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431 W DEER HILL RD

Park City, UT 84098

Neighborhood: PRESERVE PHASE 2 SUBDIVISION

$2,750,000

MLS #2137251

Lot
25.49 ac
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Has view

About this lot

This lot for sale at 431 W DEER HILL RD Park City, UT 84098 has been listed at $2,750,000 and has been on the market for 33 days.

Full description

Tucked into one of The Preserve's most coveted equestrian parcels, this 25.49 acre homesite presents a rare opportunity to craft your mountain estate exactly as you envision it. The property's generous 30,000 square-foot building envelope accommodates primary residence square footage up to 10,000 plus a 2,500 square-foot guest home. All positioned on gently sloping terrain and conveniently near the community's secondary gate, you'll enjoy the privacy of a gated neighborhood without sacrificing accessibility. This estate's large acreage and equestrian infrastructure allows for up to four horses plus pasture space. Ski slope views underscore the western horizon from the property, with Park City's world-class winter playground and year-round adventure just minutes away. The sale includes a fully realized architectural vision by the acclaimed Jaffa Group, meticulously designed to complement the land's natural beauty and capture its commanding views. These refined residential plans have already secured approval from HOA architectural approval and have been permitted by Summit County offering the next owner a rare opportunity to expedite the realization of this exceptional mountain estate.

Property highlights

  • All positioned on gently sloping terrain and conveniently near the community's secondary gate, you'll enjoy the privacy of a gated neighborhood without sacrificing accessibility. .
  • This estate's large acreage and equestrian infrastructure allows for up to four horses plus pasture space. .
  • Ski slope views underscore the western horizon from the property, with Park City's world-class winter playground and year-round adventure just minutes away. .
  • The property's generous 30,000 square-foot building envelope accommodates primary residence square footage up to 10,000 plus a 2,500 square-foot guest home. .
  • The sale includes a fully realized architectural vision by the acclaimed Jaffa Group, meticulously designed to complement the land's natural beauty and capture its commanding views. .
  • These refined residential plans have already secured approval from HOA architectural approval and have been permitted by Summit County offering the next owner a rare opportunity to expedite the realization of this exceptional mountain estate. .

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Property details

Property Type
Land
Sub-type
Residential
Status
Active
Days on Market
33
Stories
0
Lot Size
25.49 acres
Parking Total
0.00
County
Summit
City
Park City
Zoning
Single-Family
HOA Fee
$300.00/mo
Tax Annual
$9,090
Preferred Financing
Cash,Conventional
Parcel #
PRESRV-2-45
MLS Area
Park City; Kimball Jct; Smt Pk
Listed By
KW Park City Keller Williams Real Estate

Garage & parking

Parking total
0.00
Covered spaces
0.00

Land description

  • Terrain: Grad Slope
  • View: Mountain
  • View: Valley
  • Wooded
  • Terrain: Flat
  • Equestrian Access
  • Horse Property

Utilities

  • Natural Gas Available
  • Electricity Available
  • Sewer: Septic Tank

Additional features

View
  • Valley
  • Trees/Woods
Sewer
  • Septic Tank
Current use
  • Residential

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Schools

Elementary
Trailside
Park City
Middle/Jr
Ecker Hill
Park City
High
Park City
Park City

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Neighborhood

Located in PRESERVE PHASE 2 SUBDIVISION, Park City.

Walk · Transit · Bike

Walk Score

Most errands require a car. Minimal public transit available. It's convenient to use a bike for a few trips.

Price History

2/14/2026
$2,750,000
Listed
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Location

Location of 431 W DEER HILL RD

Park City, UT · approximate location

Listed by: Gregory Miner · KW Park City Keller Williams Real Estate. 435-649-9882.

Source: UtahRealEstate.com. Information deemed reliable but not guaranteed. All measurements and calculations of area should be independently verified.

Based on information from UtahRealEstate.com as of Jul 15, 2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Publisher's notice: All real estate advertised herein is subject to the Federal Fair Housing Act and Utah Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, family status, or national origin.

Park City market context

How this property sits against recent sales in the area.

This listing: $2,750,000 — 77.4% above the median sale price.

Park City market — Land

What homes are doing.

Latest data through June 2026.

Full report

Median sale price

$1,550,000

+145.5% year over year

Median days on market

7

-107 days year over year

Sale-to-list ratio

97.6%

-10.53pp year over year

Homes sold last month

14

+11 year over year

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