Additional information can be provided to qualified buyers. Riverbend Ranch, a 2,670-acre estate outside of Park City, Utah, just became the most expensive home sale in Utah's history. The estate also has over 4,000 square feet of deck space, a theater room, an oversized built-in hot tub in the basement, a seven-bed bunk room, a gourmet kitchen and a master suite. The home also has dozens of security cameras, as well as a safe room with double reinforced concrete, a bathroom and fridge. Hobble Creek Ranch is in a league of its own. Its grand entry features marble floors, metal railings, intricately carved moldings and a crystal chandelier. This is it! he says. We use cookies to help make UtahRealEstate.com better. Even as mortgage rates hit the highest rates seen in decades, luxury real estate agents say they still expect demand to persist though perhaps not at the same rates seen over the past two years, after the COVID-19 pandemic set off a housing frenzy that made Americans hungry for more space. $48,000,000 - 3,387 acresAvailable 7 beds 7 full baths 3 half baths 17,493 Sq.Ft. 3% - The listing broker's offer of compensation is made only to participants of UtahRealEstate.com. Ive never seen anything like it in Utah. A ranch with more than 3,387 acres as its backyard is now Utahs most expensive home. $2,743/sqft. UtahRealEstate.com. Youve got complete privacy, total isolation, the beautiful Wasatch Mountains, Oman says. Oman says the ideal buyer would be someone who wants a private place to get away in the woods. Additional information can be provided to qualified buyers. Its rare, though, that the two combine, with a home this opulent on a spectacular piece of property. Visitors enjoy exploring local trails. (adsbygoogle = window.adsbygoogle || []).push({}); (adsbygoogle = window.adsbygoogle || []).push({}); 533 N Left Fork Hobble Creek Cyn Springville, Utah 84663 United States. 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We post all the latest million dollar homes & mansions to hit the market from all over the world. Site identification number Each site in the USGS data base has a unique 8- to 15-digit identification number. The home also caters especially to skiers, offering an easement to provide unique, easy access to the base of the Tombstone lift at Park City Mountain Resort. This home is located in Utah County and schools near this property include Hobble Creek Elementary School, Mapleton Jr Middle School, Springville High School and is located in the Nebo School District. USGS. It offers a truly unique proposition-a stunning estate home with a backyard playground extending over 3,387 acres (over 4.5 miles wide) of spectacular recreational lands. This 3,387 acre ranch, dubbed Hobble Creek Ranch, is located at 533 N Left Fork Hobble Creek Road in Springville, Utah. The location is really special. Hobble Creek Ranch has been waiting for its next buyer for quite some time, as its been sitting on the market for over 620 days now, according to its listing. Its one-of-a-kind, said the homes listing agent, Jean Tanner of Summit Realty. Utahs most expensive home currently for sale is Hobble Creek Ranch, listed for $48 million. This website is using a security service to protect itself from online attacks. This is that unique opportunity, where theyre both together, he says. Copyright 2020 Scripps Media, Inc. All rights reserved. It is situated on a vast 75 private acres and is gated. Ski and snowshoe equipment is available for rent, along with tubes for the tubing hill. It offers a truly unique propositiona stunning estate home with a backyard playground extending over 3,387 acres. The course's altitude and shorter holes give permission to hit away, but be careful. This home is located in Utah County and schools near this property include Hobble Creek Elementary School, Mapleton Jr Middle School, Springville High School and is located in the Nebo School District. VIEW: Hundreds of more photos of Hobble Creek Ranch. The home sits behind two gates and is surrounded by nearly 20 beautifully manicured acres, according to its website. Its really been an incredible shift in buyer demand for the most exclusive homes in our market.. Every element of the home was built to the highest standards, and the finish work and detail are unrivalled. Hobble Creek Ranch in Springville is the ultimate dream home with seven bedrooms, 10 bathrooms and an incredible property featuring ponds and access to thousands of acres of forest service. 