December, 2014 RSS Icon
Found 4 entries for December, 2014.

#1.  5000 Royal Street in Park City can be found in our MLS by clicking the link below.  The mls number is 11402033.  This home has been listed for several years and has had dramatic price reductions.  With superior log craftsmanship and logs that came from the Yellowstone Park Area this property is the epitome of luxury in Park City and Upper Deer Valley.  The Huntsman family knew what they were doing when they built this home with 16 bedrooms, 14 bathrooms, over 22,000 square feet, and possibly the best garage in Park City. 
    #2.  174 White Pine Canyon Rd was built in 2011 on 5.31 acres and has ski in ski out access.  This home is simply spectacular as it was built with keeping the home on a 270 ache in The Colony at White Pine.  There are no…
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If you are an investor in Park City or the surrounding area of Midway, Heber, Kamas call me to discuss the the Big Investor News.  FHA has allowed the flipping waiver to expire.  Over the past few years the Federal Housing Administration (FHA) has not allowed a home to be resold within 90 days of the previous purchase which has caused some headaches for potential buyers and extra holding costs for investors. A property has not been able to be sold within 90 days of the previous purchase even after all updates, repairs are done, and there is a ready and willing buyer.  The waiver expires on 12/31/2014.  

Derrik Carlson

(435) 200-5478

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What does Vail Coming to Park City do for Real Estate Values?

Original Writeup - December 11th, 2014: We have known that Vail would be heavily investing in The Canyons and Park City Mountain Resort for quite some time and we have seen condo and single-family homeowners hold firm on their asking price over the past twelve to eighteen months.  There have been stories that after the news of Vail’s $50 million investment owners increased their asking prices by 10% but that is not the norm in Park City.  Many property owners in Park City see this as a great opportunity for real estate appreciation but are worried about losing the small town feel of Park City.  Park City has seen change and development growth over the past thirty, forty, and even fifty

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Park City - Vail Resorts Inc. has proposed a plan to create the largest ski resort in North America by linking Park City Mountain Resort with The Canyons ski resort.  The new resort will go by the name Park City Mountain Resort and the planned upgrades will include an eight passenger high speed gondola that connects from the base of Silverload Lift at the Park City Mountain Resort to The Canyons Flatiron lift.  The plan for the King Con chairlift is to increase the capacity to a 6-person high speed lift which will provide for the ability to handle higher capacity and keep the lift line wait times reasonable.  The $50 million will also be used to  build a new Snow Hut Restaurant and upgrades to the Summit House Restaurant.  We are told that there will be a

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