Tag: Old Town

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Parking in Park City

So this weekend is one of the many summer activities that shut down Main Street in our mountain ski town of Park City, Utah. The Independence Day parade, the Tour of Utah bike race, the Arts Festival, the weekly Park Silly Market. It’s a good time for a refresher course on how to park in Park City but full disclosure: you’re better to just Uber/taxi/bus in for the 4th. TRUST ME.

1. FREE BUS
The Park City transit system is free. F R E E. Hop on, hop off, take 10 times a day, whatever. Free. (Big selling point for property by the way, “on the bus route” is more attractive than not.) You can just send your kids/spouse/friends/self out the door and off to whatever adventure you like. Case in point: this creeper shot I took of three youth fishing enthusiasts about to get on the bus. ACTUAL fishing poles, you guys, like how great is that. Do not tell me this isn’t Mayberry because I cannot be convinced.
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A STEAL in Old Town

***UPDATE: This house is gone, baby gone. Allegedly receiving 5 offers and has closed.***

Shopping for Old Town opportunities means looking for these things:

  1. Flat road
  2. Next to staircase
  3. Garage
  4. Non-historic
  5. Close to attractions (Main St., Park City Resort, etc.)
  6. Ready for a remodel
  7. Yard
  8. Good price

My friends, I have found a property that ticks 7 of the 8 boxes. This house at 501 Park Ave is ready for a new owner, and is a real opportunity.

It’s not my listing (listed by Coldwell Banker – Union Park), and we would absolutely want to verify that it actually has escaped the historically significant designation (because if it is historic then you will be very limited by what you can do). But this cutie is on the market at the moment for $950,000, next to the 5th St staircase, has a two-car garage, was heavily remodeled in the 1990s, and is on one of the easier parts of upper Park Ave. Being next to the staircase means you get the feeling of a giant Old Town lot but you don’t have to pay the tax bill or purchase price for it! Remodeled homes with that proximity in Old Town trade for over $2M.

Oh, and while I was filming this video another Old Town agent showed up WITH clients. So, as they say, THE TIME TO HESITATE IS THROUGH. Call me if you’re interested, this one won’t last long.

 

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Quick Location Video: Three Kings Condos

My Quick Location Video series addresses what I see to be a pretty common theme in real estate, rental, and tourism: the writer just assumes you know what the names are for all the areas and that you know what those names mean. I’m guilty of falling into that trap myself, so here is my attempt to absolve myself. These 1-2 minute videos will just give you a quick rundown of what you can find in the area and what some of the key features are.

Part of my Quick Location Video series, where I do a quick AND DRAMATIC rundown of the different areas of Park City, Utah. Today’s location is very specific, Three Kings condos in Old Town. Bordered by Park City Golf Course, Glenwood Cemetery and Park City Resort’s base area. Underground assigned parking. Clustered townhouses in a horseshoe configuration to take advantage of the ample open space. Here I walk through one of the condos currently for sale to give you a layout as well. (Please note, this is not my listing, but is listed by a colleague of mine at Summit Sotheby’s International Realty.)

 

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Coming to Market: 2-bd Town Lift

Very exciting news, people. There hasn’t been a Town Lift condo to hit the market in ages; the last one sold in December 2014. A beautiful, never-rented 2-bd is coming to market soon, and because of my spectacularrrr network, I was one of the first to know and by extension, now you know too.

It’s a top-floor, 2-bedroom condo, nicely remodeled, facing the quiet Park Ave side over Davanza’s Pizza with fantastic views of the ski slopes and Town Lift. Oh, and it comes with T W O ASSIGNED underground parking spaces. The joke here is that you’re buying Main Street parking and ski storage and you get a bonus condo with it. Town Lift at Park City Resort is just one building over, or you can walk through the connected underground garage. When it hits the open market it will likely be priced somewhere around $950,000-1,000,000. Let me know if you’d like to talk more about it or if you’d like to go see it.

Town Lift condos are at 693 Main St, Park City, UT 84060, and here is a map to show you just how close they are to Park City Resort’s Town Lift (*really* close).

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Development Update: 820 Park Ave (Rio Grande)

The old Rio Grande train depot parcel and the depot building itself have been a massive construction site for the last year as the developers ready the space for 10 new condos and a ski-in/ski-out plaza. The project is finally nearing completion, with rumors of a Certificate of Occupancy as early as the end of February, and the closing of all 10 units possibly as early as mid-March.

820 Park Ave - 2_11_16
Click to see this location on a map. Of course, 820 Park Ave is literally at 820 Park Ave, so if you know where Park Ave is you’re in good shape.

This is a fun time to look at the original renderings and see how close things are to the concept designs:

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(Courtesy of http://www.820ParkAve.com and Summit Sotheby’s International Realty)

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Quick Location Video: Lower Deer Valley/Old Town

My Quick Location Video series addresses what I see to be a pretty common theme in real estate, rental, and tourism: the writer just assumes you know what the names are for all the areas and that you know what those names mean. I’m guilty of falling into that trap myself, so here is my attempt to absolve myself. These 1-2 minute videos will just give you a quick rundown of what you can find in the area and what some of the key features are.

Part of my Quick Location Video series, where I do a quick rundown of the different areas of Park City, Utah. Today I am on Rossi Hill Drive, talking about the Old Town side of Lower Deer Valley. Even though properties in this area are on Deer Valley Drive and on the way up to Snow Park, they are categorized as Old Town. I filmed this a few weeks ago when we’d had a long patch of sunny and warm weather, so this storm—while welcomed at the resorts—caught everybody by surprise.

To browse real estate in Park City, Utah, as well as Sotheby’s International Realty offerings worldwide, click here: kristinawatkins.com.