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New Construction Homes for Sale in Deer Valley, Utah
Deer Valley is in the middle of its biggest building cycle since the resort opened in 1981, driven mostly by the Deer Valley East Village expansion that's adding 3,700 acres of new terrain and a fresh base area off Highway 248. New construction here splits into two clear lanes: large master-planned condo and townhome projects from developers like Extell (Marcella, Four Seasons Resort and Residences) and Replay, and one-off custom builds on the remaining lots in Empire Pass, Silver Strike, Deer Crest, and Solamere. Buyers shopping new product in 2024–2025 are looking at delivery dates running through 2027, with many top-floor units and ski-access lots selling pre-construction.
The case for buying new in Deer Valley is straightforward: current building codes deliver better snow-load engineering, modern HVAC for 7,000-foot elevation, and finish packages aligned with what the rental market wants from a $3,000-per-night clientele. Park City's design review process is genuinely rigorous, so resale of a 1990s home often means a gut remodel before it competes with new inventory. New construction also tends to qualify for developer-managed rental programs and concierge ski services, which matters if the property is a second home used 30–60 nights a year. Browse the active new construction listings below to see what's currently available, what's under contract pre-completion, and which projects are still releasing units.
April 2026 · Deer Valley market
Live from the Utah MLS — what's actually happening in Deer Valley right now.
Median sale
$5,000,000
1 closed in April 2026
Median DOM
6 days
listing → contract
Sale-to-list
100.0%
of final list price
Unsold inventory
2
active + pending
2 matching · page 1 of 1
Active listings
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Common questions
About new construction homes in Deer Valley.
Where is most new construction happening in Deer Valley right now? ▾
The bulk of new product is tied to the Deer Valley East Village expansion off Highway 248, where Extell is building out Marcella, Pinebrook Pointe, and the new gondola base village. Empire Pass continues to deliver finished ski-in/ski-out residences at Stein Eriksen Residences and Grand Hyatt Deer Valley. Lower Deer Valley sees occasional teardown-rebuilds, but raw-land new builds there are rare.
What do new construction homes in Deer Valley typically cost? ▾
Entry-level new condos in the East Village start around $2M, with mid-range ski-access townhomes running $4M–$8M. Single-family new builds in Empire Pass and Silver Strike routinely close between $10M and $25M+, and a handful of legacy lots have traded above $40M. Price per square foot generally lands between $1,800 and $3,500 depending on ski access and finish level.
Are these homes truly ski-in/ski-out or is that marketing language? ▾
It varies. Empire Pass residences at Silver Strike, Flagstaff, and Northside Village have direct ski access to groomed runs. The new East Village builds will connect via the forthcoming gondola and chairlift system, so 2025–2026 deliveries are sold as ski-in/ski-out based on that infrastructure. Always confirm the specific lot's slope access with the builder before writing an offer.
How long do new builds in Deer Valley take to complete? ▾
Custom homes on Empire Pass lots typically run 24–36 months from permit to certificate of occupancy, partly because the design review board at Deer Valley is strict and the build season is short at 7,000+ feet. Production condos in master-planned projects deliver on the developer's published timeline, usually 18–30 months from contract.
Can new construction be used as a short-term rental? ▾
Most Deer Valley resort-zoned projects allow nightly rentals, and developers like Extell, Replay, and Stein Eriksen run on-site rental programs. Homes in HR-1 and HR-2 zones near the resort are STR-friendly, but anything outside resort overlay zones (parts of Lower Deer Valley, Solamere) has tighter rules. Verify zoning and HOA language before counting on rental income.
What should I know about building costs and altitude here? ▾
Construction costs in Deer Valley currently run $750–$1,200+ per square foot for high-end custom work, driven by snow load engineering, steep-lot foundations, and labor scarcity. The build window is roughly April through November for exterior work, and HOAs in Empire Pass and Deer Crest enforce design guidelines covering roof pitch, materials, and exterior lighting.