Question 1

What is the asking price for 1237 LOWER COVE, Park City?

Accepted Answer

1237 LOWER COVE, Park City is listed at $995,000 ($1128/sqft).  This listing is currently active and available for showings.

Question 2

How many bedrooms and bathrooms does 1237 LOWER COVE, Park City have?

Accepted Answer

This Residential features 1 bedroom, 1 bathroom, 882 square feet of living space. It is a 1-story home. The lot is 10.93 acres.

Question 3

When was 1237 LOWER COVE, Park City built?

Accepted Answer

This property was built in 1981, making it 45 years old. Homes from this era often feature solid construction. Buyers should review the condition of the roof, HVAC, and plumbing.

Question 4

What type of property is 1237 LOWER COVE, Park City?

Accepted Answer

1237 LOWER COVE, Park City is a Residential (Single Family Residence). The architectural style is Cabin. It is located in the STAGECOACH ESTATES subdivision. Zoning: Single-Family.

Question 5

Is there an HOA for 1237 LOWER COVE, Park City?

Accepted Answer

Yes, this property is part of a homeowners association. HOA fees are $1,100 annually. HOA fees typically cover shared amenities, landscaping, and community maintenance.

Question 6

What are the property taxes for 1237 LOWER COVE, Park City?

Accepted Answer

Annual property taxes for this property are approximately $5,896 (about $491/month). This represents an effective tax rate of approximately 0.59% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 7

What are the key features of 1237 LOWER COVE, Park City?

Accepted Answer

Exterior features include: Attic Fan, Storm Windows, Patio: Open. The home has 1 fireplace.   View: Mountain(s),Valley.

Question 8

Is 1237 LOWER COVE, Park City a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Great Deal (vs Similar)" with a deal score of 100/100. Key deal signals: Priced 82% below similar homes. The price is 82% below similar homes in the area. This analysis considers price relative to comparables, days on market, price reductions, and market conditions.

Question 9

How does this price compare to similar homes in Park City?

Accepted Answer

The median price for similar properties in the area is $5,437,500 (based on 4 homes). At $995,000, this listing is 82% below the median for comparable homes. It ranks #Deep Discount among similar listings by value.

Question 10

What would the monthly mortgage payment be for 1237 LOWER COVE, Park City?

Accepted Answer

At the current 30-year mortgage rate of 6.36% with 20% down, the estimated monthly principal and interest payment is $4,958. Including estimated taxes and HOA fees, the total monthly cost is approximately $6,549. A 15-year mortgage at 5.71% would be $6,593/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 11

How long has 1237 LOWER COVE, Park City been on the market?

Accepted Answer

This property has been listed for 0 days. The average days on market in Park City is 82 days, meaning this listing is moving faster than the local average. This is a fresh listing — act quickly if interested.

Question 12

Is 1237 LOWER COVE, Park City a good investment property?

Accepted Answer

Based on market rental data, this property has an estimated annual rent of $21,281 with a gross rental yield of 2.1%. Net rental yield (after estimated expenses): 1.4%.  Estimated debt service coverage ratio (DSCR): 0.31. Investor score: 12/100. These are estimates based on area comparables.

Question 13

What is the estimated rental income for 1237 LOWER COVE, Park City?

Accepted Answer

Based on area comparables, the estimated monthly rent for this property is $1,773 ($21,276/year). The gross rent multiplier is 46.8x (lower is generally better for investors). Actual rental income will depend on property condition, local demand, and management approach.

Question 14

What lifestyle features does 1237 LOWER COVE, Park City offer?

Accepted Answer

Propaired's AI has identified 7 lifestyle features for this property: Hunting/Outdoor, Cabin/Mountain, Golf Community, Trail/Hiking Access, Scenic Views, Gated Community, Large Acreage. The primary lifestyle niche is "hunting_outdoor." These tags are derived from MLS data, property features, and location analysis.

