Deer Crest Estates Real Estate

Deer Crest Estates is the custom single-family home area within the private, gated Deer Crest community at Deer Valley Resort in Park City, Utah. Homes sit on Deer Crest Estates Drive, Summit View Drive, Deer Hollow Road, Jordanelle View Drive, Home Run Court, Crestwood Drive, and adjacent streets on the eastern slope above Jordanelle Reservoir. The Park City MLS records 97 closed single-family transactions in this community since 2001, making it the most extensively documented custom estate market in Deer Valley. Recent arm's-length sales from 2022 through early 2026 have ranged from $9 million to $18.75 million.

Ski access in Deer Crest Estates is the primary variable that separates one address from another. Some homes have documented "Ski to Door" and "Ski Out of Door" access to named Deer Valley ski runs. A significant number carry only ski-easement documentation without direct trail adjacency to the structure. At least one current active listing, the highest-priced in the community, offers only ski club and shuttle access, not a direct ski-in/ski-out designation. The word "ski-in/ski-out" does not mean the same thing at every Deer Crest Estates address. Verifying the specific access tier for any property under consideration is not optional.

Community Overview

Deer Crest Estates is the largest and most varied sub-community within Deer Crest, spanning multiple streets and a wide range of home sizes, build years, and lot positions. Homes range from approximately 3,000 to over 21,000 square feet across 4 to 9 bedrooms, built between 1999 and 2026. Construction is ongoing; new custom homes continue to be built on remaining vacant lots. The community shares the Deer Crest master-gated infrastructure, including 24-hour security, private road maintenance, and snow removal. Two on-property Deer Valley lifts serve the community's private groomed trail network.

Ski Access by Address

Deer Crest Estates is marketed as a ski-in/ski-out community, and a significant portion of homes deliver that access. The Park City MLS feature data for this community shows 69 of 105 records with the "Ski to Door" designation and 73 with the "Ski Out of Door" designation, indicating direct ski-run access from the structure. However, 43 records carry only "Ski Easement - Access" without accompanying direct-access designations. And at least one current active listing, the $25 million new construction at 2923 Jordanelle View, carries only "Ski Club and Shuttle" in the ski access features, with no ski-in/ski-out designation of any kind.

The practical meaning: Deer Crest Estates is not uniformly ski-in/ski-out. The access quality varies significantly by street position, lot orientation, and proximity to the community’s private trail network and two on-property Deer Valley lifts. Summit View Drive addresses and Crest Drive addresses with named-trail adjacency represent the highest documented access tier. Homes on Jordanelle View Drive, Deer Hollow Road, and other streets closer to the reservoir may offer views, but not always the same level of ski access. Easement documentation in the title report is not equivalent to true door-to-slope skiing.

Before making an offer on any Deer Crest Estates property, confirm the specific MLS ski access designation for the listing, ask for the trail name and route documentation, and, if possible, walk or ski the route from the specific structure. Ski access should be confirmed in the purchase contract if it is a material factor in the decision to purchase. For the full taxonomy of how ski access is classified across all Deer Crest communities, see the Deer Crest ski-in/ski-out page.

Market Data: 25 Years of Transactions

The 97 closed single-family sales in Deer Crest Estates cover the community's full history from the earliest completed homes in 2001 through early 2026. This is one of the most complete custom estate transaction records of any gated ski community in Utah, and it tells a clear story: a slow build-out phase through 2007, a correction from 2008 to 2013, a steady recovery through 2019, and a sharp repricing beginning in 2020 that has continued through the most recent closings.

Volume in any given year rarely exceeds 12 transactions, and more typically runs 3 to 7. The highest-volume year was 2020, driven by post-COVID demand and 12 closings that ranged from $4.1 million to $9.5 million. That same stock of homes has now repriced substantially: the Crestwood property that traded at $9.5 million in October 2020 appears as a distinct address in a submarket where comparable homes were selling for $12 million to $18.75 million four years later.

The transaction record includes one all-time price outlier: 9828 Summit View, a 7-bedroom home of approximately 20,000 square feet that sold in September 2019 for $23.75 million at 95% of the list price in 27 days. This remains the highest closed price in the dataset. The highest recent sale is 3592 Crestwood, a 6-bedroom, 9,611-square-foot home that sold in August 2024 for $18.75 million at 98.7% of list price in 18 days, representing the strongest close-to-list ratio and fastest close among recent high-value transactions.

Several same-address resales in the dataset illustrate the community's appreciation cycle: 10738 Summit View sold in March 2019 for $6.85 million, again in April 2021 for $7.5 million, and is currently listed at $15.5 million. 2997 Deer Crest Estates was sold in April 2017 for $6.3 million and again in March 2026 for $12.5 million. 2848 Deer Pointe Drive sold in July 2018 for $7.29 million and again in September 2025 for $16.55 million.

