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Montage Residences Deer Valley Leads the Season in Park City Sales

Park City, Utah is one of the Rocky Mountains’ most sought-after skiing destinations, just 40 minutes from Salt Lake City International Airport. One of its most desirable new property developments is the Montage Residences Deer Valley, a classic ski lodge hotel outfitted with luxurious details and topped by 81 for-sale condominium residences.

Since opening in December 2010, the developers have sold one residence per month, now exceeding a total of $100 million in sales, and leading the market for luxury properties in Park City. Like most properties, the Park City market had a difficult period during the US recession, but sales volume is up 61% since 2009. Indeed, the largest residence available at Montage Residences Deer Valley set a price record for 2012, closing for $8.25 million for a 6858-square foot home – the development’s largest.

“We are very excited about the sales momentum here and throughout the Park City area,” said Ed Rehill, Director of Sales for Montage Residences Deer Valley. “Families are recognizing Montage Residences Deer Valley provides the consummate retreat with unprecedented ski-in/ski-out access, privacy, and year-round mountain activities for all ages.”

Remaining homes are available – either fully furnished or as a blank canvas for their new owners – priced from under $3 million for an 1850-square foot home. All residences are appointed with estate-quality finishes, gourmet kitchens, multiple gas fireplaces, five-fixture stone bathrooms, rustic cherry millwork, and hand scraped walnut plank flooring. Some floor plans include a guestroom lock-off with a private entrance, making it easy to share the home with family and friends, while maintaining a level of comfort and privacy.

The fine dining, five-star service, spa and ski service options of the Montage Hotel make the residences the ideal “base camp”, with a true ski-in, ski-out experience. Just a few of the remarkable amenities include personalized ski services from iPad-equipped ski valets who have warmed boots and waxed skis ready for adventures on the ski slopes, a bowling alley, 35,000 square foot spa and a dedicated residential concierge to handle the details such as grocery stocking, transportation, and entertaining plans.

As the sales have proven, The Montage Residences Deer Valley are undoubtedly irresistible. No wonder the Park City market has made its comeback.