Homes Under $500,000 in Hideout, Utah
Hideout sits just north of Jordanelle Reservoir off Highway 248, close enough to Park City that plenty of buyers cross-shop the two towns before realizing how differently they price out. A few years ago sub-$500K inventory here was mostly condos and townhomes in the older Rockcliff and Hideout Canyon developments; that's still largely true today. Detached single-family homes in Hideout now mostly start well north of $500K thanks to new construction at Departure and the master-planned growth around Tate Lane, so anything under that number is typically a condo, a townhome, or an older cabin-style property on a smaller lot. That's not a downside for a lot of buyers — a two-bedroom condo here still gets you five minutes to the Jordanelle's Mayflower and Rock Cliff areas, and a quick ten-to-fifteen-minute drive into Park City proper without Park City property taxes or its parking headaches.
Winters mean real snow load and Wasatch Back cold snaps into the single digits, so buyers should budget for HOA-handled snow removal, which most of the attached properties in this price range include. Summers are mild and dry, ideal for the reservoir's boating and paddleboard scene right down the road. Because Hideout's under-$500K stock turns over fast and doesn't get replaced at the same pace as pricier new construction, it pays to move quickly when something fitting hits the market. Browse the active listings below to see what's currently available at this price point.
June 2026 · Hideout market
Live from the Utah MLS — what's actually happening in Hideout right now.
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Common questions
About homes under $500k in Hideout.
What kind of home can I realistically get in Hideout under $500K? ▾
At this price point in Hideout, expect to focus on condos and townhomes rather than single-family houses. Most inventory under $500K sits in communities like Black Rock Ridge or the older sections of Hideout Canyon, often as 1-2 bedroom condos or smaller townhouse units. Single-family detached homes here typically start in the $900K range and climb quickly from there.
Are there HOA fees on most sub-$500K listings in Hideout? ▾
Yes, almost always. Condo and townhome projects in Hideout carry HOAs that usually cover exterior maintenance, snow removal, trash, and access to community amenities like pools or clubhouses. Monthly dues commonly run $300-$600, so factor that into your budget alongside the mortgage and Wasatch County property taxes.
Can I short-term rent a Hideout property under $500K? ▾
Hideout is one of the few Wasatch Back municipalities that allows nightly rentals in many of its developments, which is a big reason investors look here. Rules vary by community, though — some HOAs cap rental frequency or require permits. Always confirm the specific project's CC&Rs and Hideout Town's licensing requirements before writing an offer.
How close is Hideout to Park City and the ski resorts? ▾
Hideout sits about 10-15 minutes from Park City's Main Street and roughly 20 minutes from Deer Valley and Park City Mountain base areas. The town hugs the east shore of Jordanelle Reservoir, so you also get summer boating and paddleboarding right at your doorstep. Salt Lake City International Airport is about 45 minutes via US-40 and I-80.
Is inventory under $500K limited in Hideout? ▾
It can be. Hideout is a small, fast-growing town with most new construction priced well above $500K, so the sub-$500K segment is mostly resale condos and the occasional smaller townhouse. Active listings in this range often number in the single digits, so checking the MLS regularly matters if you're price-sensitive.
What should I know about property taxes and utilities here? ▾
Hideout is in Wasatch County, where primary-residence properties get a 45% tax exemption and second homes are taxed on full assessed value — a meaningful difference for investors and vacation buyers. Utilities are standard (electric, natural gas in most newer projects, town water and sewer), and winter heating bills run higher than along the Wasatch Front because of the 6,500-foot elevation.