ActiveResidential · sale

1735 RED HAWK TRL

Park City, UT 84098

$16,900,000

  • 6 beds
  • 9 baths
  • 10,954 sq ft
  • 24.68 acres
  • Built 2024

Listed by Engel & Volkers Park City · MLS #2164532

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1735 RED HAWK TRL, Park City, UT 84098 · MLS #2164532

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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 2024.

Garage parking

6 garage spaces listed.

Property size

24.68 acres listed.

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

THE PROPERTY

Get to know the property.

Seclusion and convenience rarely share an address in Park City. Behind the gates of the Ranches at the Preserve, one of the area's most private and expansive neighborhoods, this newly built estate sits on 24.68 acres of untouched ground, 10 minutes from Kimball Junction, 20 minutes from skiing, and 25 minutes from Historic Main Street. The 10,954 SF main residence is joined by a separate 8,907 SF private sports and wellness facility, a pairing this market almost never produces. That facility is what sets the property apart, because it can become whatever its owner imagines: a complete private rec center with climbing wall, gym, and pool, a wellness retreat with lap pool and golf simulator, a world-class car gallery, a private event venue, or a music and film studio. It is currently built to USTA specifications for tennis and easily accommodates a basketball court or multiple pickleball courts, so it delivers from day one while holding every future option open. The residence itself is designed for main-level living, with custom cabinetry, woodwork, and curated designer lighting and finishes throughout. In the great room, vaulted ceilings meet a wall of glass that opens at the push of a button, framing the Wasatch Mountains and ski resorts, and multiple outdoor living spaces extend entertaining into the landscape. The kitchen is anchored by two oversized islands with room to cook and gather, supported by a fully equipped butler's pantry. The primary suite is a private sanctuary with spa-caliber amenities, generous closet space, and its own private terrace. For work, a private wing inside the house holds an executive office and a fully equipped conference room that doubles as a second office, both with mountain views. For family and guests, there is a dedicated exercise room, multiple gathering spaces, and a custom bunk room with eight built-in beds. Glenwild Golf Club, Park City's premier private country club with golf, dining, and amenities, is five minutes away. Woodward is 10 minutes away, Park City Mountain and Deer Valley are 20 minutes away, and Salt Lake City International Airport and downtown Salt Lake City are roughly 30 minutes away.

THE NEIGHBORHOOD

Explore the location.

1735 RED HAWK TRL, Park City, UT 84098

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LOCAL MARKET CONTEXT

Summit County housing market

See the broader conditions surrounding this property through ERA Brokers Consolidated research.

12-month price trend$1,651,849Up 13.3% vs. the previous 12 months
Months of supply7.212-month average
Days on market7512-month weighted average

These figures describe the broader reporting area and do not determine this property’s value, condition, availability, or likely sale price.

THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2024
Full baths
1
Half baths
3
Garage spaces
6
Cooling
Central Air
Heating
Forced Air,Gas: Radiant,Radiant Floor
Flooring
Carpet,Hardwood,Tile
Utilities
Natural Gas Connected,Electricity Connected,Sewer: Septic Tank,Water Connected
Pool
No
Spa
Yes
Subdivision
THE RIDGE AT RED HAWK SUBDIVISION
Zoning
Single-Family
Parcel
RRH-16
HOA amenities
Pets Permitted
HOA fee frequency
Annually
Elementary school
Trailside
Middle school
Ecker Hill
High school
Park City
Annual property tax
$29,143.00
HOA fee
$7,050.00

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$48,986.42
Estimated monthly rent$70,416.67
Cap rate3.73%

Annual operating income: $630,087.03

HOA: Includes $587.50 per month in HOA dues, converted from the $7,050.00 annual fee reported by the listing source.

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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

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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.

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  2. Make a strong first impression.

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  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
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Listing information

MLS #2164532 · Utah Real Estate MLS

Listing brokerage: Engel & Volkers Park City
Listing agent: Paul Benson

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.