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60 Prospect Ave, Park City, UT, 84060

1beds
0baths
1,097sqft
$1,250,000
$1,139price/sqft
$7,252/moest. monthly cost
$290,080/yrincome needed

About This Home

Rare Old Town Park City redevelopment opportunity in the Historic District. Located at the top of Prospect Avenue, this gutted property is ready for a full custom build with plans. Designed to preserve historic charm while introducing a modern mountain aesthetic, the proposed expansion maximizes livability, views, and value. The elevated lot captures sweeping views of Old Town, ski runs, and surrounding mountains. Premier location just steps to Main Street, world-class skiing, dining, and trail access. Dedicated parking--an exceptional and rare feature in Old Town. Ideal for investors, developers, or end users looking to create a custom luxury home in one of Park City's most sought-after neighborhoods. Strong upside potential with plans already in motion.

Getting Around

61
WalkingSomewhat Walkable
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

7/10
Mcpolin SchoolGrades PK-52.1 mi
6/10
Park City High SchoolGrades 10-121.9 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Concrete Perimeter
  • Roof: Other
  • Construction materials: Other

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: None

Bedrooms & Bathrooms

  • Bedrooms: 1

Heating & Cooling

  • Heating features: Other
  • Cooling features: None

Interior Area

  • Total structure area: 1,097
  • Total interior livable area: 1,097 sqft

Property

Details

  • Parcel number: Pc233

Lot

  • Lot size: 2,178 sqft
  • Features: See Remarks

Parking

  • Parking features: No Garage

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

  • Lightning
    LightningVery High
  • Winter Weather
    Winter WeatherVery High
  • Strong Wind
    Strong WindRelatively High
  • Wildfire
    WildfireRelatively High
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Lightning
Winter Weather
Strong Wind
Wildfire
Inland Flooding

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 $6,320$75,840
Home Insurance $202$2,424
Property Taxes $561$6,732
Electricity $169$2,039
Total$7,252$87,024

Income You'd Need if You Spent...

35% on housing$248,640/yr
40% on housing$217,560/yr
45% on housing$193,386/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

$1,139This listing

vs Other Active Listings

Avg $/sqft

ZIP 84060$1,418
Summit County$691

vs Homes Sold Last Month

Median $/sqft

ZIP 84060$1,133
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

AgentJulie Snyder
BrokerageSummit Sotheby's International Realty

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