Market Overview

Montage Residences Deer Valley Reports $88 Million in Sales

Park City Luxury Resort Residences Redefine the Real Estate Market.

Park City, Utah (PRWEB) November 05, 2012

Montage Residences Deer Valley has reported more than $88 million in sales in the past 23 months, with 23 residences sold and continued momentum heading into the winter season. The brisk activity has redefined the Park City real estate market and further positions Montage Residences Deer Valley as the market leader. This summer and fall, Montage Residences Deer Valley closed six residences, totaling close to $20 million in transactions, prompting a strong forecast for the remainder of the year and moving into 2013.

“Our recent sales activity provides validation that Park City is a true four-season destination and our owners are attracted to the distinctive Montage lifestyle,” said Ed Rehill, Director of Sales for Montage Residences Deer Valley. “Year-round interest in our residential offering speaks to the desirable components of the property, as well as easy accessibility from many cities throughout the country,” said Mr. Rehill.

Positioned at the top of Empire Pass in Deer Valley, the spectacular location of Montage Residences Deer Valley offers breathtaking panorama mountain valley views and unparalleled ski-in/ski-out access. Owners of the Residences have access to dedicated concierge services, as well as the programming, culinary arts, spa, and world class amenities that elevate Deer Valley's reputation amongst ski resorts. Montage Deer Valley offers residents a selection of four distinctive dining venues, including a gourmet gastropub with a four-lane regulation bowling alley; Spa Montage, with 29 treatment rooms and mosaic indoor pool, is Utah's largest and most impressive retreat at 35,000 square feet; and Compass Sports, the resort's high-tech recreation center featuring an assembly of iPad-equipped ski valets who make getting on the slopes a snap with three adjacent chairlifts just steps from their door.

Montage Residences Deer Valley has select homes available for purchase, ranging in size from 1,850 to 5,380 square feet, priced from the high $2M's up to $10M, including fully furnished and unfurnished options. The high quality craftsmanship is reminiscent of an elegant mountain lodge design - all residences are appointed with estate-quality finishes, gourmet kitchens, multiple gas fireplaces, five-fixture stone bathrooms, rustic cherry millwork, and hand scraped walnut plank flooring. Additionally, some floor plans include a guestroom lock-off with a private entrance, making it easy to share the ski-in/ski-out condominium with family and friends, while maintaining a level of comfort and privacy.

This winter, various designer residences will be showcased, including an exceptional unit by nationally recognized and Utah local designer, Alder & Tweed. Weaving chic with eclectic, the exceptional 2,683 square foot, three bedroom, four bath condominium takes mountain living to new heights. Overlooking the sparkling alpine pool and hot tubs, the plush and contemporary design pops with amiable colors, prints, and accessories; adding warmth to neutral oatmeal, blonde and brown tones. This home is outfitted for the entire family, with deluxe furnishings from the four-poster bed to the four-bed bunkroom, expressing a sense of elegance, fun, and comfort for all ages.

About Montage Residences Deer Valley
A total of eighty-one private residences sit atop the beautiful Montage Deer Valley, in the year-round community of Park City, Utah. This is the ideal “base camp” for homeowners who wish to enjoy an active outdoor lifestyle in North America's premier mountain resort destination. A dedicated residential concierge team is on-hand to assist with any household matter, from grocery stocking or housekeeping to travel plans or entertaining; a private owner's lounge provides a comfortable space to gather before or after the day's activities. Residence owners have access to the resort's extensive 24-hour services, amenities, and engaging all-season recreational programs that make the most of its location amidst thousands of acres of wooded forest, with ski-in, ski-out access to Deer Valley Resort. http://www.montageresidencesdeervalley.com

About Montage Hotels & Resorts
Montage Hotels & Resorts is a hotel and resort management company founded in 2002 by Alan Fuerstman. Designed to serve affluent travelers and homeowners, the company features an artistic collection of distinctive hotels, resorts and residences in stunning settings that offer comfortable elegance, a unique sense of place and spirit, impeccable hospitality and memorable culinary, spa and lifestyle experiences. Montage Laguna Beach, the company's flagship oceanfront resort, opened in the vibrant arts community of Laguna Beach, California, in 2003. Montage Beverly Hills, the company's second hotel, opened in Beverly Hills in 2008 and was the first Gold LEED certified hotel and residences in Southern California. The newest property is Montage Deer Valley® in Park City, Utah, that opened in December 2010 with true ski-in, ski-out access to Deer Valley, repeatedly named North American's #1 ski resort by the readers of Ski magazine. http://www.montagehotels.com

For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2012/11/prweb10090819.htm

 

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