NOT LISTED FOR SALE

1860 Red Hawk Trail Park City, UT 84098

Estimated Value: $4,198,000 - $11,113,969

60 Acres
$124,971 Price per Acre
2,613,600 Sq Ft Lot

Last Sold June 30, 2020

Current estimated payment $43,164/month

147 Days on Market

Highlights

  • Lake Front
  • Views of Ski Resort
  • Barn
  • Trailside School Rated 10
  • Horse Facilities
  • Horse Property

About This Lot

As of June 2020

Enjoy 60 private acres of horse property within a gated community of estate lots. The Ranches at the Preserve offers solitude and privacy, while still having a central location to the Park City lifestyle and within the Park City school district. This parcel is one the most coveted locations in the neighborhood. Live in the newly renovated cottage while you build the home of your dreams. This lot has over a million dollars of improvements with utilities, well, water, electric, and cistern. Seller has preliminary plans from Upwall Design for a custom home to be built. Just 35 minutes to SLC international airport and 20 minutes the Main Street Park City.

Last Agent to Sell the Property

Paul Benson

Engel & Volkers Park City Brokerage Phone: 435-640-7441 License #5757781-SA00 Listed on: 01/13/2020

Engel & Volkers Park City

Last Buyer's Agent

Jamison Frost

BHHS Utah Properties - MST

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,022

Lot Details

  • 60 Acre Lot
  • Lake Front
  • River Front
  • Property fronts a private road
  • Creek or Stream
  • South Facing Home
  • Southern Exposure
  • Gated Home
  • Partially Fenced Property
  • Natural State Vegetation
  • Secluded Lot
  • Level Lot
  • Few Trees

HOA Fees

  • $350 Monthly HOA Fees

Property Views

  • River
  • Lake
  • Pond
  • Ski Resort
  • Golf Course
  • Woods
  • Trees
  • Creek or Stream
  • Mountain
  • Meadow

Farming

  • Barn

Horse Facilities and Amenities

  • Corral
  • Riding Trail

Utilities

  • Natural Gas Connected
  • Well
  • Well Permit on File
  • Septic Tank
  • High Speed Internet
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number Rrh-8

Community Details

Overview

  • Association fees include management fees, security, snow removal
  • Association Phone (435) 655-2942
  • Ranches At The Preserve Subdivision

Amenities

  • Common Area

Recreation

  • Horse Facilities
  • Horse Trails
  • Trails
  • Horse Property
  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$12,022

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Gated, Private Road
  • Road Surface Type: Paved
  • Property Sub Type: Residential
  • Lot Size Acres: 60.0
  • Subdivision Name: Ranches At the Preserve
  • Attribution Contact: 435-640-7441
  • Contract Info:Short Sale: No
  • Contract Info:BankLender Owned: No
  • Property Info:Tax ID: Rrh-8
  • Property Info:Apx Taxes: 12022.0
  • Property Info:Tax Year2: 2019
  • Property Info:Access: Year Round
  • Size of Lot:Apx Lot Size (SqFt)3: 2613600.0
  • Size of Lot:Apx Acres3: 60.0
  • Property Description:Gradual Slope: Yes
  • Property Description:Natural Vegetation: Yes
  • Property Description:Secluded: Yes
  • Views:Mountain(s): Yes
  • Utilities:High Speed Internet Available: Yes
  • Utilities:Phone Available: Yes
  • Recreation Access:HikeBike Trail - Adjoining Property: Yes
  • Property Description:Adjacent Common Area Land: Yes
  • Property Description:South Facing: Yes
  • Views:Lake: Yes
  • Views:Meadow: Yes
  • Views:Ski Area: Yes
  • Water:Public2: Yes
  • Road Frontage Type:Gated: Yes
  • Road Frontage Type:Private Road: Yes
  • Views:Golf Course: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Views:TreesWoods: Yes
  • Views:River: Yes
  • Property Description:Level: Yes
  • Fencing:Partial: Yes
  • Property Description:Horse Property: Yes
  • Sewage:Septic Tank2: Yes
  • Recreation Access:Horse Trail: Yes
  • Recreation Access:CreekRiver Front: Yes
  • Views:Pond2: Yes
  • Recreation Access:Lake Front: Yes
  • Other Structures:Barn(s): Yes
  • Other Structures:Corral(s): Yes
  • Other Structures:Horse Facilities: Yes
  • Property Description:Few Trees: Yes
  • Views:CreekStream2: Yes
  • Other Structures:Shed(s)2: Yes
  • Water:Well Permit: Yes
  • Special Features: VirtualTour

Exterior Features

  • Fencing: Partial
  • Other Structures: Barn(s), Corral(s), Horse Facilities, Creek/Stream, Storage
  • Lot Features: Few Trees, Adjacent Common Area Land, Gradual Slope, Horse Property, Level, Natural Vegetation, Secluded, South Facing, Golf Course Hole # (See Remarks)
  • View: Trees/Woods, Golf Course, Lake, Meadow, Mountain(s), Pond, River, Ski Area

