Canyons Acreage Auction Tuesday, March 27, 2012, Park City, Utah - 03/26/12 10:58 AM
Approximately 1,000 acres in 53 parcels, currently owned by Wolf Mountain Resort will be auctioned on Tuesday, March 27, 2012.  The acreage is under Canyons ski lifts and stretches from Canyons Drive to the top of Canyons Resort. Parcels of land range from less than 5 acres to more than 300 acres.  The proceeds of the auction will be used to pay down a $54.5M judgment against Wolf Mountain by ASC, Utah. 
Representatives of Talisker will attend the auction and possibly bid, as there is an immediate impact on their Canyons Resort.  Talisker currently owns 13,000 acres in Summit County. 

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New Video of a Condominium For Sale At Park Station in Park City, Utah - 03/26/12 10:42 AM
Enjoy this spacious 2 bedroom/2 bath condominium at Park Station in Park City, Utah.  Located in the historic “Old Town” District of Park City just a few steps from Main Street and close to all restaurants, shops, and the Town Ski Lift. 
This condominium comes fully furnished, including flat screen TV, wireless, and great ski décor.  Rated as one of the best properties in the rental pool with exceptional rental history, on the ground floor and close to common area amenities and a peaceful stream 

Value priced at just $349,800.  View the virtual tour at http://www.parkstation.216.com
 
For additional information … (0 comments)

New Video of Waldorf Astoria at Canyons, Park City, Utah - 03/19/12 09:04 AM
The Waldorf Astoria at Canyons Ski Resort in Park City, Utah is one of the top luxury hotels/residences in the Park City area. The hotel/residences are a short 30 minute drive from Salt Lake International and offer stunning views of the Wasatch Range.  Enjoy skiing the 4,000 acres of terrain at Canyons which you access via the dedicated Frostwood lift that transports you directly to The Village and the orange bubble chair and gondola.  The ski-butlers will have your gear ready at the lift. The Canyons Golf Course will be completed in 2013 and surround the area. 
 
If you wish … (0 comments)

Luxury Home “Best Buy” in Deer Crest, Park City, Utah - 03/14/12 04:23 PM
Located in the prestigious Deer Crest area of Deer Valley is a Luxury Home “Best Buy”.  This Luxurious home is ski-in/ski-out and comes fully furnished with possible seller financing. The home has 7 bedrooms, 10 baths in 8,961 sq. ft.  The dramatic great room offers a floor-to-ceiling fireplace, the gourmet kitchen with vista bar and butler’s pantry, with temperature controlled wine tasting room and state of the art audio system.  The price has been reduced from $6.2M to $5.4M with the potential of Seller Financing. 
There are currently 14 Luxury Homes available in Deer Crest ranging from $3,995,000 to $22,995,000. These … (1 comments)

Park City, UT Real Estate Statistics Through February 2012 - 03/14/12 10:04 AM
The Park City Board of Realtors statistics through February 2012 show that Gross Sales Volume of $132M was down 21% from the same period in 2011, though sales for the month of February were much stronger than January.  Overall pending sales are up 31% over February 2011, which should make for stronger sales in March and April. The number of available listings is down almost 25% from the same period in 2009, and distressed properties are having a minimal impact on the current market, as the inventory of distressed properties has been reduced considerably. 
Single Family Home Sales dropped to 48% … (0 comments)

Will Talisker Force Park City Mountain Resort to Shut Down? Park City, Utah - 03/14/12 08:22 AM
Park City Mountain Resort filed a lawsuit against Talisker Land Holdings to continue the right to use land occupied by some of Park City Mountain Resorts chairlifts and runs. Unless the dispute is resolved the future of the Resort is threatened. 
Talisker Land Holdings acquired the land with the purchase of United Park City Mines several years ago and Park City Mountain Resort has continued to pay the lease payments. In April 2011 the Resort confirmed in writing that our right to use the land was extended through April 2031 and paid the rent, which was accepted and cashed.  Talisker notified … (0 comments)

Barron’s Includes Park City, Utah in List of “20 Best Places for Second Homes” - 03/13/12 01:53 PM
The luxury second-home market appears to have stabilized and Barron’s has published its list of the “20 Best Places for Second Homes”.  Barron’s chose the Hamptons, New York as #1 on the list followed by Kauai, Hawaii; Martha’s Vineyard, Massachusetts; Kiawah Island, South Carolina and Vail, Colorado.  Park City, Utah was ranked #10. 
The luxury home and condominium market in Park City has seen prices decline over the last several years and there are several luxury “Best Buys” throughout the area.  There are deals in Wolf Creek Ranch, Deer Crest, Deer Valley, Empire Pass, The Colony at White Pine Canyon, and … (0 comments)

