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Investors

Alabaster Estates is a premium outdoor wedding venue being built in the Front Range foothills of Jefferson County, Colorado — three monumental white-stone ceremony altars, each with its own private grounds, opening January 2027. Construction has not yet begun — we are raising the round that builds it.

Proof of Demand

$100 of ads. $53,375 in requested bookings.

As a market test, we spent about $100 on Instagram advertising. In about three days it produced 1,935 site visits from 1,758 unique visitors (97% mobile, average 1 minute 41 seconds on page) and five requested wedding bookings — logged offers ranging $5,500 to $10,000 and averaging $7,375 in venue fees, plus an estimated ~$3,300 each from our 15% outside-vendor fee.

Funnel metricResult
Ad spend (test)~$100
Site visits / unique visitors1,935 / 1,758
Requested bookings5
Requested revenue (venue + vendor fees)$53,375
Requested revenue per ad dollar~$530

We then stopped the advertising on purpose. We will not confirm a couple's date until construction has a firm completion date plus a grace period — nobody's wedding gets canceled, and this venue will not open its story with broken promises. Demand is proven; the focus now is construction and permitting. Since the test, our published prices have increased.

The Model

Three altars. Up to three celebrations at once. Almost no payroll.

Why the margins workDetail
Premium pricing$9,000–$15,000 peak weekends; three published seasonal tiers including a golden-aspen premium window
Three revenue streams per dateFull days, split days (140% of a day), and $3,000 elopements — three separated altars allow up to three celebrations at once
Vendor economicsCouples bring their own vendors; non-preferred vendors pay a flat 15% fee (~$3,300 per wedding observed)
Lean buildoutOpen-air venue: no ballroom to build, heat, or renovate
AI operationsScheduling, accounting, monitoring, and guest communication run on Claude — a large team's output at an estimated ~$700/month in API cost

Pro Forma

Illustrative first two years

 Year 1 (2027)Year 2 (2028)
Full-day weddings40 @ ~$8,000 avg — $320,00055 @ ~$8,300 avg — $456,500
Outside-vendor fees (15%)$132,000$187,000
Elopements ($3,000)25 — $75,00060 — $180,000
Alcohol liability fees ($500)$15,000$20,000
Revenue$542,000$843,500
Staff (one part-year assistant / tours)($23,000)($48,000)
AI operations (Claude API)($9,000)($12,000)
Insurance, grounds, snow, servicing($44,000)($56,000)
Marketing($12,000)($18,000)
Legal, accounting, software, misc.($18,000)($22,000)
Operating income (illustrative)~$436,000~$687,500

Illustrative projections, not a promise — before owner compensation, depreciation, taxes, and financing. Year 1 assumes a mid-range mix of our published 2027 rates (weekday $5,000 to Aspen Gold Saturday $15,000) at roughly one wedding per week plus fenced elopements. The $100-ad test suggests demand is not the constraint; construction timing is.

The Tax Angle

The depreciation advantage

Almost everything we intend to build is, in IRS terms, a land improvement15-year MACRS property (Asset Class 00.3, Rev. Proc. 87-56). IRS Publication 946 lists land improvements to include “sidewalks, roads, canals, waterways, drainage facilities, sewers… fences, and landscaping.” Our planned altars and landscape stonework, the artificial river, earth privacy ramparts, fencing, roads, parking, site lighting — and even the helicopter pad — are designed to be classified in exactly this category, confirmed by a formal cost-segregation study at build time. On the current build plan an estimated $1.1M+ of the budget is bonus-depreciation-eligible in year one, flowing to investors' K-1s (estimate pending final engineering and the cost-segregation study).

Under current law (the 2025 One Big Beautiful Bill Act), property with a recovery period of 20 years or less qualifies for permanent 100% bonus depreciation — deductible in the year placed in service, with no scheduled phase-out, flowing to investors on their K-1. We deliberately weight the budget toward bonus-eligible site improvements rather than conventional buildings.

Built for generations, depreciated by the book. IRS recovery periods are standardized tax categories — not lifespan predictions. We engineer the stonework to outlast all of us and depreciate it exactly as the code prescribes. Nothing clever, nothing gray: the right category, applied to the right assets, documented by professionals.

Sources: IRS Publication 946 (How To Depreciate Property); IRS guidance on first-year depreciation under the One Big Beautiful Bill Act (irs.gov/newsroom). This is not tax advice; investors should consult their own advisors — outcomes depend on final engineering, entity structure, and individual circumstances.

Operations

An AI-run estate with a human face

One part-time human handles tours, day-of presence, and upkeep checks. Everything else — scheduling, bookkeeping, guest communication, sensor and camera monitoring for fire, intrusion, and property care — runs on Claude (Anthropic's frontier model) via API, supervised by the founder. That is the margin story: a venue that operates like it has a staff of ten, at an estimated ~$700 a month in AI cost.

