2669 CANYONS RESORT, Park City, UT 84098
—BD/—BA Residential in Park City, UT 84098. 590 sqft. Built 2007. Listed at $495,000. MLS #2087822.
—BD/—BA Residential in Park City, UT 84098. 590 sqft. Built 2007. Listed at $495,000. MLS #2087822.
Welcome to Silverado Lodge in the heart of Canyons Village, a beautifully appointed 1-bedroom mountain retreat offering comfort, convenience, and year-round adventure in one of Park City's most desirable resort locations. This inviting condo blends mountain charm with modern finishes, featuring a spacious living area with fireplace, a fully equipped kitchen with granite countertops and stainless steel appliances, and a private balcony showcasing mountain and ski run views. The tranquil bedroom provides a relaxing escape after a day on the slopes, hiking trails, or exploring Historic Main Street. Silverado Lodge offers outstanding amenities including a heated outdoor pool and hot tub, fitness center, sauna and steam room, game room, underground parking, ski storage, complimentary Wi-Fi, and 24-hour front desk service. Ideally positioned near the Silverado Lift, Red Pine Gondola, Orange Bubble Express, and the shops and restaurants of Canyons Village, the property provides exceptional access to Park City's world-class skiing, dining, golf, and recreation. Complimentary shuttle services including Canyons Connect and Park City Transit make getting around effortless. Major recent updates add to the appeal and long-term upside of this opportunity. The HOA assessment situation has now been settled, with the seller paying the assessment and the final impact coming in far lower than originally anticipated. In addition, construction has officially begun on the new 10-person gondola with a planned stop at Silverado, creating true ski-in/ski-out access and further enhancing long-term value and desirability. Seller is also offering a 2-1 rate buydown for qualified buyers, helping reduce monthly payments during the first two years of ownership. Ideal as a mountain getaway, investment property, or full-time residence, Silverado Lodge offers a compelling opportunity to get ahead of the area's continued growth and long-term appreciation in Canyons Village.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
SILVERADO LODGE CONDOMINIUM
County
Summit
Lot Size
0.01 sq ft
Above Grade Area
590 sq ft
Condition
Blt./Standing
MLS #
2087822
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
SILVERADO LODGE CONDOMINIUM
County
Summit
Lot Size
0.01 sq ft
Above Grade Area
590 sq ft
Condition
Blt./Standing
MLS #
2087822
List Price
$495,000
Original Price
$515,000
HOA Fees
$2,872 / Quarterly
Annual Taxes
$2,608
Home Warranty
No
List Price
$495,000
Original Price
$515,000
HOA Fees
$2,872 / Quarterly
Annual Taxes
$2,608
Home Warranty
No
Heating
Forced Air
Cooling
Central Air
Flooring
Carpet,Tile
Laundry
Gas Dryer Hookup
Patio & Porch
Covered
Heating
Forced Air
Cooling
Central Air
Flooring
Carpet,Tile
Laundry
Gas Dryer Hookup
Patio & Porch
Covered
Garage Spaces
1
Covered Spaces
1
Total Parking
1
Garage Spaces
1
Covered Spaces
1
Total Parking
1
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
100/100
vs Similar Homes
32% below
vs Market Median
13% above
Price Reduced
3.9%
Area Growth (YoY)
-3.5%
Deal Score Breakdown
100/100 · 1 qualifying signal
Priced 32% below the median of similar listings
4% price reduction from original list — seller may be motivated
Priced 13% above the per-subtype city median
-3.5% year-over-year ZHVI growth in this area
LT net cashflow -$2,285/mo (-52.6% return on ownership cost) · STR net cashflow -$3,571/mo (-82.2% 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
$2,339/mo
Range: $1,920 – $2,758
Net Monthly Cash Flow
−$2,285 /mo (−$27,418/yr)
Monthly rental income
Monthly ownership cost
Coverage
54%
Net /mo
−$2,285
DSCR
0.82
Est. Annual Revenue
$13,234/yr
$397/night · 39% occupancy · $132/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$3,570 /mo (−$42,840/yr)
Monthly STR income
Monthly ownership cost
Coverage
25%
Net /mo
−$3,571
DSCR
0.31
Best Download
2 Gbps
Best Upload
1 Gbps
Fiber Available
Yes
Providers
10
Available Providers
$1,900,000
-74% vs median
82 days
538
$24,900 – $55,000,000
$2,608
$2,872/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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