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Our subject matter is largely made up of questions we are asked by clients and other individuals considering Park City as a place to own or to visit. Most of the questions we are asked pertain to our Golf and Ski communities, but we welcome any questions relating to the Park City market or any real estate topic. We will address every question honestly and answer to the best of our ability. We respect our competition but we don’t shy away from discussing differences in product and services when asked. In addition to answering your questions, we enjoy sharing stories of our clients successes, open houses and Golf, Ski and community events of significance.

 

Do any of the other gated communities offer homes in our price range?

By Darrick Olsen
May 19, 2014

Question:

Last winter my husband and I looked around Promontory and Tuhaye and saw several homes that were on display. The homes were spectacular, but way out of our price range (we’d like something under $1,000,000). Do any of the other gated communities offer homes in our price range?

Answer:

An increasing number of people share your objective which has given rise to a new product at some of the gated communities. Promontory has three different “cabin” products and their Trappers cabins are roughly 2200 SF, 3 bedrooms, 3 baths. Of the four 3 bedroom units currently available, only one is listed at under $1,000,000. The most expensive 4 bedroom unit (2700SF) is listed at $1,340,000. Victory ranch is now offering a cabin product as small as 2400 SF and Red Ledges offers Cottages that start at $750,000 (3 bedrooms, 2700 SF) and a similar sized “Mountain Villa” product that starts at around $550,000. Tuhaye does not offer a cabin product at this time and as a completed project, Glenwild will never offer that product (single family home resales start around $1,750,000 at Glenwild). Depending on your location preferences and the activities that you enjoy, you would need to factor in membership costs, amenities (currently available and planned) and HOA fees to determine which gated community offers the best fit for your family. Please feel free to contact us and we’ll make further search an enjoyable process. We can probably do enough online to make your next visit very productive.

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