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Luxury Real Estate Headlines: Fourth Week in August 2018

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles and home.

Springdale, Utah | $1,900,000 Summit Sotheby’s International Realty

“Zion Overlook Lot. This incredible lot in Springdale overlooks Zion Canyon and the private Parunaweep Valley. Enjoy a birds-eye view of the entire canyon as the light and clouds move across the red rock cliffs. Then, stargaze into the dark sky at night. This is the ultimate Zion view lot, with 360 degree views of Zion!”

6 Unique Homes in Pennsylvania – The Week

High-End Spec House on a Large Lot in Palo Alto – Mansion Global

Hockey Great Steve Duchesne Lists Stunning Home in Texas’ Elite Vaquero – Forbes

Beachfront Carmel Knockout Asks $7.49 Million – Curbed

7 Scenic Homes Along the Great Lakes – The Week

Homes that Sold for Around $1,000,000 – The New York Times

A Beautiful Sagaponack Farm Asking $12.5M Goes into Contract After Just Three Months – Curbed

In Vienna, the Inner City is the Home of Luxury – Mansion Global

The Secluded Island Hideaways Where America’s Rich and Famous Escape – Wall Street Journal

Amsterdam House Price Surge Stoked by Nationwide Shortage of Homes – Financial Times

The French Quarter Offers Sophistication and Charm in the Heart of New Orleans – Mansion Global

House Hunting in… Sweden – The New York Times

Poster from One of the Earliest Public Movie Screenings is Heading to Auction – Smithsonian Magazine

7 Backyard Pools to Soak Up the Summer Sun in Southern Utah!

If there’s one desirable feature most everyone desires in a lavish home—it’s a pool to call their own. Summer is upon us, which means backyard barbecues and dips in the pool. Some high-end homes offer a lot more in the backyard than a patch of grass and a kiddie pool. Here are 7 million-dollar properties for sale in Southern Utah with pools to soak up the sun with!

2548 N Chaco Trail #39 St. George, Utah 84770 United States
1747 S View Point Dr St. George, Utah 84790
275 Shinava Dr Ivins, Utah 84738
4683 N Petroglyph Dr, St. George, Utah 84770
98 Bridge Rd Rockville, Utah 84763
4584 N Painted Sky Dr St. George, Utah 84770
2048 Chettro Trail St. George, Utah 84770 United States

January 2018 Greater Park City Real Estate Market Video Update

 

January 2018 Greater Park City Real Estate Market Video Update

Summit Sotheby’s International Realty has released information about real estate markets in the Greater Park City area for the previous month. These market reports focus on units sold, median sales price, days on market and the inventory of homes for sale.

Greater Park City Area – Single Family Homes: Active inventory was down 23% from 2017 with 581 units on the market and down 20% from the previous month. The median listing price was $1,850,000. The average days on market was down 13% from 102 days in 2017 to 92 days in 2018. The median sales price was just under $800,000. The averages for units sold in the month of December increased 4% for units sold year over year and decreased 16% month over month with a total of 85 units sold.

Greater Park City Area – Condominiums: Active inventory was down 18% from 2017 with 414 units on the market and down 2% from the previous month. The median listing price was just over $850,000. The average days on market was up 40% from 77 days in 2017 to 108 days in 2018. The median sales price was just over $480,000. The averages for the month of December show a decrease of 28% for units sold year over year and held steady over the previous month with a total of 65 units sold.

To find out more about all our local real estate markets, watch our 60-second market videos at: www.summitsothebysrealty.com/market-update

Extraordinary Video of the Week: Stunning Ski-In/Ski-Out New Construction with Panoramic Views

$7,490,000 | Park City, Utah | Summit Sotheby’s International Realty

This stunning ski-in/ski-out masterpiece by acclaimed architect Michael Upwall is one of Deer Valley’s® most luxurious and elegant mountain contemporary homes, located in the private gated community of Deer Crest. This home is protected by open space below, creating the perfect combination of privacy and access with unobstructed views over the Jordanelle Reservoir, and located just walking distance to the five-star amenities of the St. Regis Deer Valley. The large open floor plan connects seamlessly to over 1,000 square feet of heated deck space to create a dramatic indoor outdoor living experience. LMK Design set the standard of contemporary living with glass railings on the floating staircase, floor-to-ceiling windows, and a glass elevator. Tremendous attention to detail was taken in designing the layout, flow and finishes for this mountain retreat.

November 2017 Salt Lake County Real Estate Market Video Update

November 2017 Salt Lake County Real Estate Market Video Update

Summit Sotheby’s International Realty has released information about real estate markets in Salt Lake County for the previous month. These market reports focus on units sold, median sales price, days on market and the inventory of homes for sale.

Salt Lake County – Single Family Homes: Active inventory was down 17% from 2016 with 2,345 units on the market and down 14% from the previous month. The median listing price was just over $414,000. The average days on market was up 10% from 30 days in 2016 to 33 days in 2017. The median sales price was $330,000. The averages for units sold in the month of October decreased 1% for units sold year over year and increased 1% month over month with a total of 1,102 units sold.

