4123 FORESTDALE, Park City, UT 84098
—BD/—BA Residential in Park City, UT 84098. 4,685 sqft. Built 2023. Listed at $1,750,000. MLS #2160777.
—BD/—BA Residential in Park City, UT 84098. 4,685 sqft. Built 2023. Listed at $1,750,000. MLS #2160777.
Altitude Lofts represents the pinnacle of Park City flex space, and this to-be-improved unit is the ultimate expression of that vision. Every inch of its ~30' 60' footprint is maximized, fully utilizing the allowed square footage across three levels with designer finishes and premium materials throughout. Sagewood Builders has completed other impressive interior buildouts within the project, and will deliver a finished unit to impress the most discerning buyers. No compromises and no construction headaches, just a turnkey LIVE-WORK-PLAY environment crafted to the highest standard, available for completion within 2026. Situated in the heart of the Forestdale corridor, ideally positioned between I-80 and SR-248 off HWY-40's frontage road, this Service Commercial (SC) zoned property delivers the rare combination of versatility and luxury. In addition, to being one of the larger spaces in the development, it also features an oversized 14' tall garage door and has been granted a Conditional Use Permit (CUP) for an Employee Dwelling Unit (EDU). Building permits are ready- Sagewood Builders can start construction upon your closing!
Property Type
Residential
Property Style
Condominium
Stories
1
Subdivision
ALTITUDE LOFT CONDOMINIUMS
County
Summit
Construction
Stucco,Metal Siding,Other
Lot Size
0.03 sq ft
Above Grade Area
4,685 sq ft
Condition
Blt./Standing
MLS #
2160777
Property Type
Residential
Property Style
Condominium
Stories
1
Subdivision
ALTITUDE LOFT CONDOMINIUMS
County
Summit
Construction
Stucco,Metal Siding,Other
Lot Size
0.03 sq ft
Above Grade Area
4,685 sq ft
Condition
Blt./Standing
MLS #
2160777
List Price
$1,750,000
HOA Fees
$2,550 / Quarterly
Annual Taxes
$7,982
Home Warranty
No
List Price
$1,750,000
HOA Fees
$2,550 / Quarterly
Annual Taxes
$7,982
Home Warranty
No
Roof
Flat,Membrane
Basement
None
Materials
Stucco,Metal Siding,Other
Patio & Porch
Patio: Open
View
Mountain(s)
Roof
Flat,Membrane
Basement
None
Materials
Stucco,Metal Siding,Other
Patio & Porch
Patio: Open
View
Mountain(s)
Garage Spaces
3
Covered Spaces
3
Total Parking
3
Garage Spaces
3
Covered Spaces
3
Total Parking
3
Why this is a deal
Classification
Great Deal (vs Market)
Deal Score
100/100
vs Market Median
69% below
Area Growth (YoY)
-3.7%
Deal Score Breakdown
100/100 · 2 qualifying signals
Priced 69% below the per-subtype city median
LT net cashflow +$2,826/mo (+22.4% return on ownership cost) · STR net cashflow -$10,119/mo (-80.1% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
-3.7% year-over-year ZHVI growth in this area
No price reduction from original list
Not enough comparable listings
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
$17,568/mo
Range: $9,565 – $25,571
Net Monthly Cash Flow
+$2,827 /mo (+$33,923/yr)
Monthly rental income
Monthly ownership cost
Coverage
139%
Net /mo
+$2,826
DSCR
1.76
Est. Annual Revenue
$43,102/yr
$398/night · 44% occupancy · $113/bedroom · $0.15/sqft
Net Monthly Cash Flow
−$10,119 /mo (−$121,431/yr)
Monthly STR income
Monthly ownership cost
Coverage
28%
Net /mo
−$10,119
DSCR
0.29
Elementary
South SummitMiddle School
South SummitHigh School
South SummitSchool District
South Summit
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
10
Available Providers
$1,875,000
-7% vs median
77 days
616
$24,900 – $55,000,000
$7,982
$2,550/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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