K
Seller's Agent in 2024
Kevin Crockett
Coldwell Banker Realty (Park City-NewPark)
(435) 640-3412
9 in this area
110 Total Sales
Last list price
532 Westwood Rd Park City, UT 84098
8
Beds
9
Baths
6,638
Sq Ft
9.3
Acres
Highlights
- Views of Ski Resort
- Horse Facilities
- Horse Property
- Trailside School Rated 10
- Barn
- Arena
About This Home
As of December 2024Nestled in the heart of Silver Creek, this extraordinary equestrian estate offers a secluded retreat just 15 minutes from Park City's vibrant life. With breathtaking views of Park City Mountain Resort, Canyons Resort, Deer Valley, and the Utah Olympic Park, you'll feel immersed in your own mountain escape while being minutes away from the hustle and bustle. The main residence, a 5,038 sq ft mountain contemporary masterpiece, features 5 bedrooms and 6 bathrooms, with rustic reclaimed wood accents and expansive windows framing the stunning vistas. A gourmet kitchen, oversized 3-car garage, and sprawling outdoor patio make entertaining a delight. At the core of the estate lies a 14,000 sq ft sports arena, fully heated and insulated, boasting an indoor soccer field and a Bluetooth sound system. But the arena offers more than just sports. Adjacent to the indoor field is a spacious 1,600 sq ft guest apartment with 3 bedrooms and 3 bathrooms, providing comfortable accommodations for guests or additional living space. Moreover, there's a large unfinished area, offering the flexibility for storage, conversion into more living quarters, lockers, a sauna, or even a home office. Equestrian enthusiasts will appreciate the 2,700 sq ft barn with 4 stables and ample storage, along with a brand new, fully insulated 9,000 sq ft heated barn, perfect for a car barn or workshop. Such a unique estate cannot be replicated under current Summit County regulations, which now restrict properties to a main home and two additional outbuildings. With nearly 10 acres of flat land, this property offers endless customization possibilities. Don't miss the chance to own this unparalleled estate, a true gem in Silver Creek, where luxury living meets mountain tranquility.
Last Agent to Sell the Property
Coldwell Banker Realty (Park City-NewPark) License #5504649-SA00 Listed on: 09/17/2024
Last Buyer's Agent
Non Member Licensee
Non Member
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $26,347
Year Built
- Built in 1992 | Remodeled in 2017
Lot Details
- 9.3 Acre Lot
- South Facing Home
- Southern Exposure
- Property is Fully Fenced
- Landscaped
- Natural State Vegetation
- Level Lot
- Partial Sprinkler System
Parking
- 3 Car Attached Garage
- Garage Door Opener
- RV Garage
Property Views
- Ski Resort
- Mountain
Home Design
- Mountain Contemporary Architecture
- Wood Frame Construction
- Shingle Roof
- Metal Roof
- Wood Siding
- Stone Siding
- Concrete Perimeter Foundation
- Stone
Interior Spaces
- 6,638 Sq Ft Home
- Wet Bar
- Central Vacuum
- Vaulted Ceiling
- 2 Fireplaces
- Wood Burning Fireplace
- Gas Fireplace
- Family Room
- Formal Dining Room
- Home Office
- Storage
Kitchen
- Eat-In Kitchen
- Double Oven
- Gas Range
- Microwave
- Dishwasher
- Kitchen Island
- Granite Countertops
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- Primary Bedroom on Main
- Double Vanity
Laundry
- Laundry Room
- Washer
Home Security
- Home Security System
- Fire and Smoke Detector
Outdoor Features
- Spa
- Horse Property
- Deck
- Patio
- Outdoor Storage
Additional Homes
- 1,600 SF Accessory Dwelling Unit
- Accessory Dwelling Unit (ADU)
- ADU includes 3 Bedrooms and 3 Bathrooms
- Guest House Includes Kitchen
Utilities
- Air Conditioning
- Forced Air Zoned Heating System
- Programmable Thermostat
- Natural Gas Connected
- Well
- Gas Water Heater
- Water Softener is Owned
- Septic Tank
- High Speed Internet
- Multiple Phone Lines
- Phone Available
- Cable TV Available
Additional Features
- Barn
- Arena
Listing and Financial Details
- Assessor Parcel Number Sl-B-124
Community Details
Overview
- No Home Owners Association
- Silver Creek Subdivision
Recreation
- Horse Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 17, 2024
Closed on
Dec 5, 2024
Sold by
Lana Rose Ranch Llc
Bought by
Prime Retreat Llc
Seller's Agent
Kevin Crockett
Coldwell Banker Realty (Park City-NewPark)
Buyer's Agent
Non Member Licensee
Non Member
List Price
$7,850,000
Views
15
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-26.52%
Original Mortgage
$5,075,000
Outstanding Balance
$5,061,971
