Promontory Park City Home - Best Buy For Value Investors!
In a market like Promontory where most homes are trading from $1000 to $1600/sq ft, it's rare to find a premium home available at a steep discount vs. most other Promontory homes. So when we identified this beautiful 7160 sq ft home up near the top of Promontory and confirmed it has a golf membership available, we couldn't help but gasp at what a great value it is compared to other nearby homes!
Walk Through Video of 3058 Wapiti Canyon Rd
Walk Through Video of 3058 Wapiti Canyon Rd
Promontory Homes Prices Per Sq Ft Compared
The table below shows what an incredible value 3058 Wapiti Canyon Rd is compared to all the other Promontory homes on the market today that also have a full golf membership available.
So What's the Catch? Why is this Promontory Home Priced so Low?
We walked through it, and it's a great home with good bones. The golf course views are excellent. The orientation looks north so you can enjoy some afternoon shade on the decks vs. getting pounded by the strong afternoon sun. Could you change some paint or tile? Absolutely. Could you add some value by updating the furnishings and some interior appointments, sure. Watch the youtube video link above to explore the floor plan, finishes, and views of 3058 Wapiti Canyon Rd in Park City, Utah.
Don't Get Tricked or Trapped By the Promontory Membership Waiting List
The way memberships work at Promontory, you can only join whatever level of club membership the current owner of a home enjoys. If they only have a social membership, you can't get a full golf membership without going on the waiting list and waiting years...or decades. With over 150 families on the waiting list for a golf membership and less than a handful coming off the waiting list each year, that could require some real patience--maybe even for your heirs! The current owner of 3058 Wapiti Canyon Rd has a full active golf membership, which means the next owner of this home can get a golf membership right away and bypass the waiting list!
Here's a link to the full listing details of 3058 Wapiti Canyon Rd, including photos, details and description.
Posted by Erik Asarian on
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