BIG BEAR LAKE- the Club at Big Bear Village, a
luxurious private residence club and high-end resort located at the
entrance to The Village of Big Bear, announced today that it has
received final authorization from the California Department of Real
Estate to complete fractional property sales. The Club received the
Final Subdivision Public Report, or more commonly, the ‘White’
report, at the end of September this year.
Business partners of Last Resort, LLC, Richard
La China and Ray Gibson purchased the Club at Big Bear Village in
January of 2004, marking one of the largest real estate transactions
in Big Bear history. The property specializes in selling fractional
ownership of its three and four-bedroom luxury villas. The Club
currently has 123 fractional ownership properties for sale and plans
to grow the property by building 40 more villas that will represent
400 additional available fractions.
The Club at Big Bear moved quickly on completing
sales once the final report was granted last month. To date, the
Club has 12 fractional sales scheduled for closing and a long
reservation list of potential buyers who have expressed interest in
the property. Further, the Club is receiving a steady stream of
walk-in traffic to their sales gallery, generating a positive
response to the fractional ownership opportunity.
“The luxurious amenities of the Club and its
premier location, combined with the benefits of fractional
ownership, make the villas a compelling opportunity for buyers,”
said Richard La China. “Most vacation homes are used less than 30
days a year. At the Club, owners can have an extravagant second home
when they want it, without paying an extravagant amount for it to
sit empty during the rest of the year.”
On Nov. 16, the Club at Big Bear Village will
host a grand opening event for local residents, business owners, and
city officials. Attendees will have an opportunity to tour the
property’s villas, clubhouse, recreation and workout facilities,
entertainment lounges, and pool areas. Richard La China and Ray
Gibson will host the event, with Big Bear Mayor Darrell Mulvihill
and City Manager Michael Perry as keynote speakers.
About The Club at Big Bear
Village:
The Club is a luxurious, private gated residence
club and high-end resort located at the entrance to The Village of
Big Bear. Featuring three and four-bedroom villas, The Club offers
its fractional owners top of the line amenities in every residence.
The Club also features a 15,000 square foot clubhouse with
recreation and workout accommodations, entertainment rooms including
big-screen televisions and lounge area where guests can relax in
front of the fireplace. The Club is conveniently located minutes
away from the area’s golf courses, ski and snowboard resorts, as
well as Big Bear Lake.
