Park City Real Estate News Blog

Mayflower Resort Update

By The ParkCityInvestor Team
Aug 21, 2019

Information about the new Mayflower Resort have been released by the media last week. While official building permits have not yet been approved by the county, here is what we know so far:

Extell owns 5,600 acres located adjacent to Deer Valley Resort®. This new Resort Village will be accessible from U.S. Highway 40 at the Mayflower exit and will include:

  • 1,520 private residential residences ranging from estate lots to luxury condominiums
  • 3 luxury and lifestyle-branded hotels with 825 rooms and commercial units
  • 600 skier parking spaces
  • 95,000 square feet of workforce housing
  • A 68,000-square-foot recreation center that will be open to the public
  • 6 new ski lifts
  • 2 magic carpet conveyors
  • A connecting lift to Deer Valley Resort and
  • A large ski beach that will lead into the village.
 

There will be an extensive snow making system and trails for all ability levels.

Center of the village will be a MIDA hotel covering 615,000 sf and an additional 75,000 sf of commercial and conference space. One floor will be available to Active Duty Military and Veterans will at reduced rates. About 55 residences will be for sale.

Initial ground clearing and road excavation has already started. Two tunnels will be put in to connect the Mayflower real estate area with the Deer Crest side.

Groundbreaking for the MIDA hotel and convention center is scheduled to begin next spring. Mayflower Mountain Resort is currently scheduled to open in the winter of 2021-2022. Whether Deer Valley Resort will manage the new lifts still has to be determined.

Contact The Park City Investor Team at 435-640-6966 for more information about Mayflower Resort and get on our list to be notified as soon as new resort properties become available for sale.

** All information provided is deemed reliable, but is not guaranteed and should be independently verified. **

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St. Regis Deer Valley Phase 2

By The ParkCityInvestor Team
Aug 05, 2019

St. Regis Deer Valley is going to release Phase 2 this fall. Phase 2 will consist of nine very exclusive and private residences at Snow Park. Located between the St. Regis funicular and Black Diamond Lodge, this project will be unlike any other condo product that has ever been available in Lower Deer Valley. All residences will have south-west views, nice balconies, luxurious mountain contemporary finishes, climate controlled owner storage, one assigned and one floating parking spot and much more.

Owners will receive a membership to the new Deer Crest Club at Snow Park and are able to use all amenities at St. Regis such as their pool, fitness center, ski valet, shuttle service etc. The building will also feature an intimate but family-friendly Italian restaurant.

The developer is hoping to have the project completed by summer/fall 2020.

Contact The Park City Investor Team at 435-640-6966 for more information on how to reserve one of the residences in Phase 2 of St. Regis Deer Valley.

New Development: Remund Farms Midway

By The ParkCityInvestor Team
Jul 30, 2019

Remund Farms is a new development in Midway brought to you by Watts Living – a local developer that also built Dutch Fields and Dutch Canyon. Located steps from Memorial Hill, this 50-acre community consists of 97 homesites of which 39 will be released in phase 1.

Remund Farms offers five home plans with approximately 2,793 to 4,400 square feet of living space with three to five bedrooms and either a two or three-car garage. All homes will implement Green technology such as SmartHome climate control and security systems, dual-zone heating and air, LED lighting as well as high-efficiency insulation, furnace and air conditioning units. The interior space will feature 10-foot main floor ceilings, a gas fireplace, granite/quartz countertops, Moen fixtures, stainless steel Kitchen Aid appliances, walk-in pantry and much more.

The developers dedicated 30-acres to open space, 15 acres are protected wetlands and the community has three spring-fed ponds.

Amenities at Remund Farms are to include walking trails, parks, large open spaces, an activity barn, pool, club house and fitness center, lakes, gardens and playgrounds. In addition to that, the Heber Valley offers three championship golf courses, blue-ribbon fly fishing at the Provo River, water sport activities at Deer Creek and Jordanelle Reservoir as well extensive trail systems for hiking, biking and snow shoeing.

