Canyons Village real estate news in Park City, Utah.

Colony at White Pine Canyon Luxury Home

Over 5 acres, this site has aspens, meadows, evergreens, sun, excellent ski access & is on a private cul-de-sac. Warm contemporary finishes, latest in systems, an abundance of oversized windows, intelligent planning. Spacious ski/mud room offers walls of lockers adjacent to bathroom, indoor/outdoor ski/board storage & exercise room leading out to heated path to ski run, decks, hot tub & fire pit. Inviting open kitchen provides numerous gathering areas including bar height kitchen counters, breakfast nook, large dining area, bar, & hearth room, all with windows framing the forest & vistas. Dining connects smoothly to grill center & generous heated decks. Knowledgeably designed heated driveway w/ non-skid…

4946 Views, 0 Comments

Read Full Post

Vail's Future Plans for Park City Resort

Today, Blaise Carrig, President of the Mountain Division at Vail, joined BHHS Management and our agents for a discussion of Vail’s future plans.

Mr. Carrig gave an overview of Vail’s strategy with regards to mountain acquisition and growth, real estate development, growing appeal for winter sports, and running and operating resorts. The presentation was illuminating, and Mr. Carrig answered many of the remaining questions surrounding Vail’s recent acquisition of Park City Mountain Resort and the company’s immediate and future intentions towards its two local ski resorts.

A large part of the discussion revolved around the unique capital strength commanded by Vail. The business acumen of Vail Resorts allows…

2200 Views, 0 Comments

Read Full Post

Vail Acquires Park City Mountain Resort

PC Hero _091214

At Engel & Völkers Park City, we are tracking the effects of the Vail purchase with keen interest. While it's too soon to predict all the implications from this major change, we feel comfortable in saying that Vail’s presence will be very positive for our marketplace. There are several plots of land now owned by Vail that are available for new development, which will add substantially to Park City’s future real estate growth potential.

We are not the only ones who see this acquisition as a beneficial thing.  Immediately after the sale was made public via press releases from both Vail and Park City, Vail’s stock shares jumped 12% in value. Stocks have continued to trend upwards, especially after it was…

2304 Views, 0 Comments

Read Full Post

Park City Resort Season Ticket Prices & Epic Pass Details

Shortly after acquiring Park City Mountain Resort Vail announced that PCMR will be included on the 2014-2015 Epic Pass.

The Epic Local Pass is selling for $569 for adults, $439 for teens and $289 for children. The Epic Local Pass allows "unlimited, unrestricted skiing or riding at Breckenridge, Keystone, Afton Alps, Mt. Brighton and Arapahoe Basin with limited restrictions at Canyons, Heavenly, Northstar and Kirkwood," according to the Vail website. It also includes a total of 10 days at both Vail and Beaver Creek, with holiday restrictions applying to both of those resorts.

The restricted dates at Canyons Resort are: Nov. 28-29, Dec. 26-31, Jan. 17 and Feb. 14-15.

The normal Epic Pass,…

1707 Views, 0 Comments

Read Full Post

Juniper Landing Townhomes - Canyons Village

Luxury residences located directly adjacent to the Waldorf Astoria Park City, Golden Door Spa and the Waldorf Gondola. These spacious ski-in, golf-out residences currently offer 2 and 3 bedroom floorplans featuring 1500-2000 + square feet,  hardwood floors, natural stone, custom cabinetry, Viking appliances, drystack stone fireplaces in every bedroom, private decks with hot tub, 2 car garages with additional lockout storage for every unit.  Borders the 9th and 10th holes of the Canyons Golf Club.  New amenities will include a Jr. Olympic size pool, hot tub, gym, sauna, and community fire pit.

 

2584 Views, 0 Comments

Read Full Post

Vail Acquires Park City Mountain Resort

-- Acquisition settles all litigation and ensures no disruption to future resort operations
-- Park City Mountain Resort will be added to the Epic Pass for the 2014-2015 ski season
-- Company intends to connect PCMR and Canyons for the 2015-2016 ski season to create the largest single ski resort in the United States with 7,000 skiable acres, subject to regulatory approvals

BROOMFIELD, Colo., Sept. 11, 2014 /PRNewswire/ -- Vail Resorts, Inc. (NYSE: MTN) today announced that the Company has acquired Park City Mountain Resort (PCMR) from Powdr Corp. for $182.5 million in cash, subject to certain post-closing adjustments. The acquisition includes all of the assets of Greater Park City Company (GPCC), the land used…

1966 Views, 0 Comments

Read Full Post

Park City Resort has until Friday to post $17.5 million bond

Park Record - It may be another week before anyone knows whether Park City Mountain Resort will open for the 2014-15 ski season.

Friday afternoon, 3rd District Court Judge Ryan Harris said the resort must post a $17.5 million bond by the end of business on Friday, Sept. 12, in order to stay an eviction from the land it had been leasing from Talisker Land Holdings, LLC.

When asked whether PCMR would be willing to post that amount, the resort's lead attorney, Alan Sullivan, replied, "I have to consult with my client."

The bond hearing is one piece of a closely watched legal dispute which will determine whether Park City Resort, after failing to renew its long-term lease in 2011, can…

1463 Views, 0 Comments

Read Full Post

Aspen Creek Crossing - Canyons Village

An impressive hand crafted front door sets the stage for the level of meticulously chosen detail in this magnificent 6 BR/8BA mountain home exuding classic European elegance. Large Great Room with angled high ceilings and 2 grand stone fireplaces; multiple areas for entertaining; main floor Master Suite; Loft/Seating area; Massage Room; Fitness Room; Wine Cellar; Theater Room and Ski Prep room. Featuring custom paint treatments; cabinetry and granite unique to each bathroom; a Chef's Kitchen with adjoining Butler's Pantry. Three outdoor living spaces, 3 laundry rooms, lower level Family Room with walkout to spa on rock-lined patio. Located steps from the Canyons Village Center and Canyons Golf Course (Spring…

1594 Views, 0 Comments

Read Full Post

P R E S S  R E LE A S E
FOR IMMEDIATE RELEASE: April 30, 2014

For further information, contact Park City Board of REALTORS®

Park City, Utah – Highest number of first quarter sales since 2007 —Statistics compiled by the Park City Board of REALTORS® Multiple Listing Service show the number of closed sales for the first quarter of 2014 (including single family homes, condominiums and vacant land) is higher than it has been for a first quarter since 2007. Surprisingly, with Park City real estate in strong demand, with total dollar volume just shy of $327 million (an 11% increase over Q1 of 2013) and with inventory still at record lows, median prices for the Greater Park City Area have increased by only 2% in the past year and are still well below the…

1566 Views, 0 Comments

Read Full Post

Vail Resorts enters into a long-term lease with Talisker for first mountain resort in Utah.

Canyons will be included in the Epic Season Pass for the 2013-2014 winter season.


BROOMFIELD, Colo., May 29, 2013 /PRNewswire/ -- Vail Resorts today announced that the Company has entered into a long-term lease with affiliate companies of Talisker Corporation for Canyons Resort in Park City, Utah. Under the lease, Vail Resorts has assumed all of the resort operations of Canyons Resort while Talisker has retained its development rights for four million square feet of real estate at the resort.

"With 4,000 skiable acres, easy access to the town of Park City and $75 million in recent resort improvements, Canyons Resort is a perfect complement to our…

2064 Views, 0 Comments

Read Full Post