Cabin on the Cliff
1 of 8
shares taken / 7 available shares$2,850,000
home price
$356,250
cost per share
$742 / mo
estimated costs
$0 / mo
monthly income
|
CASH AT CLOSING PER SHARE
|
|
Down Payment
$71,250
|
|
Closing Cost
$32,663
|
|
Reserve Fund Deposit
$10,688
|
|
Total Cash at Closing
$388,913
|
Details
🌲 Possum Kingdom Lake
Luxury Timber-Frame Co-Ownership for Families & Friends
Now available on PlumMarketplace
This stunning 2023 new-build is being offered for co-ownership by the builder and 100% current owner—exclusively for buyers who value high-end design, structured ownership, and meaningful time with family.
Set in a quiet cove on Possum Kingdom Lake, the property blends rustic elegance with thoughtful functionality. The timber-frame main home sleeps 15 and comes fully furnished, with a heated/cooled barn and bunkhouse designed for four-season use. A private UTV is included, making lakeside access fun and convenient.
🔑 What’s Included
• Fully furnished & operational — just show up
• Sleeps 15: 9 in the main house, 6 in the barn bunkhouse
• Timber-frame construction with luxury finishes
• Heated/cooled barn and bunkhouse for versatile use
• Private UTV for owner convenience
• Cocktail pool for relaxing and entertaining
• Located in a gated community
• Lake access within 1/4 mile
• Future boat slip potential
• Managed entirely through Plum — scheduling, expenses, and documents in one place
🙌 Who It’s For
This home is intended for like-minded co-owners, not short-term renters. It’s perfect for professionals seeking a retreat to share with family and close friends. No STRs—just shared ownership, shared memories.
📱 Listed and managed on PlumMarketplace, with all usage, docs, and payments synced via PlumConnect.
House Usage
- 8 shares total
- 6 weeks a year per share
About the Organizer
Texas Tech graduate with a life long journey in commercial and residential construction, real estate development. One son, Texas Tech, baseball player (currently with a professional team). One daughter currently finishing PT school at Texas Tech. We will retain 1 share in the home and will primarily want to use the home in the off season, October through Janaury. We look forward to sharing this beautiful property on the Plum platform.
Amenities
- Fire place
- Game room
- Hot tub
- Pool
- Porch
- Waterfront
House Rules
- Only dogs allowed
- No firearms allowed
- No short term renting
Ask A Question
Calculated Costs per Share
|
CASH AT CLOSING PER SHARE
|
|
Down Payment
$71,250
|
|
Closing Cost
$32,663
|
|
Reserve Fund Deposit
$10,688
|
|
Total Cash at Closing
$388,913
|
|
ESTIMATED MONTHLY EXPENSES PER SHARE
|
|
Insurance/Taxes
$465
|
|
Repairs
$26
|
|
Maintenance
$76
|
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Utilities
$125
|
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Plum Subscription
$50
|
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Total Expenses
$742
|