bds
|
ba
|
sqft
ac lot
|
car garage
|
|
Homes Under $500,000 in Summit Park, Utah
Summit Park is a wooded mountain community tucked into the hills just west of Park City, accessed off I-80 at the Jeremy Ranch/Summit Park exit. Homes sit at elevations between 6,800 and 7,500 feet among pines and aspens, which means real winters, heavy snow loads, and the kind of quiet that draws Salt Lake commuters who want trees out the window instead of stucco. Median sale prices here typically run in the $900K–$1.3M range, so anything listed under $500K is genuinely scarce — usually an older cabin-style build from the 70s or 80s, a smaller A-frame on a steep lot, or occasionally a buildable parcel rather than a finished home.
That said, the under-$500K segment is worth watching if you want a foothold in the Park City School District without Park City prices. Buyers at this level should be ready to act on cosmetic-update properties, evaluate septic systems and wells carefully, and factor in propane heat and snow-removal costs that flatlanders often overlook. The payoff is a 25-minute drive to downtown Salt Lake, 10 minutes to Park City Mountain, and direct access to trail networks that connect into Mill Creek and the Wasatch Back. Inventory in this price band moves fast when it appears, so check back often. Browse the active listings below to see what's currently available in Summit Park under $500,000.
December 2025 · Summit Park market
Live from the Utah MLS — what's actually happening in Summit Park right now.
Median sale
$1,125,375
1 closed in December 2025
Median DOM
52 days
listing → contract
Sale-to-list
90.0%
of final list price
Unsold inventory
—
active + pending
2 matching · page 1 of 1
Active listings
Prefer the map?
See all 2 homes under $500k on a map
Pan around Summit Park and refine by drawing your own boundary.
Common questions
About homes under $500k in Summit Park.
How common are homes under $500K in Summit Park? ▾
They're rare. Summit Park sits in the pines above Parley's Summit at roughly 7,000 feet, and most single-family homes trade well above that mark. When something does come in under $500K, it's usually a smaller A-frame, an older cabin-style build needing updates, or a vacant lot — so inventory turns over quickly.
What kind of property can I realistically get at this price point? ▾
Expect a 2-bed/1-bath cabin in the 900–1,400 sq ft range, often built in the 1970s or 80s, on a steep wooded lot. Some listings at this price are land only. Move-in-ready homes with garages and updated systems almost always push past $500K in this neighborhood.
Are there HOA fees or special considerations in Summit Park? ▾
Summit Park has a community association that handles road maintenance and snow plowing, which matters a lot given the elevation and winter snow loads. Dues are modest compared to Park City proper. Verify septic, well vs. culinary water, and defensible-space requirements on any older cabin before writing an offer.
How's the commute from Summit Park to Salt Lake City or Park City? ▾
It's one of the main draws. Summit Park sits right off I-80 at Exit 134, putting downtown Salt Lake about 25 minutes away and Park City's Main Street roughly 10–12 minutes east. Canyon weather can slow that down in winter, so plan for AWD or 4WD.
Will I pay Park City School District taxes here? ▾
Yes. Summit Park is inside Park City School District boundaries, which is a significant value-add for families and a factor in the area's pricing floor. That district access is part of why finding anything under $500K is tough.
What should I budget for beyond the purchase price? ▾
Snow removal, propane (most homes here aren't on natural gas), septic pumping, and roof maintenance from heavy snow loads add up. Older cabins may also need electrical, insulation, or foundation work. Build a 10–15% reserve on top of your purchase budget for the first couple of years.