Prospector is one of the more established and affordable neighborhoods in Park City and offers single-family, multi-family and condominium properties, some with distinctly Victorian-era styling. Located within walking distance of Park City High School, Treasure Mountain Middle School and McPolin Elementary, Prospector also offers easy access to the Rail Trail, Park City's popular recreational trail for bikers, runners and walkers.

The US Ski and Snowboard Association's“Center of Excellence”sits just down Kearns Boulevard, as do the National Ability Center, Park City Ice Rink and rambling trails of Round Valley. Also situated off of Kearns Boulevard is the stunningly designed Park City Medical Center, home to 24-hour emergency service, six state-of-the-art operating suites, family and internal medicine, orthopedic and general surgery, cardiac care, pediatrics, obstetrics, gynecology, radiology and imaging. Prospector home owners have the added convenience of neighboring restaurants, retail stores and professional buildings, and commuters appreciate the area's quick access to Highway 40.