Fairway Springs - Fairway Springs in The Canyons Resort

Fairway Springs at The Canyons Resort

Fairway Springs

Welcome to Fairway Springs Ski and Golf Villas! Overlooking the proposed Earl Kemp mountain golf course adjacent to The Canyons® Resort, Fairway Springs offers world-class opportunities to hit the slopes and the links, right outside your door. We've brought together an idyllic location, an acclaimed architectural firm, and a premier builder to create a mountain escape beyond compare. And, best of all, now is the ideal time. So come, hang your skis next to your clubs, and join us at Fairway Springs.

Quick Facts

Total Units: 46

Location: Located adjacent to The Canyons® Resort, on the proposed18-hole golf course and steps to the Frostwood Gondola

Property Type: Luxury Ski and Golf Townhomes

Location

Located between two rolling fairways on a private lane ending in a quiet cul-de-sac, Fairway Springs is but a minute's drive from the heart of The Canyons® Resort, and just a short walk from the planned Frostwood lift. As such, you'll enjoy unequaled peace and privacy combined with easy access to all the resort's attractions. Fairway Springs is, at once, spectacular, serene and ideally located. Could any more be asked of your luxurious mountain retreat?

Developer/Architect

Deerpath Development Corporation is proud to showcase the work of IBI Group, and its Park City design team, at Fairway Springs. IBI Group is a renowned, international architectural design firm that specializes in resort master planning and design. IBI has been a guiding force on a wide array of world-class ski and golf resorts across North America. IBI projects in Park City include the Escala Lodges, Sundial Lodge and the new St. Regis.

Architecture

The architecture of your townhome evokes the timeless ideal of a rustic mountain lodge and, yet, creates an immediate and lasting sense of utmost quality. Dramatic timber beams and dark, romantic finishes highlight the exterior, while giving way to interior spaces bathed in clear Rocky Mountain sunlight. Breathtaking views from east-facing windows and decks bring the morning sun to greet you as it rises above the distant Uinta Mountains.

Amenities

Life at Fairway Springs Ski & Golf Villas:

• Located at the top of Frostwood

• Located on the new golf course

• Walk to the Frostwood Lift

• Nightly rentals allowed

• Optional outdoor hot tubs in most units

• Comfortable gathering spaces and cozy nooks

• Gas fireplaces with stone surrounds

• Located on private cul-de-sac

• Walk-out patios and decks for each unit

• Located near full-service spas and restaurants

Click Here to View Properties for Sale in Fairway Springs Ski & Golf Villa Condominiums

*This information is subject to change without notice. Buyer is responsible to verify the accuracy of all information to the Buyers own satisfaction.

Canyons Pending Sales - Updated October 6th, 2011

CANYONS Report

Real Estate for Sale and Pending Sales

Updated October 6th, 2011

Neighborhood	Homes for Sale	Price Range	Square Feet	Beds	Baths	Sold in Last 12 Months	Pending Sales
CONDO-HOTELS
Hyatt Escala Lodge	11	$545,000 - $2,000,000	686 - 2710	1 - 4	1 - 5	2	3
Grand Summit (full ownership)	2	$399,999 - $725,000	954 - 1370	1 - 2	2 - 3	1	0
Lodges at Westgate	7	$123,000 - $465,000	360 - 1135	0 - 2	1 - 2	14	2
Silverado Lodge	13	$89,500 - $699,999	289 - 1898	0 - 3	1 - 4	6	2
Sundial Lodge	9	$209,000 - $585,000	450 - 1225	0 - 2	1 - 3	7	0
Sunrise at Escala	0	New Business Plan	347 - 2518	0 - 4	1 - 5	0	0
Waldorf Astoria	15	$240,000 - $2,176,900	345 - 1976	0 - 4	1 - 4	4	0
TOTALS	57					34	7
CONDOS
Fairway Springs	1	$949,000	1930	3	3	1	0
Juniper Landing	3	$749,000 - $929,000	1620 - 2070	2 - 3	3 - 4	1	0
Park West Village	0	None for Sale				3	1
Park West/Hidden Creek	7	$130,000 - $405,000	608 - 1575	0 - 4	1 - 3	3	0
Red Pine	12	$149,900 - $399,000	650 - 2153	1 - 4	1 - 4	3	0
The Canyons Area	0	None for Sale				0	1
Timberwolf Lodges	2	$239,900 - $469,500	1054 - 1506	2 - 3	3	12	1
Village Round	0	None for Sale				1	0
Vintage on the Strand	3	$999,000 - $1,990,000	1452 - 3613	2 - 4	2 - 5	0	0
TOTAL	28					27	3
SINGLE FAMILY HOMES
Aspen Creek Crossing (Chateaux)	0	None for Sale				0	0
Chateaux Du Val	1	$3,495,000	8483	5	8	0	0
Colony at White Pine	11	$4,250,000 - $26,200,000	9052 - 15743	6 - 9	8 - 15	8	0
Park West Village	0	None for Sale				0	0
Timberwolf Estates	2	$3,595,000 - $3,900,000	7500 - 8300	5 - 6	7 - 8	1	0
White Pine Canyon	1	$19,500,000	8413	3	4	1	0
TOTAL	15					10	0

