2943 HILLS RIDGE, Park City, UT 84098
4BD/—BA Residential in Park City, UT 84098. 4,632 sqft. Built 2027. Listed at $4,844,000. MLS #2113320.
4BD/—BA Residential in Park City, UT 84098. 4,632 sqft. Built 2027. Listed at $4,844,000. MLS #2113320.
Welcome to Sage Hills Estates! Nestled in the foothills of The Hills, Promontory's new par 3 18-hole golf course surrounded by majestic mountain views, this neighborhood offers 42 homesites with never-before-seen floorplans designed by Solim Gasparik of 4C Design Group. These beautiful new plans built by Promontory Homes range from four to six bedrooms (3,626 to 6,673 square feet) and include a comprehensive buyer selection process in our Design Center to customize selections, finishes and design elements for the perfect dream home - without the hassle of a full custom design process. At Sage Hills Estates, you can experience an exquisite lifestyle that few have access to. Live life to its fullest with all the amenities offered within Promontory, while also being seconds from the Equestrian gate and best access to Park City. All homesites available with a Full Membership offering.
Property Type
Residential
Property Style
Single Family Residence
Subdivision
SAGE HILLS ESTATES
County
Summit
Zoning
Single-Family, Short Term Rental Allowed
Construction
Stone,Other
Lot Size
0.62 sq ft
MLS #
2113320
Property Type
Residential
Property Style
Single Family Residence
Subdivision
SAGE HILLS ESTATES
County
Summit
Zoning
Single-Family, Short Term Rental Allowed
Construction
Stone,Other
Lot Size
0.62 sq ft
MLS #
2113320
List Price
$4,844,000
Original Price
$4,794,000
HOA Fees
$1,500 / Monthly
Annual Taxes
$8,831
Home Warranty
No
List Price
$4,844,000
Original Price
$4,794,000
HOA Fees
$1,500 / Monthly
Annual Taxes
$8,831
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Metal
Basement
Daylight,Walk-Out Access
Materials
Stone,Other
Appliances
Microwave,Range Hood,Refrigerator
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Metal
Basement
Daylight,Walk-Out Access
Materials
Stone,Other
Appliances
Microwave,Range Hood,Refrigerator
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Garage Spaces
3
Covered Spaces
3
Total Parking
3
Garage Spaces
3
Covered Spaces
3
Total Parking
3
Classification
Standard
Deal Score
50/100
vs Similar Homes
1% below
vs Market Median
11% above
Area Growth (YoY)
-2.5%
Deal Score Breakdown
50/100
Priced 1% below the median of similar listings
Priced 11% above the per-subtype city median
-2.5% year-over-year ZHVI growth in this area
LT net cashflow -$21,685/mo (-65.2% return on ownership cost) · STR net cashflow -$31,249/mo (-94.0% 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
$13,130/mo
Range: $9,024 – $17,237
Net Monthly Cash Flow
−$21,685 /mo (−$260,226/yr)
Monthly rental income
Monthly ownership cost
Coverage
40%
Net /mo
−$21,685
DSCR
0.47
Est. Annual Revenue
$34,128/yr
$398/night · 44% occupancy · $113/bedroom · $0.15/sqft
Net Monthly Cash Flow
−$31,249 /mo (−$374,994/yr)
Monthly STR income
Monthly ownership cost
Coverage
9%
Net /mo
−$31,249
DSCR
0.08
Elementary
South SummitMiddle School
South SummitHigh School
South SummitSchool District
South Summit
Best Download
1 Gbps
Best Upload
1 Gbps
Fiber Available
Yes
Providers
9
Available Providers
$1,900,000
+155% vs median
82 days
538
$24,900 – $55,000,000
$8,831
$1,500/monthly
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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