Question 1

What is the asking price for 487 ONTARIO, Park City?

Accepted Answer

487 ONTARIO, Park City is listed at $3,650,000 ($1578/sqft).  Current status: Canceled.

Question 2

How many bedrooms and bathrooms does 487 ONTARIO, Park City have?

Accepted Answer

This Residential features 3 bedrooms, 4 bathrooms, 2,313 square feet of living space. It is a 4-story home. The lot is 0.04 acres.

Question 3

When was 487 ONTARIO, Park City built?

Accepted Answer

This property was built in 1997, making it 29 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 487 ONTARIO, Park City?

Accepted Answer

487 ONTARIO, Park City is a Residential (Single Family Residence). The architectural style is Tri/Multi-Level. It is located in the OLD TOWN subdivision. Zoning: Single-Family, Short Term Rental Allowed.

Question 5

Does 487 ONTARIO, Park City have a garage or parking?

Accepted Answer

Yes, this property includes a 1-car garage and 2 open parking spaces. Total parking capacity: 3 vehicles.

Question 6

Is there an HOA for 487 ONTARIO, Park City?

Accepted Answer

No, this property is not part of a homeowners association, which means no monthly HOA fees. Homeowners maintain full control over their property without HOA restrictions or assessments.

Question 7

What are the property taxes for 487 ONTARIO, Park City?

Accepted Answer

Annual property taxes for this property are approximately $21,388 (about $1,782/month). This represents an effective tax rate of approximately 0.59% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 487 ONTARIO, Park City?

Accepted Answer

Interior features include: Bar: Dry, Bath: Primary, Bath: Sep. Tub/Shower, Closet: Walk-In, Disposal. Exterior features include: Basement Entrance, Deck; Covered, Entry (Foyer), Lighting, Patio: Covered. The home has 1 fireplace.   View: Mountain(s),Valley.

Question 9

How long has 487 ONTARIO, Park City been on the market?

Accepted Answer

This property has been listed for 57 days. The average days on market in Park City is 95 days, meaning this listing is moving faster than the local average.

Question 10

What schools serve 487 ONTARIO, Park City?

Accepted Answer

Assigned schools: Elementary: McPolin; Middle: Treasure Mt; High: Park City.   School district: Park City.

Question 11

What high school is near 487 ONTARIO, 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 12

What elementary school is near 487 ONTARIO, 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 13

What middle school is near 487 ONTARIO, Park City?

Accepted Answer

The nearest middle school is Treasure Mt.

Question 14

How does this listing compare to the Park City market?

Accepted Answer

487 ONTARIO, Park City is listed at $3,650,000, which is above the Park City median of $1,999,999 by $1,650,001. 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 15

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 $3,650,000 is above the Park City 2026 median.

Question 16

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 17

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 18

How does this price compare to the Utah state average?

Accepted Answer

At $3,650,000, this property is above the Utah state median of $510,000 by $3,140,000. 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 19

What heating and cooling systems does 487 ONTARIO, Park City have?

Accepted Answer

Heating: Gas: Radiant,Radiant Floor. Cooling: Central Air. 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 20

What type of roof does 487 ONTARIO, Park City have?

Accepted Answer

The roof material is Metal. Metal roofs are highly durable and can last 40-70 years with minimal maintenance. With a 29-year-old home, reviewing recent roof inspections is recommended.

Question 21

Does 487 ONTARIO, Park City have a basement?

Accepted Answer

Yes, the basement is described as: Walk-Out Access. 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 22

What is 487 ONTARIO, 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 23

What type of flooring does 487 ONTARIO, Park City have?

Accepted Answer

Flooring types include: Hardwood,Tile. Hardwood floors are a premium feature that adds lasting value and can be refinished multiple times. Tile flooring is durable and ideal for high-traffic areas and bathrooms.

Question 24

What are the water and sewer connections for 487 ONTARIO, 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 25

What is the commute like from 487 ONTARIO, Park City?

Accepted Answer

487 ONTARIO, 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 26

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 27

What would homeowner's insurance cost for 487 ONTARIO, 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 $3,650,000, expect approximately $10,950-$18,250/year ($913-$1,521/month).   Get multiple quotes — rates vary significantly by insurer.

Question 28

What are the estimated closing costs for 487 ONTARIO, Park City?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $3,650,000, expect approximately $73,000-$182,500 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 29

How does the property tax compare to the list price at 487 ONTARIO, Park City?

Accepted Answer

The annual property tax of $21,388 represents an effective rate of 0.59% relative to the list price of $3,650,000. This is near the Utah average effective rate of approximately 0.58%. Property taxes in Utah are assessed by the county and can change when the property is sold.

Question 30

Is 487 ONTARIO, Park City eligible for FHA or VA financing?

Accepted Answer

At $3,650,000, 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 31

Could 487 ONTARIO, Park City be a 1031 exchange property?

Accepted Answer

Yes, 487 ONTARIO, 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 32

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 33

What school district is 487 ONTARIO, 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 34

Is 487 ONTARIO, Park City move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 35

What updates might 487 ONTARIO, Park City need?

Accepted Answer

At 29 years old, common updates to consider include: roof replacement (if original), HVAC system update, water heater replacement. Current roof: Metal. Current heating: Gas: Radiant,Radiant Floor. 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 36

Does 487 ONTARIO, 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 37

What is the lot like at 487 ONTARIO, Park City?

Accepted Answer

The lot is 0.04 acres. Lot features: Road: Paved,Terrain: Steep Slope,View: Mountain,View: Valley. Terrain: Road: Paved, Terrain: Steep Slope, View: Mountain, View: Valley. Views: Mountain(s),Valley.  Lot characteristics affect usability, privacy, and future improvement potential.

Question 38

What utilities are available at 487 ONTARIO, Park City?

Accepted Answer

Available utilities include: Natural Gas Connected,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.

Question 39

Does 487 ONTARIO, Park City have natural gas?

Accepted Answer

Yes, this property has natural gas service — the heating system is listed as: Gas: Radiant,Radiant Floor. Natural gas is the most common and cost-effective heating fuel in Utah, typically 30-50% less expensive than electric heating. The cooling system (Central Air) operates separately. Natural gas availability also supports gas ranges, water heaters, and fireplaces.

487 ONTARIO, Park City, UT 84060

487 ONTARIO AVE, Park City, UT 84060

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