rob and rachel: More News on Promontory and The Park City Heights Project - 04/30/08 08:09 AM
Happy Wednesday! Rob and I used to celebrate 'Margarita Day' every Wednesday. But starting last month we have implemented a new weekly celebration, titled 'Wine Wednesdays'. From now on we plan to try a different and interesting wine every Wednesday. And we'll be taking notes. Any fabulous finds we may encounter, we'll be sure to let you in on.....oh - and feel free to join in on our newly created holiday....no leap of faith necessary! ;)Now I know what you're thinking...."is this not a blog about Park City's Real Estate Market?" Well hold your horses, that parts coming....here is the update … (2 comments)

rob and rachel: A Few Updates and Happy Weekend To All!!! - 04/25/08 11:27 AM
Hope everyone had a great week! In the past day we have seen 42 properties come on the market, 14 close, and 8 go under contract. Of note:
PENDING:-Hidden Meadows home in Lower Deer Valley for $1.71m; 4bd/3ba, 4100 sq ft-Stonebridge condo in Lower Deer Valley at $649k; 3bd/3ba, 2505 sq ft
CLOSED:-Empire Pass at Deer Valley in the Paintbrush neighborhood at $5.85m; 5bd/6ba, 4418 sq ft. Coming in at $1324ppsf....Empire Pass is getting it done!-Hidden Meadows lot only on the market 45 days at $1.1m for one and a half acres...Deer Valley is holding one strong.-Maple Ridge Ranch home at … (0 comments)

rob and rachel: MORE SNOW IN PARK CITY!!!!! and.....an interesting development comparison - 04/24/08 06:55 AM
Well guess what?!?!?  It's snowing like MAD in Park City and it's practically May! 
Rob and I are both hard at work recently....him on some contracts and developments Snow Park is working on and me on some things with the St. Regis project here at Deer Crest. 
Park City is incredible today....the snow is coming down like crazy, inches and inches....and just as we were beginning to see the green again......but I can't complain - we're planning on skiing at Snowbird this weekend!
Below is a very interesting comparison Rob did of two big developments in Park City: Promontory and Glenwild.  There are … (6 comments)

rob and rachel: Local News About the Yarrow and Tips for Going Green in Your House - 04/23/08 03:24 PM
Local News: -The owners of the Yarrow Hotel on Park Ave. (next to Albertson's) have made it clear that they wish to raze the hotel and replace it with a swankier lodge. This could take place as soon as 2010. The new building would have meeting and convention space like the old one, but would look to add a spa and other upscale ammenities. The Yarrow would also look to be a condo-hotel, which allows the owners to sell units inside and the owners place the units in a rental program (which can be tricky in and of itself). The question is … (0 comments)

rob and rachel: The Baldy Balderdash and Deer Valley Stays Hot, Even as the Weather Gets Cool - 04/22/08 10:14 AM
Rob and I spent this past Sunday in Sun Valley, Idaho for a special ski day with friends.  There's an event in Sun Valley every year where a "private ski day" is raffled off.  Anyone can buy tickets to the raffle and the winner gets to invite 200 friends to the Sun Valley ski resort for a private day on the mountain which they call the "Baldy Balderdash".  Luckily, Rob and I were invited! 
So yesterday we spent the afternoon skiing on a practically empty mountain.  AND - they provided a delicious lunch to boot!  We had a blast and were super grateful for the extra … (1 comments)

rob and rachel: Plenty of Buyers for Deer Valley and Good Deals at Tuhaye - 04/18/08 10:17 AM
Going on in the Park City Real Estate market in the past day or so, there have been 25 properties come on the market, 18 go pending, and 12 close. Of note: PENDING:-Golf Club Cabin at Promontory at $2,250,000; 3460 sq ft, 4bd/6ba. Looks like there are still buyers, even though a cloud still hangs over the ownership. We seem to think that this change in ownership will be beneficial to the club in the long run.-Lot at the Colony at the Canyon Ski resort for $1,895,000.-Queen Esther unit in Lower Deer Valley at $759,000; 1548 sq ft, 2bd/2ba. People are buying … (2 comments)

rob and rachel: Goings On at Quinn's Junction and at the Montage at Empire Pass - 04/15/08 10:51 AM
A few updates regarding developments around town:-Boyer Plumb Park City, the developers of Park City Heights at Quinn's Junction, made it through the Park City Planning Commission on a 5-0 with there bid to get the project annexed into the city. The plan is to build 157 regular priced units and 116 affordable housing units on 287 acres at the intersection of US-40 and SR 248. Next up, the City Council will vote whether to actually annex the property or not. They will take into consideration the Planning Commission's recommendation. Boyer Plumb will more than likely loose some density in its … (0 comments)

rob and rachel: give us your opinion on this quote....... - 04/14/08 03:55 PM
we need an important and relavent quote for some materials.....
what do you think of this one?
be greedy when others are fearful and fearful when others are greedy" warren buffett
any comments on this?
we'd love to hear your advice
(3 comments)

rob and rachel: A little good news for your Monday morning! - 04/14/08 04:38 AM
This update is a little delayed due to the fact that Rob and I took a little trip to New Orleans to attend the wedding of a friend.  We had a great time in the "Big Easy" but as usual we are grateful to be back home!
At the end of last week, the Park City market saw 10 closings, 13 properties go pending, and 47 new on the market.
Of note: -Lower Deer Valley Fawngrove unit had a $50,000 price reduction to $945k.-Shooting Star condo in Empire Pass at Deer Valley came on the market at $2.275m (2114 sq ft, 3bd/4ba)-1.47 acre Glenwild lot #150 is active at … (0 comments)

 

Rob Alday & Rachel Peterman

Park City, UT

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Snow Park Realty

Address: PO Box 4154, Park City, UT, 84060

Office: (435) 729-0022

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