3360 CEDAR, Park City, UT 84098
3BD/—BA Residential in Park City, UT 84098. 2,517 sqft. Built 2007. Listed at $1,200,000. MLS #2150066.
3BD/—BA Residential in Park City, UT 84098. 2,517 sqft. Built 2007. Listed at $1,200,000. MLS #2150066.
Welcome to your mountain escape in the highly sought-after Cedar Ridge development-where comfort, convenience, and adventure come together seamlessly. This beautifully updated 3-bedroom, 3-bathroom home offers a bright, airy ambiance with expansive windows that frame stunning views from the main living area and kitchen. Thoughtfully designed for both relaxation and entertaining, the home features two spacious living areas-one on the main level and another on the lower level-creating the perfect setup for hosting family and friends or enjoying quiet evenings in. Upstairs, the private primary suite serves as a true retreat, complete with a spa-inspired ensuite featuring a soaking tub and a generous walk-in closet. Two additional bedrooms are ideally situated adjacent to the lower-level family room, offering comfort and privacy for guests. Recent upgrades-including fresh paint, plush new carpet, modern lighting, a new dishwasher, a new water softener, and heat tape-ensure peace of mind and make this property a true "lock-and-leave" getaway. Furnishings are negotiable, making it easy to move right in or hit the ground running as a rental. Even better, the home is approved for nightly rentals, providing an excellent opportunity for supplemental income when you're not in residence. Outdoor enthusiasts will love the easy access to nearby trails leading up Pinebrook and connecting to the renowned Mid-Mountain Trail, and avid skiers will appreciate being less than 10 minutes from Canyons Village at Park City Mountain Resort. Enjoy the convenience of walking to shops and dining at Quarry Village, or take a quick drive to Woodward Park City, local schools, the outlets, and Kimball Junction. With effortless access to I-80, you're just 25 minutes from University of Utah and 30 minutes to Salt Lake City International Airport-making this an ideal full-time residence, vacation home, or investment property. Experience the perfect balance of mountain serenity and everyday convenience in this exceptional Cedar Ridge home.
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-end
Stories
3
Subdivision
CEDAR RIDGE
County
Summit
Zoning
Single-Family, Short Term Rental Allowed
Construction
Asphalt,Stone,Other
Lot Size
0.07 sq ft
Above Grade Area
1,563 sq ft
Condition
Blt./Standing
MLS #
2150066
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-end
Stories
3
Subdivision
CEDAR RIDGE
County
Summit
Zoning
Single-Family, Short Term Rental Allowed
Construction
Asphalt,Stone,Other
Lot Size
0.07 sq ft
Above Grade Area
1,563 sq ft
Condition
Blt./Standing
MLS #
2150066
List Price
$1,200,000
HOA Fees
$2,682 / Quarterly
Annual Taxes
$3,731
Home Warranty
No
List Price
$1,200,000
HOA Fees
$2,682 / Quarterly
Annual Taxes
$3,731
Home Warranty
No
Heating
Forced Air,Gas: Central,Gas: Stove
Cooling
Natural Ventilation
Roof
Asphalt,Pitched
Flooring
Carpet,Hardwood,Tile,Concrete
Basement
Daylight,Walk-Out Access
Materials
Asphalt,Stone,Other
Appliances
Microwave,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Gas: Central,Gas: Stove
Cooling
Natural Ventilation
Roof
Asphalt,Pitched
Flooring
Carpet,Hardwood,Tile,Concrete
Basement
Daylight,Walk-Out Access
Materials
Asphalt,Stone,Other
Appliances
Microwave,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
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
Standard
Deal Score
65/100
vs Similar Homes
7% above
vs Market Median
6% below
Area Growth (YoY)
-1.1%
Deal Score Breakdown
65/100 · 1 qualifying signal
Priced 6% below the per-subtype city median
Priced 7% above the median of similar listings
-1.1% year-over-year ZHVI growth in this area
LT net cashflow -$4,690/mo (-53.4% return on ownership cost) · STR net cashflow -$6,125/mo (-69.7% 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
$4,653/mo
Range: $3,076 – $6,230
Net Monthly Cash Flow
−$4,690 /mo (−$56,276/yr)
Monthly rental income
Monthly ownership cost
Coverage
53%
Net /mo
−$4,690
DSCR
0.68
Est. Annual Revenue
$45,587/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$6,126 /mo (−$73,509/yr)
Monthly STR income
Monthly ownership cost
Coverage
43%
Net /mo
−$6,125
DSCR
0.44
Best Download
2 Gbps
Best Upload
2 Gbps
Fiber Available
Yes
Providers
10
Available Providers
$1,900,000
-37% vs median
82 days
467
$14,000 – $30,500,000
$3,731
$2,682/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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