For More Information on Park City and Deer Valley Homes contact:
Michael Lapay
Prudential Utah Real Estate
Mobile: 435-640-5700
Toll Free: 888-410-7653

mlapay@pureparkcityrealestate.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.

http://www.pureparkcityrealestate.com/00BD24

Posted on October 10, 2011 14:27:30 by Michael Lapay

Posted in Deer Valley & Park City Ski Resort Developments, The Colony, Fairway Springs, Juniper Landing, Dakota Mountain Lodge, Miners Club, Escala Lodge, Sunrise at Escala, Silverado Lodge, Vintage on The Strand, Deer Valley & Park City Real Estate

Canyons Pending Sales - Updated September 14th, 2011

CANYONS Report

Real Estate for Sale and Pending Sales

Updated September 14th, 2011

Neighborhood	Homes for Sale	Price Range	Square Feet	Beds	Baths	Sold in Last 12 Months	Pending Sales
CONDO-HOTELS
Hyatt Escala Lodge	9	$545,000 - $2,000,000	686 - 2710	1 - 4	1 - 5	2	1
Grand Summit (full ownership)	2	$399,999 - $725,000	954 - 1370	1 - 2	2 - 3	1	0
Lodges at Westgate	9	$123,000 - $465,000	360 - 1135	0 - 2	1 - 2	14	0
Silverado Lodge	14	$89,500 - $699,999	289 - 1898	0 - 3	1 - 4	6	0
Sundial Lodge	8	$209,000 - $585,000	450 - 1225	0 - 2	1 - 3	7	0
Sunrise at Escala	0	New Business Plan	347 - 2518	0 - 4	1 - 5	0	0
Waldorf Astoria	15	$240,000 - $2,176,900	345 - 1976	0 - 4	1 - 4	5	0
TOTALS	57					35	1
CONDOS
Fairway Springs	1	$949,000	1930	3	3	1	0
Juniper Landing	3	$749,000 - $929,000	1620 - 2070	2 - 3	3 - 4	1	0
Park West Village	1	$379,000	3700	5	4	3	0
Park West/Hidden Creek	6	$130,000 - $405,000	608 - 1575	0 - 4	1 - 3	3	0
Red Pine	11	$149,900 - $399,000	650 - 2153	1 - 4	1 - 4	5	0
The Canyons Area	0	None for Sale				0	1
Timberwolf Lodges	2	$239,900 - $469,500	1054 - 1506	2 - 3	3	11	2
Vintage on the Strand	3	$999,000 - $1,990,000	1452 - 3613	2 - 4	2 - 5	0	0
TOTAL	27					24	3
SINGLE FAMILY HOMES
Aspen Creek Crossing (Chateaux)	0	None for Sale				0	0
Chateaux Du Val	1	$3,495,000	8483	5	8	0	0
Colony at White Pine	12	$4,250,000 - $26,200,000	9052 - 15743	6 - 9	8 - 15	8	0
Park West Village	0	None for Sale				0	0
Timberwolf Estates	2	$3,595,000 - $3,900,000	7500 - 8300	5 - 6	7 - 8	1	0
White Pine Canyon	1	$19,500,000	8413	3	4	1	0
TOTAL	16					11	0

For More Information on Park City and Deer Valley Homes contact:
Michael Lapay
Prudential Utah Real Estate
Mobile: 435-640-5700
Toll Free: 888-410-7653

mlapay@pureparkcityrealestate.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.

http://www.pureparkcityrealestate.com/00BCB3

Posted on September 14, 2011 19:37:16 by Michael Lapay

Posted in The Colony, Fairway Springs, Juniper Landing, Dakota Mountain Lodge, Miners Club, Escala Lodge, Sunrise at Escala, Silverado Lodge, Vintage on The Strand, Deer Valley & Park City Real Estate

