One hundred and forty one condos closed between January 1, 2014 and this morning, June 3rd in Park City limits (84060). Which Park City condo projects had the most sales? What do these properties have in common? The answer is that most are newer construction, with ski access and value. Even the most expensive condominiums in Park City sell briskly when luxury buyers sense value.
The Most Popular Park City Condos This Year
8. Last Sun at The Cove (4 Sales This Year)
This was the only condominium project that is not walking distance to the slopes that made our list. Last Sun at the Cove are larger townhomes (3800-4300 square feet) located across the street from Park Meadows Country Club. They were designed by Mike Upwall and built between 2004 and 2007. Sold prices ranged from $1,470,000-$1,775,000.
7. The Lodges at Deer Valley® Resort (4 Sales This Year)
These condominiums are located walking distance to Deer Valley® Resort. They were built between 1997 and 1999 and have amenities such as skiers breakfast, swimming pool, and conference rooms/meeting spaces. There is also a front desk for turnkey property management. Sold prices ranged from $589,000 for a 2-bedroom unit to $1 million for a 3-bedroom unit.
6. Silver King (4 Sales This Year)
Built in 1983, Silver King condominiums are a stone’s throw from Park City Mountain Resort. At sold prices ranging from $229,000 to $289,000, they are a real value. Amenities include pool, ski storage, hot tub, sauna and front desk. In the summertime, Silver King isn’t far from all of the beautiful hiking and biking trails the resort and old town have to offer.
5. Town Pointe (4 Sales This Year)
Located steps from the Town Lift, with easy access to Park City Mountain Resort and Historic Main Street, these condos, built in 2002 are all about location. Sold prices ranged from $655,000 to $700,000 for 3-bedroom units. Once the snow melts, hiking and biking trails abound.
4. Flagstaff (5 Sales This Year)
Located in the heart of Empire Pass at Deer Valley® Resort, the Flagstaff condominiums offer an après ski bistro pub, spa, pool, outdoor fire pit, family room, fitness center, sunset deck and private lodge keeper. Built in 2009, sold prices ranged from $1,520,000-$2,185,000. These prices represent a discount of about 30% off the original list price making them extremely popular with value driven luxury buyers.
3. Shadow Ridge Condos (6 Sales This Year)
Located across the street from Park City Mountain Resort, Shadow Ridge condos were built in 1990 and offer a gym, swimming pool, hot tub, and retail area. Many units have been updated and the common area just went through a major remodel. Sold prices ranged from $200-$324,000 for 1-2 bedroom units.
2. Montage Deer Valley® Resort (8 Sales This Year)
The highest priced real estate in Park City and one of the highest number of sales. Montage Deer Valley® Resort condos in Park City are located in a premium ski in/out site at Deer Valley® Resort’s Empire Pass. Amenities include a 35,000 square feet spa, outdoor heated pool & fire pits, several dining facilities, ski concierge, and access to the private residents’ lounge and dedicated residential concierge staff. Montage Deer Valley® Resort is truly upscale mountain living in one of America’s grand resorts. Closed prices ranged from $2,500,000 to $6,299,000.
1. Silver Star (12 Sales This Year)
The most popular condominium project in Park City was built in 2006-2009 and is located slopeside at Park City Mountain Resort. These ski in/ski out condominiums and townhomes are situated in a charming village with restaurant, ski shop and home to the Sundance Institute. The artsy vibe extends to the common area amenities, which include pool, hot tub, gym and private ski lockers. Closed sales ranged from $808,000-$1,725,000.