Deer Valley
About the area
Founded by Edgar and Polly Stern with a philosophy that skiing could be elegant as well as exhilarating, Deer Valley Resort opened December 26, 1981, featuring valet parking, ski valets, complimentary slope-side snacks, and a skiers-only policy from opening day. That no-snowboarding policy, maintained across the entire mountain, remains a defining feature of the resort and its residential market: buyers here are specifically seeking a ski culture that Deer Valley has cultivated for more than four decades. The resort is now owned by Alterra Mountain Company and is accessible on the Ikon Pass. The residential neighborhoods in Deer Valley cover a wide price range: Lower Deer Valley's Snow Park base condos start near $1M; Upper Deer Valley's Silver Lake Village mid-mountain residences and Stein Eriksen Lodge properties begin in the $2M range and run well past $10M; Deer Crest's gated estates and St. Regis residences run from roughly $3.8M to $17M+; and Empire Pass, the upper-mountain private village anchored by the Talisker Club, carries the highest median price per square foot in the Park City market at approximately $2,683/sq ft.
The newest and most transformative development is East Village, Deer Valley's expansion onto the Jordanelle side of the mountain that is adding approximately 3,700-4,700 acres of new terrain, 16 new chairlifts, and a 3-mile East Village Express Gondola. Once the full build-out is complete, Deer Valley Resort will contain 6,000+ skiable acres, roughly doubling the resort size. East Village sits in Wasatch County rather than Summit County, placing it in the Jordanelle corridor alongside the Hideout, Tuhaye, Deer Mountain, and Skyridge communities. The Grand Hyatt Deer Valley opened there in November 2024; Four Seasons and Waldorf Astoria residences are under construction.
deer valley
Frequently Asked Questions
All five Deer Valley communities offer ski-in/ski-out access, though the specifics vary. Empire Pass provides direct access to the Silver Strike Express lift for all 500+ residences. Upper Deer Valley / Silver Lake Village sits at the resort's central lift hub, with ski runs at the doorstep of most condominiums. Deer Crest has a private ski trail system connecting directly to Deer Valley terrain. Lower Deer Valley's condos at the Snow Park base offer ski-in access to the Snow Park Express, while many of the hillside single-family homes require a short shuttle to the base. East Village is ski-in/ski-out via the East Village Express Gondola, a 10-passenger, 3-mile gondola that connects directly to the full Deer Valley lift network.
No. Deer Valley Resort has maintained a skiers-only policy since opening day on December 26, 1981, making it one of only a handful of US resorts that still prohibits snowboarding. This policy applies to the entire mountain, including the new East Village expansion terrain. It is a deliberate part of Deer Valley's identity and contributes to the resort's reputation for a quieter, more service-oriented ski environment.
Prices range from approximately $1M for entry-level condos in Lower Deer Valley to $25M+ for premier estate homes and hotel residences at Empire Pass and Deer Crest. As of 2026, median list prices by community were roughly:
- East Village ~$1.63M (~$955/sq ft)
- Lower Deer Valley ~$2.65M (~$1,057/sq ft)
- Upper Deer Valley ~$7.15M (~$1,956/sq ft)
- Deer Crest ~$7.37M (~$1,789/sq ft)
- Empire Pass ~$7.61M (~$2,683/sq ft)
All figures are approximate—verify current MLS data before making any purchase decisions.
Each community occupies a distinct position on the mountain and price spectrum. Lower Deer Valley / Snow Park is the base-area entry point—most affordable, most STR-friendly, closest to Main Street (about 1 mile). Upper Deer Valley / Silver Lake Village is the mid-mountain hub at 8,100 ft, centered on Silver Lake Lodge, Stein Eriksen Lodge, and the resort's main lift interchange. Empire Pass is the upper-mountain private village on Flagstaff Mountain—the pinnacle of Deer Valley resort living, anchored by the Talisker Club and averaging the highest price per square foot. Deer Crest is a 600-acre gated enclave with 24/7 security, private ski trails, and the St. Regis hotel-residences—the most private and estate-scaled community. East Village is Deer Valley's brand-new Jordanelle-side expansion (Wasatch County), with the Grand Hyatt open, the East Village Express Gondola operating, and Four Seasons and Waldorf Astoria residences coming—at significantly lower price-per-square-foot than the legacy communities.
Deer Valley East Village is the resort's major terrain expansion on the Jordanelle side of the mountain, adding approximately 3,700-4,700 acres of new ski terrain, 16 new chairlifts, and approximately 130 new ski runs at full build-out, roughly doubling Deer Valley Resort to 6,000+ skiable acres. The East Village Express Gondola opened in January 2026, connecting the new base village to the full Deer Valley lift network via a 3-mile, 2,570-vertical-foot ride. Like the rest of the resort, East Village's terrain is accessible on the Ikon Pass.
