DEER VALLEY Homes for Sale

Park City Real Estate for Sale and Pending Sales

Updated January 30th, 2012

Deer Valley has an array of real estate opportunities available from ski-in/out condominiums to single family residences.  If you're looking to purchase or sell real estate in the Deer Valley or the Park City area visit Park City Real Estate to view all the listing currently available. Michael LaPay, a local Park City Realtor, specializes in assisting Buyer's and Seller's in the Park City, Utah area.


Michael LaPay, Associate Broker
Prudential Utah Real Estate
Mobile: 435-640-5700
Toll Free: 888-410-7653
michael@ppcre.com

*This information contained here in was obtained from the Park City MLS and is deemed accurate.  However, we do not guarantee its accuracy and all information is subject to chagne without notice.

The Greater Park City Neighborhood Guide to Real Estate

Deer Valley Real Estate for Sale

Luxury estates, world-class skiing and gracious service make Deer Valley one of the most renowned residential areas in the world. Readers of SKI Magazine have ranked Deer Valley the #1 resort in North American for an unprecedented fifth year in a row. Snow Park, at the resort's base area, hosts World Cup ski competitions in the winter, and world-renowned music in the summer, including performances by Bob Dylan, Willie Nelson, Bonnie Raitt, BB King and the Utah Symphony. The Upper Deer Valley area includes Silver Lake Village, famous for quality and variety of its restaurants, shopping and on-mountain amenities. Empire Pass is Deer Valley's newest venue and includes homes and lodges of all types. Deer Valley is home to numerous developments, including condominiums and luxury single-family residences. Many Deer Valley mountain properties are considered among the most luxurious in the world, some of which offer direct ski access and stunning views of the surrounding Wasatch Mountains, Old Town and the Jordanelle Reservoir.

Lower Deer Valley (Snow Park Area)

Lower Deer Valley properties are in great demand during all four seasons as a result of their ideal location. Positioned near the main base of Deer Valley Resort, these homes and condominiums are also located within close proximity to Main Street night clubs, restaurants and shops. The resort's Snow Park Lodge sits less than a mile away from Old Town and serves as a popular, year-round hub for outdoor activities. Nearly all properties share dramatic views of the mountain and ski slopes.

The majority of Lower Deer Valley properties are condominium projects which include: Aspen Wood, Black Diamond Lodge, Boulder Creek, Bristlecone, Chaparral, Chateaux at Fawngrove, Comstock Lodge, Courchevel, Daystar/Amber Daystar, Deer Lake Village, Fawngrove, Glenfiddich, In the Trees, La Maconnerie, Lakeside, Lodges at Deer Valley, Pine Inn, Pinnacle at Deer Valley, Powder Run, Queen Esther Village, Red Stag Lodge, Silver Baron, Stonebridge, Trails End Lodge and Wildflower. Other condominium projects between Lower Deer Valley and Old Town include Fox Glove, Greyhawk, Portico and Sunspot. This location offers convenienct access to skiing and is within walking distance to Historic Main Street.

Single-family home subdivisions along the hillside surrounding the resort base include Hidden Meadows, Hidden Oaks, Mornging Star Estates, Nordic Village, Queen Esther Village, Royal Oaks, Solamere, The Oaks at Deer Valley and Willow Brook.

Neighborhood Pricing Guide: Lower Deer Valley, Deer Valley

Lower Deer Valley, Deer Valley Single Family Homes for Sale:  $1,195,000 to $3,140,000

Lower Deer Valley, Deer Valley Condos for Sale:  $254,900 to $2,465,000

Lower Deer Valley, Deer Valley Homesites for Sale:  $475,000 to $1,975,000

*Based on PCMLS listings as of Janaury 25th, 2012

Deer Crest

Park City's Deer Crest community is perched along the ridgeline and throughout the hillside at the easter edge of Deer Valley. Most of the luxury homes, homesites and condominiums offer ski access, including private ski runs at Deer Valley Resort. Some properties enjoy the seclusion provided by a gated entrance and feature breathtaking views of the surrounding mountains and the Jordanelle Reservoir. Residents may access the neighborhood from either Lower Deer Valley or Highway 40. Given the peaceful solitude of the Deer Crest community, it is hard to imagine that Historic Main Street is only a few minutes drive!

