In short, these luxury condos are walking distance to the slopes at Deer Valley resort as well as the St. Regis and on the free bus line just a couple minutes from Park City’s Main Street.

We have helped a couple buyers secure fantastic deals there in the past few months and now there is some extreme motivation on the part of the bank that owns two units there. Seems the bank has bumped up against its debt limit and they are now being forced to fire sale their remaining units in Red Stag. There will be a 20% price reduction on these two units in the next couple days.

These are two bedroom, three full bath beautifully appointed condos with private hot tubs and full kitchens.

These condos sold three years ago for well over a million dollars and they will now be dropped to just $499,000! Similar sized units next door in Powder Run are on the market for twice as much! There are two of these units available and when the price change hits the MLS there will be immediate interest as this is an extreme value for its location.  Click here for details and photos Red Stag Deer Valley Best Buys

One more great Deer Valley buy is higher on the mountain in the Ridgepoint complex.

These upper Deer Valley condos offer ski in and out access to the complex, great views, as well as tennis courts and a pool.

This particular unit is priced $250,000 less than another similar unit and is the lowest priced upper Deer Valley condo available. This is also an extreme value and will go quickly.  Ridgepoint Best Buy

If you have been waiting for the right time to get a great deal in Deer Valley, your time has come!

Contact one of our team to take advantage of these incredible opportunities…

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The opening of Montage Deer Valley was the biggest Deer Valley news event of the 2010/11 ski season.

Montage had been pre-selling residences during the challenging economy of 2010, and began the ski season with three pending sales.  The developer kept to their construction schedule, and the first owners of Montage Deer Valley Residences took possession of their condos in late December 2010.

Deer Valley Montage: “Build it and They Will Come!”

As the ski season progressed, so did sales momentum at Montage Deer Valley.  So far, 5 Montage Residences have sold, and 5 more are pending sale, bringing the total number of sold/pending Montage Deer Valley residences to 10.  On top of those ten sales, the developer is working with prospective buyers on a couple of additional sales.

Montage Deer Valley Sales Statistics, as reported by the Park City MLS

Montage First Tracks Discounts: Going, Going….

The developer is offering 20% discounts, ability to choose from nearly any residence in the building, and a smorgasbord of additional benefits to only the first 15 buyers at Montage Deer Valley.   You’ll find a summary of the Montage First Tracks incentives here:

http://blog.parkcityrealestateguide.com/montage-deer-valley-first-tracks-incentives/

Want More Montage Deer Valley Info?

Please send us a quick note and we’ll help you quickly and easily learn whatever you want to know about Montage Deer Valley.

Related Deer Valley Montage Hotel Posts:

Montage Deer Valley Utah Location

Montage Deer Valley Residences For Sale

Montage Deer Valley Floor Plans

Montage Deer Valley “First Tracks” Prices and Incentives

Deer Valley Montage Hotel

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The Montage Spa and Restaurants opened to the public on December 8, 2010.  Hotel guests were able to stay in the hotel beginning  one week later–December 15, 2010.

Here are all of the available Montage Deer Valley Condos for Sale.

In previous posts, we shared extensive information about the new Deer Valley Montage hotel.  Here are the links…

Related Deer Valley Montage Resort Information:

Montage Deer Valley Sales Update Spring 2011

Montage Deer Valley Utah Location

Montage Deer Valley Residences For Sale

Montage Deer Valley Floor Plans

Montage Deer Valley “First Tracks” Prices and Incentives

Deer Valley Montage Hotel

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As I sit here in my home office at 6000 feet watching the snow fall fast and furious it seems like a good time to speak of the season that is already upon us.  With three resorts open alreadyand seven more resorts opening in the next couple weeks, Utah’s ski season is off to a great beginning (10 inches of new at Snowbird last night!) It seems like just last weekend I was golfing in short sleeves, oh that’s right, I was, and it looks like I’ll get a few rounds in later this week too. It’s called cross training, and like fly fishing, it can be done every month of the year here in Utah, despite the ‘Greatest Snow on Earth’ piling up in the higher elevations

Many already know about Utah’s embarassing plethora of skiing options, the fantastic weather and the feather light powder might  but let me illustrate a few of Utah’s skiing finer points for the uninformed (like those who continue to suffer through Colorado ski vacations) by using some of the results from Ski Magazine’s Reader Resort Survey.

