Promontory Park City Homes for Sale

Promontory real estate for sale boasts of mountain elegance and the luxury lifestyle with incredible amenities.  Promontory Club is one of the most fluid luxury markets in the Park City area. The development has spectacular views of the Park City ski resorts or the Uinta Mountains. The area offers several different types of homes and club memberships. Resale homes may have different types of memberships than the developer is currently offering which should be taken into consideration when considering the value of a Promontory home. Promontory takes pride in making the development's membership multi-generational by including trails, dog parks, wine and food, equestrian center, “The Shed”, tubing hill, ponds, shuttles to ski resorts and much more. 

Search: Promontory Homes | Promontory Land | Promontory Nightly Rentals | Park City Golf Communities

Real Estate Update for Promontory During Covid-19: (Updated Sept. 2020)

There are currently 635 homes completed, 69 under construction as of September 2020, and 44 in design review.   There has been a record number of sales in Promontory in 2020 with $275M worth of real estate sold this year, that's up from $214M in 2019.  Promontory accounts for 23% of land sales in the Park City area.

  • YTD Sold vs Pending Volume in Promontory is higher in 2020 than it was in 2019. 
  • The real estate market in Promontory is very strong with more pending properties than available homes. 
  • Construction continues on the Nicklaus Clubhouse expansion & future development.
  • To view properties for sale in Promontory, there have been a few new simple policies put in place. 

Call Us to Discuss Promontory Real Estate

Promontory Real Estate Facts:

Size of Promontory: 6,400 Acres
Open Space: 60%
Total Homes Sites: 1,674
Sold Home Sites: 1,056 (2020)
Number of Neighborhoods: 30 

Promontory Membership Facts (Sept 2020):

Total Number of Members: 699
Full Members (Golf): 76%
Social Members: 24%

 

Why Would You Choose to Buy a Home in Promontory:

Promontory Real Estate ListingsPromontory is much more than a luxury golf community! The development was originally designed as a second home community for Park City but because of the lifestyle, it has proven to be a great option for primary residences. Promontory homeowners love the convenience of the area, amenities for multi-generations, panoramic views, golf, skiing, and exceptional quality of life. If you are looking to go off grounds for a little fun in the summer you can nearby Jordanelle reservoir which allows for recreational boating and fishing. 

Did you know there are sections within this community that allow for short term rentals? 

Small areas such as the cabins or villas allow homeowners to offset some of the cost of ownership by allowing nightly rentals through the Promontory management program. 

Promontory Amenities: Dye Canyon Golf Course, Nicklaus Painted Valley Golf Course, Ranch Clubhouse and Fitness Spa, Alpine Lodge at Deer Valley, Shed Clubhouse, Kid's Cabin, The Beach (photo below), Equestrian Center, Mountain Garden Park & Boat House, Golf House, The Hub, PC Lodge at Park City Mountain Resort, and 140,000 square feet of finished clubhouse space.  The onsite Outfitter's Cabin will allow you easy access to fly fishing, kayaking, mountain biking, water skiing, and almost any outdoor activity you enjoy. 

Information About Building a Home in Promontory:

Promontory has been the top area in Park City for new construction with approximately forty to sixty homes under construction at all times. With 1,674 total homesites and over 1,000 homesites sold, Promontory is one of the few areas in Park City that offers land for sale with great unobstructed views. When building your home you are allowed to choose any builder or architect but I would suggest you go with a local architect that is familiar with the design guidelines. Reach out to me for the design guidelines, CC&Rs, and construction regulations as they are available upon request. I can also suggest great builders and architects that are familiar with Promontory. Do you love newly built homes in Park City? View our page on Park City Builder Services Program

The Beach at PromontoryDistances from Promontory to:
     Whole Foods - 5.4 Miles
     Main St. Park City - 8 Miles
     Canyons Village - 8.3 Miles
     Park City Mountain - 7.6 Miles
     Deer Valley Resort - 12.9 Miles
     Deer Valley's Jordanelle Gondola - 9.1 Miles
     Salt Lake International Airport - 34.7 Miles

View Every Promontory Real Estate Listing for Sale

New
9129 N Hidden Hill Loop, Park City
  • Residential
  • 5 Beds
  • 5 Baths
  • 4,812 SqFt

9129 N Hidden Hill Loop, Park City

$3,350,000
New
2515 Merrimak Lane, Park City
  • Residential
  • 4 Beds
  • 4 Baths
  • 3,984 SqFt

