There’s just a great choice of condos at the Deer Valley area to purchase. Deer Valley Resort is among only a four skier only resorts in the united states therefore it’s an attractive place for sailors to get a ski shore getaway. Lots of who ski Deer Valley enjoy not having to share the slopes with snowboarders. It is also one of the easiest ski resorts to arrive at with many nonstop airport destinations into the Salt Lake International Airport that’s a quick 30-45 minute drive off. Besides full ownership condos there are also fractional ownership condos to buy. Condo Hotels in Deer Valley have become popular because they are inclined to offer more conveniences and also a greater possibility for leasing revenue than conventional condos.
Location, age and conveniences influence the purchase price of condos in Deer Valley.
The Lower Deer Valley area which is located near Snow Park Lodge at the base of the resort offers lower prices relative different areas surrounding Deer Valley Resort. You can find some ski in ski out condos or condos a short walk or shuttle ride from the ski hill. Condos within this region may start in the low $600,000’s and move up from there. The 2006 median price for condos at Lower Deer Valley is roughly $949,500. This area was one of the first developed areas at the resort so some of these condos were constructed from the early 1980’s but in addition, there are newer condos to choose from magnolia residences condo for rent also. Many of the older condos are nicely remodeled and provide you more square footage for your cost.
Only above the Lower Deer Valley area you will find the gated community of Deer Crest. It will provide some of the most opulent amenities the Park City and Deer Valley area has seen including ski butler service, a 17,000 square foot spa with spa salon and gym, a ski “shore”, 2 resort style pools, a apres ski lounge, wine/martini bar and a signature restaurant. The 2006 median price for a flat at the St.Regis is about $3,050,000. You may select from a Condohotel unit that’ll come supplied and could be set in an every rental pool or even among those exclusive Residences condos that are on the best 3 floors serviced by another elevator. The Residence condos can not be put in a nightly rental pool to provide more privacy to it’s exclusive owners.
At the mid mountain Region of Deer Valley Resort is your Upper Deer Valley/ Silver Lake Village area. There are numerous great condo developments in this area with a few offering ski in ski outside chances. The Silver Lake Village area delivers an amazing variety of high end restaurants and shops in addition to access into the Silver Lake Lodge at Deer Valley Resort. In the event that you would like a flat that is a short walk to shopping and lots of restaurants then this specific area is well suited for you. In 2006 the median price for a flat at the Upper Deer Valley area is approximately $1,745,000. Condos within this area where typically built from the mid 80’s to late 90’s.
The Empire Pass area at Deer Valley Resort is a somewhat new area that is presently under development and supplies a excellent assortment of new luxury ski in ski out condos. Inside this area is the top lodge called Empire Lodge. It’s probably one of the most beautiful parts of the mountain offering spectacular views and located near some of the very widely used skiing runs in the resort. There are newly completed condos available as well as Pre Construction opportunities. Condos within the area are running around $1500/square feet. Similar properties in Vail will run around $2, 000 to $3000/square foot in order that they remain a fantastic value relative to some other ski resort communities. In 2006 the median condo price is currently about $2,750,000 for the Empire Pass area.
Many condo buyers are contemplating luxury hotels today. At Deer Valley they have a tendency to offer greater leasing sales potential. In addition they tend to offer more comforts in addition to meeting room space. The meeting room space will help increase use of the condos in the off season with use for corporate retreats and meetings. Therefore, if you’re also searching for a flat which will provide the best possible rental revenue then you may want to take into account a Condohotel that offers meeting room space in the center. There are a few to choose from in the Deer Valley region. The real estate management firm that provides services the specific condo that interests it is possible to give you the client with rental projection data and lease history data. The local Park City / Deer Valley realtor can help associate with these businesses and their main contacts. Each condo hotel might be handled by another firm.
So in case you enjoy ski without snowboarders and come in the market for a ski shore get away which is easy to arrive at then Deer Valley in Park City Utah may possibly be the area to take into account. When looking it really is best to utilize a local Realtor who knows the area to aid you in finding the condo that may meet you and your families needs as well as help you receive all of the info you will need to get a smart business choice.