Chairman, Statistics Committee Park City / Deer Valley
- Park City / Deer Valley has become an extraordinarily segmented market. At the lower prices -- ~$300,000 for condos, ~$600,000 for homes, activity is vigorous and rapid. Prices have stabilized and... Read More
- The biggest change in Park City Real Estate over the last year has been a significant reduction in listed properties. Overall listings are down 16% from last year, and 47% below ... Read More
![]() | Silver Lake - Upper Deer ValleyRidgepoint #112 Bedrooms: 3 Price: $615,000 MLS 9993886 More Info |
![]() | Old Town Double-Home234 Ridge Ave Bedrooms: 4 Price: $1,296,000 MLS 9991381 More Info |
![]() | True Ski In/Out at Park CitySnowflower 109 Bedrooms: 2 Price: $500,000 MLS 9994378 More Info |
![]() | Golf Course Townhome2806 Four Lakes Drive Bedrooms: 3 Price: $1,375,000 MLS 9993605 More Info |
![]() | Snow Park CondoStonebridge 6-C Bedrooms: 3 Price: $699,000 MLS 9994797 More Info |
![]() | Stunning Architecture - Big Views3200 Mountain Top Drive Bedrooms: 5 Price: $3,880,000 MLS 9992957 More Info |
![]() | West Ridge - Views!2550 Lupine Lane Bedrooms: 4 Price: $4,120,000 MLS 9993832 More Info |
![]() | Large Silver Lake HomeAspen Hollow - 8165 Royal St East Bedrooms: 5 Price: $1,599,000 MLS 9994913 More Info |
![]() | Country Ranchette Close to Everything1589 Little Kate Rd Bedrooms: 4 Price: $925,000 MLS 9994554 More Info |
![]() | Great Home featuring Panoramic Wasatch Views2574 Silver Cloud Court Bedrooms: 6 Price: $4,870,000 MLS 9988929 More Info |
Community Information
The Treasures of Park City – Silver, The Silver Screen, and White Gold
Long before Park City became a world class ski resort town and the primary mountain venue for the 2002 Olympic Winter Games, it was famous for silver mining. Scouts for the U.S. Army discovered the first silver in the area while they were based near Salt Lake City for the purpose of preventing any trouble between the first Mormon settlers, the indigenous population of the area, and travelers headed to California. The claim was staked with a flag on a staff on what is now aptly named Flagstaff Mountain at Deer Valley.
The town of Park City was founded by prospectors in 1869, and as a piece of America’s Wild West, it enjoys a lively and colorful past. By 1900, it was a booming mining town with 10,000 residents and 100 saloons. The area boasted the second largest silver strike in the U.S. serviced by 1200 miles of mining tunnels under the city. The deepest mining shaft is 2600 feet deep, and the wealth created here has had a deep impact on America’s economic landscape ever since fueling fortunes of the likes of George Hearst who owned the Ontario Mine and whose wealth later led to the Hearst publishing empire.
Park City continued to mine silver until the early 1970's, but in truth the fortunes of the mining industry had started to wane by the late 1950’s. The town’s fathers convened to plot the future of Park City and turned to the next most logical natural resource – the Greatest Snow on Earth. Knowing that they needed a second act, the mining company, United Park City Mines, started the ski business in 1963, when they built the first lifts on what was then called Treasure Mountain, and the rest is history.











