$2,200,000
SOLD MAR 10, 2025
Last list price

505 W Deer Hill Rd Park City, UT 84098

13 Acres
$170,675 Price per Acre
561,488 Sq Ft Lot

Recently Sold

117 Days on Market

Highlights

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

About This Lot

As of March 2025

Discover the rare opportunity to own nearly 13 pristine acres of land in the prestigious gated community of The Preserve. Nestled in the heart of Park City, this exceptional property boasts flat and gently sloping topography, a sought-after feature in this exclusive enclave. Enjoy stunning views of the nearby ski resorts, making every day a picturesque retreat. Located just a short drive from the Deer Hill Road gate, this expansive lot is conveniently situated within the acclaimed Park City School District, ensuring top-tier education for your family. Imagine crafting your dream home with the potential for a grand 10,000 square foot main residence, a charming 2,500 square foot guest home, and a fully-equipped barn. The property is also entitled for up to four horses and includes space for a lush pasture, catering to your equestrian lifestyle. The seller is offering thoughtfully designed plans for a four-bedroom single-story home, a detached two-bedroom guest house, and a barn featuring four horse stalls with a tack room and hay loft. These plans can be seamlessly conveyed with the lot, simplifying your path to creating a personalized sanctuary. Beyond the property, relish the ease of access to Kimball Junction, just a 10-minute drive away, offering a variety of shopping, dining, and retail options. For golf enthusiasts, The Preserve provides proximity to Glenwild Golf Club & Spa, Utah's #1 rated golf course, with the option to join as a golf or social member. Embrace the tranquil lifestyle of The Preserve, where luxury meets nature amidst the breathtaking Wasatch Mountains. Surrounded by abundant wildlife and natural beauty, this is more than just a property—it's an invitation to a life of serenity and sophistication. Seize this rare chance to build your ideal retreat in one of Park City's most coveted communities. Your mountain dream awaits!

Last Agent to Sell the Property

Molly Campbell

Summit Sotheby's International Realty License #6732625-SA00 Listed on: 09/05/2024

Summit Sotheby's International Realty

Last Buyer's Agent

J. Stephen Jeffers

BHHS Utah Properties - SV License #10552323-SA00

BHHS Utah Properties - SV

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,663

Lot Details

  • 12.89 Acre Lot
  • Property fronts a private road
  • South Facing Home
  • Southern Exposure
  • Gated Home
  • Natural State Vegetation
  • Level Lot

HOA Fees

  • $588 Monthly HOA Fees

Property Views

  • Ski Resort
  • Mountain
  • Meadow
  • Valley

Farming

  • Barn
  • Horse Farm

Horse Facilities and Amenities

  • Corral
  • Riding Trail

Utilities

  • Natural Gas Connected
  • Private Water Source
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number Presrv-2-44

Community Details

Overview

  • Association fees include management fees, snow removal
  • Association Phone (435) 200-1036
  • Visit Association Website
  • The Preserve Subdivision

Recreation

  • Horse Facilities
  • Horse Trails
  • Trails
  • Horse Property

Property Details

Property Type

Land

Est. Annual Taxes

$8,663

Lot Details

0

HOA Fees

$588 per month

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Gated, Private Road
  • Road Surface Type: Paved
  • Property Sub Type: Residential
  • Lot Size Acres: 12.89
  • Subdivision Name: The Preserve
  • Contract Info:Short Sale: No
  • Contract Info:BankLender Owned: No
  • Property Info:Tax ID: Presrv-2-44
  • Property Info:Apx Taxes: 8663.0
  • Property Info:Tax Year2: 2023
  • Property Info:Access: Year Round
  • Size of Lot:Apx Lot Size (SqFt)3: 561488.0
  • Size of Lot:Apx Acres3: 12.89
  • Property Description:Gradual Slope: Yes
  • Property Description:Natural Vegetation: Yes
  • Views:Mountain(s): Yes
  • Utilities:Cable Available: Yes
  • Utilities:High Speed Internet Available: Yes
  • Utilities:Phone Available: Yes
  • Water:Private2: Yes
  • Property Description:South Facing: Yes
  • Views:Meadow: Yes
  • Views:Ski Area: Yes
  • Views:Valley: Yes
  • Recreation Access:HikeBike Trail - Adjoining Project: Yes
  • Road Frontage Type:Gated: Yes
  • Road Frontage Type:Private Road: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Property Description:Level: Yes
  • Property Description:Horse Property: Yes
  • Sewage:Septic Tank2: Yes
  • Recreation Access:Horse Trail: Yes
  • Livestock:Horses: Yes
  • Other Structures:Barn(s): Yes
  • Other Structures:Corral(s): Yes
  • Other Structures:Horse Facilities: Yes
  • Special Features: VirtualTour

