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1063 EMPIRE AVE, Park City, UT — photo 11 / 40
Single Family

$6,400,000

1063 EMPIRE AVE, Park City, UT 84060

Type

SFR

List Price

$6.40M

Price/Sqft

$2154

Est Gross Yield

1.7%

$105,744/yr est.

Property Details

Property typeSingle Family
Year built1904
Total units1
Living area2,971 sqft
Bedrooms4
Bathrooms5
Lot size0.06 acres
Parking4 spaces
Days on market5
Listed2026-09-04T00:00:00+00:00

Description

For skiers seeking the best of Old Town Park City, this 2020 rebuild pairs its original historic charm with stunning modern interiors in a prized location on Empire Ave. Set between Park City Mountain Village and the Town Ski Trail on an oversized .06-acre lot, this home offers two nearby points of ski access, with Main Street just steps away via the 11th Street Stairs, located along the north edge of the property. What sets this home apart is not just its location or its lot size, but also its generous and remarkably functional layout, offering amenities that are hard to find in Old Town, like a spacious open-concept great room, a walk-in closet in the primary suite, a walk-in pantry in the kitchen, a true mud room, abundant storage, and an oversized garage that is large enough for a full-size SUV and all of your outdoor gear. This home is also filled with natural light. Outside, a heated driveway and parking pad provide coveted extra parking for 2-3 additional vehicles, and there are excellent outdoor spaces with a wrap-around deck and patio leading to a private hot tub and fire pit in the backyard. Inside, the four bedrooms include the primary suite and a second king suite on the top level, a queen suite on the main level, and a custom bunk room on the lower level, located next to a theater room that is currently used as a second living area but equally suited to function as a fifth sleeping space. 1063 Empire is available furnished and turn-keyand has been optimized for rentals with numerous lock-off storage spaces, although it has mostly been used as a primary residence and second home with only light rental use since its multi-year transformation was completed in 2020. Updated Control4 A/V and home automation with Lutron lighting and automatic window shades throughout. Come to our Open House this Labor Day weekend or call today for a video tour and a complete features list.

Listed by Henry (Hank) Mastain · Summit Sotheby's International Realty

Location

1063 EMPIRE AVE, Park City, UT 84060

Proforma

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Cap Rate

1.10%

Cash-on-Cash

-9.54%

Cash Flow

-$19,081/mo

Purchase Price$6,400,000
Down Payment35% ($2,240,000)
Interest Rate6.00%
Monthly Rent$8,812/mo
Vacancy5%
Expense Ratio30% ($30,137)

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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.

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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 9/9/2026, 7:55:22 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.