2515 Merrimak Lane, Park City

$1,900,000
5847 Dakota Trail, Park City
  • Residential
  • 6 Beds
  • 7 Baths
  • 8,080 SqFt

5847 Dakota Trail, Park City

$4,495,000
3748 E Rockport Ridge Rd, Park City
  • Residential
  • 5 Beds
  • 6 Baths
  • 5,540 SqFt

3748 E Rockport Ridge Rd, Park City

$2,745,000
8947 N Promontory Ridge Dr, Park City
  • Residential
  • 5 Beds
  • 6 Baths
  • 5,729 SqFt

8947 N Promontory Ridge Dr, Park City

$3,700,000
2563 Julia Court, Park City
  • Residential
  • 5 Beds
  • 5 Baths
  • 5,549 SqFt

2563 Julia Court, Park City

$2,750,000 ↑ $250,000
7971 N West Hills Trail, Park City
  • Residential
  • 6 Beds
  • 10 Baths
  • 12,340 SqFt

7971 N West Hills Trail, Park City

$10,200,000
3388 Central Pacific Trail, Park City
  • Residential
  • 7 Beds
  • 8 Baths
  • 7,783 SqFt

3388 Central Pacific Trail, Park City

$4,295,000 ↑ $95,000
1133 Canyon Gate Rd, Park City
  • Residential
  • 4 Beds
  • 5 Baths
  • 4,510 SqFt

1133 Canyon Gate Rd, Park City

$2,200,000
9311 Golden Spike Court, Park City
  • Residential
  • 5 Beds
  • 8 Baths
  • 6,895 SqFt

9311 Golden Spike Court, Park City

$4,600,000
8298 N Promontory Ranch Rd, Park City
  • Residential
  • 6 Beds
  • 8 Baths
  • 9,394 SqFt

8298 N Promontory Ranch Rd, Park City

$9,200,000
7751 N Westhills Trail, Park City
  • Residential
  • 4 Beds
  • 6 Baths
  • 8,086 SqFt

7751 N Westhills Trail, Park City

$3,799,000 ↑ $600,000
6874 W Golden Bear Loop, Park City
  • Residential
  • 4 Beds
  • 4 Baths
  • 2,876 SqFt

6874 W Golden Bear Loop, Park City

$2,050,000 ↓ $150,000
8788 Silver Light Lane, Park City
  • Residential
  • 4 Beds
  • 6 Baths
  • 5,675 SqFt

8788 Silver Light Lane, Park City

$3,950,000
3840 Wapiti Canyon Rd, Park City
  • Residential
  • 4 Beds
  • 6 Baths
  • 5,775 SqFt

3840 Wapiti Canyon Rd, Park City

$3,600,000 ↓ $150,000
3276 Wapiti Canyon Rd, Park City
  • Residential
  • 4 Beds
  • 6 Baths
  • 5,775 SqFt

3276 Wapiti Canyon Rd, Park City

$3,800,000
6952 Painted Valley Pass, Park City
  • Residential
  • 4 Beds
  • 6 Baths
  • 4,700 SqFt

6952 Painted Valley Pass, Park City

$3,000,000 ↑ $200,000
3216 E Westview Trail, Park City
  • Residential
  • 5 Beds
  • 5 Baths
  • 5,600 SqFt

3216 E Westview Trail, Park City

$2,600,000 ↓ $300,000
3220 Antler Court, Park City
  • Residential
  • 6 Beds
  • 8 Baths
  • 9,301 SqFt

3220 Antler Court, Park City

$3,999,000 ↓ $601,000
2514 Saddlehorn Dr, Park City
  • Residential
  • 4 Beds
  • 5 Baths
  • 4,300 SqFt

2514 Saddlehorn Dr, Park City

$2,350,000
8172 N Ranch Garden Rd, Park City
  • Residential
  • 4 Beds
  • 5 Baths
  • 6,219 SqFt

8172 N Ranch Garden Rd, Park City

$3,850,000 ↓ $350,000
9065 N Promontory Ranch Rd, Park City
  • Residential
  • 5 Beds
  • 7 Baths
  • 9,197 SqFt

9065 N Promontory Ranch Rd, Park City

$3,695,000 ↓ $100,000
9272 Dye Cabins Dr, Park City
  • Residential
  • 4 Beds
  • 6 Baths
  • 4,700 SqFt

9272 Dye Cabins Dr, Park City

$2,460,000 ↑ $15,000
9231 Alice Court, Park City
  • Residential
  • 5 Beds
  • 7 Baths
  • 5,534 SqFt

9231 Alice Court, Park City

$2,495,000 ↓ $255,000

Have you tried our advanced Park City MLS search?  You can easily search & filter properties by neighborhood, price, amenities, ski access, and more to find exactly what you're looking for in a Park City Property.

