The base of Ajax Mountain is Aspen’s social hub, where you can catch the Silver Queen gondola to the slopes, share a plate of truffle fries at the Ajax Tavern, or vie for space at the Little Nell’s bar. The only ski-in/ski-out resort in Aspen, the 92-room Little Nell is as luxurious as it is lively and convenient, and is deserving of its reputation for being the area’s best place to stay. Now, since introducing its new fractional-ownership program in summer 2005, the Little Nell has become the best place to buy.
Currently under construction at the former site of the Tippler Hotel (a hot spot in its day), the Residences at the Little Nell will be just a few ski-boot strides away from the resort. The development will consist of 26 furnished three- and four-bedroom units, averaging 2,800 and 3,800 square feet, respectively. They will be the largest fractional-ownership residences in town and, at $1.425 million to $2.25 million per share, the most expensive in the industry.
Each share at the Little Nell includes six weeks per year, plus additional time on a space-available basis for a fee. Owners who cannot use their allotted weeks can send family members or friends in their places or put their residences into the rental program and split the profits with the hotel. Annual dues for the program begin at about $18,000.
Fractional owners at the Little Nell will enjoy 24-hour concierge and room service, fitness and business centers, climate-controlled storage (including space for wine), and a rooftop outfitted with an infinity-edge pool and jetted spas. Designed by Wilson & Associates, the units’ interiors promise to rival those of the finest Aspen homes, with stacked-stone fireplaces; furnishings covered with leather, tweed, velvet, and the occasional cashmere throw; and a mix of paintings and crafts by local artists. When the units are complete, owners will have the option of joining the regular crowd at the resort’s bar or other facilities, or they can head to the new restaurant, bar, and deck at the Residences, which is sure to become a scene of its own.
The Residences at the Little Nell