Have you ever stopped to calculate the cost-per-night of a vacation home that sits empty for 45 weeks of the year? The number can be staggering. Sole ownership often means paying a premium for a property you use only occasionally, which is a tough pill to swallow. Co-ownership aligns your investment with your actual use. You purchase a share of a luxury home—typically ranging from 1/8 to 1/13—and split all the operating costs with the other owners. This practical approach makes the stunning shared ownership homes for sale in our portfolio financially accessible. This guide will walk you through the numbers and show you how this model can make your dream of a second home a smart, sustainable reality.
Key Takeaways Split the costs, not the experience : Co-ownership makes luxury homes accessible by dividing the purchase price and all ongoing expenses , allowing you to own a premium property for a fraction of the total cost.Enjoy a hands-off vacation home : All property management, from cleaning to repairs, is handled for you, meaning you get to skip the chores and focus entirely on relaxing and making memories.It's real ownership, not a timeshare : You purchase a deeded share of the property, giving you a true real estate asset that you have a stake in and can sell in the future.What is Co-Ownership and How Does It Work? If you’ve ever dreamed of owning a vacation home but felt overwhelmed by the price tag and upkeep, co-ownership might be the perfect solution. It’s a modern approach that makes owning a luxury property more accessible and enjoyable. Instead of buying a whole house yourself, you purchase a share of it, splitting the costs and responsibilities with a small group of other owners. This isn’t a timeshare; you own a real, deeded interest in the property.
At Fraxioned, we take care of all the property management details, from cleaning and maintenance to scheduling. This means you get to focus on what matters most: relaxing and making memories with your family. Our co-ownership model is designed to give you all the joys of a second home without the typical hassles.
The Co-Ownership Model, Explained Think of co-ownership as a partnership for your vacation home. You and a handful of other families collectively own a beautiful property in a desirable location. Each owner holds a deeded share, typically ranging from 1/13 to 1/8 of the home. This structure significantly reduces the financial barrier to entry, allowing you to own a multi-million dollar home for a fraction of the cost.
Unlike sole ownership, you’re not alone in managing the property. All co-owners contribute to a shared operating budget that covers everything from property taxes and insurance to utilities and repairs. A professional management team handles the day-to-day, so you can simply arrive and enjoy your stay. It’s a collaborative way to own real estate that prioritizes experience over chores.
How the Purchase Process Works Buying a share in a Fraxioned home is a straightforward process. Once you find a property you love in our listings , you’ll purchase a specific share of the LLC that owns the home. This gives you a real property interest that you can pass down or sell in the future. You’ll secure a mortgage for your portion of the purchase price, just as you would with a traditional home purchase.
We partner with preferred lenders who understand this ownership model, making the financing process smooth and simple. After the purchase, you’ll pay monthly operating costs that cover all property expenses, which are shared equitably among the owners. This transparent approach means no surprise bills—just predictable costs for a professionally managed home.
Buying More Shares in Your Vacation Home One of the great things about co-ownership is its flexibility. As your life changes, your vacation needs might, too. If you find yourself wanting to spend more time at your second home, you have the option to purchase additional shares as they become available. This process allows you to increase your ownership stake over time.
When another owner decides to sell their share, it’s first offered to the existing group of co-owners before being listed on the open market. This gives you the first opportunity to expand your ownership and secure more time at the property you already know and love. It’s a simple way to scale your investment in your family’s vacation memories. You can learn more about the specifics on our FAQ page .
Who is Co-Ownership For? If you’ve ever dreamed of owning a vacation home but felt it was out of reach, co-ownership might be the perfect fit. This modern approach to property ownership is designed for anyone who wants the joy of a second home without the traditional costs and complications. It’s not about fitting into a specific box; it’s about finding a smarter way to make your vacation dreams a reality.
Whether you’re a family looking to create lasting memories, a busy professional in need of a reliable escape, or someone who simply wants to enjoy a beautiful home for a few weeks a year, co-ownership offers a practical path forward. It’s for people who value experiences and want to invest in their lifestyle, not just a property. By sharing ownership, you share the costs, making luxury homes accessible and maintenance completely hands-off. This model opens the door for a wide range of people to enjoy the benefits of a vacation home on their own terms.
