NEW Deer Valley Development - Stein Eriksen Residences

Posted by Sean Matyja on Friday, August 23rd, 2013 at 7:13am.

Construction has begun on a brand new real estate development in the Silver Lake area of Upper Deer Valley. The project has long been referred to as North Silver Lake, but will now be named the Stein Eriksen ResidencesThe developer, Regent Properties, has recently restarted construction of the infrastructure and a model home. The new development will include a mix of homes and condos for sale, situated at the intersection of Deer Valley Resort's "Last Chance" and "Silver Dollar" ski runs. Most residences will have spectacular views and all will have ski-in / ski-out access. The site has been entitled for 38 luxury condominiums in five buildings and 16 townhomes and single family residences, for a total of 54 units. All residences will have access to first-class amenities including a full-service spa, pool, fitness facility, ski locker room, enclosed garages and an upscale dining/meeting area.

Regent Properties chose to join forces with Stein Eriksen Lodge, the renowned leader in luxury hospitality service. Stein Eriksen Lodge has a unique ownership model. The individual owners of the individual condos in the lodge, together as the HOA, own the entire property and it's operations. The HOA owns the company that runs the lodge, and this owner-operated, sort of hands-on business model has proven to be very successful as their is much pride and dedication to the level of operations at the Stein Eriksen Lodge, the only 5-Star, 5-Diamond rated resort hotel in Park City Utah.

High-end hotel services will be provided in a residential setting.

A couple years ago, the management of Stein's expanded their operations to the nearby Chateaux at Silver Lake at Deer Valley Resort. This firm will now also manage the new Stein Eriksen Residences, including providing housekeeping services, operating a restaurant, snowplowing and landscaping. What this all means to the new Silver Lake development is that high-end hotel services will be provided in a residential setting. People who are staying at Stein Eriksen Residences will enjoy access to the spa at Stein Eriksen Lodge and will have preferred status at facilities there like the restaurant and bar. Van service will be provided between the lodge and the residences.


Construction of the model for the upcoming Stein Eriksen Residences


The new model is located adjacent to the ski bridge of the Silver Dollar ski run

Plans for this upcoming winter are to have a sales office in Stein Eriksen Lodge as well as a model home at the development site, planned to be complete by Christmas. With limited real estate for sale in the Deer Valley community, they hope to fill a much needed niche in the luxury ski-in, ski-out community. The developers plan to start work on one of the buildings in 2014. It will house residential units, a pool, a spa and a gym. This 6 acre residential site was acquired by Regent through a complicated bankruptcy. Regent engaged a design team to develop the residences to adapt to the natural surroundings and capitalize on the views and accessibility to the ski trails.

For more infomartion os residence sales or availability, please give us a call at 435-901-2158. Or email at sean@enjoyparkcity.com

Sean Matyja - Realtor® / Associate Broker
Mobile: (435) 901-2158 | Email: sean@enjoyparkcity.com 

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