405 SILVER KING, Park City, UT 84060
2BD/—BA Residential in Park City, UT 84060. 1,170 sqft. Built 1979. Listed at $1,550,000. MLS #2169563.
2BD/—BA Residential in Park City, UT 84060. 1,170 sqft. Built 1979. Listed at $1,550,000. MLS #2169563.
True ski-in/ski-out living at Park City Mountain Resort. Ideally positioned within Snow Flower, this top-floor residence offers exceptional access just steps from the Eagle, First Time, and Three Kings lifts, with arguably some of the best lift access in the community. Whether you're searching for a vacation home, second home, or investment property with strong rental potential, this is a rare opportunity to own in one of Park City's most sought-after slopeside locations. Inside, vaulted ceilings and an abundance of natural light create an inviting mountain retreat. The thoughtfully designed floor plan features an updated kitchen, spacious loft offering flexible sleeping or living space, and an open layout ideal for gathering with family and friends after a day on the slopes or trails. The top-floor location enhances both privacy and the overall mountain ambiance. Enjoy the very best of Park City's four-season lifestyle with resort-style amenities, including heated outdoor pools, hot tubs, fitness facilities, tennis and pickleball courts, and beautifully maintained grounds. Walk to the lifts in the winter, then spend the warmer months hiking, mountain biking, golfing, and enjoying outdoor concerts and festivals. Convenient access to Park City's free transit system makes it easy to explore Historic Main Street, Deer Valley, Canyons Village, Kimball Junction, shopping, dining, and entertainment without ever needing a car. Combining true ski-in/ski-out access, a premier top-floor location, resort-style amenities, exceptional rental appeal, and year-round recreation, this residence offers an outstanding opportunity to own in one of Park City's most established and desirable mountain communities.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Top Level
Stories
2
Subdivision
SNOW FLOWER
County
Summit
Zoning
Multi-Family, Short Term Rental Allowed
Construction
Other
Lot Size
0.03 sq ft
Above Grade Area
1,170 sq ft
Condition
Blt./Standing
MLS #
2169563
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Top Level
Stories
2
Subdivision
SNOW FLOWER
County
Summit
Zoning
Multi-Family, Short Term Rental Allowed
Construction
Other
Lot Size
0.03 sq ft
Above Grade Area
1,170 sq ft
Condition
Blt./Standing
MLS #
2169563
List Price
$1,550,000
HOA Fees
$3,199 / Quarterly
Annual Taxes
$6,186
Home Warranty
No
List Price
$1,550,000
HOA Fees
$3,199 / Quarterly
Annual Taxes
$6,186
Home Warranty
No
Heating
Electric,Wall Furnace
Roof
Asphalt
Flooring
Carpet,Tile
Basement
None
Materials
Other
Appliances
Ceiling Fan,Microwave,Range Hood,Refrigerator
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Electric,Wall Furnace
Roof
Asphalt
Flooring
Carpet,Tile
Basement
None
Materials
Other
Appliances
Ceiling Fan,Microwave,Range Hood,Refrigerator
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
10/100
vs Similar Homes
31% above
vs Market Median
55% above
Area Growth (YoY)
-6.2%
Deal Score Breakdown
10/100
Priced 31% above the median of similar listings
Priced 55% above the per-subtype city median
-6.2% year-over-year ZHVI growth in this area
LT net cashflow -$8,135/mo (-71.2% return on ownership cost) · STR net cashflow -$8,934/mo (-78.2% 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.
Monthly Rent
$3,743/mo
Range: $3,351 – $4,135
Net Monthly Cash Flow
−$8,135 /mo (−$97,622/yr)
Monthly rental income
Monthly ownership cost
Coverage
33%
Net /mo
−$8,135
DSCR
0.42
Est. Annual Revenue
$42,768/yr
$625/night · 37% occupancy · $239/bedroom · $1.00/sqft
Net Monthly Cash Flow
−$8,933 /mo (−$107,198/yr)
Monthly STR income
Monthly ownership cost
Coverage
31%
Net /mo
−$8,934
DSCR
0.32
Best Download
2 Gbps
Best Upload
2 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$1,875,000
-17% vs median
77 days
616
$24,900 – $55,000,000
$6,186
$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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