Question 1

What is the asking price for 1940 PROSPECTOR, Park City?

Accepted Answer

1940 PROSPECTOR, Park City is listed at $387,000 ($790/sqft). The original list price was $407,000, representing a reduction of $20,000. Current status: Active Under Contract.

Question 2

How many bedrooms and bathrooms does 1940 PROSPECTOR, Park City have?

Accepted Answer

This Residential features 1 bedroom, 1 bathroom, 490 square feet of living space. It is a 1-story home. The lot is 0.01 acres.

Question 3

When was 1940 PROSPECTOR, Park City built?

Accepted Answer

This property was built in 1988, making it 38 years old. Homes from this era often feature solid construction. Buyers should review the condition of the roof, HVAC, and plumbing.

Question 4

What type of property is 1940 PROSPECTOR, Park City?

Accepted Answer

1940 PROSPECTOR, Park City is a Residential (Condominium). The architectural style is Condo; Middle Level. It is located in the CARRIAGE HOUSE subdivision. Zoning: Short Term Rental Allowed.

Question 5

Does 1940 PROSPECTOR, Park City have a garage or parking?

Accepted Answer

Yes, this property includes 1 open parking space. Total parking capacity: 1 vehicles.

Question 6

Is there an HOA for 1940 PROSPECTOR, Park City?

Accepted Answer

Yes, this property is part of a homeowners association. HOA fees are $429. HOA fees typically cover shared amenities, landscaping, and community maintenance.

Question 7

What are the property taxes for 1940 PROSPECTOR, Park City?

Accepted Answer

Annual property taxes for this property are approximately $2,218 (about $185/month). This represents an effective tax rate of approximately 0.57% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 1940 PROSPECTOR, Park City?

Accepted Answer

Interior features include: Disposal, Range/Oven: Built-In, Granite Countertops. Exterior features include: Balcony, Secured Building. The home has 1 fireplace. Private pool included. Spa/hot tub included. View: Mountain(s).

Question 9

How long has 1940 PROSPECTOR, Park City been on the market?

Accepted Answer

This property has been listed for 93 days. The average days on market in Park City is 95 days, meaning this listing is moving faster than the local average. Extended time on market may present negotiation opportunities for buyers.

Question 10

Does 1940 PROSPECTOR, Park City have a pool?

Accepted Answer

Yes, this property includes a private pool. A hot tub/spa is also included. Utah summers can reach 100°F+, making a pool a valuable amenity. Consider seasonal maintenance costs of approximately $2,000-$4,000/year for a Utah pool.

Question 11

What schools serve 1940 PROSPECTOR, Park City?

Accepted Answer

Assigned schools: Elementary: McPolin; Middle: Treasure Mt; High: Park City. There are 1 schools within 3 miles of this property. The highest-rated nearby school is Park City High with a 64% state performance score (0.3 miles away). School district: Park City.

Question 12

What high school is near 1940 PROSPECTOR, Park City?

Accepted Answer

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

Question 13

What elementary school is near 1940 PROSPECTOR, Park City?

Accepted Answer

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

Question 14

What middle school is near 1940 PROSPECTOR, Park City?

Accepted Answer

The nearest middle school is Treasure Mt.

Question 15

How does this listing compare to the Park City market?

Accepted Answer

1940 PROSPECTOR, Park City is listed at $387,000, which is below the Park City median of $1,999,999 by $1,612,999. There are currently 466 active listings in Park City. Homes in Park City sell in an average of 95 days. The average sale-to-list ratio is 97.1%.

Question 16

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

Accepted Answer

In 2026, the median home price in Park City is $1,999,999. There are currently 466 active listings. Homes sell in an average of 95 days. The average sale-to-list ratio is 97.1%. This listing at $387,000 is below the Park City 2026 median.

Question 17

Are there other homes for sale in Park City?

Accepted Answer

Yes — there are currently 466 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 $1,999,999. Homes in Park City are selling in about 95 days on average.

Question 18

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 19

How does this price compare to the Utah state average?

Accepted Answer

At $387,000, this property is below the Utah state median of $510,000 by $123,000. Park City prices are 292% 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 20

What heating and cooling systems does 1940 PROSPECTOR, Park City have?

Accepted Answer

Heating: Electric. Cooling: Central Air,Natural Ventilation. Given the age of this home, it may be worth requesting a professional HVAC inspection to assess system efficiency and remaining lifespan. Utah's climate ranges from sub-zero winters to 100°F+ summers, making reliable heating and cooling essential.

Question 21

What type of roof does 1940 PROSPECTOR, Park City have?

