An open house in the exclusive Deer Crest neighborhood in Park City, Utah for a 13,500-square-foot home was an event in itself, reports The New York Times. During the two-day event, which was catered to A-lister clientele in town for Sundance, $500 Verite wine flowed, a menu orchestrated by Manhattan's Kristalbelli chef David Shim was served, and party goers were urged to test-drive Rolls Royces and ski goggles with built-in cameras. A new Armani fragrance, Essenza, was publicized, and a $6,000 camera, the Lunar, was debuted.
The guests were entertained by a D.J. in the "Chill Room" and movie screenings like "Lawrence of Arabia," which was spun on an HD projector for the 14-seat home theater, which was provided by Sony. Sony was also there demonstrating a $25,000 84-inch TV.
That's the kind of open house you can expect for a $21.9 million home.
It's evident that high rollers are looking at Park City for residence. The six-bedroom, $21.9 million "Ski Dream House" is not alone. Recent listings include an eight-bedroom ranch for $16 million that was sold last week, and a 63-acre estate that's on the market for $44 million, the highest asking price ever in Utah.
According to Paul Benson, a broker with Sotheby's in Park City, high-end developers have their eyes on Park City, which means it's about to get more expensive. This might come as a surprise to anyone who remembers the days after the recession, when investors looking for a quick return were scared away.
Benson is renovating some of the city's upscale hotels into residences, like the old Imperial Hotel, which offers a four-bedrooom home for $4 million. And the hotels are attracting big spenders, too. The average rate of a room at the Sky Lodge hotel is $500 a night, a price that is more than $200 more than it was in 2011.
The "Ski Dream House," it should be noted, isn't a "dream house" by accident. It is the result of Resorts West organizing a committee of Ski magazine readers, local skiers, and the mayor of Park City to design the "ultimate ski home." The committee had skiers in mind when they planned every last detail of the estate, down to how the doors open, the D.J. booth, and a bar that has direct exposure to the ski slope. Because sometimes waiting to take off your ski boots for a stiff drink is really too much to ask.
And with all those bells and whistles, it'd be a dream house for any buyer. Even one who hates skiing.