1603 REDSTONE, Park City, UT 84098
2BD/—BA Residential in Park City, UT 84098. 1,514 sqft. Built 2004. Listed at $995,000. MLS #2168651.
2BD/—BA Residential in Park City, UT 84098. 1,514 sqft. Built 2004. Listed at $995,000. MLS #2168651.
This expanded Fox Point at Redstone townhome lives bigger than the numbers suggest: 2 beds plus a loft/office over the great room and big windows that flood it with light. Move-in ready, with newer hardwood and carpet, a custom walnut-and-sage island, fresh paint, upgraded lighting, and gas fireplace with built-ins. Primary suite with walk-in closet, jetted tub, double sinks, and separate shower. Two-car garage, dedicated laundry, and water softener. Walk to Red Rock Brewery, Sushi Blue, the Redstone 8 Cinemas, and the trail out back. Minutes to I-80, 30 to the SLC airport, and in the Park City School District. Nightly rentals allowed: primary home, lock-and-leave, or investment. A rare sub-$1M Park City option that delivers on location, condition, and flexibility all at once. 1 block walk to public transportation. NO SHOVELING-Heated driveway and walk shoveled to the door...All included in HOA fees.
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-end
Stories
2
Subdivision
FOX POINT AT REDSTONE
County
Summit
Zoning
Single-Family, Short Term Rental Allowed
Construction
Stone,Cement Siding
Lot Size
0.03 sq ft
Above Grade Area
1,514 sq ft
Condition
Blt./Standing
MLS #
2168651
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-end
Stories
2
Subdivision
FOX POINT AT REDSTONE
County
Summit
Zoning
Single-Family, Short Term Rental Allowed
Construction
Stone,Cement Siding
Lot Size
0.03 sq ft
Above Grade Area
1,514 sq ft
Condition
Blt./Standing
MLS #
2168651
List Price
$995,000
HOA Fees
$495 / Monthly
Annual Taxes
$2,526
Home Warranty
No
List Price
$995,000
HOA Fees
$495 / Monthly
Annual Taxes
$2,526
Home Warranty
No
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
None
Materials
Stone,Cement Siding
Appliances
Refrigerator,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
None
Materials
Stone,Cement Siding
Appliances
Refrigerator,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Why this is a deal
Classification
Exceptional DealDeal Score
100/100
vs Similar Homes
23% below
vs Market Median
16% below
Area Growth (YoY)
-1.7%
Deal Score Breakdown
100/100 · 2 qualifying signals
Priced 23% below the median of similar listings
Priced 16% below the per-subtype city median
-1.7% year-over-year ZHVI growth in this area
LT net cashflow -$1,864/mo (-26.5% return on ownership cost) · STR net cashflow -$5,562/mo (-79.2% 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
$5,866/mo
Range: $5,635 – $6,098
Net Monthly Cash Flow
−$1,865 /mo (−$22,378/yr)
Monthly rental income
Monthly ownership cost
Coverage
84%
Net /mo
−$1,864
DSCR
1.03
Est. Annual Revenue
$25,107/yr
$397/night · 39% occupancy · $132/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$5,563 /mo (−$66,751/yr)
Monthly STR income
Monthly ownership cost
Coverage
30%
Net /mo
−$5,562
DSCR
0.29
Best Download
2.5 Gbps
Best Upload
2.5 Gbps
Fiber Available
Yes
Providers
12
Available Providers
$1,875,000
-47% vs median
77 days
616
$24,900 – $55,000,000
$2,526
$495/monthly
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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