Sutherland Crossing, Crystal Beach (RCI #0934) --- aftermath of it closing down?

theo · Jan 28, 2015

I had never been there, but I clearly recall that this timeshare facility "closed its' doors" a very few years ago now. I never heard another word about it thereafter.

Just curious --- any former Sutherland Crosssing owners here on TUG who might be willing to share their first hand knowledge and description of the process and the aftermath (and the personal financial benefit or loss) of this timeshare facility just closing down permanently with relatively little advance notice? :shrug:

theo · Jan 31, 2015

Bumping up --- no one?

silentg · Feb 3, 2015

I heard it was bought by Church of Scientology. My parents stayed at Sutherland Crossings back in the 90's. It was a unique timeshare, located in a bird sanctuary, each unit was separate up on stilts, parking was under the unit. Retro furnature on a Lake. We visited them there, was not near anything, except I remember a very large bike trail that my daughter and I rode bikes on.
TerryC

buzglyd · Feb 3, 2015

Church of Scientology?

The timeshare buildings are being torn down and private homes are going up. It's an awesome property and had outlived its timeshare life.

theo · Feb 4, 2015

buzglyd said:
The timeshare buildings are being torn down and private homes are going up. It's an awesome property and had outlived its timeshare life.

No news flash there; this was clearly the fate of the somewhat secluded property after the place folded. My real interest / question was not about that obvious and inevitable fate, but instead how actual timeshare owners there may have fared financially when the place folded. It would seem that any and all owners at the time of dissolution had a financial stake / interest, so I was just curious about direct financial impact on owners who were "in" at the time of dissolution. :shrug:

b2bailey · Feb 4, 2015

Theo, this is of interest to me because I am an owner at a resort that fell into mismanagement and is now for sale:

http://www.loopnet.com/xNet/MainSite/Listing/Profile/Profile.aspx?LID=18605351

I keep wondering how they will ever sort this all out. BTW, the price for the entire place isn't too bad by California standards. 1.5 million for 12 units.

buzglyd · Feb 4, 2015

theo said:
No news flash there; this was clearly the fate of the somewhat secluded property after the place folded. My real interest / question was not about that obvious and inevitable fate, but instead how actual timeshare owners there may have fared financially when the place folded. It would seem that any and all owners at the time of dissolution had a financial stake / interest, so I was just curious about direct financial impact on owners who were "in" at the time of dissolution.

I don't know the answer to that one.

And a follow up would be do owners who were years and years past due on maint fees get a piece of the pie when the property sells?

Dori · Feb 4, 2015

When our beloved resort, Harbour Inn, in Ontario sold, each owner received a set amount. This depended on the size of the unit. We owned two weeks and it took about a year before we got our cheque. We were very happy with the amount we received.

Dori

buzglyd · Feb 4, 2015

Dori said:
When our beloved resort, Harbour Inn, in Ontario sold, each owner received a set amount. This depended on the size of the unit. We owned two weeks and it took about a year before we got our cheque. We were very happy with the amount we received.

Dori

The problem with some of these old resorts, the on time owners deserve their check but the guy who hasn't paid an assessment in 10 years wants his cut too.

silentg · Feb 20, 2015

Obviously, non of the timeshare owners at Sutherland are On TUG! The place was abandoned for a while. Then I heard ( on a tug post years ago) that the Church of Scientology had purchased the property. Now you say new homes are being built there? I wonder if it is still a bird sanctuary? Perhaps, a part of it will remain?

theo · Feb 21, 2015

Nope, not so...

silentg said:
Obviously, none of the timeshare owners at Sutherland are on TUG! The place was abandoned for a while. Then I heard (on a tug post years ago) that the Church of Scientology had purchased the property. <snip>

On the contrary, just a very few years ago I communicated directly (via PM) with a TUG member who owned at Sutherland Crossing. We even briefly discussed a rental.
Unfortunately, I did not save the PM exchange (or remember her TUG user name) or I would contact her directly to ask about the post-closing financial aftermath.

I am unaware of the Church of Scientology having ever been in that picture, even conversationally or momentarily. I have no clue where any such odd theory may have even originated.

Nancy · Feb 27, 2015

Sutherland Crossing

I have a friend that owned more than one unit there. I finally saw the friend and asked whether they had gotten anything for their units. As of now, they had not, but friend seemed hopeful that maybe they still might receive something.

