Park City Properties and Lifestyle News Blogs

April 8, 2024

Cabins for Sale in Park City | Dye Course in Promontory

Nestled within the stunning landscapes of Park City, Utah, the Dye Course Cabins offer a perfect mix of luxury, comfort, and natural beauty. Located in the northern part of Promontory, these cabins provide easy access to championship-designed golf courses, outdoor adventures, and exclusive club amenities. Let's take a closer look at what makes the Dye Course Cabins the ideal choice for your next home.

 

A Beautiful Setting

Promontory is known as one of Park City's best mountain and golf communities, and the Dye Course Cabins are right in the heart of it all. With gorgeous views of the Pete Dye Canyon Golf Course and the surrounding mountains, this area is a peaceful retreat just 8 miles from Park City. It's the perfect combination of tranquility and convenience.

 

Luxurious Cabin Living

The Dye Course Cabins offer a variety of homes and land for sale, so you can find the perfect fit for your needs. With three different floor plans to choose from, these cabins range from 3,300 to 5,600 square feet, with three to five bedrooms. Inside, you'll find beautiful rustic details like vaulted ceilings and hardwood floors, as well as spacious kitchens with top-of-the-line appliances. Cozy up by the fireplace or relax on the deck while taking in the stunning views. Each cabin also comes with a two-car garage and a large lot, so you'll have plenty of space to spread out and enjoy.

 

Premier Amenities

Living at the Dye Course Cabins means you'll have access to all the amazing amenities of the Promontory Club. Play a round of golf on one of two championship courses, pamper yourself with a spa day, or spend time with the family at the Kids Cabin. The clubhouse, known as The Shed, has everything from a bowling alley to a movie theater, so there's always something fun to do. And with fishing ponds, shuttle services, and private ski lodges, you'll have everything you need for an amazing lifestyle right at your fingertips.

 

Membership Options

While owning a cabin at the Dye Course Cabins doesn't require a membership, you do have the option to join the Promontory Club. There are three different levels of membership – Golf, Social, and Equestrian – each offering its own perks and privileges. Whether you're a golf enthusiast, a social butterfly, or an equestrian lover, there's a membership option that's perfect for you.

 

Your Gateway to Park City Living

Promontory is conveniently located just 25 miles from the private airport in Heber City and 39 miles from Salt Lake International Airport, making it easy to get in and out of town whenever you need to. Whether you're looking for a weekend getaway or a permanent residence, the Dye Course Cabins offer the perfect blend of luxury, convenience, and natural beauty.

 

Experience Luxury Living with Tom White

If you're ready to make the Dye Course Cabins your new home, Tom White is here to help. As a trusted real estate advisor, Tom can help you find the perfect property and guide you through the buying process every step of the way. Contact Tom White today to start your journey to luxury living in Park City.

Posted in Lifestyle
March 28, 2024

What is still available at Pioche Village Deer Valley Area?

Nestled next to the Deer Valley Resort Jordanelle Express Gondola, Pioche Village offers a peaceful escape amidst nature's beauty. Its closeness to the East Village base area provides both convenience and tranquility, inviting you to enjoy mountain living.

 

Pioche Village

Imagine waking up to stunning views of snowy peaks or lush greenery, depending on the season. Pioche Village has over 400 condos across four buildings, ranging from cozy studios to spacious two-bedroom homes, all fully furnished for your comfort.

 

Unparalleled Amenities

At Pioche Village, relaxation and fun come together seamlessly with this world-class amenities: 

 

  • Relaxing lounge areas and game room
  • Children's playroom for family fun
  • Fitness room for staying active
  • Yoga studio for finding peace
  • Outdoor spa and steam rooms for relaxation
  • Ski lockers and bike storage for outdoor activities
  • Pet-friendly policies with washing stations

 

Rentals at Pioche Village

Interested in investment? Pioche Village allows nightly rentals, giving you the choice to manage your property or use a manager. Share the magic of Pioche Village with guests, creating lasting memories.

 

Current Availability at Pioche Village

Explore the available residences at Pioche Village and imagine yourself embracing mountain living: 

 

Baton | Deer Valley View

 