17,493 sqft. One of the most magnificent properties in the Western United States with a backyard playground extending over 3,300 acres of spectacular recreational lands has hit the market in Springville, Utah for $48 million. Hobble Creek Ranch is one of the most magnificent properties in the American West. Whats happened specifically in Utah is a combination of the great migration meets the brand new, beautiful, awesome airport, meets continued tech job growth or high-paying job growth, Benson said. Hobble Creek Ranch is situated at the end of a paved road in Hobble Creek Canyon, which is about an hour from Salt Lake City and Park City, and about twenty minutes from a private airport. . The price for Utah's most-expensive home currently on the market is roughly 12,700% higher than the state . Premier Event Venues in Utah. Comments or Concerns on Value/Appraisal - Assessor's Office Documents/Owner/Parcel information - Recorder's Office Address Change for Tax Notice This page was created on 4/22/2023 3:16:54 PM . (adsbygoogle = window.adsbygoogle || []).push({}); One of the most magnificent properties in the Western United States with a backyard playground extending over 3,300 acres of spectacular recreational lands has hit the market in Springville, Utah for $48 million. Available. The backyard alone covers 3,387 acres which are perfect for cattle and horses. This rendering shows a to-be-built nine-bedroom, 14-bathroom home for sale at a lot in the Bald Eagle community in Park City, Utah. This 12,377-square-foot mountain estate in Woodland, Utah is for sale for $25.9 million. So the money is still coming.. Pre-pandemic, the Park City market would see less than five sales per year over $10 million. But theyre out there, he said, and the home has garnered interest from both in-state and out-of-state shoppers. The home features approximately 17,493 square feet of living space with 7 bedrooms, 10 bathrooms, 2-story foyer with double staircase, formal living & dining rooms, 2-story great room, gourmet kitchen, breakfast room, family room, 2-story office, home theater, gym and more. Springville, UT 84663. Lots of options with this off grid land! Engel & Vlkers advisor Paul Benson, who brokered the sale, told. By using this website you agree to the terms of our Cookie & Privacy Policy. Engel & Vlkers advisor Paul Benson, who brokered the sale, told Business Insider that the estate sold for $32.5 million to Nikola Motor CEO Trevor Milton. You can email the site owner to let them know you were blocked. Just that mentality has people less scared than Ive ever seen in a moment like this. Hobble Creek Ranch is on the market for $48 million with Kerry Oman of Summit Sothebys International Realty. Hobble Creek Ranch: 3,387 Acres Offered at $48,000,000 Hobble Creek Ranch: At a Glance 17,493 SF Main House 7 bedrooms 10 bathrooms Built in 2007 2 bedroom guest house Indoor swimming pool Tennis court Nearly 20 acres of manicured grounds The Land: At a Glance Approximately 3,387 acres Upper garages with 11 Bays Huge hay and storage barn Hobble Creek Ranch is one of the most magnificent properties in the American West. He said wealthy people, typically with well over $100 million in the bank, have been telling him it was very easy through investments and stocks to make a minimum of 20% on your money or even double your money in the past few years., Thats why Benson doesnt think the luxury market will slow down significantly anytime soon even as the economy takes a turn. The property features seven ponds with water rights and controls access to over 10,000 acres of Forest Service lands. About this home. Hobble Creek Ranch is one of the most magnificent properties in the American West. Tools. Several more acres of federal land sit between this property and the tall peaks of the Wasatch Mountains. The 2,670-acre estate is half an hour from Park City, Utah, and features a helipad. Park City, home to many of these luxury properties and Utahs most cash-rich buyer market, saw an explosion in luxury sales over the past two years, Spencer told the Deseret News. There are a lot of great homes, and then theres beautiful land. Search more homes for sale in Springville, UT. Theres also a 2,500-square-foot guest house above a detached four-car garage. 9 Baths. The property has substantial water rights with several ponds and it controls access to over ten thousand acres of forest service lands. $49M Ocean Dream in the Hamptons Is the Weeks Most Expensive New Listing, The Barn, Utahs Most Expensive Home at $25M, Is Unlike Any Barn Weve Ever Seen, Built Into the Red Rock, This Moab Masterpiece Is a Must-See, For more photos and details, check out the. This is a working ranch, specializing in breeding and training Quarter horses for professional cutting. The campground contains four tent-only group sites, three of which accommodate up to 75 people each; the other up to 50 people. Hobble Creek Ranch is in a league of its own. The $29 million homes 14,000-square-foot floor plan features nine bedrooms, 14 bathrooms, a home office and library, a four-car garage, an indoor racquetball or pickle ball court, and a golf and race car simulator. Combine that with the national and local housing shortage and, as crazy as these prices sound, Benson said, Utahs market is still more affordable than other popular destinations like Jackson, Wyoming, or Vail, Aspen or Telluride in Colorado. By clicking Sign up, you agree to receive marketing emails from Insider The 3,387-acre estate is located up the left fork of Hobble Creek Canyon in Springville, Utah. The property has substantial water rights with several ponds and it controls access to over ten thousand acres of forest service lands. But theres another home on the Utah market that could shatter that record by nearly $10 million if it sells for its asking price of $48 million. Theres also large detached garage, tennis courts, plus a poolhouse with a hot tub and sitting area. View all 59 pictures.
