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Homes Under $500,000 in Hideout, Utah
Hideout sits on the ridge above Jordanelle Reservoir, about ten minutes from Park City's Main Street and roughly 35 minutes from Salt Lake International. It's one of Wasatch County's youngest towns — incorporated in 2008 — and most of what's been built here is newer construction with reservoir or Deer Valley views. That newness matters when you're shopping under $500K: at this price point in Hideout you're almost always looking at condos, townhomes, or smaller attached product in communities like Hideout Canyon, Klaim, or the older Lookout phases, rather than single-family homes on a lot. Detached houses in town generally start higher and climb quickly as you add square footage or a view corridor.
The trade-off buyers make at this price is square footage and land for location and lifestyle. Under $500K usually means a one- or two-bedroom condo, sometimes a small townhome, with shared amenities and an HOA that covers exterior maintenance and snow removal — useful given Hideout's elevation (around 6,500 feet) and real winters. The upside: you're minutes from the Jordanelle Gateway boat ramp, the new Deer Valley East Village expansion is going in just across the water, and Park City schools serve the area. For second-home buyers, short-term rental rules vary by HOA, so that's worth checking unit by unit. Browse the active listings below to see what's currently available under $500K in Hideout.
June 2026 · Hideout market
Live from the Utah MLS — what's actually happening in Hideout right now.
Median sale
$1,680,000
4 closed in June 2026
Median DOM
43 days
listing → contract
Sale-to-list
96.1%
of final list price
Unsold inventory
61
active + pending
2 matching · page 1 of 1
Active listings
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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.