New to the area is the St Regis Deer Crest, a prestigious addition to the Deer Valley market. The St Regis offers the ultimate in slopeside comfort and sophistication in their 26 residences and 67 hotel-condominium suites. They are conveniently accessed via the unique, state-of-the-art funicular adjacent to the Snow Park Lodge or the private, gated Deer Crest entrance. Also popular is the Snowtop development, which boasts some of the most commanding views in Park City.

Neighborhood Pricing Guide: Deer Crest, Deer Valley

Deer Crest, Deer Valley Single Family Homes for Sale:  $2,895,000 to $22,995,000

Deer Crest, Deer Valley Condos for Sale:  $1,370,000 to $12,500,000

Deer Crest, Deer Valley Homesites for Sale:  $732,000 to $1,699,000

*Based on PCMLS listings as of Janaury 25th, 2012

Upper Deer Valley

Upper Deer Valley, which includes the Silver Lake Vilalge, is located between 6900 and 8100 feet in elevation, mid-mountain on Deer Valley Resort. Residents are able to access the area by either of the two options; they may drive up Royal Street from the base of Lower Deer Valley, or take Marsac Avenue up the Ontario Canyon Road.

Silver Lake Village is its own mountain community, offering local residents fantastic dining options and a handful of retail stores, including a sunny respite for skiers at the legendary McHenry's Ski Beach. Shoppers will rejoice in the Village's high-end boutiques and outdoor recreation stores, which are a short drive fromt he retail bliss of Main Street. Silver Lake Village food and beverage choices range from hearty aprés-ski fare to refined haute-cuisine. The Silver Lake Lodge houses a number of restaurants and the Stein Eriksen Lodge offers fine dining, along with a distinguished spa and facilities for conferences or corporate retreats.

Scattered throughout Upper Deer Valey are some of the area's most beautiful mountain homes, many of which are located slopeside or within a quick walk to the ski runs. The majority of the homes are within the following subdivisions: Alpen Rose, Alta Vista, American Flag, Bald Eagle Club, Bellearbor, Bellemont, Belleterre, Bellevue, Evergreen, Knoll Estates/Deer Valley Club Estates, Knollheim, Silver Lake Village, The Cottages and Willow Brook. There are hundreds of condominiums within many of the Upper Deer Valley developments.

Neighborhood Pricing Guide: Upper Deer Valley, Deer Valley

Upper Deer Valley, Deer Valley Single Family Homes for Sale:  $2,000,000 to $49,500,000

Upper Deer Valley, Deer Valley Condos for Sale:  $624,900 to $3,250,000

Upper Deer Valley, Deer Valley Homesites for Sale:  $899,000 to $2,950,000

*Based on PCMLS listings as of Janaury 25th, 2012

Empire Pass

Empire Pass is Deer Valley's newest ski-in/ski-out community and is comprised of approximately 1600-acres on the slopes of Flagstaff Mountain and Empire Canyon. Many of these magnificent luxury condominiums and homes rank among the most prestigious in Deer Valley. Residents in Empire Pass may enjoy the opportunity of being a member of the famed Talisker Club which features unparalleled amenities at the Tower Club and golf at neighboring Tuhaye.

