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Investment Properties for Sale in Oakley, Utah
Oakley sits in the upper Kamas Valley along the Weber River, roughly 15 miles east of Park City and about 75 miles from Salt Lake City International Airport. That position — quiet and rural yet close to one of the country's top ski destinations — is exactly what makes investment properties here worth a serious look. Summit County as a whole has seen sustained price appreciation over the past decade, driven by remote workers relocating from California and the Pacific Northwest, a year-round outdoor recreation economy anchored by Park City Mountain and Deer Valley (now expanding), and a tight inventory of rural parcels and country homes. Oakley itself tends to attract buyers who want acreage, horses, and open space without paying Park City prices, which means the entry point for income-producing property is comparatively lower while the rental demand from the broader Summit County visitor base remains strong.
Investment properties in Oakley range from single-family homes on large lots with strong long-term rental potential, to agricultural parcels that qualify for Greenbelt tax status, to hobby farm setups that double as short-term vacation rentals. Summit County has tightened short-term rental regulations in recent years, so it is worth confirming current zoning and STR permit availability with the county before purchasing for that purpose. Long-term rentals targeting local workers in the trades, healthcare, and resort industries have proven consistently occupied given how little rental inventory exists in the valley. Browse the active listings below to see what's currently on the market.
June 2026 · Oakley market
Live from the Utah MLS — what's actually happening in Oakley right now.
Median sale
$520,000
6 closed in June 2026
Median DOM
—
listing → contract
Sale-to-list
96.3%
of final list price
Unsold inventory
33
active + pending
3 matching · page 1 of 1
Active listings
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Common questions
About investment properties in Oakley.
Are short-term rentals allowed in Oakley? ▾
It depends on the specific parcel. Oakley itself has limited city-level STR regulation, but most properties fall under Summit County zoning and many subdivisions have their own CC&Rs that restrict nightly rentals. Always pull the zoning designation and HOA documents before assuming you can run an Airbnb.
What kind of returns do investors typically see in Oakley? ▾
Long-term rental yields are modest given the high purchase prices — gross yields often sit in the 3-5% range. The stronger play tends to be appreciation plus seasonal short-term rental income during ski season, summer reservoir traffic at Rockport and Jordanelle, and the July rodeo weekend, which books out the entire valley.
How does Oakley compare to Kamas or Francis for investment? ▾
Oakley generally carries a higher price floor than Francis and similar pricing to north Kamas, with more acreage and a more rural feel. Kamas has more commercial activity and Francis is more affordable, but Oakley's proximity to Weber Canyon recreation and its established cabin market give it a distinct renter profile.
Do most Oakley properties have well and septic? ▾
Yes. Almost all homes outside the small town core run on private wells and septic systems. Budget for inspections of both, confirm water rights are included in the sale, and check septic capacity against your intended bedroom count before closing.
What's the property tax situation for non-primary residences? ▾
Utah taxes primary residences at 55% of assessed value and second homes or investment properties at 100%, which roughly doubles the effective rate. Factor that into your pro forma — it's a meaningful line item on a $1.5M Oakley property.
Is financing straightforward on Oakley investment properties? ▾
Standard investment loans work for most in-town homes, but larger acreage parcels, log cabins, or properties with significant outbuildings can push lenders toward portfolio or jumbo products. Confirm with your lender early, especially if the property has agricultural use or shared road access.