Question 1

What is the asking price for 8786 PROMONTORY RIDGE, Park City?

Accepted Answer

8786 PROMONTORY RIDGE, Park City is listed at $6,950,000 ($1140/sqft).  This listing is currently active and available for showings.

Question 2

How many bedrooms and bathrooms does 8786 PROMONTORY RIDGE, Park City have?

Accepted Answer

This Residential features 4 bedrooms, 6 bathrooms, 6,094 square feet of living space.  The lot is 0.94 acres.

Question 3

When was 8786 PROMONTORY RIDGE, Park City built?

Accepted Answer

This property was built in 2019, making it 7 years old. Built in the early 2000s, the home benefits from modern construction standards and may have updated systems.

Question 4

What type of property is 8786 PROMONTORY RIDGE, Park City?

Accepted Answer

8786 PROMONTORY RIDGE, Park City is a Residential (Single Family Residence). The architectural style is Stories: 2. It is located in the PROMONTORY RIDGE PHASE 1 SUBDIVISION subdivision. Zoning: Single-Family.

Question 5

Does 8786 PROMONTORY RIDGE, Park City have a garage or parking?

Accepted Answer

Yes, this property includes a 3-car garage. Total parking capacity: 3 vehicles.

Question 6

Is there an HOA for 8786 PROMONTORY RIDGE, Park City?

Accepted Answer

Yes, this property is part of a homeowners association. HOA fees are $500 monthly. HOA fees typically cover shared amenities, landscaping, and community maintenance.

Question 7

What are the property taxes for 8786 PROMONTORY RIDGE, Park City?

Accepted Answer

Annual property taxes for this property are approximately $17,897 (about $1,491/month). This represents an effective tax rate of approximately 0.26% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 8786 PROMONTORY RIDGE, Park City?

Accepted Answer

Interior features include: Alarm: Fire, Alarm: Security, Bar: Wet, Bath: Primary, Bath: Sep. Tub/Shower. Exterior features include: Balcony, Deck; Covered, Patio: Covered, Walkout, Patio: Open. The home has 3 fireplaces.  Spa/hot tub included. View: Mountain(s).

Question 9

Is 8786 PROMONTORY RIDGE, Park City a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Standard" with a deal score of 30/100. The price is 57% above similar homes in the area. This analysis considers price relative to comparables, days on market, price reductions, and market conditions.

Question 10

How does this price compare to similar homes in Park City?

Accepted Answer

The median price for similar properties in the area is $4,425,000 (based on 10 homes). At $6,950,000, this listing is 57% above the median for comparable homes. It ranks #Premium among similar listings by value.

Question 11

What would the monthly mortgage payment be for 8786 PROMONTORY RIDGE, Park City?

Accepted Answer

At the current 30-year mortgage rate of 6.66% with 20% down, the estimated monthly principal and interest payment is $35,730. Including estimated taxes and HOA fees, the total monthly cost is approximately $37,721. A 15-year mortgage at 6.04% would be $47,039/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 12

How long has 8786 PROMONTORY RIDGE, Park City been on the market?

Accepted Answer

This property has been listed for 0 days. The average days on market in Park City is 75 days, meaning this listing is moving faster than the local average. This is a fresh listing — act quickly if interested.

Question 13

Is 8786 PROMONTORY RIDGE, Park City a good investment property?

Accepted Answer

Based on market rental data, this property has an estimated annual rent of $202,261 with a gross rental yield of 2.9%. Net rental yield (after estimated expenses): 1.9%.  Estimated debt service coverage ratio (DSCR): 0.42. Investor score: 15/100. These are estimates based on area comparables.

Question 14

What is the estimated rental income for 8786 PROMONTORY RIDGE, Park City?

Accepted Answer

Based on area comparables, the estimated monthly rent for this property is $16,855 ($202,260/year). The gross rent multiplier is 34.4x (lower is generally better for investors). Actual rental income will depend on property condition, local demand, and management approach.

Question 15

What lifestyle features does 8786 PROMONTORY RIDGE, Park City offer?

Accepted Answer

Propaired's AI has identified 6 lifestyle features for this property: Pool, Golf Community, Trail/Hiking Access, Luxury Estate, Gated Community, Hot Tub/Spa. The primary lifestyle niche is "luxury_estate." These tags are derived from MLS data, property features, and location analysis.

