543 Park Avenue, Park City, UT

$25,000,000

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12

Beds

15

Baths

11,763

Square feet

0.34

Acres

About 543 Park Avenue

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.

Features of 543 Park Avenue

Price $25,000,000
Price/sq.ft $2,125
Bedrooms 12
Bathrooms 15.00
Full Baths 2
Half Baths 3
Square Footage 11,763
Acres 0.34
Year Built 1889
Type Residential
Sub-Type Detached
Style Historical, Updated/Remodeled, Multi-Level Unit
Status Active
MLS® # 12403384

Community Information

Address 543 Park Avenue
Area 01 - Old Town
Subdivision Old Town Area
City Park City
County Summit
State UT
Zip Code 84060

Amenities

Amenities None, Pool
Utilities Cable Available, Phone Available, Natural Gas Connected, High Speed Internet Available, Electricity Connected
Parking Spaces 7
Parking See Remarks, Unassigned, Assigned
# of Garages 7
Garages Detached, See Remarks, Sink, Oversized, Hose Bibs, Heated Garage, Floor Drain
View Ski Area, Mountain(s), Trees/Woods
Is Waterfront No
Has Pool Yes
Pool Pool

Interior

Interior Features Fire Sprinkler System, Wet Bar, Ski Storage, Storage, Spa/Hot Tub, Pantry, Furnished - Fully, Elevator, Vaulted Ceiling(s), Ceiling(s) - 9 Ft Plus
Appliances Disposal, See Remarks, Washer, Oven, Freezer, Dishwasher, Gas Dryer Hookup, Refrigerator, Microwave
Heating Baseboard, Zoned, Radiant, Heat Pump, ENERGY STAR Qualified Boiler
Cooling Air Conditioning
Fireplace Yes
# of Fireplaces 3
Fireplaces Gas
Has Basement Yes

Exterior

Exterior Stone
Exterior Features Deck, See Remarks, Spa/Hot Tub, Outdoor Pool, Patio, Lawn Sprinkler - Partial, Heated Walkway, Heated Driveway
Lot Description Fully Landscaped, Gradual Slope, Natural Vegetation
Roof Metal
Construction Frame - Wood
Foundation Concrete Perimeter

School Information

District Park City

Additional Information

Date Listed August 13th, 2024
Days on Market 553
Foreclosure No
Short Sale No
RE / Bank Owned No
Taxes $38,809
Nightly Rentals Allowed Yes

Listing Details

OfficeWindermere RE Utah - Park City

More About 543 Park Avenue

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 Avenue, 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 553 days with a current price of $25,000,000. The average list price for other properties for sale in Old Town is $3,112,061. The average list price in Park City is currently $4,239,516.

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.

Listing Map

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