Park City luxury real estate for sale spans ski-in/ski-out estates in Deer Valley and The Colony at White Pine Canyon, private golf homes in Promontory and Glenwild, branded resort condominiums in Canyons Village and Upper Deer Valley, and a growing corridor of new construction along the Jordanelle Reservoir and the Deer Valley Expansion. The top of this market trades on ski access, view corridors, club membership, and build quality more than square footage alone. This page focuses on the prime tier, defined here as closed sales of $4M or more, and routes to specialized search pages where current active inventory is listed.
Through June 26, 2026, the Park City prime market recorded 132 closings at or above $4M, at a median price of $6.15M and a median of $1,156 per finished square foot. Sixty-seven percent closed all-cash, 15 closed at or above $10M, and the top sale reached $25.3M. Median days on market across the tier were 45. New construction made up 40 percent of these closings, underscoring how much current prime-market activity is concentrated in newly delivered and recently built homes.
Quick Answer: Where Is Park City Luxury Real Estate Concentrated?
Ski-in/ski-out: The Colony, Empire Pass, Deer Crest, Upper Deer Valley, and the new Velvaere community at the Deer Valley Expansion.
Private golf and club: Promontory and Glenwild in Summit County, Tuhaye and Victory Ranch in Wasatch County.
Resort village and branded: Canyons Village and Upper Deer Valley.
New construction corridor: Mayflower and Jordanelle (SkyRidge, Amanti Lago), plus the Deer Valley Expansion.
In-town: Old Town and Park Meadows.
Prime Closings YTD
132 sales
$4M+, Jan 1 to Jun 26, 2026
Median Sale Price
$6.15M
$1,156 per finished sqft
All-Cash Share
67%
of prime closed sales
New Construction
40%
of prime closings YTD
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How Park City Luxury Real Estate Is Structured
The prime tier separates by access category before it separates by price. Within the $4M-plus market year-to-date, single-family closings ran to a $5.87M median at $1,114 per finished square foot, and condominiums to $6.9M at $2,292 per square foot, reflecting the concentration of branded ski-base residences at the top of the condo market. Buyers focused on ski access concentrate in The Colony, Empire Pass, Deer Crest, Upper Deer Valley, and the new Velvaere community at the Deer Valley Expansion. Buyers focused on golf and four-season club living concentrate in Promontory and Glenwild within Summit County, and in Tuhaye and Victory Ranch within Wasatch County. Buyers focused on new construction concentrate in the Mayflower and Jordanelle corridor.
Buildable land sits inside a narrow mountain corridor bounded by national forest, protected open space, and conservation easements. That constraint has pushed the newest prime supply east, toward the Jordanelle Reservoir and the Deer Valley Expansion, where most of the year's new-construction volume closed. The established submarkets remain supply-constrained, which is why ski-base per-square-foot pricing holds well above the corridor even as the corridor adds the most new units.
For current pricing, see the Park City luxury homes and Park City luxury condos pages. For trophy and generational properties, see ultra-luxury real estate.
Which Park City Luxury Community Fits You?
A Colony ski estate, a Deer Valley branded residence, a Promontory golf home, and a new SkyRidge build can look similar in a search portal while carrying very different ownership costs, club rules, access, and resale profiles. The cards below map priorities to submarkets, with median sale price and median price per finished square foot from qualifying $4M-plus closed sales through June 26, 2026. Ranges within a card reflect the real spread between communities, not interchangeability.
Best for
True ski-in/ski-out
Empire Pass, Deer Crest, Upper Deer Valley, The Colony
$6.53M to $9.75M median sale
$2,048 to $2,380 per sqft
Best for
Private golf and club living
Promontory, Glenwild
$6.79M to $8.03M median sale
$1,052 to $1,127 per sqft
Best for
New construction and Jordanelle views
Mayflower and Jordanelle, Tuhaye, Victory Ranch
$4.83M to $5.61M median sale
$1,066 to $1,265 per sqft
Best for
Resort village and branded condos
Canyons Village, Upper Deer Valley
$6.53M to $8.6M median sale
$1,629 to $2,048 per sqft
Best for
In-town and established neighborhoods
Old Town, Park Meadows
$4.63M median sale
$1,072 to $1,498 per sqft
Source: regional MLS closed sales of $4M and above, January 1 to June 26, 2026. Submarket sample sizes range from 6 (Park Meadows) to 32 (Promontory); smaller samples carry wider variance and are shown as year-to-date medians, not long-run averages. The Colony recorded no qualifying $4M-plus closed sales in this period and is shown for category placement only. Figures are medians, not list prices, and are not a substitute for a property-level valuation.
