535 SADDLE VIEW, Park City, UT 84060
2BD/—BA Residential in Park City, UT 84060. 1,152 sqft. Built 1979. Listed at $850,000. MLS #2162832.
2BD/—BA Residential in Park City, UT 84060. 1,152 sqft. Built 1979. Listed at $850,000. MLS #2162832.
Welcome to a rare Park City hidden gem in one of the town's most convenient and charming neighborhoods. This single-level condo offers a unique opportunity to embrace the nostalgic charm of a beautifully preserved 1980s mountain retreat, or reimagine the space into a fresh modern showpiece . Designed with an easy, livable layout, the home blends comfort, character, and everyday functionality. This location makes it effortless to enjoy the lifestyle people come here for; privacy, convenience, and authentic Park City charm - with endless potential to preserve its vintage soul or create something truly extraordinary.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
Subdivision
WINDRIFT II CONDOMINIUM
County
Summit
Zoning
Single-Family, Multi-Family, Short Term Rental Allowed
Construction
Asphalt
Lot Size
0.04 sq ft
Above Grade Area
1,152 sq ft
Condition
Blt./Standing
MLS #
2162832
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
Subdivision
WINDRIFT II CONDOMINIUM
County
Summit
Zoning
Single-Family, Multi-Family, Short Term Rental Allowed
Construction
Asphalt
Lot Size
0.04 sq ft
Above Grade Area
1,152 sq ft
Condition
Blt./Standing
MLS #
2162832
List Price
$850,000
Original Price
$875,000
HOA Fees
$610 / Monthly
Annual Taxes
$3,000
Home Warranty
No
List Price
$850,000
Original Price
$875,000
HOA Fees
$610 / Monthly
Annual Taxes
$3,000
Home Warranty
No
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
None
Materials
Asphalt
Appliances
Ceiling Fan,Microwave
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
None
Materials
Asphalt
Appliances
Ceiling Fan,Microwave
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Garage Spaces
1
Covered Spaces
1
Total Parking
2
Garage Spaces
1
Covered Spaces
1
Total Parking
2
Why this is a deal
Classification
Standard
Deal Score
65/100
vs Similar Homes
28% above
vs Market Median
6% below
Price Reduced
2.9%
Area Growth (YoY)
-2.2%
Deal Score Breakdown
65/100 · 1 qualifying signal
Priced 6% below the per-subtype city median
3% price reduction from original list — seller may be motivated
Priced 28% above the median of similar listings
-2.2% year-over-year ZHVI growth in this area
LT net cashflow -$2,141/mo (-34.0% return on ownership cost) · STR net cashflow -$3,787/mo (-60.1% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
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
$4,727/mo
Range: $2,844 – $6,609
Net Monthly Cash Flow
−$2,140 /mo (−$25,684/yr)
Monthly rental income
Monthly ownership cost
Coverage
75%
Net /mo
−$2,141
DSCR
0.97
Est. Annual Revenue
$43,078/yr
$668/night · 38% occupancy · $241/bedroom · $1.01/sqft
Net Monthly Cash Flow
−$3,788 /mo (−$45,450/yr)
Monthly STR income
Monthly ownership cost
Coverage
57%
Net /mo
−$3,787
DSCR
0.58
Best Download
2 Gbps
Best Upload
1 Gbps
Fiber Available
Yes
Providers
10
Available Providers
$1,900,000
-55% vs median
82 days
549
$24,900 – $55,000,000
$3,000
$610/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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Daryn Edmunds - High Road Properties

Devin Tanner - Utah Realtor

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