The Canyons Resort announces chairlift with heated seats new gondola and new terrain

Posted on October 9, 2010 by timgaebe

Canyons Announces First Bubbled Chairlift with Heated Seats in the United States, New Gondola Portal to Ski Village, New State of the Art Quad Lift, New Terrain and Enhanced Snowmaking

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Park City, Utah (August 19, 2010)

– In anticipation of the upcoming ski season, Canyons, a Talisker mountain destination, is pleased to announce the launch of two new, state-of-the-art lifts, a new direct-connect gondola, expanded terrain and vastly improved snowmaking capabilities. This is the very first phase of the re-creation of Canyons. Anticipate several future significant announcements including dramatic food and beverage news.

Orange Bubbled, State-of-the-Art Lift – First of its Kind in North America

Just outside the Grand Summit Hotel, the new lift is a marvel of engineering and will be the first of its kind in North America. One of the most technologically advanced chairlifts in the world, the bubble enclosed, quad lift offers unmatched visibility, safety, and design and includes sophisticated comforts such as heated seats. The weather protecting orange bubble will evoke the feeling of being inside a pair of ski goggles as it transfers guests from the steps of the Grand Summit Hotel to the mid-mountain Lookout Peak before continuing uphill to an ending point just south of the current Sun Peak lift. The new lift will be a visually stunning addition to Canyons and will increase the uphill capacity from base-mountain by a staggering 47%. Most importantly, the new lift will allow skiers to get to the very top of the mountain in just nine minutes – a far more timely, simple and elegant fashion than ever before.

New Direct Gondola Connection from the Center of Canyons Village – First Phase of Village Re-Creation

A new gondola portal has been created, located immediately across the village center from the Cabriolet Lift, it will create a direct-connect gondola that transports guests from the center of the village to the Red Pine Lodge. This will provide a far more simple and fluid process for transporting guests onto and off of the mountain. In addition, the gondola cabins will be upgraded.

300 Acres of New Skiable Terrain / Iron Mountain Lift

Utah’s largest resort is getting even larger and more exciting. The southern-most part of Canyons will see the construction of another new detachable quad lift, which will provide guests with access to an additional 300 acres of northwestern facing skiing and snowboarding terrain. Ten runs, ranging from intermediate to expert to gladed tree skiing will bring the total number of runs to an impressive 176. Timberline Lift will allow guests to ride in either direction and provide easy access to the south side of Canyons. This will allow guest to move around the mountain more easily.

New Snowmaking Enhancements

In addition to Canyons’ almost 400 natural inches of some of the best snow on earth and existing snowmaking capabilities, Canyons is constructing a 20 million gallon reservoir to ensure a consistent skiing and riding surface particularly in the early and late stages of the season. The reservoir and additional infrastructure investments will more than double The Canyons already significant snow making capabilities.

Canyons Ski Beach

The Ski Beach, located between the base terminal of the new direct-connect gondola and the new high speed, state-of-the-art quad lift, will become a gathering place for the beginning and end of the day. Along with Talisker’s award winning culinary team, Canyons will provide guests the ability to enjoy everything from breakfast to an après ski cocktail in a truly beautiful and breathtaking setting viewing up the mountainside. The Ski Beach will also prove to be a wonderful setting for concerts and other cultural events year round.


Photo credit: The Canyons Resort.

Canyons, a Talisker mountain destination, offers 4,000 acres of exceptional skiing and snowboarding terrain, 176 trails, 5 world class lodging properties including 35,000 square feet of flexible meeting space and a variety of dining options. Salt Lake City International Airport is just 35 minutes away and provides unparalleled access from anywhere in the world.

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Deer Valley Resort named #1 Resort in North America

Posted on October 6, 2010 by timgaebe

Deer Valley Rated #1 Resort in North AmericaDeer Valley Resort has been named the #1 ski resort in North America by the readers of SKI Magazine for an unprecedented fourth year in a row. No other ski resort has ever earned the prestigious ranking so many times consecutively. And remarkably, in the past ten years, Deer Valley’s rating hasn’t dipped lower than third.  Deer Valley also received top honors from SKI readers in the categories of service, grooming and dining.

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Park City Mountain Resort rated fifth overall and has been in Top 5 for six of the last seven years.

