Per the resort there were two 2025 Special Assessments of $250 each. These fees have been paid by the owner.
Check-in Day: Friday
*Closing costs and transfer fees are to be paid by the buyer*
*Buyer to pay maintenance fees for first year of usage*
Per the owner:
Located in an unbeatable setting on top of Sugar Mountain, known as North Carolina's most beautiful and scenic area, with prime access to all the Blue Ridge Mountains have to offer. The resort is in the quaint town of Banner Elk just 20 minutes from Boone. With gorgeous mountain views the resort is minutes from golf, tennis, skiing, hiking and restaurants in addition to the onsite amenities.
The vibrant local action with live music, wineries, theater and a host of other activities means there is never nothing to do. The unit is newly renovated. The deeded week is simple and easy to swap for a different week at the resort. The staff is professional, courteous and very helpful. This is an RCI and Interval International community and one that is in high demand, so exchanging your week for another property – or even a cruise – is easy and convenient. Owner has traded the week to stay at numerous other resorts throughout the US and internationally. Renting for a profit is also an option.
70% of
timeshares are
2+ bedroom units
with an avg. of 1,160 sqft
Private Rooms
2
Price
$1500.00
Annual Dues
$
Total Cost : $19,557.00
Total Savings : $19,557.00
X
HOTEL
The avg.
hotel room is 325 sqft
How many years do you plan to travel?
A study on travel trends published by AARP found that the average 55-72 year olds reported taking 4-5 vacations in 2017. People typically slow their travel after the age of 75. Use the tool below to adjust how many years you plan to travel:
Years of Travel
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Don't forget about inflation!
Inflation is defined as the increase in the price of goods and services over a period of time. According to the International Monetary Fund, the average global economy's annual percentage change from 1980 to 2018 was 4.6%.
Avg. Annual percent change
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VS.
TIMESHARE
70% of
timeshares are
2+ bedroom units
with an avg. of 1,160 sqft
More information on our formula...
Hotels usually sleep 2 adults per room, whereas the average timeshare units offer multiple private bedrooms, sleeper sofas and sometimes even bunk beds - adding value not calculated here. Timeshare properties are condo style units that contain all of the comforts of home... and then some!
Hotel total cost includes a 10% hotel tax whereas the average U.S. hotel tax is currently around 13.4%.
Timeshare total cost includes an increase in maintenance dues each year of 3%, as well as an estimated $1,000 in closing and transfer costs. These are estimated and will vary by state, county and resort.
Total savings does not take into consideration the added benefit of a timeshare unit having a spacious living room, washer and dryer, dining room and full kitchen, all of which add value and potential savings when you have the option to do your own laundry and enjoy a home cooked meal instead of dining out.