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Newsletter of the month • September 5, 2024

September Newsletter

by Bibi Vladimirova
As summer draws to a close, we’re ready to welcome the magic of fall in Park City! Each season here has its own charm, but there’s something extra special about autumn. The days are still warm, the excitement for ski season is building, and—fingers crossed—you won’t have to shovel those sidewalks just yet.
 
As always, we’re here to help you make the most of the season with this month’s must-do’s and tips to savor every moment.
Cheers to the Season Ahead!
Above is an overview of Single Family Homes in Park City Limits and Snyderville Basin.
 
THE OUTDOORS IN PARK CITY. From skiing to biking, skateboarding or hiking, equestrian, SUP boarding, and fly fishing the opportunities go on and on. Find your trail in Park City today! Learn More Here
MOUNTAIN BEER FESTIVAL. Sip and sample brews from over a dozen Utah breweries at the annual Deer Valley Mountain Beer Festival Sept 14th & 15th.
Five5eeds owners Ian Pope, Price Nicol, and Mark Shrayber are expanding their culinary footprint with a new restaurant, Matilda, set to open right next door.
A new restaurant is finally coming to the old Zoom space and it’s going to be good! A new French Brasserie called Le Depot will fill the space—a vibrant French Brasserie in Park City, Utah, will offer a modern twist on authentic French classics, curated by James Beard Award winning Chef Galen Zamarra. And you can get the first preview! Mountain Town Olive Oil is offering restaurant preview class with Chef Galen Thursday Sept 5. where he will demonstrate some of the dishes that will be featured on the new menu. Call 435.649.1400 to reserve a seat. Cost is $75 a person + $20 for optional wine pairing. Find out more about Le Depot.
MARCELLA LANDING – Marcella Landing at Deer Valley® is the most highly anticipated gated townhome community in Utah with construction beginning Fall 2024. This exclusive neighborhood of 50 luxury residences, designed by renowned architecture firm Olson Kundig, lines a prominent ridge overlooking the new Deer Valley® East Village. The first available floor plans are approximately 5,000 square feet and include a great room with breathtaking views, two family rooms, a dedicated fitness and spa area complete with infrared sauna and cold plunge, and a two-car garage and heated driveway that can accommodate two additional vehicles. The community provides direct ski access to the mountain and each residence is inclusive of a Marcella Ski Membership. Marcella Landing is also the only Marcella offering that allows nightly rentals.
 
KEEPING CURRENT MATTERS
WHAT EVERY HOMEOWNER SHOULD KNOW ABOUT THEIR EQUITY
 
Curious about selling your home? Understanding how much equity you have is the first step to unlocking what you can afford when you move. And since home prices rose so much over the past few years, most people have much more equity than they may realize.
 
KEEPING CURRENT MATTERS
WHAT MORTGAGE RATE ARE YOU WAITING FOR?
 
You won’t find anyone who’s going to argue that mortgage rates have had a big impact on housing affordability over the past couple of years. But there is hope on the horizon. Rates have actually started to come down. And, recently they hit the lowest point we’ve seen in 2024, according to Freddie Mac.
 
1580 CRESCENT DR S, PARK CITY
$3,700,000
5 BEDS Separator 6 BATHS Separator 7,242 SQFT
7110 STAGECOACH DR, PARK CITY
$3,330,000
5 BEDS Separator 6 BATHS Separator 6,202 SQFT
2175 EVENING STAR, PARK CITY
$3,650,000
4 BEDS Separator 4 BATHS Separator 4,036 SQFT
543 PARK AVENUE, PARK CITY
$31,000,000
12 BEDS Separator 16 BATHS Separator 11,763 SQFT
JUST LEASED
715 ASPEN LANE, PARK CITY
$13,856 pm
5 BEDS Separator 5 BATHS Separator 7,100 SQFT
6684 W GOLDEN BEAR LOOP, PARK CITY
$13,000 pm
4 BEDS Separator 3F+1H BATHS Separator 2,949 SQFT
2917 QUICK DRAW, PARK CITY
$13,000 pm
4 BEDS Separator 3F+1H BATHS Separator 2,929 SQFT
2024 HIGH STREET, PARK CITY
$12,000 pm
5 BEDS Separator 4F+1H BATHS Separator 5,217 SQFT
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Newsletter of the month • August 6, 2024

