5380 COVE HOLLOW, Park City, UT 84098
5BD/—BA Residential in Park City, UT 84098. 5,597 sqft. Built 2007. Listed at $4,200,000. MLS #2174520.
5BD/—BA Residential in Park City, UT 84098. 5,597 sqft. Built 2007. Listed at $4,200,000. MLS #2174520.
Nestled on approximately 11 private acres in the coveted Cove at Sun Peak, this exceptional mountain estate offers a rare combination of privacy, timeless craftsmanship, and breathtaking natural beauty just minutes from Canyons Village, Kimball Junction, world-class skiing, dining, and direct access to the Utah Olympic Park trail system. Thoughtfully positioned to capture sweeping mountain views, the property is surrounded by aspens, abundant wildlife, and a recirculating stream that creates a tranquil year-round water feature. Expansive covered decks and patios invite outdoor living, while a dramatic retractable glass wall seamlessly connects the great room to the main-level covered deck, creating an effortless indoor-outdoor lifestyle. Inside, soaring vaulted ceilings, exposed wood beams, rich wood flooring, and a floor-to-ceiling stone fireplace create warm, inviting living spaces. The chef's kitchen features Thermador appliances, granite countertops, a copper sink, custom stone range surround, a generous island, walk-in pantry, and built-in banquet seating. The main-level primary suite is a private retreat with its own covered balcony, a spacious walk-in closet, and a luxurious bath featuring dual vanities, soaking tub, and oversized shower. The upper level includes a private guest suite with a kitchenette and covered balcony and additional bedrooms. The walkout lower level is designed for entertaining with a spacious family room, wet bar, wine storage, flexible bonus spaces, abundant storage, and direct access to the covered front patio and beautifully landscaped yard. Additional highlights include radiant floor heating, air conditioning, solar panels, and an oversized three-car garage with a dedicated toy bay and exceptional storage. Offering an extraordinary balance of seclusion and convenience, this is a rare opportunity to own one of Park City's most distinctive mountain properties.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
COVE AT SUN PEAK
County
Summit
Zoning
Single-Family
Construction
Log,Stone
Lot Size
10.92 sq ft
Above Grade Area
3,914 sq ft
Condition
Blt./Standing
MLS #
2174520
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
COVE AT SUN PEAK
County
Summit
Zoning
Single-Family
Construction
Log,Stone
Lot Size
10.92 sq ft
Above Grade Area
3,914 sq ft
Condition
Blt./Standing
MLS #
2174520
List Price
$4,200,000
HOA Fees
$401 / Monthly
Annual Taxes
$10,309
Home Warranty
No
List Price
$4,200,000
HOA Fees
$401 / Monthly
Annual Taxes
$10,309
Home Warranty
No
Heating
Forced Air,Gas: Radiant,Gas: Stove,Active Solar,Radiant Floor
Cooling
Central Air,Natural Ventilation
Roof
Asphalt,Metal
Flooring
Carpet,Hardwood,Tile,Slate,Travertine
Basement
Full,Walk-Out Access
Materials
Log,Stone
Appliances
Ceiling Fan,Dryer,Gas Grill/BBQ,Microwave,Range Hood,Refrigerator,Washer,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Available,Sewer: Connected
View
Lake,Mountain(s),Valley
Heating
Forced Air,Gas: Radiant,Gas: Stove,Active Solar,Radiant Floor
Cooling
Central Air,Natural Ventilation
Roof
Asphalt,Metal
Flooring
Carpet,Hardwood,Tile,Slate,Travertine
Basement
Full,Walk-Out Access
Materials
Log,Stone
Appliances
Ceiling Fan,Dryer,Gas Grill/BBQ,Microwave,Range Hood,Refrigerator,Washer,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Available,Sewer: Connected
View
Lake,Mountain(s),Valley
Garage Spaces
3
Covered Spaces
3
Total Parking
3
Garage Spaces
3
Covered Spaces
3
Total Parking
3
Classification
Standard
Deal Score
30/100
vs Similar Homes
75% above
vs Market Median
1% above
Area Growth (YoY)
-2.0%
Deal Score Breakdown
30/100
Priced 1% above the per-subtype city median
Priced 75% above the median of similar listings
-2.0% year-over-year ZHVI growth in this area
LT net cashflow -$12,519/mo (-44.0% return on ownership cost) · STR net cashflow -$25,237/mo (-88.7% 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
$18,106/mo
Range: $12,834 – $23,379
Net Monthly Cash Flow
−$12,519 /mo (−$150,232/yr)
Monthly rental income
Monthly ownership cost
Coverage
64%
Net /mo
−$12,519
DSCR
0.74
Est. Annual Revenue
$55,116/yr
$394/night · 39% occupancy · $133/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$25,237 /mo (−$302,848/yr)
Monthly STR income
Monthly ownership cost
Coverage
16%
Net /mo
−$25,237
DSCR
0.15
Best Download
2 Gbps
Best Upload
1 Gbps
Fiber Available
No
Providers
9
Available Providers
$1,875,000
+124% vs median
75 days
640
$12,500 – $55,000,000
$10,309
$401/monthly
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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