1485 EMPIRE, Park City, UT 84060
1BD/—BA Residential in Park City, UT 84060. 887 sqft. Built 1983. Listed at $750,000. MLS #2166690.
1BD/—BA Residential in Park City, UT 84060. 887 sqft. Built 1983. Listed at $750,000. MLS #2166690.
$750,000
Unwind at the ultimate Park City mountain ski getaway in this hard-to-come-by 1 bedroom/2 bathroom condo at Silver King that sleeps 6-7 people! This condo is perfectly positioned just moments from the lifts at Park City Mountain and has easy access to Main Street with yummy restaurants, shopping, art galleries, and year-round events. Fully furnished and ready to go as a primary retreat, vacation home, or income-producing property with nightly rentals allowed. Silver King amenities include: a heated indoor/outdoor pool, hot tub, sauna, fitness center, onsite management, front desk services, secure underground parking, and a private ski locker room. HOA dues include all utilities, making ownership simple and hassle-free. Owners have the benefit of a private ski locker and a dedicated side entrance offering direct access to the slopes. Whether you're looking for exceptional skiing, outdoor adventure, rental income opportunities, or a peaceful mountain escape, this Silver King residence combines location, convenience, and lifestyle in one of Park City's most sought-after resort communities.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
SILVER KING CONDOMINIUM
County
Summit
Zoning
Short Term Rental Allowed
Construction
Stucco
Lot Size
0.02 sq ft
Above Grade Area
887 sq ft
Condition
Blt./Standing
MLS #
2166690
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
SILVER KING CONDOMINIUM
County
Summit
Zoning
Short Term Rental Allowed
Construction
Stucco
Lot Size
0.02 sq ft
Above Grade Area
887 sq ft
Condition
Blt./Standing
MLS #
2166690
List Price
$750,000
HOA Fees
$4,025 / Quarterly
Annual Taxes
$4,139
Home Warranty
No
List Price
$750,000
HOA Fees
$4,025 / Quarterly
Annual Taxes
$4,139
Home Warranty
No
Heating
Electric
Cooling
Central Air
Flooring
Carpet,Tile
Basement
None
Materials
Stucco
Appliances
Dryer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Available,Sewer: Connected
Heating
Electric
Cooling
Central Air
Flooring
Carpet,Tile
Basement
None
Materials
Stucco
Appliances
Dryer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Available,Sewer: Connected
Covered Spaces
0
Total Parking
1
Covered Spaces
0
Total Parking
1
Why this is a deal
Classification
Standard
Deal Score
77/100
vs Similar Homes
8% below
vs Market Median
10% below
Area Growth (YoY)
-2.2%
Deal Score Breakdown
77/100 · 2 qualifying signals
Priced 10% below the per-subtype city median
Priced 8% below the median of similar listings
-2.2% year-over-year ZHVI growth in this area
LT net cashflow -$4,573/mo (-70.9% return on ownership cost) · STR net cashflow -$4,850/mo (-75.2% 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.
Why this classification
Monthly Rent
$2,134/mo
Range: $1,583 – $2,685
Net Monthly Cash Flow
−$4,573 /mo (−$54,881/yr)
Monthly rental income
Monthly ownership cost
Coverage
33%
Net /mo
−$4,573
DSCR
0.50
Est. Annual Revenue
$27,448/yr
$625/night · 37% occupancy · $239/bedroom · $1.00/sqft
Net Monthly Cash Flow
−$4,850 /mo (−$58,201/yr)
Monthly STR income
Monthly ownership cost
Coverage
36%
Net /mo
−$4,850
DSCR
0.43
Best Download
2 Gbps
Best Upload
2 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$1,875,000
-60% vs median
77 days
616
$24,900 – $55,000,000
$4,139
$4,025/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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