Desert Color

Fractional Ownership is becoming very popular in Utah and real estate. It can be described as shared ownership or partnership within a group for a property to be intended for vacation or resort-style homeownership. This way of owning allows for each buyer to have rights of use for a certain dedicated time and an equal share of value. Generally, the group has a management and maintenance company that is hands-on with all matters, leaving all the co-owners relaxing at their second home.

The greatest factor of fractional ownership is the ease to enjoy a vacation home without the financial hardship of privately taking it on yourself, but unlike a timeshare, you have an asset.

There are many ways to create a group of buyers and users for ownership. This can be done by a Realtor, the seller themselves, or even Family and friends.

You can’t short-term rent fractional ownership homes, and they require that you own it for 6 months before you are allowed to sell it. A lot of cities especially in Utah and southern Utah are getting rid of the ability to short-term rent. 30 days +/- are the rental terms in St. George city. It’s a good idea to talk to the city about their short-term rental rules. Most fractional ownership is generally single-family homes because HOA’s have issues with fractional ownership.

When it comes to the financing options or requirements for fractional ownership, for lenders to qualify the home all buyers on the title must all be on the loan together for that to work. Otherwise, it must be a cash deal. Another way some lenders may finance your share is if it is under an LLC this way each owner owns part of the company.

The reason to buy fractional ownership versus a timeshare or the financial hardship of single owning a property is if the price is too high or the idea of a timeshare seems like a hassle for the amount you plan to use, then fractional ownership is the right choice for you.

Pros of fractional ownership 

Shared cost of the home, fees, management, bills, and no short-term rental tax. You have the ability to own a luxury home at a fraction of the cost.  

Cons of fractional ownership

No short-term renting is allowed; has to be single-family residences because many HOA’s don’t allow fractional ownership for condos and townhomes. Sometimes it may be tough to resell. Challenges may arise amongst owners on collaborating usage and timing.

Utah Fractional Ownership Homes For Sale

All active fractional ownership homes for sale in Utah. Split the cost of your vacation home with other people in all the top Utah cities.

2029 W TOLLGATE RD, Coalville UT 84017

2029 W TOLLGATE RD
Coalville UT 84017

Owners love the property and are happy to keep up to half ownership if buying as little as 25% of the property as a fractional ownership is desirable. The liste...

  • 2404 Sq Ft

  • 5

  • 2

  • 5

$1,199,900

1343 N TRAPPER LOOP #T24, Garden City UT 84028

1343 N TRAPPER LOOP #T24
Garden City UT 84028

SPRING FLASH SALE - Swan Creek A Fractional Ownership Lakeside Retreat. Experience the Benefits of 1/8 Fractional Ownership at Swan Creek, Where 45 Nights a Ye...

  • 4296 Sq Ft

  • 6

  • 4

  • 2

$139,900

10.1k

660 N LOCHWOOD DR ##69, Garden City UT 84028

660 N LOCHWOOD DR ##69
Garden City UT 84028

Discover this stunning, like-new home in the heart of Garden City-just minutes from the breathtaking shores of Bear Lake! Nestled in a vibrant and growing neigh...

  • 3019 Sq Ft

  • 6

  • 5

  • 2

$419,999

1691 N PALO VERDE DR, St George UT 84770

1691 N PALO VERDE DR
St George UT 84770

Experience Fractional Ownership in St. George. Own a piece of paradise in the heart of St. George with this exclusive fractional ownership opportunity, perfect...

  • 2498 Sq Ft

  • 4

  • 3

  • 3

$135,000

40.0k

824 S LAKEVIEW DR, Garden City UT 84028

824 S LAKEVIEW DR
Garden City UT 84028

Owners Just improved the yard and driveway in May! They love the property and are happy to keep up to half ownership if buying as little as 25% of the property ...

  • 5994 Sq Ft

  • 7

  • 5

  • 2

$1,224,999

25.0k

2908 HILLS RIDGE RD #12, Park City UT 84098

2908 HILLS RIDGE RD #12
Park City UT 84098

Welcome to Sage Hills Estates! Nestled in the foothills of The Hills, Promontorys new par 3 18-hole golf course surrounded by majestic mountain views, this neig...

