Minnesota Vacation Home Ownership Opportunities
When you purchase a vacation home at East Silent Resort you are purchasing a deeded interest in a vacation home. This is a prime piece of Minnesota vacation real estate that you own, with all of the amenities of a luxury lake resort, without the responsibilities of maintenance, repair or upkeep. With several ownership opportunities to choose from, we know the most difficult decision will be deciding whether whole ownership or a fractional quarter share is best for your family’s lifestyle. Regardless of the ownership model you choose, these Minnesota lakeshore cabins allow you to fully enjoy your entire vacation, while we take care of the housekeeping and maintenance upkeep.
Whole Ownership Opportunities
Some owners prefer to purchase the whole unit for 52 weeks of use per year. This, of course, allows unlimited flexibility on when to use the vacation home personally, and when to rent your home for rental income. It’s totally up to you to decide how to spend your time. Come and bring the family for a whole week. Or escape to Otter Tail Country for a day or two of personal time. Let a group of your friends use it. Donate one of your weeks to a charity auction. It’s your time to do with as you please.
Fractional Ownership Opportunities
Other owners prefer to purchase a vacation home fractionally (either ¼, ½, or ¾ of a vacation home). Just like whole ownership, your purchase entitles you to use the entire home – and all of the resort amenities.
A quarter-share allows you one full week at least every month, all year long, for a total of 13 weeks. Thus, when you purchase your home, you receive exclusive use to a “basket” of 13 weeks each year (more than the amount of time most families ever spend in a vacation rental). These designated weeks begin on Friday afternoon and extend to the following Friday morning. If there is a time when you would like to stay in your home during an alternate week, we will try to arrange a trade with the other owners. If you are unable to use your home during one of your weeks, we will look for a renter at your request.
*East Silent Resort is currently offering eight quarter-shares in our first tier lakeside units. The fractional shares are not currently registered under the Minnesota Subdivided Land Sales Practices Act and are exempt under Minn. Stat. § 83.26, Subdivision 2.