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The Canyons Resort was rated 18th overall up from 20th.  There are a number of new improvements for this coming season which should elevate their ranking for next year. Some of this season’s improvements include a new, heated, covered, high speed quad that will increase uphill capacity by 47% , a realignment of the Gondola,  a new lift on Iron Mountain that will add 300 new acres, and a ski beach.

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Real Estate opportunities are available at all three world-class resorts.

Search Park City Real Estate now!

Tim Gaebe
Prudential Utah Real Estate

435-602-0657
tgaebe@pureutah.com

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Victory Ranch Club new lot listing

Posted on June 6, 2010 by timgaebe

Just Listed - Lot 64 - Victory Ranch ClubJUST LISTED

LOT 64 – VICTORY RANCH CLUB

6024 E. Mayfly Ct. 

Kamas UT 84036 

PCMLS#  9984870  WFMLS#  966770

Price $399,000.00

1.79 acres

On the 6th Tee Box at Victory Ranch

Located on a quiet cul-de-sac

Views of Golf, meadows, conservation area and the picturesque Cliffs.

On the par-3, 6th tee one of the most dramatic & picturesque settings at Victory Ranch new Rees Jones Championship Golf Course. 

Private access to the infamous 5-mile (est) stretch of the Upper Provo River, known as the “crown jewel” of this gated community. 

JSSD assessment has been paid in full.

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Talisker Expands with Purchase of The Waldorf Astoria Hotel at The Canyons

Posted on April 11, 2010 by timgaebe

Talisker Expands with Purchase of The Waldorf Astoria Hotel at The Canyons

 

Waldorf Astoria Park CityTalisker recently announced its purchase of Park City’s newest luxury hotel, The Waldorf Astoria Park City, located at The Canyons.

 

The Waldorf Astoria, Park City, opened last summer at the foot of Talisker’s ski resort, The Canyons. The hotel includes 170 rooms and condominium units, dining at Spruce, as well as the Golden Door Spa which offers an exquisite menu of services available to hotel guests and the community alike.

 

“We are proud to add this wonderful and complementary asset to the Talisker and Canyons properties in Park City”, said Jack Bistricer Chairman and CEO of Talisker. “The Waldorf Astoria, integrated into The Canyons Resort, will expand The Canyons’ offerings and Talisker’s Definitive Alpine Living experience.”

 

Talisker is developing real estate in several Park City area communities, including The Canyons ski resort, Empire Pass at Deer Valley Resort, Tuhaye golf course community, and others comprising more than 13,000 acres throughout the area.  As the creator of the remarkable Talisker Club, Talisker has been recognized by the Robb Report as the Best of the Best of Mountain Resorts, and by Travel + Leisure Golf’s America’s Top 100 Golf Communities.

 

 

About The Waldorf Astoria Park City

The Waldorf Astoria Park City is located in one of the most beautiful natural settings in the West. Waldorf Astoria Park City and Golden Door Spa is the first ski-in, ski-out resort added to The Waldorf=Astoria Collection. The property boasts luxury accommodations; a Golden Door Spa; the award winning Spruce Restaurant; meeting space; pools and kids camp. Outdoor patios with fire pits, and hot tubs provide guest areas of relaxation for use year-round. The Frostwood Gondola provides exclusive access to The Canyons mountain amenities.

 

The property’s 105 full ownership residences are appointed with custom designed furniture and carpeting, natural colors and rich interiors to create a casual yet elegant atmosphere. Available in studio to four bedroom configurations, residences, starting at $299,000 and are fitted with fireplaces, flat screen HDTVs, spacious baths with jetted tubs and Euro showers, washer & dryers and private patios or balconies. Residences offer a large gourmet kitchen featuring Viking appliances and granite counter tops.

 

The Golden Door Spa, one of only six in the world, housed in the Waldorf-Astoria Park City. The 16,000 square foot facility includes 15 treatment rooms featuring signature Golden Door offerings as well as a full-service hair and nail salon and a custom menu of fitness classes, including cardio, yoga, meditation, stretching, Pilates, Kinesis and resistance training.

 

Waldorf Astoria Park City is the first outpost of the award-winning Spruce Restaurant of San Francisco, a sophisticated restaurant offering seasonally inspired, Contemporary American cuisine created by Executive Chef Mark Sullivan. The 5,000 square foot restaurant hosting 140 indoor and seasonal outdoor seating includes private dining areas and a lounge, all with sweeping views of the surrounding Wasatch Mountain Range. The restaurant offers an unparallel wine and spirits program, including handcrafted cocktails and an extensive wine list of more than 1,400 wines from vineyards around the world.

