1540 THREE KINGS, Park City, UT 84060
1BD/—BA Residential in Park City, UT 84060. 972 sqft. Built 1971. Listed at $995,000. MLS #2138887.
1BD/—BA Residential in Park City, UT 84060. 972 sqft. Built 1971. Listed at $995,000. MLS #2138887.
$995,000
A superb, updated mountain retreat in the heart of Park City Mountain and close to Main Street. This bright and open end-unit sits quietly in Three Kings, just a short scenic walk from both PCMR's main base and Silver Star Lifts. Enjoy no neighbors above or below. With easy access to world-class skiing, year-round recreation, free transportation, and charming neighborhood strolls, this home blends convenience, serenity, and outdoor adventure. Lace up your boots or hop on your bike and get on some of the best hiking and mountain biking trailheads around. The property is also adjacent to the Park City Municipal Golf Course which is groomed and open for cross-country skiing and snow shoeing during winter months. After a day of activity, breathe deep and enjoy the tranquility of mature trees and lush open space. Take a few steps off the back patio and across the lawn to the exceptionally maintained year-round pool and hot tub with a spectacular backdrop of the ski mountain. The thoughtful layout serves its guest with ease and comfort, and the entire home features newer finishes throughout including bathrooms, kitchen, and flooring. Stay cozy and warm with the thermostatically controlled gas fireplace and in-floor heating in bathrooms. Reserved covered parking and a private storage locker is conveniently located below. This is a wonderful opportunity to own in the heart one of the world's most desirable mountain adventure towns. Call today for a tour.
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-end
Stories
2
Subdivision
THREE KINGS CONDOMINIUM
County
Summit
Zoning
Multi-Family
Construction
Other
Lot Size
0.1 sq ft
Above Grade Area
972 sq ft
Condition
Blt./Standing
MLS #
2138887
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-end
Stories
2
Subdivision
THREE KINGS CONDOMINIUM
County
Summit
Zoning
Multi-Family
Construction
Other
Lot Size
0.1 sq ft
Above Grade Area
972 sq ft
Condition
Blt./Standing
MLS #
2138887
List Price
$995,000
HOA Fees
$2,757 / Quarterly
Annual Taxes
$5,701
Home Warranty
No
List Price
$995,000
HOA Fees
$2,757 / Quarterly
Annual Taxes
$5,701
Home Warranty
No
Heating
Heat Pump
Cooling
Heat Pump
Roof
Asphalt,Pitched
Flooring
Hardwood
Basement
None
Materials
Other
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Heat Pump
Cooling
Heat Pump
Roof
Asphalt,Pitched
Flooring
Hardwood
Basement
None
Materials
Other
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Garage Spaces
1
Covered Spaces
1
Total Parking
2
Garage Spaces
1
Covered Spaces
1
Total Parking
2
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
100/100
vs Similar Homes
26% below
vs Market Median
9% below
Area Growth (YoY)
-2.2%
Deal Score Breakdown
100/100 · 2 qualifying signals
Priced 26% below the median of similar listings
Priced 9% below the per-subtype city median
-2.2% year-over-year ZHVI growth in this area
LT net cashflow -$6,431/mo (-82.8% return on ownership cost) · STR net cashflow -$6,043/mo (-77.8% 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.
Why this classification
Monthly Rent
$1,513/mo
Range: $1,016 – $2,010
Net Monthly Cash Flow
−$6,431 /mo (−$77,178/yr)
Monthly rental income
Monthly ownership cost
Coverage
20%
Net /mo
−$6,431
DSCR
0.26
Est. Annual Revenue
$29,480/yr
$668/night · 38% occupancy · $241/bedroom · $1.01/sqft
Net Monthly Cash Flow
−$6,043 /mo (−$72,514/yr)
Monthly STR income
Monthly ownership cost
Coverage
32%
Net /mo
−$6,043
DSCR
0.34
Best Download
2 Gbps
Best Upload
2 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$1,900,000
-48% vs median
82 days
549
$24,900 – $55,000,000
$5,701
$2,757/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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Daryn Edmunds - High Road Properties

Devin Tanner - Utah Realtor

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