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1485 EMPIRE AVE photo 11 / 22

$799,000

1485 EMPIRE AVE, Park City, UT 84060

Type

Condo

List Price

$799,000

Price/Sqft

$918

Est Gross Yield

3.0%

$24,264/yr est.

Property Details

Property typeCondo
Year built1983
Total units1
Living area870 sqft
Bedrooms1
Bathrooms2
Lot size0.1 acres
Parking1 spaces
Days on market0
Listed2026-06-18T00:00:00+00:00

Description

Experience the best of Park City mountain living in this 1 bedroom, 2 bath Silver King residence, ideally located just steps from the ski lifts at Park City Mountain Resort. Offering 870 square feet of comfortable living space, this fully furnished, turn-key condo is the perfect year-round retreat, vacation home, or investment property with nightly rentals permitted. The spacious floor plan features a full kitchen with granite countertops, a welcoming living area, and ample space to comfortably accommodate family and guests. There is also a built in murphy bed strategically situated away from the main living area. Large windows with tons of natural light. Owners also enjoy a dedicated ski locker room with private locker and a side entrance that leads straight to the lifts. Main level so no stairs and no elevator needed. Silver King owners enjoy an exceptional collection of resort-style amenities, including a heated indoor/outdoor swimming pool, hot tub, sauna, fitness center, ski locker room, onsite management, front desk services, and secure underground parking. HOA dues cover all utilities, providing a low-maintenance ownership experience. Conveniently situated on the free Park City bus route, you'll have easy access to Historic Main Street's renowned dining, shopping, galleries, and year-round events. Whether you're seeking world-class skiing, mountain adventures, rental income potential, or simply a place to unwind in one of Park City's most desirable locations, this Silver King condominium delivers the perfect combination of comfort, convenience, and mountain lifestyle.

Listed by Michael J Mazzone · Windermere Real Estate (PCM)

Location

1485 EMPIRE AVE, Park City, UT 84060

Proforma

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Cap Rate

2.02%

Cash-on-Cash

-7.09%

Cash Flow

-$1,769/mo

Purchase Price$799,000
Down Payment35% ($279,650)
Interest Rate6.00%
Monthly Rent$2,022/mo
Vacancy5%
Expense Ratio30% ($6,915)

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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.

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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 6/18/2026, 11:00:58 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.