Positioned directly on one of Deer Valley Resort's newest trails, Olive Branch, this five-bedroom slope side residence delivers true ski-to-your-hot-tub living, with direct access to world-class terrain via the Neptune Express chairlift. Velvaere's Paired Residences are thoughtfully designed to blend modern alpine luxury with a strong emphasis on well-being and connection to the surrounding outdoors. Interiors are defined by floor-to-ceiling windows, custom-cast Rocky Mountain Hardware, natural stone floors and countertops, limestone plaster walls, and integrated wellness systems, including Ketra circadian lighting and advanced air and water purification in every room. Fully integrated smart-home technology enables voice-activated control of lighting, climate, and audio-visual systems for effortless ownership. Velvære is a gated, intimate enclave of 115 residences, privately set into the slopes of Deer Valley East Village and served by a dedicated high-speed chairlift offering direct, uncrowded access to the full Deer Valley trail network. Owners ski directly to the lift--bypassing base areas and day-skier traffic--for first-track mornings and seamless, full-mountain skiing. State-of-the-art snowmaking further supports reliable slope conditions. Ski access begins this winter, with private clubhouses anticipated to open in Spring 2027. Membership includes exclusive access to 24,000 square feet of world-class amenities across two private clubhouses. Highlights include a private ski beach with après lounge and ski and bike valet, outdoor pools, peak-performance training and advanced recovery programming, and a full-service spa. Additional offerings include a family-focused game room with multi-sport simulator, a Zen garden, on-demand transportation, and a private boat club on the Jordanelle Reservoir. This is a rare opportunity to secure both an exceptional lifestyle and enduring long-term value, as demand for wellness-focused, slope side living accelerates.
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Zillow last checked:
Listing updated:
Listed by:
Christina P Baheri703-593-3680,
Summit Sotheby's International Realty ,
Julie Halverson Wood801-699-6992,
Summit Sotheby's International Realty
Source: PCBR,MLS#: 12600040
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 7
Full bathrooms: 5
1/2 bathrooms: 2
Heating
ENERGY STAR Qualified Boiler, Fireplace(s), Heat Pump, Radiant Floor, Zoned
Cooling
Air Conditioning, Central Air
Appliances
Included: Other, Disposal, Electric Range, ENERGY STAR Qualified Refrigerator, Freezer, Microwave, Oven, Washer/Dryer Stacked, Gas Water Heater, Water Purifier, Water Softener Owned
Features
Elevator, High Ceilings, Double Vanity, Kitchen Island, Open Floorplan, Sauna, Ski Storage, Steam Room/Shower, Walk-In Closet(s), Wet Bar, Other, Breakfast Bar
Utilities for property: Cable Available, Electricity Connected, High Speed Internet Available, Natural Gas Connected, Phone Available, See Remarks
Community & HOA
Community
Features: Ski to Door, Ski Into Project, Ski Out of Door, Ski Out of Project, Ski Slope - Named Trails
Security: Fire Pressure System, Prewired, Smoke Alarm
Subdivision: Velvaere
HOA
Has HOA: Yes
Amenities included: Clubhouse, Fire Sprinklers, Fitness Center, Pool, Sauna, Shuttle Service, Ski Storage, Steam Room, Other, Spa/Hot Tub
Services included: Com Area Taxes, Maintenance Structure, Maintenance Grounds, Management Fees, Reserve Fund
HOA fee: $5,760 annually
HOA phone: 559-367-3134
Location
Region: Park City
Financial & listing details
Price per square foot: $1,514/sqft
Annual tax amount: $1
Date on market: 1/6/2026
Cumulative days on market: 532 days
Listing terms: Cash,Conventional
Electric utility on property: Yes
Road surface type: Paved
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$4,919/mo
Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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