ActiveResidential · sale

3564 Ridgeline Drive 14a

Park City, UT 84098

$724,000

  • 5 beds
  • 6 baths
  • 3,796 sq ft
  • 0.09 acres
  • Built 2021

Listed by Pacaso, Inc · MLS #12601249

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A FEW THINGS TO NOTICE

What stands out.

Living spaces

The double-height living room centers on a fireplace and a window wall that opens to the patio and hot tub, with light hardwood floors and a statement chandelier above.

Details worth a look

Red Pine is a new construction townhouse on Ridgeline Drive in Park City, with unobstructed views of Iron Mountain from the patio and hot tub.

Year built

Built in 2021.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Own one-eighth of this professionally managed, turnkey home. Red Pine is a new construction townhouse on Ridgeline Drive in Park City, with unobstructed views of Iron Mountain from the patio and hot tub. The contemporary exterior has clean lines, a two-car garage and a presence that fits naturally into the surrounding mountain landscape.

The double-height living room centers on a fireplace and a window wall that opens to the patio and hot tub, with light hardwood floors and a statement chandelier above. The kitchen has light brown cabinetry, a decorative backsplash, wall chimney hood and a large island with seating, opening directly into the dining area alongside. A loft office space and a main floor bedroom with ski storage round out the upper levels. The primary suite has a fireplace, walk-in closet and an en suite bath with soaking tub, dual vanities and a tiled shower. Two additional guest bedrooms complete the second floor.

The lower level has a media room with wet bar, a four-bed bunk room with barn door and a wood-paneled wine cellar. The hot tub and patio sit just outside with Iron Mountain as a direct backdrop. Park City Mountain Resort's slopes are close, and Canyons Village's shops and restaurants are minutes away for après-ski and summer dining alike.

Red Pine is fully designed, furnished and managed by Pacaso. Every visit starts the same way, with the home prepared and Park City Mountain waiting just outside.
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THE NEIGHBORHOOD

Explore the location.

3564 Ridgeline Drive 14a, Park City, UT 84098

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THE DETAILS

The details, all in one place.

Property type
Fractional Interest
Category
Residential
Year built
2021
Garage spaces
0
Subdivision
The Ridge At Canyons Village
Parcel
Rth-14a
HOA fee frequency
Monthly
Annual property tax
$2,915.00
HOA fee
$118.75

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase$1,827.40
Estimated monthly rent$3,016.67
Cap rate3.28%

Annual operating income: $23,738.83

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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3564 Ridgeline Drive 14a, Park City, UT 84098 · MLS #12601249

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Listing information

MLS #12601249 · Park City MLS

Listing brokerage: Pacaso, Inc
Listing agent: Maxx S Rifkin

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The data relating to real estate for sale on this website comes in part from the Internet Data exchange program of the Park City Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than , are indicated by detailed information about them such as the name of the listing firms.