  • 5098 Sq Ft

  • 5

  • 7

  • 2

$5,375,000

2176 S BEAR LAKE BLVD #452, Garden City UT 84028

2176 S BEAR LAKE BLVD #452
Garden City UT 84028

Fractional ownership 1/13th. Four weeks per year - one assigned each season. This is a deeded property with insured title. It includes ownership interest in ...

  • 1604 Sq Ft

  • 2

  • 2

$36,000

4.0k

798 N 800 W #8, Midway UT 84049

798 N 800 W #8
Midway UT 84049

1/8th Fractional Ownership of a Mountain Retreat with Year-Round Adventure! Discover the perfect alpine escape in this stunning 2-bedroom, 2-bathroom condo nest...

  • 1326 Sq Ft

  • 2

  • 2

  • 2

$70,000

231 S EDISON ST #1, Salt Lake City UT 84111

231 S EDISON ST #1
Salt Lake City UT 84111

Step into refined city living at its finest in this impeccably updated residence at Warhol Lofts-a rare opportunity to own a spacious, two-level loft that blend...

  • 1728 Sq Ft

  • 2

  • 2

$1,000,000

50.0k

162 HAWKSBEARD CIR #48, Fish Haven ID 83287

162 HAWKSBEARD CIR #48
Fish Haven ID 83287

This luxury lake home in the Reserve Community at Bear Lake is incredible, with its stunning features and ample space, it makes it the perfect retreat for those...

  • 4759 Sq Ft

  • 6

  • 4

  • 2

$349,000

40.5k

3084 HILLS RIDGE RD #8, Park City UT 84098

3084 HILLS RIDGE RD #8
Park City UT 84098

Welcome to Sage Hills Estates! Experience an exquisite lifestyle that few have access to - Welcome to Sage Hills Estates! Nestled in the foothills of The Hills,...

  • 5476 Sq Ft

  • 4

  • 6

  • 2

$5,520,000

2944 HILLS RIDGE RD #10, Park City UT 84098

2944 HILLS RIDGE RD #10
Park City UT 84098

Welcome to Sage Hills Estates! Nestled in the foothills of The Hills, Promontorys new par 3 18-hole golf course surrounded by majestic mountain views, this neig...

  • 5098 Sq Ft

  • 5

  • 7

  • 2

$5,275,000

3961 S 1100 W, Hurricane UT 84737

3961 S 1100 W
Hurricane UT 84737

Home sold in 1/8th Fractional Ownership Shares. La Hacienda is gorgeous inside and out, and sits on over 10 private acres. It was also a Parade of Homes in 2022...

  • 6254 Sq Ft

  • 6

  • 7

  • 4

$679,550

3855 GRAND SUMMIT DR #214 Q3, Park City UT 84098

3855 GRAND SUMMIT DR #214 Q3
Park City UT 84098

Spacious 2 bedroom/2 bathroom condo at the Grand Summit with a great second floor location with easy access to the Resort Village. Fully remodeled in 2017, with...

  • 1182 Sq Ft

  • 2

  • 2

  • 1

$349,000

5823 GOLF CLUB LINK, Park City UT 84098

5823 GOLF CLUB LINK
Park City UT 84098

Big Golf and Mountain Views & Available Golf Membership - Vista Point custom homesite neighborhood with great views of the Nicklaus Painted Valley Golf Course a...

  • 4792 Sq Ft

  • 5

  • 6

$5,685,000

6393  PAINTED VALLEY PASS, Park City UT 84098

6393 PAINTED VALLEY PASS
Park City UT 84098

Promontory Custom Lot with Full Golf Membership Available - Located above the signature Nicklaus Painted Valley Course, this lot is the perfect place to build y...

  • 1.01 Acres

$1,500,000

7457 E STARDUST CT #311B, Heber City UT 84032

7457 E STARDUST CT #311B
Heber City UT 84032

Enjoy Victory Ranch and the ease of ownership with this 1/8th Fractional Ownership in this stunning Kestrel Cabin at the Residence Club at Victory. Fractional ...

