Question 1

What is the asking price for 4990 PONDEROSA, Summit Park?

Accepted Answer

4990 PONDEROSA, Summit Park is listed at $2,000,000 ($678/sqft).  This listing is currently active and available for showings.

Question 2

How many bedrooms and bathrooms does 4990 PONDEROSA, Summit Park have?

Accepted Answer

This Residential features 5 bedrooms, 3 bathrooms, 2,949 square feet of living space. It is a 2-story home. The lot is 1.84 acres.

Question 3

When was 4990 PONDEROSA, Summit Park built?

Accepted Answer

This property was built in 2005, making it 21 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 4990 PONDEROSA, Summit Park?

Accepted Answer

4990 PONDEROSA, Summit Park is a Residential (Single Family Residence). The architectural style is Stories: 2. It is located in the TIMBERLINE subdivision. Zoning: Single-Family.

Question 5

Does 4990 PONDEROSA, Summit Park have a garage or parking?

Accepted Answer

Yes, this property includes a 4-car garage. Total parking capacity: 4 vehicles.

Question 6

Is there an HOA for 4990 PONDEROSA, Summit Park?

Accepted Answer

Yes, this property is part of a homeowners association. HOA fees are $1,242 annually. HOA fees typically cover shared amenities, landscaping, and community maintenance.

Question 7

What are the property taxes for 4990 PONDEROSA, Summit Park?

Accepted Answer

Annual property taxes for this property are approximately $5,638 (about $470/month). This represents an effective tax rate of approximately 0.28% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 4990 PONDEROSA, Summit Park?

Accepted Answer

Interior features include: Disposal, Mother-in-Law Apt.. Exterior features include: Out Buildings. The home has 1 fireplace.   View: Mountain(s).

Question 9

Is 4990 PONDEROSA, Summit Park a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Standard" with a deal score of 10/100. The price is 28% 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 Summit Park?

Accepted Answer

The median price for similar properties in the area is $1,560,000 (based on 10 homes). At $2,000,000, this listing is 28% above the median for comparable homes. It ranks #Premium among similar listings by value.

Question 11

What would the monthly mortgage payment be for 4990 PONDEROSA, Summit Park?

Accepted Answer

At the current 30-year mortgage rate of 6.66% with 20% down, the estimated monthly principal and interest payment is $10,282. Including estimated taxes and HOA fees, the total monthly cost is approximately $11,994. A 15-year mortgage at 6.04% would be $13,536/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 12

How long has 4990 PONDEROSA, Summit Park been on the market?

Accepted Answer

This property has been listed for 80 days.  Extended time on market may present negotiation opportunities for buyers.

Question 13

Is 4990 PONDEROSA, Summit Park a good investment property?

Accepted Answer

Based on market rental data, this property has an estimated annual rent of $76,792 with a gross rental yield of 3.8%. Net rental yield (after estimated expenses): 2.5%.  Estimated debt service coverage ratio (DSCR): 0.55. Investor score: 19/100. These are estimates based on area comparables.

Question 14

What is the estimated rental income for 4990 PONDEROSA, Summit Park?

Accepted Answer

Based on area comparables, the estimated monthly rent for this property is $6,399 ($76,788/year). The gross rent multiplier is 26.0x (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 4990 PONDEROSA, Summit Park offer?

Accepted Answer

Propaired's AI has identified 2 lifestyle features for this property: ADU/Multigenerational, Green/Sustainable. The primary lifestyle niche is "adu_multigenerational." These tags are derived from MLS data, property features, and location analysis.

Question 16

Is 4990 PONDEROSA, Summit Park near skiing?

Accepted Answer

This property is within reach of skiing. Park City is 9.0 miles away. Utah's world-class resorts offer 500+ inches of annual snowfall and "The Greatest Snow on Earth."

Question 17

What recreation is near 4990 PONDEROSA, Summit Park?

Accepted Answer

This property has a recreation score of 72/100. Nearby recreation includes: Summit Park Peak trailhead (0.8 mi); Summit Park park (0.3 mi); Jeremy Golf and Country Club (2.0 mi); Historic Union Pacific Rail Trail SP (9.0 mi). Skiing: Park City (9.0 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.

Question 18

Are there hiking trails near 4990 PONDEROSA, Summit Park?

Accepted Answer

Yes, the nearest trailhead is Summit Park Peak, just 0.8 miles from the property. Historic Union Pacific Rail Trail SP is 9.0 miles away. Utah has over 10,000 miles of hiking trails across its diverse terrain, from desert canyons to alpine meadows.

Question 19

What amenities and services are near 4990 PONDEROSA, Summit Park?

Accepted Answer

This property has an amenity proximity score of 67/100. Nearby services include: Grocery: Anaya's Market Park City (6.0 mi); Hospital: Jamie A. Prevedel Bowen, MD (8.3 mi); Pharmacy: Smith's Pharmacy (10.4 mi); Dining: The Moose Cafe (0.5 mi). Gas station: 0.5 miles. Gym: Mill D North (6.5 mi).