  • 1233 | $736,000, 1 Bed, 1 Baths, 718 Sq Ft
  • 1133 | $715,500, 2 Beds, 1 Baths, 718 Sq Ft
  • 1234 | $466,000, Studio, 1 Baths, 461 Sq Ft
  • 1134 | $446,000, 1 Bed, 1 Bath, 461 Sq Ft  
  • 1335 | Studio, 1 Bath, 461 Sq Ft 
  • 1235 | $466,000, Studio, 1 Bath, 461 Sq Ft 
  • 1135 | $446,000, 1 Bed, 1 Bath, 461 Sq Ft 
  • 1336 | $769,000, 1 Bed, 1 Bath, 744 Sq Ft 
  • 1236 | 1 Bed, 1 Bath, 744 Sq Ft 
  • 1136 | $729,000, 1 Bed, 1 Bath, 744 Sq Ft 
  • 1337 | $457,000, Studio, 1 Bath, 432 Sq Ft 
  • 1237 | Studio, 1 Bath, 432 Sq Ft 
  • 1338 | $468,000, Studio, 1 Bath, 432 Sq Ft 
  • 1239 | $452,000, Studio, 1 Bath, 447 Sq Ft 
  • 1139 | $432,000, Studio, 1 Bath, 447 Sq Ft 
  • 1340 | Studio, 1 Bath, 410 Sq Ft 
  • 1242 | 1 Bed, 1 Bath, 735 Sq Ft 
  • 1142 | $470,000, Studio, 1 Bath, 490 Sq Ft 
  • 1301 | $774,000, 1 Bed, 1 Bath, 735 Sq Ft 
  • 1201 | $753,500, 1 Bed, 1 Bath, 735 Sq Ft 
  • 1303 | $430,000, Studio, 1 Bath, 410 Sq Ft 
  • 1304 | $467,000, Studio, 1 Bath, 447 Sq Ft 
  • 1204 | $447,000, Studio, 1 Bath, 447 Sq Ft 
  • 1104 | $427,000, Studio, 1 Bath, 447 Sq Ft 
  • 1206 | $432,000, Studio, 1 Bath, 432 Sq Ft 
  • 1307 | $764,000, 1 Bed, 1 Bath, 744 Sq Ft 
  • 1207 | $744,000, 1 Bed, 1 Bath, 744 Sq Ft 
  • 1107 | $724,000, 1 Bed, 1 Bath, 744 Sq Ft 
  • 1308 | $481,000, Studio, 1 Bath, 461 Sq Ft 
  • 1208 | $461,000, Studio, 1 Bath, 461 Sq Ft 
  • 1108 | Studio, 1 Bath, 461 Sq Ft 
  • 1309 | Studio, 1 Bath, 461 Sq Ft 
  • 1209 | Studio, 1 Bath, 461 Sq Ft
  • 1109 | $441,000, Studio, 1 Bath, 461 Sq Ft 
  • 1210 | $736,000, 1 Bed, 1 Bath, 718 Sq Ft 
  • 1110 | $715,500, 1 Bed, 1 Bath, 718 Sq Ft

 

Baton | Lake View

 

  • 1211 | 2 Beds, 1 Bath, 978 Sq Ft 
  • 1111 | 2 Beds, 1 Bath, 978 Sq Ft 
  • 1312 | Studio, 1 Bath, 461 Sq Ft 
  • 1212 | Studio, 1 Bed, 461 Sq Ft 
  • 1112 | 1 Bed, 1 Bath, 461 Sq Ft 
  • 1313 | Studio, 1 Bath, 461 Sq Ft 
  • 1213 | Studio, 1 Bath, 461 Sq Ft 
  • 1314 | 1 Bed, 1 Bath, 744 Sq Ft 
  • 1214 | 1 Bed, 1 Bath, 744 Sq Ft 
  • 1114 | 1 Bed, 1 Bath, 744 Sq Ft 
  • 1316 | Studio, 1 Bath, 432 Sq Ft 
  • 1320 | $774,000, 1 Bed, 1 Bath, 735 Sq Ft 
  • 1120 | 1 Bed, 1 Bath, 711 Sq Ft 
  • 1223 | $753,500, 1 Bed, 1 Bath, 735 Sq Ft 
  • 1123 | 1 Bed, 1 Bath, 735 Sq Ft 
  • 1125 | 1 Bed, 1 Bath, 491 Sq Ft 
  • 1326 | Studio, 1 Bath, 432 Sq Ft 
  • 1329 | $774,000, 1 Bed, 1 Bath, 744 Sq Ft 
  • 1229 | 1 Bed, 1 Bath, 744 Sq Ft 
  • 1130 | 1 Bed, 1 Bath, 461 Sq Ft 
  • 1231 | $471,000, Studio, 1 Bath, 461 Sq Ft 
  • 1131 | $451,000, 1 Bed, 1 Bath, 461 Sq Ft 
  • 1232 | 2 Beds, 1 Bath, 978 Sq Ft 
  • 1132 | $1,064,800, 2 Beds, 1 Bath, 978 Sq Ft 

 

Take the Next Step

Excited to see what Pioche Village has to offer? Reach out to Tom White at ParkCityHomeSales.com today to learn more about available properties and to schedule a tour. Don't miss out on the opportunity to experience mountain living at its finest. Whether you're looking for a cozy studio or a spacious two-bedroom retreat, we're here to help you find your perfect mountain getaway. Get in touch now and take the first step towards making Pioche Village your home away from home!

