Category Archives: Golf Utah

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LUXURY HOMES FEATURED WORLDWIDE!

When you list your luxury property with Jess Reid – Christie’s International Real Estate you are exposing it to a world-wide network of buyers that are looking for luxury homes. Each and every one of our high-end properties are advertised through Christie’s International Real Estate, on their website and in print media. The links to these properties on their sophisticated website get hundreds of views each day.

Buyers for luxury homes in the Park City and Deer Valley area are often International buyers and we have the resources to advertise in these markets.

Please contact us if you are interested in utilizing our brand to offer your luxury home more exposure.   Christie's

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LUXURY HOMES FEATURED ON CHRISTIE’S INTERNATIONAL REAL ESTATE

When you list your luxury property with Jess Reid – Christie’s International Real Estate you are exposing it to a world-wide network of buyers that are looking for luxury homes. Each and every one of our high-end properties are advertised through Christie’s International Real Estate, on their website and in print media. The links to these properties on their sophisticated website get hundreds of views each day.

Buyers for luxury homes in the Park City and Deer Valley area are often International buyers and we have the resources to advertise in these markets.

Please contact us if you are interested in utilizing our brand to offer your luxury home more exposure.   Christie's

Victory Ranch Blog - Fishing

ENDLESS ACTIVITIES AT VICTORY RANCH

The “activity day” at Victory Ranch for the Jess Reid – Christie’s International Real Estate team, may be the most scenic golf game played this season or possibly one of the most fun days our sales team will have this summer. Regardless, the activities at Victory Ranch are hard to beat. The residents and owners of Victory Ranch have a private playground in their backyard.

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The breathtaking view from the 17 hole looking towards Deer Valley and the Jordanelle!

The experienced Outfitters Team showed us endless activities that Victory Ranch owners experience on a daily basis. Activities at Victory Ranch, include:

    • Golfing 18 holes on the Rees Jones Golf Course – a challenging and beautiful course
    • Fly-fishing the four mile, private stretch of the Upper Provo – a fly-fisherman’s dream
    • Fly-fishing on the pond – a relaxing and rewarding experience
    • Riding the ATVs into the backcountry – exilharating and scenic
    • Five-stand trap shooting – bang, bang!
    • Mountain biking – over 20 miles of trail in the backcountry
    • Upland bird hunting – test your aim
  • Overnight camping in a backcountry yurt – relax under the stars
  • Water adventures at the Jordanelle Reservoir – cool down and make a splash

Want to take it easy? The Outpost, a new facility, is currently under construction. The Outpost will feature a pool, fitness center and spa. Take a walk or easy trail-run on miles of well-maintained trail and lay by the pool for the perfect relaxing day at Victory Ranch. This four-season recreational community is sure to please the whole family. If this sounds like the perfect home away from home or the ideal place to settle down then call us today and we will set up a tour with activities for you and your whole family at Victory Ranch so you can experience it first hand.

Click here to learn more about our day and how you can experience life at Victory Ranch.

Victory Ranch Blog

EXPERIENCE THE SERENITY OF NATURE ONLY 20 MINUTES FROM PARK CITY AT VICTORY RANCH

Our team at Jess Reid – Christie’s International Real Estate disconnected from our daily routine to enjoy endless adventures and to learn more about the real estate at Victory Ranch. Twenty-one minutes after leaving the office in the heart of Park City, we arrived at the gate and crossed that bridge the runs over the four miles of the Provo River that is exclusive to Victory Ranch, a community in the Heber/Park City area.

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Looking down the Provo river from the bridge.

We were greeted by the friendly staff as we arrived at the Freestone Lodge. The Freestone Lodge is peacefully set on the Provo River and is the gateway to over 6,700 pristine acres of beautiful rolling hills, vast untouched spaces and immaculately designed homes and cabins, that belong to Victory Ranch and their members.

Jim Moran, the Sales Director for Victory Ranch, cheerfully welcomed everyone and informed us of new programs at Victory Ranch and what sets them apart from other private communities.

Our team previewed cabins and homes with stunning décor and dramatic vistas. “I’m moving in, or I’m staying here” was a commonly heard joke among the sales team. Lunch at the Clubhouse looking over the course, was followed by a trip via golf carts up to the famous overlook at the 17th hole of the Rees Jones designed course. The overlook has 360-degree panoramic views of the Wasatch Mountains and surrounding wilderness.

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The Jess Reid – Christie’s International Real Estate agents at the 17th hole!

The Outfitters Team broke apart our group so that we could golf, ride ATVs, trap-shoot, mountain bike or fly-fish, the possibilities were endless. Read more about the activities that Victory Ranch offers here, and click to see more photos of our sales team enjoying themselves.

Our team would like to thank Jim Moran, Michelle Eastman, Brigid Flint, the Outfitters Team and staff for welcoming us and making us feel at home in Victory Ranch. The intimate experience for our team was unforgettable and we truly understand the unique offerings that Victory Ranch has for buyers looking to live life to the fullest, each and every day, or for a home away from home.

