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5501 LILLEHAMMER LN, Park City, UT — photo 11 / 36

$722,000

5501 LILLEHAMMER LN, Park City, UT 84098

Type

Condo

List Price

$722,000

Price/Sqft

$544

Est Gross Yield

7.6%

$54,960/yr est.

Property Details

Property typeCondo
Year built2007
Total units1
Living area1,328 sqft
Bedrooms3
Bathrooms2
Lot size0.03 acres
Parking3 spaces
Days on market133
Listed2026-06-09T00:00:00+00:00

Description

Experience amenity-rich Park City living at The Lodges at Bear Hollow Village. This well-priced, fully furnished three-bedroom, two-bath condo offers 1,328 square feet of turnkey comfort with the flexibility of nightly rentals, making it an excellent option for a primary residence, vacation getaway, or investment property. Its courtyard-level location is a standout feature, with a private patio, heated walkway access, and the resident-only hot tub just steps from the front door for effortless year-round enjoyment. Inside, the home is warm, functional, and move-in ready, featuring upgraded alder cabinetry, granite countertops, a kitchen island, tile flooring, A/C, and a spacious primary bath with a soaking tub and separate shower. Secure heated garage parking adds valuable convenience in every season. Set just below the Utah Olympic Park, Bear Hollow offers quick access to trails, dining, shopping, Whole Foods, and the Free Bus route, along with a robust amenity package that includes a clubhouse, fitness room, outdoor pool, BBQ area, sun deck, half court, soccer field, putting green, and more. From golf, fishing, hiking, and biking to world-class winter recreation, this location makes it easy to enjoy the best of the Park City lifestyle. With strong lifestyle appeal, rental flexibility, and sought-after Bear Hollow amenities, this turnkey residence is a compelling Park City opportunity. Schedule your showing and see the value firsthand.

Listed by Sally Roberts · Berkshire Hathaway HomeServices Utah Properties (Saddleview)

Location

5501 LILLEHAMMER LN, Park City, UT 84098

Proforma

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Cap Rate

5.06%

Cash-on-Cash

1.03%

Cash Flow

$232/mo

Purchase Price$722,000
Down Payment35% ($252,700)
Interest Rate6.00%
Monthly Rent$4,580/mo
Vacancy5%
Expense Ratio30% ($15,664)

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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, 9:50:25 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.