872 MARTINGALE, Park City, UT 84098
5BD/—BA Residential in Park City, UT 84098. 5,429 sqft. Built 2000. Listed at $3,300,000. MLS #2150678.
5BD/—BA Residential in Park City, UT 84098. 5,429 sqft. Built 2000. Listed at $3,300,000. MLS #2150678.
Nicely Appointed Home In Quiet Ranch Place Location. This beautifully appointed central Park City home is situated in one of the most desired areas within the popular Ranch Place neighborhood. Within 5 minutes of both Willow Creek Park and skiing via Canyons Village base area, this quiet location offers wonderful outdoor living spaces with mature landscaping and a wrap-around deck that is covered in just the right places. Step into the spacious living room with vaulted ceilings connecting to an abundant kitchen/family room. Fluid living areas on the first level are perfectly balanced for work, entertaining and enjoying time at home. The hardwood floor throughout the main level complements the stone fireplaces and the recent updates in the home - especially in the kitchen with new appliances and counter tops. Upstairs an impressive master suite showcases a private, dedicated deck and a large master bathroom. There are two more bedrooms each with a walk-in closet plus a generous office/den complete with an extra bathroom. Overall, the home is full of light and flows nicely for easy living. The lower level has a full kitchen, two more bedrooms and a fun living space with wet bar. There's an over-sized, three car garage to accommodate all your gear for adventure in the mountains. This home represents everything you'll need (and more) for the perfect Park City life.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Tri/Multi-Level
Stories
3
Subdivision
RANCH PLACE SUBDIVISION
County
Summit
Zoning
Single-Family
Construction
Stone,Stucco,Other
Lot Size
0.27 sq ft
Above Grade Area
3,431 sq ft
Condition
Blt./Standing
MLS #
2150678
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Tri/Multi-Level
Stories
3
Subdivision
RANCH PLACE SUBDIVISION
County
Summit
Zoning
Single-Family
Construction
Stone,Stucco,Other
Lot Size
0.27 sq ft
Above Grade Area
3,431 sq ft
Condition
Blt./Standing
MLS #
2150678
List Price
$3,300,000
HOA Fees
$570 / Annually
Annual Taxes
$10,755
Home Warranty
No
List Price
$3,300,000
HOA Fees
$570 / Annually
Annual Taxes
$10,755
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Full
Materials
Stone,Stucco,Other
Appliances
Dryer,Microwave,Refrigerator,Washer,Water Softener Owned
Patio & Porch
Porch: Open,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Full
Materials
Stone,Stucco,Other
Appliances
Dryer,Microwave,Refrigerator,Washer,Water Softener Owned
Patio & Porch
Porch: Open,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Garage Spaces
3
Covered Spaces
3
Total Parking
9
Garage Spaces
3
Covered Spaces
3
Total Parking
9
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
85/100
vs Similar Homes
20% below
vs Market Median
4% above
Area Growth (YoY)
-3.0%
Deal Score Breakdown
85/100 · 1 qualifying signal
Priced 20% below the median of similar listings
Priced 4% above the per-subtype city median
-3.0% year-over-year ZHVI growth in this area
LT net cashflow -$6,216/mo (-28.4% return on ownership cost) · STR net cashflow -$18,538/mo (-84.6% 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
$17,832/mo
Range: $14,985 – $20,680
Net Monthly Cash Flow
−$6,217 /mo (−$74,604/yr)
Monthly rental income
Monthly ownership cost
Coverage
81%
Net /mo
−$6,216
DSCR
0.95
Est. Annual Revenue
$57,786/yr
$397/night · 39% occupancy · $132/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$18,537 /mo (−$222,450/yr)
Monthly STR income
Monthly ownership cost
Coverage
22%
Net /mo
−$18,538
DSCR
0.20
Elementary
Parley's ParkMiddle School
Ecker HillHigh School
Park CitySchool District
Park City
Best Download
2 Gbps
Best Upload
2 Gbps
Fiber Available
Yes
Providers
8
Available Providers
$1,875,000
+76% vs median
77 days
616
$24,900 – $55,000,000
$10,755
$570/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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