1061 Lowell Ave

$4,500,000, 8 Beds 9 Baths 7,783 Sqft .45 Acres

About This Property

Offering nearly 8,000 total sq/ft, incredible views, nearly half an acre of land, and ample parking. This property has multiple end uses. It currently functions as a nightly rental duplex and has great rental history. It offers the flexibility to live in one side, rent one side, or rent both sides to comfortably host 28 guests! Other potential uses include a high end contemporary remodel (Drawings available), the ability to potentially develop into a one of a kind estate, or subdivide into multiple homes and/or apartments. The site is not historic and therefore no preservation standards apply (HR-1 zoning does apply to the new construction). With new construction homes (next door) selling for over $5M and close proximity to the new Kings Crown development, this truly is a unique opportunity to create and customize your dream destination. Bring your developers, re-modelers, or one of a kind end user! Remodel drawings are a concept and potential use. The property is being sold as-is.

Courtesy of: Windermere RE Utah (Slvr Star).

Essential Information

MLS® #12002318
Price$4,500,000
Bedrooms8
Bathrooms9.00
Full Baths6
Half Baths2
Square Footage7,783
Acres0.45
Year Built1983
TypeResidential
Sub-TypeMulti-Unit
StyleMountain Contemporary
StatusActive

Community Information

Address1061 Lowell Ave
Area01 - Old Town
SubdivisionNorth Star
CityPark City
CountySummit
StateUT
Zip Code84060

Amenities

AmenitiesNone
Parking Spaces4
ViewMountain(s), Valley

Utilities

Cable Available, Electricity Connected, High Speed Internet Available, Natural Gas Connected, Phone Available

Interior

HeatingForced Air, Natural Gas
CoolingNone
FireplaceYes
# of Fireplaces4
FireplacesWood Burning

Interior Features

Ceiling Fan(s), Ceiling(s) - 9 Ft Plus

Appliances

Disposal, Gas Range, Microwave, Oven, Refrigerator, Washer

Exterior

ExteriorWood Siding
Exterior FeaturesDeck(s), Spa/Hot Tub
Lot DescriptionOn Bus Route
RoofAsphalt
ConstructionOther, See Remarks
FoundationConcrete Slab

School Information

DistrictPark City

Additional Information

Date ListedJuly 7th, 2020
Days on Market105
HOA Fees0.00

Listing Details

Courtesy of: Windermere RE Utah (Slvr Star)

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Listing information last updated on October 20th, 2020 at 10:28am MDT.

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