  • 1495 Sq Ft

  • 3

  • 3

  • 2

$475,000

20.0k

5812  DOUBLE DEER DR, Park City UT 84098

5812 DOUBLE DEER DR
Park City UT 84098

Big Golf and Mountain Views & Available Golf Membership - Promontory Development is excited to announce the release of Vista Point, its newest custom homesite n...

  • 1.01 Acres

$1,600,000

88 S BEAR LAKE BLVD #C301Q3, Garden City UT 84028

88 S BEAR LAKE BLVD #C301Q3
Garden City UT 84028

Now, Taking Reservations! Enjoy Waters Edge Resort and the ease of ownership with this 1/4th Fractional Ownership in this stunning waterfront hotel condo resort...

  • 1635 Sq Ft

  • 3

  • 3

$250,000

NEW - 60 HOUR AGO
2836 S 2300 CIR, St George UT 84790

2836 S 2300 CIR
St George UT 84790

Welcome to the Ultimate Family Retreat-a European-inspired castle where timeless design meets modern comfort. This extraordinary estate is being offered as a fr...

  • 15906 Sq Ft

  • 8

  • 12

  • 11

$950,000

5509 S COPPER PEARL LN, St George UT 84790

5509 S COPPER PEARL LN
St George UT 84790

Welcome to Golden Shores-Sold in 1/8th Fractional Ownership Shares. Vacation or nightly rent our your nights. This ultra-luxurious beachfront retreat positioned...

  • 8082 Sq Ft

  • 8

  • 13

  • 3

$724,570

3611 LINKS VIEW LN #32, Park City UT 84098

3611 LINKS VIEW LN #32
Park City UT 84098

VILLAS AT VISTA POINT - The Villas at Vista Point are nestled in the scenic Painted Valley area of the Nicklaus Golf Course. Our initial release comprises five ...

  • 2756 Sq Ft

  • 4

  • 4

  • 2

$3,623,000

3244 RANGE CT, Park City UT 84098

3244 RANGE CT
Park City UT 84098

Modern Masterpiece in Promontorys The Gallery - Full Golf Membership Available! This absolutely gorgeous homesite looks over the Pete Dye Golf Course with stun...

  • 3626 Sq Ft

  • 4

  • 6

  • 2

$5,025,000

6849  PAINTED VALLEY PASS, Park City UT 84098

6849 PAINTED VALLEY PASS
Park City UT 84098

Promontory Custom Homesite with Full Golf Membership Available - Located above the signature Nicklaus Painted Valley Course, this lot is the perfect place to bu...

  • 1.43 Acres

$1,050,000

2584 S COUNTRY CLUB DR #12, Garden City UT 84028

2584 S COUNTRY CLUB DR #12
Garden City UT 84028

Clear Blue skies and Beautiful views of Blue Bear Lake. Fractional Ownership with 8 Shares available, giving you time once a month. Great Location accessible Y...

  • 3754 Sq Ft

  • 6

  • 4

  • 1

$189,900

460 E BIG DUTCH DR, Heber City UT 84032

460 E BIG DUTCH DR
Heber City UT 84032

Sold in 1/8th Fractional Ownership shares. Discover the ultimate blend of elegance and outdoor excitement in this incredible luxury home located near Park City,...

  • 5709 Sq Ft

  • 5

  • 7

  • 3

$640,108

2926 HILLS RIDGE RD #11, Park City UT 84098

2926 HILLS RIDGE RD #11
Park City UT 84098

Welcome to Sage Hills Estates! Nestled in the foothills of The Hills, Promontorys new par 3 18-hole golf course surrounded by majestic mountain views, this neig...

  • 4792 Sq Ft

  • 5

  • 6

  • 2

$5,225,000

88 S BEAR LAKE BLVD #C301Q2, Garden City UT 84028

88 S BEAR LAKE BLVD #C301Q2
Garden City UT 84028

Now, Taking Reservations! Enjoy Waters Edge Resort and the ease of ownership with this 1/4th Fractional Ownership in this stunning waterfront hotel condo resort...

  • 1635 Sq Ft

  • 3

  • 3

$240,000

2670 CANYONS RESORT DR #323, Park City UT 84098

2670 CANYONS RESORT DR #323
Park City UT 84098

Own an amazing property in the heart of Park Citys Canyon Village for under $400k, and its NOT a fractional ownership property! YotelPad is a resort that has a...

