New 10 Person Sunrise Gondola Under Construction in Canyon’s Village

New gondola will bring enhanced ski access to the base of Canyons Village and improve already great skiing for surrounding property owners and guests.

Canyons Real Estate Sunrise Chair Construction

Major improvements to ski access to and from the Canyons Village base area at Park City Mountain are underway, with the construction of the 10 person Sunrise Gondola.  Scheduled for opening in winter of 2025 / 2026, the gondola should shorten lines from the existing gondola and other access points to the mountain.  

The Sunrise Gondola will also enhance already great ski in, ski out access to the Pendry Residences, Lift Condominiums, Hyatt Centric, Sundial Lodge and other buildings surrounding the terminal at the base.  The…

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Property Taxes in Park City and Utah – How Does our Area and State Compare to others?

For property owners in Utah, late summer includes the arrival of property tax notices. 

Owners of real estate in Utah should receive their notice of estimated property taxes from their county by early August.  The actual, final tax bill is due at the end of November, and this estimate includes a proposed tax amount for each property based on budgets from different taxing entities in the area.  The estimate also includes a valuation of the real estate, discloses the change in the amount due – if the changes to these budgets are approved, and whether or not the primary residence discount applies.  

Market conditions change, and valuations can change year to…

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Memberships at golf communities in the Park City area have become a more rare commodity.  Waiting lists for memberships have become more common, especially for the “full” golf memberships.  Some communities offer their social memberships, which are less expensive and more widely available.

We’ve completed a snapshot of some of the golf community membership offerings and costs. These costs can change, please always verify availability and costs whenever looking at a real estate purchase.

Promontory is a large, private golf community in the Park City area. With expansive resort style amenities, including three golf courses and multiple clubhouses, spread throughout the gated community. 

Victory Ranch is located on 6,250 acres along a 4 mile…

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It's the beginning of the summer season, and having a spot to sit by a river or lake can be very appealing. Looking for a home or property with some river or water near Park City?

I picked out a few property in the Park City area surrounding communities,  and happy to see some options in different price ranges! 

In Park City, there are some small ponds and streams in a couple of different neighborhoods,  Lower Deer Valley has a few townhome communities on the Deer Valley ponds, with paddleboarding and fishing in the summer (and used for snowmaking in the winter).   Park City's water comes from the mines near Thaynes Canyon, with some small streams weaving through the Thaynes Neighborhood.  

Old Ranch Road also features some streams, flowing…

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Jordanelle and Deer Valley Real Estate - Deer Crest Highway 40 "Portal" Almost Complete

Once in a while, ski resorts undergo expansions, and the real estate and communities in the area can benefit from having the skiing move closer to their front doors.

Deer Valley’s new terrain, lifts and East Village Base area is more than just expansion of ski terrain and a base area.  There’s thousands of new homes and condos planned for the area that are going to have a major ski area as a new neighbor.  

Highway 40 is a major interstate, that has been a barrier between the Northwestern side of the Jordanelle and access to skiing at Deer Valley’s Deer Crest Gondola, which has operated for decades.  There are many residential and resort style communities,…

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How is the Park City vacation rental market?  A Q & A with Jim Anderson at Park City Rental Properties.  

We have many clients that have invested in vacation rental property, throughout the Park City and Deer Valley areas.  These properties vary in location, size and age.  Some owners use the property extensively during the ski season, rent out their home or condo while their not using it to offset some costs.  Others use them less frequently, to maximize the rental revenue.

We do our best to ask our clients how their rental property is performing.  Were bookings up, down or the same during the past couple of years?  Did people book their trips early or wait until later in the season?  We’re hearing mostly that the past season was strong, especially…

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Park City area real estate market snapshot - April 2024

The Park City area real estate market picked up in February, March and April, following a similar pattern to the same time during 2023.  

Pending sales were up year over year in the first four months of 2024.  Some of the new projects around Deer Valley have contributed to pending sales:  the Pioche Condos, Sommet Blanc in Empire Pass, Marcella in East Village.  Below are pending sales, month by month, for all property types.

New listings has also increased year over year, in each of the month of 2024.  We typically see the most new listings in the spring and summer months. 

Total inventory of residential listings was 1398, up from the April of 2023, although still well below…

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The Park City area real estate market was picked up in February, March and April, following a similar pattern to the same time during 2023.  
Pending sales were up year over year in the first four months of 2024.  Some of the new projects around Deer Valley have contributed to pending sales:  the Pioche Condos, Sommet Blanc in Empire Pass, Marcella in East Village.  Below are pending sales, month by month, for all property types.

New listings has also increased year over year, in each of the month of 2024.  We typically see the most new listings in the spring and summer months. 

Total inventory of residential listings was 1398, up from the April of 2023, although still well below pre-pandemic inventory levels.  

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It’s the beginning of May in Park City, and we’ve wrapped up another ski season.  We’re squarely in between ski season and the summer, the town is quieter; restaurants, shops, hotels and other businesses may be taking some time to deep clean, catch up on maintenance, or enjoy some time off. 

I’ve just finished an open house at a listing in the Ridgepoint community in Upper Deer Valley.  Ridgepoint sits at about 8000 feet above sea level, and there’s still plenty of snow on the ground. Some signs of spring are emerging, but it's quiet, and we’ll be waiting for at least six weeks for summer occupancy to pick up. 

My listing in the Ridgepoint community, and many others like it in the area, are used as short term vacation rentals, and are mostly…

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Founder's Place -  New, Luxury Deer Valley Condos Coming Soon

Founder's Place New  Condos For Sale Deer Valley

The renowned luxury developer, East West Partners, will be bringing a new ski in/ski out project to Deer Crest in Deer Valley. Founders Place will be located just minutes from the Deer Crest gate, surrounded by mature trees and prime access to hiking and the slopes of Deer Valley Resort. Founders Place will be comprised of 3 buildings plus an amenities building, and will have a mountain modern aesthetic.  We expect East West to begin marketing the community in January of 2022, and while we can't be sure, prices are likely to begin around 2 million.  

Founders Place will feature two to four bedroom luxury residences and penthouses.   Set in a ski in, ski out location at the base of…

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