Introduction

With more than four decades of resort development experience, Vail Resorts is proud to offer the Mountain Thunder Townhomes. Designed to compliment the two existing Lodge buildings, this innovative product will complete the successful Mountain Thunder neighborhood. Mountain Thunder joins other neighborhoods in Beaver Creek, Bachelor Gulch and Red Sky Ranch as a Signature Community of Vail Resorts.

The Mountain Thunder Town Homes will be one of a kind in Breckenridge. The owners will enjoy a wooded setting near Main Street with ski-in access and live in a community that reflects the high standards expected from Vail Resorts.

Overview

A total of 34 townhome-styled condominiums will be offered in six buildings. Each building will house four to eight residences.

If contract conditions and pre-sale requirements are met by April of 2005, construction of the community, which includes the Skyway Skiway, will begin in the Summer of 2005. The first residences and the skiway should be completed by the fall of 2006.

The Mountain Thunder Town Homes are designed for owners who want the look and feel of a private home, and the conveniences of a mountain lodge.

The innovative product gives every owner their own private front door, back door and garage, and access to all the amenities that currently exist in the Lodge Buildings.

Mountain Thunder Town Homes Facts

  • 34 Total Residences
  • 6 two-story buildings
  • Each building includes 4, 6, or 8 residences
  • Three different floor plans
    • One 3-bedroom plan
    • Two 2-bedroom plans
  • Ski-in access
  • Conveniently located near Main Street
  • Quiet, wooded location
  • Access to all existing Mountain Thunder amenities

Skiway/Development Timelines

The much-anticipated Skyway Skiway will be built as part of the Mountain Thunder Town Homes Development. The Skiway will provide ski-in access to the Mountain Thunder community via 4 O'Clock ski run and a bridge over Ski Hill road.

If ten Mountain Thunder Town Home residences are sold by 04/15/05, and other contract conditions are met, construction of the development, which includes the Skiway, will begin in the Summer of 2005. If the pre-sale requirement is not met, the Seller has the option to return any earnest money and not go forward with construction.

It will take two Summer building seasons to construct the Skiway and bridge. This means completion will be late Fall of 2006. This will roughly coincide with the completion of the first residences sold

The Skyway Skiway will give Mountain Thunder the unique advantage of a location that offers ski-in access, a short walk to town, and a quiet wooded setting. This location, coupled with an innovative product and high-level finishes, will make the Mountain Thunder Townhomes very appealing.

Special Features in Every Residence

  • Private entryways
  • Private garages
  • Vaulted ceilings
  • Generous storage and lockable owner's closets
  • Gas Fireplaces with moss-rock surrounds
  • Washer/Dryer
  • 5-Piece Master Baths
  • Professionally designed optional furniture package

Finishes

Two professionally designed color schemes are available. Both schemes include:

  • Tile floor entry
  • Granite slab kitchen counters
  • Knotty alder cabinets and trim
  • Stainless steel appliances
  • Moss rock fireplace with stone mantle

Amenities Available to all Mountain Thunder Owners

  • 24 hour front desk
  • Owner's lounge
  • Two exercise facilities
  • Conference facilities
  • Outdoor hot tubs
  • Heated outdoor pool
  • Children's play area
  • Shuttle service

Furniture Package

An optional furniture package is available in a variety of color schemes. The schemes have been created by a professional designer and reflect the refined, rustic feel on the Breckenridge mountains. Two color schemes are available for the Living Rooms and four choices are available for the bedrooms.

The price for the two bedroom package is $30,000 and the three bedroom is $40,000.

Price Ranges for Initial Offering

  • The Elan
    • 3 Bedroom, 3 baths
    • 2-story
    • 1627 square feet
    • 2-Car Garage
    • $750,000 to $895,000
  • The Northstar
    • 2 Bedroom, 2 baths
    • 1-story, upper level
    • 1381 square feet
    • 1-Car Garage
    • $595,000 to $655,000
  • The Sawmill
    • 2 Bedroom, 2 baths
    • 1-story, main level
    • 11001 square feet
    • 1-Car Garage
    • $540,000 to $625,000

Homeowner's Association

The Mountain Thunder Lodge Association has been set up to manage the Mountain Thunder community. The dues will include maintenance of the various common areas which include such things as the walls and roofs of the buildings, driveways, sidewalks and paths, landscaped areas, pool and hot tub facilities, exercise rooms, and the owner's lounge.

The Mountain Thunder Lodge Association will collect assessments to pay for maintenance and repair of the various common elements. In addition, the assessments will include amounts for reserves for periodic maintenance, repairs and replacement of components of the community. All Unit Owners are members of the Association and, ultimately will elect a board of directors to direct the affairs of the Association with respect to budgeting, maintenance, repairs, management and rules and regulations of and for these common elements.

The assessments cover such things as: trash removal, snow removal, water and sewer service, interior heat in each residence, central telephone service, basic cable TV, building insurance, and security.

The assessments will not cover: electric service for each residence, long distance phone service, insurance of the contents of each residence, liability insurance for each residence, and owner property taxes for each residence.

Breckenridge Mountain Metropolitan District

The Mountain Thunder Town Homes are located within the Breckenridge Mountain Metropolitan District and will benefit from the services and facilities that the District provides. One of the main purposes of the District is to provide partial funding for the proposed gondola. Currently the District's mill levy is 20.00

Residence Selection

The initial owners of Mountain Thunder Lodge have the ability to make a selection at Mountain Thunder Town Homes before the general public. An eligible Lodge owner wishing to purchase at the Town Homes before the general public must have unmodified purchase documents turned in on January 26th, 2005. Valid purchase agreements will be accepted on January 27th, 2005.

The available residences will be released for sale on February 3rd, unmodified purchase documents need to be turned in by 5:00 pm on February 2nd, 2005.

This summary should not be exclusively relied upon as a basis for making a decision to purchase property at Mountain Thunder Town Homes. Purchasers should refer to the Property Documents binder prior to signing a Purchase Agreement. Information presented here is subject to change by the developer without notice. 01/12/05