4123 FORESTDALE, Park City, UT 84098
—BD/—BA Residential in Park City, UT 84098. 3,703 sqft. Built 2023. Listed at $1,490,000. MLS #2145797.
—BD/—BA Residential in Park City, UT 84098. 3,703 sqft. Built 2023. Listed at $1,490,000. MLS #2145797.
Altitude Lofts represents the pinnacle of Park City flex space; a perfect blank canvas for your LIVE-WORK-PLAY build. This boutique 11-unit project sits in the heart of the Forestdale corridor, ideally positioned between I-80 and SR-248 off HWY-40's frontage road. Service Commercial (SC) zoning unlocks a myriad of uses, including warehouse, retail, office, commercial, and residential dwelling units. Ideal for car collectors, hobbyists, business owners, or anyone seeking a Park City crash pad, the space easily accommodates sports simulators, workshops, art studios, trailers, RVs, and more. This unit features a ~30' 45' warm-shell configuration with buildout potential of up to 3,703 sq ft across three levels. Utilities are stubbed, the top floor and access stairs are installed, and the unit is pre-engineered for a middle floor.
Property Type
Residential
Property Style
Townhouse
Stories
1
Subdivision
ALTITUDE LOFT CONDOMINIUMS
County
Summit
Construction
Stucco,Metal Siding,Other
Lot Size
0.03 sq ft
Above Grade Area
3,703 sq ft
Condition
Blt./Standing
MLS #
2145797
Property Type
Residential
Property Style
Townhouse
Stories
1
Subdivision
ALTITUDE LOFT CONDOMINIUMS
County
Summit
Construction
Stucco,Metal Siding,Other
Lot Size
0.03 sq ft
Above Grade Area
3,703 sq ft
Condition
Blt./Standing
MLS #
2145797
List Price
$1,490,000
Original Price
$1,400,000
HOA Fees
$2,550 / Monthly
Annual Taxes
$6,251
Home Warranty
No
List Price
$1,490,000
Original Price
$1,400,000
HOA Fees
$2,550 / Monthly
Annual Taxes
$6,251
Home Warranty
No
Roof
Flat,Membrane
Basement
None
Materials
Stucco,Metal Siding,Other
Patio & Porch
Patio: Open
View
Mountain(s)
Roof
Flat,Membrane
Basement
None
Materials
Stucco,Metal Siding,Other
Patio & Porch
Patio: Open
View
Mountain(s)
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Why this is a deal
Classification
Great Deal (vs Market)
Deal Score
92/100
vs Market Median
29% below
Area Growth (YoY)
-2.7%
Deal Score Breakdown
92/100 · 1 qualifying signal
Priced 29% below the per-subtype city median
LT net cashflow -$2,798/mo (-22.4% return on ownership cost) · STR net cashflow -$10,409/mo (-83.4% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
-2.7% year-over-year ZHVI growth in this area
No price reduction from original list
Not enough comparable listings
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
$11,005/mo
Range: $7,714 – $14,297
Net Monthly Cash Flow
−$2,798 /mo (−$33,581/yr)
Monthly rental income
Monthly ownership cost
Coverage
88%
Net /mo
−$2,798
DSCR
1.30
Est. Annual Revenue
$35,549/yr
$387/night · 44% occupancy · $112/bedroom · $0.15/sqft
Net Monthly Cash Flow
−$10,408 /mo (−$124,896/yr)
Monthly STR income
Monthly ownership cost
Coverage
24%
Net /mo
−$10,409
DSCR
0.28
Elementary
South SummitMiddle School
South SummitHigh School
South SummitSchool District
South Summit
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
10
Available Providers
$1,900,000
-22% vs median
82 days
467
$14,000 – $30,500,000
$6,251
$2,550/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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