In The News

Find Your Dream Home Or Your Home Away From Home

By ParkCityIs.com
Dec 06, 2017

The Winter 2017/2018 LIVING: Mountain Real Estate Guide is now available. Check it out at http://joom.ag/CVKL

*Now available with embedded videos!

Waldorf Astoria Park City -Best Ski Hotel in the U.S.!

By ParkCityIs.com
Dec 05, 2017

Waldorf Astoria Park City

As distinctive and timeless as you’d expect from a Waldorf Astoria destination, this unique hotel is passionately committed to the comfort of each and every guest. Waldorf Astoria Park City is the only Forbes Four-Star Hotel located at the largest ski and snowboard resort in the United States, Park City Resort.

Unwind in the comfort of one of 160 unique guest rooms and spacious residences, offering custom-designed interiors, original local artwork and grand fireplaces. Just steps from our front doors, guests will find our dedicated Frostwood Gondola, providing access to the Resort to enjoy over 7,300 acres of terrain.

The award-winning Waldorf Astoria Spa is located within the hotel with tranquil surroundings to pamper guests with a range of lavish spa treatments, custom fitness area, and beauty salon. Also on property is the hotel restaurant, Powder. Open for breakfast, lunch and dinner daily to encourage you to treat yourself to a mouthwatering seasonal menu inspired by the finest local ingredients.

For more information: Click here

Winter 2017/2018 Local Neighborhood Guide

By ParkCityIs.com
Dec 05, 2017

The Winter 2017/2018 LIVING: Mountain Real Estate Guide is now available. Check it out at http://joom.ag/CVKL

*Now available with embedded videos!

Summit County, Utah to transition to 100 percent renewable electric energy

By ParkCityIs.com
Oct 24, 2017

Angelique McNaughton / Park Record  |  October 14, 2017

Summit County’s elected officials agreed last week to help the community completely transition to renewable electric energy by the year 2032 as part of the county’s ongoing effort to reduce its reliance on fossil fuels.

The Summit County Council joined only three other confirmed counties in the country in making a similar declaration, according to a media release. It is the only resolution of its kind by a county in the state.

One hundred percent renewable electrical energy means that the amount of electrical energy that is annually consumed is equal to the amount of electricity that is produced through clean, renewable sources.

“This puts our community on the record that we are going to solve the problems that are facing the world right now,” said Glenn Wright, County Council member. “Climate change is going to have dramatic effects on Summit County.”

The resolution, approved on Wednesday, Oct. 6, recognizes the role people have played in accelerating global warming and creating greenhouse gases due to the overwhelming use of fossil fuels. According to the resolution, fossil fuel-based electricity generation causes about 30 percent of all greenhouse gas emissions in the incorporated and unincorporated areas of the county, while combustion of fossil fuels due to transportation causes an additional 47 percent of gases.

It highlights the devastating effects a warming climate would have on the county, such as shorter and warmer winters, variations in snowpack and precipitation, reduced stream flow, and devastation to forests, among several others.

Reducing the electrical energy supply to 100 percent renewable would require “combining renewable power generation with energy efficiency, energy storage, demand management and an enhanced transit and transportation system,” according to the resolution.

“If you look at the scientific projections for the change in our snowpack, it will dramatically decrease over the next 20 years,” Wright said. “It will be gone in 50. The effects worldwide have the potential to be catastrophic. My view is we all have to do our part and that’s what the resolution says about Summit County.”

County Council members spent nearly an hour discussing the costs and practicality of attaining the goals set in the resolution. They discussed similar plans that have been passed in Park City and Salt Lake City.

The resolution calls for an 80 percent reduction of 2016 greenhouse gas emissions from government operations by 2040 and requires annual emissions reporting. Elected officials plan to review the county’s progress every two years.

It outlines specific objectives to guide county departments, including collaborating with Rocky Mountain Power and other municipalities to advance legislation and policies supporting the resolution.

“Rocky Mountain Power is really key to this,” Wright said. “It is very difficult to do anything without involving them. I think dealing with Rocky Mountain Power will be interesting because, I think, in some ways senior corporate officers are recognizing the problem. But, they are also tasked with making the largest return they can for their investors. We have to make sure they make the right decision.”