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$835,717
Purchase Details
Listed on
Sep 4, 2020
Closed on
Nov 19, 2020
Sold by
Gilmour Elizabeth A and Gilmour Matthew
Bought by
Lana Rose Ranch Llc
Seller's Agent
Drew Via
KW Park City Keller Williams Real Estate
Buyer's Agent
Scott Larson
Summit Sotheby's International Realty (625 Main)
List Price
$4,900,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.16%
Original Mortgage
$3,000,000
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving
Purchase Details
Listed on
Oct 12, 2017
Closed on
Dec 28, 2017
Sold by
Schaede David M and Schaede Chathleen F
Bought by
Gilmour Elizabeth A and Gilmour Matthew
Seller's Agent
David Dowie
Summit Sotheby's International Realty
Buyer's Agent
Cindy Wallace
KW Park City Keller Williams Real Estate
List Price
$2,695,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.13%
Original Mortgage
$1,350,000
Interest Rate
3.92%
Mortgage Type
New Conventional
Purchase Details
Listed on
Nov 19, 2013
Closed on
Oct 2, 2014
Sold by
Cain William R and Cain Julia S
Bought by
Schaede David M and Schaede Cathleen F
Seller's Agent
Michael Hatz
RE/MAX Associates - Park City
Buyer's Agent
David Dowie
Summit Sotheby's International Realty
List Price
$925,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.82%
Original Mortgage
$600,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Us Title | |
| Warranty Deed | -- | Us Title Insurance Agency | |
| Warranty Deed | -- | First American | |
| Warranty Deed | -- | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $5,075,000 | New Conventional | |
| Previous Owner | $3,000,000 | Credit Line Revolving | |
| Previous Owner | $2,736,000 | Construction | |
| Previous Owner | $1,350,000 | New Conventional | |
| Previous Owner | $70,000 | Unknown | |
| Previous Owner | $1,200,000 | Construction | |
| Previous Owner | $207,000 | Credit Line Revolving | |
| Previous Owner | $90,300 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $600,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $684,820 | FHA | |
| Previous Owner | $677,109 | FHA | |
| Previous Owner | $535,921 | Unknown | |
| Previous Owner | $448,919 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/06/2024 12/06/24 | Sold | -- | -- | -- |
| 11/26/2024 11/26/24 | Pending | -- | -- | -- |
| 09/17/2024 09/17/24 | For Sale | $7,850,000 | 0.0% | $1,183 / Sq Ft |
| 09/13/2024 09/13/24 | Pending | -- | -- | -- |
| 08/20/2024 08/20/24 | Price Changed | $7,850,000 | -1.3% | $1,183 / Sq Ft |
| 06/07/2024 06/07/24 | Price Changed | $7,950,000 | -3.0% | $1,198 / Sq Ft |
| 05/31/2024 05/31/24 | For Sale | $8,200,000 | +67.3% | $1,235 / Sq Ft |
| 11/19/2020 11/19/20 | Sold | -- | -- | -- |
| 09/20/2020 09/20/20 | Pending | -- | -- | -- |
| 09/04/2020 09/04/20 | For Sale | $4,900,000 | +81.8% | $973 / Sq Ft |
| 01/08/2018 01/08/18 | Sold | -- | -- | -- |
| 11/21/2017 11/21/17 | Pending | -- | -- | -- |
| 10/12/2017 10/12/17 | For Sale | $2,695,000 | +191.4% | $535 / Sq Ft |
| 10/03/2014 10/03/14 | Sold | -- | -- | -- |
| 08/19/2014 08/19/14 | Pending | -- | -- | -- |
| 11/20/2013 11/20/13 | For Sale | $925,000 | -- | $374 / Sq Ft |
Source: Park City Board of REALTORS®
Tax History Compared to Growth
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 | $26,348 | $4,237,984 | $523,500 | $3,714,484 |
| 2022 | $25,705 | $3,667,970 | $523,500 | $3,144,470 |
| 2021 | $36,435 | $4,442,269 | $689,550 | $3,752,719 |
| 2020 | $17,274 | $1,956,468 | $429,675 | $1,526,793 |
| 2019 | $10,844 | $1,206,468 | $429,675 | $776,793 |
| 2018 | $7,177 | $798,544 | $285,300 | $513,244 |
| 2017 | $6,724 | $798,544 | $285,300 | $513,244 |
| 2016 | $4,019 | $440,869 | $285,300 | $155,569 |
| 2015 | $4,185 | $428,242 | $0 | $0 |
| 2013 | $4,212 | $409,122 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
B
Seller Co-Listing Agent in 2024
Bobbi Jo Wilkerson
Coldwell Banker Realty (Park City-NewPark)
(435) 602-4800
1 in this area
54 Total Sales
-
N
Buyer's Agent in 2024
Non Member Licensee
Non Member
-
Seller's Agent in 2020
Drew Via
KW Park City Keller Williams Real Estate
(435) 649-6659
25 in this area
249 Total Sales
-
A
Seller Co-Listing Agent in 2020
Annett Blankenship
KW Park City Keller Williams Real Estate
(435) 602-9976
11 in this area
126 Total Sales
-
S
Buyer's Agent in 2020
Scott Larson
Summit Sotheby's International Realty (625 Main)
Map
Source: Park City Board of REALTORS®
MLS Number: 12402075
APN: SL-B-124
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