The helicopter pad is the same philosophy — and a profit center: a $750 landing fee per arrival, plus the 15% vendor fee on charters booked through outside operators. Roughly $15–20K of concrete and rebar that lets couples and VIP guests fly in from Denver — outsized exclusivity per dollar, and another 15-year site improvement.

Use of Funds

Raising up to $2.2M — land through opening day

AllocationEstimate
Land acquisition (Jefferson County parcel)~$500,000
Altars & landscape stonework (3 sites)~$400,000
Artificial river & earth privacy ramparts~$250,000
Water, septic, power~$200,000
Roads, parking (40 cars + buses), fencing~$150,000
Bathroom facilities (six restrooms)~$60,000
Three timber cabanas~$300,000
Dining theater & feast grounds~$150,000
Helicopter pad~$20,000
Permitting, engineering, cost-segregation study~$80,000
Contingency & working capital~$250,000

Estimates to be refined with final engineering; the mix intentionally favors bonus-depreciation-eligible site improvements over conventional structures. Depending on the final parcel, Colorado Enterprise Zone credits (including a 3% investment tax credit on qualifying equipment) may add state-level incentives — assessed with counsel once the site is under contract.

The Market

A $1.86B state market — and a product nobody else has

Colorado hosts roughly 46,700 weddings a year (~$1.86 billion market) and ranks among the top states for marriage rate. The venue is the largest single line in a wedding budget, and couples choose it for one thing above all: how the ceremony photographs. The estate sits strategically between the Denver metro and Colorado Springs — both within easy reach — with hotels nearby to house traveling guests. Front Range competitors sell barns, ballrooms, and golf courses at $6,000–$15,000 a Saturday — nobody sells monumental stone altars under open sky. Our $100 ad test suggests that difference converts.

Location & Expansion

Positioned between two metros — with room to grow

The estate sits in the Front Range foothills with easy access from both the Denver metro and Colorado Springs — two drawsheds, one venue — with hotels nearby to house guests driving in from farther out. Given how unusual the product is, we anticipate genuine out-of-state destination bookings: in markets like California this venue reads as both cheaper and unlike anything available locally — and the helicopter pad doesn't hurt.

The expansion path: the land we're targeting leaves room for on-site lodging — geodesic domes, A-frame cabins, or a single lodge building. The plan is to strategically reinvest a portion of second-year income into that build (roughly a six-month permitting process) before distributions — converting wedding demand into nightly-stay revenue on land we already own. A future decision, deliberately not in this raise.

Timeline & Risks

Eyes open, promises kept

MilestoneTarget
Conditional Use Permit confirmedfirst
All permits confirmed (septic, access, build)next
Land closing — only after the CUP is in handthen
Construction — opening date confirmed about halfway through2026–27
Bookings open (~6 months before completion); no date confirmed without a firm finish + grace periodpre-opening
First weddings — targeting 2027 peak season (summer/fall); spring possible2027

The honest risks: county permitting timelines, construction cost and weather delays, seasonality of an outdoor venue, and a single-founder operation in year one. Mountain winters can pause work — a January opening may slip weeks or months toward spring. The good news: most of our construction is quick, and we'll know the real timeline about six months out — in time to book the 2027 summer and fall peak season, which is where the revenue lives. Our mitigations are built into the plan — no date is confirmed before a firm completion date, winter carries discounted pricing rather than promises, contingency sits in the budget, and AI-run operations remove key-person load from day-to-day logistics.

Future Revenue

The land holds a second business

We expect out-of-state destination bookings — Colorado is already one of America's favorite states to marry in — and guests who fly in need beds. The acreage we're targeting leaves room to add on-site lodging in a later phase: geodesic domes or premade A-frame cabins for ambiance, or one larger lodge building for economics. The plan is to reinvest a portion of year-two income into that expansion (roughly a six-month permit-and-install cycle) before distributions grow — turning one revenue stream into two on land we already own. A decision for later; the point for now is that the ceiling is higher than weddings alone.

The Founder

Jeremy Altdorfer

JA

Founder and owner — and, for now, the whole team. Jeremy is a Colorado business owner and real-estate operator with rental portfolios in Colorado and Ohio, and years of running healthcare practices — he is a dentist and the founder of Experience Dental, now three locations. He doesn't come from the wedding industry — he comes from building and operating businesses that keep their promises. Alabaster Estates is his next venture: a venue unusual enough that couples asked to book it before it existed. The photographers, wedding planners, and industry pros we've shown it to say they've seen nothing like it on the market — and they're eager to watch it get built.

The Ask

Seed capital for the build

We are speaking with a small number of early partners about a seed investment to take the estate from land to opening day. Terms, financials, and custom structures — including depreciation-weighted allocations for investors who value the K-1 — are shared in conversation.

Talk to the founder directly:

Phone: 740-706-0765
Instagram: @thereal_attila

This page is an introduction to a private conversation — not an offer to sell securities, and not tax or investment advice. Projections are illustrative.