ActiveResidential · sale

5794 DAKOTA TRL

Park City, UT 84098

$8,200,000

  • 5 beds
  • 8 baths
  • 8,982 sq ft
  • 1.11 acres
  • Built 2020

Listed by Berkshire Hathaway HomeServices Utah Properties (Promontory) · MLS #2133743

A FEW THINGS TO NOTICE

What stands out.

Details worth a look

Designed for entertaining, the garden level features an additional living area, well-appointed bar, 1,200 square foot covered patio, and three ensuite guest suites.

Year built

Built in 2020.

Garage parking

3 garage spaces listed.

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

THE PROPERTY

Get to know the property.

Architectural Masterpiece by Upwall Design with Full Membership -- A highly coveted Full Promontory Club Membership is available with this property, offering immediate access to all club amenities. Panoramic views headline this contemporary architectural masterpiece designed by award-winning architect Michael Upwall and built by Yukon Construction. Floor-to-ceiling glass and a retractable wall system flood the home with natural light and open to approximately 1,400 square feet of expansive decking-creating effortless indoor-outdoor living and exceptional entertaining space. Situated in the convenient Palisades neighborhood of Promontory, just inside the equestrian gate, this home delivers dramatic vistas without sacrificing proximity to world-class amenities. Offering five bedrooms, eight bathrooms, a spacious office, and private gym, the residence is thoughtfully designed with elevated finishes throughout. All bedrooms are ensuite, including three luxurious primary suites: a main-level suite with unobstructed views, a lower-level suite ideal for guests, and a grand primary retreat occupying its own private level with a spa-like sanctuary. Designed for entertaining, the garden level features an additional living area, well-appointed bar, 1,200 square foot covered patio, and three ensuite guest suites. A large finished bonus space includes a dual office, generous home gym, and dedicated storage. Ownership is further enhanced by Centriq, a state-of-the-art home management system. In the Palisades neighborhood, owners are closest to the resorts, rewarding families with not only the easiest access to all of town's dining and shopping convenience, but also the most vibrant and up close views of the Wasatch mountain range. Inside the gates, enjoy nearby access to golf courses, clubhouses, dining, spa, fitness centers, pools, tennis, pickleball, ice skating, the Shed, Kids Cabin, Equestrian Center, and Alpine Lodges at Deer Valley and Park City Mountain.

THE NEIGHBORHOOD

Explore the location.

5794 DAKOTA TRL, Park City, UT 84098

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2020
Full baths
5
Half baths
3
Garage spaces
3
Cooling
Central Air
Heating
Gas: Central,Radiant Floor
Appliances
Dryer,Freezer,Gas Grill/BBQ,Microwave,Range Hood,Refrigerator,Washer,Water Softener Owned
Flooring
Carpet,Hardwood,Tile
Utilities
Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected
Pool
No
Spa
Yes
Subdivision
THE PALISADES
Zoning
Single-Family
Parcel
PALSDS-4
HOA amenities
Biking Trails,Clubhouse,Fitness Center,Hiking Trails,Horse Trails,On Site Security,Pet Rules,Pool,Sauna,Security,Spa/Hot Tub,Tennis Court(s)
HOA fee frequency
Quarterly
Elementary school
South Summit
Middle school
South Summit
High school
South Summit
Annual property tax
$19,499.00
HOA fee
$1,500.00

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$22,570.09
Estimated monthly rent$34,166.67
Cap rate3.55%

Annual operating income: $291,341.03

Have ERA review this rental estimate

Your property and current assumptions will be included for our team to review.

Adjust assumptions
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 & interestLoan 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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5794 DAKOTA TRL, Park City, UT 84098 · MLS #2133743

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Listing information

MLS #2133743 · Utah Real Estate MLS

Listing brokerage: Berkshire Hathaway HomeServices Utah Properties (Promontory)
Listing agent: Kelly Horn

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

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.