Question 1

What is the asking price for 5501 LILLEHAMMER, Park City?

Accepted Answer

5501 LILLEHAMMER, Park City is listed at $729,000 ($549/sqft). The original list price was $747,500, representing a reduction of $18,500. Current status: Closed.

Question 2

How many bedrooms and bathrooms does 5501 LILLEHAMMER, Park City have?

Accepted Answer

This Residential features 3 bedrooms, 2 bathrooms, 1,328 square feet of living space. It is a 1-story home. The lot is 0.01 acres.

Question 3

When was 5501 LILLEHAMMER, Park City built?

Accepted Answer

This property was built in 2007, making it 19 years old. Built in the early 2000s, the home benefits from modern construction standards and may have updated systems.

Question 4

What type of property is 5501 LILLEHAMMER, Park City?

Accepted Answer

5501 LILLEHAMMER, Park City is a Residential (Condominium). The architectural style is Condo; Main Level. It is located in the LODGES AT BEAR HOLLOW subdivision. Zoning: Multi-Family.

Question 5

Does 5501 LILLEHAMMER, Park City have a garage or parking?

Accepted Answer

Yes, this property includes a 1-car garage and 1 open parking space. Total parking capacity: 2 vehicles.

Question 6

Is there an HOA for 5501 LILLEHAMMER, Park City?

Accepted Answer

Yes, this property is part of a homeowners association. HOA fees are $800 monthly. HOA fees typically cover shared amenities, landscaping, and community maintenance.

Question 7

What are the property taxes for 5501 LILLEHAMMER, Park City?

Accepted Answer

Annual property taxes for this property are approximately $4,248 (about $354/month). This represents an effective tax rate of approximately 0.58% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 5501 LILLEHAMMER, Park City?

Accepted Answer

Interior features include: Bath: Primary, Bath: Sep. Tub/Shower, Oven: Gas, Range: Gas, Granite Countertops. Exterior features include: Patio: Covered, Secured Parking, Sliding Glass Doors. The home has 1 fireplace.  Spa/hot tub included. View: Mountain(s).

Question 9

How long has 5501 LILLEHAMMER, Park City been on the market?

Accepted Answer

This property has been listed for 45 days. The average days on market in Park City is 82 days, meaning this listing is moving faster than the local average.

Question 10

What schools serve 5501 LILLEHAMMER, Park City?

Accepted Answer

Assigned schools: Elementary: Parley's Park; Middle: Ecker Hill; High: Park City. There are 1 schools within 3 miles of this property. The highest-rated nearby school is Winter Sports School with a 61% state performance score (1.4 miles away). School district: Park City.

Question 11

What high school is near 5501 LILLEHAMMER, Park City?

Accepted Answer

The nearest high school is Park City. View the full school profile on Propaired for test scores, enrollment, and student-to-teacher ratios.

Question 12

What elementary school is near 5501 LILLEHAMMER, Park City?

Accepted Answer

The nearest elementary school is Parley's Park. Propaired provides full school ratings and comparison data for all schools in this area.

Question 13

What middle school is near 5501 LILLEHAMMER, Park City?

Accepted Answer

The nearest middle school is Ecker Hill.

Question 14

How does this listing compare to the Park City market?

Accepted Answer

5501 LILLEHAMMER, Park City is listed at $729,000, which is below the Park City median of $1,900,000 by $1,171,000. There are currently 538 active listings in Park City. Homes in Park City sell in an average of 82 days. The average sale-to-list ratio is 97.2%.

Question 15

What is the Park City real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Park City is $1,900,000. There are currently 538 active listings. Homes sell in an average of 82 days. The average sale-to-list ratio is 97.2%. This listing at $729,000 is below the Park City 2026 median.

Question 16

Are there other homes for sale in Park City?

Accepted Answer

Yes — there are currently 538 active listings in Park City. Browse all Park City homes for sale at propaired.ai/listings/ut/park-city. Prices range around a median of $1,900,000. Homes in Park City are selling in about 82 days on average.

Question 17

What is the Park City neighborhood like?

Accepted Answer

World-class ski resort town. Upscale, excellent schools, second homes, Olympics heritage, outdoor recreation paradise. Higher cost of living. Park City is known for: ski-access, upscale, outdoor-recreation, resort-town. Population: approximately 8,000. Explore the full Park City market data and community guide on Propaired.

Question 18

How does this price compare to the Utah state average?

Accepted Answer

At $729,000, this property is above the Utah state median of $522,000 by $207,000. Park City prices are 264% above the state average. Utah's housing market varies significantly by region — front-range cities near SLC are typically more expensive than rural areas.

Question 19

What heating and cooling systems does 5501 LILLEHAMMER, Park City have?

Accepted Answer

Heating: Forced Air,Gas: Central,Hot Water. Cooling: Central Air. Modern HVAC systems typically last 15-20 years with proper maintenance. Utah's climate ranges from sub-zero winters to 100°F+ summers, making reliable heating and cooling essential.

Question 20

What type of roof does 5501 LILLEHAMMER, Park City have?

Accepted Answer

The roof material is Asphalt,Metal. Asphalt shingles typically last 20-30 years in Utah's climate. With a 19-year-old home, reviewing recent roof inspections is recommended.

Question 21

Does 5501 LILLEHAMMER, Park City have a basement?

Accepted Answer

Yes, the basement is described as: Slab. Basements in Utah are common and add versatile living or storage space. Check for any signs of moisture or foundation issues during the home inspection.

Question 22

What is 5501 LILLEHAMMER, Park City constructed from?

Accepted Answer

Construction materials include: Stone,Cement Siding. Stone construction provides exceptional durability and a premium aesthetic.

