2588 W Sinagua Trail , #23

Description

Rare opportunity to own a 50% ownership of this amazing property at The Inn at Entrada. The Inn offers fully furnished short term rental (STR) zoned residences within the guard gated side of Entrada that include on-site concierge, hotel-style rental program, full access to the wellness center amenities including pool, spa, on-site instructor led classes, spa services, and to the Entrada golf course. For at least the last decade and under the share profit model program, owners in the rental pool have had the privilege of owning their unit free and clear of all maintenance cost, furniture replacement cost, HOA fees, and Equity Membership monthly fees. The only cost that the owners are responsible for are cleaning fee for their stay (optional), property taxes, and any financing fees. At this time, there is absolutely no other STR program like it in Southern Utah. Owners can arrange with the concierge to book their stay. Although they are not guarantee to stay in their unit, the Inn attempts to always give them access to it. There are currently 29 properties in the rental pool so an owner can stay in any other available unit. In the event that the Inn has a 95% occupancy, the owners may have fees associated with their stay. For the last decade or so these fractional owners have earned anywhere from $9k to $12k net profit a year. This unit comes with an golf course equity membership that is currently valued at $125,000, and has a waiting list 8 applications. However, the owners of this 50% fractional the ability to get access to Entrada's Troon Prive Golf Course anytime outside of their stay in the Inn immediately. Buyers will be responsible for all transfer fees upon closing. The Equity membership transfer fee is $37,500, and Rental Pool Application fee is $25,000. This single-family detached home is 1,968 SqFt, 2 lockout ensuite bedrooms with full kitchen and a studio with a kitchenette providing flexibility for personal use and strong rental potential. The home also includes a 2 car garage, and great covered patio area with outstanding golf course and Red Rock Mountain views. The ownership also includes a full equity Entrada golf membership, combining lifestyle and investment without the burden of maintenance. Step through the courtyard into a bright, open living area with a custom kitchen, and enjoy a primary suite with large windows, a soaking tub, and serene views. The home sits on the 9th green of the Entrada Golf Course, recently redesigned by renowned architect David McLay Kidd and recognized as the #2 course in Utah. Part of the Troon Privé network, Entrada's par-72 course stretches 7,280 yards across some of Southern Utah's most stunning desert landscapes. Residents enjoy world-class amenities, including indoor and outdoor pools, a fitness center with classes, a clubhouse with dining, tennis and pickleball courts, a playground, and a full-service wellness spa. Located in Saint George, the community is close to PGA and LPGA events, the St. George Marathon, Red Bull Rampage, and nearby national and state parks, including Zion, Bryce, Snow Canyon, Sand Hollow, and the North Rim of the Grand Canyonoffering an unparalleled blend of luxury, recreation, and natural beauty. All information herein is deemed reliable but is not guaranteed. The buyer is responsible to verify all listing information, including square footage/acreage, to the buyer's own satisfaction.