Drive down highway 40 along the Jordanelle Reservoir and you can’t miss big changes on the mountain. You are watching the construction of America’s first ski resort in over 40 years. Just think—they can learn from everyone else’s mistakes! Extell Development Company is creating a 5-star, 4-season resort, with every amenity you would include if you had the opportunity to build a ski resort in 2023 from the ground up. And the ride from the base of Mayflower to the top of Bald Mountain? It is expected to take under 12 minutes. (Mayflower will have direct access to Deer Valley Resort.)
In addition to building a new resort, Extell is quietly pre-offering 2 luxury real estate developments, Marcella and a Condominium Residence offering. I get into the details of these below.
Mayflower Mountain Resort
Before we get into real estate, let’s talk about the resort! Highlights include:
- A pedestrian-only village with world-class restaurants, unique shops, cafes, and bars.
- A 60,000 sq ft public recreation center featuring a pool, fitness center, movement studio, tennis courts, and pickle ball courts.
- A community ice ribbon surrounded by restaurants and retail shops in the heart of the village.
- A children’s creative center with ski school and daycare.
- An outdoor amphitheater hosting live music and entertainment.
- Membership-only private mountain club located at the base of the gondola.
- Direct access to Deer Valley and its 21 chairlifts, 103 runs, and six bowls spread over 2,026 acres of skiable terrain.
- North America’s largest ski beach.
- Public skier services including dry storage and rental services
- On-mountain dining facilities and warming huts
- Resort discovery center for residential sales and rentals
- Private trails wind through the homesites offering convenience and year-round recreational access
- Less than 10 minutes to Park City’s Historic Main Street
- Luxury Hotel/Condominium Residence with over 60,000 square feet of ballroom space and meeting facilities
- Ski-in and out private homesites
- Multiple future branded hotels, townhomes, and condominiums
Are you excited yet? Park City already offers two world-class ski resorts and three resort bases. But let’s face it, currently only the Canyons offers a village where you would want to hang out and après ski.
Mayflower Real Estate Opportunities: Marcella & Luxury Hotel/Condominium Residence Pre-Offerings
Marcella – Tiger Woods Golf Course
High-end golfers who love to ski, rejoice! 82-time PGA Tour winner Tiger Woods brings his expertise in course design to Utah for this special project. The first of its kind in the Mountain West, the TGR Design course will feature a 36-hole facility when all is said and done. Construction on the first 18 holes will begin later this year, and the development will offer 500 memberships.
Marcella – Ski In/Out Homesites
Marcella has been in a pre-marketing phase since March of 2022 and has sold 41 of the first 68 platted homesites. Marcella lots currently range in price from $2.2 to $4.5 million and will be increasing about 10% at the first of the year, once there is an official announcement regarding Mayflower resort’s management. As many locals know, Extell and Deer Valley’s parent company, Alterra, have been in talks for months regarding the management of the resort.
Situated on the slopes of the new Mayflower Mountain Resort, Marcella is a private, amenity-rich, gated community with a total of 140 homesites. Homesites range from 0.22 acres up to 8.48 acres, many with an incredible ski resort and reservoir views. Lots in the first phase are fully improved and building can commence upon approval of plans. Homes must follow the design guidelines and will range from 3500 to 20,000 square feet, depending on the lot size.
Some homesites allow for a second structure, such as a guest home or caretaker’s home. However, there is no timeline to build. This area was envisioned to be more residential, than transient, with a 30-day minimum on rentals. It is the only true ski homesite community in Utah within walking distance of a resort village and the ability to access a golf membership. There will be a fabulous private ski lodge designed by Olsen-Kundig, specifically for Marcella owners. Contact me for a digital brochure and pricing.
Luxury Condominium Residences
The Luxury Condominium Residence (soon to be branded) is designed to be the premier destination within the Mayflower Mountain resort village. Designed by Oz Architecture, the building will be composed of traditional masonry with an alpine design. There will be an elegant entry with a porte-cochere and common areas providing access to the private residences. Resort amenities include a pool, ski lounge, ski valet, dining options, fitness center and private storage, and underground parking.
The residential component features 55 luxury condos ranging in size from 1-4 bedrooms. The hotel features 387 rooms, 60,000 square feet of event space, including a grand ballroom, and over 10,000 square feet of pre-function areas and multiple conference rooms. Garrison Hullinger Interior Design, a company that has experience with several large mountain resorts and boutique hotels, has been chosen to design the interiors.
Anticipated completion is the fall of 2024, just prior to the anticipated opening of the Mayflower Mountain resort ski area. Residence owners can opt to rent their residences through the Luxury Condominium Residence Program or through another property manager. They may also choose to not rent their residence.
Owners will enjoy reserved parking. The residences are being sold unfurnished to allow each owner to choose their own vision for their unit. Each residence will come with a privately assigned storage unit on a non-residential level. The residences are immediately adjacent to the ski beach, requiring only a 500-foot walk to lift access.
The Mayflower Opportunity
This is an incredible opportunity to get in on the ground level of what is sure to be one of Park City’s most prestigious properties. Current pricing starts at just over $900,000 for a one-bedroom to just under $3 million for a 3-bedroom unit.
Contact me for a digital brochure and pricing. Curious about Mayflower Mountain Resort? I believe Mayflower Mountain Resort will raise the bar for the entire Park City area. It will offer beloved amenities and be an exciting addition to the neighboring communities.
1 Comment
Interested in residential real estate opportunities in Marcella.
Thank you,.