Please contact me for sales information about the Waldorf Astoria Park City.

Tim Gaebe
435-602-0657
tgaebe@pureutah.com

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Park City in Summit County called one of Americas wealthiest counties

Posted on March 16, 2010 by timgaebe

Park City, UtahSummit County called one of

America’s wealthiest counties

According to Forbes.com, it’s an anomaly

by Andrew Kirk, OF THE RECORD STAFF

Posted: 03/10/2010 12:47:13 PM MST

Last week, Forbes.com assembled a list of America’s top 25 richest counties. With a median household income of $85,258 in the 2008 calendar year, Summit County made No. 22 on the list.

That’s probably no surprise to people familiar with the community and the price of housing here, but what may be surprising is the fact that it’s one of very few vacation communities and the only one not adjacent to a major metropolitan area.

The latter point is the explanation Forbes-writer Francesca Levy gives for why these 25 counties are so wealthy. Almost all of the counties are within driving distance of the Washington, D.C. and New York City metropolitan areas. Two are in the Bay Area: Marin across the Golden Gate Bridge from San Francisco and Santa Clara to the south in Silicon Valley. All the rest are bedroom communities for Denver, Colo.; Atlanta, Ga.; Nashville, Tenn.; and Baltimore, Md.

People with high-paying jobs often want to live in beautiful suburban areas with good schools. All 25 counties match that description, but Salt Lake City is not comparable in size to those other seven cities.

What accounts for Summit County’s wealth?

Mark Seltenrich, president of the Park City Board of Realtors, helps people look into moving here all the time. He said its proximity to Salt Lake City is only piece of a larger pie.

“Utah isn’t known for the high wages of the coasts,” he said. “People who live here they’re bringing the money with them.”

There are plenty of Summit County residents who commute to Salt Lake City, but for several reasons Park City has become attractive to people who can work anywhere. Some residents telecommute or have home offices. Others travel for work – like airline employees – and need close proximity to a major airport.

Park City’s year-round outdoor recreation makes it popular with people with enough money to retire early, or who are looking for quality of life in the place they choose to reside, he said.

Many parents also scrutinize school districts carefully.

Aspen, Colo., for example, has great quality of life, but their public education system isn’t as good as Park City’s, he said. All wealthy areas have private schools, but many parents feel their child gets a more “normal” or well-rounded experience in public schools.

Additionally, Park City has many long-time residents who preserve the community’s character. It’s a real town, not just homes surrounding a ski resort, he said. Many people value a feeling of community.

All of these factors make Summit County an attractive place to locate one’s primary residence – not just a place to buy land or have a vacation home. That’s probably why it’s the only resort town on the list, he said.

And the richest county in America? Loudoun in Virginia just outside of Alexandria.

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Park City Utah Ranks 4 for 10 best places for second homes

Posted on March 13, 2010 by timgaebe

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Barrons – 10 Best Places for Second Homes

By STEVEN M. SEARS
March 8, 2010

Prices of luxury real estate are finally starting to rise, as bargain hunters swoop in. Some of the best deals are in second homes with pricesoff as much as 40%.

AT LONG LAST, THE MARKET FOR LUXURY REAL estate is coming back to life.

Prices for primary residences, which plunged at least 20% from the peak in 2007, appear to have bottomed. In some of the snappiest locations, scattered bidding wars are breaking out and prices are turning upward.

In Greenwich, Conn., realty brokers say, the final months of 2009 were almost record-setters for sales volume, as two years of pent-up demand was unleashed. Even the megadeal is back. In Beverly Hills, film producer Jeffrey Katzenberg just plunked down $35 million for an 8,700-square-foot home on six acres.

There’s nothing like a stabilized economy and a huge rebound in stocks to send folks looking for the perfect manse. The return of hefty Wall Street bonuses hasn’t hurt, either.

With all that in mind, and with summer just around the corner, Barron’s sized up the market for upscale second homes, one of the greatest luxuries of all. We scoped out dozens of deluxe enclaves across the country, speaking with brokers, homeowners and others. Our conclusion: Now could be an excellent time to buy.

Prices are way down — 40% off the peak in some locations. Seemingly at or near bottom, they are starting to attract the first wave of bargain hunters — and not just families in need of R&R. Hard-nosed investors also are on the prowl, says Jan Reuter, head of residential real estate at U.S. Trust Bank of America Private Wealth Management: “We’ve seen an uptick in buying in just the last couple of months.” 

