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1178 LOWELL AVE, Park City, UT 84060
$2,599,000
1178 LOWELL AVE, Park City, UT 84060
Type
SFR
List Price
$2.60M
Price/Sqft
$1414
Est Gross Yield
2.3%
$59,520/yr est.
Property Details
Description
Walk up Lowell to Park City Mountain's base, or down it to Main Street. In between sits a 2025 remodel built to work from the day you get the keys, in a zone where nightly rental is an allowed use rather than a conditional one: HR-1, no HOA, no rental cap, City license required. The kitchen is new - Sub-Zero refrigeration, a Viking range, a second induction cooktop in the island, and a wet bar with beverage fridge and ice maker. The baths were rebuilt around a marble steam shower with a bench and radiant heated floors, and the furnace, water heater, A/C and water softener are all new. Vaulted tongue-and-groove ceilings and a stone fireplace anchor the great room; three bedrooms sit below, a primary with its own balcony, a queen, and a bunk room that sleeps the overflow. Barrel sauna off the primary deck, hot tub and gas grill on the covered patio, mountain and valley views. Sold furnished down to the cookware and linens, with a 335-line inventory. One-car garage plus parking for two.
Listed by Adam Lancaster · Lancaster & Co Realty LLC
Location
1178 LOWELL AVE, Park City, UT 84060
Proforma
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Cap Rate
1.52%
Cash-on-Cash
-8.41%
Cash Flow
-$6,830/mo
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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.
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