1429 RIO GRANDE, Park City, UT 84098
4BD/—BA Residential in Park City, UT 84098. 2,223 sqft. Built 1993. Listed at $2,425,000. MLS #2145951.
4BD/—BA Residential in Park City, UT 84098. 2,223 sqft. Built 1993. Listed at $2,425,000. MLS #2145951.
Located on a quiet street in the Snyder's Mill neighborhood, this beautifully updated home at 1429 W Rio Grande Road offers privacy, modern upgrades, and mountain views just minutes from Park City's amenities. Ideally positioned near Kimball Junction, the home provides quick access to Park City Mountain, Canyons Village, and Deer Valley Resort, along with nearby Nordic skiing and year-round recreation. Snyder's Mill borders Willow Creek Park, featuring a dog pond, playgrounds, tennis courts, playing fields, and an extensive trail system connecting Kimball Junction to Park City. Parley's Park Elementary is just steps away, within the Park City School District. Set on a 0.26-acre lot, the home enjoys a private backyard with no future development behind. A large deck, a gas line for grilling, and an in-ground sprinkler system with app controls create easy outdoor living. From the front of the home and select rooms, take in views of Canyons Village and the surrounding mountains. Inside, the home is bright and thoughtfully updated with a clean, modern aesthetic. The open-concept main level features new luxury vinyl flooring, fresh paint, and a gas fireplace. The fully remodeled kitchen includes quartz countertops, soft-close cabinetry, stainless steel appliances, a range hood, under-cabinet lighting, and a large island with seating. The dining area comfortably accommodates 810. All bathrooms have been updated, including a spacious primary suite with a freestanding tub, tiled shower, and double vanity. Four bedrooms offer generous space, with new carpet throughout. Major upgrades include new windows, two furnaces, water heater, water softener, humidifier, and washer/dryer. Plumbing has been upgraded to PEX with a transferable lifetime warranty. A three-car garage and storage shed provide ample space. With extensive updates, a quiet setting, and prime location, this move-in-ready home offers the best of Park City living.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
2
Subdivision
SNYDERS MILL SUBDIVISION
County
Summit
Zoning
Single-Family
Construction
Asphalt,Frame
Lot Size
0.26 sq ft
Above Grade Area
2,223 sq ft
Condition
Blt./Standing
MLS #
2145951
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
2
Subdivision
SNYDERS MILL SUBDIVISION
County
Summit
Zoning
Single-Family
Construction
Asphalt,Frame
Lot Size
0.26 sq ft
Above Grade Area
2,223 sq ft
Condition
Blt./Standing
MLS #
2145951
List Price
$2,425,000
HOA Fees
$700 / Annually
Annual Taxes
$5,225
Home Warranty
No
List Price
$2,425,000
HOA Fees
$700 / Annually
Annual Taxes
$5,225
Home Warranty
No
Heating
Forced Air
Roof
Asphalt
Flooring
Carpet,Laminate
Materials
Asphalt,Frame
Patio & Porch
Covered,Patio: Open
Water Source
Private
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Forced Air
Roof
Asphalt
Flooring
Carpet,Laminate
Materials
Asphalt,Frame
Patio & Porch
Covered,Patio: Open
Water Source
Private
Sewer
Sewer: Connected
View
Mountain(s)
Garage Spaces
3
Covered Spaces
3
Total Parking
3
Garage Spaces
3
Covered Spaces
3
Total Parking
3
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
100/100
vs Similar Homes
37% below
vs Market Median
74% above
Area Growth (YoY)
-2.7%
Deal Score Breakdown
100/100 · 1 qualifying signal
Priced 37% below the median of similar listings
Priced 74% above the per-subtype city median
-2.7% year-over-year ZHVI growth in this area
LT net cashflow -$10,409/mo (-65.8% return on ownership cost) · STR net cashflow -$13,333/mo (-84.3% 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
$6,139/mo
Range: $4,934 – $7,344
Net Monthly Cash Flow
−$10,409 /mo (−$124,910/yr)
Monthly rental income
Monthly ownership cost
Coverage
39%
Net /mo
−$10,409
DSCR
0.45
Est. Annual Revenue
$42,482/yr
$400/night · 39% occupancy · $132/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$13,333 /mo (−$159,996/yr)
Monthly STR income
Monthly ownership cost
Coverage
22%
Net /mo
−$13,333
DSCR
0.21
Best Download
2 Gbps
Best Upload
2 Gbps
Fiber Available
Yes
Providers
10
Available Providers
$1,900,000
+28% vs median
82 days
467
$14,000 – $30,500,000
$5,225
$700/annually
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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