Hyatt Centric Information, Listings, and Market Trends
The Hyatt Centric Park City, previously known as the Hyatt Escala Lodge at Park City, is a premium Park City ski-in, ski-out condominium hotel situated right next to the Sunrise Gondola at Canyons Village in Park City, Utah.
Park City's Hyatt Centric is a AAA Four Diamond resort hotel, converted to Hyatt’s upscale Centric brand in 2016, boasts a cosmopolitan vibe and is at the heart of all the Canyons Village action. The resort comprises three buildings, each showcasing stonework and timber frame structure, offering 178 residential-style suites. The suites, ranging from 1 – 4 bedrooms and 680 to 2,820 square feet, are equipped with 9-foot ceilings, fully equipped gourmet kitchens, custom stone fireplaces, extensive mill-work, and hand-carved maple flooring. The Hyatt Centric Park City offers a range of amenities including a bar, restaurant, market, fitness center, heated swimming pool, seasonal shuttle service, and ski Concierge. Its prime location in Canyons Village provides ski-in ski-out access to Park City Mountain Resort.
With over 170 condos, real estate investors and 2nd home buyers interested in a resort condo can usually find units for sale. Currently, no units are available for purchase through the Park City MLS.
Table of Contents
Property Type
Views
Amenities
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Hyatt Centric Sales Summary
Last year saw 3 sales and there have been 2 sales this year.The average MLS listed condo has 2 bedrooms with 3 baths, covers 1,520 total square feet, and was built in 2008.We estimate a median sales price for a condo of these specifications to be $1,618,642. The most common configuration has 2 bedrooms at 42% of the 183 condos.
The Canyons area contains the Hyatt Centric 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.
About Park City's Hyatt Centric
The Hyatt Centric Park City is a standout destination, offering a unique blend of luxury and comfort with its meticulously designed room floor plans and top-notch amenities. Under the umbrella of the distinctive Centric brand, this property embodies a cosmopolitan vibe, making it a preferred choice for modern explorers and travelers.
The Hyatt Centric Brand
Hyatt Centric is a high-end collection from Hyatt that places guests in the middle of some of the world’s most sought-after destinations. It aims to provide a city-like atmosphere and offers comprehensive services that cater to today’s explorers and travelers. Hyatt Centric properties stand out for their distinctive locations, superior comfort, and local charm, offering guests a genuine and enhanced local experience.The Hyatt Centric Floor Plans
The Hyatt Centric Park City condos, previously known as the Hyatt Escala Lodge at Park City, offer a range of one to four bedroom units. Sizes span from 680 to 2,820 square feet, with each condo featuring 9-foot ceilings and fully equipped gourmet kitchens.
These condos embody a grand European style lodge, featuring large living/dining areas and gourmet kitchens with stone fireplaces.
The Hyatt Centric Park City properties are known for their open floor plans. The larger residences can comfortably sleep up to ten people, making them ideal for families or groups. Many of the units are configured with lock-off suites, enabling maximizing rental revenue through multiple configurations.
Map showing Hyatt Centric Buildings
Here is a maps showing the Hyatt Centric three building layout. Click the image to see an enlarged image.
Hyatt Centric Park City Amenities
The Hyatt Centric Park City provides a host of amenities for a memorable stay. It houses a state-of-the-art fitness center equipped with a variety of workout machines and a dedicated space for yoga and stretching. A heated outdoor pool with melt decking is available, offering breathtaking views of the Utah mountains.
The on-site restaurant serves dishes made from locally sourced ingredients. A 24/7 business center is also available, equipped with computers and complimentary printing services for those who need to stay connected. Additional conveniences include free high-speed Wi-Fi, room service, and pet-friendly accommodations.
Located in an enviable spot, the Hyatt Centric Park City offers direct ski-in/ski-out access with the Sunrise Lift just steps away, and is within walking distance to a variety of restaurants, shops, and concert venues. In the summer, guests can explore over 400 miles of mountain biking and hiking trails, and enjoy free concerts.
