Deer Valley Ski-In/Ski-Out Condominium to Be First New Development Real Estate Auction in Park City, Utah

Online, December 10, 2009 (Newswire.com) - PARK CITY, UT (Dec. 10, 2009) - Accelerated Marketing Partners (AMP) will conduct Park City, Utah's first-ever new development real estate auction when it auctions eight homes priced over a million dollars at Ironwood Resort Development's Silver Strike Lodge at Empire Pass, a ski-in/ski-out condominium in the heart of Deer Valley®, North America's #1 ranked ski resort. Minimum bids will start at $1.150 million, up to 55 percent off last asking prices, which were as high as $3.295 million.

The real estate event will take place on Sun., Jan. 17 at 5 p.m., at the Stein Eriksen Lodge, located at 7700 Stein Way in Park City, just a few days before the start of the 2010 annual Sundance Film Festival, also taking place in Park City.

"When we first launched Silver Strike Lodge at Empire Pass in 2006, we sold nearly half of the building at the grand opening," said Matt Mullin, principal of Ironwood Resort Development, the developer. "Our company has always started a project by listening to our clients' needs and by building what they want and not by what we think they want. While we may be in a different market than when the project was unveiled, this same philosophy will still drive our decisions. With this auction, we will be accepting what our buyers determine homes at Silver Strike Lodge at Empire Pass are worth in today's market."

Advanced registration for the event is required, and the auction information center and model residences will be open daily through Jan. 16 at 8902 Empire Club Drive.

Residents of Silver Strike Lodge at Empire Pass enjoy a host of fine amenities, including a two-story lobby with fireplace and hearth seating; owner's lounge with fireplace and serving bar; fitness room; ski locker room; sport storage lockers; heated, outdoor plaza with spa pools and warming fire pit; and a full-time concierge, lodge manager and complimentary car service.

For all winning bids, the developer will also cover a $100,000 membership activation fee to the exclusive Talisker Club, designed by Robert A.M. Stern and named Robb Report's #1 "Best of the Best: Mountain Resort Community" and ranked #8 on Travel + Leisure Golf's "America's Top 100 Golf Communities" list. Membership provides access to world-class skiing, golf and all other outdoor activities on the club's +10,000-acre property. Members also gain access to the club's mountain restaurant and clubhouses, with elegant dining lodge, spa and fitness services.

"The auction for Silver Strike Lodge at Empire Pass will be the catalyst that Park City needs to bring homebuyers off the sidelines to determine value and accelerate absorption," said Ken Stevens, west coast CEO and co-founder of AMP.

The two two-bedroom-plus-den residences to be sold at auction are approximately 1,693 square feet and have minimum bids starting at $1.150 million. These homes had last asking prices up to $2.375 million. One 2,487-square-foot, two-story penthouse will also be offered, complete with two bedrooms, a den, loft and media room, as well as vaulted ceilings and breathtaking views of Bald Mountain and the Deer Valley® resort area. This residence has a minimum bid of $1.495 million and had a last asking price of $3.295 million.

The two three-bedroom-plus-den homes to be sold at auction are 2,181 square feet and have minimum bids of $1.425 million. These homes had last asking prices of $2.825 million.

The three four-bedroom residences to be sold at auction are approximately 2,271 square feet and have minimum bids of $1.495 million. These residences had last asking prices up to $3.075 million.

Located above Park City's Historic Main Street and on the slopes of Deer Valley® Resort, Silver Strike Lodge at Empire Pass is rich in rustic elegance and functional design and has been constructed with rough-sawn timbers, rustic stone and copper. The building has 34 homes with interiors that reflect the natural splendor of the surrounding mountains and feature detailed millwork, beams and trusses, as well as expansive entry foyers lined in rich stone and knotty alder.

Gourmet kitchens boast custom cabinetry, slab granite counters and top-of-the-line appliances, including Viking stainless dual fuel ranges, refrigerators/freezers and dishwashers. Spacious baths feature steam showers with benches, deluxe jetted spa tubs, private water closets, and heated floors.

Located at the base of Deer Valley's® Silver Strike Express Chairlift, Silver Strike homeowners have direct access to more than 21 lifts and the meticulously groomed slopes of the Upper Deer Valley® Resort. First tracks are the norm when you start from Silver Strike. Because less than 10 percent of the Empire Pass community within Deer Valley® will ever be developed, its handful of developments will also always complement their surrounding environment.

Park City and Deer Valley® are conveniently located less than 45 minutes away from the Salt Lake City Airport, and are easy to get to in all weather via Interstate 80.

Will Lange of The Lange Group at Prudential Utah Real Estate is the broker of record and will be collaborating with AMP and Ironwood Resort Development in the weeks leading up to the auction.

For more information on the Silver Strike Lodge at Empire Pass auction, please call 1-888-982-8988 or visit www.auctionsilverstrike.com.

Accelerated Marketing Partners (AMP)
Accelerated Marketing Partners, a full-service residential real estate firm with offices in Boston, San Francisco and Irvine, Calif., specializes in the development and implementation of both accelerated and conventional marketing and sales programs. The company has brought together the industry's most seasoned professionals with decades of experience providing strategic marketing solutions for residential real estate developments nationwide. Accelerated Marketing Partners offers comprehensive integrated services including detailed marketing analysis, management of on-site sales initiatives and accelerated marketing campaign development and implementation. For more information, please visit www.acceleratedmp.com.

Ironwood Resort Development
Ironwood Resort Development is a premier luxury residential development company with a long history of successful projects throughout ski towns in Colorado and Utah. Beginning in 1988, Ironwood Resort Development has always built at the absolute top of the markets they enter. With great time and effort committed to architecture and materials selection, their projects have been highly regarded both locally and nationally. For more information, please visit www.ironwoodresorts.com.