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Dancing Bear Aspen Offers A Unique Ownership Opportunity

Posted: 15 Jun 2015

Dancing Bear Aspen, a Timbers Residence Club, offers a rare second-home ownership opportunity that packages a premium location in the downtown core, elevated design, world-class amenities and genuine hospitality.

Aspen real estate

For $900,000, Dancing Bear owners receive three summer weeks and three winter weeks annually as well as reciprocity benefits at other Timbers Residence Club destinations in Napa, Mexico, Kauai and Tuscany.

Since the Parkside building's debut in 2009, the Dancing Bear has been one of the most appealing second-home options for Frias Properties clients with its spacious and impeccably designed, 2,000-square-foot three-bedroom, three-and-a-half-bathroom residences. The Mountainside building was completed in 2016, bringing a new surge of interest in this project. One of the penthouse residences was recently purchased for a record-breaking price-per-square-foot, with one buyer snapping up all eight shares in one transaction.

Our blog team sat down with Frias Properties Managing Partner Chuck Frias to discuss the allure of this private residence club and why now is the perfect time to consider purchasing a residence for use as a second home at the Dancing Bear Aspen.

Q: Tell us a little about the history of the Dancing Bear?
A: The Dancing Bear Parkside building was built in 2009, and the Mountainside building was completed last year. The two buildings are located on either side of Durant Avenue and are connected via underground tunnel.

Dancing Bear Aspen mountainside building

Dancing Bear Aspen's new Mountainside building

The project recently made headlines in December 2016 after the penthouse and all its shares (eight six-week time periods) were purchased in one transaction, setting the record for price-per-square-foot. While all 19 residences are stunning, this particular unit is truly one-of-a-kind thanks to its views as well as the building's location and amenities. It attracted a one-of-a-kind buyer who was willing to pay that price.

Q: Is Dancing Bear a luxury chain, like the Ritz-Carlton Club and Hyatt Grand Aspen?
A: The Dancing Bear is a boutique property with an elevated perspective on luxury. Developers did not stop with just luxury interior finishes; they designed the entire experience to satisfy discerning tastes. The property features more anticipatory amenities than the other nationally branded properties with a wine cellar, screening room, spa facility and--the crown jewel--the rooftop deck and hot tubs.

In addition, its location is superior to any other club in Aspen. For winter guests, skiing is just a couple blocks away, but the location is set back enough to offer great views. And for summer guests, Dancing Bear Aspen's front door opens to Wagner Park, the epicenter for Aspen's best events like the Food & Wine Classic.

Q: Why should second-home buyers consider Dancing Bear over traditional homes/condominiums or other fractional residence clubs in Aspen?
A: A Dancing Bear residence checks all boxes on the Aspen buyer's wish-list, from a great location to incredible amenities, at a fraction of the cost of a traditional home or condo of the same quality. Most of our second-homeowner clients are happy with the six weeks of usage and likely wouldn't spend more time in Aspen.

The upkeep factor is nullified, too. Dancing Bear handles all the seasonal tasks associated with owning a home in Aspen and replaces them with great amenities that you'd find a luxury boutique hotel. When comparing Dancing Bear to other luxury fractional properties in Aspen, this project wins out in all categories, including location, overall quality of experience, amenities and service.

For more information about ownership opportunities at Dancing Bear Aspen, contact Chuck Frias.