• Price cut 4%

2585 ASPEN SPRINGS DR, Park City, UT 84060

$5,250,000

Originally listed at $5,450,000

Est. $30,714/mo

Beds
4
Baths
5
Sq ft
5,435
Built
1997

Why this home stands out

  • 3.1% year-over-year market appreciation
  • 4% price reduction from original list
  • 92.0 days on market — potential negotiation opportunity

About this home

Location, luxury, and indoor/outdoor space abound at 2585 Aspen Springs Dr, where 5,345 square feet of residential living on 0.56 acres is your oasis within Aspen Springs Ranch in Park City's Thaynes Canyon area. Sitting between Park City Mountain Resort's main base and the Canyons base, this 4 bedroom, 4.5 bathroom home, remodeled in 2022, is light and bright with an open floorplan. The home has a huge master suite and 3 other generous sized bedrooms, a large but cozy living room opening to a window-surrounded dining room, an updated kitchen with a butler pantry, a lower living room complete with wet bar a gorgeous wine room, and a bonus room with an ensuite bath that could be used for an extra bedroom/office/gym/media room. A large deck flanks the dining room for easy entertaining or wonderful mornings, afternoons, or evenings outside where you can enjoy views of Iron Mountain. In the winter, take in the snow capped views of Iron Mountain from the deck or from the private hot tub nestled in the back yard; or have a cozy evening by the wood burning fireplace. With radiant floors and a newly installed mini-split system for room to room heat and Air Conditioning, the home is comfortable all seasons of the year, and your energy bills are lower than average. Aspen Springs Ranch offers space and a rural feel so close to downtown Park City! Just 5 minutes to Main Street and 5 minutes from either base of Park City Mountain Resort, with shopping and dining 5 minutes away, this home is a haven in the heart of town! The information contained herein is furnished to the best of knowledge. Buyer and/or Buyer's agent responsible to verify the accuracy of all information. This information is subject to change without notice. Brokerage assumes no responsibility for accuracy.

Features

  • Spa / hot tub
  • Fireplace
  • Bar: Wet
  • Bath: Sep. Tub/Shower
  • Den/Office
  • Disposal
  • French Doors
  • Kitchen: Updated
  • Oven: Wall
  • Range/Oven: Built-In
  • Vaulted Ceilings
  • Granite Countertops
  • Silestone Countertops
  • Smart Thermostat(s)
  • Balcony
  • Deck; Covered
  • Entry (Foyer)
  • Patio: Open

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 Lara Lusher

Berkshire Hathaway HomeServices Utah Properties (Saddleview)

MLS #2172762

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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

77 / 100
Show 3 more

Everyday needs

61 / 100
Show 8 more

Internet

Excellent · 95/100
  • Xfinity

    Cable · 2 Gbps

  • Utah Broadband

    Fixed Wireless · 1 Gbps

  • Verizon

    Fixed Wireless · 300 Mbps

All 9 providers
  • XfinityCable2 Gbps250 Mbps
  • Utah BroadbandFixed Wireless1 Gbps1 Gbps
  • VerizonFixed Wireless300 Mbps20 Mbps
  • StarlinkSatellite280 Mbps30 Mbps
  • HughesNetSatellite100 Mbps5 Mbps
  • T-MobileFixed Wireless100 Mbps20 Mbps
  • Viasat IncSatellite100 Mbps3 Mbps
  • AT&TFixed Wireless25 Mbps3 Mbps
  • CenturyLinkDSL10 Mbps1 Mbps

Home details

Property

Type
Residential
Style
Single Family Residence
Architectural style
Tri/Multi-Level
Year built
1997
Stories
0
Condition
Blt./Standing
Construction
Stone,Other
Subdivision
ASPEN SPRINGS RANCH
County
Summit
Zoning
Single-Family
MLS #
2172762

Costs

List price
$5,250,000
Original price
$5,450,000
HOA
$445 / Annually
Annual taxes
$10,945
Home warranty
No

Lot and parking

Lot
0.56 ac
Lot features
Terrain: Grad Slope,View: Mountain
Garage
3 cars
Covered spaces
3
Total parking
3

Systems

Heating
Radiant Floor
Cooling
Seer 16 or higher
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Full
Appliances
Dryer,Microwave,Refrigerator,Washer,Water Softener Owned
Patio and porch
Patio: Open
Water
Culinary
Sewer
Sewer: Available,Sewer: Public
View
Mountain(s)
All home details62 details

