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: $3,473,787
Total Listings: 75
Avg. Days On Market: 177
Avg. Price/SQFT: $560
Highest Price: $12,500,000
Lowest Price: $1,285,000
Avg. Property Age: 6 YEARS
Basic Statistics (active listings)

Promontory Real Estate for Sale

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

Promontory tends to be one of the most fluid luxury real estate markets in the Park City area. The development has spectacular views of the Park City ski resorts or the Uinta Mountains. The Promontory 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. 

 

Promontory

9272 Dye Cabins Dr, Park City
  • Residential
  • 4 Beds
  • 6 Baths
  • 4,700 SqFt

9272 Dye Cabins Dr, Park City

$2,445,000 ↑ $25,000
6960 W Golden Bear Loop, Park City
  • Residential
  • 3 Beds
  • 4 Baths
  • 2,600 SqFt

6960 W Golden Bear Loop, Park City

$1,550,000
2569 Canyon Gate Rd, Park City
  • Residential
  • 5 Beds
  • 8 Baths
  • 5,731 SqFt

2569 Canyon Gate Rd, Park City

$3,299,000
9231 Alice Court, Park City
  • Residential
  • 5 Beds
  • 7 Baths
  • 5,534 SqFt

9231 Alice Court, Park City

$2,850,000
7526 N Ranch Club Trail, Park City
  • Residential
  • 5 Beds
  • 6 Baths
  • 5,186 SqFt

7526 N Ranch Club Trail, Park City

$2,745,000
8001 Western Sky, Park City
  • Residential
  • 3 Beds
  • 3 Baths
  • 2,200 SqFt

8001 Western Sky, Park City

$1,285,000
8544 N Promontory Ranch Rd, Park City
  • Residential
  • 6 Beds
  • 8 Baths
  • 9,857 SqFt

8544 N Promontory Ranch Rd, Park City

$12,500,000
6088 Dakota Trail, Park City
  • Residential
  • 5 Beds
  • 8 Baths
  • 6,200 SqFt

6088 Dakota Trail, Park City

$3,175,000
5878 Dakota Trail, Park City
  • Residential
  • 4 Beds
  • 4 Baths
  • 4,281 SqFt

5878 Dakota Trail, Park City

$1,850,000 ↓ $150,000
7911 N West Hills Trail, Park City
  • Residential
  • 7 Beds
  • 9 Baths
  • 9,000 SqFt

7911 N West Hills Trail, Park City

$4,450,000
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
7243 Ranch Club Trail, Park City
  • Residential
  • 5 Beds
  • 7 Baths
  • 6,461 SqFt

7243 Ranch Club Trail, Park City

$3,595,000
2663 E Silver Berry Court, Park City
  • Residential
  • 4 Beds
  • 6 Baths
  • 5,284 SqFt

2663 E Silver Berry Court, Park City

$2,995,000 ↑ $100,000
8340 N Promontory Ranch Rd, Park City
  • Residential
  • 4 Beds
  • 5 Baths
  • 6,029 SqFt

8340 N Promontory Ranch Rd, Park City

$3,150,000
9060 N Promontory Ridge, Park City
  • Residential
  • 5 Beds
  • 7 Baths
  • 8,213 SqFt

9060 N Promontory Ridge, Park City

$4,350,000
3117 Blue Sage Trail, Park City
  • Residential
  • 5 Beds
  • 7 Baths
  • 6,287 SqFt

3117 Blue Sage Trail, Park City

$5,125,000
8192 Western Sky, Park City
  • Residential
  • 3 Beds
  • 3 Baths
  • 2,377 SqFt

8192 Western Sky, Park City

$1,349,000 ↓ $26,000
8557 N Promontory Ridge Rd, Park City
  • Residential
  • 7 Beds
  • 9 Baths
  • 8,287 SqFt

8557 N Promontory Ridge Rd, Park City

$7,000,000
7518 Sage Meadow Dr, Park City
  • Residential
  • 5 Beds
  • 6 Baths
  • 5,594 SqFt

7518 Sage Meadow Dr, Park City

$2,800,000
2078 Saddlehorn Dr, Park City
  • Residential
  • 4 Beds
  • 4 Baths
  • 4,276 SqFt

2078 Saddlehorn Dr, Park City

$1,790,000
3385 Central Pacific Trail, Park City
  • Residential
  • 5 Beds
  • 5 Baths
  • 6,057 SqFt

3385 Central Pacific Trail, Park City

$2,995,000 ↓ $200,000
2142 E Canyon Gate, Park City
  • Residential
  • 4 Beds
  • 6 Baths
  • 4,666 SqFt

2142 E Canyon Gate, Park City

$2,295,000
3275 Signal Hill Court, Park City
  • Residential
  • 5 Beds
  • 7 Baths
  • 4,987 SqFt

3275 Signal Hill Court, Park City

$2,149,000
7958 N Sunrise Loop, Park City
  • Residential
  • 6 Beds
  • 8 Baths
  • 8,567 SqFt

7958 N Sunrise Loop, Park City

$7,500,000 ↓ $750,000

 Promontory Real Estate Listings

Why Buy a Home in Promontory:

Promontory is 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 a high 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. 

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, Beach House, Outfitter's Cabin, 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. 

Distances from Promontory to:
     Canyons Village - 8.3 Miles
     Park City Mountain - 7.6 Miles
     Deer Valley Resort - 12.9 Miles
     Deer Valley's Jordanelle Express Gondola - 9.1 Miles
     Salt Lake International Airport - 34.7 Miles 

 

Information About Building 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 about Park City new construction

 

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. 

 

Promontory Real Estate Summary Statistics |

Aug 2019 vs 2018

Statistic 19-Aug 18-Aug % Chg
Absorption Rate 13.44 13.03 3.15
Average List Price  $3,328M  $2,748M 21%
Median List Price  $2,597M  $2,375M 9%
Average Sale Price  $2,309M  $2,738M -16%
Median Sale Price  $2,237M  $2,675M -16%
Average CDOM 326 171 90
Median CDOM 71 134 -47
     
       
       
       
       
       
       
       
Statistic 2019 YTD 2018 YTD % Chg
Absorption Rate 12.01 12.01 0
Average List Price  $3,181M  $2,711M 17%
Median List Price  $2,499M  $2,299M 8.7%
Average Sale Price  $2,139M  $2,493 -14%
Median Sale Price  $1,993M  $2,289 -13%
Average CDOM 184 223 -17%
Median CDOM 71 152 -53%
     
       
       
       
       
       
       
       



 

Connect with Derrik

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 © 2019 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 20th, 2019 at 10:28am MDT.

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