Pendry Real Estate Information and MLS Listings
Executive Summary: Pendry Residences Park City is a new real estate development at the Canyons Village in Park City, Utah. The construction process was completed in early 2022. This 5-star luxury condo-hotel property is next to the Sunrise Chair Lift in the Upper Village. This area of Park City is known for being a luxurious four-season destination.
Pendry Residences Park City was built and developed by the same group that developed Montage Deer Valley. The 152 luxury residences of Pendry were sold fully furnished, with everything down to silverware.
Pendry is a ski-in-ski-out property with access to The Canyons Village ski resort. The architect designed each residence to maximize the views and natural light.
What to Know When Buying a Pendry Condo at The Canyons Village
During the developer's sales process, I represented more buyers than any non-Pendry agent on the Park City MLS, and we've represented Pendry clients every year since they received occupancy.
The developer of the Pendry property had their new construction real estate purchase contract of 27 pages. We now use a standard Utah real estate purchase contract with a personal property transfer agreement for the Pendry Park City condos for sale that you see on this page.
As with any newer construction in The Canyons Village, there is a 2% transfer fee upon purchasing a Pendry residence.
WE MAKE IT EASY AS POSSIBLE when I accompany you through the buying process. Pendry is a simple property to own for a lock-and-leave ownership experience.
Pendry Residence Bedrooms & Square Footage
The Pendry Residences come in all different sizes and shapes. Due to the nature of the architecture, residences may not have ninety-degree angles.
Below is a chart of luxury condominiums showing the different sizes at 2417 High Mountain Road, Park City, Utah.
|
Bedrooms |
Square Feet Total |
|
Studio: |
446 - 595 SF |
|
1 Bed: |
486 - 1,045 SF |
|
2 Beds: |
1023 - 1,646 SF |
|
3 Beds: |
1509 - 2,256 SF |
|
4 Beds: |
2357 - 2,514 SF |
Pendry Amenities & Services
Pendry Residences Park City has been designed for those who seek a connection to nature and culture. Just steps from a newly planned lift at Park City Mountain Resort, the Residences will range from light-filled studios to sophisticated four-bedroom homes.
The Rec Room is a social gathering area that offers an entertaining atmosphere for daily specials and a great spot to watch games or play on the vintage arcade. The Sports Concierge will help make the experience enjoyable by offering rentals and the newest ski, snowboard, and biking gear. Dedicated staff will make ownership effortless, from booking backcountry guides to stocking the fridge before arriving.
If you're looking for dining and a bar in the area, you'll have plenty of selections. Onsite are the rooftop pool and bar, yurt bar, apres-ski bar, Japanese-American steakhouse, and casual American Dining. All options are great spots to wind down after a long skiing day or spend time in the spa and fitness center.
Pendry Residences Park City offers more than 7,000 square feet of indoor meeting space with thoughtful design and recreational and social amenities.
Pendry Park City Realtor
Embark on your real estate journey in The Canyons, Park City, with the guidance of our experienced Park City real estate agents. Specializing in helping clients buy and sell properties in this prestigious area, we prioritize your needs and interests, ensuring a seamless and successful transaction. As dedicated buyer's agents, our loyalty lies with you, not the seller, making your satisfaction our primary goal.
Are you considering a luxurious Pendry Residence? Our team goes beyond just facilitating your purchase. We comprehensively analyze new construction options throughout Park City, helping you find a property that truly meets your needs. With our deep understanding and professional insight into Park City's real estate trends, we are perfectly positioned to guide you in making an informed decision. Choose us as your professional Pendry Park City Realtor for an experienced approach to securing your dream residence in Park City.
Understanding Rental Investment Opportunities at Pendry Residences Park City
Pendry Residences Park City offers luxurious living spaces and an attractive opportunity for property investment through its rental program. This program is designed for flexibility and profitability, enabling owners to maximize their investment while enjoying their property.
Pendry Residences Park City is an opportunity to own a luxury property and benefit from a thoughtfully structured real estate investment. Understanding the rental options and working with the onsite rental company can align your investment with your lifestyle preferences and financial goals.
