Park City, UT, with its famous Deer Valley Resort ski slopes and charming historic Old Town, has become much more than a vacation destination over the years. It is now also a place where many choose to transition their lives and become part of a small, vibrant mountain community. There is a wide assortment of real estate in this region, accommodating all categories when it comes to finances, desired location, and property type. With a past that dates back to 1869, Old Town is an especially appealing area to reside in.

    Some neighborhoods have been preserved to reflect the old days of a mining town, while others have been newly built or renovated, but in all the residents are found to have a deep devotion to enjoying a high quality of life. This is especially indicative of Park City’s Sky Lodge condominium development, located right on Old Town’s illustrious Main Street. This area’s a great place for an investment or permanent home. For more about the area & property values continue reading below!

    Property Values

    Buying fractional ownership of the Sky Lodge’s Park City real estate is an affordable way to invest in the area. Shares can be as low as $60,000 and go into the $200,000 range. These units even allow the potential for owners to make extra rental income, as the property’s homeowner association will help owners rent out the space during their allotted days if they unable to use it personally. This amounts to a great value for those who do not want to commit to permanent ownership.

    Type of Real Estate

    Park City’s Sky Lodge was constructed circa 2007, and provides residents with a 5-star living experience. This unique condo-hotel property has 22 units and 176 shares that make up its fractional ownership. The two bedroom layouts feature approximately 1,250 square feet, and the three bedrooms go up to 2,700. The property has concierge service, hot tubs, a rooftop bar, fitness center, valet parking, two restaurants, and a spa on the premises. Residential owners of the Sky Lodge receive two weeks during the ski season and another 21 days to be used throughout the rest of the year.

    Surrounding Area

    Situated in the middle of all the action on Main Street, there is no better location in Old Town than Sky Lodge. It’s convenient to hop on the city’s free transportation and head over to the resorts or to simply walk to any of the dining, shopping, and entertainment opportunities.

    There are not many too many places in the world that can provide its residents with the ideal mix of luxury and relaxed lifestyle that the Sky Lodge in Park City offers.  If you’re interested in capitalizing on some of this fantastic Park City, Utah real estate for sale, feel free to contact us today!

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