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Deer Valley

Deer Valley

$4,506,792 Average Value
$234 Average Price per Sq Ft
3 Homes For Sale

Deer Valley is an upscale skiing community

Deer Valley, just south of Park City in the Wasatch Mountain Range, is a mountain community with world-famous skiing and luxury homes. The exclusive Deer Valley Resort creates a thriving tourist industry and attracts a growing population of approximately 8,800. “With the new Deer Valley East Village expansion of the resort, there’s been a lot of excitement,” says Realtor Sean Matyja, who works with Summit Sotheby's International Realty and has over 20 years of experience in the area. The area’s new condo complexes and multimillion-dollar homes give residents easy ski or gondola access, plus views of the freshly powdered slopes. “The topography and the snow quality are great, with fun intermediate terrain. It's a really enjoyable mountain to ski,” Matyja says.

Deer Valley Resort and Jordanelle State Park

The crux of the community, Deer Valley Resort is one of the most famous skiing destinations in the world and has been named the best ski resort in America more than 10 times by the World Ski Awards. “Deer Valley is a very different resort. I think they staff their mountain with many more employees and more enthusiastic employees, so their service is above other resorts,” Matyja says. “It's one of three skier-only resorts in America, so that makes it unique.” The resort is known for its high-end atmosphere with gourmet dining, groomed slopes and more amenities. It has catered to celebrities like Taylor Swift and the Kardashians.

Bordering Deer Valley to the east, Jordanelle State Park is centered around the Jordanelle Reservoir, where visitors can fish and paddleboard and enjoy striking views of the mountains. “It’s a big lake, really popular for water skiing and boating. There are campgrounds for RV and tent camping, so people come from all over and down from Salt Lake City,” Matyja says. One of the park’s most popular hiking routes is Ross Creek Trail, which also offers biking and horseback riding.

Condos, contemporary mansions and new construction in Deer Valley

Deer Valley has been developed around the namesake ski resort on its west side, giving many homes views of the Wasatch Range as well as ski-in, ski-out access. “I'd say Deer Valley can be defined by five major real estate communities. Most are almost fully built out, so there's a scarcity of inventory,” Matyja says. The area’s housing includes condos, which range between $400,000 for one-bedroom options to $20 million for penthouses. The newest condo complex is Sommét Blanc, the last remaining development parcel in Deer Valley. “It's nearly sold out and in early construction,” Matyja says. Contemporary mansions from the 1990s range from $4.8 to $14 million, and they come with amenities like spas and heated driveways. Built in the 2020s, new construction contemporary mansions range from $14 million to $39 million. They often offer luxuries like heated pools, saunas and home theaters.

Well-rated schools, including Midway Elementary and Park City High

On Niche, Midway Elementary School has an A-minus. Ecker Hill Middle School also has an A-minus rating, while Treasure Mountain Junior High School has a B-minus. Park City High School earns an A. In 2024, eight of the high school’s students won the Northeast Region Sterling Scholar Award for outstanding academics.

Fine dining from Glitretind Restaurant to Brasserie 7452

Most of the community’s dining is concentrated on its west side, near the resort and the bulk of the area’s housing. Glitretind Restaurant, in the Stein Eriksen Lodge Deer Valley, serves New American cuisine paired with fine wines on an outdoor patio with alpine views. The Kitz has specialty lattes, pastries and lunch options. To get to Brasserie 7452, patrons must ride a funicular up to overlooks of the snow-capped peaks, which surround this high-end French restaurant. One of the establishment’s daily traditions is sabering a bottle of champagne. Although there aren’t any shopping centers in Deer Valley, downtown Park City is only a mile away, with dozens of stores ranging from boutiques to gift shops. The closest supermarket is Fresh Market Park City, only a couple miles away from Deer Valley.

Events at Deer Valley Snow Park Outdoor Amphitheater

In the northern half of the community, Deer Valley Snow Park Outdoor Amphitheater hosts two of the area’s biggest events, both held in the summertime: Deer Valley Concert Series and the Deer Valley Music Festival. Past performers have included Earth, Wind & Fire; Gladys Knight; and the Utah Symphony.

