
1125 Park Ave Unit 2 Park City, UT 84060
Old Town NeighborhoodEstimated payment $4,903/month
Highlights
- Spa
- Rambler Architecture
- 1 Fireplace
- McPolin Elementary School Rated A
- Radiant Floor
- 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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,273
Year Built
- Built in 2023
Lot Details
- 3,049 Sq Ft Lot
- Partially Fenced Property
- Landscaped
- Sprinkler System
- Property is zoned Single-Family
Home Design
- Timeshare
- Rambler Architecture
- Cedar
Interior Spaces
- 2,585 Sq Ft Home
- 3-Story Property
- Dry Bar
- 1 Fireplace
- Basement Fills Entire Space Under The House
Kitchen
- Gas Oven
- Gas Range
- Portable Dishwasher
Flooring
- Wood
- Radiant Floor
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
Parking
- 3 Parking Spaces
- 3 Open Parking Spaces
Outdoor Features
- Spa
- Balcony
- Open Patio
- Outdoor Gas Grill
Schools
- Mcpolin Elementary School
- Treasure Mt Middle School
- Park City High School
Utilities
- Cooling Available
- Heat Pump System
- Radiant Heating System
- Natural Gas Connected
Community Details
- No Home Owners Association
- Park City Subdivision
Listing and Financial Details
- Assessor Parcel Number JM-B
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/30/2024 09/30/24 | For Sale | $755,000 | -- | $292 / Sq Ft |
Deed History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | -- | Metro Title & Escrow |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $2,109,000 | New Conventional | |
Open | $3,197,600 | New Conventional |
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Source: UtahRealEstate.com
MLS Number: 2026400

APN: JM-B