Whole & Fractional Resort Units for Sale

Looking to purchase a resort unit? Browse our whole ownership and fractional listings.

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Two-Bedroom Condominium
Whole Unit

Two-Bedroom Condominium

Burlington Bay
5 Units Sold
1412 Burlington Rd, Two Harbors, MN 55616
Two-Bedroom Condominium
Fractional Unit

Two-Bedroom Condominium

Burlington Bay
4 Fractional Units Sold
1412 Burlington Rd, Two Harbors, MN 55616
Two-Bedroom Lake Home
Whole Unit

Two-Bedroom Lake Home

Superior Shores
1 Unit Sold
1621-71 Superior Shores Dr, Two Harbors, MN 55616
Three-Bedroom Condominium
Whole Unit

Three-Bedroom Condominium

Burlington Bay
3 Units Sold
1412 Burlington Rd, Two Harbors, MN 55616
Studio Bedroom Lake Home
Fractional Unit

Studio Bedroom Lake Home

Superior Shores
3 Fractional Units Sold
1621-71 Superior Shores Dr, Two Harbors, MN 55616
Three-Bedroom Lake Home
Fractional Unit

Three-Bedroom Lake Home

Superior Shores
2 Fractional Units Sold
1621-71 Superior Shores Dr, Two Harbors, MN 55616
Glengarda Cottage
Whole Unit

Glengarda Cottage

Villa Maria
Unit Sold
29904 County 2 Blvd, Frontenac, MN 55026
Woodhaven Cottage
Whole Unit

Woodhaven Cottage

Villa Maria
Sold
1 County Road 2 Blvd, Frontenac, MN 55026
Starwood Cottage
Whole Unit

Starwood Cottage

Villa Maria
Sold
County Road 2 Blvd, Frontenac, MN 55026
Wildwood Cottage
Whole Unit

Wildwood Cottage

Villa Maria
Sold
2 County Road 2 Blvd, Frontenac, MN 55026
32 AC of Land at Villa Maria
Land

32 AC of Land at Villa Maria

Villa Maria
Sold
29847 County 2 Blvd, Frontenac, MN 55026
Fractional Ownership

True Real Estate Ownership

In many cases, buyers are able to purchase the amount of ownership that meets their needs, typically starting at 1/8. In this scenario, each unit has a maximum of eight owners, and the resort does not retain any ownership once the unit has been fully sold. It is true real estate ownership, not a timeshare.

In most cases the resort professionally manages the home, handling design, turnover, bookings, maintenance, bill payment, repairs, taxes, and more.

Burlington Bay condominium
Fractional Ownership

Common Questions

How does co-ownership work?

You purchase the amount of ownership that works for you, typically starting at ⅛. In this scenario, each unit has a maximum of eight owners, and the resort does not retain any ownership once the unit has been fully sold. It is true real estate ownership, not a timeshare.

Why choose co-ownership?

By choosing co-ownership, you can enjoy a luxury property at a fraction of the cost of purchasing a property alone. Plus, your home comes fully furnished, professionally designed, and all exterior maintenance is handled for you, so you can skip the hassle.

Do I really have ownership in the unit?

Yes. Your name is on the deed, and ownership of your share of the property can be sold, transferred to a family member, etc.

Does my share increase in value if the home appreciates in value?

Yes, as a true owner, any equity gains realized are yours. 

What if I want to sell my ownership in the unit?

You can sell at any time at a price of your choosing.

How do I schedule time to use the home?

Typically there is a rotating weekly schedule where each owner gets the right to use the property for one week straight out of every 8 weeks (in the 1/8 share model). This schedule rotates all year long so there is no fighting over dates.

Does this purchase work like a regular real estate transaction?

Yes. The legal forms and closing process are similar to a standard home purchase.

Who furnishes the home?

This depends on the resort.

What if a co-owner misses a payment or gets behind on their bills?

Typically management will assume financial responsibility if an owner defaults on payments. This is one of the benefits of the co-ownership program.

Who will be responsible for common area and home maintenance?

These items and much more will be taken care of by the Association.