I’ve been involved representing 151 buyers and /or sellers of Deer valley properties over my 20+ year real estate career in Park City. As you can imagine, data is critical in terms of providing meaningful value-added advice to clients. In that regard, I’ve been publishing the Deer Valley Report since 2008 and the first quarter 2018 Report is attached. With the exception of Empire Pass condominiums, which were for the most part dominated by closings in the new One Empire Pass complex, the trends in Deer Valley pretty much follow the market in incorporated Park City as a whole, which was down 21% in dollar volume and 14% in [...]
On Saturday March 31st the new owners of the Talisker Club, and the undeveloped real estate at both Empire Pass & Tuhaye, met with Club members and property owners to give an overview of what is coming under the new ownership’s plan. Saturday’s discussion was largely from the 10,000’ view so to speak, as they will refine the various amenities and other upgrades over the next few months and on July 2nd, they intend to roll out more formal plans. The discussion was led by Mark Enderle, a principal in the new ownership group Storied Deer Valley, LLC, and affiliate of Storied Development (storiedliving.com). Mark’s background in real estate generally, [...]
About the Mayflower Mark Sletten of Engel & Voelkers discusses the newest developments at the new Mayflower development in Deer Valley and the expected impact on the Jordanelle area in general.
It's that time of year again, and the numbers are in! The Deer Valley Report brings you the scoop on the real estate activity in Park City, UT. As with past Reports, it is broken down by area (Empire Pass, Upper Deer Valley, Deer Crest, and Lower Deer Valley). However, due to Deer Valley’s significant expansion plans at Mayflower, this year the report has expanded as well. Read all about it!
The sale of Deer Valley just closed…. Now all we need is snow Just this week, it was announced the resort’s acquisition by a newly formed entity controlled by affiliates of KSL Capital Partners, LLC and Henry Crown and Company, has closed. So, Deer Valley is now part of a portfolio of 13 resorts, plus Canadian Mountain Holidays (a heli-ski operator). Its mountain resorts are in many of North America’s major ski regions: West - Squaw Valley/Alpine Meadows, Mammoth Mountain, Snow Summit, Bear Mountain, June Mountain, Deer Valley, Steamboat and Winter Park. East - Stratton Mountain, and Snowshoe Mountain Resort Canada - Blue Mountain and Mont Tremblant. In our next [...]
Vail Resort's recent announcement of One Park City, its new brand which combines the Park City Mountain Resort and Canyons, has been very well received by locals and frequent guests alike. The Resort is spending $50 million in capital improvements over the summer and fall and all elements will be completed in time for operations this winter. This winter season, skiers and boarders will have access to 7,300 interconnected acres of ski terrain, 17 peaks, and a resort that extends 6.5 miles in length. Its becomes the largest resort in America and the new Quicksilver Gondola will transport riders from the base of on the old Park City Mountain Resort [...]