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If leisurely days spent on the shores of one of America's most famous lakes is your idea of paradise, you're in good company. According to Utah.com, nearly 3 million people visit Lake Powell with 1 million of those going out on the lake each year.
You probably also know that renting a houseboat — or a hotel room — in the area adds up very quickly. But if you just can't shake the lake, there's a new opportunity coming available for anyone dreaming of owning a vacation home near the red rock shores of Lake Powell.
Convenience, safety and comfort are the best parts. Slip your boat at Antelope Marina or park at a pre-arranged secure storage facility, avoid the frequent storms on the lake, and relax in your own spacious townhome.
A unique ownership model
A new townhome development, The Cliffs at Lake Powell, is offering a cost-effective and luxurious alternative to traditional houseboat ownership. For just $87,000, potential buyers can secure 40 days per year of ownership in modern townhomes, nestled in the heart of red rock country in Page, Arizona.
Having opened its first units in December 2023, The Cliffs at Lake Powell presents a unique blend of affordability, luxury and convenience. Each co-ownership provides co-owners with 10 fixed days and 30 floating days annually. This flexible arrangement also allows owners to rent out the townhome during their unused days. This provides not just a vacation opportunity, but a potential income source as well. Your money is invested in real estate instead of a depreciating asset like a houseboat.
The Cliffs at Lake Powell stands as a financially attractive alternative to other Powell options for ownership. For example, purchasing a seven-day new houseboat share during peak season can cost you between $249,000 and $525,000, based on the average current market rates.
Prime real estate
Strategically located within walking distance from downtown Page, The Cliffs at Lake Powell offers easy access to local amenities, including shops, grocery stores, bars and restaurants.
The development includes 36 units among both four-plexes and duplexes. Each unit is thoughtfully designed and features three bedrooms, two and a half bathrooms and spans 1,513 square feet.
The interior design boasts upper-end finishes like quartz countertops in kitchens and bathrooms, a mix of laminate plank floors, ceramic tile and carpet, as well as upgraded cabinets and tile backsplash. Each unit comes fully furnished, ensuring a hassle-free, move-in-ready experience for owners and renters alike.
The townhome development sits a mere 8-mile drive from Wahweap Marina, offering easy access for days of enjoyment on the lake. Additionally, its proximity to natural wonders like Antelope Canyon, White Pocket, The Wave and several national parks makes it an ideal spot for those seeking both relaxation and adventure. This makes The Cliffs at Lake Powell not just a place to stay, but a launchpad for exploring some of the most stunning landscapes in the American Southwest.
A strategic investment
Moreover, the real estate market in Page, Arizona, is particularly attractive for short-term rentals, with the townhomes at The Cliffs being zoned accordingly. This offers a lucrative opportunity for investors or owners looking to generate side income.
The town's status as a top market for vacation rentals — because of its proximity to national parks and its appeal to international tourists — adds to the allure of this investment.
If Lake Powell is on your short-list of prime vacation spots, it might be time to dip your toes a little further into those warm waters. Not only can co-owners live out their vacation dreams, but an investment in the development also presents a potential avenue for financial returns through rental income.
With its strategic location, exquisite design, and flexible ownership model, The Cliffs at Lake Powell is poised to become a sought-after destination for both vacationers and investors alike. As the initial units are set to be completed soon, you'll want to hurry to secure your own slice of heaven at Lake Powell. To find out more, visit The Cliffs at Lake Powell.
