Magleby Development announced on Friday the completion of its first home, Solace, in the new mountainside community Velvaere.

Following Velvaere’s groundbreaking announcement in September 2022, Solace is the first completed home for sale, starting at $7.45 million.

Adjacent to the newly expanded Deer Valley Resort currently under development, Velvaere is a 60-acre community from local Utah architecture firm THINK architecture, with 115 planned residences featuring direct ski-in, ski-out access and year-round mountain adventure and recreation through an onsite ski-lift, ski terrain, outdoor spaces, a wellness center and family adventure center.

“Velvaere’s approach to home building is to truly revolutionize what it means to be ‘well’ and inspire wellness-based homes and communities of all kinds not just in Utah, but around the world,” said Chad Magleby, partner at Magleby Development. “The first stage of our vision has come to life through our first completed home, offering a unique type of residence to the Park City community. As we continue to develop our community, Velvaere homes will be highly desirable in one of the world’s most sought after year-round destinations.”

Located in Velvaere at 10102 Drommen Court, Solace is a five-bedroom, five-and-a-half-bathroom home just under 5,000 square feet that features views of the surrounding mountain landscape and interior design from INC Architecture Design.

For more information and regular updates on Velvære, visit www.velvaereparkcity.com.