Old Town Park City Real Estate Information

The Old Town area of Park City, Utah, is a historic section of the city's downtown area. The area is a hub for activity, near the historic Main Street, which is today dotted with restaurants, shops, galleries and more. Main Street can be reached from Old Town by a short walk. The Old Town area is between the Park City Mountain Resort and Deer Valley. Main Street has a very old Western feel to it and is the site of 64 Victorian-style buildings listed on the National Register of Historic Places.

Average prices for single-family homes in Old Town are around $1.5 million, while the average price for a condo in the neighborhood is around $900,000. These figures are based on prices from 2007-08. Many of the homeowners in the neighborhood own their homes here as second or vacation homes and do not live here year-round. Many of the homes are former miner's shacks restored while maintaining their historic appeal.

Most of the homes located in Old Town are on small lots on steep hills. Much of the real estate in this area has already been purchased, however, and there is very little space for new construction. The are is popular for those wishing to be just a short walk away from the lifts taking skiers up to the Park City Mountain Resort. Home prices here have a large range, starting at $300,000 but rising all the way to more than $22 million for the most expensive properties. 

Nearby are Park City's other two world-famous ski resorts, Deer Valley Resort and The Canyons Resort. The city is home to such large events as the internationally known Sundance Film Festival, the Art Festival, a Summer Concert Series and the Jazz Fest. The city has enough lodging for more than 23,000 and attracts thousands of visitors, particularly in the winter months. The area is served by the Park City School District, which has  four elementary schools, two middle schools and one high school.