The Pendry Information, Listings, and Market Trends
Pendry Park City is the most luxurious resort condominium in Canyons Village. Located slopeside, the Pendry offers the very best in service and hospitality, world-class spa and fitness center, multiple restaurant and entertainment options wrapped in a modern aestetic. Ski in/out access, roof top pool, fully appointed rooms — this place has it all. All this luxury comes at a cost, the highest HOA fees in the area. The rooms feature ski run and mountain views and are luxurously appointed in a California inspired modern design featuring fireplaces, kitchens, washer/dryers, and balconies.
With 153 rooms, 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
The Pendry Condos for Sale
Pendry Park City has 5 properties for sale. Prices range from $1,899,000 to $4,850,000 with the average of $2,844,600.Here's a quick overview of each listing.
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The Pendry Sales Summary
Last year saw 21 sales and there have been 11 sales this year.The average MLS listed condo has 2 bedrooms with 3 baths, covers 1,330 total square feet, and was built in 2022.We estimate a median sales price for a condo of these specifications to be $2,378,541. The most common configuration has 2 bedrooms at 31% of the 153 condos.
The Canyons area contains the The Pendry 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.
Pendry Residences Unit Overview
The Pendry Residences are spacious and elegant, offering striking views of the surrounding mountains and Canyons ski run views. Units come in studio to four bedroom configurations with two and three bedroom units equally comprise two-thirds of the rooms. The California modern design seamlessly flows from the sleek entrance to the condo units with marble bathrooms, luxury bedding, fireplaces, kitchens, washer/dryer, and custom touches throughout. The design is contemporary, high-end and relaxing.
Pendry Hotel Park City Amenities
Pendry Park City is a haven of luxury and comfort, offering a variety of amenities to cater to every guest’s needs. The resort boasts four unique dining establishments, including a Japanese-inspired restaurant, a cozy lobby lounge and bar, and a year-round poolside grill. A family-friendly pizzeria adds to the diverse culinary offerings. For wellness enthusiasts, the resort features a comprehensive spa and a fitness center equipped with state-of-the-art machines and Peloton bikes. A dedicated ski valet service ensures a seamless skiing experience for guests.
The Pendry's Rec Room provides a lively atmosphere for social gatherings, while a Sports Concierge service offers the latest gear for skiing, snowboarding, and biking. The resort also offers ample indoor meeting space, thoughtfully designed for recreational and social events. With valet parking and dedicated staff to assist with various needs, Pendry Park City ensures a hassle-free stay for its guests.
Pendry Amenities at a Glance
The Pendry Hotel Park City amenities match expectations for a high-end, luxury resort condominium.
- Restaurants and Bars: four restaurants available onsite along with another in the Pendry Plaza
- KITA: Japanese inspired
- Apres Pendry: the lobby lounge and bar with shareable comfort food
- The Pool House Bar & Grille: a year round gathering spot for summer fun or apres ski
- Disco Pizza: family friendly favorite
- Spa Pendry: a spa and wellness center with a full menu of services
- Fitness Center: 24/7 access to fitness machines, Peleton bikes, and free weights
- Ski Valet: skis have their own pampered room
- Meeting and Event Rooms
- Valet Parking
Ski-in Ski-out at The Pendry Park City
Experience the ultimate convenience of ski-in ski-out at The Pendry Canyons Village, a part of the illustrious Pendry Hotel collection. With the Sunrise Lift just out your front door and the convenient ski valet service, you can effortlessly glide onto the slopes of the Canyons Village and immerse yourself in the exhilarating world of winter sports.
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.
What is a Condotel?
Pendry Park City 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 The Pendry 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 Pendry transfer fee at CVMA Assessments and Transfer Fees.
The Pendry Quick Facts
| Property Type | |
|---|---|
| New Construction | No |
| # Active Listings | 0 |
| Year Built | 2022 |
| HOA Fee | Yes |
| Nightly Rentals Allowed | Yes |
| Amenities |
|
| Views |
|
| Transfer Fee | 2% of the sale price on all real estate sales |
| Website | https://www.pendry.com/park-city |
| Address | 2417 West High Mountain Road Park City, UT 84098 |
Check out Slope Style Realty's The Ultimate Park City Ski Condo Guide for 2024 for an in-depth look where to find ski condos that offer the convenience of ski-in, ski-out access or are within easy walking distance in ski gear. We delve into the condo communities serving Deer Valley and Park City Mountain Resort, providing you with detailed information on prices, trends, and stats. Whether you’re a seasoned skier or a snow-loving family, owning a ski condo is a fantastic opportunity to make the most of your ski adventures and summer fun.
Canyons Neighborhoods
You may be interested in checking out all Canyons Neighborhoods.
Want More The Pendry 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 Saying about The Pendry in Canyons Village
Pendry Park City, the most luxurious resort condominium in Canyons Village, offers the best in service and hospitality. The Pendry is ski-in/ski-out, sports a rooftop pool, and sold with fully appointed rooms - it provides a unique blend of luxury and adventure. The spacious and elegant Pendry Residences offer striking mountain views and are designed with a contemporary, high-end aesthetic. The upcoming Sunrise Gondola Project will enhance the ski-in/ski-out experience, providing improved access to the Red Pine area. The resort’s amenities, including a world-class spa and fitness center, multiple dining options, and ski valet service, meet the expectations for a high-end luxury resort. However, this luxury comes at a cost, with the highest HOA fees in the area.
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.