Erin Bragg, executive director of Summit Community Power Works, said the organization worked closely with the county throughout the Georgetown energy prize competition and is familiar with helping advance the county’s initiatives.

“We are super excited and 100 percent behind the county moving in this direction,” Bragg said. “We are happy to see them taking the lead and they are only the third county in the nation to move to a 100 percent goal of renewable energy. It will be an asset to have the same goal as Salt Lake City, Park City and Moab.”

When it comes to sustainability and clean energy, Bragg said, Summit Community Power Works can help the community follow that path.

Since at least 2015, the County Council has identified environmental stewardship as one of its strategic goals. Council members have dedicated resources and programs to exploring sustainable options for county operations and discounted services, such as solar installation, for community members.

“This is one of the main reasons I ran for the County Council,” Wright said. “I thought we had to do more.”

To view the resolution, go to https://www.summitcounty.org/DocumentCenter/View/6795

Buying in a Seller’s Market: Who’s the Winner?

By ParkCityIs.com
Oct 21, 2017

Posted on Oct 10 2017 - 11:56am by Housecall

By Liz Dominguez

For sale sign in yard of house

The change of season often brings a shift in real estate market conditions. Inventory tends to decline and buyers may become more aggressive in their home search. This change can affect real estate transactions in a variety of ways.

Here's what you need to know about buying or selling a home in a seller's market:

Time is valuable. Buyers don't have as many options as during the peak purchasing months. This means more competition because there aren't as many homes to look at in their price points. Buyers need to know what they want. If they absolutely need three bedrooms, then they'll have to ignore that two-bedroom house or risk losing out on better opportunities.

They will also need to be prepared to make offers quickly. Buyers without a preapproval will not be considered and will likely miss out on highest and best deadlines by the time they obtain one. On the other hand, sellers will have an easier time selling their home. If in good condition, their home will likely be the cream of the crop during low-inventory months.

Offers are aggressive. In a seller's market, buyers will often have to deal with multiple-offer situations. If they don't bring their best offer to the table, they will most likely lose out. Sellers can also prioritize stronger terms. They may decide to go with a lower offer if the buyer can close faster or is putting more money down.

A combination of the highest purchase price with a 20 percent down payment and a reliable lender is usually the winner. Of course, you can't forget that cash is king. An all-cash offer will likely trump any others on the table.

Negotiations are a game changer. Unfortunately, buyers may lose some negotiating power in a seller's market. Unless the seller is incredibly motivated to get rid of their property, they may take advantage by refusing to take care of some inspection items. Buyers should be wary of asking for too much, as even big-ticket items may not be taken care of. Unless something is a safety or health hazard, it shouldn't even be brought up.

Sellers may also decide to be more selective about what they are leaving with the house. They may decide not to include appliances such as a refrigerator, dishwasher or washer and dryer.

Even small things like tone in a negotiation email should be taken into consideration. Alienating the sellers this early in the game can force them to go with a backup offer.

Real estate agents are essential. Even though a seller's market clearly tips the scale in one direction, buyers are more likely to lose out if they are not working with an experienced agent. Likewise, sellers may not even be aware of their advantage without the help of a real estate professional. Agents will advocate for their clients—whether they are buyers or sellers—by helping them get as much as possible during sale price and inspection negotiations.

Things that may not seem significant—such as getting all of the paperwork submitted correctly, sending emails to the opposing agent and doing due diligence on the property—can make a huge difference in a seller's market.

Salt Lake bid for 2026 Winter Games gets new push after Innsbruck referendum fails

By ParkCityIs.com
Oct 20, 2017

Heber City was named one of the 25 Happiest Small Towns in America

By ParkCityIs.com
Oct 03, 2017

25 of the Happiest Small Towns in America

Apparently, water does wonders for a person's sense of content.
Ranked 14 of 25
Officials in this town believe the area's clean air and fantastic views are behind their fast growth rate ver the past few years. Even better: Employment is higher than in most of the country, since folks support small businesses.

