Papa John’s CEO John Schnatter Selling His Park City Penthouse For $18 Million

 

John Schnatter St Regis Condo 1

If I knew pizza dough can buy this much of luxury real estate, I would’ve given dough a shot too. That’s exactly what Papa John’s pizza franchise founder and CEO John Schnatter did with his pizza money. Schnatter, according to Zillow purchased the entire 11th floor of the St. Regis Deer Valley from the developer in 2008, which he then separated into two penthouse units. Now he’s looking to unload one of the units for a record setting $18 million and this is the highest ever asking price for a condo in the state of Utah.

The condo has 6,829 sq ft. of indoor living space that features five lavishly decorated bedrooms, five full bathrooms and two half baths. Its gourmet kitchen boasts high-end Wolf appliances and for entertainment it also has a Butler’s kitchen. Other additional features include a private elevator access to a custom ski prep room, ensuite bedrooms, wine room, Crestron AV system, private office with a wet bar in the master suite, and a media game room.

John Schnatter St Regis Condo 13

 

Outdoors of this exclusive residence has 2,000 sq ft. of living space that includes multiple balconies with incredible panoramic views of Deer Valley and Park City. Other luxuries include enclosed hot tub, grill, heaters, bar and fireplace.

Listing agent for the property Brigit Flint of Summit Sotheby’s International Realty thinks there will be lot of interest from international buyers. Last month Sotheby’s marketed the condo at a luxury real estate conference in Monte Carlo for potential buyers.

The unfurnished second unit with 5,000 sq ft. of indoor space is listed for $12.5 million. Flint said Schnatter plans to keep one of the units “it’s just a matter of which one sells first.”

John Schnatter St Regis Condo 2 John Schnatter St Regis Condo 3 John Schnatter St Regis Condo 4 John Schnatter St Regis Condo 5 John Schnatter St Regis Condo 6 John Schnatter St Regis Condo 7 John Schnatter St Regis Condo 8 John Schnatter St Regis Condo 9 John Schnatter St Regis Condo 10 John Schnatter St Regis Condo 11 John Schnatter St Regis Condo 12 John Schnatter St Regis Condo 14 John Schnatter St Regis Condo 15 John Schnatter St Regis Condo 16 John Schnatter St Regis Condo 17 John Schnatter St Regis Condo 18 John Schnatter St Regis Condo 19 John Schnatter St Regis Condo 20 John Schnatter St Regis Condo 21 John Schnatter St Regis Condo 22 John Schnatter St Regis Condo 23 John Schnatter St Regis Condo 24 John Schnatter St Regis Condo 25

 

 

Source: Zillow and Summit Sotheby’s