August Newsletter

by Bibi Vladimirova
August in Park City is all about embracing the outdoors! Dive into water activities, hit the mountain bike trails, and enjoy a variety of local events. Learn about the Mayflower Lakeside development, stay updated with real estate articles, and explore our featured listings to find your perfect home.
Above is an overview of Single Family Homes in Park City Limits and Snyderville Basin.
PARK CITY WATER ACTIVITIES. Park City is perfect for water activities. Try paddle board yoga on calm lakes or tubing down the Weber and Provo Rivers. Whether you’re rafting, kayaking, or floating, there’s fun for everyone.. Learn More Here
NEWER MOUNTAIN BIKE TRAILS. Here is a list of a few of the new trails in Park City and some honorable mentions as well. Learn More Here
AUGUST EVENTS IN PARK CITY. Enjoy the vibrant community atmosphere and discover something new to do.
MAYFLOWER LAKESIDE DEVELOPMENT – Nestled between world-class ski resorts and Jordanelle Reservoir, Mayflower Lakeside offers a four-season lifestyle with easy access to Park City. The community features modern townhomes and condos with high-end interiors and access to amenities like a clubhouse, pool, and trails. Perfect for both winter sports enthusiasts and summer adventurers, it combines the best of mountain living with convenient proximity to Park City’s vibrant Main Street.
 
KEEPING CURRENT MATTERS
NOT A CRASH: 3 GRAPHS THAT SHOW HOW TODAY’S INVENTORY DIFFERS FROM 2008
 
Here’s why experts are so confident. For the market (and home prices) to crash, there would have to be too many houses for sale, but the data doesn’t show that’s happening. Right now, there’s an undersupply, not an oversupply like the last time – and that’s true even with the inventory growth we’ve seen this year.
 
KEEPING CURRENT MATTERS
ARE HOME PRICES GOING TO COME DOWN?
 
Today’s headlines and news stories about home prices are confusing and make it tough to know what’s really happening. Some say home prices are heading for a correction, but what do the facts say? Well, it helps to start by looking at what a correction means.
 
1454 N DEER VALLEY DR 12, PARK CITY
$1,250,000
2 BEDS Separator 1 BATH Separator 1,211 SQFT
5480 CROSS COUNTRY WAY, PARK CITY
$2,295,000
5 BEDS Separator 5 BATHS Separator 3,346 SQFT
3184 S CALAMITY LANE, PARK CITY
$4,100,000
4 BEDS Separator 6 BATHS Separator 5,630 SQFT
2344 NIGHTHAWK CIR, PARK CITY
$5,590,000
5 BEDS Separator 7 BATHS Separator 6,435 SQFT
2100 DEER VALLEY DRIVE S 9, PARK CITY
$2,750,000
2 BEDS Separator 1 BATH Separator 1,348 SQFT
2197 W SONDER WAY R-16, PARK CITY
$5,600,000
4 BEDS Separator 4F+1H BATHS Separator 3,303 SQFT
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Newsletter of the month • July 4, 2024

July Newsletter

by Bibi Vladimirova
Welcome to Park City in July! Enjoy the lively local scene with summer activities, outdoor dining spots, and exciting July events. Discover the new Ameyalli development in Midway, explore informative real estate articles, and browse through featured listings. Have a wonderful summer and a Happy 4th of July!
Above is an overview of Single Family Homes in Park City Limits and Snyderville Basin.
 
PARK CITY SUMMER ACTIVITIES. Park City offers endless activities. Enjoy fly-fishing, hot air balloon rides, hiking, biking, horseback riding, paddle board yoga, or golfing. An unforgettable summer vacation awaits!
OUTDOOR DINING.
The Lodge at Blue Sky
Just outside of Park City, you can find outdoor dining with stunning mountain views and activities for everyone. Quick gateway and so much to do year round.
 
JULY EVENTS IN PARK CITY. Enjoy the vibrant community atmosphere and discover something new every day to do this July!
AMEYALLI MIDWAY DEVELOPMENT – the country’s only well-being and longevity-focused community built around natural geothermal springs — is being developed in collaboration with Deepak Chopra and the Chopra Foundation. Neighboring Park City and Deer Valley and located at the base of the Wasatch Range of the Rocky Mountains, the property unveils its first model home in June 2024.
 
KEEPING CURRENT MATTERS
FOCUS ON TIME IN THE MARKET, NOT TIMING THE MARKET
 
Should you buy a home now or should you wait? That’s a big question on many people’s minds today. And while what timing is right for you will depend on a lot of other personal factors, here’s something you may not have considered.
 
NAR ECONOMICS & MARKET TRENDS
HOME BUYER OPPORTUNITIES APPEAR TO BE OPENING UP
 
Persistently high mortgage rates in May kept many prospective buyers on the sidelines, says Carl Harris, chairman of the National Association of Home Builders. However, significant unmet demand exists, and we expect mortgage rates to moderate in the coming months, which will bring more buyers into the market.
 
