See Home Value
Park City 84060
1060 Park Ave Avenue
$7,020,000 - $8,580,000
House - Off Market

1060 Park Ave Avenue

Park City, UT 84060
bedrooms
6 Beds
bathrooms
7 Baths
square feet
4539 Sqft
Sold Apr 01, 2024
Transfer

About This Property

What started as a 900 square foot historic home, dating back to 1946, has evolved into a spacious generational home sitting on four lots in the heart of Old Town. A short four minute walk will get you to Town Lift, or to restaurants and shops on Main Street. The prime location and expansive size create a one of a kind, Old Town dream home. Within the walls of the historic home you can enjoy the warm gathering space of the family room and wet bar, in addition to a bedroom with ensuite bath. Two ensuite guest bedrooms in the addition offer plenty of space for extended family or friends. An additional bedroom/flex room could be used as an office or exercise space, or turned into a bunk room to accommodate even more guests. Enjoy your open kitchen, living and dining room with vaulted ceilings, views of Park City Mountain Resort and access to an expansive heated deck. Custom white oat cabinetry, quartz counter tops, Subzero refrigerator and Wolf range all come together in a gourmet kitchen with an abundance of storage and walk in pantry. Conversational seating area and bar add extra space for groups to gather for apres after an epic day on the mountain. Ample space for two cars and additional storage or workshop in the oversized two car tandem garage with EV hookup, and space for four additional cars on the heated driveway. Bonus two story accessory dwelling unit with upstairs bedroom and bathroom and lower-level kitchen and seating area. Flexibility to use this space as an entertainers dream space with glass garage door that opens to the heated backyard patio, additional space for guests, or even as a rental unit. This home has it all, with space for everyone and close to everything!

The manager has listed the unit size as 4539 square feet.
Unit Size
4,539Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$1,718
Property Type
House
Property Taxes
$747
HOA Dues
-
Year Built
1946

Price History

Date / Event Date Event Price
Apr 3, 2024 No longer available -
No longer available
Mar 14, 2024 In contract -
In contract
Dec 9, 2023 Listed $7,800,000
Listed
Mar 4, 2021 Sold $3,000,000
Sold

Property Highlights

Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 532
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 4,405
  • Gross Building Area: 4,405
  • Building Area: 3,873
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,873
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GASPARAC PLAT AMENDMENT
  • Land Acres: 0.18
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: LOT A, GASPARAC PLAT AMENDMENT; ACCORDING TO THE OFFICIAL PLAT ON FILE IN THE SUMMIT COUNTY RECORDERS OFFICE CONT 7,839 SQ FT OR 0.18 AC.

Ownership

  • Current Owner : PARKSKI LLC
  • Previous Owner : CJG DEVELOPMENT III LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • Census Tract: 964402

Geography

  • Account Number: 0521504
  • District: 06
  • Parcel: GPA-A
  • Lot: A
  • Municipality: PARK CITY DISTRICT
  • Latitude: 40.6497
  • Longitude: -111.501

    Address

  • Full Address: 1060 Park Ave
  • Address - House Number: 1060
  • Address - Street Name: Park
  • Address - Suffix Type: Ave
  • State: UT
  • City Name: Park City
  • Carrier Code: R777
  • 4-Digit Zip Code: 5202
  • Zip Code: 84060

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,961
  • Tax Rate Code Area: 6

    Appraisal Valuation

  • Standard Deviation: 0.2306
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 68
  • Final Value: 5,904,151
  • High Value: 7,265,888
  • Low Value: 4,542,414

    Market Valuation

  • Market Total Value: $1,589,460
  • Market Land Value: $1,450,000
  • Market Improvement Value: $139,460

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,589,460
  • Assessed Land Value: $1,450,000
  • Assessed Improvements Value: $139,460

    Sales

  • Current Sale Contract Date: Apr 01, 2024
  • Current Sale Recording Date: Apr 01, 2024
  • Current Sale Transaction ID: 11923572808
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1217593



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Other
Loft
6 Baths
3,321 ft²
$2,710/ft²
$9,000,000 Nov 14, 2023
-
$14,230/mo
Commercial
Loft
-
8,560 ft²
$934/ft²
$7,995,000 Jan 9, 2024
-
$656/mo

About Park City


Similar Homes for Sale

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Nearby Rentals

Unit for rent at 1700 Upper Ironhorse Loop, Park City, UT, 84060

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  • 1 Bath
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Unit for rent at 1846 Prospector Avenue, #301, Park City, UT, 84060

$2,900 /mo

  • 1 Bed
  • 1 Bath
  • 600 ft²
1846 Prospector Avenue #1846 Prospector Avenue, #301, #301, Park City, UT, 84060 Listing by Manager


Frequently Asked Questions

When was property at 1060 Park Avenue built and last sold?
The property at 1060 Park Avenue was built in 1946 and last sold on Apr 1, 2024 for $0.
How much is this home worth?
The estimated value of the home located at 1060 Park Avenue is $7,878,000.
What are some comparable homes to 1060 Park Avenue?
Homes that are comparable to 1060 Park Avenue include a other property at 751 Main Street, a commercial property at 1451 Park Avenue, which are both great to check out.

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