Salt Lake County – Condominiums: Active inventory was down 1% from 2016 with 669 units on the market and up 1% from the previous month. The median listing price was just over $268,000. The average days on market was up 6% from 31 days in 2016 to 33 days in 2017. The median sales price was just over $225,000. The averages for the month of October show an increase of 6% for units sold year over year a 0% change over the previous month with a total of 380 units sold.

To find out more about all our local real estate markets, watch our 60-second market videos at: www.summitsothebysrealty.com/market-update

Luxury Real Estate Headlines: First Week in November 2017

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles and home.


$585,000 USD | 9789 S Stone Cliff Drive | Sandy, Utah

“Main level features a comfortable, open concept living area, with mountain views and lots of natural light. Remodeled kitchen with massive island and new appliances, make this home move-in ready. Upper level accommodates master bedroom suite, with fantastic ski resort views, spacious bathroom, jetted tub and walk-in closet. Wet bar, bedrooms, and remodeled bath downstairs. Secluded patio and beautiful large yard are fully fenced. Walk to gym, pool and grocery store. Original owners and only 17 minutes to Snowbird parking lot!”

This Florence Estate Offers Million-Dollar Views of Il Duomo di Firenze – Robb Report

An Innovative Home on 67 Acres in a Temperate Canadian Spot – Mansion Global

Live the High Life: Six Mountain Homes – Financial Times

Own a $33 Million Israeli Villa Set on the Edge of the Mediterranean Sea – Robb Report

9 of the Most Famous Family Properties on the Market – Architectural Digest

Maya Lin’s First Apartment Design Selling for $11.5 Million – Mansion Global

Beat the Blues at this Waterfront Home on Mykonos – Robb Report

Jerry Perenchio’s Malibu Beach Cottage Sells for $1.3 Million Over the Asking Price – Los Angeles Times

C$36.2 Million Estate is North Vancouver’s Priciest Listing – Mansion Global

Glimpse the Atlantic Ocean from Almost Every Room in this Portugal Home – Robb Report

Recent Sales and Boldface Names – The New York Times

The Next Hot Summer Spot: A Ski Resort – Wall Street Journal

Green Goes Upscale: The Art of Upcycling – Sotheby’s

10 Ultimate Waterfront Homes We’re Coveting Now – Elle Decor

The BMW Z8 Steve Jobs Owned is Going Up for Sale – CNBC

Extraordinary Video of the Week: The Ultimate Ski-In/Ski-Out Estate

$18,950,000 | Park City, Utah | Summit Sotheby’s International Realty

69 White Pine Canyon is the premiere Park City property. Its location gives it the best ski access in Park City, with direct access to four of the resort’s best lifts: 9990 and Peak 5. Equipped with with 20 lockers to hold all that winter gear. This 14-bedroom home has space for everyone. The remarkably lit great room with its 30-foot windows, and the large living spaces sprawled throughout the home make it a perfect place for families to gather. This epic ski lodge has all the amenities you can think of and more. Take a dip in the spa, warm up in the sauna or steam shower, grab a bottle of wine from the cellar, and sit down to a movie in the theater. 69 White Pine Canyon is one of the most sought-after properties in Park City. You won’t want to miss it.

Extraordinary Video of the Week: Beautiful Inside and Out

$2,000,000 | Midway, Utah | Summit Sotheby’s International Realty

2525 River Meadows Drive, Midway, Utah
6 BD | 5.5 BA | 6,700 SF | MLS #1468251

A majestic mountain home that sits hillside in the coveted 39-acre homesite neighborhood of River Meadows Ranch. This “smart” home is set up like a resort. Custom floor plan was designed with enormous windows that have commanding views of the Provo River, Deer Creek Reservoir, Mt. Timpanogos, and the entire Heber Valley. There is also a huge multi-tiered home theater, a large workout room, a second full kitchen, and all bedrooms have ensuite bathrooms. Outside boasts eat-in granite countertop, barbecue station, rock fire pit, and oversized covered decks and patios. Perfect for any family as a primary residence or second home. Truly a trophy home that is easily one of the nicest homes in Wasatch County.

Summit Sotheby’s International Realty | Passion Points

Our double truck from last weekend’s Park Record.

“When comparing real estate brokerages, it can be easy to assume that all of us are the same. From community involvement and philanthropy, to a brand heritage dating back 273 years, Summit Sotheby’s International Realty is about redefining real estate – inspiring us to continually push boundaries, innovate and differentiate. For your consideration, we’ve identified the top 10 reasons why we’re different, items we call our “passion points”. These passion points, paired with our defining of luxury as an experience, not a price point, is exactly why Summit Sotheby’s International Realty is like no other.”

  1. Brand Recognition
  2. 273 Year Sotheby’s Brand Heritage
  3. Global Network & Affiliations
  4. Unrivaled Online Syndication
  5. Million Dollar Marketing
  6. Philanthropy
  7. International Media & Advertising
  8. Company Culture
  9. Proven Track Record
  10. Summit Sotheby’s International Realty Team