NOT LISTED FOR SALE

8792 N Promontory Ranch Rd Park City, UT 84098

Estimated Value: $6,286,000 - $7,681,262

3.77 Acres
$1,852,422 Price per Acre
164,221 Sq Ft Lot

Last Sold July 28, 2020

Current estimated payment $40,451/month

58 Days on Market

Highlights

  • Views of Ski Resort
  • Steam Room
  • Clubhouse
  • North Summit Middle School Rated A-
  • Fitness Center
  • Community Pool

About This Lot

As of July 2020

This must-see homesite comes with phenomenal views of Deer Valley, Park City, and The Canyons ski resorts, along with Uinta Mountain and lake views. Spectacular Upwall Plan renderings available on this homesite. 3+ acre lot with 280 degree views nestled next to the Outfitter's Cabin. Located in the prestigious Upper Summit neighborhood, this is one of the most amazing lots in all of Promontory! Promontory is Park City's premier golf and recreational community, and is a tribute to the wide-open spaces of the west, spanning over 10 square miles. Access to Club amenities is available upon acquiring a separate Club Membership.

Last Agent to Sell the Property

Cindy Corbin

Summit Sotheby's International Realty License #5450950-AB00 Listed on: 05/06/2020

Co-Listed By

Staci Starbuck

Summit Sotheby's International Realty License #5358273-SA00

Last Buyer's Agent

BJ Christianson

Equity RE (Luxury Group)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,893

Year Built

  • 2022

Lot Details

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

HOA Fees

  • $300 Monthly HOA Fees

Property Views

  • Lake
  • Ski Resort
  • Mountain
  • Valley

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number Sum-58

Community Details

Overview

Amenities

  • Steam Room
  • Shuttle
  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Trails

Security

  • Building Security System

Property Details

Property Type

Land

Est. Annual Taxes

$6,893

Year Built

2022

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: 3.77
  • Co List Office Mls Id: SSIR1
  • Co List Office Phone: 435-649-1884
  • Subdivision Name: The Summit
  • Contract Info:Short Sale: No
  • Contract Info:BankLender Owned: No
  • Property Info:Tax ID: Sum-58
  • Property Info:Apx Taxes: 6893.0
  • Property Info:Tax Year2: 2019
  • Property Info:Access: Year Round
  • Size of Lot:Apx Lot Size (SqFt)3: 164221.0
  • Size of Lot:Apx Acres3: 3.77
  • Property Description:Natural Vegetation: Yes
  • Views:Mountain(s): Yes
  • Utilities:Cable Available: Yes
  • Utilities:High Speed Internet Available: Yes
  • Utilities:Phone Available: Yes
  • Water:Private2: Yes
  • Sewage:Public Sewer: Yes
  • Views:Lake: Yes
  • Views:Ski Area: Yes
  • Views:Valley: 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
  • Property Description:Level: Yes
  • Special Features: VirtualTour
  • Year Built (Public Record): 2022

Exterior Features

  • Other Structures: None
  • Lot Features: Level, Natural Vegetation
  • View: Lake, Mountain(s), Ski Area, Valley

Utilities

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

Condo/Co-op/Association

  • Amenities: See Remarks, Management, Clubhouse, Fire Sprinklers, Fitness Room, Pets Allowed w/Restrictions, Pool, 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

Association/Amenities

  • AssociationOccupant:HOA Dues: Yes
  • AssociationOccupant:HOA Dues2: 900.0
  • AssociationOccupant:HOA Dues Frequency: Quarterly
  • AssociationOccupant:HOA Contact: Logan Finlayson
  • AssociationOccupant:HOA Contact Phone: 435-333-4063
  • AssociationOccupant:HOA Website: www.promontoryclub.com
  • Ranch Amenities:None26: 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
  • Association Fees Include:Snow Removal2: 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
  • Common Area Amenities:Steam Room2: Yes
  • Common Area Amenities:Other6: Yes
  • Common Area Amenities:See Remarks39: Yes
  • Common Area Amenities:Management: Yes

