PARK CITY LUXURY HOMES FOR SALE | $5,000,000 & Above

Find Premier Luxury Homes Listings for Sale in Park City & Deer Valley

Explore Park City's luxury homes with clear guides to top neighborhoods, including Deer Valley, Promontory, and The Colony.

Looking for a Park City luxury Realtor to help you navigate the high-end market? This site gives you direct access to the best luxury real estate in Park City, Utah—whether you're interested in a new construction estate, ski-in/ski-out home, golf property, or legacy residence.

Use this page to browse Park City luxury MLS listings priced at $5,000,000 and above. Listings are updated every 15 minutes, providing you with the latest inventory in real-time. Our neighborhood guides help you pinpoint the perfect home in the ideal location.

If you're searching for homes priced at $10,000,000+, visit our dedicated page for Ultra-Luxury Properties.

Popular Areas: Deer Valley | Colony | Park Meadows | Promontory | Glenwild

Contact Your Park City Realtor

Find the best luxury real estate in Park City, Utah, with this all-in-one resource. As a top 1% Keller Williams realtor, I share expert details on Park City's luxury communities and real estate market.

Browse properties by neighborhood using the links above or below. Can't find what you need? Reach out via phone or email.

I aim to make your home purchase smooth and help you get the best deal. With extensive experience and as a member of Keller Williams Luxury International, I guide you through every step.

Why choose me? I rank in the top 1% of Keller Williams Utah agents for sales volume and have a strong history in Park City and Deer Valley real estate. See client reviews to hear their stories.

Discover 8 Key Tips for Buying Luxury Homes in Park City

• "We found our Deer Valley ski home in two weeks. Amazing service!" – J.S., 2024
• "As out-of-state buyers, we trusted their Promontory expertise. Got a great deal!" – M.T., 2023
• "Their market knowledge made our Glenwild purchase easy." – R.L., 2025
• "Guided us to the perfect Colony estate with 6,000 square feet." – K.P., 2024

Park City offers luxury homes starting at $ 5 million. These homes range from 3,000 to 12,000+ square feet and are known for high-end finishes and locations near ski slopes or golf courses. Explore the top neighborhoods below.

Deer Valley Luxury Real Estate

Deer Valley leads in luxury real estate, with homes ranging from $3.5M to over $15M in areas such as Empire Pass and Deer Crest. Expect 4,000–10,000 square feet with ski-in/ski-out access. Sub-areas include:

• Empire Pass: Ski-in/ski-out homes, $8M–$12M, 5,000–8,000 square feet.
• Deer Crest: Estates with views, $6M+, 6,000–12,000 square feet.
• Upper Deer Valley: 70% luxury homes, $4M+, 3,500–7,000 square feet.
• Lower Deer Valley: 30% luxury homes, $3M+, 3,000–5,000 square feet.

Deer Valley's skier-only slopes and serene atmosphere make it a great choice for year-round living. Snowboarders can visit Park City Mountain Resort nearby. In 2024, Deer Valley real estate sales rose 12%.

View Deer Valley Homes

The Colony Luxury Real Estate

The Colony at White Pine Canyon, a gated ski-in/ski-out community, covers 4,300 acres with 274 parcels ranging from 3 to 113 acres. Homes start at $4M, with guest homes at 4,000 square feet and estates up to 12,000 square feet. Many parcels allow horses, and in 2025, new luxury builds were seen.

Explore The Canyon's Village Homes

Promontory: Premier Luxury Real Estate

Promontory, a 6,400-acre gated golf community, has 1,674 parcels and drives 25% of Park City's real estate deals. Homes range from $3M to $10M+, with 3,500–9,000 square feet and views of ski resorts or the Uinta Mountains. Enjoy two golf courses and a spa.

Discover Park City Golf Homes for Sale

Glenwild Luxury Real Estate

Glenwild, Park City's first gated golf community, spans 950 acres with 199 parcels. Homes start at $3.2 million and offer 3,500–8,000 square feet, with ski resort views. They are in the Park City school district, 30 minutes from Salt Lake City.

View Glenwild MLS Listings

Park City's luxury real estate market grew 10% in $3M+ home sales in 2024. Inventory fell 5% in Q2 2025, boosting demand for ski and golf homes. Deer Valley's median price is $6.5 million, while Promontory's is $ 4.8 million. See our full market report.

