3576 RIDGELINE, Park City, UT 84098
5BD/—BA Residential in Park City, UT 84098. 3,797 sqft. Built 2021. Listed at $4,599,000. MLS #2160002.
5BD/—BA Residential in Park City, UT 84098. 3,797 sqft. Built 2021. Listed at $4,599,000. MLS #2160002.
This five bedroom ski and golf townhome in Canyons Village has been freshly painted, is offered fully turnkey, and is ready for immediate enjoyment. Located just steps from the Sunrise 10 Person Gondola, the residence offers convenient ski in access along with close proximity to dining, shopping, and aprs ski at Pendry Plaza. While in the heart of the village, the home backs to a quiet no through street and captures mountain views from many rooms, creating a rare balance of energy and privacy. Thoughtfully designed to accommodate both large groups and multiple parties, the layout emphasizes exceptional separation of space, making it especially appealing for short term rentals and maximizing income potential. Dual primary suites on the main and upper levels provide flexibility and privacy for owners or premium guests. Two additional guest bedrooms, including one en suite, are positioned to offer comfort and independence, while the lower level features a spacious bunk room with a dual vanity ensuite bath that is ideal for larger groups or families. Multiple living areas on different levels allow guests to spread out and enjoy the home without feeling crowded, a key advantage for both entertaining and rental performance. A glass enclosed walkway leads to a versatile flex space, perfect for a home office, media room, or creative studio. At the center of the home, a dramatic two story limestone fireplace anchors the main living area, complemented by soaring ceilings, white oak flooring, steel beam accents, and curated designer furnishings. The chef's kitchen is equipped with Wolf appliances and a 12 foot island for preparation and casual dining, flowing seamlessly into a formal dining area surrounded by panoramic mountain views. The main level opens directly to an oversized hot tub and patio with outdoor speakers, creating a true aprs ski experience that guests will seek out. The lower level is designed for entertainment as well, featuring a bar area, poker table, pool table, and media lounge. Smart home features include Lutron lighting, electronic shades, integrated sound, and a security system. Laundry rooms on two levels add convenience for both owners and guests, and the heated two car garage includes custom cabinetry and an EV charging outlet. This well designed mountain retreat combines luxury, functionality, and a layout that supports strong rental demand, all in one of the most desirable locations for year round enjoyment.
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-end
Stories
3
Subdivision
THE RIDGE AT CANYONS
County
Summit
Zoning
Single-Family, Short Term Rental Allowed
Construction
Cedar,Metal Siding
Lot Size
0.09 sq ft
Above Grade Area
2,532 sq ft
Condition
Blt./Standing
MLS #
2160002
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-end
Stories
3
Subdivision
THE RIDGE AT CANYONS
County
Summit
Zoning
Single-Family, Short Term Rental Allowed
Construction
Cedar,Metal Siding
Lot Size
0.09 sq ft
Above Grade Area
2,532 sq ft
Condition
Blt./Standing
MLS #
2160002
List Price
$4,599,000
HOA Fees
$3,843 / Quarterly
Annual Taxes
$23,006
Home Warranty
No
List Price
$4,599,000
HOA Fees
$3,843 / Quarterly
Annual Taxes
$23,006
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Composition,Metal
Flooring
Carpet,Hardwood,Tile
Basement
Full,Slab
Materials
Cedar,Metal Siding
Appliances
Dryer,Microwave,Range Hood,Refrigerator,Washer,Water Softener Owned
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Composition,Metal
Flooring
Carpet,Hardwood,Tile
Basement
Full,Slab
Materials
Cedar,Metal Siding
Appliances
Dryer,Microwave,Range Hood,Refrigerator,Washer,Water Softener Owned
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Garage Spaces
2
Covered Spaces
2
Total Parking
4
Garage Spaces
2
Covered Spaces
2
Total Parking
4
Classification
Standard
Deal Score
10/100
vs Similar Homes
30% above
vs Market Median
141% above
Area Growth (YoY)
-3.5%
Deal Score Breakdown
10/100
Priced 30% above the median of similar listings
Priced 141% above the per-subtype city median
-3.5% year-over-year ZHVI growth in this area
LT net cashflow -$22,610/mo (-69.3% return on ownership cost) · STR net cashflow -$28,911/mo (-88.6% 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.
Monthly Rent
$11,390/mo
Range: $7,646 – $15,134
Net Monthly Cash Flow
−$22,611 /mo (−$271,328/yr)
Monthly rental income
Monthly ownership cost
Coverage
35%
Net /mo
−$22,610
DSCR
0.43
Est. Annual Revenue
$63,808/yr
$397/night · 39% occupancy · $132/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$28,910 /mo (−$346,924/yr)
Monthly STR income
Monthly ownership cost
Coverage
16%
Net /mo
−$28,911
DSCR
0.16
Best Download
2 Gbps
Best Upload
1 Gbps
Fiber Available
Yes
Providers
10
Available Providers
$1,900,000
+142% vs median
82 days
538
$24,900 – $55,000,000
$23,006
$3,843/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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