Call Derrik Carlson: 435.200.5478

Price Per Square Foot: The Repricing Story

The most significant pricing development in Deer Crest Estates over the past five years has been the step-change increase in price per square foot. From 2001 through 2019, average annual PPSF ranged from approximately $600 to $900, with most transactions in the $700 to $800 range. The 2020 to 2021 period pushed average PPSF into the $750 to $975 range as demand surged. Since 2022, arm's-length transactions have established a new PPSF band.

The high-water PPSF mark in the dataset is $2,345 per square foot, set by 3178 Home Run Court, a 6-bedroom, 6,419-square-foot home completed in 2020 that sold for $15.05 million in December 2023 in 7 days. The recent Crestwood record in August 2024 ($18.75 million, 9,611 square feet) produced $1,951 per square foot. The two 2026 closings averaged $1,343 per square foot on larger homes, indicating that the highest PPSF tends to favor newer, smaller-footprint homes with premium views and strong ski-access designations.

PPSF in Deer Crest Estates is not a clean comparable metric across the community because square footage, build quality, ski access tier, view orientation, and lot position all create substantial variation. A 2001-built 11,000-square-foot home with easement-only ski access will not trade at the same PPSF as a 2020-built 7,000-square-foot home with "Ski to Door" documentation and a Jordanelle view. Buyers and sellers should use PPSF directionally and anchor specific pricing to the most closely matched comparable sales by access tier, size, and build year.

HOA and Ownership Costs

Deer Crest Estates owners pay dues to the Deer Crest Master Association, which covers gated security, private road maintenance, and snow removal for the entire Deer Crest community. Annual dues for SFR homes in the dataset range from approximately $6,600 to $18,648, with most recent listings in the $9,000 to $18,000 range. The variation reflects differences in property size, association sub-area, and the specific HOA schedule for each address.

Unlike the condominium communities within Deer Crest, most Deer Crest Estates homes do not carry an additional sub-association layer. The HOA burden is relatively modest given home values. The more significant ownership costs are typically property taxes, insurance, utilities, maintenance, and snow management for driveways and approaches. New construction homes benefit from lower deferred maintenance risk but carry the cost uncertainty of a new structure in its first years of operation at altitude.

Summit County property taxes apply at the non-primary-residence rate for second-home buyers. Verify current assessed values and applicable rates with the Summit County Assessor and your CPA. A Deer Crest transfer fee applies to resale transactions. Confirm the applicable rate before closing.

Buying in Deer Crest Estates

Deer Crest Estates is the right choice for buyers who want a custom single-family estate within a private gated community at Deer Valley, with the largest homes in the Deer Crest community and the widest range of lot positions and view orientations. It is not a uniform product. The performance gap between an address with documented "Ski to Door" access on Summit View Drive and an address with easement-only access on Jordanelle View Drive is real and is reflected in the transaction record.

With a median DOM of 154 days across 97 closed sales, Deer Crest Estates is an illiquid market. Correctly priced homes in strong positions move. The Crestwood $18.75 million sale closed in 18 days. The dataset also includes a listing that took 1,068 days. The wide DOM range reflects the narrow buyer pool at this price level, the importance of accurate initial pricing, and the extent to which ski-access documentation and condition affect buyer confidence.

Off-market transactions are meaningful here. Several significant Deer Crest Estates properties have changed hands without MLS exposure. If the right home is not currently listed, a direct conversation with Derrik Carlson — who has tracked every closed sale in this community since 2001 — is more productive than waiting for a public listing to appear. Contact Derrik at 435.200.5478 or at Carlson@RealEstateInParkCity.com. For current inventory across all Deer Crest single-family homes, see Deer Crest homes for sale.

Deer Crest Estates

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$17,500,000

3611 W Crestwood Court, Park City

6 Beds 10 Baths 14,289 SqFt Residential MLS® # 12603282

$16,900,000

9985 Summit View Drive, Park City

7 Beds 9 Baths 12,404 SqFt Residential MLS® # 12504165

$15,500,000

9968 Summit View Dr, Park City

7 Beds 9 Baths 10,002 SqFt Residential MLS® # 12602688

$14,950,000

↓ $550,000

10738 Summit View Drive, Park City

6 Beds 11 Baths 9,202 SqFt Residential MLS® # 12600292

$12,399,000

2698 W Deer Hollow Court, Park City

6 Beds 8 Baths 7,672 SqFt Residential MLS® # 12603069

$8,500,000

3010 W Jordanelle Way 79, Park City

0 Beds 0 Baths 0 SqFt Land MLS® # 12600671

$5,000,000

3297 W Deer Crest Estates Drive 73, Park City

0 Beds 0 Baths 0 SqFt Land MLS® # 12504931

$4,450,000

↓ $45,000

2721 Deer Hollow Road 116, Heber City

0 Beds 0 Baths 0 SqFt Land MLS® # 12500318

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