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1385 LOWELL AVE, Park City, UT — photo 11 / 34

$1,150,000

1385 LOWELL AVE, Park City, UT 84060

Type

Condo

List Price

$1.15M

Price/Sqft

$1369

Est Gross Yield

2.1%

$24,264/yr est.

Property Details

Property typeCondo
Year built1983
Total units1
Living area840 sqft
Bedrooms1
Bathrooms2
Lot size0.02 acres
Days on market2
Listed2026-11-06T00:00:00+00:00

Description

Experience the best of slopeside living in this beautifully renovated, 2-bedroom lockout condominium at the base of Park City Mountain Resort. Occupying the uppermost two floors of the building, this 839-square-foot residence combines the convenience of ski-in/ski-out access with the versatility of a 2-level floor plan. Extensively updated throughout, it features contemporary finishes and improvements, including upgraded countertops, backsplashes, flooring, appliances, and numerous additional enhancements. The living area, centered around a gas fireplace, offers a comfortable gathering space after a day on the mountain. The 2-bedroom lockout configuration offers valuable flexibility for accommodating family and guests, or maximizing rental revenues and its top-floor setting distinguishes this residence. Owners and guests enjoy access to a heated swimming pool, hot tub, and fitness facilities, along with the exceptional convenience of Park City Mountain's Resort Center Plaza, with its restaurants, shops, and year-round activities just steps away. From winter skiing to summer hiking, mountain biking, and outdoor recreation, this turnkey mountain retreat provides an ideal home base for enjoying the Park City lifestyle in every season.

Listed by Mark J Sletten · Engel & Volkers Park City

Location

1385 LOWELL AVE, Park City, UT 84060

Proforma

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Cap Rate

1.40%

Cash-on-Cash

-8.73%

Cash Flow

-$3,137/mo

Purchase Price$1,150,000
Down Payment35% ($402,500)
Interest Rate6.00%
Monthly Rent$2,022/mo
Vacancy5%
Expense Ratio30% ($6,915)

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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 11/8/2026, 11:24:22 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.