8730 HIDDEN COVE, Park City, UT 84098
4BD/—BA Residential in Park City, UT 84098. 2,597 sqft. Built 1990. Listed at $1,490,000. MLS #2147233.
4BD/—BA Residential in Park City, UT 84098. 2,597 sqft. Built 1990. Listed at $1,490,000. MLS #2147233.
Perched atop a quiet hillside in coveted Jeremy Ranch, this 2,597 sq ft home offers a rare blend of privacy, space, and sweeping mountain views on a secluded half-acre lot. Surrounded by natural landscape, the setting feels peaceful and removed--yet is just minutes from Park City amenities and an easy commute to Salt Lake City. The home features 3.5 bedrooms, 4 bathrooms, and a flexible floor plan with a second living area offering lockout potential--ideal for guests, rental income, or multigenerational living. A cozy fireplace anchors the main living space, while expansive outdoor areas invite entertaining, relaxation, and taking in the surrounding scenery. With no HOA and a two-car garage, this property presents a unique opportunity to create your dream mountain retreat in one of Park City's most desirable neighborhoods. Enjoy close proximity to golf, trails, and year-round recreation, all from a private hillside setting with incredible upside potential. Plans for future remodel and addition included.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
JEREMY RANCH
County
Summit
Construction
Stone,Other
Lot Size
0.59 sq ft
Above Grade Area
1,731 sq ft
Condition
Blt./Standing
MLS #
2147233
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
JEREMY RANCH
County
Summit
Construction
Stone,Other
Lot Size
0.59 sq ft
Above Grade Area
1,731 sq ft
Condition
Blt./Standing
MLS #
2147233
List Price
$1,490,000
Annual Taxes
$8,557
Home Warranty
No
List Price
$1,490,000
Annual Taxes
$8,557
Home Warranty
No
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt,Composition
Flooring
Carpet,Laminate,Tile
Basement
Daylight,Walk-Out Access
Materials
Stone,Other
Appliances
Ceiling Fan,Dryer,Range Hood,Refrigerator,Washer,Water Softener Owned
Patio & Porch
Porch: Open
Water Source
Private
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt,Composition
Flooring
Carpet,Laminate,Tile
Basement
Daylight,Walk-Out Access
Materials
Stone,Other
Appliances
Ceiling Fan,Dryer,Range Hood,Refrigerator,Washer,Water Softener Owned
Patio & Porch
Porch: Open
Water Source
Private
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Garage Spaces
2
Covered Spaces
2
Total Parking
4
Garage Spaces
2
Covered Spaces
2
Total Parking
4
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
85/100
vs Similar Homes
17% below
vs Market Median
7% above
Area Growth (YoY)
-0.7%
Deal Score Breakdown
85/100 · 1 qualifying signal
Priced 17% below the median of similar listings
Priced 7% above the per-subtype city median
-0.7% year-over-year ZHVI growth in this area
LT net cashflow -$4,971/mo (-48.5% return on ownership cost) · STR net cashflow -$7,240/mo (-70.6% 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
$5,999/mo
Range: $4,893 – $7,105
Net Monthly Cash Flow
−$4,971 /mo (−$59,648/yr)
Monthly rental income
Monthly ownership cost
Coverage
59%
Net /mo
−$4,971
DSCR
0.70
Est. Annual Revenue
$51,587/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$7,241 /mo (−$86,889/yr)
Monthly STR income
Monthly ownership cost
Coverage
42%
Net /mo
−$7,240
DSCR
0.40
Best Download
2 Gbps
Best Upload
1 Gbps
Fiber Available
No
Providers
8
Available Providers
$1,900,000
-22% vs median
82 days
538
$24,900 – $55,000,000
$8,557
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.
Select agents you’d like to hear from. They’ll be notified of your interest — your contact details stay private until you choose to respond.

Daryn Edmunds - High Road Properties

Salt Lake City Real Estate Broker Focused on Pricing, Positioning, and Results

Devin Tanner - Utah Realtor
Your inquiry goes to the listing agent.
Fast Response
Typically within 2 hours during business hours
Built with AI to help you find your perfect home
Powered by AI • Secured by Supabase • Trusted by Agents