Why Invest? Park City real estate has experienced 8% annual appreciation since 2020, low property taxes (ranging from 0.5% to 0.7%), and rental income from ski or vacation homes, particularly during winter or the Sundance Film Festival.

Park City attracts CEOs and professionals with its high-end lifestyle. Only 40 minutes from Salt Lake Airport, it offers ski resorts, golf courses, and the Sundance Film Festival. Utah's 4.85% income tax rate and low property taxes are competitive with states like California.

Learn About The Best Neighborhoods in Park City

Start your Park City real estate search online with our tools. A two-hour property tour shows you neighborhood views and amenities. Remote? A quick call narrows your options fast.

I work with top inspectors and title companies for a secure purchase. Read the Park City Buyer's Guide to see why a top 1% realtor matters.

• How much does it cost to build a luxury home in Park City?
  • Building starts at $800 per square foot, not including land or landscaping.
• Are there great lots left in Deer Valley?
  • Yes, Red Cloud and Moon Shadow in Empire Pass have prime lots.
• Is Park City the same as Deer Valley?
  • No, Deer Valley is a resort area in Park City.
• How current are your MLS listings?
  • Our site updates every 15 minutes from the Park City MLS. Last updated: July 2, 2025.
• What's the best place to buy luxury real estate in Park City?
  • It depends on your needs, views, finishes, or location. I'll find your ideal home!
• What are the ultra-luxury areas of Park City?
  • Homes over $10M are in Deer Crest, Bald Eagle, and The Colony.
• What are luxury real estate options near Park City?
  • Try Red Ledges, Tuhaye, Victory Ranch, or Wolf Creek Ranch.
• Are all real estate websites aligned with the Park City Board of Realtors?
  • No, many lack local knowledge. Sign up for our daily real estate updates.
• What are your fees for buyers?
  • Sellers cover my buyer services through a set commission.
• What is typical earnest money for a luxury home?
  • Usually 3–5% of the offer price.
• Can I rent out my Park City luxury home?
  • Yes, ski and golf homes earn strong rental income in winter. Check local rules.
• How do I choose between ski and golf properties?
  • Ski homes (e.g., Deer Valley) are great for winter; golf homes (e.g., Promontory) suit year-round living. Book a tour to decide.
• What square footage can I expect for Park City luxury homes?
  • Homes range from 3,000 to 12,000+ square feet, varying by neighborhood and price.

Explore Park City Luxury Homes Priced Above $5 Million

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New

$6,900,000

156 Sandridge Road, Park City

3 Beds 4 Baths 2,144 SqFt Residential MLS® # 12504504

New

$5,000,000

164 Mountain Top Drive, Park City

6 Beds 4 Baths 5,363 SqFt Residential MLS® # 12504464

New

$9,295,000

1440 Snow Berry Street, Park City

6 Beds 7 Baths 10,703 SqFt Residential MLS® # 12504460

New

$6,950,000

8947 Parleys Lane, Park City

7 Beds 8 Baths 6,299 SqFt Residential MLS® # 12504447

New

$5,479,000

3101 Hills Ridge Road, Park City

5 Beds 6 Baths 5,828 SqFt Residential MLS® # 12504387

$8,000,000

1825 W Red Hawk Trail, Park City

5 Beds 8 Baths 12,138 SqFt Residential MLS® # 12504349

$27,500,000

258 White Pine Canyon Road, Park City

7 Beds 10 Baths 15,237 SqFt Residential MLS® # 12504234

$9,200,000

3376 E Wapiti Canyon Road, Park City

5 Beds 7 Baths 7,332 SqFt Residential MLS® # 12504183

$5,000,000

896 W Deer Hill Road, Park City

5 Beds 7 Baths 5,000 SqFt Residential MLS® # 12504182

$8,150,000

↓ $325,000

755 Rossie Hill Drive, Park City

5 Beds 6 Baths 4,600 SqFt Residential MLS® # 12504177

$16,900,000

9985 Summit View Drive, Park City

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

$8,850,000

7846 Aster Lane, Park City

5 Beds 7 Baths 7,272 SqFt Residential MLS® # 12504164

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Next

• Ski Real Estate
• Park City Golfing Communities
• New Construction in Park City
• Keller Williams Park City | Keller Williams Luxury International
• Park City Neighborhoods

Last Updated: July 3, 2025

About Derrik Carlson