Sundrops on Caney Fork


Twin Cottage - Private ResidencesTwin Cottage - Private ResidencesTwin Cottage - Private Residences

Twin Cottage - Private Residences

Sundrops Private Residences or shared ownership program The rich and famous discovered years ago that owning a fraction of certain luxuries is often a better way to own. From Warren Buffet and "net-jets" -to yachts and vacation homes, paying for only the fraction of what you use, while retaining the benefits of ownership just makes sense in some instances. Private Residences and shared ownership programs are one of the fastest growing forms of real estate. The Sundrops Private Residences, a shared ownership program, are twin cottages, approximately 1750 square feet. The design and décor is elegant and refined with a rustic mountain flare. The cottage comfortably sleeps 4-6 people and has an outdoor covered porch and fireplace. Owners will receive a 1/12th undivided deeded interest in their home, which means you have a month a year in the mountains. On average, you would have the ability to spend a week each season in the mountains. Should you ever decide to sell your interest any general real estate broker can list and sell it for you, as it is deeded real estate. In addition you can rent your unused time as provided for in the use plan. Each share will sell for $49,900 per share.

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