Ski-Focused Luxury Real Estate
Ski access is the most direct value driver in the Park City prime market. True ski-in/ski-out properties command the highest per-square-foot pricing and trade on tighter supply than any other luxury category. Through June 26, 2026, Deer Crest closed at a median of $2,380 per finished square foot and Empire Pass at $2,215, the two highest figures of any tracked submarket. Three established submarkets concentrate the bulk of this inventory, with the Velvaere community at the Deer Valley Expansion now adding new ski-in/ski-out supply on the east side.
Deer Crest
Gated Deer Valley submarket with custom estate inventory and unobstructed Jordanelle Reservoir and Heber Valley views. Year-to-date closings carried the highest median price per square foot of any tracked submarket at $2,380, on a $9.75M median across seven sales.
Empire Pass at Deer Valley
Upper Deer Valley submarket with a high concentration of true ski-in/ski-out detached estates, direct trail access, and Talisker Club proximity. Year-to-date closings ran to a $7.03M median at $2,215 per square foot, with a top sale of $25M across eight closings.
Upper Deer Valley
Encompasses the Stein Eriksen Residences, the St. Regis Deer Valley, Montage Deer Valley, and the Bald Eagle Club. Branded condominiums and Bald Eagle estate inventory combine ski access with resort-level service. Year-to-date median of $6.53M at $2,048 per square foot across eleven closings, with the fastest ski-tier days on market at seven.
The Colony at White Pine Canyon
Park City Mountain ski access on roughly 4,600 acres with around 90 percent preserved as open space. Lot sizes range from about 3 acres to over 110 acres. The Colony has historically recorded among the highest average sale prices in the market. No qualifying closed sale was recorded in The Colony during this period, with most homesites already committed.
For a full overview of ski-access inventory at every prime price point, see Park City ski properties.
Golf-Focused Luxury Real Estate
Park City's private golf communities deliver four-season club amenities, gated security, and amenity depth beyond the courses themselves. Golf and club amenities generally require a separate membership or membership tier, and terms vary materially by community. The golf corridor produces high prime transaction volume; Promontory alone closed 32 qualifying sales at a $6.79M median through June 26, 2026, the most of any prime submarket, and 53 percent of those were new construction.
Promontory
Park City's largest private gated community at approximately 7,200 acres across 43 neighborhoods. Three golf courses: the Pete Dye Canyon Course, the Jack Nicklaus Painted Valley Course, and The Hills Par-3 Course (Forrest Richardson, opened 2024). Year-to-date median of $6.79M across 32 closings at $1,052 per square foot, with new custom builds driving more than half of volume.
Glenwild
Park City's first gated golf community at approximately 950 acres with a Tom Fazio-designed course. Lower density than Promontory and almost entirely large custom homes, which lifts its $8.03M year-to-date median above Promontory's across eight closings. Roughly 30 minutes from Salt Lake City International and 10 minutes from Park City Mountain Resort.
Tuhaye
Wasatch County club community on the east side of the Jordanelle Reservoir with a Mark O'Meara course and Talisker Club membership, which provides member access to Deer Valley facilities. Year-to-date median of $5.61M across eight closings at $1,066 per square foot, with half the volume new construction including 2026 builds.
Victory Ranch
Working-ranch setting along the Provo River corridor with a Pete Dye course, fly-fishing, sporting clays, and equestrian facilities. South Jordanelle area closings ran to a $4.83M median at $1,265 per square foot across seven sales, predominantly established Juniper Cabin and custom estate inventory.
For a side-by-side comparison of Park City and Wasatch County golf communities, see the Park City golf communities guide. Red Ledges, the Jack Nicklaus community in Heber Valley with a Deer Valley ski access program, is covered at Red Ledges.
How the Deer Valley Expansion Is Reshaping the Luxury Market
The clearest change in the Park City prime market this year is geographic. The Deer Valley Expansion has brought new ski terrain, a new base area, and gondola access online along the east side of the Jordanelle Reservoir, and prime new construction has followed. The Mayflower and Jordanelle corridor accounted for 27 of the 132 prime closings year-to-date, about 20 percent of the $4M-plus market, at a $5.31M median. Sixty-three percent of those corridor sales were new construction, against 40 percent across the prime market as a whole.
The headline sale of the corridor closed at $13.5M for a new ski-in/ski-out estate in the Velvaere community at the Deer Valley Expansion, a 2026 build of roughly 8,000 finished square feet on a cul-de-sac parcel with direct ski access and Jordanelle Reservoir views. Derrik Carlson represented the buyer on that transaction, one of the first closings of its kind in the new east-side ski base, and brings that direct experience to clients evaluating the corridor.
