NOT LISTED FOR SALE

Estimated Value: $5,654,831

7 Beds
8 Baths
7,712 Sq Ft
$733/Sq Ft Est. Value

Last Sold October 11, 2024

Current estimated payment $33,338/month

279 Days on Market

Highlights

  • Views of Ski Resort
  • Property fronts Roosevelt Channel
  • Fitness Center
  • South Summit High School Rated 9+
  • Steam Room
  • Heated Driveway

About This Home

As of October 2024

Impeccably designed and built for those looking for both modern amenities and access to world-class outdoor recreation, this estate has it all. Nestled in Promontory's coveted Elk Ridge Heights neighborhood, this magnificent 7,700 square foot home is the epitome of mountain luxury living in Park City with custom high end finishes like Ann Sacks tile, custom designed furniture, Artisan lighting from Hammerton & Hubbardant Forge and hand forged steel fireplaces. A 10-foot pivot door welcomes you into this purposeful yet majestic design that boasts 7 generously proportioned en-suite bedrooms. With beautiful Oak beams throughout, the main level has two primary suites with private fireplaces and steam showers in each, with an additional dedicated guest room and separate office. The open kitchen area is equipped with Wolf and SubZero appliances, a double oven, dishwasher and warming drawer. The butlers panty has a 150 bottle wine dual temperature fridge and two beverage drawers, with an additional 3rd oven, microwave and warming drawer. The six bathrooms and two half bathrooms are all equipped with radiant heat for a touch of added comfort and luxury. The lower level wet-bar invites family members to enjoy the secondary living room and game room and end the day with a moment in the dry sauna before retreating to any of the lower four bedrooms. The home features expansive upper and lower-level covered patios with breathtaking panoramic mountain vistas, ideal for outdoor entertainment or quiet relaxation. The impressive outdoor design showcases a hot tub with a spectacular fire pit feature, creating a private sanctuary where relaxation meets nature with ample landscaping. The property includes a spacious, oversized 3-car garage and a radiant heated driveway, eliminating winter maintenance worries. Full Membership is available outside of purchase price.

Last Listed By

Kelly Horn

BHHS Utah Promontory License #10313572-SA00 Listed on: 09/23/2024

BHHS Utah Promontory

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,510

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 1.59 Acre Lot
  • Property fronts a private road
  • Gated Home
  • Landscaped
  • Natural State Vegetation
  • Corner Lot

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Heated Driveway

Property Views

  • Ski Resort
  • Mountain

Home Design

  • Mountain Contemporary Architecture
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Stone Siding
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • 7,712 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • 4 Fireplaces
  • Gas Fireplace
  • Great Room
  • Family Room
  • Formal Dining Room
  • Home Office
  • Storage
  • Steam Room
  • Sauna

Kitchen

  • Double Oven
  • Gas Range
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Double Vanity

Laundry

  • Laundry Room
  • Washer

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Natural Gas Connected
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number Perh-1

Community Details

Overview

  • Association fees include com area taxes, insurance, ground maintenance, security, shuttle service
  • Private Membership Available
  • Association Phone (435) 333-4063
  • Visit Association Website
  • Elk Ridge Heights Subdivision

Amenities

  • Steam Room
  • Sauna
  • Shuttle
  • Clubhouse

Recreation

  • Golf Course Membership Available
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa
  • Trails
  • Property fronts Roosevelt Channel