 

Posted in Current events
March 12, 2024

Investing in Park City, Utah Real Estate: Your Ultimate 2024 Guide

Introduction

Investing in real estate in Park City, Utah has long been a sought-after venture for seasoned investors and new homeowners alike. Known for its picturesque landscapes, thriving tourism industry, and diverse investment opportunities, Park City offers a unique blend of luxury living and lucrative investment potential. In this comprehensive guide, we'll delve into the various aspects of investing in Park City and Deer Valley real estate, providing valuable insights and expert advice for prospective investors.

Exploring Park City Real Estate Investment

Park City, UT, is renowned for its appeal to both local and international investors. Many new investors diversify their portfolios by acquiring properties in Park City, drawn by the allure of short-term rentals and the potential for high returns. With its strategic location and robust rental market, Park City continues to attract investors seeking to capitalize on its vibrant real estate market.

The Best Short-Term Rental Areas in Park City

When it comes to investing in Park City, selecting the right location is paramount for maximizing rental income and property appreciation. Several key areas stand out as prime locations for short-term rentals, offering investors lucrative opportunities for success:

 

  • Park City Mountain Resort (Old Town): Situated in the heart of Park City, Old Town is a vibrant and historic neighborhood known for its charming streets, eclectic dining options, and easy access to Park City Mountain Resort. Properties in Old Town boast proximity to ski slopes, shopping boutiques, and cultural attractions, making them highly desirable for short-term rentals.
  • Deer Valley Resort Area: Renowned for its luxurious amenities and world-class skiing, the Deer Valley Resort Area attracts affluent travelers seeking upscale accommodations and unparalleled mountain experiences. Investment properties in this area offer ski-in-ski-out access, stunning mountain views, and proximity to Deer Valley's renowned slopes, ensuring high demand and premium rental rates.
  • The Canyons Village: As one of Park City's premier ski destinations, The Canyons Village offers a diverse array of recreational activities, dining options, and accommodations. Properties in The Canyons Village provide convenient access to ski lifts, hiking trails, and resort amenities, making them highly sought-after for short-term rentals year-round.

 

These areas are coveted for their proximity to ski resorts and attractions, making them ideal for short-term rentals. Ski-in-ski-out properties command premium rates, especially during peak seasons and events like the Sundance Film Festival, offering investors a lucrative income potential. By investing in properties in these prime locations, investors can capitalize on Park City's thriving tourism industry and achieve significant returns on their real estate investments.

Long-Term vs. Short-Term Rentals

When considering rental properties in Park City, investors often face the choice between short-term and long-term rentals. Short-term rentals, such as vacation rentals, can yield high rental income, particularly during peak seasons and events. On the other hand, long-term rentals offer stability and potential tax benefits for investors, as well as reduced turnover and management costs.

Balancing the advantages of each rental strategy is essential for investors to optimize their returns and mitigate risk. Short-term rentals may generate higher rental income but require more intensive management and may be subject to seasonal fluctuations. Long-term rentals, while offering more stability, may yield lower rental income but provide consistent cash flow and occupancy rates.

Whether opting for short-term or long-term rentals, investors can leverage Park City's robust rental market to maximize their investment potential. By carefully evaluating their investment goals, risk tolerance, and market conditions, investors can make informed decisions that align with their financial objectives.

 

Contact Tom White to get the list of properties in Utah that offer Long-Term and Short-Term Rentals

Finding Your Ideal Investment Property

Navigating Park City's real estate market can be daunting, but with the right tools and resources, investors can identify promising investment opportunities with ease. Utilizing features like map search and advanced filters streamlines the property search process, enabling investors to pinpoint properties that align with their investment objectives and preferences.

Understanding Property Types

Park City offers a diverse range of investment properties, each with its own unique characteristics and investment potential. Consider the following property types:

 

  • Homes: Single-family homes are a popular choice for investors seeking privacy and space. These properties may offer opportunities for short-term or long-term rentals, depending on local regulations and market demand.
  • Condos: Condominiums provide a convenient and low-maintenance option for investors. With amenities like swimming pools, gyms, and onsite management, condos appeal to both vacationers and long-term renters.
  • Vacant Land: Investing in vacant land offers the potential for future development and appreciation. While vacant land may not generate immediate rental income, it can be a strategic long-term investment for investors with patience and vision.
  • Commercial Properties: Commercial real estate, such as office buildings and retail spaces, presents opportunities for investors seeking income-generating properties. Commercial properties may require specialized knowledge and management but can offer stable returns in the right market conditions.
  • Fractional Ownership: Fractional ownership allows multiple investors to share ownership of a property, typically a vacation home. While fractional ownership provides access to luxurious properties at a fraction of the cost, it may come with restrictions on usage and resale.
  • Multi-Unit Residences: Multi-unit residences, including duplexes, triplexes, and apartment buildings, offer multiple streams of rental income. Investing in multi-unit properties requires careful management but can provide significant cash flow and appreciation potential.