To help you in the hunt, Barron’s has selected the 10 best places in America for second homes. These alluring locales have it all: gorgeous houses, spectacular views, world-class golf, fishing and skiing, fine dining and great shopping. You’ll find the complete range of lifestyles, from peaceful and easy to vigorously social.

Some warnings: 1) Our selections are every bit as subjective as tastes in homes themselves. 2) The prices cited are based mainly on conversations with locals, because hard data isn’t available. 3) Your plush new retreat may take some time to rise in value. Serious appreciation will require a better economy and, quite possibly, another big rally in stocks.

But hey, you could do worse than marking time in paradise.

#1 – Maui
#2 – Kiawah Island, SC
#3 – The Hamptons, NY
#4 – Park City, Utah

4. Park City, Utah Skiers love Park City for its powdery winters, but homeowners relish the summers, too. The crowds thin out, life slows down and the tall aspens lining the nearby Wasatch range shimmer in the breeze. The one-street Old West downtown is dotted with classic Victorian houses, while Deer Valley, an understated year-round resort community, sits on the eastern edge. Its namesake ski hill has been crowned by readers of Ski Magazine as North America’s top ski resort for three years running. For $100,000, you can join the nearby Talisker Club, with links designed by PGA Tour Champion Mark O’Meara. Bonus: Salt Lake City International Airport, a Delta Air Lines hub, has direct flights to the East and West Coasts.

Median Price: $1 million
Drop From Peak: 45%
Neighbor: Robert Redford

#5 – Aspen, CO
#6 – Pebble Beach, CA
#7 – Palm Beach, FL
#8 – Captiva/Sanibel Island, Fla
#9 – Asheville, N.C
#10 – Gasparilla Island, Fla.

Now is the time to purchase your second home in Park City, Utah.  With auctions and price reductions as much as 40% in luxury developments, you won’t find a better time to invest in Park City. 

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Silver Strike Lodge
Flagstaff at Empire Pass (up to 40% off)
Village at Empire Pass
Lookout at Deer Valley Auction (up to 59% off)
Westgate Lodge at The Canyons Auction

Tim Gaebe
Prudential Utah Real Estate
435-602-0657
www.parkcitysecondhome.com

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Park City Real Estate News

Posted on March 9, 2010 by timgaebe

Park City real estate

2010- A Value Driven Market
Prudential Utah Real Estate Spring Newsletter

A timely convergence of opportunities—dropped prices, low interest rates, availability of product and motivated sellers—have created a “perfect storm” of value in Park City’s real estate market. This opportunity may be a fleeting squall, however, as the nation rises out of a recession. For buyers looking for a refuge for their families, now is the perfect time to take advantage of Park City’s excellent values and excellent choices.

Reduced Home Prices

Home prices in the Park City area have dropped considerably, offering better values than we may see for several decades. While no one can predict with certainty if the local market has hit rock bottom, total sales volume in Park City has climbed slowly but steadily each month since November 2008*.

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Reduced Interest Rates

Even if Park City real estate prices fall again, they would need to drop another full 10% to balance out a 1% rise in interest rates. While most believe the first scenario is unlikely, rising interest rates are almost certain to occur. “Going back over 30 years, my data shows that interest rates are at a near historic low,” says Rick Klein of Mountain Summit Mortgage. “Between now and the middle of 2010 would be an excellent time to take advantage of interest rates,” offers Klein.

Limited Availability of Product

In contrast to most of the nation, the supply of quality housing product in Park City has thus far been able to keep up with the demand. However, the relatively small size of resort developments means that this wide selection of product may not last long. Unlike urban projects that offer hundreds of units, Park City’s new construction can quickly become scarce.

Empire Pass in upper Deer Valley has seen increased sales over the winter.  The Montage Deer Valley will open in December 2010, offering residences for private owners, Flagstaff at Empire Pass has been offering as much as 30% to 40% off, but this won’t last long.

Motivation of Sellers

Because our market held up better at the beginning of the national housing downturn, area sellers were reluctant to lower their prices. Today, sellers, developers, and lenders alike are now seeking debt relief, minimizing cost of carry, and working to remove non-performing loans from their books. But, this seller incentive may be short lived; if sellers believe the market will correct, they may quickly become less motivated.