 

 

Golf

PARK CITY IN THE “OFF SEASON”

The transition from winter to summer in Park City can slow things down a little, however that doesn’t mean there aren’t plenty of things to do in the off season. Locals and visitors alike can enjoy all of their favorite spots on a more intimate basis and receive great deals.

Shopping:
Local stores like Whimsy, Olive & Tweed, Mary Jane’s, Prospect and Fararsha Boutique offer special incentives and amazing clearance deals. Retailors Jans and Cole Sport host bike swaps along with end of the season sales. Support local Park City businesses while shopping for the latest fashions. For a list of all shops and retailers in the greater Park City area click here.

Shopping

Dining:
While a lot of restaurants take this opportunity to rest and relax there are still plenty of dining options and great deals! Bill White’s restaurants, including Chimayo, Wahso, Billy Blanco’s & Windy Ridge will remain regular operational hours with 2-for-1 entrée specials. Blind Dog Restaurant & Sushi is offering a half price menu on Tuesdays. Flying Sumo and Yuki Yama feature half off rolls throughout the spring and into summer. Other restaurants that are open will be follow suit with specials and half off entrée’s. Click here to see a full list of everything happening.Dining-Resize

Hiking, biking, & more:
Just because ski season is over doesn’t mean you can’t stay active in the great outdoors. Fly fishing outings are offered through retailers All Seasons and Trout Bum with excursions in the area. Local non-profit, Mountain Trails Foundation, keeps up with trail maintenance throughout the year in the Park City area. Trail maps are available online (click here) or for sale at local Park City businesses. Also, each resort in town offers a wide variety of trails for both hiking and biking, in addition to bike parks. There are public facilities throughout the town, including basketball, tennis and volleyball courts; trail work out stations, a skate board park and more!

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Golfing:
Park City, Utah is known all over the world as a ski destination, however there are amazing golf courses within town limits, along with many more in the surrounding areas. Park Meadows Golf Course, located in the heart of Park City, is a Jack Nicklaus Signature Course. Home to 10 PGA Senior Tour events and named best Private Golf Course in Utah by Salt Lake Magazine.
Canyons is opening their new golf course this spring, with 18 holes surrounding the resort. The par 70, 6,256 yard course was designed by acclaimed course architects Gene and Casey Bates.
Promontory will have the grand opening of their new Nicklaus Clubhouse on June 20th. It will feature cutting edge landscaping with dramatic architecture designed by renowned architect Patricia McCobb.
The public golf course, Park City Golf Club, is a classic that was originally built as a nine-hole course in 1964 by William Neff. It was revamped in 1973 to become an 18-hole course. With incredibly easy access it is a local’s favorite.
Other courses in the area include, Glenwild Golf Club & Spa, Wasatch Mountain Golf Course and Jeremy Golf & Country Club.

Golf

Head South:
With the Mighty Five, that’s five national parks in the state of Utah, more than other state, Southern Utah camping in the spring is a must! While temperatures are slowing ramping up in Park City, the southern parts have perfect climates for camping and adventures, including biking, hiking, rafting and more!

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Check out the Mighty Five video here!

There are many things to do and options in Park City during the so-called “off-season”, to make it an amazing year round destination.

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SPRING IS IN THE AIR – PARK CITY REAL ESTATE NEWSLETTER

Spring is in the air and we have a lot of exciting things to share with you! Our newsletter is a combination of lifestyle, business and real estate in Park City. We love to share with you some of our favorite properties and give you an insider’s look at what is going on in our town. Please sign up for our newsletter if you haven’t by clicking here.

To read the most recent Spring newsletter click here.

Contact us today if you have any further questions.

Talisker

HOW WILL THE NEW TALISKER TROUBLE AFFECT CURRENT PROPERTY VALUES AND TALISKER MEMBERSHIPS?

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Tuhaye’s Clubhouse

So far we are not seeing any negative impact on Deer Valley real estate sales related to Talisker because of this foreclosure. Talisker’s Tuhaye golf community has already been impacted negatively during the great recession. However, Tuhaye has another new clubhouse nearing completion and should start to recover along with the rest of the Greater Park City Real Estate Market.

Talisker club memberships could be impacted in the short run. However, like the Talisker real estate involved in the foreclosure, there is every good chance that the long term will be extremely positive for both memberships and real estate with new ownership and new infusions of cash and hopefully better organization.

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PARK CITY REAL ESTATE MARKET OVERVIEW

PCThe Greater Park City real estate market continues to improve. Our real estate market is growing at a slow but steady pace; many believe this sets the stage for positive long term growth. The overall sold volume for all areas and all properties in 2014 was up 10% from 2013 to $1.6 billion.

Condominiums and vacant land are leading our recovery. Until recently, they were lagging behind single family homes. Now, more vacation home buyers are re-entering the marketplace and buyers are confidently purchasing land for construction. Condominium sales volume for the Greater Park City area is up 22% from last year at $518M and the average sold price is up 11% at $640,776.

Single family detached homes for the overall Park City area had been strongly leading the market but sales seem to have stabilized. The sales volume is up 1% from last year and total volume for 2014 was $921M. The average sold price is up 4% and is $968,577. However, the number of transactions sold is down 3% from 983 in 2013 to 951 in 2014.

