One month after announcing its pending sale, local luxury vacation company Inspirato must contend with a half-million-dollar negligence lawsuit from an Eagle County homeowner.
MJM Real Estate Investments, a Nashville, Tennessee-based company, owns 2115 Cresta Road in Edwards, a ski-in/ski-out house by the Beaver Creek Resort. The 9,000-square-foot house has six bedrooms and eight bathrooms.
“By any measure, (it) must be considered a premier vacation property,” MJM’s lawsuit says.
MJM began leasing the house to Inspirato in May 2021 with the understanding that the Denver company would pay rent each month and also keep the property in its same condition, normal wear and tear aside. But problems reportedly emerged almost immediately.
“Inspirato represented that it possessed the capital, staff and expertise to maintain a luxury property like Cresta Road,” according to MJM’s lawsuit, filed on New Year’s Eve. “Just a few months after signing the lease, MJM began to realize that Inspirato lacked all three.”
The house on Cresta Road was consistently rented, allowing Inspirato to defer maintenance and “maximize profits,” according to MJM. Repairs and renovations that were made were done shoddily and with discount materials, “creating a cheap patchwork effect,” MJM says.
The homeowner blames a “revolving door of personnel at Inspirato, most of whom lacked the knowledge and expertise to manage a luxury property.” The home in Edwards had a half-dozen property managers between September 2021 and February 2024, according to MJM.
MJM initially planned to end its lease with Inspirato in early 2024 but “yet another new property manager” persuaded it to stay on. In August 2025, MJM finally terminated the lease. It accuses Inspirato of then withholding rent payments for July and August in response.
“Returning Cresta Road to its pre-lease condition will cost in excess of $500,000,” according to last month’s lawsuit. MJM wants Inspirato to cover that, and pay the summer rents.
“We believe the claims are without merit,” Inspirato said in an emailed statement. “While we cannot comment on pending litigation, we intend to vigorously defend ourselves.”
MJM’s lawyers are Leah Capritta and Lilly Lentz with the Denver office of Buchalter.
“MJM cannot comment on any of the particulars of the case at this time,” it said when asked about the lawsuit. “However, as shown in the complaint, MJM found Inspirato difficult to work with and, unfortunately, Inspirato’s stewardship never measured up to its promises.”
Capritta and Lentz are also representing MJM in a lawsuit regarding apartments at 4923 King St., near Regis University. MJM, which owns that building, accuses its developer of misleading MJM about the condition of the apartments and Regis’ lease before a $17 million sale.
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