Living in Holladay: Old World Charm & Modern Luxury

Holladay is widely considered the most prestigious neighborhood in the Salt Lake Valley. Famous for its heavy tree canopy, winding lanes, and incredible views of Mount Olympus, it offers a secluded "estate" feel just minutes from the city. From historic farmhouses to multi-million dollar custom mansions, Holladay attracts buyers looking for character, privacy, and established wealth.

The biggest news for late 2025 is the official opening of Trader Joe's at Holladay Hills (the former Cottonwood Mall site). This 58-acre redevelopment is finally coming to life, with new luxury townhomes by Tri Pointe Homes scheduled to open for sale in early 2026, bringing a new level of walkable luxury to the area.

Holladay Market Snapshot (Late 2025)

The valley's most resilient luxury market.

Metric Current Stat What This Means for You
Average Home Value $807,000 Values are up ~3.9% year-over-year. The "estate" market remains insulated from volatility.
Days on Market ~35 Days Competitive. Homes in the Cottonwood Elementary boundaries move extremely fast.
New Inventory Coming Soon Watch for the "Aspire at Holladay Hills" townhomes launching in early 2026.

Neighborhoods to Watch

  • Holladay Village Area: The charming, walkable city center featuring local boutiques, fine dining (like Copper Kitchen), and the new Trader Joe's.
  • Walker Lane: The "Beverly Hills" of Utah. Famous for secluded estates on massive lots hidden behind dense foliage.
  • Spring Lane: Keep an eye on this area—the city has officially signed a lease (starting Jan 2026) to transform the old elementary school site into a massive 12-acre community park.

Frequently Asked Questions About Holladay

What is happening at the old Cottonwood Mall site?
It is now called Holladay Hills. The project is fully underway, with the Trader Joe's officially opening in late 2025. The next phase includes luxury residential units and more office space, finally completing the vision for this prime location.
Why is Holladay so desirable?
It is one of the oldest settlements in the valley, meaning it has mature trees and lush landscaping that newer suburbs lack. The strict zoning allows for larger lots and diverse architecture, avoiding the "cookie-cutter" look found elsewhere.
How close is the skiing?
Holladay sits directly below Mount Olympus and is only minutes from I-215, making it arguably the fastest launch point in the valley to get up Big Cottonwood or Little Cottonwood Canyons for skiing.
Are the schools good?
Yes. Holladay is served by the Granite School District, with Olympus High School being a centerpiece of the community. It is known for its strong academic performance and incredibly dedicated alumni support.

Ready to Find Your Estate in Holladay?

I’m Terry Thompson with RealtyPath South Valley. Whether you want a new townhome at Holladay Hills or a secluded lot on Walker Lane, I can help you navigate this exclusive market.

Call or Text me anytime:
801-707-9790

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From our headquarters in Herriman, the Inxellence Group - RealtyPath South Valley proudly provides full-service representation for buyers and sellers throughout Holladay. We know the drive, we know the market, and we are here to help.