NOT LISTED FOR SALE

8250 Reflection Point Park City, UT 84098

Estimated Value: $4,414,000 - $4,756,000

2.06 Acres
$2,230,547 Price per Acre
89,734 Sq Ft Lot

Last Sold November 09, 2020

Current estimated payment $26,538/month

259 Days on Market

Highlights

  • Steam Room
  • Fitness Center
  • 2.06 Acre Lot
  • North Summit Middle School Rated A-
  • Building Security System
  • Clubhouse

About This Lot

As of November 2020

Welcome to the best address in Park City. Welcome to Pinnacle at Promontory. Set apart not only by private gates and striking geography, perched upon a knoll surrounded by golf and breathtaking views of Park City's famed ski slopes, but also set apart by design. Set apart for the few. Pinnacle's 36 custom home sites are the only sites of their kind in Park City and once they're gone – they're gone. This is the unique opportunity to build a true legacy home in a private enclave within arguably the most amenity-rich community in America, Promontory. In a cul-de-sac looking over the 10th hole, nothing gets in the way of the stunning Deer Valley Resort view from Pinnacle Homesite 8. Renderings are of the Skyhouse Private Pinnacle Amenity to be built. Membership available through separate purchase pending approval by Promontory Club.

Last Agent to Sell the Property

Will Ott

Summit Sotheby's International Realty Listed on: 02/04/2020

Last Buyer's Agent

Nancy Tallman

Snow Park Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17,525

Lot Details

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

HOA Fees

  • $850 Monthly HOA Fees

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number Pinnp-1-8

Community Details

Overview

  • Association Phone (435) 333-4063
  • Pinnacle At Promontory Subdivision

Amenities

  • Steam Room
  • Sauna
  • Shuttle
  • Clubhouse
  • Elevator

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Spa
  • Trails

Security

  • Building Security System

Property Details

Property Type

Land

Est. Annual Taxes

$17,525

Lot Details

0

HOA Fees

$850 per month

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Gated, Private Road
  • Road Surface Type: Paved
  • Property Sub Type: Residential
  • Lot Size Acres: 2.06
  • Subdivision Name: Pinnacle at Promontory
  • Contract Info:Short Sale: No
  • Contract Info:BankLender Owned: No
  • Property Info:Tax ID: Pinnp-1-8
  • Property Info:Apx Taxes: 17525.0
  • Property Info:Tax Year2: 2020
  • Property Info:Access: Year Round
  • Size of Lot:Apx Acres3: 2.06
  • Utilities:Cable Available: Yes
  • Utilities:High Speed Internet Available: Yes
  • Utilities:Phone Available: Yes
  • Water:Private2: Yes
  • Sewage:Public Sewer: Yes
  • Recreation Access:HikeBike Trail - Adjoining Property: Yes
  • Road Frontage Type:Gated: Yes
  • Road Frontage Type:Private Road: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Special Features: None

Exterior Features

  • Lot Features: See Remarks, Other

Utilities

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

Condo/Co-op/Association

  • Amenities: See Remarks, Spa/Hot Tub, Security, Elevator(s), Clubhouse, Fire Sprinklers, Fitness Room, Pets Allowed w/Restrictions, Sauna, Shuttle Service, Other, Steam Room, Tennis Court(s)
  • Association Fee: 2550.0
  • Association Fee Frequency: Quarterly
  • Phone: 435-333-4063
  • Association: Yes

Association/Amenities

  • AssociationOccupant:HOA Dues: Yes
  • AssociationOccupant:HOA Dues2: 2550.0
  • AssociationOccupant:HOA Dues Frequency: Quarterly
  • AssociationOccupant:HOA Contact: Logan Finlayson
  • AssociationOccupant:HOA Contact Phone: 435-333-4063
  • Common Area Amenities:Clubhouse: Yes
  • Common Area Amenities:Fitness Room: 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:Maintenance Grounds2: Yes
  • Common Area Amenities:Sauna: Yes
  • Association Fees Include:Maintenance Exterior2: 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:Security2: Yes
  • Common Area Amenities:SpaHot Tub: Yes

Lot Info

  • Lot Size Sq Ft: 89733.6
  • Parcel #: Pinnp-1-8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 17525.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2021
Sold by
Johnson Kari Anne and Grover Colin
Bought by
Kareco Llc
Current Estimated Value
$4,594,926

Purchase Details

Listed on
Feb 4, 2020
Closed on
Nov 9, 2020
Sold by
Promontory Development Llc
Bought by
Johnson Kari Anne and Grover Colin
Seller's Agent
Will Ott
Summit Sotheby's International Realty
Buyer's Agent
Nancy Tallman
Snow Park Realty
List Price
$2,300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.26%

Purchase Details

Listed on
Feb 4, 2020
Closed on
Oct 28, 2020
Sold by
Promontory Development Llc
Bought by
Johnson Kari Anne and Grover Colin
Seller's Agent
Will Ott
Summit Sotheby's International Realty
Buyer's Agent
Nancy Tallman
Snow Park Realty
List Price
$2,300,000
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kareco Llc -- None Available
Johnson Kari Anne -- Summit Escrow & Title Insuranc
Johnson Kari Anne -- Summit Escrow & Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2020 11/09/20 Sold -- -- --
10/21/2020 10/21/20 Pending -- -- --
02/04/2020 02/04/20 For Sale $2,300,000 -- --
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
2025 $22,784 $4,502,120 $4,502,120 --
2024 $13,759 $2,604,876 $2,604,876 --
2023 $13,759 $2,604,876 $2,604,876 --
2022 $12,531 $2,002,120 $2,002,120 $0
2021 $16,396 $2,127,120 $2,127,120 $0
2020 $17,525 $2,127,120 $2,127,120 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2020

    Will Ott

    Summit Sotheby's International Realty

  • N

    Buyer's Agent in 2020

    Nancy Tallman

    Snow Park Realty

See All Agents

Map

Source: Park City Board of REALTORS®

MLS Number: 12000336

Park City Board of REALTORS®

APN: PINNP-1-8

Utah Summit County Park City 84017

8250 Reflection Point, Park City, UT

Not Listed for Sale

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