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Investment Properties for Sale in Kimball Junction, Utah
Kimball Junction is the commercial and lodging hub of the Snyderville Basin, sitting right at the I-80 exit 145 interchange about 25 minutes from Salt Lake City International and six miles from the Canyons Village base of Park City Mountain Resort. For investors, that location combination is the entire pitch: ski-resort demand without ski-resort pricing, plus year-round traffic from Utah Olympic Park, the Swaner Preserve, Tanger Outlets, and a steady flow of corporate visitors heading to the tech offices in Kimball Junction and Park City. Newpark Town Center, the Canyons-side condos along Sidewinder and Kilby, and the townhome clusters near Bear Hollow are where most rental-zoned inventory shows up on the MLS.
The important caveat: not every property in 84098 can be rented nightly. Summit County and the Snyderville Basin Planning Commission tightly control short-term rentals, and many subdivisions only allow 30-day-plus leases. The investment-grade listings tend to cluster in specifically zoned developments where nightly use is permitted by both county code and the HOA. Long-term rental demand is also strong here thanks to Park City School District employees, resort staff housing pressure, and remote workers who want quick I-80 access to Salt Lake. Cap rates are modest by Utah standards, but appreciation in the Basin has historically outpaced most of the state. Browse the active listings below to see what's currently on the market, and reach out if you want help separating the truly rentable units from the lookalikes.
March 2026 · Kimball Junction market
Live from the Utah MLS — what's actually happening in Kimball Junction right now.
Median sale
$1,000,000
1 closed in March 2026
Median DOM
195 days
listing → contract
Sale-to-list
96.3%
of final list price
Unsold inventory
—
active + pending
1 matching · page 1 of 1
Active listings
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Common questions
About investment properties in Kimball Junction.
What kinds of investment properties exist at Kimball Junction? ▾
Most inventory falls into three buckets: nightly-rental approved condos in Newpark and along Kilby Road, longer-term rental townhomes in Bear Hollow and Silver Springs, and small commercial or mixed-use spaces near the I-80 interchange. Single-family homes in surrounding Snyderville Basin neighborhoods generally restrict short-term rentals, so always verify zoning before writing an offer.
Are short-term rentals legal in Kimball Junction? ▾
Short-term rentals are allowed in specific zoned developments — Newpark Resort, Newpark Town Center condos, and a handful of Canyons-adjacent projects — but most Summit County residential subdivisions prohibit anything under 30 days. The Snyderville Basin Development Code is strict, and HOA rules often add another layer, so confirm both the zoning overlay and CC&Rs.
What kind of nightly rates and occupancy do owners see? ▾
Newpark and Canyons-area condos typically run $250–$600/night in winter and $150–$300 in shoulder seasons, with peak occupancy around Sundance, Christmas week, and President's Day weekend. Annual occupancy commonly lands in the 55–70% range depending on unit size, ski-shuttle access, and management quality.
How does proximity to Park City Mountain affect returns? ▾
Kimball Junction sits about 6 miles from the Canyons Village base and roughly 10 minutes from Park City Main Street, so it captures ski demand at a lower entry price than ski-in/ski-out. The free Park City Transit bus stops throughout the area, which boosts rental appeal for guests who don't want to drive in winter.
What are typical price points for an investment-grade unit here? ▾
Studio and one-bedroom nightly-rental condos generally start in the high $500Ks to low $700Ks. Two-bedroom units run roughly $850K to $1.4M, and three-bedroom townhomes with rental rights often sit between $1.3M and $2.2M. HOA dues are meaningful — budget $500–$1,200/month on most condos.
What should I check before buying a rental here? ▾
Pull the HOA's rental policy in writing, verify the Summit County zoning designation (CR, MPD overlay, etc.), and ask for two to three years of actual rental history rather than projections. Also factor in Utah's transient room tax, Summit County's STR licensing, and whether the building has an on-site front desk or requires third-party management.