I kid the Coloradans, it’s a beautiful place and if you have plenty of time to travel not a bad place to visit, but having lived in both states I don’t think there is much of a comparison when it comes to recreation.

Utah or Colorado:  Pop Quiz…

Q: What state has the most national Parks in the US?  A: Utah

Q: How many ski resorts are located within an hours drive from the Denver Airport     A:    Zero

Q:  How many ski resorts are located within an hour’s drive from Salt Lake International     A:  Eleven

Park City Utah Dominates Ski Magazine Rankings

Sorry Colorado, I won’t even mention that Deer Valley was rated the number one resort in North America for the 4th year in a row, that would be too easy and I know makes the fans of Disney World in Colorado very frustrated (if there was an award for most expensive contrived ski ‘town’ Vail would take it hands down! Pay to park? $12 hot chocolate? Sure why not!)

Rounding out the Park City resorts, Park City Mountain Resort was ranked 5th overall and the Canyons was ranked #18.

My bold prediction…The on mountain  improvements the Canyons is making this year will enable  it to challenge for the Top 10 next season.

Best Ski Resort Weather, Access, Snow, and Value…

Here are a few of the more interesting rankings in the Ski Magazine survey which ranked the Top Ten Resort in each category

Access: (What could be more important except perhaps Snow?) Seven of the top ten most accessible resorts were in Utah. Seven. Seven to Utah and Snowbasin and Powder Mountain were’t on the list!

Snow: (Arguably the most important category for snow sliding enthusiasts) Seven of the Top Ten rankings went to Utah Resorts. One to Colorado.

Weather: Critically important to a successful ski trip.  Five of Top Ten rankings to Utah resorts

Value: (Need we say more?) Five of the Top Ten to Utah resorts.

How to Ski for Free in Park City, Utah

Utah is a skiers paradise and Park City is Mecca. Come see for yourself this winter and experience what  you have been missing. Oh, and to sweeten the trip how about a free Park City lift ticket on your arrival day? 

We welcome your questions and comments. If you come to Park City this winter, be sure to visit us in our offices in Deer Valley Plaza.

Cheers

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Amazing Opportunity for Bank Owned Condos a Snowballs throw from Deer Valley Resort: The Best Inexpensive Deer Valley property you have never heard of…

Red Stag Lodge Condos Are Bank Owned Now…

The Red Stag Lodge was  built in 2002 as a small european style luxury hotel with 11 separate apartments.

Located steps away from Snow Park Lodge (with shuttle and bus service just outside the door) it is a lovely building with surprisingly luxurious and extensive common area amenities and a location that is irreplaceable.

Red Stag Lodge Deer Valley Location

Location is a term overused in real estate, but in this case it means everything. This is truly a walk to skiing at Deer Valley property. Yes, the same Deer Valley that was just voted North America’s best ski resort for the  fourth year in a row. Also, it is walk to concerts in the summertime!

Foreclosures: Deer Valley Condos

There are currently 5 bank owned fully furnished two bedroom units with private decks and hot tubs. That is 5 as of today, but these may not last long since they are priced $300,000 less than two bedroom units next door in Powder Run.

Red Stag Lodge Amenities

New owners of these units will take advantage of the building’s common areas, including a work out room, spa, steam room, sauna, as well a small dining room and kitchen.

Rare Deer Valley Foreclosures–Act soon or miss out!

This is truly one of those opportunities that come along once in a very great while in Deer Valley.

Here is a link to the real-time available Red Stag Condos for sale in Deer Valley

If you are at all interested you must contact us today at 435-714-0909.

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On the heels of their two previous successful auctions in Deer Valley, Utah this year (Silver Strike Deer Valley Auction and Lookout Deer Valley Auction), Accelerated Marketing Partners (AMP) will be holding a Sealed-Bid Auction for 11 Luxury Park City Estates.

Park City Estates Sealed Bid Auction

The sealed-bid auction for the 11 luxury homes located in some of Park City and Deer Valley, Utah’s most exclusive neighborhoods will be held on August 27th.

The sale is comprised of nearly $80 million worth of one-of-a-kind estates, each complete with an array of amenities more commonly found in the most highly-appointed residences of the Hamptons, Montecito and Monte Carlo.

