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Investment Properties for Sale in Park City, Utah
Park City investment property means one thing to most buyers: a nightly-rental unit that pays its own way while riding a resort market that hasn't had a down decade in twenty years. Old Town condos near Main Street, ski-in/ski-out units at Canyons Village, and townhomes in Prospector or Pinebrook all draw different renter profiles and carry different HOA rules on rental frequency. Summit County's overlay zoning matters here — some neighborhoods allow unrestricted nightly rentals, others cap it or require licensing, so the difference between a legal short-term rental and a long-term-only unit can swing your return by tens of thousands a year. Buyers also need to factor in Utah's transient room tax, Park City Municipal's business license requirements, and HOA rental caps before assuming a listing pencils out as an Airbnb. Demand here is driven by Deer Valley, Park City Mountain, the Sundance Film Festival, and a summer calendar full of mountain biking and events that keeps occupancy strong outside ski season too — a real advantage over single-season resort towns. Condo-hotel units at properties like the St. Regis or Montage carry rental management built in, while standalone condos and cabins give owners more control but more legwork. Price points span from low-$500Ks studio condos to multi-million-dollar ski chalets, and cash flow assumptions vary wildly by location and rental restrictions, so run real numbers before you make an offer. Browse the active listings below to see what's currently on the market.
July 2026 · Park City market
Live from the Utah MLS — what's actually happening in Park City right now.
Median sale
$2,422,220
44 closed in July 2026
Median DOM
4 days
listing → contract
Sale-to-list
97.7%
of final list price
Unsold inventory
1,026
active + pending
190 matching · page 3 of 8
Active listings
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Common questions
About investment properties in Park City.
Does Park City allow short-term rentals everywhere? ▾
No — short-term rental rules vary by zone and HOA. Most nightly rental activity happens in the resort-zoned areas around Park City Mountain and Deer Valley, plus parts of the Canyons Village and Empire Pass. Many neighborhoods inside Park City proper and most of the Snyderville Basin (Old Ranch Road, Silver Springs, Jeremy Ranch) restrict rentals to 30+ days. Always verify the specific subdivision's CC&Rs before writing an offer.
What kind of nightly rates and occupancy can investors expect? ▾
Ski-in/ski-out condos in Deer Valley and Canyons Village routinely pull $600–$1,500+ per night during peak ski weeks (Christmas, MLK, President's, spring break) and $250–$500 in shoulder seasons. Annual occupancy for well-managed units typically lands in the 55–70% range, with revenue heavily concentrated in December through March and July.
Which areas are best for nightly rental investment? ▾
Empire Pass, Silver Lake Village, and Deer Valley's lower mountain command the highest ADRs. Canyons Village and Sundial Lodge attract families and mid-tier budgets. Prospector and Park Avenue condos sit closer to Old Town's restaurants and Main Street, which keeps them booked in summer for Sundance, concerts at DeerValley, and biking season.
How do property taxes work on a non-primary residence? ▾
Utah taxes primary residences at roughly 55% of assessed value, but second homes and investment properties are taxed at 100% of assessed value. That effectively makes the property tax bill about 80% higher than what a full-time resident pays on the same home. Build that into your pro forma before committing.
What does HOA and management overhead typically run? ▾
Resort condo HOAs in Park City often run $1,000–$3,000+ per month and cover utilities, amenities, and reserves for major projects. Professional nightly rental management generally takes 30–45% of gross revenue. After taxes, HOA, management, and maintenance, many owners net 2–4% cash-on-cash and lean on appreciation plus personal use for the rest of the return.
Are long-term rentals a workable strategy here? ▾
Yes, especially in the Basin neighborhoods where nightly rentals aren't allowed. Demand from Park City's hospitality workforce, remote professionals, and families wanting Park City School District access keeps long-term vacancy low. Monthly rents on a 3-bedroom single-family typically run $4,500–$8,000 depending on location and finish level.