Park City real estate is synonymous with luxury living and there is a growing demand for the contemporary homes available in the area. Seekers of luxury homes for sale in the Park City market typically expect a certain set of features from their homes. Many are looking for a home in the mountains. Many desire a house with a horizontal line construction. Many look for homes with over sized windows allowing for views of the natural surroundings. This has the effect of bringing outdoors indoors.
EXAMPLES OF LUXURY PARK CITY REAL ESTATE FOR SALE
There are many different developments in Park City and Deer Valley that provide this type of luxury accommodations. Some examples include Stein Eriksen Luxury Ski-In Ski-Out Residences, One Empire Pass Contemporary Ski Residences, The Lift Park City Residences, Apex Residences, Juniper Landing Town Homes, Frostwood Golf and Ski Villas, Fairway Springs Ski and Golf Villas, Enclave at Sun Canyon Town Homes and Single Family Homes, 205 Main Street, The Parkite and The Roundaboout just to name a few.
One of the great attractions for people who seek to buy real estate in this area is its proximity to world class entertainment. This includes world class skiing and golfing. This also includes the shops, restaurants and night life available in down town Park City. This also includes beautiful natural surroundings in which to hike, mountain bike and camp. One thing that makes the Park City area advantageous is its proximity to Salt Lake City. The international air port and transportation system make it easy to get to Park City from any part of the U. S. A. or even the world for that matter. Moreover, Park City is located in one of the most breathtakingly beautiful states of the country. Utah is home to very unique geographical features that cannot be found anywhere else.
The entire Park City region is abuzz with the prospect that there exist Deer Valley condos for sale in plentiful supply. Of course when we say the condos are for sale “in plentiful supply” we are talking about a supply relative to the average Deer Valley property market. Obviously, the Deer Valley market is very unique in terms of the types of properties available, price range and the number of properties that are actually on the market (i.e., available to be purchased). Savvy home buyers know that anything is negotiable and every home owner has his or her price whether they are considering selling their property or not.
DEER VALLEY CONDOS FOR SALE
One attraction that makes the Deer Valley area desirable is the Deer Valley Resort. It is interesting to note that the Deer Valley Resorts was recently acquired by a newly formed resort company comprised of Intrawest, Mammoth Resorts and Squaw Valley Ski Holdings. The resulting newly formed entity is controlled by affiliates of K. S. L. Capital Partners, LLC and Henry Crown and Company. Henry Crown and Company joined Intrawest Resorts Holdings, Inc., Mammoth Resorts and Squaw Valley Ski Holdings in July of 2016. It was then announced that they have entered into a definitive agreement for the newly formed entity to acquire Deer Valley Resort. The specific financial terms of the transaction were not disclosed to the public.
This newly formed entity is expected to make major renovations to the Deer Valley resort. These potential upgrades will make the properties in the area all the more desirable to prospective purchasers. This may also translate into an overall increase in asking prices. As anyone interested in buying Deer Valley real estate knows the prices of properties are by no means cheap but the spectacular views and proximity to world class skiing certainly make it worth it.