405 SILVER KING, Park City, UT 84060
2BD/—BA Residential in Park City, UT 84060. 1,170 sqft. Built 1979. Listed at $1,495,000. MLS #2168069.
2BD/—BA Residential in Park City, UT 84060. 1,170 sqft. Built 1979. Listed at $1,495,000. MLS #2168069.
Enjoy ski-in/ski-out living from this bright corner residence at the base of Park City Mountain. Just steps from the First Time, Eagle, and Three Kings lifts, this turnkey 2-bedroom, 2-bath condo offers effortless access to skiing, hiking, biking, and everything Park City has to offer. The desirable corner location is a game changer, with extra windows that fill the home with natural light. The thoughtfully designed interior features a remodeled full-size kitchen, granite countertops throughout, solid wood doors, a cozy gas fireplace, and tasteful furnishings. The private deck offers a peaceful setting among the aspens to unwind after a day on the mountain. Community amenities include two pools, hot tubs, a fitness center, tennis and pickle ball courts, ski locker rooms, underground parking, and the free city bus nearby. Offered fully furnished and turnkey, this is an ideal mountain getaway, investment property, or full-time residence.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
SNOW FLOWER
County
Summit
Zoning
Single-Family
Construction
Other
Lot Size
0.03 sq ft
Above Grade Area
1,170 sq ft
Condition
Blt./Standing
MLS #
2168069
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
SNOW FLOWER
County
Summit
Zoning
Single-Family
Construction
Other
Lot Size
0.03 sq ft
Above Grade Area
1,170 sq ft
Condition
Blt./Standing
MLS #
2168069
List Price
$1,495,000
HOA Fees
$3,199 / Quarterly
Annual Taxes
$6,187
Home Warranty
No
List Price
$1,495,000
HOA Fees
$3,199 / Quarterly
Annual Taxes
$6,187
Home Warranty
No
Heating
Electric
Roof
Asphalt
Flooring
Carpet,Tile
Basement
None
Materials
Other
Appliances
Ceiling Fan,Trash Compactor,Microwave,Refrigerator
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Electric
Roof
Asphalt
Flooring
Carpet,Tile
Basement
None
Materials
Other
Appliances
Ceiling Fan,Trash Compactor,Microwave,Refrigerator
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Garage Spaces
1
Covered Spaces
1
Total Parking
1
Garage Spaces
1
Covered Spaces
1
Total Parking
1
Classification
Standard
Deal Score
10/100
vs Similar Homes
47% above
vs Market Median
36% above
Area Growth (YoY)
-6.2%
Deal Score Breakdown
10/100
Priced 47% above the median of similar listings
Priced 36% above the per-subtype city median
-6.2% year-over-year ZHVI growth in this area
LT net cashflow -$7,786/mo (-70.3% return on ownership cost) · STR net cashflow -$8,585/mo (-77.5% 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
$3,743/mo
Range: $3,351 – $4,135
Net Monthly Cash Flow
−$7,786 /mo (−$93,430/yr)
Monthly rental income
Monthly ownership cost
Coverage
34%
Net /mo
−$7,786
DSCR
0.44
Est. Annual Revenue
$42,768/yr
$625/night · 37% occupancy · $239/bedroom · $1.00/sqft
Net Monthly Cash Flow
−$8,584 /mo (−$103,006/yr)
Monthly STR income
Monthly ownership cost
Coverage
32%
Net /mo
−$8,585
DSCR
0.33
Best Download
2 Gbps
Best Upload
2 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$1,875,000
-20% vs median
77 days
616
$24,900 – $55,000,000
$6,187
$3,199/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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