Hyatt Centric Amenities at a Glance
- Fitness Center: A modern fitness center complete with cardio and weight-training equipment, along with space for yoga and stretching
- Outdoor Pool: A heated outdoor pool with melt decking, offering stunning views of the Canyons Resort
- Restaurant: An on-site restaurant that serves dishes made from locally sourced ingredients
- Business Center: A 24/7 business center equipped with computers and complimentary printing services
- Room Service: Convenient room service for guests who prefer dining in the comfort of their rooms
- Pet-Friendly Accommodations: The property welcomes pets, ensuring a comfortable stay for all family members
- Ski-in/Ski-out Access: Direct ski access to the Canyons Resort’s expansive ski terrain
- Proximity to Local Attractions: Walking distance to a variety of restaurants, shops, and concert venues
- Outdoor Activities: Easy access to over 400 miles of mountain biking and hiking trails, and free concerts during the summer
Ski-in Ski-out at Hyatt Centric
The Hyatt Canyons Village, a part of the esteemed Hyatt Centric collection, offers the luxury of ski-in ski-out access. The Sunrise Lift is right at your doorstep, and with the ski valet service, you can easily transition onto the Canyons Village slopes for a fun day of skiing and boarding.
The Sunrise Lift is conveniently located a few steps from The Pendry Park City Utah for those looking to quickly get moving in the morning. Or ski down to the Red Pine Gondola and the Orange Bubble Express, two of the most popular lifts in the area, to access the higher reaches of Canyons Park City Mountain Resort.
The upcoming Sunrise Gondola Project is set to further enhance this experience. This project involves upgrading the Sunrise chairlift with a 10-person gondola spanning 6,500 feet, which will significantly improve access to the Red Pine area. The Sunrise Gondola, terminating at the Red Pine area, will provide a third lift option to complement the Red Pine Gondola and Orange Bubble Express for upper mountain access. This improvement will greatly benefit both lodging guests and day skiers, enhancing the mountain access experience for everyone. Furthermore, the new alignment of the Sunrise Gondola will be less susceptible to wind, significantly reducing weather-related holds and closures in the Canyons Village base area. Experience the seamless blend of luxury and adventure at Park City's Pendry Residences.
- Four seasonsWhat is a Condotel?
Hyatt Centric is classified as a condotel. A condotel is a condominium that operates similar to a hotel with a registration desk, booking website, cleaning services, and amenities. Like a normal condominium, the units have individual owners, some of whom may live in the complex full time. A condetel provides a professionally run rental program that provides the hotel-like guest experience during check-in and stay while also marketing the property to fill the rooms.
Park City has a number of condotels with many located near the resorts. They often sport rich amenities, such as shuttle services, pools, fitness centers, restaurants, bars, gaem rooms, and more. Owners utilizing the rental program may reserve their unit for personal use, often with some cumulative maximum days per year to ensure room availability throughout the year.
There are pros and cons to condotel ownership.The rental program generally charges a percentage of all rental fees for marketing and guest services. The rental program requires standards for furniture, dishware, linens, and other decorations so guests have a consistent experience. The rental income can help offset ownership expenses though you will have HOA fees in addition to rental program costs.
Transfer Fee
The Hyatt Centric 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 Hyatt Centric transfer fee at CVMA Assessments and Transfer Fees.
Hyatt Centric Quick Facts
| Property Type | |
|---|---|
| New Construction | No |
| # Active Listings | 0 |
| Year Built | 2007 |
| HOA Fee | Yes |
| Nightly Rentals Allowed | Yes |
| Amenities |
|
| Views |
|
| Transfer Fee | 2% of the sale price on all real estate sales |
| Address | 3551 N. Escala Court Park City, UT 84098 |
Canyons Neighborhoods
You may be interested in checking out all Canyons Neighborhoods.
Want More Hyatt Centric 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.
What Our Clients are Like about Hyatt Centric in Canyons Village
Our clients are continually impressed by the Hyatt Centric in Park City. They love the fact that many units have undergone recent updates, enhancing the overall experience. The unique configuration of the condos with lockouts has been a game-changer, opening up new avenues for increased rental revenue due to their support for multiple configurations.
The anticipation is building for the upcoming Sunrise Gondola upgrade, which promises to further improve mountain access. The classic European Lodge styling of Park City’s Hyatt Centric is a big hit, perfectly capturing the quintessential ski resort vibe.
The unbeatable location in Canyons Park City offers direct ski access and is just a short walk from a variety of restaurants, shops, and concerts. During the summer, our clients are thrilled with the easy access to over 400 miles of mountain biking and hiking trails, free concerts, and the fantastic pool. The Park City ski-in ski-out experience at the Hyatt Centric is truly second to none. This is what makes The Canyons Park City such a beloved destination for our clients.
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.