1125 Park Avenue, Park City, UT 84060
$755,000
Property Type:
Fractional Interest
Bedrooms:
4
Baths:
3
Square Footage:
2,585
Lot Size (sq. ft.):
2,875
Status:
Active
Current Price:
$755,000
List Date:
4/24/2024
Last Modified:
4/24/2024
Description
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.
More Information MLS# 12401458
Location Information
Street Number: 1125
Street Name: Park
Street Suffix: Avenue
State/Province: UT
Zip Code: 84060
County: Summit
Geographic Area: Park City
Major Area: Park City Limits
Area: 01 - Old Town
Subdivision: Old Town Area
School District: Park City
Contract Info
PC Soil Ordinance: No
Certificate of Compliance: No
PID - Public Infrastructure District: No
Current Price: $755,000
Date Listing Effective: 2024-04-24
List Price: $755,000
List Price/SqFt: 292.07
Listing & Compensation
Owner is Licensee: No
Property Info
FI Type: Fractional Interest 3 Weeks +
Tax ID: Jm-B
Apx Taxes: 8273
Tax Year: 2023
Construction New: Yes
Construction Status: Complete
Apx Year Built: 2023
Nightly Rental Allowed: No
Parking Spaces Covered: 1
Total Bathrooms: 3
Total Bedrooms: 4
Total Fireplaces: 1
Association/Occupant
HOA Dues: No
Size of House/Lot
Apx SqFt Total: 2585
Apx SqFt Finished: 2585
Source of House Measurement: Public Records
Apx Lot Size (SqFt): 2875
Apx Acres: 0.07
Source of Lot Measurement: Public Records
Remarks & Misc
Remarks - Public Headline: New Co-Ownership Opportunity: Own one-eighth of this Turnkey Home.
Public Remarks: 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.
Status Change Info
Status: Active
Time/Equity Share Season
Time/Equity Share Season: Other
Time Weeks Included: N/A
Time/Week/Interval Number: N/A
Time/Eq Share Interval Type: N/A
Garage Type
Garage Spaces: 1
Membership Amenities
Membership Available: No
Room Totals
Dining Room: 1
Family Room: 2
Fireplace: 1
Kitchen: 1
Laundry: 1
Master Bedroom: 1
Main Level Totals
Dining Room: 1
Family Room: 1
Kitchen: 1
Half Baths: 1
Fireplace: 1
Lower Level Totals
Family Room: 1
Full Baths: 1
3/4 Baths: 1
Laundry: 1
Master Bedroom: 1
Bedroom: 1
Lower Level 2 Totals
Full Baths: 1
3/4 Baths: 1
Master Bedroom: 1
Bedroom: 1
Property Features
Terms Offered: Cash; Conventional
Building Type: Single Home
Road Frontage Type: Public
Road Surface Type: Paved
Property Description: Gradual Slope; On Bus Route
Views: Mountain(s)
Environmental Certificate: See Remarks
Style: Mountain Contemporary
Exterior: Wood Siding
Construction: Frame - Wood
Foundation: Concrete Perimeter
Basement: Sump Pump
Roof: Asphalt; Shingle
Utilities: Cable Available; Electricity Connected; Natural Gas Connected
Water: Public
Sewage: Public Sewer
Heating: Mini-Split; Natural Gas; Radiant Floor
Cooling: Mini-Split
Equipment: Fire Pressure System; Garage Door Opener; Smoke Alarm; Water Heater - Gas; Water Softener - Owned
Appliances: Dishwasher; Disposal; Dryer; Electric Dryer Hookup; ENERGY STAR Qualified Refrigerator; ENERGY STAR QUALIFIED Washer; Gas Range; Microwave; Oven; Refrigerator; Washer
Interior Features: Electric Dryer Hookup; Furnished - Fully; Sauna; Spa/Hot Tub; Washer Hookup
Flooring: Wood
Exterior Features: Balcony; Deck(s); Gas BBQ; Heated Driveway; Landscaped - Fully; Lawn Sprinkler - Full; Spa/Hot Tub; Storage
Fencing: Partial
Fireplaces: Gas
Dining Area: Semi-Formal Dining
Garage Type: Attached
Other Park Type: Street
Common Area Amenities: Sauna
Association Fees Included: Snow Removal
Assessments: None
Listing Office: eXp Realty, LLC (Park City)
Last Updated: April - 24 - 2024
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