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1124 PARK AVE, Park City, UT 84060
$1,500,000
1124 PARK AVE, Park City, UT 84060
Type
SFR
List Price
$1.50M
Price/Sqft
$1984
Est Gross Yield
2.5%
$37,056/yr est.
Property Details
Description
Located in the middle of Old Town Park City on Central Park Avenue, this historic home represents an excellent renovation or redevelopment opportunity. Situated on a flat, oversized lot totaling 0.0645 acres and backing to city-owned open space, this property represents an excellent value with easy access for making improvements. Walkable and bikeable via sidewalk or the paved Poison Creek Trail to shopping, dining, and galleries on Main Street, the property is also less than a five-minute walk to Town Lift Plaza with direct ski access to and from Park City Mountain. The free Park City transit bus system and dedicated bike lanes along Park Ave further improve range and ease of access to activities throughout Park City. Options may exist to add on to the home and expand laterally and vertically while complying with Park City historic district design guidelines. Short-term rental eligibility provides further optionality for investors and owners. Step into opportunity and create your dream home in the heart of Park City today.
Listed by Brendan Trieb · Summit Sotheby's International Realty
Location
1124 PARK AVE, Park City, UT 84060
Proforma
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Cap Rate
1.64%
Cash-on-Cash
-8.09%
Cash Flow
-$3,792/mo
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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 10/20/2026, 1:05:30 AM. 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.