All About Fractionals - The Resort At Whale Pointe

Dated: April 10 2021

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All About Fractionals

FOR SALE: The Resort at Whale Pointe Unit 601 Week H and Unit 318 Week A.

If you are that person who visits the coast often, and dreams of having a permanent spot to stay at each time - but have reservations about making a large investment…..a fractional opportunity may be just what you are looking for. In a fractional (shared) ownership, there are a certain amount of owners who each own a share of the property. Every property has their own co-ownership agreements, and often HOA rules & regulations to abide by. There is usually a quarterly payment that each owner is responsible for (covering a variety of items from monthly utilities, maintenance, HOA and cleaning fees, to name a few). Each also have their own process for assigning weeks, and some are more open to making changes than others. It’s a good idea to read through all of these details to fully understand what you are purchasing. However, this is a fantastic way to pay a small amount to always have a place to call your own at the coast - and is hassle free with the fees paid to maintain the property.  

Currently, Team Home Oregon Coast (Listing Agent Rachelle Rehberg) has 2 fractional opportunities at The Resort At Whale Pointe to consider. Both are priced well, and affordable! The first is 709 NW HWY 101, Unit 601 Week H, Depoe Bay, Or. 97341. This is a “deluxe” 2BD 2BA Condominium at the famous Worldmark Resort, offering 4 weeks per year (one week per quarter) to enjoy. There are only 7 total deluxe units in the entire resort. In this top floor corner unit - there are ocean views to enjoy from the decks and master bedroom, along with a fully equipped kitchen. There is plenty of space for everyone, including another bedroom with en-suite. This complex has an elevator, making it easy for anyone to access and enjoy. As a part of Whale Pointe, you also get to enjoy the community areas which include grassed picnic areas. Amenities on site include Indoor/Outdoor Pools, Exercise/Game rooms, Basketball, Tennis, BBQ area, and Kid's Play Structure. Friday Check In/Out. Quarterly HOA Fee: $694.05 - covers pretty much everything including cleaning, taxes and insurance. This fractional opportunity is priced at $20,000. https://www.flexmls.com/share/4p3Dz/709-N-Hwy-101-Unit-601-Week-H-Depoe-Bay-OR-97341

Our other listing is at Whale Pointe in Depoe Bay - Unit 318 Week A.  This is another ocean front condo, offering 4 weeks per year (one week per quarter). It is on the top floor, with elevators available for easy access. The unit includes 2 master bedrooms/bathrooms with their own decks to savor ocean views. As an owner of this unit, you will get to enjoy amenities that include the Clubhouses with indoor/outdoor pools and exercise/game rooms, basketball, tennis, BBQ area, and kid's play structure. This complex does not allow pets. The HOA fees cover just about everything, including cleaning fees - so all you have to do is show up for your weeks and relax! Quarterly HOA Fee: $888.54. This unit is priced to sell (under pricing other similar units on the market) at $22,000. https://www.flexmls.com/share/4p3Fz/939-NW-HWY-101-Unit-318-Week-A-Depoe-Bay-OR-97341

Contact me today to get more details on co-ownership agreements and HOA fees. Or, to schedule a showing! This is a great opportunity for you to enjoy time at the beach without the hassle of finding a hotel room.

Listing Agent: Rachelle Rehberg. Team Home Oregon Coast/Vacasa Real Estate. 541-921-5077. rachelle@homeoregoncoast.com 

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Ross & Rachelle Rehberg

Meet Ross Rehberg: I have lived in the area since 2005 and have had lots of success with my personal real estate ventures. I bought my first house in 2006, and was able to built my next house in 2008....

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