The Links At The Homestead - The Links At The Homestead

The Links at The Homestead

The Links at the Homestead Golf Community

The philosophy was simple. Create a community inspired by the legendary, four-season lifestyle of the Wasatch Mountains - one that offers its residents exclusive access to nature's playground right out their front doors. The Links at the Homestead. A collection of 57 five to six bedroom timelessly crafted homes situated on The Homestead's championship golf course in the heart of charming Midway, Utah. Homes include main floor master suites. Homeowner amenities include a private entertainment pavilion and pool.

Quick Facts

Total Units: 40 homes

Location: On the 11th fairway of the Homestead Golf Course in Midway, Utah

Property Type: Affordable luxury Single Family Homes and Homesites in a golf community

Location

Considering the idyllic natural setting, it's easy to forget that Midway is located only an hour from Salt Lake International Airport, and minutes from Park City's unrivaled selection of recreation, dining and entertainment attractions. Once known only by a select few, Midway is fast becoming a world-class, four-season destination. With an inviting foothill location, Midway represents a true celebration of the mountain lifestyle where family and tradition are valued in the highest regard.

Amenities

Residents of the Links at The Homestead are awarded with 90-holes of championship golf just minutes from their home. In addition to the adjacent Homestead's inspiring course, residents can challenge themselves on four other breathtaking layouts. Both the Wasatch State Park and Soldier Hollow golf facilities offer 36-holes of uncompromising beauty and play sure to test even the most skilled of players.

Click Here to View Properties for Sale at The Links at The Homestead

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

Zermatt Owners Buy The Homestead

Combined, The Midway Resorts can Now Host Groups as Large as 1,000

Legacy Resorts Management, the entity created to save Zermatt Resort from its debt load last summer, purchased the Homestead Resort across the street last Friday.

Legacy now owns both properties on the west side of Midway and co-managing partner Steve Eddington said that will allow the sharing of staff and assets. Guests and homeowners at Homestead will have access to Zermatt's conference space while Zermatt guests and owners will have access to the golf course and crater. Both resorts have one restaurant or more and a spa.

The combined resorts give Legacy the ability to host groups as large as 1,000 people, he said.

Legacy intends to preserve the unique theme and personality at each resort, but combining the staff means the service level at The Homestead will be raised from three diamonds to Zermatt's four diamonds, he said.

The resort was purchased from the Shanons who had been seeking a buyer for some time. Eddington said Legacy had been eyeing Homestead for awhile but only put down earnest money 60 days ago.

The Homestead's décor pays homage to its founding 125 years ago, and The Zermatt is Swiss-themed in honor of the area's Swiss immigrants.

"Both are steeped in their own wonderful traditions. We'll make them even better going forward," he said. "They are absolutely complementary to one another."

Eddington said Legacy is not foreseeing any lay-offs in the transition, but that the "best of the best" from each resort will be combined to create a level of service fit for a four-diamond rating.

The new access to amenities makes this a win-win for homeowners, he said.

Michael Henke, Midway city planner, said he's relieved that Legacy has agreed to adopt the development master plan worked out with the former owners.

They also plan to upgrade some of the facilities, which is good news, Henke said. The former owners had been trying to sell for nearly a decade and had kept the resort operating, but not much more. Some of the amenities need to be updated, and Legacy has expressed an intention to do that on their own time frame, he added.

by Andrew Kirk OF THE RECORD STAFF : The Park Record

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

http://www.pureparkcityrealestate.com/00B42A

Posted on November 24, 2010 14:32:40 by Michael Lapay

Posted in Golf Communities, Deer Valley & Park City Surrounding Area Real Estate, The Links At The Homestead

Prudential Utah Real Estate - Recent Sales and Newly Pending Sales - Updated November 2nd, 2010

