$1,825,000
$25K PRICE DROP

Estimated payment $11,222/month

Total Views 1,597
5 Beds
4.5 Baths
3,236 Sq Ft
$564 Price per Sq Ft

Highlights

  • Views of Ski Resort
  • Accessory Dwelling Unit (ADU)
  • Deck
  • Parley's Park Elementary School Rated A-
  • Open Floorplan
  • Vaulted Ceiling

About This Home

$25,000.00 PRICE REDUCTION. Remarkable 5-bedroom, 5-bathroom retreat in the sought-after Silver Springs neighborhood, perfectly blending comfort, style, and convenience. Designed for both relaxation and entertainment, this spacious home offers three unique setup, one family, rental units (long or short term) or family occupying one side, while renting out Unit B. Many options await you.
At the heart of the home, the newly remodeled gourmet kitchen shines with custom alder cabinetry, gleaming granite countertops, high-end stainless steel appliances, and an expansive raised island and bar. The living room offers a warm, inviting atmosphere with a striking gas fireplace framed by an onyx surround, complemented by soaring vaulted ceilings and double-height windows that capture breathtaking mountain views and abundant natural light.
The corner lot is thoughtfully landscaped, featuring raised beds on the sunny south side for vegetable gardening and a private deck on the north side, perfect for unwinding. An oversized two-car garage and extended driveway provide ample parking for up to four vehicles, while new engineered wood flooring throughout ensures easy maintenance and durability.
Silver Springs' community amenities are unparalleled, including two scenic lakes perfect for paddleboarding, fishing, and canoeing, plus nearby parks, playgrounds, and extensive biking and hiking trails. Willow Creek's groomed Nordic trails are just blocks away, connecting to the heart of Park City. With easy walking access to Parley's Park Elementary School and close proximity to Canyons Village, Utah Olympic Park, and the vibrant Kimball Junction, this home places you at the center of it all. Historic Old Town, Deer Valley® Resort, and a wealth of fine dining are just minutes away, offering year-round activities and entertainment for every lifestyle.

Listing Agent

Tyler Peterson

Realty One Group Signature License #12078241-SA00

Realty One Group Signature

Co-Listing Agent

Luis Carter

Realty One Group Signature License #9725407-AB00

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,580

Year Built

  • Built in 1988 | Remodeled in 2021

Lot Details

  • 4,356 Sq Ft Lot
  • Partially Fenced Property
  • Landscaped
  • Corner Lot
  • Level Lot
  • Partial Sprinkler System
  • Few Trees

HOA Fees

  • $71 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Property Views

  • Ski Resort
  • Woods
  • Trees
  • Mountain

Home Design

  • Mountain Contemporary Architecture
  • Property Attached
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Stone Siding
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • 3,236 Sq Ft Home
  • Multi-Level Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Great Room
  • Dining Room
  • Storage
  • Partial Basement

Kitchen

  • Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Outdoor Features

  • Deck
  • Patio

Additional Homes

  • Accessory Dwelling Unit (ADU)
  • 910 SF Accessory Dwelling Unit
  • ADU includes 1 Bedroom and 2 Bathrooms
  • Guest House Includes Kitchen

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • Association Phone (435) 659-6177
  • Silver Springs Subdivision
  • Property managed by Vacasa

