A vacation home is more than just a building; it’s a backdrop for your family’s best memories. It’s the place you return to for summer traditions by the lake and cozy winter weekends. But for many, the commitment of sole ownership feels out of reach. Co-ownership offers a path to that lifestyle, allowing you to own a piece of a beautiful retreat without the year-round responsibilities. It’s about securing your family’s future getaway spot and focusing on what truly matters: being together. Let’s explore what life could look like with your own fractional town home in Garden City, a place for traditions to take root.
Key Takeaways Own a Real Asset, Not Just Time : Unlike a timeshare, fractional ownership provides you with a deeded share of the property itself. You build equity and can sell your share in the future, all while sharing the responsibilities of upkeep with a small group of co-owners.Enjoy Luxury for a Fraction of the Price Focus on Vacation, Not Maintenance : All property management, from cleaning and repairs to landscaping and snow removal, is handled for you. This turnkey approach means you can arrive and start relaxing immediately, using your time to make memories instead of tackling a to-do list.What is Fractional Ownership in Garden City? Imagine owning a beautiful townhome in Garden City, your go-to spot for Bear Lake adventures, without the full price tag or the year-round upkeep. That’s exactly what fractional ownership offers. It’s a straightforward way to co-own a luxury vacation home with a small group of other people. Instead of one person buying the entire property, ownership is divided into shares, typically eighths or thirteenths. Each owner purchases a share, which means you all split the cost of the home.
This isn't about time-sharing or renting. It’s true real estate ownership. You own a piece of the property, giving you dedicated time to create memories there every year. It’s the perfect solution for families who want a consistent, high-end vacation spot but know they won’t use it every single week of the year. You get all the joys of a second home—the familiar comfort, the stunning location, the space to unwind—while sharing the expenses and responsibilities. It makes owning a dream getaway in Garden City a practical and attainable reality.
How It Works: A Simple Breakdown The concept is simple: you and a handful of other co-owners buy a property together. Each owner purchases a specific fraction of the home, and in return, you get to use it for a proportional amount of time throughout the year. The entire arrangement is managed through a property-specific LLC (Limited Liability Company). You own a piece of the LLC, and the LLC owns the home. This legal structure protects all the owners and clearly defines everyone’s rights and responsibilities, ensuring a smooth and transparent co-ownership experience . It’s a collaborative approach that makes luxury homeownership accessible and removes the guesswork from sharing a property.
Understanding Your Share and Usage Your ownership share directly translates to how much time you can spend at your Garden City townhome. For example, if you purchase a 1/8 share, you’ll have access to the home for at least 45 nights each year. Scheduling your stays is simple and fair, handled through our online owner portal, myFRAX . You can plan your vacations well in advance, booking everything from a long holiday weekend to a full week of summer fun. The system is designed to ensure every owner gets to enjoy the home during their preferred times, including holidays and peak seasons, so you can count on being there for the moments that matter most to your family.
The Benefits of True Ownership One of the biggest advantages of this model is that you have genuine ownership of the property. Unlike a timeshare, where you’re just buying time, fractional ownership means you own a real asset. This is a key distinction you can learn more about in our FAQ section . If the property value increases over time, so does the value of your share. You can sell your share whenever you choose, just like you would with a traditional home. It combines the financial benefits of real estate with the practical perks of shared expenses for things like maintenance, utilities, and property taxes, giving you a hassle-free way to enjoy your vacation home.
Why Choose a Fractional Townhome in Garden City? Imagine having a beautiful getaway in Garden City without the steep price tag or the constant upkeep. For many of us, the idea of a second home near Bear Lake is the ultimate dream—a place to escape, unwind, and create lasting memories with family and friends. But the reality of sole ownership often involves a massive financial commitment and a never-ending to-do list of maintenance, cleaning, and management. It can quickly turn a dream retreat into a source of stress. That’s exactly where co-ownership comes in. It’s a smarter, more flexible way to own a vacation home, giving you all the joy and none of the typical headaches.
