8887 PARLEYS, Park City, UT 84098
5BD/—BA Residential in Park City, UT 84098. 6,849 sqft. Built 2015. Listed at $5,750,000. MLS #2165134.
5BD/—BA Residential in Park City, UT 84098. 6,849 sqft. Built 2015. Listed at $5,750,000. MLS #2165134.
Discover the Woods of Parleys Lane, an exclusive, private mountain sanctuary of nearly 200 acres with only 44 luxury homesites. This gated community offers a rare lifestyle immersed in nature, featuring breathtaking views of Park City's iconic mountains, natural landscape of lush pines and aspen trees, and direct access to hundreds of miles of interconnected hiking trails. Conveniently located just 20 miles from Salt Lake City International Airport and the University of Utah, and a short drive to historic Park City Main Street and world-class ski resorts, this enclave also lies within the prestigious Park City School District. Despite its close proximity to metropolitan amenities, entering The Woods of Parleys Lane transports you into a tranquil, secluded world away. Step into this tastefully designed modern mountain retreat, where the great room offers soaring ceilings and a dramatic two-story rock fireplace. Expansive windows invite you to step out onto the sprawling deck and soak in panoramic mountain vistas or observe the abundant local wildlife. Thoughtfully built, this custom home is designed to maximize sunlight, flooding every living space on both levels with natural light. The spacious chef's kitchen is a masterpiece of functionality and style, equipped with high-end stainless steel appliances, including two ovens, a warming drawer, a large island with a prep sink, and a second dishwasher-ideal for everyday living or entertaining a crowd. Additional main level highlights include a guest powder room and a main-floor laundry with ample storage and more stunning views. The main-level primary suite features nearly two full walls of glass so you can easily step out on to your covered deck or indulge in the spa-inspired bathroom and a well-appointed closet. Downstairs, four generously sized bedrooms await - two with ensuite baths. This level is designed for fun, with a newly added 2024 theater room with cutting-edge electronics and a large screen, a wet bar with all necessary amenities, plus an exquisite wine cellar. The lower level laundry room was added in 2024 for greater functionality. Walk outside to enjoy the covered patio and hot tub, or gather around the fire pit to savor year-round clean mountain air and roast marshmallows under the stars. The natural landscape is artfully enhanced with flower gardens, rock paths, and rock staircases on both sides of the home. A large outdoor storage room offers easy access year-round. The low quarterly HOA fee covers gated security, mailroom services, common area and waterfall maintenance, as well as snow removal. This exceptional home offers countless extras too numerous to list here-schedule a private tour today-this extraordinary opportunity will not last long! Owner/Agent
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
WOODS OF PARLEYS LANE
County
Summit
Zoning
Single-Family
Construction
Cedar,Stone,Stucco
Lot Size
0.63 sq ft
Above Grade Area
2,738 sq ft
Condition
Blt./Standing
MLS #
2165134
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
WOODS OF PARLEYS LANE
County
Summit
Zoning
Single-Family
Construction
Cedar,Stone,Stucco
Lot Size
0.63 sq ft
Above Grade Area
2,738 sq ft
Condition
Blt./Standing
MLS #
2165134
List Price
$5,750,000
HOA Fees
$1,570 / Quarterly
Annual Taxes
$14,165
Home Warranty
No
List Price
$5,750,000
HOA Fees
$1,570 / Quarterly
Annual Taxes
$14,165
Home Warranty
No
Heating
Forced Air,Gas: Central,Gas: Radiant,>= 95% efficiency,Radiant Floor
Cooling
Central Air
Roof
Asphalt,Metal
Flooring
Hardwood,Tile,Travertine
Basement
Daylight,Full,Walk-Out Access
Materials
Cedar,Stone,Stucco
Appliances
Ceiling Fan,Dryer,Microwave,Range Hood,Refrigerator,Satellite Dish,Washer,Water Softener Owned
Laundry
Gas Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Gas: Central,Gas: Radiant,>= 95% efficiency,Radiant Floor
Cooling
Central Air
Roof
Asphalt,Metal
Flooring
Hardwood,Tile,Travertine
Basement
Daylight,Full,Walk-Out Access
Materials
Cedar,Stone,Stucco
Appliances
Ceiling Fan,Dryer,Microwave,Range Hood,Refrigerator,Satellite Dish,Washer,Water Softener Owned
Laundry
Gas Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Garage Spaces
5
Covered Spaces
5
Total Parking
10
Garage Spaces
5
Covered Spaces
5
Total Parking
10
Classification
Standard
Deal Score
30/100
vs Similar Homes
121% above
vs Market Median
2% above
Area Growth (YoY)
-0.5%
Deal Score Breakdown
30/100
Priced 2% above the per-subtype city median
Priced 121% above the median of similar listings
-0.5% year-over-year ZHVI growth in this area
LT net cashflow -$24,210/mo (-63.3% return on ownership cost) · STR net cashflow -$34,237/mo (-89.5% 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
$15,937/mo
Range: $11,816 – $20,057
Net Monthly Cash Flow
−$24,209 /mo (−$290,509/yr)
Monthly rental income
Monthly ownership cost
Coverage
42%
Net /mo
−$24,210
DSCR
0.49
Est. Annual Revenue
$68,515/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$34,237 /mo (−$410,838/yr)
Monthly STR income
Monthly ownership cost
Coverage
15%
Net /mo
−$34,237
DSCR
0.14
Best Download
2 Gbps
Best Upload
1 Gbps
Fiber Available
No
Providers
8
Available Providers
$1,875,000
+207% vs median
77 days
616
$24,900 – $55,000,000
$14,165
$1,570/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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