500 West High St

Property Description

PROPERTY OVERVIEW

Unit: EDELWEISS  #10

 Occupancy: 6 guests

 Parking: Dedicated parking space with drive-up access to patio door

 Flood Zone: Property is located in flood zone (flood insurance required for financing - approximately $1,200 annually)

OWNERSHIP & IMPROVEMENTS

Purchase Date: 2018

 Major Renovations & Upgrades:

2020: Complete remodel including addition of 2 upstairs en-suite bathrooms

2022: Comprehensive lighting package with recessed lighting throughout and ceiling fans

2023: Installation of full-size washer and dryer; hot water heater replacement

2025: Downstairs ceiling tile installation

PROPERTY FEATURES & AMENITIES

Unit Features:

Two king bedrooms with en-suite bathrooms

Full kitchen with electric stove, dishwasher, and refrigerator

Full-size washer and dryer

Three televisions throughout unit

Downstairs sofa converts to queen bed

Common Area Amenities (1/24 ownership share):

Heated pool open year-round in gated area

Dry sauna facility

Fire pits and flagstone courtyard areas

Recently replaced grills (August 2025)

Freshly painted building pods (April 2025)

INCLUDED FURNISHINGS

The unit is being sold fully furnished with:

Two king beds with makeup vanities

All appliances (washer/dryer, dishwasher, refrigerator, electric stove)

Living room furniture including 2 recliners and convertible sofa (replaced 2022)

Kitchen table and dining furniture

Three televisions

Seasonal decorations and Christmas items in designated storage areas

All personal owner items have been removed - unit is move-in ready.

ASSOCIATION MANAGEMENT

Board Structure: President, Treasurer, and Secretary

 Right of First Refusal: Board notification required upon contract (price disclosure for market protection)

Financial Requirements:

Initial account setup: $1,000 (refundable upon sale)

Required minimum account balance: $3,000

RENTAL PROGRAM & FINANCIALS

Rental Management: Professional rental program through ResNexus booking system (no Airbnb or independent rentals permitted)

Monthly Obligations (effective August 2025):

Participating in rental program: $1,750/month + $99 per night rented

Non-participating owners: $2,300/month

Monthly fee includes: All utilities (electricity, gas, water), internet, DirecTV, insurance, snow removal, maintenance, housekeeping, property management, operations director salary, firewood, and all operational supplies

Owner-paid services: Bed bug protectors, annual chimney cleaning, pest control, carpet and tile cleaning

RECENT IMPROVEMENTS & MAINTENANCE

Building exterior painting completed (April 2025)

All grills replaced (August 2025)

Deck staining scheduled (funds already collected in capital improvement fund)

25-year roof system in good condition

Utilities: Units are not separately metered - all utilities included in association fees