Assessing Your Financial Readiness One of the biggest hurdles to owning a vacation home is the cost. Co-ownership changes the financial equation entirely. Instead of purchasing a whole property, you buy a share—typically 1/8 to 1/13—that aligns with how much time you’ll actually use the home. This means you’re only paying for the portion you own, which makes the upfront cost significantly lower than a traditional purchase.
This approach makes financial sense for people who are ready for a second home but don’t want to tie up a large amount of capital in a property that will sit empty most of the year. Beyond the initial purchase, you’ll also share the monthly operating expenses with the other owners, covering everything from property management to utilities and repairs. We offer several financing options to help make the purchase process smooth and straightforward.
Who Can Become a Co-Owner? There’s a common misconception that shared ownership is only for a certain type of buyer, but that couldn’t be further from the truth. The reality is that co-ownership is available to a wide variety of people from all walks of life. You don’t have to be a first-time buyer or nearing retirement to find value in this model. We see everyone from young families building new traditions to established professionals seeking a turnkey retreat.
Groups of friends, couples, and solo adventurers have all found that co-ownership fits their lifestyle. The main requirement is a desire to own a beautiful vacation home in a smart, efficient way. If you have more questions about specific qualifications or how the process works, our FAQ page is a great resource for answers to common questions.
A Look at the Ideal Co-Owner Profile While anyone can become a co-owner, the people who get the most out of the experience tend to share a certain mindset. The ideal co-owner values access and experience over the idea of 100% ownership. They want all the perks of a vacation home—the relaxation, the beautiful setting, the memories—without the classic headaches of maintenance, repairs, and year-round management. They see the logic in paying for what they actually use.
Our owners are planners who appreciate a structured system for scheduling their stays. They are collaborative and respectful of the shared nature of the property. Ultimately, they are looking for a hassle-free way to enjoy a luxury home in a destination they love. If this sounds like you, exploring the details of co-ownership is a great next step.
What Kind of Vacation Homes Can You Co-Own? One of the best parts of co-ownership is that it opens the door to incredible, high-end homes that might otherwise feel out of reach. We’re not talking about your standard vacation rental; we’re talking about thoughtfully designed, beautifully furnished properties in some of the most sought-after destinations. Think of the kind of place you’d pin to a dream board—a modern mountain retreat with panoramic views or a spacious lakeside home perfect for family gatherings.
The whole idea behind co-ownership is to make this level of luxury more accessible. Instead of shouldering the entire cost of a multi-million dollar property, you purchase a share that matches the amount of time you’ll actually use it. This means you can enjoy all the perks of a premium vacation home—the high-end finishes, the gourmet kitchen, the stunning location—without the financial and logistical weight of sole ownership. We handle the hard parts, so you can focus on what matters: making memories.
Explore Our Curated Listings We know that searching for the perfect vacation home can be overwhelming. That’s why we do the legwork for you. Our team carefully vets every single property before it makes it into our portfolio. We look for homes that aren’t just beautiful but are also built for creating unforgettable experiences. This curated approach means you don’t have to spend hours scrolling through endless options. Instead, you can browse a select collection of top-tier homes, knowing that each one has already met our high standards for quality, location, and comfort. You can see what’s currently available by exploring our listings .
Property Types and Dream Locations Whether your ideal getaway involves hitting the slopes or relaxing by a fire pit, there’s a co-owned home to match. Our properties range from modern chalets with ski-in/ski-out access to sprawling homes perfect for hosting the entire family. We focus on destinations that offer year-round appeal, especially in stunning locations like Utah, where adventure and relaxation go hand in hand. The goal is to find homes that serve as a perfect backdrop for your life, allowing you to build traditions and create lasting memories in a place that truly feels like your own.
How We Source Our Properties Our property selection process is meticulous because we know the quality of the home is central to your experience. We start by identifying properties in prime locations that offer both privacy and convenience. We look for exceptional design, quality construction, and amenities that make a house feel like a true retreat. Every home is evaluated not just for its features, but for its potential to be a cherished getaway. This careful sourcing ensures that when you buy a share , you’re getting a stake in a truly special place that you and your family will be excited to return to year after year.
