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BlueWing Lodge Joins Fractional Share Network

COPPER MOUNTAIN, CO-Intrawest is undertaking its first fractional share condo project in the nation at BlueWing Lodge. Its Canadian resorts are sold out with the plan. The price is right and the demand's there, says a company official.

By John Rebchook | Updated on March 21, 2001

COPPER MOUNTAIN, CO-Intrawest Corp. will build its first “fractional ownership” condominium project in the US at Copper Mountain, a ski resort it owns off Interstate 70 in Summit County.

Prices at the BlueWing Lodge at Copper Mountain are starting at $79,900 for a share of a one-bedroom unit. With a fractional ownership program, buyers buy a 25% interest in a deed. Timeshare owners, by contrast, typically buy time, but don’t actually own a piece of the real estate.

The 66-unit, $25-million BlueWing Lodge at Copper Mountain, will allow 264 fractional ownership transactions. Some people are expected to buy more than one fraction. Two bedroom units are selling for $119,900 and three-bedroom units go for $177,900. The fully furnished units range in size from 650 sf to 1,670 sf. BlueWing Lodge also will have concierge service, a $2-million swimming pool/fitness area and high-end interior features such as granite countertops.

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