Homes Under $500,000 in Hideout, Utah
Hideout sits just north of Deer Valley and Jordanelle Reservoir along Highway 248, and it's become the release valve for buyers priced out of Park City proper. Homes under $500K here are almost exclusively attached product — townhomes and condos in developments like Falcon Point, Tuhaye's edge, or newer builds off Rich Hollow Drive — since detached single-family lots in Hideout routinely start well north of $700K. At this price point you're typically looking at 2-3 bedroom units between 1,200 and 1,800 square feet, many built in the last decade, some with garages and mountain-facing decks.
The appeal is proximity without Park City taxes or price tags: you're 10 minutes to Deer Valley's east side lifts, a few minutes to Jordanelle State Park for boating and paddleboarding in summer, and about 40 minutes to Salt Lake City International Airport. Winters bring real snow load (Hideout sits around 6,400 feet), so buyers should budget for HOA-covered snow removal, which most of these communities include. Inventory under $500K moves fast because it's the only realistic entry point into the Wasatch Back for many first-time mountain-town buyers. Browse the active listings below to see what's currently on the market.
September 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.