In this blog post, the Park City Sothebys Blog would like to examine the subject of Deer Valley homes and what happens to be available within that particular real estate market at this point in time. Deer Valley is certainly a location for high end and luxury homes. People who buy property in Deer Valley are often looking for vacation homes that give them access to world class ski resorts and golf courses. They also typically want access to natural surroundings for hiking and camping as well as access to a sophisticated but not over developed downtown area that would be available to them in near by Park City.
Deer Valley Condos For Sale
Fortunately there are many locations available for sale from free standing homes to more affordable condominiums. The word “affordable” is of course a relative term. Because Deer Valley and Park City are desirable locations to live for many obvious reasons, the prices will naturally reflect this reality. Moreover, many people who purchase property in this area are looking for a second, vacation home and therefore are more likely to have disposable income to spare on such an endeavor. This will only serve to drive up the competition and therefore the price of property in this region.
All that being said, people who do purchase homes in Deer Valley and Park City get a lot of value for what they pay for. Not only do they have access to world class ski resorts and golf courses, but they will also have access to the great outdoors and the beautiful landscape that is just waiting to be explored in and around the area. Moreover, five star dining, high end shopping and exciting night life are all just a very short drive away in beautiful down town Park City.
Park City Sothebys readers know that the term Deer Valley homes is synonymous with luxury living. They know this presumably because they have experienced what it is like to live in or visit a home in Deer Valley. From this experience they have no doubt learned that to live in a Deer Valley home is to live in a home that has been built with the finest materials and with the most expertise of craftsmanship. Their experience would also inform them of all the amenities that living in the Deer Valley area will afford them outside of their homes. We shall address these amenities in the following paragraph.
DEER VALLEY CONDOS FOR SALE – GET ‘EM WHILE THEY’RE HOT!
The owners or visitors of Deer Valley properties certainly have a lot to keep their proverbial dance cards full. Deer Valley happens to be located in close proximity to Park City, Utah and therefore people who live in Deer Valley can enjoy all of the shopping, fine dining, night life and festivals that Park City has to offer year round. Moreover, residents of Deer Valley also have access to world class ski mountains and golf courses which in combination provide for year round activities.
For those Deer Valley residents who enjoy the outdoors, there is much in this department to take advantage of in the region as well. The breathtaking mountains provide some of the best hiking and camping in all of North America. Moreover, the picturesque views also allow for wonderful vistas of which Deer Valley real estate uses to good effect. Finally, because Deer Valley and Park City are less than an hour away from Salt Lake City, they have the convenient access both to the historic city itself as well as the international airport. This airport allows for easy access to the region.
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.