- Participation in the Rental Pool: Many residences at Pendry Park City are part of a dedicated rental pool. This arrangement allows owners to generate income from renting out their property when not using it. The rental pool is managed by professionals, which ensures a smooth and efficient rental process for owners.
- Options for Rental Revenue Sharing:
Option A proposes a balanced revenue split, with 50% going to the owner and 50% to Pendry's property management; before this split, a 10% brand fee is deducted. Furthermore, 5% of the post-split income is allocated to a reserve account for maintenance and repairs. Owners choosing this option can use their property for up to 21 days a year, with some limitations during peak seasons.
Option B: For owners seeking more flexibility in using their property, Option B offers a more favorable revenue split of 60% for the owner and 40% for the property management without restricting the number of personal use days. - Advantages of the Rental Program: This program is designed with long-term benefits in mind. The reserve fund created from rental income ensures that the property is well-maintained and its value is preserved over time. It is advantageous if you decide to sell the property later.
- Professional Management Services: The onsite rental company offers comprehensive management services, handling everything from marketing the property to daily operational tasks. This ensures that your Pendry property is well taken care of without any hassle.
Working with the Onsite Rental Company
When considering the purchase of a Pendry residence, it is recommended that you collaborate with the on-site rental company. This partnership ensures smooth integration into the rental program and helps you fully realize your property's investment potential. Additionally, direct communication with Pendry management is advisable for the latest information.
View Every Pendry Residence for Sale
Below, you can see every Pendry Residence for sale on the Park City M . An interesting note about Pendry is that there may be off-market opportunities. I've reviewed the three buildings of Pendry with buyers to help identify properties not on the MLS so they receive the best value based on location, views, and ski access.
Pendry Residences Park City Real Estate Listings
Want to see more condos for sale in Park City, UT? Use our advanced Park City MLS search to find every property for sale from every Park City real estate broker.
Planned High-Speed Lift
The Pendry Residences have a high-speed lift planned to take you up to more than 7,000 skiable acres of terrain with the best snow on earth. Several parties, including the land owner, CVMA, and Vail, are working through the details; we believe the high-speed lift will be installed in front of Pendry Residences within the next few years. Read an article about the new ski lift from the Park Record newspaper.
Interior Features of Pendry:
Interior Features: Ceiling(s) - 9 Ft Plus; Fire Sprinklers; Furnished - Fully; Lock-Out
Fireplaces: Gas
Appliances: Dishwasher; Disposal; Gas Range; Microwave; Oven; Refrigerator; Washer/Dryer Stacked
Equipment: Fire Pressure System; Thermostat - Programmable
Dining Area: Breakfast Bar; Semi-Formal Dining
Exterior
Property Description: Adjacent Common Area Land; On Bus Route
Views: Mountain(s); Ski Area
Style: Contemporary; Mountain Contemporary
Roof: Flat; Metal
Utilities: Cable Available; Electricity Connected; High-Speed Internet Available; Natural Gas Connected; Phone Lines/Additional
Water: Private
Sewage: Public Sewer
Infrastructure and Building Details:
Flooring: Carpet; Tile; Wood
Foundation: Concrete Perimeter; Concrete Slab
Heating: Heat Pump
Cooling: Air Conditioning
Garage Type: Attached: Heated Garage
Parking: Unassigned; Underground; Guest Parking;
What the Pendry HOA Includes:
Amenities; Cable TV; Com Area Taxes; Electricity; Gas; Insurance; Internet - High Speed; Maintenance Exterior; Maintenance Grounds; Management Fees; Reserve/Contingency Fund; Security; Sewer; Shuttle Service; Snow Removal; Telephone - Basic; Water
Terms Offered: Cash; Conventional
Location and Vicinity
Geographic Area: Park City
Major Area: Snyderville Basin
Area: 10 - Canyons Village
Subdivision: Pendry Residences Park City
School District: Park City
Access: Year-Round
Road Frontage Type: Public
Road Surface Type: Paved
Land Leases: None