bds
|
ba
|
sqft
ac lot
|
car garage
|
|
Multi-Family Homes for Sale in Sundance, Utah
Sundance, Utah sits at roughly 6,100 feet elevation on the northeastern slope of Mount Timpanogos in Provo Canyon, about 13 miles northeast of Provo and 50 miles south of Salt Lake City. The community is best known as Robert Redford's Sundance Resort — a tight-knit, conservation-minded enclave where development is intentionally limited and the surrounding Uinta-Wasatch-Cache National Forest keeps density low. That context matters enormously for anyone searching for multi-family properties here: the inventory is exceptionally small compared to nearby cities like Provo or Orem, and zoning within the Sundance area heavily favors single-family and resort-oriented uses. Multi-family opportunities that do appear tend to be duplex-style or small-scale residential configurations rather than large apartment complexes, often positioned to take advantage of the canyon's dramatic views of Timpanogos ridgelines and year-round access to skiing, hiking, and the Sundance Film Festival draw.
Buyers considering multi-family properties in this corridor typically fall into one of two camps: those seeking a live-in-one-unit, rent-the-other arrangement that offsets carrying costs in a high-value mountain market, or investors targeting short-term rental income given the area's consistent resort tourism. Provo Canyon properties sit within the Provo City School District boundary depending on exact location, and the Alpine School District covers portions of the surrounding area. Winters are genuine — snow accumulation is measured in feet, not inches, and road access via US-189 through the canyon is a daily reality. Prices in this corridor reflect both the scarcity of available inventory and the premium that proximity to Sundance Resort commands. Browse the active listings below to see what's currently on the market.
June 2026 · Sundance market
Live from the Utah MLS — what's actually happening in Sundance right now.
Median sale
$4,900,000
3 closed in June 2026
Median DOM
8 days
listing → contract
Sale-to-list
99.2%
of final list price
Unsold inventory
15
active + pending
2 matching · page 1 of 1
Active listings
Prefer the map?
See all 2 multi-family homes on a map
Pan around Sundance and refine by drawing your own boundary.
Common questions
About multi-family homes in Sundance.
Are multi-family properties actually available in Sundance, Utah? ▾
Inventory is genuinely limited. Sundance Resort and the surrounding canyon area were developed with a strong conservation ethos, so high-density or large multi-unit buildings are essentially absent. When multi-family listings do appear, they are almost always duplexes or small two-to-four-unit structures. Buyers should set up MLS alerts and be prepared to act quickly when something comes available.
What zoning rules affect multi-family properties in the Sundance area? ▾
The Sundance area falls within unincorporated Utah County, and zoning is governed by Utah County ordinances rather than a city code. Most parcels in Provo Canyon carry residential or resort-overlay designations that limit density significantly. Before purchasing any property with plans to add a unit or convert a structure, a conversation with Utah County Community Development is essential to confirm what is permitted on that specific parcel.
Can I use a multi-family property here as a short-term rental? ▾
Short-term rental regulations in unincorporated Utah County have tightened in recent years, and proximity to Sundance Resort does not automatically guarantee STR approval. Buyers need to verify the property's STR permit status or eligibility with Utah County before closing, since rental income projections can shift substantially depending on what is actually allowed. That said, the Sundance Film Festival in January and the ski season do create strong seasonal demand when rentals are permitted.
What price range should I expect for a multi-family property near Sundance? ▾
The Provo Canyon and Sundance corridor carries a significant mountain-resort premium. Single-family homes in the area routinely trade above $800,000, and any multi-family configuration commands a higher floor given the added income potential and scarcity. Buyers should budget accordingly and factor in higher insurance costs, snow-removal expenses, and potential HOA or resort-area fees that don't apply in valley markets.
How does the canyon location affect financing for a multi-family purchase here? ▾
Lenders treat two-to-four-unit properties differently from single-family homes — down payment requirements are typically higher (often 20–25% for investment purchases), and appraisers will look hard for comparable sales in a very thin market. If one unit will be owner-occupied, FHA financing is available on qualifying two-to-four-unit properties at more favorable down payment terms, though the property must meet FHA condition standards. A lender experienced in mountain-resort and income-property transactions is worth seeking out before making an offer.
What should I know about year-round access and maintenance costs at this elevation? ▾
At 6,100-plus feet in Provo Canyon, multi-family ownership carries real seasonal maintenance demands — roofs must handle heavy snow loads, driveways and walkways require consistent clearing, and utility costs (particularly heating) run meaningfully higher than in the Salt Lake Valley. US-189 through the canyon is generally well-maintained by UDOT, but canyon closures during major avalanche-control work or rockfall events do occur. Factoring those costs into your cash-flow analysis before purchase will give you a more accurate picture of actual returns.