Several of the homes feature ski-in/ski-out access at Park City’s acclaimed ski resorts or are located in exclusive golf communities.

The estates are being sold by motivated individuals ready to commit to the highest bidder through a transparent buying process with published reserves; these reserves range from $1.495 million to $15.875 million and are up to a 54 percent slash in price.

Park City Auction Minimum Bids:

Published reserves for August 27th sale range from $1.495M to $15.875M.

“As the nation’s largest sealed-bid, published reserve auction, this watershed event offers a once-in-a-lifetime opportunity for prospective buyers around the country to purchase preeminent mountain homes at unbeatable prices,” said Ken Stevens, west coast CEO and co-founder of Accelerated Marketing Partners, a national, full service real estate marketing firm that has conducted high-end new development auctions around the country.

All 11 estates being offered at the August 27 sealed-bid auction are available for immediate occupancy.

The properties are…(drum roll please)

DeerField Estate, Deer Crest Deer Valley

This 15,000-square-foot estate,was previously the most expensive listed property in all of Deer Crest when it was taken off the market a year ago. DeerField Estate overlooks Park City and Jordenelle reservoir.  The home has seven master suites and 11 bathrooms, a private gondola for ski-in/ski-out access, indoor swimming pool, billiards, theater, family room with open truss cathedral ceilings and a wine room with 18th Century French cast-iron doors.

DeerField Estate has a published reserve that’s a 54 percent slash in price from the previous asking price.

Deer Crest Home

This 9,657-square-footestate on 0.66 acres is situated on the Jordenelle reservoir view-side of Deer Valley® Resort and features six bedrooms and seven baths. There are multiple dining areas, radiant heated floors, and the estate is fully landscaped with terraces, patios and decks.

Deer Crest has a published reserve that’s a 19 percent slash in price from the previous asking price.

The Colony at White Pine Canyon

Nestled among the Aspen trees along the ski slopes of The Canyons Resort®, this 7,000 square-foot fully-furnished estate on 6.24 gorgeous wooded acres is located within The Colony, a gated ski-in/ski-out  community.  The home features six bedrooms and eight baths, an open-showcase kitchen, five stone fireplaces, a wine cellar, and a state-of-the-art theater system.

Published reserve is 32% less than previous list price.

Promontory

Located in Park City’s exclusive Promontory golf community, this 8,224-square foot estate on 2.5 acres features six bedrooms, six full baths and two half-baths. There is a home theater with a trestle wood ceiling, wood mantles carved by a local sculptor and a wine closet with custom mahogany racks as well as a separate upper level apartment for guests that is complete with kitchen, sleeping quarters and bath.

Promontory has a published reserve that is a 31 percent slash in price from the previous asking price.

Old Town Park City

This newly built 4,400-square-foot estate is situated in the heart of Old Town Park City, conveniently located a few feet from Park City’s Historic Main Street and the Town Lift.  This spacious four-bedroom and six-bath home includes four custom stone fireplaces, a master suite with a home office area and a private elevator to service the living spaces, as well as an oversized three-car garage.

The published reserve for this estate is  is 33 percent slash in price from the previous asking price.

Tuhaye Home

1.88 acres of hillside land and surrounded by open space and scrub oak with incredible views of the Jordanelle reservoir, Deer Valley® Resort, Mt. Timpanogos and O’Meara golf course. This 7,000-square-foot estate includes six bedrooms and eight bathrooms. Additional amenities include seven fireplaces, a media room, wet bar and a gourmet kitchen with a wine room.

Tuhaye has a published reserve that’s a 22 percent slash in price from the previous asking price.

Knoll Estate

As part of Deer Valley’s Knoll Estates, an exclusive gated community located in Silver Lake Village, this 7,218-square-foot estate has six bedrooms and five baths. The home also features five fireplaces, gourmet kitchen, ski prep room, fitness room with sauna and hot tub, attached two-car garage, and heated walkways and driveway.

Knoll Estate has a published reserve is a 30 percent slash in price from the previous asking price.

The Lookout

This new 5,866-square-foot estate at upper Deer Valley® Resort offers spacious mountain living and is located within minutes of Silver Lake Plaza via a private shuttle service. The home features five bedrooms, 5.5 baths, an elaborate gourmet kitchen, stone fireplaces, vaulted beam ceilings, oversized decks, and a spacious two-car garage.