Property Info

Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Tri/Multi-Level
Condition
Blt./Standing
MLS #
2172762
County
Summit
Subdivision
ASPEN SPRINGS RANCH
Year Built
1997
New Construction
No
Stories
0
Total Rooms
18
Living Area
5,435 sq ft
Lot Size (Acres)
0.56
Lot Size
24,393.6 sq ft
Zoning
Single-Family

Bedrooms & Baths

Bedrooms
4
Total Bathrooms
5
Full Baths
3
Half Baths
1
¾ Baths
1

Financial

List Price
$5,250,000
Original Price
$5,450,000
HOA Fees
$445
HOA Frequency
Annually
HOA
Yes
Annual Taxes
$10,945
Home Warranty
No

Structure

Construction
Stone,Other
Basement
Full
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Heating
Radiant Floor
Cooling
Seer 16 or higher
Appliances
Dryer,Microwave,Refrigerator,Washer,Water Softener Owned
Patio & Porch
Patio: Open

Lot & Land

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

Parking

Garage
Yes
Garage Spaces
3
Carport
No
Covered Spaces
3
Total Parking
3
ADU
No

Amenities

Fireplace
Yes
Fireplaces
2
Pool
No
Spa/Hot Tub
Yes
Inclusions
Alarm System, Dryer, Hot Tub, Microwave, Range, Refrigerator, Washer, Water Softener: Own, Window Coverings, Smart Thermostat(s)

Utilities

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

Schools

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

Timeline

Listed
Jul 17, 2026
Days on Market
67
Status
Active

Media

Property Website
Visit website

Park City market

Explore Park City
  • Park City median

    $1,900,000

    This home: 176% 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

ASPEN SPRINGS RANCH

2585 ASPEN SPRINGS DR, Park City, UT 84060

Open in map search

Common questions

About 2585 ASPEN SPRINGS DR, Park City, Utah
What is the asking price for 2585 ASPEN SPRINGS DR, Park City?

2585 ASPEN SPRINGS DR, Park City is listed at $5,250,000 ($966/sqft). The original list price was $5,450,000, representing a reduction of $200,000. This listing is currently active and available for showings.

Is 2585 ASPEN SPRINGS DR, Park City a good deal?

Propaired's AI deal analysis classifies this property as a "Standard" with a deal score of 45/100. Key deal signals: 3.1% year-over-year market appreciation; 4% price reduction from original list; 92.0 days on market — potential negotiation opportunity. The price is 17% above similar homes in the area. This analysis considers price relative to comparables, days on market, price reductions, and market conditions.

Is 2585 ASPEN SPRINGS DR, Park City a good investment property?

Based on market rental data, this property has an estimated annual rent of $124,122 with a gross rental yield of 2.4%. Net rental yield (after estimated expenses): 1.5%. Estimated debt service coverage ratio (DSCR): 0.32. Investor score: 21/100. These are estimates based on area comparables.

What lifestyle features does 2585 ASPEN SPRINGS DR, Park City offer?

Propaired's AI has identified 4 lifestyle features for this property: Close to Skiing, Luxury Estate, Hot Tub & Spa, Fixer-Upper. The primary lifestyle niche is "luxury_estate." These tags are derived from MLS data, property features, and location analysis.

What recreation is near 2585 ASPEN SPRINGS DR, Park City?

This property has a recreation score of 77/100. Nearby recreation includes: McLeod Creek trailhead (0.6 mi); Rotary Park park (0.1 mi); Park City Golf Course (0.5 mi); Historic Union Pacific Rail Trail SP (1.9 mi). Skiing: Deer Valley Resort (3.8 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.

What amenities and services are near 2585 ASPEN SPRINGS DR, Park City?

This property has an amenity proximity score of 61/100. Nearby services include: Grocery: Anaya's Market Park City (4.6 mi); Hospital: Intermountain Health Park City Hospital (3.1 mi); Pharmacy: Ridley's Pharmacy #1171 (11.2 mi); Dining: Silver Summit Café (4.0 mi). Gas station: 4.0 miles. Gym: Park City Fit (3.4 mi).

All 8 questions
What schools serve 2585 ASPEN SPRINGS DR, Park City?

Assigned schools: Elementary: Parley's Park; Middle: Ecker Hill; High: Park City. There are 2 schools within 3 miles of this property. The highest-rated nearby school is Park City High with a 64% state performance score (1.3 miles away). School district: Park City.

What is the internet speed at 2585 ASPEN SPRINGS DR, Park City?

This property has a broadband score of 95/100 (Excellent). Best available speed: 2000 Mbps download / 1000 Mbps upload. Fiber is not currently available at this address. Available providers: AT&T (25 Mbps, Fixed Wireless); CenturyLink (10 Mbps, DSL); HughesNet (100 Mbps, Satellite). Total providers: 9.

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