This model allows you to purchase a share of a luxury property, which means you only pay for the time you’ll actually use. You get a deeded interest in the home—this is true real estate ownership, not a timeshare. The best part? All the tedious work is handled for you. Professional management takes care of everything from landscaping in the summer to snow removal in the winter, so when you arrive, your only job is to relax. The ongoing costs, like property taxes and utilities, are split among the co-owners, making it a financially sustainable choice. It’s an approach that makes luxury home ownership in a premier destination like Garden City genuinely attainable and enjoyable.
Enjoy Luxury for a Fraction of the Cost The dream of owning a stunning vacation home in a place like Garden City can feel out of reach for many. Fractional ownership changes that. Instead of buying an entire property, you purchase a share that aligns with your budget and how much time you’ll actually use it. This approach gives you access to high-value assets without the need for full ownership. You get to enjoy a beautifully furnished, high-end townhome—complete with premium amenities—for a price that makes sense. It’s all the luxury and comfort you want in a vacation spot, made genuinely accessible. Take a look at our Garden City listings to see the types of properties you could call your second home.
Forget the Hassle: We Handle the Management Your vacation time is precious. It should be spent relaxing and connecting with loved ones, not dealing with maintenance issues or coordinating cleaners. With a fractional townhome, you can say goodbye to the hassles of traditional second-home ownership. We handle everything for you, from routine upkeep and repairs to landscaping and housekeeping. As one guide on fractional ownership agreements notes, a professional company manages the property so owners don't have to worry about daily tasks. You just show up and enjoy your home. You can easily manage your ownership details through the myFRAX Portal , making the entire experience seamless and stress-free.
Split the Costs, Not the Fun One of the biggest advantages of co-ownership is sharing the ongoing expenses. The costs of property taxes, insurance, utilities, and HOA fees are divided among all the owners, significantly reducing your financial commitment. This model is built on the idea of shared responsibilities for maintenance and expenses , which makes owning a luxury property much more sustainable. Instead of a large portion of your budget going toward upkeep, you can put it toward what matters most: enjoying your time in Garden City. Our co-ownership structure is designed to be transparent and straightforward, so you always know exactly what to expect.
Offset Expenses with Optional Rentals We understand that life can be unpredictable, and you might not always be able to use all of your scheduled time at your townhome. That’s why you have the flexibility to rent out any unused weeks. This isn’t about turning your vacation home into a full-time rental business; rather, it’s a practical way to help cover your annual operating costs. By renting out a week or two, you can offset a portion of your expenses, making ownership even more affordable. It’s just another way that our model is designed to fit your lifestyle. You can find more details on how this works on our FAQ page .
Explore Our Garden City Townhomes Imagine having a go-to spot in Garden City, a place that feels like your own because, well, it is. That’s what our townhomes offer—a beautiful, comfortable home base for all your Bear Lake adventures, without the headaches of traditional homeownership. We’ve designed these spaces to be the perfect backdrop for family get-togethers, quiet weekends away, and everything in between. Whether you’re dreaming of summer days on the water or cozy winter nights by the fire, our properties are ready for you.
The idea behind co-ownership is simple: you get all the joy of a vacation home without the year-round stress of maintenance, repairs, and upkeep. We handle all of that so you can just show up and relax. It’s about creating a legacy of memories in a place you love, returning year after year to build on traditions. We invite you to take a closer look at our current listings and picture your family here. Each home has its own unique charm, but they all share the same promise: a simple, enjoyable way to own a piece of this beautiful corner of Utah.
A Look Inside Our Properties When you step into one of our Garden City townhomes, you’ll find a space that’s fully furnished and thoughtfully designed for relaxation and fun. Take our Blue Bear Lake property, for example. It’s a spacious 2,100-square-foot home with three bedrooms and three bathrooms, giving everyone plenty of room to spread out. We handle all the details, from the decor to the dishes, so you can walk in and start your vacation immediately. The goal is to give you a true home away from home, a familiar retreat you can return to season after season to create lasting traditions.
