The Woods of Parley’s Lane

Mountainlands Community Housing Trust (MCHT) received a required donation of four lots from the developers of The Woods of Parley’s Lane a subdivision located in the Snyderville Basin north of Interstate 80 east of the Parley’s exit. Four homes were built in 2009 –two 3-bedroom homes of approximately 2000 square feet each and two 4-bedroom homes of approximately 2500 square feet each. These are the largest restricted affordable homes in Summit County. All homes are Energy Star Certified.woods at parleys lane

These homes were sold under a land-lease and were priced at approximately $270,000-$300,000 and will be limited to 3% appreciation per year. The purchasers of the homes are two families earning under 50% AMI, one under 60% AMI and one under 80% AMI.