Your opportunity to have a vacation home you wouldn’t ordinarily be able to afford.
This is deeded ownership. You own 1/10th of your cabin – not just time at a cabin. You also co-own 26 acres with 700 foot frontage, the docks, a rowboat, a canoe and a boathouse. As the property value goes up, so does your investment.
Own 5 weeks per year including a fixed summer week. You own one week per season plus a ‘bonus’ week.
You can keep, pass on, sell, trade or rent your share. It is yours to decide what you want to do with it. These options provide you the flexibility to maximize the use of your cabin.
Annual maintenance fees are based on true costs. These include property taxes, cleaning, repair, utilities, etc. This is managed by a designated management company and approved by share owners each year. You don’t need to worry about the day to day maintenance! Plus, you only pay 1/10th of the cost of maintaining the cabin.
- When buying a fraction/share, you are paying for what you use. Vacation properties are becoming unaffordable to many families.
Commerce State Bank is offering mortgages for fractional shares at Pinestone Crossing. Please call Tom Hopp at (262) 247-2800
Pinestone Crossing was created by its principal owner: Bruce Moncrieff. Bruce has been involved in fractional cottage ownership for a number of years and knows the advantages of this concept. His dream was to find the perfect land and lake in the Wisconsin Northwoods to build a cottage community. When the present Pinestone Crossing location was located he knew he had found it. Not only does Bruce develop the project, but he is also a share owner at Pinestone Crossing as well.