Industry News
A Deer Valley mansion featuring its own private gondola has sold for over $50 million, setting a new record for Utah’s most expensive home. Situated in the exclusive gated community of Deer Crest, this newly constructed ski-in/ski-out property showcases next-level luxury in one of North America’s most prestigious resorts. Originally listed at $65 million, the home was marketed by Paul Benson and Engel & Völkers Park City and drew intense interest from ultra-wealthy buyers.
Deer Valley is synonymous with luxury, offering travelers and residents top-tier resort experiences at brands like the St. Regis and Montage. Beyond its impeccable skiing, the area is a year-round destination for hiking, mountain biking, and dining. The estate, now the crown jewel of Deer Crest, capitalizes on this appeal with its proximity to pristine ski runs and panoramic views of Jordanelle Reservoir, Bald Mountain, and the Uinta Range.
Designed by Michael Upwall, renowned for his “Mountain Craftsman” aesthetic, and built by McNulty Construction, the 21,378-square-foot mansion is a marvel of architectural ingenuity. The geometric façade of massive angled windows ensures every room captures the surrounding alpine beauty. The interior, with its light oak floors, vaulted wood ceilings, and expansive glass walls, strikes a balance between the relaxed charm of a ski retreat and the sophistication of an ultra-luxe residence.
Amenities abound, including seven bedrooms, 16 bathrooms, and a host of recreational features. There’s an NBA-sized basketball court, a two-lane bowling alley, a Dolby Atmos theater with a starry ceiling, and a climbing wall that redefines “home gym.” Other highlights include an indoor pickleball court, a games lounge, a golf simulator, and a wine room lined with glass cabinets. Even the staircase commands attention, with a construction cost of $1.6 million.
The pièce de résistance for skiers is the private gondola, one of only three in Deer Valley. Accessed through a motion-sensored ski prep room with custom storage, the Skytrac gondola whisks residents to the Navigator run on Bald Eagle Mountain in minutes. This shared gondola, lined with smoked glass and rail-mounted for smooth operation, provides unparalleled slope access—a rare feature even in Deer Valley.
The home’s outdoor spaces are equally impressive, with multiple terraces, a fire pit, and a curved infinity pool and spa. All are designed to maximize views of the surrounding mountains. Whether relaxing in the heated pool or enjoying après-ski on the wraparound deck, every detail caters to the high expectations of Deer Valley’s elite residents.
The buyer, reportedly from the East Coast and already owning property nearby, is part of a growing pool of ultra-wealthy individuals seeking trophy properties in exclusive mountain destinations. Doug Bergeron, the seller and former CEO of VeriFone Systems, noted that homes like this appeal to those willing to pay a premium for excellence and privacy.
Related: Deer Valley, UT, Mansion with Private Gondola for Sale at $19 Million
This sale underscores Deer Valley’s status as a haven for luxury living, where cutting-edge design meets alpine adventure, creating a lifestyle few can imagine—let alone afford.
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