Park City, Utah Land Listings and Information
This page will show every land listing currently for sale on the Park City MLS. Also, read about how land is becoming scarce in Park City and some additional strategies to find the perfect parcel to build your new home. Park City MLS land listings include the areas of Deer Valley to the top of Park City.
Land for sale in Park City, Ut, is becoming more challenging to find. For years I've been telling buyers that other towns in North America have been at a higher price point because of the supply and demand of available land. But, only recently have we felt like lots for sale are becoming unattainable in some neighborhoods in Park City.
If you're considering building your dream home in Park City, I suggest you read our in-depth analysis of the cost of building a home here in the Park City area.
Many buyers we have worked with over the past few years have chosen to purchase in the golf course communities of Promontory and Tuhaye. Buyers enjoy the high amenity communities because there are plenty of activities on-site, and they can buy land with extensive views.
Most of the vacant parcels for sale are in the Promontory community. Otherwise, parcels of land are scattered throughout the town. The most luxurious to build a home in Park City tend to be in the gated communities of Park City. Our Park City Homes for Sale page will explain more about "What are the Best Park City Gated Communities."
If you are searching for a parcel of land just outside the Park City area, you may want to consider real estate in the Jordanelle area. Owners in Jordanelle enjoy easy access to Park City, boating, fishing, and the new ski resort of Mayflower.
Park City, Ut Land REALTOR
We've sold more parcels of land than most Park City agents in the past few years. We sell so much real estate because of our connections with builders, architects, and designers. While builders may be hard to come by for some buyers, we have designed our Park City Home Builder Services for Buyers program has allowed us to help make the building process as easy as possible for the land buyer.
Call us to discuss building on vacant land in Park City, Utah. This page shows every parcel of land for sale in Park City, Utah. There are great off-market opportunities that are worth discussing. For those looking to build a luxury ski home, we also have a webpage for ski-in-ski-out land for sale in Park City and Deer Valley.
In communities like Park Meadows, we have seen buyers purchase a low-priced home and either completely remodel the property or tear the house down and rebuild a new Park City mountain modern home. Old Town has seen many old miner homes raised and a new foundation built for the house to be like new. As land inventory becomes more scarce, it is wise to keep your options open and be creative to build what you want out of your new home.
Historical Sales Information for Park City Land
The number of Land Sales in Park City from 2017 through 2022.
Below is the historical number of sales for land in Park City, Utah. The number of Park City lot sales includes properties in the 84060 and 84098 zip codes. However, this does not include communities in the developing areas of Heber and Kamas Valleys.
Outside of 2020 - 2021, land sales have been relatively constant for the past five years.
What You Should Consider When Buying Park City Land
When buying a parcel of land to build your home, you should consider how the home will sit on the lot to capture the best views and sunlight. It is wise to have a builder and architect involved in the process early on in the process. You will want to speak with the builder about the home style you would like to build and the price to build a home with the desired finish level.
An uphill vs. downhill build can make a difference as well. Typically, downhill builds are more desirable because having the kitchen near the garage and easy access to daily activities like bringing in groceries is easier.
Land Loans in Park City, Utah
Financing land is different than a traditional mortgage in many ways. Banks or mortgage lenders tend to require more money down and a higher interest rate because the loan risks are higher. Ten to twenty acres are typically considered typical when financing land in the Park City area.
If you are considering financing land, we work with lenders that will allow buyers to finance $1,250,000 with twenty percent down or up to $2,600,000 with 25% down.
However, the lender may require an additional 5% down if the lot is unimproved without roads or utilities. Loan amounts can go high as $10,000,000 with no pre-payment penalties, balloons, or construction contract requirements. *This information is Current for 2023; however, Mortgage programs and information can change without notice.