Listing and Financial Details

  • Assessor Parcel Number Mw-1-21

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,580

Year Built

Built in 1988 | Remodeled in 2021

Lot Details

0

HOA Fees

$71 per month

Parking

2

Listing Details

  • MainLevelTotalsBedroom: 1
  • MainLevelTotalsDiningRoom: 2
  • MainLevelTotalsGreatRoom: 2
  • MainLevelTotalsHalfBaths: 1
  • Prop. Type: Residential
  • Road Frontage Type: Public
  • Road Surface Type: Gravel
  • AccessoryDwellingUnitADUBathrooms: 2
  • AccessoryDwellingUnitADUBedrooms: 1
  • AccessoryDwellingUnitADUBuildingType: Attached
  • AccessoryDwellingUnitADUCookingArea: Yes
  • AccessoryDwellingUnitADUMeter: Main
  • AccessoryDwellingUnitADU Sq Ft: 910.0
  • Property Sub Type: Attached
  • Lot Size Acres: 0.17
  • Co List Office Mls Id: SIGN
  • Co List Office Phone: 801-208-3800
  • Subdivision Name: Silver Springs
  • Architectural Style: Mountain Contemporary, Multi-Level Unit
  • New Construction: No
  • Year Built: 1988
  • ResoBuildingAreaSource: PublicRecords
  • Contract Info:Short Sale: No
  • Contract Info:BankLender Owned: No
  • Property Info:Tax ID: Mw-1-21
  • Property Info:Apx Taxes: 11580.0
  • Property Info:Tax Year2: 2024
  • Property Info:Access: Year Round
  • Views:Mountain(s): Yes
  • Utilities:Cable Available: Yes
  • Utilities:High Speed Internet Available: Yes
  • Utilities:Phone Available: Yes
  • Sewage:Public Sewer: Yes
  • Views:Ski Area: Yes
  • Water:Public2: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Property Info:Construction New: No
  • Property Info:Construction Status: Complete
  • Property Info:Total Half Baths2: 1
  • Property Info:Total Fireplaces: 3
  • Property Info:Accessory Dwelling Unit YN: Yes
  • Size of HouseLot:Apx SqFt Finished: 3236.0
  • Size of HouseLot:Apx Acres2: 0.17
  • Views:TreesWoods: Yes
  • Style:Mountain Contemporary: Yes
  • Exterior:Stone: Yes
  • Foundation:Concrete Perimeter: Yes
  • Roof:Asphalt: Yes
  • Roof:Shingle: Yes
  • Equipment:Water Heater - Gas: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Flooring:Carpet: Yes
  • Flooring:Tile: Yes
  • Flooring:Wood2: Yes
  • Room Totals:Fireplace8: 3
  • Main Level Totals:Fireplace2: 2
  • Lower Level Totals:Fireplace4: 1
  • Style:Multi-Level Unit: Yes
  • Exterior:Wood Siding: Yes
  • Room Totals:Dining Room7: 2
  • Room Totals:Great Room7: 2
  • Property Info:Mother-in-Law Apartment: Yes
  • Property Info:Total 34 Baths2: 4
  • Size of HouseLot:Apx Lot Size (SqFt)2: 4356.0
  • Property Description:Level: Yes
  • Fencing:Partial: Yes
  • Dining Area:Informal Dining: Yes
  • Property Info:Apx Year Remodeled: 2021
  • Cooling:None5: Yes
  • Property Description:Corner Lot: Yes
  • Foundation:Slab: Yes
  • Upper Level Totals:Laundry3: 2
  • Room Totals:Laundry8: 2
  • Property Description:Few Trees: Yes
  • Other Structures:Guest House: Yes
  • Special Features: None
  • Year Renovated: 2021

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Oven, Refrigerator, Washer/Dryer Stacked, Other
  • Has Basement: Partial
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Electric Dryer Hookup, Kitchen Island, Lock-Out, Open Floorplan, Ski Storage, Vaulted Ceiling(s), Washer Hookup
  • Other Equipment: Appliances, Garage Door Opener, Water Heater - Gas
  • Accessibility Features: None
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Gas Starter, Wood Burning
  • Fireplaces: 3
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Oven: Yes
  • Interior Features:Washer Hookup: Yes
  • Appliances: Yes
  • Appliances:WasherDryer Stacked: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Fireplaces:Gas Starter: Yes
  • Interior Features:Ski Storage3: Yes
  • Number of Fireplaces Woodburning: Yes
  • Interior Features:Electric Dryer Hookup: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Lock-Out: Yes
  • Basement:Partial2: Yes
  • Appliances:Electric Dryer Hookup2: Yes