Fee Information

  • Association Fee Includes: Snow Removal

Lot Info

  • Lot Size Sq Ft: 164221.2
  • Parcel #: Sum-58
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6893.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2024
Sold by
Brandon And Sunny Logsdon Revocable Trus and Logsdon Brandon Boria
Bought by
Cgj Holdings Trust and Sharpe
Total Days on Market
58
Current Estimated Value
$6,983,631

Purchase Details

Closed on
Nov 23, 2022
Sold by
Logsdon Brandon and Logsdon Sunny
Bought by
Brandon And Sunny Logsdon Revocable Trust

Purchase Details

Closed on
Aug 17, 2021
Sold by
Peadgett Sean S and White Ann Margaret
Bought by
Logsdon Brandon and Logsdon Sunny

Purchase Details

Listed on
May 6, 2020
Closed on
Jul 27, 2020
Sold by
Obrien Thomas M
Bought by
Padgett Sean S and White Ann Margaret
Seller's Agent
Cindy Corbin
Summit Sotheby's International Realty
Buyer's Agent
BJ Christianson
Equity RE (Luxury Group)
List Price
$895,000
Sold Price
$890,000
Premium/Discount to List
-$5,000
-0.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.79%

Purchase Details

Listed on
May 7, 2018
Closed on
Aug 6, 2018
Sold by
Smith Nicholas Dee Glen and Smith Nicolas Dee Glen
Bought by
Brien Iii Thomas M O
Seller's Agent
Marcie Davis
Summit Sotheby's International Realty
Buyer's Agent
Cindy Corbin
Summit Sotheby's International Realty
List Price
$825,000
Sold Price
$825,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.95%
Original Mortgage
$660,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 10, 2017
Sold by
Promontory Development Llc
Bought by
Smith Nicolas Dee Glen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$794,848
Interest Rate
4.03%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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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
Cgj Holdings Trust -- None Listed On Document
Brandon And Sunny Logsdon Revocable Trust -- --
Logsdon Brandon -- Metro National Title
Padgett Sean S -- Metro National Title
Brien Iii Thomas M O -- First American Title
Smith Nicolas Dee Glen -- Summit Escrow & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Logsdon Brandon $3,995
Previous Owner Brien Iii Thomas M O $660,000
Previous Owner Smith Nicholas Dee Glen $794,848
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2020 07/28/20 Sold -- -- --
07/04/2020 07/04/20 Pending -- -- --
05/06/2020 05/06/20 For Sale $895,000 +8.5% --
08/13/2018 08/13/18 Sold -- -- --
07/10/2018 07/10/18 Pending -- -- --
05/07/2018 05/07/18 For Sale $825,000 -- --
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 $11,385 $2,155,400 $1,555,400 $600,000
2022 $7,779 $1,242,900 $1,242,900 $0
2021 $6,709 $870,400 $870,400 $0
2020 $7,171 $870,400 $870,400 $0
2019 $7,483 $810,800 $810,800 $0
2018 $7,872 $810,800 $810,800 $0
2017 $7,239 $810,800 $810,800 $0
2016 $9,136 $810,800 $810,800 $0
2015 $3,640 $362,500 $0 $0
2013 $4,603 $435,540 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Cindy Corbin

    Summit Sotheby's International Realty

    (949) 903-3068

    117 Total Sales

    Cindy Corbin
    Section Image

  • S

    Seller Co-Listing Agent in 2020

    Staci Starbuck

    Summit Sotheby's International Realty

  • B

    Buyer's Agent in 2020

    BJ Christianson

    Equity RE (Luxury Group)

  • M

    Seller's Agent in 2018

    Marcie Davis

    Summit Sotheby's International Realty

    (435) 602-9577

    50 Total Sales

    Marcie Davis
    Section Image
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Map

Source: Park City Board of REALTORS®

MLS Number: 12001262

Park City Board of REALTORS®

APN: SUM-58

Utah Summit County Park City 84017

8792 N Promontory Ranch Rd, Park City, UT

This home is located at 8792 N Promontory Ranch Rd, Park City, UT 84098 since 06 May 2020 and is currently estimated at $6,983,631. This property was built in 2022. 8792 N Promontory Ranch Rd is a home located in Summit County with nearby schools including North Summit Middle School, North Summit Elementary School, and North Summit High School.

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