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1940 PROSPECTOR AVE photo 11 / 22

$355,000

Reduced from $370,000 · 2 days ago

1940 PROSPECTOR AVE, Park City, UT 84060

Type

Condo

List Price

$355,000

Price/Sqft

$696

Est Gross Yield

6.8%

$24,264/yr est.

Property Details

Property typeCondo
Year built1988
Total units1
Living area510 sqft
Bedrooms1
Bathrooms1
Lot size0.01 acres
Parking1 spaces
Days on market105
Listed2026-04-08T00:00:00+00:00

Description

Fully furnished and thoughtfully appointed, this one-bedroom Carriage House condominium offers a turnkey opportunity in one of Park City's most convenient locations. Whether used as a personal retreat, second home, remote-work base, or income-producing rental, the property is designed for flexibility and ease of ownership. Nightly rentals are permitted, enhancing its appeal as an investment property with strong short-term rental potential. Residents and guests enjoy desirable onsite amenities, including a heated outdoor pool, indoor spa, storage lockers, and laundry facilities. The free bus route nearby provides effortless access to Park City Mountain, Deer Valley, historic Main Street dining, shopping, festivals, and year-round recreation such as hiking, mountain biking, golf and skiing. With its prime location, furnished condition, and nightly rental eligibility, this condo is well positioned for both personal enjoyment and long-term investment value.

Listed by Stefanie Wilcox · Berkshire Hathaway HomeServices Utah Properties (Saddleview)

Location

1940 PROSPECTOR AVE, Park City, UT 84060

Proforma

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Cap Rate

4.55%

Cash-on-Cash

-0.35%

Cash Flow

-$39/mo

Purchase Price$355,000
Down Payment35% ($124,250)
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 7/22/2026, 9:12:43 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.