The new Montage Deer Valley features timeless European décor, incredible views and a prime slopeside location. Refined yet authentic, the Montage offers both hotel rooms and residences. Nearby Nakoma, derived it's name from the Native American word that means, "I do as I promise." Indeed, with a vow to use only the highest-quality materials and best construction practices, they crafted a beautiful neighborhood of 18 homes on 17 wooded acres. Silver Strike Lodge offers a rustic and nostalgic reminder of Park City's rich mining past. Utilizing rough-hewn logs and weathered copper alongside gourmet kitchen furnishings, this ski-in/ski-out development combines authentic Odl West charm and modern convenience in a breathtaking manner. Bannerwood offers one-half to one-acre custom-build homesites, tucked away in the aspen and evergreen forest that skirts The Village at Empire Pass. The Belles at Empire Pass is one of the newest developments in the area and offers a collection of 14 intimate single-family homes; located adjacent to Deer Valley Resort's Silver Strike lift. These properties also feature convenient access to the Northside lift. The Grand Lodge features renowned architectural design and interior accents, further proving that residents need not sacrifice luxury for an on-mountain living experience.

Neighborhood Pricing Guide: Empire Pass, Deer Valley

Empire Pass, Deer Valley Single Family Homes for Sale:  $5,195,000 to $19,600,000

Empire Pass, Deer Valley Condos for Sale:  $1,199,900 to $7,860,000

Empire Pass, Deer Valley Homesites for Sale:  $3,050,000 to $4,995,000

*Based on PCMLS listings as of Janaury 25th, 2012

Deer Valley has an array of real estate opportunities available from ski-in/out condominiums to single family residences.  If you're looking to purchase or sell real estate in the Deer Valley area visit Park City Real Estate to view all the listing currently available. Michael LaPay, a local Park City Realtor, specializes in assisting Buyer's and Seller's in the Park City, Utah area.


Michael LaPay, Associate Broker
Prudential Utah Real Estate
Mobile: 435-640-5700
Toll Free: 888-410-7653

michael@ppcre.com

The Greater Park City Neighborhood Guide to Real Estate

Park City Real Estate for Sale

Park City constitutes Old Town and the surrounding neighborhoods of Thaynes Canyon, Aspen Springs, Park Meadows and Prospector. Old Town remains the historic center of Park City, since its inception as a hotbed of mining in 1869. Located beneath the pristine ski runs of Park City Mountain Resort's Town Lift, Main Street is now lined with boutiques, art galleries, restaurants and bars, but the original "Old West" feel reigns. To the west, Thaynes Canyon and Aspen Springs offer beautiful tree-lined streets and are adjacent to the iconic white McPolin Barn. Park Meadows and Prospector are ideal for families of all ages, with easy access to the Round Valley trails, local recreation venues and area schools. Diverse in many ways, from demographics to the cost of housing, Park City affords real estate opportunities for everyone.

Old Town

Park City's Old Town neighborhood is defined by its lasting roots and connection to the area's rich mining history. Originally platted in the 19th century, Old Town homesites are quite small and many homes are built into the steep hillsides that hug both sides of the neighborhood. Old Town encompasses most of th area from Park City Mountain Resort to the Park City Municipal Golf Course and past the charmingly quaint City Park. Largely a result of ongoing efforts toward historical preservation, Old Town has retained its small, old-west mining town feel. Recent years have witnessed its growth into a vibrant, highly-walkable resort town center that features enticing shopping opportunities, renowned restaurants and a multitude of nightclubs. The spectacular buildings and storied past of Old Town's legendary Historic District provide variation to ear home styles and further reinforce the neighborhood's authenticity.

A particularly well-known area within Old Town is the "Gold Coast," the coveted ski-in/ski-out homes that back up on to the Town Lift runs of Park City Mountain Resort. The cozy renovated miners' cottages located near City Park, just off Park Avenue, are recognized as some of the best values in Old Town. There are a handful of apartments located in the upper levels of certain Main Street buildings, while Day Avenue features a funky and eclectic mix of restored miners' cottages, apartment buildings and renovated bungalows.

The lack of homesites bolsters prices and helps to ensure future value, while Old Town's ideal location solidifies demand. There are few place in the world like the sparkling gem that is Old Town Park City.

