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5241 COVE CANYON DR, Park City, UT — photo 11 / 43

$1,450,000

5241 COVE CANYON DR, Park City, UT 84098

Type

Townhouse

List Price

$1.45M

Price/Sqft

$580

Est Gross Yield

5.1%

$73,788/yr est.

Property Details

Property typeTownhouse
Year built1998
Total units1
Living area2,500 sqft
Bedrooms4
Bathrooms3
Lot size0.04 acres
Parking2 spaces
Days on market1
Listed2026-10-13T00:00:00+00:00

Description

Four bedrooms, mountain views, and some of the most convenient access to Park City that exists at this price point. This thoughtfully updated townhome checks a lot of boxes without asking you to compromise on any of them. The open floor plan and vaulted ceilings give the home an airiness that photographs well but feels even better in person. Natural light follows you from floor to floor and walk-out deckskeep the pastoral and mountain views front and center throughout the day. The main level is where it all comes together. A gourmet kitchen with modern and chic design selections anda generous islandflows naturally into the dining area and living room, anchored by a cozy fireplace. The two-car garage handles the gear. The Sun Peak recreation center, pool, tennis courts, and miles of hiking and biking trails handle everything else. And with the new Bobsled Express rapid bus line just a short walk away, getting around Park City has never been more convenient.

Listed by Molly Crosswhite · Christie's International Real Estate VUE

Location

5241 COVE CANYON DR, Park City, UT 84098

Proforma

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Cap Rate

3.38%

Cash-on-Cash

-3.45%

Cash Flow

-$1,562/mo

Purchase Price$1,450,000
Down Payment35% ($507,500)
Interest Rate6.00%
Monthly Rent$6,149/mo
Vacancy5%
Expense Ratio30% ($21,030)

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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 10/14/2026, 12:44:09 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.