About This Page
This page is maintained by Derrik Carlson, CNE, RSPS, CLHMS, Resort Real Estate Advisor and team lead of Derrik & Co. at KW Park City Keller Williams Real Estate. Derrik works with buyers evaluating Aerie against nearby alternatives, analyzing ridge-view premiums, pricing in a very low-volume market, and whether a specific property justifies the price relative to Park Meadows, Thaynes Canyon, or Lower Deer Valley. Market data is sourced from the Park City Board of Realtors MLS. Call 435.200.5478 to discuss whether Aerie is the right fit for your criteria.
Search current Aerie listings by property type or browse all active and pending properties below.
Aerie at a Glance
Current Listings in Aerie
Inventory in the Aerie corridor is consistently limited. Properties priced correctly sell within weeks. Off-market transactions are common here and worth tracking. Contact Derrik Carlson at 435.200.5478 to discuss current availability before it reaches the public market.
Aerie Real Estate Market Trends
The data below covers MLS Area 07, which includes Aerie Area, April Mountain, Overlook, and Hearthstone. Volume peaked in 2020 at 22 transactions, fueled by rapid in-migration. Per-square-foot pricing more than doubled from 2020 to 2025. The elevated 2023 and 2024 medians reflect a small number of ultra-luxury sales that shift the midpoint significantly in a low-volume market.
Source: Park City Board of Realtors MLS, Area 07. Includes Aerie Area, April Mountain, Overlook, and Hearthstone. Data deemed reliable but not guaranteed.
About the Aerie Neighborhood
The Aerie area sits on the ridgeline above Old Town Park City, within one mile of Main Street and directly accessible from Deer Valley Drive. It occupies the hillside between Old Town, Prospector, and lower Deer Valley, at a higher elevation than any of the surrounding neighborhoods. That position produces 180-degree views across the Old Town roofline, Park City Mountain ski runs, and the Deer Valley ridge.
Homes range from mountain contemporary estates built in the late 1980s to recently completed custom construction. Square footage spans from under 3,000 to over 11,000. Most lots measure between 0.25 and 0.80 acres, and the terrain varies from gradual slopes to steeper hillside positions. Heated driveways are common on steeper lots.
Trails adjoin many properties directly and connect to Park City's 400-plus mile network. The neighborhood is largely built out, with few vacant parcels remaining. Two entry points on Deer Valley Drive provide year-round access to the area.
Why Aerie Pricing Holds Without Ski Access
Aerie has no ski-in/ski-out access, no active HOA, and no nightly rental income potential. Per-square-foot rates still reached $1,116 in 2025. The factors driving that are structural, not cyclical.
The ridgeline above Old Town is rare within Park City limits. Very few neighborhoods share this elevation and sightline combination.
2 to 6 sales per year since 2022. The neighborhood is largely built out. Demand does not disappear, but new supply cannot be created.
Homes of 4,000 to 11,000+ sq ft within one mile of Main Street. That combination does not exist in Old Town or most adjacent neighborhoods.
Direct trail connection to 400+ miles of Park City trail system from most properties. No car required to reach a trailhead.
Long hold periods and low turnover. Properties are rarely sold under pressure, which supports disciplined pricing even in slower markets.
Subdivisions Within the Aerie Corridor
MLS Area 07 covers four distinct subdivisions, each with its own pricing profile, architectural character, and lot configuration.
The primary subdivision and largest by transaction volume. Contains a mix of single-family homes and townhomes. Most properties date from 1986 through the early 2010s, with several undergoing full renovations in recent years.
Adjacent to the core Aerie area. Responsible for some of the corridor's highest-priced transactions, including multiple sales above $8 million. Architecturally diverse, with passive solar, contemporary, and historically influenced construction.
A small grouping of single-family properties within the Aerie corridor. Three recorded sales in this dataset. Resale activity is infrequent, reflecting strong owner retention.
The smallest cluster in MLS Area 07. One recorded sale in this dataset. Properties here rarely come to market, making it one of the most owner-held pockets in the corridor.