Neighborhood Pricing Guide: Old Town, Park City

Old Town, Park City Single Family Homes for Sale:  $475,000 to $4,595,000

Old Town, Park City Condos for Sale:  $99,900 to $2,545,000

Old Town, Park City Homesites for Sale:  $149,900 to $3,499,000

*Based on PCMLS listings as of Janaury 25th, 2012

Park Meadows

The majority of Park Meadows residents are primary homeowners, although second-home owners are discovering that the neighborhood's sweeping views, convenient location and cohesive feel make for a great off-mountain alternative. Park Meadows flows fromthe flanks of Quarry Mountain past the emerald links of the Park Meadows Country Club and climbs through the scattered sage and scrub oak of the slopes next to round Valley. The east end of Park Meadows is home to the Park City Racquet Club, which offers a pool, tennis courts and poplular fitness facilities. Park Meadows backs up to the newly renovated Park City High School as well as Treasure Mountain Middle School and McPolin Elementary School all located on Kearns Boulevard, providing safe, easy access to area schools.

This popular neighborhood offers a diverse selection of single-family homes and condominiums. Demand is high for what little vacant land remains in the area. Residencts enjoy Park Meadows due to its superb location, easy access to amenities and spectacular mountain views. Some of the more prominent subdivisions within Park Meadows include: Eagle Pointe, Meadows Estates, Risner Ridge, Ridgeview, Holiday Ranchettes, Fairway Meadows, West Ridge and Fairway Hills. Condominium and townhome properties include Last Sun at the Cove and the Racquet Club among others.

Neighborhood Pricing Guide: Park Meadows, Park City

Park Meadows, Park City Single Family Homes for Sale:  $449,900 to $4,595,000

Park Meadows, Park City Condos for Sale:  $189,900 to $1,999,000

Park Meadows, Park City Homesites for Sale:  $585,000 to $8,995,000

*Based on PCMLS listings as of Janaury 25th, 2012

Prospector

Prospector is one of the most established and affordable neighborhoods in Park City and offers single-family, multi-family and condominium properties, some with distinctly Victorian-era styling. Located within walking distance of Park City High School, Treasure Mountain Middle School and McPolin Elementary School, Prospector also offers easy access to the Rail Trail, Park City's popular recreational trail for bikers, runners and walkers.

The US Ski and Snowboard Association's "Center of Excellence" sits just down Kearns Boulevard, as do the National Ability Center, Park City Ice Rink and rambling trails of Round Valley. Also situated off of Kearns Boulevard is the stunninly designed Park City Medical Center, home to 24-hour emergency service, six state-of-the-art operating suites, family and internal medicine, orthopedic and general surgery, cariac care, pediatrics, obstetrics, gynecology, radiology and imaging. Prospector home owners have the added convenience of neighboring restaurants, retail stores and professional buildings, and commuters appreciate the area's quick access to Highway 40.

Neighborhood Pricing Guide: Prospector, Park City

Prospector, Park City Single Family Homes for Sale:  $369,900 to $899,000

Prospector, Park City Condos for Sale:  $63,000 to $539,000

Prospector, Park City Homesites for Sale:  $272,000 to $499,900

*Based on PCMLS listings as of Janaury 25th, 2012

Thaynes Canyon

Situated adjacent to the picturesque white McPolin Barn, the Thaynes Canyon and Aspen Springs communities encompass the wooded hillsides and rolling meadows below Park City Mountain Resort and Iron Mountain. These neighborhoods also offer easy access to all three local ski resorts as well as the Park City Municipal Golf Course and the extensive community trail system which converts to a well-groomed nordic trail system in the winter. Some homes in Aspen Springs and Thaynes Canyon are zoned equestrian.

Both neighborhoods are close to Old Town, restaurants, retail shops, offices and the commercial center of Park City. Subdivisions in Thaynes Canyon include: Aspen Springs Ranch, Iron Canyon, Thaynes Canyon area and Thaynes Crek Ranch.