Question 16

Does 8786 PROMONTORY RIDGE, Park City have a pool?

Accepted Answer

Yes, this property includes a private pool. A hot tub/spa is also included. Utah summers can reach 100°F+, making a pool a valuable amenity. Consider seasonal maintenance costs of approximately $2,000-$4,000/year for a Utah pool.

Question 17

What makes 8786 PROMONTORY RIDGE, Park City a luxury property?

Accepted Answer

This property is classified as a luxury estate based on its price point, features, and location. At 6,094 sqft on 0.94 acres, it offers premium living. Located in a gated community for added privacy and security.   Luxury properties in Utah benefit from no state estate tax and relatively low property tax rates.

Question 18

What recreation is near 8786 PROMONTORY RIDGE, Park City?

Accepted Answer

This property has a recreation score of 62/100. Nearby recreation includes: Promontory trailhead (2.5 mi); Prom pickleball courts park (0.6 mi); Promontory Club - Pete Dye Course (0.6 mi); Rockport State Park (3.3 mi). Skiing: Deer Valley Resort (10.4 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.

Question 19

Are there hiking trails near 8786 PROMONTORY RIDGE, Park City?

Accepted Answer

Yes, the nearest trailhead is Promontory, just 2.5 miles from the property. Rockport State Park is 3.3 miles away. Utah has over 10,000 miles of hiking trails across its diverse terrain, from desert canyons to alpine meadows.

Question 20

What amenities and services are near 8786 PROMONTORY RIDGE, Park City?

Accepted Answer

This property has an amenity proximity score of 68/100. Nearby services include: Grocery: Anaya's Market Park City (2.8 mi); Hospital: Jamie A. Prevedel Bowen, MD (4.9 mi); Pharmacy: Kamas Foodtown Pharmacy (11.9 mi); Dining: The Hearth restaurant at Promontory (Members Only) (0.7 mi). Gas station: 3.1 miles. Gym: Strength In These Mountains (4.3 mi).

Question 21

How far is the nearest hospital from 8786 PROMONTORY RIDGE, Park City?

Accepted Answer

The nearest hospital is Jamie A. Prevedel Bowen, MD, approximately 4.9 miles from the property. The nearest fire station is 2.3 miles away. Proximity to emergency services is an important safety factor for homebuyers.

Question 22

What schools serve 8786 PROMONTORY RIDGE, Park City?

Accepted Answer

Assigned schools: Elementary: South Summit; Middle: South Summit; High: South Summit. There are 1 schools within 3 miles of this property. The highest-rated nearby school is Silver Summit School with a 62% state performance score (2.9 miles away). School district: South Summit.

Question 23

What high school is near 8786 PROMONTORY RIDGE, Park City?

Accepted Answer

The nearest high school is South Summit. View the full school profile on Propaired for test scores, enrollment, and student-to-teacher ratios.

Question 24

What elementary school is near 8786 PROMONTORY RIDGE, Park City?

Accepted Answer

The nearest elementary school is South Summit (2.9 miles away). State performance score: 62%. District: South Summit District. Propaired provides full school ratings and comparison data for all schools in this area.

Question 25

What middle school is near 8786 PROMONTORY RIDGE, Park City?

Accepted Answer

The nearest middle school is South Summit.

Question 26

What is the internet speed at 8786 PROMONTORY RIDGE, Park City?

Accepted Answer

This property has a broadband score of 100/100 (Excellent). Best available speed: 1000 Mbps download / 1000 Mbps upload. Fiber internet is available at this address. Available providers: AT&T (25 Mbps, Fixed Wireless); All West Communications (1000 Mbps, Fiber); All West/Utah Inc. (1000 Mbps, Fiber). Total providers: 9.

Question 27

Is 8786 PROMONTORY RIDGE, Park City in a flood zone?

Accepted Answer

This property is classified as low. FEMA flood zone: X (AREA OF MINIMAL FLOOD HAZARD). Flood insurance is not typically required but may be recommended.  Always verify current FEMA maps as they are periodically updated.

Question 28

How does this listing compare to the Park City market?