Contact The Park City Investor Team at 435-640-6966 for more information about Remund Farms. Pick your home site today!

Midway Utah Homes for Sale Homes for Sale Midway Utah Remund Farms Midway Utah Real Estate

Victory Ranch Real Estate Update

By The ParkCityInvestor Team
Jul 11, 2019

Victory Ranch real estate sales are strong with lots of new construction going in. Currently a very popular product are the lake cabins. Stony lake offers fishing, paddle boarding as well as a boat house. Only three of the stunning cabins overlooking the water are still for sale. The Castaway cabins surround the fishing-only Castaway pond. The Castaway Cabins sold so quickly that the developer added two additional homes to the original master plan. Prices starting at $2.595 million with a full membership.

Victory Ranch also introduced its Residence Club. The Residence Club offers a fractional ownership option for those who love the community but do not want to commit to a full-time residence. The sixteen mountain contemporary cabin residences are located just above the Kamloop Trail with views of the Upper Provo River. Each owner is granted six weeks of carefree vacation per year with access to member services, concierge, storage, an electric Moto vehicle and all amenities. The two floor plans offer three bedrooms or three bedrooms + a bunk room with approximately 2,015 to 2,858 square feet of living space. Each cabin has an open concept floor plan, cutting edge kitchen appliances as well as solar power, a hot tub, outdoor fire table and a two-car garage. For those who are local an "Unlimited Golf Upgrade Option" is available and allows immediate family and accompanied guests to golf whenever you want with no green or cart fees.

Contact The Park City Investor Team at 435-640-6966 for more information about Victory Ranch Real Estate. 

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Stein Eriksen Family Residence for Sale

By The ParkCityInvestor Team
Jul 05, 2019

The personal residence of ski legend and Deer Valleys iconic Stein Eriksen is for sale. The European-style mansion offers almost 8,000 square feet of living space, five bedrooms, seven baths, a modern care-takers apartment perfectly suited for long-term guests. The property features a pond, two streams and water features. The home is located on a private cul-de-sac with stunning views of the Park City Municipal Golf Course and Park City Mountain Resort.

Contact The Park City Investor Team at 435-640-6966 to learn more about the property and Park City Real Estate.

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Tuhaye introducing New Exciting Concepts

By The ParkCityInvestor Team
Jun 21, 2019

The new development team at Talisker laid out exciting new concepts for the club. Besides adding new, state-of-the-art amenities, Talisker is striving towards delivering new levels of hospitality, service and most importantly memorable experiences. As a Talisker member you can enjoy amenities and golf in Tuhaye, access the iconic ski-in ski-out Tower Club in Empire Pass, enjoy backcountry activities and wine/dine in the exclusive member-only restaurant and lounge on Main Street. Courchevel on Main Street is set to open this summer. Tuhaye is adding a Kids Pool Pavilion, and Moondance Park with playgrounds, volleyball courts, soccer field, dog park, zip lines as well as an ice rink in the winter. The iconic Tower Club in Empire Pass is currently being renovated. Talisker is adding a new full-service spa, a new Wildstar Kids Camp and they are expanding the Fitness Center. The Outdoor Living experience will be enhanced with new pool, pavilion, fire pits, hot tubs and ski beach. The Outpost on Guardsman Pass offers a back-country yurt which is a perfect starting point for horseback riding, tubing, snow shoeing, snowmobiling, and much more. A club boat is available for water sports and shuttle services are offered between all Talisker locations.


New Talisker-Approved Properties 


Tuhaye - Whispering Hawk will offer three to four bedroom mountain contemporary cabins with 1,890- 3,288 sf. of living space and views of the golf course and surrounding mountain range. Prices starting at $1.6 million

Tuhaye - Morningstar will offer approximately 30 shared ownership options for five-bedroom cabin homes with 5,700 sf of living space. Perfect for anyone who wants to "test" Tuhaye life. The limitation on shares allows for an easier resale down the road.

