If you like expansive views and expansive floor plans, this Deer Valley Shangri-La --- listed at a cool $55 million --- could be for you.
Industrialist Jon M. Huntsman Sr. --- the father of Gov. Jon M. Huntsman Jr. --- has put up for sale his 20,000 square-foot Park City house and the 64 acres it sits upon.
The spread, built 20 years ago by the founder of Huntsman Chemical Corp. at 5000 Royal Street, comes with 12 bedrooms, 16 bathrooms, swimming pool, fitness room, and waterfall, among other assets. Also, the Deer Valley mountainside setting provides a birds-eye view of Park City's Main Street below and Ontario Canyon above.
Not least, the wooded acreage comes with the potential to build up to 22 more houses, according to listing agent Deedee Corradini.
"There is no other property like it," she said.
The house comes furnished --- but that doesn't include the garage full of classic cars or the fine art collection that currently resides at the home.
The compound has served as a getaway for Huntsman and his extended family for the past two decades. But these days, the senior Huntsman and his wife, Karen, are spending much of their time at Huntsman Springs in the Teton Valley near Driggs, Idaho.
"They haven't been using the Deer Valley house lately," Corradini said. "It's sitting empty most of the time."
Lincoln Calder, president of the Park City Board of Realtors, said the Huntsman property is one-of-a-kind.
"The size [acreage] and the views are unique," he said. "It's a wonderful Deer Valley property."
Park City's real estate market has not been immune from the national economic downturn. But high-end properties, like the one Huntsman has listed, usually don't follow real estate trends, Calder said.
"It will take a unique buyer for this unique property," he said.
The property, no doubt, will attract national attention. Already, The Wall Street Journal has plans to feature the Huntsman enclave in its real estate section, Corradini said.
Meanwhile, the philanthropist behind the Huntsman Cancer Institute is busy at his 1,350-acre Idaho development. It features 650 building lots with a nature preserve and views of the Grand Tetons.
Proceeds from the Huntsman Springs will go to the cancer institute, Corradini said.