These 4 Utah cities made Money’s top 100 “Best Places to Live” List

By ParkCityIs.com
Oct 02, 2017

These 4 Utah cities made Money's top 100 'best places to live' list

Welcome to East Summit County

By ParkCityIs.com
Sep 30, 2017

[embed]https://youtu.be/5mA-QsjdPRo[/embed]

Welcome to East Summit County

Located below the majestic peaks of the Uintas, the mountain communities of Peoa, Kamas, Oakley, Woodland, Francis, Hoytsville, and Coalville boast stunning views and wild natural beauty. Popular with outdoor enthusiasts and ranchers, these townships offer a wide range of real estate options including farmstead estates, large lots to build your dream home on, and small subdivisons with a quiet neighborhood feel. Just a short distance to Park City and Salt Lake City, these towns have a preserved sense of nature and community without the hustle and bustle of a larger city.

From fishing, horseback riding, hiking, mountain biking, rock climbing, and camping these areas provide a range of outdoor pursuits. In addition to their scenic charm, each town offers its own array of community activities including the Oakley Rodeo, Summit County Fair, outdoor summer concert series, and Kamas’ Fiesta Days. Known as the “Gateway to the Uintas” Kamas, Francis, and Woodland offer pristine mountain living with the Uinta Mountains—and their 880,000 acres of trails, streams, lakes, and mountain terrain—just out your backdoor.

Oakley, Coalville, Kamas, Woodland, and all of East Summit County are desirable places to live. Live here, work here, play here. Contact your Berkshire Hathaway HomeServices Utah Properties professional for the most current market information on these exceptional areas.

Email us to learn more about Real Estate Opportunities in Eastern Summit County:  Team@ParkCityis.com

 

Welcome to UTAH

By ParkCityIs.com
Sep 27, 2017

The Welcome to Utah guide is now available. For the digital online version https://joom.ag/HKRL

In the News

There's Only One Park City.

In true Park City fashion, the entire town seemed in attendance at Legacy Lodge for Vail Resort's announcement of One Park City, its new brand and resort launch. After the intro video, Vail's Chief Operating Officer and Chief Marketing Officer spoke about the new brand and Vail's progress-to-date on its $50 Million improvement plan.

Our biggest takeaway: the largest resort in America is now operating right here in Park City. After $50 million in capital improvements, which will be completed in time for opening this winter, mountain visitors will have access to 7,300 acres of ski terrain, 17 peaks, and a resort that extends 6.5 miles in length.

The new Quicksilver gondola is proceeding on schedule and will be operational for the 2015-2016 season. Vail Resorts settled on the name "Quicksilver" because it denotes Park City's mining history and the speed of the 8-person, state-of-the-art conveyance, which transports riders from the base of Silverlode to the Flatiron Lift via Pinecone Ridge in just 8 minutes.

The restaurant formerly known as Snow Hut, has been re-named Miners Camp and will seat 500. Additional improvements and expansions will be made to Red Pine Lodge (capacity will be expanded by 250 seats), Summit House, and Legacy Lodge. Snow making has also been added to Iron Mountain and near the gondola.

The new consolidated resort will operate under the name, Park City. The logo was re-purposed from Canyons Resort and has the tagline, "There is only one. Park City."

 

In the News

 

Vail Releases Details of Improvement Plan

Today, Vail Resorts shared their action and improvement plan with regards to Park City Mountain Resort and Canyons Resort. The plan includes more than $50 million in improvements that will take place in just one season, making it the most ambitious ski resort improvement strategy to date. The changes will create the largest ski resort in America by combining Park City Mountain Resort and Canyons Resort. Here are some specific improvements listed in Vail's comprehensive press release:

The Interconnect Gondola. An eight-passenger, high-speed two-way gondola from the base of the existing Silverlode Lift at Park City to the Flatiron Lift at Canyons. The gondola will also have an unload at the top of Pine Cone Ridge to allow skiers and riders the opportunity to ski into Thaynes Canyons at Park City via gated ski access or to the Iron Mountain area at Canyons through new trails that will be created from Pine Cone Ridge. 

Upgrade of King Con and Motherlode Lifts at Park City. The King Con  Lift will be upgraded from a four-person to a six-person, high-speed detachable chairlift. The Motherlode Lift will be upgraded from a fixed-grip triple to a four-person, high-speed detachable chairlift. 

New Snow Hut Restaurant, Upgrades to Summit House Restaurant at Park City and Expansion of Red Pine Lodge Restaurant at Canyons. The plan calls for building a completely new Snow Hut restaurant at the base of the Silverlode Lift and next to the Park City terminal for the Interconnect Gondola, with 500 indoor seats and a top-of-the-line kitchen and culinary experience. The plan also includes an upgrade to the "scramble" area inside the Summit House restaurant to improve the flow of diners and increase seats. At Canyons, the Red Pine Restaurant will be renovated to accommodate an additional 250 indoor seats. 

