NOT LISTED FOR SALE

1128 Preserve Dr Park City, UT 84098

Estimated Value: $1,432,500

11 Acres
$126,995 Price per Acre
491,357 Sq Ft Lot

Last Sold November 08, 2024

Current estimated payment $9,123/month

235 Days on Market

Highlights

  • Views of Ski Resort
  • 11.28 Acre Lot
  • Trails
  • Trailside School Rated 10
  • Secluded Lot
  • Gated Home

About This Lot

As of November 2024

The Preserve provides remarkable privacy for its owners while affording easy access to everything Park City has to offer. Nestled in the heart of Utah's premier outdoor paradise, this expansive 11-acre lot offers an unparalleled opportunity to build your dream retreat. Priced to sell, this rare gem combines breathtaking natural beauty with year-round access to world-class recreation. Imagine waking up to panoramic views of snow-capped peaks and endless blue skies. This pristine property is a haven for outdoor enthusiasts, boasting direct access to miles of hiking and biking trails right from your doorstep. This lot backs up to open space with direct access to the famous Flying Dog trail system! Owners will enjoy that this site is protected from road noise & lights from I-80 & Hwy 40, as well as from local roads. The Preserve is also located within the highly sought after Park City School district boundaries. In winter, the world-renowned ski slopes of Park City are just a short drive away, offering an adventure-packed lifestyle that few can match. One of the standout features of this lot is the unobstructed views that stretch across the horizon. From every angle, you'll be captivated by the beauty of the mountains, lush valleys, and wide-open skies. The open space surrounding the property enhances the sense of seclusion, making it an idyllic escape from the hustle and bustle of city life. Enveloped in the peace and serenity of nature. Opportunities like this are increasingly rare. Whether you're looking to build your forever home or invest in a property that will be cherished for generations, this lot represents both a smart investment and a chance to create something truly extraordinary.

Last Listed By

Karen Jardine

Realtypath LLC License #10494962-SA00 Listed on: 10/18/2024

Realtypath LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,662

Lot Details

  • 11.28 Acre Lot
  • Property fronts a private road
  • South Facing Home
  • Southern Exposure
  • Gated Home
  • Natural State Vegetation
  • Secluded Lot
  • Sloped Lot
  • Irrigation
  • Many Trees
  • Few Trees

HOA Fees

  • $588 Monthly HOA Fees

Property Views

  • Ski Resort
  • Woods
  • Trees
  • Mountain
  • Meadow
  • Valley

Utilities

  • Natural Gas Connected
  • Septic Tank
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number Presrv-3-80

Community Details

Overview

  • Association fees include security, snow removal
  • Association Phone (307) 690-6182
  • The Preserve Subdivision

Amenities

  • Common Area

Recreation

  • Trails

Property Details

Property Type

Land

Est. Annual Taxes

$6,662

Lot Details

0

HOA Fees

$588 per month

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Gated, Private Road
  • Property Sub Type: Acreage
  • Lot Size Acres: 11.28
  • Subdivision Name: The Preserve
  • Contract Info:Short Sale: No
  • Contract Info:BankLender Owned: No
  • Property Info:Tax ID: Presrv-3-80
  • Property Info:Apx Taxes: 6662.0
  • Property Info:Tax Year2: 2023
  • Property Info:Access: Year Round
  • Size of Lot:Apx Lot Size (SqFt)3: 491357.0
  • Size of Lot:Apx Acres3: 11.28
  • Property Description:Gradual Slope: Yes
  • Property Description:Natural Vegetation: Yes
  • Property Description:Secluded: Yes
  • Views:Mountain(s): Yes
  • Utilities:Phone Available: Yes
  • Recreation Access:HikeBike Trail - Adjoining Property: Yes
  • Property Description:Adjacent Common Area Land: Yes
  • Property Description:South Facing: Yes
  • Views:Meadow: Yes
  • Views:Ski Area: Yes
  • Views:Valley: Yes
  • Water:Public2: Yes
  • Recreation Access:HikeBike Trail - Adjoining Project: Yes
  • Road Frontage Type:Gated: Yes
  • Road Frontage Type:Private Road: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Views:TreesWoods: Yes
  • Water Irrigation: Yes
  • Sewage:Septic Tank2: Yes
  • Property Description:Many Trees: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Many Trees, Adjacent Common Area Land, Gradual Slope, Natural Vegetation, Secluded, South Facing
  • View: Trees/Woods, Meadow, Mountain(s), Ski Area, Valley

