Park City has always been one of those places where you wonder: did I miss the window?
The answer, if you're looking at 5545 Lillehammer Lane, is no. You haven't.
This 4-bedroom, 3.5-bathroom condominium in the Bear Hollow community is newly listed at $1,350,000 — and it checks boxes that are genuinely hard to find in today's Park City market.
The Property At A Glance
- Address: 5545 Lillehammer Lane, Park City, UT 84098
- Bedrooms: 4 | Bathrooms: 3.5 | Square footage: 2,250
- Type: Condominium | List price: $1,350,000
- Nightly rental: Approved
- Full details: 5545lillehammerln.com
Why Bear Hollow
Location is everything in Park City, and Bear Hollow delivers. You're minutes from both Park City Mountain Resort and Deer Valley — two of the most celebrated ski destinations in North America. The Utah Olympic Park is practically in your backyard. And with Salt Lake City International Airport just 35 minutes away, getting here — or getting guests here — is easier than most mountain markets allow.
Bear Hollow is also a genuine community, not a hotel corridor. The neighborhood has a clubhouse, swimming pool, hot tub, and fitness center. These are the amenities that make short-term rental guests leave glowing reviews and book return stays.
The Space
2,250 square feet is meaningful. In a market full of studio and one-bedroom ski condos, four bedrooms and 3.5 bathrooms means you can host a family, a corporate retreat, or rotating groups of friends without anyone feeling cramped. Larger units in premium markets consistently outperform smaller ones on a per-night and annual revenue basis.
The Investment Case
Park City's appeal doesn't start and end with ski season. The Sundance Film Festival brings a wave of visitors every January. Summer hiking and mountain biking have turned the shoulder season into a genuine revenue period. Fall foliage, events at the Utah Olympic Park, and proximity to Salt Lake City's growing population create demand across all twelve months.
Nightly rental approval on this property isn't a footnote — it's a significant part of the value proposition. That approval is increasingly hard to come by in Park City, where short-term rental regulations have tightened in recent years.
Who This Is For
This property works for three types of buyers. The second-home buyer who wants a world-class mountain retreat without the maintenance burden of a single-family home. The investor who wants a proven short-term rental market with strong year-round demand. And the hybrid buyer — who wants to enjoy the property personally and offset costs with strategic rental income when they're not there.
Ready to Take a Closer Look?
I'm Tom White with KW Park City Keller Williams. If you'd like to schedule a private showing, request the full property package, or just talk through the numbers, I'd love to connect.
Visit 5545lillehammerln.com to see the full listing, or reach out directly:
- Call or text: (435) 640-0217
- Email: Tom@ParkCityHomeSales.com
Park City's well-priced properties are moving in under 20 days right now. Don't wait on this one.