2521 PRAIRIE SCHOONER, Park City, UT 84098
5BD/—BA Residential in Park City, UT 84098. 7,007 sqft. Built 2018. Listed at $7,000,000. MLS #2169342.
5BD/—BA Residential in Park City, UT 84098. 7,007 sqft. Built 2018. Listed at $7,000,000. MLS #2169342.
Full Promontory Golf Membership Available! Looking for the ultimate place to call home? This impressive property in Promontory greets you with a charming front porch and a large yard adorned with vibrant flowers, creating a welcoming atmosphere as soon as you pull in the driveway. This property enjoys breathtaking views of nearby ski slopes and golf courses, providing striking views from every window. Inside, warm, natural materials create an inviting ambiance with warm wood and stone. The open floor plan blurs the lines between indoor and outdoor areas, with a sophisticated living room that opens to the front porch, a kitchen that flows to the dining room, and a dining room that flows to the deck for prime sunset watching. The main level hosts a spacious master suite and a luxurious guest suite, offering comfort and privacy for you and your favorite visitors. His and hers master closets and vanities are not just a luxury, they're a necessity! A lower walkout level includes an impressive family room equipped with a wet bar and game tables, so you can entertain a houseful of guests and family. For cinematic experiences at home, the theater room promises countless hours of enjoyment, whether you are watching thought provoking films, action flicks, or your favorite sports teams. One of the standout features of this home is its proximity to an extensive network of miles and miles of hiking and biking trails, perfect for outdoor enthusiasts seeking adventure right out their doorstep. Avid golfers will appreciate having three pristine golf courses available with the available full golf membership, as well as Promontory's many swimming pools, clubhouses and restaurants. The new Hills Course and Clubhouse with its welcoming bar and outdoor dining patio is just moments away. The friendly neighborhood fosters community spirit while still allowing for personal retreat within the expansive grounds. Additionally, practical amenities such as a large three-car heated garage, two laundry areas and a butler's pantry enhance daily living convenience without compromising style or comfort. The four fireplaces scattered throughout the home add warmth, creating cozy retreats after spending time enjoying Utah's best snow of earth. Park City itself is renowned not only for its world-class skiing but also for its vibrant arts scene, eclectic dining options, and year-round recreational activities. Residents can indulge in boutique shopping along Main Street or savor culinary delights prepared by acclaimed chefs in local restaurants. With numerous cultural and sporting events throughout the year-including art festivals and extreme sport competitions-Park City is a four season destination.
Property Type
Residential
Property Style
Single Family Residence
Stories
2
Subdivision
THE PALISADES
County
Summit
Zoning
Single-Family
Construction
Stone,Other
Lot Size
1.33 sq ft
Above Grade Area
3,252 sq ft
Condition
Blt./Standing
MLS #
2169342
Property Type
Residential
Property Style
Single Family Residence
Stories
2
Subdivision
THE PALISADES
County
Summit
Zoning
Single-Family
Construction
Stone,Other
Lot Size
1.33 sq ft
Above Grade Area
3,252 sq ft
Condition
Blt./Standing
MLS #
2169342
List Price
$7,000,000
HOA Fees
$1,500 / Quarterly
Annual Taxes
$14,609
Home Warranty
No
List Price
$7,000,000
HOA Fees
$1,500 / Quarterly
Annual Taxes
$14,609
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt,Metal
Flooring
Carpet,Hardwood,Tile
Basement
Full,Walk-Out Access
Materials
Stone,Other
Appliances
Ceiling Fan,Dryer,Freezer,Gas Grill/BBQ,Microwave,Range Hood,Refrigerator,Washer,Water Softener Owned
Patio & Porch
Covered,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt,Metal
Flooring
Carpet,Hardwood,Tile
Basement
Full,Walk-Out Access
Materials
Stone,Other
Appliances
Ceiling Fan,Dryer,Freezer,Gas Grill/BBQ,Microwave,Range Hood,Refrigerator,Washer,Water Softener Owned
Patio & Porch
Covered,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Garage Spaces
3
Covered Spaces
3
Total Parking
3
Garage Spaces
3
Covered Spaces
3
Total Parking
3
Classification
Standard
Deal Score
10/100
vs Similar Homes
40% above
vs Market Median
13% above
Area Growth (YoY)
-0.5%
Deal Score Breakdown
10/100
Priced 40% above the median of similar listings
Priced 13% above the per-subtype city median
-0.5% year-over-year ZHVI growth in this area
LT net cashflow -$27,193/mo (-58.9% return on ownership cost) · STR net cashflow -$44,102/mo (-95.5% 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
$21,586/mo
Range: $15,085 – $28,087
Net Monthly Cash Flow
−$27,193 /mo (−$326,318/yr)
Monthly rental income
Monthly ownership cost
Coverage
47%
Net /mo
−$27,193
DSCR
0.54
Est. Annual Revenue
$35,785/yr
$398/night · 44% occupancy · $113/bedroom · $0.15/sqft
Net Monthly Cash Flow
−$44,103 /mo (−$529,237/yr)
Monthly STR income
Monthly ownership cost
Coverage
7%
Net /mo
−$44,102
DSCR
0.06
Elementary
South SummitMiddle School
South SummitHigh School
South SummitSchool District
South Summit
Best Download
1 Gbps
Best Upload
1 Gbps
Fiber Available
Yes
Providers
8
Available Providers
$1,875,000
+273% vs median
77 days
616
$24,900 – $55,000,000
$14,609
$1,500/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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