Forbes Ranks Heber City, Utah As The Fifth “Fastest Growing Small Towns” in America - 03/13/12 01:47 PM
Forbes recently ranked the “Fastest Growing Small Towns” in America and Heber City, Utah was number five, with population growth almost 15 percent from 2007 through 2010.  The population is approximately 23,530 and an unemployment rate of 6.6%.  Heber City is located in a beautiful mountain valley just a short drive from Park City, Utah and about 45 minutes from Salt Lake International Airport. The area features outstanding year-round outdoor recreation including golf, fly fishing, boating and water sports, plus skiing and other winter sports.  Summer temperatures a usually cool and pleasant, and Winter offers abundant snowfall for winter recreational.  The … (0 comments)

Luxury Condominium “Best Buy” at Canyons, Park City, Utah - 03/13/12 01:41 PM
Located in “Vintage On The Strand” at Canyons Ski Resort in Park City, Utah is a Luxury Condominium “Best Buy” that has had a substantial price reduction and is now a short sale. This 4 bedroom townhome has 5 baths and 3 fireplaces in 3,613 square feet, and has a detail rich European ski home feel with a chef’s dream kitchen. Recently priced at $2,200,000, this luxury condominium is now $1,600,000. 
We are not the listing agents, but we offer our expertise in bank owned, short sales and luxury real estate, if you wish to purchase this great deal.  For additional … (0 comments)

Need Cash? 62 or Older? Have Home Equity? A Reverse Mortgage May Be Right For You! - 03/06/12 04:03 PM
Reverse Mortgages can be a simple way for homeowners who are at least 62 year of age to access the equity in their homes.  Although is can be a simple method to get cash out of the equity in your home, everyone should have proper consultation and understanding before taking out a reverse mortgage.  Some of the Qualifications are:
 
Must be primary residence and borrower has to be at least 62 years old No income, FICO score, health and/or credit requirements New loan must be in first position on title Third-party consultation by HUD approved Counselor is required Some of … (0 comments)

Park City Has a New Kosher Restaurant at Canyons Ski Resort - Bistro At Canyons - 03/04/12 10:18 AM
Park City's Canyons Ski Resort has opened a new kosher restaurant, Bistro At Canyons, in the Lobby of Silverado Lodge in Park City, Utah. The only kosher restaurant in Park City and the first restaurant open all winter season at any ski resort, it is walking distance from all lodging properties at Canyons. 
The menu is mainly American cuisine, serving dinner throughout the week, with options for fixed price Shabbat meals as well. Breakfast meals can be ordered in “to-go” boxes and fresh gourmet boxed lunches will we made available daily at the resort’s ski village, Cloud Dine and Red Pine … (0 comments)

Distressed Real Estate in Park City, Utah - 03/04/12 10:02 AM
Unlike many neighborhoods in the country, particularly in Nevada, California and Florida, the resort town of Park City, Utah has very little distressed real estate to deal with.  Short Sales and Bank Owned real estate totals just 38 condominiums and single family homes out of 1,066 active listings available, which is only 3.57%.  There are 21 distressed condominiums and only 17 homes to choose from across several price ranges.  Prices have come down on many active listings, so the property does not need to be in distress in order to get a great deal.  Now is a great time to buy … (1 comments)

Deer Valley Luxury Montage Residence Sold in Deer Valley, Utah - 03/02/12 12:36 PM
One of the largest residences at Montage Deer Valley, in Park City, Utah just closed for $8.3M.  The residence if approximately 6,858 square feet with 4 bedrooms, 7 bathrooms, 3 fireplaces, a large office and theatre room.  
The Montage Deer Valley is a mountain lodge set within Deer Valley, the No. 1 ski resort in North America, and is a highly amenitized, ski-in/ski-out luxury resort property. The owners enjoy a spa and wellness retreat, outdoor, heated Alpine Pool & fire pits, several dining facilities, and dedicated concierge staff. 
For additional information on Montage Deer Valley, Deer Valley Real Estate, or any … (0 comments)

Luxury Estate “Best Buy” in Wolf Creek Ranch near Park City, Utah - 03/01/12 07:38 AM
One of the finest Luxury Mountain Estate Ranches in the Park City area is a Luxury “Best Buy”. Located in the Prestigious, Private & Gated Wolf Creek Ranch development, the ranch is 160 acres of rolling meadows, ponds, and streams with amazing mountain views. The Main Residence is approximately 13,000 sq. ft. with 6 bedrooms, 7 full baths, 5 half baths, 7 fireplaces, and state-of-the art kitchen.  The Guest House is approximately 2,000 sq. ft. with 2 bedrooms, 2 ½ baths, and full kitchen. The barn is an approximately 8,500 sq. ft. equestrian center fully climate controlled. The Wolf Creek Ranch … (0 comments)