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1940 PROSPECTOR AVE photo 11 / 20

$400,000

1940 PROSPECTOR AVE, Park City, UT 84060

Type

Condo

List Price

$400,000

Price/Sqft

$816

Est Gross Yield

6.1%

$24,264/yr est.

Property Details

Property typeCondo
Year built1988
Total units1
Living area490 sqft
Bedrooms1
Bathrooms1
Lot size0.01 acres
Days on market6
Listed2026-06-18T00:00:00+00:00

Description

Top-floor Carriage House condo in Park City's Prospector Square with a quiet pool-facing setting and easy access to Park City's four-season lifestyle. Thoughtfully updated and offered furnished, this residence is well suited as a full-time home, a mountain getaway, or an investment property, nightly rental allowed. Recent improvements include new flooring, updated bathroom, refreshed kitchen, new appliances, countertops, electric fireplace, water heater, lighting, and furniture, creating a comfortable interior ready for immediate enjoyment. The condo provides unbeatable walkable proximity to dining, shops, cafes, and the hiking/biking trail system. The free Park City transit system is out your front door for quick connections to Historic Main Street, Park City Mountain, Deer Valley, festivals, hiking, biking, golf, and the broader trail network. Carriage House amenities include a heated outdoor pool, indoor spa, common laundry facilities, storage lockers, secure building access, elevator service, and parking passes.

Listed by Cindy Wallace · Summit Sotheby's International Realty

Location

1940 PROSPECTOR AVE, Park City, UT 84060

Proforma

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Cap Rate

4.03%

Cash-on-Cash

-1.71%

Cash Flow

-$214/mo

Purchase Price$400,000
Down Payment35% ($140,000)
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 6/24/2026, 9:39:31 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.