Park City Real Estate Trends

            Park City real estate encompasses many showcase homes and ultra high-end luxury properties. Slope-side homes in The Colony at The Canyons, Upper Deer Valley, Deer Crest, and more as well as golf course homes in Glenwild, Tuhaye and Promontory commonly see price tags of over $5 million (in fact there are over 60 such homes currently listed on the Park City MLS). But the home at 5000 Royal St. in Park City's Upper Deer Valley real estate area with an asking price of $55 million stands apart in the premium Park City property listings.

            What makes this Park City home different from the others (apart from the price tag)? There are many features that one would expect of a luxury residence in Deer Valley. The home is over 20,000 square feet and includes 12 bedrooms and 16 baths and custom built furniture throughout. The gourmet kitchen is designed to make a professional chef feel at home while still being a comfortable living area. Exterior spaces offer great gathering areas amid the pines away from nearly any city feel. A large gaming room provides a location for hours of fun and an indoor pool and hot tub make for alternative recreation to the outdoors. Two attached garages provide adequate capacity for transportation. The hillside location provides great views. The home's location, while not slope-side is just yards from the slopes at Deer Valley and minutes from Historic Main St. Park City. These things can be found in many of Park City and Deer Valley luxury resort residences. What 5000 Royal St has that others don't is: a private 60+ acre estate, the size of the estate alone is something that sets it apart; the fact that it is so central to Park City makes it truly one of a kind. While there may be the ability to subdivide apportions of the estate, it would be a shame.  An attached heated garage is capable of storing and show-casing a car or "toy" collection of 20 or more vehicles. The main home lies within a 3 acre fenced and landscaped grounds.

            The construction and materials of this home come with a story as do the residents and guests. The home was constructed with logs reclaimed from the Yellowstone park area of Wyoming. The logs represent the structural integrity of the home as steel beams were not used. This is truly "old world" craftsmanship that took years to complete. The rustic finishes and western feel are authentic and irreplaceable.  The Huntsman family has many fond memories of the estate.  The home has been an escape for Governors, Heads of State and Prime Ministers from around the world.  This home can truly be said to stand apart from other multi-million dollar homes in Deer Valley, Park City, Utah or the world.

            Contact your YouInParkCity.com real estate professional for more.