Current Homesteads Listings in Promontory
The Homesteads at Promontory
The Homesteads is an established estate-home subdivision inside the gates of Promontory, the 6,400-acre private club community in Park City, Utah. The neighborhood sits between the Equestrian Gate and the Village Center, which gives residents direct access to the club's two championship golf courses, the Shed activity center, and the Beach House without long drives across the property.
Homes here are detached single-family residences on lots that average just over half an acre. Most sit on parcels between 0.39 and 0.85 acres, with a few larger sites approaching 1.2 acres. Construction in The Homesteads dates from roughly 2005 forward, and the subdivision has continued to add new construction through 2025, which keeps the housing stock current rather than dated.
What You Get in The Homesteads
The Homesteads is positioned as the estate-home tier within Promontory, smaller in scale than the ranch-lot communities deeper in the property but larger and more private than Promontory's townhome and cottage neighborhoods. Buyers in this subdivision are typically purchasing a primary or full-time secondary residence, not a rental, and the architecture reflects that.
- Detached single-family homes, no shared walls
- Lot sizes generally 0.4 to 1.0 acre
- Square footage typically 4,200 to 8,700 finished
- Four to five bedrooms standard, with main-level primary suites common
- Three-car heated garages, walk-out lower levels, mountain contemporary architecture
- Views of the Wasatch Back ski resorts, including Park City Mountain and Deer Valley
Homes in The Homesteads are required to follow Promontory's design review standards. That governs siting, materials, and exterior treatments, which protects long-term value across the subdivision and prevents the visual inconsistency that occurs in unrestricted neighborhoods.
Pricing and Sales Activity
The Homesteads is a low-velocity subdivision. Closed sales have averaged two to four transactions per year, with some years seeing a single sale and others none at all. That scarcity is by design. The subdivision has a fixed lot count and limited turnover, which protects pricing but also means buyers should expect to act when the right home becomes available rather than wait for selection.
Pricing has moved upward in step with the broader Promontory market. Sales in the mid-2010s closed in the $1.5M to $2.0M range. By 2020, the median had moved past $2.4M. Recent transactions have closed between $3.3M and $4.1M, with new construction commanding the upper end of that range. Sale-to-list ratio across the subdivision's full history averages approximately 95%, which reflects the negotiation room typical of homes in this price tier.
For current pricing on available homes, view the Promontory community page or call Derrik Carlson directly at 435.200.5478.
Location Inside Promontory
The Homesteads sits in the central portion of Promontory, between the Equestrian Gate access point and the Village Center. That position gives residents one of the shortest drives to the Pete Dye golf course, the Equestrian Center, and the Hub, the club's primary food and beverage facility. The Beach House, the club's swimming and family recreation venue, is also within short range.
From The Homesteads, drive time to Park City's Old Town is approximately 15 minutes, and the Salt Lake City International Airport is roughly 35 to 40 minutes via I-80 and US-40. Deer Valley's Jordanelle Gondola at the Mayflower base is a 12-minute drive, and Park City Mountain's Canyons Village is approximately 20 minutes.
Promontory Club Membership
Promontory is a private club, and access to the amenities, the two golf courses, the Shed, the Beach House, the Equestrian Center, the Alpine Lodge in Deer Valley, and the spa, requires a separate club membership. Membership is not automatic with home purchase. It is acquired through a separate transaction with the Promontory Club and is subject to application approval and current initiation pricing.
The club offers tiered membership categories, including Social and Golf options. Buyers considering The Homesteads should evaluate membership cost alongside the home purchase, as the two together define the full cost of ownership in Promontory. Current initiation fees and dues are available through the Promontory Club office and should be confirmed during the diligence period.
Who The Homesteads Works For
This subdivision works best for buyers who want a detached estate home inside a private club community without the maintenance or scale of a ranch property. The half-acre lots provide privacy and outdoor space without the upkeep demands of a multi-acre site. The location near the Village Center suits owners who plan to use club amenities regularly rather than treat the home as a rental investment.
Promontory does not have a short-term rental restriction at the subdivision level, but the architecture, lot sizing, and price point in The Homesteads tend to attract owners using the property as a primary residence, a long-stay second home, or a family legacy property rather than as a rotating nightly rental. Buyers seeking nightly rental income may find better fit in other Park City communities.
Working With Derrik Carlson on a Homesteads Purchase
Derrik Carlson is a Resort Real Estate Advisor with nearly 20 years of Park City market experience and over $135 million in career buyer-side volume. He holds CNE, RSPS, LHC, and CELA credentials and represents buyers on properties throughout Promontory, including The Homesteads, the Ranch Club Cabins, Painted Sky, Trailside, and the larger ranch-lot subdivisions.
The Homesteads transacts slowly enough that pre-market knowledge matters. Many of the strongest opportunities in the subdivision are identified before they reach the MLS, through agent relationships and direct outreach to owners who are considering selling. Working with an advisor who is active in Promontory year-round gives buyers visibility into that pipeline rather than relying solely on public listings.
To discuss a purchase in The Homesteads, request a current list of available and off-market opportunities, or schedule a tour of the subdivision, call 435.200.5478 or email Carlson@RealEstateInParkCity.com.
Frequently Asked Questions
How many homes are in The Homesteads subdivision?
The Homesteads is a fixed-lot subdivision within Promontory containing approximately 50 estate-home sites. Lot count is closed, and no new lots are being added, which limits long-term supply and protects subdivision density.
What is the average lot size in The Homesteads?
Lots in The Homesteads average just over half an acre. The smallest sites are approximately 0.39 acres and the largest approach 1.2 acres, with the typical lot falling between 0.45 and 0.85 acres.
Do I have to join the Promontory Club to buy a home in The Homesteads?
No. Club membership is not required to purchase a home in The Homesteads or anywhere in Promontory. However, access to the golf courses, the Shed, the Beach House, the Alpine Lodge at Deer Valley, and other club facilities requires a separate club membership, which is obtained through application to the Promontory Club.
Can I rent my home in The Homesteads on a nightly basis?
Promontory does not impose a subdivision-level nightly rental restriction, but the price point and ownership profile in The Homesteads skew toward primary and long-stay second-home use rather than rotating nightly rental. Buyers seeking active rental income should evaluate the property's pro forma against Promontory's HOA and club rules before committing.
What is the typical price range for homes in The Homesteads?
Recent transactions in The Homesteads have closed in the low $3M to low $4M range, with new construction trending higher. Pricing depends on age, square footage, view position, and finish level. For current available inventory and recent comparable sales, contact Derrik Carlson at 435.200.5478.
How does The Homesteads compare to other Promontory subdivisions?
The Homesteads is positioned between Promontory's townhome neighborhoods and the larger ranch-lot subdivisions. Buyers comparing options often look at Painted Sky and the Ranch Club Cabins for smaller-scale ownership, or at the larger ranch lots like Boulder Top and Ranch Estates for multi-acre sites with greater privacy. The Homesteads offers a balance: detached estate-home scale on a manageable lot, with strong proximity to the Village Center.