88 KING, Park City, UT 84060
5BD/—BA Residential in Park City, UT 84060. 4,583 sqft. Built 2019. Listed at $6,995,000. MLS #2138292.
5BD/—BA Residential in Park City, UT 84060. 4,583 sqft. Built 2019. Listed at $6,995,000. MLS #2138292.
This exceptional contemporary residence offers a refined blend of modern design and elevated mountain living. Spanning approximately 4,600 square feet, the home showcases uncompromising craftsmanship, thoughtful detailing, and a highly livable floorplan designed for both comfort and entertaining with indoor and outdoor living. The residence accommodates up to 12 guests with four private ensuite bedrooms and a custom-designed bunk room, creating the ideal retreat for family and friends. Over 1,000 square feet of heated outdoor living space invites year-round enjoyment, seamlessly extending the interiors into inviting outdoor gathering areas. Four levels are easily accessed via private elevator and include a media lounge, billiards/game room, and generous storage. A two-car garage is complemented by two additional covered parking spaces - a rare and valuable amenity in Old Town. Exquisite finishes elevate every space, including solid white oak flooring, dramatic stacked-stone fireplaces, professional-grade Viking appliances, and designer fixtures by Kohler, Brizo, and Hansgrohe. The home is offered fully furnished with curated, high-end furnishings for immediate enjoyment. Just steps from the Quit 'N Time ski run at Park City Mountain Resort and a short stroll to Historic Main Street, this extraordinary property provides effortless access to world-class skiing, dining, shopping, hiking, and biking trails. Located only 35 minutes from Salt Lake City International Airport, it offers a rare combination of convenience, luxury, and one of Old Town's most desirable settings.
Property Type
Residential
Property Style
Single Family Residence
Stories
4
Subdivision
KING ROAD REPLAT SUB
County
Summit
Zoning
Single-Family
Construction
Stone,Other
Lot Size
0.09 sq ft
Above Grade Area
4,583 sq ft
Condition
Blt./Standing
MLS #
2138292
Property Type
Residential
Property Style
Single Family Residence
Stories
4
Subdivision
KING ROAD REPLAT SUB
County
Summit
Zoning
Single-Family
Construction
Stone,Other
Lot Size
0.09 sq ft
Above Grade Area
4,583 sq ft
Condition
Blt./Standing
MLS #
2138292
List Price
$6,995,000
Annual Taxes
$41,983
Home Warranty
No
List Price
$6,995,000
Annual Taxes
$41,983
Home Warranty
No
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt,Metal
Flooring
Carpet,Hardwood,Tile
Basement
None
Materials
Stone,Other
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s),Valley
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt,Metal
Flooring
Carpet,Hardwood,Tile
Basement
None
Materials
Stone,Other
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s),Valley
Garage Spaces
2
Covered Spaces
4
Total Parking
4
Garage Spaces
2
Covered Spaces
4
Total Parking
4
Classification
Standard
Deal Score
10/100
vs Similar Homes
25% above
vs Market Median
54% above
Area Growth (YoY)
-6.2%
Deal Score Breakdown
10/100
Priced 25% above the median of similar listings
Priced 54% above the per-subtype city median
-6.2% year-over-year ZHVI growth in this area
LT net cashflow -$34,011/mo (-70.5% return on ownership cost) · STR net cashflow -$41,888/mo (-86.8% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
No price reduction from original list
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.
Monthly Rent
$16,203/mo
Range: $12,330 – $20,075
Net Monthly Cash Flow
−$34,010 /mo (−$408,125/yr)
Monthly rental income
Monthly ownership cost
Coverage
34%
Net /mo
−$34,011
DSCR
0.40
Est. Annual Revenue
$109,396/yr
$668/night · 38% occupancy · $241/bedroom · $1.01/sqft
Net Monthly Cash Flow
−$41,887 /mo (−$502,645/yr)
Monthly STR income
Monthly ownership cost
Coverage
19%
Net /mo
−$41,888
DSCR
0.18
Best Download
2 Gbps
Best Upload
2 Gbps
Fiber Available
Yes
Providers
10
Available Providers
$1,900,000
+268% vs median
82 days
549
$24,900 – $55,000,000
$41,983
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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