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Goldener Hirsch condos, 2015 stats, Mira Nakashima, and a 1957 Ferrari
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Goldener Hirsch Hotel planning condo phase in Park City, Utah [Feb 2016 Newsletter]
Happy (end of) February!

There are half a dozen new construction developments coming online right now but I am particularly excited about the Goldener Hirsch. A longtime Deer Valley staple, the Goldener Hirsch hotel is planning to build a condo phase on the last developable parcel in Silver Lake. Very early in the planning process, but you can click here for more information. There will be significant marketing and surely a reservation process that will sell out quickly, so if there is a GLIMMER of interest in this project, sign up so I can keep you abreast as information trickles out. 

Sign up for news on this project as it is released: http://eepurl.com/bRCS1z

If you need me on a Tuesday afternoon you'll find me in the Park City Museum, where I am thrilled to be volunteering. This fantastic facility only has five (FIVE!) employees, so they rely heavily on volunteers to help carry the load of preserving and promoting our town's heritage. If you haven't visited the museum DROP EVERYTHING AND GO NOW. Being 45 minutes from an international airport isn't everything that makes Park City unique. Do you know why you can hear an air raid siren in Old Town every night at 10 PM? It's the 10 o'clock whistle and was used to test the emergency alert system and later, for curfew. Do you know which Park City mine added considerably to the Hearst--as in William Randolph--fortune? WRH's father, George, saw $17M in silver mined from the Ontario Mine, the one you can see on the side of the Mine Road on the way up to Silver Lake and Empire Pass. I AM MAYBE A LITTLE PASSIONATE ABOUT THIS. And who wouldn't be? Park City is a spectacular place with fascinating history, and every house, every building, every parcel tells a story, particularly in my favorite neighborhood, Old Town.

I'm still working my way through Awaken the Giant Within, by Tony Robbins, but I have noticed a fantastic and measurable difference in my concentration. What a funny thing; we assume we read, right? I read the news, I read contracts, I read hundreds of emails, but it is a different and much more pleasurable thing to sit down with a bound book and let your eyes pull shapes together into meaning. While I'm very much enjoying my commitment to reading actual books, I have also been listening to audiobooks in the car through Audible.com. This month I finished off an old book club book, How to be a Power Connector, in only about a week. It's like high-efficiency driving, so you know I love it. For my next audio book will also be a book club book, Thrive, by Arianna Huffington, and I'm quite excited to know that I will have it finished well before we meet. Now I just have to (get to) decide what to read after that!

xo
Kristina

REAL ESTATE NEWS :: 2015 Year-End Statistics

You know I'm a sucker for statistics, right? Well I have a doozy of a report for you this month. Single Family Homes in the Park City Proper area saw a median price of $1,515,000, condos at $605,000. Single Family Homes from the Canyons to the Junction saw a median price of $885,000, condos at $400,000. Here we have 2015's year-end review in what is likely the most attractive statistics report ever made. (Probably.)
 

Sotheby's LogoSotheby's International Realty is of course the real estate branch of the Sotheby's auction house.

Sotheby's auctions are just as romantic and exciting as you'd think they would be, and if you're in town (New York, Paris, Hong Kong, etc.) you can drop in and check out the current offerings. If you'd like to bid on an item, you can do so during an auction in person, but why not take advantage of the pantsless comfort of your own sofa by calling it in or bidding online (and course, selling is just as easy). If you'd like to just watch a live auction in similar comfort, watch one live online. The next live auction is March 2 in London, Deborah, Duchess of Devonshire: The Last of the Mitford Sisters.

Also on March 2 in New York is a collection very close to my heart, Design. I dare you not to get lost browsing the lots. A good variety of beautiful things from 130 years of design, including French Art Nouveau, Art Deco and American Modernism. And closest to my heart is the significant furniture pieces being offered, particularly 9 Nakashima pieces (3 George and 6 Mira), including this stunning Monumental Dining Table, valued between $40k-60k.

Also, if you don't follow Sotheby's on Instagram I highly recommend you remedy that, full of gorgeous photos and also properly dry humor.

The next RM Sotheby's auction is March 12, the Amelia Island Concours d'Elegance. Once again, it was like pulling teeth trying to decide which car to show you; I finally settled on this beauty, a 1957 Ferrari 250 GT Berlinetta 'Tour de France', "price available upon request." (!) There is also a 1963 Shelby 289 Cobra, estimated value at $950k-$1.2M. Oh oh and get a load of this clutch-your-chest-and-gasp 1962 Ferrari 400 Superamerica LWB Coupe Aerodinamico by Pininfarina, estimated value at $2.7M-$3.3M.

Remember what I said about being able to bid from your sofa? Well, January's Arizona auction featured a jaw-dropper of a 1955 Mercedes 300 SL Gullwing, which sold for $1.2M in an online bid THE FUTURE IS NOW. 

Photos courtesy of Sotheby's and RM Sotheby's.

IN THE KNOW :: Park City Open House Tour

Wednesday is the weekly open house tour day for the Park City Board of Realtors. If you have your eye on an area, this is a good opportunity to get out and take a look. Click below if you'd like to receive the tour schedule in your inbox every week.
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Kristina Watkins | Summit Sotheby's International Realty
625 Main St | PO Box 2370 | Park City, UT 84060 | 435-655-1865
kristina@kristinawatkins.com | thisisyouradventure.com

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Copyright © 2016 Kristina Watkins, Summit Sotheby's International Realty Park City, All rights reserved.


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