BIG BEAR, Calif. Prestige Resort Development has broken
ground on its $90+ million The Club at Big Bear Village, the first of its
kind in Southern California and the largest private residence resort in
the country.
| Pamela Jandt, CEO of Prestige, says that the
project, which began sales in early December 2000, is meeting sales projections
and has already launched second-tier pricing beginning at $114,000 for
a three-bedroom and $134,000 for a four-bedroom:
"The demand has been gratifying, which isn¹t a surprise, since
The Club has such a large drive-to market. From almost any place
in Southern California, it¹s only a two-hour drive.
|
Pamela Jandt, CEO of Prestigee
Resort Development, on - site.
|
|
Big Bear is a vastly different market than most, because it¹s easy
to reach, and Southern California has the population from which to draw.
Just as important it has a tremendous concentration of affluence," she
says.
Jandt adds that Big Bear enjoys a confluence of visitors from throughout
the region, and many are seeking to buy real estate. "It¹s a
pristine area, and those looking for value-for-price will find it here,"
she says.
The Club at Big Bear Village is scheduled to open late summer of 2001.
It is designed for prospective buyers interested in a second home without
the complexities of traditional vacation home ownership. It will
be a gated
private residence club and high-end resort, owned by 610 members, each
with a 1/10 undivided, deeded interest ownership. Units include spacious
three and four bedroom townhouses, and three manors. Each has professionally
designed interiors with high-quality fixtures and amenities. |
