Old Town/PCMR

Old Town Park City & Park City Mountain Resort (PCMR)

Old Town Park City is the historic heart of Park City, Utah, and one of the most sought-after real estate markets in the Wasatch Back. Anchored by Historic Main Street and the Park City Mountain Resort (PCMR) base area, Old Town combines authentic mountain character, walkability, ski access, and year-round lifestyle appeal that few resort markets can match.

For buyers seeking ski-in/ski-out access, strong rental demand, and long-term value stability, Old Town and the PCMR base area remain premier choices.

Location & Boundaries

Old Town is located directly below Park City Mountain Resort and stretches from the base area lifts up through the hillside neighborhoods surrounding Historic Main Street.

The area generally includes:

• Historic Main Street and surrounding streets

• The Town Lift corridor

• Lower Old Town neighborhoods near Deer Valley Drive

• Park City Mountain Resort base area and lift-served access points

• Portions of Prospector and the lower hillside residential zones adjacent to PCMR

Old Town sits within the Park City School District and offers direct access to Park City’s free transit system, making it one of the most walkable and centrally located areas in Summit County.

Park City Mountain Resort (PCMR) Access

Old Town is uniquely positioned as the urban base of Park City Mountain Resort, the largest ski resort in the United States.

Residents enjoy:

• Walk-to-lift or ski-in/ski-out access at the PCMR base

• The Town Lift, providing direct ski access from Main Street

• Immediate access to world-class skiing, snowboarding, and summer mountain biking

• Year-round resort operations including alpine slides, hiking trails, and events

This direct integration with PCMR is a major driver of both lifestyle appeal and rental performance.

Lifestyle & Community

Old Town is known for its vibrant, year-round atmosphere. Residents and visitors enjoy:

• Walkable access to restaurants, bars, galleries, and shopping on Historic Main Street

• World-class events including Sundance Film Festival, concerts, and seasonal festivals

• Easy access to hiking, biking, and trail systems right from town

• A blend of full-time residents, second-home owners, and short-term visitors

Few neighborhoods in Park City offer the same combination of culture, recreation, and convenience.

Real Estate in Old Town & PCMR

Real estate in Old Town is diverse but consistently in high demand. Property types include:

• Historic single-family homes with character and charm

• Townhomes and condominiums near the PCMR base area

• Luxury ski-access properties and hillside residences with views

• Investment properties approved for nightly rentals (subject to zoning)

Inventory in Old Town is inherently limited due to geography, historic preservation, and zoning restrictions. This scarcity has historically supported strong property values and liquidity.

Nightly Rental & Investment Appeal

Old Town and the PCMR area are among the strongest nightly rental markets in Park City.

Key factors driving rental demand include:

• Walkability and ski access

• Proximity to Main Street nightlife and dining

• Sundance Film Festival demand

• Year-round tourism tied to PCMR operations

Many properties in Old Town fall within zones that allow short-term rentals, making the area particularly attractive to buyers seeking both personal use and income potential. Zoning and rental eligibility should always be verified on a property-by-property basis.

Why Buyers Choose Old Town

Buyers are drawn to Old Town and the PCMR area for several reasons:

• Direct access to Park City Mountain Resort

• Walkable, historic, considers to be the core of Park City

• Strong long-term demand from both residents and visitors

• Limited supply supporting resale value

• High lifestyle value combined with rental potential

Whether purchasing a primary residence, second home, or investment property, Old Town consistently ranks among the most competitive submarkets in Park City.

Old Town vs. Other Park City Areas

Compared to other Park City neighborhoods:

• Old Town offers better walkability than Kimball Junction or Pinebrook

• It provides more direct ski access than Prospector or Jeremy Ranch

• It has a stronger nightly rental profile than many Deer Valley residential areas

For buyers prioritizing proximity, culture, and ski access, Old Town remains unmatched.

Summary

Old Town Park City, together with the Park City Mountain Resort base area, represents the historical, cultural, and recreational core of Park City. With walk-to-ski access, strong rental demand, limited inventory, and enduring appeal, it continues to be one of the most desirable real estate markets in Utah.

Looking at homes or condos in Old Town or near PCMR?
I help buyers evaluate ski access, zoning, rental potential, and market value so they can make informed decisions in one of Park City’s most competitive neighborhoods.