500 High W 10 Red River, NM 87558

VIDEO TOUR on YOUTUBE - Search "EDELWEISS CONDO UNIT 10" .. $8,000 closing cost credit available to buyer EDELWEISS #10 PROPERTY INFORMATION PROPERTY OVERVIEW Unit: EDELWEISS #10 Occupancy: 6 guests Parking: Dedicated parking space with drive-up access to patio door Flood Zone: Property is located in flood zone (flood insurance required for financing - approximately $1,200 annually) OWNERSHIP & IMPROVEMENTS Purchase Date: 2018 Major Renovations & Upgrades: 2020: Complete remodel including addition of 2 upstairs en-suite bathrooms 2022: Comprehensive lighting package with recessed lighting throughout and ceiling fans 2023: Installation of full-size washer and dryer; hot water heater replacement 2025: Downstairs ceiling tile installation PROPERTY FEATURES & AMENITIES Unit Features: Two king bedrooms with en-suite bathrooms Full kitchen with electric stove, dishwasher, and refrigerator Full-size washer and dryer Three televisions throughout unit Downstairs sofa converts to queen bed Common Area Amenities (1/24 ownership share): Heated pool open year-round in gated area Dry sauna facility Fire pits and flagstone courtyard areas Recently replaced grills (August 2025) Freshly painted building pods (April 2025) INCLUDED FURNISHINGS The unit is being sold fully furnished with: Two king beds with makeup vanities All appliances (washer/dryer, dishwasher, refrigerator, electric stove) Living room furniture including 2 recliners and convertible sofa (replaced 2022) Kitchen table and dining furniture Three televisions Seasonal decorations and Christmas items in designated storage areas All personal owner items have been removed - unit is move-in ready. ASSOCIATION MANAGEMENT Board Structure: President, Treasurer, and Secretary Right of First Refusal: Board notification required upon contract (price disclosure for market protection) Financial Requirements: Initial account setup: $1,000 (refundable upon sale) Required minimum account balance: $3,000 RENTAL PROGRAM & FINANCIALS Rental Management: Professional rental program through ResNexus booking system (no Airbnb or independent rentals permitted) Monthly Obligations (effective August 2025): Participating in rental program: $1,750/month + $99 per night rented Non-participating owners: $2,300/month Monthly fee includes: All utilities (electricity, gas, water), internet, DirecTV, insurance, snow removal, maintenance, housekeeping, property management, operations director salary, firewood, and all operational supplies Owner-paid services: Bed bug protectors, annual chimney cleaning, pest control, carpet and tile cleaning RECENT IMPROVEMENTS & MAINTENANCE Building exterior painting completed (April 2025) All grills replaced (August 2025) Deck staining scheduled (funds already collected in capital improvement fund) 25-year roof system in good condition Utilities: Units are not separately metered - all utilities included in association fees