$250K for parking -- and it's not even year-round

This Sun Valley story comes from the NY Times:

In Ketchum buying a condo at the Edelweiss has become known as purchasing a "ski locker." Such "lockers" sell for $250,000 and up, and are not for sleeping in. They are for parking in front of and then walking away from, toward the powder.

"It's the same old story," said Mickey Garcia, a shuttle-bus driver who stops directly opposite the coveted Edelweiss parking spots and would happily deliver the wealthy to the lift free, were they willing to drive from their multimillion-dollar mansions elsewhere in the valley to the park-and-ride lot and spend eight minutes on the crowded bus with other skiers. "The rich are getting richer, and the rich are willing to pay for their convenience," Mr. Garcia said.

Don't know what the taxes and upkeep are like, but the condos might not be a bad investment, especially if they could be rented out during the off season. Not that I'm rushing out to buy one -- I'd rather just have my driver drop me off.

Posted by David on January 8, 2005 6:47 PM