Question 1

What is the asking price for 704 CANYON GATE, Park City?

Accepted Answer

704 CANYON GATE, Park City is listed at $895,000. The original list price was $995,000, representing a reduction of $100,000. Current status: Pending.

Question 2

What type of property is 704 CANYON GATE, Park City?

Accepted Answer

704 CANYON GATE, Park City is a Land (Residential).  It is located in the NORTHGATE CANYON subdivision. Zoning: Single-Family.

Question 3

Is there an HOA for 704 CANYON GATE, Park City?

Accepted Answer

Yes, this property is part of a homeowners association. HOA fees are $500 monthly. HOA fees typically cover shared amenities, landscaping, and community maintenance.

Question 4

What are the property taxes for 704 CANYON GATE, Park City?

Accepted Answer

Annual property taxes for this property are approximately $2,646 (about $221/month). This represents an effective tax rate of approximately 0.30% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 5

How long has 704 CANYON GATE, Park City been on the market?

Accepted Answer

This property has been listed for 20 days. The average days on market in Park City is 75 days, meaning this listing is moving faster than the local average.

Question 6

What schools serve 704 CANYON GATE, Park City?

Accepted Answer

Assigned schools: Elementary: South Summit; Middle: South Summit; High: South Summit.   School district: South Summit.

Question 7

What high school is near 704 CANYON GATE, Park City?

Accepted Answer

The nearest high school is South Summit. View the full school profile on Propaired for test scores, enrollment, and student-to-teacher ratios.

Question 8

What elementary school is near 704 CANYON GATE, Park City?

Accepted Answer

The nearest elementary school is South Summit. Propaired provides full school ratings and comparison data for all schools in this area.

Question 9

What middle school is near 704 CANYON GATE, Park City?

Accepted Answer

The nearest middle school is South Summit.

Question 10

How does this listing compare to the Park City market?

Accepted Answer

704 CANYON GATE, Park City is listed at $895,000, which is below the Park City median of $1,875,000 by $980,000. There are currently 640 active listings in Park City. Homes in Park City sell in an average of 75 days. The average sale-to-list ratio is 97.2%.

Question 11

What is the Park City real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Park City is $1,875,000. There are currently 640 active listings. Homes sell in an average of 75 days. The average sale-to-list ratio is 97.2%. This listing at $895,000 is below the Park City 2026 median.

Question 12

Are there other homes for sale in Park City?

Accepted Answer

Yes — there are currently 640 active listings in Park City. Browse all Park City homes for sale at propaired.ai/listings/ut/park-city. Prices range around a median of $1,875,000. Homes in Park City are selling in about 75 days on average.

Question 13

What is the Park City neighborhood like?

Accepted Answer

World-class ski resort town. Upscale, excellent schools, second homes, Olympics heritage, outdoor recreation paradise. Higher cost of living. Park City is known for: ski-access, upscale, outdoor-recreation, resort-town. Population: approximately 8,000. Explore the full Park City market data and community guide on Propaired.

Question 14

How does this price compare to the Utah state average?

Accepted Answer

At $895,000, this property is above the Utah state median of $525,000 by $370,000. Park City prices are 257% above the state average. Utah's housing market varies significantly by region — front-range cities near SLC are typically more expensive than rural areas.

Question 15

What are the water and sewer connections for 704 CANYON GATE, Park City?

Accepted Answer

Sewer: Sewer: Available.   Water is a critical consideration in Utah's arid climate.

Question 16

What is the commute like from 704 CANYON GATE, Park City?

Accepted Answer

704 CANYON GATE, Park City is located in Park City, in the Wasatch Front region of Utah. With a population of approximately 8,000, Park City has good transportation access. Commute times vary by destination — most Wasatch Front cities are within 30-60 minutes of downtown Salt Lake City via I-15. Consider rush-hour traffic patterns when evaluating this location.

Question 17

What is the Park City community like?

Accepted Answer

Park City is known for: ski-access, upscale, outdoor-recreation, resort-town, excellent-schools. The city has approximately 8,000 residents. The median home price in Park City is $2,500,000. Explore the full Park City community profile on Propaired for detailed neighborhood insights.

