1485 EMPIRE, Park City, UT 84060
2BD/—BA Residential in Park City, UT 84060. 1,238 sqft. Built 1983. Listed at $1,075,000. MLS #2163662.
2BD/—BA Residential in Park City, UT 84060. 1,238 sqft. Built 1983. Listed at $1,075,000. MLS #2163662.
Located steps from the Park City Mountain Resort ski lifts, this Silver King condo offers unmatched convenience for skiing and easy access to Main Street. The fully furnished, turn-key residence includes granite countertops, an in-unit washer/dryer, and HOA dues that cover all utilities. This roomy two-bedroom unit has mountains and ski run views. The property is accompanied by an underground parking garage and a variety of quality amenities designed for relaxation, including a beautiful indoor/outdoor heated swimming pool, sauna, hot tub, a fully equipped gym, and ski locker room. Also, enjoy the added benefit of being on the free Park City bus line, providing quick access to Park City's vibrant historic district, fine dining, boutique shopping, and cultural events. This mountain getaway combines the perfect blend of luxury, convenience, and an unbeatable location to make the most of everything Park City has to offer. Onsite management and front desk check-in add to the ease of ownership.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
SILVER KING
County
Summit
Lot Size
0.03 sq ft
Above Grade Area
1,238 sq ft
Condition
Blt./Standing
MLS #
2163662
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
SILVER KING
County
Summit
Lot Size
0.03 sq ft
Above Grade Area
1,238 sq ft
Condition
Blt./Standing
MLS #
2163662
List Price
$1,075,000
HOA Fees
$5,430 / Quarterly
Annual Taxes
$6,819
Home Warranty
No
List Price
$1,075,000
HOA Fees
$5,430 / Quarterly
Annual Taxes
$6,819
Home Warranty
No
Heating
Forced Air
Cooling
Central Air
Roof
Metal
Flooring
Carpet,Tile
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Forced Air
Cooling
Central Air
Roof
Metal
Flooring
Carpet,Tile
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
30/100
vs Similar Homes
19% above
vs Market Median
0% above
Area Growth (YoY)
-2.2%
Deal Score Breakdown
30/100
Priced 0% above the per-subtype city median
Priced 19% above the median of similar listings
-2.2% year-over-year ZHVI growth in this area
LT net cashflow -$6,154/mo (-66.5% return on ownership cost) · STR net cashflow -$6,635/mo (-71.7% 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
$3,528/mo
Range: $2,451 – $4,606
Net Monthly Cash Flow
−$6,154 /mo (−$73,844/yr)
Monthly rental income
Monthly ownership cost
Coverage
38%
Net /mo
−$6,154
DSCR
0.57
Est. Annual Revenue
$44,980/yr
$668/night · 38% occupancy · $241/bedroom · $1.01/sqft
Net Monthly Cash Flow
−$6,634 /mo (−$79,612/yr)
Monthly STR income
Monthly ownership cost
Coverage
41%
Net /mo
−$6,635
DSCR
0.48
Best Download
2 Gbps
Best Upload
2 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$1,900,000
-43% vs median
82 days
549
$24,900 – $55,000,000
$6,819
$5,430/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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