Both developments are few things in common:
- Both are Green builds ... that means less environmental impact as well as lower utilities
- Both are by the same developer (GCD) and are one of the few active new developments in the Park City area.
- Reasonable pricing for new construction
- Both are on the outskirts of Park City, which might impact their rental income potential (ski vacationers tend to want to be closer to the slopes). But, also means less tourist traffic impact.
- Need to drive to slopes
- Need to drive to shopping and picking up groceries
You can see all the current properties for sale in both these communities and those around the Jordanelle at: http://www.parkcitysold.com/fine/real/estate/newsearch/lndgn
Let me know if you have questions ... and, also ask about help with your closing costs
Equity Real Estate Luxury Group
Parks Edge and The Rustler are GCD developments--one of the few builders who has and is coming through the recession standing with both feet on the ground. Do your homework before purchasing in a new community, check the things you don't see on the outside. We spend an average of $35,000 more per unit to "build green" which no one has bothered to define. How does a 38% savings in energy costs sound? How do $180.00 per month HOA's sound in comparison to the exorbitant monthly fees necessary to maintain those "older units" closer to Main Street?
Lat week while holding my normal Sunday afternoon open house at Parks Edge, one of our buyers dropped in to say hello. "We are so happy we purchased here," she said. "We have run the air conditioner every day this summer, and our utility bill was $30.00 last month. Last winter, our gas and electric bill combined averaged around $70.00. per month." It takes a lot of nightly rental income--which is split with a property management company--to justify paying as much as twice or more for an older property of comparable size--and with less ammenities.
As agents, it is our responsiblity to provide all of the information in a fair and balanced manner, allowing our clients to purchase the property that best suits their needs. It is also our responsiblity to know all of the facts. Parks Edge does not look at the lumber yard, we do have views, and we are set so far back from the road, the highway noise is not an issue. We are located on a fifteen acre compound with a 2.5 acre open park, miles of hiking trails, picnic pavillions, and a pond. Our quality inside and out cannot be found anywhere in Summit or the immediate Wasatch County area. It is true we don't have bus service, but as the demand grows, like all tax-fed ammenities, this will come. Visit us at www. parksedgeparkcity
As far as our other project, The Rustler in Hideout Canyon, if you think we don't have views, let me refer you to our website: http://www.liveatrustler.com A picture is worth a thousand words. We sold twelve units in three months and currently have a waiting list. These units are GCD built green construction, luxury twin homes featuring main-level living. The floorplans and finishes are outstanding, and the views rival those of multi-million dollar homes anywhere in Deer Valley.
When purchasing a home in another area, interview your agent. Make certain they are unbiased and willing to show you everything--whether it takes an extra five minutes or not. It is your money, spend it wisely.
To learn more about Park City and the surrounding area, call or visit me on line.
The Retreat and Park's Edge are great communities. As other agents have mentioned, they are not in Park City proper, but they are within minutes to the resorts and restaurants. From either of those communities you can be on Main Street within about 7 minutes. You are close to Park City's historic Rail Trail for running, walking and biking and Quinn's Junction that has playing fields and the ice arena is super close too. For the price, you can't find a comparable unit in Park City - older and smaller, but not what you have out there.
In Park City, it is tough to find a newer property with a clubhouse and pool for such a great price.
As far as resale, Park City will always sell faster. Another thing these 2 communities are missing is Park City's free bus. Properties on the free bus are always in demand.
Please feel free to call me if you would like to discuss individual floorplans or locations available.
Equity Real Estate Luxury Group
It is a buyers market, be sure to look at all options in the areas that may suit your needs. If you need assistance with your research, please contact me.
Realtor Certified Negotiation Expert
435 714 0909
Area is expanding well just outside of PC above the Jordanelle and these will start selling even more when inventory in Park City starts to dwindle.
Let me know if I can help you take a look at either development.