The Utah County real estate market is on fire this summer — sales are up, prices are up, the number of listings is down and so is the number of days that properties are spending on the market.
Prices for homes are up 7 percent, prices for condos are up 10 percent and sales year-to-date (as of June) are up 22.5 percent, according to the Utah Central Association of Realtors.
Taylor Oldroyd, CEO of the Utah Central Association of Realtors, said several factors are playing into the hot real estate market — the economy in Utah is doing well, people are confident in their jobs and there aren’t a lot of homes on the market.
“Inventories have remained low, so anytime that happens we expect things to get heated up a little bit,” he said. … “I don’t see anything slowing it down.”
So get out your checkbook, get your financial documents in order, call your Realtor and/or mortgage broker — whatever you need to do, because while these homes are the highest-priced on the market, they might not be available for much longer.
1. $35 million Hobble Fork Canyon estate
This six-bedroom, 12-bathroom, 49,568 square-foot, 185.33-acre property is — by far — the most expensive house on the market in Utah County. And its description reads more like a hotel than a family home: It has an indoor pool with lazy river and waterfall, indoor shooting area, bowling alley, movie theater, indoor basketball court, an elevator so you don’t have to tire yourself on the stairs and more.
Oh, and the price has been reduced. Learn more here.
2. $17.9 million South Fork beauty
Removed by request.
3. $9 million new Sundance house
Though this home is listed as five bedrooms and six bathrooms (and 15,200 square feet), right now it’s an empty .89-acre lot ready for your dream home. The property is part of the Ridge Lots at Sundance Preserve and is a ski-in, ski-out lot within walking distance of the resort and all its amenities. Learn more here.
4. $8.9 million mountain home
With seven bedrooms and nine bathrooms, this 8,448 square-foot home has a gourmet chef’s kitchen with state-of-the-art appliances. It also has stunning views of Mt. Timpanogos from the second level, where there’s a stone fireplace, another kitchen and large windows. Learn more here.
5. $8 million Hobble Creek hideaway
This 26,000 square-foot home sits on 100 acres in Hobble Creek Canyon, where the owners can hunt, ride horses or have fun on the playground. There’s a theater room, basketball court, swimming pool and exercise room, along with eight bedrooms and 12 bathrooms. Learn more here.
6. $5.9 million Sundance getaway with views
With six bedrooms, six bathrooms, two kitchens and two living areas, this 6,900 square-foot house is the only home in Sundance built with steel and concrete construction. It also boasts 5,000 square feet of decks and patios with views of Stewart Falls, Mt. Timpanogos and the Sundance Resort as well as a stream that runs through the 1.26-acre property. Learn more here.
7. $5.9 million Mapleton rambler
This house sits on a gated 5-acre estate with views of Maple Mountain. There’s the main house, pool house, guest house, greenhouse and a home for the caretaker. It has 11 bedrooms, 12 bathrooms, five kitchens and 14 garage bays. The property features natural stone courtyards and patios, too. Learn more here.
8. $4.75 million Hobble Creek home
Fifty acres, a pond stocked with fish, tennis court, a river and an RV garage — this property is made for recreation. The house itself has five bedrooms, eight bathrooms, two offices, a sauna, library, theater room and a stream that flows under the walkway to the master suite. Learn more here.
9. $3.999 million Provo two-story
With 16,535 square feet, this house has five bedrooms, eight bathrooms, two laundry rooms, an elevator, chef’s kitchen and theater room as well as 300 feet of frontage along the Provo River and a river island. It’s in a gated neighborhood and the views of the mountain and river won’t be obstructed ever, according to the listing. Learn more here.
10. $3.5 million Eagle Mountain rambler
Four bedrooms and three bathrooms aren’t unusual for a house in Utah County, but this one sits on 64.93 acres and includes two shops, a conditional use permit for a construction yard and an indoor arena with 17 attached stalls. It also has a mother-in-law apartment, walk-in safe and ATV and horse trails that can be accessed from the property. Learn more here.