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Real Estate Blog

Extell Purchases Mayflower Parcel Adjacent to Deer Valley Resort

FOR IMMEDIATE RELEASE Contact: Anna Laporte, m18 Public Relations, 212-604-0318 x113 | EXTELL DEVELOPMENT COMPANY ACQUIRES LAND ADJOINING DEER VALLEY RESORT FOR SKI VILLAGE

Stichting Mayflower site, over 2,300 acres of land, acquired for master-planned development of ski resort and base area village.

Park City, Utah – November 2, 2017 – Extell Development Company announced today the acquisition of the Stichting Mayflower parcel of land neighboring the Deer Valley ski resort. Over the past year, New York based developer Extell has worked with Stichting Mayflower Mountain Fonds and Stichting Mayflower Recreational Fonds, Netherlands-based companies to acquire the over 2,300 acres of Mayflower land in Wasatch County, just west of the Jordanelle

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Q3 2017 Park City Real Estate Market Statistics

Click on Photo Above to View Specific Graphs

October 20, 2017 – The Park City Board of REALTORS® has released year over year quarterly statistics for Summit and Wasatch Counties. Overall Park City Real Real Estate continues to be healthy, stable, and growing at sustainable rates.  According to the Q3 Statistics complied by the Park City Board of REALTORS® and Rick Klein of Wells Fargo Mortgage, demand in Q3 remains strong with August being the best month since March of 2006 for Pended Sales in the Greater Park City area and overall Pended Sales 8.4% higher in Q3 of 2017 in comparison to this time last year. Demand has been stable and rising over the past 5 years with volume up 16% in comparison to 2016.  Inventory remains stable and low

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Things to Do in Park City 2nd Annual Shot Ski on Main Street

If you're in town looking for Park City Homes for Sale or already own in one of the beautiful communities in our unique town, get down to Main Street and help park City take back it's World Record for the largest number of people to take a shot ski!  Join the Park City Sunrise Rotary, along with premier sponsor, Wasatch Brewery, for the 2nd Annual Park City Shot Ski being held this Saturday October 14th, 2017.  The event will begin at 2 PM on Main Street and check win will begin at 12 PM.  

The organizers are enlisting 1,250 people to reclaim our world record for the largest number of people to take a simultaneous shot of beer lined up and down historic Main Street in Park City.   After the shot, you can celebrate your victory in the Beer Garden at

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Female Foodie's Top Park City Restaurants

I must agree with Brooke our local female foodie.  As a Parkite, we are blessed to have a myriad of food choices available to us.  Whether you are visiting our magical town for the majesty of the ski slopes, our quaint yet classy Historic Main Street, the buzz of the Sundance Film Festival every winter or to experience our unique summer and fall season, there is something for everyone when it comes to fine dining in Park City.  Click here to sift through some thrifty, midrange and fine dining options.

Bon apetit! 

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Of the 63 Apex contemporary ski residences for sale in the Canyons Village, 36 are already under contract.  Showcasing an artful blend of clean contemporary architecture and sophisticated mountain charm, the Apex residences are designed to draw the outdoors in and engage the picturesque landscape. Offering direct access to the slopes from three distinct tiers — the Overlook Level, Plaza Level and Clubhouse Level — three residence styles boast open, airy interiors with generous windows that capture abundant natural light and frame dramatic mountain, village and aspen forest views.

 Click on the picture below to view available residences for sale.

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August 21st, 2017 | Deer Valley Resorts to be acquired by newly formed resort company and joined with Intrawest, Mammoth Resorts and Squaw Valley Ski Holdings.  The newly formed entity controlled by affiliates of KSL Capital Partners, LLC and Henry Crown and Company that in July joined Intrawest Resorts Holdings, Inc., Mammoth Resorts and Squaw Valley Ski Holdings today announced, with Deer Valley Resort, that they have entered into a definitive agreement for the newly formed entity to acquire Deer Valley Resort.  Financial terms of the transaction were not disclosed.  The transaction is subject to certain closing conditions and is anticipated to close prior to the upcoming 2017-18 ski season.

“Deer Valley Resort is one of the preeminent mountain

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The Park City Kimball Arts Festival takes place on Historic Main Street and serves as the primary fundraiser for the Kimball Art Center each year. Proceeds from the Festival enable the Kimball Art Center to provide, free of charge, year-round art exhibitions, gallery tours, Art Talks and to offer art education outreach to teachers, students and our community. 

Now in it’s 48th year, the Kimball Arts Festival is the largest fundraiser of the year for Kimball Art Center and they work diligently to bring you a full weekend of activities! Every dollar received from admission goes to keep the exhibitions and education programs at Kimball Art Center free to the public all year. In 2017, the Kimball Art Center jury hand-picked over 220 artists, 60 of

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Park City Bike Share

It's not every day that you get to boast about living in the coolest city on earth! As if Park City isn't an incredible place to live in to begin with; now we can add e-bike sharing to one of many other firsts!  On Wednesday July 19th, 2017, Park City celebrated the launch of the nation's first fully electric bike share program.  “We want to thank all the people who worked on this and acknowledge the voters who have consistently demonstrated their desire for more environmentally friendly options," said Carolyn Rodriquez Summit County's Transportation Planning Director who spearheaded the effort.  

So what is an e-bike you ask? Unlike a traditional bike, e-bikes makes biking easier on Park City's hilly terrain, by providing an electric pedal assist

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Wasatch Front Market Overview Q2 2017

Read about the Wasatch Back Market in the comprehensive overview our brokerage Berkshire Hathaway Home Services puts together every quarter.  Click on the picture above for a link to the Q2 2017 Report. This comprehensive mid year report provides you with an overview of the activities in the Summit and Wasatch County real estate.  Our market is extremely segmented. Each neighborhood differs significantly in terms of price, home type, features and amenities.

The Berkshire Hathaway Home Services Predictions: Expect additional new developments to come to market in the 2017/2018 time frame in the Jordanelle, Heber and Canyons areas.  Inventory will remain low in many areas, particularly in the Park City Proper residential neighborhoods.  While we

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PARK CITY, UT (July 7, 2017) – Park City Mayor Jack Thomas and City Council announced today a major new initiative to solidify Park City’s rich history of arts and culture. On July 13 and 20, the Park City Council will consider approval of a purchase agreement for a 5.25-acre parcel in the City’s Bonanza Park neighborhood for $19.5 million to form the City’s first-ever Arts & Culture District, with Sundance Institute and the Kimball Art Center as anchor partners. Park City plans to impose a one-percent transient room (lodging) tax to pay for the initial land purchase and development of the site. Sundance Institute and the Kimball Art Center have signed letters of intent to purchase land in the new district from the City and will participate in a joint

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