Question 1

What is the asking price for 6940 ELK WALLOW, Park City?

Accepted Answer

6940 ELK WALLOW, Park City is listed at $795,000 ($545/sqft).  Current status: Pending.

Question 2

How many bedrooms and bathrooms does 6940 ELK WALLOW, Park City have?

Accepted Answer

This Residential features 3 bedrooms, 3 bathrooms, 1,458 square feet of living space. It is a 2-story home. The lot is 0.06 acres.

Question 3

When was 6940 ELK WALLOW, Park City built?

Accepted Answer

This property was built in 2024, making it 2 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 6940 ELK WALLOW, Park City?

Accepted Answer

6940 ELK WALLOW, Park City is a Residential (Single Family Residence). The architectural style is Bungalow/Cottage. It is located in the SILVER CREEK subdivision. Zoning: Single-Family.

Question 5

Does 6940 ELK WALLOW, Park City have a garage or parking?

Accepted Answer

Yes, this property includes a 2-car garage. Total parking capacity: 2 vehicles.

Question 6

Is there an HOA for 6940 ELK WALLOW, Park City?

Accepted Answer

Yes, this property is part of a homeowners association. HOA fees are $141 monthly. HOA fees typically cover shared amenities, landscaping, and community maintenance.

Question 7

What are the property taxes for 6940 ELK WALLOW, Park City?

Accepted Answer

Annual property taxes for this property are approximately $1 (about Contact for Price/month). This represents an effective tax rate of approximately 0.00% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 6940 ELK WALLOW, Park City?

Accepted Answer

Interior features include: Bath: Primary, Closet: Walk-In, Disposal, Kitchen: Updated, Oven: Gas. Exterior features include: Patio: Covered.    View: Mountain(s).

Question 9

How long has 6940 ELK WALLOW, Park City been on the market?

Accepted Answer

This property has been listed for 98 days. The average days on market in Park City is 75 days, meaning this listing is taking longer than the local average. Extended time on market may present negotiation opportunities for buyers.

Question 10

Is 6940 ELK WALLOW, Park City new construction?

Accepted Answer

Yes, this is a new construction property built in 2024. 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 11

What schools serve 6940 ELK WALLOW, Park City?

Accepted Answer

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

Question 12

What high school is near 6940 ELK WALLOW, 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 13

What elementary school is near 6940 ELK WALLOW, 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 14

What middle school is near 6940 ELK WALLOW, Park City?

Accepted Answer

The nearest middle school is South Summit.

Question 15

How does this listing compare to the Park City market?

Accepted Answer

6940 ELK WALLOW, Park City is listed at $795,000, which is below the Park City median of $1,875,000 by $1,080,000. 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 16

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 $795,000 is below the Park City 2026 median.

Question 17

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 18

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 19

How does this price compare to the Utah state average?

Accepted Answer

At $795,000, this property is above the Utah state median of $525,000 by $270,000. 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 20

What heating and cooling systems does 6940 ELK WALLOW, Park City have?

Accepted Answer

Heating: Gas: Central. Cooling: Central Air. Modern HVAC systems typically last 15-20 years with proper maintenance. Utah's climate ranges from sub-zero winters to 100°F+ summers, making reliable heating and cooling essential.

Question 21

What type of roof does 6940 ELK WALLOW, Park City have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 2-year-old home, reviewing recent roof inspections is recommended.

Question 22

Does 6940 ELK WALLOW, Park City have a basement?

Accepted Answer

Yes, the basement is described as: Daylight. A daylight basement features windows for natural light, making the space more livable. Check for any signs of moisture or foundation issues during the home inspection.

Question 23

What is 6940 ELK WALLOW, Park City constructed from?

Accepted Answer

Construction materials include: Stucco,Cement Siding. The construction type affects long-term maintenance requirements and insurance costs.

Question 24

What type of flooring does 6940 ELK WALLOW, Park City have?

Accepted Answer

Flooring types include: Laminate,Tile.  Tile flooring is durable and ideal for high-traffic areas and bathrooms.

Question 25

What are the water and sewer connections for 6940 ELK WALLOW, Park City?

Accepted Answer

Water source: Culinary. Sewer: Sewer: Connected.   Water is a critical consideration in Utah's arid climate.

Question 26

What is the commute like from 6940 ELK WALLOW, Park City?

Accepted Answer

6940 ELK WALLOW, 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 27

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 28

What would homeowner's insurance cost for 6940 ELK WALLOW, 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 $795,000, expect approximately $2,385-$3,975/year ($199-$331/month).   Get multiple quotes — rates vary significantly by insurer.

Question 29

What are the estimated closing costs for 6940 ELK WALLOW, Park City?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $795,000, expect approximately $15,900-$39,750 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 30

How does the property tax compare to the list price at 6940 ELK WALLOW, Park City?

Accepted Answer

The annual property tax of $1 represents an effective rate of 0.00% relative to the list price of $795,000. 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 31

Is 6940 ELK WALLOW, Park City eligible for FHA or VA financing?

Accepted Answer

At $795,000, 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 32

Could 6940 ELK WALLOW, Park City be a 1031 exchange property?

Accepted Answer

Yes, 6940 ELK WALLOW, 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 33

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 34

What school district is 6940 ELK WALLOW, 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 35

Is 6940 ELK WALLOW, Park City move-in ready?

Accepted Answer

As new construction, this home is expected to be move-in ready with modern finishes and warranties. A professional home inspection is always recommended before purchase to identify any needed repairs.

Question 36

Does 6940 ELK WALLOW, Park City come with a home warranty?

Accepted Answer

Yes, a home warranty is included with this property. Home warranties typically cover major systems (HVAC, plumbing, electrical) and appliances for one year, providing peace of mind for buyers. Review the warranty terms to understand coverage limits and deductibles.

Question 37

What is the lot like at 6940 ELK WALLOW, Park City?

Accepted Answer

The lot is 0.06 acres. Lot features: Curb & Gutter,Sidewalks,View: Mountain. Terrain: Curb & Gutter, Sidewalks, Terrain, Flat, View: Mountain. Views: Mountain(s).  Lot characteristics affect usability, privacy, and future improvement potential.

Question 38

What utilities are available at 6940 ELK WALLOW, Park City?

Accepted Answer

Available utilities include: Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected. Water source: Culinary. Sewer: Sewer: Connected. 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.

Question 39

Does 6940 ELK WALLOW, Park City have natural gas?

Accepted Answer

Yes, this property has natural gas service — the heating system is listed as: Gas: Central. Natural gas is the most common and cost-effective heating fuel in Utah, typically 30-50% less expensive than electric heating. The cooling system (Central Air) operates separately. Natural gas availability also supports gas ranges, water heaters, and fireplaces.

6940 ELK WALLOW, Park City, UT 84098

6940 ELK WALLOW DR #111, Park City, UT 84098

About This Property

Features & Amenities

Property Info

Financial

Structure & Systems

Parking

All Property Details

Property Info

Bedrooms & Baths

Financial

Structure

Lot & Land

Parking

Amenities

Utilities

Schools

Timeline

Park City Market Context

Crime & Safety

Park City compared to:

vs National Average (FBI UCR 2024)

Find Your Dream Home

Frequently Asked Questions

Discover