Security

  • Building Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,510

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$400 per month

Parking

3

Listing Details

  • MainLevelTotalsBedroom: 1
  • MainLevelTotalsDiningRoom: 1
  • MainLevelTotalsFullBaths: 3
  • MainLevelTotalsGreatRoom: 1
  • MainLevelTotalsHalfBaths: 1
  • MainLevelTotalsStudyOfficeDen: 1
  • Prop. Type: Residential
  • Road Frontage Type: Gated, Private Road
  • Road Surface Type: Paved
  • Study/Office/Den: 2
  • Property Sub Type: Detached
  • Lot Size Acres: 1.59
  • Subdivision Name: Elk Ridge Heights
  • Architectural Style: Mountain Contemporary
  • New Construction: Yes
  • Year Built: 2024
  • ResoBuildingAreaSource: Plans
  • Contract Info:Short Sale: No
  • Contract Info:BankLender Owned: No
  • Property Info:Tax ID: Perh-1
  • Property Info:Apx Taxes: 16510.0
  • Property Info:Tax Year2: 2023
  • Property Description:Natural Vegetation: Yes
  • Views:Mountain(s): Yes
  • Utilities:Cable Available: Yes
  • Utilities:High Speed Internet Available: Yes
  • Utilities:Phone Available: Yes
  • Sewage:Public Sewer: Yes
  • Views:Ski Area: 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
  • Property Info:Construction New: Yes
  • Property Info:Construction Status: Complete
  • Property Info:Total Half Baths2: 2
  • Property Info:Total Fireplaces: 4
  • Property Info:Accessory Dwelling Unit YN: No
  • Size of HouseLot:Apx SqFt Finished: 7712.0
  • Size of HouseLot:Apx Acres2: 1.59
  • Style:Mountain Contemporary: Yes
  • Exterior:Stone: Yes
  • Foundation:Concrete Perimeter: Yes
  • Roof:Metal: Yes
  • Cooling:Central Air: Yes
  • Equipment:Water Heater - Gas: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Flooring:Tile: Yes
  • Flooring:Wood2: Yes
  • Dining Area:Semi-Formal Dining: Yes
  • Garage Type Attached: Yes
  • Room Totals:Family Room7: 1
  • Room Totals:Fireplace8: 4
  • Main Level Totals:Fireplace2: 3
  • Lower Level Totals:Family Room3: 1
  • Lower Level Totals:Full Baths3: 3
  • Lower Level Totals:Fireplace4: 1
  • Exterior:Wood Siding: Yes
  • Washers: Yes
  • Room Totals:Dining Room7: 1
  • Room Totals:Great Room7: 1
  • Lower Level Totals:Half Baths3: 1
  • Flooring:Vinyl: Yes
  • Lower Level Totals:StudyOfficeDen3: 1
  • Property Description:Corner Lot: Yes
  • Main Level Totals:Laundry2: 1
  • Room Totals:Laundry8: 3
  • Lower Level Totals:Laundry4: 2
  • Appliances Dryer: Yes
  • Ski Resort Access:Ski Club and Shuttle: Yes
  • Special Features: 4098

Interior Features

  • Appliances: Dishwasher, Disposal, Double Oven, Freezer, Gas Range, Microwave, Refrigerator, Washer, See Remarks
  • Flooring: Tile, Vinyl, Wood
  • Interior Amenities: Storage, Ceiling Fan(s), Ceiling(s) - 9 Ft Plus, Double Vanity, Kitchen Island, Lower Level Walkout, Main Level Master Bedroom, Open Floorplan, Pantry, Sauna, Spa/Hot Tub, Steam Room/Shower, Walk-In Closet(s), Wet Bar
  • Other Equipment: Appliances, Garage Door Opener, Water Heater - Gas
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Fireplace Features: Gas
  • Fireplaces: 4
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Ceiling(s) - 9 Ft Plus: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Lower Level Walkout: Yes
  • Interior Features:Main Level Master Bedroom: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Number of Fireplaces Gas: Yes
  • Appliances: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Appliances:Double Oven: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:See Remarks17: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Steam RoomShower: Yes
  • Interior Features:Sauna2: Yes
  • Interior Features:Storage2: Yes

Exterior Features

  • Exterior Features: Deck(s), Gas BBQ Stubbed, Heated Driveway, Landscaped - Fully, Patio(s), Porch, See Remarks
  • Roof: Metal
  • Lot Features: Corner Lot, Natural Vegetation
  • View: Mountain(s), Ski Area, See Remarks
  • Construction Type: Stone, Wood Siding
  • Foundation Details: Concrete Perimeter
  • Exterior Features:Deck(s): Yes
  • Exterior Features:Gas BBQ Stubbed: Yes
  • Exterior Features:Landscaped - Fully: Yes
  • Exterior Features:Patio(s): Yes
  • Exterior Features:Porch: Yes
  • Construction:Frame - Wood: Yes
  • Exterior Features:Heated Driveway: Yes
  • Exterior Features:See Remarks20: Yes
  • Exterior Features:SpaHot Tub2: Yes

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Oversized
  • Property Info:Parking Spaces Covered: 3
  • Equipment:Garage Door Opener: Yes
  • Garage Type:Oversized: Yes

Utilities

  • Cooling: Air Conditioning, Central Air
  • Heating: Forced Air, Natural Gas, Radiant
  • Utilities: Cable Available, Electricity Connected, High Speed Internet Available, Natural Gas Connected, Phone Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Air Conditioner: Yes
  • Heating:Radiant: Yes

Association/Amenities

  • MembershipAmenitiesGolfMembership: Available
  • MembershipAmenitiesMembershipAvailable: Yes
  • MembershipAmenitiesMembershipRemarks: Contact Listing Agent for more information
  • MembershipAmenitiesSocialLifestyleMembership: Available
  • AssociationOccupant:HOA Dues: Yes
  • AssociationOccupant:HOA Dues2: 1200.0
  • AssociationOccupant:HOA Dues Frequency: Quarterly
  • AssociationOccupant:HOA Contact: Devin Ovard
  • 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
  • AssociationOccupant:Currently Occupied: Call Listing Agent
  • Association Fees Included:Com Area Taxes: Yes
  • Association Fees Included:Insurance: Yes
  • Common Area Amenities:Pets Allowed wRestrictions: Yes
  • Common Area Amenities:Shuttle Service2: Yes
  • Common Area Amenities:Steam Room: Yes
  • Common Area Amenities:Tennis Courts: Yes
  • Association Fees Included:Maintenance Grounds: Yes
  • Association Fees Included:Security: Yes
  • Common Area Amenities:See Remarks30: Yes
  • Association Fees Included:Shuttle Service: Yes
  • Common Area Amenities:Sauna: Yes
  • Common Area Amenities:Security2: Yes
  • Common Area Amenities:SpaHot Tub: Yes