Currently, Utah ranks 11th nationally for states with the most expensive homes currently for sale, with credit going to the Hobble Creek Ranch listing, according to a list compiled by the real estate site Point2. 7 Beds. The 30,386-square-foot Magnificent Manoir Du Verger estate is for sale in Orem, Utah. Hobble Creek Ranch is situated at the end of a paved road in Hobble Creek Canyon, which is about an hour from Salt Lake City and Park City, and about thirty minutes from a private airport. Every element of the home was built to the highest standards, and the finish work and detail are unrivaled. One of the most magnificent properties in the Western United States with a backyard playground extending over 3,300 acres of spectacular recreational lands has hit the market in Springville, Utah for $48 million. Hobble Creek Ranch, 3,387 acres in Utah County, Utah offered at $48,000,000. They may soon be listed for sale. A risk assessment or inspection for possible lead-based paint hazards is recommended prior to purchase. PHOTOS: Get an inside look at Hobble Creek Ranch. Hobble Creek Ranch is in a league of its own. Just a little way up the left fork of Hobble Creek canyon lies a large what appears to be horse arena or maybe it's a home? The 50,738 square foot home is situated on a bluff with jaw-dropping . Hobble Creek Ranch in Springville is the ultimate dream home with seven bedrooms, 10 bathrooms and an incredible property featuring ponds and access to thousands of acres of forest service land. Real estate agents specializing in multimillion-dollar homes told the Deseret News the luxury market isnt immune to stock market fluctuations and other economic conditions but they also say the market remains strong, with many buyers who typically pay cash for these multibillion-dollar properties. The lower level, the entertaining space, has a kitchen with new appliances designed to look vintage, as well as a theater room. Auctions Foreclosed These properties are owned by a bank or a lender who took ownership through foreclosure proceedings. Floor to ceiling glass allows the outside to flow inside of the home and brings in an abundance of natural light while capturing views of the surrounding mountain peaks.. The creek was christened after a colorful French-Canadian Joseph Marie LaBarge an ancestor of Pulitzer-prize winning Wyoming author, Annie Proulx. The homes 11,854-square-foot floor plan features seven bedrooms, 10 bathrooms, a bunk room, executive office and library. No expense was spared in the 4 year build of this incredible cabin. For those of you that are unfamiliar with Cutting horses, it is the horses that are trained to cut out a calf from a heard. Ft. Stein Eriksen Lodge is one of the most prestigious and expensive hotels in Park City and Utah as a whole. It boasts a main house, detached garage/guest house, building with indoor pool and more. It also has an attached three-car garage. Terms of Use Every element of the home was built to the highest standards, and the finish work and detail are unrivaled. A Park City ski chalet that sold for $22.5 million earlier this year previously held the record for most expensive home sale in Utah. Lead poisoning in young children may produce permanent neurological damage, including learning disabilities, reduced intelligence quotient, behavioral problems, and impaired memory. Hobble Creek Ranch was originally built in 2007 as a vacation home for its current owners, who now live in it as their primary residence, according to Oman. 252 Hobble Creek Cyn Springville, UT 84663 POSSIBLE OWNERS & RESIDENTS Stacey Crosby Ray Cosby Brian Crosby D Crosby FEATURES 5.5K sq ft 50 acres 6 beds / 5 baths Built in 1997 $4,642/yr taxes 2 stories 3-4 car garage 16 rooms total 641 Hobble Creek Cyn Springville, UT 84663 POSSIBLE OWNERS & RESIDENTS E Clement B Pope Linda Clement Margaret Pope About UtahRealEstate.com Currently for sale in Utah are a handful of other luxury properties with asking prices that exceed $25 million. All information should be independently reviewed and verified for accuracy. Read Hobble Creek Ranch Booklet by Summit Sotheby's International Realty on Issuu and browse thousands of other publications on our platform. The front nine is easier than the back because the back nine fairways are very narrow and are crossed by streams. The floor also has an exercise room, a sauna and steam room, and hot tub. Hobble Creek Ranch is ideally suited for cattle and horses, while the big game elk and deer hunting opportunities are incredible. Heres what that means, The shocking impact of mortgage