Can Deer Valley become more popular than it already is? Apparently so. One of Utah’s most beloved ski resorts is poised to more than double in size in the next few years by adding 3,700 acres of new skiable terrain.
As interest in the expansion among skiers grows, so does interest among property buyers who already love the Wasatch Range resort and want the flexibility of staying close to the existing and future slopes.
The residence for sale at 11325 Snowtop Road in Park City’s exclusive Deer Crest neighborhood, for example, has an unbeatable location. It’s on the market for $7.875 million.
“I think what’s interesting about this location is you’re really on top of that Deer Crest area, so you can drop down to where this new expansion area is or you can pop right over the other side of the hill and you’re a few minutes away from downtown Park City,” says listing agent Katie Tyler of Summit Mountain Realty. It’s also only a 38-minute drive to Salt Lake City International Airport.
The three-bedroom terraced home at 7,500 feet in altitude affords seamless year-round or seasonal living.
It has a clean, contemporary style with floor-to-ceiling windows designed to take in the surrounding scenery. The living room and dining room offer panoramas of ski runs, the Jordanelle Reservoir (which is also a state park) and the Uinta Mountains in the distance.
It was built in 2018 with an open floor plan that provides an easy flow between the living room, dining room and kitchen. All bedrooms are on the main level and have en suite bathrooms, with the primary suite incorporating a fireplace and spa-like bathroom.
The residence also includes a home theater, outdoor living/entertaining area with a firepit and a courtyard patio adjacent to the kitchen.
A key amenity: The owners will be selling/transferring their membership in the Deer Crest Club at the St. Regis. Members have shuttle access to the mountain and ski valet privileges as well as private lockers and other amenities. (There’s currently an eight-year waiting list for membership in the club, Tyler says.)
“Contemporary architecture, the views, and having that single-family living versus being in more of a congested townhome development” are among the key selling points for the 4,647-square-foot home, Tyler says.
“It appeals to people who want something that’s not massive, which usually means people whose children have grown up and may only be visiting,” Tyler says. “If they have guests or overflow, the St. Regis is right there.”
Prospective buyers may be seeking a second or third home to access what the area offers year-round (skiing in winter, mountain biking and hiking in summer) but don’t need another large home to take care of. Also, the property comes furnished.
Deer Valley’s planned expansion is a huge deal for the resort beloved for its skiers-only policy (one of only three in the United States). The resort already gets high marks for attention to detail and a vibe of exclusivity, from ski valets to “impeccably groomed trails—specifically tailored to skiers,” Travel + Leisure wrote in a recent story.
The expansion will open in phases starting in the 2025-26 season. At completion, the resort will add 135 trails, 16 lifts and a new base village. It currently has more than 2,000 acres of skiable trails.
“The expansion is on the back side of the current Deer Valley resort,” Tyler says. “It’s the largest ski resort built in 40 years and having Deer Valley be the resort operator is just phenomenal.”