Only 4 of the 14 Tower Club Residences in Empire Pass are still available for sale. These spectacular residences offer prime ski-in ski-out access in a boutique-hotel-style setting with some of the best amenities in Empire Pass. The Tower Club Residences offer three, four and five bedroom floor plans.

Moonshadow Estates offer a rare, limited opportunity to build your home of choice in Empire Pass - Deer Valley. This enclave of eight estate-sized custom homesites do no building restrictions. You can build as modern or traditional as you want.

 

Contact The Park City Investor Team at 435-640-6966 for more information about Talisker, Tuhaye and Park City Real Estate.
 

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Colony at White Pine Canyon Real Estate Update

By The ParkCityInvestor Team
Apr 22, 2019

The Colony at White Pine Canyon had a good first quarter of 2019 with four homes and five home sites sold. Three additional homes are currently under contract and scheduled to close soon. The total sales volume for the first quarter is $34,955,000.

In 2018, the Colony saw $113,440,000 in sales volume with 12 homesites and 7 custom homes sold.

Right now, 27 homesites are available, priced from $1.9 million to $5.5 million, and 10 custom homes for sale, priced from $5,975,000 to $14,950,000.

The Colony at White Pine Canyon features some of the largest ski-in ski-out lots in the country with home sites averaging six acres in size. The Colony is a gated community nestled within the largest ski and snowboard resort in North America. It is surrounded by more than 400 miles of single-track hiking and biking trails in the summer. Over 90 percent of the 4,600 acre development is dedicated to open space.

Interested in Park City property?

Contact The Park City Investor Team at 435-640-6966 for more information. Set up your property tour today.

Colony at White Pine Canyon Real Estate

New Development in Pinebrook: Discovery Ridge

By The ParkCityInvestor Team
Mar 25, 2019

Discovery Ridge is a new 72-acre residential development that is going to be located on Kilby Road which connects Summit Park and Pinebrook.

Discovery Ridge will consist of 67 residences of which 42 are going to be single-family homes, four are duplexes and 21 townhomes. Each residence will have a two-car garage. If a reservation is made during the construction phase buyers can select from three color palettes and other interior features.

The development can be accessed just passed Weilemann – School of Discovery and will stretch over to Woodward. It will feature 75 percent of open space and backs up to an additional 780 acre Toll Canyon Open Space Park. Amenities will include a basic trail system and two community play grounds.

30-night minimum for rentals. Up to two dogs and cats allowed.

Discovery Ridge is located in the Park City School District. Phase 1 includes thirteen townhomes and two twin homes starting at $680,000.

The Reservation process has begun and the first foundations are to be poured.

Insure that you have the best representation when buying and/or selling Park City Real Estate. Contact The Park City Investor Team at 435-640-6966 for more information about Discovery Ridge and how to reserve one of these residences.   

Discovery Ridge Pinebrook - Townhomes and Single Family Homes for Sale Discovery Ridge Real Estate for Sale Park City Utah Discovery Ridge Pinebrook Park City Utah

Park City Investor Awarded Best Performing Group for KW Park City

By The ParkCityInvestor Team
Mar 05, 2019

Friday night was a big night for The Park City Investor Team. At the Annual KW Utah Awards Gala we were named the Top Producing Team for KW Park City. In addition to that, Drew earned the Triple Gold Medallion Award while Annett earned a Silver Medallion and was awarded Rookie of the Year in the team category.

Thanks to all of our clients. We love what we do and are looking forward to working with you for many years to come!!

Park City Real Estate Agents

Properties taking Reservations - NOT listed on MLS

By The ParkCityInvestor Team
Feb 22, 2019

CANYONS VILLAGE

** Pendry Park City at Canyons Village has received over 40 reservations of interest. Monday specific unit reservations will be finalized and the developer will raise the prices!!