Below the trophy tier, two new-construction neighborhoods drove most corridor volume:
SkyRidge at Mayflower
Eight prime closings year-to-date, every one new construction built in 2025 or 2026, from $4.35M to $6.2M. Homes are positioned for Deer Valley ski-run, Mayflower, and Jordanelle Reservoir views, with turnkey deliveries and full-feature mountain-contemporary builds. The Mayflower and Jordanelle area median was $5.4M at $1,092 per square foot.
Amanti Lago
A new community of 28 homesites positioned above the Jordanelle Reservoir, with Deer Valley ski-slope views and ski-shuttle service to the Deer Valley gondola included. Two prime closings year-to-date in the $4.06M to $4.62M range, both 2026 builds, signaling early delivery in a limited-release project.
The corridor carries a longer median days on market than the established ski submarkets, at 82 days, which is consistent with pre-sale and new-construction delivery timelines rather than weak demand. For buyers, the corridor is one of the most direct routes to new ski-oriented inventory in the Park City market. For sellers of established east-side product, rising new-construction comparables are reshaping pricing expectations. Both warrant a submarket-specific conversation rather than a market-wide assumption.
Tracking the Deer Valley Expansion Corridor?
New construction at SkyRidge, Amanti Lago, Velvaere, and Tuhaye is delivering on different timelines, with different club and gondola-access terms. Get a current shortlist matched to your delivery window.
Or call or text Derrik directly at 435.200.5478
In-Town and Established Neighborhood Luxury
Buyers who prioritize walkability and proximity to town over gated acreage or new-construction corridors concentrate in two submarkets at the prime level.
Old Town
The cultural center of Park City, walkable to Main Street, the Town Lift, restaurants, and galleries. Prime inventory is concentrated in custom hillside builds with ski-resort views on smaller urban lots. Year-to-date median of $4.63M across eight qualifying closings at $1,498 per square foot, the highest in-town per-square-foot figure on the page.
Park Meadows
Park City's most established residential neighborhood, with larger lots, golf course frontage in many sections, and proximity to both ski resorts, schools, and the town center. The fastest-moving prime submarket year-to-date at a median of under two days on market across six qualifying closings, at a $4.63M median.
Ultra-Luxury and Trophy Properties
The top of the Park City market includes trophy estates, generational properties, and signature compounds. This tier concentrates in The Colony at White Pine Canyon, Deer Crest, Empire Pass, the Bald Eagle Club, and select Promontory and Canyons Village properties. Fifteen sales closed at or above $10M through June 26, 2026, with a top closing of $25.3M in Canyons Village. Off-market inventory is common at this level, and many transactions never reach public MLS marketing.
For dedicated coverage of the ultra-luxury tier, see Park City ultra-luxury real estate.
Market Observations From the Field
The data above describes where the market closed. These are the patterns behind the numbers, from direct transaction experience across these submarkets.
New construction is now 40 percent of the prime market. That is the single most important shift this year. A buyer comparing a resale estate in Empire Pass against a 2026 build in SkyRidge is weighing finished pricing and immediate occupancy against new-build warranty, current systems, and a delivery timeline. The right answer depends on the occupancy date the buyer needs, not on price alone.
The Deer Valley Expansion pulled prime supply east. For years the prime map ended at the established Deer Valley submarkets. The Mayflower and Jordanelle corridor now adds new ski-oriented inventory at a $5.31M median, below the established ski-base medians but with newer product. Buyers priced out of Empire Pass or Deer Crest finished pricing are finding new construction with Deer Valley views on the east side.
Deer Crest and Empire Pass still set the per-square-foot ceiling. At $2,380 and $2,215 per finished square foot, these two submarkets remain the most expensive ground in the market. The expansion corridor adds units, not per-foot records. Trophy ski-base scarcity has not changed.
Promontory and Glenwild should not be compared on golf alone. Glenwild's $8.03M median sits above Promontory's $6.79M year-to-date, but that gap is product mix, not prestige: Promontory spans villas to estates across 43 neighborhoods while Glenwild is almost entirely large custom homes on a smaller, lower-density course. The right question is membership structure and density tolerance.
Cash is common at the top, which changes how trophy properties trade. Sixty-seven percent of prime closings were all-cash year-to-date. At the upper end, buyers who can move quickly and waive financing uncertainty often have an advantage. Off-market and privately marketed opportunities are also more common at this level, which is why a relationship-driven search can surface options that a portal search misses.
What Holds Value in the Park City Luxury Market
Land scarcity and view protection
Buildable land in the Park City corridor is limited by national forest, protected open space, conservation easements, and topography. Communities with large lot minimums and protected view corridors carry a structural scarcity premium. That same scarcity is what pushed new prime supply east toward Jordanelle, where the developable land was.