 

Each property type presents unique opportunities and considerations for investors, requiring careful evaluation to determine the best fit for their investment goals and preferences. By understanding the characteristics of each property type, investors can make informed decisions and maximize their investment returns in Park City's dynamic real estate market.

Unique Investment Approaches

Exploring alternative investment approaches can open up new avenues for investors to maximize their returns and diversify their portfolios. Consider the following unique strategies:

 

  • New Construction Investments: Investing in new construction projects presents an opportunity to capitalize on emerging developments and secure properties at pre-construction prices. Early investors in such projects may benefit from significant appreciation upon completion. However, new construction investments carry risks such as construction delays, cost overruns, and market fluctuations.
  • Speculative Home Building: Speculative home building involves constructing homes without a specific buyer in mind, to sell them upon completion. This strategy offers the potential for higher returns but requires careful planning, market analysis, and financial resources. Investors must be prepared to navigate uncertainties such as fluctuating construction costs and market demand.

 

While these alternative investment approaches offer the potential for higher returns, they also entail increased risks and complexities. Conducting thorough due diligence, including market research, financial analysis, and feasibility studies, is essential for mitigating risks and maximizing returns. Additionally, consulting with experienced professionals, such as real estate agents, contractors, and financial advisors, can provide valuable insights and guidance throughout the investment process. By carefully evaluating the risks and rewards associated with non-traditional investment avenues, investors can make informed decisions and optimize their investment strategies in Park City's dynamic real estate market.

Conclusion

Investing in Park City, Utah real estate offers investors a wealth of opportunities to capitalize on the town's vibrant market and scenic beauty. Whether pursuing short-term rentals, long-term investments, or alternative investment strategies, Park City provides a fertile ground for investors to achieve their financial goals. By leveraging local expertise, conducting thorough research, and staying informed about market trends, investors can unlock the full potential of Park City's real estate market in 2024 and beyond.

 

For personalized guidance and expert insights into Park City's real estate market, connect with Tom White today

Posted in Lifestyle
Feb. 19, 2024

Salt Lake County Home Sales Poised for Growth in 2024 + What Is It Like to Live in Salt Lake City, UT?

Utah's housing market appears to be on the upswing, offering promising opportunities for both buyers and sellers. A recent forecast commissioned by the Salt Lake Board of Realtors suggests that home sales in Salt Lake County are set to increase significantly in 2024, marking a positive shift from the previous year's lows.

The report indicates that Salt Lake County is projected to experience a notable 16% increase in home sales, with approximately 13,000 homes expected to be sold throughout the year. This uptick represents a much-needed improvement from the 12-year-low of only 11,195 home sales recorded the previous year.

Several factors contribute to this anticipated surge in home sales. More favorable mortgage rates, improved consumer sentiment, and an increase in listings are among the key drivers behind the projected growth. Mortgage rates are forecasted to decline to the 6-6.5% range over the next year, with a further decrease to 5.5-6% by 2025.

However, as mortgage rates soften, home prices in Salt Lake County are expected to rise accordingly. Forecasters predict a 3% increase in the median sales price for all homes, bringing the median to $530,000. Single-family homes are anticipated to see a 2.4% growth, reaching approximately $600,000, while condos, townhomes, and twin homes could experience a 5% price hike to around $436,000.

Living in Salt Lake City at a Glance:

Salt Lake City (SLC) is situated in the northeast corner of the Salt Lake Valley, surrounded by the Great Salt Lake to the northwest, the Oquirrh Mountains to the west, and the Wasatch Range to the east. According to recent Census results, Salt Lake City's population is slightly over 204,657, within an area of about 111 square miles.

Cost of Living in Salt Lake City:

Salt Lake City's cost of living surpasses the U.S. standard index of 100, standing at 121. However, Utah's income tax rate is relatively low at 4.65%, which is notably lower than neighboring states like Idaho, where it’s 5.8%.

City-Wide Transportation:

Salt Lake City boasts excellent walkability, complemented by accessible transit options, including buses, the TRAX light rail, and the FrontRunner commuter rail. For cyclists, the city provides numerous bike lanes, promoting eco-friendly transportation alternatives.

Education Opportunities:

SLC offers outstanding public school districts and renowned universities, such as Brigham Young University, the University of Utah, Weber State University, and Utah Valley University, catering to diverse educational needs.

Sports Teams:

Sports enthusiasts can root for the Utah Jazz, the state's NBA team, or enjoy baseball games by the Salt Lake Bees at Smith’s Ballpark, providing exciting entertainment options for residents.

SLC Weather:

Salt Lake City enjoys approximately 222 sunny days annually. Summers are characterized by hot and dry weather, with an average temperature of 73°F, while winters bring cold and wet conditions, with an average snowfall of 54 inches and rainfall of 20 inches per year.

