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8994 CHEYENNE WAY, Park City, UT — photo 11 / 51
Single Family

$3,400,000

8994 CHEYENNE WAY, Park City, UT 84098

Type

SFR

List Price

$3.40M

Price/Sqft

$667

Est Gross Yield

2.2%

$73,788/yr est.

Property Details

Property typeSingle Family
Year built2005
Total units1
Living area5,100 sqft
Bedrooms5
Bathrooms7
Lot size0.44 acres
Parking3 spaces
Days on market1
Listed2026-10-09T00:00:00+00:00

Description

Located in the sought-after Jeremy Ranch community in Park City Utah, this well appointed residence offers an ideal floor plan, refined amenities, and inviting spaces designed for both everyday living and entertaining. Built in 2006, the home features five en-suite bedrooms, providing comfort and privacy for family and guests, along with a dedicated office. A three-car garage and heated driveway add convenience throughout the seasons, while a brand-new roof offers added peace of mind. The home's entertainment offerings are equally impressive, highlighted by a newly completed, top-of-the-line home theater and a dedicated wine cellar. Outside, mature landscaping creates a beautiful backyard setting, while the expansive deck-with built-in heaters-provides the perfect place to take in the surrounding views and spectacular sunsets. A built-in hot tub adds another layer of relaxation, making the outdoor spaces enjoyable throughout the year. Enjoy convenient access to nearby hiking and biking trails, local schools, and restaurants, along with world-class skiing and year-round mountain recreation. Jeremy Ranch offers an appealing balance of mountain living and accessibility, with Salt Lake City International Airport approximately 25 minutes away by car. Combining a thoughtful layout, exceptional entertaining spaces, and a desirable location, this residence presents an outstanding opportunity to enjoy the Park City lifestyle.

Listed by MARCUS WOOD · Engel & Volkers Park City

Location

8994 CHEYENNE WAY, Park City, UT 84098

Proforma

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Cap Rate

1.44%

Cash-on-Cash

-8.62%

Cash Flow

-$9,161/mo

Purchase Price$3,400,000
Down Payment35% ($1,190,000)
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 10/10/2026, 1:51:47 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.