3332 SOLAMERE DR, PARK CITY
$8,495,000
5 BEDS Separator 2F+1H BATHS Separator 6,580 SQFT
492 VALLEY DR, PARK CITY
$2,495,000
5 BEDS Separator 4 BATHS Separator 4,500 SQFT
1580 CRESCENT DR S, PARK CITY
$3,700,000
5 BEDS Separator 6 BATHS Separator 7,242 SQFT
2344 NIGHTHAWK CIRCLE, PARK CITY
$5,590,000
5 BEDS Separator 7 BATHS Separator 6,435 SQFT

 

 
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Newsletter of the month July Newsletter July has arrived in Park City, bringing sunshine, summer events, and plenty of ways to enjoy the season. Check out what’s happening around town this month, from local events to outdoor dining ideas perfect for warm evenings. This issue features a spotlight on Deer Valley’s exciting expansion, the latest market stats, helpful real estate articles, and […]
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Newsletter of the month • June 4, 2024

June Newsletter

by Bibi Vladimirova
June in Park City means the sun shines brighter and the town buzzes with excitement. Dive into market stats, enjoy the Farmers Market, and gear up for hiking and mountain biking. Explore real estate articles and find your perfect Park City home with our featured listings.
Above is an overview of Single Family Homes in Park City Limits and Snyderville Basin.
 
FARMERS MARKETS. It’s that time of year again, The Park City Farmers Markets are back Sundays and Wednesdays! Enjoy fresh seasonal produce and support local vendors this season. Learn More Here
PARK CITY’S SAVOR THE SUMMIT returns to historic Main Street for the largest dinner party in the state. Loosen your belts for Park City’s Annual Outdoor Dinner Party!
This is not your average dinner party!
JUNE EVENTS IN PARK CITY. Enjoy the vibrant community atmosphere and discover something new every day to do this June!
FREE MOUNTAIN BIKING GUIDES
Have you ever wanted to get out on some new trails but aren’t sure where to start or need someone to ride with?Throughout the summer (June through August) we offer free guided group mountain biking rides. Tuesdays are women’s-only rides and on Thursdays, everyone is welcome.
400 MILES OF SINGLETRACK Park City has been recognized by the International Mountain Biking Association (IMBA) as the first Gold Level Ride Center in the world and continues to share that status with five other destinations.
KEEPING CURRENT MATTERS
WHAT’S NEXT FOR HOME PRICES AND MORTGAGE RATES?
 
If you’re thinking of making a move this year, there are two housing market factors that are probably on your mind: home prices and mortgage rates. You’re wondering what’s going to happen next. And if it’s worth it to move now, or better to wait it out.
 
NAR ECONOMICS & MARKET TRENDS
THE DUAL IMPACT OF LOWER MORTGAGE RATES ON AFFORDABILITY AND AVAILABILITY OF HOMES
 
In the current report, Realtor.com®, in collaboration with the National Association of REALTORS®, quantifies the effect of expected lower mortgage rates. To do that, after computing the maximum affordable price, they estimated the number of listings that are affordable for each income group.
 
PARK PEAK DEVELOPMENT. Deer Valley now has a complete go-ahead for its major expansion, which involves adding nine new lifts on four peaks and 3,700 acres of terrain by winter 2025-2026. When the expansion is complete, Park City will be home to two of the largest ski resorts in North America. Deer Valley Resort will grow to over 5,700 skiable acres, making it the 6th largest ski area in North America, and Park City Mountain Resort boasts 7,300 skiable acres—the 3rd biggest. (Photo: Deer Valley).
 
2971 ARABIAN DR, PARK CITY
$2,795,000
4 BEDS Separator 3 BATHS Separator 3,387 SQFT
4712 PACE DR, PARK CITY
$4,450,000
5 BEDS Separator 5 BATHS Separator 5,830 SQFT
1523 CRESCENT DR N, SNYDERVILLE
$6,500,000
5 BEDS Separator 7 BATHS Separator 7,057 SQFT
8379 SUNRISE LOOP, PARK CITY UT
$7,199,000
5 BEDS Separator 7 BATHS Separator 6,749 SQFT
7050 N RIVER VALLEY ROAD, PEOA
$5,750,000
5 BEDS Separator 3 BATHS Separator 4,380 SQFT
6950 N RIVER VALLEY DRIVE, PEOA
$13,900,000
5 BEDS Separator 2F+1H BATHS Separator 6,460 SQFT
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Newsletter of the month • May 17, 2024

May Newsletter

by Bibi Vladimirova
 
Hey there, and welcome to May in Park City!
 
As the weather heats up, I’m excited to share the latest updates with you.
 
First up, let’s chat about the newest market stats. Curious about what’s happening in our area? I’ve got all the details for you.
 
And guess what? Deer Valley’s Summer concert series is just around the corner! Trust me, you won’t want to miss out on the fun and music.
 
Feeling like getting informed? I’ve got some super informative real estate articles lined up for you. Whether you’re a pro or just starting out, there’s something here for everyone.
 
Now, let’s talk food. I’ve found the best outdoor dining spots in town, so get ready for some seriously delicious eats.
 
Need a new home or relocating? Just share your preferences, and I’ll find the perfect property for you, whether for lease or purchase.
 
