Park City Real Estate Trends

            A 160 acre estate complete with luxury home, guest house and barn is to be sold at auction to the highest bidder Tuesday February 22. This estate is currently listed for sale on the Park City MLS for $17,500,000. The auction has no minimum bid and the seller has agreed to accept any offers above $8 Million (there is a 10% buyer's premium to be added to the sales price).             This luxury estate features a main residence of approximately 13,000 sq ft with six bedroom suites, seven full and 5 half baths. Beyond the impressive entryway the home opens up to high ceilings and fantastic views. The gourmet kitchen provides and understated country feel capable of both elegance and casual comfort. The master suite encompasses 1000 sq ft including a saltwater spa in a grotto like setting plus sauna, his and hers closets, exercise room and wet bar.  Seven stone fireplaces assure that warmth and ambiance can easily be found throughout the home.

            The guest house features nearly 2000 sq ft of living space; two bedrooms, two and one half baths, two fireplaces, laundry, kitchen with separate dining area, great room and two car heated garage. Finishes that mirror the quality of the main residence give the guest house an intimate elegance and luxury worthy of a permanent residence.             The barn is a state-of-the-art climate controlled stable and indoor riding arena covering 8500 square feet. Nearly 3000 sq ft are devoted to the sand based riding arena with windows on all sides taking in the beauty of Wolf Creek Ranch. There are 5 luxury stalls and a dedicated birthing stall.             The estate lies within the private gated community of Wolf Creek Ranch. The community is comprised of 14,000 acres that border the 2.2 Million acre Uinta National Forest. Over 50 miles of maintained trails run throughout the community. Over 100 acres are devoted to common areas which include a 6000 sq ft Owners lodge, 3000 sq ft community guest house and four yurts.  All of this is only minutes from Park City, Utah and just over an hour's drive from Salt Lake International airport. The nearby airport in Heber can handle small private jets. A helipad near the front entrance to the community offers quick access to this National Park like get-away.             The custom furniture that adorns this luxury get-away estate are included to make this estate turn-key and ready to become part of your family legacy and memories.             True custom luxury estates with the accessibility of nearby destination resorts are seldom transferred but usually handed down among family members. This auction may be the perfect opportunity to obtain a legacy property. For more information contact a Park City realty professional with YouInParkCity.com.           This auction was cancelled. Bidders showed for the auction, but none were willing to bid above the $8M minimum.