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$28,000,000

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12 BD

15 BA

11,763 SqFt

Price Dropped by $3.0M

543 Park Ave Park City, UT 84060

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Dao Ly

Ly Realty Group

dao@lyrealtygroup.com +1(801) 839-5530

UPDATED:

12/19/2024 07:51 PM

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 11,763 sqft

Price per Sqft $2,380

Subdivision Old Town Area

MLS Listing ID 12403384

Style Historical,Updated/Remodeled,Multi-Story

Bedrooms 12

Full Baths 2

Half Baths 3

Three Quarter Bath 10

Construction Status Complete

HOA Y/N No

Year Built 1889

Annual Tax Amount $38,809

Tax Year 2023

Acres 0.3

Property Description

Imagine opening the door to your new residence and stepping back in time. Currently operating as a bespoke boutique hotel, this crown jewel can effortlessly be transformed into a stunning single-family masterpiece. Originally built in 1889 as Park City's first schoolhouse during the mining boom, this hand-carved limestone building has a rich history. It has served as a dance hall in the 1950s and, more recently, a Bed and Breakfast before the current owners discovered its charm. Recognizing its character, they reimagined it, bringing it to life as a Paris-meets-Park City hotel beloved by discerning guests. Now, there's a once-in-a-lifetime opportunity to own this exquisite property. With easy simple adaptations this vibrant hotel can be converted into a distinguished home. Alternatively, you can keep the hotel operational and enjoy a private pied-a-terre in the top-floor penthouse suite. Spend your days exploring the shops and savoring the delights on Main Street, just one street below, allowing you to be in the heart of the action while still enjoying quiet, private nights at home. Or, take to the mountains for a day on the slopes--while not technically ski-in/ski-out, with the Quit' N Time trail just 150 steps away, providing access to the Town Lift, you're much closer than parking at the base and walking to the chairlifts at PCMR! Friends and family will be enchanted by each picturesque room, designed for comfort and beauty. Each room is its own jewel box, carefully curated to be warm and inviting. With ensuite bathrooms, family and guests will enjoy privacy while staying together. Bask in the rays of Utah, one of the sunniest states, as you lounge by your private pool and spa. It's the perfect place for an easy morning swim or a refreshing afternoon dip. Gather for cocktails and games in the grand living room, anchored by a magnificent fireplace adorned with a gold antique mirror rescued from a Parisian opera house and lovingly restored to its former glory.

Location

State UT

County Summit

Area 01 - Old Town

Rooms

Basement Crawl Space, Sump Pump

Interior

Interior Features Fire Sprinklers, Wet Bar, Ski Storage, Storage, Spa/Hot Tub, Pantry, Furnished - Fully, Elevator, Vaulted Ceiling(s), Ceiling(s) - 9 Ft Plus

Heating Baseboard, Zoned, Radiant, Heat Pump, Boiler - Energy Star Rated

Cooling Air Conditioning

Flooring Reclaimed Wood, Marble, Carpet, Wood, Tile, Stone

Fireplaces Number 3

Fireplaces Type Gas

Equipment Security System - Installed, Water Heater - Gas, Thermostat - Programmable, Satellite Dish, Satellite Components, Media System - Prewired, Audio System, Appliances, Smoke Alarm

Appliance Disposal, See Remarks, Washer, Oven, Freezer, Dishwasher, Gas Dryer Hookup, Refrigerator, Microwave

Heat Source Baseboard, Zoned, Radiant, Heat Pump, Boiler - Energy Star Rated

Exterior

Exterior Feature Deck(s), See Remarks, Spa/Hot Tub, Pool - Outdoor, Patio(s), Lawn Sprinkler - Partial, Landscaped - Fully, Heated Walkway, Heated Driveway

Parking Features Detached, See Remarks, Sink, Oversized, Hose Bibs, Heated Garage, Floor Drain

Garage Spaces 2.0

Fence Full

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

Amenities Available None, Pool

View Ski Area, Mountain(s), Trees/Woods

Roof Type Metal

Street Surface Paved

Accessibility See Remarks

Total Parking Spaces 7

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public, Irrigation

Structure Type Frame - Wood

New Construction No

Construction Status Complete

Schools

School District Park City

Others

Tax ID Wsi-1

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Windermere RE Utah - Park City

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Dao Ly

Broker | License ID: 9389384-PB00

+1(801) 839-5530

543 Park Ave Park City, UT 84060

Dao Ly

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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543 Park Ave