Attention Developers! 154 acre parcel in Deer Crest Just hit the market!

By Steve Blankenship
Apr 07, 2014

What a unique opportunity for every developer. A 154 acre development parcel was just listed in Deer Crest with stunning views of Lake Jordanelle, the Deer Valley ski slopes and the scenic Utah mountain range. This south facing lot is suitable for townhomes, hotel and/or commercial. A conceptional design for ski runs and lift locations has been completed and submitted to Wasatch County and “Will Serve Letters” are available from all utility providers.

List Price: $16,500,000

Contact Real Estate Broker Steve Blankenship for more information on this Deer Crest property at 435-640-6966.

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New Listings at Highly Desired Timber Wolf Lodge!

By Steve Blankenship
Mar 28, 2014

Residences at Timber Wolf Lodge do not come on the market often and if they do they sell fairly quickly.

Timber Wolf Lodge is located in the Canyons Resort area. This new listing features two bedrooms, three bathrooms,  log style interior, granite countertops, slate flooring, and high end finishes including custom log furniture and custom bedding.  Amenities include secure heated underground parking garage and two hot tubs. All utilities are covered in the HOA dues so you don't have to worry about paying separate utility bills.

Contact Steve Blankenship at 435-640-6966 for a showing and more information on Timber Wolf Lodge in Park City.

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Newpark Terrace - New Development at Kimball Junction!

By Steve Blankenship
Mar 26, 2014

Another new development is selling fast with only a few units remaining! Newpark Terrace is a 60-unit, elevated townhome project situated above first-level retail space and the parking garage of Newpark Town Center. The project has eastern views across the Swaner Nature Preserve to Deer Valley Resort and Park City Mountain Resort, and western views over Newpark’s main street to The Canyons Ski Resort and The Utah Olympic Park.

Some of the features include a full kitchen, dining and great room area, 10’ and 9’ ceilings, two-sided gas fireplace, spacious lower patios, upper balcony, single car garage, stackable washer & dryer and much more.

Fifty-four of the 60 units are two-bedroom, two-bathroom townhomes with 1,228 or 1,249 square feet. Six units are three-bedroom, three-bathroom townhomes that range from 1,400 to 1,660 square feet.

Contact Park City Real Estate Broker Steve Blankenship at 435-640-6966 for more information on how to secure one of the last units at Newpark Terrace.

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10% OFF all remaining 1 bedroom residences at Hyatt Escala Lodge!

By Steve Blankenship
Mar 26, 2014

Beginning today, Hyatt Escala Lodge is now offering 10% off current list prices on all remaining one-bedroom whole-ownership residences. Included within this offer is 30% off HOA dues for 5 years. A one-of-a-kind opportunity only available for a limited time.

Owners enjoy the fully-amenitized benefits of Hyatt Escala Lodge. They also benefit from the Canyon's only true ski-in ski-out privileges and the $75+ million infused into Canyons Resort since 2010. We invite you to create a lifetime of memories at Utah's largest and most dynamic resort.

  • 1-Bedroom NOW Starting from $332,100 (5 remaining)
  • 2-Bedrooms Starting from $640,000
  • 3-Bedrooms Starting from $1,049,00
  • 4-Bedrooms Starting from $1,875,000

Call Broker Steve Blankenship at 435-640-6966 today to receive more information about the one-bedroom residences at Hyatt Escala Lodge.

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10 New Residences Just Released at Stein Eriksen Residences

By Steve Blankenship
Mar 24, 2014

Do you love Stein Eriksen Lodge but can never snag up a unit when they rarely hit the market? Become part of the new generation of Stein Eriken. The Stein Eriksen Residences will be located at Silver Lake Drive - 1 Mile from Stein Eriksen Lodge on Silver Dollar Ski Run off Last Chance.

Contact me today for more information and the process of how to secure a condo or home at Stein Eriksen Residences.

Enclave at Sun Canyon Real Estate Update

By Steve Blankenship
Feb 18, 2014

The Enclave at Sun Canyon is fairly new community located hillside above Bear Hollow Village. The secluded community offers more than 60 acres of private trails and connects to the Mid-Mountain trail system. Within minutes you can enjoy world-class skiing, golf, shopping, dining and the year-round entertainment of Redstone Village, Utah Olympic Park, and Main Street.

