Red Cloud Deer Valley
April 13th, 2008 Categories: Deer Valley®
Record Land Sale in Deer Valley, Utah
It doesn’t seem like the smart money is too worried about the national “mortgage crisis” having a big impact on Deer Valley real estate values.
Deer Valley just witnessed the most expensive single-family residential lot sale to date…
The lot was a resale lot that was originally purchased from the high-end developer Talisker three years ago.
Lot #22 Red Cloud just sold for a cool $5 mil.
Check out the view from lot 22 in this photo to the right:
Click here to see other parcels available for sale in Red Cloud.
What Does $5 Million Buy You in Empire Pass, Deer Valley?
Lot 22 in Red Cloud is a 1.32 acre parcel with excellent ski-in/ski-out access and amazing views to the East and North.
From this lot you’ll notice Deer Valley landmarks like Bald Mountain, Bald Eagle Club, and Stein Eriksen Lodge.
What makes this area command such a premium price over other neighborhoods in Deer Valley?
Scarcity Creates Value. There are only 30 lots in the gated Red Cloud neighborhood.
Aside from the privacy, the beautiful forested setting, and perfect ski access at Deer Valley Resort, residents of Red Cloud can apply for membership in the exclusive Talisker Club.
Talisker Club Amenities Add Massive Value
Talisker Club membership allows owners to access private amenities at Deer Valley Resort (like the Talisker Tower Club and Red Cloud Cabin–a private restaurant for owners), and off-mountain amenities like fly-fishing on private waters, and golf at the esteemed Talisker Club at Tuhaye.
Red Cloud Deer Valley is Taking Shape
Three homes are currently under construction in Red Cloud.
One of them is pictured in the photo to the right. It’s situated along the slope of the Bandanna ski run at Deer Valley Resort.
Two of the homes are private residences, and the third is a Spec Home that was just completed.
Click here to see other homes for sale in Red Cloud.
Related Reading:
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