About 1200 W Lori Lane C15
1200 Lori Lane #C15 is a rare opportunity to own a true income-producing investment property in the heart of the Wasatch Back. This 4,400 SF luxury flex space features three fully lockable levels, allowing for three separate tenants with no crossover between spaces--an increasingly sought-after configuration for today's investors. The property is currently 100% leased with three established long-term tenants in place, generating a 5%+ cap rate in one of Utah's fastest-growing markets. With seasoned leases, no vacancy, and immediate cash flow from day one, this is a stabilized asset designed for predictable returns. The main level features a 14-foot oversized garage door opening to approximately 2,000 SF of flex warehouse space, ideal for equipment storage, showroom use, or business operations. It also includes four private offices, a large conference room, break room/kitchen area, and secure separation between warehouse and office space. The second level offers more than 1,000 SF of residential living space, including a large bedroom, full en-suite bath, and spacious family room. The third level functions as a fully independent one-bedroom apartment with a designer kitchen, large bathroom, and comfortable living area. Both residential units benefit from strong rental demand due to their proximity to Deer Valley East Village and the Jordanelle corridor. Originally finished by one of Park City's most respected builders, the property showcases exceptional craftsmanship and quality throughout, supporting long-term tenant retention and asset value. Conveniently located just 5.5 minutes from Deer Valley East Village and 2 minutes from Jordanelle Reservoir, this property combines reliable cash flow with strong appreciation potential. With all three tenants in place, long-term leases, and a 5%+ cap rate that is increasingly difficult to find in the Park City area, this is a true turnkey investment opportunity.
Features of 1200 W Lori Lane C15
| Price | $1,900,000 |
|---|---|
| Price/sq.ft | $437 |
| Bedrooms | 1 |
| Bathrooms | 3.00 |
| Full Baths | 1 |
| Half Baths | 2 |
| Square Footage | 4,345 |
| Acres | 0.06 |
| Year Built | 2017 |
| Type | Residential |
| Sub-Type | Stacked/Multi-Level |
| Style | Multi-Level Unit |
| Status | Active |
| MLS® # | 12602381 |
Community Information
| Address | 1200 W Lori Lane C15 |
|---|---|
| Area | 25 - Deer Mountain |
| Subdivision | Park East |
| City | Heber City |
| County | Wasatch |
| State | UT |
| Zip Code | 84032 |
Amenities
| Amenities | Pets Allowed, Fire Sprinklers, Security System - Entrance |
|---|---|
| Utilities | Cable Available, Electricity Connected, Natural Gas Connected |
| Parking | Assigned, Unassigned |
| Garages | Attached, Floor Drain, Hose Bibs, Oversized, RV Garage |
| View | Ski Area, Mountain(s) |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Fire Sprinkler System, Ceiling Fan(s), Vaulted Ceiling(s), Pantry, Storage, Ski Storage |
|---|---|
| Appliances | Disposal, Microwave, Refrigerator, Washer/Dryer Stacked, Dishwasher, Freezer, Oven, Gas Range, ENERGY STAR Qualified Washer |
| Heating | Forced Air |
| Cooling | Air Conditioning |
| Fireplace | No |
| Fireplaces | None |
| Stories | Multi-Level |
| Has Basement | No |
Exterior
| Exterior Features | Drip Irrigation, Sprinklers In Front, Sprinklers In Rear |
|---|---|
| Lot Description | Level, Natural Vegetation, South Facing |
| Roof | Metal |
| Construction | Stone, Aluminum Siding |
| Foundation | Concrete Perimeter |
Additional Information
| Date Listed | June 3rd, 2026 |
|---|---|
| Days on Market | 89 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | $6,000 |
| HOA Fees Freq. | Annually |
| HOA Fees Include | Management Fees, Maintenance Grounds, Maintenance Exterior, Snow Removal, Water |
| Taxes | $13,247 |
| Nightly Rentals Allowed | No |
Listing Details
| Office | Christie's Int. RE VUE |
|---|
More About 1200 W Lori Lane C15
This is a 1 bedroom, 3 bathroom Residential property in Park East, located in the Park City MLS area of Deer Mountain. 1200 W Lori Lane C15, Heber City UT 84032 has approximately 4345 square feet and was built in 2017. This is an Active listing that has been on the market for 89 days with a current price of $1,900,000. The average list price for other properties for sale in Deer Mountain is $1,321,714. The average list price in Heber City is currently $2,112,593.
To schedule a tour of MLS #12602381 in Park East, please inquire with our local Park City Realtors. Visit our “COMMUNITIES" page to choose to view all listings in the Park City MLS area Deer Mountain, 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.