The Lookout has a published reserve that is a 54 percent slash in price from the previous asking price.

Old Town Park City

Just an easy walk from the renown Park City’s Main Street and Park City Mountain Resort® lift is this 3,100-square-foot home featuring three bedrooms and 2.5 baths, a fully equipped gourmet kitchen, two fireplaces, a home theater and a private outdoor hot tub overlooking Park City.

This Old Town Park City home has a published reserve which is a 23 percent slash in price from the previous asking price.

Midway, Utah

Located only minutes beyond Park City in breathtaking Midway is this 7,500-square-foot estate provides 360-degree views of Herber Valley, mountains, lakes, hot springs and golf course.  The home boasts soaring 23-foot vaulted ceilings, three bedrooms and baths, five rock wall fireplaces, two fully equipped gourmet kitchens and an attached guest suite and three-car garage.

Midway has a published reserve that’s a 53 percent slash in price from the previous asking price.

Stag Lodge

With private Deer Valley® Resort ski-in/ski-out access, this 3,397-square-foot condominium is situated in the ideal mountain location.  The four-bedroom, five-bath home is luxuriously furnished and features four fireplaces, fitness room and outdoor pool, as well as clubhouse shuttle service.

Stag Lodge has a published reserve that is a 24 percent slash in price from the previous asking price.

Park City Estate Auction Deadline to Bid

Sealed bids must be submitted to Accelerated Marketing Partners no later than August 27th at 5:00 p.m. MDT.  Bidders may thoroughly view all properties prior to this deadline.

Want to Tour the Park City Auction Homes?

If you are interested in previewing any of the homes in person, please contact us immediately at Toll Free 877-838-2805 or email us at: auction@parkcityrealestateguide.com and we will make arrangements for your family to take a personal tour of the luxurious residence(s) that caught your attention.

Preview Minimum Bids Now!

For more information on the Park City estates sealed-bid auction, including the minimum reserve bids for the 11 available estates, please complete the form below:

When you submit your request, you will be directed to a page that shows all of the properties and their bid details.

Don’t forget to check your email for your SPECIAL BONUS:

We will send you a link to the auction website where you can browse disclosure documents, floor plans, photos, virtual tours of the homes, inspection reports, etc…

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Park City Real Estate Guide’s Success Strategy #1: 
Write an Offer on Properties Owned by Desperate Sellers

We get emails every week from readers of our blog wondering which sellers are the most desperate, need out, are teetering on the edge of bankruptcy, etc. 

Some sellers advertise their motivation with shocking low list prices.  And these properties sell quickly.  These are the low-hanging fruit, and you better be watching the MLS on a daily basis (or hire us to watch it for you) if you want to grab one of these obvious winners.

But this strategy doesn’t always uncover the BEST PARK CITY DEALS.   How to you find the less obvious bargains?

Park City Real Estate Guide’s Success Strategy #2:
Write Offers on Foreclosures & Bank Owned Properties

Everybody wants to buy a foreclosure these days.   But don’t fall into the trap of assuming that this is your only way to grab a super Park City home or condo at a below-market price.  This common Park City buyer mistake could actually cost you money. 

True, banks are in the business of liquidating properties these days, and some of our clients have found smokin’ deals on bank-owned properties.  If you have cash that you’re ready to invest, this can be an outstanding strategy, but it’s not the only play in our playbook.

Park City Real Estate Guide’s Success Strategy #3:  Write an Offer on a “Short Sale”

Like the first two strategies, this one works too.  Don’t be attached to any specific time frame, because this process could take months.  It’s not hard, it just takes patience and know-how, which we can share with you.

So if you don’t care if you own a Park City property this year or next, and you don’t need a loan to make a deal work, this could be the strategy for you. 

But it might not be the best way for you…or even the best deal!

Park City Real Estate Guide’s Success Strategy #4:  
Write an Offer on Properties Where Sellers have Equity to Spare

Most buyers overlook this most effective strategy.  They’re so focused on chasing short sales, competing with other buyers for foreclosures, and waiting for a well-priced property to hit the MLS that they miss some of the best properties–at the best prices–in the Park City & Deer Valley marketplace.

