Park City Luxury Ski Condos

By Todd Anderson

Dec 15, 2011

The Hyatt Escala Lodge

About a month ago we toured the changes at The Hyatt Escala Lodge at Canyons Resort and had a fantastic dinner in one of their mountain view 3 bedroom luxury condos. The Lodge, which was rated as one of the top 12 “Hot Hotels” in North America, continues to step it up and is delivering on the news that they announced months ago, the opening of The Escala Provisions Company, “The Restaurant” and bar. Other additions include 5,000 sq. ft. of meeting space, a staffed children’s center and 7,000 sq. ft of “flexible indoor /outdoor space”.

This gives Park City Real Estate another amenity rich, high end luxury condo option for clients who are considering a ski in/ski out Park City home. There are currently 21 Hyatt Escala Lodge Condos on the market ranging in price from $365,000 for a 1 bedroom, 1 bath condo to $2,000,000 for a 4 bedroom, 5 bath residence. In the past 12 months there have been 5 sales at the Hyatt Escala Lodge. The sold prices ranged from $299,000 for a 1 bedroom to $1,916,000 for a penthouse 3 bedroom 5 bath.

Another factor to take into account when considering purchasing Canyons Resort real estate in general are the many changes that have taken place in the last year or are on the books. The Winter Zip Line tour is in and is something I have to try. The tour is comprised of two zip lines; one is 800 feet long has an 8% grade the other is 2100 feet with a 10% grade. Just thinking about this makes me grin. Additional snowmaking, new lifts, a remake of the resort center area and the beginning of construction on the new golf course are just a few things that have happened recently. For skiers and boarders (and owners of any Park City real estate) the proposed “Skilink” which will connect Canyons Resort in Park City to Solitude Ski Resort in Little Cottonwood Canyon will have positive impacts too many to list. If and when the Ski Link goes through final approval and is built skiers and riders will be able to access Solitude from Canyons ski resort and avoid the 45 minute drive.

If you have questions about The Hyatt Escala Park City, Canyon Resort Real Estate or Park City Real Estate in general please contact the YouInParkCity.com Group Real Estate Professionals at 888-968-4672

Click for more information including all for sale listings at the Hyatt Escala Park City or contact the YouinParkCity.com group.

Click here to learn more about SkiLink.

Tags: canyons, condos, Hyatt, luxury ski condos, park city luxury ski homes, Park City real estate, Ski, skilink
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Escala Lodges to be Managed by Hyatt

By Todd Anderson

Nov 14, 2010

The Escala Lodges at Canyons Resort in Park City, Utah is set to become the newest Hyatt ski property. Hyatt hotels, which manage ski properties in Beaver Creek, Co, Breckinridge, Co and the Lake Tahoe, CA areas will take over management of the Escala Lodges the week of Thanksgiving. With Canyons set to open for the 2010-2011 ski and snowboard season on Friday Nov. 26^th, Hyatt joins the Waldorf Astoria, St. Regis, and Montage hotels as big name luxury brands in Park City, UT. While the Escala Lodge development is only 2 years old, the Hyatt has plans for renovations to meeting spaces and the completion of the restaurant and bar amenities at the condominium-hotel. Escala is located at Canyons main base area and is considered ski-in/ski-out via the Sunrise lift. Since completion, sales of the 85 condominiums which can be configured into 178 rooms have been slow. Only 30 individual units have been sold with most of those going to contract well before the project completion. Current offerings real estate at The Hyatt Escala Lodges range from one bedroom 680 square foot models at $550,000 to 2800 square foot 4 bedroom 5 bath models offered in the $2 million range. Sales of condominium-hotel developments in Park City have been tough since the change in the economy and products like these that have not adjusted prices are finding buyers to be increasingly scarce. The change to the Hyatt management may help future rental revenue, in turn making realty purchases at Escala a better investment. As with all Park City Real Estate opportunities, the YouInParkCity.com Group of Keller Williams Park City Real Estate encourages you to buy for the lifestyle that Park City has to offer. Consider Escala Lodges in terms of its slope-side location within a destination resort (Canyons, Park City) whose owners (Talisker) are spending over $50 million in upgrades this year coupled with the name recognition and service standards associated with the Hyatt name. For more information and assistance in purchasing real estate in Park City, UT contact a realty professional with YouInParkCity.com.