Features and Amenities You'll Love We believe a great vacation home is all about the details that make your stay special. That’s why our properties come equipped with amenities for both fun and convenience. Many of our homes, like the Raspberry Retreat , feature private hot tubs with incredible views of Bear Lake—perfect for unwinding after a day of exploring. Inside, you’ll often find game tables for some friendly family competition. Practical needs are covered, too, with garages, ample parking for boats, and even pet-friendly policies in some homes. It’s all about providing a seamless and enjoyable experience so you can focus on what matters most: relaxing and spending time with your loved ones.
Current Pricing and Availability We make ownership straightforward and accessible. You can purchase a 1/8 share of a property, which gives you a generous amount of time to enjoy your vacation home throughout the year. For example, a 1/8 share in one of our beautiful townhomes might be priced around $225,000. This co-ownership model makes owning a luxury property much more attainable. Because these homes are desirable, availability can change. We recommend checking our listings frequently for the most up-to-date information on available shares. If you see a home you love, don't hesitate to reach out to us to learn more about the next steps.
Breaking Down the Costs of Ownership One of the best parts of co-ownership is how straightforward the finances are. Instead of facing the six- or seven-figure price tag of a vacation home, plus the unpredictable costs of upkeep, you get a clear picture of your financial commitment from day one. This approach makes owning a beautiful Garden City townhome a realistic goal, not just a dream. It’s all about sharing the expenses so you can focus on what really matters: making memories.
We believe in full transparency, so let’s walk through exactly what goes into the cost of owning a Fraxioned home. From your initial purchase to the predictable monthly fees, you’ll know just what to expect. This way, you can plan your budget and get excited about your future stays without any financial surprises. It’s a smarter, simpler way to enjoy all the perks of a second home.
Your Initial Investment Your journey to vacation home ownership begins with the initial investment, which is simply the purchase price of your share. For example, you can buy a 1/8 share of a stunning property like the Blue Bear Lake Townhome for $72,250. This one-time cost secures your equity in the home. Unlike a timeshare, you truly own a piece of the property. This makes it possible to enjoy a luxury townhome in a prime location for a fraction of what it would cost to buy the entire place yourself. You can explore all of our current listings to see what’s available.
What to Expect for Monthly Expenses Once you own your share, there’s a single, predictable monthly fee that covers all the typical operating expenses. Think of it as a simplified way to handle all the little costs that come with homeownership. This fee includes essentials like property insurance, landscaping, snow removal, and utilities like water. Instead of juggling multiple bills and worrying about unexpected repairs, everything is bundled into one payment. This makes budgeting for your vacation home simple and stress-free, leaving you more time to plan your next trip. You can find more details on our FAQ page.
How Management and Maintenance are Covered Here’s where co-ownership really shines: you get all the benefits of a vacation home with none of the work. We handle all the property management and maintenance for you. From routine cleaning between stays to coordinating any necessary repairs, our team ensures the home is always in perfect condition for your arrival. Plus, if you have weeks you don't plan to use, we can help rent them out to offset your monthly costs. You can manage your stays and scheduling easily through the myFRAX Portal , making the entire experience seamless.
A Clear Look at Your Total Commitment So, what does this all add up to? With a 1/8 share, you get to enjoy your Garden City townhome for more than 45 nights every year—that’s over six weeks of vacation time. You get a beautifully maintained, fully furnished home waiting for you without the endless responsibilities of sole ownership. The co-ownership model provides a clear, simple structure for your investment, your time, and your expenses. It’s a commitment to creating lasting memories with family and friends, year after year.
Why You'll Love Owning in Garden City Garden City isn’t just a destination; it’s a place where family traditions take root. Nestled on the shores of the stunningly blue Bear Lake, this town offers a perfect blend of outdoor adventure and small-town charm that calls people back season after season. Owning a townhome here means you have a dedicated home base for creating those lasting memories—the annual summer trip to the lake, the cozy winter getaway, the spontaneous weekend escape. It’s about having a place that feels like yours, without the year-round responsibilities of traditional homeownership.
