NOT LISTED FOR SALE

5720 Dakota Trail Park City, UT 84098

Estimated Value: $1,961,000 - $5,539,000

1.05 Acres
$3,698,732 Price per Acre
45,738 Sq Ft Lot

Last Sold February 04, 2022

Current estimated payment $20,942/month

3 Days on Market

Highlights

  • Views of Ski Resort
  • Steam Room
  • Private Membership Available
  • South Summit High School Rated 9+
  • Fitness Center
  • Clubhouse

About This Lot

As of February 2022

This beautiful homesite in Promontory is over an acre, offering incredible views of Deer Valley and Park City Ski resorts. This lot is also relatively flat, making it an easy build site for your dream home anywhere from 3,500 – 8,000 square feet. This is in a prime location in Promontory close to the Equestrian Gate, with the quickest and easiest access to historic Main Street, Kimball Junction, or getting to the airport. Promontory is known for its incredible amenities, including golf courses, pools, 30 miles of trails, equestrian center, private ski lodges at Deer Valley and Park City Mountain resort, and a beach club at 7,000 feet.

Last Agent to Sell the Property

Brian Wilson

Engel & Volkers Park City License #5482107-AB00 Listed on: 01/10/2022

Last Buyer's Agent

BJ Christianson

Equity RE (Luxury Group)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,479

Lot Details

  • 1.05 Acre Lot
  • Property fronts a private road
  • Gated Home
  • Natural State Vegetation
  • Level Lot

HOA Fees

  • $300 Monthly HOA Fees

Property Views

  • Ski Resort
  • Mountain

Horse Facilities and Amenities

  • Riding Trail

Utilities

  • Natural Gas Connected
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number Palsds-2

Community Details

Overview

  • Private Membership Available
  • Association Phone (435) 333-4063
  • Visit Association Website
  • The Palisades Subdivision
  • Planned Unit Development

Amenities

  • Common Area
  • Steam Room
  • Sauna
  • Shuttle
  • Clubhouse
  • Elevator

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa
  • Horse Trails
  • Trails

Security

  • Building Security System

Property Details

Property Type

Land

Est. Annual Taxes

$2,479

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Gated, Private Road
  • Road Surface Type: Paved
  • Property Sub Type: Residential
  • Lot Size Acres: 1.05
  • Subdivision Name: The Palisades
  • Contract Info:Short Sale: No
  • Contract Info:BankLender Owned: No
  • Property Info:Tax ID: Palsds-2
  • Property Info:Apx Taxes: 2479.0
  • Property Info:Tax Year2: 2021
  • Property Info:Access: Year Round
  • Size of Lot:Apx Acres3: 1.05
  • Property Description:Natural Vegetation: Yes
  • Views:Mountain(s): Yes
  • Utilities:Cable Available: Yes
  • Utilities:High Speed Internet Available: Yes
  • Utilities:Phone Available: Yes
  • Sewage:Public Sewer: Yes
  • Recreation Access:HikeBike Trail - Adjoining Property: Yes
  • Property Description:Adjacent Common Area Land: Yes
  • Views:Ski Area: Yes
  • Water:Public2: Yes
  • Road Frontage Type:Gated: Yes
  • Road Frontage Type:Private Road: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Property Description:PUD - Planned Unit Development: Yes
  • Property Description:Level: Yes
  • Recreation Access:Horse Trail: Yes
  • Views:Other36: Yes
  • Special Features: None

Exterior Features

  • Other Structures: None
  • Lot Features: Adjacent Common Area Land, Level, Natural Vegetation, PUD - Planned Unit Development
  • View: Mountain(s), Ski Area, See Remarks, Other

Utilities

  • Cooling: None
  • Utilities: Cable Available, Electricity Connected, High Speed Internet Available, Natural Gas Connected, Phone Available, See Remarks, Other
  • Cooling Y N: No
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • MembershipAmenitiesMembershipAvailable: Yes
  • MembershipAmenitiesSocialLifestyleMembership: Available
  • AssociationOccupant:HOA Dues: Yes
  • AssociationOccupant:HOA Dues2: 900.0
  • AssociationOccupant:HOA Dues Frequency: Quarterly
  • AssociationOccupant:HOA Contact: Devin Orard
  • AssociationOccupant:HOA Contact Phone: 435-333-4063
  • AssociationOccupant:HOA Website: www.promontoryclub.com
  • Ranch Amenities:None26: Yes
  • Association Fees Include:See Remarks40: Yes
  • Common Area Amenities:Clubhouse: Yes
  • Common Area Amenities:Fitness Room: Yes
  • Common Area Amenities:Pool: Yes
  • Common Area Amenities:Tennis Court(s)2: Yes
  • Common Area Amenities:Fire Sprinklers2: Yes
  • Common Area Amenities:Pets Allowed wRestrictions: Yes
  • Common Area Amenities:Shuttle Service2: Yes
  • Common Area Amenities:Security System - Entrance: 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:Other40: Yes
  • Common Area Amenities:Sauna: Yes
  • Common Area Amenities:Steam Room2: Yes
  • Common Area Amenities:Other6: Yes
  • Common Area Amenities:See Remarks39: Yes
  • Common Area Amenities:Elevator(s): Yes
  • Common Area Amenities:SpaHot Tub: Yes