Prudential Utah Real Estate Park City

Recent Sales & Pending Sales

Updated November 2nd, 2010

Newly Under Contract	Unit / Lot #	Subdivision	Bed	Bath	Sq Ft / Acres	List Price	Date Sold
Deer Valley Dr	B304	Courchevel	1	1.5	912	$315,000
N Lillehammer Ln	4305	The Lodges at Bear Hollow	3	2	1330	$299,999
Norfolk Ave		Old Town	3	2.5	1900	$1,050,000
S Beaver Ranch Rd	Lot 1308	Timberlakes Area			1.14 Acres	$149,950
Ridgepoint Dr	120	Ridgepoint	3	2.5	2137	$675,000
Station Loop		Blackhawk Station	3	2.5	1800	$360,000
Woodside Ave	445	Quitten Time	3	3	1586	$545,000
Oak Wood Dr	Lot 56	The Oaks at Deer Valley			0.48 Acres	$799,000
Red Tail Ct		Bald Eagle Club	6	9.5	9311	$10,900,000
Bitner Rd	0-17	Canyon Creek	2	2	1035	$179,900
Angus Ct		Ranch Place	5	3	3262	$849,000
Homestake Rd	345-U	Claimjumper	4	3	1260	$299,900
W Snowtop Ct		Snow Top	5	5.5	9528	$3,399,900
Palomino Tl		Bison Bluffs	4	4	5264	$1,295,000
Yamaha Ct	87	Racquet Club	3	3.5	1430	$359,000
W Fox Hollow Ln	G-2	Fox Point at Redstone	2	2	1038	$189,900
E Cliffrose Ct	Lot 33	Promontory			1.19 Acres	$229,000
TOTALS						$21,934,749

Newly Closed	Unit / Lot #	Subdivision	Bed	Bath	Sq Ft / Acres	List Price	Date Sold
Bear View Dr	Lot 10	Cedar Draw Estates			1.42 Acres		10.22.10
W Deer Hill Rd		The Preserve	6	8	8098	$3,200,000	10.26.10
Happiness Tl		Midway & Charleston Area	3	2	1674	$185,000	10.25.10
Pointe Rd	J-12	Pinebrook Pointe	2	2	1232	$239,000	10.28.10
Woodland View Dr	Lot 3	Alta Vista			0.66 Acres	$1,058,500	10.27.10
Deer Valley Dr E	C202	Lodges at Derr Valley	2	3	1407	$598,885	10.27.10
Three Kings Dr	4201	Silver Star at Park City	3	3.5	1985	$1,099,000	10.29.10
Sidewinder Dr	829	Prospector Square Condos	0	1	346	$89,750	10.27.10
W Silver Springs Rd		Southshore	4	3	2825	$599,000	10.28.10
N Deer Valley Dr	401	Chaparral	2	2	1242	$519,000	10.27.10
Meadowview Ct	C-13	Pinebrook Pointe	2	2	945	$209,800	10.29.10
Deer Valley Dr E	6215	Silver Baron	2	3	1685	$760,000	10.28.10
TOTALS						$9,295,385

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/00B31B

Posted on November 02, 2010 15:37:59 by Michael Lapay

Canyons Golf Course Press Release

Summit County & The Canyons Launch The Canyons Golf Course

Golf Course has Estimated Completion Date of August 2013

Summit County, UT At a much-anticipated ground breaking on September 21, 2010, Summit County and The Canyons jointly announced the launch of construction on a long-planned golf course at The Canyons Resort. Elected officials, dignitaries, and staff from Summit County, The Canyons, Talisker and the Resort Village Management
Association gathered to celebrate the beginning of construction on The Canyons Golf Course, and praise the cooperation among these organizations as well as the property owners that made the golf course project a reality.

The golf course has been planned since Summit County approved a development plan for The Canyons area in 1999, and was originally expected to be open by 2002. A change of County government in 2009 and the purchase of The Canyons by Talisker Corporation in 2008 facilitated renewed effort to complete the golf course project. Officials
say the timing of the project has allowed for a masterful project plan.

"Since we bought The Canyons two years ago, we, together with Summit County and the RVMA, focused on alternative solutions to the obstacles of the past. With great cooperation, we all succeeded and now we move forward to get the golf course built," said Jack Bistricer, CEO of Talisker, owner of The Canyons. "Together with the new trails,
fantastic new lifts, restaurants and snowmaking, The Canyons is well on its way to becoming one of the very best all-season mountain destinations in the country."

The course will be constructed by The Canyons Golf Club, LLC, beginning in September, 2010 and is expected to be completed in August of 2013.

"We got it done. A golf course will make The Canyons a four season resort," said Summit County Manager Bob Jasper. "This project would not be possible without the outstanding cooperation of this community of individual land owners, the RVMA, and the leadership teams at Summit County and Talisker."

