$755,000
NEW CONSTRUCTION

1125 Park Ave Park City, UT 84060

Estimated payment $4,871/month

Total Views 21,797
4 Beds
3 Baths
2,585 Sq Ft
$292 Price per Sq Ft

Highlights

  • Heated Driveway
  • New Construction
  • Sauna
  • McPolin Elementary School Rated A
  • Spa
  • 4-minute walk to City Park

About This Home

New co-ownership opportunity: Own one-eighth of this turnkey home, professionally managed by Pacaso. Historic charm meets modern living in Timberline, a 4-bedroom, 5-bath home in the heart of Park City's coveted Old Town. Close to skiing, restaurants, and shops, the renovated home's modern addition takes the mountain lifestyle to new heights. The spacious open floor plan great room combines vaulted ceilings, wide-plank oak floors, and a custom fireplace to create the perfect gathering spot. The gourmet kitchen features a custom island, Sub-Zero and Wolf appliances, and a dining area that seats 10. The backsplash is decorated with handcrafted Moroccan tile and the custom range hood has reclaimed wood trim. The primary suite exudes spa-like luxury, with vaulted ceilings, built-in cabinets, and an en suite bath featuring a soaking tub, dual vanity, walk-in shower, and backlit mirrors. Each guest room - including one with built-in bunk beds - has an en suite bathroom. Plus, there's a custom hybrid 2-in-1 infrared/traditional Finnish sauna and a backyard hot tub. A spiral staircase leads to a private open-air roof deck with panoramic views and a cozy fire pit. A lower-level family room with a wet bar makes entertaining easy. The heated garage includes an EV charging station. The home is currently undergoing a design refresh. It will have all new furniture and be professionally decorated.

Listing Agent

Michael Hludzinski

eXp Realty, LLC (Park City) License #6026300-SA00 Listed on: 10/29/2024

eXp Realty, LLC  (Park City)

Co-Listing Agent

David Lawson

eXp Realty, LLC (Park City) License #5488734-SA00

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,273

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 2,875 Sq Ft Lot
  • Partially Fenced Property
  • Sloped Lot
  • Sprinkler System

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Heated Driveway
  • On-Street Parking

Home Design

  • Fractional Ownership
  • Mountain Contemporary Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,585 Sq Ft Home
  • Furnished
  • Gas Fireplace
  • Family Room
  • Formal Dining Room
  • Sauna
  • Mountain Views
  • Sump Pump
  • Fire and Smoke Detector

Kitchen

  • <<OvenToken>>
  • Gas Range
  • <<microwave>>
  • ENERGY STAR Qualified Refrigerator
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Radiant Floor

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • ENERGY STAR Qualified Washer

Outdoor Features

  • Spa
  • Balcony
  • Outdoor Storage

Location

  • Property is near public transit
  • Property is near a bus stop

Utilities

  • Mini Split Air Conditioners
  • Heating System Uses Natural Gas
  • Mini Split Heat Pump
  • Natural Gas Connected
  • Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number Jm-B-1

Community Details

Overview

  • No Home Owners Association
  • Association fees include snow removal
  • Old Town Area Subdivision