Understanding the Costs of Co-Ownership One of the most appealing aspects of co-ownership is how it makes luxury vacation homes financially attainable. Instead of one person shouldering the entire cost of a multi-million dollar property, the expenses are divided among a small group of owners. This approach dramatically lowers the barrier to entry and makes the dream of owning a second home a reality for more families. But what exactly are you paying for? Let's break down the costs so you have a clear picture of the investment, from your initial purchase to monthly expenses. We believe in full transparency, ensuring you feel confident and informed every step of the way.
Your Initial Investment and Financing Options The largest financial hurdle in traditional homeownership is the down payment and purchase price. With co-ownership, that initial investment is significantly smaller because you're only buying a share of the home, not the whole thing. Your deposit is based on the price of your share, making it much more manageable. For example, instead of needing a 20% down payment on a $2 million home, you’d only need a deposit for your 1/8 share, which might be $250,000.
Many co-owners secure a loan for their purchase, just as you would with a traditional property. We can connect you with trusted lending partners who specialize in financing for co-ownership and understand the process. This allows you to get a loan for your portion of the home, making the purchase even more accessible.
Monthly Operating Costs, Explained Once you're a co-owner, the ongoing costs of running the home are also shared. Think of all the expenses that come with homeownership: property taxes, insurance, utilities, Wi-Fi, landscaping, and routine maintenance. In a co-ownership model, these costs are rolled into a single monthly operating fee, which is split among all the owners. This predictable monthly payment covers everything needed to keep the home in pristine condition, so you can just show up and relax.
Many owners choose to rent out some of their allotted time to help offset these operating costs. Through the owner-exclusive myFRAX Portal , you can easily manage your stays and make your home available for rental. This is a practical way to make owning your dream vacation home even more affordable.
A Transparent Look at All Expenses We want you to have a complete understanding of all the costs involved before you commit. There are no hidden fees or surprise charges. The expenses are straightforward and fall into two main categories: your one-time acquisition cost and your ongoing monthly costs. The acquisition cost includes the price of your share and standard closing costs. The monthly operating expenses cover the professional management and upkeep of the property, including contributions to a shared reserve fund for future repairs or replacements.
This transparent structure ensures the home is beautifully maintained for years to come. If you ever decide to sell your share, the process is also clear and simple. We help you find a buyer, making the experience much smoother than selling a traditional property. You can find more details about the process on our FAQ page .
How to Find Your Perfect Co-Owned Vacation Home Finding the right vacation home is an exciting step toward creating lasting memories with your family and friends. The process should feel inspiring, not overwhelming. With a clear path and the right support, you can easily move from dreaming about a getaway to owning a share of one. Think of it as a simple, three-step journey: exploring the possibilities, refining your search to match your lifestyle, and connecting with a team that can help you put all the pieces together. Let’s walk through how you can find the perfect co-owned property that feels like it was made just for you.
Browse Our Exclusive Listings Your search begins with inspiration. The best way to get a feel for what’s possible is to explore our curated collection of properties. We offer a wide selection of beautiful homes in some of the most sought-after vacation spots. As you browse our exclusive listings , let yourself imagine your family relaxing by the fireplace after a day of skiing or enjoying a sunset from the deck. Each home is chosen for its unique character, location, and potential for creating incredible experiences. This first step is all about seeing what’s out there and letting a particular home or destination spark your interest.
Filter Properties to Match Your Needs Once you have a general idea of what you’re looking for, it’s time to narrow down the options. Our property search tools make it easy to find exactly what you want. You can filter homes by location, size, and specific amenities that matter most to you and your family. Are you looking for a ski-in/ski-out cabin, a home with a private hot tub, or a place within walking distance of a charming town? By applying these filters, you can quickly zero in on the properties that align with your dream vacation lifestyle. This helps you focus your attention on the homes that are a true fit, making your search more efficient and enjoyable.
Work With Our Team to Find Your Fit You don’t have to go through this process alone. If you have questions about a specific property or want to better understand how co-ownership works, our team is here to help. We can walk you through the details, explain the purchase process, and ensure you feel confident every step of the way. Think of us as your personal guides to finding the right fit. There’s no pressure—just clear, helpful answers to your questions. When you’re ready, contact our team to get the personalized support you need to turn your vacation home dream into a reality.