Question 23

What type of flooring does 5501 LILLEHAMMER, Park City have?

Accepted Answer

Flooring types include: Carpet,Hardwood,Tile. Hardwood floors are a premium feature that adds lasting value and can be refinished multiple times. Tile flooring is durable and ideal for high-traffic areas and bathrooms. Carpeted areas provide warmth and comfort, especially in bedrooms.

Question 24

What are the water and sewer connections for 5501 LILLEHAMMER, Park City?

Accepted Answer

Water source: Culinary,Private. Sewer: Sewer: Connected,Sewer: Public.  Municipal sewer service means no septic maintenance costs. Water is a critical consideration in Utah's arid climate.

Question 25

What is the commute like from 5501 LILLEHAMMER, Park City?

Accepted Answer

5501 LILLEHAMMER, Park City is located in Park City, in the Wasatch Front region of Utah. With a population of approximately 8,000, Park City has good transportation access. Commute times vary by destination — most Wasatch Front cities are within 30-60 minutes of downtown Salt Lake City via I-15. Consider rush-hour traffic patterns when evaluating this location.

Question 26

What is the Park City community like?

Accepted Answer

Park City is known for: ski-access, upscale, outdoor-recreation, resort-town, excellent-schools. The city has approximately 8,000 residents. The median home price in Park City is $2,500,000. Explore the full Park City community profile on Propaired for detailed neighborhood insights.

Question 27

What would homeowner's insurance cost for 5501 LILLEHAMMER, Park City?

Accepted Answer

Homeowner's insurance in Utah typically ranges from 0.3% to 0.5% of the home's value annually. For a home listed at $729,000, expect approximately $2,187-$3,645/year ($182-$304/month).   Get multiple quotes — rates vary significantly by insurer.

Question 28

What are the estimated closing costs for 5501 LILLEHAMMER, Park City?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $729,000, expect approximately $14,580-$36,450 in closing costs. This includes title insurance, escrow fees, lender fees, recording fees, and prepaid items (insurance, taxes). Buyers should also budget for a home inspection ($300-$500), appraisal ($400-$600), and any lender-required reserves.

Question 29

How does the property tax compare to the list price at 5501 LILLEHAMMER, Park City?

Accepted Answer

The annual property tax of $4,248 represents an effective rate of 0.58% relative to the list price of $729,000. This is near the Utah average effective rate of approximately 0.58%. Property taxes in Utah are assessed by the county and can change when the property is sold.

Question 30

Is 5501 LILLEHAMMER, Park City eligible for FHA or VA financing?

Accepted Answer

At $729,000, this property may exceed standard FHA loan limits and could require a conventional or jumbo loan. VA loans have no price cap but require VA eligibility.    Consult a mortgage lender for personalized eligibility.

Question 31

Could 5501 LILLEHAMMER, Park City be a 1031 exchange property?

Accepted Answer

Yes, 5501 LILLEHAMMER, Park City could potentially qualify for a 1031 like-kind exchange if used as an investment or business property. A 1031 exchange allows deferral of capital gains taxes by reinvesting proceeds from one investment property into another. Key requirements include identifying a replacement property within 45 days and closing within 180 days. The property must be held for investment purposes — personal residences do not qualify. Consult a qualified intermediary and tax advisor for specific guidance.

Question 32

What is the price trend in Park City?

Accepted Answer

Park City's median price has decreased 4.7% month-over-month. Current median: $1,900,000. Days on market have increased by 66.1% month-over-month. Homes are selling at 97.2% of list price on average. Monitor these trends to time your offer strategically.

Question 33

What school district is 5501 LILLEHAMMER, Park City in?

Accepted Answer

This property is in the Park City school district. Assigned elementary: Parley's Park. Assigned middle: Ecker Hill. Assigned high: Park City. School district boundaries can affect property values by 5-15%. Contact the district directly to confirm current enrollment boundaries, as they may change.

Question 34

Is 5501 LILLEHAMMER, Park City move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 35

Does 5501 LILLEHAMMER, Park City come with a home warranty?

Accepted Answer

No home warranty is currently included with this property. Buyers can request a home warranty as part of the purchase negotiation — they typically cost $400-$700/year and cover major systems and appliances. This is especially valuable for older homes.

Question 36

What is the lot like at 5501 LILLEHAMMER, Park City?

Accepted Answer

The lot is 0.01 acres. Lot features: Road: Paved,Sprinkler: Auto-Full,Terrain: Mountain,View: Mountain,Drip Irrigation: Auto-Full. Terrain: Road: Paved, Sprinkler: Auto-Full, Terrain: Mountain, View: Mountain, Drip Irrigation: Auto-Full. Views: Mountain(s).  Lot characteristics affect usability, privacy, and future improvement potential.

Question 37

What utilities are available at 5501 LILLEHAMMER, Park City?

Accepted Answer

Available utilities include: Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected. Water source: Culinary,Private. Sewer: Sewer: Connected,Sewer: Public. Utility costs in Utah vary by season — expect higher heating bills in winter and cooling costs in summer. Contact local utility providers for average monthly cost estimates for this address.

Question 38

Does 5501 LILLEHAMMER, Park City have natural gas?

Accepted Answer

Yes, this property has natural gas service — the heating system is listed as: Forced Air,Gas: Central,Hot Water. Natural gas is the most common and cost-effective heating fuel in Utah, typically 30-50% less expensive than electric heating. The cooling system (Central Air) operates separately. Natural gas availability also supports gas ranges, water heaters, and fireplaces.

5501 LILLEHAMMER, Park City, UT 84098

5501 N LILLEHAMMER LN #4206, Park City, UT 84098

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