For just $1.5 million, you and your family can enjoy partial ownership and use of this Cape Cod vacation home.
558 Fox Hill Road, Chatham
Price: $1,528,000 (for an eighth owner)
Cut: 11,000 square feet
Bathrooms : 10 complete
Thus begins the age-old dance of summer: temperatures rise. You want a getaway. You book a house in Cape Town. You spend a week basking in sea breezes, sunshine, and a slower pace of life. You wish you could spend an entire summer here… so remember the hassle of owning a vacation home and scratch the idea. Rinse, repeat. But now there’s a solution for perpetual back and forth, freeing you from the cycle of weighing the pros and cons of beach ownership.
Consider this: owning part of a beach house with other people and sharing it among yourselves. But no, you don’t have to find friends and family willing to do splitsies and you don’t have to haggle over time at home yourself. Pacaso, a real estate company that gives people the opportunity to buy luxury vacation homes for a fraction of the cost through the power of condo ownership, recently expanded its offering on Cape Cod. Through them, you buy part of the house and their team manages the location and the technical details, including, perhaps most importantly, the planning system, so you never argue with the other owners for find out who gets the house on the 4th of July weekend. Unlike a timeshare where you own “time” in the house (time is a construct, right?), you actually own part of the property through a timeshare LLC. While you may have the inconvenience of continuing to share with other people, you don’t have to worry about the headaches of home ownership or even decorating and furnishing your home. your second home (this one is professionally decorated and fully furnished). Really puts the vacation back in a vacation home, if you will.
This Chatham listing is one of the first Pacaso has on Cape Cod and offers a chance to own one-eighth of this coastal beauty. With over 11,000 square feet of living space on the nearly three-acre property, you might actually be ready to share time with other owners, as there’s plenty of room for multiple families to spread out. In addition to the five bedrooms and ten bathrooms, the home also features an open-plan living area with plenty of windows to let in that fresh salty air. The kitchen area includes a stone fireplace, a Wolf gas stove and a large island with enough seating for the whole family. An expansive deck off the living room provides outdoor dining space with views of the glistening ocean water in the distance.
Although the whole point of having a home in Cape Town is to enjoy the shores, there is enough space in this home to keep you from getting too bored on your beach vacation. A backyard pool provides an alternative for days when you don’t feel like lugging your chairs and towels to the beach, while an indoor sauna makes rainy vacation days worthwhile, and a dock private boating provides an additional way to enjoy the water. There is also a home office and a gym if you need to work out and train during your trip. The home’s location near downtown Chatham allows for easy access to local shops, restaurants and golf clubs. The only difficulty you will face is deciding which weeks you want to go and which flip flops you want to bring for your hassle-free getaway.
For more information, visit pacaso.com.
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