Ski country is no stranger to homes languishing on the market or big price chops. But billionaires looking for a deal, pay attention: one of Park City's most expensive properties is now almost half off. Listed a few years ago for $50 million, 5000 Royal Street in Deer Valley is owned by billionaire and philanthropist Jon Huntsman Senior, father to almost-presidential candidate and former Governor of Utah, Jon Huntsman Junior. The family ski home has 12 bedrooms, 16 bathrooms and over 22,000 square feet. In 2013, the price dropped to $44 million before Huntsman slashed the price again in 2014 to $34 million. But even a 22-car garage, massive indoor pool, and custom ski locker room hasn't been enough to draw potential buyers. Now, this iconic property is asking a mere $29,500,000 for its 60 acres located just above downtown Park City. So what is the big deterrent for buyers? Is it the western kitsch? The cliché mountain decor? You decide.
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