NOT LISTED FOR SALE

7198 N Promontory Ranch Rd Park City, UT 84098

Estimated Value: $1,439,000 - $1,844,000

1.79 Acres
$952,514 Price per Acre
77,972 Sq Ft Lot

Last Sold July 07, 2022

Current estimated payment $10,296/month

209 Days on Market

Highlights

  • Steam Room
  • Fitness Center
  • Mountain View
  • South Summit High School Rated 9+
  • 1.79 Acre Lot
  • Private Membership Available

About This Lot

As of July 2022

Promontory Development is excited to announce the release of Elk Ridge Bluffs, its newest custom homesite neighborhood with great views of the Wasatch Range. Elk Ridge Bluffs features 21 big view custom homesites, averaging over 2 acres in size. These beautiful homesites, which are among the last custom homesites to be released by the developer in the Dye Course area, are centrally located within Promontory and close to Promontory Beach House, Saddle Lake Park, and the tubing hill.

Last Agent to Sell the Property

Kelly Horn

BHHS Utah Promontory License #10313572-SA00 Listed on: 08/05/2021

BHHS Utah Promontory

Last Buyer's Agent

Allison Reemsnyder

Coldwell Banker Parley's Way

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,683

Lot Details

  • 1.79 Acre Lot
  • Property fronts a private road
  • Gated Home

HOA Fees

  • $300 Monthly HOA Fees

Utilities

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

Additional Features

  • Mountain Views
  • Riding Trail

Listing and Financial Details

  • Assessor Parcel Number Perb-20

Community Details

Overview

Amenities

  • Steam Room
  • Sauna
  • Shuttle
  • Clubhouse
  • Elevator

Recreation

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

Property Details

Property Type

Land

Est. Annual Taxes

$8,683

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: 1.79
  • Subdivision Name: Elk Ridge Bluffs
  • Contract Info:Short Sale: No
  • Contract Info:BankLender Owned: No
  • Property Info:Tax ID: Perb-20
  • Property Info:Apx Taxes: 1.0
  • Property Info:Tax Year2: 2020
  • Property Info:Access: Year Round
  • Size of Lot:Apx Acres3: 1.79
  • Views:Mountain(s): Yes
  • Utilities:Cable Available: Yes
  • Utilities:High Speed Internet Available: Yes
  • Utilities:Phone Available: Yes
  • Sewage:Public Sewer: Yes
  • Water:Public2: 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
  • Recreation Access:Horse Trail: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Other
  • View: Mountain(s)

Utilities

  • Utilities: Cable Available, Electricity Connected, High Speed Internet Available, Natural Gas Connected, Phone Available
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • MembershipAmenitiesMembershipAvailable: Yes
  • AssociationOccupant:HOA Dues: Yes
  • AssociationOccupant:HOA Dues2: 300.0
  • AssociationOccupant:HOA Dues Frequency: Monthly
  • AssociationOccupant:HOA Contact: Logan Finlayson
  • AssociationOccupant:HOA Contact Phone: 435-333-4063
  • AssociationOccupant:HOA Website: www.promontoryclub.com
  • 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
  • Association Fees Include:Com Area Taxes2: Yes
  • Association Fees Include:Insurance2: Yes
  • Association Fees Include:Maintenance Grounds2: 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, Shuttle Service, Other, Steam Room, Tennis Court(s)
  • Association Fee: 300.0
  • Association Fee Frequency: Monthly
  • Phone: 435-333-4063
  • Association: Yes

Lot Info

  • Horse Amenities: Riding Trail
  • Lot Size Sq Ft: 77972.4
  • Parcel #: Perb-20
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2023
Sold by
Ses 197 Llc
Bought by
Anya Enterprises Llc
Current Estimated Value
$1,705,000

Purchase Details

Listed on
Aug 5, 2021
Closed on
Jul 8, 2022
Sold by
Promontory Investments Llc
Bought by
Promontory Development Llc
Seller's Agent
Kelly Horn
BHHS Utah Promontory
Buyer's Agent
Allison Reemsnyder
Coldwell Banker Parley's Way

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.16%

Purchase Details

Listed on
Aug 5, 2021
Closed on
Jul 7, 2022
Sold by
Promontory Development Llc
Bought by
Ses 197 Llc
Seller's Agent
Kelly Horn
BHHS Utah Promontory
Buyer's Agent
Allison Reemsnyder
Coldwell Banker Parley's Way
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
Anya Enterprises Llc -- Summit Escrow & Title Insuranc
Promontory Development Llc -- Summit Escrow & Title Insuranc
Ses 197 Llc -- Summit Escrow & Title Insuranc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anya Enterprises Llc $3,804,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2022 07/11/22 Off Market -- -- --
07/07/2022 07/07/22 Sold -- -- --
03/02/2022 03/02/22 Pending -- -- --
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 $8,683 $1,497,500 $1,497,500 --
2023 $8,683 $1,497,500 $1,497,500 $0
2022 $7,991 $1,197,500 $1,197,500 $0
2021 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Kelly Horn

    BHHS Utah Promontory

    (505) 907-4215

    135 in this area

    187 Total Sales

    Kelly Horn
    Section Image

  • A

    Buyer's Agent in 2022

    Allison Reemsnyder

    Coldwell Banker Parley's Way

See All Agents

Map

Source: Park City Board of REALTORS®

MLS Number: 12103168

Park City Board of REALTORS®

APN: PERB-20

Utah Summit County Park City 84017

7198 N Promontory Ranch Rd, Park City, UT

This home is located at 7198 N Promontory Ranch Rd, Park City, UT 84098 since 05 August 2021 and is currently estimated at $1,705,000. 7198 N Promontory Ranch Rd is a home located in Summit County with nearby schools including South Summit Elementary School, South Summit High School, and Another Way Montessori Child Development Center.

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The multiple listing information is provided by Park City Board of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2025 Park City Board of REALTORS®, All Rights Reserved. Access to the multiple listing information through this website is made available by Ten-X as a member of the Park City Board of REALTORS® multiple listing service.

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