Blog

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.

 

Sky Silver - A Cool Style Lounge

By Darrick Olsen
Jan 30, 2016

?Imagine sitting an open house in the coolest style lounge for Sundance 2016.  Once the Silver Queen Hotel, the upscale urban flats at Sky Silver offer the ultimate in Old Town Park City location and lifestyle.  Enjoy quick access to Park City's Main Street, Park City Mouskysilver and mainntain Resort via the Town Lift, Deer Valley Resort, restaurants, shopping and entertainment.  Designed by the Elliot Workgroup, the floor plans are sophisticated, thoughtful and encompass the historical elements of Park City.  The Penthouse has a rooftop terrace and is ideal for entertaining, lounging or enjoying a sunset.

 

Find a Park City Real Estate Agent

By Darrick Olsen
Oct 12, 2015

The best Park City real estate agents help their clients buy and sell real estate.  Engel & Völkers - Trabaccone Olsen Advisors does more.  We offer you guidance and insight in ways not every agent can.  In fact, we are designates as "Advisors", to better define the higher level of service we provide.  Engel & Völkers - Trabaccone Olsen Advisors maintains consistently high levels of service experience by managing performance at every level and having a deep understanding that client service is essential.  We start out great and always strive to be better.

On Deck - Dillon & Andrew Playing a Private Client Event On Deck - Dillon & Andrew
Playing a Private Client  Cultural Event

First and foremost, we are the experts. We can recommend restaurants, movie theaters, financial institutions, popular tourist attractions and cultural events. Most importantly, we can talk about the Park City real estate market and where your property is in the bigger picture.   We will provide you with valuable insight that is relevant to your personalized needs and see to every detail throughout the process so you won't have to worry.

 

 

 

Best of Tuhaye and Talisker

By Darrick Olsen
Oct 05, 2015

Owners of Park City/Deer Valley second homes and ski condos, who have enjoyed Park City/Deer Valley as their second home and their family ski vacation tradition, are deciding now that the kids are grown, this is the place for mom and dad to make their primary residence.   With the new golf clubhouse open and operating, Tuhaye is the ideal family community to reside, continue the family tradition for more generations and have the best of both worlds - The Talisker Club at Empire Pass and The Mark O'Meara designed Tuhaye Golf Course.

Our new listing at 9945 N. Timpanogos Court is Prominently situated on one of Tuhaye's hilltop sites this home has views of the Mark O'Meara golf course and Deer Valley Ski Resort. This 5 bedroom, 7 bathroom  home has a large open area and more intimate spaces to capture the spectacular views.  The luxurious finishes include materials used from a varied palette and enhance this very functional and easy flow floor plan.  The kitchen and culinary facilities allow for intimate family dinners and entertaining for groups. Every room in the house invites guests to relax. Includes furnishings and state of the art Meridian theater and electronic equipment.9945 N Timpanogos Circle Kamas-MLS_Size-001-1-019945TimpanogosCir01-1800x1200-72dpi9945 N Timpanogos Circle Kamas-MLS_Size-004-5-039945TimpanogosCir03-1800x1200-72dpi

What do you offer your clients?

By Darrick Olsen
Feb 20, 2015

Knowing where to the best real estate values is much the same as knowing where to find the best snow.   When we ski with our clients, we find them the best snow on the mountain.    When we show real estate to our clients, we find them the best real estate values in town.  If it's a ski property, golf property, vacation home or primary residence, we know the market.   It can be a Deer Valley, Park City Mountain Resort or Canyons Resort ski property.  Or, it can be a Park City, Glenwild, Tuhaye or Promontory golf property.  We know  how and where to find the best values for our buyers and obtain the highest value for our sellers.  We also know and understand the complexities of new construction.  Our exclusive relationships with architects, builders, interior designers and developers allow us to cater to our client's exclusive needs.  Joe and I set aside time each week to study neighborhood market trends, current developer product and new developer releases .  We preview and tour properties.  We talk with architects, builders and developers. We take  notes on the details - design, floor plans, finish level, landscaping features and overall construction  quality.  And, we listen.

Trabaccone-Olsen  The only two names you need to know.

 

Blue Bird Day Deer Valley Ski Resort Blue Bird Day Deer Valley Ski Resort

How Is The Snow In Park City and Should I Buy Real Estate?

By Darrick Olsen
Feb 14, 2015

Let's get it all out on the table, right up front.  When it is February, nearly 60 degrees and sunny in a ski town, you still won't find better snow or have a better ski vacation than you will in Park City/Deer Valley, Utah.  And as you can see from my photos, the Canyons Plaza and Cabriolet is  definitley a cool place to be.  The views from the top of the Canyons are - in the words of the two self proclaimed  "surfer - snow boarders", who rode the lift with me, "Dude, this is totally dope!"  Seasoned by his buddy with insightful follow-up, "Yeah, totally dope!"

On the ride up the lift, I had already discovered they were visiting from "SoCal".  Curiosity got me.  What inspired them to spontaneously drive to Park City from Southern California?  "Oh, Dude.  The Epic Pass, man.  It's totally sick".   "We decided to jet up for the long weekend and chillax, then jet back to P.V."   (We decided to drive up, have fun, relax; then drive back to Palos Verdes whenever we feel like it)  "Park City rocks!!"   Okay...no need for me to sell it.

