405 SILVER KING, Park City, UT 84060
2BD/—BA Residential in Park City, UT 84060. 980 sqft. Built 1979. Listed at $1,325,000. MLS #2161320.
2BD/—BA Residential in Park City, UT 84060. 980 sqft. Built 1979. Listed at $1,325,000. MLS #2161320.
Newly remodeled, turnkey, and ready for enjoyment, this slopeside condo presents bright finishes and modern furnishings just steps from the world-class skiing of Park City Mountain. Interiors include plank flooring, maple cabinetry, quartz countertops and a fresh color palette providing a bright, open feel. The scenic deck overlooks lush pines and alpine foliage, within steps of 2 swimming pools, tennis/pickleball courts, fitness room, laundry, and private locker room where you can snap on your skis and go! When the day is done, park in the underground garage and take the free Park City busy to nearby restaurants, shops, festivals, and the excitement of Historic Main Street. A lifestyle retreat, a vacation haven, you can rent this property with easy on-site management and incredible revenue potential amid the alpine venues of the 2034 Olympic Winter Games!
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
Subdivision
SNOW FLOWER
County
Summit
Zoning
Multi-Family, Short Term Rental Allowed
Construction
Frame
Lot Size
0.02 sq ft
Above Grade Area
980 sq ft
Condition
Blt./Standing
MLS #
2161320
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
Subdivision
SNOW FLOWER
County
Summit
Zoning
Multi-Family, Short Term Rental Allowed
Construction
Frame
Lot Size
0.02 sq ft
Above Grade Area
980 sq ft
Condition
Blt./Standing
MLS #
2161320
List Price
$1,325,000
HOA Fees
$2,678 / Quarterly
Annual Taxes
$5,182
Home Warranty
Yes
List Price
$1,325,000
HOA Fees
$2,678 / Quarterly
Annual Taxes
$5,182
Home Warranty
Yes
Heating
Electric,Wall Furnace
Roof
Asphalt
Flooring
Carpet,Laminate
Basement
Slab
Materials
Frame
Appliances
Microwave,Refrigerator
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Electric,Wall Furnace
Roof
Asphalt
Flooring
Carpet,Laminate
Basement
Slab
Materials
Frame
Appliances
Microwave,Refrigerator
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Garage Spaces
1
Covered Spaces
1
Total Parking
2
Garage Spaces
1
Covered Spaces
1
Total Parking
2
Classification
Standard
Deal Score
10/100
vs Similar Homes
47% above
vs Market Median
33% above
Area Growth (YoY)
-6.2%
Deal Score Breakdown
10/100
Priced 47% above the median of similar listings
Priced 33% above the per-subtype city median
-6.2% year-over-year ZHVI growth in this area
LT net cashflow -$7,144/mo (-72.1% return on ownership cost) · STR net cashflow -$7,737/mo (-78.1% 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
$3,135/mo
Range: $2,807 – $3,463
Net Monthly Cash Flow
−$7,144 /mo (−$85,728/yr)
Monthly rental income
Monthly ownership cost
Coverage
32%
Net /mo
−$7,144
DSCR
0.41
Est. Annual Revenue
$37,139/yr
$624/night · 39% occupancy · $237/bedroom · $0.96/sqft
Net Monthly Cash Flow
−$7,737 /mo (−$92,845/yr)
Monthly STR income
Monthly ownership cost
Coverage
31%
Net /mo
−$7,737
DSCR
0.32
Best Download
2 Gbps
Best Upload
2 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$1,875,000
-29% vs median
75 days
640
$12,500 – $55,000,000
$5,182
$2,678/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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Daryn Edmunds - High Road Properties

Devin Tanner - Utah Realtor

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