Treasure Mountain Inn Condos for Sale
Exceptional location on Main Street for walkability and value—no better spot at this price point.
Treasure Mountain Inn Real Estate Information
Current MLS Listings for Treasure Mountain Inn
Treasure Mountain Inn (TMI) is a condominium hotel located at 255 Main Street in Park City, Utah. Built in 1963, it was Park City's first modern hotel and played a key role in supporting the Treasure Mountain Ski Area, which has since evolved into the Park City Mountain Resort. The property blends historical charm with modern updates, operating as a locally managed condo-hotel in which individual units are privately owned but can be rented through the hotel's system. It's known for its eco-friendly practices, including carbon neutrality, and for an informal yet elegant mountain aesthetic. As a buyer, you'd purchase a condo unit that can serve as a personal residence, vacation home, or rental property, with access to hotel-like services.
Treasure Mountain Inn condominiums for sale at 255 Main Street, Park City, Utah, were built in the early 1960s and are a bit of a modern, old-fashioned hotel. The building includes a small pool, elevators, commercial space, and dining facilities. This property works well as a Park City investment property since it is conveniently located toward the top of Main Street.
Treasure Mountain Inn Condos on Historic Main Street, Park City
Three different buildings make up the Treasure Mountain Inn. Building A, B, and C. All three buildings have assigned storage stalls, but only building A has an underground parking space assigned to each unit - this is deeded on the plat map. Many residences have been updated in the past few years, but a few vintage units remain.
Treasure Mountain Inn tends to have many rentals because of the location and amenities. The amenities include conference rooms, a hot tub, a fitness room, a laundry area, a nail salon, dining, and a coffee shop. In addition, skiing from Treasure Mountain Inn is relatively easy if you jump on the free Trolley service that shuttles skiers on Main St to Town Lift.
Location
Situated at the top of Park City's Historic Main Street in the Old Town neighborhood, Treasure Mountain Inn offers prime access to over 200 unique shops, restaurants, galleries, and nightlife spots. It's flanked by Deer Valley and Park City Mountain Resorts, with ski slopes just a short stroll or free trolley ride away. The property is at 7,000 feet elevation in a town of about 8,000 residents, providing year-round activities: 9,026 skiable acres in winter and hundreds of miles of trails for hiking and biking in summer. Proximity to Salt Lake International Airport (about 45 minutes) makes it convenient for out-of-town owners. For buyers, this central location enhances rental potential and resale value, especially during events like the Sundance Film Festival.
What to Know When Buying a Treasure Mountain Inn Condo
Treasure Mountain Inn is considered a condo hotel that restricts the number of mortgage lenders that will lend on the property. The front-desk management company handles a large share of the rentals. Still, you can use an outside property management company to manage your property for nightly rentals. I feel the location and current prices make Treasure Mountain Inn a value buy!
Amenities and Facilities
The inn provides a range of shared amenities that add value for owners and renters. These are covered under HOA fees and include eco-conscious features. Here's a breakdown:
| Category | Details |
|---|---|
| Outdoor/Recreational | Year-round hot tub with water feature, outdoor terrace, garden, outdoor fireplace, ski storage, seasonal shuttle to slopes, bike-friendly facilities. |
| Fitness and Wellness | On-site gym/fitness center, spa (Alpen + Hyde Spa). |
| Convenience | Underground parking (typically 1 space per unit), on-site laundry, business center, free high-speed WiFi, elevator, bicycle parking. |
| Event/Meeting Spaces | Conference rooms and flexible spaces for meetings, events, or film screenings; scalable for up to corporate gatherings. |
| Dining and Retail | On-site options like Tekilla Mexican Grill & Cantina, Nails On Main; kitchenettes or full kitchens in units for self-catering. |
| Eco and Tech Features | Carbon-negative operations, recycling programs, wind energy support, water conservation, smart thermostats in some units. |
| Unit-Specific (Varies by Condo) | Balconies/decks, DVD players, coffee/tea makers, mini-splits for heating/cooling, appliances (dishwasher, microwave, etc.), separate living/sitting areas. |
These amenities make it appealing for short-term rentals, but note that unit quality can vary since they're individually owned.
Treasure Mountain Inn MLS Listings
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