1378 PARK, Park City, UT 84060
2BD/—BA Residential in Park City, UT 84060. 1,440 sqft. Built 1981. Listed at $1,299,000. MLS #2155480.
2BD/—BA Residential in Park City, UT 84060. 1,440 sqft. Built 1981. Listed at $1,299,000. MLS #2155480.
This spacious townhome at 1378 Park Avenue offers an incredible location in the heart of Park City. It sits adjacent to the historic Miners Hospital at the entrance to City Park, home to grassy fields, tennis & basketball courts, a playground, sand volleyball courts, and a skate park. Enjoy walkability to Historic Main Street, slopes of Park City Mountain Resort, bike/hike trails, shopping, dining, and events, plus direct access to Park City's free transit route for easy transportation year-round. The home features beautiful ski resort views and is part of a small, well-maintained community of just eight residences. Owners and guests share access to a spacious deck with a large hot tub, perfect for aprs-ski relaxation or summer evenings. Inside, the traditional layout includes defined living areas and timeless, well-kept finishes. A private in-unit sauna adds a cozy and desirable amenity, ideal for unwinding after a day on the mountain. Additional highlights include generous storage space and a dedicated parking spot in a secure community garage. This property is in a premier spot along Park City's popular Fourth of July Parade route, it is an exceptional opportunity for short-term rental income, a seasonal retreat, or long-term family asset.
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-end
Stories
3
Subdivision
PARK PLACE
County
Summit
Zoning
Short Term Rental Allowed
Construction
Other
Lot Size
0.03 sq ft
Above Grade Area
1,440 sq ft
Condition
Blt./Standing
MLS #
2155480
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-end
Stories
3
Subdivision
PARK PLACE
County
Summit
Zoning
Short Term Rental Allowed
Construction
Other
Lot Size
0.03 sq ft
Above Grade Area
1,440 sq ft
Condition
Blt./Standing
MLS #
2155480
List Price
$1,299,000
HOA Fees
$1,980 / Quarterly
Annual Taxes
$4,035
Home Warranty
No
List Price
$1,299,000
HOA Fees
$1,980 / Quarterly
Annual Taxes
$4,035
Home Warranty
No
Heating
Electric,Wall Furnace
Cooling
Natural Ventilation
Roof
Flat,Membrane
Flooring
Carpet,Hardwood,Tile
Basement
Entrance
Materials
Other
Appliances
Ceiling Fan,Dryer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Water Source
Private
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Electric,Wall Furnace
Cooling
Natural Ventilation
Roof
Flat,Membrane
Flooring
Carpet,Hardwood,Tile
Basement
Entrance
Materials
Other
Appliances
Ceiling Fan,Dryer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Water Source
Private
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Garage Spaces
1
Covered Spaces
1
Total Parking
1
Garage Spaces
1
Covered Spaces
1
Total Parking
1
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
95/100
vs Similar Homes
23% below
vs Market Median
2% above
Area Growth (YoY)
-4.5%
Deal Score Breakdown
95/100 · 1 qualifying signal
Priced 23% below the median of similar listings
Priced 2% above the per-subtype city median
-4.5% year-over-year ZHVI growth in this area
LT net cashflow -$6,902/mo (-75.0% return on ownership cost) · STR net cashflow -$6,330/mo (-68.8% 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
$2,613/mo
Range: $1,831 – $3,394
Net Monthly Cash Flow
−$6,902 /mo (−$82,828/yr)
Monthly rental income
Monthly ownership cost
Coverage
28%
Net /mo
−$6,902
DSCR
0.36
Est. Annual Revenue
$49,220/yr
$671/night · 38% occupancy · $249/bedroom · $1.03/sqft
Net Monthly Cash Flow
−$6,330 /mo (−$75,956/yr)
Monthly STR income
Monthly ownership cost
Coverage
45%
Net /mo
−$6,330
DSCR
0.44
Best Download
2 Gbps
Best Upload
2 Gbps
Fiber Available
No
Providers
9
Available Providers
$1,900,000
-32% vs median
82 days
467
$14,000 – $30,500,000
$4,035
$1,980/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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