The real beauty of Garden City is its versatility. One day you can be out on the water, soaking up the sun, and the next you can be exploring a quiet hiking trail or enjoying a famous raspberry shake from a local shop. The pace of life here allows you to truly disconnect and be present with the people who matter most. With a co-ownership model, you get to experience all of this as a true owner. You can settle in, leave a few personal items for your next visit, and feel a genuine connection to the community and the incredible landscape that surrounds it. It’s the difference between visiting a place and belonging to it.
Summer Fun at Bear Lake When summer arrives, Bear Lake becomes the heart of Garden City. The water, often called the "Caribbean of the Rockies" for its brilliant turquoise color, is perfect for every kind of activity. You can spend your days boating across the expansive lake, feeling the thrill of jet skiing, or finding a peaceful rhythm while paddleboarding near the shore. It’s an ideal spot for fishing, swimming, or simply relaxing on the beach with a good book. Having your own townhome nearby means you can easily come and go, enjoying long, sun-drenched days on the water and returning home for a family barbecue as the sun sets.
Your Winter Wonderland Getaway As the snow begins to fall, Garden City transforms into a quiet, magical winter wonderland. The crowds of summer disappear, leaving behind a peaceful landscape perfect for a cozy retreat. The area becomes a playground for winter sports enthusiasts, with miles of trails for snowmobiling and cross-country skiing. For a unique experience, you can try your hand at ice fishing on the frozen lake. After a day out in the crisp, cold air, there’s nothing better than coming back to your warm and comfortable townhome to relax by the fire with a cup of hot cocoa. It’s the perfect setting for a quiet and restorative escape.
Enjoy Garden City All Year Long Beyond the distinct summer and winter seasons, Garden City has a year-round charm that makes it a wonderful place to own a home. It’s a friendly community with welcoming local shops and restaurants that give you a true taste of small-town life. You can explore the area during the quieter spring and fall months, enjoying the changing scenery without the peak-season crowds. Properties like the Raspberry Retreat are designed to be enjoyed in every season. Owning here means you can experience it all—from the vibrant energy of July to the serene beauty of October.
What to Know Before You Buy Making the decision to buy a vacation home is exciting, and it’s smart to do your homework first. Co-ownership is a fantastic way to make your dream a reality, but it works a little differently than buying a home on your own. It’s all about getting the luxury and joy of a getaway spot without the traditional costs and headaches that come with sole ownership. Think about it: you get to create lasting memories in a beautiful home, but you share the financial commitment and the responsibilities of upkeep with a small group of other owners. This modern approach to property ownership is designed for enjoyment and ease.
To help you feel confident and prepared as you take the next step, I want to walk through some of the key things to understand before you buy. It’s important to have a clear picture of what you’re stepping into. We’ll start by clearing up some common myths you might have heard—especially how this differs from a timeshare. Then, we’ll look at the practical side of things, like how scheduling your stays actually works so you can plan your family trips. We’ll also talk about how to choose the right townhome and ownership share for your specific needs. Finally, we’ll go over the ownership agreement and your options for the future, so you know exactly what to expect from day one.
Clearing Up Common Misconceptions One of the first things people ask is, "Isn't this just a timeshare?" It's a fair question, but the answer is a clear no. With a timeshare, you’re typically just buying the right to use a property for a certain time. With co-ownership , you are buying a deeded share of the property itself. Your name is on the title, making you a true owner of the real estate. Another common myth is that you have no say in what happens with the home. In reality, co-owners have a voice in how the property is managed and maintained, ensuring it stays a place you’re proud to call your own.
How Scheduling Your Stays Works So, how do you actually book your time at the townhome? It’s more straightforward than you might think. Your ownership share determines how many weeks you get to enjoy the home each year. We use a fair and simple scheduling system that allows you to plan your stays in advance. Through the myFRAX Portal , you can view the calendar, reserve your weeks, and see when your fellow co-owners will be there. This structured approach ensures every owner gets to make memories at the property throughout the year, from peak season holidays to quiet off-season weekends.
