This is the first in a series of articles about fractional and private residence club sales and resales in specific destinations. Aspen Colorado is the most chic ski resort in the US and also boasts a thriving summer program that makes it immensely popular year round.
Visitors to Aspen will find a restored historic town, two nearby preserved ghost towns offering a glimpse of the region's rich mining history, excellent trout fishing, and nearly every outdoor activity imaginable. There are four ski mountains that attract world-class skiers in the winter, and numerous cultural events and concerts at the world-renowned Aspen Music Festival in the summer. The town also boasts renowned dining and shopping options.
With this popularity as a vacation destination for the affluent, the town and its surroundings are home to a large selection of fractional and residence club homes. Prospective residents can choose from studios to five-bedroom residences offering owners fraction sizes from 1/20 to 1/3 shares. Prices for Aspen fractional properties range from $10,000 to $2.8 million. We searched through the MLS (multiple listing service) and found over 250 listings for fractional property in the Aspen area. Below is a summary of our findings.
| Property | # Fractions For Sale | Bedrooms | Price Range | Fraction Size |
| Hyatt Grand Aspen | 7 | 1 | $99k-$395k | 1/12-1/20 |
| Hyatt Grand Aspen | 23 | 2 | $155k-$1.0m | 1/12-1/20 |
| Hyatt Grand Aspen | 39 | 3 | $179-$1.15m | 1/12-1/20 |
| Hyatt Grand Aspen | 3 | 4 | $179-$1.15m | 1/12-1/20 |
| Hyatt Grand Aspen | 1 | 5 | $2.25m | 1/12 |
| St. Regis Residence Club | 30 | 2 | $165k-$1.1m | 1/4-1/12 |
| St. Regis Residence Club | 17 | 3 | $390k -$1.2m | 1/10-1/12 |
| Residences at Little Nell | 2 | 3 | $1.5m | 1/8 |
| Residences at Little Nell | 4 | 4 | $1.9m-$2.8m | 1/8 |
| Ritz Carlton Club | 17 | 2 | $129k-$240k | 1/12 |
| Ritz Carlton Club | 58 | 3 | $160k-$575k | 1/6-1/12 |
| The Timbers Club | 8 | 3 | $419k -$500k | 1/8 |
| The Innsbruck | 2 | 1 | $90k | 1/12 |
| The Innsbruck | 7 | 2 | $175k-$220k | 1/12 |
| Snowmass Club | 9 | 2 | $150k-$217k | 1/7 |
| Snowmass Club | 9 | 3 | $260k-$307k | 1/7 |
| Snowmass Club | 6 | 4 | $250k-$320k | 1/8 |
| Snowmass Club | 4 | 5 | $375k-$475k | 1/8 |
| Roaring Fork Club | 8 | 1 | $245k-$315k | 1/6 |
| Roaring Fork Club | 6 | 3 | $499k-$795k | 1/4-1/6 |
In addition to all the above fractions there are also several single family homes that have fractions for sale and some other residence clubs with just a few fractions for sale.
The enormous variation in pricing in the table above is due to a variety of factors, including the size of fraction or share, the location, fittings and services of the property and whether you are buying a fixed time period or whether your time "floats". Some properties offer fixed weeks - so for instance if you always want to visit during Christmas and New Year you'll have to pay a significant premium. As a specific example the $2.25m being asked at the Hyatt is actually two residences combined to make one 5-bedroom unit, and the owner owns both Christmas and New Years weeks.