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olorado’s premier golf & club experience.

Foursome Cabins 18th Green ■

Four premier homes within walking distance to the clubhouse, practice facility, Hole #1 and Hole #18 Uniquely designed with 4 master suites and the highest level finishes Enjoy vaulted ceilings, exposed timber, expansive windows, stone surround gas fireplaces and several patios An open floor plan averaging 4,200 SF is ideal for 4 golfers, 4 couples or large family gatherings Priced from $1,615,000 to $1,999,000 Fully Furnished

The 11th Hole Award Winning Golf ■

An award winning, Greg Norman designed course with dramatic Cimarron and Sneffels Range views Each hole has multiple tee boxes with the championship tees presenting a challenging length of 7,900 yards Practice makes perfect with the professionally designed driving range and practice facility or take a lesson with the in-house Pro Accolades include “#1 Best New Private Course in the U.S.” - Golf Magazine 2009

Obtain the Property Report required by Federal Law and read it before signing anything. No Federal agency has judged the merits or value, if any, of this property. WARNING: THE CALIFORNIA DEPARTMENT OF REAL ESTATE HAS NOT INSPECTED, EXAMINED OR QUALIFIED THIS OFFERING. This is not intended to be an offer to sell nor a solicitation of offers to buy real estate by residents of HI, ID, OR or SC, or any other jurisdiction where prohibited by law. The Property is registered with HUD and the Massachusetts Board

The Clubhouse A place to convene ■

A warm and welcoming clubhouse with attentive staff will provide impeccable service whether in the Grill or the Village Mercantile The open dinning terrace overlooks the fishing pond Steps from the clubhouse are teepees and the Crazy Coyote Pond allowing for wading, fishing, kayaking, playing and relaxing Chock full of large rainbow trout, the ponds at Cornerstone are a fly fisherman’s dream

Vacant Homesteads

Extraordinary opportunities ■

A limited time offering in the Summer of 2010 for 10 homesteads including golf club memberships The 10 lots vary in size from .30 to 20.7 acres Choose from proximity to the clubhouse, practice facility and 1st tee box to estate sized lots situated among serene aspen or breathtaking view lots Unique opportunity to acquire a golf membership with these 10 select lots These 10 lots priced from $165,000 to $395,000

of Registration of Real Estate Brokers and Salesmen. The address of HUD is 451 Seventh Street, S.W., Room 9146, Washington DC 20410 and the address of the Board is 239 Causeway Street, Fifth Floor, Boston, MA 02114. This offer is made pursuant to New York State Department of Law’s simplified procedure for Homeowners Associations with a DeMinimis Cooperative Interest (CPS-7). The CPS-7 application (File No. HO06-0005) and related documents may be obtained from the sponsor.

Stephen Cieciuch (Chet-chu), Managing Broker | | 970.369.5322, Direct | 970.708.2338, Cell 237 South Oak Street | Telluride, Colorado 81435 |

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