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Available
  • Sewer: Septic Tank
  • Water Source: Irrigation, Public

Association/Amenities

  • MembershipAmenitiesMembershipAvailable: No
  • AssociationOccupant:HOA Dues: Yes
  • AssociationOccupant:HOA Dues2: 7050.0
  • AssociationOccupant:HOA Dues Frequency: Annually
  • AssociationOccupant:HOA Contact: Teri Hoenstine
  • AssociationOccupant:HOA Contact Phone: 307-690-6182
  • Association Fees Include:Snow Removal2: Yes
  • Common Area Amenities:Pets Allowed: Yes
  • Association Fees Include:Security3: Yes

Condo/Co-op/Association

  • Amenities: Pets Allowed
  • Association Fee: 7050.0
  • Association Fee Frequency: Annually
  • Phone: 307-690-6182
  • Association: Yes

Fee Information

  • Association Fee Includes: Security, Snow Removal

Lot Info

  • Lot Size Sq Ft: 491356.8
  • Parcel #: Presrv-3-80
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6662.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2024
Closed on
Nov 6, 2024
Sold by
82 Preserve Llc
Bought by
Hutton Kirk Scott and Hutton Mary Kathleen
Seller's Agent
Karen Jardine
Realtypath LLC
Buyer's Agent
Michele Croise
BHHS Utah Properties - SV
List Price
$1,600,000
Sold Price
$1,375,000
Premium/Discount to List
-$225,000
-14.06%
Total Days on Market
235
Views
2
Current Estimated Value
$1,432,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,500
Avg. Annual Appreciation
18.21%

Purchase Details

Closed on
Sep 10, 2019
Sold by
Clayton Assc 401K Profit Sharing Plan
Bought by
82 Preserve Llc

Purchase Details

Listed on
Aug 24, 2016
Closed on
Dec 1, 2016
Sold by
Fcoi Preserve Llc
Bought by
Clayton Association 401 K Profit Sharing
Seller's Agent
Greg Miner
KW Park City Keller Williams Real Estate
Buyer's Agent
Matthew Magnotta
Talisker Mountain Realty
List Price
$524,000
Sold Price
$474,050
Premium/Discount to List
-$49,950
-9.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.58%

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hutton Kirk Scott -- Metro Title & Escrow
Hutton Kirk Scott -- Metro Title & Escrow
82 Preserve Llc -- Metro National Title
Clayton Association 401 K Profit Sharing -- Summit Escrow & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 82 Preserve Llc $770,238
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2024 11/08/24 Sold -- -- --
10/26/2024 10/26/24 Pending -- -- --
10/18/2024 10/18/24 Price Changed $1,500,000 -6.3% --
10/18/2024 10/18/24 For Sale $1,600,000 0.0% --
10/09/2024 10/09/24 Pending -- -- --
09/18/2024 09/18/24 Price Changed $1,600,000 -3.0% --
07/22/2024 07/22/24 Price Changed $1,650,000 -5.7% --
03/04/2024 03/04/24 For Sale $1,750,000 +234.0% --
12/05/2016 12/05/16 Sold -- -- --
11/06/2016 11/06/16 Pending -- -- --
09/02/2015 09/02/15 For Sale $524,000 -- --
Source: Park City Board of REALTORS®

Tax History Compared to Growth

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 $6,662 $1,205,600 $1,205,600 $0
2022 $4,206 $673,600 $673,600 $0
2021 $3,969 $556,600 $556,600 $0
2020 $4,190 $556,600 $556,600 $0
2019 $3,328 $424,975 $424,975 $0
2018 $3,328 $424,975 $424,975 $0
2017 $3,078 $424,975 $424,975 $0
2016 $3,309 $424,975 $424,975 $0
2015 $3 $316 $0 $0
2013 $3 $316 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Park City Board of REALTORS®

MLS Number: 12400729

Park City Board of REALTORS®

APN: PRESRV-3-80