  • 338 Sq Ft

  • 1

  • 1

$380,000

2002 W DOTTEREL CIR, Heber City UT 84032

2002 W DOTTEREL CIR
Heber City UT 84032

Now Selling one 1/8 ownership of this home. Come see a smarter way to own a vacation home. Enjoy spectacular views and luxurious finishes in this professionally...

  • 3243 Sq Ft

  • 4

  • 6

  • 2

$319,000

6777 WHITE DOVE WAY, Park City UT 84098

6777 WHITE DOVE WAY
Park City UT 84098

Welcome to Sage Hills Estates! Nestled in the foothills of The Hills, Promontorys new par 3 18-hole golf course surrounded by majestic mountain views, this neig...

  • 4792 Sq Ft

  • 5

  • 6

  • 2

$4,925,000

50.0k

3081  DAYDREAM CT, Park City UT 84098

3081 DAYDREAM CT
Park City UT 84098

Experience Luxury In Your Promontory Mountain Estate- Golf Membership Available - Welcome to the best address in Park City. Welcome to Pinnacle at Promontory. S...

  • 2.49 Acres

$5,800,000

3549 LINKS VIEW LN, Park City UT 84098

3549 LINKS VIEW LN
Park City UT 84098

VILLAS AT VISTA POINT - The Villas at Vista Point are nestled in the scenic Painted Valley area of the Nicklaus Golf Course. Our initial release comprises five ...

  • 2741 Sq Ft

  • 4

  • 4

  • 2

$3,478,000

88 S BEAR LAKE BLVD #C402Q4, Garden City UT 84028

88 S BEAR LAKE BLVD #C402Q4
Garden City UT 84028

Now, Taking Reservations! Enjoy Waters Edge Resort and the ease of ownership with this 1/4th Fractional Ownership in this stunning waterfront hotel condo resort...

  • 1635 Sq Ft

  • 3

  • 3

$257,000

3172 WAPITI CANYON RD, Park City UT 84098

3172 WAPITI CANYON RD
Park City UT 84098

The Pinnacle of Promontory - Full Golf Membership Available - The 28 Portfolio homesites in Pinnacle offer stunning customizable homes from three celebrated arc...

  • 6050 Sq Ft

  • 4

  • 6

  • 4

$8,224,000

3095  DAYDREAM CT, Park City UT 84098

3095 DAYDREAM CT
Park City UT 84098

Experience Luxury In Your Promontory Mountain Estate- Golf Membership Available - Welcome to the best address in Park City. Welcome to Pinnacle at Promontory. S...

  • 5.03 Acres

$5,400,000

3855 GRAND SUMMIT DR #701 Q3, Park City UT 84098

3855 GRAND SUMMIT DR #701 Q3
Park City UT 84098

This spacious two story penthouse residence offers plenty of breathing room with three large bedrooms, a loft with a plush sofa sleeper, four bathrooms, three ...

  • 2470 Sq Ft

  • 3

  • 2

  • 1

$875,000

6237  PAINTED VALLEY PASS, Park City UT 84098

6237 PAINTED VALLEY PASS
Park City UT 84098

Big Golf Course Views & Available Golf Memberships - The Fairways features custom homesites averaging over 1 acres in size. These beautiful homesites are locate...

  • 1.31 Acres

$1,300,000

3569 LINKS VIEW LN #30, Park City UT 84098

3569 LINKS VIEW LN #30
Park City UT 84098

VILLAS AT VISTA POINT - The Villas at Vista Point are nestled in the scenic Painted Valley area of the Nicklaus Golf Course. Our initial release comprises five ...

  • 2816 Sq Ft

  • 4

  • 4

  • 2

$3,456,000

470 E BOULDERVILLE RD, Oakley UT 84055

470 E BOULDERVILLE RD
Oakley UT 84055

Tatanka ranch is building new Ranch Homes, on 10+ acres of horse pastuee property. 1/8th Fractional Ownership allows your family a place to meld with the Wester...

  • 9.96 Acres

$1,250,000