** Ridge at Canyons Village located on Red Pine Road between Silverado and Sunrise Lodge, Ridge will feature spacious four and five-bedroom residences.

** Viridian at Canyons Village - townhomes across from Waldorf Astoria. On the golf green. Steps from the Frostwood Gondola.

** White Pine Canyon Village at Canyons located on White Pine Canyon Road adjacent to Black Rock Residences - steps from the Lower Village Cabriolet.

DEER VALLEY

** New Larkspur building featuring 3 luxurious townhomes. Currently all reserved. Backup position possible.

** Moon Shadow Estates in Empire Pass features 8 lots for sale. Lots are starting at $2 million and allow homes up to 8,000 SF. As opposed to other areas in Deer Valley limited building restrictions exist and it is possible to build an ultra modern home. Reservations are being taken.

** Tower Club Residences in Empire Pass only 4 of the 12 Residences are still available for reservation.

JORDANELLE

** Klaim at Jordanelle - these will go fast! Townhomes starting at $600k. Nightly Rentals allowed.

** Mayflower Lakeside - only 8 of 48 residences remaining - new condos featuring lake views and easy access to the Deer Valley gondola. Once Sky Ridge is finished an equestrian center and golf academy will be in close proximity.

** Skyridge - located on the west-side of Jordanelle. Currently taking reservations for lots in Phase 1.

** Tuhaye - lots of new construction coming up. The developer will break ground on a number of new modern 2 to 3 bedroom villas. Each cabin home will feature large window fronts to showcase the spectacular views of the golf course and mountain vistas. Prices starting at $1.5 million and purchase will include a full Talisker membership. Amenities include a championship golf course, club house, pool, fitness center, spa, access to Tower Club in Empire Pass and a new lounge/restaurant on Main Street. More to come!

** Victory Ranch - now offering 1/8th Fractional Interest residences starting at $395,000.

Klaim at Hideout - Reservations starting Next Week!

By The ParkCityInvestor Team
Feb 13, 2019

Klaim is a new 60-acre community coming to the east-side of Jordanelle. Klaim is going to be located between the Deer Mountain and Soaring Hawk subdivisions off highway 248. The development will consist of 88 expertly designed townhomes featuring three and four bedroom floor plans with a two-car garage.

Construction of the first four-plex has begun. Each building will take about 10 months to be completed.  Pricing starts at $600,000.

** Unlike other developments around Jordanelle - Klaim is going to allow nightly rentals!! **

Klaim is situated just ten minutes from Park City and the Deer Valley gondola at Mayflower.

 

Contact The Park City Investor Team at 435-640-6966 for more information about The Klaim and how to reserve one of these new townhomes.

 

Other new communities at Jordanelle include: Benloch Ranch, Deer Vista, Deer Waters, Golden Eagle, Mayflower Lakeside, Settlement at Hideout, Shoreline Village, Skyridge, Soaring Hawk, The Black Rock Ridge Luxury Condos and Wasatch Springs.

 

Real Estate at Jordanelle Klaim Townhomes Park City UtahKlaim at Hideout - Townhomes for sale at Jordanelle

Tower Club Residences: Only 4 Residences Remaining

By The ParkCityInvestor Team
Feb 12, 2019

The Residences at the Tower are 14 unique residences that will be the only condominiums directly connected to the Talisker Club in Empire Pass. The Tower Club Residences include two, three, four and five bedroom floor plans with approximately 1,877 to 4,300 square feet of living space.

All amenities are located at the Tower Club and are available to all Talisker members. Amenities include restaurants, a members lounge, full service spa, state-of-the-art gym facilities, pool, hot tubs, a kids club house and ski valet.

Pricing ranges from approximately $2.6 million to $8.5 million.

Construction for The Residences at The Tower will start spring of 2019. Anticipated completion is early 2021.

Insure that you have the best representation when buying and/or selling Deer Valley Real Estate. Contact The Park City Investor Team -Your Local Real Estate Experts- at 435-640-6966 to schedule a property tour and to receive more information about the new Tower Club Residences.