Nancy

silentg · Feb 27, 2015

The Odd theory was in the newspaper and I also saw a thread here on TUG.

silentg · Feb 27, 2015

I found this on Sutherland
http://www.tstoday.com/members/magazine/issue129/cover.pdf

sarment · Feb 28, 2015

One of our Mexico Resorts Closed

Our resort in Mexico closed. That was it. It closed and no one has heard anything from them since.
http://www.tugbbs.com/forums/showthread.php?t=163207&highlight=cristalmar

Larry M · Feb 28, 2015

Forensics?

theo said:
On the contrary, just a very few years ago I communicated directly (via PM) with a TUG member who owned at Sutherland Crossing. We even briefly discussed a rental.
Unfortunately, I did not save the PM exchange (or remember her TUG user name) or I would contact her directly to ask about the post-closing financial aftermath.

I am unaware of the Church of Scientology having ever been in that picture, even conversationally or momentarily. I have no clue where any such odd theory may have even originated.

Well, I thought I could resolve this debate by looking up the deed history in the Riverside County Register of Deeds. or looking up the tax bill history in the Riverside County tax records. Here in North Carolina that information is public record, online, for everyone to see. (Send me a PM and I'll send you links to mine.)

But California is still in the Dark Ages. It seems you have to walk/mail to the office and pay a fee to get the records. :bawl:

Larry M · Feb 28, 2015

Post deleted

Sorry--was intending to post regarding Sutherland Crossing but looked up Azure Sky instead. Disregard this post.

massachu · Feb 28, 2015

Sutherland Crossing Resolution

Sutherland closed its doors when the dues-paying owners dwindled to about 225 of about 1500 unit weeks. Personally I had owned two units their since the early 1990's. Initially maintenance was about $550 per unit week. But maintenance submissions became spotty. The last assessment was $2500 per unit week and only that residual number was declared in good standing in the spring of 2013. The association had to approach the condominium and timeshare division of the state of Florida and get permission to dissolve. The association had over a million dollars in current liabilities and illiquid assets in the form of fifteen acres of land with infrastructure. The association worked to get releases from all owners of their deeds so that the property could be sold to a home developer.

So with court supervision, the association is winding up its affairs. After paying debts and legal expenses, the association will distribute the residual, of some two to three million dollars, to the members in good standing.

Harpswell · Mar 1, 2015

Sad End to a Wonderful Property

We bought into Sutherland Crossing relatively recently, and enjoyed two wonderful winter visits. The property was exquisite, with ospreys, several gopher tortoises, a great deal of open land between large and nicely made freestanding houses. I don't think there was any timeshare in Florida as nice. However, the organization failed to bridge the turnover from early owners to a new crowd, and many ownerships went unpaid. While I had hopes that we might have been able to interest the community in maintaining it as a park, the need to satisfy existing debts required development. The people organizing the sale have been working hard (existing owners who had not paid their assessments had to have formal foreclosure proceedings begun against them) and they recently announced that a sale had been completed and many debts discharged. A significant distribution accompanied the letter. While changing another piece of open coastal land to housing is not an entirely happy result, it seems likely that there will be a further distribution once issues regarding creditors and ownerships in arrears are fully resolved.
Our happy experience at Sutherland Crossing led us to buy a similar property in Sanibel, where we happily view nature from an elevated house that is ours all year long. No gopher tortoises, however.

WantingToTravel · Sep 11, 2017

We used Sutherland a number of times, really loved it.
Later we sold out as it went downhill.

So we missed out on the turmoil and the benefit of the significant distribution, and are curious what amount are we talking here ? $5,000 or $20,000 or $100,000 ?

We have no claim to any as we sold years ago, but would like to know.

Thanks.......

Harpswell said:
Sad End to a Wonderful Property

We bought into Sutherland Crossing relatively recently, and enjoyed two wonderful winter visits. The property was exquisite, with ospreys, several gopher tortoises, a great deal of open land between large and nicely made freestanding houses. I don't think there was any timeshare in Florida as nice. However, the organization failed to bridge the turnover from early owners to a new crowd, and many ownerships went unpaid. While I had hopes that we might have been able to interest the community in maintaining it as a park, the need to satisfy existing debts required development. The people organizing the sale have been working hard (existing owners who had not paid their assessments had to have formal foreclosure proceedings begun against them) and they recently announced that a sale had been completed and many debts discharged. A significant distribution accompanied the letter. While changing another piece of open coastal land to housing is not an entirely happy result, it seems likely that there will be a further distribution once issues regarding creditors and ownerships in arrears are fully resolved.
Our happy experience at Sutherland Crossing led us to buy a similar property in Sanibel, where we happily view nature from an elevated house that is ours all year long. No gopher tortoises, however.

Sutherland Crossing, Crystal Beach (RCI #0934) --- aftermath of it closing down?

theo

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theo

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silentg

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buzglyd

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b2bailey

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Dori

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