About This Page
This guide to new construction in Park City and Deer Valley is maintained by Derrik Carlson, Resort Real Estate Advisor at KW Park City Keller Williams Real Estate, drawing on nearly 20 years of local market experience and more than 70 buyer-side transactions totaling over $135 million. MLS listings update automatically. Guide content reviewed July 2026.
Browse live MLS listings, compare developments from Canyons Village to Empire Pass, and get buyer-side guidance across Park City, Deer Valley, and the surrounding resort communities.
This page covers new-construction homes, condos, and townhomes across Summit County and Wasatch County: ski-oriented residences, branded developments, private golf communities, and custom builds. To narrow options quickly, call 435.200.5478 or contact us with your use pattern, rental plans, ski access needs, and budget.
New Construction in Park City: At a Glance
Primary locations: Canyons Village, Deer Valley Resort (Empire Pass, Deer Crest, Expansion), Promontory, Jordanelle corridor, Old Town Park City
New condo/townhome range: Starting around $1 million, exceeding $10 million in Empire Pass and Deer Crest
New detached home range: Typically $3 million to above $20 million, depending on location and ski access
Nightly rental eligibility: Approximately 70% of newer inventory allows nightly rentals
Dominant style: Mountain Contemporary (roughly two-thirds of recent builds)
Active development zone: Deer Valley Expansion, with Cormont Tower Two and the planned Waldorf Astoria at Deer Valley
Current MLS Listings: New Construction in Park City and Deer Valley
The listings below pull directly from the Park City Board of Realtors MLS and update automatically. Use the filters to sort by price, bedrooms, or property type across Park City, Deer Valley Resort, Canyons Village, Promontory, and the surrounding communities.
Why Buyers Choose New Construction in Park City and Deer Valley
Most new construction here is designed for dual-use ownership: personal weeks plus rental income. Roughly 70% of newer inventory allows nightly rentals, and the properties reflect that with turnkey finishes, smart-home systems, and floor plans built to perform as both a private residence and a rental asset. Builder warranties reduce near-term maintenance risk, and newer mechanical systems lower utility costs in homes where heating runs six months a year. Buyers who engage early in the construction timeline can often influence finishes and layout details before delivery.
Mountain Contemporary is the dominant style, appearing in roughly two-thirds of recent builds: low-slope rooflines, large glass, clean interior lines, natural stone and wood. Buyers who prefer traditional mountain architecture will find fewer turnkey options and may want to explore custom construction on vacant lots in Park City.
Where New Construction Is Concentrated in Park City and Deer Valley
Activity is concentrated in five zones, each attracting a different buyer profile.
Canyons Village, Park City
Canyons Village accounts for the largest share of new-construction volume in the market. Projects like Pendry Residences Park City, The Ridge at Canyons Village, and The Ascent share lift proximity, walkable village access, and established nightly rental programs. Best for turnkey ski-season ownership with a managed rental component.
Deer Valley Resort and Empire Pass
Inventory concentrates in Deer Crest and Empire Pass, with significant activity tied to the Deer Valley Expansion. Key projects include The Havens at Deer Crest, Founders Place, Argent, Sommet Blanc, and Empire Residences. Best for buyers who prioritize ski-in/ski-out access, Talisker Club eligibility, and long-term value in a supply-constrained area. See Deer Valley New Construction.
Promontory, Park City
Promontory has produced the second-highest new-construction volume in the area, with sub-communities like Double Deer Cottages, Aspen Camp, and Villas at Painted Valley creating a range of lot types and configurations. Best for buyers who want a private club lifestyle with golf on the Pete Dye Canyon and Jack Nicklaus Painted Valley courses, about 15 minutes from both ski resorts.
Jordanelle Corridor, Wasatch County
The Jordanelle corridor continues to attract development, driven by the Deer Valley Expansion and proximity to the reservoir and US-40. Best for newer construction near resort areas at a lower cost basis than ski-village properties.
Old Town Park City
Old Town sees selective teardown-replacement projects plus developments like Kings Crown, a ski-in/ski-out community near Main Street. New detached homes here typically sell above $3 million. Best for buyers drawn to Main Street walkability and Town Lift access paired with modern construction standards.
Deer Valley Expansion: New Development Opportunities
The Deer Valley Expansion is the most significant active development zone in the area, adding terrain, lifts, and a base village on the east side of Deer Valley Resort near the Jordanelle Reservoir. For buyers tracking new construction on the east side of the resort, two questions shape the decision: whether the expansion base area fits your long-term use pattern, and whether branded full-service ownership suits your cost structure.
