• Price cut 6%

5135 COVE DR ##204, Park City, UT 84098

$824,900

Originally listed at $875,000

Est. $5,616/mo

Beds
2
Baths
2
Sq ft
1,455
Built
1998

Why this home stands out

  • 6% price reduction from original list
  • 149.0 days on market — potential negotiation opportunity

About this home

Seller paid Interest Rate Buydown!!! Enjoy effortless mountain living in this spacious single-level condo nestled on a quiet cul-de-sac in The Cove at Sun Peak/Winter Park in Park City. Surrounded by spectacular mountain and lake views, this residence offers a rare sense of peace and privacy while remaining just minutes from everything Park City has to offer. The thoughtfully designed two-bedroom, two-bath floor plan combines comfort, functionality, and easy everyday living. Expansive windows fill the home with natural light and perfectly frame the surrounding lakes and mountain scenery, while the inviting living room fireplace creates a warm and relaxing gathering space year-round. The open-concept kitchen, dining, and living areas flow seamlessly together, ideal for entertaining friends, hosting family, or simply enjoying quiet evenings at home. Both bedrooms are generously sized, offering comfort and separation for owners and visitors alike. Whether you are looking for a full-time residence or a low-maintenance mountain retreat, this home delivers exceptional convenience with close proximity to shopping, dining, hiking and biking trails, historic Main Street, and world-class skiing at Park City Mountain Resort and Deer Valley Resort. Experience the best of Park City living in a serene setting that feels tucked away, yet close to it all.

Features

  • Fireplace
  • Alarm: Security
  • Closet: Walk-In
  • Disposal
  • Gas Log
  • Kitchen: Second
  • Kitchen: Updated
  • Oven: Gas
  • Range/Oven: Free Stdng.
  • Granite Countertops
  • Video Door Bell(s)
  • Balcony
  • Double Pane Windows

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 Tom White

KW Park City Keller Williams Real Estate

MLS #2163294

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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

75 / 100
Show 3 more

Everyday needs

56 / 100
Show 7 more

Internet

Excellent · fiber · 100/100
  • Utah Broadband

    Fixed Wireless · 2 Gbps

  • Utah Broadband

    Fiber · 2 Gbps

  • Xfinity

    Cable · 2 Gbps

All 10 providers
  • Utah BroadbandFixed Wireless2 Gbps2 Gbps
  • Utah BroadbandFiber2 Gbps2 Gbps
  • XfinityCable2 Gbps250 Mbps
  • All West/Utah Inc.Fiber1 Gbps1 Gbps
  • VerizonFixed Wireless300 Mbps20 Mbps
  • StarlinkSatellite280 Mbps30 Mbps
  • AT&TFixed Wireless100 Mbps20 Mbps
  • CenturyLinkDSL100 Mbps10 Mbps
  • HughesNetSatellite100 Mbps5 Mbps
  • Viasat IncSatellite100 Mbps3 Mbps
  • T-MobileFixed Wireless25 Mbps3 Mbps

Home details

Property

Type
Residential
Style
Condominium
Architectural style
Condo; Main Level
Year built
1998
Stories
1
Above grade area
1,455 sq ft
Condition
Blt./Standing
Construction
Other
Subdivision
THE COVE AT SUN PEAK/WINTER PARK
County
Summit
Zoning
Single-Family
MLS #
2163294

Costs

List price
$824,900
Original price
$875,000
HOA
$552 / Monthly
Annual taxes
$4,643
Home warranty
No

Lot and parking

Lot
1,307 sqft
Lot features
Cul-De-Sac,Road: Paved,View: Lake,View: Mountain,View: Water
Garage
1 car
Covered spaces
1
Total parking
2

Systems

Heating
Forced Air,Gas: Central,Gas: Stove
Cooling
Natural Ventilation
Roof
Composition
Flooring
Carpet
Basement
None
Water
Culinary
Sewer
Sewer: Connected
View
Lake,Mountain(s)
All home details58 details

Property Info

Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Condition
Blt./Standing
MLS #
2163294
County
Summit
Subdivision
THE COVE AT SUN PEAK/WINTER PARK
Year Built
1998
New Construction
No
Stories
1
Total Rooms
8
Living Area
1,455 sq ft
Above Grade Area
1,455 sq ft
Lot Size (Acres)
0.03
Lot Size
1,306.8 sq ft
Zoning
Single-Family

