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Description: Sunrise Peak - the largest luxury houseboat company on Lake Powell. Sunrise Peak was the first shared- ownership company to operate at Lake Powell and have been putting boats on the lake since 1989. They were proud to launch the 100th boat at Lake Powell in June of 2005 and continue to offer what they believe is the best houseboating experience available at a price that most families or businesses can easily afford.
Lake Powell Houseboat would typically have two alternatives: Buy a houseboat or rent a houseboat from a concessionaire on the lake. With the cost of a houseboat ranging from $100,000 to $1,000,000 along with additional annual maintenance and storage costs of approximately $30K, most folks cannot afford to commit that much money to one vacation option. Renting a houseboat, while much more cost effective for a one-time trip at $5,000 to $10,000 for one week, will usually provide a boat that is well below the quality and luxury expected by most groups. Shared ownership fills the gap between the two options and provides a cost-effective way to have access to a boat that is more luxurious and offers more amenities than a rental boat at a fraction of the cost of owning your own houseboat.
When you purchase a share in a luxury houseboat, you are buying stock in a small, private corporation. Your stock represents a percentage ownership in the corporation and makes you responsible for the same percentage of costs associated with the houseboat. The benefit is that those costs are shared among a limited number of owners, providing a very affordable alternative to either renting or owning your own houseboat.