Buy a vacation home

Park City ice skating rink

Park City, UT

Perched high in Utah’s craggy Wasatch Range, 30 miles east of Salt Lake City, Park City is an iconic winter vacation rental destination that caters to guests all year long. Home to Deer Valley and Park City Mountain Resorts—both major locations for events during the 2002 Winter Olympics—and dubbed one of America’s prettiest towns by Forbes Traveler, Park City has come a long way from its roots as a silver mining town. Between legendary skiing, 400 miles of wooded trails for hiking and mountain biking, and the star-studded Sundance Film Festival, Park City offers something to keep heads in beds all year long.

Park City, UT vacation rental with mountain backdrop

Insider tip

Park City is in a vacation rental real estate bubble right now. There are few new places to build and it’s hard to buy into the market below $900,000. Instead, consider nearby Deer Valley Resort (which just approved a $50 billion development project) and new developments near the Jordanelle Reservoir and Heber-Kamas border. There are a lot of great places to buy vacation rental property outside of town if you’re patient—they won’t be ideal rental income drivers for a few years.

Learn more and compare Park City with other top markets in our insider's guide to the best places to buy a vacation rental.

Market size

5,000+ rental units

Median annual rental revenue


Median home price


Cap rate


Vacasa offers property management and other real estate services directly through Vacasa LLC and through Vacasa LLC's licensed subsidiaries. Click here for more information about Vacasa's licensed real estate brokerage/property manager in your state. Vacasa’s licensed real estate brokerages/property managers include: Vacasa Alabama LLC; Vacasa Arizona LLC; Vacasa Florida LLC; Vacasa Louisiana L.L.C. (licensed in Louisiana); Vacasa Michigan LLC, 947-800-5979; Vacasa Nevada LLC; Vacasa New Hampshire LLC, P.O. Box 283, Conway NH 03818, Dave Grant, Broker of Record; Vacasa New Mexico LLC, 503-345-9399; Vacasa New York LLC, 888-433-0068, Susan E. Scanlon, Real Estate Broker; Vacasa North Carolina LLC; Vacasa Pennsylvania LLC; Vacasa Real Estate Corporation, California DRE #02105811, Joseph Czapkowicz, California DRE #01380722; Vacasa Real Estate LLC (licensed in Colorado, Daned Kirkham); Vacasa Real Estate LLC (licensed in Idaho, Oregon, and Utah); Vacasa Real Estate LLC (licensed in Tennessee, 615-671-9916); Vacasa Real Estate LLC (licensed in Washington, Robert Brush, Designated Broker); Vacasa South Carolina LLC; Vacasa Tennessee LLC; Vacasa Vacation Rentals of Hawaii LLC, 3350 Lower Honoapiilani Road, Suite 600, Lahaina, HI 96761; Vacasa Vacation Rentals of Montana LLC, Patrice Tompkins, Licensed Property Manager; Vacasa Virginia LLC; Vacasa Wisconsin LLC.

*This document is for information and illustrative purposes only. It is not intended to provide “investment advice” or a “recommendation” regarding a course of action. The discussion is general in nature and has not taken into account your personal financial position or objectives. You should consult a licensed financial advisor or other professional to discuss your specific situation.

Estimated rental income figures and home sale prices are based on historical averages; for any specific property, the actual revenue, purchase price, and cap rate may differ materially from estimated amounts and depend on a wide range of factors outside Vacasa's knowledge or control, such as the property's condition, layout, and furnishings; expenses associated with the acquisition and ownership of the property (such as property taxes, utility fees, HOA fees, insurance fees, and mortgage-related expenses); rental calendar availability; existing and future regulations; current and future economic, social, and political trends and conditions; and weather and environmental factors. These estimates do not take into account the potential impact of state income taxes.

Vacasa makes no representations or warranties, express or implied, about the accuracy of this document. Furthermore, Vacasa has no obligation to update, modify or amend this document or to otherwise notify users in the event that any opinion, assumption, forecast or estimate set forth herein changes or subsequently becomes inaccurate. Therefore, you should not place undue reliance on statements in this document.