Buying a property from a billionaire who no longer needs a condo in Deer Valley for whatever reason isn’t such a bad idea. 

They can afford to sell, they want to sell, and you can structure these types of deals on time-frames that work for you.  You’re free from all the hassles and heartburn of dealing with banks who ignore your offers.

Park City Real Estate Guide’s Success Strategy #5:  The ULTIMATE Success Strategy

Have you noticed the pattern yet? 

In order to get a great deal, write offers. 

Yes.  It is that easy! 

We’ll find out soon enough…

• Which sellers are indeed desperate to sell
• Which banks want the property off their books this month
• Which lenders will accept partial payoffs
• Which sellers can actually afford to sell

BONUS TIP: Don’t trust wimpy order-takers to manage your investment process. 

Securing the best properties at the best prices requires tenacity, determination, and experience during the negotiation process.  We write lots of offers–we’re efficient and strategic about the process.  

We’ve had offers ignored, shreadded, spit on, torn-up, and rejected.  But we don’t care…because we’ve gotten a lot of them accepted too! 

When you work with us, you won’t wonder if you could have gotten the property for less.

You don’t need to be here in town–we can handle all the paperwork via email or fax.  We’ll take as much time as you need to feel comfortable with us and the process during the first go-around, and then on subsequent offers we’ll work together like a well-oiled machine.

If you have been researching Park City or Deer Valley real estate from afar…

And you recognize the signs that the market is turning…

And you’re finally ready to stop dreaming about owning a Park City property and ready to make it happen…

Contact Our Professional Real Estate Concierge at Toll Free 1-800-485-0218 for a FREE Confidential Consultation About Your Investment Objectives. 

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The Silver Strike Auction and post-auction Deer Valley Condo Fire-Sale in Empire Pass revived the ski-in/ski-out Deer Valley condo market like a turbo-charged defibrillator!

Smart developers jumped on the bandwagon…

…And reacted decisively to the auction-level pricing, including Flagstaff and Lookout at Deer Valley.

Lookout at Deer Valley Home Auction This Weekend

Do you remember the last time you could find new-construction in Deer Valley for under $300 per square foot?

It’s been about 20 years…but now you can grab one of these gorgeous homes at a shocking low prices:

Lookout Deer Valley Auction Process: Quick & Easy

Buying a Deer Valley home doesn’t get any easier than this…

There’s no need to invest the time and hassle to fly to Deer Valley and get caught in auction hype!

Simply submit your bid via email or in person.

It’s a no-risk, sealed-bid, “best & final” offer opportunity for you to purchase a premier Deer Valley home at a price that YOU determine, not the seller.

Deer Valley Home Auction Minimum Bids

No bids below the minimum bid will be considered, and homes will be offered without furniture. Furniture packages are available for your convenience after the auction.

Want to Bid on Lookout Deer Valley Auction Homes?

Please complete the form below, and we’ll immediately send you an official bid form, along with a broker referral form.

Lookout at Deer Valley Home Auction: No Risk Bidding

You don’t even need to submit an earnest money deposit to submit a bid!

Lookout Deer Valley Auction Process

If your bid is the winning bid, we’ll complete a purchase contract within 48 hours of your bid’s acceptance, and you’ll wire a 5% earnest money deposit.

You’ll close on the acquisition of your new Deer Valley home within 30 days, if you bid on one of the 5 completed homes.

Custom Deer Valley Homes At Auction Prices?

Two of the homes (#29 and #30) are completed exterior home shells, awaiting your vision!

You get to choose the cabinets, floors, paint colors, etc.  Note:  these properties have some of the best and most-unobstructed mountain and forest views in the entire 44 acre neighborhood!

And you won’t need to pay the entire purchase price until construction of the home is complete!

Lookout Auction Time-line

The developer’s plan is to have sold all 7 of the homes by Sunday night, March 28th. Yes…just 72 hrs from now.

We visited the properties earlier today, and they have already received bids on many of the homes.

Sorry, this isn’t one of those opportunities you can sit back and chew on for months before you make a decision. But don’t worry, we will make the process easy for you every step of the way!

Please complete the above form, and we’ll expedite your bid process.

Lookout Deer Valley Auction Seller Disclosures Available NOW

We can send you an online link to all of the Seller Disclosure documents, so it’s not impossible for you to make an informed decision, even with so little time for research.

