60 Prospect Ave, Park City, UT 84060

$1,250,000
1
BD
1,097
SqFt

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List Price
$1,250,000
Status
ACTIVE
MLS#
12601727
Price Change
▼ $100,000 1784343236
Days on Market
88
Type
Single Family Residential
Sub-Type
Single Family Residence
Total Bedrooms
1
Year Built
1900
County
Summit
Region
Park City Limits
Subdivision
Old Town Area

Property Description

PRICE REDUCTION. Newly priced and ready for its next chapter, this is a rare opportunity to create a custom mountain home in the heart of Old Town Park City with much of the upfront planning already completed. Located at the top of Prospect Avenue, the circa-1895 residence is recognized as a Significant Historic Site and has received Historic Preservation Board approval for the proposed preservation work and rear addition, subject to the outlined conditions and final permitting. The thoughtfully designed plans preserve the character of the original mining-era home while introducing a modern addition intended to improve livability, functionality and connection to the surrounding views. A builder has already been selected and is prepared to begin work once the remaining permits are issued, providing the next owner with a clear path toward construction. The elevated setting captures sweeping views across Old Town, Park City Mountain ski runs and the surrounding mountains. Dedicated off-street parking adds significant value in the Historic District, where parking is exceptionally difficult to find. Enjoy convenient access to Historic Main Street, world-class skiing, dining, entertainment and Park City's extensive trail system. Ideal for an end user, investor or developer seeking an approved Old Town Park City renovation and redevelopment opportunity with strong long-term potential. This is a chance to create a one-of-a-kind luxury home without beginning the historic review process from scratch.

Additional Information

Construction Status
Complete
SqFt
1,097
Lot Size
2,178
Acres
0.05
Taxes
$9,414
Style
Ranch
Water
Public
Utilities
Electricity Available
School District
Park City

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Listing courtesy of Summit Sotheby's International Realty .