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New timeshare development Massanutten

Discussion in 'US - Eastern States Timesharing' started by Railman83, Jan 4, 2019.

  1. Railman83

    Railman83 TUG Member

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    dblclick likes this.
  2. pedro47

    pedro47 TUG Review Crew: Expert TUG Member

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    This is the only timeshare resort in Virginia that is still building timeshare units at their resort and this a major building project.

    This is for current owners at the resort to upgrade to these new units. Upgrade!
     
    Last edited: Jan 5, 2019
    mpumilia likes this.
  3. mpumilia

    mpumilia TUG Review Crew: Veteran TUG Member

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    Smugglers Notch Resort
    Innseason Pollard Brook
    The bigger they get, the worse they get. I know- I own at Smugglers Notch.

    How about they just develop a "take back" program for current owners who want out and update their older units?!
     
    escanoe likes this.
  4. bluehende

    bluehende TUG Review Crew: Veteran TUG Member

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    Just what we need:rolleyes:.

    I will be willing to bet that the reason is to try and get the regal vista(and other) owners to upgrade to the new improved super excellent new upscale new units. Did I mention new. I talked to two different owners in the hot tub there that had upgraded twice after the original purchase to get into regal vista. Another had upgraded once. It is scary to think what their total cost was. From my very limited anecdotal experience it seems that a very significant amount of sales are of upgrades and not new owners. Does anyone have an idea of how many units are managed by the resort?
     
    mpumilia likes this.
  5. bluehende

    bluehende TUG Review Crew: Veteran TUG Member

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    I should have read the article first. It will only be sold as an upgrade!!!!!!!!

    How much would you like to bet that there will be great packages sold as a package. Your initial Summit ownership and the new upgrade for a convenient price.
     
    mpumilia likes this.
  6. Railman83

    Railman83 TUG Member

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    I suppose one upside is it means they are financially healthy. Apparently, according to the presentation, Regal Vistas was their best selling product, and these are going up quick.

    You combine this with upgrading every Woodstone and Summit and it seems like gearing up for long haul.

    My question is, what happens to Eagle Trace, and Shenandoah Villas that are on the low end of the Maint and demand curve? They already can’t give them away, don’t trade well, and have a lot of dues arrears and foreclosures. Can Eagle Trace liquidate while they are building new units?

    Also, does anyone know how successful the hotels are? The built a lot of them.
     
    mpumilia likes this.
  7. bluehende

    bluehende TUG Review Crew: Veteran TUG Member

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    We were just in an Eagle Trace. It needs some updating but everything worked and was clean. No evidence of neglect. I would assume at some point the overbuild has to be addressed. I find it hard to believe they can sell the old units at this point.
     
  8. Railman83

    Railman83 TUG Member

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    What I find amazing is I live in N Virginia and work in DC and no one who lives in Virginia, DC, or Maryland seems to have ever heard of a Massanutten....even folk been here there whole life.

    Was there for part of Christmas week and most of New Years week. I know they were fully booked but the place is so huge, that other than some chokepoints on ski lifts or restaurants you wouldn’t know it.

    The seem to have so much availability on RCI but I’ve always wondered if that is an illusion because many owners trade their fixed week on RCI. Still a lot of last calls in the shoulders.

    Apparently the area is growing. A lot of the subdivisions sprinkled in resort are JMU employees. I did do one update 6 months ago and the lady said they were finished developing (selling RCI points), yet this presentation already meant this wasn’t true.
     
    mpumilia likes this.
  9. Miss Marty

    Miss Marty TUG Member

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    Great Eastern Springston LLC
    to rezone a 95-acre portion of a 318-acre parcel
    located on the south side of Massanutten Dr (private)
    approx 1.3 miles west of Resort Drive
    (Route 644 is the road coming in to the resort)

    Only 15-18 units will be constructed each year
    Access to the proposed 140 timeshare units @
    Springston Regals will be from Massanutten Dr.

    http://www.rockinghamcountyva.gov/AgendaCenter/ViewFile/Item/5260?fileID=5563
     
    Last edited: Jan 4, 2019
  10. Lisa P

    Lisa P TUG Review Crew: Rookie TUG Member

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    Club Wyndham Points
    Are these going to be sold as weekly timeshares, quarter-share, or whole ownership condos? The emphasis on real estate value and area impact (in the linked presentation pdf makes me wonder.
     
  11. Railman83

    Railman83 TUG Member

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    I think the presentation was for HOA owners in the various housing developments who have some ability to stop or delay or annoy developments.
     
  12. escanoe

    escanoe TUG Member

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    HGVC at the Flamingo, Los Vegas
    Woodstone (Luxury, RCI Points) at Massanutten Resort
    I live in Northern VA and have been in DC area for 20+ years. First learned about the resort when spending time in the mountains 10+ years ago. First stayed in a hotel there 3 years ago after the resort donated a stay in the resort to be raffled off by our community association. Just bought a good deal at Woodstone in RCI points off a major reseller on eBay. When the paperwork came through, the seller lived about two miles away from me in northern VA. I am sure of the almost 3 million people in Northern VA many of them do not know about the resort.
     

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