Job Opportunities:

Utah has been ranked #1 by U.S. News & World Report for employment and economy, boasting an unemployment rate of 2.8% in SLC and steady job growth across various sectors, including construction, education and health services, and leisure & hospitality.

The SLC Food Scene:

Salt Lake City offers a diverse culinary landscape, with notable establishments like Red Iguana for authentic Mexican cuisine, Antica Sicilia for traditional Italian fare, and Sapa Bar & Grill for delectable sushi and Thai dishes, catering to diverse palates.

Arts and Culture:

SLC hosts a vibrant array of cultural events, including performances at Capitol Theatre and Abravanel Hall, renowned festivals like the Sundance Film Festival and Utah Arts Festival, and live music experiences at venues throughout the city.

Shopping Opportunities:

City Creek Center features luxury brands alongside unique local shops like Decades Vintage Clothing and Blue Velvet Bunny, offering residents a variety of shopping experiences to explore.

Fun Things to Do in Salt Lake City:

From family-friendly attractions like Hogle Zoo and Discovery Gateway Children’s Museum to educational experiences at Tracy Aviary and Clark Planetarium, Salt Lake City offers a plethora of activities for residents of all ages to enjoy.

More Affordable Housing:

Compared to similar U.S. cities like Denver, CO, Salt Lake City offers housing at a lower cost. In Denver, the average home price is $563,300, while in Salt Lake City, it's around $540,000. From Victorian homes to bungalows, condos, townhomes, and apartments, there's a diverse range of housing options available in SLC.

Rental Costs:

Similarly, rental prices in Salt Lake City are more affordable compared to Denver. The average monthly rent for a one-bedroom apartment is $1,650 in Salt Lake City, whereas it's $2,000 in Denver, providing better value for renters.

Top Residential Areas in Salt Lake City:

  • Greater Avenues – Niche ranks the Greater Avenues neighborhood as the best in Salt Lake City. It boasts stunning views of the state Capitol and the Salt Lake Valley, along with a variety of Victorian-style homes and spacious condominiums. The area also offers green spaces like Memory Grove Park and outdoor activities at Bonneville Shoreline Trail and City Creek Canyon.
  • Sugar House – Sugar House is renowned for its lively atmosphere and ranks fourth on Niche's list of best neighborhoods in Salt Lake City. Its name originates from settlers who farmed sugar beets in the area over a century ago. Today, it's known for its progressive community vibe, with numerous bars, stores, and restaurants. Victorian homes and bungalows are common, and residents enjoy Sugar House Park for outdoor recreation.
  • Foothill – Foothill is ideal for families or retirees, nestled near the mountains and close to attractions like the Natural History Museum of Utah and the Utah Museum of Fine Arts. The neighborhood offers single-family homes and condominium complexes with amenities such as private pools and clubhouses, providing a serene retreat for residents.

Interested in Relocating to SLC? Let Park City Home Sales Help:

Considering a move to Salt Lake City? Our team is here to assist you every step of the way. Whether you're searching for your dream home in the heart of the city or exploring suburban neighborhoods, we have the expertise to help you find the perfect property to suit your lifestyle and budget. Contact us today at 435-640-0217 to get started on your Salt Lake City relocation journey!

Posted in Lifestyle
Feb. 8, 2024

Why Midway, Utah Makes a Compelling Choice for Your Second Home Investment

Investing in a second home isn't just a financial decision; it's a lifestyle choice. Nestled amidst the picturesque Wasatch Mountains, Midway, Utah, emerges as an ideal location for those seeking tranquility, adventure, and investment potential. With its blend of natural beauty, recreational opportunities, and community charm, Midway offers a compelling case for why it should be at the forefront of your second home investment considerations.

Convenient Access to Urban Amenities and Culinary Delights:

Midway strikes the perfect balance between serenity and convenience. Situated away from the urban hustle yet within easy reach of Salt Lake City, residents enjoy the best of both worlds—access to urban amenities while relishing the peace and tranquility of mountain living.

The town also boasts several notable dining establishments:

  • The Midway Mercantile, housed in a charming 140-year-old brick building, offers a diverse menu featuring pub fare, pizzas, fresh pasta, seafood, and more.
  • The Blue Boar Restaurant, an establishment for special occasions, enchants visitors with its elegant atmosphere and award-winning fine dining experience.
  • For a more casual dining experience, Lolas on Main Street crafts dishes using locally sourced, organic ingredients, offering sandwiches, salads, and delectable desserts.
  • The Heirloom Common and Heirloom Market on Main Street provide a unique culinary experience, offering a variety of cuisines from different restaurants in one inviting locale.
  • Indulge your sweet cravings at Midway Bakery for cinnamon rolls or Suss Cookie Company for a tempting selection of classic and innovative cookie flavors.

