Ten Tips for Buying Ski Homes and Condos at Canyons Village in Park City, Utah
This write-up will outline the top 10 tips when buying property at Canyons Village in Park City, Utah.
The Canyons Village has seen extreme real estate growth since this article was initially written in 2016, so we thought it was time for an update. Suppose you are thinking about buying a property in the Canyons Village area of Park City Mountain Resort. In that case, there are several things to think about before buying a ski property here. First, the real estate market in The Canyons Village has been booming, especially with new construction.
While most of the properties in The Canyons are condominiums, the single-family homes tend to be in The Colony at White Pine. The ski access can be described as good, better, and best in this area of Park City. Real estate within the heart of the Village has the best ski access to the resort. The newly built properties of Pendry, The Ridge at Canyons Village, White Pine Canyon Village, and more can be found on our Canyons condo page.
The List of Ten Things to Know When Considering Buying or Selling Real Estate at Canyons Village:
Below are Ten Tips When Buying Ski Property at Canyons Village. What You Need to Know Before Buying a Property in The Canyons Village.
Tip #1: When referring to different neighborhoods of Canyons Village, remember that anything above Red Pine Road is referred to as the "Resort Core" - Apex, Lift, and Pendry. Frostwood Villas, Waldorf Astoria, is to the right of the roundabout, and the neighborhood below Red Pine is called "Lower Village."
Tip #2: Real Estate in Canyons is highly diverse. Red Pine condos are the most affordable in Canyons Village. The price point is highest for condos at the resort's core because of the ski-in-ski-out access.
Tip #3: The Sunrise Lift will be extended down towards Pendry and up the mountain further. The roads in this area have been reorganized to provide easy access for driving and skiing. In addition, the area in front of The Pendry Residences will be opened up to give the largest ski beach in the world.
Tip #4: A 2% CVMA transfer fee is an investment into public services, amenities, maintenance, and transportation with Canyons. This fee is collected on nearly all areas within Canyons except some Sundial and some Grand Summit, Red Pine ($50 price), Hidden Creek, and Colony are not subject to the CVMA transfer fee.
Tip #5: The Canyons Village and Park City Mountain Resort are connected via the interconnect gondola and now provide the most ski terrain in the United States, with 7,300 skiable acres. Vail Resorts has spent over $50,000,000 to improve the skiing experience at Canyons Village and Park City Mountain Resort.
Tip #6: Canyons may be called Canyons Village, Canyons, The Canyons, or The Canyons Village. People who have been visiting Park City or have lived in the area for years may still refer to it by the previous name of Wolf Mountain.
Tip #7: The resort has continued to improve since the timeframe that Vail took ownership of the property. New developments have been very successful, and we will continue to see growth over the next few years.
Tip #8: On our website, you can search every MLS listing from every local real estate broker in The Canyons Village. In current market conditions, we have helped buyers better understand the properties in Canyons until they knew the two or three properties they loved - then we found some off-market deals for them.
Tip #9: The Canyon's new development has been a bonus for Park City's real estate. The LIFT was the first big project in many years and has been followed by Apex, Pendry, The Ridge at Canyons Village, and more. Pendry will offer the most amenities, while The Ridge is low on amenities and the HOA fee. Pricing for the area is determined based on the proximity to skiing, views, size, age, and overall quality.
Tip #10: The Canyons offers a Summer Concert Series that provides extra summer fun. New restaurants and amenities will go in over the next few years.
We hope you have enjoyed the Top Ten Tips when buying real estate at Canyons Village. When buying any real estate in Park City, it is essential to have significant representation that knows and understands the properties and current market conditions.
While our website shows every property listed for sale, there may be a subdivision that currently doesn't have any MLS listings but would work best for you. Call us to discuss the best options for your specific wants and needs.
Editor's Note: This page was originally written on December 20, 2016. The most recent update to this page was on January 17, 2022.Posted by Derrik Carlson on