bds
|
ba
|
sqft
ac lot
|
car garage
|
|
Vacation Rental Properties for Sale in Midway, Utah
Midway sits in the Heber Valley at about 5,600 feet, surrounded by the Wasatch Back and roughly 20 minutes from Park City's resorts. That geography is exactly why short-term rental demand here has held strong: guests come for Soldier Hollow Nordic skiing, the Homestead Crater, Deer Creek Reservoir, Wasatch Mountain State Park golf, and easy access to Deer Valley and Park City Mountain without paying Park City prices. Midway City does allow nightly rentals, but only in specific zones — primarily the resort and overlay districts tied to developments like Zermatt, Soldier Hollow, Interlaken, and parts of the Homestead. Outside those zones, nightly rentals are not permitted, so verifying the zoning on any individual property is the single most important step before writing an offer.
Pricing reflects that scarcity. Legally rentable homes and condos in Midway typically range from the high $600s for smaller Zermatt-style units up past $3M for larger ski-in-adjacent cabins and luxury homes near Soldier Hollow. Buyers usually weigh nightly rate potential (winter holidays and summer weekends drive most of the revenue), HOA rental rules, and management options — several local companies handle Midway specifically because the guest profile differs from Park City proper. Snow load, well vs. culinary water, and propane heating costs also matter at this elevation. The listings below are properties currently active on the Wasatch Front MLS that fit the short-term rental use case; check zoning notes carefully and reach out with questions on any specific address.
May 2026 · Midway market
Live from the Utah MLS — what's actually happening in Midway right now.
Median sale
$966,500
9 closed in May 2026
Median DOM
12 days
listing → contract
Sale-to-list
96.0%
of final list price
Unsold inventory
105
active + pending
6 matching · page 1 of 1
Active listings
Prefer the map?
See all 6 vacation rental properties on a map
Pan around Midway and refine by drawing your own boundary.
Common questions
About vacation rental properties in Midway.
Are short-term rentals legal everywhere in Midway? ▾
No. Midway restricts nightly rentals to specific overlay zones and resort-zoned developments — most of the older residential neighborhoods do not allow stays under 30 days. Before making an offer, confirm the property sits in an approved STR zone and ask the city or HOA for written verification. A listing being currently rented does not always mean the use is legal.
Which Midway developments are known for allowing nightly rentals? ▾
Interlaken, the Cottages and Lodges at Soldier Hollow, areas of Burgi Hill, and several resort-zoned pockets near Wasatch Mountain State Park typically allow nightly stays. Each development has its own HOA rules on top of city zoning, so management requirements, signage, and occupancy caps vary. Always read the CC&Rs before closing.
What kind of occupancy and revenue do Midway vacation rentals see? ▾
Well-managed homes in approved zones often hit 60-75% annual occupancy, with peak rates during ski season (December through March), summer reservoir months (June through August), and Swiss Days weekend. Gross revenue ranges widely — a 3-bedroom cottage might bring in $60-90K while a larger ski home sleeping 12+ can clear $150-250K. Professional management typically takes 20-30%.
What price range should I expect for a rental-zoned home in Midway? ▾
Smaller cottages and townhomes in STR-approved zones generally start in the mid-$700s to low $900s. Single-family homes built for group rentals — five or more bedrooms with hot tubs, game rooms, and oversized garages — commonly run $1.4M to $2.5M, with luxury Soldier Hollow and Interlaken properties pushing higher.
Do I need a Midway business license to operate? ▾
Yes. Owners must hold a Midway City short-term rental license, carry the required insurance, collect and remit transient room taxes, and meet safety requirements like posted occupancy limits and working smoke and CO detectors. Licenses are tied to the property and zone, not the owner, so transfers at closing are common but not automatic — verify the license status during due diligence.
How does Midway compare to Park City for vacation rental investing? ▾
Midway typically has lower entry prices than comparable Park City properties and slightly lower property taxes, while still drawing the same ski, golf, and reservoir traffic. The tradeoff is a smaller pool of STR-eligible homes and stricter zoning enforcement. Many investors priced out of Old Town Park City or Deer Valley end up in Soldier Hollow or Interlaken for that reason.