Resort infrastructure investment
Continuous capital investment in resort infrastructure supports baseline luxury pricing. The Deer Valley Expansion has brought new terrain, a new base area, and east-side gondola access online, with new ski-in/ski-out residential delivery underway in the Velvaere community. Park City Mountain has invested in lift upgrades and base area improvements. Promontory, Glenwild, and Tuhaye have all completed amenity build-outs in recent years.
Membership and amenity value
In private club communities, a meaningful share of total ownership value sits in the membership package rather than the home itself. Golf courses, ski lounges, equestrian centers, and member restaurants contribute distinct value separable from the real estate. Talisker Club membership, which appears across Tuhaye and Empire Pass inventory and provides member access to Deer Valley facilities, is a frequent value component in this market. Membership initiation, annual dues, and assessment structures vary across communities and should be evaluated alongside the property purchase.
New construction quality and delivery
With new construction at 40 percent of prime closings, build quality and delivery terms are now central to value. A turnkey 2026 build with current systems, warranty coverage, and a defined delivery date carries a different risk profile than a resale or a to-be-built contract. Builder reputation, finish level, and completion timeline should be evaluated directly, since they vary widely across the corridor.
Airport access and national buyer reach
Salt Lake City International Airport sits roughly 35 to 45 minutes from most Park City prime submarkets in typical conditions, with direct flights from the major feeder metros. Heber City Regional Airport handles private aviation traffic at approximately 20 minutes from most communities. National accessibility supports a deep buyer pool that is uncommon among Western mountain luxury markets, and shows up directly in the 67 percent all-cash share of year-to-date prime closings.
Rental capability where applicable
Branded residences in Canyons Village and select Deer Valley buildings carry rental capability that supports a portion of ownership cost. Many private club and gated communities restrict short-term rentals through CC&Rs or ownership rules. Rental eligibility should be confirmed at the property, HOA, and municipal level before purchase, since it affects long-term value.
Luxury Buying Considerations
Define use pattern before searching
Primary residence, extended-stay second home, lock-and-leave ski condo, legacy estate, and new-construction delivery are distinct ownership profiles within the prime tier. Each filters inventory differently. Searching by price alone surfaces irrelevant options.
Model membership and total carrying costs
Total cost of ownership in a private club community can include membership initiation, annual dues, transfer assessments, capital assessments, HOA dues, and property taxes. The all-in carrying cost can vary by an order of magnitude between communities and should be modeled before an offer is binding.
Weigh new construction against resale
With 40 percent of prime closings new construction, many buyers are choosing between a finished resale and a new or to-be-built home. New builds offer current systems and warranty coverage but carry delivery timelines and, in pre-sale cases, completion risk. For a defined occupancy date, finished inventory is often the more predictable path. The corridor at Mayflower and Jordanelle is where most of this decision currently plays out.
Confirm rental eligibility across three layers
Short-term rental eligibility depends on county zoning, municipal zoning where applicable, and community CC&Rs. All three layers must align for a property to be fully short-term rental eligible. Many prime communities restrict nightly rentals through CC&R structures regardless of county-level allowances.
For a complete walkthrough of the luxury buying process, see the Park City buyer's guide.
Working With a Local Park City Luxury Advisor
Park City rewards local market knowledge in ways that broader luxury residential markets do not. Two properties at the same price point in adjacent submarkets can deliver fundamentally different ownership experiences depending on ski access, club membership structure, HOA framework, build quality, view protection, and remaining buildout in the surrounding community.
A local advisor adds value in four primary areas: pricing context informed by direct transaction experience at the relevant submarket and price tier, access to off-market and pre-sale inventory through agent-to-agent and builder networks, negotiation positioning calibrated to the specific buyer pool for each community, and operational diligence on club membership terms, HOA documents, builder reputation, and delivery timelines before an offer becomes binding.
Maintained by Derrik Carlson, Resort Real Estate Advisor
REAL ESTATE IN PARK CITY, Luxury Division of KW Park City Keller Williams Real Estate. Nearly 20 years advising luxury buyers and sellers across Park City, Deer Valley, and Wasatch County, with transaction experience across ski-in/ski-out estates, branded residences, new construction, and private golf communities including The Colony, Empire Pass, Deer Crest, Promontory, and Glenwild. Recent work includes representing the buyer on a $13.5M new ski-in/ski-out estate in the Velvaere community at the Deer Valley Expansion.
Credentials: Certified Negotiation Expert, Resort and Second-Home Property Specialist, Luxury Homes Certification, Certified Luxury Estate Agent.