Common Myths About Co-Ownership, Busted The idea of co-owning a vacation home is exciting, but it’s also a relatively new approach to property ownership. It’s completely understandable to have questions and even some skepticism. You might have heard things that make you pause and wonder if it’s the right fit for you and your family. The good news is that many of the common concerns about shared ownership are based on outdated models or simple misunderstandings.
Let's clear the air and look at some of the most persistent myths about co-ownership. By separating fact from fiction, you can get a much clearer picture of how this modern approach to owning a second home actually works. We’ll walk through the four biggest misconceptions we hear and explain the reality behind the co-ownership model , so you can feel confident in your decision-making process.
Myth: "It's just a timeshare." This is probably the most common myth we hear, and it’s the most important one to clear up. Unlike a timeshare, where you typically buy the right to use a property for a set amount of time each year, co-ownership means you own a real, deeded share of the property itself. It’s a true real estate asset. This distinction is crucial because as an owner, you build equity in the home. If the property value increases, so does the value of your share. You have a tangible stake in the home, and when you’re ready to move on, you can sell your share just like you would any other piece of real estate.
Myth: "Scheduling stays is a nightmare." The thought of juggling schedules with several other owners can seem daunting. Who gets the holidays? What if everyone wants the same summer week? Thankfully, modern co-ownership gets rid of these headaches with a smart and equitable scheduling system. At Fraxioned, we use the myFRAX Portal , a user-friendly platform that makes booking your stays simple and fair. The system is designed to ensure every owner gets access to peak season dates and holidays over time. You can plan your stays well in advance or book a spontaneous trip if the home is available, all without the back-and-forth hassle. It’s all about maximizing your enjoyment, not adding to your stress.
Myth: "I won't have a say in the property." It’s your home, so of course, you have a say. While Fraxioned handles all the day-to-day management—like cleaning, maintenance, and repairs—you are still a true owner. This isn't a hotel where you're just a guest. As a co-owner, you have a voice in significant decisions regarding the property. You own a percentage of the home, which gives you a real stake in its future. The goal is to provide a hassle-free experience by taking care of the operational details, freeing you up to simply enjoy your time. But rest assured, your role as an owner is respected and valued.
Myth: "Selling my share is too complicated." Life changes, and you might decide to sell your share of the vacation home one day. Many people worry that finding a buyer for a fraction of a property will be difficult, but the process is more streamlined than you might think. You have the freedom to sell your share at a price you set. We help by marketing your share to our network and prospective buyers, making the experience seamless. Because these luxury homes are in high-demand locations, there is often a waiting list of people interested in becoming owners. Our FAQ page offers more details on the resale process, which is designed to be as straightforward as selling a traditional home.
The Pros and Cons of Co-Owning a Vacation Home Deciding to buy a vacation home is a big step, and the co-ownership model presents a unique path to getting there. Like any major purchase, it comes with its own set of benefits and things to consider. Thinking through both sides helps you decide if this approach is the right fit for you and your family. It’s about finding a balance that aligns with your vacation dreams and financial comfort zone.
The goal is to enjoy a beautiful home without the traditional burdens of sole ownership. Let’s walk through what that really looks like.
The Upsides: Luxury Living for Less The most significant advantage of co-ownership is affordability. This model opens the door to stunning, high-end vacation homes that might otherwise be out of reach. Instead of covering the entire cost of a luxury property, you purchase a share that fits your budget and usage needs. This means you can enjoy a multi-million dollar home for a fraction of the price.
Beyond the initial purchase, all the ongoing expenses—like property taxes, insurance, and maintenance—are split among the co-owners. This makes the year-round cost of ownership much more manageable. You get all the perks of a premium vacation spot without the full financial weight, making co-ownership a practical way to live your vacation dreams.
The Considerations: What to Know Before You Buy While sharing costs is a major plus, sharing the property itself requires some planning. With co-ownership, you’ll be scheduling your stays alongside the other owners. At Fraxioned, we make this simple with an easy-to-use app, but it’s still important to be flexible. You won’t have spontaneous, unlimited access, so you’ll need to plan your getaways in advance.
It’s also important to remember that this is a shared asset. While we handle all the property management and upkeep to ensure the home is always in perfect condition, decisions about major upgrades or changes are typically made as a group. This collaborative approach ensures the property is well-maintained and meets everyone's standards for a five-star experience. You can find more details on how this works in our FAQ .
