Back to listings
361 ONTARIO AVE photo 11 / 62
Single Family

$5,350,000

Reduced from $5,800,000 · 1 day ago

361 ONTARIO AVE, Park City, UT 84060

Type

SFR

List Price

$5.35M

Price/Sqft

$1436

Est Gross Yield

2.0%

$105,744/yr est.

Property Details

Property typeSingle Family
Year built1982
Total units1
Living area3,726 sqft
Bedrooms5
Bathrooms5
Lot size0.07 acres
Parking5 spaces
Days on market105
Listed2026-03-05T00:00:00+00:00

Description

Located in the heart of Park City's coveted Old Town neighborhood, this meticulously maintained residence blends timeless mountain architecture with exceptional modern comfort. Perfectly positioned just steps from the iconic Shorty Stairs, the home offers direct walkable access to Main Street's renowned restaurants, galleries, and shopping while capturing beautiful views of Old Town and Park City Mountain Resort. Spanning more than 3,700 square feet across multiple levels and serviced by a private elevator, the home was thoughtfully built on more than one traditional Old Town lot, allowing for larger living spaces, generous bedrooms, and an ideal layout for both entertaining and everyday living. The main living area is designed for gathering, featuring a spacious great room with a gas fireplace that flows seamlessly into a chef's kitchen equipped with premium Viking gas appliances, granite countertops, and a distinctive copper island and backsplash. The kitchen opens to both formal and casual dining spaces, creating an inviting environment for hosting family and guests. Five well-appointed bedrooms, three with ensuite bathrooms, provide comfort and privacy, while additional den and media rooms offer flexible spaces for work, relaxation, or movie nights after a day on the slopes. Outdoor living is equally impressive with two balconies and multiple entrances to the home, allowing easy access throughout the property. Enjoy the private hot tub after skiing or take in the stunning views overlooking Old Town and Park City Mountain. Designed with both luxury and practicality in mind, the home features high-end finishes throughout, solid soundproof construction, integrated audio speakers, CAT6 wiring, reverse osmosis filtration, a new water softener system, an emergency water shutoff valve, and a brand-new furnace with a humidifier. Additional highlights include a two-car garage and a heated two-car driveway, providing rare convenience in Old Town. With its exceptional construction, spacious design, and unbeatable location just minutes from the slopes and steps from Main Street, this home offers a rare opportunity to experience the very best of Park City living.

Listed by John Goulet · EXP Realty, LLC (Park City)

Location

361 ONTARIO AVE, Park City, UT 84060

Proforma

Drag sliders to explore the deal

Cap Rate

1.31%

Cash-on-Cash

-8.97%

Cash Flow

-$14,989/mo

Purchase Price$5,350,000
Down Payment35% ($1,872,500)
Interest Rate6.00%
Monthly Rent$8,812/mo
Vacancy5%
Expense Ratio30% ($30,137)

Quick estimates only. Switch to Detailed for full line-item control.

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

DISCLAIMER: The information provided on this website, including property details, pricing, projections, and availability, is for informational purposes only and may change without notice. While Canovo Group, LLC strives to maintain accurate and up-to-date information, we do not guarantee its completeness or accuracy. Users should independently verify all information and property details, including availability and any leasing conditions, with the listing agent or property owner before making any decisions. Canovo Group, LLC is not responsible for any errors, omissions, or third-party content and makes no representations or warranties regarding the properties listed. Neither Canovo Group, LLC nor its affiliates are acting as your real estate agent or broker, nor do we represent or endorse any properties or parties unless expressly stated in a separate written agreement. This website is not an offer or solicitation to buy, sell, or lease any property. All transactions are the sole responsibility of the parties involved.

© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 6/18/2026, 12:04:43 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.