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Among the fees associated with joining a destination club are nightly use charges. While most clubs don’t tack on these extra fees, those clubs that do often have lower annual dues charges for members. Here’s a look at Grand Resort Properties, a four home destination club with a membership model that includes nightly use charges.
Founded in 2006 and headquartered in Omaha, Neb., Grand Resort Properties has just four homes in its property portfolio, placing it squarely on the ultra-boutique end of destination clubs. Its 2,400 square foot ski-in/ski-out condominium in Colorado’s Beaver Creek Lodge has three bedrooms, underground parking, elevator access and a wood burning fireplace. The club’s 3,300 square foot condominium on Florida’s Marco Island has three bedrooms, three balconies with ocean views, a 12-seat theater room, and access to a pool, tennis courts and golf at a nearby resort.
The club also owns a 6,000 square foot home on Grand Pointe Island, a private island in Missouri’s Lake of the Ozarks. The house sleeps 13, and has lake views from every room, a great room with a large stone fireplace, an infinity pool with a swim-up bar, a hot tub and outdoor fire pit. Grand Resort Properties is the only destination club to have a house in Missouri. The one non-U.S.property is, not surprisingly, in Cabo San Lucas, the most popular location for destination club homes. This 3,400 square foot home sits adjacent to the fifth fairway of the Jack Nicklaus-designed Ocean golf course. It has three bedrooms, an interior courtyard equipped with a fountain, an infinity-edge swimming pool and an outdoor kitchen.
The club is eyeing six other locations in the U.S. and Belize for properties in the near future. The current portfolio holds homes averaging more than $2.3 million in value.
Grand Resort Properties offers five membership levels, from a $50,000 plan to a $500,000 corporate use option. Dues range from $2,995 to $7,995 a year, which is lower than typical fees at destination clubs. However, the club charges per night fees ranging from $395 to $549, depending on the plan, that can significantly raise the cost of membership. For instance, the seven night plan annual outlay jumps $3,843, to $6,838, once nightly fees are accounted for, while the cost of the 42 night plan with annual dues of $4,495 jumps to $21,085 a year with nightly fees. Though annual costs rise considerably once you add in nightly dues, the total expense, for the most part, is still lower than those of comparable plans at bigger destination clubs. One exception is High Country Club, which has some of the lowest membership costs of any club and no nightly fees.