The master plan of the community includes 32 luxury townhomes and four custom homes that have been designed to blend with their natural surroundings. So far 1 home and 1 townhome have sold and construction is close to completion. Three more townhomes are pending and we see excavation and framing happening at record speed.

Homes at the Enclave at Sun Canyon are starting at $3.15 million and feature 5 bedrooms and 7 baths on approximately 5,600 square feet. Townhomes start at 1.695 million and they offer 3 to 4 bedrooms on approximately 3,300 to 5,600 square feet. Some townhouses feature an unfinished basement allowing you to add storage, a wine cellar and/or a home theater. All residences feature great views.

Contact Steve Blankenship for more information on the Enclave at Sun Canyon at 435-640-6966.

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820 Park Avenue – “A Modern Take on Mountain Luxury”

By Steve Blankenship
Feb 15, 2014

820 Park Avenue is a new development planned on the site of the historic Rio Grande train depot in Old Town of Park City, Utah – adjacent to the Flying Sumo restaurant.

Planned are ten condominium residences with one to four bedroom models. Each ski condo ranges in size from 940 sq. ft. to 2,600 sq. ft. and will feature mountain contemporary design with a mix of marble, granite, caesarstone and tiles; stained and painted wood cabinets; polished nickel finishes throughout and at least one fireplace. The gourmet kitchens will feature professional grade, high-end appliances and custom cabinets. Washer and dryer will be included as well.

All units are going to be single-level living except for the four-bedroom residence which will offer two-levels and vaulted ceilings. Master bathrooms will have heated floors and a steam shower and all units will have a  private heated decks. Residences will be sold unfurnished, however, the renowned interior design firm Alder & Tweed can assist with furniture selections and packages separately.

Amenities include private underground parking, a ski-prep lounge, a rooftop deck with outdoor hot tub, barbecue and fire pit as well as easy access directly to the Town lift ski plaza.

The plan is to begin construction in Spring 2014. The developer anticipates construction to be complete for the Winter Season of 2015/2016. Prices range from $550,000 to $2,400,000.

Contact Steve Blankenship at 435-640-6966 for more information on how to reserve a unit at 820 Park Avenue.

820 Park Avenue Park City820 Park Avenue Park City Utah

Rare Opportunity! Penthouse at Black Diamond Lodge for Sale!

By Steve Blankenship
Feb 14, 2014

Black Diamond Lodge is one of the most sought-after real estate developments in Deer Valley. Located right at the slopes in Lower Deer Valley this property is the perfect starting point for every vacation. The luxury condominiums rarely hit the market and if they do they sell very quickly.

This unit is 4,831 square feet with four bedroom suites, 6 baths and a loft. The penthouse features an open floor plan with large dining area, game room with wet bar, large decks and three large ski lockers to store your gear. Black Diamond Lodge offers ski valet, fitness room, sauna, steam room, breakfast and après ski. Walking distance to St. Regis funicular, Seafood Buffet and free Park City transit stop. It sure is rare to find a ski-in ski-out condominium this size in Deer Valley.

Call for more information or a showing. Steve can be reached at 435-640-6966.

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Park City Real Estate Market - Review 2013

By Steve Blankenship
Feb 11, 2014

After analyzing the sales numbers for both homes, condos and land in the Park City area, the Park City Board of Realtors is happy to announce that the Park City real estate market has seen 2,230 sales in 2013 up 22 percent from the previous year and double the sales of 2009. We have seen a steady appreciation of seven percent over 2012 and there is a high demand for Park City property in all price ranges. The only problem - inventory is at an all-time low.

Park City Homes

Jeremy Ranch topped the sales list of 2013. A total of 73 single-family homes sold ranging between $325,000 and $2.857 million closely followed by Old Town with 68 homes sales, Silver Springs with 58 and Park Meadows with 56. Currently the average time to sell a home is 7.4 months. However, many homes in Trailside and Silver Springs have sold a lot faster.