Choosing the Right Townhome for You The beauty of co-ownership is its flexibility. Before you start browsing, think about how you and your family will use the home. Are you looking for a few weeks of summer fun, or do you want to visit during every season? The share size you purchase directly relates to the amount of time you can book. Take a look at our listings to see the different townhomes and ownership fractions available. Considering your ideal vacation schedule will help you find the perfect fit, ensuring you get just the right amount of getaway time without paying for more than you need.
Understanding the Agreement and Your Exit Options Your ownership is secured by a legal contract that outlines everyone’s rights and responsibilities. This agreement covers everything from scheduling to maintenance fees, so there are no surprises. It’s also important to think about the future. While we hope you love your townhome for years, circumstances can change. You can sell your share at any time, just like you would with any other piece of real estate. It’s good to know that selling a fractional share might take some time, and major property decisions require agreement among the owners. Our FAQ page has more details on how this process works.
How to Get Started with Your Garden City Townhome Thinking about owning a townhome in Garden City might feel like a huge undertaking, but the path to co-ownership is more straightforward than you might imagine. We’ve streamlined the entire process so you can focus on what really matters: making memories at Bear Lake. From finding the right ownership group to managing the property, we handle the details so you can simply arrive and relax. Let’s walk through the simple steps to making your vacation home dream a reality.
Finding the Right Co-Ownership Partner One of the first questions people ask is, "Do I have to find seven other families to buy a house with?" The answer is no—that's our job. We bring together a small group of vetted owners for each home. This isn't like a timeshare where you only purchase the right to use a property. With Fraxioned, you gain true real estate ownership. You own a deeded share of the home, which means you build equity and are part of an exclusive LLC with your fellow co-owners. Our co-ownership model is designed to give you all the benefits of owning a home, with a built-in community and professional management.
The Simple Path to Ownership Our goal is to make buying your vacation home share as simple as possible. It starts with browsing our Garden City listings to find a townhome that feels like the perfect fit for your family. Once you’ve found one you love, you can choose the amount of ownership that matches your ideal vacation schedule. We then guide you through the legal paperwork, which clearly outlines all your rights, usage schedules, and shared responsibilities. This fractional ownership agreement ensures everything is transparent and fair for all co-owners. We handle the legal setup and closing, making the entire experience feel seamless and secure from start to finish.
What Our Property Management Includes The best part of co-owning a Fraxioned home is that you get to skip the hassles that usually come with property ownership. We take care of everything. Our professional management covers all interior and exterior maintenance, from stocking essentials and cleaning between stays to landscaping and winter snow removal. We also manage all the bills, property taxes, and insurance. You can easily schedule your stays and see maintenance updates through the owner-exclusive myFRAX Portal . This means you can spend your vacation time actually vacationing, not fixing a leaky faucet or mowing the lawn. It’s all the joy of a second home, with none of the typical work.
Related Articles Frequently Asked Questions How is this different from a timeshare?
What happens if I decide to sell my share later on? You have the freedom to sell your share at any time you choose. Since you own a real asset, you can list it on the open market just as you would with a traditional home. While we hope you enjoy your townhome for years to come, we understand that life changes. You control the sale and the price, giving you a clear exit strategy.
How do you make sure scheduling is fair for all the owners? Our scheduling system is designed to be simple and equitable for everyone. Through our online owner portal, you can book your stays well in advance. The system rotates reservation priorities each year, ensuring every owner gets a fair chance to reserve time during peak seasons and holidays. This way, everyone gets to enjoy the home for the moments that matter most to them.
What exactly is included in the monthly operating fee? The monthly fee bundles all the predictable costs of running the home into one simple payment. This covers property taxes, insurance, utilities, HOA dues, and all routine maintenance like landscaping, snow removal, and cleaning between stays. It also contributes to a reserve fund for future repairs, so you won't get hit with a surprise bill if an appliance needs to be replaced.
Can I rent out my weeks if my plans change? Yes, you have the flexibility to rent out any of your scheduled weeks that you can't use. While this isn't intended to be a source of income, it's a practical way to help cover your annual operating costs. It gives you a great option for those years when your schedule might not allow you to use all of your time at the lake.
