
1125 Park Ave Unit 3 Park City, UT 84060
Old Town NeighborhoodEstimated payment $4,383/month
Highlights
- Views of Ski Resort
- No HOA
- 2 Car Attached Garage
- McPolin Elementary School Rated A
- Double Oven
- 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
- $2,354
Year Built
- Built in 2023 | Remodeled
Lot Details
- 2,875 Sq Ft Lot
Parking
- 2 Car Attached Garage
Property Views
- Ski Resort
- Woods
- Trees
- Mountain
- Valley
Home Design
- Fractional Ownership
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,584 Sq Ft Home
- Multi-Level Property
- Gas Fireplace
- Dining Room
- Washer
Kitchen
- Double Oven
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 5 Bathrooms
Utilities
- Air Conditioning
- Forced Air Heating System
- Natural Gas Connected
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Old Town Area 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 |
---|---|---|---|---|
04/22/2025 04/22/25 | For Sale | $750,000 | -0.7% | $290 / Sq Ft |
12/30/2024 12/30/24 | Sold | -- | -- | -- |
12/09/2024 12/09/24 | Pending | -- | -- | -- |
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: Park City Board of REALTORS®
MLS Number: 12501674

APN: JM-B