Neighborhood Pricing Guide: Thaynes Canyon, Park City

Thaynes Canyon, Park City Single Family Homes for Sale:  $689,000 to $5,488,000

Thaynes Canyon, Park City Homesites for Sale:  $489,000 to $1,295,000

*Based on PCMLS listings as of Janaury 25th, 2012

Park City has an array of real estate opportunities available from ski-in/out condominiums to single family residences.  If you're looking to purchase or sell real estate in the Park City area visit Park City Real Estate to view all the listing currently available. Michael LaPay, a local Park City Realtor, specializes in assisting Buyer's and Seller's in the Park City, Utah area.


Michael LaPay, Associate Broker
Prudential Utah Real Estate
Mobile: 435-640-5700
Toll Free: 888-410-7653

michael@ppcre.com

Park City Mountain Lifestyle Newsletter : Article 2

Four Park City Developments being Highlighted

St Regis Deer Valley

For connoisseurs of quality, St Regis Resort and Residences Deer Valley offers unparalleled hospitality. Guests and owners enjoy a five-star restaurant, martini bar, 25,000 square foot spa and butler service while perched high among Utah's renowned Wasatch Range of the Rocky Mountains.

St Regis Deer Valley, a prestigious addition to the Deer Crest, Deer Valley market. The St Regis offers the ultimate in slopeside comfort and sophistication in their 26 residences and 67 hotel-condominiums suites. They are conveniently accessed vai the unique, state-of-the-art funicular adjacent to the Snow Park Lodge or the private, gated Deer Crest entrance.

Currently, there are ten St Regis Deer Valley condos for sale. They range from a gorgeous one bedroom with 984 square feet being offered at $1,370,000 to a luxurious five bedroom with 5,497 square feet being offered at $12,500,000.

The Belles at Empire Pass

Situated amid the alpine splendor of Deer Valley® Resort and Empire Pass, The Belles presents 17 rustic-contemporary residences with maginificent views and superior amenities. Enjoy direct ski access to the slopes of North America's #1 ski resort while living within steps of the exclusive Talisker Tower Club, providing world-class amenities.

The Belles at Empire Pass is one of the newest developments in the Deer Valley area and offers a collection of 14 intimate single-family homes; located adjacent to Deer Valley Resort's® Silver Strike chairlift. These properties also feature convenient access to the Northside lift.

Currently, there are five Belles at Empire Pass single-family residences for sale. They rane from a beautiful six bedroom with 6,295 square feet being offered at $5,195,000 to a stunning five bedroom with 6,910 square feet being offered at $7,995,000. Location, location, location when it comes to this development!

The Colony at White Pine Canyon

Located in Park City, The Colony is known for setting th enew standard for on mountain living and exclusive ski-in/ski-out access to the Canyons, one of the largest ski and snowboard resorts in North America. When the snow melts, a premiere network of hiking and biking trails are revealed. Homesites average more than six acres, offering private retreats unlike any other.

The Colony at White Pine Canyon is an award-wining 4,600 acres, private, gated, ski-in/ski-out community that features large private homes and homesites averaging six acres. Its wining combination of natural beauty, size, privacy and skiing at the Canyons® attracts some of the most discerning buyers.

Currently, there are 17 single-family homes for sale. They range from four bedroom mountain retreat with 4,313 square feet being offered at $3,599,000 to an extraordinary ski home with nine bedrooms and 15,743 square feet being offered at $26,200,000.

Wolf Creek Ranch

Wolf Creek Ranch is a community of 84 luxury ranches located next to the Uinta National Forest 20 minutes from Park City. Homesites start at 160 acres with 360 degree views of Mt Timpanogos, the Heber Valley and both Uinta and Wasatch Mountains. Amenities include an owners lodge, equestrian facility, outdoor riding arena and a 2,800 square foot guest cottage.

