Things are certainly heating up in the Deer Valley and Park City real estate market. With the inventory of homes for sale getting thinner, the best homes, priced well are starting to move much quicker these days. I'm not sure I would quite call it a "hot market" just yet, but the activity is pretty good.
It was very interesting to see today (Monday, August 6, 2012) that two luxury homes priced over $5,000,000 just went under contract.
The first home is in the American Flag neighborhood of Deer Valley, and is a re-construction of an older home. This new home has amazing views of the lower Deer Valley resort area, and looks to the St. Regis Hotel at Deer Crest. Of all homes for sale in Deer Valley, this was unique in that it has ski access, and views, yet is lower on the mountain and closer to popular Main Street. The other home is in Quarry Mountain Ranch in Park City and is a beautiful ranch property on 4 acres with views looking to the Canyons Resort. Just off Old Ranch Road this property provides seclusion, and a peaceful ranch setting, with amazing views. You can view more details on the two homes that were for sale below. Feel free to contact us, Local Park City Realtors for more information on these two properties, or on any other homes for sale.
American Flag
5 Bedrooms, 7 Bathrooms, 9,400 Square Feet
List Price: $5,995,000
Under Contract for Sale
Description: This brand new construction American Flag home features ski access to the back steps and full panoramic ski, mountain and valley views. The home is over 9,400 square feet featuring high quality Deer Valley grade finishes, 5 bedrooms, 7 1/2 baths, 3 fireplaces, 2 family rooms, tiered theater room, golf simulator room, entertainment area including chilled wine room and giant vaulted ceilings throughout the home. American Flag has only a handful of ski access homes and sits on top rated Deer Valley resort on 2 minutes to Main St Park City. This is currently one of the best priced per foot new construction ski homes on the market today.
Quarry Mountain Ranch
5 Bedrooms, 9 Bathrooms, 10,018 Square Feet
List Price: $5,250,000
Under Contract for Sale
Description: Unique among many Mountain Contemporary style homes, this luxurious Quarry Mountain Ranch Estate is nestled in a pristine mountain meadow that offers a peaceful setting and enjoys the dramatic views of the surrounding aspen and pine covered mountain peaks rising above the Canyons Ski Resort. Designed by Mike Upwall, the thoughtful floor plan and attention to detail are evident. Artfully conceived, the residence is equally receptive to intimate family living, as well as executive entertainment. Banks of windows, overlooking the manicured yard and private lake, capture light and create a warm living space. Ten foot exterior glass accordion doors open to a large patio that is well suited to morning coffee, evening barbecues and garden parties. Carefully situated on the home site, the indoor living space and outdoor entertainment areas have been brilliantly blended to take full advantage of the natural landscape and striking views. Large upper level ent/bunk room w/ private bath.
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