505 Deer Valley Drive, Park City, UT 84060

Local realty services provided by:ERA Brokers Consolidated
505 Deer Valley Drive,Park City, UT 84060
$2,950,000
  • 5 Beds
  • 4 Baths
  • 4,196 sq. ft.
  • Single family
  • Active
Listed by:lance garrett
Office:homie, llc.
MLS#:12501504
Source:UT_PCBR

Price summary

  • Price:$2,950,000
  • Price per sq. ft.:$703.05

About this home

This fully furnished 5-bedroom, 4-bathroom home is located less than a mile from Deer Valley Ski Resort and offers a rare blend of luxury, flexibility, and income potential with rental projections between $160,000-$240,000 annually. Zoned for nightly rentals and featuring two kitchens—including a private upstairs apartment with its own entrance—this property is ideal as a mountain retreat or high-performing investment. Enjoy a spacious great room with a two-sided fireplace, a theater room, updated kitchen with granite countertops and custom cabinets, and ski slope views from the front. Additional highlights include a covered back patio, large gear-ready garage, elevator shaft for future access, and direct backyard access to the Gamble Oaks/Lost Prospector Trail System. The sale includes two parcels, offering potential to convert the home into a tri-plex (buyer to verify). Video Tour https://youtube.com/shorts/6sQOpY9IbDg

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Home facts

  • Year built:1979
  • Listing ID #:12501504
  • Added:177 day(s) ago
  • Updated:September 28, 2025 at 02:35 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:4
  • Full bathrooms:3
  • Living area:4,196 sq. ft.

Heating and cooling

  • Cooling:Air Conditioning, Central Air
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Roof:Composition
  • Year built:1979
  • Building area:4,196 sq. ft.
  • Lot area:0.18 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,950,000
  • Price per sq. ft.:$703.05
  • Tax amount:$10,707 (2024)
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