1482 EMPIRE, Park City, UT 84098
2BD/—BA Residential in Park City, UT 84098. 883 sqft. Built 1967. Listed at $885,000. MLS #2140632.
2BD/—BA Residential in Park City, UT 84098. 883 sqft. Built 1967. Listed at $885,000. MLS #2140632.
2 bedroom/ 2 bath lock-out condo with new flooring, appliances and furniture and a year round swimming pool and spa within an easy walk to Park City Mountain Resort. On the free bus route with access to Main Street and everything Park City and Deer Valley.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
EDELWEISS HAUS CONDOMINIUM
County
Summit
Zoning
Multi-Family, Short Term Rental Allowed
Construction
Cinder Block,Concrete,Stucco
Lot Size
0.04 sq ft
Above Grade Area
883 sq ft
Condition
Blt./Standing
MLS #
2140632
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
EDELWEISS HAUS CONDOMINIUM
County
Summit
Zoning
Multi-Family, Short Term Rental Allowed
Construction
Cinder Block,Concrete,Stucco
Lot Size
0.04 sq ft
Above Grade Area
883 sq ft
Condition
Blt./Standing
MLS #
2140632
List Price
$885,000
HOA Fees
$885 / Monthly
Annual Taxes
$4,623
Home Warranty
No
List Price
$885,000
HOA Fees
$885 / Monthly
Annual Taxes
$4,623
Home Warranty
No
Heating
Electric
Cooling
Natural Ventilation
Roof
Flat
Flooring
Tile
Materials
Cinder Block,Concrete,Stucco
Appliances
Dryer,Microwave,Refrigerator,Washer
Water Source
Culinary,Private
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Electric
Cooling
Natural Ventilation
Roof
Flat
Flooring
Tile
Materials
Cinder Block,Concrete,Stucco
Appliances
Dryer,Microwave,Refrigerator,Washer
Water Source
Culinary,Private
Sewer
Sewer: Connected,Sewer: Public
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
Standard
Deal Score
65/100
vs Similar Homes
6% below
vs Market Median
4% above
Area Growth (YoY)
-2.2%
Deal Score Breakdown
65/100 · 1 qualifying signal
Priced 6% below the median of similar listings
Priced 4% above the per-subtype city median
-2.2% year-over-year ZHVI growth in this area
LT net cashflow -$4,720/mo (-68.1% return on ownership cost) · STR net cashflow -$4,792/mo (-69.1% 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
$2,517/mo
Range: $1,748 – $3,285
Net Monthly Cash Flow
−$4,720 /mo (−$56,635/yr)
Monthly rental income
Monthly ownership cost
Coverage
36%
Net /mo
−$4,720
DSCR
0.49
Est. Annual Revenue
$36,725/yr
$668/night · 38% occupancy · $241/bedroom · $1.01/sqft
Net Monthly Cash Flow
−$4,792 /mo (−$57,506/yr)
Monthly STR income
Monthly ownership cost
Coverage
44%
Net /mo
−$4,792
DSCR
0.48
Best Download
2 Gbps
Best Upload
2 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$1,900,000
-53% vs median
82 days
549
$24,900 – $55,000,000
$4,623
$885/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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