2025 CANYONS RESORT, Park City, UT 84098
1BD/—BA Residential in Park City, UT 84098. 650 sqft. Built 1979. Listed at $475,000. MLS #2143301.
1BD/—BA Residential in Park City, UT 84098. 650 sqft. Built 1979. Listed at $475,000. MLS #2143301.
**BEST PRICE IN COMMUNITY** Experience effortless mountain living in this beautifully updated Red Pine condo located in the heart of Canyons Village at Park City Mountain Resort. Perfectly positioned for year-round adventure, this residence places you within easy reach of skiing, hiking, biking trails, dining, and entertainment while offering a peaceful alpine setting surrounded by towering pines. Inside, the main level you'll find a bright and inviting floor plan features contemporary finishes, upgraded flooring, and a thoughtfully refreshed interior designed for comfort and style. The open living space flows seamlessly to a private outdoor patio-ideal for relaxing after a day on the mountain or enjoying summer evenings in the fresh mountain air. A cozy fireplace creates a warm gathering space during ski season, while the in-unit washer and dryer add everyday convenience. Red Pine residents and guests enjoy an impressive collection of resort-style amenities including multiple heated pools, indoor and outdoor hot tubs, tennis and pickleball courts, volleyball courts, a dry sauna, clubhouse, and spacious picnic and BBQ areas. The community also offers convenient transportation options including access to the Cabriolet lift, nearby transit routes, and quick connections throughout Canyons Village. Approved for nightly rentals, this property presents an outstanding opportunity as a vacation retreat, income-producing investment, or full-time mountain residence. Just minutes from Park City's historic Main Street and approximately 35 minutes from Salt Lake City International Airport, this Red Pine condo combines convenience, recreation, and mountain charm in one of Park City's most desirable locations. Seller is willing to sell with all furnishings/personal property included.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
County
Summit
Zoning
Multi-Family
Construction
Other
Lot Size
0.01 sq ft
Above Grade Area
650 sq ft
Condition
Blt./Standing
MLS #
2143301
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
County
Summit
Zoning
Multi-Family
Construction
Other
Lot Size
0.01 sq ft
Above Grade Area
650 sq ft
Condition
Blt./Standing
MLS #
2143301
List Price
$475,000
Original Price
$525,000
HOA Fees
$1,434 / Quarterly
Annual Taxes
$3,210
Home Warranty
No
List Price
$475,000
Original Price
$525,000
HOA Fees
$1,434 / Quarterly
Annual Taxes
$3,210
Home Warranty
No
Heating
Electric
Roof
Asphalt
Basement
None
Materials
Other
Appliances
Refrigerator
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Electric
Roof
Asphalt
Basement
None
Materials
Other
Appliances
Refrigerator
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Covered Spaces
0
Total Parking
2
Covered Spaces
0
Total Parking
2
Why this is a deal
Classification
Exceptional DealDeal Score
100/100
vs Similar Homes
28% below
vs Market Median
22% below
Price Reduced
9.5%
Area Growth (YoY)
-3.5%
Deal Score Breakdown
100/100 · 3 qualifying signals
Priced 28% below the median of similar listings
Priced 22% below the per-subtype city median
10% price reduction from original list — seller may be motivated
-3.5% year-over-year ZHVI growth in this area
LT net cashflow -$2,093/mo (-55.3% return on ownership cost) · STR net cashflow -$3,108/mo (-82.1% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
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
$1,924/mo
Range: $1,625 – $2,223
Net Monthly Cash Flow
−$2,093 /mo (−$25,112/yr)
Monthly rental income
Monthly ownership cost
Coverage
51%
Net /mo
−$2,093
DSCR
0.70
Est. Annual Revenue
$11,617/yr
$397/night · 39% occupancy · $132/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$3,107 /mo (−$37,279/yr)
Monthly STR income
Monthly ownership cost
Coverage
26%
Net /mo
−$3,108
DSCR
0.28
Best Download
2 Gbps
Best Upload
1 Gbps
Fiber Available
Yes
Providers
10
Available Providers
$1,900,000
-75% vs median
82 days
538
$24,900 – $55,000,000
$3,210
$1,434/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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