Question 15

Is 1237 LOWER COVE, Park City good for fishing or outdoor recreation?

Accepted Answer

Yes, this property is well-positioned for outdoor recreation.  The area offers hunting and outdoor sporting access.  Utah offers year-round fishing in rivers, reservoirs, and lakes — a fishing license is required.

Question 16

How much land comes with 1237 LOWER COVE, Park City?

Accepted Answer

This property sits on 10.93 acres.   Water source: Culinary. Large-acreage properties in Utah may have water rights and mineral rights considerations — verify with a real estate attorney.

Question 17

What schools serve 1237 LOWER COVE, Park City?

Accepted Answer

Assigned schools: Elementary: Trailside; Middle: Ecker Hill; High: Park City.   School district: Park City.

Question 18

What high school is near 1237 LOWER COVE, Park City?

Accepted Answer

The nearest high school is Park City. View the full school profile on Propaired for test scores, enrollment, and student-to-teacher ratios.

Question 19

What elementary school is near 1237 LOWER COVE, Park City?

Accepted Answer

The nearest elementary school is Trailside. Propaired provides full school ratings and comparison data for all schools in this area.

Question 20

What middle school is near 1237 LOWER COVE, Park City?

Accepted Answer

The nearest middle school is Ecker Hill.

Question 21

Is 1237 LOWER COVE, Park City in a flood zone?

Accepted Answer

This property is classified as low. FEMA flood zone: X (AREA OF MINIMAL FLOOD HAZARD). Flood insurance is not typically required but may be recommended.  Always verify current FEMA maps as they are periodically updated.

Question 22

How does this listing compare to the Park City market?

Accepted Answer

1237 LOWER COVE, Park City is listed at $995,000, which is below the Park City median of $1,900,000 by $905,000. There are currently 467 active listings in Park City. Homes in Park City sell in an average of 82 days. The average sale-to-list ratio is 97.0%.

Question 23

What is the Park City real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Park City is $1,900,000. There are currently 467 active listings. Homes sell in an average of 82 days. The average sale-to-list ratio is 97.0%. This listing at $995,000 is below the Park City 2026 median.

Question 24

Are there other homes for sale in Park City?

Accepted Answer

Yes — there are currently 467 active listings in Park City. Browse all Park City homes for sale at propaired.ai/listings/ut/park-city. Prices range around a median of $1,900,000. Homes in Park City are selling in about 82 days on average.

Question 25

What is the Park City neighborhood like?

Accepted Answer

World-class ski resort town. Upscale, excellent schools, second homes, Olympics heritage, outdoor recreation paradise. Higher cost of living. Park City is known for: ski-access, upscale, outdoor-recreation, resort-town. Population: approximately 8,000. Explore the full Park City market data and community guide on Propaired.

Question 26

How does this price compare to the Utah state average?

Accepted Answer

At $995,000, this property is above the Utah state median of $517,990 by $477,010. Park City prices are 267% above the state average. Utah's housing market varies significantly by region — front-range cities near SLC are typically more expensive than rural areas.

Question 27

What is the Propaired intelligence score for 1237 LOWER COVE, Park City?

Accepted Answer

This property has a Propaired intelligence score of 55/100, combining deal value (100), recreation access (N/A), amenity proximity (N/A), broadband quality (N/A), and lifestyle features (8 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 28

What heating and cooling systems does 1237 LOWER COVE, Park City have?

Accepted Answer

Heating: Propane,Wood. Cooling: Natural Ventilation. Given the age of this home, it may be worth requesting a professional HVAC inspection to assess system efficiency and remaining lifespan. Utah's climate ranges from sub-zero winters to 100°F+ summers, making reliable heating and cooling essential.

Question 29

What type of roof does 1237 LOWER COVE, Park City have?

Accepted Answer

The roof material is Metal. Metal roofs are highly durable and can last 40-70 years with minimal maintenance. With a 45-year-old home, reviewing recent roof inspections is recommended.

