• Price cut 20%

361 ONTARIO AVE, Park City, UT 84060

$4,950,000

Originally listed at $6,200,000

Est. $29,917/mo

Beds
5
Baths
5
Sq ft
3,726
Built
1982

Why this home stands out

  • 10.9% year-over-year market appreciation
  • 20% price reduction from original list
  • 241.0 days on market — potential negotiation opportunity

About this home

Seller financing available. Contact the listing agent for details. Located in the heart of Park City's coveted Old Town neighborhood, this meticulously maintained residence blends timeless mountain architecture with exceptional modern comfort. Perfectly positioned just steps from the iconic Shorty Stairs, the home offers direct walkable access to Main Street's renowned restaurants, galleries, and shopping while capturing beautiful views of Old Town and Park City Mountain Resort. Spanning more than 3,700 square feet across multiple levels and serviced by a private elevator, the home was thoughtfully built on more than one traditional Old Town lot, allowing for larger living spaces, generous bedrooms, and an ideal layout for both entertaining and everyday living. The main living area is designed for gathering, featuring a spacious great room with a gas fireplace that flows seamlessly into a chef's kitchen equipped with premium Viking gas appliances, granite countertops, and a distinctive copper island and backsplash. The kitchen opens to both formal and casual dining spaces, creating an inviting environment for hosting family and guests. Five well-appointed bedrooms, three with ensuite bathrooms, provide comfort and privacy, while additional den and media rooms offer flexible spaces for work, relaxation, or movie nights after a day on the slopes. Outdoor living is equally impressive with two balconies and multiple entrances to the home, allowing easy access throughout the property. Enjoy the private hot tub after skiing or take in the stunning views overlooking Old Town and Park City Mountain. Designed with both luxury and practicality in mind, the home features high-end finishes throughout, solid soundproof construction, integrated audio speakers, CAT6 wiring, reverse osmosis filtration, a new water softener system, an emergency water shutoff valve, and a brand-new furnace with a humidifier. Additional highlights include a two-car garage and a heated two-car driveway, providing rare convenience in Old Town. With its exceptional construction, spacious design, and unbeatable location just minutes from the slopes and steps from Main Street, this home offers a rare opportunity to experience the very best of Park City living.

Features

  • Spa / hot tub
  • Fireplace
  • Alarm: Fire
  • Alarm: Security
  • Bar: Dry
  • Bath: Primary
  • Bath: Sep. Tub/Shower
  • Central Vacuum
  • Closet: Walk-In
  • Den/Office
  • Disposal
  • Floor Drains
  • Gas Log
  • Jetted Tub
  • Kitchen: Updated
  • Oven: Double
  • Oven: Gas
  • Oven: Wall
  • Range: Gas
  • Range/Oven: Built-In
  • Instantaneous Hot Water
  • Granite Countertops
  • Deck; Covered
  • Double Pane Windows
  • Entry (Foyer)
  • Porch: Open
  • Walkout

Agents

Connect with your buyer agent

Get local guidance on this home from Juston.

JP

Salt Lake County Realtor | Smart Real Estate. Lasting Legacy.

KW Utah Realtors Keller Williams (REVO)

20 yrs experience

Salt Lake City, West Valley City
Dedicated buyer representation

Listed by John Goulet

EXP Realty, LLC (Park City)

MLS #2141240

Your message goes only to Juston.

See the deal analysis, value and rental income

Ask Juston how this home rates as a deal, what it should sell for, and what it could earn as a long-term or short-term rental.

  • Deal score
  • Estimated value
  • Rental income

Schools

Park City

Nearby

Recreation

81 / 100
Show 3 more

Everyday needs

50 / 100
Show 6 more

Internet

Excellent · fiber · 100/100
  • Quantum Fiber

    Fiber · 2 Gbps

  • Xfinity

    Cable · 2 Gbps

  • All West/Utah Inc.

    Fiber · 1 Gbps

All 11 providers
  • Quantum FiberFiber2 Gbps1 Gbps
  • XfinityCable2 Gbps2 Gbps
  • All West/Utah Inc.Fiber1 Gbps1 Gbps
  • Utah BroadbandFixed Wireless1 Gbps1 Gbps
  • VerizonFixed Wireless300 Mbps20 Mbps
  • StarlinkSatellite280 Mbps30 Mbps
  • CenturyLinkDSL140 Mbps20 Mbps
  • AT&TFixed Wireless100 Mbps20 Mbps
  • HughesNetSatellite100 Mbps5 Mbps
  • T-MobileFixed Wireless100 Mbps20 Mbps
  • Viasat IncSatellite100 Mbps3 Mbps

Home details

Property

Type
Residential
Style
Single Family Residence
Architectural style
Tri/Multi-Level
Year built
1982
Stories
6
Above grade area
2,484 sq ft
Condition
Blt./Standing
Construction
Asphalt,Cedar,Frame,Stucco
Subdivision
PARK CITY
County
Summit
Zoning
Single-Family
MLS #
2141240

Costs

List price
$4,950,000
Original price
$6,200,000
Annual taxes
$22,240
Home warranty
No

Lot and parking

Lot
3,049 sqft
Lot features
Road: Paved,Terrain: Steep Slope,View: Mountain
Garage
2 cars
Covered spaces
2
Total parking
5

Systems

Heating
Forced Air,Radiant Floor
Roof
Asphalt
Flooring
Carpet,Hardwood
Basement
Walk-Out Access
Laundry
Electric Dryer Hookup
Patio and porch
Porch: Open
Water
Culinary
Sewer
Sewer: Public
View
Mountain(s)
All home details58 details

