Deer Valley or Aspen: What’s the Best Value?
If you’re looking for a slope-side estate, you could buy one in Aspen and spend somewhere between $10 million and $135 Million (Prince Bandar bin Sultan bin Abdulaziz’ place).
Or, you can be a smart value investor, like Warren Buffett or John Jacob Astor, and buy further west, acquiring a similar property at a comparatively bargain price.
Your Opportunity In Deer Valley is Similar to That Realized by Mr. Astor 169 Years Ago
Way back in the 1830′s, Astor became one of America’s richest men by purchasing property just ahead of New York City’s inevitable expansion.
When property values began to soar at one end of the island, growth had nowhere else to expand except in one direction. . .
So, as Astor saw property values in the Wall Street area skyrocket, he bought properties just to the north–directly in the path of inevitable growth–where attractive lots and fine homes could be purchased for a fraction of those to the south.
Then he waited for New York City’s predictable growth to come to him, and push the value of his properties sharply higher.
Such a simple process!
It worked like a charm, and he repeated his strategy again and again, always buying more property a little further north, directly in the path of growth and sharply rising values.
A Similar Opportunity In Deer Valley, Utah
While slope-side properties in Aspen, Vail, and Jackson Hole and are already fully priced, comparable high-end properties are still much less expensive just to the west in Utah.
You now have a similar opportunity with ski property in Deer Valley, Utah–directly in the path of rising values–on the picturesque peak of Bald Eagle Mountain.
Here, among your elite neighbors (Hollywood heavy-hitters and captains of industry), properties are undervalued compared to Colorado, and premier homes can still be acquired for bargain prices compared to other ski resort towns.
864 Reasons Why Deer Valley Real Estate Is Undervalued
The Salt Lake City International Airport is only 36 freeway miles from Park City & Deer Valley.
In 2007, there were 315,502 commercial takeoffs and landing from SLC. Divide that number by 365 and you get an average of 864 daily flights, with non-stop service to 90 cities around the world.
It’s a busy airport, but it’s impressively efficient… For the first six months of 2008, SLC had the best on-time record of the 32 busiest airports in the nation.
Even better, if you fly privately, you can land at the convenient Heber City airport, which is just 20 minutes from Deer Valley.
Remember what it’s like traveling to the ski resorts in Colorado?
Chances are, you changed planes en route to your destination. When your plane landed, you had a couple of hours in the car… Compare this to skiing in Utah:
Growth is Moving Utah’s Direction. Are You Ahead of it?
Utah’s infrastructure is in place to support the wave of growth that’s coming.
Utah spent tens of millions of dollars expanding roads prior to the 2002 Winter Olympic Games.
Utah’s economy has remained strong, boasting one of the lowest unemployment rates in the nation, and one of the highest average real estate appreciation rate in the USA, according to OFHEO (See Charts Below).
Utah Skiing… “This Is The Place”
Brigham Young spoke those words back in 1847 when he arrived at the mouth of Emigration Canyon and first laid eyes on the Salt Lake Valley. There’s a State Park that bears the moniker.
Apparently, the readers of Ski Magazine agree!
For the second consecutive year, Deer Valley earned the distinction of being North America’s number one ski resort by readers of the magazine. In fact, Deer Valley has landed on top 4 of the previous 8 years (if you’re counting).
Warning To Deer Valley Imitators
This is not a political chip that editors auction off to the highest-paying advertisers.
It’s the collective votes received from readers of the magazine.
The ranking incorporates the whole “ski experience.” So weather, lifts, grooming, service, terrain quality, ease for families, and snow quality are all factors.
Are you in the habit of picking up luxury magazines like the Robb Report and Town & Country Magazine?
“No Place in North America Does Skiing as Lifestyle Better Than Deer Valley”
Says Town & Country Magazine, which for the past 161 years has been integral to influential and aristocratic America’s art, culture, travel, and social pursuits.
In fact, there has been a wave of editorial articles highlighting Park City and Deer Valley, Utah.
Bald Eagle Club – The Best of Deer Valley?
The Bald Eagle Club is a private top-of-the-world community surrounded by jaw-dropping panoramas of Utah’s rugged Wasatch Mountains.
Much of the surrounding terrain is steep…
Most of the gentle terrain surrounding the community has no potential for further development, as it’s subject to conservation easements and long-term recreation leases with the ski area.
The only areas where homes can be built in the future are at much lower elevations, out of view of the existing homes.
You can see this for yourself…
Notice how Bald Eagle is surrounded on three sides by dramatic rocky hillsides and an abundance of ski runs!
