As a premier luxury travel destination, Park City homes are known for their opulent features, exceptional build quality, stunning vistas, and prime location. All of these things come at a price, and as a result, Park City homes for sale are often valued higher than what you might see in the average town.
However, this does not mean that there are only eight-figure homes available for sale here. There is some variety for discerning buyers looking for more budget-friendly options for their next vacation home.
In this post, we will detail exactly what you can get in Park City or Deer Valley with a budget of around $2 million. Let’s dive in!
Less Expensive Does Not Mean Cheap in Park City
On the topic of budgets and spending, it’s easy to lose sight of things. Of course a $2 million home will be very different from a $15 million home, but it’s important to remember that living in Park City is about more than just where you hang your ski boots at the end of the day.
Less expensive does not equate lesser exclusivity or fun. Park City homes for sale on the modest end of the price range still come with beautiful details and are often perfectly situated to enjoy the best amenities that Park City has to offer.
How does Park City stack up against other resort towns? Read these posts next:
Affordable Homes For Sale in Park City
Within Park City limits, there are numerous homes that can meet a variety of budgets. It all depends on your unique needs and wants. If you’re looking for something below that $2 million mark, here are a few of the areas you should consider:
Prospector
Often considered the most affordable single-family neighborhood in Park City, Prospector is convenient, vibrant, and beautiful. Here, you’ll find studios and one-bedroom units in the $400,000 price range, making Prospector one of the top choices for budget-minded shoppers.
Popular with permanent residents, Prospector is also close to many great Park City schools as well as the Eccles Center and the historic Park City Rail Trail System.
What are some of the other great Park City neighborhoods for permanent relocators? Find out right here.
Old Town
We like to call Old Town the hub of Park City. It’s an extremely walkable neighborhood perfect for anyone who loves to be immersed in the culture and vibrance of living in Park City. It extends from Park City Mountain Resort all the way to the top of Main Street, including some of the most exciting and convenient amenities and properties in Park City.
There are a variety of property types available here including unique lofts, one-bedroom units, two-bedroom units, and more. Most of these properties range in price from about $800,000 – $1.3 million.
Learn everything about living in Park City with these posts next:
- How to Buy a Ski-In, Ski-Out Home in Park City
- How to Spend the Perfect Day in Park City
- Beyond the Slopes: Enjoying Park City Living Year-Round
Affordable Luxury Condos in Park City
If you prefer the convenience of a luxury condo in Park City, these developments feature great amenities and luxurious suites at moderate prices:
Snow Flower Condominiums
This luxurious development offers ski-in, ski-out lodging. With units ranging from studios to up to six bedrooms, Snow Flower is a great opportunity for an affordable property in Park City.
Furthermore, access to heated pools, a fitness center, complimentary underground parking, ski lockers, and outdoor tennis courts mean you won’t forgo any of the luxury amenities Park City is known for.
Shadow Ridge
If you’re looking for a luxury vacation getaway at a moderate price, Shadow Ridge strikes the perfect balance. Located just a short walk from the lift at Park City Mountain Village, you can choose from one, two, or three bedroom condos. The units are functional and luxurious with full kitchens, cozy fireplaces, and formal dining areas.
The building itself offers amenities such as an outdoor heated pool, indoor hot tub and spa, as well as a ski rental shop, all at “moderate luxury” prices.
Should you buy a luxury condo in Park City? Read our blog to find out right here!
Village Loft Condos
Situated in the heart of Park City Mountain Resort, these condos have the benefit of location. Village Loft Condos range from one bedroom up to three bedrooms, and are perfect if you’re looking for a ski-in, ski-out property that keeps you in the midst of all the action.
Resort Plaza
Another great option for ski-in, ski-out convenience, Resort Plaza Condos is also located in Park City Mountain Village. With suites ranging from one bedroom all the way up to four bedrooms, these spacious and convenient condos offer easy access to lifts, restaurants, and more. The building also includes underground parking and an all-season pool, hot tub, and fitness center.
Are you more interested in Deer Valley? Read more about what you can get in Deer Valley for under $2 million right here.
Park City Racquet Club
Situated in the quiet neighborhood of Park Meadows with beautiful mountain and golf course vistas, Racquet Club is a popular community featuring a variety of suite options. The development is only a short drive or shuttle to Park City Mountain Resort. With access to year-round amenities including the old Racquet Club, now known as the Park City Municipal Athletic and Recreation Centre, this community is a great choice for active residents looking for a more affordable option.
Three Kings Condominiums
Originally constructed in the 1970s, this condo community features a variety of suites ranging in size. Located between Park City Mountain Resort and the Park City Golf Course, Three Kings offers year-round activities and community amenities including underground parking, a pool, a clubhouse, and more. Many of the properties are situated on the golf course, and residents have easy access to skiing in the winter. As an older community, you can also enjoy a little more privacy, as the suites are shaded by mature trees.
Park Avenue Condominiums
With direct access to Park City’s cross-country ski trail and proximity to Park City Mountain Resort, Park Avenue Condominiums are a great option for buyers looking for a great deal. Suites here range from one bedroom to four bedrooms with attached carports, and access to excellent common area amenities. The community has an on-site check-in desk, perfect for vacation rentals as well as an outdoor heated pool, hot tubs, and a sauna.
Learn more about buying a home in Park City with these posts next:
- How to Buy a Second Home in Park City Remotely
- Benefits of Owning a Vacation Home in Park City
- Is it Better to Buy or Rent in Park City?
What’s Available For Sale in Park City?
As a sought-after destination, Park City real estate is a competitive space, availability in these communities varies, which is why it’s so essential to work with an experienced, local Park City real estate team.
When you choose an agent that lives, works, and plays in Park City, you can tap into their expertise in order to find an amazing property at a great value. Here at CMFH, we have over 30 years of experience helping Park City homeowners find the right property. Let us show you how we do it!
If you have questions about buying or selling a home in Park City, get in touch with us today. Give us a call at 435-647-8035 or email info@CFHparkcity.com.
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Contact CMFH today directly by calling 435-647-8035, emailing us directly at info@CFHparkcity.com, or filling out the form below.
