- Price cut 5%
481 E WASATCH WAY, Park City, UT 84098
$1,799,000
Originally listed at $1,899,000
Est. $10,647/mo
- Beds
- 4
- Baths
- 3
- Sq ft
- 2,495
- Built
- 1993
Why this home stands out
- 5% price reduction from original list
About this home
Experience the best of mountain living on 3.68 private acres in coveted Silver Creek Estates. Framed by sweeping panoramic views of Park City Mountain, this thoughtfully updated property offers an exceptional combination of space, privacy, and flexibility. The detached garage includes a beautifully finished ADU, creating endless possibilities for guests, a private office, studio, or potential rental opportunity. Enjoy room for horses, outdoor recreation, and future possibilities, all while being just minutes from Kimball Junction, world-class skiing, championship golf, dining, shopping, and miles of year-round trails. Thoughtfully priced to sell, this is a rare opportunity to own acreage, breathtaking views, and the Park City lifestyle at an exceptional value. Buyer to verify all information and measurements .
Features
- Out Buildings
Agents
Connect with your buyer agent
Get local guidance on this home from Juston.
Salt Lake County Realtor | Smart Real Estate. Lasting Legacy.
20 yrs experience
Listed by Bopi Villarino
SimpliHOM
MLS #2174053
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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- Trailside
Elementary
- Ecker Hill
Middle School
- Park City
High School
- Silver Summit School
K-8 School · 1.8 mi
62% proficient
Home details
Property
- Type
- Residential
- Style
- Single Family Residence
- Architectural style
- Tri/Multi-Level
- Year built
- 1993
- Stories
- 2
- Above grade area
- 2,495 sq ft
- Condition
- Blt./Standing
- Construction
- Composition
- Subdivision
- SILVER CREEK ESTATES
- County
- Summit
- Zoning
- Single-Family, Short Term Rental Allowed
- MLS #
- 2174053
Costs
- List price
- $1,799,000
- Original price
- $1,899,000
- Annual taxes
- $5,375
- Home warranty
- No
Lot and parking
- Lot
- 3.68 ac
- Lot features
- View: Mountain
- Garage
- 1 car
- Covered spaces
- 1
- Total parking
- 1
Systems
- Heating
- Gas: Stove
- Roof
- Composition
- Basement
- Full
- Water
- Well
- Sewer
- Septic Tank
- View
- Mountain(s)
All home details55 details
Property Info
- Property Type
- Residential
- Property Style
- Single Family Residence
- Architectural Style
- Tri/Multi-Level
- Condition
- Blt./Standing
- MLS #
- 2174053
- County
- Summit
- Subdivision
- SILVER CREEK ESTATES
- Year Built
- 1993
- New Construction
- No
- Stories
- 2
- Total Rooms
- 7
- Living Area
- 2,495 sq ft
- Above Grade Area
- 2,495 sq ft
- Lot Size (Acres)
- 3.68
- Lot Size
- 160,300.8 sq ft
- Zoning
- Single-Family, Short Term Rental Allowed
Bedrooms & Baths
- Bedrooms
- 4
- Total Bathrooms
- 3
- Full Baths
- 2
- Half Baths
- 1
Financial
- List Price
- $1,799,000
- Original Price
- $1,899,000
- HOA
- No
- Annual Taxes
- $5,375
- Home Warranty
- No
Structure
- Construction
- Composition
- Basement
- Full
- Roof
- Composition
- Heating
- Gas: Stove
Lot & Land
- Lot Features
- View: Mountain
- Topography
- Terrain, Flat, View: Mountain
- View
- Mountain(s)
- Waterfront
- No
- Horse Property
- No
Parking
- Garage
- Yes
- Garage Spaces
- 1
- Carport
- No
- Covered Spaces
- 1
- Total Parking
- 1
- ADU
- Yes
Amenities
- Fireplace
- No
- Pool
- No
- Spa/Hot Tub
- No
- Inclusions
- Fireplace Insert
Utilities
- Water Source
- Well
- Sewer
- Septic Tank
- Utilities
- Natural Gas Connected,Sewer: Septic Tank
Schools
- Elementary
- Trailside
- Middle School
- Ecker Hill
- High School
- Park City
- Elementary District
- Park City
Timeline
- Listed
- Jul 23, 2026
- Days on Market
- 21
- Status
- Active
Media
- Property Website
- Visit website
Park City market
Explore Park CityPark City median
$1,900,000
This home: 5% 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
SILVER CREEK ESTATES481 E WASATCH WAY, Park City, UT 84098
Open in map searchCommon questions
About 481 E WASATCH WAY, Park City, UtahWhat is the asking price for 481 E WASATCH WAY, Park City?
481 E WASATCH WAY, Park City is listed at $1,799,000 ($721/sqft). The original list price was $1,899,000, representing a reduction of $100,000. This listing is currently active and available for showings.
Is 481 E WASATCH WAY, 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: 5% price reduction from original list. The price is 14% above similar homes in the area. This analysis considers price relative to comparables, days on market, price reductions, and market conditions.
Is 481 E WASATCH WAY, Park City a good investment property?
Based on market rental data, this property has an estimated annual rent of $56,882 with a gross rental yield of 3.2%. Net rental yield (after estimated expenses): 2.1%. Estimated debt service coverage ratio (DSCR): 0.43. Investor score: 16/100. These are estimates based on area comparables.
What lifestyle features does 481 E WASATCH WAY, Park City offer?
Propaired's AI has identified 3 lifestyle features for this property: Hot Tub & Spa, Scenic Views, ADU & Multigenerational. The primary lifestyle niche is "adu_multigenerational." These tags are derived from MLS data, property features, and location analysis.
What schools serve 481 E WASATCH WAY, Park City?
Assigned schools: Elementary: Trailside; Middle: Ecker Hill; High: Park City. There are 1 schools within 3 miles of this property. The highest-rated nearby school is Silver Summit School with a 62% state performance score (1.8 miles away). School district: Park City.
Is 481 E WASATCH WAY, Park City in a flood zone?
This property is classified as low. FEMA flood zone: X (AREA OF MINIMAL FLOOD HAZARD). Flood insurance is not typically required but may be recommended. Always verify current FEMA maps as they are periodically updated.
All 8 questions
How does this listing compare to the Park City market?
481 E WASATCH WAY, Park City is listed at $1,799,000, which is below the Park City median of $1,900,000 by $101,000. There are currently 576 active listings in Park City. Homes in Park City sell in an average of 91 days. The average sale-to-list ratio is 96.5%.
What is the commute like from 481 E WASATCH WAY, Park City?
481 E WASATCH WAY, Park City is located in Park City, in the Wasatch Front region of Utah. With a population of approximately 8,000, Park City has good transportation access. Commute times vary by destination — most Wasatch Front cities are within 30-60 minutes of downtown Salt Lake City via I-15. Consider rush-hour traffic patterns when evaluating this location.
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