Condo/Co-op/Association

  • Amenities: Clubhouse, Fitness Room, Pets Allowed w/Restrictions, Pool, Sauna, Shuttle Service, Steam Room, Tennis Courts, Hot Tub
  • Association Fee: 1200.0
  • Association Fee Frequency: Quarterly
  • Phone: 435-333-4063
  • Association: Yes

Fee Information

  • Association Fee Includes: Com Area Taxes, Insurance, Maintenance Grounds, Security, Shuttle Service

Lot Info

  • Development Status: Construction Status
  • Lot Size Sq Ft: 69260.4
  • Parcel #: Perh-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 16510.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2024
Closed on
Oct 10, 2024
Sold by
Uriostegui John and Deny Sepaher 2008 Separate Property Trus
Bought by
John Uriostegui Jr Revocable Living Trust and Uriostegui
Seller's Agent
Kelly Horn
BHHS Utah Promontory
Buyer's Agent
Tyler Gurr
Gurr Real Estate Utah, LLC
List Price
$8,875,000
Sold Price
$8,290,000
Premium/Discount to List
-$585,000
-6.59%
Total Days on Market
279
Current Estimated Value
$5,654,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,635,169
Avg. Annual Appreciation
-38.95%
Original Mortgage
$4,790,000
Outstanding Balance
$4,781,060
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$1,601,071

Purchase Details

Listed on
Sep 23, 2024
Closed on
Oct 4, 2024
Sold by
John Uriostegui Jr Revocable Living Trus and Deny Sepaher 2008 Separate Property Trus
Bought by
Bulatao Brian and Box April
Seller's Agent
Kelly Horn
BHHS Utah Promontory
Buyer's Agent
Tyler Gurr
Gurr Real Estate Utah, LLC
List Price
$8,875,000
Sold Price
$8,290,000
Premium/Discount to List
-$585,000
-6.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,790,000
Outstanding Balance
$4,781,060
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$1,601,071

Purchase Details

Closed on
Apr 14, 2022
Sold by
2008 Separate Property Trust
Bought by
John Uriostegui Jr Revocable Living Trust and Deny Sepaher 2008 Separate Property Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
4.67%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 29, 2022
Sold by
2008 Separate Property Trust
Bought by
2008 Separate Property Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
4.67%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 9, 2021
Sold by
Uriostegui John
Bought by
Sepaher Deny and The 2008 Separate Property Tru

Purchase Details

Listed on
Feb 3, 2021
Closed on
Mar 1, 2021
Sold by
Promontory Development Llc
Bought by
Uriostegui John and Sepaher Deny
Seller's Agent
Kelly Horn
Summit Sotheby's Realty
Buyer's Agent
Stan Kozlowski
CooperWynn Real Estate
List Price
$700,000
Sold Price
$700,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
70.99%
Original Mortgage
$525,000
Interest Rate
2.7%
Mortgage Type
Commercial

Range of Values:

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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
John Uriostegui Jr Revocable Living Trust -- Summit Escrow & Title Insuranc
Bulatao Brian -- Summit Escrow & Title Insuranc
2008 Separate Property Trust -- Summit Escrow & Title Insuranc
Sepaher Deny -- Summit Escrow & Title
Uriostegui John -- Summit Escrow & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bulatao Brian $4,790,000
Previous Owner John Uriostegui Jr Revocable L $3,000,000
Previous Owner Uriostegui John $525,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2024 10/11/24 Sold -- -- --
09/23/2024 09/23/24 Pending -- -- --
09/13/2024 09/13/24 Off Market -- -- --
07/22/2024 07/22/24 Price Changed $8,290,000 -6.6% $1,075 / Sq Ft
06/27/2024 06/27/24 For Sale $8,875,000 0.0% $1,151 / Sq Ft
06/03/2024 06/03/24 Off Market -- -- --
12/18/2023 12/18/23 For Sale $8,875,000 +1167.9% $1,151 / Sq Ft
03/12/2021 03/12/21 Sold -- -- --
02/03/2021 02/03/21 Pending -- -- --
02/03/2021 02/03/21 For Sale $700,000 -- --
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 $16,510 $2,847,500 $1,947,500 $900,000
2022 $4,868 $729,500 $729,500 $0
2021 $5,573 $674,500 $674,500 $0
2020 $5,954 $674,500 $674,500 $0
2019 $6,444 $674,500 $674,500 $0
2018 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Park City Board of REALTORS®

MLS Number: 12304370

Park City Board of REALTORS®

APN: PERH-1