1015 NORFOLK, Park City, UT 84060
3BD/—BA Residential in Park City, UT 84060. 2,231 sqft. Built 2004. Listed at $4,190,000. MLS #2163056.
3BD/—BA Residential in Park City, UT 84060. 2,231 sqft. Built 2004. Listed at $4,190,000. MLS #2163056.
Thoughtful design comes together in this beautifully remodeled Old Town home. Blending mountain charm with modern updates, this inviting residence offers an exceptional location just steps from Park City's renowned Old Town lift, and main street area with dining, shopping, and entertainment. Inside, white oak flooring, custom finishes, and abundant natural light create warm, comfortable spaces. The great room serves as the heart of the home, featuring a statement fireplace and large windows, and sliding doors that open to a terrific balcony, constantly bringing the outdoors in. The kitchen is equally impressive, equipped with Caf by GE appliances, quartzite countertops, a farmhouse sink, reverse osmosis water system, and plenty of workspace for cooking and gathering with family and friends. The entire upper level is dedicated to the primary suite, offering a private retreat with vaulted ceilings, generous windows, a custom walk-in closet, and its own laundry area. Guest bedrooms each feature en-suite bathrooms with beautiful tile work and designer finishes. Additional features include an expanded covered deck, radiant in-floor heating, a whole-house humidifier, a durable 40-year metal roof, a separate lower-level laundry room, and ample storage for skis, bikes, and gear. With fewer stairs than many Old Town homes, the layout is both practical and welcoming. Whether you're looking for a full-time residence, mountain getaway, or nightly rental/investment property, this is a rare opportunity to own a move-in-ready home in one of Park City's most desirable areas of Old Town.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
SNYDERS ADDITION
County
Summit
Zoning
Single-Family
Construction
Clapboard/Masonite
Lot Size
0.04 sq ft
Above Grade Area
1,488 sq ft
Condition
Blt./Standing
MLS #
2163056
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
SNYDERS ADDITION
County
Summit
Zoning
Single-Family
Construction
Clapboard/Masonite
Lot Size
0.04 sq ft
Above Grade Area
1,488 sq ft
Condition
Blt./Standing
MLS #
2163056
List Price
$4,190,000
Annual Taxes
$7,636
Home Warranty
No
List Price
$4,190,000
Annual Taxes
$7,636
Home Warranty
No
Heating
Forced Air,Radiant Floor
Cooling
Seer 16 or higher
Roof
Metal
Flooring
Carpet,Hardwood,Tile
Materials
Clapboard/Masonite
Appliances
Dryer,Microwave,Range Hood,Refrigerator,Washer,Water Softener Owned
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Forced Air,Radiant Floor
Cooling
Seer 16 or higher
Roof
Metal
Flooring
Carpet,Hardwood,Tile
Materials
Clapboard/Masonite
Appliances
Dryer,Microwave,Range Hood,Refrigerator,Washer,Water Softener Owned
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Garage Spaces
1
Covered Spaces
1
Total Parking
1
Garage Spaces
1
Covered Spaces
1
Total Parking
1
Classification
Standard
Deal Score
10/100
vs Similar Homes
16% above
vs Market Median
132% above
Area Growth (YoY)
-6.2%
Deal Score Breakdown
10/100
Priced 16% above the median of similar listings
Priced 132% above the per-subtype city median
-6.2% year-over-year ZHVI growth in this area
LT net cashflow -$21,606/mo (-78.7% return on ownership cost) · STR net cashflow -$23,060/mo (-84.0% 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
$6,646/mo
Range: $5,057 – $8,234
Net Monthly Cash Flow
−$21,605 /mo (−$259,260/yr)
Monthly rental income
Monthly ownership cost
Coverage
24%
Net /mo
−$21,606
DSCR
0.28
Est. Annual Revenue
$75,330/yr
$668/night · 38% occupancy · $241/bedroom · $1.01/sqft
Net Monthly Cash Flow
−$23,061 /mo (−$276,726/yr)
Monthly STR income
Monthly ownership cost
Coverage
23%
Net /mo
−$23,060
DSCR
0.21
Best Download
2 Gbps
Best Upload
2 Gbps
Fiber Available
No
Providers
9
Available Providers
$1,900,000
+121% vs median
82 days
538
$24,900 – $55,000,000
$7,636
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

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