• Growth Market Deal

487 ONTARIO AVE, Park City, UT 84060

$3,579,000

Est. $22,073/mo

Beds
3
Baths
4
Sq ft
2,313
Built
1997

Why this home stands out

  • Priced 5% below AVM estimate
  • 10.9% year-over-year market appreciation

About this home

Experience the ultimate blend of luxury and location in this stunning fully remodeled Old Town Park City home, just steps from historic Main Street and the Town Lift. Completed in 2024, this down-to-the-studs renovation features exquisite finishes and state-of-the-art technology, all in one of Park City's most sought-after neighborhoods. Enjoy modern mountain living with radiant-heated floors, split unit cooling, gourmet kitchen with GE Caf appliances, custom designer furnishings, and a fully equipped smart home system. The expansive decks offer breathtaking views, while the new Bullfrog X-8 hot tub provides the perfect aprs-ski retreat. No HOA. Nightly rentals are allowed, making this a prime investment opportunity. Outside, the heated driveway and walkway ensure year-round convenience, while the oversized garage is designed for adventure with an EV Charger Ready, ski and bike storage, boot dryer and custom racking for gear. Whether you're looking for a turnkey rental property or a personal mountain escape, 487 Ontario Ave offers it all. Discerning buyers: prepare to be impressed.

Features

  • Fireplace
  • Bar: Dry
  • Bath: Primary
  • Bath: Sep. Tub/Shower
  • Closet: Walk-In
  • Disposal
  • Gas Log
  • Kitchen: Updated
  • Oven: Gas
  • Range: Countertop
  • Range: Down Vent
  • Range: Gas
  • Range/Oven: Built-In
  • Smart Thermostat(s)
  • Basement Entrance
  • Deck; Covered
  • Entry (Foyer)
  • Lighting
  • Patio: Covered
  • 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 CHRISTINE T GRENNEY

Summit Sotheby's International Realty

MLS #2167811

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
1997
Stories
4
Above grade area
1,906 sq ft
Condition
Blt./Standing
Construction
Cement Siding,Metal Siding
Subdivision
OLD TOWN
County
Summit
Zoning
Single-Family, Short Term Rental Allowed
MLS #
2167811

Costs

List price
$3,579,000
Annual taxes
$21,388
Home warranty
No

Lot and parking

Lot
1,742 sqft
Lot features
Road: Paved,Terrain: Steep Slope,View: Mountain,View: Valley
Garage
1 car
Covered spaces
1
Total parking
3

Systems

Heating
Gas: Radiant,Radiant Floor
Cooling
Central Air
Roof
Metal
Flooring
Hardwood,Tile
Basement
Walk-Out Access
Appliances
Ceiling Fan,Dryer,Microwave,Range Hood,Refrigerator,Washer,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio and porch
Covered
Water
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
All home details62 details

Property Info

Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Tri/Multi-Level
Condition
Blt./Standing
MLS #
2167811
County
Summit
Subdivision
OLD TOWN
Year Built
1997
New Construction
No
Stories
4
Total Rooms
11
Living Area
2,313 sq ft
Above Grade Area
1,906 sq ft
Lot Size (Acres)
0.04
Lot Size
1,742.4 sq ft
Zoning
Single-Family, Short Term Rental Allowed

Bedrooms & Baths

Bedrooms
3
Total Bathrooms
4
Full Baths
2
¾ Baths
2

Financial

List Price
$3,579,000
Original Price
$3,579,000
HOA
No
Annual Taxes
$21,388
Home Warranty
No

Structure

Construction
Cement Siding,Metal Siding
Basement
Walk-Out Access
Roof
Metal
Flooring
Hardwood,Tile
Heating
Gas: Radiant,Radiant Floor
Cooling
Central Air
Appliances
Ceiling Fan,Dryer,Microwave,Range Hood,Refrigerator,Washer,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Covered

Lot & Land

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

Parking

Garage
Yes
Garage Spaces
1
Carport
No
Covered Spaces
1
Open Parking
2
Total Parking
3
ADU
No

Amenities

Fireplace
Yes
Fireplaces
1
Pool
No
Spa/Hot Tub
No
Inclusions
Ceiling Fan, Dryer, Fireplace Insert, Hot Tub, Microwave, Range, Range Hood, Refrigerator, Washer, Water Softener: Own, Window Coverings, Smart Thermostat(s)

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
Jun 25, 2026
Days on Market
85
Status
Active

Media

Property Website
Visit website

Park City market

Explore Park City
  • Park City median

    $1,900,000

    This home: 88% 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

OLD TOWN

487 ONTARIO AVE, Park City, UT 84060

Open in map search

Common questions

About 487 ONTARIO AVE, Park City, Utah
What is the asking price for 487 ONTARIO AVE, Park City?

487 ONTARIO AVE, Park City is listed at $3,579,000 ($1547/sqft). This listing is currently active and available for showings.

Is 487 ONTARIO AVE, Park City a good deal?

Propaired's AI deal analysis classifies this property as a "Growth Market Deal" with a deal score of 95/100. Key deal signals: Priced 5% below AVM estimate; 10.9% year-over-year market appreciation. The price is 9% above similar homes in the area. This analysis considers price relative to comparables, days on market, price reductions, and market conditions.

Is 487 ONTARIO AVE, Park City a good investment property?

Based on market rental data, this property has an estimated annual rent of $80,439 with a gross rental yield of 2.3%. Net rental yield (after estimated expenses): 1.5%. Estimated debt service coverage ratio (DSCR): 0.30. Investor score: 56/100. These are estimates based on area comparables.

What lifestyle features does 487 ONTARIO AVE, Park City offer?

Propaired's AI has identified 8 lifestyle features for this property: Close to Skiing, Luxury Estate, Hot Tub & Spa, Smart Home, Green & Sustainable, Investor Special, Historic & Character, Short-Term Rental. The primary lifestyle niche is "luxury_estate." These tags are derived from MLS data, property features, and location analysis.

What recreation is near 487 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 487 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 487 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 (1.6 miles away). School district: Park City.

What is the internet speed at 487 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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