2670 CANYONS RESORT, Park City, UT 84098
1BD/—BA Residential in Park City, UT 84098. 537 sqft. Built 2020. Listed at $499,000. MLS #2116896.
1BD/—BA Residential in Park City, UT 84098. 537 sqft. Built 2020. Listed at $499,000. MLS #2116896.
Rare opportunity to secure a low-interest assumable mortgage (~2.75%, subject to lender approval)-a standout advantage in today's market and a meaningful opportunity for long-term savings. Located in the heart of Canyons Village, this fully furnished residence offers effortless access to world-class skiing, golf, dining, and year-round adventure. Whether you're looking for a personal mountain retreat or an income-producing property, the combination of lifestyle and built-in financial advantage sets this offering apart. Inside, the home features a well-designed open layout with modern finishes, comfortable living space, and large windows that capture the surrounding mountain setting. Turnkey and ready to enjoy or rent, ownership here offers flexibility, convenience, and strong investment potential. Properties with assumable financing at this rate are increasingly rare-making this not just a purchase, but a strategic opportunity in Park City real estate.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Top Level
Stories
1
Subdivision
CANYON HAUS/YOTELPAD
County
Summit
Zoning
Short Term Rental Allowed
Construction
Cinder Block,Stone,Other
Lot Size
0.01 sq ft
Above Grade Area
537 sq ft
Condition
Blt./Standing
MLS #
2116896
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Top Level
Stories
1
Subdivision
CANYON HAUS/YOTELPAD
County
Summit
Zoning
Short Term Rental Allowed
Construction
Cinder Block,Stone,Other
Lot Size
0.01 sq ft
Above Grade Area
537 sq ft
Condition
Blt./Standing
MLS #
2116896
List Price
$499,000
Original Price
$595,000
HOA Fees
$2,070 / Quarterly
Annual Taxes
$3,706
Home Warranty
No
List Price
$499,000
Original Price
$595,000
HOA Fees
$2,070 / Quarterly
Annual Taxes
$3,706
Home Warranty
No
Heating
Forced Air
Cooling
Central Air
Roof
Flat
Flooring
Tile
Basement
None
Materials
Cinder Block,Stone,Other
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Forced Air
Cooling
Central Air
Roof
Flat
Flooring
Tile
Basement
None
Materials
Cinder Block,Stone,Other
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Covered Spaces
0
Total Parking
1
Covered Spaces
0
Total Parking
1
Why this is a deal
Classification
Standard
Deal Score
88/100
vs Similar Homes
22% above
vs Market Median
5% above
Price Reduced
16.1%
Area Growth (YoY)
-3.5%
Deal Score Breakdown
88/100 · 1 qualifying signal
16% price reduction from original list — seller may be motivated
Priced 5% above the per-subtype city median
Priced 22% above the median of similar listings
-3.5% year-over-year ZHVI growth in this area
LT net cashflow -$2,794/mo (-66.6% return on ownership cost) · STR net cashflow -$3,588/mo (-85.6% 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
$1,590/mo
Range: $1,305 – $1,874
Net Monthly Cash Flow
−$2,794 /mo (−$33,524/yr)
Monthly rental income
Monthly ownership cost
Coverage
38%
Net /mo
−$2,794
DSCR
0.55
Est. Annual Revenue
$10,359/yr
$397/night · 39% occupancy · $132/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$3,587 /mo (−$43,049/yr)
Monthly STR income
Monthly ownership cost
Coverage
21%
Net /mo
−$3,588
DSCR
0.24
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
$3,706
$2,070/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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