Exterior Features

  • Other Structures: Barn(s), Corral(s), Horse Facilities, See Remarks
  • Lot Features: Gradual Slope, Horse Property, Level, Natural Vegetation, South Facing
  • View: Meadow, Mountain(s), Ski Area, Valley

Utilities

  • Cooling: None
  • Utilities: Cable Available, Electricity Connected, High Speed Internet Available, Natural Gas Connected, Phone Available
  • Cooling Y N: No
  • Sewer: Septic Tank
  • Water Source: Private

Association/Amenities

  • MembershipAmenitiesMembershipAvailable: No
  • AssociationOccupant:HOA Dues: Yes
  • AssociationOccupant:HOA Dues2: 7050.0
  • AssociationOccupant:HOA Dues Frequency: Annually
  • AssociationOccupant:HOA Contact: Park Pointe Mgmt
  • AssociationOccupant:HOA Contact Phone: 435-200-1036
  • AssociationOccupant:HOA Website: https://pcpreserve.com
  • Common Area Amenities:None4: Yes
  • Ranch Amenities:None26: Yes
  • Association Fees Include:Snow Removal2: Yes
  • Common Area Amenities:Pets Allowed wRestrictions: 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
  • Membership Amenities:Ski Club Membership: Not Available
  • Association Fees Include:Maintenance Exterior2: Yes
  • Common Area Amenities:See Remarks39: Yes

Condo/Co-op/Association

  • Amenities: See Remarks, Pets Allowed w/Restrictions, None
  • Association Fee: 7050.0
  • Association Fee Frequency: Annually
  • Phone: 435-200-1036
  • Association: Yes

Fee Information

  • Association Fee Includes: Management Fees, Snow Removal

Lot Info

  • Horse Amenities: Riding Trail
  • Lot Size Sq Ft: 561488.4
  • Parcel #: Presrv-2-44
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8663.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2024
Closed on
Mar 6, 2025
Sold by
Harwin Ranch Park City Utah Llc
Bought by
Ppc Holdings Llc
Seller's Agent
Molly Campbell
Summit Sotheby's International Realty
Buyer's Agent
J. Stephen Jeffers
BHHS Utah Properties - SV
List Price
$2,400,000
Sold Price
$2,200,000
Premium/Discount to List
-$200,000
-8.33%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.25%

Purchase Details

Listed on
Jul 3, 2019
Closed on
Sep 3, 2019
Sold by
Acquired Taste Living Llc
Bought by
Harwin Ranch Park City Utah Llc
Seller's Agent
Suzanne Pretorius
Summit Sotheby's - 1101 Park
Buyer's Agent
Ken Crosby
Prudential Utah RE - SV
List Price
$690,000
Sold Price
$605,000
Premium/Discount to List
-$85,000
-12.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.35%

Purchase Details

Closed on
Nov 3, 2017
Sold by
Richardson Rebecca R
Bought by
Acquires Taste Living Trust

Purchase Details

Closed on
Aug 17, 2005
Sold by
Richardson Tom
Bought by
Richardson Rebecca R and Rebecca R Richardson Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Metro National Title
Warranty Deed -- Metro National Title
Warranty Deed -- First American Park City
Warranty Deed -- Metro National Title
Quit Claim Deed -- Us Title
Warranty Deed -- Us Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,000,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 For Sale $2,495,000 +13.4% --
03/10/2025 03/10/25 Sold -- -- --
12/31/2024 12/31/24 Pending -- -- --
10/31/2024 10/31/24 Price Changed $2,200,000 -8.3% --
09/05/2024 09/05/24 For Sale $2,400,000 +247.8% --
09/04/2019 09/04/19 Sold -- -- --
08/28/2019 08/28/19 Pending -- -- --
01/08/2019 01/08/19 For Sale $690,000 -- --
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
2023 $8,664 $1,567,800 $1,567,800 $0
2022 $4,407 $705,800 $705,800 $0
2021 $4,343 $609,050 $609,050 $0
2020 $4,584 $609,050 $609,050 $0
2019 $5,497 $701,863 $701,863 $0
2018 $4,726 $603,425 $603,425 $0
2017 $4,370 $603,425 $603,425 $0
2016 $4,698 $603,425 $603,425 $0
2015 $3,319 $403,350 $0 $0
2013 $4,587 $528,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Park City Board of REALTORS®

MLS Number: 12403706

Park City Board of REALTORS®

APN: PRESRV-2-44