4554 FORESTDALE, Park City, UT 84098
2BD/—BA Residential in Park City, UT 84098. 3,600 sqft. Built 2021. Listed at $2,450,000. MLS #2156290.
2BD/—BA Residential in Park City, UT 84098. 3,600 sqft. Built 2021. Listed at $2,450,000. MLS #2156290.
Experience one of the premier finished flex space opportunities within the development at 4554 N Forestdale Drive #F39. Originally designed and built by renowned Alder & Tweed Interior Design, this approximately 3,600-square-foot luxury flex unit seamlessly blends warehouse functionality with elevated showroom-quality finishes rarely found in today's market. What truly sets this offering apart is the Seller's willingness to execute a leaseback above current comparable lease rates, creating a compelling investor opportunity with projected cap rates exceeding 5%. For buyers seeking immediate cash flow combined with long-term appreciation potential, this property delivers a rare combination of income, flexibility, and premium design. The main level features a 14-foot oversized garage door, warehouse/storage space, finished offices, a designer bathroom, and an impressive conference room ideal for client meetings and team collaboration. Upstairs, the space transforms into a true showpiece with luxury showroom-level finishes currently utilized as executive office space. The upper level includes a statement kitchen with top-tier appliances and custom finishes, three spacious office or bedroom areas, and two additional private rooms ideal for confidential meetings, podcasting, calls, or executive workspaces. A significant portion of the property's value is tied directly to the extensive custom built-ins and high-end improvements installed by Alder & Tweed creating a level of finish, functionality, and design sophistication that would be exceptionally costly to replicate today. Ideal for investors, business owners, creative firms, automotive enthusiasts, or buyers seeking a premium live/work-style environment within the Park City market.
Property Type
Residential
Property Style
Condominium
Stories
2
Subdivision
PARK EAST II
County
Summit
Zoning
Single-Family, Commercial
Construction
Stucco
Lot Size
0.04 sq ft
Above Grade Area
3,600 sq ft
MLS #
2156290
Property Type
Residential
Property Style
Condominium
Stories
2
Subdivision
PARK EAST II
County
Summit
Zoning
Single-Family, Commercial
Construction
Stucco
Lot Size
0.04 sq ft
Above Grade Area
3,600 sq ft
MLS #
2156290
List Price
$2,450,000
HOA Fees
$1,260 / Quarterly
Annual Taxes
$8,194
Home Warranty
No
List Price
$2,450,000
HOA Fees
$1,260 / Quarterly
Annual Taxes
$8,194
Home Warranty
No
Basement
None
Materials
Stucco
Water Source
Culinary
Sewer
Sewer: Available,Sewer: Public
View
Mountain(s),Valley
Basement
None
Materials
Stucco
Water Source
Culinary
Sewer
Sewer: Available,Sewer: Public
View
Mountain(s),Valley
Garage Spaces
5
Covered Spaces
5
Total Parking
5
Garage Spaces
5
Covered Spaces
5
Total Parking
5
Elementary
South SummitMiddle School
South SummitHigh School
South SummitSchool District
South Summit
$1,900,000
+29% vs median
82 days
467
$14,000 – $30,500,000
$8,194
$1,260/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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