Accepted Answer

8786 PROMONTORY RIDGE, Park City is listed at $6,950,000, which is above the Park City median of $1,875,000 by $5,075,000. There are currently 640 active listings in Park City. Homes in Park City sell in an average of 75 days. The average sale-to-list ratio is 97.2%.

Question 29

What is the Park City real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Park City is $1,875,000. There are currently 640 active listings. Homes sell in an average of 75 days. The average sale-to-list ratio is 97.2%. This listing at $6,950,000 is above the Park City 2026 median.

Question 30

Are there other homes for sale in Park City?

Accepted Answer

Yes — there are currently 640 active listings in Park City. Browse all Park City homes for sale at propaired.ai/listings/ut/park-city. Prices range around a median of $1,875,000. Homes in Park City are selling in about 75 days on average.

Question 31

What is the Park City neighborhood like?

Accepted Answer

World-class ski resort town. Upscale, excellent schools, second homes, Olympics heritage, outdoor recreation paradise. Higher cost of living. Park City is known for: ski-access, upscale, outdoor-recreation, resort-town. Population: approximately 8,000. Explore the full Park City market data and community guide on Propaired.

Question 32

How does this price compare to the Utah state average?

Accepted Answer

At $6,950,000, this property is above the Utah state median of $525,000 by $6,425,000. Park City prices are 257% above the state average. Utah's housing market varies significantly by region — front-range cities near SLC are typically more expensive than rural areas.

Question 33

What is the Propaired intelligence score for 8786 PROMONTORY RIDGE, Park City?

Accepted Answer

This property has a Propaired intelligence score of 50/100, combining deal value (30), recreation access (62), amenity proximity (68), broadband quality (100), and lifestyle features (6 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 34

What heating and cooling systems does 8786 PROMONTORY RIDGE, Park City have?

Accepted Answer

Heating: Forced Air,Gas: Central,Radiant Floor. Cooling: Central Air. Modern HVAC systems typically last 15-20 years with proper maintenance. Utah's climate ranges from sub-zero winters to 100°F+ summers, making reliable heating and cooling essential.

Question 35

What type of roof does 8786 PROMONTORY RIDGE, Park City have?

Accepted Answer

The roof material is Metal,Pitched,Membrane. Metal roofs are highly durable and can last 40-70 years with minimal maintenance. With a 7-year-old home, reviewing recent roof inspections is recommended.

Question 36

Does 8786 PROMONTORY RIDGE, Park City have a basement?

Accepted Answer

Yes, the basement is described as: Daylight,Full,Walk-Out Access. A daylight basement features windows for natural light, making the space more livable. Check for any signs of moisture or foundation issues during the home inspection.

Question 37

What is 8786 PROMONTORY RIDGE, Park City constructed from?

Accepted Answer

Construction materials include: Stone,Other. Stone construction provides exceptional durability and a premium aesthetic.

Question 38

What type of flooring does 8786 PROMONTORY RIDGE, Park City have?

Accepted Answer

Flooring types include: Carpet,Hardwood,Tile. Hardwood floors are a premium feature that adds lasting value and can be refinished multiple times. Tile flooring is durable and ideal for high-traffic areas and bathrooms. Carpeted areas provide warmth and comfort, especially in bedrooms.

Question 39

What are the water and sewer connections for 8786 PROMONTORY RIDGE, Park City?

Accepted Answer

Water source: Culinary. Sewer: Sewer: Connected,Sewer: Public.  Municipal sewer service means no septic maintenance costs. Water is a critical consideration in Utah's arid climate.

Question 40

What is the commute like from 8786 PROMONTORY RIDGE, Park City?

Accepted Answer

8786 PROMONTORY RIDGE, Park City is located in Park City, in the Wasatch Front region of Utah. With a population of approximately 8,000, Park City has good transportation access. Commute times vary by destination — most Wasatch Front cities are within 30-60 minutes of downtown Salt Lake City via I-15. Consider rush-hour traffic patterns when evaluating this location.

Question 41

What shopping and dining is near 8786 PROMONTORY RIDGE, Park City?

Accepted Answer

The nearest restaurant is The Hearth restaurant at Promontory (Members Only) (0.7 miles away) and the nearest grocery store is Anaya's Market Park City (2.8 miles). Coffee: Beach Club at Promontory (Part of Promontory Club) (2.1 mi). Banking: Zions First National Bank (4.9 mi). Overall amenity proximity score: 68/100.

