Park City, UT 84060

505 Deer Valley Drive

$2,950,000
  • MLS Number: 12501504
  • Size: 4196
  • Lot Size: 0.18
  • Bedrooms: 5
  • Bathrooms: 4.00
  • Year Built: 1979

This fully furnished 5-bedroom, 4-bathroom home is located less than a mile from Deer Valley Ski Resort and offers a rare blend of luxury, flexibility, and income potential with rental projections between $160,000-$240,000 annually. Zoned for nightly rentals and featuring two kitchens--including a private upstairs apartment with its own entrance--this property is ideal as a mountain retreat or high-performing investment. Enjoy a spacious great room with a two-sided fireplace, a theater room, updated kitchen with granite countertops and custom cabinets, and ski slope views from the front. Additional highlights include a covered back patio, large gear-ready garage, elevator shaft for future access, and direct backyard access to the Gamble Oaks/Lost Prospector Trail System. The sale includes two parcels, offering potential to convert the home into a tri-plex (buyer to verify). Video Tour https://youtube.com/shorts/6sQOpY9IbDg