Luxury Homes for Sale in Park City, Utah
Park City's luxury market sits in a category of its own within Utah. Two world-class ski resorts (Park City Mountain and Deer Valley), the Sundance Film Festival, and a 35-minute drive from Salt Lake City International keep demand steady from out-of-state buyers in California, Texas, and the East Coast. At the top of the market, you'll see ski-in/ski-out estates in Empire Pass and The Colony at White Pine Canyon trading well above $10 million, alongside golf-course homes in Promontory, Glenwild, and Tuhaye where lots run an acre or more and amenities include private clubs, equestrian centers, and Pete Dye and Jack Nicklaus courses. Old Town remodels near Main Street and contemporary builds in Park Meadows round out the high end with a different lifestyle pitch — walkable, historic, and closer to restaurants.
Luxury buyers here tend to weigh different tradeoffs than they would in St. George or Holladay: HOA rental rules (some communities permit nightly rentals, Promontory does not), elevation and snow load on construction, ski locker access at the resort, and whether the home was built before or after the 2015 push for modern mountain contemporary design. Property taxes on second homes run roughly 1.1-1.2% of assessed value since the primary-residence exemption doesn't apply. Inventory turns slowly at the top — sometimes a single Deer Valley listing sits for a year, then trades in a weekend during Sundance. Browse the active listings below to see what's currently on the market in Park City's luxury tier.
May 2026 · Park City market
Live from the Utah MLS — what's actually happening in Park City right now.
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Common questions
About luxury homes in Park City.
What price point qualifies as a luxury home in Park City? ▾
The luxury threshold in Park City generally starts around $3 million, though it varies by area. Old Town and Park Meadows luxury often begins in the $3-5M range, while ski-in/ski-out properties in Deer Valley and The Colony at White Pine Canyon routinely list from $8M to north of $40M. Lot size, ski access, and vintage of construction drive most of the spread.
Which Park City neighborhoods have the most luxury inventory? ▾
Deer Valley (Silver Lake, Empire Pass, Bald Eagle), Promontory, Glenwild, Tuhaye, Victory Ranch, and The Colony carry the heaviest concentration of high-end listings. Old Town has a smaller pool of historic luxury remodels, while Park Meadows and Thaynes Canyon offer larger lots closer to Main Street.
Are most luxury homes in Park City primary residences or second homes? ▾
The majority are second homes. Park City's full-time population is under 8,500, but the metro swells during ski season and summer festivals. Many luxury buyers come from California, Texas, New York, and Florida, and a fair number use property managers for nightly or seasonal rentals when they're not in town.
Can luxury homes in Park City be rented short-term? ▾
It depends on the zoning and HOA. Old Town and some Deer Valley properties allow nightly rentals and generate strong revenue during ski season. Gated communities like Promontory and Glenwild typically restrict rentals to 30 days or longer. Always confirm rental rules with the HOA before writing an offer if income matters to you.
How does ski access affect price? ▾
Ski-in/ski-out is the single biggest price driver in Park City. A true ski-in/ski-out home in Empire Pass or The Colony commands a significant premium over a comparable home a shuttle ride away. Homes on the Park City Mountain side tend to price lower than equivalent Deer Valley addresses because Deer Valley restricts skier numbers and lodging is more limited.
What should out-of-state buyers know about closing on a luxury Park City property? ▾
Utah is a deed-of-trust state and closings move quickly, often 30-45 days even on cash deals. Property taxes are favorable compared to coastal states (primary residences get a 45% exemption that second homes don't), and there's no state-level transfer tax. Salt Lake City International is 35 minutes away, which matters if you're flying in for inspections and final walkthroughs.