Question 1

What is the asking price for 1000 UPPER COVE, Park City?

Accepted Answer

1000 UPPER COVE, Park City is listed at $4,750,000 ($820/sqft).  This listing is currently active and available for showings.

Question 2

How many bedrooms and bathrooms does 1000 UPPER COVE, Park City have?

Accepted Answer

This Residential features 7 bedrooms, 6 bathrooms, 5,795 square feet of living space. It is a 3-story home. The lot is 10.38 acres.

Question 3

When was 1000 UPPER COVE, Park City built?

Accepted Answer

This property was built in 2023, making it 3 years old. As a newer construction, it likely features modern building codes, energy-efficient systems, and contemporary finishes.

Question 4

What type of property is 1000 UPPER COVE, Park City?

Accepted Answer

1000 UPPER COVE, Park City is a Residential (Single Family Residence). The architectural style is Rambler/Ranch. It is located in the STAGECOACH ESTATES subdivision. Zoning: Single-Family.

Question 5

Does 1000 UPPER COVE, Park City have a garage or parking?

Accepted Answer

Yes, this property includes a 8-car garage. Total parking capacity: 8 vehicles.

Question 6

Is there an HOA for 1000 UPPER COVE, Park City?

Accepted Answer

Yes, this property is part of a homeowners association. HOA fees are $1,100 annually. HOA fees typically cover shared amenities, landscaping, and community maintenance.

Question 7

What are the property taxes for 1000 UPPER COVE, Park City?

Accepted Answer

Annual property taxes for this property are approximately $9,390 (about $783/month). This represents an effective tax rate of approximately 0.20% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 1000 UPPER COVE, Park City?

Accepted Answer

Interior features include: Accessory Apt, Alarm: Fire, Basement Apartment, Closet: Walk-In, Den/Office. Exterior features include: Basement Entrance, Deck; Covered, Double Pane Windows, Horse Property, Out Buildings. The home has 2 fireplaces.   View: Mountain(s).

Question 9

Is 1000 UPPER COVE, Park City a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Standard" with a deal score of 25/100. The price is 108% above similar homes in the area. This analysis considers price relative to comparables, days on market, price reductions, and market conditions.

Question 10

How does this price compare to similar homes in Park City?

Accepted Answer

The median price for similar properties in the area is $2,287,500 (based on 8 homes). At $4,750,000, this listing is 108% above the median for comparable homes. It ranks #Premium among similar listings by value.

Question 11

What would the monthly mortgage payment be for 1000 UPPER COVE, Park City?

Accepted Answer

At the current 30-year mortgage rate of 6.43% with 20% down, the estimated monthly principal and interest payment is $23,844. Including estimated taxes and HOA fees, the total monthly cost is approximately $25,727. A 15-year mortgage at 5.79% would be $31,637/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 12

How long has 1000 UPPER COVE, Park City been on the market?

Accepted Answer

This property has been listed for 0 days. The average days on market in Park City is 77 days, meaning this listing is moving faster than the local average. This is a fresh listing — act quickly if interested.

Question 13

Is 1000 UPPER COVE, Park City a good investment property?

Accepted Answer

Based on market rental data, this property has an estimated annual rent of $182,748 with a gross rental yield of 3.9%. Net rental yield (after estimated expenses): 2.5%.  Estimated debt service coverage ratio (DSCR): 0.56. Investor score: 24/100. These are estimates based on area comparables.

Question 14

What is the estimated rental income for 1000 UPPER COVE, Park City?

Accepted Answer

Based on area comparables, the estimated monthly rent for this property is $15,229 ($182,748/year). The gross rent multiplier is 26.0x (lower is generally better for investors). Actual rental income will depend on property condition, local demand, and management approach.

Question 15

What lifestyle features does 1000 UPPER COVE, Park City offer?

Accepted Answer

Propaired's AI has identified 7 lifestyle features for this property: ADU/Multigenerational, Equestrian, Luxury Estate, Green/Sustainable, Scenic Views, Hot Tub/Spa, Large Acreage. The primary lifestyle niche is "equestrian." These tags are derived from MLS data, property features, and location analysis.

Question 16

Is 1000 UPPER COVE, Park City suitable for horses?

Accepted Answer

Yes, this property is tagged as equestrian-friendly. The MLS listing confirms horse keeping is permitted. The 10.38-acre lot provides space for pasture and facilities. Check with the local municipality for any animal keeping permits required.

Question 17

What makes 1000 UPPER COVE, Park City a luxury property?

