NOT LISTED FOR SALE

Estimated Value: $1,351,000 - $3,340,000

1.56 Acres
$1,204,190 Price per Acre
67,954 Sq Ft Lot

Last Sold August 16, 2021

Current estimated payment $11,701/month

Highlights

  • Fitness Center
  • Mountain View
  • Clubhouse
  • South Summit High School Rated 9+
  • Private Membership Available
  • Sauna

About This Lot

As of August 2021

GOLF MEMBERSHIP AVAILABLE. Situated in Promontory's, Elk Ridge Bluffs neighborhood, this uphill lot offers panoramic ski resort views & a large building envelope. Centrally located to many of the amenities that Promontory has to offer including all three golf courses & club houses, the pool, spa, gym, tennis, pickle ball, multiple restaurants, ice skating, kids cabin, the beach club, tubing hill, bocci ball, cross county skiing, soccer field, fishing pond, equestrian center and the Shed, which houses an indoor basketball court, bowling lanes, and a theater. Additional amenities include the alpine lodges at Deer Valley & Park City mountains.

Last Listed By

Will Ott

Summit Sotheby's Realty Listed on: 08/10/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,248

Lot Details

  • 1.56 Acre Lot
  • Property fronts a private road
  • Gated Home

HOA Fees

  • $300 Monthly HOA Fees

Utilities

  • Natural Gas Connected
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Mountain Views
  • Riding Trail

Listing and Financial Details

  • Assessor Parcel Number Perb-5

Community Details

Overview

Amenities

  • Sauna
  • Shuttle
  • Clubhouse
  • Elevator

Recreation

  • Golf Course Membership Available
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa
  • Horse Trails
  • Trails

Security

  • Building Security System

Property Details

Property Type

Land

Est. Annual Taxes

$11,248

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Gated, Private Road
  • Road Surface Type: Paved
  • Property Sub Type: Residential
  • Lot Size Acres: 1.56
  • Subdivision Name: Elk Ridge Bluffs
  • Contract Info:Short Sale: No
  • Contract Info:BankLender Owned: No
  • Property Info:Tax ID: Perb-5
  • Property Info:Apx Taxes: 1.0
  • Property Info:Tax Year2: 2021
  • Property Info:Access: Year Round
  • Size of Lot:Apx Acres3: 1.56
  • Views:Mountain(s): Yes
  • Utilities:Cable Available: Yes
  • Utilities:High Speed Internet Available: Yes
  • Utilities:Phone Available: Yes
  • Sewage:Public Sewer: Yes
  • Water:Public2: Yes
  • Recreation Access:HikeBike Trail - Adjoining Project: Yes
  • Road Frontage Type:Gated: Yes
  • Road Frontage Type:Private Road: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Recreation Access:Horse Trail: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Other
  • View: Mountain(s)

Utilities

  • Utilities: Cable Available, Electricity Connected, High Speed Internet Available, Natural Gas Connected, Phone Available
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • MembershipAmenitiesGolfMembership: Available
  • MembershipAmenitiesMembershipAvailable: Yes
  • MembershipAmenitiesMembershipRemarks: See Remarks
  • MembershipAmenitiesSocialLifestyleMembership: Available
  • AssociationOccupant:HOA Dues: Yes
  • AssociationOccupant:HOA Dues2: 300.0
  • AssociationOccupant:HOA Dues Frequency: Monthly
  • AssociationOccupant:HOA Contact: Logan Finlayson
  • AssociationOccupant:HOA Contact Phone: 435-333-4063
  • AssociationOccupant:HOA Website: www.promontoryclub.com
  • Common Area Amenities:Clubhouse: Yes
  • Common Area Amenities:Fitness Room: Yes
  • Common Area Amenities:Pool: Yes
  • Common Area Amenities:Tennis Court(s)2: Yes
  • Common Area Amenities:Fire Sprinklers2: Yes
  • Common Area Amenities:Pets Allowed wRestrictions: Yes
  • Common Area Amenities:Shuttle Service2: Yes
  • Common Area Amenities:Security System - Entrance: Yes
  • Association Fees Include:Com Area Taxes2: Yes
  • Association Fees Include:Insurance2: Yes
  • Association Fees Include:Maintenance Grounds2: Yes
  • Common Area Amenities:Sauna: Yes
  • Common Area Amenities:Other6: Yes
  • Common Area Amenities:See Remarks39: Yes
  • Common Area Amenities:Elevator(s): Yes
  • Common Area Amenities:SpaHot Tub: Yes

Condo/Co-op/Association

  • Amenities: See Remarks, Spa/Hot Tub, Elevator(s), Clubhouse, Fire Sprinklers, Fitness Room, Pets Allowed w/Restrictions, Pool, Sauna, Security System - Entrance, Shuttle Service, Other, Tennis Court(s)
  • Association Fee: 300.0
  • Association Fee Frequency: Monthly
  • Phone: 435-333-4063
  • Association: Yes

Lot Info

  • Horse Amenities: Riding Trail
  • Lot Size Sq Ft: 67953.6
  • Parcel #: Perb-5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2021
Closed on
Aug 16, 2021
Sold by
Promontory Development Llc
Bought by
Saperstone Peter and Saperstone Nancy
Seller's Agent
Will Ott
Summit Sotheby's Realty
Buyer's Agent
William Ott
Red Ledges Realty LLC
List Price
$1,550,000
Sold Price
$1,550,000
Total Days on Market
0
Current Estimated Value
$1,878,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,537
Avg. Annual Appreciation
5.35%

Purchase Details

Closed on
Aug 17, 2020
Sold by
Promontory Development Llc
Bought by
Saperstone Peter and Saperstone Nancy

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Saperstone Peter -- Summit Escrow & Title Insuranc
Promontory Development Llc -- Summit Escrow & Title Insuranc
Saperstone Peter -- Summit Escrow & Title Insuranc
Promontory Development Llc -- Summit Escrow & Title Insuranc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2024 11/05/24 For Sale $1,395,000 0.0% --
10/24/2024 10/24/24 Pending -- -- --
07/26/2024 07/26/24 Price Changed $1,395,000 -10.0% --
05/17/2024 05/17/24 For Sale $1,550,000 0.0% --
08/16/2021 08/16/21 Sold -- -- --
08/10/2021 08/10/21 Pending -- -- --
08/10/2021 08/10/21 For Sale $1,550,000 -- --
Source: Park City Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $11,248 $1,940,000 $1,940,000 $0
2022 $7,607 $1,140,000 $1,140,000 $0
2021 $0 $0 $0 $0
Source: Public Records

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Source: Park City Board of REALTORS®

MLS Number: 12103245

Park City Board of REALTORS®

APN: PERB-5