The Park City area, which is home to Park City Resort and Deer Valley Resort, contains some of the best ski/mountain real estate available in the Western US. Compared to other resort marketplaces, Park City consistently comes in as one of the more affordable ski resort areas to own luxury real estate in. That said, every year we have a good number of sales in the market occurring over the five million dollar mark with some even hitting eight figures. 2018 has been an incredible year for the luxury market here as we saw 36 properties with list price OVER five million dollars selling throughout the year. This number is up over 10% from the year prior with buyer continuing to pick up some of the nicest real estate the Park City area has to offer.
We've gathered up a list of the most expensive homes sold across Park City in 2018, and there was certainly a lot of world-class properties that exchanged hands. While we look forward to what 2019 will bring, let's take a stroll through memory lane and find out which homes went above and beyond what we expected. We were also happy to play a role in one of these listings, something we aim to achieve for our client's again going into the new year.
7996 Roamer Ct.
List Price $13,500,000 | 7Bd | 10Ba | 14,100 sq ft.
Bald Eagle Club - Upper Deer Valley
Date Sold: 12/18/18
Topping the list of most expensive homes sold in the area is this stunner in the Bald Eagle Club area of Upper Deer Valley where we consistently see some of the most expensive sales every year. This property is formerly owned by famous film producer Jeff Katzenberg. The home features over 14,000 square feet of living space, incredible ski-in ski-out access to Deer Valley Resort, and was built by famous Park City architect Rick Otto along with world-famous architect Charles Gwathmey.
7815 Falcon Ct.
List Price $9,450,000 | 6Bd | 8Ba | 8,825 sq ft.
Bald Eagle Club - Upper Deer Valley
Date Sold: 8/31/18
Another luxury estate sale within the Bald Eagle area of Deer Valley is this home on Falcon Ct. Arguably located on one of the best lots in the Bald Eagle Club subdivision with incredible views and great mountain access. This home had been completely renovated on both the interior and exterior by architect Mark Walker. Design details from the MLS state:
This home features radiant heat floors; snowmelt systems on patios and driveway; stunning William Ohs custom cabinetry; Panto Italian tilt & slide teak windows; Dorn Bracht German plumbing fixtures; chef’s open kitchen with LaCornue Range; Vantage lighting system; Exquisite hand-scraped, distressed and hand stained Richard-Marshall hardwood floors and wainscot; Ty Loyola shelving, doors, bar and wood trim; European stone exterior and interior finishes by R.J. Masonry.
10597 N Summit View Dr
List Price $9,000,000 | 7Bd | 8Ba | 11,082 sq ft.
Deer Crest Area
Date Sold: 4/6/18
Coming in third on this list is this new construction home built in the Deer Crest area of Deer Valley Resort. Deer Crest remains one of the top locations in Park City for those looking for a gated community with ski-in ski-out access. It's unique to the area as it offers incredible views overlooking the Jordanelle Reservoir for a Tahoe like feel right here in Utah. The sun rises over the Uinta mountain range in the distance for breathtaking views each and every morning from this location. The property was designed by world-famous architect Michael Upwall who has designed many homes throughout the area. The property also boasts over two million dollars in improvements from furniture and design work from award winning Dressed Design.
9840 N Summit View Dr
List Price $8,995,000 | 7Bd | 9Ba | 10,945 sq ft.
Deer Crest Area
Date Sold: 3/6/18
Uniquely situated on the top ridge of Deer Crest Estates, this beautiful home comes in fourth on the list which is easy to see why. The top ridge of Deer Crest contains some of the most expensive real estate in the entire Park City area making the few homes that sit on it even more valuable and rare to hit the market. This property features just under 11,000 square feet of living space and is a typical mountain rustic design. This mountain estate was built in 2002 and feels as if it was still a brand new build as this type of home will never go out of style here.
6762 Stein Cir #11
List Price $8,495,000 | 5Bd | 7Ba | 6,715 sq ft.
Stein Eriksen Residences | Upper Deer Valley
Date Sold: 6/4/18
As one of the newest luxury developments in the Deer Valley area, the Stein Eriksen Residences are home to 16 luxury single family homes and 38 stacked condominiums. Unit #11 comes in at #5 on the list as one of the nicest units in the development and had been completely furnished by Park City design firm Alder & Tweed. Ski access here is onto the Last Chance ski run. Stein Residences are run by Stein Eriksen Lodge's 5-Star service and management and feature incredible on-site amenities for its owners.
543 Woodside Ave
List Price 8,250,000 | 5Bd | 7Ba | 4,925 sq. ft
Old Town Area | Park City
Date Sold: 11/21/18
Buyer Represented By The Fisher Group
Rounding off the top sales for 2018 is this incredible remodeled historic home on Woodside in Old Town Park City. This home is located on what is known as the "Gold Coast" which is a small row of ski-in ski-out single family homes on the Park City Resort that have the access to ski to Old Town Lift. This is a "modern cottage" that was a labor of love for the previous owners and took around seven years to actually approve and complete the reconstruction of this project. The home features one of the best ski/lounge rooms you can find anywhere in the area, a rooftop hot tub, and top of the line finishes throughout the property. It's truly one of a kind in Park City and will be for many years to come.
Ready To Buy Or Sell?
The Park City area is consistently ranked one of the best ski areas to visit in North America. With Vail Resorts and Alterra now competing to bring in as many visitors as possible the city is poised for even further growth as the area continues to expand. If you are looking to purchase real estate in this booming area and would like some guidance on in-depth details on vacation property locations, give us a call and let us help walk you through the process.