Year-Round Outdoor Recreation:

Midway is a haven for outdoor enthusiasts, offering a myriad of recreational activities against the backdrop of majestic mountains:

  • In winter, visitors can enjoy skiing, snowmobiling, and snowboarding, while summer brings opportunities for hiking, mountain biking, fishing, boating, and swimming.
  • Swiss Days, an annual celebration of Alpine heritage, features a vibrant market, delicious food, parades, and entertaining sheepdog contests.
  • Explore the unique geological wonder of Homestead Crater, a geothermal spring nestled deep within the earth, offering opportunities for relaxation or scuba diving adventures.
  • Golf enthusiasts can tee off at the picturesque Homestead Golf Club, followed by a refreshing stop at Fanny's Grill.
  • Embark on a farm tour at Kohler Creamery, where you can meet the cows and indulge in fresh dairy products and local fare.
  • Witness the mesmerizing Ice Castles, crafted by skilled ice artists each winter.
  • Memorial Hill offers panoramic views of the entire valley, providing a serene setting to honor veterans.
  • The Provo River beckons anglers with its abundant rainbow and brown trout, while also offering opportunities for thrilling whitewater rafting adventures. Check out this blog to explore the best flyfishing spots and rivers in Utah. 

Proximity to Ski Resorts and State Parks:

Midway's strategic location provides easy access to world-class ski resorts and scenic state parks:

  • Deer Valley offers pristine slopes and a plethora of winter and summer activities.
  • Deer Creek State Park and Wasatch Mountain State Park provide ample opportunities for camping, hiking, fishing, and other outdoor pursuits.

Community Spirit and Safety:

Midway fosters a vibrant community spirit, highlighted by events like Swiss Days and local farmer's markets, creating lasting bonds among residents. Moreover, the town is renowned for its safety and trust among neighbors, offering peace of mind in an increasingly uncertain world.

Diverse Housing Options:

Midway offers a diverse range of housing options, catering to various preferences and budgets:

  • Popular neighborhoods like Interlaken and Charleston provide a mix of suburban charm and scenic beauty, attracting families and retirees alike.
  • Housing options range from quaint cottages to spacious estates, ensuring that there's something for everyone.

Investment Potential:

Midway presents a compelling case for investment, with its strong rental market and steady appreciation in property values over the years. If you want a copy of the latest trends and market reports of this neighborhood, we’d be more than happy to send it to you. 

If you're considering Midway for your second home, reach out to Tom White at (435) 640 0217. We specialize in helping you explore the diverse real estate options available in this captivating town. Whether you're drawn to historic homes with mountain views or modern retreats near Soldier Hollow, Midway has the perfect property waiting for you.

Posted in Lifestyle
Jan. 26, 2024

Deer Valley's Big Expansion Revealed to the Public

Deer Valley Resort has unveiled its plans for the recently acquired Mayflower Resort, marking a significant development in the skiing landscape. The new ski facilities, to be named Deer Valley East Village, will be strategically located along Highway U.S. 40, headed southbound to Heber City. Emphasizing a commitment to its founding principles, Deer Valley aims to enhance accessibility and enrich the guest experience through this expansion.

This facility will house essential amenities such as ski school, children's programs, rentals, retail, and dining options. Additionally, the provision of 1,200 new parking spaces exclusively for day-skiers aims to improve accessibility and alleviate traffic concerns in Park City.

Deer Valley East Village, positioned at the base of a substantial terrain expansion, is set to introduce over 3,700 acres of new ski terrain. The expansion includes 16 new chairlifts, featuring a ten-passenger gondola, providing access across four new peaks that connect the existing and newly added Deer Valley terrain. The phased rollout of the new terrain is scheduled over multiple seasons, with the majority opening in the 2025/2026 winter season.

Upon completion, Deer Valley Resort will boast over 5,726 acres of skiable terrain, served by 37 chairlifts accessing 238 ski runs. 

Apart from the expanded terrain and new ski facilities, Deer Valley East Village will feature 800 hotel rooms, nearly 1,700 residential units, 250,000 square feet of retail and commercial space, and 68,000 square feet dedicated to recreation. The Grand Hyatt Deer Valley, expected to open in late 2024, will contribute 387 guestrooms, 40 suites, 55 private residences, and nearly 40,000 square feet of conference and event space. The partnership between Deer Valley and Extell Development Company underscores their commitment to establishing a destination where luxury, recreation, and accessibility seamlessly converge.

Mayflower Ski Resort Homes for Sale

Mayflower Mountain real estate offers an incredibly wide variety of property types, styles, sizes, and amenities. Whether you want a luxury condominium at Mayflower Lakeside, a homesite to build a custom property at Marcella, or a wellness-focused community like Velvaere, there are many great options for Mayflower Utah and Deer Valley East Village real estate.