Question 30

Does 1237 LOWER COVE, Park City have a basement?

Accepted Answer

Yes, the basement is described as: None. Basements in Utah are common and add versatile living or storage space. Check for any signs of moisture or foundation issues during the home inspection.

Question 31

What is 1237 LOWER COVE, Park City constructed from?

Accepted Answer

Construction materials include: Frame,Metal Siding. Frame/wood construction is the most common residential building method and allows for flexible floor plans.

Question 32

What type of flooring does 1237 LOWER COVE, Park City have?

Accepted Answer

Flooring types include: Carpet,Linoleum.   Carpeted areas provide warmth and comfort, especially in bedrooms.

Question 33

What are the water and sewer connections for 1237 LOWER COVE, Park City?

Accepted Answer

Water source: Culinary. Sewer: Septic Tank.  Septic systems require regular pumping (every 3-5 years) and inspection. Budget approximately $300-$500 for routine maintenance. Water is a critical consideration in Utah's arid climate.

Question 34

What is the commute like from 1237 LOWER COVE, Park City?

Accepted Answer

1237 LOWER COVE, Park City is located in Park City, in the Wasatch Front region of Utah. With a population of approximately 8,000, Park City has good transportation access. Commute times vary by destination — most Wasatch Front cities are within 30-60 minutes of downtown Salt Lake City via I-15. Consider rush-hour traffic patterns when evaluating this location.

Question 35

What is the Park City community like?

Accepted Answer

Park City is known for: ski-access, upscale, outdoor-recreation, resort-town, excellent-schools. The city has approximately 8,000 residents. The median home price in Park City is $2,500,000. Explore the full Park City community profile on Propaired for detailed neighborhood insights.

Question 36

What would homeowner's insurance cost for 1237 LOWER COVE, Park City?

Accepted Answer

Homeowner's insurance in Utah typically ranges from 0.3% to 0.5% of the home's value annually. For a home listed at $995,000, expect approximately $2,985-$4,975/year ($249-$415/month).   Get multiple quotes — rates vary significantly by insurer.

Question 37

What are the estimated closing costs for 1237 LOWER COVE, Park City?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $995,000, expect approximately $19,900-$49,750 in closing costs. This includes title insurance, escrow fees, lender fees, recording fees, and prepaid items (insurance, taxes). Buyers should also budget for a home inspection ($300-$500), appraisal ($400-$600), and any lender-required reserves.

Question 38

How does the property tax compare to the list price at 1237 LOWER COVE, Park City?

Accepted Answer

The annual property tax of $5,896 represents an effective rate of 0.59% relative to the list price of $995,000. This is near the Utah average effective rate of approximately 0.58%. Property taxes in Utah are assessed by the county and can change when the property is sold.

Question 39

What are the total estimated monthly costs for 1237 LOWER COVE, Park City?

Accepted Answer

Estimated total monthly housing cost: $6,881. This includes principal & interest ($4,958 at 6.36% with 20% down), property tax ($491/mo), HOA ($1,100/mo), and estimated insurance (~$332/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 40

Is 1237 LOWER COVE, Park City eligible for FHA or VA financing?

Accepted Answer

At $995,000, this property may exceed standard FHA loan limits and could require a conventional or jumbo loan. VA loans have no price cap but require VA eligibility.    Consult a mortgage lender for personalized eligibility.

Question 41

What is the estimated cap rate for 1237 LOWER COVE, Park City?

Accepted Answer

The estimated cap rate (net rental yield) for this property is 1.4%, based on estimated annual rent of $21,281 and a purchase price of $995,000. Lower cap rates often indicate appreciation-focused markets where property values are expected to rise.

Question 42

Is Park City a good rental market?

