Shared ranch
From Wikipedia, the free encyclopedia
The shared ranch concept takes a large tract of land used for agricultural purposes and converts it into a smaller parcels for residential use. Usually several hundred acres are set aside for the owners of the parcels to share. On this common area are all the amenities of the shared ranch. Amenities can range from a barn and riding arena to lavish guest cabins with a clubhouse.[1] All of the facilities and grounds are maintained by a ranch manager and some shared ranches have their own concierge service to cater to the owner's needs and help with property management needs.
Most shared ranches will offer the popular outdoor activities on site. Fly fishing,[2] Equestrian, ATVs, and sporting clays. While nearby activities include hunting, hiking, mountain biking and river rafting. Some shared ranches will be near ski mountains and offer snowmobiling. Other activities can include, spelunking, rodeos, and golf.
Amenities
They are tangible benefits of owning in a shared ranch and provide comfort and convenience. These could include a guest cabin, clubhouse for private dinners, workout facilities, on site masseuse, private chefs, maid service, ranch manager, and concierge services.[3] These services make ranch life less rustic and more luxurious.
Homeowners' association
The common area, the cost to maintain the common area, utilities, taxes, insurance, and the ranch manager's salary are all shared by the homeowners and divided up billed to owners as homeowners' association dues.[4] Splitting the cost reduces the amount an owner spends compared to the entire bill for a ranch and to ensure it is maintained and protected in the owner's absence.