The Residences at The Tower Club - Empire Pass Real Estate Park City UtahThe Residences at The Tower Club - Spectacular Views

Ridge Park City - New Townhome Community at Canyons Village

By The ParkCityInvestor Team
Feb 11, 2019

Ridge is a new townhome development coming to the Upper Canyons Village in Park City, Utah. Ridge will be located on Red Pine Road between Silverado Lodge and Sunrise Lodge by Hyatt Grand Vacations.

Ridge will offer uphill and downhill floor plans with townhomes ranging from approximately 2,600 to 3,600 square feet with four and five bedroom floor plans.

Prices are starting at $1.6 million with construction to begin in the spring of 2019.

Insure that you have the best representation when buying and/or selling Park City Real Estate. Contact The Park City Investor Team at 435-640-6966 for more information about real estate at Canyons Village.

Ridge Park City - New Townhomes at Canyons Village Ridge Park City Utah - Townhomes for Sale at Canyons Village Ridge Park City Utah - New Townhomes at Canyons Village

Kings Crown Park City - Last Ski-In Ski-Out Development in Old Town

By The ParkCityInvestor Team
Jan 31, 2019

Kings Crown is starting to take reservations on their 27 lots, 28 elegant condominiums and 7 spacious townhomes. Nestled at the base of Park City Mountain Resort, Kings Crown is going to be the LAST on-mountain development in Old Town Park City, Utah. The developer donated over 80 percent as open-space to preserve the mountain views for owners and to maintain the charm of Old Town Living. Kings Crown is the first new construction at the base of Park City Mountain Resort in decades.

+ Townhomes, 3,500-3,900 SF, starting at $3.9 million

+ Condominiums, studios to four-bedrooms residences, starting at $809,000

+ Lots starting at $950,000

Kings Crown will be located adjacent to Marriott Mountainside along the Crown Way ski run. The development is going to be managed by Vail Resorts - guaranteeing snow making on the ski run and other exclusive owner-amenities. Anticipated completion spring of 2020.

Interested in more information or putting in a reservation? Contact The Park City Investor Team at 435-640-6966 today!

Pendry Park City Ready for Reservations of Interest

By The ParkCityInvestor Team
Jan 22, 2019

Pendry Park City is getting ready to take reservations! Fully furnished, studio to four-bedroom residences will range from $425,000 to $3.6 million with a wide array of floor plans available.

LAUNCH PRICE RANGES  

Studio | 446 - 595 SF | $425,000 - $675,000

1 Bedroom | 486 - 1045 SF | $495,000 - $995,000

2 Bedroom | 1023 – 1646 SF | $925,000 - $1,650,000

3 Bedroom | 1509 – 2156 SF | $1,375,000 - $2,595,000

4 Bedroom | 2357 – 2514 SF | $2,650,000 - $3,600,000

Square footages are subject to change without notice.

Pendry Residences Park City is sister-brand of Montage Resorts - representing the same culture of service with an inspired, fashion-forward and design-driven approach. Pendry is going to be located in the Upper Village just steps from the Sunrise Chair Lift - surrounded by Lift, Sundial Lodge, Westgate and Hyatt Centric.

Amenities will include the only rooftop pool and bar in the area, a luxury spa, a state-of-the-art fitness center, the Pinwheel Kids Club, 7,000 square feet of indoor meeting space and a 4,000 square foot ballroom. Also planned are a unique lounge, restaurant and bars including a Japanese-American steak and chop house as well as a casual American restaurant.

Construction is set to begin in the spring/summer of 2019. Completion is planned for winter 2021.

Contact The Park City Investor Team - Your Local Real Estate Team - at 435-640-6966 to get on our list of interest. We will keep you informed about the upcoming dates regarding the release of final individual residence pricing, when reservations for specific residences will be taken. February 28th will the BIG SELECTION DAY out of all interested buyers.

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