Question 1

What is the asking price for 1940 PROSPECTOR, Park City?

Accepted Answer

1940 PROSPECTOR, Park City is listed at $265,000 ($946/sqft).  This listing is currently active and available for showings.

Question 2

How many bedrooms and bathrooms does 1940 PROSPECTOR, Park City have?

Accepted Answer

This Residential features 1 bathroom, 280 square feet of living space. It is a 1-story home. The lot is 0.1 acres.

Question 3

When was 1940 PROSPECTOR, Park City built?

Accepted Answer

This property was built in 1988, making it 38 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 1940 PROSPECTOR, Park City?

Accepted Answer

1940 PROSPECTOR, Park City is a Residential (Condominium). The architectural style is Condo; Studio. It is located in the CARRIAGE HOUSE CONDOMINIUMS subdivision. Zoning: Single-Family, Short Term Rental Allowed.

Question 5

Is there an HOA for 1940 PROSPECTOR, Park City?

Accepted Answer

Yes, this property is part of a homeowners association. HOA fees are $286 monthly. HOA fees typically cover shared amenities, landscaping, and community maintenance.

Question 6

What are the property taxes for 1940 PROSPECTOR, Park City?

Accepted Answer

Annual property taxes for this property are approximately $1,466 (about $122/month). This represents an effective tax rate of approximately 0.55% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 7

What are the key features of 1940 PROSPECTOR, Park City?

Accepted Answer

Exterior features include: Patio: Covered, Secured Building, Sliding Glass Doors.  Private pool included.

Question 8

Is 1940 PROSPECTOR, 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 85/100. Key deal signals: Priced 16% below similar homes. The price is 16% 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 $314,000 (based on 10 homes). At $265,000, this listing is 16% below the median for comparable homes. It ranks #Below Similar among similar listings by value.

Question 10

What would the monthly mortgage payment be for 1940 PROSPECTOR, Park City?

Accepted Answer

At the current 30-year mortgage rate of 6.66% with 20% down, the estimated monthly principal and interest payment is $1,362. Including estimated taxes and HOA fees, the total monthly cost is approximately $1,770. A 15-year mortgage at 6.04% would be $1,794/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 11

How long has 1940 PROSPECTOR, Park City been on the market?

Accepted Answer

This property has been listed for 98 days. The average days on market in Park City is 75 days, meaning this listing is taking longer than the local average. Extended time on market may present negotiation opportunities for buyers.

Question 12

Is 1940 PROSPECTOR, Park City a good investment property?

Accepted Answer

Based on market rental data, this property has an estimated annual rent of $13,124 with a gross rental yield of 5.0%. Net rental yield (after estimated expenses): 3.2%.  Estimated debt service coverage ratio (DSCR): 0.71. Investor score: 35/100. These are estimates based on area comparables.

Question 13

What is the estimated rental income for 1940 PROSPECTOR, Park City?

Accepted Answer

Based on area comparables, the estimated monthly rent for this property is $1,094 ($13,128/year). The gross rent multiplier is 20.2x (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 1940 PROSPECTOR, Park City offer?

Accepted Answer

Propaired's AI has identified 9 lifestyle features for this property: Pool, ADU/Multigenerational, Near Ski Resort, Luxury Estate, Gated Community, Hot Tub/Spa, Investor Special, Historic/Character, Bikeable. The primary lifestyle niche is "luxury_estate." These tags are derived from MLS data, property features, and location analysis.

Question 15

Is 1940 PROSPECTOR, Park City near skiing?

Accepted Answer

Yes, this property is close to skiing. Deer Valley Resort is 3.5 miles away. Utah's world-class resorts offer 500+ inches of annual snowfall and "The Greatest Snow on Earth."

Question 16

Does 1940 PROSPECTOR, Park City have a pool?

Accepted Answer

Yes, this property includes a private pool. A hot tub/spa is also included. Utah summers can reach 100°F+, making a pool a valuable amenity. Consider seasonal maintenance costs of approximately $2,000-$4,000/year for a Utah pool.

Question 17

What makes 1940 PROSPECTOR, Park City a luxury property?

