Pacaso is redefining the vacation home market with its co-ownership model, offering affluent buyers an opportunity to purchase one-eighth shares in high-end properties. According to Coldwell Banker’s 2024 trend report, By 2025, 40% of Americans intend to acquire second or third residences, with a significant number of them choosing co-ownership as a means of alleviating the financial and maintenance responsibilities. Pacaso's newly launched Estate Collection includes luxurious, fully furnished homes in sought-after locations like Malibu, Aspen, Napa, Jackson Hole, and Cabo San Lucas. These properties, priced starting at $1 million per share, come with extensive amenities and are managed entirely by Pacaso, providing a hassle-free ownership experience.
The Estate Collection features meticulously designed homes, such as the Infinite Road home in Napa, set on 10 acres with modern finishes and spectacular vineyard views. Other notable properties include the Bennett Home in Napa, Hillside Home in Carmel, and Harvest Ridge in Jackson. Each home offers unique amenities like swimming pools, outdoor kitchens, private gyms, and home theaters. Pacaso’s model appeals to luxury buyers who seek the convenience of owning a vacation home without the challenges of maintenance and design. As CEO Austin Allison notes, co-ownership provides a chance to own in competitive markets with high demand and low inventory.
