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FRONT FOUR PRIVATE RESIDENCE

This is neither an offer to sell nor a solicitation of an offer to buy to residents of any state in which registration requirements have not been fulfilled. The features and amenities and other improvements described and depicted in the artists renderings or otherwise herein are subject to change without notice. No guarantee is made that the proposed features, amenities or other improvements are the same number, type, size or nature as depicted or described. Access to and rights to use recreational amenities within the development may be subject to payment of use fees, membership requirements or other limitations.

SPRUCE PEAK REALTY ~ 877-977-7823 ~ www.sprucepeak.com

The Smith Macdonald Group, Coldwell Banker Carlson Real Estate www.StoweRE.com | (802) 598-0252 | [email protected]


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Annual Dues (billed quarterly) 2 BR: 1975 sq. ft. with 2 & ½ Baths $12,056 Annually ($3,014/Quarter) Current Price: $219,000 Estimated 2017 3 BR: 2500 sq. ft. With 3 & ½ Baths $14,638 Annually ($3,660/Quarter) Current Price: $249,000 Estimated 2017 4 BR: 3000 + sq. ft. + with 4 & ½ Baths $17,216 Annually ($4,304/Quarter) Current Price: $309,000 Estimated 2017 Annual Dues Include:

Private Club Benefits: 2 transferrable Lift Passes, Family Golf, preferred rates for selected food and ski services on mountain, access to Stowe Mountain Club’s fine dining options, Gondola summer access and No Fee Spa & Fitness Center Access General & Accounting: Front Office, Housekeeping, Accounting

Maintenance: Common Areas and Contingency Utilities: Gas, Water/Sewer, Electric, Telephone, Wireless Internet, Cable Fees & Dues: Spruce Peak Master Assessment, SML Condo Assessment, Club Dues Other: Insurance, Owner Association Management Fee Replacement Reserves: Furnishings, Appliances, Linens, Pots & Pans etc.

Guest Services Fee: Valet, Doormen, Bell Staff, Storage, Concierge, Front Desk, Heated Parking Maintenance & Operations: Garage, Lobby, Exterior Grounds, Pool Yearly Property Taxes: Collected by the Front Four Association, (Not included but billed quarterly with Annual Dues) 2017 Estimated annual taxes: 2BR $1,468/ 3BR $1,838/ 4BR $2,202

PRICING


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1/8th Interest Each 1/8th share is a deeded, fee simple interest. Each owner receives 14 planned

reservation nights in the Prime Winter season and 14 planned reservation nights in the Prime Summer season booked in 3, 4 or 7 night stays, plus up to 7 additional nights of advanced Space Available Time each season. In addition, owners can take advantage of unlimited near term space available time throughout the year by calling 15 nights or less prior to arrival to book in a minimum of a 1 night stay to a maximum of 7 nights per booking. All benefits of the club are in affect whenever you’re in residence whether it’s reserved time or space available time.

Ownership also provides year round storage for belongings and equipment. Walk into a beautifully furnished and elegant but comfortable Vermont residence with every attention to detail taken into consideration; comfy down duvets on the beds. Residences also include granite counter tops and gourmet outfitted kitchen with stainless steel appliances and all the modern conveniences of home. Flat screen TV’s and wireless internet access. If you don’t feel like cooking, take a flight down to our signature restaurant or call 24 hour room service.

Front Four Private Residences Great Room

USE PLAN


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At the Front Four, nothing has been overlooked. The views, location, furnishings, attention to detail, member services and craftsmanship all thoughtfully choreographed to harmonize with the mountain environment; everything in place right down to the silverware. The interiors of the Front Four residences will exceed your expectations and are elegantly furnished and appointed with a luxurious “Mountain” theme. Wilson Associates is an internationally acclaimed design firm that put their signature on our interiors with their in-room architectural design. Since 1978, Trisha Wilson and her firm’s goal has been to customize their approach for each client and incorporate a geographical flavor into each project by using local craftsmen, artisans and artists and involve them in the design of furniture, lighting, carpets and fabrics; they have offices in New York, Dallas, Los Angeles, Singapore, Johannesburg, and Shanghai. In addition to the luxurious furnishings, your residence boasts the following: � Nine-foot-plus ceilings with wooden accents � Expansive floor to ceiling glass windows and private balconies � Artistic encased gas fireplaces � Natural stone encompassing the foyer and the kitchen floor � Unique granite counter tops in kitchens and baths � Gourmet equipped kitchens with top of the line appliances � Solid core interior wooden doors � State of the art Flat screen TV’s � Imported tile floors, walls and tub surrounds in every bathroom

Imagine your residence appointed in World Class Style.

To get a feeling of what you can expect in your residence, log on to the Wilson site at www.wilsonassoc.com and put yourself in the picture.