Snowmaking and Other Improvements. The plan features additional snowmaking on two trails in the Iron Mountain area of Canyons which will become increasingly central ski terrain given its proximity to the Interconnect Gondola. The plan also includes almost $5 million of "catch up" maintenance and upgrades at Park City, given the lack of spending at the resort over the past few years. 

"This comprehensive capital plan for Park City and Canyons is one of the most ambitious and impactful plans undertaken at any resort in industry history, transforming the experience at both resorts and creating the largest single ski resort in the U.S. with more than 7,300 acres of skiable terrain," said Blaise Carrig, president of the mountain division for Vail Resorts. He added, "The improvements offer skiers and riders more terrain and upgraded lifts to enhance the guest experience and reduce crowding and lift lines, new and upgraded restaurants, more snowmaking and an overall ‘touching up’ of all aspects of the resorts. The plan was based on feedback from guests and the local community as well as discussions with the senior operating teams at the two resorts. We look forward to continuing to work with the county and the city and are hopeful we can bring this plan to life for the 2015-2016 ski season."

 

In the News

In the News

Deer Valley Purchases Solitude

DEER VALLEY RESORT, PARK CITY, UTAH (October 3, 2014) – Deer Valley Resort has entered into an agreement to purchase Solitude Mountain Resort and will begin operating the resort on May 1, 2015.

“Solitude is an incredible resort and provided a huge opportunity for us to expand our offerings right here in Utah,” said Bob Wheaton, president and general manager of Deer Valley Resort. “Solitude is in unique position with their widely varied terrain that attracts both local and destination skiers. We are ecstatic to be able to add the resort to the Deer Valley® family.”

“The DeSeelhorst family has enjoyed being a part of Solitude’s history for almost 40 years. We are proud of what we have been able to accomplish at the resort and in our mountain community,” said Dave DeSeelhorst, owner and general manager of Solitude Mountain Resort. “We feel very fortunate for the opportunity to have worked with so many amazing people in our industry and most importantly being able to work with our incredible staff at Solitude over the years. It is exciting to pass on this unique and beautiful resort to one of the best resort operators in the country, Deer Valley.”

For the upcoming 2014-15 ski season, Solitude will operate as usual under the leadership of the DeSeelhorst family. To foster the most effective and strategic change over, select Deer Valley staff will work alongside Solitude staff during the next six months to evaluate resort operations and gain knowledge about the Solitude brand and culture. Deer Valley will then take full ownership of Solitude Mountain Resort on May 1, 2015.

 

In the News

 

Park City Mountain Resort Sells to Vail for $180. Million

September/ 2014

Powdr Corp. has sold its Park City Mountain Reosrt to Vail Reosrts, ending a tumultuous year for Utah’s most popular ski destination.

"Selling was the last thing we wanted to do, and while we believe the law around this issue should be changed, a protracted legal battle is not in line with our core value to be good stewards of the resort communities in which we operate," Powdr CEO John Cumming said in a statement. "A sale was the only way to provide long-term certainty for PCMR employees and the Park City community. My family and I are extremely grateful to have had the opportunity to play a role in making PCMR what it is today, and we deeply appreciate the dedicated employees and all of the people who have supported us over the years."

The deal requires Vail Resorts to retain Park City Mountain Resort employees.

Powdr owned the Utah resort for more than 20 years, growing it into one of the most popular ski areas in North America.

According to Vail's Press Releases, with the acquisition, all aspects of the previously disclosed litigation with respect to PCMR have been settled and this dispute will no longer pose any future threat to disrupt the operation of the resort.

"First and foremost, we are very pleased to bring a permanent end to this dispute and provide assurance to the guests and employees of PCMR, and to everyone in the Park City community, that they no longer have to worry about any disruption to the operation of the Resort. This has been a difficult period for everyone involved and I commend John Cumming and Powdr Corp. for helping to find a solution to this situation," said Rob Katz, chairman and chief executive officer of Vail Resorts.