Important Items to Know When Buying Promontory Real Estate

Transfer Fee & Property Taxes

An item that is not often mentioned when searching for properties in Promontory is that there is a 1% transfer fee on homes and land when buying a real estate in Promontory. Typically the buyer pays the transfer fee but it's possible that the seller would be willing to pay the transfer fee.  Another item to note is that there are some smaller cabin type products that will not allow for a primary residence tax rate. In order to get the density that was required for the particular neighborhoods, it was ensured that they would always be taxed at a second homeowner rate which is close to 1.1% of assessed value. The other unique thing about the "cabin" product is that they are the only homes that owners can rent on a short term basis.  

For more information on MLS Listings in Promontory contact me.  I can provide you with Promontory real estate information such as the history of past property sales which includes dates and prices. I have a catalog with HOA documents, subdivision maps, design guidelines, and much more information on homes and condos in Park City, Utah. 

What are the fees to Join The Promontory Club? 

Below you will find the HOA fees and dues to join the Promontory social membership, golf club, and equestrian membership. 

The HOA dues for Promontory are $3,000 annually but other memberships include: Updated (9/9/2020)

  •   Social Membership: $75,000 deposit - Annual Dues $9,600
  •   Golf Club Membership: $150,000 deposit - Annual Dues $13,200
  •   Equestrian Membership: $35,000 is $15,000 (in addition to Social or Full) $4,200

Primary Residences Verses Non-Primary Residences of Promontory

Roughly 27% of homeowners in Promontory are primary residences.  These homeowners enjoy Park City for more than six months a year.  

Current Promontory Real Estate Statistics
Promontory Facts: Promontory is a 6,400-acre luxury real estate development that offers 24 unique neighborhoods in Park City, Utah. There are 1,674 home sites that offer views of the Park City ski resorts and 60% of the land is preserved for open space. Homes are built around two separate golf courses that were designed by Pete Dye and Jack Nicklaus. Promontory offers full memberships as well as social memberships. Below you can view every home and parcel of land for sale in Promontory.
Property Types (active listings)
Average Price: $3,783,724
Total Listings: 29
Avg. Days On Market: 268
Avg. Price/SQFT: $573
Highest Price: $10,200,000
Lowest Price: $1,900,000
Avg. Property Age: 6 YEARS
Basic Statistics (active listings)

Promontory Home Sales Statistics - Jan 2018 to December 2019

Promontory Sales History Chart

Date Active New   Sold   Supply/Mo
12/1/2019 71 14 11 6.45
11/1/2019 76 5 6 12.67
10/1/2019 80 15 11 7.27
9/1/2019 78 7 8 9.75
8/1/2019 84 12 7 12
7/1/2019 83 10 7 11.86
6/1/2019 77 14 4 19.25
5/1/2019 69 15 4 17.25
4/1/2019 65 8 7 9.29
3/1/2019 71 7 3 23.67
2/1/2019 69 22 7 9.86
1/1/2019 64 7 4 16
12/1/2018 69 13 7 9.86
11/1/2018 72 7 8 9
10/1/2018 70 10 8 8.75
9/1/2018 77 8 7 11
8/1/2018 75 18 9 8.33
7/1/2018 76 15 2 38
6/1/2018 75 15 9 8.33
5/1/2018 64 16 6 10.67
4/1/2018 69 9 3 23
3/1/2018 70 12 3 23.33
2/1/2018 76 6 5 15.2
1/1/2018 73 6 1 73

 

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Have Any Real Estate Questions You Want Answered?


Thinking about building a home in the Promontory neighborhood of Park City, Utah? Take a look at a recent article I wrote about "What Size of Home Can I Build in Promontory?"

 

 

The information provided is for consumers' personal, non-commercial use and 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 accurate, and should be independently verified.

Park City Board of Realtors Logo The multiple listing information is provided by Park City Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2020 Park City Board of Realtors®, All Rights Reserved. Access to the multiple listing information through this website is made available by KW Park City Keller Williams as a member of the Park City Board of Realtors® multiple listing service. No other entity, including a brokerage firm or any franchisor, may be listed in place of the specific Listing Broker on the foregoing notice. Terms of Use

Listing information last updated on September 22nd, 2020 at 2:58pm MDT.

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