Fractional: Private residence memberships launched at North Carolina resort
Catatoga, a 308-acre resort community near Lake Toxaway in North Carolina, has launched private equity residence club memberships.
The Residence Club at Catatoga offers one-eighth deeded interests in either a single-family residence on a private wooded home site or the Lake Lodge overlooking 22-acre Lake Catatoga. Both properties include full access to Catatoga Club’s extensive amenities including two miles of private trout fishing.
The three-bedroom, three-and-one-half bath single-family residences cost $125,000 for a 1/8th share, while the Lake Lodge offers owners a six-bedroom, six-full and two-half bath fully furnished lakefront lodge for $350,000. The Residence Club at Catatoga offers unlimited, flexible use to owners all four seasons of the year (subject only to the club’s reservation policy and availability).
“The Residence Club at Catatoga allows buyers seeking a world-class mountain getaway the opportunity for home ownership at reasonable prices without the concern and complications of constant maintenance and upkeep,” says Steve Schneider, Merrill Trust Group’s director of sales and marketing. “At Catatoga the club staff takes care of all your needs, including daily cleaning and housekeeping, concierge services, and maintenance. It’s an ideal vacation home solution.”
www.catatoga.net
Fractional Life