rates and where Utahs housing market goes from here, wealthy got wealthier at a very much higher rate, How the housing market is yanking the American dream increasingly out of reach, newly redeveloped Salt Lake City International Airport, Utahs top destination communities, Heber City. Hobble Creek Ranch is one of the most magnificent properties in the American West. The home is securely positioned behind two gates and is surrounded by nearly twenty beautifully manicured acres. Forbes valued Milton's ownership of Nikola Motor at $1.1 billion. Especially, he said, because there are also wealthy people out there shorting stocks, making a fortune right now., Very few wealthy people think todays economic turmoil record inflation and surging gas prices and tumbling stock markets will last, Benson said. The ranch varies in elevation from 5,700 feet to over 9,100 feet and has extensive roads and trails that provide access throughout the property. This property also caters to skiers, offering skiing directly off your deck to either Silver Lake Village or Snow Park.. You feel like you are miles and miles away from anyone, yet there is a golf course 10 minutes away and a grocery store 15 minutes away. The ranch varies in elevation from 5,700 feet to over 9,100 feet and has extensive roads and trails that provide access throughout the property. The home is securely positioned behind two gates and is surrounded by nearly twenty beautifully manicured acres. This plot and this home, in particular, is the last piece of dirt left in the exclusive gated community of Bald Eagle, the listings broker, Steve Jury, told the Deseret News. This is immediately evident as you walk in the front door and first see the grand entry with over 20' ceilings, a massive chandelier, and elegant dual staircases. Ft. Fairfield Estates Mansion Asks $14.5M in King, Ontario, Canada, Contemporary 14 Acre Hood Point Estate on Bowen Island, British Columbia, $18.89M Villa Vista Le Lago Perched on Okanagan Lake in Lake Country, British Columbia, $12.58M Architect Robert Lemon-Designed Hamptons-Inspired Estate, 1936 Art Moderne Masterpiece Asks $3.39M on Cedar Lake in Minneapolis, Minnesota, Experience Waterfront Luxury Living in Falmouths The Beach House for $11 Million, Captivating 1920 Cotswold-Style Estate in West Bloomfield Township, Michigan, Pharrell Williams Sells 17,000 Sq. Top editors give you the stories you want delivered right to your inbox each weekday. DMCA Notice Site name This is the official name of the site in the database. Uniquely, a 160-foot tunnel reminiscent of an old mine shaft connects the main house to a detached garage, according to its listing. Visit Business Insider's homepage for more stories. BEDROOMS & BATHROOMS: 7 bedrooms & 10 bathrooms PRICE: $48,000,000 This 3,387 acre ranch, dubbed "Hobble Creek Ranch", is located at 533 N Left Fork Hobble Creek Road in Springville, Utah. It features 6 bedrooms, 12 bathrooms, imported granite and marble throughout, grand double staircase, gym, home theater, indoor shooting range, indoor basketball court, indoor swimming pool with rock waterfall, 2-lane bowling alley and much much more. He said some buyers are interested, and were still continuing to discuss the property with them., You know, everybody wants it, Oman added. Nothing in the state of Utah has ever sold for over $40 million, Oman said, though the recent Park City sale came close. 533 Left Fork Hobble Creek Canyon Road , Springville, UT 84663 - Utah County Ranches Property ID 9164867 Hobble Creek Ranch Hobble Creek Ranch is one of the most magnificent properties in the American West. Performance & security by Cloudflare. Tiffani Sherman is a Florida-based writer who covers real estate, finance, and travel. The buyer would also be able to build additional buildings on the property. The 18-hole course offers a great variety of challenging holes and scenery. Outside, theres an outdoor pool, pool house with a full kitchen, two bathrooms and dressing rooms. The home sits behind two gates and surrounded by almost 20 acres of manicured landscaping. (adsbygoogle = window.adsbygoogle || []).push({}); Lead poisoning also poses a particular risk to pregnant women. 1 Deck, Garage/Parking: Attached; Detached; Extra Height; Extra Width; Heated; Opener; Parking: Covered; Parking: Uncovered; Rv Parking; Extra Length; Workshop; Workbench, Amenities: Cable Tv Wired; Electric Dryer Hookup; Exercise Room; Sauna/Steam Room; Swimming Pool; Tennis Court; Workshop, Utilities: See Remarks; Power: Connected; Sewer: Septic Tank; Water: Connected, Water: See Remarks; Irrigation: Pressure; Private; Rights: Owned; Shares; Well. Grocery stores and other amenities are about 15 minutes outside the gates. The ranch varies in elevation from 5,700 feet to over 9,100 feet and has extensive roads and trails that provide access throughout the property. We post all the latest million dollar homes & mansions to hit the market from all over the world. Pre-foreclosures $48,000,000. There are outdoor kitchens