So kick back, relax, and let’s make the most of May in Park City!
Above is a quick overview of April 2024 Stats for Single Family Homes in Park City Limits and Snyderville Basin.
Courtesy of Deer Valley
Spread out your blankets and enjoy breathtaking views accompanied by the world-class talent of the Utah Symphony as we perform with renowned guest artists and conductors for the 20th annual Deer Valley® Music Festival in Park City, Utah.
WHAT MORE LISTINGS MEAN WHEN YOU SELL YOUR HOUSE
The number of homes for sale is playing a big role in today’s housing market. And, if you’re considering whether or not to list your house, today’s limited supply is one of the biggest advantages you have right now. That’s because your house stands out more when the inventory is low, especially if it’s priced right.
This is not your average dinner party! Park City’s Savor the Summit returns to historic Main Street for the largest dinner party in the state. On Saturday, June 22, 2024 at 6:00 p.m., a variety of restaurants will be serving their specialities to over 2,500 participants, al fresco, as the sun sets behind Main Street.
CROWN CHALET
For those who seek an unparalleled, ultra-private mountain retreat—introducing the Crown Chalet, a 10,870 square foot luxury estate located in the private community of Bald Eagle at Deer Valley Resort®. This exquisitely reimagined residence rests atop a ridge where it enjoys panoramic views of the surrounding mountains, valleys, and nearby waters of the Jordanelle Reservoir.
 
Perfectly centered between the newly expanded terrain and original ski territory of Deer Valley Resort®, this home’s premier location is rare—it boasts both lake and ski mountain views, plus the ability to ski directly from its doors to 14 Deer Valley® chair lifts (on groomed trails, no less).
NAVIGATING THE HOUSING MARKET: A SEASONAL PERSPECTIVE
The housing market exhibits notable seasonality trends that can significantly impact both buying and selling activities. While these trends can vary by area, some patterns can be generally observed across the United States. Understanding these trends and how they might affect the supply and demand of homes can help buyers find better deals, and sellers list their homes when demand is highest.
552 DEER VALLEY DRIVE, PARK CITY
$5,750,000
5 BEDS Separator 4 FULL & 1 HALF BATHS Separator 3,845 SQFT
REQUEST A PRIVATE SHOWING
3279 AMERICAN SADDLER DRIVE, PARK CITY
$7,900,000
5 BEDS Separator 3 FULL & 2 HALF BATHS Separator 5,729 SQFT
REQUEST A PRIVATE SHOWING
8979 UPPER LANDO LN, PARK CITY
$2,750,000
4 BEDS Separator 4 BATHS Separator 4,750 SQFT
REQUEST A PRIVATE SHOWING
5060 N 400 W, PARK CITY
$4,995,000
4 BEDS Separator 1 FULL & 1 HALF BATHS Separator 3,370 SQFT
REQUEST A PRIVATE SHOWING
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Golf • May 17, 2024

Golf in The Wasatch Back

by Bibi Vladimirova
Golf in the Wasatch Back

All the details you need to plan your summer on the links!
As spring transitions into the eagerly awaited summer in our stunning mountain community, outdoor enthusiasts are gearing up for adventures. They’re prepping their bikes, dusting off camping gear and paddleboards, and tightening the laces on their hiking shoes for boundless backcountry escapades. With a plethora of outdoor activities available, the Wasatch Back truly delivers! Additionally, for those who prefer spending weekend afternoons on the links, the Intermountain West boasts a golf landscape featuring over a dozen world-renowned courses. These courses, situated within both public and private golf communities spread across a 35-mile radius, offer over 200 holes to keep you teed up and on par all summer long!

Welcome to this special edition newsletter from Majestic Park City. It’s our insider’s guide to all things golf, providing you with a shortcut from the office to the green! Enjoy this preview and feel free to reach out with any questions about the courses and surrounding communities. If you’re seeking property that offers the exclusivity of a golf course lifestyle, look no further. We are your experts on the Wasatch Back!

GREATER PARK CITY AREA

Public Courses

Click on course name for a link to its website

Park City Golf Club

1541 Thaynes Canyon Drive

  • 18-Hole municipal golf course
  • Open to the public
  • Eight-station driving range, two practice greens, and a putting green
  • Driving Range
  • Players must be at least 7 years of age to play, and at least 16 years of age to be a non-playing spectator. All players must have their own clubs
  • Tee time reservations up to 8 days in advance
  • 435-615-5800

Canyons Golf Course

Canyons Resort

  • 18-hole, par-70 course
  • 550 feet of elevation change
  • Designed by renowned course architects Gene and Casey Bates
  • Soft path features act as cart paths with playable terrain
  • Four sets of tees per hole
  • Hole 10 has a 297-foot elevation change from tee to green
  • Hole 18 has a true island green, 100% surrounded by the Willow Draw Stream
  • Course features seven par-3 holes