Exterior Features

  • Exterior Features: Deck(s), Landscaped - Fully, Lawn Sprinkler - Partial, Patio(s)
  • Fencing: Partial
  • Roof: Asphalt, Shingle
  • Other Structures: Guest House
  • Lot Features: Few Trees, Corner Lot, Level, See Remarks
  • View: Mountain(s), Ski Area, Trees/Woods
  • Construction Type: Stone, Wood Siding
  • Foundation Details: Slab, Concrete Perimeter
  • Exterior Features:Deck(s): Yes
  • Exterior Features:Landscaped - Fully: Yes
  • Exterior Features:Patio(s): Yes
  • Construction:Frame - Wood: Yes
  • Exterior Features:Lawn Sprinkler - Partial: Yes

Garage/Parking

  • OtherParkTypeParkingSpaces: 4
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Property Info:Parking Spaces Covered: 2
  • Equipment:Garage Door Opener: Yes
  • Size of HouseLot:Apx SqFt Garage: 484
  • Size of HouseLot:Source of Garage Measurements: Public Records

Utilities

  • Cooling: None
  • Heating: Fireplace(s), Forced Air, Natural Gas
  • Utilities: Cable Available, Electricity Connected, High Speed Internet Available, Natural Gas Connected, Phone Available
  • Laundry Features: Electric Dryer Hookup
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Fireplace(s): Yes

Association/Amenities

  • MembershipAmenitiesMembershipAvailable: No
  • AssociationOccupant:HOA Dues: Yes
  • AssociationOccupant:HOA Dues2: 850.0
  • AssociationOccupant:HOA Dues Frequency: Annually
  • AssociationOccupant:HOA Contact: Helen
  • AssociationOccupant:HOA Contact Phone: 435-659-6177
  • AssociationOccupant:Currently Occupied: Call Listing Agent
  • Common Area Amenities:See Remarks30: Yes
  • AssociationOccupant:Mgmt Rental Co: Yes
  • AssociationOccupant:Mgmt Rental Company: Vacasa
  • Membership Amenities:Ski Club Membership: Not Available
  • Association Fees Included:Other3: Yes

Condo/Co-op/Association

  • Association Fee: 850.0
  • Association Fee Frequency: Annually
  • Phone: 435-659-6177
  • Association: Yes

Lot Info

  • Development Status: Construction Status
  • Lot Size Sq Ft: 4356.0
  • Parcel #: Mw-1-21
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 11580.0

Map

Range of Values:

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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 $10,999 $1,921,920 $550,000 $1,371,920
2022 $11,532 $1,781,329 $550,000 $1,231,329
2021 $3,992 $513,925 $88,000 $425,925
2020 $2,528 $320,612 $88,000 $232,612
2019 $2,650 $320,612 $88,000 $232,612
2018 $2,272 $274,931 $82,500 $192,431
2017 $2,112 $274,931 $82,500 $192,431
2016 $2,150 $260,178 $82,500 $177,678
2015 $2,384 $272,248 $0 $0
2013 $2,091 $224,970 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2025 03/23/25 For Sale $1,825,000 0.0% $564 / Sq Ft
03/06/2025 03/06/25 Pending -- -- --
01/14/2025 01/14/25 Price Changed $1,825,000 -1.4% $564 / Sq Ft
11/15/2024 11/15/24 For Sale $1,850,000 -- $572 / Sq Ft
Source: Park City Board of REALTORS®

Deed History

Date Type Sale Price Title Company
Warranty Deed -- First American Title
Warranty Deed -- First American Title
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,540,000 New Conventional
Closed $1,540,000 New Conventional
Previous Owner $350,000 Credit Line Revolving
Previous Owner $484,350 New Conventional
Previous Owner $417,000 Commercial
Previous Owner $80,000 Commercial
Source: Public Records

Source: Park City Board of REALTORS®

MLS Number: 12404549

Park City Board of REALTORS®

APN: MW-1-21