Understanding Your Role as a Co-Owner As a co-owner, you are buying a real, deeded share of the property. This isn't a timeshare or a vacation club; it's true real estate ownership. You have equity in the home and can sell your share in the future if you decide to. Your role is simply to enjoy your time at the property, create lasting memories, and leave the hassles of maintenance and management to us.
Many owners choose to rent out some of their allocated time to help offset the monthly operating costs. While this is a great way to make ownership even more affordable, the primary purpose is for you to have a beautiful place to escape to. It’s about having a personal retreat, a home base for adventure, and a gathering place for the people you love.
How to Get Started with Co-Ownership Ready to make your vacation home dream a reality? The path to co-ownership is more straightforward than you might think. We’ve designed a clear and supportive process to guide you from browsing beautiful homes to unlocking the door of your new getaway. Think of us as your dedicated partners, here to answer every question and handle the details so you can focus on the fun part: planning future family memories. Let’s walk through the simple steps to buying your share and starting your co-ownership journey.
Your Step-by-Step Guide to Buying a Share Getting started is an exciting process, and we’ve broken it down into a few simple phases. First, you’ll explore our curated listings to find a home that speaks to you. Once you’ve found a potential match, you can schedule a call with our team to get all your questions answered. We’ll then walk you through the property-specific LLC operating agreement and purchase documents. After you’ve reviewed everything, you’ll secure your financing and sign the closing papers. From there, you’ll get access to the myFRAX portal to start booking your stays. It’s a seamless path to owning a stunning vacation home.
Required Documents and Financing The financial side of co-ownership is designed for accessibility. Instead of a mortgage for the entire property, you only need to cover the cost of your share, which you can pay for with cash or through financing. We can connect you with our network of preferred lenders who understand the co-ownership model and can help you secure a loan for your portion. The main legal document is the LLC operating agreement, which outlines the rights and responsibilities of all the co-owners. Our team will provide all necessary documents and ensure you have a clear understanding before moving forward.
Partnering with Our Team and Lenders You are never alone in this process. From your first inquiry to the day you close, our team is here to provide support and clarity. We work closely with you to ensure you find the perfect home and ownership structure for your family. Because co-ownership is a unique model, we’ve built relationships with lenders who specialize in this type of financing. This partnership makes the process much smoother, as they are already familiar with our legal structure and can offer a streamlined approval process. If you have any questions along the way, we encourage you to contact us directly.
Tips for a Successful Vacation Home Search Finding the right vacation home is about more than just square footage and the number of bedrooms; it's about finding a place where you can truly unwind and make memories. The search is an exciting part of the process, and a little preparation can help you find the perfect fit for your family and lifestyle. By thinking through what you really want, considering the practical details, and leaning on expert support, you can move confidently toward owning your dream getaway.
Define Your Dream Vacation Lifestyle Before you even start browsing listings, take some time to daydream. What does your ideal vacation look like? Are you picturing snowy mornings with a cup of coffee before hitting the slopes, or long summer afternoons spent by the lake? Make a list of the non-negotiables. Think about who will be using the home—just your immediate family, or will you be hosting friends and extended family? Understanding how you plan to use the property will guide every other decision. The beauty of co-ownership is that it makes luxury properties more accessible, so you can focus on finding a home that truly matches your vision without overextending your finances.
Consider Location and Accessibility A home can be perfect on paper, but if it’s a headache to get to, you might not use it as often as you’d like. Think about the logistics. Do you prefer a destination you can drive to for a long weekend, or are you comfortable with a location that requires a flight? Once you’re there, how close are you to the activities you love? Consider your proximity to ski resorts, hiking trails, town centers, or waterfronts. Take a look at our current vacation home listings to get a feel for the types of locations that could work for you and your family. The right spot is one that feels both like an escape and effortlessly within reach.
Get Professional Advice The path to owning a vacation home, especially through a co-ownership model, has its own unique steps. You don’t have to figure it all out on your own. Working with a team that specializes in fractional ownership can make the entire process smoother and more transparent. These professionals can answer all your questions, from how scheduling works to the details of monthly operating costs and the process for eventually selling your share. Leaning on expert guidance ensures you have all the information you need to make a decision that feels right. If you have questions, our team is always here to help you get the answers you need.
