Founders Place at Deer Valley — Ski-In/Ski-Out Condos for Sale & Current Prices

78 Luxury Condos • 4 Residential Buildings • Amenity Building • 2, 3, & 4 Bedrooms

Contact us about Off-Market opportunities in Founder's Place!

This new real estate development is one of the last in the Deer Valley Resort Area. Founders Place offers a quiet ski-in/ski-out setting, located close to downtown Park City, with easy access to Jordanelle Reservoir and Salt Lake International Airport.

Below are details of the newest development at Deer Valley Resort in Park City, Utah.

First, my take is that East West Partners has a remarkable history of developing properties in Deer Valley and other mountain communities in the Western United States. The project is ideally located for access to winter and summer amenities. The nearby St Regis has a strong track record of rental history, and I believe Founders Place will rent well.

If you are interested in purchasing a property in Founders Place, please contact us as soon as possible. Over the past year, we have helped guide more than 20 clients through new construction and would love to earn your business.

Founder's Place Update: Summer 2025

Aug 2025: Only Four Residencies Left

Construction keeps rolling—and the finish line is in sight.

The Otto (Phase III) has officially broken ground, marking the last opportunity to secure a brand-new residence inside Founders Place. After a strong winter release, 17 families have already joined the community, leaving just seven homes in this final collection.

Meanwhile, Helen (Phase II) is rising fast, and the Polly amenity building—together with the sold-out Edgar residences—came online this past winter, delivering ski valet service, fitness studios, and family lounges right on schedule.

As of August 2025, Founder's Place is 80% Sold Out. Ready to lock in your spot before the final seven disappear?
Scroll to the live listings below or call/text (435) 200-5478 for discreet, off-market options and priority tours.

Winter 2024/2025

We're excited to introduce Otto, the last condominium release at Founders Place, with only 24 homes remaining. Set on the hillside, Otto provides stunning views and a dedicated Wellness Den, creating the ideal space to unwind and recharge after a day of exploring the mountains.

The location of the Otto building is indicated as Phase 3 in the image at the top of this page, providing a clear view of its prime hillside setting. Each residence combines luxury design with easy access to Park City's top amenities, making Otto a perfect choice for those seeking relaxation and adventure.

Are you interested in learning more? Contact us today to explore your options and discover available homes at Otto, Founders Place.

Founder's Place Update: July 2024

There have been strides at Founders Place since our last update in January.

Founders Place Phases I (Edgar) and II (Helen) Are Officially Sold Out!

Onsite Highlights of Progress as of July 2024

Steady advancements in our amenity spaces.
Continued installation of finishes to Edgar's East and West buildings.
Concrete pours are progressing smoothly at The Helen.

Stay tuned for more updates as we progress and secure an early release of the final phase, which is scheduled for winter 2024/2025.

Update: June 2024

Founders Place is progressing rapidly. Phase 1, including Edgar and the amenity building, The Polly, is taking shape quickly. The developer is now working on Phase 2, which is named Helen. Edgar is sold out, and only one home is left in Helen.

Update: January 2024

Welcome to the latest update on the progress of Founder's Place in Park City, a beacon of modern living and architectural excellence. As January 2023 unfolds, we are thrilled to share the remarkable advancements in this prestigious development.

At The Edgar West:

The roof installation continues, adding a protective and aesthetic layer to this magnificent structure.
Progressing impressively, windows and rough-ins are installed up to the 6th floor.
The 7th floor sees ongoing exterior framing, setting the stage for window installation in the upcoming weeks.
Elevator installation is underway, enhancing accessibility and convenience.

At The Edgar East:

The structure is shaping up. The metal decking installation is reaching the 4th floor and will soon get the 5th floor.
The structural steel installation is ongoing, currently up to the 6th floor, forming the backbone of this robust building.
Regular concrete pours are underway, solidifying the foundation of this development.
We are nearing the topping out of cores, a significant milestone in the construction process.

At The Polly:

The installation of metal decking has reached the 3rd floor, marking steady progress.
The structural steel installation is ongoing to ensure the strength and durability of the structure.

At The Helen:

Deep foundation pilings system drilling is in progress, laying a strong foundation for the structure.
The site is buzzing with activity, with continued site work and excavation.
Preparation is underway for a future bridge connection to our Phase 3, with the goal of achieving seamless integration and expansion.

Conclusion:

Founder's Place is rapidly transforming into a landmark of luxury and comfort in Park City. With each building at a different stage of development, the diversity in construction techniques and progress is a testament to our commitment to quality and excellence. Stay tuned for more updates as we continue to bring this visionary project to life.

Contact Us: For more information about Founder's Place and Park City real estate opportunities, please call (435)200-5478.

Founders Place Real Estate High-level Overview:

Location: Founders Place is on 30 acres within the gated community of Deer Crest at the base of the Mountaineer Lift. The St. Regis is an excellent reference point, as it is situated up the hill. This private Deer Crest neighborhood area offers mature pine trees and gambel oak vegetation. Founders Place has a pristine location that is a reasonable distance from future development and provides easy access to downtown Park City (via Lower Deer Valley) or a five-minute drive to the Jordanelle Reservoir.
Future Development in the Surrounding Area: Outside St Regis, there will be no other buildings and two or three single-family lots. Founders Place will be built in two phases. The current offering is for the first phase of the Edgar & Polly residential buildings. It's worthwhile to scroll down to the bottom of the page and click on the Mayflower Mountain Resort link.
Architecture: The architectural style will be Mountain Contemporary with clean lines and large windows of Modern architecture. It was essential to the architects that the design had see-through balconies with ample outdoor living space. The architecture team is Sparano & Mooney.
Amenities: Resort pool deck, multiple hot tubs, considerable gym experience with fitness classroom, shared office space for owners, children's clubhouse room, teenager/adult game room, ski locker room, and in-house food and beverage cafe that delivers daily continental breakfast, lunch menu, and open bar/apps in the afternoon.
Service: In-house residential managers who live onsite for the owner's needs, concierge, food and beverage staff, plus ski valet staff.
Floor plans: 2 bedrooms to 4 bedrooms and a Penthouse with 4 Bedrooms.
Luxury Condominiums at Founders Place: (Subject to change)
- Residential Condos Price: $2.3m to $15m
  - Two-bedroom residences range from $2.3m to $2.6m
  - Three bedrooms range from $3.4m to $4.3m (Most in the $3.6m to $3.8m range)
  - Four bedrooms range from $5.5m to $6m
  - Penthouse Residences prices from approx $7.5m to $14,445,000

The Edgar (East & West Buildings)

Founders Place Park City Location of Development The Edgar East and West are the initial condominium offerings in the first phase of Founders Place. They feature 32 residences with two to four bedrooms, including seven penthouse suites. Construction of these homes and the amenity building is scheduled to begin this summer.

The Edgar offers a peaceful mountain setting within pine and aspen tree groves. This location offers premium ski-in-ski-out access where you walk directly to the Mountaineer Express lift at Deer Valley®.

This new development will be bustling with life throughout the year, featuring outdoor spaces that cater to year-round living. There are outdoor areas to enjoy, and the ski runs make for easy hiking and biking trails in the summer. Additionally, this building features southern exposure, providing ambient light throughout the day.

The Polly (Amenities Building)

The Polly is the name of the state-of-the-art amenity building and is about living on vacation. Activities will happen in a gathering place of perfection. There will be a sizeable, well-equipped fitness center, yoga room (multi-purpose), kids' playroom, family lounge designed for multi-generations with games, soda fountain and grill, dedicated ski lockers, private lounge and ski valet, and private shuttle for owners and guests.

Deer Valley Resort (Founder's Place Location)

Deer Valley Ski Resort offers world-class skiing, and Founders Place provides a ski-in, ski-out experience at Deer Valley. There is no public parking in this area, so it tends to be quiet early and late in the day. This location is unique within Deer Valley, as other neighboring developments do not surround it.

Founders Place Near Park City

Park City is in the next valley, offering the best of all worlds, where you can feel like you're in an alpine retreat, but you can quickly take the shuttle or drive to experience the benefits of Park City. Real estate in Park City still offers tremendous upside compared to other ski towns, such as Aspen and Jackson Hole. While other ski towns' pricing is much higher, the destination can be more challenging for a second home. I love that there isn't a stoplight from this property to the airport!

Be Here 365 Days a Year

Founders Place at Deer Valley is the perfect location to call home if you want to experience a year-round adventure. With easy access to the airport, you can spend more time exploring all of Utah's outdoor activities.

Enjoy boating at Jordanelle, fishing in the Provo River, skiing, sledding, and snowmobiling in the backcountry. Plus, with its proximity to Deer Valley, you can enjoy all the fine dining, shopping, and entertainment the area offers. So come and discover the joys of mountain living at Founders Place.

The Developer: East West Partners

East West Partners is the developer of Founders Place. East West has been developing slope-side real estate for over thirty years and has invested over $7 billion in ski real estate.

They have developed properties in Beaver Creek, Snowmass, Northstar, and Steamboat. In addition, the developers have created at least four other significant properties in Deer Valley, with a historical focus on the Empire Pass area of Deer Valley Resort.

Frequently Asked Questions About Founder's Place

Below is a list of FAQs for new development, which we applied to Founders Place. Please don't hesitate to contact us with any further questions.

Is there a reinvestment fee for Founders Place within the gates of Deer Crest?

There is a 1% transfer fee for all resale properties within Deer Crest. However, Founder's Place reinvestment fee is 0.4% and does not apply to original developer transactions.

What is the anticipated HOA fee for Founders Place?

Projections for the estimated annual budget for dues are $1.10 per square foot per month or $ 13.20 per square foot per year.

What's the size of Founders Place residences?

In phase one, sizes range from 1,400 sq. ft. to 4,500 sq. ft. There are a total of 32 residences in this phase: (5) Two bedrooms, (1) Three bedrooms + den (Smaller), (15) Three bedrooms + den (Larger), (4) Four bedrooms + den, and (7) Penthouse Four bedrooms.

Are residences sold fully furnished?

Founders Place residences do not include furnishings. We work with some terrific designers who can help you in this process. The developer allows for minor changes during construction, so it's best to involve a designer early in the process.

Are pets allowed?

Pets are allowed at Founders Place for owners but not for renters.

What about Parking and Storage?

There are 53 underground parking spots for the first 32 residences, with 1.65 spaces per residence, allowing owners to leave a vehicle at the property. Owners also have an assigned 5' x 7' conditioned storage area.

Is there a way to get from the ski school back to this condo on Green Runs, or is a shuttle service required for the kids?

Today, leaving the snowpack, you must take Little Stick (Blue) to Deer Hollow ski run (Green), which leads to Founders Place. However, that will change this summer (2022) as Deer Valley adds another ski lift, allowing beginning skiers out of the snowpack base and over to Deer Hollow ski run, since Deer Hollow is the next best step after you graduate from the bunny hill.