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Vacation Real Estate Opportunities in the Carolinas: Fractional Residences

Written by Alec Rosekrans 07/04/2008
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Mountainclubnorthcarolina With all the charming seaside villages, world-class golfing, and gorgeous natural beauty of the Carolinas, it’s not hard to see why it has become one of the country’s premier vacation destinations and second home markets. Now a host of fractional developments are letting consumers own a piece of the Carolina charm.

Here’s a look at some fractional opportunities in the Carolinas. And to see some other options check out our review of destination club residences in the Carolinas.

Basalm Mountain Preserve Boarding House

Location: Sylva, North Carolina

Buried deep in the Blue Ridge Mountains, the 4,400 acre Balsam Mountain Preserve is offering one-quarter fractions (good for eight weeks of annual use) in one-bedroom cabins at its Boarding House for $250,000. The emphasis here is on the unspoiled land, with sweeping views of mountains all around. Amenities include tennis courts, a fitness center, equestrian facilities, and an Arnold Palmer-designed golf course.

Mountain Club at Cashiers

Location: Cashiers, North Carolina

The Mountain Club at Cashiers features 2,400 square foot, three-bedroom homes in a resort community that takes full advantage of the spectacular Blue Ridge Mountains, with fishing, hiking, and golfing all on offer. One-sixth shares are available for $215,000.

Hammocks on Bald Head Island

Location: Bald Head Island, North Carolina

Bald Head Island is only a 20-minute ferry ride from the North Carolina mainland, but it might as well be a world away. All travel on the island is done on foot or golf cart, and with its 14 miles of unspoiled beaches and thousands of acres of nature preserves, the island stands in contrast to other East coast resort areas that are overrun with second homes. The Hammocks residences are along one of the island’s golf courses. One-fifteenth fractions include membership to the golf club and a private beach club.

The Cottages at National

Location: Pinehurst, North Carolina

Built around a Jack Nicklaus-designed course in a world-class golf mecca, the Cottages at National are two- and four-bedroom residences equipped with luxury amenities. Of course ownership includes a membership at the links, making this development a good bet for golfers.

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