Accepted Answer

The roof material is Asphalt,Tar/Gravel. Asphalt shingles typically last 20-30 years in Utah's climate. With a 38-year-old home, reviewing recent roof inspections is recommended.

Question 22

Does 1940 PROSPECTOR, Park City have a basement?

Accepted Answer

Yes, the basement is described as: None. Basements in Utah are common and add versatile living or storage space. Check for any signs of moisture or foundation issues during the home inspection.

Question 23

What is 1940 PROSPECTOR, Park City constructed from?

Accepted Answer

Construction materials include: Cement Siding,Metal Siding. The construction type affects long-term maintenance requirements and insurance costs.

Question 24

What type of flooring does 1940 PROSPECTOR, Park City have?

Accepted Answer

Flooring types include: Carpet,Travertine.   Carpeted areas provide warmth and comfort, especially in bedrooms.

Question 25

What are the water and sewer connections for 1940 PROSPECTOR, Park City?

Accepted Answer

Water source: Culinary. Sewer: Sewer: Connected,Sewer: Public.  Municipal sewer service means no septic maintenance costs. Water is a critical consideration in Utah's arid climate.

Question 26

What is the commute like from 1940 PROSPECTOR, Park City?

Accepted Answer

1940 PROSPECTOR, 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 27

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 28

What would homeowner's insurance cost for 1940 PROSPECTOR, 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 $387,000, expect approximately $1,161-$1,935/year ($97-$161/month).   Get multiple quotes — rates vary significantly by insurer.

Question 29

What are the estimated closing costs for 1940 PROSPECTOR, Park City?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $387,000, expect approximately $7,740-$19,350 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 30

How does the property tax compare to the list price at 1940 PROSPECTOR, Park City?

Accepted Answer

The annual property tax of $2,218 represents an effective rate of 0.57% relative to the list price of $387,000. 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 31

Is 1940 PROSPECTOR, Park City eligible for FHA or VA financing?

Accepted Answer

At $387,000, this property is likely within FHA loan limits for most Utah counties. VA loans have no price cap but require VA eligibility.    Consult a mortgage lender for personalized eligibility.

Question 32

Could 1940 PROSPECTOR, Park City be a 1031 exchange property?

Accepted Answer

Yes, 1940 PROSPECTOR, 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 33

What is the price trend in Park City?

Accepted Answer

Park City's median price has increased 14.5% month-over-month. Current median: $1,999,999. Days on market have increased by 13.1% month-over-month. Homes are selling at 97.1% of list price on average. Monitor these trends to time your offer strategically.

Question 34

What school district is 1940 PROSPECTOR, Park City in?

Accepted Answer

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

Question 35

Is 1940 PROSPECTOR, Park City move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 36

What updates might 1940 PROSPECTOR, Park City need?

Accepted Answer

At 38 years old, common updates to consider include: roof replacement (if original), HVAC system update, electrical panel upgrade, water heater replacement. Current roof: Asphalt,Tar/Gravel. Current heating: Electric. These are general guidelines based on typical component lifespans — the actual condition depends on maintenance history. Always get a professional inspection and ask the seller for maintenance records and any recent upgrades.

Question 37

Does 1940 PROSPECTOR, Park City come with a home warranty?

Accepted Answer

Yes, a home warranty is included with this property. Home warranties typically cover major systems (HVAC, plumbing, electrical) and appliances for one year, providing peace of mind for buyers. Review the warranty terms to understand coverage limits and deductibles.

Question 38

What is the lot like at 1940 PROSPECTOR, Park City?

Accepted Answer

The lot is 0.01 acres. Lot features: Curb & Gutter,Road: Paved,Sidewalks,View: Mountain. Terrain: Curb & Gutter, Road: Paved, Sidewalks, Terrain, Flat, View: Mountain. Views: Mountain(s).  Lot characteristics affect usability, privacy, and future improvement potential.

Question 39

What utilities are available at 1940 PROSPECTOR, Park City?

Accepted Answer

Available utilities include: Natural Gas Not Available,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected. Water source: Culinary. Sewer: Sewer: Connected,Sewer: Public. 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.

1940 PROSPECTOR, Park City, UT 84060

1940 PROSPECTOR AVE #216, Park City, UT 84060

About This Property

Features & Amenities

Property Info

Financial

Structure & Systems

Parking

Schools

All Property Details

Park City Market Context

Crime & Safety

Location

Similar Homes

$740,000

$825,000

$299,000

$349,500

$1,750,000

Find Your Dream Home

Frequently Asked Questions

Discover