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Investment Properties for Sale in Park City, Utah
Park City's real estate market has long attracted investors for reasons that go well beyond scenery. Sitting at roughly 7,000 feet in Summit County, Park City draws an international crowd of skiers to Deer Valley and Park City Mountain Resort — two of the most visited ski areas in the country — while summer brings mountain bikers, hikers, and Sundance Film Festival attendees who fill short-term rentals from January through August. That year-round demand cycle is rare in Utah resort markets and is a key reason investment properties here have historically commanded strong rental yields alongside steady appreciation. Median home prices in Park City proper sit well above $1.5 million, but the investment universe ranges from Old Town condos in the $500K–$800K range to multi-million-dollar ski-in/ski-out properties in Deer Valley's Empire Pass neighborhood, giving buyers at different price points a real entry path.
What separates a smart investment purchase in Park City from a speculative one is understanding the local short-term rental (STR) landscape. Summit County and Park City Municipal both regulate STR permits, and rules differ meaningfully depending on whether a property sits inside city limits, in a resort overlay zone, or in unincorporated Summit County. Neighborhoods like Canyons Village and Deer Valley's resort base areas are generally STR-friendly, while some Old Town zones carry stricter nightly-rental restrictions. HOA rules add another layer — many ski condos explicitly allow or prohibit nightly rentals, so due diligence on governing documents is essential before closing. An experienced local agent who tracks permit availability and rental history data makes a measurable difference at this price point. Browse the active listings below to see what's currently on the market.
June 2026 · Park City market
Live from the Utah MLS — what's actually happening in Park City right now.
Median sale
$1,855,000
64 closed in June 2026
Median DOM
—
listing → contract
Sale-to-list
97.4%
of final list price
Unsold inventory
988
active + pending
187 matching · page 2 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.