Accepted Answer

This property is classified as a luxury estate based on its price point, features, and location. At 280 sqft on 0.1 acres, it offers premium living. Located in a gated community for added privacy and security.   Luxury properties in Utah benefit from no state estate tax and relatively low property tax rates.

Question 18

What recreation is near 1940 PROSPECTOR, Park City?

Accepted Answer

This property has a recreation score of 77/100. Nearby recreation includes: Rail Trail (Bonanza) trailhead (0.2 mi); Ball Park park (0.4 mi); Park Meadows Country Club (1.0 mi); Historic Union Pacific Rail Trail SP (1.2 mi). Skiing: Deer Valley Resort (3.5 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.

Question 19

Are there hiking trails near 1940 PROSPECTOR, Park City?

Accepted Answer

Yes, the nearest trailhead is Rail Trail (Bonanza), just 0.2 miles from the property. Historic Union Pacific Rail Trail SP is 1.2 miles away. Utah has over 10,000 miles of hiking trails across its diverse terrain, from desert canyons to alpine meadows.

Question 20

What amenities and services are near 1940 PROSPECTOR, Park City?

Accepted Answer

This property has an amenity proximity score of 67/100. Nearby services include: Grocery: Anaya's Market Park City (4.9 mi); Hospital: Intermountain Health Park City Hospital (2.2 mi); Pharmacy: Ridley's Pharmacy #1171 (10.5 mi); Dining: Molina's Mexican Kitchen (3.4 mi). Gas station: 4.0 miles. Gym: Park City Fit (2.5 mi).

Question 21

How far is the nearest hospital from 1940 PROSPECTOR, Park City?

Accepted Answer

The nearest hospital is Intermountain Health Park City Hospital, approximately 2.2 miles from the property. The nearest fire station is 4.4 miles away. Proximity to emergency services is an important safety factor for homebuyers.

Question 22

What schools serve 1940 PROSPECTOR, Park City?

Accepted Answer

Assigned schools: Elementary: McPolin; Middle: Ecker Hill; High: Park City. There are 1 schools within 3 miles of this property. The highest-rated nearby school is Park City High with a 64% state performance score (0.3 miles away). School district: Park City.

Question 23

What high school is near 1940 PROSPECTOR, 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 24

What elementary school is near 1940 PROSPECTOR, Park City?

Accepted Answer

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

Question 25

What middle school is near 1940 PROSPECTOR, Park City?

Accepted Answer

The nearest middle school is Ecker Hill.

Question 26

What is the internet speed at 1940 PROSPECTOR, Park City?

Accepted Answer

This property has a broadband score of 100/100 (Excellent). Best available speed: 2000 Mbps download / 1000 Mbps upload. Fiber internet is available at this address. Available providers: AT&T (100 Mbps, Fixed Wireless); All West/Utah Inc. (1000 Mbps, Fiber); CenturyLink (100 Mbps, DSL). Total providers: 10.

Question 27

Is 1940 PROSPECTOR, 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 28

How does this listing compare to the Park City market?

Accepted Answer

1940 PROSPECTOR, Park City is listed at $265,000, which is below the Park City median of $1,875,000 by $1,610,000. There are currently 640 active listings in Park City. Homes in Park City sell in an average of 75 days. The average sale-to-list ratio is 97.2%.

Question 29

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

Accepted Answer

In 2026, the median home price in Park City is $1,875,000. There are currently 640 active listings. Homes sell in an average of 75 days. The average sale-to-list ratio is 97.2%. This listing at $265,000 is below the Park City 2026 median.

Question 30

Are there other homes for sale in Park City?

Accepted Answer

Yes — there are currently 640 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 $1,875,000. Homes in Park City are selling in about 75 days on average.

Question 31

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 32

How does this price compare to the Utah state average?

Accepted Answer

At $265,000, this property is below the Utah state median of $525,000 by $260,000. Park City prices are 257% 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 33

What is the Propaired intelligence score for 1940 PROSPECTOR, Park City?