Amenities

  • Sauna

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,273

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

1

Listing Details

  • MainLevelTotalsDiningRoom: 1
  • MainLevelTotalsFamilyRoom: 1
  • MainLevelTotalsHalfBaths: 1
  • Prop. Type: Fractional Interest
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Lot Size Acres: 0.07
  • Co List Office Mls Id: 5023
  • Co List Office Phone: 801-526-6076
  • Subdivision Name: Old Town Area
  • Architectural Style: Mountain Contemporary
  • New Construction: Yes
  • Year Built: 2023
  • Contract Info:Short Sale: No
  • Contract Info:BankLender Owned: No
  • Property Info:Tax ID: Jm-B-1
  • Property Info:Apx Taxes: 8273.0
  • Property Info:Tax Year2: 2023
  • Property Description:Gradual Slope: Yes
  • Views:Mountain(s): Yes
  • Utilities:Cable Available: Yes
  • Sewage:Public Sewer: Yes
  • Water:Public2: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Property Info:Construction New: Yes
  • Property Info:Construction Status: Complete
  • Property Info:Total Fireplaces: 1
  • Size of HouseLot:Apx SqFt Finished: 2585.0
  • Size of HouseLot:Apx Acres2: 0.07
  • Style:Mountain Contemporary: Yes
  • Foundation:Concrete Perimeter: Yes
  • Roof:Asphalt: Yes
  • Roof:Shingle: Yes
  • Equipment:Smoke Alarm: Yes
  • Equipment:Water Heater - Gas: Yes
  • Equipment:Water Softener - Owned: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Flooring:Wood2: Yes
  • Dining Area:Semi-Formal Dining: Yes
  • Garage Type Attached: Yes
  • Room Totals:Family Room7: 2
  • Room Totals:Fireplace8: 1
  • Main Level Totals:Fireplace2: 1
  • Lower Level Totals:Family Room3: 1
  • Lower Level Totals:Full Baths3: 1
  • Building Type:Single Home: Yes
  • Exterior:Wood Siding: Yes
  • Washers: Yes
  • Room Totals:Dining Room7: 1
  • Size of HouseLot:Apx Lot Size (SqFt)2: 2875.0
  • Property Description:On Bus Route: Yes
  • Fencing:Partial: Yes
  • Lower Level 2 Totals:Full Baths5: 1
  • Cooling:Mini-Split2: Yes
  • Room Totals:Laundry8: 1
  • Lower Level Totals:Laundry4: 1
  • Other Park Type:Street: Yes
  • Appliances Dryer: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: ENERGY STAR Qualified Washer, Electric Dryer Hookup, Dishwasher, Disposal, ENERGY STAR Qualified Refrigerator, Gas Range, Microwave, Oven, Refrigerator, Washer
  • Has Basement: Sump Pump
  • Flooring: Wood
  • Interior Amenities: Spa/Hot Tub, Electric Dryer Hookup, Sauna
  • Furnished: Furnished - Fully
  • Other Equipment: Fire Pressure System, Garage Door Opener, Smoke Alarm, Water Heater - Gas, Water Softener - Owned
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Oven: Yes
  • Interior Features:Furnished - Fully: Yes
  • Interior Features:Washer Hookup: Yes
  • Number of Fireplaces Gas: Yes
  • Basement:Sump Pump: Yes
  • Interior Features:Electric Dryer Hookup: Yes
  • Appliances:ENERGY STAR Qualified Refrigerator: Yes
  • Interior Features:Sauna2: Yes
  • Interior Features:SpaHot Tub3: Yes
  • Appliances:Electric Dryer Hookup2: Yes

Exterior Features

  • Exterior Features: Gas Grill, Storage, Balcony, Heated Driveway
  • Fencing: Partial
  • Roof: Asphalt, Shingle
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Gradual Slope, On Bus Route
  • View: Mountain(s)
  • Construction Type: Wood Siding
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Exterior Features:Lawn Sprinkler - Full: Yes
  • Exterior Features:Balcony: Yes
  • Construction:Frame - Wood: Yes
  • Exterior Features:Heated Driveway: Yes
  • Exterior Features:SpaHot Tub2: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Street
  • Property Info:Parking Spaces Covered: 1
  • Equipment:Garage Door Opener: Yes

Utilities

  • Cooling: Mini-Split
  • Heating: Mini-Split, Natural Gas, Radiant Floor
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected
  • Laundry Features: Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Radiant Floor: Yes
  • Heating:Mini-Split: Yes

Association/Amenities

  • MembershipAmenitiesMembershipAvailable: No
  • AssociationOccupant:HOA Dues: No
  • AssociationOccupant:Currently Occupied: Call Listing Agent
  • Association Fees Included:Snow Removal: Yes
  • Common Area Amenities:Sauna: Yes

Condo/Co-op/Association

  • Amenities: Sauna
  • Association: No

Fee Information

  • Association Fee Includes: Snow Removal

Lot Info

  • Development Status: Construction Status
  • Lot Size Sq Ft: 2875.0
  • Parcel #: Jm-B-1

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8273.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $8,273 $1,467,432 $1,050,000 $417,432
2022 $5,690 $863,767 $800,000 $63,767
2021 $0 $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2024 10/16/24 Sold -- -- --
09/25/2024 09/25/24 For Sale $755,000 0.0% $292 / Sq Ft
09/23/2024 09/23/24 Pending -- -- --
04/24/2024 04/24/24 For Sale $755,000 -49.7% $292 / Sq Ft
10/30/2020 10/30/20 Sold -- -- --
10/01/2020 10/01/20 Pending -- -- --
05/08/2020 05/08/20 For Sale $1,500,000 -- $1,676 / Sq Ft
Source: Park City Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Metro Title & Escrow
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,109,000 New Conventional
Open $3,197,600 New Conventional
Previous Owner $111,800 Credit Line Revolving
Source: Public Records

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Source: Park City Board of REALTORS®

MLS Number: 12404337

Park City Board of REALTORS®

APN: JM-B