An extraordinary opportunity in The Colony- enjoy a fully realized mountain retreat while building your legacy main residence. Set on a premier homesite with incredible ski-access and sweeping down-canyon views across Park City, Snyderville Basin and the Uinta Mountains, the property features an existing ~4,000 sq ft, four-bedroom guest house plus an exceptional accessory "barn" building with five-car garage, studio apartment and state-of-the-art recording studio. The beautifully updated guest house combines warm mountain architecture with refined living. The great room is anchored by vaulted ceilings and a bold wood-burning fireplace with expansive windows framing the surrounding landscape. The adjoining kitchen, perfect for any home chef, is designed for gathering and entertaining. Two luxurious primary suites- each offering a fireplace, steam shower, jetted tub, dual vanities- provide exceptional flexibility with both a main level and a private upper level option. The lower level features two additional guest rooms, family room, laundry and ski room. Multiple balconies, a walk-out lower level, and covered patio with hot tub create a seamless connection to the stunning outdoors. Custom designed and built by renowned studio designer and audio engineer, Art Kelm, the professional live recording studio is complete with a vintage Trident Series 80 analog mixing console with its own rock-and-roll pedigree. The adjoining apartment with kitchenette provides additional flexibility for guests and artists. Existing plans for the Main House come from Annex Architecture were previously approved by S.A.R.C. Five garage bays with built-in storage and heat provide exceptional space for vehicles and toys, while a heated parking pad adds winter convenience. Ski directly into and off of the property, just below the reliable Peak 5 lift and above the Timberline and Tombstone lifts, with access on both sides of the home approachable for a range of skier abilities.