Accepted Answer

This property has a Propaired intelligence score of 71/100, combining deal value (85), recreation access (77), amenity proximity (67), broadband quality (100), and lifestyle features (9 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 34

What heating and cooling systems does 1940 PROSPECTOR, Park City have?

Accepted Answer

Heating: Heat Pump. Cooling: Heat Pump,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 35

Does 1940 PROSPECTOR, 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 36

What are the water and sewer connections for 1940 PROSPECTOR, Park City?

Accepted Answer

Sewer: Sewer: Available,Sewer: Public.  Municipal sewer service means no septic maintenance costs. Water is a critical consideration in Utah's arid climate.

Question 37

What is the commute like from 1940 PROSPECTOR, Park City?

Accepted Answer

1940 PROSPECTOR, 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 38

What shopping and dining is near 1940 PROSPECTOR, Park City?

Accepted Answer

The nearest restaurant is Molina's Mexican Kitchen (3.4 miles away) and the nearest grocery store is Anaya's Market Park City (4.9 miles). Coffee: Silver King Café (2.2 mi). Banking: Zions First National Bank (2.2 mi). Overall amenity proximity score: 67/100.

Question 39

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 40

What would homeowner's insurance cost for 1940 PROSPECTOR, 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 $265,000, expect approximately $795-$1,325/year ($66-$110/month).   Get multiple quotes — rates vary significantly by insurer.

Question 41

What are the estimated closing costs for 1940 PROSPECTOR, Park City?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $265,000, expect approximately $5,300-$13,250 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 42

How does the property tax compare to the list price at 1940 PROSPECTOR, Park City?

Accepted Answer

The annual property tax of $1,466 represents an effective rate of 0.55% relative to the list price of $265,000. This is below the Utah average effective rate of approximately 0.58%, which is favorable for the buyer. Property taxes in Utah are assessed by the county and can change when the property is sold.

Question 43

What are the total estimated monthly costs for 1940 PROSPECTOR, Park City?

Accepted Answer

Estimated total monthly housing cost: $1,858. This includes principal & interest ($1,362 at 6.66% with 20% down), property tax ($122/mo), HOA ($286/mo), and estimated insurance (~$88/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 44

Is 1940 PROSPECTOR, Park City eligible for FHA or VA financing?

Accepted Answer

At $265,000, this property is likely within FHA loan limits for most Utah counties. VA loans have no price cap but require VA eligibility.    Consult a mortgage lender for personalized eligibility.

Question 45

What is the estimated cap rate for 1940 PROSPECTOR, Park City?

Accepted Answer

The estimated cap rate (net rental yield) for this property is 3.2%, based on estimated annual rent of $13,124 and a purchase price of $265,000. Lower cap rates often indicate appreciation-focused markets where property values are expected to rise.

Question 46

Is Park City a good rental market?

Accepted Answer

Estimated monthly rent in Park City is approximately $882. Homes in Park City sell in an average of 75 days, indicating moderate demand in this market. There are 640 active listings currently. Gross rental yield in this area: 5.0%. Utah's steady population growth continues to drive rental demand.

Question 47

Could 1940 PROSPECTOR, Park City be a 1031 exchange property?

Accepted Answer

Yes, 1940 PROSPECTOR, 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 48

How does 1940 PROSPECTOR, Park City compare to recently sold homes nearby?

Accepted Answer

Based on 10 comparable properties, the median sold price in this area is $314,000. This listing is 16% below the comparable median. It ranks Below Similar among similar listings by value. The median for this property type specifically is $810,000. Comparable analysis is based on similar size, age, and location.

Question 49

Is the Park City neighborhood appreciating in value?

Accepted Answer

Based on Zillow Home Value Index data, property values in this area have decreased 2.2% over the past year. The current Zillow Home Value Index for this area is $124,112. This listing is priced at 213% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 50

What is the price trend in Park City?

Accepted Answer

Park City's median price has increased 14.7% month-over-month. Current median: $1,875,000. Days on market have decreased by 22.8% month-over-month. Homes are selling at 97.2% of list price on average. Monitor these trends to time your offer strategically.

