NOT LISTED FOR SALE

8589 Ranch Club Ct Park City, UT 84098

Estimated Value: $4,200,117 - $5,204,000

0.28 Acre
$16,095,639 Price per Acre
12,197 Sq Ft Lot

Last Sold March 04, 2021

Current estimated payment $25,329/month

2 Days on Market

Highlights

  • Views of Ski Resort
  • Steam Room
  • Building Security System
  • North Summit Middle School Rated A-
  • Fitness Center
  • Clubhouse

About This Lot

As of March 2021

Live in Promontory, Park City's best private community! This very special homesite has panoramic views of Park City Mountain Resort, and is on the 9th hole of the Peter Dye championship golf course. Great for families, and just steps away from Promontory's most popular amenities, the pool, fitness center, golf clubhouse, and the incomparable ''Shed'' clubhouse. This flat build suite will accommodate a Russell model home, and can be used as a primary residence or will accommodate weekly or long-term rentals, if desired. Details on floor plans and building available from the listing agent. Promontory full Golf Membership is available through a separate transaction with Promontory club.

Last Agent to Sell the Property

Brian Wilson

Summit Sotheby's International Realty Listed on: 02/02/2021

Last Buyer's Agent

Kristin Shaw

Coldwell Banker Realty (Park City-NewPark)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,884

Lot Details

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

HOA Fees

  • $357 Monthly HOA Fees

Property Views

  • Ski Resort
  • Golf Course
  • Mountain

Utilities

  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number Gcc-4

Community Details

Overview

  • Association fees include security
  • Association Phone (435) 333-4063
  • Visit Association Website
  • Golf Club Cabins Subdivision
  • Planned Unit Development

Amenities

  • Steam Room
  • Sauna
  • Shuttle
  • Clubhouse
  • Elevator

Recreation

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

Security

  • Building Security System

Property Details

Property Type

Land

Est. Annual Taxes

$2,884

Lot Details

0

HOA Fees

$357 per month

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Gated, Private Road
  • Road Surface Type: Paved
  • Property Sub Type: Residential
  • Lot Size Acres: 0.28
  • Subdivision Name: Golf Club Cabins
  • Contract Info:Short Sale: No
  • Contract Info:BankLender Owned: No
  • Property Info:Tax ID: Gcc-4
  • Property Info:Apx Taxes: 2884.0
  • Property Info:Tax Year2: 2020
  • Property Info:Access: Year Round
  • Size of Lot:Apx Lot Size (SqFt)3: 12197.0
  • Size of Lot:Apx Acres3: 0.28
  • 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
  • Views:Ski Area: Yes
  • Water:Public2: Yes
  • Recreation Access:HikeBike Trail - Adjoining Project: Yes
  • Road Frontage Type:Gated: Yes
  • Road Frontage Type:Private Road: Yes
  • Views:Golf Course: Yes
  • Property Description:PUD - Planned Unit Development: Yes
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: Natural Vegetation, PUD - Planned Unit Development, Golf Course Hole # (See Remarks)
  • View: Golf Course, Mountain(s), Ski Area

Utilities

  • Utilities: Cable Available, High Speed Internet Available, Phone Available
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • MembershipAmenitiesMembershipAvailable: No
  • AssociationOccupant:HOA Dues: Yes
  • AssociationOccupant:HOA Dues2: 1069.5
  • AssociationOccupant:HOA Dues Frequency: Quarterly
  • 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:Security2: Yes
  • Common Area Amenities:SpaHot Tub: Yes
  • Association Fees Include:Security3: Yes

Condo/Co-op/Association

  • Amenities: See Remarks, Spa/Hot Tub, Security, Elevator(s), Clubhouse, Fire Sprinklers, Fitness Room, Pets Allowed w/Restrictions, Pool, Sauna, Shuttle Service, Other, Steam Room, Tennis Court(s)
  • Association Fee: 1069.5
  • Association Fee Frequency: Quarterly
  • Phone: 435-333-4063
  • Association: Yes

Fee Information

  • Association Fee Includes: Security

Lot Info

  • Lot Size Sq Ft: 12196.8
  • Parcel #: Gcc-4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2884.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2021
Closed on
Feb 24, 2021
Sold by
Fairmont Capital Partners Llc
Bought by
Falcone Michael L and Falcone Beth W
Seller's Agent
Brian Wilson
Summit Sotheby's International Realty
Buyer's Agent
Kristin Shaw
Coldwell Banker Realty (Park City-NewPark)
List Price
$600,000
Current Estimated Value
$4,506,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.90%

Purchase Details

Closed on
Jun 5, 2006
Sold by
Pivot Promontory Cabin Llc
Bought by
College Business Park Llc
Source: Public Records

Range of Values:

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Average Value
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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
Falcone Michael L -- Summit Escrow & Title
College Business Park Llc -- Summit Escrow & Title Ins
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2021 03/04/21 Sold -- -- --
02/05/2021 02/05/21 Pending -- -- --
02/02/2021 02/02/21 For Sale $600,000 -- --
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 $4,991 $945,000 $665,000 $280,000
2022 $4,162 $665,000 $665,000 $0
2021 $2,698 $350,000 $350,000 $0
2020 $2,884 $350,000 $350,000 $0
2019 $3,230 $350,000 $350,000 $0
2018 $3,230 $350,000 $350,000 $0
2017 $3,125 $350,000 $350,000 $0
2016 $2,582 $270,000 $270,000 $0
2015 $3,414 $340,000 $0 $0
2013 $1,902 $180,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Park City Board of REALTORS®

MLS Number: 12100435

Park City Board of REALTORS®

APN: GCC-4