Fractional ownership of a vacation home in Park City, Utah, gives families reasonably-priced access to all that Park City offers. Through fractional ownership, you will have full access to a second home without worrying about maintaining or managing an empty home far away—one of the main disadvantages of full ownership.
Real estate in Park City runs around $486 per square foot, with a median listing price of $1.3 million. For people who might use the property for two-four weeks per year, that amount is prohibitive.
Fractional ownership in Park City is a solution. A fractional ownership plan locates luxury condos, homes and other prime properties in destination areas such as Park City. Some fractional ownership plans include multi-unit buildings, while others are in resort communities or single-family homes. The amount of ownership for each share varies from plan-to-plan, but most run from 1/16 to 1/4 of the property.
The owners share expenses in proportion to their interest, and those costs are reduced by renting vacant units to non-members. Each share comes with a guaranteed allotted vacation time per year. That time can be secured in a specific unit, or in any of the units in the plan. Owners coordinate their schedules to plan out the year.
Some fractional ownership plans have an ending date—usually after seven to ten years—at which point the properties are sold, and the investors are paid out their initial investment and any gains realized during the term of the plan.
Other plans have portfolios to multiple destinations, allowing you to travel to any of a number of properties.
Park City Timeshare and Fractional Listings
$55,000 and up - Fractional Resales, Fractional Resort
For individuals and families of discerning tastes and preferences, Sky Lodge in Park City offers unparalleled luxury and comfort in one of the best ski…More Details
$68,500 and up - Fractional Resales, Fractional Resort
Luxuriate in a well-appointed home away from home at the Grand Summit Resort Hotel. This spectacular fractional ownership property offers unparalleled access to some of…More Details
$88,500 per share - Fractional Resales, Fractional Resort
The Deer Valley Club is located in a beautiful ski-in/ski-out location on the Homestake ski run in the Silver Lake Village at Deer Valley Resort.…More Details
$143,000 per share - Fractional Home
This Park City, UT townhouse is right next to world class skiing, and beautiful downtown Park City, UT. Walk to this folksy town and…More Details
$143,000 per share - Fractional Home
Upstairs Park City, UT townhouse has a massive living space for your family gatherings. Plenty of room for all! Walk just steps to beautiful…More Details
$240,000 and up - Fractional Home
This 19th-century silver mining town is known for its winter sports and activities. Utah Olympic Park, to the north, was the venue for the 2002…More Details
Some plans may serve as equity funds. The equity fund pools the resources of the investors to buy a portfolio of luxury homes. These homes are usually in different countries or areas of the same company.
Investors in the fund have access to all the residences in the fund’s portfolio, as well as the properties in which the fund connects through a network. A number of these funds, including the Equity Alliance, own luxury properties in Park City.
Advantages of Fractional Ownership
Whether you want to visit the same place each vacation or enjoy going to various places, fractional ownership has some key advantages.
Your expenses are lower because you share maintenance and capital expenditures with the other owners. When owners do not occupy properties, they may be rented to non-members, helping keep costs down. Your costs are proportional to your ownership share.
Park City Resorts
The historic mining town of Park City is nestled in the Wasatch Mountains of Utah. Home to two world-class ski resorts, Deer Valley Mountain Resort and Park City Mountain Resort, this world-class mountain destination is a short 35-minute drive from Salt Lake City International Airport. Both resorts are open throughout the year, although they are mainly known for winter snow sports like skiing.
Park City Mountain Resort is the largest ski area in the country, with more than 300 trails that deliver a balanced beginner, intermediate, and expert experience. It features three distinct base areas and more than two dozen restaurants in the resort area. Lodgings are available in several convenient locations. Lift access from all lodging is convenient, with some units offering direct ski-in/ski-out access. Fine and casual dining options are available on the mountain and off. The Grand Summit Hotel is right on the mountain, at the foot of the resort. It is recently renovated and is part of Vail Resorts RockResorts lodging portfolio.
Deer Valley Mountain Resort offers a wide range of lodging all over the mountain, with an assortment of hotel rooms, lodges, condominiums, and private homes available. As a prime tourist destination, there is a wide range of dining on the mountain and in town to satisfy all tastes and budgets.
Park City Activities
Park City offers many other year-round activities—this outdoor mountain resort is not just a ski town.
All Seasons Adventures offers many activities all 12 months of the year. Their half-day whitewater trip down the Weber River runs through several Class II rapids and spectacular canyons and rock displays. All Seasons also coordinates mountain biking, hiking, and horseback riding in the summer. They don’t sit still during the winter; their portfolio of activities includes cross-country skiing, snowshoeing, and dog sledding.
Hot-air balloons frequently float in the sky over Park City. Culminating in the annual Autumn Aloft, held in September, several firms run regular hot-air balloon trips. Park City Balloon Adventures offers hour-long tours year-round in and around Park City—wherever the wind takes it.