Bald Eagle is Guaranteed to Remain Among the Most Sheltered, Exclusive, and Most Beautiful Communities in the Rocky Mountains.
What’s more, Bald Eagle is surrounded on all sides by incredible natural beauty.
While the Northwest border of Bald Eagle meets Silver Lake Village at the distinctive Bald Eagle Gate House, the community has few immediate neighbors.
That is, unless you count the thousands of acres of aspen and evergreen forests, blue waters of the Jordanelle, and the many non-human creatures that call these mountains home.
If ever there was a mountain paradise bordered on all sides by incomparable natural beauty, Bald Eagle is that place.
It is a throwback to the way Deer Valley used to be: rural, quiet, private, relaxed, and unpretentious.
Akin to the hippest neighborhoods of New York and Southern California, the relatively few residences in Bald Eagle are an attractive, eclectic mix of luxurious homes that range from $7 to $15 million with true ski-in/ski-out locations along the slopes of Deer Valley Resort.
New to the Market: Bald Eagle’s Crown Jewel
A Deer Valley Ski-In/Ski-Out Estate Warren Buffett Would Love…
Because It Represents Exceptional Value.
Of all the residences atop Bald Eagle mountain, perhaps the crown jewel is 7746 Bald Eagle Drive.
This stately home is located about a quarter-mile up the hill from the manned gatehouse. It’s the big home along the ridge that’s nearly invisible from the road, thanks to the generous planting of trees by the original owners.
But don’t let the mature landscaping and extremely private location fool you.
Inside, you’re treated to epic sunrise views looking over the lake to the East, and dead-on ski-run views of Bald Mountain across the canyon.
The property has just come on the market for a shade under $9 million.
Few–if any–Deer Valley homes can match its unique combination of attractions.
First and Foremost: Views Forever
Observe the unobstructed sunrise views looking down the canyon at the crisp waters of the Jordanelle Reservoir and millions of acres of National Forest beyond.
Only a handful of lots among the roughly 50 parcels in Bald Eagle have any lake views whatsoever.
When the parcels of raw land in Bald Eagle were first offered for sale in Deer Valley’s infancy, this lot was one of the first to sell.
The 180 degree panoramic mountain views from your living room, kitchen, dining room, master suite, and 6 different guest bedroom suites-almost every room in the house-will remain totally unobstructed forever.
You hardly see your neighbors at all!
Even better, the north side of the home, which is on the ski-entry and nanny’s apartment side of the home, is an easement/neighborhood open space parcel so no home will be built adjacent to you on that side.
Superior Ski Access
You may not find many homes with superior ski access anywhere on the mountain.
Here’s how it works…
From the top of the Crown Point Chair Lift, ski down the gentle Sunrise run and turn left off the trail at the small stone wall behind your home.
You’ll pass the two small fenced areas for your dogs, and you click off your skis at the door to your ski prep room.
Quickly & Easily Store Your Ski Gear
Step inside from the cold and collapse onto the long bench seat to peel off your layers. The whole family’s gear stays neat and tidy: racks for your skis, individual cubbies for hats and gloves, and boot dryers for 25 pairs of ski boots!
If you’re just stopping in for a quick pit-stop, you’ll appreciate the convenient powder bath at the end of the stone hall.
The ski-out is just as easy.
Click into your skis, and traverse across your yard about 40 feet to the edge of the ski run, and follow it through the tunnel and down to Deer Valley’s famous “Ski Beach” where you can catch one of 6 nearby lifts to access 4 different peaks on the ski mountain.
The Otto-Walker designed home has been painstakingly and thoughtfully remodeled in recent years, and not just a coat of paint and some new carpet.
The renovation added a completely new mountain-view master bedroom suite that’s nearly twice the size of the original master.
The unfinished loft area was transformed into a cozy bunkroom for kids, plus a full bathroom for their private use.
The small windows on the south side of the home were replaced with huge floor-to-ceiling windows that capture the spirit of the magnificent natural setting.
The area above the garage features a fully-appointed Nanny’s apartment suite for your staff or “special relatives,” complete with its own kitchen, laundry, and separate exterior entrance.
Grand Chef’s Kitchen With Gorgeous Appliances
On the main level, the Kitchen was transformed into a commercial-capacity kitchen that any professional chef would love.
You’ll find TWO huge Sub-Zero refrigerator/freezers, a 60″ Wolf Range with double convection ovens, six burners, and a huge griddle.