Inventory levels are still at historic lows, especially in certain price ranges and property types, which have constrained sales. However, we are beginning to see more development projects that are almost complete or in construction phases that are pre-selling. New development projects include Silver Creek Village (Silver Creek), Park City Heights (Quinn’s Junction) Echo Spur (Old Town), Village on the Green (Midway) and Blackstone Residences (Canyons). This will increase new inventory in Park City.

Deer Valley’s total sales volume has increased 13% when compared DVto last year. Average sold price for all types of properties is up 9% with single family homes showing an average sold price of $4.1M, up 26% from last year. Condominium sales volume is up 32% and the average sales price was $1.7M in 2014. Stein Eriksen Residences, a new development, will offer more luxury units for buyers.

Canyon’s real estate sales are healthy not only due to Vail’s presence but the beautiful new golf course that is ready for the 2015 season. In Summer 2015, a $50M connection between Canyons and Park City Mountain Resort will begin. We also expect to see more development projects in 2015.

Luxury home sales are on the rise. In the Park City area, we had 243 sales of homes in the $1-5M range, compared to 210 sales in 2013. In 2014, we had 14 sales over $5M compared to 11 in 2013.

Our affiliate, Leading Real Estate Companies of the World (leadingre.com), the largest network of independent Brokers worldwide, is reporting positive sales nationally, above any other network of brokers. Our exclusive luxury affiliation, Christie’s International Real Estate (christiesrealestate.com), reported increases in the luxury home market internationally. When you list your home with us we have the resources to market it across the globe. Please let us know if you are considering purchasing a home outside of Utah or anywhere in the world and we will be happy to help you take the first step.

Talisker has defaulted on approximately $163M in loans with their lender, Wells Fargo. Wells Fargo and/or a court appointed receiver is seeking to find new ownership to re-organize and support the Talisker and Tuhaye properties. In the long run, this should be a positive change for members and should not negatively affect property values in the long run.

Other market influences affecting the Park City and Deer Valley real estate markets are significant. These include installation the proposed Deer Valley – Old Town gondola, the $50M connection of Park City Mountain Resort and Canyons, major progress at the Park City Film Studio which will impact our non-snow economy positively and new regional and local traffic solutions being worked on by the Wasatch Accord planning group.

If not now, when? With the national economy growing stronger, more and more people will be continuing to look at improving their quality of life by getting involved in the Greater Park City community through real estate investments. Contact us today for specific information on any part of the market!

To see graphs comparing 2013 to 2014 for Greater Park City – click here.
To see graphs comparing 2013 to 2014 for Deer Valley – click here.

Promontory

THREE PARK CITY HOMES THAT BRING THE OUTDOORS IN

It’s the first week of Spring, and we have been enjoying the outdoors later and later each night until the sun sets. These three homes are the perfect place to relax and enjoy the outdoors from your own retreat. They encompass vistas you could look at for hours, patios that the whole family can enjoy, backyards that are suited for entertaining and more!

3304 Blue Sage Trail –  Promontory – $4,099,904

PromontoryQuite literally, this home brings the outdoors in. Perched above the 1st hole of the Pete Dye Golf Course, this Promontory home has views of the mountains and golf course. This one-of-a-kind home has a covered wrap around mahogany deck that is accented by 4 sliding pocket doors bringing the in & outside living spaces into one continuous experience not to mention hands down one of the best decks in Park City.

 

8905 N Elk Crest –  The Preserve – $3,990,000

PreserveThe architect of this newly constructed home in the Preserve knew that the home needed to embrace the outdoors. With that being said, a large 2,000 sq ft Brazilian tigerwood deck spans the length of the home. An expansive, textured, concrete patio, in-laid with polished oxide river rock and a 12 x 6 gas firepit composes an inviting focal point for outside living.

 

31 Sandstone Cove –  Park Meadows – $2,675,762

PMYou don’t see backyards like this one very often. The private oasis surrounded by 3 acres and showcases stone work, an impressive water feature and landscaping that will help to wind you down after a long hike or mountain bike ride.

Promontory

PROMONTORY MAINTAINS A HIGH STANDARD OF LUXURY LIVING

Promontory is one of Park City real estate’s premier mountain communities. Whether you want to relax by the fire at the new family-friendly clubhouse, “The Shed”, mountain-bike or hike trails out your back door, or play a round of golf on one of Promontory two signature golf courses, Promontory has it all.

Our team at Jess Reid – Christie’s International was invited to Promontory this week to get an update on sales in the community and preview the next new golf clubhouse.

Below are highlights from our construction and sales update:

• So far this year there has been 101 home and lot sales
• There are 367 homes that are complete
• 53 homes are currently under construction
• The average home price is $1,854,777 – up 14% from last year
• The average lot price is $357,098 – up 16% from last year
• 829 sales total to-date, in Promontory since its inception in 2004

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Jess Reid and Rich Sonntag of Promontory

The newly built Nicklaus Clubhouse is coming to a completion and will offer another gathering place for Promontory members.

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Rendering of Nicklaus clubhouse, currently under construction

Contact us today for special pricing and incentives to buy or if you would like a private tour of Promontory. Click here to view all of the homes currently listed in Promontory.