Back to Real Estate - Two guys in their late twenties.  One is single.  One is married and has two children.   One is in the tech industry.  One is in sports marketing.   Both are very astute.  And, both are bi-lingual.  The generational board dude lingo quickly morphed into an MBA exam.    Their questions to me?  1- Where can  we send the ladies shopping and meet them for dinner?   2- Is now a good time to buy?   After answering the first question, I went right to the second.    Answer - YES!  It's a very good time to buy.   A few reasons to buy?  1- Vail Resorts and their proposed $150mm capital investment in Park City Mountain Resort and the Canyons.  2- Supply is is shrinking.  3- The cost to develop new product has increased and will require increased sales prices.   4- Where else can they buy a second home that is 30 minutes from an international airport,  a 90 minute flight or one day drive from California and has the endless year -round amenities we have in Park City, Utah?   As the saying goes, you come for the winters, but stay for the summers.    It's all about lifestyle, Dude!!

A Cool Place To Be A Cool Place To Be

"Dude, This Is Dope...Totally Dope" "Dude, This Is Dope...Totally Dope"

UPDATE: PCMR v. Talisker

By Darrick Olsen
Jul 31, 2014

 

Some current news regarding the fight for Park a City Mountain are sort.

PCMR v. Talisker: mayor expresses doubts about progress

Statements 'devoid of any real or meaningful solution,' Thomas says Jay Hamburger, THE PARK RECORD POSTED: 07/29/2014 01:20:37 PM MDT13 COMMENTS

Mayor Jack Thomas on Monday issued a prepared statement that appears to express doubts about the progress being made by Park City Mountain Resort and Talisker Land Holdings, LLC as the two sides in a high-profile lawsuit attempt to reach an agreement through mediation.

A filing late last week by Talisker Land Holdings, LLC apparently prompted the mayor's statement. Talisker Land Holdings, LLC and Vail Resorts indicated they would not oppose a PCMR request to stay the enforcement of an eviction order if the resort side posts a bond. The amount of the bond has not been set. Vail Resorts is overseeing the case as part of its long-term agreement to operate the Talisker corporate family-owned Canyons Resort. The deal could be extended to the disputed land underlying most of PCMR's terrain depending on the outcome of the case.

"This latest statement by Talisker only further confirms what has become an all too disturbing pattern of public statements devoid of any real or meaningful solution. For either party to operate the resort next season, each must be willing to compromise and leave something on the table," Thomas said.

Thomas, meanwhile, says there "appears to be a serious disconnect between what both Talisker/Vail and Park City Mountain Resort (PCMR) claim they want and what the community is getting - a fully operational ski resort next season and beyond."

He said there needs to be an agreement that ensures PCMR operates during the upcoming ski season. There have been increasing worries in recent weeks, particularly by the business community and City Hall, about the impacts of PCMR not operating during the 2014-2015 ski season.

"Any attempt to lighten the burden of litigation by narrowing the issues is positive and reassuring. Yet it remains unclear what Talisker/Vail is giving up by this action, and provides no solace for the thousands of area residents and businesses who continue to live in uncertainty," Thomas said.

City Hall was largely uninvolved in the case until recently. Park City leaders, though, became worried about the effects on the community, including the local economy, if PCMR did not open for a ski season or operations were greatly scaled back as a result of the lawsuit.

Thomas in mid-June sent a letter to the top executives at PCMR parent Powdr Corp. and Vail Resorts saying he and the Park City Council were "disappointed" in the progress. Thomas in the letter said City Hall would pay to hire a mediator. The judge ordered the sides into mediation shortly afterward.

The mayor's Monday statement:

"While we applaud Talisker's statement that they are mindful of the uncertainty this legal proceeding is having on the community and the upcoming 2014/2015 ski season, there appears to be a serious disconnect between what both Talisker/Vail and Park City Mountain Resort (PCMR) claim they want and what the community is getting -- a fully operational ski resort next season and beyond.

This latest statement by Talisker only further confirms what has become an all too disturbing pattern of public statements devoid of any real or meaningful solution. For either party to operate the resort next season, each must be willing to compromise and leave something on the table.

Any attempt to lighten the burden of litigation by narrowing the issues is positive and reassuring. Yet it remains unclear what Talisker/Vail is giving up by this action, and provides no solace for the thousands of area residents and businesses who continue to live in uncertainty.

Though Talisker claims minor progress, there remains an immediate need for a short-term solution that confirms resort operations this year. If the parties cannot mutually agree upon a bond amount, Talisker/Vail and PCMR should continue to consider a broad range of attainable short-term solutions that meet their public commitments to support our community, businesses, and residents with a fully operational resort.

Lastly, it shouldn't be lost on anyone that this so-called "non-opposition" statement comes at a time when mediation is underway, yet PCMR and Talisker/Vail still have not accounted for resort operations for the 2014/2015 ski season."

 
 
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