Condo/Co-op/Association

  • Amenities: See Remarks, Spa/Hot Tub, Elevator(s), Clubhouse, Fire Sprinklers, Fitness Room, Pets Allowed w/Restrictions, Pool, Sauna, Security System - Entrance, Shuttle Service, Other, Steam Room, Tennis Court(s)
  • Association Fee: 900.0
  • Association Fee Frequency: Quarterly
  • Phone: 435-333-4063
  • Association: Yes

Lot Info

  • Horse Amenities: Riding Trail
  • Lot Size Sq Ft: 45738.0
  • Parcel #: Palsds-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2479.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2024
Sold by
Gould Revocable Trust and Gould John Barrett
Bought by
Lower The Yardarm 26 Llc
Current Estimated Value
$3,883,669

Purchase Details

Closed on
Apr 21, 2023
Sold by
Lower The Yardarm 26 Llc
Bought by
Gould Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,340,000
Interest Rate
5.5%
Mortgage Type
Construction

Purchase Details

Listed on
Jan 10, 2022
Closed on
Feb 3, 2022
Sold by
Blue Ridge Utah Llc
Bought by
Lower The Yardarm 26 Llc
Seller's Agent
Brian Wilson
Engel & Volkers Park City
Buyer's Agent
BJ Christianson
Equity RE (Luxury Group)
List Price
$700,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.86%

Purchase Details

Closed on
Jan 1, 2019
Sold by
Burden Jeff and The Wasatch Trust
Bought by
Blue Ridge Utah Llc

Purchase Details

Listed on
Aug 7, 2017
Closed on
Nov 14, 2017
Sold by
Enriquez Carlos and Fals Jean
Bought by
Burden Jeff and The Wasatch Trust
Seller's Agent
Colleen Williams
Summit Sotheby's International Realty
Buyer's Agent
Non-Member Non-Members
Coldwell Banker Realty
List Price
$199,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.69%

Purchase Details

Closed on
Feb 6, 2015
Sold by
Dakota Holdings Llc
Bought by
Enriquez Carlos and Fals Jean

Purchase Details

Closed on
Dec 16, 2010
Sold by
Zions First National Bank
Bought by
Dakota Holdings Llc

Purchase Details

Closed on
Jan 15, 2010
Sold by
Curtis Anya
Bought by
Zions First National Bank

Purchase Details

Closed on
Mar 8, 2007
Sold by
Curtis Anya
Bought by
Ut Rentals 1

Purchase Details

Closed on
Oct 3, 2005
Sold by
Pivotal Promontory Cabins Llc
Bought by
Curtis Anya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.68%
Mortgage Type
New Conventional
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
Lower The Yardarm 26 Llc -- Summit Escrow & Title Insuranc
Gould Revocable Trust -- Mt Olympus Title
Lower The Yardarm 26 Llc -- Summit Escrow & Title Insuranc
Blue Ridge Utah Llc -- Accommodation
Burden Jeff -- First American Title Ins Co
Enriquez Carlos -- First American Title
Dakota Holdings Llc -- --
Zions First National Bank $126,071 --
Ut Rentals 1 -- First American Title Ins Age
Curtis Anya -- Summit Escrow And Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gould Revocable Trust $2,340,000
Previous Owner Curtis Anya $400,000
Closed Burden Jeff $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/04/2022 02/04/22 Sold -- -- --
01/14/2022 01/14/22 Pending -- -- --
01/10/2022 01/10/22 For Sale $700,000 +251.8% --
11/16/2017 11/16/17 Sold -- -- -- View Prior Sale
08/15/2017 08/15/17 Pending -- -- --
08/07/2017 08/07/17 For Sale $199,000 -- --
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 $3,769 $1,815,768 $870,100 $945,668
2023 $3,769 $650,100 $650,100 $0
2022 $3,604 $540,100 $540,100 $0
2021 $2,479 $300,100 $300,100 $0
2020 $2,649 $300,100 $300,100 $0
2019 $2,867 $300,100 $300,100 $0
2018 $2,294 $240,100 $240,100 $0
2017 $2,208 $240,100 $240,100 $0
2016 $2,361 $240,100 $240,100 $0
2015 $2,321 $230,100 $0 $0
2013 $1,027 $95,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Brian Wilson

    Engel & Volkers Park City

  • B

    Buyer's Agent in 2022

    BJ Christianson

    Equity RE (Luxury Group)

  • C

    Seller's Agent in 2017

    Colleen Williams

    Summit Sotheby's International Realty

    Section Image

  • N

    Buyer's Agent in 2017

    Non-Member Non-Members

    Coldwell Banker Realty

  • N

    Buyer's Agent in 2017

    Non Non-Member

    Non Member

  • N

    Buyer's Agent in 2017

    Non Member Licensee

    Non Member

See All Agents

Map

Source: Park City Board of REALTORS®

MLS Number: 12200062

Park City Board of REALTORS®

APN: PALSDS-2

Utah Summit County Park City 84098

5720 Dakota Trail, Park City, UT

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