421 ONTARIO, Park City, UT 84060
2BD/—BA Residential in Park City, UT 84060. 1,695 sqft. Built 1955. Listed at $2,299,000. MLS #2120059.
2BD/—BA Residential in Park City, UT 84060. 1,695 sqft. Built 1955. Listed at $2,299,000. MLS #2120059.
421 Ontario Ave in Park City is a beautifully remodeled home, updated in 2023, offering the perfect blend of modern living and Old Town charm. This two-bedroom, three-bathroom home is bathed in natural light, thanks to large windows that showcase incredible views of Park City and Old Town. The open-concept living area features a cozy gas-burning fireplace, creating a welcoming atmosphere. The sleek kitchen is ideal for both everyday meals and entertaining. With three thoughtfully designed bathrooms, the home provides ample space for comfort and convenience. Enjoy the outdoors from two spacious decks, or relax in the hot tub, a perfect spot to unwind after a day of skiing or exploring. The property comes fully furnished and includes two uncovered parking spots right out front. Just a short distance to Main Street, you'll be able to easily access the best dining, shopping, and nightlife Park City has to offer, making this the perfect base for enjoying all that this vibrant town provides.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
A-Frame
Stories
3
Subdivision
PARK CITY
County
Summit
Zoning
Single-Family
Construction
Other
Lot Size
0.08 sq ft
Above Grade Area
1,070 sq ft
Condition
Blt./Standing
MLS #
2120059
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
A-Frame
Stories
3
Subdivision
PARK CITY
County
Summit
Zoning
Single-Family
Construction
Other
Lot Size
0.08 sq ft
Above Grade Area
1,070 sq ft
Condition
Blt./Standing
MLS #
2120059
List Price
$2,299,000
Original Price
$2,399,000
Annual Taxes
$6,075
Home Warranty
No
List Price
$2,299,000
Original Price
$2,399,000
Annual Taxes
$6,075
Home Warranty
No
Heating
Forced Air,Gas: Central
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Full,Walk-Out Access
Materials
Other
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Heating
Forced Air,Gas: Central
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Full,Walk-Out Access
Materials
Other
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Covered Spaces
0
Total Parking
2
Covered Spaces
0
Total Parking
2
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
95/100
vs Similar Homes
28% below
vs Market Median
185% above
Price Reduced
4.2%
Area Growth (YoY)
-6.2%
Deal Score Breakdown
95/100 · 1 qualifying signal
Priced 28% below the median of similar listings
4% price reduction from original list — seller may be motivated
Priced 185% above the per-subtype city median
-6.2% year-over-year ZHVI growth in this area
LT net cashflow -$11,663/mo (-76.6% return on ownership cost) · STR net cashflow -$12,053/mo (-79.2% 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
$4,043/mo
Range: $2,848 – $5,238
Net Monthly Cash Flow
−$11,663 /mo (−$139,953/yr)
Monthly rental income
Monthly ownership cost
Coverage
27%
Net /mo
−$11,663
DSCR
0.31
Est. Annual Revenue
$54,311/yr
$668/night · 38% occupancy · $241/bedroom · $1.01/sqft
Net Monthly Cash Flow
−$12,053 /mo (−$144,634/yr)
Monthly STR income
Monthly ownership cost
Coverage
30%
Net /mo
−$12,053
DSCR
0.27
Best Download
2 Gbps
Best Upload
2 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$1,900,000
+21% vs median
82 days
549
$24,900 – $55,000,000
$6,075
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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Daryn Edmunds - High Road Properties

Devin Tanner - Utah Realtor

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