About 78 Prospect Avenue
Perched above Historic Main Street in a quiet Old Town setting, this newly constructed residence offers refined mountain living with exceptional privacy, south facing views up and down valley, abundant natural light, & easy walkability to the heart of Park City. Elevated above town, the home provides a true sense of separation while remaining moments from Old Town's dining, shopping, & entertainment. Spanning 3,030 square feet, it blends modern architecture with warm, livable spaces to create a private mountain retreat. The main living level features an open concept great room where expansive windows frame mountain, valley, & town views while maintaining privacy from neighboring homes. The seamless connection between the living area, dining space, & chef's kitchen supports both daily living and entertaining. The kitchen is equipped with premium appliances, custom cabinetry, & a generous island that anchors the space. The primary suite is a secluded sanctuary with scenic outlooks, a spa inspired bath with a soaking tub, walk in shower, & curated high end finishes. A private heated snowmelt balcony extends the suite outdoors, offering unmatched south facing views from sun up to sun down. Three additional guest suites, each with its own en suite, are thoughtfully separated to ensure comfort & discretion. A spacious second family room on the lower level, complete with a bar, offers the perfect setting for guests to relax & unwind. Outdoor living is a defining feature, with three heated decks providing ample space for year round enjoyment & entertaining while remaining visually & physically removed from surrounding properties. Located minutes from Deer Valley & steps from Main Street, the home also offers immediate access to hiking & biking trails directly from the front door. Approved for nightly rentals & offered with a furniture package for a turnkey experience, this property combines luxury ownership, income potential, privacy, & a premier Old Town Location.
Open House
Features of 78 Prospect Avenue
| Price | $4,750,000 |
|---|---|
| Price/sq.ft | $1,568 |
| Bedrooms | 4 |
| Bathrooms | 5.00 |
| Full Baths | 4 |
| Half Baths | 1 |
| Square Footage | 3,030 |
| Acres | 0.06 |
| Year Built | 2025 |
| Type | Residential |
| Sub-Type | Detached |
| Style | Mountain Contemporary, Multi-Level Unit |
| Status | Active |
| MLS® # | 12600232 |
Community Information
| Address | 78 Prospect Avenue |
|---|---|
| Area | 01 - Old Town |
| Subdivision | Old Town Area |
| Lot Number | 3 |
| City | Park City |
| County | Summit |
| State | UT |
| Zip Code | 84060 |
Amenities
| Amenities | None |
|---|---|
| Utilities | Cable Available, Electricity Connected, High Speed Internet Available, Natural Gas Connected, Phone Available |
| Parking | Street, Guest Parking, Off Street - Unassigned, See Remarks, Assigned |
| # of Garages | 1 |
| Garages | Attached, Heated Garage, Oversized, See Remarks |
| View | Ski Area, Mountain(s), Valley, See Remarks |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Fire Sprinkler System, Electric Dryer Hookup, Ceiling(s) - 9 Ft Plus, Vaulted Ceiling(s), Gas Dryer Hookup, Furnished - Fully, Storage, Ski Storage, Wet Bar, Washer Hookup, Walk-In Closet(s), Granite Counters, Open Floorplan, Kitchen Island, Double Vanity |
|---|---|
| Appliances | ENERGY STAR Qualified Dishwasher, Disposal, Microwave, ENERGY STAR Qualified Refrigerator, Electric Dryer Hookup, Freezer, Oven, Double Oven, Gas Range, ENERGY STAR Qualified Washer, Dryer |
| Heating | Forced Air, Natural Gas, Radiant Floor |
| Cooling | Air Conditioning, ENERGY STAR Qualified Equipment, Mini-Split |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| Fireplaces | Gas, Insert |
| Stories | Multi-Level |
| Has Basement | Yes |
| Basement | Walk-Out Access |
Exterior
| Exterior Features | Deck, Heated Driveway, Heated Walkway, Balcony, Drip Irrigation, Gas BBQ Stubbed, Lawn Sprinkler - Timer, Patio, Porch, Storage, Sprinklers In Front, Sprinklers In Rear |
|---|---|
| Lot Description | Fully Landscaped, Secluded, Other, South Facing |
| Roof | Shingle, Asphalt, Flat, Metal |
| Construction | Steel Siding |
Additional Information
| Date Listed | January 22nd, 2026 |
|---|---|
| Days on Market | 179 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Taxes | $14,543 |
| Nightly Rentals Allowed | Yes |
Listing Details
| Office | Windermere RE Utah - Park City |
|---|
Price & Status History
| Date | Details | Change |
|---|---|---|
| Date: | Details: Price Reduced from $4,800,000 to $4,750,000 | Change: ↓ $50,000.00 (1.04%) |
| Date: | Details: Price Reduced from $4,850,000 to $4,800,000 | Change: ↓ $50,000.00 (1.03%) |
| Date: | Details: Price Reduced from $4,900,000 to $4,850,000 | Change: ↓ $50,000.00 (1.02%) |
| Date: | Details: Price Reduced from $4,995,000 to $4,900,000 | Change: ↓ $95,000.00 (1.90%) |
More About 78 Prospect Avenue
This is a 4 bedroom, 5 bathroom Residential property in Old Town Area, located in the Park City MLS area of Old Town. 78 Prospect Avenue, Park City UT 84060 has approximately 3030 square feet and was built in 2025. This is an Active listing that has been on the market for 179 days with a current price of $4,750,000. The average list price for other properties for sale in Old Town is $3,036,551. The average list price in Park City is currently $3,977,936.
To schedule a tour of MLS #12600232 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.