Look through the active listings here, but make sure you reach out to Park City real estate expert to get the most in-depth and custom guidance for your decision. Contact us today!

Posted in Current events
Jan. 18, 2024

Buying a House in Park City, Utah: Understanding the Timeline

Acquiring a residence in Park City, Utah involves some preparation and planning, given the area's desirability. This guide sheds light on the distinctive stages of purchasing a property in Park City, offering insights into each phase and the factors impacting its duration.

Research and Financial Preparation (1-3 Months):

Embarking on the home-buying journey in Park City entails one to three months of research and financial readiness, subject to individual circumstances.

Actions: Prospective buyers evaluate their financial position, assess credit scores, and establish a budget for the purchase.

Market Understanding: Due to Park City's diverse property offerings, ranging from luxurious mountain retreats in neighborhoods like Thaynes and Empire Pass to charming family homes found in Park Meadows and Silver Springs, to fractional offerings at The Grand Summit Hotel, thorough research on neighborhoods and local market trends is essential.

Mortgage Pre-approval (2-4 Weeks):

A critical step, obtaining mortgage pre-approval typically spans two to four weeks.

Process: Buyers compile financial documents for evaluation by lenders.

Advantage: Apart from clarifying loan eligibility, pre-approval positions buyers favorably in Park City's competitive market.

Worth noting is that approx. 50% of buyers purchase using all cash. Contact us to learn how to position yourself as an all-cash buyer, even when using a mortgage. It will save you money and time by not having to overbid cash offers.

House Hunting and Offer Submission (2-6 Months):

The search for the ideal Park City property can take two to six months, influenced by market conditions and personal preferences.

Collaboration: Buyers work with real estate agents, explore listings, visit homes, and refine their search.

Negotiations: Upon selecting a property, the offer and negotiation phase, including home inspections and counteroffers, ensues.

Contract to Closing (15-45 Days):

The contract-to-closing phase typically lasts about 15 to 45 days.

Steps: This period involves a home inspection, property appraisal, title search, escrow activities, and finalizing financing.

Completion: The closing process concludes with document signing and fund transfers, marking the official home purchase completion.

Possession and Move-In (Closing Day Onward):

Post-closing, the move-in timeline varies based on renovations or repairs.

Final Step: With Park City's scenic beauty, moving becomes an exciting transition, with timelines differing based on property conditions and renovation plans.

Factors Influencing the Timeline:

The home-buying process in Park City is influenced by various factors, including:

  • Market Conditions: Seasonal trends and economic factors shape the buying experience.
  • Custom Home Builds: Opting for a custom-built home significantly extends the timeline due to design and construction phases.
  • Contingencies: Offer contingencies, such as home sale dependencies or repair requests, can impact the timeline.
  • Financing Challenges: Mortgage approval delays or financial hiccups can prolong the process.

In conclusion, the timeline for purchasing a home in Park City varies, offering a journey filled with unique opportunities and decisions. Tom White from ParkCityHomeSales.com is committed to providing an exceptional experience in securing your luxury Park City investment. For personalized guidance in navigating Park City real estate, contact our team at (435) 640-0217 and embark on the journey to your dream home amidst the majestic mountains of Utah.

Posted in Lifestyle
Jan. 16, 2024

Utah Shines as the Second Healthiest State in America According to Forbes

Nestled between majestic national parks, a vast network of state parks, and a sprawling 20,000-mile trail system, Utah's breathtaking landscapes are not the only reason it's making headlines. Forbes Advisor's recent comprehensive health assessment has placed Utah as the second healthiest state in the nation, and the accolade goes beyond its scenic beauty. Boasting impressive statistics in disease prevention, substance abuse mitigation, and promoting healthy lifestyle habits, Utah emerges as a beacon of wellness.

Disease Risk Factors and Prevalence:

Utah has successfully showcased commendable achievements in disease risk factors. Notable statistics include the lowest cancer mortality rate, the second-lowest percentage of adults with high blood pressure, the fourth-lowest percentage of adults with high cholesterol, and the sixth-lowest chronic liver disease mortality rate. These numbers underscore the state’s commitment to health and wellness.

Substance Abuse Mitigation:

Utah's stance against substance abuse is exemplary, securing the fourth-lowest percentage of adults identified as heavy drinkers (5%) and the fourth-lowest number of adults reporting illicit drug use in the past month (8,075.01 per 100,000 state residents). This indicates a proactive approach towards creating a healthy environment and fostering a community committed to sobriety.

Comparison with Other States:

Hawaii may have clinched the top spot, but Utah’s remarkable score of 11.34 out of 100 points positions it as a close second. The proximity to Hawaii’s perfect score of 0 highlights Utah’s success in fostering a healthy environment for its residents. 