Cormont at Deer Valley: Tower Two Residences
Cormont places owners at the center of the expansion village. Tower Two is a limited release of 49 fully furnished residences. Pricing starts at $1,995,000 for a one-bedroom and reaches $9,750,000 for the four-bedroom penthouse; two-bedrooms range $2,745,000 to $3,727,000 and three-bedrooms $3,727,000 to $4,697,000. For current availability, schedule a call.
Waldorf Astoria at Deer Valley
A full-service luxury project planned for the expansion base area, pairing branded hotel amenities with walkable village access. I recommend separating the two decisions: whether the base-area location fits your routine, and whether branded ownership fits your flexibility preferences.
The Havens at Deer Crest
The Havens is a boutique community of 32 slopeside townhomes in Deer Crest with true ski-in/ski-out access, gondola connectivity, and a lock-and-leave ownership model. Nightly rentals are permitted.
Comparing Deer Crest, the Deer Valley Expansion, and Empire Pass? Tell us what matters most, and we will identify the developments that match. Contact us or call 435.200.5478.
Newer Luxury Condos and Townhomes in Park City and Deer Valley
Most higher-end condo volume has come from two zones: the Deer Valley Resort area and Canyons Village. Developer-sold projects move quickly, and resale inventory appears as original buyers turn over units, often within one to two years.
Deer Valley and Empire Pass Condos
Empire Pass has the highest concentration of luxury new-construction condos in the Deer Valley orbit: Sommet Blanc (newest, direct ski access), Argent (completed 2021/2022, steady resale activity), Empire Residences, One Empire Pass, The Belles, and The Residences at The Tower. Outside Empire Pass: Goldener Hirsch in Silver Lake Village, Founders Place, Deer Pointe and The Havens in Deer Crest, and St. Regis Snow Park, under construction in Snow Park.
Canyons Village Condos and Townhomes
Pendry Residences is one of the highest-volume newer projects in the market, adjacent to the Sunrise Chair Lift. The Ascent offers full-service luxury at the base. The Ridge offers townhomes with two-car garages, Apex Residences larger mountain townhomes, Viridian sits on the Canyons Golf Course near the Frostwood Gondola, and Blackstone, Elevations, and Frostwood Villas fill out the village footprint.
Old Town and Other Park City Locations
Kings Crown offers ski-in/ski-out ownership near Main Street. Roundabout is a modern condo collection on the route to Deer Valley. Enclave at Sun Canyon offers contemporary homes from 2,100 to 6,700 sq ft in Sun Peak. For alerts when new listings appear in a specific development, let us know.
A note on availability: Some developments carry naming and trademark restrictions that limit what can be published on a public webpage. If you are actively comparing projects, call and we will share what we can, including trade-offs that do not appear online.
New Construction Homes in Park City Golf Communities
The golf communities produce the majority of new detached homes in the broader market. Each serves a distinct buyer.
Promontory, Park City
Promontory offers the widest range of new-home options, anchored by the Pete Dye Canyon and Jack Nicklaus Painted Valley courses and a deep amenity package, about 15 minutes from both ski resorts. Draws both second-home and full-time owners.
Tuhaye, Wasatch County
Tuhaye is roughly half Promontory's size at a higher elevation, with panoramic Jordanelle, Deer Valley, and Heber Valley views. New subdivisions continue to open. Appeals to buyers seeking a more private, elevated setting with a smaller membership.
Victory Ranch
Victory Ranch sits within 30 minutes of both resorts and emphasizes outdoor recreation beyond golf: fly fishing, sporting clays, equestrian, and trail systems. For buyers whose priorities extend across all four seasons.
Red Ledges, Wasatch County
Red Ledges offers red-rock terrain, a Jack Nicklaus Signature course, and a warmer shoulder-season climate than the Park City core. Strong for buyers less focused on weekly ski access.
Building a Custom Home in Park City, Utah
Custom construction remains a strong path for buyers who want a location, floor plan, or finish level that turnkey inventory does not offer. Our Park City Home Builder Services for Buyers page outlines the approach, and you can search Park City vacant lots by price range.
Three cost factors consistently surprise buyers. Location and grading significantly affect total costs: a flat Promontory lot costs far less to prepare than a steep site in Old Town or The Colony. Summit County permits and fees add up faster than most expect. And excavation can vary by tens of thousands of dollars between similar parcels, so get a specific excavation estimate before committing to a lot. We have referrals for established builders, architects, attorneys, and mortgage brokers experienced in financing new construction.
What Current New-Construction Inventory Tells Buyers in Park City
Canyons Village has the deepest resale pipeline. More new-construction transactions have closed there than in any other zone, so more resale inventory will surface over the next several years, particularly in Pendry and The Ridge.