INTERIOR DECORATING/FIT & FINISH


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� Beautifully appointed 2, 3 & 4 BR Residences on the top levels of the Stowe Mountain

Lodge – 2000, 2500, and 3200 plus sq. ft. respectively; full bath for each Bedroom plus a ½ bath (powder room) off the entryway

� Luxury hotel amenities: services include valet serviced underground-heated parking, 24 hour room service, bellman, housekeeping, in-house signature restaurant, outdoor pool, wellness spa, game room and fitness center

� Private Club Concierge Service on the 4th floor

� Private Elevator Access to your Residence Level

� Concierge Level Private Lounge with Fireplace

� Concierge Level Complimentary Continental Breakfast every morning

� Concierge Level Complimentary Wine & Cheese Social

Arrive for your stay riding the private owner elevator to the fourth level where you are greeted by your own concierge and your room key awaits you. Before hitting the slopes or heading out for a golf outing, enjoy a leisurely continental breakfast in the owners lounge and several times during the week meet new friends at a Wine and Cheese event; all included with your Front Four ownership.

Fourth Level Owners Lounge and Concierge

AMENITIES


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Spa access & benefits: � Priority and “No Fee” unlimited access for designee and immediate family to the

21,000 sq. ft. full-service Spa, 18 private treatment rooms, Fitness and Wellness Center, priority bookings for all spa services; interior access from your residence

The journey of the spa begins in the “healing lodge,” a private water sanctuary designed to encourage you to relax. Partake in this therapeutic experience either before or after your scheduled appointments. The spa’s signature treatments will reflect the four seasons, and the necessary changes that occur in nature and oneself; visiting in winter (balance), spring (healing), summer (rejuvenating), or fall (calming/detoxifying), the spa will bring you back to nature. Don’t forget to keep your muscles toned and stay in shape with the state-of-the-art fitness facilities. The Spa at Stowe Mountain Lodge is an environment of relaxation, renewal and rejuvenation.

The Sanctuary at The Spa in Stowe Mountain Lodge

SPA ACCESS AND BENEFITS


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The Registry Collection® portfolio represents luxury leisure travel at its finest: Superbly appointed accommodations at the most desirable resort destinations. As a Front Four Owner, you will have exchange privileges with this premiere private residence club vacation property program.

Coast-based resorts in our portfolio include white sand beachfronts, exotic island properties, golf resorts, and tropical offerings. If you prefer fresh water our Lake resorts offer our members placid luxury, superb amenities and a rich choice of activities from championship golf and fishing to spa treatments and sauna sessions. For special experiences like luxury yachts, game lodges or castles, explore the portfolio’s category “Specialties”.

Whether its deep powder on your favorite slopes or a tennis match as the sun dips behind the highest crest; for winter retreats and summer escapes, Mountain resorts offer glorious terrain. Maybe you’d prefer to dive into dynamic nightlife, immersing yourself in the arts or shopping in exciting boutiques and specialty stores at our Metropolitan resorts. Or just mosey along rolling hills, charming vineyards, view magnificent sunsets and relax. www.TheRegistryCollection.com

REGISTRY COLLECTION OVERVIEW


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Making an exchange reservation is simple. It requires four steps:

1. Deposit your Interval for Credits. 2. Decide where you want to go. 3. Use your Credits to make a reservation. 4. Pay the exchange fee.

Call Your Reservation Consultant Our Reservation Consultants will assist you with every step of the process. They are there to answer your every question about deposits, Credits, and reservations. What’s more, they can help you choose your ideal resort destination and let you know about special offers.

Understanding Credits The Interval of time you deposited is worth a designated number of Credits in The Registry Collection® system. The same is true of the Intervals of time at every other property in the Portfolio. These Credits are how you make an exchange reservation for a holiday at any of the other properties in the Portfolio.

Depositing An Interval This is how you gain Credits in order to make an exchange reservation. You may deposit Intervals from your resort anytime 365 to 90 days in advance of the check-in date of the Interval you are depositing. Intervals can only be deposited in increments of 7 nights unless otherwise noted.

Making the Exchange Reservation Once you make a reservation for a property in the Portfolio, you exchange your Credits to complete the transaction.

What happens when the Credits for my Interval are more or less than the Credits required for the holiday I want? In some cases, you can make multiple reservations for one deposited Interval. In other cases, you may need to deposit multiple Intervals to reserve one Interval from another resort. You may even borrow Credits from next year. The system is flexible and you get to choose how you use your Credits. Reservations are always in 7-night increments unless otherwise noted.