"Park City Mountain Resort is one of the most spectacular mountain resorts and iconic brands in the ski industry and I am proud to have the resort become a part of Vail Resorts. The acquisition will allow us to immediately bring Park City Mountain Resort onto the Epic Pass, which will now offer skiers from across the country and around the world access to 22 resorts. We look forward to working collaboratively with the entire Park City community, as well as city and county officials, as we chart the future for the resort, including how we can best bring the Canyons and Park City ski experiences together to create the largest mountain resort in the United States," he added.  

Mountain operations of PCMR and Canyons will remain separate for the 2014-2015 ski season. However, the Epic Pass and Epic Local Pass will be valid at PCMR. All PCMR passes for the 2014-2015 ski season will continue to be honored and can be exchanged or upgraded for a season pass that will also be valid at Canyons. The majority of all lift tickets sold at either resort will be valid at both PCMR and Canyons.

 

Canyons in the News

Patrick Meek:
Ultimate Weekender, 
HHonors Team Member and Sponsored U.S. Olympic Athlete

Speed skater Patrick Meek, is not only an U.S. Olympic hopeful but a team member at the Waldorf Astoria Park City. He hasn't taken much time off the ice recently in his preparations for the Sochi 2014 Olympic Winter Games and the Waldorf Astoria Park City has worked around Patrick's speed skating schedule to help make his Olympic dreams come true.

 

Canyons Golf Course making headway

 Completion expected by September 2014
 Aaron Osowski, The Park Record

  

 

 

 

It has been a much-delayed project through a development process that occurred over a decade ago, but at long last completion of the Canyons Resort Golf Course is expected in less than a year's time.

The 6,256-yard, par-70 course designed by Gene Bates and the Bates Golf Design Group will feature over 1,000 feet of elevation change. According to Guicho Pons, Officer with TCFC Finance Co., the course is expected to be completed by Sept. 30, 2014.

"[The course] was part of the original SPA (Specially Planned Area) agreement in 1999 and for whatever reason it was never done," Pons said. "We started construction in June and made really good progress over the last five months."

MVC Construction and Landscapes Unlimited have been contracted in the construction of the course and Pons said that "substantial progress" has been made on 14 holes with rough grading complete on the remaining four holes. Several holes are "virtually completed," he added, except for tees and greens, as the window for seeding closed.

TCFC Finance Spokesperson Todd Burnette said that, since they had to work with predetermined terrain in designing the course, there were challenges involved in construction.

"The challenges in building the course will end up being interesting features for players," Burnette said. "Elevation changes and elevated tees will provide incredible views from the Uinta Mountains to Old Town and all three ski areas."

Pons said they are almost finished with the irrigation systems on 14 holes. There are no irrigation systems on the rough graded holes and the course will utilize what they call a "fertigation" system which allows fertilizer to be applied directly through the irrigation system.

The irrigation system will also feature a computer system that can accommodate different "micro-climates" for the various holes. Pons said that, for instance, the holes on Willow Drop have a different micro-climate than holes near State Road 224.

Burnette calls the course "very unique" and said it has the ability to be a strong driver of out-of-state tourism during the summer, especially for corporate groups.

"There really hasn't been a golf course set up [in the area] to take advantage of large corporate groups," Burnette said.

Dave Dubois, a resident of Sun Peak and president of the Sun Peak Homeowners Association, said he and other residents near Canyons Resort are excited about the completion of the course's construction.

"We're all looking forward to having it completed. The holes look great and the paths seem first-rate," Dubois said.

Dubois did note that those residents near some of the construction have complained of dust being blown by their houses on windy days, so the establishment of green grass will be welcomed by many.

Pons said the course, which has an expected total cost of $25 million, has not received many complaints. The only notable complaints have been related to the rock cuts that have taken place on the hill near the Miners Club and Fairway Springs.

"We tried to minimize the environmental impact of the course. People complain about the rock cuts but don't realize that all of that material that came out was used in the golf course," Pons said.

Crews also employed a rock crushing machine that crushed material to be used as topsoil for holes farther down the hill, Pons said, which minimized the hauling of enormous amounts of material up and down the hill.

"The main thing to note is that we've listened to all of the residents' concerns and addressed [them]," Burnette said. "The vast majority of property owners are looking at this as a very positive thing."

For photos and information about the Canyons Golf Course, visit canyonsresortgolfcourse.com.