Have you dreamed of living the Park City lifestyle but don’t want to commit to the responsibilities and expense of a vacation home? Then consider the exclusive Ameyalli Residence Club. The area’s newest luxury co-ownership opportunity lies within the Ameyalli wellness community, located in Midway just minutes from Deer Valley Resort’s East Village.
“Ameyalli Residence Club eliminates the high cost and single-location anchor that comes with traditional whole ownership,” explains Rob Goodyear, president of Elite Alliance Hospitality, Ameyalli Residence Club’s management company. “We manage residence clubs around the globe, and our owners tell us repeatedly how much they appreciate this rational, hassle-free way to own a luxury vacation home.”
The residence club is ensconced in the new Ameyalli community that will include an impressive Wellness Center that is being built in partnership with Deepak Chopra and his Chopra Foundation. Residence Club owners and their guests will have full use of the facility, including the natural hot springs, spa, restaurants and more.
“The Wellness Center will have 12 or 13 treatment rooms, plus an underground water grotto system that is like a Roman bath,” says Ameyalli developer Chuck Heath. “It’s going to be a European-style, alpine spa unlike anything else in the United States.”
In addition to the future amenities of the Ameyalli community, Residence Club owners enjoy their own private pool, clubhouse and fitness center.
Paying only for what you need
Research shows vacation homes are typically used just 30 to 35 days a year, leaving the residences unused by owners for the balance of the year. This doesn’t make sense for those who value sustainability and look for smart investments.
Ameyalli Residence Club owners receive a one-eighth deeded real estate interest in one of the club’s 24 beautiful modern homes and enjoy it six weeks a year. Owners can use their lodging personally, send unaccompanied family and friends, make their residence available for rental or exchange vacations through the ThirdHome global exchange program. The deeded club ownership interests can be bought and sold like any real estate, independent of other club owners.
Midway is a charming, Swiss-influenced mountain village that is gaining national recognition. Its scenic and peaceful setting is ideal for those who want to get away from it all while still enjoying easy access to Park City’s restaurants, shops and mountain recreation. It’s an easy, nine-minute drive to Deer Valley Resort’s new East Village via the Club shuttle in winter (eliminating parking hassles), 25 minutes to Park City’s historic Main Street, and only 50 minutes to Salt Lake City International Airport.
Each of the Ameyalli Residence Club’s 24 homes and two larger family lodges come fully furnished, feature four bedrooms and four-and-a-half bathrooms, and boast expansive outdoor terraces with breathtaking mountain views.
Early purchase opportunities
Currently, Ameyalli Residence Club buyers are taking advantage of pre-amenity pricing that is available prior to completion of the Wellness Center facilities. These early adopters are benefiting from a purchase price that is “about half off the expected future price when the Wellness Center is finished,” says Heath, who notes that there are other Park City area co-ownerships selling for as much as $1.5 million.
“It is interesting to note that the luxury fractional vacation home industry started in Deer Valley Resort 35 years ago,” Goodyear says. “Since then, residence clubs have spread around the world due to their obvious logic. Almost all our club owners could afford their own vacation home, but they couldn’t rationalize it.”
Goodyear concludes, “Owners tell us, ‘It’s just like buying a vacation home with friends, only you find our new friends for for us.’”
For more information, visit ameyalliliving.com or call 888-377-1803.
