1554 AERIE, Park City, UT 84060
4BD/—BA Residential in Park City, UT 84060. 4,818 sqft. Built 1993. Listed at $4,275,000. MLS #2173972.
4BD/—BA Residential in Park City, UT 84060. 4,818 sqft. Built 1993. Listed at $4,275,000. MLS #2173972.
Sat, Aug 1, 11:00 AM - 2:00 PM
Every great mountain home tells a story, and at 1554 Aerie Drive, that story begins with mornings overlooking the Wasatch Range, afternoons spent exploring nearby trails, and evenings just minutes from the energy of Historic Main Street. Perfectly positioned on a coveted corner homesite in Park City's Aerie neighborhood, this residence offers the rare balance of privacy, convenience, and timeless mountain elegance. Designed for effortless living and memorable gatherings, the home's open floor plan unfolds around an inviting great room where soaring ceilings and expansive windows frame the surrounding mountain views. At its heart, the chef's kitchen is beautifully equipped with custom cabinetry, a Sub-Zero refrigerator, and a Wolf dual-oven range-equally suited for quiet family breakfasts or aprs-ski dinners with friends. The main level lives with remarkable ease. A private office provides an inspiring place to work or create, while an ensuite guest bedroom offers comfort and privacy for family and visitors. Tucked away in its own secluded wing, the primary suite serves as a peaceful retreat, complete with dual walk-in closets, a spa-inspired bath, private laundry, and direct access to a tranquil patio where mornings begin with fresh alpine air and evenings end beneath brilliant mountain skies. Upstairs, a spacious family room opens to a south-facing deck, creating a welcoming destination for guests or the next generation to gather. Two additional ensuite bedrooms ensure everyone enjoys their own private sanctuary while remaining connected to the home's inviting social spaces. Every detail has been thoughtfully considered for life in the mountains. A custom mudroom with built-in ski lockers keeps every adventure organized, while the dedicated wellness area and oversized three-car garage provide generous space for vehicles, bikes, skis, golf clubs, and all the gear that makes Park City living so exceptional. Just moments from Deer Valley, Park City Mountain, Historic Main Street, and a neighborhood trailhead steps from your door, 1554 Aerie Drive places year-round adventure within easy reach. Whether your day begins on the slopes, hiking scenic trails, or enjoying dinner downtown, this is a home designed to make every season feel extraordinary-a place where family traditions are created, lifelong memories unfold, and the very best of Park City becomes part of everyday life.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Tri/Multi-Level
Stories
3
Subdivision
AERIE SUBDIVISION
County
Summit
Zoning
Single-Family
Construction
Cedar,Stone,Other
Lot Size
0.38 sq ft
Above Grade Area
4,045 sq ft
Condition
Blt./Standing
MLS #
2173972
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Tri/Multi-Level
Stories
3
Subdivision
AERIE SUBDIVISION
County
Summit
Zoning
Single-Family
Construction
Cedar,Stone,Other
Lot Size
0.38 sq ft
Above Grade Area
4,045 sq ft
Condition
Blt./Standing
MLS #
2173972
List Price
$4,275,000
Annual Taxes
$10,728
Home Warranty
No
List Price
$4,275,000
Annual Taxes
$10,728
Home Warranty
No
Heating
Forced Air,Gas: Central,Radiant Floor
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile,Travertine
Basement
None,Entrance,Partial
Materials
Cedar,Stone,Other
Appliances
Dryer,Microwave,Range Hood,Refrigerator,Washer,Water Softener Owned
Laundry
Gas Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Heating
Forced Air,Gas: Central,Radiant Floor
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile,Travertine
Basement
None,Entrance,Partial
Materials
Cedar,Stone,Other
Appliances
Dryer,Microwave,Range Hood,Refrigerator,Washer,Water Softener Owned
Laundry
Gas Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Garage Spaces
3
Covered Spaces
3
Total Parking
12
Garage Spaces
3
Covered Spaces
3
Total Parking
12
Why this is a deal
Classification
Standard
Deal Score
65/100
vs Similar Homes
18% above
vs Market Median
5% below
Area Growth (YoY)
-1.7%
Deal Score Breakdown
65/100 · 1 qualifying signal
Priced 5% below the per-subtype city median
Priced 18% above the median of similar listings
-1.7% year-over-year ZHVI growth in this area
LT net cashflow -$11,649/mo (-40.8% return on ownership cost) · STR net cashflow -$22,943/mo (-80.3% 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
$19,230/mo
Range: $15,292 – $23,169
Net Monthly Cash Flow
−$11,650 /mo (−$139,798/yr)
Monthly rental income
Monthly ownership cost
Coverage
67%
Net /mo
−$11,649
DSCR
0.77
Est. Annual Revenue
$96,492/yr
$624/night · 39% occupancy · $237/bedroom · $0.96/sqft
Net Monthly Cash Flow
−$22,943 /mo (−$275,314/yr)
Monthly STR income
Monthly ownership cost
Coverage
28%
Net /mo
−$22,943
DSCR
0.26
Best Download
2 Gbps
Best Upload
1 Gbps
Fiber Available
No
Providers
9
Available Providers
$1,875,000
+128% vs median
75 days
640
$12,500 – $55,000,000
$10,728
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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