Question 42

What is the Park City community like?

Accepted Answer

Park City is known for: ski-access, upscale, outdoor-recreation, resort-town, excellent-schools. The city has approximately 8,000 residents. The median home price in Park City is $2,500,000. Explore the full Park City community profile on Propaired for detailed neighborhood insights.

Question 43

What would homeowner's insurance cost for 8786 PROMONTORY RIDGE, Park City?

Accepted Answer

Homeowner's insurance in Utah typically ranges from 0.3% to 0.5% of the home's value annually. For a home listed at $6,950,000, expect approximately $20,850-$34,750/year ($1,738-$2,896/month).   Get multiple quotes — rates vary significantly by insurer.

Question 44

What are the estimated closing costs for 8786 PROMONTORY RIDGE, Park City?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $6,950,000, expect approximately $139,000-$347,500 in closing costs. This includes title insurance, escrow fees, lender fees, recording fees, and prepaid items (insurance, taxes). Buyers should also budget for a home inspection ($300-$500), appraisal ($400-$600), and any lender-required reserves.

Question 45

How does the property tax compare to the list price at 8786 PROMONTORY RIDGE, Park City?

Accepted Answer

The annual property tax of $17,897 represents an effective rate of 0.26% relative to the list price of $6,950,000. This is below the Utah average effective rate of approximately 0.58%, which is favorable for the buyer. Property taxes in Utah are assessed by the county and can change when the property is sold.

Question 46

What are the total estimated monthly costs for 8786 PROMONTORY RIDGE, Park City?

Accepted Answer

Estimated total monthly housing cost: $40,038. This includes principal & interest ($35,730 at 6.66% with 20% down), property tax ($1,491/mo), HOA ($500/mo), and estimated insurance (~$2,317/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 47

Is 8786 PROMONTORY RIDGE, Park City eligible for FHA or VA financing?

Accepted Answer

At $6,950,000, this property may exceed standard FHA loan limits and could require a conventional or jumbo loan. VA loans have no price cap but require VA eligibility.    Consult a mortgage lender for personalized eligibility.

Question 48

What is the estimated cap rate for 8786 PROMONTORY RIDGE, Park City?

Accepted Answer

The estimated cap rate (net rental yield) for this property is 1.9%, based on estimated annual rent of $202,261 and a purchase price of $6,950,000. Lower cap rates often indicate appreciation-focused markets where property values are expected to rise.

Question 49

Is Park City a good rental market?

Accepted Answer

Estimated monthly rent in Park City is approximately $15,357. Homes in Park City sell in an average of 75 days, indicating moderate demand in this market. There are 640 active listings currently. Gross rental yield in this area: 2.9%. Utah's steady population growth continues to drive rental demand.

Question 50

Could 8786 PROMONTORY RIDGE, Park City be a 1031 exchange property?

Accepted Answer

Yes, 8786 PROMONTORY RIDGE, Park City could potentially qualify for a 1031 like-kind exchange if used as an investment or business property. A 1031 exchange allows deferral of capital gains taxes by reinvesting proceeds from one investment property into another. Key requirements include identifying a replacement property within 45 days and closing within 180 days. The property must be held for investment purposes — personal residences do not qualify. Consult a qualified intermediary and tax advisor for specific guidance.

Question 51

How does 8786 PROMONTORY RIDGE, Park City compare to recently sold homes nearby?

Accepted Answer

Based on 10 comparable properties, the median sold price in this area is $4,425,000. This listing is 57% above the comparable median. It ranks Premium among similar listings by value. The median for this property type specifically is $3,967,500. Comparable analysis is based on similar size, age, and location.

Question 52

Is the Park City neighborhood appreciating in value?

Accepted Answer

Based on Zillow Home Value Index data, property values in this area have decreased 1.8% over the past year. The current Zillow Home Value Index for this area is $3,352,966. This listing is priced at 207% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 53

What is the price trend in Park City?

Accepted Answer

Park City's median price has increased 14.7% month-over-month. Current median: $1,875,000. Days on market have decreased by 22.8% month-over-month. Homes are selling at 97.2% of list price on average. Monitor these trends to time your offer strategically.

