In November we've seen some nice activity in the luxury market in Park City real estate with fourteen sales on single family homes in the area selling for over one million dollars. The sales occured in a number of different areas but one with the most activity were Promontory, Deer Valley, and the always popular Park Meadows. Let's take a look at the Top 4 most expensive home sales in Park City.
1. 7475 FoxGlove Ct - Glenwild
This home had been on the market for some time now and relisted close a few months back at a lower price-point of 6.5M. It is truly one of the most amazing golf homes in the entire Park City area and in the top rated golf club in Utah, Glenwild. The home sits right on the 11th hole on the golf course and is a very high end home with 12,000 square feet of living space.
Sold Price: $5,850,000
2. 17 Marilyn Ct - Park Meadows
This is a newer home built in 2007 within the Eagle Pointe area of Park Meadows. On almost two acres, this home is just under 8,000 square feet with luxury finishes throughout and amazing views of the Snyderville Basin. The home was only on the market for four months and sold for very close to the asking price of 3.35M and a very nice price per square foot total for the area.
Sold Price: $3,000,000
3. 8210 Sunrise Loop - Promontory
The Promontory Golf area is one that took a large hit during the last few years of the economic downturn but pricing seems to have solidified in the area with the clearing of distressed inventory. This sale is one that proves just that. This large luxury home with great views is almost 8,000 square feet and was listed at a price per square foot that homes in Deer Valley and other high end areas go for. This is a great home and sold in just under four months as well which is a good sign for our market.
Sold Price: $2,800,000
4. 986 Aerie Dr - The Aerie
The Aerie is one of my favorite areas in Park City due to the close proximity to Main Street and the ski resorts and stunning views of Old Town and the Snyderville Basin. Perched just above Main Street, homes in this area are in high demand and appeal to many buyers looking for a luxury home in Park City. This is a brand new home built by Scott Jaffa who is a highly recognized builder in Park City. The home is a mountain contemporary design that is becoming more popular in the area and I'm sure we will start to see even more.
Sold Price: $2,300,000
If you're interested in buying a luxury home in the Park City or Deer Valley area, give us a call at 435-962-0192