Mountain Dell Golf Course

I-80 Exit 134, Parley’s Canyon

  • 16 miles east of Salt Lake City and 18 miles from Park City
  • 6,000 feet above sea level, offer 36 holes of
  • 18-hole reservations only off the 1st tee M-W until noon and Th-Su and holidays until 4 p.m.
  • Driving Range
  • Open from dawn – dusk
  • Practice greens and chipping area
  • Motorized rental carts
  • Rental push carts
  • Adaptive cart – not on-site, please provide 24-hour notice

Homestead Golf Club

700 North Homestead Resort, Midway

  • Par 71 course
  • 6,669 yards from the back tees
  • Plays 4,778 yards from the forward tees
  • Golf course rating is 73.0 from the back tees and 68.2 from the forward
  • Open April 1-October 31st
  • Putting and chipping greens
  • Driving range
  • Club rentals
  • Pro shop offers golfing attire, shoes, clubs, and equipment for men, women, and children

Soldier Hollow

1370 West Soldier Hollow Ln, Midway

  • Championship, 36-hole complex
  • Soldier Hollow was a major venue during the 2002 Winter Olympics.
  • Two 18-hole courses named the Gold and Silver courses
  • The Gold Course is a mountain or foothills course with significant elevation change throughout the course and dramatic elevation changes within each hole.
  • The Silver Course is a par 72 composed of six par 5’s, six par 4’s and six par 3’s
  • Chipping, putting and driving ranges
  • Pro Shop

Wasatch Mountain Golf Course

975 West Golf Course Drive

  • Two 18-hole championship golf courses, the Mountain Course and the Lake Course
  • 6,000 square foot elevation
  • Consistently ranked as favorites among Utah golfers
  • Dress Code – Golf Attire – No Denim
  • 18 Holes – Par 72

Total Yardage:

  • 7041 – Back – 73.0 Rating
  • 5061 – Forward – 62.8 Rating
  • Designed by William H. Neff
  • Driving Range/Practice Areas – Full Grass
  • Full service pro shop, driving range, and restaurant

Private Courses and Clubs

Click on course name for a link to its website

Glenwild

..is rated the number one private golf course in the state, its 18-hole course meticulously designed by Tom Fazio.

Golf at Glenwild is a way of life. Their Golf Professionals provide exceptional training, programs, and host annual tournaments and signature golf events. It is a quiet enclave tucked away right as you enter the Park City area.

 
Glenwild offers a diverse mix of premium homes with a gorgeous and recently remodeled clubhouse, an active golf scene with summer programming, top-notch food and beverage program. Lots and homes available for sale.

Park Meadows

Home to 10 PGA Tour Champions® events, Park Meadows Country Club has since become the premier member-owned golf club in Park City — golfers of every skill level play where the champions have played. Recently named to the Top 10 Courses in Utah by Golf Digest magazine, Park Meadows has also named the “Best Private Course” in Utah by Salt Lake Magazine. The immaculate course is maintained by superintendent John Haynes, named PGA Utah Section Superintendent of the Year for Private Clubs throughout the state.

Promontory

…a City within a city. Promontory rewards those who have a deep-seated passion for one-of-a-kind golf experiences. Find your game at the award-winning Pete Dye Canyon Course or Painted Valley Golf Course — a Jack Nicklaus signature design. Golf Digest magazine ranked the Dye and Nicklaus courses #2 and #3 in Utah, respectively. Few other golf communities in Park City can offer a comparable experience.

Tuhaye

Tuhaye means “good land”, the views are jaw dropping in this neighborhood among the mountains and Jordanelle, and is amenity-rich with one of its key appeals being the Deer Valley on-mountain Tower Club, and a private dining experience on Park City’s Main Street. The Tuhaye golf course sits within the massive 10,000-acre Talisker Club residential development close to the Jordanelle Reservoir, and its eighteen Mark O’Meara-designed holes extend to an incredible 7,800 yards from the back markers. At an elevation of 7,000 feet above sea level, your golf ball will fly far in the thinner air so don’t be put off by the gargantuan overall length of this place, even with four of the par fours on the card measuring in excess of 500 yards.

Victory Ranch

Designed by Rees Jones, the 18 holes at Victory Ranch meander over 7,600 yards of high country with bent grass greens and fairways, bluegrass rough and tall fescue grass lining its boundaries. Named the #1 private course in Utah by Golfweek and among the best in the state by Golf Digest, this course challenges your game while dramatic views of the Jordanelle Reservoir and Uinta and Wasatch Mountains test your focus.

Red Ledges

..is a community centered around a Jack Nicklaus course roughly 30 minutes from the Park City community and beautifully tucked away in the hills of Heber Valley. With landscape and topography reminiscent of southern Utah, Red Ledges is a spectacular newer development rich in amenities and close enough to skiing and Park City that has had a rich appeal to many homebuyers. Big views and development amenities are geared toward families. Homes and lots available.

