3021 ARABIAN, Park City, UT 84060
5BD/—BA Residential in Park City, UT 84060. 3,999 sqft. Built 1980. Listed at $3,750,000. MLS #2160471.
5BD/—BA Residential in Park City, UT 84060. 3,999 sqft. Built 1980. Listed at $3,750,000. MLS #2160471.
Heart of Park Meadows Living with Expansive Backyard and 3-Car Garage Located in the heart of Park Meadows, 3021 Arabian Drive offers the rare combination of in-town convenience, functional mountain living, and exceptional neighborhood appeal. Surrounded by mature landscaping and positioned within one of Park City's most established residential communities, this home provides easy access to skiing, Main Street, schools, hiking and biking trails, and year-round recreation. Designed for both everyday living and entertaining, the residence features a comfortable and functional floor plan with generous gathering spaces, natural light, and seamless indoor-outdoor connectivity. Expansive windows frame mountain and neighborhood views while creating a warm and inviting atmosphere throughout the home. One of the property's standout features is the fantastic and expansive backyard, offering an increasingly rare amount of usable outdoor space within Park Meadows. Whether enjoying summer evenings, entertaining guests, creating additional recreation space, or simply taking in the peaceful setting, the backyard provides exceptional privacy, flexibility, and year-round enjoyment. The property offers the lifestyle today's Park City buyers continue to seek: a move-in ready home with privacy, livability, and close proximity to all of Park City's amenities without sacrificing the feel of a quiet residential neighborhood. Spacious living areas, well-appointed bedroom suites, and multiple outdoor spaces make the home equally well suited for full-time living or a mountain retreat. A highly desirable 3-car garage provides ample space for vehicles, mountain gear, and recreational storage, adding to the home's overall functionality and year-round usability. 3021 Arabian Drive represents an outstanding opportunity to own a well-positioned home in one of Park City's most sought-after in-town neighborhoods.
Property Type
Residential
Property Style
Single Family Residence
Stories
3
Subdivision
PARK MEADOWS
County
Summit
Zoning
Single-Family
Construction
Frame
Lot Size
0.4 sq ft
Above Grade Area
2,666 sq ft
Condition
Blt./Standing
MLS #
2160471
Property Type
Residential
Property Style
Single Family Residence
Stories
3
Subdivision
PARK MEADOWS
County
Summit
Zoning
Single-Family
Construction
Frame
Lot Size
0.4 sq ft
Above Grade Area
2,666 sq ft
Condition
Blt./Standing
MLS #
2160471
List Price
$3,750,000
Annual Taxes
$8,006
Home Warranty
No
List Price
$3,750,000
Annual Taxes
$8,006
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Walk-Out Access
Materials
Frame
Appliances
Microwave,Range Hood,Refrigerator,Water Softener Owned
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Walk-Out Access
Materials
Frame
Appliances
Microwave,Range Hood,Refrigerator,Water Softener Owned
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Garage Spaces
3
Covered Spaces
3
Total Parking
10
Garage Spaces
3
Covered Spaces
3
Total Parking
10
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
85/100
vs Similar Homes
16% below
vs Market Median
12% above
Area Growth (YoY)
-3.5%
Deal Score Breakdown
85/100 · 1 qualifying signal
Priced 16% below the median of similar listings
Priced 12% above the per-subtype city median
-3.5% year-over-year ZHVI growth in this area
LT net cashflow -$13,754/mo (-55.8% return on ownership cost) · STR net cashflow -$20,829/mo (-84.4% 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
$12,403/mo
Range: $10,404 – $14,402
Net Monthly Cash Flow
−$13,754 /mo (−$165,044/yr)
Monthly rental income
Monthly ownership cost
Coverage
50%
Net /mo
−$13,754
DSCR
0.57
Est. Annual Revenue
$65,823/yr
$397/night · 39% occupancy · $132/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$20,829 /mo (−$249,953/yr)
Monthly STR income
Monthly ownership cost
Coverage
22%
Net /mo
−$20,829
DSCR
0.20
$1,900,000
+97% vs median
82 days
538
$24,900 – $55,000,000
$8,006
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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