MONTAGE DEER VALLEY LAUNCHES SALES OF PRIVATE RESIDENCES

 

 

PARK CITY, UTAH - (June 22, 2010) - Montage Residences Deer Valley, 81 private residences atop the 174-room Montage Deer Valley, will open Winter 2010/2011 on a coveted on-mountain Empire Pass location. Montage Deer Valley will afford owners ski-in, ski-out access to Deer Valley Resort, expansive mountain and valley views, and a host of 24-hour Montage amenities and services, including a residential concierge staff to attend to every household matter.

The first phase of 15 residences has been released for sale. Priced from $2 million, the spacious one- to four-bedroom residences are represented by DV Luxury Resort Realty LLC in partnership with Park City-based Prudential Utah Real Estate. A 2,489 square-foot 3-bedroom furnished model residence with custom appointments and furnishings is available for viewing with sales contracts for residences already in progress.

Top Year-round Location for Vacation Homes
Earlier this year, as the resort celebrated its topping off, a significant construction milestone, Barron's magazine announced that "the market for luxury real estate is coming back to life" and named Park City and "the understated year-round resort community of Deer Valley" to the #4 spot, the first non-coastal destination on its list of the 10 Best Places for Second Homes.

"We're proud to be singled out by Barron's as one of the best locations for second homes in the country. We look forward to welcoming generations of new residents to the spectacular year-round adventures and laid back charm that define Park City," said A. Flint Decker, Principal Broker, Vice President Sales & Marketing of DV Luxury Resort Realty LLC.

Blessed with great snow and majestic terrain, Deer Valley Resort, named America's #1 ski resort by Ski magazine readers for the past three years, just enjoyed a very successful 2009/2010 ski season.

Abundant Choice
Montage Residences Deer Valley will capture the essence of the resort's refined Mountain Craftsman style, complete with views of inspiring ski slopes and pristine sub-alpine valleys. These wholly-owned private residences are situated on the upper floors of the mountain lodge-style resort building, which also features 174 guestrooms and suites.

With the opportunity to choose from a selection of one- to four-bedroom floor plans in configurations from 1,200- to 6,900-square feet, owners may select a "custom" home to meet their personal needs. Each residence will feature expansive windows, estate quality finishes, high ceilings, private balconies, gas fireplaces, luxurious five-fixture stone bathrooms with limestone floors and high-end craftsman-built kitchen with granite counters and hand-scraped walnut wood floors.

Forty-nine of the one- to four-bedroom residences (1,200- to 3,300-square feet) will be offered fully furnished with an estate-quality leather and upholstered custom collection that complements the refined cherry-stained millwork and cabinetry, accented by hand-knotted rugs. Other interior touches will include custom lighting and hand-selected artwork. These private residences may be offered for rental to hotel guests at the option of the homeowner. Another 32 of the residences, with two- to four-bedrooms ranging from 1,900- to 6,900-square feet, will be offered unfurnished for custom interiors that suit individual owners' tastes.

Extensive Amenities
Early buyers will enjoy special First Tracks privileges, including a choice of any residence (not limited to the first phase release), and season passes at Deer Valley Resort for the entire family for the first two years of ownership.

All owners will enjoy access to all Montage Deer Valley resort services and amenities, including residential concierge services, spa services, private ski instruction and Deer Valley ski ticketing on site, ski and bike valets, and access to Deer Valley recreation, with ski-in, ski-out access to hundreds of acres of terrain and ski experiences.

The residential concierge team can arrange grocery stocking and housekeeping, or even handle travel plans or assist with entertaining, and make all activity bookings. Owners will also enjoy signing privileges in all of the resort's restaurants and alpine-inspired spa, and may participate in an engaging year-round series of outdoor adventures, wine tasting and more. Children ages 5 - 12 can experience custom adventures just for them as part of the resort's exclusive Paintbox children's club.

The resort is just minutes from the historic charm and all-season dining, boutiques, galleries and cultural events available along Park City's eclectic Main Street.

