2015 PROSPECTOR, Park City, UT 84060
—BD/—BA Residential in Park City, UT 84060. 295 sqft. Built 1978. Listed at $248,000. MLS #2128392.
—BD/—BA Residential in Park City, UT 84060. 295 sqft. Built 1978. Listed at $248,000. MLS #2128392.
Located in the heart of Park City's popular Prospector Square, this inviting studio offers a great opportunity for both personal use and investment. Thoughtfully updated and efficiently laid out, the space feels open, bright, and welcoming from the moment you step inside. The unit sleeps up to three with a queen bed and a convenient fold-out twin. The kitchen is equipped with modern appliances, contemporary cabinetry, and generous workspace. The bathroom features updated finishes and a clean, modern design. An added bonus is the A/C mini-split that provides your cool down after a long day of downhill mountain biking at nearby Park City Mountain Resort or Deer Valley. Residents and guests enjoy access to community amenities, including a seasonal pool, outdoor fire pit, and shared laundry facilities. The location is hard to beat, with an easy walk to Main Street via the Rail Trail and City Park, plus quick access to nearby hiking and biking trails. Prospector Square also offers a wide variety of dining options just steps away, making it easy to enjoy everything Park City has to offer. Short-term rentals are permitted, offering strong income potential in one of Park City's most consistent rental markets. Whether you're looking for a low-maintenance mountain retreat or a proven investment property, this Prospector Square studio delivers convenience, comfort, and opportunity in a prime location.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
County
Summit
Zoning
Multi-Family, Short Term Rental Allowed
Construction
Cedar
Lot Size
0.01 sq ft
Above Grade Area
295 sq ft
Condition
Blt./Standing
MLS #
2128392
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
County
Summit
Zoning
Multi-Family, Short Term Rental Allowed
Construction
Cedar
Lot Size
0.01 sq ft
Above Grade Area
295 sq ft
Condition
Blt./Standing
MLS #
2128392
List Price
$248,000
Original Price
$250,000
HOA Fees
$530 / Monthly
Annual Taxes
$1,268
Home Warranty
No
List Price
$248,000
Original Price
$250,000
HOA Fees
$530 / Monthly
Annual Taxes
$1,268
Home Warranty
No
Heating
Gas: Radiant,Heat Pump
Cooling
Heat Pump
Roof
Asphalt
Flooring
Tile
Basement
None
Materials
Cedar
Appliances
Microwave,Refrigerator
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Gas: Radiant,Heat Pump
Cooling
Heat Pump
Roof
Asphalt
Flooring
Tile
Basement
None
Materials
Cedar
Appliances
Microwave,Refrigerator
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Covered Spaces
0
Total Parking
1
Covered Spaces
0
Total Parking
1
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
85/100
vs Similar Homes
20% below
vs Market Median
4% below
Price Reduced
0.8%
Area Growth (YoY)
-2.2%
Deal Score Breakdown
85/100 · 1 qualifying signal
Priced 20% below the median of similar listings
Priced 4% below the per-subtype city median
1% price reduction from original list — seller may be motivated
-2.2% year-over-year ZHVI growth in this area
LT net cashflow -$871/mo (-39.2% return on ownership cost) · STR net cashflow -$1,429/mo (-64.3% 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
$1,536/mo
Range: $848 – $2,225
Net Monthly Cash Flow
−$871 /mo (−$10,452/yr)
Monthly rental income
Monthly ownership cost
Coverage
69%
Net /mo
−$871
DSCR
1.08
Est. Annual Revenue
$13,617/yr
$668/night · 38% occupancy · $241/bedroom · $1.01/sqft
Net Monthly Cash Flow
−$1,430 /mo (−$17,163/yr)
Monthly STR income
Monthly ownership cost
Coverage
51%
Net /mo
−$1,429
DSCR
0.63
Best Download
2 Gbps
Best Upload
1 Gbps
Fiber Available
Yes
Providers
10
Available Providers
$1,900,000
-87% vs median
82 days
549
$24,900 – $55,000,000
$1,268
$530/monthly
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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