Overall the total dollar volume for single family homes was the highest it has been since 2006. Inside the Park City Limits, the number of sales was up 12 percent and the median sold price reached $1,257,000 which is a 17percent increase over 2012. Demand is strong in Old Town with a 45 percent increase in the number of sales. Park Meadows is up eight percent in the number of sales compared to 2012 with a nice median price increase of 22 percent reaching $1,317,500.

In the Snyderville Basin area, sales were up 12 percent with a median price increase of nine percent. Silver Springs leaped 76 percent in the number of sales compared to 2012 and the median sales price increased 12 percent to $697,500. Jeremy Ranch sales have been up 26 percent over 2012 reaching a median sales price of $725,000. Trailside Park is up in the number of sales compared to 2012 by 53 percent with a median price increase to $520,000.

Park City Condos

Old Town was one of the most active areas in 2013 with 157 condos sold ranging from $121,000 to $2.5 million followed by 99 condo sales in Deer Valley (all areas), 75 at the Canyons and 73 at Kimball Junction. Pinebrook is another area of interest with a 33 percent increase in the quantity sold and a healthy 19 percent price increase to $322,500.

Vacant Land

We have seen 48 lots sales within the Park City Limits, 160 in Snyderville Basin, 45 at Jordanelle Reservoir and 16 in Jeremy Ranch. Land sales in Snyderville Basin increased 40 percent with a median price of $274,500. The Jordanelle area had the highest spike in the number of lot sales, up 105 percent to last year’s number with a median sales price of $145,000.

Distressed Sales

Distressed sales have declined to the point where "they are no longer a factor in our market".

For a more detailed analysis on your neighborhood contact Steve Blankenship at 435-602-9976.

 

Stein Eriksen Residences: Selling Fast!!

By Steve Blankenship
Feb 04, 2014

Stein Eriksen Residences are selling like hot cakes. The new Upper Deer Valley real estate project started taking reservations less than one month ago when it released its first phase with 8 Homes ranging from approximately 5,000 to 6,000 square feet and 18 Condominium Residences ranging from approximately 2,100 to 5,000 square feet. There are ONLY 2 Homes and 3 Condominium Residences remaining in Phase One. Second Phase Pricing will begin once all Homes and Condominium Residences are under reservation!

Please contact Steve Blankenship at 435-640-6966 for more details on Stein Eriksen Residences and let's submit your reservation for one of the luxury ski-in ski-out residences.

Update 2/11/14: SER currently has 21 reservations and just started selling Phase 2. Inquire about Buyer Incentives today!

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Member Benefits at Deer Crest Club

By Steve Blankenship
Feb 03, 2014

The Deer Crest Club is a unique opportunity for Deer Valley enthusiast to experience ski-in/ski-out access without having to live slope-side. By joining the Deer Crest Club in the St. Regis Park City members enjoy four-season alpine adventure & social activities through the comfort of a private lounge and exclusive access to the amenities at The St. Regis.

Some of the benefits include:

  • Choice of complimentary Sport Locker or Wine Locker with name plate
  • Access to Club Lounge with complimentary breakfasts, newspapers, use of computer, printer/fax and iPads
  • Priority invitations to St. Regis Deer Valley and Deer Crest Club events
  • Complimentary access to St. Regis Deer Valley pool, athletic club and game room
  • Complimentary access to Club VIP concierge services
  • Complimentary valet parking at the St. Regis Deer Valley, Deer Crest Club Ski Valet, seasonal ski and boot storage
  • Complimentary transportation between member’s home and the St. Regis Deer Valley provided home is within a 5-mile radius of the Club. Subject to availability and advance reservations
  • Complimentary transportation from the St. Regis Deer Valley to Snow Park and Historic Main Street. Subject to availability and advance reservations
  • Discounts on rooms/suites (based on availability), dining and spa
 

and much more.

Search Deer Valley Real Estate today and contact Real Estate Specialist Steve Blankenship at 435-640-6966 to request a showing or to get an answer to any questions you may have.

Hyatt Escala Real Estate at Canyons Resort

By Steve Blankenship
Jan 21, 2014

Only five 1-bedroom residences are remaining for sale at Hyatt Escala Lodge. With spacious floor plans from 680 to 2,820 square feet, Hyatt Escala Lodge mountain residences are ideal for family gatherings, holidays and extended vacation getaways. Whether reveling in the exhilaration of skiing powder in the winter, hiking and biking through stunning scenery in the summer, or enjoying Park City's five-star culture, being an Owner at Hyatt Escala Lodge gives your clients a year-round, all-access pass to epic enjoyment for their family and friends.