In addition, owners have the opportunity for membership at the Talisker Club, which provides private access to more than 10,000 acres of private wilderness; outdoor recreational pursuits, including world-class skiing and private fly-fishing, and admittance to on-mountain members-only facilities. (Separate application and membership fees apply.)

Prospective buyers who wish to learn more should contact A. Flint Decker, (435) 200-0450 or fdecker@montagedeervalley.com, or Andy Kelly, (435) 200-0451 or akelly@montagedeervalley.com, or Ed Rehill, Prudential Utah Real Estate, (435) 200-0452 or erehill@montagedeervalley.com.

About Montage Residences Deer Valley
Eighty-one private residences atop the 174-room Montage Deer Valley, opening Winter 2010/2011 in the year-round community of Park City, Utah, will be the ideal "base camp" for homeowners who wish to enjoy an active outdoor lifestyle in what promises to become North America's premier mountain resort destination. Reminiscent of the great lodges of the early 1900s, Montage Deer Valley is a refined Mountain Craftsman resort that complements its majestic Wasatch Mountain setting. Residence owners will have access to the resort's extensive 24-hour services, amenities and engaging all-season recreational programs that make the most of its location amidst thousands of acres of wooded forest, with ski-in, ski-out access to Deer Valley Resort. The 81 private residences, of which 49 are furnished, will be appointed with estate-quality finishes, gas fireplaces, five-fixture stone bathrooms, state-of-the-art technology and expansive windows that bring the pristine outdoors in. Multiple one- to four-bedroom floor plans can easily accommodate couples, families or multiple generations. A residential concierge team will be on-hand to assist with any household matter, from grocery stocking or housekeeping to travel plans or entertaining, and an owner's lounge will provide a comfortable space to gather before or after the day's activities. Culinary options, with signing privileges for owners, will include an all-day dining restaurant with fireplaces and après-ski terrace, a casual bistro with brick oven pizza and bowling lanes, billiards and darts, and a welcoming lobby lounge offering specialty fare and beverages. Residents may also order from the resort's 24-hour in-room dining menus, or arrange for a chef to cook in-residence. A 35,000-square foot spa with lap pool will offer mountain-inspired treatments and daily fitness classes, while the outdoor terrace will feature a large swimming pool and spas. More than 15,000-square-feet of interior meeting space and seasonal outdoor event lawns, will be the perfect setting for memorable family celebrations or productive business meetings. www.montagedeervalleylife.com

Montage Deer Valley is owned by affiliates of Ohana Real Estate Investors (OREI), Montage Hotels & Resorts and The Athens Group. In addition to Montage Deer Valley, OREI also owns a portfolio of luxury hospitality assets including Montage Beverly Hills, Montage Laguna Beach and real estate parcels in Los Cabos, Mexico; Kauai, Hawaii; and Northern California. www.ohanare.com.

About Montage Hotels & Resorts, LLC
Montage Hotels & Resorts, LLC is a hotel and resort management company founded in 2002 by Alan Fuerstman. Designed to serve affluent travelers and homeowners, the company features an artistic collection of distinctive hotels, resorts and residences in stunning settings that offer comfortable elegance, a unique sense of place and spirit, impeccable hospitality and memorable culinary, spa and lifestyle experiences. Montage Laguna Beach, the company's flagship oceanfront resort, opened in the vibrant arts community of Laguna Beach, California, in 2003. Montage Beverly Hills, the company's second hotel, opened in Beverly Hills in 2008 and was the first Gold LEED certified hotel and residences in Southern California. The newest property under development is Montage Deer Valley in Park City, Utah, scheduled to open in 2010. www.montagehotels.com.

Notes: The Hotel owner uses the Montage brand name and certain Montage trademarks under a limited, non-exclusive, and non-transferable license from Montage Hotels & Resorts LLC. This is not a solicitation for purchasers of Residences in any state where the offering has not been registered or where the offering does not qualify for an exemption from registration. Although construction of the resort is underway, the final design of the facilities, including the Hotel, Residences, spa and other recreational facilities, has not been completed. Accordingly, the possibility exists that changes and/or modifications will be made to the development, design and layout. Access to and rights to use recreational amenities
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