Only a mile from downtown Park City and more transportation

Deer Valley is only a mile away from downtown Park City. Salt Lake City and its international airport are about 35 miles away via Interstate 80. Park City Transit has bus stops throughout the Deer Valley area. Nearby medical care includes Intermountain Health Park City Hospital Emergency Services, located 5 miles from Deer Valley.
Anna Anderson
Written By
Anna Anderson
Marcel De Lima
Photography Contributed By
Marcel De Lima

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Holly Parkin, an experienced agent in this neighborhood.

Transit

Airport

Salt Lake City International

54 min drive

Bus

Stein Ericksen

Bus

Queen Esther

Bus

Mellow Mountain

Bus

Empire Club-O

Bus

Cache

Bus

The Line Condos

Bus

In The Trees

Deer Valley Demographics and Home Trends

Housing Trends

Median List Price
$461,952
Median Sale Price
$435,000
Median Single Family Sale Price
$513,953
Median 2 Bedroom Sale Price
$435,000
Median Change From 1st List Price
3%
Last 12 months Home Sales
44
Median Home Sale Price YoY Change
17%
Average Price Per Sq Ft
$234

Neighborhood Facts

Number of Homes in Neighborhood
2,627
Number of Homes for Sale
3
Median Year Built
1997
Months of Supply
0.80
Average Single Family Home Size Sq Ft
4,131
Significantly above the national average
1,924
Average Townhouse Size Sq Ft
2,805
Average 2 Bedroom Size Sq Ft
1,477
Average 1 Bedroom Size Sq Ft
913
Median Lot Size Sq Ft
13,068

Open Houses

  • Saturday, Aug 2
    12 - 2pm

    335 Ontario Ave, Park City, UT 84060

    $3,800,000

    • 3 Beds
    • 3.5 Baths
    • 2,478 Sq Ft
    • 335 Ontario Ave
    • New 13 days ago

    Enjoy breathtaking views of Old Town from a home that offers the perfect blend of charm, comfort, and convenience. You will love living above the vibrant dining, shopping, and entertainment district of Park City's Historic Main Street. Access is easy from both Rossi Hill and Marsac Avenue, and with Shorty's Stairs just a few doors down, Main Street is only a quick stroll away.This updated

    Abby Goldsmith Windermere Real Estate-merged

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  • 2303 W Deer Hollow Rd Unit 2114, Park City, UT 84060

    $780,000

    • 1 Bed
    • 1 Bath
    • 744 Sq Ft
    • 2303 W Deer Hollow Rd
    • Unit 2114
    • New 28 days ago

    This furnished one-bedroom condominium has a large floor plan, great lake views, and access to phenomenal amenities. Paired with its access to Jordanelle Gondola and proximity to the new Deer Valley East Village, this is a rare opportunity that won't last. Immerse yourself in a community of outdoor enthusiasts, whether skiing, biking, or hiking, and explore all that Park City and Deer Valley have

    Sheila Hall Summit Sotheby's International Realty

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  • 1601 Glencoe Mountain Way Unit 5508, Park City, UT 84060

    $6,937,500

    • 3 Beds
    • 3.5 Baths
    • 2,576 Sq Ft
    • 1601 Glencoe Mountain Way
    • Unit 5508

    This Cormont at Deer Valley residence offers direct elevator access, 1079 sq. ft. of private outdoor terrace, and a private hot tub. Its full-height windows elegantly capture its south-facing light and Deer Valley mountain views. The interior features subzero appliances, natural materials, and clean lines with a focus on creating comfortable, functional spaces. The residence includes furnishings,

    Sheila Hall Summit Sotheby's International Realty

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Holly Parkin, an experienced agent in this neighborhood.

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
1,562
Median Age
45
Population under 18
21.9%
On par with the national average
23.8%
Population over 65
21.1%
On par with the national average
19.1%

Finances

Median Household Income
$71,653
On par with the national average
$71,702
Average Household Income
$103,604

Education and Workforce

High School Graduates
96.8%
College Graduates
55%
Above the national average
34.1%
Advanced Degrees
18.3%
% Population in Labor Force
84.4%
Above the national average
65.1%

Weather

Annual Precipitation
23''
Average Winter Low Temperature
15°F
Average Summer High Temperature
80°F
Annual Snowfall
149''

Area Factors

Somewhat Bikeable

Bike Score®

9 / 100

Car-Dependent

Walk Score®

3 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Deer Valley