Question 51

Is 1940 PROSPECTOR, Park City overpriced or underpriced?

Accepted Answer

Propaired's AI classifies this property as "Great Deal (vs Similar)." At 16% below comparable homes, this property appears competitively priced. Deal score: 85/100. Always confirm with a local real estate professional who can provide a comparative market analysis.

Question 52

What school district is 1940 PROSPECTOR, Park City in?

Accepted Answer

This property is in the Park City school district. Assigned elementary: McPolin. 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 53

What parks are near 1940 PROSPECTOR, Park City?

Accepted Answer

The nearest local park is Ball Park (0.4 miles away). The nearest state park is Historic Union Pacific Rail Trail SP (1.2 miles).  Parks and green spaces contribute to quality of life and are a positive factor for property values.

Question 54

Is there a golf course near 1940 PROSPECTOR, Park City?

Accepted Answer

The nearest golf course is Park Meadows Country Club, 1.0 miles from the property. Utah has over 80 golf courses statewide with a season running from March through November in most areas. Close proximity to a golf course is a desirable feature that can enhance property value.

Question 55

What water activities are near 1940 PROSPECTOR, Park City?

Accepted Answer

Water recreation near this property includes: Jordanelle Reservoir (5.9 mi); boat ramp at Jordanelle State Park-Hailstone North (4.9 mi); fishing at Weber River (17.0 mi).  Utah offers diverse water recreation from mountain reservoirs to desert lakes. Popular activities include boating, kayaking, paddle boarding, and fishing — a Utah fishing license is required for anglers.

Question 56

Is 1940 PROSPECTOR, Park City move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 57

What updates might 1940 PROSPECTOR, Park City need?

Accepted Answer

At 38 years old, common updates to consider include: roof replacement (if original), HVAC system update, electrical panel upgrade, water heater replacement.  Current heating: Heat Pump. 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 58

Does 1940 PROSPECTOR, 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 59

What is the lot like at 1940 PROSPECTOR, Park City?

Accepted Answer

The lot is 0.1 acres.     Lot characteristics affect usability, privacy, and future improvement potential.

Question 60

What utilities are available at 1940 PROSPECTOR, Park City?

Accepted Answer

Available utilities include: Electricity Available,Sewer Available,Sewer: Public,Water Available.  Sewer: Sewer: Available,Sewer: Public. 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.

Question 61

Is there EV charging near 1940 PROSPECTOR, Park City?

Accepted Answer

The nearest EV charging station is Blink Charging Station, approximately 2.1 miles from the property. A home EV charger can be installed if 240V electrical service is available. Utah offers a growing EV charging network along major corridors and in urban centers. Convenient public charging is available nearby for supplemental needs.

Question 62

Is 1940 PROSPECTOR, Park City a historic or character home?

Accepted Answer

This property has been identified as a historic or character home, meaning it features distinctive architectural details, craftsmanship, or historical significance. Built in 1988, it represents mid-century design elements. Architectural style: Condo; Studio. Historic homes may qualify for preservation tax credits. Consider potential limitations on exterior modifications if in a historic district.

1940 PROSPECTOR, Park City, UT 84060

1940 PROSPECTOR AVE #128, Park City, UT 84060

About This Property

Features & Amenities

Property Info

Financial

Structure & Systems

Parking

Property Intelligence

Lifestyle

Flood Zone

Deal Analysis

Investment Potential

Long-Term Rental

Short-Term Rental

Schools

Recreation & Amenities

Recreation NearbyScore: 77/100

Amenities NearbyScore: 67/100

Internet & Connectivity

All Property Details

Property Info

Bedrooms & Baths

Financial

Structure

Lot & Land

Parking

Amenities

Utilities

Schools

Timeline

Park City Market Context

Crime & Safety

Park City compared to:

vs National Average (FBI UCR 2024)

Connect with a Buyer’s Agent

Similar Homes

$295,000

$285,000

$275,000

$400,000

$320,000

Find Your Dream Home

Frequently Asked Questions

Discover

Recreation Nearby
Score: 77/100

Amenities Nearby
Score: 67/100