Significant Sales - week ended 10/27/17
Although the activity last week was the lowest in October, it was probably the most interesting in terms of quality properties sold and listed. We are seeing new listings that will appeal to the ski crowd and we hope that we will see further additions to our thin inventory in November. One of the listings featured this week was also featured in the Friday WSJ Mansion section, but our local press was much more interested in the semi-final recreational league soccer game where Rabid Moose defeated PC Rage 3-1 to advance to the championship match on Nov 2nd. In other major news, the Park City Miners women's volleyball team won the Class 4A state championship and the North Summit Braves boys and girls cross country teams won the state 2A championships. There were 35 pended sales reported by the Park City Multiple Listing Service in the week ended 10/27/17. 40 closings and 56 new listings were reported during that week.
Single Family Homes: There were a number of in-town and close-in homes listed last week that are aimed squarely at the ski crowd. This timing allows the Realtor community a few weeks to inspect the homes and reach out to clients who have scheduled ski season visits to test interest in visiting properties during their stay. There was lots of listing activity on Norfolk Avenue in Old Town last week. Twin homes recently completed at 1060 Norfolk Ave and 1070 Norfolk Ave were each priced at $2,295,000 ($998/SF). These homes are each 2,299 SF, 4 bedroom, 4 bath properties and share this excellent location and quality construction. 1060 (the red one) - http://www.spotlighthometours.com/tours/tour.php?tourid=102992&mlsversion=1 . 1070 (the blue one) - http://www.spotlighthometours.com/tours/tour.php?mls=11704336&state=UT . Just down the street at 802 Norfolk Ave, a new listing priced at $2,342,000 ($1200/SF) has a historic feel and was completely rebuilt in 2000. This 1,952 SF, 3 bedroom, 3 bath home is only 70 paces from ski access on the Town Lift Ski Trail http://www.tourbuzz.net/public/vtour/display/897050?idx=1#!/ . Over on 439 Ontario Ave, a home built in 1995 and remodeled in 2007 that will have appeal as a primary of second home investment is well priced at $1,300,000 ($686/SF). This 1,894 SF, 3 bedroom, 2 bath home has a great location overlooking Old Town http://www.tourbuzz.net/public/vtour/display/897189?idx=1#!/ . A new listing at 7979 Roamer Ct in the Bald Eagle Club neighborhood in Upper Deer Valley was listed for $7,999,000 ($735/SF). This 10,887 SF, 9 bedroom, 10 bath home on a premier .70 acre lot was built in 1994 and remodeled in 2004. Ski-to/ski-from access, down valley views and quality finish's are only a few of the features http://www.spotlighthometours.com/tours/tour.php?mls=117043108&state=UT . If the Roamer home is just to small for you, a new listing at 69 White Pine Canyon Road in The Colony might be the answer. This 33,000SF, 14 bedroom, 22 bath home on 5.53 acres is priced at $18,950,000 ($574/SF). This spectacular home was built in 2006 and remodeled in 2015. It features direct access to 4 of the resorts best lifts and was featured in the Oct 27th WSJ Mansion section http://www.tourbuzz.net/public/vtour/display/886916?idx=1#!/ .
Condominiums: Many of the 25 new condo listings were project residences now under construction, but one new listing released for the upcoming ski season was an Empire Pass residence at 8777 Marsac Ave, Unit # 408 at the Grand Lodge. This 2,067 SF, 3 bedroom, 4 bath property built in 2007 is well priced at $1,875,000 ($907/SF) http://www.tourbuzz.net/public/vtour/display?idx=1&mlsId=257&mlsNumber=1488721 . Another new listing that will attract major attention is 1700 Three Kings Drive, Unit # 170 in the Payday project. This remodeled property built in 1972 is situated on a lake overlooking the 13 th hole of the Park City golf course. This 1,930 SF, 3 bedroom, 3 bath property is priced at $737,000 ($382/SF) http://www.spotlighthometours.com/tours/tour.php?tourid=103342&mlsversion=1&reloaded=true . There were 2 new sales last week in the Arrowleaf project in Empire Pass. 8886 Empire Club Drive, Unit #405 was listed at $1,400,000 ($942/SF). This 1,486 SF, 2 bedroom, 3 bath penthouse was built in 2007 and has panoramic Empire Pass views http://www.tourbuzz.net/public/vtour/display?idx=1&mlsId=257&mlsNumber=1462684 . 8880 Empire Club Drive, Unit #212 was built in 2007 and remodeled in 2015. This 1,812 SF, 3 bedroom, 4 bath property was priced at $1,895,000 ($1,046/SF) and featured ski hill views. http://www.tourbuzz.net/public/vtour/display/653806?idx=1#!/ .
Vacant Land: It was not an active week for lot sales with the exception of a 1.95 acre lot at 54 Red Cloud Trail in the Red Cloud community in Upper Empire Pass. This lot was listed for $2,950,000 and has Bluebell ski run frontage and includes a Talisker Club membership. No video is available.
