Park City & Deer Valley

Park City Home for Sale with Spectacular Ski Run Views

Risner Ridge in Park Meadows

In-Town Living at Its Best....

Conveniently located in the highly sought after Risner Ridge subdivision of Park Meadows, Park City, UT. This spacious and sunny home features soaring vaulted ceilings and an abundance of windows, which dramatically frame Park City and Deer Valley Resort's ski runs. Upon entering the residence, you are immediately greeted with an inviting atmosphere letting you know you are home. The kitchen is equipped with double ovens, a five-burner stove, a SubZero refrigerator and plenty of prepstations.

Owners will enjoy the ease of entertaining family and friends, as the rooms and outdoor deck and patio area flow seamlessly together. A floor-to-ceiling, see through fireplace grounds the great room and dining area, as is sure to be a focal point.

At approximately 4430 square feet there is plenty of room for everyone. The master suite enjoys a fireplace, vaulted ceilings, private deck with sweeping views. The lower level walk-out features a one bedroom caretaker or mother-in-law lock-out apartment.

This is a wonderful family neighborhood in Park City.

Offered at $1,100,000.

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

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

Promontory The Shed

A Nostalgic Treat for All Ages / Where Creative Minds Meet

The Shed: You Scream, I Scream, We All Scream for Ice Cream!

Remember the good old days when you could get a frosty cold malt or egg cream at the soda shop? At The Shed, you can share this experience with your kids or grandchildren for a nostaligic treat. In the center of The Shed you will find an old fashioned soda fountain complete with 'belly-up to the bar" stools. Soft-serve ice cream as well as frozen yogurt and smoothies for those trying to stay in shape are other choices to satisfy the sweet tooth. The kids will have fun playing pinball, Pac-man or bowling in the Games Arcade a perfect match after ice cream.

In the mornings, you can enjoy the newspaper with a hot cup of coffee and fresh pastries, or unwind later in the day with a frosty cold beer and vistas of the expansive ski mountain views through our three-story high windows. The Shed Soda Shop ... coming Summer 2012!

The Arts & Crafts Movement Comes to Promontory

The Shed Art Studio will inspire your creative side with floor-to-ceiling windows and skylights. A striking focal point, a large suspended metal sculpture centerpiece, will enhance this sun drenched room and sparkle year round.

Painters and craft lovers of all types will love utilizing this artful space. There will be a kiln and potters wheels for those who enjoy ceramics and like to throw pots, then paint and glaze vases and plates. Painting as well as other crafts projects will be offered for all skill levels. One member even mentioned starting a knitting circle how perfect to create neck mufflers and a great way to catch up with friends! The Shed Art Studio will also double as an artistic special occasion catering space and will be available for Member private parties. The Shed Art Studio ... coming Summer 2012!

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

Park City Mountain Lifestyle Newsletter

Late Summer 2011

Park City Market Update

Optimism Park City's Real Estate Markets

Park City's long, warm, easy-going summer days are a welcome balance to the winter's sealous snow and speed. There's no place quite like it anywhere in the world and it's impossible to not fall in love with the natural beauty and small town ambiance. This summer, the pervasive sense of optimism is mirrored in the local real estate economy and is backed up by reliable numbers. The summer of 2011 is proving to be part of the trend of steady real estate recoveries in sales, prices and inventory that began last winter.

A quick comparison of this years statistics to last years confirms what most experts have purported: that the market is on the rebound. Year-to-date 2011 compared to year-to-date 2010, pending sales volume in the Park City Board of Realtors Multiple Listing Service has improved by 20% overall. Sales volume of single-family homes is also up almost 20%, while standing inventory has fallen by over 13%. Perhaps the most meaningful improvement is the gains made in the number of sales of vacant building lots, which has increased a whopping 58% since this time last year!

"Its no mystery why 'New Home Starts are considered one of the most fundamental indicators of our economys health," says Christine Robinson, Senior Vice President and Principal Broker of Prudential Utah Real Estate. "When new construction returns after an economic slump, the financial benefits bring renewed life to the whole community. The rise in vacant land sales is a clear indicator that Park Citys real estate market is on the mend in a big way." As further evidence, Mark Fisher Development has presented a bold plan to redevelop the Bonanza neighborhood in central Park City and Boyer Group has broken ground on their much-anticipated Tech Center office complex at Kimball Junction.

Park Citys economic foundations are showing strong gains too. When compared to Vail, Aspen, Whistler, Sun Valley, or Tahoe, Park Citys hotel room occupancy statistics show the strongest increases over 2010 numbers with an upswing of 190,000 visitor nights. Accordingly, attendance at key local events such as the Sundance Film Festival, Park City Performing Arts Foundation concerts, and the Park City Arts Festival showed encouraging growth. "All the fundamentals are in place for Park City to lead the way in ski resort economic recovery," says Steve Roney, owner and CEO of Prudential Utah Real Estate. "This may very well be the last season of great deals in real estate for the Park City area. Nearly all the trade and industry indicators are pointing in the right direction, which will translate to increased demand and higher prices." For Park City residents who have been waiting for that right moment to sell their home and purchase a new one, now is the time. For people considering a vacation home in Park City, the ease of accessibility to three world-renowned resorts just knocks the competition out of the ring.

We invite you to revel in our spectacular summer in the mountains. Festivals of all kinds are scheduled for every week and relaxed outdoor dining and activities abound. Please feel free to give us a call - wed love to show you our favorite trails as well as our favorite real estate listings!

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

Announcing The Shed!

A Gathering Place for Casual Fare

Press Release via Promontory Club

Promontory, the premier Park City private family community is pleased to announce the groundbreaking for its newest Clubhouse and family activity center The Shed.

The Shed will be a 'kick-back' place, located at the western edge of Promontory Ranch Club Compound, just across the 9th Fairway of the Dye Course. It will serve as Promontory's 'unofficial headquarters' for casual fare and good clean fun!

Scheduled Grand Opening: Summer 2012!

The Shed will include the following:

• Relaxed Family Dining with a Soda Fountain

• Billiards and Arcade Games

• General Store and Mailbox Center

• A 50-Seat Theatre

• An Arts & Crafts Studio which may be used as a private dining venue

• View Deck with Spectacular Vistas

• Two Bowling Lanes

• Gymnasium for Indoor Sports

• Outdoor Amphitheatre

Promontory offers an array of amenities unrivalled by any other recreational community in the country.

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