Gorgeous slabs of granite provide ample food prep area, and a walk-in pantry keeps your supplies out of site.
The home has been meticulously furnished with custom Ty Loyola and Ralph Lauren furnishings and fabrics, and the offered price includes nearly every piece, with some art, photos, and personal items excepted.
Ever been to an authentic old saloon in a western town?
The stamped copper ceiling harkens to Park City’s storied mining past.
The hand-made furniture in the bar area looks antiqued, but when you open the impeccably disguised cabinets and drawers, you’ll discover modern conveniences like an ice-maker, Sub Zero refrigerated drawers, and a wine cooler. By the way, it’s been retro-fitted with a large flat screen television that’s conveniently visible from the kitchen too.
Fantastic Floor Plan
The floor plan delivers every amenity you’d want in a ski home. The great room is open to the kitchen, bar, and formal dining room, so you could easily party with dozens of people without feeling crowded.
Not to be overlooked, the unobstructed panoramic mountain views from every room are nothing short of breath-taking and must be seen to be appreciated.
From now on, you can live, sleep, and work, and whenever your heart desires, look upon the vast eternally impressive natural setting.
Success is Sweet in Deer Valley, Utah
Share your success with those you love, and make a knockout impression on business colleagues.
This home has strong bones, with thick beams, expansive woods, solid doors, high-end fixtures and quality craftsmanship throughout.
It was designed top to bottom to entertain in generous style.
To your guests, this home says success in so many ways.
Seated like a monarch atop a glorious peak…
This 8900+ square foot giant offers 9 generous bedroom suites, 11 baths, massive stone fireplaces, fun kids bunk-room, two wrap-around decks with privacy and views, hot tub, and indoor sauna.
It’s got everything you could want for luxurious family and business entertaining.
Superior Site & Setting
Your property is a spacious 1.14 acres, and it seems ever so much bigger.
Perhaps because that’s because you face the mountains and your “front yard” feels like thousands of acres-unobstructed as far as your eye can see.
That is such a treat because you’ll never know how the mountains will surprise you on any given day.
Deer Valley, Utah: There’s Magic in These Mountains
Some winter storms carpet your world with the lightest, driest snow imaginable. It’s so extremely dry that the kids won’t even be able to make it stick together for a snowball bonanza. Hint: it’s one reason why some people fly halfway around the world to visit Deer Valley, even though it snows in their back yards at home.
Other times, you’ll be amazed at the palate of striking fall colors the oaks and aspens display, from reds to yellows, to gold, against a backdrop of the clearest blue sky you’ve ever experienced.
On other mornings, as you sip coffee on your deck and greet the rising sun over the lake, you’ll watch a hawk hovering over the high peaks, prowling for breakfast.
On a sultry August night, no man-made fireworks show can hold a roman candle to the sight of a summer lightning storm in the distance. It is so spectacular, you will never forget the sight.
Escape To The Mountains
Yet for all its quiet grandeur, this is a big, comfortable, lovable home on top of a ski mountain. You’ll use it all winter to make memories you and your family will cherish for life. Off-season, you’ll steal away from the hurly-burly for long weekends, when there’s little traffic. You won’t have to make small talk with anyone and you’ll be able to regain your priceless inner serenity by sharing quiet time with just the wind, sky, and peaks.
With windows, floor-to-ceiling glass doors throughout and perfect southern exposure, the rooms are bathed in the golden light for which the mountains and especially Deer Valley are renowned.
Everything about this home is generous-the dramatic 28 foot tall cathedral ceilings, giant living room, huge gourmet kitchen, massive stone fireplaces, and ski room even Stein Eriksen himself would admire.
Buy Nothing Until You Compare It To This
If you are in the market for a mountain-top estate…
If you want to buy into the next ski community to see potentially explosive price appreciation, rather than in communities to the east that have already seen such appreciation…
If you want a mountain-top estate surround and permanently protected on all sides by incomparable beauty in one of the last remaining quiet, relaxed unpretentious enclaves of Deer Valley…
If you are looking for the perfect slopeside home to share your success with those you love or make a strong impression on important business contacts…
Then this is a home you must see before you make a decision to purchase any other.
This estate will not stay on the market forever. With true ski-in/ski-out Deer Valley locations so limited, and most of it already fully priced, some smart value hunter is bound to pounce, acquiring a trophy home that is both a prize investment and the personal reward of a lifetime.
For more information, please call Doug Tulloch or Erik Asarian at Keller Williams Park City Real Estate. Toll Free 877-838-2805.