ShirLee's Homes4SaleUtah BLOG

ShirLee McGarry's Homes4SaleUtah BLOG, features great articles for consumers, homeowners and Realtors® addressing community, local, state and national real estate news. Articles also include refreshing humor to encourage smiles and support for all real estate warriors in the trenches who do stand out to make a difference in their client's lives in the exciting and challenging world of the Realtor®. Penned by Associate Broker-Realtor®,and Registered Author, ShirLee McGarry® with RealtyPath in Sandy, Utah

Saturday, February 11, 2012

HOUSE OF THE WEEK

Huntsman Sr.’s Utah Ski Mansion


 
For sale: $49,500,000

Source: Forbes
When you have nine children and 56 grandchildren, your winter vacation getaway probably leans more toward mansion than cabin.
Jon Huntsman, Sr.’s Park City home has 20,000 square feet of living space and 12 bedrooms — two of which are bunk bedrooms with 20 mattresses — enough room for his children and grandchildren, as well as any guests.

The father of former Republican presidential nominee Jon Huntsman, Jr., Huntsman Sr. began his business career in an egg-producing company in Los Angeles. He rose through the ranks, culminating with his contributions in the invention of the plastic egg carton. That success led him to form the Huntsman Container Corporation, which manufactured the “clamshell” container for McDonald’s Big Mac and as well as plastic plates, bowls and containers for other fast-food companies. He then founded Huntsman Chemical, transitioning it to the Huntsman Corporation, which went public in 2005.
The Huntsman patriarch designed the home for his family in 1989 out of reclaimed logs from the forests surrounding Yellowstone Park, said listing agent Paul Benson of Summit Sotheby’s International Realty.
“The whole home, even the guest rooms, are filled with timber ceilings and walls,” explained Benson.
The home contains several living areas with cathedral ceilings, stone fireplaces and picture windows, as well as a dining room that seats 20, a paneled library, fitness center and children’s playrooms and massive indoor pool.
Many of the furnishings in the home are available for purchase as well. Benson notes that the estate holds one of the largest collections of American Indian art in the U.S.
Situated in Utah’s ski haven of Upper Deer Valley on 60 acres, the property is private, yet accessible. The seclusion of the home is perfect for the Huntsman family to entertain high-profile guests. Huntsman Sr. previously served as the Republican Party of Utah national committeeman,  as well as the Special Assistant and Staff Secretary to President Nixon. Before running as a Republican party presidential nominee this past year, Huntsman Jr. was formerly Utah governor and an ambassador to China under President Obama.
Huntsman Sr. first listed his home on the Park City real estate market in September 2009 for $55 million. The house was removed in April 2010 and later re-listed with its current lower price. According Benson, Huntsman is letting go of the property to focus on his new development: Huntsman Springs, a golf course and high-end community in Driggs, Idaho
According to Zillow’s mortgage payment calculator, a monthly payment on Huntsman’s estate would be $182,093, assuming a 20 percent down payment on a 30-year-fixed rate mortgage.

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