and fireplaces on the patios. This nearly 50-acre modern mountain cabin estate is for sale on Deer Knoll Drive in Woodland, Summit County. Its just a jaw-dropping location.. Access your favorite topics in a personalized feed while you're on the go. A 160-acre estate in Wolf Creek Ranch is for sale in Heber City, Utah for $27.5 million. Outdoor features include 2 gated entrances, tennis court, several ponds and more. Milton purchased the Riverbend Ranch from Vinny Smith, former Quest Software CEO and current head of Toba Capital. Itis owned by Tom Mower, the founder of Neways and now owner of Sisel. It also features a heated saltwater pool and spa, an oversized master bedroom and bathroom, a gym, and large garages for over eight cars. The location is really special. Nikola Motor, which produces hydrogen-electric trucks, recently received a $250 million investment, Forbes reported in September. The to-be-built $27.3 million Fjell House will sit on a 2.78-acre mountainside property thats one of the last prime developments in a gated estate at Deer Valley, its listing states. It is owned by Tom Mower, the founder of Neways and now owner of Sisel. Hobble Creek Ranch is situated at the end of a paved road in Hobble Creek Canyon, which is about an hour from Salt Lake City and Park City, and about twenty minutes from a private airport. These are some of the most athletic and beautiful horses in the world. It is situated on a vast 75 private acres and is gated. Click to reveal All Rights Reserved. Hobble Creek Ranch is one of the most magnificent properties in the American West. The property has substantial water rights with several ponds and it controls access to over ten thousand acres of forest service lands. LOCATION: 533 N Left Fork Hobble Creek Road, Springville, Utah, BEDROOMS & BATHROOMS: 7 bedrooms & 10 bathrooms. UtahRealEstate.com is where real estate listings originate, and it is the most used property information platform for real estate professionals in the state of Utah. The ranch varies in elevation from 5,700 feet to over 9,100 feet and has extensive roads and trails that provide access throughout the property. There are heated restrooms and a warming shelter. (adsbygoogle = window.adsbygoogle || []).push({}); But as the national economy battles inflation and the Federal Reserve pushes interest rates higher, how will that impact Utahs luxury market? Hobble Creek may refer to a location in the U.S. state of Utah: Hobble Creek (Utah County, Utah), a tributary of Utah Lake. The home is surrounded by acres of lawn, a hidden childrens playhouse, and 60 miles of private trails. The dining room has an elliptical dome ceiling with gold leaf inlays and a custom table. $48,000,000. The action you just performed triggered the security solution. (adsbygoogle = window.adsbygoogle || []).push({}); Built in 2007, the house sits on a 3387.00 acre lot of land and is currently for sale at $48,000,000. Meanwhile, Utah has become a really popular destination place for this really high-end market, Oman said. This 7 bedroom, 10 bathroom home is located at 533 N Left Fork Hobble Creek Cyn in Springville, UT. The home is securely positioned behind two gates and is surrounded by nearly twenty beautifully manicured acres. Hobble Creek is probably the most popular course in Utah County. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. Overview. A metal spiral staircase in a sitting room goes between floors, and a domed ceiling adds extra drama. 6beds 8baths. A detached guesthouse has two more bedrooms and two bathrooms. HOBBLE CREEK AT 1650 WEST AT SPRINGVILLE, UTAH. What were trying to do is a price point thats never been done before, and, you know, when you get into that realm it takes a very select person who can financially afford it., A buyer would likely need to be worth a couple $100 million to financially justify something like that, Oman said, so that narrows the pool of possible buyers. The 12,377-square-foot, six-bedroom, eight-bathroom home has a cozy cabin yet modern feel, Oman, its listing agent, said. Be prepared to lose many balls if you don't hit them straight. It features a magnificent grand entrance with marble flooring and a hand-painted staircase. The chandeliers in the grand staircase entrance and throughout the house are made of Swarovski crystals, and the other materials used in the mansion are all high-end. When built, this future home will be the first new construction behind Bald Eagles gates, the listing says, referring to the coveted, private community in the upper Deer Valley neighborhood of Park City. Utah's Most Expensive Home Is a $48M Ranch in Its Own Private Canyon By Tiffani Sherman Oct 19, 2020 A ranch with more than 3,387 acres as its backyard is now Utah's most expensive home.. They did the theater room open, so its not an enclosed room. Hobble Creek Ranch is situated at the end of a paved road in Hobble Creek Canyon, which is about an hour from Salt Lake City and Park City, and about twenty minutes from a private airport.