2523 ASPEN SPRINGS, Park City, UT 84060
5BD/—BA Residential in Park City, UT 84060. 5,410 sqft. Built 1994. Listed at $6,495,000. MLS #2163924.
5BD/—BA Residential in Park City, UT 84060. 5,410 sqft. Built 1994. Listed at $6,495,000. MLS #2163924.
Sophisticated mountain living meets enviable in-town convenience in this beautifully re-imagined and dramatically remodeled Aspen Springs retreat. Set amongst aspens in one of Park City's premier neighborhoods, the home delivers exceptional privacy, mountain-modern luxury, and exceptional wildlife watching opportunities! Thoughtfully designed for both entertaining and everyday living, the open-concept main level is filled with natural light and framed by dramatic window walls that bring the outdoors in. The chef's kitchen flows seamlessly into the dining area and great room, creating warm, inviting gathering spaces with sophisticated modern style. A meticulous "down to the studs" remodel in 2024 elevated the quality and style of the home to match the exceptional setting. It's a well-proportioned home that provides terrific privacy and utility-including a home office, fitness studio, wine cellar, music room, media lounge in addition to the 5 bedrooms. Outdoor decks and patios are perfectly positioned to enjoy mountain & forest vistas, shady afternoons, and inviting outdoor living. The home overlooks a natural spring that attracts wildlife-like your own private Park City safari from the comfort of your own deck! Located just minutes from world-class skiing, golf, trails, dining, and Park City's vibrant arts scene, the property offers the rare combination of convenience, privacy, and like-new condition. Equally suited as a full-time residence, luxury second home, or multi-generational getaway, this is a home designed to endure-both in lifestyle and long-term value.
Property Type
Residential
Property Style
Single Family Residence
Stories
3
Subdivision
ASPEN SPRINGS RANCH
County
Summit
Zoning
Single-Family
Construction
Stone,Other
Lot Size
0.55 sq ft
Above Grade Area
3,749 sq ft
Condition
Blt./Standing
MLS #
2163924
Property Type
Residential
Property Style
Single Family Residence
Stories
3
Subdivision
ASPEN SPRINGS RANCH
County
Summit
Zoning
Single-Family
Construction
Stone,Other
Lot Size
0.55 sq ft
Above Grade Area
3,749 sq ft
Condition
Blt./Standing
MLS #
2163924
List Price
$6,495,000
HOA Fees
$455 / Annually
Annual Taxes
$11,339
Home Warranty
No
List Price
$6,495,000
HOA Fees
$455 / Annually
Annual Taxes
$11,339
Home Warranty
No
Heating
Forced Air,Gas: Central,Wood
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood
Basement
Daylight,Walk-Out Access
Materials
Stone,Other
Appliances
Dryer,Microwave,Range Hood,Refrigerator,Washer,Water Softener Owned
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Gas: Central,Wood
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood
Basement
Daylight,Walk-Out Access
Materials
Stone,Other
Appliances
Dryer,Microwave,Range Hood,Refrigerator,Washer,Water Softener Owned
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Garage Spaces
3
Covered Spaces
3
Total Parking
7
Garage Spaces
3
Covered Spaces
3
Total Parking
7
Classification
Standard
Deal Score
10/100
vs Similar Homes
35% above
vs Market Median
42% above
Area Growth (YoY)
-3.0%
Deal Score Breakdown
10/100
Priced 35% above the median of similar listings
Priced 42% above the per-subtype city median
-3.0% year-over-year ZHVI growth in this area
LT net cashflow -$27,323/mo (-64.2% return on ownership cost) · STR net cashflow -$39,138/mo (-92.0% 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
$17,308/mo
Range: $14,518 – $20,097
Net Monthly Cash Flow
−$27,322 /mo (−$327,870/yr)
Monthly rental income
Monthly ownership cost
Coverage
41%
Net /mo
−$27,323
DSCR
0.46
Est. Annual Revenue
$58,543/yr
$397/night · 39% occupancy · $132/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$39,139 /mo (−$469,667/yr)
Monthly STR income
Monthly ownership cost
Coverage
12%
Net /mo
−$39,138
DSCR
0.10
Best Download
2 Gbps
Best Upload
1 Gbps
Fiber Available
No
Providers
9
Available Providers
$1,900,000
+242% vs median
82 days
538
$24,900 – $55,000,000
$11,339
$455/annually
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.
Select agents you’d like to hear from. They’ll be notified of your interest — your contact details stay private until you choose to respond.

Daryn Edmunds - High Road Properties

Salt Lake City Real Estate Broker Focused on Pricing, Positioning, and Results

Devin Tanner - Utah Realtor
Your inquiry goes to the listing agent.
Fast Response
Typically within 2 hours during business hours
Built with AI to help you find your perfect home
Powered by AI • Secured by Supabase • Trusted by Agents