3206 SADDLEBACK RIDGE, Park City, UT 84098
4BD/—BA Residential in Park City, UT 84098. 5,450 sqft. Built 2007. Listed at $5,249,000. MLS #2158686.
4BD/—BA Residential in Park City, UT 84098. 5,450 sqft. Built 2007. Listed at $5,249,000. MLS #2158686.
Exceptional Promontory Residence with Panoramic Views and Golf Membership Available. Located in the prestigious Signal Hill neighborhood of Promontory Club, 3206 Saddleback Ridge Drive is a striking mountain contemporary residence designed by renowned Upwall Design. Positioned along the 3rd hole of the Pete Dye Canyon Course, this luxury Promontory home captures expansive panoramic views of Deer Valley, Park City Mountain Resort, the Wasatch Range, and surrounding golf course landscapes. This thoughtfully designed 4-bedroom, 6-bathroom home blends refined architecture with warm mountain finishes and seamless indoor-outdoor living. Expansive windows frame the dramatic mountain and golf course views while filling the home with natural light throughout the day. The open-concept floor plan was designed for both entertaining and everyday comfort, featuring multiple gathering spaces, a chef's kitchen, spacious bedroom suites, and exceptional outdoor living areas ideal for enjoying Promontory's four-season lifestyle. The home also features a highly desirable 4-car garage to accommodate a range of cars and gear. Additionally, the home is equipped with nearly 1,000 square feet of unfinished space, offering exceptional flexibility. A full golf membership is available separately, offering access to Promontory Club's world-class amenities, including championship golf courses, private ski lodges, dining, fitness facilities, spa, beach club, equestrian amenities, tennis, pickleball, and extensive year-round recreational experiences. With premier Dye Course frontage, exceptional views, sought-after Upwall Design architecture, and access to a full golf membership, 3206 Saddleback Ridge Drive represents a rare opportunity to own a luxury golf property in one of Park City's premier private club communities.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Tri/Multi-Level
Stories
3
Subdivision
SIGNAL HILL
County
Summit
Zoning
Single-Family
Construction
Stone,Other
Lot Size
0.84 sq ft
Above Grade Area
4,090 sq ft
Condition
Blt./Standing
MLS #
2158686
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Tri/Multi-Level
Stories
3
Subdivision
SIGNAL HILL
County
Summit
Zoning
Single-Family
Construction
Stone,Other
Lot Size
0.84 sq ft
Above Grade Area
4,090 sq ft
Condition
Blt./Standing
MLS #
2158686
List Price
$5,249,000
HOA Fees
$1,500 / Quarterly
Annual Taxes
$25,736
Home Warranty
No
List Price
$5,249,000
HOA Fees
$1,500 / Quarterly
Annual Taxes
$25,736
Home Warranty
No
Heating
Forced Air,Gas: Radiant,Radiant Floor
Cooling
Central Air
Roof
Asphalt,Pitched
Flooring
Carpet,Hardwood,Tile,Slate
Basement
Walk-Out Access
Materials
Stone,Other
Appliances
Dryer,Microwave,Range Hood,Refrigerator,Washer,Water Softener Owned
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Patio & Porch
Covered,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Heating
Forced Air,Gas: Radiant,Radiant Floor
Cooling
Central Air
Roof
Asphalt,Pitched
Flooring
Carpet,Hardwood,Tile,Slate
Basement
Walk-Out Access
Materials
Stone,Other
Appliances
Dryer,Microwave,Range Hood,Refrigerator,Washer,Water Softener Owned
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Patio & Porch
Covered,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Garage Spaces
5
Covered Spaces
5
Total Parking
5
Garage Spaces
5
Covered Spaces
5
Total Parking
5
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
75/100
vs Similar Homes
15% below
vs Market Median
5% above
Area Growth (YoY)
-2.5%
Deal Score Breakdown
75/100 · 1 qualifying signal
Priced 15% below the median of similar listings
Priced 5% above the per-subtype city median
-2.5% year-over-year ZHVI growth in this area
LT net cashflow -$22,645/mo (-62.5% return on ownership cost) · STR net cashflow -$34,472/mo (-95.1% 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
$15,449/mo
Range: $10,618 – $20,281
Net Monthly Cash Flow
−$22,645 /mo (−$271,745/yr)
Monthly rental income
Monthly ownership cost
Coverage
43%
Net /mo
−$22,645
DSCR
0.51
Est. Annual Revenue
$30,307/yr
$398/night · 44% occupancy · $113/bedroom · $0.15/sqft
Net Monthly Cash Flow
−$34,473 /mo (−$413,674/yr)
Monthly STR income
Monthly ownership cost
Coverage
7%
Net /mo
−$34,472
DSCR
0.07
Elementary
South SummitMiddle School
South SummitHigh School
South SummitSchool District
South Summit
Best Download
1 Gbps
Best Upload
1 Gbps
Fiber Available
Yes
Providers
9
Available Providers
$1,900,000
+176% vs median
82 days
538
$24,900 – $55,000,000
$25,736
$1,500/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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