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4554 N Forestdale Dr #16, Kamas, UT, 84098

0beds
1baths
3,946sqft
$1,995,000
$506price/sqft
$11,491/moest. monthly cost
$459,640/yrincome needed

About This Home

Rare opportunity to own one of Park East II's premier commercial condominiums in the heart of Park City. Ideal as an investment or future owner-user opportunity, the property is currently leased to a well-established local tenant with a proven five-year NNN lease history and renewal options, providing immediate income from day one. Offering 3,946 square feet across three levels, the property features 1,800 square feet on the main level with an oversized 14-foot garage door, restroom, and soaring 18-foot ceilings throughout most of the space. The lower level provides an additional 1,800 square feet with 9.6-foot ceilings, ideal for offices, a showroom, storage, or production space. The upper level includes a 350-square-foot private executive office or conference room and opens to a private rooftop deck with views of protected open space and Deer Valley's Bald Mountain. Designed for efficiency and flexibility, the building features no load-bearing interior walls, allowing the floor plan to be easily reconfigured for a wide variety of business uses while minimizing renovation costs. With more than 40 permitted uses, Park East II is home to a dynamic mix of law firms, architects, financial advisors, interior designers, builders, technology companies, and collectors of luxury automobiles, boats, and RVs. Whether you're seeking a quality income-producing investment or a premier flex space in one of Park City's fastest-growing commercial corridors, this property presents an exceptional opportunity.

Getting Around

12
WalkingCar-Dependent
0
TransitVery Limited Transit
30
BikeSomewhat Bikeable

Schools

6/10
6/10
South Summit High SchoolGrades 9-1210.8 mi
5/10
South Summit SchoolGrades PK-411.1 mi

Construction

Condition

  • Year built: 2020

Materials

  • Foundation: Slab
  • Roof: Flat
  • Construction materials: Stone,Stucco,Frame

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Oven,Refrigerator

Bedrooms & Bathrooms

  • Bathrooms: 1
  • 3/4 bathrooms: 1

Features

  • Flooring: Concrete,Wood

Heating & Cooling

  • Heating features: Electric,Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,946
  • Total interior livable area: 3,946 sqft

Property

Details

  • Parcel number: Peiibcc16Am

Lot

  • Lot size: 1,742 sqft
  • Features: Level

Parking

  • Total spaces: 3
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Avalanche
    AvalancheRelatively High
  • Lightning
    LightningRelatively High
  • Wildfire
    WildfireRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Avalanche
Lightning
Wildfire
Winter Weather
Strong Wind

FEMA Declared Disasters Across Utah Counties

Fire
Flood

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $10,087$121,044
Home Insurance $230$2,760
Property Taxes $935$11,220
Electricity $239$2,874
Total$11,491$137,892

Income You'd Need if You Spent...

35% on housing$393,977/yr
40% on housing$344,730/yr
45% on housing$306,426/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.1%
13.1%
0%30.0%
Electricity Growth Rate10-year average: 0.9%
0.9%
0%15.0%
Property Taxes Growth Rate2-year average: 3.5%
3.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$506This listing

vs Other Active Listings

Avg $/sqft

ZIP 84098$533
Summit County$691

vs Homes Sold Last Month

Median $/sqft

ZIP 84098$713
Summit County$672

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

No price history available

For Sale by Agent

AgentJonathan Crosswhite
BrokerageChristie's Int. RE VUE

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