Record Land Sale in Deer Valley, Utah
It doesn't seem like the smart money is too worried about the mortgage crisis having a big impact on Deer Valley real estate values.
Deer Valley just witnessed the most expensive single-family residential lot sale to date...
The lot was a resale lot that was originally purchased from the high-end developer Talisker three years ago.
Lot #22 Red Cloud just sold for a cool $5 mil.
Check out the view from lot 22 in this photo to the right:
What does $5 million buy in Deer Valley?
Click here for the rest of the Red Cloud Deer Valley story or to see other lots for sale in Red Cloud. Red Cloub Homes For Sale
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