Property Info

Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Tri/Multi-Level
Condition
Blt./Standing
MLS #
2141240
County
Summit
Subdivision
PARK CITY
Year Built
1982
New Construction
No
Stories
6
Total Rooms
19
Living Area
3,726 sq ft
Above Grade Area
2,484 sq ft
Lot Size (Acres)
0.07
Lot Size
3,049.2 sq ft
Zoning
Single-Family

Bedrooms & Baths

Bedrooms
5
Total Bathrooms
5
Full Baths
4
Half Baths
1

Financial

List Price
$4,950,000
Original Price
$6,200,000
HOA
No
Annual Taxes
$22,240
Home Warranty
No

Structure

Construction
Asphalt,Cedar,Frame,Stucco
Basement
Walk-Out Access
Roof
Asphalt
Flooring
Carpet,Hardwood
Heating
Forced Air,Radiant Floor
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open

Lot & Land

Lot Features
Road: Paved,Terrain: Steep Slope,View: Mountain
Topography
Road: Paved, Terrain: Steep Slope, View: Mountain
View
Mountain(s)
Waterfront
No
Horse Property
No

Parking

Garage
Yes
Garage Spaces
2
Carport
No
Covered Spaces
2
Open Parking
3
Total Parking
5
ADU
No

Amenities

Fireplace
Yes
Fireplaces
2
Pool
No
Spa/Hot Tub
Yes

Utilities

Water Source
Culinary
Sewer
Sewer: Public
Utilities
Natural Gas Connected,Electricity Connected,Sewer: Public,Water Connected

Schools

Elementary
McPolin
Middle School
Treasure Mt
High School
Park City
Elementary District
Park City

Timeline

Listed
Mar 5, 2026
Days on Market
225
Status
Active

Park City market

Explore Park City
  • Park City median

    $1,900,000

    This home: 161% above

  • Days to sell

    91

    Utah: 70

  • Homes for sale

    576

  • Price range

    $17k – $55M

  • Sale to list

    96%

  • Market

    Buyer's market

SafetyHigh Crime · 57.9 incidents per 1,000 residents · 25% above the Utah average

Safety rating 3.5 out of 10.

Violent

16.7

per 1,000 · national 3.6

Property

33.8

per 1,000 · national 17.6

vs Utah

+25%

46.4 per 1,000 statewide

vs Summit

+92%

30.1 per 1,000 countywide

Society

7.4

per 1,000

Population 8,201 · 2024 reports · Local rates use NIBRS; national rates use FBI UCR index crimes, which count fewer offense types.

Location

PARK CITY

361 ONTARIO AVE, Park City, UT 84060

Open in map search

Common questions

About 361 ONTARIO AVE, Park City, Utah
What is the asking price for 361 ONTARIO AVE, Park City?

361 ONTARIO AVE, Park City is listed at $4,950,000 ($1329/sqft). The original list price was $6,200,000, representing a reduction of $1,250,000. This listing is currently active and available for showings.

Is 361 ONTARIO AVE, Park City a good deal?

Propaired's AI deal analysis classifies this property as a "Standard" with a deal score of 100/100. Key deal signals: 10.9% year-over-year market appreciation; 20% price reduction from original list; 241.0 days on market — potential negotiation opportunity. The price is 6% above similar homes in the area. This analysis considers price relative to comparables, days on market, price reductions, and market conditions.

Is 361 ONTARIO AVE, Park City a good investment property?

Based on market rental data, this property has an estimated annual rent of $112,415 with a gross rental yield of 2.3%. Net rental yield (after estimated expenses): 1.5%. Estimated debt service coverage ratio (DSCR): 0.31. Investor score: 41/100. These are estimates based on area comparables.

What lifestyle features does 361 ONTARIO AVE, Park City offer?

Propaired's AI has identified 4 lifestyle features for this property: Ski-In/Ski-Out, Luxury Estate, Hot Tub & Spa, Scenic Views. The primary lifestyle niche is "ski_property." These tags are derived from MLS data, property features, and location analysis.

What recreation is near 361 ONTARIO AVE, Park City?

This property has a recreation score of 81/100. Nearby recreation includes: Johns Trail trailhead (0.2 mi); Old Town Neighborhood Park park (0.2 mi); Park City Golf Course (1.7 mi); Historic Union Pacific Rail Trail SP (0.3 mi). Skiing: Deer Valley Resort (2.2 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.

What amenities and services are near 361 ONTARIO AVE, Park City?

This property has an amenity proximity score of 50/100. Nearby services include: Grocery: Anaya's Market Park City (6.2 mi); Hospital: Intermountain Health Park City Hospital (3.3 mi); Pharmacy: Ridley's Pharmacy #1171 (9.1 mi); Dining: Molina's Mexican Kitchen (4.0 mi). Gas station: 5.3 miles. Gym: Park City Fit (3.6 mi).

All 8 questions
What schools serve 361 ONTARIO AVE, Park City?

Assigned schools: Elementary: McPolin; Middle: Treasure Mt; High: Park City. There are 1 schools within 3 miles of this property. The highest-rated nearby school is Park City High with a 64% state performance score (1.7 miles away). School district: Park City.

What is the internet speed at 361 ONTARIO AVE, Park City?

This property has a broadband score of 100/100 (Excellent). Best available speed: 2000 Mbps download / 2000 Mbps upload. Fiber internet is available at this address. Available providers: AT&T (100 Mbps, Fixed Wireless); All West/Utah Inc. (1000 Mbps, Fiber); CenturyLink (140 Mbps, DSL). Total providers: 11.

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