543 Park Ave

$31,000,000, 12 Beds 15 Baths 11,763 Sqft .3 Acres

About This Property

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.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, pre-drawn changes, this vibrant hotel can be converted into a distinguished home. Alternatively, you can keep the hotel operational and enjoy a private pied-à-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 slopeswhile 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 family 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. This property is not to be missed and must be seen to fully appreciate its grandeur and beauty.

Courtesy of: Windermere RE Utah - Park City.

Essential Information

MLS® #12403384
Price$31,000,000
Bedrooms12
Bathrooms15.00
Full Baths2
Half Baths3
Square Footage11,763
Acres0.30
Year Built1889
TypeResidential
Sub-TypeSingle Family Residence
StatusActive
Nightly RentalY

Style

Multi-Story, Historical, Renovated/Restored

Community Information

Address543 Park Ave
Area01 - Old Town
SubdivisionOld Town Area
CityPark City
CountySummit
StateUT
Zip Code84060

Amenities

AmenitiesNone, Pool
Parking Spaces7
Has PoolYes
PoolPool, Pool - Outdoor

Utilities

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

Parking

Unassigned, See Remarks, Assigned

Garages

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

View

Ski Area, Mountain(s), Trees/Woods

Interior

CoolingAir Conditioning
Has BasementYes
FireplaceYes
# of Fireplaces3
FireplacesGas

Interior Features

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

Appliances

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

Heating

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

Exterior

ExteriorStone
RoofMetal
ConstructionFrame - Wood
FoundationConcrete Perimeter

Exterior Features

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

Lot Description

Gradual Slope, Natural Vegetation

School Information

DistrictPark City

Additional Information

Date ListedAugust 13th, 2024
Days on Market51
Price Per SQFT$2,635
Annual Property Taxes$38,809
HOA Fees$0

Listing Details

Courtesy of: Windermere RE Utah - Park City

This is a 12 bedroom, 15 bathroom Residential property in Old Town Area, located in the Park City MLS area of Old Town. 543 Park Ave, Park City UT 84060 has approximately 11763 square feet and was built in 1889. This is an Active listing that has been on the market for 51 days with a current price of $31,000,000. The average list price for other properties for sale in Old Town is $3,126,070. The average list price in Park City is currently $3,345,099.

To schedule a tour of MLS #12403384 in Old Town Area, please inquire with our local Park City Realtors. Visit our “COMMUNITIES" page to choose to view all listings in the Park City MLS area Old Town, or search for other nearby properties using our Map Search. Another great way to start your Park City home search is to check out our Top Picks and Best Buys.

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Park City Board of Realtors Logo The multiple listing information is provided by Park City Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 Park City Board of Realtors®, All Rights Reserved. Access to the multiple listing information through this website is made available by Summit Sotheby’s International Realty as a member of the Park City Board of Realtors® multiple listing service. No other entity, including a brokerage firm or any franchisor, may be listed in place of the specific Listing Broker on the foregoing notice. Terms of Use

Listing information last updated on October 3rd, 2024 at 9:13pm MDT.

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Sean Matyja 435-901-2158

Heather Peterson 435-640-2573

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1750 Park Avenue
Park City, Utah 84060
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