543 Park Avenue
Park City, UT 84060
$24,750,000
- 12 beds
- 15 baths
- 11,763 sq ft
- 0.34 acres
- Built 1889
Listed by Windermere RE Utah - Park City · MLS #12403384
A FEW THINGS TO NOTICE
What stands out.
Additional spaces
The top-floor penthouse, accessed by private elevator, functions as a premier guest suite while also accommodating discreet extended owner stays.
Living spaces
Gather for cocktails and games in the grand family room, anchored by a magnificent fireplace adorned with a gold antique mirror rescued from a Parisian opera house and lovingly restored to its former glory.
Year built
Built in 1889.
Highlights from the listing description and property details. Confirm features with the listing agent.
THE PROPERTY
Get to know the property.
Historically protected and prominently positioned, the property offers rare flexibility. Continue operating as a boutique hotel, convert to a private single-family residence, establish a private retreat, or pursue a hybrid approach blending personal use with hospitality. The top-floor penthouse, accessed by private elevator, functions as a premier guest suite while also accommodating discreet extended owner stays.
Grand living spaces anchored by a dramatic fireplace, curated ensuite accommodations, heated pool and spa terraces, and immediate access to dining, galleries, and year-round recreation define the experience.
With the 2034 Winter Olympics set to place Park City on a renewed global stage, ownership represents control of a Main Street, ski-accessible asset in a market where comparable historic holdings are exceedingly rare.
Main Street location. Ski access. Historic designation. Exceptional opportunity. Imagine opening the door to your new residence and stepping back in time. Currently operating as a bespoke boutique hotel, this crown jewel can effortlessly be transformed into a stunning single-family masterpiece.
Originally built in 1889 as Park City's first schoolhouse during the mining boom, this hand-carved limestone building has a rich history. It has served as a dance hall in the 1950s and, more recently, a Bed and Breakfast before the current owners discovered its charm. Recognizing its character, they reimagined it, bringing it to life as a Paris-meets-Park City hotel beloved by discerning guests.
Now, there's a once-in-a-lifetime opportunity to own this exquisite property. With easy, pre-drawn changes, this vibrant hotel can be converted into a distinguished home. Alternatively, you can keep the hotel operational and enjoy a private pied-à-terre in the top-floor penthouse suite.
Spend your days exploring the shops and savoring the delights on Main Street, just one street below, allowing you to be in the heart of the action while still enjoying quiet, private nights at home. Or, take to the mountains for a day on the slopeswhile not technically ski-in/ski-out, with the Quit' N Time trail just 150 steps away, providing access to the Town Lift, you're much closer than parking at the base and walking to the chairlifts at PCMR!
Friends and family will be enchanted by each picturesque room, designed for comfort and beauty. Each room is its own jewel box, carefully curated to be warm and inviting. With ensuite bathrooms, family and guests will enjoy privacy while staying together.
Bask in the rays of Utah, one of the sunniest states, as you lounge by your private pool and spa. It's the perfect place for an easy morning swim or a refreshing afternoon dip.
Gather for cocktails and games in the grand family room, anchored by a magnificent fireplace adorned with a gold antique mirror rescued from a Parisian opera house and lovingly restored to its former glory.
This property is not to be missed and must be seen to fully appreciate its grandeur and beauty.
THE NEIGHBORHOOD
Explore the location.
543 Park Avenue, Park City, UT 84060
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Map position comes from the listing source. Open directions in Google Maps
THE DETAILS
The details, all in one place.
- Property type
- Residential
- Category
- Residential
- Year built
- 1889
- Full baths
- 2
- Half baths
- 3
- Garage spaces
- 2
- Subdivision
- Old Town Area
- Parcel
- Wsi-1
- Annual property tax
- $38,809.00
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.
ERA PROPERTY MANAGEMENT
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Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.
Understand the opportunity.
Review rental pricing, property condition and your ownership goals with a local professional.
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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 ManagementResidential 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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543 Park Avenue, Park City, UT 84060 · MLS #12403384
More in Park City.
Listing information
MLS #12403384 · Park City MLS
Listing brokerage: Windermere RE Utah - Park City
Listing agent: Grady Kohler
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.

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