Canyons Pending Sales - Updated August 24th, 2011

CANYONS Report

Real Estate for Sale and Pending Sales

Updated August 24th, 2011

Neighborhood	Homes for Sale	Price Range	Square Feet	Beds	Baths	Sold in Last 12 Months	Pending Sales
CONDO-HOTELS
Hyatt Escala Lodge	17	$359,000 - $2,450,000	680 - 2810	1 - 4	1 - 5	1	2
Grand Summit (full ownership)	2	$399,999 - $725,000	954 - 1370	1 - 2	2 - 3	1	0
Lodges at Westgate	9	$123,000 - $465,000	360 - 1135	0 - 2	1 - 2	15	1
Silverado Lodge	13	$89,500 - $699,999	289 - 1898	0 - 3	1 - 4	6	0
Sundial Lodge	8	$209,000 - $585,000	450 - 1225	0 - 2	1 - 3	6	1
Sunrise at Escala	0	New Business Plan	347 - 2518	0 - 4	1 - 5	0	0
Waldorf Astoria	15	$240,000 - $2,176,900	345 - 1976	0 - 4	1 - 4	4	1
TOTALS	64					33	5
CONDOS
Fairway Springs	1	$949,000	1930	3	3	1	0
Juniper Landing	3	$749,000 - $929,000	1620 - 2070	2 - 3	3 - 4	1	0
Park West Village	0	None for Sale				2	2
Park West/Hidden Creek	6	$130,000 - $405,000	608 - 1575	0 - 4	1 - 3	2	1
Red Pine	12	$149,900 - $399,000	650 - 2153	1 - 4	1 - 4	6	0
The Canyons Area	0	None for Sale				0	1
Timberwolf Lodges	3	$264,900 - $469,500	1095 - 1576	2 - 3	3	12	1
Vintage on the Strand	3	$999,000 - $1,990,000	1452 - 3613	2 - 4	2 - 5	0	0
TOTAL	28					24	5
SINGLE FAMILY HOMES
Aspen Creek Crossing (Chateaux)	0	None for Sale				0	0
Chateaux Du Val	1	$3,495,000	8483	5	8	0	0
Colony at White Pine	12	$4,250,000 - $26,200,000	9052 - 15743	6 - 9	8 - 15	8	0
Timberwolf Estates	2	$3,595,000 - $3,900,000	7500 - 8300	5 - 6	7 - 8	1	0
White Pine Canyon	1	$19,500,000	8413	3	4	1	0
TOTAL	16					10	0

For More Information on Park City and Deer Valley Homes contact:
Michael Lapay
Prudential Utah Real Estate
Mobile: 435-640-5700
Toll Free: 888-410-7653

mlapay@pureparkcityrealestate.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.

http://www.pureparkcityrealestate.com/00BC59

Posted on August 24, 2011 18:53:21 by Michael Lapay

Canyons Pending Sales - Updated April 6th, 2011

CANYONS Report

Real Estate for Sale and Pending Sales

Updated April 6th, 2011

Neighborhood	Homes for Sale	Price Range	Square Feet	Beds	Baths	Sold in Last 12 Months	Pending Sales
CONDO-HOTELS
Hyatt Escala Lodge	16	$545,000 - $2,095,000	680 - 2820	1 - 4	1 - 5	2	1
Grand Summit (full ownership)	2	$399,999 - $725,000	954 - 1370	1 - 2	2 - 3	1	0
Lodges at Westgate	8	$139,900 - $465,000	360 - 1135	0 - 2	1 - 2	16*	5
Silverado Lodge	22	$89,500 - $753,000	289 - 1898	0 - 3	1 - 4	4	1
Sundial Lodge	11	$209,000 - $585,000	450 - 1225	0 - 2	1 - 3	6	0
Sunrise at Escala	0	New Business Plan	347 - 2518	0 - 4	1 - 5	0	0
Waldorf Astoria	16	$240,000 - $2,176,900	331 - 2038	0 - 4	1 - 4	4	0
TOTALS	75					17	7
CONDOS
Fairway Springs	6	$895,000 - $1,095,000	1930 - 2140	3 - 4	3	0	1
Juniper Landing	2	$749,000 - $929,000	1620 - 2070	2 - 3	3 - 4	3	0
Park West/Hidden Creek	8	$189,000 - $329,000	592 - 1296	0 - 2	1 - 2	0	0
Red Pine	10	$155,000 - $499,000	650 - 2153	1 - 4	1 - 4	5	1
Vintage on the Strand	6	$1,049,000 - $2,495,000	1452 - 4447	2 - 5	2 - 7	1	0
TOTAL	32					9	2
SINGLE FAMILY HOMES
Aspen Creek Crossing (Chateaux)	1	$3,495,000	8483	5	8	0	0
Colony at White Pine	10	$4,688,000 - $26,200,000	6013 - 15971	4 - 9	6 - 14	5	3
Timberwolf Estates	1	$3,900,000	8300	5	8	1	0
TOTAL	11					6	3
VACANT LAND
Aspen Creek Crossing (Chateaux)	2	$455,000 - $675,000	0.28 - 0.51			2	0
Colony at White Pine	26	$995,000 - $4,495,000	4.10 - 11.15			3	1
Canyons Area Parcel 22	0	None for Sale				0	0
Timberwolf Estates	0	None for Sale				0	0
TOTAL	28					5	1

