2431 HIGH MOUNTAIN, Park City, UT 84098
4BD/—BA Residential in Park City, UT 84098. 2,196 sqft. Built 2019. Listed at $3,800,000. MLS #2127451.
4BD/—BA Residential in Park City, UT 84098. 2,196 sqft. Built 2019. Listed at $3,800,000. MLS #2127451.
Discover ideal ski resort living in this 4-bedroom, single-level contemporary ski-in/ski-out residence at Lift Condominiums, positioned in the heart of Canyons Village. Located immediately next to the new high-speed Sunrise Gondola, this condo provides seamless access to Park City Mountain Resort and the mid-mountain Red Pine Lodge. Designed for flexibility and income potential, the smart floor plan features a lock-out configuration as a full 4-bedroom, a 3-bedroom plus one-bedroom suite, or a standalone one-bedroom. Nightly rentals are permitted, and the residence boasts an excellent rental history, available upon request. Situated on the pool level, the condo has an oversized private patio with easy access to the pool and hot tub for aprs-ski relaxation. Contemporary styling, oversized windows, and abundant natural light frame mountain views. Spacious bedrooms and equally generous bathrooms enhance comfort, and the home is fully ADA accessible, expanding both personal use and rental appeal. The residence is sold fully furnished for true turn-key ownership. HOA dues include all utilities, creating easy, predictable ownership. Building amenities include a ski storage and ski prep room located less than 50 steps from the gondola, fitness center, sauna, large pool and deck, outdoor hot tub, clubhouse with games and entertainment space, kids' playroom, and a conference room. Owner storage is provided both in-residence and in the ski prep room. Across the courtyard, the Pendry Hotel offers elevated dining and aprs options, while additional restaurants and bars are just steps away. Vail Resorts manages the on-site front desk and offers optional rental management services. One reserved parking space in the heated subterranean garage is included for owner or guest use. This is a rare opportunity for luxurious, flexible, and income-producing ownership in one of Park City's most sought-after ski destinations. Square footage source is builder floor plans, buyer to verify.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; High Rise
Stories
1
Subdivision
LIFT CONDOS
County
Summit
Zoning
Short Term Rental Allowed
Lot Size
0.05 sq ft
Above Grade Area
2,196 sq ft
Condition
Blt./Standing
MLS #
2127451
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; High Rise
Stories
1
Subdivision
LIFT CONDOS
County
Summit
Zoning
Short Term Rental Allowed
Lot Size
0.05 sq ft
Above Grade Area
2,196 sq ft
Condition
Blt./Standing
MLS #
2127451
List Price
$3,800,000
Original Price
$3,900,000
HOA Fees
$8,506 / Quarterly
Annual Taxes
$16,467
Home Warranty
No
List Price
$3,800,000
Original Price
$3,900,000
HOA Fees
$8,506 / Quarterly
Annual Taxes
$16,467
Home Warranty
No
Heating
Forced Air
Cooling
Central Air
Flooring
Carpet,Hardwood,Tile
Basement
None
Appliances
Dryer,Freezer,Microwave,Range Hood,Washer
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Heating
Forced Air
Cooling
Central Air
Flooring
Carpet,Hardwood,Tile
Basement
None
Appliances
Dryer,Freezer,Microwave,Range Hood,Washer
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Garage Spaces
1
Covered Spaces
1
Total Parking
1
Garage Spaces
1
Covered Spaces
1
Total Parking
1
Why this is a deal
Classification
Great Deal (vs Market)
Deal Score
82/100
vs Similar Homes
42% above
vs Market Median
17% below
Price Reduced
2.6%
Area Growth (YoY)
-3.5%
Deal Score Breakdown
82/100 · 1 qualifying signal
Priced 17% below the per-subtype city median
3% price reduction from original list — seller may be motivated
Priced 42% above the median of similar listings
-3.5% year-over-year ZHVI growth in this area
LT net cashflow -$20,585/mo (-72.2% return on ownership cost) · STR net cashflow -$26,079/mo (-91.4% 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
$9,027/mo
Range: $7,625 – $10,430
Net Monthly Cash Flow
−$20,585 /mo (−$247,021/yr)
Monthly rental income
Monthly ownership cost
Coverage
32%
Net /mo
−$20,585
DSCR
0.41
Est. Annual Revenue
$42,010/yr
$397/night · 39% occupancy · $132/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$26,078 /mo (−$312,939/yr)
Monthly STR income
Monthly ownership cost
Coverage
12%
Net /mo
−$26,079
DSCR
0.13
Best Download
2 Gbps
Best Upload
1 Gbps
Fiber Available
Yes
Providers
10
Available Providers
$1,900,000
+100% vs median
82 days
538
$24,900 – $55,000,000
$16,467
$8,506/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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