1243 EMPIRE, Park City, UT 84060
3BD/—BA Residential in Park City, UT 84060. 2,147 sqft. Built 2005. Listed at $3,999,999. MLS #2156102.
3BD/—BA Residential in Park City, UT 84060. 2,147 sqft. Built 2005. Listed at $3,999,999. MLS #2156102.
Stairway to Heaven. Perfectly positioned in the heart of Old Town, this exceptional home offers a rare private walkway and staircase directly to Park City Mountain-an experience few properties can match. With skiing just steps away and Main Street within easy reach, the location is truly unmatched. Thoughtfully designed with 3 bedrooms and 4 bathrooms, the home is filled with warmth, character, and intention. Three expansive decks capture breathtaking views, while three fireplaces create inviting spaces to gather and unwind. Inside, rich materials and distinctive design elements-such as the striking concrete wall and beautifully crafted kitchen with concrete countertops-give the home a refined, one-of-a-kind feel. Large balconies with folding door systems seamlessly connect indoor and outdoor living, allowing you to fully enjoy the surrounding mountain setting. After a day on the slopes, relax in the private hot tub or return to the comfort of your heated garage. Two street parking passes in Zone G, one for the owner and one for a guest is also included. This is a home that has been deeply cared for and thoughtfully curated-offering an extraordinary combination of design, setting, and lifestyle in one of Park City's most sought-after locations. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Tri/Multi-Level
Stories
4
Subdivision
RESIDENCES AT KINGS CROWN CONDOMINIUM
County
Summit
Zoning
Single-Family
Construction
Cement Siding,Metal Siding
Lot Size
0.05 sq ft
Above Grade Area
2,147 sq ft
Condition
Blt./Standing
MLS #
2156102
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Tri/Multi-Level
Stories
4
Subdivision
RESIDENCES AT KINGS CROWN CONDOMINIUM
County
Summit
Zoning
Single-Family
Construction
Cement Siding,Metal Siding
Lot Size
0.05 sq ft
Above Grade Area
2,147 sq ft
Condition
Blt./Standing
MLS #
2156102
List Price
$3,999,999
HOA Fees
$329 / Monthly
Annual Taxes
$12,535
Home Warranty
No
List Price
$3,999,999
HOA Fees
$329 / Monthly
Annual Taxes
$12,535
Home Warranty
No
Heating
Forced Air,Gas: Central,Radiant Floor
Cooling
Central Air
Roof
Wood,Membrane
Flooring
Carpet,Hardwood,Tile
Basement
Slab
Materials
Cement Siding,Metal Siding
Appliances
Ceiling Fan,Dryer,Microwave,Range Hood,Refrigerator,Washer,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Heating
Forced Air,Gas: Central,Radiant Floor
Cooling
Central Air
Roof
Wood,Membrane
Flooring
Carpet,Hardwood,Tile
Basement
Slab
Materials
Cement Siding,Metal Siding
Appliances
Ceiling Fan,Dryer,Microwave,Range Hood,Refrigerator,Washer,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Garage Spaces
1
Covered Spaces
1
Total Parking
5
Garage Spaces
1
Covered Spaces
1
Total Parking
5
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
95/100
vs Similar Homes
22% below
vs Market Median
49% above
Area Growth (YoY)
-4.5%
Deal Score Breakdown
95/100 · 1 qualifying signal
Priced 22% below the median of similar listings
Priced 49% above the per-subtype city median
-4.5% year-over-year ZHVI growth in this area
LT net cashflow -$20,301/mo (-76.2% return on ownership cost) · STR net cashflow -$22,348/mo (-83.9% 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
$7,203/mo
Range: $5,328 – $9,077
Net Monthly Cash Flow
−$20,300 /mo (−$243,604/yr)
Monthly rental income
Monthly ownership cost
Coverage
27%
Net /mo
−$20,301
DSCR
0.32
Est. Annual Revenue
$73,571/yr
$671/night · 38% occupancy · $249/bedroom · $1.03/sqft
Net Monthly Cash Flow
−$22,348 /mo (−$268,181/yr)
Monthly STR income
Monthly ownership cost
Coverage
23%
Net /mo
−$22,348
DSCR
0.22
Best Download
2 Gbps
Best Upload
2 Gbps
Fiber Available
No
Providers
9
Available Providers
$1,900,000
+111% vs median
82 days
467
$14,000 – $30,500,000
$12,535
$329/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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