Promontory Ranch Club is offering some of the most incredible real estate deals in Park City.  With lots starting at $100,000 and nearly completed homes starting at $595,000, now is the to purchase your dream home.

The simultaneous convergence of market forces and an overall soft economy could not offer a more favorable time for buyers. You won’t want to miss it.

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Tim Gaebe
Prudential Utah Real Estate
435-602-0657
www.parkcitysecondhome.com

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Promontory Ranch Club real estate information

Posted on March 6, 2010 by timgaebe

Promontory Ranch Club
Promontory Ranch Club is a second home mountain community overlooking Park City and Deer Valley, Utah. It is a place that brings families together, strengthens friendships and allows a true sense of community to flourish. At Promontory Ranch Club, up to five signature golf courses are planned for this private gated community, currently offering the Pete Dye Championship Course and the Painted Sky 18-hole Jack Niclolas, not to mention three world-class ski resorts within minutes of Promontory. Ranch Club members will also enjoy their own exclusive ski lodge at Deer Valley.

Jack Nicklaus does it again. Set against a stunning mountain backdrop in Promontory’s scenic Painted Valley, the course will delight the senses and reward players of all abilities. The Painted Valley Golf Course is rated the toughest course in Utah and in 2008, was rated the 3rd Best New Private Course in the country by Golf Digest Magazine.

My favorite, The Pete Dye Canyon Golf Course has received numerous accolades, including Golf Inc. magazine’s “2003 Golf Development of the Year.” Anchored by the architecturally astounding Pete Dye Clubhouse, this course is a sanctuary devoted to the appreciation of golf and the comfort to family.

Experience the West the way it was won: on horseback! Manager Adrianna Silvestri commands an equestrian club that stands as a significant testament to Promontory’s commitment to horse training, riding performance, and blue ribbon care.

Designed exclusively for the equestrian members of Promontory, the Equestrian Center provides an ideal experience for every level of rider, whether you envision a family trail ride or you long to learn fine horsemanship.

Indulge and revitalize at the Spa and Fitness Center.

Kids are always welcome! A complete list of activities,including a Kids Clubhouse for ages 4-12 await your family members.

CONVINCED? Promotory is one of the best buys in Park City real estate. With lots starting and $100,000 and homes from $595,000, isn’t it time to invest in Promontory?

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PROMONTORY RANCH CLUB

Let me know if I can help you find the perfect home at Promontory.
Tim Gaebe
Prudential Utah Real Estate
www.parkcitysecondhome.com
435-602-0657

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Tuhaye golf club real estate listings

Posted on March 5, 2010 by timgaebe

Tuhaye Golf Club, a Talisker ClubTuhaye Golf Club is nestled along the eastern slopes of the Jordanelle Reservoir, just minutes from Park City and Deer Valley. With 10,000 acres of land and a 20-mile trail system, hikers, mountain bikers and nature lovers of all ages can always find someplace new to investigate. More than a pure golf and ski community, Tuhaye is a timeless living environment brought to life by a visionary team of lifestyle creators.

Simply by owning a home or homesite at Tuhaye, you are welcome to a five-star world of amenities at Tuhaye as well as the Talisker Club at Deer Valley, the best of all possible worlds in one all-inclusive membership.
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Lots are unbelieveably priced starting at just $275,000
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Victory Ranch Club offers 30% discount on lots

Posted on March 5, 2010 by timgaebe

Victory Ranch Club near Park City, Utah
Prudential Utah Real Estate is the listing agent for Victory Ranch Club. They have just announced that the 30% discount on remaining lots will end March 31, 2010. This is an incredible opportunity to purchase a lot and build your dream home.

The new Rees Jones golf course has created an enormous “buzz”. Many who played it have stated that it is the best golf course in Utah. A world-traveling PGA pro said, “Most amazing in-land course I’ve ever played”. Rees Jones, golf writers and other aficionados believe it may be rated in the top 100 courses in the United States. This will soon attract a greater interest from the nation-wide market.

Prudential has offered Freestone Friday’s throughout the winter with only a couple left. Contact me at 435-602-0657 if you’d like more information about these events. We had an incredible catered dinner as well as learning how to roll sushi at the last party; High West Distillery is catering the next event. I’d love for you to be my guest.

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Even though it’s still winter, the fishing has been outstanding!
Come join me!
Tim Gaebe
Prudential Utah Real Estate
435-602-0657
more info on Victory Ranch

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