226 NORFOLK, Park City, UT 84060
3BD/—BA Residential in Park City, UT 84060. 2,785 sqft. Built 2000. Listed at $6,125,000. MLS #2151872.
3BD/—BA Residential in Park City, UT 84060. 2,785 sqft. Built 2000. Listed at $6,125,000. MLS #2151872.
Located on Upper Norfolk above Historic Main Street, this residence occupies one of the most coveted positions in all of Park City. It's steps from Quittin' Time ski run as well as steps from the restaurants, galleries, and energy of Main Street. A location offering this kind of access paired with sweeping, unobstructed views is a decade-long waiting game for most buyers. Inside, three thoughtfully designed levels unfold. Each finished with mahogany floors, trim, and cabinetry elevated by custom accent lighting. A/V and lighting control, smart thermostats, and heated bathroom floors ensure an effortless and refined experience. The entry level is built for entertaining-anchored by a custom wine cellar, bar, and fireplace. A garage-door wall opens entirely to the outdoors, dissolving the line between interior and mountain air. The bar seamlessly flows into the rooftop deck which features a hot tub, fire pit, outdoor television, and views that few can claim as their own. A high-end kitchen outfitted with Viking appliances centers the main level. The dining room fireplace sets the tone for evenings in, while an outdoor kitchen extends entertaining to the mountain air. A built-in entertainment center featuring a hand-crafted Park City mural brings local character to the space. The lower level is a private retreat. The primary suite offers heated floors, a fireplace, built-in study, his-and-her closets, and a spa-like bathroom with a double shower, steam shower, Toto bidet, and jetted tub. Open the bedroom door to a private patio with a water feature and a second outdoor fireplace. A guest suite with an en-suite bath completes the lower level. A snow melt system, roof heat tape, whole-home humidifier, water softener, reverse osmosis, and home automation round out the infrastructure-because a home at this level should perform as well as it presents. Old Town properties of this quality with this access do not come often. Reach out to me today for a private tour.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Tri/Multi-Level
Stories
3
Subdivision
GALLACHER B31 REPLAT SUBDIVISION
County
Summit
Zoning
Single-Family
Construction
Other
Lot Size
0.06 sq ft
Above Grade Area
571 sq ft
Condition
Blt./Standing
MLS #
2151872
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Tri/Multi-Level
Stories
3
Subdivision
GALLACHER B31 REPLAT SUBDIVISION
County
Summit
Zoning
Single-Family
Construction
Other
Lot Size
0.06 sq ft
Above Grade Area
571 sq ft
Condition
Blt./Standing
MLS #
2151872
List Price
$6,125,000
Annual Taxes
$11,980
Home Warranty
No
List Price
$6,125,000
Annual Taxes
$11,980
Home Warranty
No
Heating
Electric,Forced Air,Gas: Radiant,Wood
Cooling
Central Air
Roof
Asphalt,Metal
Flooring
Hardwood,Tile
Basement
Walk-Out Access
Materials
Other
Appliances
Dryer,Freezer,Gas Grill/BBQ,Microwave,Range Hood,Refrigerator,Washer,Water Softener Owned
Laundry
Gas Dryer Hookup
Patio & Porch
Covered,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Electric,Forced Air,Gas: Radiant,Wood
Cooling
Central Air
Roof
Asphalt,Metal
Flooring
Hardwood,Tile
Basement
Walk-Out Access
Materials
Other
Appliances
Dryer,Freezer,Gas Grill/BBQ,Microwave,Range Hood,Refrigerator,Washer,Water Softener Owned
Laundry
Gas Dryer Hookup
Patio & Porch
Covered,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Garage Spaces
1
Covered Spaces
1
Total Parking
4
Garage Spaces
1
Covered Spaces
1
Total Parking
4
Classification
Standard
Deal Score
10/100
vs Similar Homes
25% above
vs Market Median
112% above
Area Growth (YoY)
-4.5%
Deal Score Breakdown
10/100
Priced 25% above the median of similar listings
Priced 112% above the per-subtype city median
-4.5% year-over-year ZHVI growth in this area
LT net cashflow -$31,465/mo (-79.3% return on ownership cost) · STR net cashflow -$34,670/mo (-87.4% 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.
Monthly Rent
$9,343/mo
Range: $6,912 – $11,774
Net Monthly Cash Flow
−$31,465 /mo (−$377,575/yr)
Monthly rental income
Monthly ownership cost
Coverage
24%
Net /mo
−$31,465
DSCR
0.27
Est. Annual Revenue
$86,000/yr
$671/night · 38% occupancy · $249/bedroom · $1.03/sqft
Net Monthly Cash Flow
−$34,669 /mo (−$416,027/yr)
Monthly STR income
Monthly ownership cost
Coverage
18%
Net /mo
−$34,670
DSCR
0.16
Best Download
2 Gbps
Best Upload
2 Gbps
Fiber Available
Yes
Providers
10
Available Providers
$1,900,000
+222% vs median
82 days
467
$14,000 – $30,500,000
$11,980
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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Daryn Edmunds - High Road Properties

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

Devin Tanner - Utah Realtor
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