The Colony Information, Listings, and Market Trends
The Colony at White Pine Canyon is a gated luxury community that offers some of the most exclusive and stunning ski homes anywhere. The Colony features 274 homesites that average more than five acres, with unparalleled ski in/out access. The community famously preserves about 90% of its land as open space, creating a natural and peaceful environment for its luxury homes. The Colony is a place where you can enjoy the beauty, privacy, and adventure of the mountains while easily taking advantage of the Park City and resort active life-style.
Table of Contents
Property Type
Views
Amenities
The Colony Homes for Sale
Colony at White Pine Canyon has 7 properties for sale. Prices range from $6,600,000 to $47,000,000 with the average of $20,192,857.Here's a quick overview of each listing.
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The Colony Sales Summary
Last year saw 10 sales and there have been 2 sales this year.The average MLS listed single family home has 6 bedrooms with 9 baths, covers 9,710 total square feet, and was built in 2011.We estimate a median sales price for a single family home of these specifications to be $12,702,049. The most common configuration has 6 bedrooms at 38% of the 135 single family homes.The average MLS listed lot is 8.3 acres with the range being 2.1 to 113.2 acres.
The Canyons area contains the The Colony community. You can find an in-depth analysis of property types, sales activity, and amenities along with a discussion of other communities at the Canyons details page.
Ski Access
The Colony is built into Canyons portion of Park City Mountain Resort – US's largest ski resort. All homes feature direct ski in/out access to the runs. The Colony contains the following lifts and gondola give you convenient access to the entire resort:
- Tombstone
- Dreamscape
- Dreamcatcher
- 9990
- Peak 5
- Flat Iron
- Day Break
- Iron Mountain
- Timberline
- Quicksilver Gondola
Here is a map shows the orientation of the lifts within the community. You can click on the image to see a larger view.
The non-ski season opens up access to the the massive 400 miles single-track trail system running through Park City. The famed 26 mile Mid-Mountain Trail runs through The Colony, opening up endless oppportunties for summer picnics, climbs to the summit, or lunch on Main St.
About the Community
The Colony is a gated ski in/out community known for its large homesites affording the residents privacy, stunning views, and security. The average homesite is over 5 acres and the designated building areas ensure 90% of the 4600 acre community remains open space.
The Colony is secluded while being very accessible. Located half-way between Old Town and Kimball Junction enables quick access to shops, restaurants, Sundance Film Festival, the Arts Festival, and everything else Park City has to offer. Or simply bike or ski down to Canyons Village to enjoy concerts, meet up with friends, or grab a fun lunch.
For a bit of history, work began on the master plan in 1992 and the first homesites were released on 1998. Today, most of the homesites have been sold and many homes have been built. This mean homeowners have the luxury of peace and quiet without tens of homes being built simultaneously as is occuring in other luxury developments around park city. When you enter The Colony you are leaving the hustle behind.
Transfer Fee
The The Colony has a transfer fee of 2% of the sale price on all real estate sales and is typically paid for by the Buyer. The fee is paid to the Canyons Village Management Association, Inc. (CVMA) and contributes to an array of services designed to benefit all of its members, including the operation of the Cabriolet lift, concerts, fireworks, Canyons Village Connect, the complimentary shuttle service, road maintenance, snow removal, holiday tree lights, and landscaping.
A transfer fee is a closing cost charged by a Homeowners’ Association (HOA) at the time of a property sale. In Park City, the trend is towards instituting transfer fees and they are becoming more common. The amount can range from a few hundred dollars to a 2.5% of the sales price! Recent popularity among HOAs has been attributed to an ability to raise money without needing to raise recurring homeowner fees.
As with everything in real estate transactions, transfer fees are negotiable. This is especially true in a buyer's market. The Slope Style Realty team has experienced success getting the buyers to pay the transfer fee in weak housing markets.
(Transfer fees are not to be confused with transfer taxes, which are one-time fees imposed by some localities at the time of a sale.)
You can read more about the The Colony transfer fee at CVMA Assessments and Transfer Fees.
The Colony Quick Facts
| Property Type | |
|---|---|
| New Construction | No |
| # Active Listings | 0 |
| HOA Fee | Yes |
| Nightly Rentals Allowed | No |
| Amenities |
|
| Views |
|
| Transfer Fee | 2% of the sale price on all real estate sales |
| Address | 2455 White Pine Canyon Road Park City, UT 84060 |
Canyons Neighborhoods
You may be interested in checking out all Canyons Neighborhoods.
Want More The Colony Information
At Slope Style Realty, we have decades of experience helping clients buy and sell resort properties, primary residences, investment properties and second homes in Park City. Our team consists of professionals who have extensive knowledge of the Park City real estate market's varied communities. We are passionate about helping our clients find the perfect home and are committed to providing exceptional service throughout the buying and selling process. Whether you're looking for a house, condo, townhouse, or land in Park City, we have the expertise to help you achieve your real estate goals. Please contact us today so we can help you meet your Park City real estate goals.
Andy Krumelandy@slopestylerealty.com
Andy is a former naval aviator and Silicon Valley entrepreneur, having spent over 15 years delivering groundbreaking mobile and SAAS products. Andy brings his technical experience and innovative approaches to Slope Style Realty and KW Park City Keller Williams as a licensed Realtor.
Andy is a former naval aviator and Silicon Valley entrepreneur, having spent over 15 years delivering groundbreaking mobile and SAAS products. Andy brings his technical experience and innovative approaches to Slope Style Realty and KW Park City Keller Williams as a licensed Realtor.