2698 BAILEY, Park City, UT 84060
5BD/—BA Residential in Park City, UT 84060. 5,180 sqft. Built 2021. Listed at $3,098,000. MLS #2151866.
5BD/—BA Residential in Park City, UT 84060. 5,180 sqft. Built 2021. Listed at $3,098,000. MLS #2151866.
Easy to Show!! This Stunning Park City home offers space, light, views, and an unbeatable location and lifestyle. Located on a premium corner - acre lot, this almost new, beautifully maintained residence features approximately 5,500 square feet, 5 bedrooms, 5.5 bathrooms, plus an additional versatile flex space currently used as a bunk room--but perfect for a man cave, a 2nd home office, a gym, or media room. Designed with a family-friendly, open floor plan, the home flows effortlessly for both everyday living and entertaining large groups. High-end finishes, luxury appliances, thoughtfully designed upgrades, and smart design details create a home that feels very spacious, yet warm, generational and timeless. Enjoy mountain views, breathtaking morning sunrises to the east, and an abundance of natural light throughout the home. The south-facing front porch is ideal for sunset views and relaxing evenings outdoors. This home is priced well below comparable properties in the neighborhood, offering an exceptional value in today's Park City real estate market. The neighborhood is a dream for families, with a bus stop directly behind the home, sidewalks, walking paths, rail trail access and outstanding community amenities including a clubhouse with swimming pool, pickleball courts, basketball court, playground, dog park, and expansive grassy fields. Located in the highly sought-after Park City School District, just minutes from Main Street Park City, Old Town, Deer Valley Resort, Mayflower East expansion, and Park City Mountain Resort, this home offers quick access to world-class skiing, dining, shopping, and year-round recreation. If you're searching for a Park City family home, mountain lifestyle property, or luxury home near Deer Valley, this pristine, amenity-rich residence checks every box. Don't miss this rare opportunity!
Property Type
Residential
Property Style
Single Family Residence
Stories
2
Subdivision
PARK CITY
County
Summit
Zoning
Single-Family
Construction
Other
Lot Size
0.33 sq ft
Above Grade Area
2,590 sq ft
Condition
Blt./Standing
MLS #
2151866
Property Type
Residential
Property Style
Single Family Residence
Stories
2
Subdivision
PARK CITY
County
Summit
Zoning
Single-Family
Construction
Other
Lot Size
0.33 sq ft
Above Grade Area
2,590 sq ft
Condition
Blt./Standing
MLS #
2151866
List Price
$3,098,000
HOA Fees
$225 / Monthly
Annual Taxes
$15,286
Home Warranty
No
List Price
$3,098,000
HOA Fees
$225 / Monthly
Annual Taxes
$15,286
Home Warranty
No
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Hardwood,Tile,Vinyl
Basement
Full
Materials
Other
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Hardwood,Tile,Vinyl
Basement
Full
Materials
Other
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Garage Spaces
3
Covered Spaces
6
Total Parking
6
Garage Spaces
3
Covered Spaces
6
Total Parking
6
Why this is a deal
Classification
Exceptional DealDeal Score
100/100
vs Similar Homes
21% below
vs Market Median
25% below
Area Growth (YoY)
2.5%
Deal Score Breakdown
100/100 · 2 qualifying signals
Priced 21% below the median of similar listings
Priced 25% below the per-subtype city median
2.5% year-over-year ZHVI growth in this area
LT net cashflow -$2,622/mo (-12.4% return on ownership cost) · STR net cashflow -$14,451/mo (-68.6% 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
$20,961/mo
Range: $15,506 – $26,415
Net Monthly Cash Flow
−$2,621 /mo (−$31,454/yr)
Monthly rental income
Monthly ownership cost
Coverage
100%
Net /mo
−$2,622
DSCR
1.19
Est. Annual Revenue
$113,422/yr
$671/night · 38% occupancy · $249/bedroom · $1.03/sqft
Net Monthly Cash Flow
−$14,451 /mo (−$173,416/yr)
Monthly STR income
Monthly ownership cost
Coverage
45%
Net /mo
−$14,451
DSCR
0.43
Best Download
2 Gbps
Best Upload
2 Gbps
Fiber Available
Yes
Providers
10
Available Providers
$1,900,000
+63% vs median
82 days
467
$14,000 – $30,500,000
$15,286
$225/monthly
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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