Mountain Contemporary is the default. Roughly two-thirds of recent builds carry the designation, across both condo and detached inventory. Buyers seeking different architecture should consider custom builds or communities like Victory Ranch and Red Ledges.
Nightly rental eligibility is common but not universal. About 70% of newer inventory allows nightly rentals; the remaining 30% carries HOA or municipal restrictions. If rental income is part of your strategy, verify the rules for each development before submitting an offer.
New detached homes concentrate above $3 million. Buyers seeking new construction below that threshold will find more options in townhomes and condos.
The Deer Valley Expansion is reshaping the supply map. Several years of new inventory are still ahead in the expansion zone, with options, pricing, and village infrastructure evolving on a compressed timeline.
Why Buyer Representation Matters When Buying New Construction in Park City
Developer sales offices represent the developer. On a new-construction purchase, a buyer's agent reviews the contract language, compares the project to market alternatives, evaluates HOA structure and projected costs, assesses delivery risk, and negotiates pricing, upgrades, or terms. Rental rules, resale restrictions, and transfer fees vary widely between developments, and those details carry real financial implications. In most cases, the developer pays the buyer's agent commission, so representation comes at no added cost to you.
We have closed more than 70 buyer-side transactions totaling over $135 million in this market, including new condos, developer properties in private communities, and custom homes. Read more: Buyer's Representation for New Construction in Park City. If you purchased new construction in recent years and are considering selling, buyers will compare your home directly against active developer offerings; contact us for a confidential valuation conversation.
Frequently Asked Questions About New Construction in Park City and Deer Valley
Where is most new construction happening in Park City right now?
The highest concentration of new-construction activity in the Park City area is in Canyons Village at Park City Mountain Resort, followed by Promontory, the Deer Valley Resort area (Deer Crest, Empire Pass, and the Deer Valley Expansion), and the Jordanelle corridor in Wasatch County. Canyons Village leads in condo and townhome volume. Promontory leads in new detached homes.
What is the price range for new luxury construction in Park City and Deer Valley?
New-construction condos and townhomes in ski-oriented locations generally start around $1 million and range well above $10 million in Empire Pass and Deer Crest. New detached homes in private club communities and resort areas typically list from $3 million to above $20 million, depending on location, size, and ski access.
Can I rent out a new-construction property in Park City?
Approximately 70% of new-construction properties in the Park City and Deer Valley area allow nightly rentals. However, rules vary by development, HOA, and municipal jurisdiction. Some communities restrict minimum stay lengths, cap occupancy, or require a designated management company. Always verify rental eligibility for a specific property before purchasing.
What should I know about building a custom home in Park City?
Construction costs in Summit County and Wasatch County vary widely based on location, grading, materials, and finish level. The three factors that most often surprise buyers are site preparation costs, permit and fee structures, and the difference in grading expense between flat lots and steep terrain. Work with an established local builder and get a specific excavation estimate before committing to a parcel.
Do I need a real estate agent when buying new construction from a developer in Park City?
It is strongly recommended. Developer sales offices represent the seller. A buyer's agent reviews the purchase contract, evaluates the deal against comparable options, assesses HOA structure and ongoing costs, and negotiates on your behalf. In most new-construction transactions in Park City, the developer pays the buyer's agent commission.
What architectural style is most common in Park City new construction?
Mountain Contemporary is the dominant style, appearing in roughly two-thirds of recent builds: flat or low-slope rooflines, large windows, clean interior lines, and natural material palettes. Buyers who prefer traditional mountain architecture will find fewer turnkey options and may want to pursue custom construction.
What is the Deer Valley Expansion and how does it affect new construction?
The Deer Valley Expansion is adding new terrain, lifts, and a base village on the east side of Deer Valley Resort near the Jordanelle Reservoir in Wasatch County. Major residential projects tied to the expansion include Cormont at Deer Valley and the planned Waldorf Astoria at Deer Valley. This is the largest active development zone in the area and will continue producing new luxury inventory for several years.
Which Park City communities offer the most new-construction options above $1 million?
For condos and townhomes above $1 million, Canyons Village and the Deer Valley Resort area offer the deepest selection. For new detached homes, Promontory has the widest inventory, followed by Tuhaye, Victory Ranch, and Red Ledges. The Deer Valley Expansion zone is also producing significant new inventory in the $2 million to $10 million range.
Related Pages
Deer Valley New Construction | Ski-In/Ski-Out Properties | Luxury Properties | Golf Communities | Jordanelle Real Estate | Vacant Lots | Market Updates
Ready to Compare New-Construction Options?
Tell us your use pattern, rental plans, and budget, and we will narrow the developments that fit before you spend time on tours.
Derrik Carlson, Resort Real Estate Advisor | KW Park City Keller Williams Real Estate