Going, Going, Gone: Ski Home
With Slope Views on Auction Block

What: Five bedrooms, five bathrooms in 7,200 square feet on 18.2 acres.

Where: Oakley, Utah, about 15 miles east of Park City.

Amenities: Two fireplaces, caretaker's suite with full bathroom and kitchen, two garages, home theater, in-ground spa accommodating 10 people, billiard room with wet bar.

Asking Price: To be sold at auction June 15.

Opening Bid*: The auction is absolute, meaning the home will sell regardless of price.

Listing Agents: National Auction Group, Gadsden, Ala., 800-473-2292

Due Diligence: Six years ago, Brad Bond, owner of a picture-framing company in Park City, and his wife, Diane Bracey, purchased this property, which was still being built. After listing the house a year ago with a broker for $3 million and, during the last five months, in a local newspaper as a for-sale-by-owner offering at $3.25 million, Mr. Bond decided an absolute auction was the best way to generate more interest. Mr. Bond declined to reveal a purchase price for the home. The house has views of all three nearby ski resorts -- Deer Valley, The Canyons and Park City -- and the Wasatch Range, a stretch of mountains that run through southern Idaho, Wyoming and central Utah. The three-story house includes a 24-foot-high, two-sided fireplace on the main level and a master-bedroom suite of about 2,000 square feet. The 48-year-old owner and his wife plan to relocate to a smaller property in Park City when this one sells.

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