The St. Regis Deer Valley is a AAA Five Diamond hotel and private residence building at Deer Valley Resort in Park City, Utah. The building operates at 2300 Deer Valley Drive, with an additional address at 3521 Deer Crest Estates Drive within the Deer Crest gate. Privately owned residences range from under 1,000 to approximately 7,200 square feet across 1 to 6 bedrooms, completed between 2009 and 2016. The Park City MLS shows 114 closed transactions for St. Regis residences, making it the most extensively documented resale market of any Deer Crest community. Prices in recent transactions have ranged from $3.85 million to $17.8 million.
Owners participate in the hotel's AAA Five Diamond service infrastructure, which includes butler service, 24-hour concierge, ski valet, a 14,000-square-foot spa, fitness center, fine dining, and an infinity pool. All utilities, exterior maintenance, security, and most operating costs are covered by the HOA, making the St. Regis one of the most operationally hands-off ownership options in Deer Valley. The trade-off is some of the highest carrying costs in the Deer Crest community.
Building Overview
The St. Regis Deer Valley opened in 2009 at 2300 Deer Valley Drive, with an additional tower address at 3521 Deer Crest Estates Drive accessed through the private Deer Crest gate. The building operates as a full-service hotel with a private residence component. Floors 1 through 7 contain the majority of residences, primarily 3-bedroom units. The top four floors hold 26 residences with 2 to 4 bedrooms in more expansive layouts, with the 11th floor penthouses reaching approximately 5,500 to 7,200 square feet.
Built
2009 to 2016
Unit Sizes
~980 to 7,200 sq ft
Bedrooms
1 to 6
MLS Closed Sales
114 transactions (2009–2026)
Active Listings
2 units, $5.4M and $11.9M
Rental Program
Opt-in Five Diamond pool
Private residence owners receive 10-foot ceilings, solid chestnut floors, gas fireplaces, oversized balconies with ski run and Jordanelle Reservoir views, in-unit washer and dryer, and direct elevator access from the secured parking garage. One dedicated heated parking space and one additional unassigned space are included. Many units also include a Deer Crest Club Membership. Residents and owners who opt into the hotel's rental management pool gain access to Five Diamond service infrastructure while the unit is in the rental rotation.
Ski Access
The St. Regis Deer Valley provides ski-in/ski-out access via two mechanisms: a hotel funicular that connects from the ski area directly to the building, and slope-side access at the building level. The Park City MLS documents the majority of St. Regis listings as "Ski Into Project" and "Ski Out of Project," meaning the access point is at the building level. A significant number of units, approximately 39 of 115 total records, also carry the "Ski to Door" designation, indicating individual-unit-level access.
In practical terms, the St. Regis ski valet handles equipment storage, boot warming, and slope connectivity for residents and guests, which delivers a functionally comparable experience to unit-level access regardless of the MLS designation for most day-to-day ownership. This is why the St. Regis is often positioned as delivering the highest-service ski ownership experience in Deer Valley even though the MLS access tier for most units is project-level rather than Tier 1 door-to-slope. For the full explanation of how access tiers compare across Deer Crest, see the Deer Crest ski-in/ski-out page.
Market Data: 17 Years of Transactions
The St. Regis Deer Valley has 114 closed MLS transactions spanning January 2009 through February 2026, making it the most complete price history of any property in the Deer Crest community. The dataset covers a full market cycle: initial developer sales in 2009 and 2010, a correction and slow mid-2010s period, recovery through 2019 to 2021, and a significant repricing event beginning in 2023.
Total MLS Sales
114 (2009–Feb 2026)
All-Time Price Range
$1.04M to $19.6M
Median Closed Price
$2.8M (all-time)
Recent Sales (2024–2026)
$3.85M to $17.8M
Cash Transactions
65% (74 of 114)
Median Days on Market
10 days
The most active years by volume were 2009 and 2010, when 21 and 18 units closed, respectively, in the initial developer sales period. Annual velocity slowed through the mid-2010s to 3 to 7 transactions per year, with 2014 representing the volume low at 5 sales and the price low at a PPSF average around $1,148. The market recovered from 2019 to 2021 and repriced sharply from 2023 onward.
The all-time price record is held by Unit 1102, an 11th-floor penthouse of approximately 7,200 square feet that sold for $19.6 million in April 2023 at 98% of the list price in 40 days. The same unit sold again in February 2026 for $17.8 million, the second-highest price in the dataset, at 89.9% of the list price in 169 days. That two-sale record for a single unit illustrates both the depth of demand at the top end and the negotiation dynamics on extended DOM listings.
Sales by size tier (all-time):
Under 1,000 sq ft
4 closings
- Price range: $1.04M to $1.45M
- Notes: Lock-out units, studio configurations
1,000 to 1,999 sq ft
66 closings
- Price range: $1.33M to $4.4M
- Notes: Most common tier, primarily 2 to 3 bedrooms
2,000 to 2,999 sq ft
30 closings
- Price range: $2.29M to $6.33M
- Notes: 3 to 4 bedrooms, upper-floor positions
3,000 to 3,999 sq ft
10 closings
- Price range: $5.13M to $8.4M
- Notes: 4 to 5 bedrooms, penthouse-tier floors
5,000+ sq ft
4 closings
- Price range: $8.69M to $19.6M
- Notes: Full-floor and multi-unit penthouses, 5 to 6 bedrooms
Price Per Square Foot: The Appreciation Story
The most significant pricing development at the St. Regis over its 17-year transaction history is the PPSF step change that began in 2023. From 2009 through 2022, average annual PPSF at the St. Regis ranged from approximately $1,100 to $1,700, with most years clustering between $1,200 and $1,500. That range held for over a decade despite broader appreciation in the Park City market.
