Description
The untimely death of the developer of this incredible 5BR home with panoramic Timpanogos mountain and Jordanelle reservoir views, just minutes from the Deer Valley Gondola, is forcing the Estate to sell this Deer Vista property. This thoughtfully designed 6765 sq. ft home design includes a separate entrance living/game area under the garage of 1,009 sq. ft, an office, a bunk room for the kids and grandkids, an indoor/outdoor bar, a fire pit and hot tub,over2,200 additional sq. ft of outdoor living space, a three car garage and muchmoreonthis wooded lotacrossthe street from the community park. The homesite is valued at $1.4M, construction costs to date are $1M (framing completion is expected in March) for which a buyer is only paying $1.95M. There is approximately $2M in additional construction costs to complete the home. The construction team, which has built many homes in Park City and Deer Vista, and was featured in the Park City Builder Showcase of Homes, will open the books and show the buyer all of the expenses to date, which is rightonbudget, and all the costs remaining. The buyer could also use any other construction company if they so desire. Favorable construction loan terms may also be available. A buyer can customize the finishes of their new home and save $1M+overthe Seller's normal final price by closingonthe property now and allowing the Estate to be finalized quickly.
-
5BEDS
-
1.05ACRES
-
5BATHS
-
21/2 BATHS
-
6,765SQFT
-
$288$/SQFT
School Information
Description
The untimely death of the developer of this incredible 5BR home with panoramic Timpanogos mountain and Jordanelle reservoir views, just minutes from the Deer Valley Gondola, is forcing the Estate to sell this Deer Vista property. This thoughtfully designed 6765 sq. ft home design includes a separate entrance living/game area under the garage of 1,009 sq. ft, an office, a bunk room for the kids and grandkids, an indoor/outdoor bar, a fire pit and hot tub,over2,200 additional sq. ft of outdoor living space, a three car garage and muchmoreonthis wooded lotacrossthe street from the community park. The homesite is valued at $1.4M, construction costs to date are $1M (framing completion is expected in March) for which a buyer is only paying $1.95M. There is approximately $2M in additional construction costs to complete the home. The construction team, which has built many homes in Park City and Deer Vista, and was featured in the Park City Builder Showcase of Homes, will open the books and show the buyer all of the expenses to date, which is rightonbudget, and all the costs remaining. The buyer could also use any other construction company if they so desire. Favorable construction loan terms may also be available. A buyer can customize the finishes of their new home and save $1M+overthe Seller's normal final price by closingonthe property now and allowing the Estate to be finalized quickly.
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2023-03-21T19:38:12.793. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.