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April 2012

Found 10 blog entries for April 2012.

Skiers have been hitting the slopes in Park City since the 1920’s, but these days our ski town is known for more than just The Greatest Snow on Earth.  Over the last decade, Park City has gained international recognition as a mountain bike destination.

The mountains surrounding Park City offer visitors and locals alike more than 350 miles of non-motorized recreational trails that interconnect on over 7,000 acres of preserved open space. What makes our trail system so different is its diverse combination of gentle, family-friendly rides with intermediate and expert routes.

Park City Mountain Bike Trails

Recently the International Mountain Biking Association (IMBA) placed Park City in a league of its own by officially recognizing the town as the only Gold-Level Ride Center in

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The Park City Real Estate Market is beginning to take off again! As a part of a phenomenal team at Summit Sotheby’s International Realty, I can provide an intimate knowledge of Park City, Deer Valley, Canyons and surrounding areas.

This past week I was rewarded for the dedication and devotion my clients enjoy as one of Sotheby’s 1st Quarter 2012 Top Performing Sales Associates in Park City.

Although the recent recession took a toll on Park City as it did in other investor and second-home markets across the country, we’re seeing more signs every day that this popular ski destination’s real estate market is on the rise!

In the past few weeks, I’ve showcased a few properties here on my blog that are going to make a few opportune investors incredibly

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As the economy rebounds,  Park City real estate investors looking to acquire land and build an unequalled ski or golf getaway in Park City are going to want to jump on incredible vacant land deals now, while the timing is still right.

The numbers tell the story on available acreage across town and deals spurred by the recent recession. In Promontory, one of Park City’s most exclusive private golf communities, prices for vacant land had dipped down to 70 percent below the peak and in 2011 the average Promontory lot went for $125,000.

Last year Park City saw primary and secondary home sales begin to rebound. However, according to Park City Board of Realtor (PCBR) studies, vacant land sales experienced the most growth of any market in this ski

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This deal of all real estate deals in upper Deer Valley just dropped $200K and is offered at $1,595,000 – which is $400K lower than 2 other units that sold less than a month ago!

Enjoy high level finishes and top of the line appliances in a beautiful Lookout property that will sell fast!

This 4 Bed, 5 Bath condo offers stunning views of Deer Valley and Park City as well as a complimentary private shuttle which allows you to relax after a long day on the slopes and enjoy apres ski without hesitation! Call me today for more information at 435-901-4309.

Here is the link http://www.scottmaizlish.com/mls-listing/9990418/2/ Upper Deer Valley Real Estate
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If you’re looking for an absolute steal in Old Town, Park City – check out this stunning 3 bedroom, 3 bath home on Lowell Avenue! It just dropped $50K, down to $749,900 and isn’t even updated yet on the Park City MLS.

Click Here For Details!

This 2,247 square foot property is steps away from Park City Mountain Resort on one of Old Town’s most tranquil streets. Step inside and you’ll find an open layout with beautiful windows allowing sweeping views of town and natural light in every room.

This immaculately-appointed home features top-of-the-line appliances, granite counters, Knotty Alder cabinets, hardwood floors and much more!

To get in on this deal before the crowd – call me at call me today at 435-901-4309!

Have a Nice Day!

Scott

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Since this great of a deal is becoming further and further in between, I want to show you this beautiful home for  sale  in the Park Meadows area of Park City.

At $169 a square foot, this Park Meadows 5 bed, 7-bath home is a short sale you should consider. This home had been listed for $2,975,000, but is now offered at just $1.3 Million!

This unbelievable Park City real estate opportunity boasts stunning views, a downhill build and a convenient, flat driveway. An open, gourmet kitchen and inviting grand living areas will make you an envied host while a luxurious main-level master suite offers privacy, comfort and convenience.

A spacious game room and bar also accompany the many fabulous features of this home. Check out pictures of this home

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You may never see a better time to buy a home in Park City, UT! If you’re considering an investment property for enjoyment, vacation rental investment or retirement, it could be time to “throw your hat in the ring.”

As I’ve mentioned, vacation and investment homes rose over 64% in 2011, according to the National Association of Realtors (NAR).

As part of the 2012 NAR Investment and Vacation Home Buyers Survey, one of the world’s leading online vacation rental marketplaces, Homeaway.com, was commissioned to determine what makes it such a great time for investors or vacationers to purchase that second home.

Homeaway.com found the top three reasons are:

1. Rock bottom pricing
2. Record low interest rates
3. Tremendous growth in the United States

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The 2011/12 ski season is winding down with Park City Mountain Resort, Deer Valley Resort and Canyons Resort all finishing out the season this upcoming Sunday, April 15.

One of the greatest benefits to living in the area and owning Park City Real Estate are the slew of mud-season activities available within a few short miles.

In the Park Meadows Area of Park City, not only do owners enjoy golfing at the world-class private Park City Country Club, but the Park City Racquet Club Facility received a major facelift and renovation this past year.

The new Park City Municipal Athletic & Recreation Center (PC MARC) re-opened its doors in late December, 2011 as a public facility available to town residents and visitors alike. After undergoing nearly 16

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I’m going to let you in on a local’s secret here in Park City, Utah. When the lifts stop spinning and the snow begins to melt, our quaint ski town comes alive with mouthwatering food and fun!

Park City is home to over 100 restaurants featuring a variety of cuisine selections including Southwestern, Mexican, Asian, European Continental, American, French, and Italian.
Grappa Italian Restaurant

Every year from the week the resorts close until opening day, restaurants throughout Park City participate in a 2-for-1 entrée deal to celebrate the business brought forth by local residents. These discounts have become an anticipated tradition in town.

With spring hitting the mountains early this year, many of the town’s most popular fine-dining restaurants such as Grappa, Windy

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The number of investment and vacation homes is on the rise and that’s a trend that’s good news for Park City Real Estate!

According to the National Association of Realtors (NAR) 2012 Investment and Vacation Home Buyers Survey, the sales of investment homes climbed a whopping 64.5% in 2011 (up 1.23 million from 749,000 sales in 2010). At the same time the sale of vacation homes increased 7 percent in 2011 to 502,000 from 469,000 the year before.

While Park City has felt the effects of the recession, home sales in Park City have quickly been picking up steam over the past year.

In fact, 2011 Real Estate Sales in Park City surpassed the billion dollar mark for just the seventh time in the town’s history! The Park City Board of Realtors year end

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