park city utah

11 Park City Luxury Estates Up For Auction

An auction of 11 luxury homes located throughout Park City, Utah is scheduled for August 27th. Accelerated Marketing Partners is holding the nation's largest residential sealed-bid auction with a total of nearly $80 million in property up for grabs. Published minimum reserves for the homes range from $1.495 million to $15.875 million and represent an up to 54 percent reduction in price.These are lavish estates, several have ski-in/ski-out access and overlook resort communities or are located in golf communities. The estates are being sold by motivated individuals who are ready to commit to the highest bidder.

"As the nation's largest sealed-bid, published reserve auction, this watershed event offers a once-in-a-lifetime opportunity for prospective buyers around the country to purchase preeminent mountain homes at unbeatable prices," said Ken Stevens, west coast CEO and co-founder of Accelerated Marketing Partners. "As we have seen through our previous highly successful Park City sales, Lookout at Deer Valley and Silver Strike Lodge at Empire Pass, savvy buyers are out there, waiting for an opportunity to purchase luxury estates at price points they are comfortable with, and they determine."

The property shown above is DeerField Estate, a 15,000-square-foot estate developed by builder Eustace W. Mita of Achristavest, LLC. It was previously the highest listed property in all of Deer Crest and the fourth highest in all of Deer Valley when it was taken off the market a year ago at $28.975 million. The estate has seven suites, a private gondola for ski-in/ski-out access, indoor swimming pool, billiards, theater, family room with open truss cathedral ceilings and a wine room with 18th Century French cast-iron doors. The published reserve for DeerField Estate is $15.875 million, 54 percent less than the previous asking.

Tags: luxury real estate, luxury real estate auction, park city, park city utah, utah, utah real estate

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St. Regis Deer Crest Brings Five-Stars to Park City

by Laura Malesich (RSS feed) —

Filed under: Luxury Travel & Hotels

Park City, Utah is already known for fantastic skiing and deep-blue skies but lacked five-star status with a premiere resort within reach -- until now. A new addition to the Park City area, St. Regis Deer Crest brings 26 private residences, 67 condominium hotel suites, and 180 luxury guest rooms and suites with all the expected quality of other St. Regis resorts around the world. It sits just 30-minutes from the Salt Lake International Airport for easy access and only one mile from Old Town Park City plus the resort is conveniently located between three world-class ski resorts for winter sport enthusiasts as well as Jordanelle Lake and State Park for year-round exploration.

Gallery: St. Regis Deer Crest