Big News from the Mayflower Marcella Development: Tiger Woods Designing New Marcella Golf Club Course near Park City, UT
This exclusive new Tiger Woods course in Utah with membership accessible through property ownership only via 2 different Marcella community locations: custom homesites available now for the private ski community of Marcella at Mayflower on the slopes and coming in the future homesites at the golf course (likely 2 years out.) Prices start in the $2mms for homesites at Marcella on the Mountain and have already begun selling. 42 of the 68 homesites in initial release already sold. Please reach out with any additional questions!
Park City Real Estate Market Trends, February 2023
If you are thinking of listing your home for sale in Park City UT, you need the latest housing market data & trends! Our Park City Real Estate Market Update for February 2023 includes Stats for Single Family Homes, Condos & Townhomes.
HOW’S THE PARK CITY REAL ESTATE MARKET?
While the latest national headlines about real estate in the United States focus on the effects of higher interest rates on prices, real estate is eternally local and the micromarkets of Park City are no differnet.
The headline for the Park City area is INVENTORY SHORTAGE in 2 words…Owners holding onto their favorable rates just adds to the inventory shortage which is keeping our values steady as inventory remains well below normal levels. Although more than 60% of the buyers in this market are cash, many owners are staying put…they like their rate and there’s no homes and condos available for them to shop to upgrade or downsize to stay in this area.
This is creating a stable market and favorable conditions for the new construction and new development opportunities.
It’s also more important than ever to have a Realtor to help you to dig below the surface for what you want.
View January 2023 Statistics for Single Family Homes/Condo-Townhouse
Introducing Park City’s Latest Developments: Velvaere at the Extell Mayflower Resort, Country Haven, and Discovery Ridge
When it comes to new developments in Park City and its surrounding areas, it can sometimes feel difficult to be fully in-the-know. My goal is to be your ultimate resource with the most up to date information. So, without further ado, here are 3 very exciting developments I want to introduce you to!
I can tell you all about pre-construction condos, homes, and homesites available in the new Mayflower area.
Mayflower is the new, Deer Valley Resort-adjacent development, a fully integrated “mountain village” estimated to offer:
4 Hotels + MIDA Hotel with Conference Center (1,560 residential units + 825 hotel rooms plus commercial space)
Day Lodges + Ski Beaches
Walkable Village with Dining & Shopping (~250,000 retail and commercial square feet)
~68,000-square-foot recreation complex
Amphitheater Stage & Lawn
~95,000 square feet for employee/workforce and attainable housing
Parking in the village for day-skiers in addition to dedicated parking for all on-site facilities.
Velvaere – Mayflower Area
The 60-acre community by Magleby Development will feature direct ski-in, ski-out access, year-round mountain adventure and recreation through an onsite ski-lift, extensive ski terrain, discovery-focused outdoor spaces, a ~30,000 SF integrative wellness center, and a ~20,000 SF family adventure center, all woven around 115 private residences. The hyper-wellness point of view is infused throughout all the homes, the amenities, and throughout the community. All product is custom design/build by Magleby. Pricing starting at $2,400,000.
Country Haven Gated Community Summit County, UT/Kamas Valley
Country Haven Agricultural Preserve – Slow Down in Summt County
Adjacent to the residential area of Country Haven is 108 acres of open land that has been permanently preserved as open space for agricultural purposes. Named Highland Ranch, this ranch will grow all organic Highland Cattle, Mangalista Pigs, and fresh eggs that can be ordered through your community App and delivered to your door. From time to time there will be opportunities to work the ranch alongside the Cowboys and experience farm life firsthand. Just a 30 minute drive to Park City.
Over 83% open space including 176 acres of Agricultural Preserve.
Its own well and private water source.
4 amenity “camps” or parks: botanical gardens with classes to include seasonal yoga, pool, clubhouse/fitness center, bbq pavilion, tennis and pickle ball court, and dog park. Edible garden wil be used for various agricultural and community events, and farm to table kitchen
Lots, semi-custom and custom homes.
Farm-to-home organic meats and eggs.
Hydroponic vegetable gardens included with every home.
61 of its 65 homesites back to open space.
Brooke | up to 3,733 sf
Daisy | up to 4,588 sf
Shiloh | up to 4,167 sf
Camille | up to 7,991 sf
Pricing starting at $1,224,200
Located between Parleys Summit and Jeremy Ranch near Park City, Utah, Discovery Ridge is a beautiful 72-acre mountain residential development featuring single-family homes, townhomes and lots. A public trailhead, within the community boundaries, leads to approximately 1,000 acres of open space filled with trails to hike, mountain bike, trail run, cross country ski and snowshoe. Also featured in this pet-friendly community are two playgrounds and an area for sledding in the winter.
4867 Legacy Way, Park City, UT 84060
6 bedrooms | 6.75 bathrooms
10,373 square feet | MLS #12200987
List price: $19,750,000
#1 DEER VALLEY REALTOR 2021
Kristen Barber Principal Broker for the Stein Collection Brokerage, Stein Eriksen Realty Group. She specializes in providing sophisticated service to buyers and sellers throughout the Park City area and the surrounding luxury communities.
She has a successful track record dominating the real estate sales at Stein Eriksen Lodge and Stein Eriksen Residences; listing and representing the vast majority of Stein’s condos bought and sold.