According to a recent article in the Salt Lake Tribune, the Victory Ranch Club, a luxury home development that spans almost 6,500 acres located near Park City has changed hands. Sterling Bay Companies, a Chicago-based real estate investment and development firm founded in 1986, purchased Victory Ranch last week from an affiliate of Wells Fargo Bank for an undisclosed amount.
Victory Ranch stretches across Summit and Wasatch counties and affords panoramic mountain views of the Wasatch and Uinta Mountains, Deer Valley Resort, the Provo River and the Jordanelle Reservoir. The development has approvals for more than 650 units. The new owners, though, are considering building fewer.
The development is home to the private Rees Jones championship golf course, Victory Ranch Club, which opened for rounds last Saturday.
Having worked as an attorney on the assemblage of the various ranch properties that were to eventually become the Victory Ranch, and having travelled extensively over the entire property during those early years, I can attest to the stunning beauty of the Ranch, particularly the southeastern ridge area. For further details, please give us a call.
To read more, please visit The Victory Ranch Club article.