246 WHITE PINE CANYON, Park City, UT 84060
6BD/—BA Residential in Park City, UT 84060. 14,850 sqft. Built 2019. Listed at $28,500,000. MLS #2063446.
6BD/—BA Residential in Park City, UT 84060. 14,850 sqft. Built 2019. Listed at $28,500,000. MLS #2063446.
In the exclusive and private enclave of The Colony, this modern contemporary residence is a true architectural triumph. Mountainside with direct ski-in/ski-out access, this estate showcases the visionary design of Rick Otto, Architect, and the masterful craftsmanship of Don Craig Construction. With 14,850 square feet, a heated swimming pool, multiple hot tubs, and ski-in/ski-out accessibility, this home blends luxury and mountain living. Every detail has been meticulously curated, from rich wood floors and striking copper accents to a custom floating staircase and designed lighting. Expansive windows frame ski mountain views, filling the home with natural light and a connection to mountainside living. Designed for luxurious comfort, recreating, and endless entertaining, this residence features six bedrooms, ten bathrooms, two private study/offices, a state-of-the-art gym, a separate yoga/pilates studio, a home theatre, multiple family and laundry rooms, an elevator, exemplary mechanical systems including Savant home technology, Oxygenation system, humidifiers, central air, and radiant heating. The blend of mountain contemporary, the peacefulness and serenity of being on over 7 acres, and the simplicity of skiing directly in and out of the property, make this extraordinary home, an ultimate Park City residence.
Property Type
Residential
Property Style
Single Family Residence
Stories
3
Subdivision
COLONY AT WHITE PINE CANYON
County
Summit
Zoning
Single-Family
Construction
Asphalt,Stone,Other
Lot Size
7.46 sq ft
Above Grade Area
9,822 sq ft
Condition
Blt./Standing
MLS #
2063446
Property Type
Residential
Property Style
Single Family Residence
Stories
3
Subdivision
COLONY AT WHITE PINE CANYON
County
Summit
Zoning
Single-Family
Construction
Asphalt,Stone,Other
Lot Size
7.46 sq ft
Above Grade Area
9,822 sq ft
Condition
Blt./Standing
MLS #
2063446
List Price
$28,500,000
Original Price
$32,000,000
HOA Fees
$29,135 / Annually
Annual Taxes
$113,659
Home Warranty
No
List Price
$28,500,000
Original Price
$32,000,000
HOA Fees
$29,135 / Annually
Annual Taxes
$113,659
Home Warranty
No
Heating
Forced Air,Gas: Central,Gas: Radiant,Radiant Floor
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Full,Walk-Out Access
Materials
Asphalt,Stone,Other
Appliances
Portable Dishwasher,Dryer,Freezer,Gas Grill/BBQ,Microwave,Range Hood,Refrigerator,Satellite Dish,Washer,Water Softener Owned
Laundry
Gas Dryer Hookup
Patio & Porch
Covered,Patio: Open
Water Source
Private
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Gas: Central,Gas: Radiant,Radiant Floor
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Full,Walk-Out Access
Materials
Asphalt,Stone,Other
Appliances
Portable Dishwasher,Dryer,Freezer,Gas Grill/BBQ,Microwave,Range Hood,Refrigerator,Satellite Dish,Washer,Water Softener Owned
Laundry
Gas Dryer Hookup
Patio & Porch
Covered,Patio: Open
Water Source
Private
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Garage Spaces
4
Covered Spaces
4
Total Parking
4
Garage Spaces
4
Covered Spaces
4
Total Parking
4
Why this is a deal
Classification
Standard
Deal Score
78/100
vs Similar Homes
69% above
vs Market Median
61% above
Price Reduced
10.9%
Area Growth (YoY)
-6.0%
Deal Score Breakdown
78/100 · 1 qualifying signal
11% price reduction from original list — seller may be motivated
Priced 69% above the median of similar listings
Priced 61% above the per-subtype city median
-6.0% year-over-year ZHVI growth in this area
LT net cashflow -$161,972/mo (-83.7% return on ownership cost) · STR net cashflow -$188,364/mo (-97.3% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Why this classification
Monthly Rent
$35,897/mo
Range: $21,732 – $50,062
Net Monthly Cash Flow
−$161,972 /mo (−$1,943,670/yr)
Monthly rental income
Monthly ownership cost
Coverage
19%
Net /mo
−$161,972
DSCR
0.22
Est. Annual Revenue
$89,091/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$188,363 /mo (−$2,260,359/yr)
Monthly STR income
Monthly ownership cost
Coverage
4%
Net /mo
−$188,364
DSCR
0.04
Best Download
1 Gbps
Best Upload
1 Gbps
Fiber Available
No
Providers
7
Available Providers
$1,940,000
+1369% vs median
84 days
553
$24,900 – $55,000,000
$113,659
$29,135/annually
High Crime
16.7
per 1,000
33.8
per 1,000
7.4
per 1,000
57.9
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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