Question 1

What is the asking price for 8794 SILVER LIGHT, Park City?

Accepted Answer

8794 SILVER LIGHT, Park City is listed at $5,325,000 ($710/sqft).  Current status: Pending.

Question 2

How many bedrooms and bathrooms does 8794 SILVER LIGHT, Park City have?

Accepted Answer

This Residential features 5 bedrooms, 7 bathrooms, 7,500 square feet of living space. It is a 2-story home. The lot is 0.8 acres.

Question 3

When was 8794 SILVER LIGHT, Park City built?

Accepted Answer

This property was built in 2021, making it 5 years old. As a newer construction, it likely features modern building codes, energy-efficient systems, and contemporary finishes.

Question 4

What type of property is 8794 SILVER LIGHT, Park City?

Accepted Answer

8794 SILVER LIGHT, Park City is a Residential (Single Family Residence). The architectural style is Rambler/Ranch. It is located in the PINNACLE PORTFOLIO subdivision. Zoning: Single-Family.

Question 5

Does 8794 SILVER LIGHT, Park City have a garage or parking?

Accepted Answer

Yes, this property includes a 4-car garage. Total parking capacity: 4 vehicles.

Question 6

Is there an HOA for 8794 SILVER LIGHT, Park City?

Accepted Answer

Yes, this property is part of a homeowners association. HOA fees are $850 monthly. HOA fees typically cover shared amenities, landscaping, and community maintenance.

Question 7

What are the property taxes for 8794 SILVER LIGHT, Park City?

Accepted Answer

Annual property taxes for this property are approximately $6,179 (about $515/month). This represents an effective tax rate of approximately 0.12% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

How long has 8794 SILVER LIGHT, Park City been on the market?

Accepted Answer

This property has been listed for 0 days. The average days on market in Park City is 75 days, meaning this listing is moving faster than the local average. This is a fresh listing — act quickly if interested.

Question 9

Is 8794 SILVER LIGHT, Park City new construction?

Accepted Answer

Yes, this is a new construction property built in 2021. New construction in Utah typically includes modern energy codes, current building standards, builder warranties, and contemporary finishes.  Review the builder warranty terms and any remaining items on the builder punch list.

Question 10

What schools serve 8794 SILVER LIGHT, Park City?

Accepted Answer

Assigned schools: Elementary: South Summit; Middle: South Summit; High: South Summit.   School district: South Summit.

Question 11

What high school is near 8794 SILVER LIGHT, Park City?

Accepted Answer

The nearest high school is South Summit. View the full school profile on Propaired for test scores, enrollment, and student-to-teacher ratios.

Question 12

What elementary school is near 8794 SILVER LIGHT, Park City?

Accepted Answer

The nearest elementary school is South Summit. Propaired provides full school ratings and comparison data for all schools in this area.

Question 13

What middle school is near 8794 SILVER LIGHT, Park City?

Accepted Answer

The nearest middle school is South Summit.

Question 14

How does this listing compare to the Park City market?

Accepted Answer

8794 SILVER LIGHT, Park City is listed at $5,325,000, which is above the Park City median of $1,875,000 by $3,450,000. There are currently 640 active listings in Park City. Homes in Park City sell in an average of 75 days. The average sale-to-list ratio is 97.2%.

Question 15

What is the Park City real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Park City is $1,875,000. There are currently 640 active listings. Homes sell in an average of 75 days. The average sale-to-list ratio is 97.2%. This listing at $5,325,000 is above the Park City 2026 median.

Question 16

Are there other homes for sale in Park City?

Accepted Answer

Yes — there are currently 640 active listings in Park City. Browse all Park City homes for sale at propaired.ai/listings/ut/park-city. Prices range around a median of $1,875,000. Homes in Park City are selling in about 75 days on average.

Question 17

What is the Park City neighborhood like?

Accepted Answer

World-class ski resort town. Upscale, excellent schools, second homes, Olympics heritage, outdoor recreation paradise. Higher cost of living. Park City is known for: ski-access, upscale, outdoor-recreation, resort-town. Population: approximately 8,000. Explore the full Park City market data and community guide on Propaired.

Question 18

How does this price compare to the Utah state average?

Accepted Answer

At $5,325,000, this property is above the Utah state median of $525,000 by $4,800,000. Park City prices are 257% above the state average. Utah's housing market varies significantly by region — front-range cities near SLC are typically more expensive than rural areas.

Question 19

Does 8794 SILVER LIGHT, Park City have a basement?

Accepted Answer

Yes, the basement is described as: Walk-Out Access. Basements in Utah are common and add versatile living or storage space. Check for any signs of moisture or foundation issues during the home inspection.

Question 20

What are the water and sewer connections for 8794 SILVER LIGHT, Park City?

