1485 EMPIRE, Park City, UT 84060
1BD/—BA Residential in Park City, UT 84060. 870 sqft. Built 1983. Listed at $799,000. MLS #2166142.
1BD/—BA Residential in Park City, UT 84060. 870 sqft. Built 1983. Listed at $799,000. MLS #2166142.
Experience the best of Park City mountain living in this 1 bedroom, 2 bath Silver King residence, ideally located just steps from the ski lifts at Park City Mountain Resort. Offering 870 square feet of comfortable living space, this fully furnished, turn-key condo is the perfect year-round retreat, vacation home, or investment property with nightly rentals permitted. The spacious floor plan features a full kitchen with granite countertops, a welcoming living area, and ample space to comfortably accommodate family and guests. There is also a built in murphy bed strategically situated away from the main living area. Large windows with tons of natural light. Owners also enjoy a dedicated ski locker room with private locker and a side entrance that leads straight to the lifts. Main level so no stairs and no elevator needed. Silver King owners enjoy an exceptional collection of resort-style amenities, including a heated indoor/outdoor swimming pool, hot tub, sauna, fitness center, ski locker room, onsite management, front desk services, and secure underground parking. HOA dues cover all utilities, providing a low-maintenance ownership experience. Conveniently situated on the free Park City bus route, you'll have easy access to Historic Main Street's renowned dining, shopping, galleries, and year-round events. Whether you're seeking world-class skiing, mountain adventures, rental income potential, or simply a place to unwind in one of Park City's most desirable locations, this Silver King condominium delivers the perfect combination of comfort, convenience, and mountain lifestyle.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
Subdivision
SILVER KING
County
Summit
Construction
Concrete
Lot Size
0.1 sq ft
Above Grade Area
870 sq ft
Condition
Blt./Standing
MLS #
2166142
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
Subdivision
SILVER KING
County
Summit
Construction
Concrete
Lot Size
0.1 sq ft
Above Grade Area
870 sq ft
Condition
Blt./Standing
MLS #
2166142
List Price
$799,000
HOA Fees
$3,947 / Quarterly
Annual Taxes
$4,073
Home Warranty
No
List Price
$799,000
HOA Fees
$3,947 / Quarterly
Annual Taxes
$4,073
Home Warranty
No
Heating
Forced Air
Cooling
Central Air
Roof
Aluminum
Flooring
Carpet,Tile
Basement
None
Materials
Concrete
Appliances
Microwave,Refrigerator
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Forced Air
Cooling
Central Air
Roof
Aluminum
Flooring
Carpet,Tile
Basement
None
Materials
Concrete
Appliances
Microwave,Refrigerator
Water Source
Culinary
Sewer
Sewer: Connected
Garage Spaces
1
Covered Spaces
1
Total Parking
1
Garage Spaces
1
Covered Spaces
1
Total Parking
1
Classification
Standard
Deal Score
50/100
vs Similar Homes
4% below
vs Market Median
12% above
Area Growth (YoY)
-2.2%
Deal Score Breakdown
50/100
Priced 4% below the median of similar listings
Priced 12% above the per-subtype city median
-2.2% year-over-year ZHVI growth in this area
LT net cashflow -$4,889/mo (-72.6% return on ownership cost) · STR net cashflow -$5,149/mo (-76.5% 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
$2,093/mo
Range: $1,553 – $2,634
Net Monthly Cash Flow
−$4,889 /mo (−$58,671/yr)
Monthly rental income
Monthly ownership cost
Coverage
31%
Net /mo
−$4,889
DSCR
0.46
Est. Annual Revenue
$27,131/yr
$625/night · 37% occupancy · $239/bedroom · $1.00/sqft
Net Monthly Cash Flow
−$5,148 /mo (−$61,780/yr)
Monthly STR income
Monthly ownership cost
Coverage
34%
Net /mo
−$5,149
DSCR
0.39
Best Download
2 Gbps
Best Upload
2 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$1,875,000
-57% vs median
77 days
616
$24,900 – $55,000,000
$4,073
$3,947/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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