Who the Aerie Area Fits
- Buyers who want large-format homes (4,000+ sq ft) within one mile of Main Street: no comparable option exists in Old Town at this scale
- Buyers who prioritize ridge views over ski-access proximity: Aerie delivers the former; Lower Deer Valley and Deer Valley ski-access neighborhoods deliver the latter
- Buyers relocating from dense markets who want space, views, and nearby walkable amenities without a gated resort environment
- Second-home owners who want long-term rental flexibility (30-day minimum) without an active HOA
- Buyers who plan daily trail use and want direct access without driving to a trailhead
- Buyers whose first priority is ski-in/ski-out access: Deer Valley ski-access neighborhoods are better positioned for that
- Buyers relying on nightly rental income to carry the asset: not permitted in this corridor
- Buyers expecting to walk to Main Street from the front door: the terrain makes most Aerie addresses non-walkable in winter
- Buyers comparing this to Park Meadows on day-to-day livability: Park Meadows offers flat terrain, golf access, and comparable home sizes without the elevation challenge
How Aerie Compares to Nearby Park City Neighborhoods
Aerie buyers often consider two or three other in-town neighborhoods before deciding. Here is how those comparisons typically play out.
Location and Distance Guide
Is Aerie the Right Fit for Your Criteria?
Aerie pricing reflects ridge position and scarcity, not ski access or rental income. Whether that trade-off makes sense depends on your specific priorities. Derrik Carlson works with buyers at this exact decision point, comparing Aerie against Lower Deer Valley, Park Meadows, and Thaynes Canyon with direct market knowledge. He also tracks inventory that does not always reach the public MLS.
Frequently Asked Questions About Aerie Real Estate
What is the price range for homes in Aerie?
Sold prices in MLS Area 07 range from $1.45 million to $8.8 million based on recorded transactions. Most sales fall between $3 million and $5 million for single-family homes. Townhomes in the corridor have sold at a median of $1.75 million. The active market currently extends to $12.5 million.
Are nightly rentals allowed in Aerie?
No. Properties throughout the Aerie corridor are not permitted for nightly rental. Most allow long-term leases of 30 days or more. Buyers should confirm the rental policy for any specific property before purchase.
Does Aerie have ski-in/ski-out access?
No. Aerie does not offer ski-in/ski-out access to any resort. Park City Mountain Resort and Deer Valley Resort are both within 2.1 miles by road, but skiing requires a vehicle or shuttle from any Aerie address.
What school district serves the Aerie neighborhood?
The Park City School District serves the Aerie area. School zone assignments are subject to change; buyers should verify current elementary, middle, and high school boundaries directly with the district before making a decision based on school assignment. McPolin Elementary, Ecker Hill Middle School, and Park City High School have historically served this area.
How tight is inventory in Aerie?
Very tight. The area averaged fewer than 5 sales per year from 2022 through early 2026. Rarely are more than two or three properties actively listed at the same time. Off-market transactions occur regularly and represent meaningful opportunity for buyers working with a well-connected local advisor.
What subdivisions are within MLS Area 07?
Area 07 includes Aerie Area, April Mountain, Overlook, and Hearthstone. Aerie Area accounts for the highest number of recorded sales. April Mountain has produced the corridor's highest individual prices, including transactions above $8 million.
Is there an HOA in Aerie?
Most properties in Aerie do not carry active HOA dues. Some subdivisions have CC&Rs that govern use without active HOA management or dues collection. Buyers should verify HOA status and any applicable transfer fees for each specific property.
Comparable Park City Neighborhoods
The areas below share characteristics with Aerie in price range, home size, or proximity to resort access.
Flat terrain, golf course access, and one of Park City's most established residential areas. Less elevation and fewer view lots than Aerie.
A short drive from Main Street with quick resort access. Generally less steep than Aerie with a more compact neighborhood footprint.
One of Park City's original Deer Valley subdivisions. Ski access is available from some lots, though a short walk to the runs is required.
Closer to Deer Valley's Snow Park base area. A mix of condominiums and single-family homes with strong resort proximity.
Editor's Note: Common misspellings for Aerie include Airee, Aeri, Aery, Aeriee, Airy, Aeriey, Aree, Airie, Aarry, and Aerri.