In the category of lifestyle habits and health outlook, Utah ranks sixth nationally. The state proudly claims the lowest percentage of adults who smoke (6.7%) and takes the second spot for adults least likely to report a lack of exercise in the past month (16.9%). These figures emphasize Utah's commitment to promoting healthy behaviors and creating a culture of fitness and well-being.

For those seeking a vibrant and active lifestyle, Park City stands out as the second-best place to live in Utah. With at least 10 ski resorts within a 45-minute drive, Park City is a winter sports enthusiast's haven. Along its historic main street, the annual Sundance Film Festival is a magnet for movie fans and Hollywood celebrities in January. In the warmer months, visitors and residents enjoy an abundance of cultural events, golfing, hiking, fishing, boating at Jordanelle Reservoir, and mountain biking.

Discover family-friendly neighborhoods in Park City such as Jeremy Ranch, Silver Springs, and Park Meadows. Additionally, explore the luxury of ski-in/ski-out communities like Deer Crest, Apex Residences, Black Diamond Lodge, and St. Regis for an unparalleled living experience.

Considering a move? Utah, and particularly Park City, offers not only a healthy lifestyle but also a vibrant tapestry of adventure. Embrace the second healthiest state in the nation and make Utah your home. Contact Tom White from ParkCityHomeSales.com today to find the perfect property that aligns with your vision of a healthy, active, and fulfilling lifestyle. 

Posted in Lifestyle
Jan. 5, 2024

Pioche Village: Condominiums Near Deer Valley Resort

Pioche Village is conveniently located directly adjacent to the existing Jordanelle Express Gondola, providing direct access to Deer Valley Resort. The property is minutes from Jordanelle State Park and Extell’s new base village. Downtown Park City and Salt Lake City are both a short drive away. The Residences at Pioche Village offer a new and elegant mountain lifestyle. These fine homes offer custom finishes and materials inspired by their beautiful natural environs. Each residence features the signature Extell Choice of kitchen cabinetry and stone details. The sophisticated design is complemented by a suite of first-class amenities offering definitive Utah mountain living.

Condo Variety and Amenities

Pioche Village presents an array of studio and one-bedroom residences, ranging from 410 to 750 square feet. For those desiring a bit more space, two-bedroom condos are also available. The commitment to comfort extends beyond the four walls – all residences come fully furnished, ensuring that the transition to mountain living is seamless.

Residents are treated to a host of amenities that elevate the Pioche Village experience. Unassigned parking, a fitness room, laundry facilities, a hot tub, a steam room, ski storage, and an arcade are just a glimpse of the offerings that await. 

Pricing Insights

Studios start in the mid $ 400k, while one-bedroom condos beckon at a starting price of $700,000. It's a golden opportunity to invest in a slice of alpine paradise.

Parking Options

For residence owners, the question of parking is a breeze at Pioche Village. Each condo unit is entitled to park one vehicle within designated areas of the condominium project. Surface parking, available on a first-come, first-served basis, comes at no extra cost. However, for those desiring assigned underground parking, a fee applies. The allocation of these coveted spaces follows a system, ensuring fairness and accessibility.

Are pets allowed at Pioche Village?

Pet lovers rejoice as Pioche Village welcomes pets, albeit with some considerations based on number, weight, and breed. 

Are nightly rentals allowed?

Owners can choose to manage rentals themselves, opt for a property manager, or select a rental company of their preference. It's flexibility that aligns with the diverse lifestyles of Pioche Village residents.

For more information or to schedule a private viewing at Pioche Village, contact Tom White at (435) 640-0217 or email Tom@ParkCityHomeSales.com.

Posted in Lifestyle
Dec. 26, 2023

New Parking Garage Proposal for Canyons Village

TCFC, the primary developer of Canyons Village, has recently revealed a proposal for a state-of-the-art multi-level parking garage, set to replace the Cabriolet Lot. This new facility will offer more than 1,800 covered parking spaces and will be strategically located adjacent to the existing cabriolet in the Lower Village area, at the southeast corner of the Lower Village Road and Frostwood Drive/Canyons Resort Drive intersection. The aim is to eliminate various surface lots across the village and alleviate traffic congestion.

Situated conveniently off S.R. 224, the garage is designed with multiple entrances and a four-lane drop-off area to ensure a seamless morning arrival experience. The ground level will feature a pedestrian plaza, serving both as a gathering space and offering easy access to various transit options. The garage's aesthetic appeal will be enhanced by glass escalators and a charming natural pine exterior, combining functionality with visual allure.

Pending approval from Summit County, the project will unfold in three phases:

  • Garage Construction
  • Enhancement of connectivity between the parking garage and an upgraded transit center, complete with gathering spaces, restrooms, and landscaping.
  • Expansion of public gathering spaces and commercial opportunities.

Construction is slated to commence in 2024, with a targeted completion date in time for the 2025/2026 ski season. Further details about the project can be found HERE.

Posted in Current events