• Price cut 7%

60 PROSPECT AVE, Park City, UT 84060

$1,250,000

Originally listed at $1,350,000

Est. $7,871/mo

Bed
1
Sq ft
1,097
Built
1900

Why this home stands out

  • 10.9% year-over-year market appreciation
  • 7% price reduction from original list
  • 177.0 days on market — potential negotiation opportunity

About this home

PRICE REDUCTION. Newly priced and ready for its next chapter, this is a rare opportunity to create a custom mountain home in the heart of Old Town Park City with much of the upfront planning already completed. Located at the top of Prospect Avenue, the circa-1895 residence is recognized as a Significant Historic Site and has received Historic Preservation Board approval for the proposed preservation work and rear addition, subject to the outlined conditions and final permitting. The thoughtfully designed plans preserve the character of the original mining-era home while introducing a modern addition intended to improve livability, functionality and connection to the surrounding views. A builder has already been selected and is prepared to begin work once the remaining permits are issued, providing the next owner with a clear path toward construction. The elevated setting captures sweeping views across Old Town, Park City Mountain ski runs and the surrounding mountains. Dedicated off-street parking adds significant value in the Historic District, where parking is exceptionally difficult to find. Enjoy convenient access to Historic Main Street, world-class skiing, dining, entertainment and Park City's extensive trail system. Ideal for an end user, investor or developer seeking an approved Old Town Park City renovation and redevelopment opportunity with strong long-term potential. This is a chance to create a one-of-a-kind luxury home without beginning the historic review process from scratch.

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 Julie Snyder

Summit Sotheby's International Realty

MLS #2154368

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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

47 / 100
Show 6 more

Internet

Excellent · fiber · 100/100
  • Xfinity

    Cable · 2 Gbps

  • All West/Utah Inc.

    Fiber · 1 Gbps

  • Utah Broadband

    Fixed Wireless · 1 Gbps

All 9 providers
  • XfinityCable2 Gbps2 Gbps
  • All West/Utah Inc.Fiber1 Gbps1 Gbps
  • Utah BroadbandFixed Wireless1 Gbps1 Gbps
  • VerizonFixed Wireless300 Mbps20 Mbps
  • StarlinkSatellite280 Mbps30 Mbps
  • CenturyLinkDSL100 Mbps10 Mbps
  • HughesNetSatellite100 Mbps5 Mbps
  • T-MobileFixed Wireless100 Mbps20 Mbps
  • Viasat IncSatellite100 Mbps3 Mbps

Home details

Property

Type
Residential
Style
Single Family Residence
Architectural style
Rambler/Ranch
Year built
1900
Stories
2
Above grade area
723 sq ft
Condition
Blt./Standing
Subdivision
PARK CITY
County
Summit
Zoning
Single-Family
MLS #
2154368

Costs

List price
$1,250,000
Original price
$1,350,000
Annual taxes
$9,414
Home warranty
No

Lot and parking

Lot
2,178 sqft
Lot features
Road: Paved
Covered spaces
0
Total parking
0

Systems

Basement
None
Water
Culinary
Sewer
Sewer: Connected,Sewer: Public
All home details46 details

Property Info

Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Condition
Blt./Standing
MLS #
2154368
County
Summit
Subdivision
PARK CITY
Year Built
1900
New Construction
No
Stories
2
Total Rooms
2
Living Area
1,097 sq ft
Above Grade Area
723 sq ft
Lot Size (Acres)
0.05
Lot Size
2,178 sq ft
Zoning
Single-Family

Bedrooms & Baths

Bedrooms
1

Financial

List Price
$1,250,000
Original Price
$1,350,000
HOA
No
Annual Taxes
$9,414
Home Warranty
No

Structure

Basement
None

Lot & Land

Lot Features
Road: Paved
Topography
Road: Paved
Waterfront
No
Horse Property
No

Parking

Garage
No
Carport
No
Covered Spaces
0
Total Parking
0
ADU
No

Amenities

Fireplace
No
Pool
No
Spa/Hot Tub
No

Utilities

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

Schools

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

Timeline

Listed
Apr 30, 2026
Days on Market
154
Status
Active

Media

Property Website
Visit website

Park City market

Explore Park City
  • Park City median

    $1,900,000

    This home: 34% below

  • 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

60 PROSPECT AVE, Park City, UT 84060

Open in map search

Common questions

About 60 PROSPECT AVE, Park City, Utah
What is the asking price for 60 PROSPECT AVE, Park City?

60 PROSPECT AVE, Park City is listed at $1,250,000 ($1139/sqft). The original list price was $1,350,000, representing a reduction of $100,000. This listing is currently active and available for showings.

Is 60 PROSPECT AVE, Park City a good deal?

Propaired's AI deal analysis classifies this property as a "Standard" with a deal score of 95/100. Key deal signals: 10.9% year-over-year market appreciation; 7% price reduction from original list; 177.0 days on market — potential negotiation opportunity. The price is 28% below similar homes in the area. This analysis considers price relative to comparables, days on market, price reductions, and market conditions.

Is 60 PROSPECT AVE, Park City a good investment property?

Based on market rental data, this property has an estimated annual rent of $51,645 with a gross rental yield of 4.1%. Net rental yield (after estimated expenses): 2.7%. Estimated debt service coverage ratio (DSCR): 0.56. Investor score: 61/100. These are estimates based on area comparables.

What lifestyle features does 60 PROSPECT AVE, Park City offer?

Propaired's AI has identified 4 lifestyle features for this property: Close to Skiing, Luxury Estate, Historic & Character, New Construction. The primary lifestyle niche is "luxury_estate." These tags are derived from MLS data, property features, and location analysis.

What recreation is near 60 PROSPECT AVE, Park City?

This property has a recreation score of 81/100. Nearby recreation includes: Johns Trail trailhead (0.4 mi); Old Town Neighborhood Park park (0.3 mi); Park City Golf Course (2.0 mi); Historic Union Pacific Rail Trail SP (0.7 mi). Skiing: Deer Valley Resort (1.7 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.

What amenities and services are near 60 PROSPECT AVE, Park City?

This property has an amenity proximity score of 47/100. Nearby services include: Grocery: Anaya's Market Park City (6.7 mi); Hospital: Intermountain Health Park City Hospital (3.7 mi); Pharmacy: Ridley's Pharmacy #1171 (8.7 mi); Dining: Molina's Mexican Kitchen (4.3 mi). Gas station: 5.7 miles. Gym: Park City Fit (4.0 mi).

All 8 questions
What schools serve 60 PROSPECT 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 (2.0 miles away). School district: Park City.

What is the internet speed at 60 PROSPECT 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: All West/Utah Inc. (1000 Mbps, Fiber); CenturyLink (100 Mbps, DSL); HughesNet (100 Mbps, Satellite). Total providers: 9.

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