* reflects total sales since 1/1/2010

For More Information on Park City and Deer Valley Homes contact:
Michael Lapay
Prudential Utah Real Estate
Mobile: 435-640-5700
Toll Free: 888-410-7653

mlapay@pureparkcityrealestate.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.

http://www.pureparkcityrealestate.com/00B869

Posted on April 08, 2011 17:35:56 by Michael Lapay

2010 Western Mountain Resort Alliance Year End Stats

Other Western Mountain Ski Resorts are Experiencing a Market Similar to Ours

Representatives from the Park City Board of REALTORS® attended the annual winter meeting of the Western Mountain Resort Alliance (WMRA) in January which was held in VAile Colorado. The meeting, as always, was interesting and informative. The main take-away from the meeting is that other Western Mountain Ski Resorts are experiencing a market similar to what we are experiencing in Park City. Other than Whistler, all resorts reported an increase in the number of sales in 2010 compared to the number of sales in 2009. In general, this corresponded to an increase in dollar volume (Summit County Colorado was flat) but the percentage increase in number of sales surpassed the percentage increase in dollar volume, meaning that average prices were lower. The two exceptions for this were Whistler and Vail, where average prices actually increased. However, Vail's increase was from the closing of a number of new high-end developments where the units were contracted in the better markets of 2006 thru early 2008, and finally closed last year.

2011 WMRA Winter Meeting in Vail, Colorado

#1 Compare 2010 Sales to 2009 Sales:

Tahoe/Truckee Up 28% in dollar volume and up 33% in number of transactions

Sun Valley** Up 20% in dollar volume and up 24% in number of transactions

Park City** Up 16% in dollar volume and up 26% in number of transactions

Whistler** Up 6% in dollar volume and up 6% in number of transactions

McCall** Up 3% in dollar volume and up 24% in number of transactions

Big Sky Up 21% in dollar volume and up 42% in number of transactions

Crested Butte Down 5% in dollar volume and up 7.5% in number of transactions

Summit County, CO Flat in dollar volume and up 6% in number of transactions

Vail Up 67% in dollar volume and up 33% in number of transactions

Steamboat Up 17% in dollar volume and up 18% in number of transactions

(**) Disclosure: Undisclosed sales are reported at 95% of list price

#2 Distressed Sales in 2010 vs 2009:

Tahoe/Truckee Number increased in 2010: 27% of all Single Family Home sales distressed, 36% of all condo sales distressed

Sun Valley 30+% in Haiely and Belleview, 5% or less in Sun Valley and Ketchum

Park City Numbers increased in 2010: Approximately 30+% of all sales distressed in 2010

Whistler Numbers increased in 2010: Although still only about 5% of the market

McCall Nearly half of all transactions (48%) were of distressed properties

Big Sky 15% of 2010 transactions were of distressed properties. Cannot compare to 2009 due to lack of data available

Crested Butte Numbers increased in 2010: With about 25% of all sales being of distressed properties (mostly foreclosures with just a few short sales)

Summit County, CO Numbers increased for 2010 but percentage of sales not indicated

Vail Numbers increased in 2010 but percentages of sales not indicated

Steamboat 22% of transactions in 2010 were of distressed properties, numbers not tracked in 2009 for comparison

#3 Prices Stable, Declining, Increasing:

Tahoe/Truckee Prices declining: Median price down 12% comparing 2010 to 2009

Sun Valley 2010 saw prices declining although signs there may be stabilization in certain areas

Park City Prices declining: Median price down 2.9% comparing 2010 to 2009. Signs are that some areas and some markets may be stabilizing or even increasing

Whistler Prices increasing with average price up 13% in 2010 compared to 2009

McCall Prices appear to be stabilizing

Big Sky Prices still declining although perhaps approaching bottom

Crested Butte Prices still declining

Vail Prices still declining slightly

Steamboat Prices declined 1% per month per 2010. Prices still declining with prices being driven by distressed properties

For More Information on Park City and Deer Valley Contact:
Michael LaPay, Associate Broker
Prudential Utah Real Estate
Mobile: 435-640-5700
Toll Free: 888-410-7653

mlapay@pureparkcityrealestate.com

http://www.pureparkcityrealestate.com/00B826

Posted on March 24, 2011 13:25:52 by Michael Lapay