Thursday, December 10, 2009

Deer Valley/Empire Pass Auction--Silver Strike Lodge

Big news in Park City real estate today: I received notice that eight condominiums at Silver Strike Lodge in Empire Pass are going to be auctioned off at steeply discounted prices. The auction will take place Sunday, January 17th and pre-registration is required. Please contact me to get registered for the auction and for additional details. Don't let this spectacular opportunity slip away!

Eight homes priced over a million dollars at Ironwood Resort Development's Silver Strike Lodge at Empire Pass, a ski-in/ski-out condominium in the heart of Deer Valley Ski Resort, North America's #1 ranked ski resort, will be auctioned off in January. Minimum bids will start at $1.150 million, up to 55 percent off last asking prices, which were as high as $3.295 million.

The real estate event will take place on Sunday, Jan. 17 at 5 p.m., at the Stein Eriksen Lodge in Park City, just a few days before the start of the 2010 annual Sundance Film Festival.

"When we first launched Silver Strike Lodge at Empire Pass in 2006, we sold nearly half of the building at the grand opening," said Matt Mullin, principal of Ironwood Resort Development, the developer. "Our company has always started a project by listening to our clients' needs and by building what they want and not by what we think they want. While we may be in a different market than when the project was unveiled, this same philosophy will still drive our decisions. With this auction, we will be accepting what our buyers determine homes at Silver Strike Lodge at Empire Pass are worth in today's market."

Advanced registration for the event is required (see below for registration information) and model residences will be open daily from 10am to 6pm through Jan. 16.

Residents of Silver Strike Lodge at Empire Pass enjoy a host of fine amenities, including a two-story lobby with fireplace and hearth seating; owner's lounge with fireplace and serving bar; fitness room; ski locker room; sport storage lockers; heated, outdoor plaza with spa pools and warming fire pit; and a full-time concierge, lodge manager and complimentary car service.

For all winning bids, the developer will also cover a $100,000 membership activation fee to the exclusive Talisker Club, designed by Robert A.M. Stern and named Robb Report's#1 "Best of the Best: Mountain Resort Community" and ranked #8 on Travel + Leisure Golf's "America's Top 100 Golf Communities" list. Membership provides access to world-class skiing, golf and all other outdoor activities on the club's +10,000-acre property. Members also gain access to the club's mountain restaurant and clubhouses, with elegant dining lodge, spa and fitness services.

To all who wish to register for the auction….contact me at KarinGage@Gmail.com or call 435-901-0049. I will send you the additional information and registration package. There are 15 presently sold and 19 developer units, with 8 to be sold at auction. The auction condominiums will start at $650 a square foot, approximately half the price of a Silver Strike condominium.