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MORE SNOW IN PARK CITY!!!!! and.....an interesting development comparison

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 plenty of perceptions out there regarding both of these developments but this grid helps to sort it out somewhat....

Promontory vs. Glenwild

Item	Promontory	Glenwild
Membership Only	No ($150k with property)	$115k
Membership Equity	In future	After lots sell. Can transfer membership & receive 75% of amount paid.
Number of Homes	1850	195
Number of Lots Sold	780 approx.	190 approx.
Number of Members	1850 total 790 for first 2 courses 295 members/course	375 (275 sold)
Number of Golf Courses	Approved for 5	1
Golf Course Design	Pete Dye Jack Nicklaus Tom Weiskopf Forest Richardson (short course) Last course TBD	Tom Fazio
Price Range for Lots	$315k-$2,200,000	$499,000-$1,795,000
Membership Included in Lot Price	Developer Sponsors entire $115k until Labor Day 2007	Included in price of Developer Lots, and select resales
HOA Dues	$250/month	$3800/year
Membership Dues	$650/month starting ($7800/yr)	$7500/year payable in January
Other Activities	Tennis Horseback Riding Equestrian Center Kids Cabin Snow Shoeing Cross. Country Skiing Ice Rink Tubing Hiking Mountain Biking Fishing	Kids Room at Golf Clubhouse Tennis
Other Amenities	Silver Lake Village Ski-in/Out Lodge Outfitter's Cabin Golf Range House Ranch Clubhouse (includes gym, pool, spa) & teen room) Golf Clubhouse (complete) Steak House (planned)	Golf Clubhouse Includes gym, spa, pool, etc.
Shuttle Service to Skiing	Yes	Yes
Concierge	Yes	Yes
Developer Homes	Cabins	No

Posted by Rob Alday & Rachel Peterman on 04/24/2008 01:55 PM

Comments (6)

promontory, glenwild, park city, deer valley, real estate, rob and rachel, developments, golf, skiing, snowbird, ammenities, comparison, gym

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6 Comments on MORE SNOW IN PARK CITY!!!!! and.....an interesting development comparison

Rob and Rachel - You all have a great time with the snow, I will stay in warm and sunny Florida and enjoy the beach!

04/24/2008 02:19 PM

by Solaris Realty

No Snow here yet Rob & Rachel, But it is supposed to be here tonight.

We only have one resort still open in the area but it has been a welcome sight to start to see just a little green on the ground this week. Good luck with the snow!

04/24/2008 04:32 PM

by Jason & Deanna Long Breckenridge Real Estate (The Long Group)

It's slowing up now....thanks for the comment....let us know how many inches you get when it hits your area....i am definetly planning on skiing this weekend!!!!! WONDERFUL!

04/24/2008 05:03 PM

by Rob Alday & Rachel Peterman (Snow Park Realty)

We only got 2 inches out of the last storm. Were supposed to have flurries on and off for the next couple of days. The worst thing was the roads they iced over. Thank God most of the tourist are gone they would have had a mess on their hands.

Have a great ski weekend!

04/25/2008 01:56 PM

by Jason & Deanna Long Breckenridge Real Estate (The Long Group)

ooooooh, I've driven those roads in scary conditions before.....that's something that makes Park City so nice is that the trip from the airport is short and the road conditions are usually fine since Salt Lake City is at such a lower altitude then the resorts....Sometimes the differences in weather conditions between Salt Lake City and Park City are just unbelievable

04/28/2008 12:25 PM

by Rob Alday & Rachel Peterman (Snow Park Realty)

I am at Bryce Canyon tonight and it is Snowing! hugh, big flakes...!!

05/08/2008 12:16 AM

by Carol Judd , Vernal Utah Real Estate (Century 21 Dart Realty)

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