Is Co-Ownership Your Key to a Dream Vacation Home? Deciding to buy a vacation home is a huge step, and it’s smart to explore all your options. Co-ownership is an amazing way to make luxury homeownership a reality, but it’s important to be sure it aligns with your personal and financial goals. It’s about more than just finding a beautiful house; it’s about finding a model of ownership that fits your lifestyle. With co-ownership , you purchase a real estate asset—an actual share of the property—not just time. This approach makes owning a stunning vacation home more attainable because you’re only paying for a fraction of the total cost.
Before you jump in, let’s walk through a few final checkpoints. Thinking through your finances, long-term vacation dreams, and how co-ownership stacks up against other choices will give you the clarity and confidence to move forward. This isn’t just about buying a property; it’s about investing in a future filled with incredible memories. Let's make sure it's the right fit for you.
A Final Check on Your Financial Goals Take a moment to look at your budget. The beauty of co-ownership is that it significantly lowers the barrier to entry for a luxury property. Instead of needing the capital for the entire home, you only need to secure financing for the share you want to buy. This means your mortgage payment is based on your percentage of ownership, not the home's full value. You’ll also share the monthly operating expenses—like maintenance, utilities, and property taxes—with the other co-owners. This collaborative approach keeps ongoing costs predictable and manageable, allowing you to enjoy your home without the financial strain of sole ownership.
Thinking About Your Long-Term Vacation Plans How do you picture your family's vacations over the next five, ten, or even twenty years? If you dream of having a consistent, beautiful, and comfortable home base to return to year after year, co-ownership could be perfect. It’s for those who want to build a tradition and create lasting memories in a place that feels like their own. Unlike a timeshare, you own a real piece of the property. This gives you a tangible asset and a true sense of belonging. Take a look at our current listings and imagine your family making memories in one of these incredible homes.
Comparing Co-Ownership to Other Options When you weigh your options, co-ownership often presents a compelling middle ground. On one hand, you have sole ownership, which comes with a hefty price tag and the full responsibility of maintenance and upkeep. On the other, there’s renting, which offers flexibility but no equity or long-term connection to a property. Co-ownership can be more affordable than renting a comparable luxury home for several weeks each year, with the added benefit of owning a stake in your home. It gives you the pride of ownership without the overwhelming costs and hassles. You can find more detailed comparisons on our FAQ page .
Related Articles Frequently Asked Questions How exactly does scheduling work to make sure it's fair for everyone? Our scheduling is handled through a user-friendly app and is designed to be equitable for all owners. The system uses a rotating priority model, which means everyone gets a fair shot at booking holidays and popular dates over time. You can plan your stays far in advance or book a last-minute trip if the home is available. It’s a straightforward system that eliminates the stress of trying to coordinate with multiple people.
Can I rent out my unused time to help cover the monthly costs? Yes, you absolutely can. If you have scheduled time at the home that you know you won't be able to use, you can make those dates available for rental through our owner portal . Any rental revenue you earn can be a great way to offset your monthly operating expenses. While it's a practical benefit, the main purpose of ownership is for you and your family to enjoy the home.
What happens if another owner damages something in the home? We understand this is a common concern, and we have systems in place to protect the property and all its owners. The home is professionally inspected and cleaned after every stay, so any issues are identified immediately. Minor wear and tear is covered by the shared operating budget, while any significant damage would be the responsibility of the owner who was using the home at the time, typically covered by their homeowner's insurance.
Is the home truly ready for me to enjoy the moment I arrive? Completely. Our goal is to provide a five-star, hotel-like experience in the comfort of your own home. Before you arrive, the property is professionally cleaned and restocked with all the essentials, from luxury linens and towels to kitchen staples. You don’t need to worry about packing anything but your personal belongings. The house is managed and maintained year-round, so you can just walk in and start your vacation.
What does the process look like if I decide to sell my share in the future? You have complete control over selling your share and can do so at any time. You set the price, and we help facilitate the sale. Typically, your share is first offered to the other existing co-owners. If none of them choose to purchase it, we will then help you market the share to our network of interested buyers. The process is designed to be as simple and transparent as selling a traditional home.