2009–2022 Avg PPSF
~$1,100 to $1,700
2023 Avg PPSF
$2,262 (4 sales)
2024–2026 Avg PPSF
$2,038 to $2,642
The repricing appears to be structural rather than transient. In 2025, three transactions closed at an average PPSF of $2,423, ranging from $2,220 for a 2-bedroom unit to $2,695 for a 3-bedroom. In early 2026, two transactions closed at an average of $2,642. The 2024 through 2026 PPSF range of $2,001 to $2,724 represents a sustained level roughly 60 to 80% above the pre-2023 pricing band.
One important caveat: the all-time PPSF record of $2,724 belongs to Unit 903, a 3-bedroom at 3,084 square feet that sold for $8.4 million in February 2026 in 14 days. The lowest recent PPSF is $2,001, from a 2-bedroom unit that sold in November 2024. Buyers evaluating specific units should model PPSF against directly comparable units, not the broad average, since floor level, view orientation, and size tier each affect value independently.
Call Derrik Carlson: 435.200.5478
HOA and Carrying Costs
HOA dues at the St. Regis cover substantially more than at any other Deer Crest condo community. The association fees include all utilities (electricity, gas, water, sewer), cable TV, building insurance, exterior maintenance, grounds maintenance, security, shuttle service, and snow removal. The bundled structure means the net monthly cost of ownership is closer to all-inclusive than at properties where utility and operational costs are separately billed.
That bundling also produces one of the widest HOA ranges among Park City communities. Monthly dues in the dataset range from approximately $1,888 to $28,725. Quarterly dues range from $3,693 to $24,447. Annual dues from $14,438 to over $123,000. At the penthouse level, the HOA alone is a material six-figure annual cost. For any St. Regis purchase, request the current dues schedule for the specific unit number, the full HOA budget, and the reserve fund study before making an offer.
In addition to the base HOA, many units include a Deer Crest Club Membership. A transfer fee applies to resale transactions within Deer Crest. Confirm the applicable membership and transfer fee terms with the listing agent and the Deer Crest Master Association before closing.
St. Regis Snow Park Residences
The St. Regis Snow Park Residences are a separate building from the main Deer Crest location. Both carry the St. Regis brand and share amenity access.
The Snow Park Residences is a separate building in the Snow Park base area of Deer Valley, adjacent to the St. Regis Lower Resort and the Deer Valley Snow Park Lodge. According to the developer, this is the first new residential development in the Snow Park neighborhood in approximately 20 years, and the final residential development opportunity at Deer Valley Resort once complete. The developer has indicated that the building includes nine residences across two- and three-bedroom floor plans, as well as one four-bedroom penthouse. Floor plan sizes and pricing should be confirmed in the current offering documents, as the Park City MLS has one recorded closing for a Snow Park unit: a 2-bedroom residence that sold for $3.95 million in 20 days at 98.9% of list. Owners of Snow Park Residences have access to all St. Regis Deer Valley amenities and receive a full Deer Crest Club Membership. Contact Derrik Carlson at 435.200.5478 for current Snow Park availability and pricing.
Buying a St. Regis Deer Valley Residence
With 114 closed transactions on record, the St. Regis is the most data-rich resale market in Deer Crest. Buyers have actual comparable sales at multiple size tiers, multiple floor levels, and across two distinct pricing eras. That data density is an advantage relative to communities like Founders Place or The Havens, where the resale record is thin or nonexistent.
The key variables that drive per-unit value at the St. Regis are floor level, view orientation, size tier, and rental program participation history. Upper-floor units with direct views of the Jordanelle Reservoir and the ski run command the highest PPSF. Lower-floor units in the 1,000- to 1,999-square-foot range represent the most accessible entry point. Units with consistent rental histories and established rental rates carry different financial profiles than units held primarily for personal use.
The HOA structure at the St. Regis is comprehensive but requires careful review. Because utilities are bundled into dues, the true effective monthly cost of ownership is the HOA dues plus property taxes, not just the mortgage derived from the purchase price. For second-home buyers, Summit County property taxes apply at the non-primary-residence rate. Confirm current assessed values with the Summit County Assessor before closing.
Derrik Carlson has tracked St. Regis transactions since the building's first closings in 2009 and can provide a unit-specific comparable analysis, a current rental program assessment, and a full cost-of-ownership model before you make an offer. Contact Derrik at 435.200.5478 or at Carlson@RealEstateInParkCity.com. For other ski-access condos in Deer Crest, see Deer Crest condos for sale, or for the full Deer Valley ski-access picture, see Deer Valley ski-in/ski-out real estate.
St. Regis Deer Valley MLS Listings
Frequently Asked Questions