Deer Valley Condos for Sale in the favorite ski town, Park City Utah
There is a great selection of condos in the Deer Valley area to buy. Deer Valley Resort is among only a couple of skier only resorts in the country so that it’s an attractive place for sailors to buy a ski condo escape. It’s also among the easiest ski resorts to get to with many nonstop airport destinations into the Salt Lake International Airport which is a short 30-45 minute drive off. Besides full ownership condos there are also fractional ownership condos to purchase. Condo Hotels in Deer Valley have become popular because they tend to offer more amenities and a greater possibility for rental revenue than traditional condos.
Location, age and amenities help determine the price of condos in Deer Valley.
The Lower Deer Valley region which is located near Snow Park Lodge at the base of the hotel offers lower costs relative other regions surrounding Deer Valley Resort. It’s possible to get some ski in ski out condos or condos a brief walk or shuttle trip from the ski hill. Condos in this region may begin in the low $600,000’s and move up from there. The 2006 median price for condos in Lower Deer Valley is roughly $949,500. This area was one of the very first developed areas at the resort so a number of these condos were built in the early 1980’s however there are also newer condos to select from also. A number of the older condos are remodeled and provide you more square footage for the price.
Just over the Lower Deer Valley region you will discover the gated community of Deer Crest. The Deer Crest region is composed of mostly luxury ski in ski out homes but currently under construction within this gated community is your St.Regis Resort & Residences which is offering ski in ski out Sunny Isles real estate. It will provide some of the most opulent conveniences the Park City and Deer Valley region has ever seen such as ski butler service, a 17,000 square foot spa with salon and gym plus a ski”beach”, two resort style swimming poolsplus a apres ski lounge, wine/martini bar and a signature restaurant. The 2006 median price for a condominium at the St.Regis is roughly $3,050,000. You can choose from a condo-hotel unit that will come furnished and may be set at a nightly rental pool or among those exclusive Residences condos which are around the top 3 floors serviced by another elevator. The Residence condos can not be placed in a nightly rental pool to provide more privacy to it’s exclusive owners.
From the mid mountain area of Deer Valley Resort is the Bal Harbour condos available. There are numerous great condo improvements in this region with a few offering ski in ski out chances. The Silver Lake Village region offers an amazing array of high end restaurants and shops in addition to entry to the Silver Lake Lodge at Deer Valley Resort. If you would prefer a condo that is a quick walk to shopping and several restaurants then this place is well suited for you. In 2006 the median cost for a condo in the Upper Deer Valley area is around $1,745,000.
The Empire Pass region at Deer Valley Resort is a rather new place that’s presently under development and provides a great selection of new luxury ski in ski out condos. Inside this region is the upper lodge called Empire Lodge. It’s among the most beautiful regions of the mountain offering breathtaking views and located near some of the very popular ski runs in the resort. You will find recently completed condos available as well as pre-construction opportunities. Condos in this area are running around $1500/square feet. In 2006 the median condominium price is about $2,750,000 for the Empire Pass area.
Many condominium buyers are thinking of condo hotels nowadays. At Deer Valley they often offer greater rental earnings possible. They also tend to provide more amenities in addition to meeting room area. The meeting room area helps increase use of these condos at the off season with use for corporate retreats and meetings. Therefore, if you’re also looking for a condominium that will offer the best possible rental revenue then you may want to take into account a condo hotel that offers meeting room area in the facility. There are several to choose from in the Deer Valley area. The property management firm that services the particular condo that interests you can provide you the buyer with leasing projection data and leasing history data. Your local Park City / Deer Valley realtor will help connect you with all these firms and their key contacts. Each condominium resort may be handled by another company.
So in the event that you like skiing without snowboarders and therefore are on the market for a ski condo getaway which is easy to get to afterward Deer Valley in Park City Utah might be the place to consider. When looking it is best to utilize a regional Realtor who knows the area that will assist you locate the condo which will best fit you and your families needs as well as help you receive all of the information you need to make a wise business choice.