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1885 PROSPECTOR AVE photo 11 / 46

$675,000

1885 PROSPECTOR AVE, Park City, UT 84060

Type

Condo

List Price

$675,000

Price/Sqft

$774

Est Gross Yield

5.5%

$37,056/yr est.

Property Details

Property typeCondo
Year built1982
Total units1
Living area872 sqft
Bedrooms2
Bathrooms2
Lot size0.02 acres
Parking3 spaces
Days on market63
Listed2026-04-10T00:00:00+00:00

Description

Welcome to your cozy Park City retreat-where mountain charm meets an unbeatable location. This inviting 2-bedroom, 2-bathroom condo offers the perfect blend of comfort, convenience, and that sought-after cabin feel. Step inside and you're immediately greeted by the warmth of a wood-burning fireplace, creating the ultimate aprs-ski atmosphere. The living space feels like a true mountain escape-warm, welcoming, and perfect for relaxing after a day outdoors. The thoughtfully designed layout includes a bright kitchen and dining area ideal for entertaining, along with two spacious bedrooms and two full bathrooms-perfect for hosting guests, creating a home office, or enjoying your own private getaway. An in-unit washer and dryer add everyday convenience for full-time living or extended stays. Location truly sets this property apart. Situated in the heart of Park City, you're within walking distance to shops, dining, and year-round activities, with a nearby bus stop providing effortless access to world-class skiing-no car needed. That said, you'll still enjoy the rare convenience of a reserved underground parking space, a dedicated ski locker, and a bike storage area. Step outside and you're directly connected to the Rail Trail, offering easy access to everything Park City has to offer in every season. Whether you're searching for a full-time home, a weekend escape, or an investment property, this charming condo delivers the best of mountain living in one of Park City's most desirable locations.

Listed by Bret Fields · Engel & Volkers Park City

Location

1885 PROSPECTOR AVE, Park City, UT 84060

Proforma

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Cap Rate

3.65%

Cash-on-Cash

-2.74%

Cash Flow

-$577/mo

Purchase Price$675,000
Down Payment35% ($236,250)
Interest Rate6.00%
Monthly Rent$3,088/mo
Vacancy5%
Expense Ratio30% ($10,561)

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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 6/12/2026, 2:05:24 AM. 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.