The environmentally sensitive 18-hole golf course, designed by award-winning golf course designer Gene Bates, will be open to the public. It is expected to be a significant asset to Summit County, increasing the year-round appeal for tourists to visit the area and providing additional recreational venues for residents. Although The Canyons has
generated strong winter season tax revenue for many years, economic analysis dictated that a golf course was essential to create a four-season mountain destination. County leaders hope the construction of the golf course will contribute to economic momentum for the County to include increased visitation and tax revenues, and Summit
County jobs.

Summit County is an 1880 square-mile region known for the quality and variety of its natural environment, recreational and cultural identities. With a population of approximately 40,000 spread over three distinct geographical areas, Summit County is a partnership of small communities that make up a richly diverse region blending agriculture, ranching, and tourism.

The Canyons, a Talisker mountain destination, offers 4,000 acres of exceptional skiing and snowboarding terrain, 176 trails, 5 world-class lodging properties including 35,000 square feet of flexible meeting space and a variety of dining options. Salt Lake City International Airport is just 35 minutes away and provides unparalleled access from anywhere in the world.

For More Information on Park City and Deer Valley Contact:
Michael Lapay
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.

http://www.pureparkcityrealestate.com/00B0DD

Posted on September 22, 2010 18:40:03 by Michael Lapay

Western Mountain Resorts First Quarter Sales 2010

Park City, Utah Ranks Second in First Quarter Sales

As they say, it's so convenient to travel to Park City from anywhere in the states.

You can hop on a plane in the morning and being on the golf course or ski slopes in the afternoon.

Why wouldn't one want to live and vacation here!

		ASPEN***	WHISTLER*	PARK CITY**	STEAMBOAT	SUMMIT CO	SUN VALLEY**	TELLURIDE	TETON**	VAIL	McCALL**	GRAND CO
Active Listings	Homes		168	927	470	505	470	132	260	697	492	848
	Condos		571	791	413	873	380	253	173	791	133	485
	Land		102	850	736	347	290	147	222	283	1,154	832
	Other		92	135	504	271	154	112	56	411	93	96
	Total		932	2,703	2,123	1,996	1,294	644	711	2,182	1,872	2,261

Units Sold	Homes		22	114	29	68	36	12	25	70	72	37
	Condos		41	133	33	91	31	23	18	145	14	33
	Land		3	46	11	15	7	4	4	13	37	14
	Other		13	8	33	14	3	19	2	17	2	0
	Total		79	301	106	188	77	58	49	245	125	84

Total Volume Sold	Homes		$34,067,000	$124,604,450	$21,152,250	$50,301,222	$25,970,081	$39,960,000	$52,587,750	$136,826,900	$18,285,477	$14,202,375
	Condos		$27,654,000	$152,500,289	$19,707,920	$31,952,569	$17,345,800	$25,914,500	$22,124,100	$135,220,334	$1,829,344	$6,473,065
	Land		$2,970,000	$13,894,910	$7,675,600	$8,078,025	$5,084,000	$1,980,000	$2,650,000	$3,509,000	$2,119,743	$1,930,450
	Other		$2,005,500	$685,900	$14,907,725	$479,500	$474,000	$3,897,000	$575,000	$23,724,500	$512,000	$0
	Total	$0	$66,696,500	$291,685,549	$63,443,495	$90,811,416	$48,873,881	$71,751,500	$77,936,850	$299,280,734	$22,746,564	$22,605,890

Average Sale Price	Homes		$1,548,500	$1,093,021	$729,388	$739,725	$721,391	$3,330,000	$2,103,510	$1,954,670	$253,965	$383,848
	Condos		$674,488	$1,146,619	$597,210	$351,127	$559,542	$1,126,717	$1,229,117	$932,554	$130,667	$196,153
	Land		$990,000	$302,063	$697,782	$538,535	$726,286	$495,000	$662,500	$269,923	$57,290	$137,889
	Other		$154,269	$85,738	$451,749	$34,250	$158,000	$205,105	$287,500	$1,395,559	$256,000	$0
	Total	$0	$844,259	$969,055	$598,524	$483,039	$834,726	$1,237,095	$1,590,548	$1,221,554	$181,973	$269,118