Accepted Answer

Water source: Culinary. Sewer: Sewer: Available,Sewer: Public.  Municipal sewer service means no septic maintenance costs. Water is a critical consideration in Utah's arid climate.

Question 21

What is the commute like from 8794 SILVER LIGHT, Park City?

Accepted Answer

8794 SILVER LIGHT, Park City is located in Park City, in the Wasatch Front region of Utah. With a population of approximately 8,000, Park City has good transportation access. Commute times vary by destination — most Wasatch Front cities are within 30-60 minutes of downtown Salt Lake City via I-15. Consider rush-hour traffic patterns when evaluating this location.

Question 22

What is the Park City community like?

Accepted Answer

Park City is known for: ski-access, upscale, outdoor-recreation, resort-town, excellent-schools. The city has approximately 8,000 residents. The median home price in Park City is $2,500,000. Explore the full Park City community profile on Propaired for detailed neighborhood insights.

Question 23

What would homeowner's insurance cost for 8794 SILVER LIGHT, Park City?

Accepted Answer

Homeowner's insurance in Utah typically ranges from 0.3% to 0.5% of the home's value annually. For a home listed at $5,325,000, expect approximately $15,975-$26,625/year ($1,331-$2,219/month).   Get multiple quotes — rates vary significantly by insurer.

Question 24

What are the estimated closing costs for 8794 SILVER LIGHT, Park City?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $5,325,000, expect approximately $106,500-$266,250 in closing costs. This includes title insurance, escrow fees, lender fees, recording fees, and prepaid items (insurance, taxes). Buyers should also budget for a home inspection ($300-$500), appraisal ($400-$600), and any lender-required reserves.

Question 25

How does the property tax compare to the list price at 8794 SILVER LIGHT, Park City?

Accepted Answer

The annual property tax of $6,179 represents an effective rate of 0.12% relative to the list price of $5,325,000. This is below the Utah average effective rate of approximately 0.58%, which is favorable for the buyer. Property taxes in Utah are assessed by the county and can change when the property is sold.

Question 26

Is 8794 SILVER LIGHT, Park City eligible for FHA or VA financing?

Accepted Answer

At $5,325,000, this property may exceed standard FHA loan limits and could require a conventional or jumbo loan. VA loans have no price cap but require VA eligibility.    Consult a mortgage lender for personalized eligibility.

Question 27

Could 8794 SILVER LIGHT, Park City be a 1031 exchange property?

Accepted Answer

Yes, 8794 SILVER LIGHT, Park City could potentially qualify for a 1031 like-kind exchange if used as an investment or business property. A 1031 exchange allows deferral of capital gains taxes by reinvesting proceeds from one investment property into another. Key requirements include identifying a replacement property within 45 days and closing within 180 days. The property must be held for investment purposes — personal residences do not qualify. Consult a qualified intermediary and tax advisor for specific guidance.

Question 28

What is the price trend in Park City?

Accepted Answer

Park City's median price has increased 14.7% month-over-month. Current median: $1,875,000. Days on market have decreased by 22.8% month-over-month. Homes are selling at 97.2% of list price on average. Monitor these trends to time your offer strategically.

Question 29

What school district is 8794 SILVER LIGHT, Park City in?

Accepted Answer

This property is in the South Summit school district. Assigned elementary: South Summit. Assigned middle: South Summit. Assigned high: South Summit. School district boundaries can affect property values by 5-15%. Contact the district directly to confirm current enrollment boundaries, as they may change.

Question 30

Is 8794 SILVER LIGHT, Park City move-in ready?

Accepted Answer

Built just 5 years ago, this home is relatively new and likely in good condition. A professional home inspection is always recommended before purchase to identify any needed repairs.

Question 31

Does 8794 SILVER LIGHT, Park City come with a home warranty?

Accepted Answer

No home warranty is currently included with this property. Buyers can request a home warranty as part of the purchase negotiation — they typically cost $400-$700/year and cover major systems and appliances. This is especially valuable for older homes.

Question 32

What is the lot like at 8794 SILVER LIGHT, Park City?

Accepted Answer

The lot is 0.8 acres. Lot features: Road: Paved,View: Mountain,View: Valley. Terrain: Road: Paved, View: Mountain, View: Valley. Views: Mountain(s),Valley.  Lot characteristics affect usability, privacy, and future improvement potential.

Question 33

What utilities are available at 8794 SILVER LIGHT, Park City?

Accepted Answer

Available utilities include: Natural Gas Available,Electricity Available,Sewer Available,Sewer: Public,Water Available. Water source: Culinary. Sewer: Sewer: Available,Sewer: Public. Utility costs in Utah vary by season — expect higher heating bills in winter and cooling costs in summer. Contact local utility providers for average monthly cost estimates for this address.

8794 SILVER LIGHT, Park City, UT 84098

8794 SILVER LIGHT LN #47, Park City, UT 84098

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