  • 1-Bedroom starting from $369,000
  • 2-Bedroom starting from $640,000
  • 3-Bedroom starting from $1,049,00
  • 4-Bedroom starting from $1,875,000
 

View all units for sale at Hyatt Escala Lodge and inquire about incentives today! Contact Canyons Real Estate specialist Steve Blankenship at 435-640-6966.

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Park City, Utah’s Top 5 Most Expensive Properties sold in 2013

By Steve Blankenship
Jan 12, 2014

1.   1401 Two Creeks Circle, Park City, UT - $12,450,000

This amaz1401 Two Creeks Circle Park City Utahing property was only on the market for a short period before it sold for a remarkable $12,450,000. Built in 2008, this 8,503 square foot home sits on 7.34 aces in the Old Ranch Road neighborhood of Park City, UT. This home has everything you can wish for - 6 bedrooms, 9 bathrooms, Venetian plaster and custom stone, floor-to-ceiling windows, creek frontage, a wine cellar, theater room, exercise room, guest house, custom ski locker room, horse corrals and extraordinary ski run views.

2.   Hawkeye Pl, Deer Valley, UT - $10,600,000

1 Hawkeye Pl Deer Valley

This home on Empire Pass in Deer Valley was voted #1 of the most spectacular ski homes and sold for $10,600,000. The estate is nestled within evergreens in one of the most exclusive areas of Park City, Utah. Situated adjacent to the ski runs this estate features 5 bedrooms, 9 baths, 10 fireplaces, an exercise and massage room, wine cellar, game room, steam room, theater, a golf simulator room and a chefs kitchen.

 

3.   6808 Silver Lake Drive, Deer Valley, UT – Undisclosed6808 Silver Lake Drive Deer Valley

This home was listed for $8,600,000 and sold for an undisclosed sales price this year.  Nestled within evergreens in Upper Deer Valley this ski home has 5 bed, 7 baths on 11,956 square feet as well as a wine cellar, fitness and ski prep room.

 

 4.   2750 Meadow Creek, Park City, UT - $8,000,000

2707 Meadow Creek Park City A property this size is rare to find. This mansion sits on 7.08 acres and is close to the Park Meadows Golf & Country Club in the heart of Park City, Utah. It offers 6 bedrooms, 8 bathrooms, tiered ponds and waterfalls.

 

5.   503 Woodside Ave, Park City, UT - $7,973,920503 Woodside Park City Utah

This ski-in, ski-out estate is truly amazing. Situated hillside in Old Town, Park City – it offers 6 bedrooms, 8 bathrooms, 11 fireplaces and a mix of  wood beams, stone, metal accents reminiscent of the mines that inspired the estate.

 

For more information on Park City real estate contact Associate Broker Steve Blankenship at 435-640-6966.

Featured Property: Nakoma - Luxury Deer Valley Homes & Townhomes

By Steve Blankenship
Jan 06, 2014

Nakoma is an exclusive community on Empire Pass in Deer Valley. The development offers 17 new construction ski-in/ski-out single family homes and townhouses. Many of the homes do have private access to the slopes, however, if your home does not - you can now use the "Magic Carpet". The "Magic Carpet" was just installed this fall and offers an effortless connection across the street to the ski run.
 
For more information on Nakoma Real Estate or to reserve your homesite contact Deer Valley Real Estate specialist Steve Blankenship at 435-640-6966.
 
nakoma deer valley Nakoma

Black Rock Ridge - New Phase

By Steve Blankenship
Jan 06, 2014

Black Rock Ridge has been selling condos like hot cakes and they just released a new phase of single-level condominiums across the street from the popular townhome community. There are one, two and three bedroom units available for reservation. Each residence features granite countertops, custom cabinets, stainless steel appliances, knotty alder doors, vaulted ceilings and stunning views. These smaller units are starting at only $199,000 and are selling out fast.

Contact Steve Blankenship at 435-640-6966 today to reserve your unit.

 

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