Question 54

Is 8786 PROMONTORY RIDGE, Park City overpriced or underpriced?

Accepted Answer

Propaired's AI classifies this property as "Standard." At 57% above comparable homes, the asking price is above the local median. Verify that premium features justify the price difference. Deal score: 30/100. Always confirm with a local real estate professional who can provide a comparative market analysis.

Question 55

What school district is 8786 PROMONTORY RIDGE, Park City in?

Accepted Answer

This property is in the South Summit school district. Assigned elementary: South Summit. Assigned middle: South Summit. Assigned high: South Summit. School district boundaries can affect property values by 5-15%. Contact the district directly to confirm current enrollment boundaries, as they may change.

Question 56

What parks are near 8786 PROMONTORY RIDGE, Park City?

Accepted Answer

The nearest local park is Prom pickleball courts (0.6 miles away). The nearest state park is Rockport State Park (3.3 miles).  Parks and green spaces contribute to quality of life and are a positive factor for property values.

Question 57

Is there a golf course near 8786 PROMONTORY RIDGE, Park City?

Accepted Answer

The nearest golf course is Promontory Club - Pete Dye Course, 0.6 miles from the property. This property is located within a golf community, which may include membership benefits and golf course views. Close proximity to a golf course is a desirable feature that can enhance property value.

Question 58

What water activities are near 8786 PROMONTORY RIDGE, Park City?

Accepted Answer

Water recreation near this property includes: Rockport Reservoir (4.0 mi); boat ramp at Rockport State Park (3.4 mi); fishing at Weber River (10.2 mi).  Utah offers diverse water recreation from mountain reservoirs to desert lakes. Popular activities include boating, kayaking, paddle boarding, and fishing — a Utah fishing license is required for anglers.

Question 59

Is 8786 PROMONTORY RIDGE, Park City move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 60

Does 8786 PROMONTORY RIDGE, Park City come with a home warranty?

Accepted Answer

No home warranty is currently included with this property. Buyers can request a home warranty as part of the purchase negotiation — they typically cost $400-$700/year and cover major systems and appliances. This is especially valuable for older homes.

Question 61

What is the lot like at 8786 PROMONTORY RIDGE, Park City?

Accepted Answer

The lot is 0.94 acres. Lot features: Road: Paved,Sprinkler: Auto-Part,Terrain: Grad Slope,View: Mountain,Near Golf Course,Drip Irrigation: Auto-Full. Terrain: Road: Paved, Sprinkler: Auto-Part, Terrain: Grad Slope, View: Mountain, Adjacent to Golf Course, Drip Irrigation: Auto-Full. Views: Mountain(s).  Lot characteristics affect usability, privacy, and future improvement potential.

Question 62

What utilities are available at 8786 PROMONTORY RIDGE, Park City?

Accepted Answer

Available utilities include: Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected. Water source: Culinary. Sewer: Sewer: Connected,Sewer: Public. Utility costs in Utah vary by season — expect higher heating bills in winter and cooling costs in summer. Contact local utility providers for average monthly cost estimates for this address.

Question 63

Does 8786 PROMONTORY RIDGE, Park City have natural gas?

Accepted Answer

Yes, this property has natural gas service — the heating system is listed as: Forced Air,Gas: Central,Radiant Floor. Natural gas is the most common and cost-effective heating fuel in Utah, typically 30-50% less expensive than electric heating. The cooling system (Central Air) operates separately. Natural gas availability also supports gas ranges, water heaters, and fireplaces.

Question 64

Is there EV charging near 8786 PROMONTORY RIDGE, Park City?

Accepted Answer

The nearest EV charging station is Tesla Destination Charger, approximately 0.8 miles from the property. With a 3-car garage, installing a home Level 2 EV charger is straightforward — most installations cost $500-$2,000 including the charger. Utah offers a growing EV charging network along major corridors and in urban centers. Convenient public charging is available nearby for supplemental needs.

8786 PROMONTORY RIDGE, Park City, UT 84098

8786 N PROMONTORY RIDGE DR, Park City, UT 84098

About This Property

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Recreation NearbyScore: 62/100

Amenities NearbyScore: 68/100

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