Contact Us About the Lookout Deer Valley Home Auction

If you want to speak with us immediately, please call 435-640-1854 and we’ll answer all of your questions.

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After years of waiting, you can finally put your name on one of Deer Valley’s most exclusive addresses!

The residences at Montage Deer Valley were just listed across the Park City MLS.  You’ll find the Montage Deer Valley residence listings here:

Montage Deer Valley Residences for Sale

As we described in our Montage Deer Valley First Tracks article a couple of weeks ago,  owners of the first 15 Montage Deer Valley Residences will receive 20% discounts off the published list prices.

So, when you browse residences on the above link, deduct 20% off the listed prices to reveal the limited-time only “first tracks” prices.

Montage Deer Valley Floor Plans

The developer of Montage has graciously extended an invitation to readers of our Park City Real Estate Blog to gain insider access to their library of online floor-plans and maps.

This insider access will allow you to quickly and easily explore the amenities and locations of all of the Montage Residences.

If you would like us to establish insider access to the library, please enter your info here:

Related Articles:

Montage Deer Valley Sales Update Spring 2011

Montage Deer Valley Utah Location

Montage Deer Valley Residences For Sale

Montage Deer Valley Floor Plans

Montage Deer Valley “First Tracks” Prices and Incentives

Deer Valley Montage Hotel

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Now that the Silver Strike Deer Valley condo auction has run it’s course…

Deer Valley real estate watchers can shift their attention from the least expensive properties available in Empire Pass to what could be the most-desirable (location, amenities, views, quality) new condos ever released in Deer Valley.

This is the first of a series of articles we will share about the Montage over the next few weeks as we count down the days until the first units are available.  Feel free to hang around and get the details a few at a time, or contact us immediately if you know you are interested and we’ll throw you on the fast track!

We took a hard hat tour of the property with members of the development team a couple of weeks ago, and the Montage is now beginning to trickle some preliminary information about Montage Residences.

Montage Deer Valley Construction Progress

While they have been very quiet on the marketing front…

The Montage construction site is bustling with activity like an ant hill.  Did you know there have been 800-1,000+ workers on site every day racing to meet the deadline for the opening of the 2010/11 ski season?

The developer will retain 174 luxury guest rooms and suites on the lower 7 floors  floors of the hotel.

The upper six floors of the Montage Deer Valley will be home to 81 private Montage residences.

Montage Residences

The Deer Valley Montage is an architectural masterpiece.  Not just because of its impressive size–but also because of its complexity.    There are more than 50 different floor-plans among the 81 residences!!!

Owners of Montage Residences will delight in owning something truly unique…not just a cookie cutter replica of the unit above and below yours.

Montage Deer Valley Location

It sounds like a chore to sort through all 50+ floor plans, but it’s easier than it sounds.

We guarantee your enthusiasm for the property will grow as you begin to appreciate the incredible amount of thought and detail that has gone into the planning and design of the Montage Deer Valley.

Our recent tour gave us a good feel for the assorted locations within the building.  Once you begin the exercise, it’s just not that hard to narrow your choices.

Residences in the Deer Valley Montage will be offered in phases, and the developer will offer a representative cross section of units with different views, floor-plans, and sizes in each release.

Important Deer Valley Montage considerations:

• Furnished or unfurnished?
• How many bedrooms?
• Want to rent your Montage residence or not?
• Views up the ski mountain or down-valley views?
• Thru-views?
• Amenity acces within the building (close to owners lounge, restaurants, etc…)
• Morning or afternoon sun?

Montage “First Tracks” program to be announced soon!

If you would like details about the Montage “First Tracks” program, including specific units available and incentives for being a pioneer in the project, please complete the form below…

Related Montage Deer Valley Articles:

Montage Deer Valley Residences Sales Update Spring 2011

Deer Valley Montage First Tracks Incentives

Montage Deer Valley Residences

Montage Deer Valley Condos Under Construction

Montage Deer Valley Opening Date

Notice:

Park City Real Estate Guide® is neither the listing broker for the project, nor are we an affiliate of the developer or construction company of the Montage.  We are providing you with this preliminary information as a courtesy only, so that our readers may seize the opportunity to beat other interested buyers to the most desirable units at the lowest possible prices.  All information contained in this post is subject to change.

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