Question 20

How far is the nearest hospital from 4990 PONDEROSA, Summit Park?

Accepted Answer

The nearest hospital is Jamie A. Prevedel Bowen, MD, approximately 8.3 miles from the property. The nearest fire station is 6.6 miles away. Proximity to emergency services is an important safety factor for homebuyers.

Question 21

What schools serve 4990 PONDEROSA, Summit Park?

Accepted Answer

Assigned schools: Elementary: Jeremy Ranch; Middle: Ecker Hill; High: Park City. There are 1 schools within 3 miles of this property. The highest-rated nearby school is Weilenmann School of Discovery with a 58% state performance score (0.9 miles away). School district: Park City.

Question 22

What high school is near 4990 PONDEROSA, Summit Park?

Accepted Answer

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

Question 23

What elementary school is near 4990 PONDEROSA, Summit Park?

Accepted Answer

The nearest elementary school is Jeremy Ranch (0.9 miles away). State performance score: 58%. District: Weilenmann School of Discovery. Propaired provides full school ratings and comparison data for all schools in this area.

Question 24

What middle school is near 4990 PONDEROSA, Summit Park?

Accepted Answer

The nearest middle school is Ecker Hill.

Question 25

What is the internet speed at 4990 PONDEROSA, Summit Park?

Accepted Answer

This property has a broadband score of 95/100 (Excellent). Best available speed: 2000 Mbps download / 250 Mbps upload. Fiber is not currently available at this address. Available providers: AT&T (100 Mbps, Fixed Wireless); CenturyLink (100 Mbps, DSL); HughesNet (100 Mbps, Satellite). Total providers: 9.

Question 26

Is 4990 PONDEROSA, Summit Park 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 27

What is the Propaired intelligence score for 4990 PONDEROSA, Summit Park?

Accepted Answer

This property has a Propaired intelligence score of 44/100, combining deal value (10), recreation access (72), amenity proximity (67), broadband quality (95), and lifestyle features (2 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 28

Does 4990 PONDEROSA, Summit Park have energy-efficient or green features?

Accepted Answer

This property has been tagged as green/sustainable, indicating energy-efficient features. Heating: Gas: Central,Radiant Floor.  Green homes may include solar panels, Energy Star appliances, high-efficiency HVAC, insulated windows, and sustainable building materials. Ask the listing agent for specific energy certifications or efficiency ratings.

Question 29

What heating and cooling systems does 4990 PONDEROSA, Summit Park have?

Accepted Answer

Heating: Gas: Central,Radiant Floor. Cooling system details are not listed. 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 30

What type of roof does 4990 PONDEROSA, Summit Park have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 21-year-old home, reviewing recent roof inspections is recommended.

Question 31

Does 4990 PONDEROSA, Summit Park have a basement?

Accepted Answer

Yes, the basement is described as: Slab. Basements in Utah are common and add versatile living or storage space. Check for any signs of moisture or foundation issues during the home inspection.

Question 32

What is 4990 PONDEROSA, Summit Park constructed from?

Accepted Answer

Construction materials include: Stucco,Other. The construction type affects long-term maintenance requirements and insurance costs.

Question 33

What type of flooring does 4990 PONDEROSA, Summit Park have?

Accepted Answer

Flooring types include: Hardwood,Cork,Concrete. Hardwood floors are a premium feature that adds lasting value and can be refinished multiple times.

Question 34

What are the water and sewer connections for 4990 PONDEROSA, Summit Park?

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 35

What shopping and dining is near 4990 PONDEROSA, Summit Park?

Accepted Answer

The nearest restaurant is The Moose Cafe (0.5 miles away) and the nearest grocery store is Anaya's Market Park City (6.0 miles). Coffee: DeeLicious Park City (6.5 mi). Banking: Zions First National Bank (8.4 mi). Overall amenity proximity score: 67/100.

Question 36

What would homeowner's insurance cost for 4990 PONDEROSA, Summit Park?

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 $2,000,000, expect approximately $6,000-$10,000/year ($500-$833/month).   Get multiple quotes — rates vary significantly by insurer.

Question 37

What are the estimated closing costs for 4990 PONDEROSA, Summit Park?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $2,000,000, expect approximately $40,000-$100,000 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 38

How does the property tax compare to the list price at 4990 PONDEROSA, Summit Park?

Accepted Answer

The annual property tax of $5,638 represents an effective rate of 0.28% relative to the list price of $2,000,000. 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 39

What are the total estimated monthly costs for 4990 PONDEROSA, Summit Park?

Accepted Answer

Estimated total monthly housing cost: $12,661. This includes principal & interest ($10,282 at 6.66% with 20% down), property tax ($470/mo), HOA ($1,242/mo), and estimated insurance (~$667/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 40

Is 4990 PONDEROSA, Summit Park eligible for FHA or VA financing?