Accepted Answer

This property is classified as a luxury estate based on its price point, features, and location. At 5,795 sqft on 10.38 acres, it offers premium living.  The property features scenic views.  Luxury properties in Utah benefit from no state estate tax and relatively low property tax rates.

Question 18

How much land comes with 1000 UPPER COVE, Park City?

Accepted Answer

This property sits on 10.38 acres.  Horse keeping is possible on this property. Water source: Culinary. Large-acreage properties in Utah may have water rights and mineral rights considerations — verify with a real estate attorney.

Question 19

What schools serve 1000 UPPER COVE, Park City?

Accepted Answer

Assigned schools: Elementary: Trailside; Middle: Ecker Hill; High: Park City.   School district: Park City.

Question 20

What high school is near 1000 UPPER COVE, 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 21

What elementary school is near 1000 UPPER COVE, Park City?

Accepted Answer

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

Question 22

What middle school is near 1000 UPPER COVE, Park City?

Accepted Answer

The nearest middle school is Ecker Hill.

Question 23

Is 1000 UPPER COVE, Park City in a flood zone?

Accepted Answer

This property is classified as low. FEMA flood zone: X (AREA OF MINIMAL FLOOD HAZARD). Flood insurance is not typically required but may be recommended.  Always verify current FEMA maps as they are periodically updated.

Question 24

How does this listing compare to the Park City market?

Accepted Answer

1000 UPPER COVE, Park City is listed at $4,750,000, which is above the Park City median of $1,875,000 by $2,875,000. There are currently 616 active listings in Park City. Homes in Park City sell in an average of 77 days. The average sale-to-list ratio is 97.3%.

Question 25

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

Accepted Answer

In 2026, the median home price in Park City is $1,875,000. There are currently 616 active listings. Homes sell in an average of 77 days. The average sale-to-list ratio is 97.3%. This listing at $4,750,000 is above the Park City 2026 median.

Question 26

Are there other homes for sale in Park City?

Accepted Answer

Yes — there are currently 616 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 $1,875,000. Homes in Park City are selling in about 77 days on average.

Question 27

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 28

How does this price compare to the Utah state average?

Accepted Answer

At $4,750,000, this property is above the Utah state median of $525,000 by $4,225,000. Park City prices are 257% 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 29

What is the Propaired intelligence score for 1000 UPPER COVE, Park City?

Accepted Answer

This property has a Propaired intelligence score of 29/100, combining deal value (25), recreation access (N/A), amenity proximity (N/A), broadband quality (N/A), and lifestyle features (7 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 30

Does 1000 UPPER COVE, Park City have energy-efficient or green features?

Accepted Answer

This property has been tagged as green/sustainable, indicating energy-efficient features. Heating: Electric,Heat Pump,Wood. Cooling: Heat Pump. Green homes may include solar panels, Energy Star appliances, high-efficiency HVAC, insulated windows, and sustainable building materials. Ask the listing agent for specific energy certifications or efficiency ratings.

Question 31

What heating and cooling systems does 1000 UPPER COVE, Park City have?

Accepted Answer

Heating: Electric,Heat Pump,Wood. Cooling: Heat Pump. Modern HVAC systems typically last 15-20 years with proper maintenance. Utah's climate ranges from sub-zero winters to 100°F+ summers, making reliable heating and cooling essential.

Question 32

Does 1000 UPPER COVE, Park City have a basement?

Accepted Answer

Yes, the basement is described as: Daylight,Walk-Out Access. A daylight basement features windows for natural light, making the space more livable. Check for any signs of moisture or foundation issues during the home inspection.

Question 33

What is 1000 UPPER COVE, 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 34

What type of flooring does 1000 UPPER COVE, Park City have?

Accepted Answer

Flooring types include: Carpet,Laminate,Tile,Slate.  Tile flooring is durable and ideal for high-traffic areas and bathrooms. Carpeted areas provide warmth and comfort, especially in bedrooms.

Question 35

What are the water and sewer connections for 1000 UPPER COVE, Park City?

Accepted Answer

Water source: Culinary. Sewer: Septic Tank.  Septic systems require regular pumping (every 3-5 years) and inspection. Budget approximately $300-$500 for routine maintenance. Water is a critical consideration in Utah's arid climate.

Question 36

What is the commute like from 1000 UPPER COVE, Park City?

Accepted Answer

1000 UPPER COVE, 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 37

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 38

What would homeowner's insurance cost for 1000 UPPER COVE, 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 $4,750,000, expect approximately $14,250-$23,750/year ($1,188-$1,979/month).   Get multiple quotes — rates vary significantly by insurer.