Bedrooms & Baths

Bedrooms
2
Total Bathrooms
2
Full Baths
2

Financial

List Price
$824,900
Original Price
$875,000
HOA Fees
$552
HOA Frequency
Monthly
HOA
Yes
Annual Taxes
$4,643
Home Warranty
No

Structure

Construction
Other
Basement
None
Roof
Composition
Flooring
Carpet
Heating
Forced Air,Gas: Central,Gas: Stove
Cooling
Natural Ventilation

Lot & Land

Lot Features
Cul-De-Sac,Road: Paved,View: Lake,View: Mountain,View: Water
Topography
Cul-de-Sac, Road: Paved, View: Lake, View: Mountain, View: Water
View
Lake,Mountain(s)
Waterfront
No
Horse Property
No

Parking

Garage
Yes
Garage Spaces
1
Carport
No
Covered Spaces
1
Open Parking
1
Total Parking
2
ADU
No

Amenities

Fireplace
Yes
Fireplaces
1
Pool
No
Spa/Hot Tub
No

Utilities

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

Schools

Elementary
Parley's Park
Middle School
Ecker Hill
High School
Park City
Elementary District
Park City

Timeline

Listed
Jun 1, 2026
Days on Market
144
Status
Active

Park City market

Explore Park City
  • Park City median

    $1,900,000

    This home: 57% 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

THE COVE AT SUN PEAK/WINTER PARK

5135 COVE DR ##204, Park City, UT 84098

Open in map search

Common questions

About 5135 COVE DR ##204, Park City, Utah
What is the asking price for 5135 COVE DR ##204, Park City?

5135 COVE DR ##204, Park City is listed at $824,900 ($567/sqft). The original list price was $875,000, representing a reduction of $50,100. This listing is currently active and available for showings.

Is 5135 COVE DR ##204, Park City a good deal?

Propaired's AI deal analysis classifies this property as a "Standard" with a deal score of 60/100. Key deal signals: 6% price reduction from original list; 149.0 days on market — potential negotiation opportunity. The price is 10% above similar homes in the area. This analysis considers price relative to comparables, days on market, price reductions, and market conditions.

Is 5135 COVE DR ##204, Park City a good investment property?

Based on market rental data, this property has an estimated annual rent of $45,181 with a gross rental yield of 5.5%. Net rental yield (after estimated expenses): 3.6%. Estimated debt service coverage ratio (DSCR): 0.74. Investor score: 27/100. These are estimates based on area comparables.

What lifestyle features does 5135 COVE DR ##204, Park City offer?

Propaired's AI has identified 9 lifestyle features for this property: Close to Skiing, Cabin & Mountain, OHV & ATV Trails, Trailhead & Hiking, Pool, Scenic Views, Sport Court, Historic & Character, Short-Term Rental. The primary lifestyle niche is "cabin_mountain." These tags are derived from MLS data, property features, and location analysis.

What recreation is near 5135 COVE DR ##204, Park City?

This property has a recreation score of 75/100. Nearby recreation includes: Colins trailhead (0.6 mi); Park park (0.6 mi); Canyons Golf Course (1.0 mi); Historic Union Pacific Rail Trail SP (4.8 mi). Skiing: Park City (6.2 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.

What amenities and services are near 5135 COVE DR ##204, Park City?

This property has an amenity proximity score of 56/100. Nearby services include: Grocery: Anaya's Market Park City (3.3 mi); Hospital: Jamie A. Prevedel Bowen, MD (4.2 mi); Pharmacy: Smith's Pharmacy (13.2 mi); Dining: White truffle caterin (3.3 mi). Gas station: 3.4 miles. Gym: Strength In These Mountains (4.3 mi).

All 8 questions
What schools serve 5135 COVE DR ##204, Park City?

Assigned schools: Elementary: Parley's Park; Middle: Ecker Hill; High: Park City. There are 1 schools within 3 miles of this property. The highest-rated nearby school is Winter Sports School with a 61% state performance score (1.0 miles away). School district: Park City.

What is the internet speed at 5135 COVE DR ##204, 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 (100 Mbps, DSL). Total providers: 10.

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