New HCC Location - Lake Tahoe...

....

This new and luxurious 2-bedroom residence ( 1300 sq ) is right inside Northstar Village, within walking distance to the chairlift, ice rink, restaurants and Tahoe’s vibrant night life. Golfers will love the close proximity to area courses, and it’s only a ten-minute drive to Lake Tahoe. If you want a cozy night in, watch the skiers cruise down the mountain from the comfort of your gorgeous living room.

http://highcountryclub.com/destinations/Lake_Tahoe.asp

"under contract"

so its a Northstar condo?

Which building?

....overlooking the ice skating rink?

Seems like HCC has several ski resorts, are a lot of the members in the northern CA area?

Las Vegas/Miami/Key West/Kaui/Scottsdale would be nice. But I am not a member (yet) so just looking in from the outside.

I am looking a potential trial for Tuscany/Europe trip, I wonder if it is doable to get Tuscany in the summer.

Lot's of people have requested this location. I just wish it had 3 bedrooms.

It was my understanding that HCC advertises 1 new property for every 6-8 memberships sold. However, I have been following HCC for about 2 months and have not seen any new properties become available. Has there been a delay in getting new properties or did I simply not notice the additions? Maybe under contract assumes the new properties?

I have been following HCC for about 2 months and have not seen any new properties become available.

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1. PVR was added 1 month ago, and has been available for 2 weeks.

2. OBX has been "being furnished" for 6 weeks+

3. Punta Mita has been "being furnished" for 2 weeks+

then 2 more under contract.

GOLFNBEACH said:

It was my understanding that HCC advertises 1 new property for every 6-8 memberships sold. However, I have been following HCC for about 2 months and have not seen any new properties become available. Has there been a delay in getting new properties or did I simply not notice the additions? Maybe under contract assumes the new properties?

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These are one property per 6-8 Private Memberships....

In the past few months, the following were added..

Outrer Banks
Puerto Vallarta
Punta Mita
8 Additional weeks to La Costa bring the sum total to 1/2 years worth.

In the past, I have noticed that HCC tends to add properties in batches of 3-4. Count Lake Tahoe as the first one of a new batch. I would expect to see 2-3 more destinations/properties being announced within a month of the above being available for reservation.

any idea why OBX is still "being furnished" and how long it normally takes?

Steamboat Bill said:

These are one property per 6-8 Private Memberships....

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OK, so has HCC not sold 6-8 private memberships in the past 2 months, or did I not notice the new properties?

Bourne said:

In the past few months, the following were added..

Outrer Banks
Puerto Vallarta
Punta Mita
8 Additional weeks to La Costa bring the sum total to 1/2 years worth.

In the past, I have noticed that HCC tends to add properties in batches of 3-4. Count Lake Tahoe as the first one of a new batch. I would expect to see 2-3 more destinations/properties being announced within a month of the above being available for reservation.

Click to expand...

How long does it usually take the new properties to actually become available to use?

you apparently did not notice PVR, which has been available for 2 weeks.

More Properties - High Country Club tends to put properties under contract in groupings, so you may expect more in the near future......

Miami and Vegas - We've discussed this several times in the past. They have these locations targeted but have avoided them due to the falling (and continuing to fall) real estate markets in those two cities. They actually had a Vegas condo under contract in the new "W" resort but that resort got canceled due to the RE conditions.

"Furnishing" New Properties - The length of time to "furnish" a new property is totally variable depending what they need to do. Sometimes they do a total gut and renovation, sometimes it's only appliances and furniture and sometimes it's a hold-up for a new mechanical system like a brand new HVAC system at the Maui property when they purchased it.

OBX - High Country Club should characterize this as "being built" since it's a new home built from the ground up. It will be one of the flagship properties so I can wait a few months more.

Member to Property Ratio - High Country Club has been averaging about 6-7 properties per FULL membership (Private/Corporate/Group). They are averaging just under 20 new members a month but not all are full memberships. HCC and the DC industry is increasingly moving away from this ratio and looking at availability as a barometer for property portfolio. So far, HCC has had good availability.

Tuscany - Eight weeks are currently available at the Tuscany property in Summer with plenty also available in Spring and Fall. Availability should be no problem.

what properties were gutted?

how old is the Maui condo?

if OBX is under construction, why did they move from "under contract" to "being furnished"

So, what are the odds that the new unit is in this building? Looks to be on par with their current purchases.

http://www.gosquaw.com/home/index.p...e_selection=1488&idxid=rrservices&mls=2702212

Village info: http://www.villageatnorthstar.com/index.cfm?event=realestate.overview Looks very nice.

Member to Property Ratio - High Country Club has been averaging about 6-7 properties per FULL membership (Private/Corporate/Group). They are averaging just under 20 new members a month but not all are full memberships. HCC and the DC industry is increasingly moving away from this ratio and looking at availability as a barometer for property portfolio. So far, HCC has had good availability.

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According to the September HCC newsletter (released today?), ' with the addition of OBX, PM, PV and CR, HCC is currently operating below a 6:1 member to home ratio, and once the membership base catches up with the real estate portfolio, we will begin to place additional properties under contract.'

http://www.highcountryclub.com/pdf/newsletter/0907_newsletter.pdf

Check out the photos at the end of the document...

Kagehitokiri said:

what properties were gutted?

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Aspen/Snowmass, Maui and others

how old is the Maui condo?

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I believe I've seen other threads say the complex was built in the mid-90s

if OBX is under construction, why did they move from "under contract" to "being furnished"

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Because it's nearing completion and these are the two categories they have on the web site.

Bourne said:

http://www.highcountryclub.com/pdf/newsletter/0907_newsletter.pdf

Check out the photos at the end of the document...

Click to expand...

Great update. Thanks.

great property in tahoe

I'm so excited about the northstar property. HCC has a great business plan and really seems to be on the cutting edge of great new destinations.
steve b

I finally joined.

I am very excited about the new corporate membership that I have purchased. This board is great - excellent advice.

Thanks to everyone!!

Brian

Brian222golf said:

I am very excited about the new corporate membership that I have purchased. This board is great - excellent advice.

Thanks to everyone!!

Brian

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Congrats on your purchase.

Great Location

I'm a prospective HCC member, and I am very happy with the Northstar location. Being in the village is fantastic. Northstar is, I'd say, a great family ski resort.

Welcome Brian, congrats..we have been members for a year..we love it....

Happy Vacations,
Laura