The best lot [red box] on the "Gold Coast" of Old Town Park City is buried in the Treasure Hill woods on a private road, with views of almost all of Park City area, only a 5 minute walk to Historic Main Street, the hike/bike trail system and its backyard ski resort the (ranked #5 in 2010-2011) Park City Mountain Resort (PCMR).
The lot has an existing 2,666 SF home (built in 1976) that could be expanded or remodeled as a guest house (only allowed on lots larger than 1 acre), or replaced with either a single family or duplex dwelling as large as 14,700 SF situated anywhere within the 15 ft set backs. Present building cost between $200 and $300/SF, sales prices in area between $750 and $1,500/SF going possibly to $2,000/SF soon (More potential profit than other ski access properties.). Build (under HR-1) at the top of the lot and have ski in ski out access to the PCMRs Creole Run and down to the Town Bridge over Park Avenue. Slide directly to the Town Lift Plaza on lower Main Street! (More)
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