Wolf Creek Ranch is located in Woodland, Utah, which offers the largest residential land parcels in the area. Some Wolf Creek lots are 160 acres in size, with a perimeter lenght of two miles. The entire development comprises 14,000 acres of stunning outdoor recreational paradise, and is within easy driving distance of Park City.

Currently, there are two single-family homes for sale. They are a five bedroom with 7,600 square feet being offered at $6,700,000 and and eight bedroom with 14,870 square feet being offered at $9,750,000. There are ten homesites for sale. They are all 160 acres with offer prices of $895,000 to $2,000,000.

If you would like further information on the above mentioned developments or other Park City real estate, please don't hesitate to contact me. Park City has an array of real estate opportunities available from ski-in/out properties, equestrian properties, condos, single family residences and homesites. If you're looking to purchase or sell real estate in the Park City area, visit Park City Real Estate to view all the listings currently available. Michael LaPay, a local Park City Realtor, specializes in assisting Buyer's and Seller's in the Park City, Utah area.

Michael LaPay, Associate Broker
Prudential Utah Real Estate
Mobile: 435-640-5700
Toll Free: 888-410-7653

michael@ppcre.com

Park City Mountain Lifestyle Newsletter : Article 1

Park City Real Estate for Sale

Even though the real estate market can and does fluctuate like the seasons, there is one constant in the industry: The value a savvy real estat agent brings to a homeowner's investment.

Park City happens to claim some of the best agents in the business, with Prudential's team of experts leading the way.

As a Prudential agent, we live, work and play in the same areas we're providing counsel in and that is key. We have a finger on the pulse of a place clients are looking to establish stronger roots in. That breeds comfort and confidence.

"Prudential agents have been voted by their peers President of the Park City Board of Realtors® (PCBR) three consecutive years."

Prudential agents have not only proven they possess an intimate understaind of the area, they have built a reputation for integrity throughout the Park City real estate community. Evidence is in the fact Prudential agents have been voted by their peers President of the Park City Board of Realtor® three consecutive years.

The secret to their success can be found in the way they tackle their daily agent duties. All hold communication with their clients in high regard. It's important to always keep a good dialogue and to constantly ask questions. We want to make sure the client is equipped with as much information as possible.

Staying on top of the market trends is all part of the client-agent dialogue, and conversations with buyers have been good these days. With lower prices, tax incentives and favorable interest rates, now is a great time to buy, and the Park City real estate market is a good real estate market to be in.

Since 2008, transactions are up 25 percent year over year. And according to local experts, that trend is expected to continue in 2012, with a number of Park City real estate deals still to be had.

Prices are holding in many of Park City's neighborhoods as foreclosures and short-sale activity continues to recede. The most popular buy remains the single-family home. In 2011, it accounted for 44 percent of all sales and 55 percent of the total dollar volume.

Over the past few years, sales activity has been centered in neighborhoods such as Silver Springs, Jeremy Ranch and Park Meadows. The average current price for a median home is around $550,000, with median condo prices around $350,000 and median homesite prices as low as $165,000.

The Park City real estate market is fairing well. Our sales volumes are higher than other ski towns in the region. Indeed, in a recent report issued by the Western Mountain Resort Alliance, Park City topped all markets including Vail, Sun Valley and Tahoe in the categories of total volume sold and number of units sold.

In Park City, the first quarter will continue to bring great Park City real estate deals to buyers. That's obviously great for people who love open space and are looking for world-class outdoor and recreational amenities. Park City is perfect for them.

If you would like more information on the Park City real estate market, feel free to give me a call. Park City has an array of real estate opportunities available, from ski-in/out condos to single family residences. If you're looking to purchase or sell real estate in the Park City area, please visit Park City Real Estate to view all the listings currently available. Michael LaPay, a local Park City Realtor, specializes in assisting Buyer's and Seller's in the Park City, Utah area.

Michael LaPay, Associate Broker
Prudential Utah Real Estate
Mobile: 435-640-5700
Toll Free: 888-410-7653

michael@ppcre.com

*Photo Credit: David Ramaley