Direct line: 435.200.5478 | Derrik Carlson profile
Frequently Asked Questions: Park City Luxury Real Estate
What defines luxury real estate in Park City?
Luxury in Park City is defined by submarket, property type, and access category more than by a single price threshold. This page focuses on the prime tier, tracked here as qualifying closed residential sales of $4M and above. The category covers ski-in/ski-out estates in The Colony and Deer Valley, branded resort condominiums, private golf community homes, and the new-construction corridor at the Deer Valley Expansion. Through June 26, 2026, the median prime closing was $6.15M at $1,156 per finished square foot, with 67 percent of sales closing all-cash.
Where are the highest-priced luxury homes in Park City?
By price per finished square foot through June 26, 2026, Deer Crest ($2,380) and Empire Pass ($2,215) led the market, followed by Upper Deer Valley ($2,048). The Colony at White Pine Canyon has historically recorded among the highest average sale prices in the market. Fifteen sales closed at or above $10M in the year-to-date period, with a top closing of $25.3M in Canyons Village.
How is the Deer Valley Expansion changing the luxury market?
The Deer Valley Expansion has brought new ski terrain, a new base area, and east-side gondola access online, and prime new construction has followed along the Mayflower and Jordanelle corridor. That corridor accounted for about 20 percent of $4M-plus closings year-to-date at a $5.31M median, with 63 percent new construction. The headline sale was a $13.5M new ski-in/ski-out estate in the Velvaere community at the Deer Valley Expansion, on which Derrik Carlson represented the buyer. The corridor is one of the most direct routes to new ski-oriented inventory in the market.
How much of the Park City luxury market is new construction?
New construction made up 40 percent of prime ($4M-plus) closings year-to-date. It is concentrated in the Mayflower and Jordanelle corridor, where SkyRidge closed eight new builds and Amanti Lago began delivering homes, and in Promontory, where more than half of prime volume was new custom construction. Buyers weighing a new build against a resale should evaluate delivery timeline, warranty, and finish level alongside price.
Can luxury Park City properties be rented short-term?
Rental rules vary significantly across the prime market. Branded residences in Canyons Village and select Deer Valley buildings typically include managed rental programs. Many private club and gated communities restrict short-term rentals through CC&Rs or ownership rules. Three layers must align for full short-term rental eligibility: county zoning, municipal zoning where applicable, and community CC&Rs. Confirm rental eligibility at the property, HOA, and municipal level before purchase if rental income is part of the ownership model.
How accessible is Park City from major U.S. metros?
Salt Lake City International Airport sits roughly 35 to 45 minutes from most Park City prime submarkets in typical conditions via I-80, with direct flights from the major feeder metros. Heber City Regional Airport handles private aviation traffic at approximately 20 minutes from most communities. National accessibility is one of the structural advantages of the Park City market relative to other Western mountain luxury markets.
What should luxury buyers compare before choosing a Park City submarket?
Five variables drive most Park City prime property decisions: ski and resort access, club membership structure and total annual cost, new construction versus resale, short-term rental eligibility, and county location (Summit versus Wasatch). Two properties at the same price point in adjacent submarkets can deliver fundamentally different ownership experiences, so clarifying these priorities before searching narrows the relevant inventory pool meaningfully.
How does Park City luxury compare to other Western luxury mountain markets?
Park City competes with Aspen, Vail, Telluride, and Jackson Hole at the luxury end. Park City offers the shortest drive from a major international airport among the four. Inventory depth across the prime price tier is broader than in Aspen or Jackson Hole, where ultra-luxury dominates available supply. Park City also offers two ski resorts plus an expanding east-side ski base, and a deeper golf community footprint than most direct competitors.
Explore More Park City Luxury Real Estate
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Active Park City Luxury Listings
Browse current MLS inventory across the Park City luxury market. The feed below pulls from every brokerage in the regional MLS. Filter by price, neighborhood, property type, and access category. For dedicated search pages by submarket or property type, use the navigation cards above.
Listings cover Park City luxury real estate across Summit County and Wasatch County, including detached homes, branded residences, golf community properties, new construction, and ski-in/ski-out estates in scope of the regional MLS.
The information provided is for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed and should be independently verified.
The multiple listing information is provided by Park City Board of Realtors® from a copyrighted compilation of listings. The collection of listings and each listing is a registered trademark of Park City Board of Realtors®, All Rights Reserved.
Market statistics on this page reflect regional MLS closed residential sales of $4M and above from January 1 to June 26, 2026, and are provided for general orientation. They are not a property-level valuation or an offer of value. Last updated June 26, 2026.