REGISTRY COLLECTION OVERVIEW


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Estimated FFROA

Assessments

Estimated SMLCOA

Assessments*

Estimated SPMOA

Assessments

Estimated Guest

Service Fees

Stowe Mountain Club Fees

Total Estimated Annual Costs

Total Estimated Quarterly

Costs 2-Bedroom $5,841 $2,351 $364 $1,380 $2,120 $12,056 $3,014 3-Bedroom $7,314 $3,112 $364 $1,728 $2,120 $14,638 $3,660 4-Bedroom $8,761 $3,900 $364 $2,070 $2,120 $17,216 $4,304

*Actual SMLCOA assessments are based on the square footage of the residence. The above expenses include: Front Four Residences Owners Association Assessments (FFROA): Includes limited maid service, concierge services, continental breakfast, Front Four management and front desk. Stowe Mountain Lodge Condominium Owners’ Association Assessments (SMLCOA): Includes the cost for all utilities (water, electricity, propane, local telephone, high speed internet, & cable). Also includes the operation, management and maintenance of the condominium common element areas, management and applicable personnel, licenses and legal fees, audit fees and Board of Director’s expenses. Includes common area insurance coverage for building replacement, fire and casualty, public liability, director’s insurance and terrorism. Reserve funds are also included. Spruce Peak Master Owners Association (SPMOA): Includes operation, maintenance and management of Spruce Peak Community facilities such as common public roads, community pool, community ice rink/village green, village security, signage and landscaping in resort common areas. Collected by Condominium Association (part of community living cost). Guest Services Fee: Guest Services include front office (reception desk and check-in and check-out services), concierge services, recreational equipment valet, bell and door attendant services, night reception, pool attendant and outside laundry services, telecommunication, management, human resources, information technology, and accounting. Stowe Mountain Club Dues: Each owner of an interest in a Front Four Residence is required to pay annual assessments to the Stowe Mountain Club. Not included in the above expenses: Property Taxes are not included in the above expenses and are billed quarterly by the FFROA. (Estimated 2017 annual taxes: 2BD $1,468, 3BD $1,838, 4BD $2,202)

2017 ESTIMATED EXPENSES


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2017 Estimated Closing Expenses

Estimated FFROA Working Capital

Contribution

Estimated SMLCOA

Working Capital Contribution*

Estimated SPMOA

Working Capital Contribution

Pro-rated portion of Front

Four Association

Dues

Activities Transfer

Fee

2 Bedroom $1,460 $567 $91 Pro-rated for the

quarter depending on your closing

date

1½ % of Purchase

Price



date

1½ % of Purchase

Price



date

1½ % of Purchase

Price

*Actual SMLCOA contribution is based on the square footage of the residence. Front Four Residences Owners Association (FFROA) Working Capital Contribution: A non-refundable working capital contribution to the Front Four Association equal to ¼ of annual assessment. Stowe Mountain Lodge Condominium Owners’ Association (SMLCOA) Working Capital Contribution: A non-refundable working capital contribution to the Stowe Mountain Lodge Condominium Owners Association equal to ¼ of annual assessment. Spruce Peak Master Owners Association (SPMOA) Working Capital Contribution: A non-refundable working capital contribution to the Spruce Peak Master Owners Association equal to ¼ of annual assessment. Activities Transfer Fee: 1% towards the Spruce Peak Resort Association, Inc. to fund Community activities, events, programming and recreational assets and 0.5% to the Spruce Peak Performing Arts Center Foundation. Other closing costs not included above are Vermont Property Transfer tax, recording fees, title policy, wiring fee, attorney fee, closing agent fee, any costs associated with a lender. This is neither an offer to sell nor a solicitation of an offer to buy to residents of any state in which registration requirements have not been fulfilled. The features and amenities and other improvements described and depicted in the artists renderings or otherwise herein are subject to change without notice. No guarantee is made that the proposed features, amenities or other improvements are the same number, type, size or nature as depicted or described. Access to and rights to use recreational amenities within the development may be subject to payment of use fees, membership requirements or other limitations.

2017 ESTIMATED EXPENSES (continued) (continued)


Furniture layout and room dimensions subject to change. Rendering is an artist’s interpretation only.

Approximately 1,975 sq. ft. on two levels

TYPICAL TWO-BEDROOM FLOORPLAN

Kit

chen

Foyer

Great Room

Master Bedroom

Bedroom

Master Bathroom

Bathroom

Half Bath

Main Level

Second Level



Approximately 2,300 sq. ft. on one level

TYPICAL THREE-BEDROOM FLOORPLAN

Kit

chen

Foyer

Great Room

Master Bedroom

Bedroom

Bathroom

Master Bathroom

Bathroom Bedroom Half

Bath




TYPICAL THREE-BEDROOM FLOORPLAN

Kitchen Foyer

Great Room

Master Bedroom

Bedroom

Main Level

Second Level

Bathroom

Master Bathroom

Bat

hro

om

Bedroom

Patio

Patio




TYPICAL FOUR-BEDROOM FLOORPLAN

Kitchen

Foyer

Great Room Master

Bedroom

Bedroom

Master Bathroom

Bathroom

Hal

f Bat

h

Main Level

Second Level

Bath

room

Bat

hro

om

Gallery

Bedroom

Bedroom

Open to below

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