Park City & Deer Valley

A Spectacular Park City Home for Sale

Situated to Enjoy All of Park City

One step into this beautifully-appointed home and you get a glimpse of the breathtaking panorma of the Deer Valley and Park City resorts, which hint that you are in the ideal house to enjoy all that this amazing area has to offer. Passing the first bedroom and bath, you can walk down the vast curved staircase or take a ride on the elevator just located off the large mudroom.

Once on the main level, the floor-to-ceiling windows reveal the full-mountain view. A maginificent floot-to-ceiling stone fireplace balances the room between modern elegance and the perfect mountain retreat you've seen beore, only in your mind's eye. The area is welcoming with its vaulted ceilings and snow-free, heated patio that offers even better views of Main Street from its railings. The bright, gourmet kitchen is fully equipped with top-of-the-line appliances, granite counters, a substantial-sized island and plenty of prep-stations. The dining area takes full advantage of the views, and the great room provides the perfect area to sit by the fire or entertain.

Beyond is the luxurious master suite a private haven featuring more large windows that allow in the natural light and give another perspective on the expansive view. The spa-like master bath features an air tub, a large glass-enclosed steam shower, his-and-her vanities and a lavish walk-in closet. This is just one of the seven bedrooms and nine baths that are appointed for relaxation and personal space.

One floor down, again either via the curved staircase of elevator, the home opens into the family room, which includes a full wet bar, a climate-controlled wine cellar, gorgeous built-ins, four additional bedrooms, three baths and access to another outdoor patio area, also heated, and featuring a hot tub to soak away a day of skiing, hiking or biking. This generous-sized living area is perfect for a hangout or game room. Down another quick jaunt of stairs is the seventh well-appointed bedroom suite, and what normally would be the end of a magnificent home.

But instead a door opens to a room that must be seen to be appreciated. A two-story tall pool room housing an approximately 30 x 50 foot indoor pool with spa tub. The sun ports/skylights fill the open space in a natural glow that shows off the sophisticated features a changing room, dry sauna, shower, powder room, sink and cooking range. And yet another door takes you to an additional spacious living area and a grand theater room that seats 16 people to conclude a house that offers everything.

At approximately 11,418 square feet, this home is impressive in every way without being overwhelming. It is accommodating to anything you desire living space, entertainment, recreation, location and breathtaking views; and just one stop sign away from Main Street and its annual Sundance Film Festival and a few minutes drive from you choice of three world-class ski resorts.

This is truly the one home that absolutely does it all!

Offered at $3,975,000.

Park City has an array of real estate opportunities available from condos, single family residences, and homesites, including ski-in/ski-out properties.  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 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.

One-of-a-Kind Stunning Mountain Contemporary Home

Effortless Entertaining in an Inviting Atmosphere

Situated in Park City's April Mountain subdivision, just minutes to Deer Valley Resort and Historic Main Street. This stunning home enjoys views of the mountains, ski views and Empire Pass. Upon entering the main level you immediately feel at home, from the open and spacious floor plan to the abundance of floor-to-ceiling windows and soaring vaulted ceilings. The sunny and warm great room welcomes you with an inviting atmosphere a place where comfort and luxury meet.

The lower level maintains this feeling with its cozy and intimate setting by offering a comfortable space for great conversation. Off to the side of the lower level family room is a kitchentte for preparing quick hors d'oeuvres while entertaining family and friends. An additional bedroom suite is lcoated at the other end offering a private haven for guests.

The spacious master suite, perfectly situated on the main level, offeres ample space for privacy and relaxation. This suite features a luxuriuos master bath with a steam shower and air tub, which is perfect for unwinding after a full day. There is also a private deck for enjoying the ski run views or the incredible sunsets.

This extraordinary Park City residence also boasts a complete apartment with a private entrance and patio. It's a wonderful space for a mother-in-law apartment or long-term renter.

At approximately 5825 square feet, five bedrooms, and six baths, this one-of-a-kind Park City real estate offers plenty of room for everyone.

Offered at $2,350,000.

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.

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