How we estimated this 1/8 share price
We used market data to estimate the cost of turning this home into a Pacaso, which includes a full design makeover, LLC formation, and finding qualified owners.
|Purchase PriceWhole home: $12,500,000||$1,562,500|
|Upgrades, Taxes, and ClosingInterior design, furnishings, inspection, title & applicable taxes||$63,000|
|Pacaso Service FeeBuyer aggregation & legal||$194,500|
|Estimated 1/8 Ownership||$1,820,000|
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Make your move, on your terms
Whether you own a Pacaso or a whole second home, we make it easy to move or sell when you're ready.
Love co-ownership, but decide your Pacaso isn't the perfect fit? Forget buyer's remorse. Within your first year of ownership, you can transfer to another Pacaso that better suits your needs, hassle-free.
Time to move on? You can set your price, tap into our marketplace of buyers, and sell quickly and easily. On average, Pacaso listings resell in less than 12 days, with a 12% gain.
Own an amazing second home, but don't use it very often? Sell part of your home to Pacaso, and keep the amount of ownership that's right for you, from 1/8 to 1/2. Leave the management to us!
Understanding ownership costs
Know the bottom line before you buy. No hidden fees, no surprises, no monthly markups.
Courtesy of - Rochelle LeCavalier, Douglas Elliman
Whole home list price: $12,500,000
All listings are represented by licensed independent brokerages.
The Pacaso Home LLC has seven ownership interests available for purchase. Six ownership interests accounting for 1/8 ownership each. One ownership interest accounting for 1/4 ownership.