Wohali

Set between majestic rolling hills and a towering rock bluff sits a meticulously-designed golf enclave. Wohali will offer an unrivaled golf experience, whether you have a lifetime love of the game or are walking the fairways for the first time. Slated for completion in 2027 Wohali will feature a 19th hole on its Eagle course in the event your game ends in a tie. The Nest short course will appeal to generational families. Wohali will be a private resort community 20 minutes outside of Park City in the eastern part of Summit County.

Marcella Club by Tiger Woods

Marcella is honored to partner with 82-time PGA TOUR winner, Tiger Woods, and his golf course design firm, TGR Design, for their first mountain course design. The championship course will feature generous landing areas helping players to keep the ball in play while still challenging players with strategic choices and angles off the tee for the best opportunities to score. The greens will vary in size and contouring to reinforce the tee shot strategy, but with green surrounds mowed tight, players missing the green will be able to use their creativity to make interesting recoveries.

The partnership between Marcella Club and Tiger will be the premier golf experience in the Mountain West resulting in a championship course that will fully take advantage of the stunning Utah setting and be strategically designed to be playable for all.
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Newsletter of the month • April 4, 2024

April Newsletter

by Bibi Vladimirova
Welcome to April in Park City! 🌷
As the days grow longer and our landscape bursts into life, it’s an exciting time to be part of our vibrant community. I’m thrilled to be sharing some wonderful insights and opportunities with you!
Get ready to dive into the latest real estate market stats to stay in the know, find inspiration for delightful spring activities amidst our breathtaking surroundings, explore engaging real estate articles, discover an exciting development on the horizon, and peruse a curated selection of available homes.
Let’s embrace the beauty of the season together and dive into all the amazing experiences Park City has to offer this April!
 
Above is a quick overview of March 2024 stats for single-family homes in Park City Limits and Snyderville Basin. If you need more information about a specific neighborhood, feel free to reach out!
Park City shines in the spring, and there is plenty of time to ski during the springtime in Park City. The sun shines bright amidst clear blue skies, and the snow is still plentiful.
The Salt Lake City-Utah Committee for the Games announced Wednesday that it has identified 13 proposed venues as part of its bid to bring the 2034 Winter Olympics to Utah. According to a press release, the plan includes several existing venues. It also includes bringing new events in skiing and snowboarding big air closer to downtown Salt Lake.
WILDWOOD RESERVE
Wildwood Reserve, located just 30 minutes from downtown Park City and 15-minutes from the back side Deer Valley Gondola, is a new breed of private luxury mountain community. The premiere 96-homesites of the 2,500 Benloch Ranch area have been carved out as Wildwood Reserve for the most discerning owners. Homesites offer sweeping views of the Jordanelle Reservoir in foreground against a backdrop of the Wasatch Mountains. Amenities like a clubhouse and trails are planned, but not yet built, for the master community. Wildwood Reserve owners have a voice through the HOA and can participate in shaping the direction of the seven phase Benloch Ranch.
HOME SALES, PRICES SURGE AS SPRING BUYING SEASON STARTS
Existing-home sales jumped by nearly 10% in February, the largest monthly increase in a year, as home prices continued to soar, the National Association of REALTORS® reported Thursday. And with housing inventory rising in many markets, home buyers are finally finding more options.
6048 S PARK LANE LANE UNIT 67, PARK CITY
$1,495,000
2 BEDS Separator 2 FULL & 1 HALF BATHS Separator 1,450 SQFT
REQUEST A PRIVATE SHOWING
9071 N JEREMY RD, PARK CITY
$2,599,000
6 BEDS Separator 3 BATHS Separator 3,891 SQFT
REQUEST A PRIVATE SHOWING
2970 ARABIAN DR, PARK CITY
$4,450,000
4 BEDS Separator 1 FULL & 1 HALF BATHS Separator 4,127 SQFT
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19 PROSPECTOR DR, PARK CITY
$3,400,000
5 BEDS Separator – BATH Separator 1,894 SQFT
REQUEST A PRIVATE SHOWING
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Newsletter of the month July Newsletter July has arrived in Park City, bringing sunshine, summer events, and plenty of ways to enjoy the season. Check out what’s happening around town this month, from local events to outdoor dining ideas perfect for warm evenings. This issue features a spotlight on Deer Valley’s exciting expansion, the latest market stats, helpful real estate articles, and […]
Newsletter of the month June Newsletter June in Park City is here, bringing warm sunny days, vibrant local events, and endless ways to soak up the season. From strolling through nearby farmers markets to gearing up for 4th of July celebrations, there’s so much to enjoy in and around town. Plus, don’t miss the X Games 2025, happening this month in […]
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Newsletter of the month • March 7, 2024

