The $10.6 million asking price for Katherine Heigl's Oakley, Utah, estate stands in sharp contrast with the roughly $1 million lot she bought in 2007. Realtor.com shows the property listed at $10.6 million and describes a 25-acre compound about 15 miles from Park City, with more than 8,000 square feet, six bedrooms and seven bathrooms. Heigl told the Wall Street Journal the decision to sell was difficult and driven by the couple's plans to move into a smaller, restored farmhouse nearby. The listing pitches the property to buyers who prize privacy, land and a legacy home rather than a resort address.
On one hand, the Oakley property reads like a purpose-built family sanctuary. On the other hand, the Heigls are selling it so they can downsize into a restored farmhouse.
Property and price
The Realtor.com listing sets the price at $10.6 million and lays out the estate's scale and finishes. The parcel covers 25 acres about 15 miles from Park City and includes a main residence of more than 8,000 square feet, six bedrooms and seven bathrooms. Interior features highlighted in the listing include exposed brick, soaring wood-beamed ceilings and an open-concept layout. Grounds listed by Realtor.com include terraces with sweeping mountain views and a private waterfall.
The compound also offers amenities aimed at a creative household, according to the listing and reporting. Realtor.com notes a heated pool, a standalone art studio and a home theater. The listing agent, Paul Benson of Engel & Völkers Park City, told Realtor.com the property was tailored to a creative lifestyle and that the sellers want a buyer who values privacy, land and legacy over a resort address.
Family history and the move
Katherine Heigl and her husband Josh Kelley bought the lot in 2007 for about $1 million and built the main house in 2008, according to Realtor.com and contemporaneous reporting. The couple established Utah as their primary residence in 2012 after previously splitting time with Los Angeles, the listings and media coverage say.
Heigl spoke about the choice to sell in an interview with the Wall Street Journal, saying, "It’s been very hard to decide to let it go. I’m a real sort-of homebody and creature of habit." The Wall Street Journal reported the family weighed the home's practicality once their children leave and decided to move into a smaller house they already bought nearby.
Media reports, citing the Wall Street Journal, described several bespoke features of the estate that reflect the couple's personal tastes. Those accounts note a home theater where Heigl displayed an extensive yarn collection and a "listening shack" that Josh Kelley restored using reclaimed oak and insulated for year-round use.
People also repeated Realtor.com's detail that the property is being presented more as a legacy estate than a turnkey vacation rental or resort listing.
The marketing emphasis is clear: privacy and acreage, not a Deer Valley or Park City address. Paul Benson told Realtor.com the sellers hope to attract a purchaser who values land and legacy. That positioning matters in a market where buyers often choose properties for proximity to lifts and village life; this listing aims at a different buyer profile.
The sale closes an 18-year chapter for the family. Heigl and Kelley developed the lot into a multi-structure estate and raised three children there. Now they plan to occupy a restored blue Victorian farmhouse they purchased nearby and have been renovating, a move framed in media reports as a conscious downsizing step tied to their family stage.
Watch whether the listing attracts offers at $10.6 million or prompts a price cut. The listing agent is Paul Benson of Engel & Völkers Park City.