Accepted Answer

Estimated monthly rent in Park City is approximately $2,311. Homes in Park City sell in an average of 82 days, indicating moderate demand in this market. There are 467 active listings currently. Gross rental yield in this area: 2.1%. Utah's steady population growth continues to drive rental demand.

Question 43

Could 1237 LOWER COVE, Park City be a 1031 exchange property?

Accepted Answer

Yes, 1237 LOWER COVE, Park City could potentially qualify for a 1031 like-kind exchange if used as an investment or business property. A 1031 exchange allows deferral of capital gains taxes by reinvesting proceeds from one investment property into another. Key requirements include identifying a replacement property within 45 days and closing within 180 days. The property must be held for investment purposes — personal residences do not qualify. Consult a qualified intermediary and tax advisor for specific guidance.

Question 44

How does 1237 LOWER COVE, Park City compare to recently sold homes nearby?

Accepted Answer

Based on 4 comparable properties, the median sold price in this area is $5,437,500. This listing is 82% below the comparable median. It ranks Deep Discount among similar listings by value. The median for this property type specifically is $4,250,000. Comparable analysis is based on similar size, age, and location.

Question 45

Is the Park City neighborhood appreciating in value?

Accepted Answer

Based on Zillow Home Value Index data, property values in this area have appreciated 0.4% over the past year. The current Zillow Home Value Index for this area is $313,817. This listing is priced at 317% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 46

What is the price trend in Park City?

Accepted Answer

Park City's median price has increased 20.8% month-over-month. Current median: $1,900,000. Days on market have decreased by 30.6% month-over-month. Homes are selling at 97.0% of list price on average. Monitor these trends to time your offer strategically.

Question 47

Is 1237 LOWER COVE, Park City overpriced or underpriced?

Accepted Answer

Propaired's AI classifies this property as "Great Deal (vs Similar)." At 82% below comparable homes, this property appears competitively priced. Deal score: 100/100. Always confirm with a local real estate professional who can provide a comparative market analysis.

Question 48

What school district is 1237 LOWER COVE, Park City in?

Accepted Answer

This property is in the Park City school district. Assigned elementary: Trailside. Assigned middle: Ecker Hill. Assigned high: Park City. School district boundaries can affect property values by 5-15%. Contact the district directly to confirm current enrollment boundaries, as they may change.

Question 49

Is 1237 LOWER COVE, Park City move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 50

What updates might 1237 LOWER COVE, Park City need?

Accepted Answer

At 45 years old, common updates to consider include: roof replacement (if original), HVAC system update, electrical panel upgrade, water heater replacement. Current roof: Metal. Current heating: Propane,Wood. These are general guidelines based on typical component lifespans — the actual condition depends on maintenance history. Always get a professional inspection and ask the seller for maintenance records and any recent upgrades.

Question 51

Does 1237 LOWER COVE, Park City come with a home warranty?

Accepted Answer

No home warranty is currently included with this property. Buyers can request a home warranty as part of the purchase negotiation — they typically cost $400-$700/year and cover major systems and appliances. This is especially valuable for older homes.

Question 52

What is the lot like at 1237 LOWER COVE, Park City?

Accepted Answer

The lot is 10.93 acres. Lot features: Secluded,Terrain: Grad Slope,View: Mountain,View: Valley,Wooded,Private. Terrain: Secluded Yard, Terrain: Grad Slope, View: Mountain, View: Valley, Wooded, Private. Views: Mountain(s),Valley.  Lot characteristics affect usability, privacy, and future improvement potential.

Question 53

What utilities are available at 1237 LOWER COVE, Park City?

Accepted Answer

Available utilities include: Electricity Connected,Sewer: Septic Tank,Water Connected. Water source: Culinary. Sewer: Septic Tank. Utility costs in Utah vary by season — expect higher heating bills in winter and cooling costs in summer. Contact local utility providers for average monthly cost estimates for this address.

1237 LOWER COVE, Park City, UT 84098

1237 LOWER COVE RD, Park City, UT 84098

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