March Newsletter

by Bibi Vladimirova
Welcome to March in Park City, where the snow is still falling and the adventures never end! Let’s dive into this edition and explore all the exciting things happening in our community. From the latest real estate market statistics to recent snowfall totals and ski resort closing dates, there’s plenty to discover. Plus, indulge in insightful real estate articles, find out about Easter activities and delicious food ideas, stay updated with economic insights, and learn about the new development at Indi Ridge. And don’t forget to check out our available homes – your dream property could be waiting for you! Wishing you a joyful Easter and a delightful start to spring!
Snow showers today (Monday), especially this morning. Additional weak waves of energy could keep the threat of light snow going through Thursday of this week. We will dry out and warm up for the weekend. Next chances for snow looks to be middle of next week- forecaster: Evan Thayer.
Above is a quick overview of February 2023 Stats for Single Family Homes in Park City Limits and Snyderville Basin.
When are Utah ski resorts closing for the 2023/24 season? Check out this list of projected closing dates for ski resorts in Utah to help you plan the rest of your ski season and get those late-season turns in. All projected closing dates are subject to change at each resort’s discretion depending on the snow conditions and other factors.
WHY TODAY’S HOUSING SUPPLY IS A SWEET SPOT FOR SELLERS
Wondering if it still makes sense to sell your house right now? The short answer is, yes. And if you look at the current number of homes for sale, you’ll see two reasons why. An article from Calculated Risk shows there are 15.6% more homes for sale now compared to the same week last year. That tells us inventory has grown.
What’s more romantic than Valentine’s Day spent in the mountains? A day on the slopes and some time at the spa before dinner out on the town. There are many Park City area restaurants offering Valentine’s Day specials. Choose between three or four-course prix fixe menus or, if you prefer, snag a reservation at your favorite Park City restaurant.
INDI RIDGE AT TUHAYE GOLF CLUB
Artfully composed of metal, glass, earth and infinite sky, this rare collection of only 37 distinctive contemporary homes presents an elevated sense of Talisker Club luxury living. Designed by architect Cobus Van Den Berg and built by Big-D Signature with interiors by AMB Design, the low-maintenance, turnkey homes are perched high on a ridgeline embracing the natural theatrics of the Wasatch. The prime location is near the entrance of Tuhaye with easy access to both the Club and the town of Park City. And of course, ownership entitles you to all the benefits of Talisker Club’s unique four-club membership.
HOME SALES ARE HEATING UP AHEAD OF SPRING BUYING SEASON
Existing-home sales accelerated in January as home buyers shrugged off rising home prices—which surged to an all-time high—and took advantage of lower mortgage rates and moderately higher inventory, according to the National Association of REALTORS®.
2998 CANYON LINK DR, PARK CITY
$1,350,000
4 BED Separator 4 BATH Separator 2,349 SQFT
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2752 W HIGH MOUNTAIN ROAD # 1001, PARK CITY
$3,600,000
3 BED Separator 3 BATH Separator 2,050 SQFT
8511 TRAILS DR, PARK CITY
$3,475,000
6 BED Separator 5 BATH Separator 5,424 SQFT
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132 N 100 E, MIDWAY
4 BED Separator 4 BATH Separator 5,176 SQFT
List Price

$2,700,000
4159 MOOSE HOLLOW ROAD, PARK CITY
4 BED Separator 5 BATH Separator 5,113 SQFT
List Price

$3,495,000
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Market Update • February 27, 2024

Semi Annual Market Stats

by Bibi Vladimirova
I’m happy to bring you our latest Semi-Annual Market Stats Report, offering an insightful analysis of the real estate trends in Park City and its neighboring areas over the past six months.
 
Inside this detailed report, you’ll find essential statistical insights tailored to each of the five areas we cover. From the average sold price and days on market (DOM) to active listings and absorption rate, these key metrics provide valuable information for anyone interested in the local market.
 
As your trusted real estate advisor, I’m here to help you navigate these numbers and understand what they mean for your buying, selling, or investment decisions. Feel free to reach out if you have any questions or would like to discuss how these trends may impact your real estate goals.
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Market Update 🏡✨ Our Quarterly Stats Report is here! 📊📈 Dive into the latest trends and insights from the local real estate market in Summit & Wasatch Counties. 🏞️🏠 Whether you’re a homeowner, potential buyer, or just love keeping up with market trends, these stats are a must-read. January 2024 – After a two-plus yearlong real estate roller coaster, Park City Realtors are experiencing […]
Market Update Top 10 Housing Predictions for 2024 Matthew Gardner’s Top 10 Predictions for 2024 1. Still no housing bubble This was number one on my list last year and, so far, my forecast was spot on. The reason why I’m calling it out again is because the market performed better in 2023 than I expected. Continued price growth, combined with significantly higher […]
Market Update Q3 2023 Utah Market Report Regional Economic Overview After picking up in the second quarter of this year, year-over-year employment growth has pulled back again. Utah added 39,000 jobs over the past 12 months, which represents an annual growth rate of 2.3%. This is the lowest pace of job gains since the pandemic started. Job growth was led by the […]
Newsletter of the month • February 6, 2024

