The Colony - The Colony in The Canyons Resort

The Colony at The Canyons Resort

The Colony

The Colony Offers the Largest Ski-In/Ski-Out Homesites in North America." There is nothing quite like The Colony. The Colonys' winning combination of natural beauty, size, privacy, and terrific skiing from the front door has attracted some of the most discerning buyers to Park City from across the nation. The Colony, is a ski-season playground and when the snow melts, you have easy access to some of the best hiking and biking trails in Utah.

Quick Facts

Total Units: 260

Location: Located within The Canyons® Resort

Property Type: Custom Ski-in/ Ski-out Homesites and luxury resale residences

Location

It is a private, gated community located in Park City, with the largest ski-in/ski-out homesites available. Widely acknowledged for setting the new standard in on-mountain living, this 4600-acre "ski-ranch" offers private ski retreats like no other. The Colony is minutes from the world-class resort town of Park City and only 30 minutes from Salt Lake International Airport. Such beauty, space and privacy, makes The Colony a rare and special place to establish a private alpine ski retreat. The Colony is a glorious gathering point for family and friends.

Homesites

Homesites in the latest phase average 8-acres and only at The Colony do you have the opportunity to build your mountain dream together with a separate guest-house and accessory building on the ski slopes. Over the past year, real estate sales volume for The Colony has set new records. The latest release of homesites is located just above the entry gate and is within the best ski pod on the mountain. The demand is high and availability is limited.

Honorable Mentions

• The Colony has just received the first ever "Responsible Development Award" from Mountain Living Magazine.

• USA Today referred to The Colony as a "Winter Wonderland"

• The Wall Street Journal said it is "one of the most unusual real estate projects in the west."

Click Here to View Properties for Sale at The Colony at The Canyons Resort

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

Canyons Resort Announces Two New Restaurants

With the recent expansion of the Canyons terrain,

there will also be some changes foodies are sure to enjoy.

Canyons Real Estate

Talisker recently announced they will be opening the first Glatt Kosher restaurant in the Silverado Lodge Bistro at Canyons with Talisker's executive chef John Murcko. They will be preparing to-go kosher breakfasts and lunch, and on Friday evenings and Saturday afternoons they will offer the traditional Sabbath meals with in-house dining. They also plan to offer kosher meal services for families on vacation that are visiting the resort. Located directly next to the Bistro in the Silverado Lodge is an Orthodox Synagogue.

On December 8th, 2011, the Hyatt Escala will debut their brand new restaurant, the Hyatt Escala Provisions Company, and it's all about comfort. It will be a restaurant, bar and a grab-and-go from the kitchen's little market all rolled in to one! The idea is to allow hotel guests and owners to choose between enjoying the open-air kitchen and comfortable atmosphere, or buy food to prepare in their private kitchens. The hotel is offering a shopper program, a new feature where the grocery shopping id sone for the guests before they arrive. Executive chef Amanda Buchanan, from the Hyatt Regency Atlanta, brings a menu of modern comfort food with an emphasis on local ingredients.

Canyons Resort has an array of real estate opportunities available from ski-in/out condominiums to single family residences in The Colony. If you're looking to purchase or sell real estate in the Canyons 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

mlapay@pureparkcityrealestate.com

http://www.pureparkcityrealestate.com/00BE05

Posted on November 29, 2011 15:01:54 by Michael Lapay

Posted in Team Information, 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

The Colony at White Pine Canyon Statistics Update

The Colony at White Pine Canyon

Park City, Utah

October 4th, 2011

Overview

• Over 50% of Canyons ski terrain is Colony Nine of 19 lifts are on Colony property

• There are 274 homesites approved on approximately 4600 acres, and to be constructed in five phases

• The average size of the lots is five acres

• The first release of the homesites was in 1998

• HOA dues are $11,000 annually

• 16 miles of paved roads with all utilities underground

Homesites

• 173 have sold

• 197 homesites are currently platted and recorded

• 77 remaining entitlements

Single Family Residences

• 109 homes are built or under construction; Owners may build a main home (no minimum or maximum square footage), a guest home (2500 square foot footprint) and an accessory building. Some homesites allow for horses. The designated buildling envelope is approximately 20,000 square feet.

AVAILABLE FOR PURCHASE

Homesites

• There are currently 42 homesites listed for sale; 24 of the lots are developer owned. The price ranges from $895K to $4.495M. Four lots have sold in 2011, with a price range of $1.235M to $1.4M ($1.319M average sales price).

Single Family Residences

• There are 12 homes currenlty listed for sale. They range in price for $4.25M to $26.2M. There have been eight homes that sold in 2011, with a price range of $3.795M to $6.95M. The median sold price is $4.3M with a median price/SF of $605.

Buyer Demographics

1. California (25 - 30%)

2. Florida

3. Illinois

4. Texas

5 Park City / Salt Lake City (TDRs, Builder, Spec)

6. New York / New Jersey

7. Nevada

8. Arizona / Hawaii / Missouri / Pennsylvania

Financing

Iron Mountain Associates offers sellers financing for a 3 year term, interest only payable quarterly with a balloon due at maturity. 30% down, 6% fixed rate interest, no prepayment penalty, no points or orgination fees.

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/00BD25

Posted on October 10, 2011 15:27:28 by Michael Lapay

Posted in The Colony, Deer Valley & Park City Real Estate

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