Question 18

What would homeowner's insurance cost for 704 CANYON GATE, Park City?

Accepted Answer

Homeowner's insurance in Utah typically ranges from 0.3% to 0.5% of the home's value annually. For a home listed at $895,000, expect approximately $2,685-$4,475/year ($224-$373/month).   Get multiple quotes — rates vary significantly by insurer.

Question 19

What are the estimated closing costs for 704 CANYON GATE, Park City?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $895,000, expect approximately $17,900-$44,750 in closing costs. This includes title insurance, escrow fees, lender fees, recording fees, and prepaid items (insurance, taxes). Buyers should also budget for a home inspection ($300-$500), appraisal ($400-$600), and any lender-required reserves.

Question 20

How does the property tax compare to the list price at 704 CANYON GATE, Park City?

Accepted Answer

The annual property tax of $2,646 represents an effective rate of 0.30% relative to the list price of $895,000. This is below the Utah average effective rate of approximately 0.58%, which is favorable for the buyer. Property taxes in Utah are assessed by the county and can change when the property is sold.

Question 21

Is 704 CANYON GATE, Park City eligible for FHA or VA financing?

Accepted Answer

At $895,000, this property may exceed standard FHA loan limits and could require a conventional or jumbo loan. VA loans have no price cap but require VA eligibility.    Consult a mortgage lender for personalized eligibility.

Question 22

Could 704 CANYON GATE, Park City be a 1031 exchange property?

Accepted Answer

Yes, 704 CANYON GATE, Park City could potentially qualify for a 1031 like-kind exchange if used as an investment or business property. A 1031 exchange allows deferral of capital gains taxes by reinvesting proceeds from one investment property into another. Key requirements include identifying a replacement property within 45 days and closing within 180 days. The property must be held for investment purposes — personal residences do not qualify. Consult a qualified intermediary and tax advisor for specific guidance.

Question 23

What is the price trend in Park City?

Accepted Answer

Park City's median price has increased 14.7% month-over-month. Current median: $1,875,000. Days on market have decreased by 22.8% month-over-month. Homes are selling at 97.2% of list price on average. Monitor these trends to time your offer strategically.

Question 24

What school district is 704 CANYON GATE, Park City in?

Accepted Answer

This property is in the South Summit school district. Assigned elementary: South Summit. Assigned middle: South Summit. Assigned high: South Summit. School district boundaries can affect property values by 5-15%. Contact the district directly to confirm current enrollment boundaries, as they may change.

Question 25

Is 704 CANYON GATE, Park City move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 26

Does 704 CANYON GATE, Park City come with a home warranty?

Accepted Answer

No home warranty is currently included with this property. Buyers can request a home warranty as part of the purchase negotiation — they typically cost $400-$700/year and cover major systems and appliances. This is especially valuable for older homes.

Question 27

What is the lot like at 704 CANYON GATE, Park City?

Accepted Answer

The lot is 1.01 acres. Lot features: Curb & Gutter,Terrain: Grad Slope,Terrain: Mountain,View: Mountain. Terrain: Terrain: Grad Slope, Terrain: Mountain.   Lot characteristics affect usability, privacy, and future improvement potential.

Question 28

What utilities are available at 704 CANYON GATE, Park City?

Accepted Answer

Available utilities include: Natural Gas Available,Electricity Available,Sewer Available.  Sewer: Sewer: Available. Utility costs in Utah vary by season — expect higher heating bills in winter and cooling costs in summer. Contact local utility providers for average monthly cost estimates for this address.

704 CANYON GATE, Park City, UT 84098

704 E CANYON GATE RD, Park City, UT 84098

About This Property

Property Info

Financial

Structure & Systems

Parking

All Property Details

Property Info

Financial

Lot & Land

Parking

Amenities

Utilities

Schools

Timeline

Park City Market Context

Crime & Safety

Park City compared to:

vs National Average (FBI UCR 2024)

Find Your Dream Home

Frequently Asked Questions

Discover