February Newsletter

by Bibi Vladimirova
As February sweeps over Park City with its snowy embrace, I’m excited to bring you another edition filled with valuable insights and local delights. In this issue, uncover the latest real estate market stats, discover the best activities to enjoy in Park City this February, delve into informative real estate articles, find the perfect spot for Valentine’s Day celebrations, stay informed with economic updates, and explore a curated collection of real estate listings. Wishing you a month filled with love, joy and warmth!
Above is a quick overview of January 2023 Stats for Single Family Homes in Park City Limits.
Experience the magic of February in Park City! Jam out to live music at the Egyptian Theatre or embrace winter with Nordic skiing and snowshoe tours. Don’t miss out on dog sledding with Rancho Luna Lobos or classic ice skating fun. Come create unforgettable memories with us this February in Park City!
LOWER MORTGAGE RATES BOOST BUYER DEMAND
A more optimistic rate outlook among consumers may signal an expectation that home affordability pressures will ease in 2024,” says Mark Palim, deputy chief economist at Fannie Mae. “Homeowners have told us repeatedly of late that high mortgage rates are the top reason why it’s both a bad time to buy and sell a home. So, a more positive mortgage rate outlook may incent some to list their homes for sale, helping increase the supply of existing homes in the new year.
What’s more romantic than Valentine’s Day spent in the mountains? A day on the slopes and some time at the spa before dinner out on the town. There are many Park City area restaurants offering Valentine’s Day specials. Choose between three or four-course prix fixe menus or, if you prefer, snag a reservation at your favorite Park City restaurant.
DEER VALLEY REVEALS PLANS FOR NEWLY ACQUIRED TERRAIN
Photo: TownLift
Following Deer Valley Resort’s 2023 acquisition of Mayflower Resort, Deer Valley has recently announced the new name and the plans for the base village and ski portal on it’s newly acquired terrain. The brand new ski facilities will be called the Deer Valley East Village, and will be located along highway U.S. 40 headed southbound to Heber City.
 
This facility will house ski school, children’s programs, rentals, retail, and dining choices. The addition of 1,200 new parking spaces exclusively for day-skiers is geared towards enhancing accessibility for the resort and playing a role in easing traffic in Park City. Deer Valley East Village is situated at the base of a significant terrain expansion, where Deer Valley plans to introduce more than 3,700 acres of new ski terrain.
 
This will include 16 new chairlifts, featuring a ten passenger gondola, and will offer ski access across four new peaks, connecting the existing terrain with the newly added Deer Valley terrain. The rollout of the new terrain will occur over multiple seasons, with the majority opening in the 2025/2026 winter season. Upon completion, Deer Valley will consist of over 5,726 acres of skiable terrain, accessible via 37 chairlifts serving 238 ski runs.
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THE DRAMATIC IMPACT OF HOMEOWNERSHIP ON NET WORTH
If you’re trying to decide whether to rent or buy a home this year, here’s a powerful insight that could give you the clarity and confidence you need to make your decision. Every three years, the Federal Reserve releases the Survey of Consumer Finances (SCF), which compares net worth for homeowners and renters. The latest report shows the average homeowner’s net worth is almost 40X greater than a renter’s.
5 DOUBLE JACK CT, PARK CITY
$3,950,000
4 BED Separator 5 BATH Separator 4,287 SQFT
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7301 N SAGE MEADOW RD, PARK CITY
$5,490,000
6 BED Separator 9 BATH Separator 8,820 SQFT
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80 DALY AVE, PARK CITY
$5,900,000
6 BED Separator 7 BATH Separator 3,906 SQFT
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891 CUTTER LANE, PARK CITY
5 BED Separator 4 BATH Separator 4,200 SQFT
List Price

$13,500 pm
1600 PINEBROOK BOULEVARD E#4, PARK CITY
3 BED Separator 2 BATH Separator 1,264 SQFT
List Price

$3,000 pm
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Newsletter of the month July Newsletter July has arrived in Park City, bringing sunshine, summer events, and plenty of ways to enjoy the season. Check out what’s happening around town this month, from local events to outdoor dining ideas perfect for warm evenings. This issue features a spotlight on Deer Valley’s exciting expansion, the latest market stats, helpful real estate articles, and […]
Newsletter of the month June Newsletter June in Park City is here, bringing warm sunny days, vibrant local events, and endless ways to soak up the season. From strolling through nearby farmers markets to gearing up for 4th of July celebrations, there’s so much to enjoy in and around town. Plus, don’t miss the X Games 2025, happening this month in […]
Newsletter of the month May Newsletter Hello May! 🌼Park City is buzzing back to life, and we’re here for it! This month’s roundup is full of exciting happenings—like the Deer Valley Summer Concert Series lineup, a sneak peek at restaurants joining June’s Savor the Summit, and a fresh look at the stunning SkyRidge development. We’ve also included the latest market stats, […]
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