5790 COBALT, Park City, UT 84098
3BD/—BA Residential in Park City, UT 84098. 2,821 sqft. Built 2023. Listed at $3,850,000. MLS #2070051.
3BD/—BA Residential in Park City, UT 84098. 2,821 sqft. Built 2023. Listed at $3,850,000. MLS #2070051.
Luxury Living in Promontory - Fully Upgraded, Furnished & Lease Back Opportunity! This stunning 3-bedroom, 3.5-bath home in the exclusive gated Promontory community offers the perfect blend of elegance, comfort, and investment potential. Promontory Homes originally spent $310,000 in upgrades and $175,000 in high-end furnishings, all of which have never been used, making this a one-of-a-kind opportunity. Designed for year-round enjoyment, the south-facing patio is an entertainer's dream, featuring a built-in hot tub and fire pit-perfect for hosting family and friends in any season. Inside, an open-concept layout, luxurious finishes, and abundant natural light create a warm yet sophisticated ambiance. Adding to its appeal, this home comes with a lease-back from Promontory, paying $15,416.67 per month until the lease expires, which could make it an outstanding investment. Last but certainly not least, the home comes with the opportunity to get a full golf membership to the club immediately upon closing. Don't miss your chance to own this brand-new, never-lived-in retreat in one of Park City's most sought-after communities!
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Subdivision
CLUBHOUSE VILLAS
County
Summit
Zoning
Single-Family, Short Term Rental Allowed
Construction
Stone,Other
Lot Size
0.23 sq ft
Condition
Blt./Standing
MLS #
2070051
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Subdivision
CLUBHOUSE VILLAS
County
Summit
Zoning
Single-Family, Short Term Rental Allowed
Construction
Stone,Other
Lot Size
0.23 sq ft
Condition
Blt./Standing
MLS #
2070051
List Price
$3,850,000
HOA Fees
$2,700 / Quarterly
Annual Taxes
$19,347
Home Warranty
No
List Price
$3,850,000
HOA Fees
$2,700 / Quarterly
Annual Taxes
$19,347
Home Warranty
No
Heating
Forced Air,Gas: Central,Radiant Floor
Cooling
Central Air
Roof
Metal
Flooring
Carpet,Hardwood,Tile
Basement
None
Materials
Stone,Other
Appliances
Dryer,Microwave,Range Hood,Refrigerator,Washer
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Gas: Central,Radiant Floor
Cooling
Central Air
Roof
Metal
Flooring
Carpet,Hardwood,Tile
Basement
None
Materials
Stone,Other
Appliances
Dryer,Microwave,Range Hood,Refrigerator,Washer
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
85/100
vs Similar Homes
19% below
vs Market Median
1% below
Area Growth (YoY)
-13.3%
Deal Score Breakdown
85/100 · 1 qualifying signal
Priced 19% below the median of similar listings
Priced 1% below the per-subtype city median
-13.3% year-over-year ZHVI growth in this area
LT net cashflow -$20,964/mo (-77.2% return on ownership cost) · STR net cashflow -$25,838/mo (-95.2% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
No price reduction from original list
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
$7,034/mo
Range: $4,834 – $9,234
Net Monthly Cash Flow
−$20,964 /mo (−$251,566/yr)
Monthly rental income
Monthly ownership cost
Coverage
26%
Net /mo
−$20,964
DSCR
0.32
Est. Annual Revenue
$22,556/yr
$398/night · 44% occupancy · $113/bedroom · $0.15/sqft
Net Monthly Cash Flow
−$25,838 /mo (−$310,058/yr)
Monthly STR income
Monthly ownership cost
Coverage
7%
Net /mo
−$25,838
DSCR
0.07
Elementary
South SummitMiddle School
South SummitHigh School
South SummitSchool District
South Summit
Best Download
1 Gbps
Best Upload
1 Gbps
Fiber Available
Yes
Providers
6
Available Providers
$1,900,000
+103% vs median
82 days
538
$24,900 – $55,000,000
$19,347
$2,700/quarterly
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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