255 MAIN, Park City, UT 84060
1BD/—BA Residential in Park City, UT 84060. 720 sqft. Built 1965. Listed at $769,000. MLS #2167219.
1BD/—BA Residential in Park City, UT 84060. 720 sqft. Built 1965. Listed at $769,000. MLS #2167219.
Opportunity meets location at Unit #14 in Treasure Mountain Inn-ideally positioned directly on Main Street Park City, one of the most desirable and high-demand nightly rental corridors in all of Park City. This fully remodeled, turnkey condo is designed for both strong rental performance and guest satisfaction. The open-concept layout features an updated kitchen that flows seamlessly into the living area, creating a bright, welcoming space guests love. With accommodations for up to six-including two queen beds in the primary and a sleeper sofa-this unit maximizes occupancy and nightly revenue potential. One standout feature for renters is the direct walk-out access to the beautifully maintained courtyard and hot tub-an amenity that consistently drives bookings and positive reviews. The surrounding aspens and evening bistro lighting create an inviting mountain ambiance that enhances the guest experience year-round. Treasure Mountain Inn is a proven performer thanks to its unbeatable walkability and on-site conveniences. Guests enjoy immediate access to dining, shopping, and nightlife, plus amenities like a coffee shop, spa services, and Tekila Mexican Grill & Cantina-all without needing a car. Additional revenue-driving features include underground covered parking (a premium on Main Street), ski storage, and winter shuttle service to Park City Mountain Resort, making this an easy choice for both winter and summer visitors. Consistently in high demand and well-suited for nightly rentals, this is a rare opportunity to own a low-maintenance, income-producing property in one of Park City's most sought-after locations. Contact the listing agent for rental history and showing availability.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
Subdivision
TREASURE MOUNTAIN INN
County
Summit
Construction
Brick,Stone
Lot Size
0.01 sq ft
Above Grade Area
720 sq ft
Condition
Blt./Standing
MLS #
2167219
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
Subdivision
TREASURE MOUNTAIN INN
County
Summit
Construction
Brick,Stone
Lot Size
0.01 sq ft
Above Grade Area
720 sq ft
Condition
Blt./Standing
MLS #
2167219
List Price
$769,000
HOA Fees
$2,648 / Quarterly
Annual Taxes
$4,045
Home Warranty
No
List Price
$769,000
HOA Fees
$2,648 / Quarterly
Annual Taxes
$4,045
Home Warranty
No
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt,Flat
Flooring
Tile,Vinyl
Basement
None
Materials
Brick,Stone
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt,Flat
Flooring
Tile,Vinyl
Basement
None
Materials
Brick,Stone
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
29% above
Area Growth (YoY)
-6.2%
Deal Score Breakdown
50/100
Priced 4% below the median of similar listings
Priced 29% above the per-subtype city median
-6.2% year-over-year ZHVI growth in this area
LT net cashflow -$4,767/mo (-76.9% return on ownership cost) · STR net cashflow -$4,834/mo (-78.0% 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
$1,627/mo
Range: $1,125 – $2,129
Net Monthly Cash Flow
−$4,767 /mo (−$57,198/yr)
Monthly rental income
Monthly ownership cost
Coverage
26%
Net /mo
−$4,767
DSCR
0.36
Est. Annual Revenue
$23,391/yr
$624/night · 39% occupancy · $237/bedroom · $0.96/sqft
Net Monthly Cash Flow
−$4,833 /mo (−$57,999/yr)
Monthly STR income
Monthly ownership cost
Coverage
31%
Net /mo
−$4,834
DSCR
0.35
Best Download
2 Gbps
Best Upload
2 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$1,875,000
-59% vs median
75 days
640
$12,500 – $55,000,000
$4,045
$2,648/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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