Accepted Answer

At $2,000,000, 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 41

What is the estimated cap rate for 4990 PONDEROSA, Summit Park?

Accepted Answer

The estimated cap rate (net rental yield) for this property is 2.5%, based on estimated annual rent of $76,792 and a purchase price of $2,000,000. Lower cap rates often indicate appreciation-focused markets where property values are expected to rise.

Question 42

Could 4990 PONDEROSA, Summit Park be a 1031 exchange property?

Accepted Answer

Yes, 4990 PONDEROSA, Summit Park 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 43

How does 4990 PONDEROSA, Summit Park compare to recently sold homes nearby?

Accepted Answer

Based on 10 comparable properties, the median sold price in this area is $1,560,000. This listing is 28% above the comparable median. It ranks Premium among similar listings by value. The median for this property type specifically is $1,295,000. Comparable analysis is based on similar size, age, and location.

Question 44

Is the Summit Park neighborhood appreciating in value?

Accepted Answer

Based on Zillow Home Value Index data, property values in this area have decreased 0.5% over the past year. The current Zillow Home Value Index for this area is $728,548. This listing is priced at 275% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 45

Is 4990 PONDEROSA, Summit Park overpriced or underpriced?

Accepted Answer

Propaired's AI classifies this property as "Standard." At 28% above comparable homes, the asking price is above the local median. Verify that premium features justify the price difference. Deal score: 10/100. Always confirm with a local real estate professional who can provide a comparative market analysis.

Question 46

What school district is 4990 PONDEROSA, Summit Park in?

Accepted Answer

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

Question 47

What parks are near 4990 PONDEROSA, Summit Park?

Accepted Answer

The nearest local park is Summit Park (0.3 miles away). The nearest state park is Historic Union Pacific Rail Trail SP (9.0 miles).  Parks and green spaces contribute to quality of life and are a positive factor for property values.

Question 48

Is there a golf course near 4990 PONDEROSA, Summit Park?

Accepted Answer

The nearest golf course is Jeremy Golf and Country Club, 2.0 miles from the property. Utah has over 80 golf courses statewide with a season running from March through November in most areas. Close proximity to a golf course is a desirable feature that can enhance property value.

Question 49

What water activities are near 4990 PONDEROSA, Summit Park?

Accepted Answer

Water recreation near this property includes: Rockport Reservoir (12.1 mi); boat ramp at Rockport State Park (11.6 mi); fishing at Weber River (16.5 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 50

Is 4990 PONDEROSA, Summit Park move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 51

Does 4990 PONDEROSA, Summit Park 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 52

What is the lot like at 4990 PONDEROSA, Summit Park?

Accepted Answer

The lot is 1.84 acres. Lot features: Road: Paved,View: Mountain,Private. Terrain: Road: Paved, Terrain, Flat, View: Mountain, Private. Views: Mountain(s).  Lot characteristics affect usability, privacy, and future improvement potential.

Question 53

What utilities are available at 4990 PONDEROSA, Summit Park?

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 54

Does 4990 PONDEROSA, Summit Park have solar panels?

Accepted Answer

While this property is tagged as green/sustainable, solar panel details are not explicitly listed. Utah is an excellent state for solar energy with 222+ sunny days per year. Adding solar panels in Utah may qualify for federal tax credits and local incentives. Contact the listing agent for details on any existing energy-efficient systems.

Question 55

Does 4990 PONDEROSA, Summit Park have natural gas?

Accepted Answer

Yes, this property has natural gas service — the heating system is listed as: 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.  Natural gas availability also supports gas ranges, water heaters, and fireplaces.

Question 56

Is there EV charging near 4990 PONDEROSA, Summit Park?

Accepted Answer

The nearest EV charging station is ChargePoint Charging Station, approximately 8.3 miles from the property. With a 4-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.

4990 PONDEROSA, Summit Park, UT 84098

4990 W PONDEROSA DR #307A, Summit Park, UT 84098

About This Property

Features & Amenities

Property Info

Financial

Structure & Systems

Parking

Property Intelligence

Lifestyle

Flood Zone

Deal Analysis

Investment Potential

Long-Term Rental

Short-Term Rental

Schools

Recreation & Amenities

Recreation NearbyScore: 72/100

Amenities NearbyScore: 67/100

Internet & Connectivity

All Property Details

Property Info

Bedrooms & Baths

Financial

Structure

Lot & Land

Parking

Amenities

Utilities

Schools

Timeline

Media

Summit Park Market Context

Connect with a Buyer’s Agent

Similar Homes

$1,695,000

$1,525,000

$1,485,000

$1,299,000

$1,110,000

Find Your Dream Home

Frequently Asked Questions

Discover

Recreation Nearby
Score: 72/100

Amenities Nearby
Score: 67/100