* In Canadian dollars

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

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

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

Posted on June 08, 2010 17:12:38 by Michael Lapay

Posted in Golf Communities, Ranch/Equestrian Communities, Park City Mountain Resort, The Preserve, Wolf Creek Ranch, High Valley Ranch, Deer Valley & Park City Surrounding Area Real Estate, Deer Valley Resort, St. Regis, Flagstaff Deer Valley, Silver Strike Lodge, The Grand Lodge, Bannerwood, Nakoma, Red Cloud, Deer Crest, Snow Top, The Canyons Resort, The Colony, Fairway Springs, Juniper Landing, Dakota Mountain Lodge, Miners Club, Escala Lodge, Sunrise at Escala, Silverado Lodge, Vintage on The Strand, Silver Star at Park City, The Lowell, Tuhaye-Talisker, Victory Ranch, Promontory Ranch, Glenwild, Fairway Springs, Juniper Landing, The Links At The Homestead, Turnberry Woods, Midway Village, Residential Developments, The Last Sun At The Cove, Les Chateaux DuVal, Parkwood Place, Courtyards at Pinebrook, Black Rock Ridge, Newpark Hotel Condominiums, The Cove Estates, Fractional Ownership, The Sky Lodge, Red Stag Lodge, The Montage Deer Valley, View Foreclosures

End of Home Buyer Tax Credit

Unlikely to Deter Park City Real Estate Buyers

Trends in Utah underscore national survey data showing consumers more

concerned about home prices, interest rates and unemployment

Press Release

PARK CITY, UT - The expiration of the 2010 Home Buyer Tax Credit on April 30th, 2010 is unlikely to put off Park City residents or visitors looking to purchase homes, according to Prudential Utah Real Estate. This reflects the results of a new Prudential Utah Real Estate and Relocation Services, Inc, a Prudential Financial, Inc [NYSE: Pru] company, national survey which reveals that consumers believe now is a good time to buy and are confident that home prices will rise. The survey of 1,000 Americans between the ages of 25 - 64 with at least $35,000 household income was conducted during April 15th - 20th, 2010.

In the national survey, more than 90 percent of consumers believe that the home buyer tax credits have helped both first-time buyers and the US housing market overall. Among consumers actually shopping for homes, 65 percent believe that the end of the tax credits will have little or no effect on their interest in purchasing a home.

While consumers remain unsure about the direction of the housing market, the survey reveals that they are optimistic about real estate values with 46 percent of consumers expecting real estate prices in their area to increase over the next year. Just 12 percent expect prices to decline. Over the next five years, 79 percent expect real estate prices to increase, with 20 percent expecting that prices will increase substantially.

"The federal home buyer tax credits clearly played an important role on a national level in getting the real estate market moving again," said Steve Roney, Chairman and CEO of Prudential Utah Real Estate. "The survey data shows that overall consumers believe the market has hit bottom and are more optimistic about the future."

Survey respondents identified concerns about rising mortgage interest rates and the national unemployment rate as the most important factors affecting decisions to purchase homes, along with more stringent lending criteria and fewer mortgage-backed securities pruchased by the Federal Reserve. The expiration of the tax credits placed lowest on their list of concerns. Among those who have recently purchased a home, 61 percent cited low mortgage interest rates as "very important" to their decisions an amount greater than either the tax credit or even cheaper prices. The 66 percent expecting interest rates to rise underscores potential headwinds for the market.

Despite the significant downturn in the real estate market, the survey underscores that the dream of home ownership and the perception that owning a home is a good investment remain intact. Among current renters, 75 percent sill believe owning their home is a better long-term choice than renting. The majority of consumers also believe that homeownership is a better investment than individual stocks or bonds (75%), mutual funds (72%), or savings accounts (74%).

"While the tax credits clearly helped stimulate the market, the more pressing concerns of people looking at homes in the Park City area are the availability and cost of financing, as well as if they are getting a good deal," added Roney. "Despite the market downturn, consistent with the national survey data, tha majority of our clients are more confident and, importantly, continue to believe that owning a home is a good investment."

The Prudential Real Estate Outlook Survey was conducted online. The margin of error is +/- 3 percent. A more detailed breakdown of the data is available, as well as supporting charts and visuals, at www.news.prudential.com.

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 is subject to change without notice.

http://www.pureparkcityrealestate.com/00AAF3

Posted on May 11, 2010 19:30:59 by Michael Lapay