Question 39

What are the estimated closing costs for 1000 UPPER COVE, Park City?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $4,750,000, expect approximately $95,000-$237,500 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 40

How does the property tax compare to the list price at 1000 UPPER COVE, Park City?

Accepted Answer

The annual property tax of $9,390 represents an effective rate of 0.20% relative to the list price of $4,750,000. 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 41

What are the total estimated monthly costs for 1000 UPPER COVE, Park City?

Accepted Answer

Estimated total monthly housing cost: $27,310. This includes principal & interest ($23,844 at 6.43% with 20% down), property tax ($783/mo), HOA ($1,100/mo), and estimated insurance (~$1,583/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 42

Is 1000 UPPER COVE, Park City eligible for FHA or VA financing?

Accepted Answer

At $4,750,000, 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 43

What is the estimated cap rate for 1000 UPPER COVE, Park City?

Accepted Answer

The estimated cap rate (net rental yield) for this property is 2.5%, based on estimated annual rent of $182,748 and a purchase price of $4,750,000. Lower cap rates often indicate appreciation-focused markets where property values are expected to rise.

Question 44

Is Park City a good rental market?

Accepted Answer

Estimated monthly rent in Park City is approximately $11,880. Homes in Park City sell in an average of 77 days, indicating moderate demand in this market. There are 616 active listings currently. Gross rental yield in this area: 3.9%. Utah's steady population growth continues to drive rental demand.

Question 45

Could 1000 UPPER COVE, Park City be a 1031 exchange property?

Accepted Answer

Yes, 1000 UPPER COVE, 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 46

How does 1000 UPPER COVE, Park City compare to recently sold homes nearby?

Accepted Answer

Based on 8 comparable properties, the median sold price in this area is $2,287,500. This listing is 108% above the comparable median. It ranks Premium among similar listings by value. The median for this property type specifically is $3,950,000. Comparable analysis is based on similar size, age, and location.

Question 47

Is the Park City neighborhood appreciating in value?

Accepted Answer

Based on Zillow Home Value Index data, property values in this area have appreciated 1.6% over the past year. The current Zillow Home Value Index for this area is $1,865,405. This listing is priced at 255% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 48

What is the price trend in Park City?

Accepted Answer

Park City's median price has increased 76.0% month-over-month. Current median: $1,875,000. Days on market have decreased by 46.3% month-over-month. Homes are selling at 97.3% of list price on average. Monitor these trends to time your offer strategically.

Question 49

Is 1000 UPPER COVE, Park City overpriced or underpriced?

Accepted Answer

Propaired's AI classifies this property as "Standard." At 108% above comparable homes, the asking price is above the local median. Verify that premium features justify the price difference. Deal score: 25/100. Always confirm with a local real estate professional who can provide a comparative market analysis.

Question 50

What school district is 1000 UPPER COVE, Park City in?

Accepted Answer

This property is in the Park City school district. Assigned elementary: Trailside. Assigned middle: Ecker Hill. 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 51

Is 1000 UPPER COVE, Park City move-in ready?

Accepted Answer

As new construction, this home is expected to be move-in ready with modern finishes and warranties.

Question 52

Does 1000 UPPER COVE, 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 53

What is the lot like at 1000 UPPER COVE, Park City?

Accepted Answer

The lot is 10.38 acres. Lot features: Secluded,Sprinkler: Auto-Part,Terrain: Grad Slope,View: Mountain,Wooded,Private. Terrain: Secluded Yard, Sprinkler: Auto-Part, Terrain, Flat, Terrain: Grad Slope, View: Mountain, Wooded, Private. Views: Mountain(s).  Lot characteristics affect usability, privacy, and future improvement potential.

Question 54

What utilities are available at 1000 UPPER COVE, Park City?

Accepted Answer

Available utilities include: Electricity Connected,Sewer: Septic Tank,Water Connected. Water source: Culinary. Sewer: Septic Tank. 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 55

Does 1000 UPPER COVE, Park City have solar panels?

Accepted Answer

While this property is tagged as green/sustainable, solar panel details are not explicitly listed. Utah is an excellent state for solar energy with 222+ sunny days per year. Adding solar panels in Utah may qualify for federal tax credits and local incentives. Contact the listing agent for details on any existing energy-efficient systems.

1000 UPPER COVE, Park City, UT 84098

1000 W UPPER COVE RD, Park City, UT 84098

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