5405 BOBSLED, Park City, UT 84098
5BD/—BA Residential in Park City, UT 84098. 4,900 sqft. Built 2007. Listed at $2,350,000. MLS #2159801.
5BD/—BA Residential in Park City, UT 84098. 4,900 sqft. Built 2007. Listed at $2,350,000. MLS #2159801.
There's a certain ease to life here-the kind that begins the moment you walk through the door and see light pour across wide open spaces, vaulted ceilings, and warm hardwood floors. The home unfolds effortlessly, designed for both gathering and quiet retreat, with a seamless flow from the great room to a gourmet kitchen that invites everything from slow mornings to lively evenings. Step outside onto the expansive deck, which features a saltwater hot tub, backyard turf and a Trex deck. The setting truly reveals itself: sweeping views of surrounding ski resorts and the protected beauty of the Swaner Nature Preserve. With 5 bedrooms and 4 baths, the home offers space without compromise. The lower level adds flexibility with a fully functional mother-in-law apartment-ideal for guests, extended family, or a private retreat for teens. With nightly rentals allowed for the apartment or the entire home, it also opens the door to strong income potential without sacrificing lifestyle. There's more room to grow as well, with an additional 600 unfinished square feet ready to become whatever the next chapter calls for-a theater, extra bedroom, gym, or creative space. Set on .65 acres within Bear Hollow, the property offers direct access to walking, hiking, and biking trails, along with community amenities including a clubhouse, fitness center, pool, and hot tub. A three-car garage and easy proximity to Park City, Deer Valley, Canyons Village, and Salt Lake City complete the picture. This is a home that adapts to the way you live-whether that means full-time mountain living, a weekend escape, or an investment with flexibility built in.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Tri/Multi-Level
Stories
3
Subdivision
BEAR HOLLOW VILLAGE
County
Summit
Zoning
Single-Family
Construction
Asphalt,Cedar,Frame
Lot Size
0.65 sq ft
Above Grade Area
3,000 sq ft
Condition
Blt./Standing
MLS #
2159801
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Tri/Multi-Level
Stories
3
Subdivision
BEAR HOLLOW VILLAGE
County
Summit
Zoning
Single-Family
Construction
Asphalt,Cedar,Frame
Lot Size
0.65 sq ft
Above Grade Area
3,000 sq ft
Condition
Blt./Standing
MLS #
2159801
List Price
$2,350,000
HOA Fees
$308 / Monthly
Annual Taxes
$6,840
Home Warranty
Yes
List Price
$2,350,000
HOA Fees
$308 / Monthly
Annual Taxes
$6,840
Home Warranty
Yes
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Entrance,Full
Materials
Asphalt,Cedar,Frame
Appliances
Dryer,Microwave,Refrigerator,Washer
Laundry
Gas Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Entrance,Full
Materials
Asphalt,Cedar,Frame
Appliances
Dryer,Microwave,Refrigerator,Washer
Laundry
Gas Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Garage Spaces
3
Covered Spaces
3
Total Parking
8
Garage Spaces
3
Covered Spaces
3
Total Parking
8
Why this is a deal
Classification
Great Deal (vs Market)
Deal Score
97/100
vs Similar Homes
8% below
vs Market Median
28% below
Area Growth (YoY)
-2.0%
Deal Score Breakdown
97/100 · 2 qualifying signals
Priced 28% below the per-subtype city median
Priced 8% below the median of similar listings
LT net cashflow -$2,545/mo (-16.0% return on ownership cost) · STR net cashflow -$12,604/mo (-79.2% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
-2.0% year-over-year ZHVI growth in this area
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
$15,197/mo
Range: $12,748 – $17,647
Net Monthly Cash Flow
−$2,546 /mo (−$30,551/yr)
Monthly rental income
Monthly ownership cost
Coverage
96%
Net /mo
−$2,545
DSCR
1.12
Est. Annual Revenue
$56,830/yr
$397/night · 39% occupancy · $132/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$12,605 /mo (−$151,261/yr)
Monthly STR income
Monthly ownership cost
Coverage
30%
Net /mo
−$12,604
DSCR
0.28
Best Download
2 Gbps
Best Upload
2 Gbps
Fiber Available
Yes
Providers
10
Available Providers
$1,900,000
+24% vs median
82 days
538
$24,900 – $55,000,000
$6,840
$308/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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