons when the crowds are gone & the weather still great. Predator Ridge has a great community feel with golf, tennis/pickleball, biking/hiking, etc. Included in your monthly Owner's Corporation Fee of $423.46 is year-round access to the Fitness Centre with indoor pool, hot tub, steam rooms, weight room/exercise room & yoga studio. Having 2 world class golf courses to play is a golfer's dream come true! Racquet Club offers great tennis & pickleball courts. Hiking & biking trails are 1st class. Only a short distance away, just up the hill, we couldn't have asked for a better neighbour with Sparkling Hill Wellness Hotel & their beautiful world class spa. Sparkling Hill was voted the world's best wellness hotel in the mountain category! Kalamalka & Okanagan Lakes are a short drive for summertime boating & swimming! Skiing at Silver Star is only 45 minutes away! Ask how Interval International can be used. Valuable Phase 2 Golf Membership available on payment of a transfer fee of only $2291.67 (Value of $55000). See why this is one of the best places to be! (id:2493)More details
Data was last updated November 22, 2024 at 06:45 PM (UTC)
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