Bids for Utah mountain retreat peak at $4.2 million
Robust auction bids for a mountain retreat in Utah peaked at a purchase price of $4.2 million.
Heritage Luxury Real Estate Auctions conducted the March 1 auction on the premises of the five-bedroom, eight-bathroom mansion in Park City, Utah. The property also has five fireplaces, heated walkways and a heated driveway.
The auction company said in a press release that 10 qualified and fully vetted bidders competed for the residence.
Marketing material for the 7,900-square-foot residence on a six-acre site included a video full of aerial images of the property, part of a gated community called The Colony.
Heritage Luxury Real Estate Auctions reported that the property’s dedicated website got more than 18,500 visits and the company’s staff hosted more than 30 previews.