Utilities

  • Cooling: None
  • Utilities: Electricity Connected, High Speed Internet Available, Natural Gas Connected, Phone Available
  • Cooling Y N: No
  • Sewer: Septic Tank
  • Water Source: Public, Well, Well Permit
  • Water Well: Yes

Condo/Co-op/Association

  • Amenities: See Remarks, Other
  • Association Fee: 4200.0
  • Association Fee Frequency: Annually
  • Phone: 435-655-2942
  • Association: Yes

Association/Amenities

  • AssociationOccupant:HOA Dues: Yes
  • AssociationOccupant:HOA Dues2: 4200.0
  • AssociationOccupant:HOA Dues Frequency: Annually
  • AssociationOccupant:HOA Contact: Patty Winterer
  • AssociationOccupant:HOA Contact Phone: 435-655-2942
  • Association Fees Include:Snow Removal2: Yes
  • Association Fees Include:Com Area Taxes2: Yes
  • Association Fees Include:Insurance2: Yes
  • Association Fees Include:Maintenance Grounds2: Yes
  • Association Fees Include:ReserveContingency Fund2: Yes
  • Association Fees Include:Management Fees2: Yes
  • Association Fees Include:Maintenance Exterior2: Yes
  • Common Area Amenities:Other6: Yes
  • Common Area Amenities:See Remarks39: Yes
  • Association Fees Include:Security3: Yes
  • Ranch Amenities:Pond: Yes
  • Ranch Amenities:Lake2: Yes
  • Ranch Amenities:CreekStream Seasonal: Yes

Fee Information

  • Association Fee Includes: Management Fees, Security, Snow Removal

Lot Info

  • Horse Amenities: Riding Trail
  • Lot Size Sq Ft: 2613600.0
  • Parcel #: Rrh-8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 12022.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2020
Closed on
Jun 29, 2020
Sold by
Lx Acres Llc
Bought by
Morandi David J and Morandi G B
Seller's Agent
Paul Benson
Engel & Volkers Park City
Buyer's Agent
Jamison Frost
BHHS Utah Properties - MST
List Price
$2,900,000
Current Estimated Value
$7,498,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.89%

Purchase Details

Closed on
Sep 21, 2016
Sold by
Oak Creek Groves Llc
Bought by
Lx Acres Llc

Purchase Details

Closed on
Nov 25, 2013
Sold by
Oak Creek Grove Llc
Bought by
Oak Creek Groves Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 28, 2005
Sold by
Farallom Limited Lc
Bought by
Oak Creek Grove Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Morandi David J -- First American Title Ins Co
Morandi David J -- First American Title Ins Co
Lx Acres Llc -- First American Title Insuran
Oak Creek Groves Llc -- First American Title
Oak Creek Grove Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morandi David J $2,160,000
Previous Owner Lx Acres Llc $2,859,046
Previous Owner Oak Crek Grives Llc $250,000
Previous Owner Oak Creek Groves Llc $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2020 06/30/20 Sold -- -- --
06/09/2020 06/09/20 Pending -- -- --
01/13/2020 01/13/20 For Sale $2,900,000 -- --
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
2024 $27,295 $6,753,869 $1,652,415 $5,101,454
2023 $27,295 $4,939,336 $1,652,389 $3,286,947
2022 $20,514 $3,233,952 $1,652,389 $1,581,563
2021 $17,021 $2,342,877 $1,039,827 $1,303,050
2020 $12,349 $1,599,913 $891,889 $708,024
2019 $12,023 $1,535,056 $891,889 $643,167
2018 $12,324 $1,535,082 $891,915 $643,167
2017 $11,409 $1,535,108 $891,941 $643,167
2016 $12,220 $1,535,108 $891,941 $643,167
2015 $8,589 $1,043,832 $0 $0
2013 $9,063 $1,043,832 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Paul Benson

    Seller's Agent in 2020

    Paul Benson

    Engel & Volkers Park City

    (435) 640-7441

    16 in this area

    118 Total Sales

    Paul Benson
    Section Image

  • J

    Buyer's Agent in 2020

    Jamison Frost

    BHHS Utah Properties - MST

  • V

    Buyer Co-Listing Agent in 2020

    Valen Lindner

    KW Park City Keller Williams Real Estate

See All Agents

Map

Source: Park City Board of REALTORS®

MLS Number: 12000100

Park City Board of REALTORS®

APN: RRH-8

Utah Summit County Park City 84098

1860 Red Hawk Trail, Park City, UT

This home is located at 1860 Red Hawk Trail, Park City, UT 84098 since 13 January 2020 and is currently estimated at $7,498,242. 1860 Red Hawk Trail is a home located in Summit County with nearby schools including Trailside School, Ecker Hill Middle School, and Treasure Mountain Junior High School.

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