ActiveResidential · sale

10102 N DROMMEN CT #R-02

Park City, UT 84060

$7,615,000

  • 5 beds
  • 6 baths
  • 4,973 sq ft
  • 0.13 acres
  • Built 2025

Listed by Christie's International Real Estate VUE · MLS #2173618

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 2025.

Garage parking

2 garage spaces listed.

Property size

0.13 acres listed.

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

THE PROPERTY

Get to know the property.

Experience the pinnacle of mountain living in this impeccably finished and fully furnished Five-bedroom residence within Velvaere - Deer Valley East Village's premier gated club community. Named after the Norwegian word for "well-being," this exclusive 60-acre enclave of just 115 residences sets a new standard for alpine luxury. Finished and furnished at a level rivaling Deer Valley's finest custom homes, every surface reflects an obsessive attention to detail. Warm woods, natural limestone, and floor-to-ceiling glass frame panoramic Jordanelle Reservoir views. Gaggenau appliances, custom Rocky Mountain hardware, and a smart home system rivaling the most sophisticated residences in the country make this an extraordinary offering. Advanced air and water filtration, circadian lighting, and low-VOC natural finishes ensure your health is as prioritized as your comfort. A private in-residence wellness suite - complete with sauna, steam room, plunge pool, and fitness space - delivers a resort-caliber retreat within your own four walls. Velvaere's exclusive Neptune Express chairlift provides residential ski-in/ski-out access to Deer Valley's pristine slopes, with first-track skiing away from the crowds. Beyond winter, 400+ miles of trails, summer boating on Jordanelle, and East Village's acclaimed dining and shopping complete the four-season picture. A short walk to The Well, Velvaere's destination-caliber 12,000 sq. ft. wellness center, residents enjoy IV therapy, cryotherapy, hyperbaric chambers, thermal water circuits, a Technogym fitness center, outdoor Zen gardens, and a 25-meter lap pool. The Base sits out your front door providing a world class ski amenity with ski valet, a slope-side pool, golf simulator, owners' boat club, and unforgettable aprs-ski - all within a secure 60-acre enclave just 35 minutes from Salt Lake City Airport. Embrace a life where custom luxury, cutting-edge technology, and holistic wellness converge. Welcome home to Velvaere.

THE NEIGHBORHOOD

Explore the location.

10102 N DROMMEN CT #R-02, Park City, UT 84060

Map coordinates are not available for this property.

THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2025
Full baths
3
Half baths
1
Garage spaces
2
Cooling
Central Air
Heating
Forced Air,Gas: Central,Radiant Floor
Appliances
Dryer,Electric Air Cleaner,Gas Grill/BBQ,Washer,Water Softener Owned
Flooring
Carpet,Hardwood,Tile
Utilities
Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected
Pool
Yes
Pool features
Fenced,Heated,In Ground
Spa
Yes
Subdivision
VELVAERE
Parcel
00-0021-7848
HOA amenities
Biking Trails,Clubhouse,Controlled Access,Gated,Fitness Center,Hiking Trails,On Site Security,Pets Permitted,Pool,Sauna,Snow Removal,Spa/Hot Tub,Storage
HOA fee frequency
Quarterly
Elementary school
J R Smith
Middle school
Rocky Mountain
High school
Wasatch
Annual property tax
$80,630.00
HOA fee
$1,290.00

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$15,825.88
Estimated monthly rent$31,729.17
Cap rate2.74%

Annual operating income: $208,948.03

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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10102 N DROMMEN CT #R-02, Park City, UT 84060 · MLS #2173618

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Listing information

MLS #2173618 · Utah Real Estate MLS

Listing brokerage: Christie's International Real Estate VUE
Listing agent: Chadwick Onesime Bolduc

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.