2585 ASPEN SPRINGS, Park City, UT 84060
4BD/—BA Residential in Park City, UT 84060. 5,435 sqft. Built 1997. Listed at $5,450,000. MLS #2172762.
4BD/—BA Residential in Park City, UT 84060. 5,435 sqft. Built 1997. Listed at $5,450,000. MLS #2172762.
Location, luxury, and indoor/outdoor space abound at 2585 Aspen Springs Dr, where 5,345 square feet of residential living on 0.56 acres is your oasis within Aspen Springs Ranch in Park City's Thaynes Canyon area. Sitting between Park City Mountain Resort's main base and the Canyons base, this 4 bedroom, 4.5 bathroom home, remodeled in 2022, is light and bright with an open floorplan. The home has a huge master suite and 3 other generous sized bedrooms, a large but cozy living room opening to a window-surrounded dining room, an updated kitchen with a butler pantry, a lower living room complete with wet bar a gorgeous wine room, and a bonus room with an ensuite bath that could be used for an extra bedroom/office/gym/media room. A large deck flanks the dining room for easy entertaining or wonderful mornings, afternoons, or evenings outside where you can enjoy views of Iron Mountain. In the winter, take in the snow capped views of Iron Mountain from the deck or from the private hot tub nestled in the back yard; or have a cozy evening by the wood burning fireplace. With radiant floors and a newly installed mini-split system for room to room heat and Air Conditioning, the home is comfortable all seasons of the year, and your energy bills are lower than average. Aspen Springs Ranch offers space and a rural feel so close to downtown Park City! Just 5 minutes to Main Street and 5 minutes from either base of Park City Mountain Resort, with shopping and dining 5 minutes away, this home is a haven in the heart of town! The information contained herein is furnished to the best of knowledge. Buyer and/or Buyer's agent responsible to verify the accuracy of all information. This information is subject to change without notice. Brokerage assumes no responsibility for accuracy.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Tri/Multi-Level
Subdivision
ASPEN SPRINGS RANCH
County
Summit
Zoning
Single-Family
Construction
Stone,Other
Lot Size
0.56 sq ft
Condition
Blt./Standing
MLS #
2172762
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Tri/Multi-Level
Subdivision
ASPEN SPRINGS RANCH
County
Summit
Zoning
Single-Family
Construction
Stone,Other
Lot Size
0.56 sq ft
Condition
Blt./Standing
MLS #
2172762
List Price
$5,450,000
HOA Fees
$445 / Annually
Annual Taxes
$10,945
Home Warranty
No
List Price
$5,450,000
HOA Fees
$445 / Annually
Annual Taxes
$10,945
Home Warranty
No
Heating
Radiant Floor
Cooling
Seer 16 or higher
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Full
Materials
Stone,Other
Appliances
Dryer,Microwave,Refrigerator,Washer,Water Softener Owned
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Available,Sewer: Public
View
Mountain(s)
Heating
Radiant Floor
Cooling
Seer 16 or higher
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Full
Materials
Stone,Other
Appliances
Dryer,Microwave,Refrigerator,Washer,Water Softener Owned
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Available,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
65% above
vs Market Median
17% above
Area Growth (YoY)
-3.0%
Deal Score Breakdown
10/100
Priced 65% above the median of similar listings
Priced 17% above the per-subtype city median
-3.0% year-over-year ZHVI growth in this area
LT net cashflow -$18,986/mo (-52.4% return on ownership cost) · STR net cashflow -$33,320/mo (-92.0% 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
$19,601/mo
Range: $15,948 – $23,253
Net Monthly Cash Flow
−$18,985 /mo (−$227,824/yr)
Monthly rental income
Monthly ownership cost
Coverage
54%
Net /mo
−$18,986
DSCR
0.62
Est. Annual Revenue
$49,959/yr
$394/night · 39% occupancy · $133/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$33,319 /mo (−$399,829/yr)
Monthly STR income
Monthly ownership cost
Coverage
12%
Net /mo
−$33,320
DSCR
0.10
Best Download
2 Gbps
Best Upload
1 Gbps
Fiber Available
No
Providers
9
Available Providers
$1,875,000
+191% vs median
75 days
640
$12,500 – $55,000,000
$10,945
$445/annually
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

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