Active

543 Park Avenue

Park City UT, 84060

$28,000,000


$2,380.35 per sqft

Active

12 Beds

15 Baths

11,763 sqft

Residential

Built in 1889

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 simple adaptations this vibrant hotel can be converted into a distinguished home. Alternatively, you can keep the hotel operational and enjoy a private pied-a-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 slopes--while 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 living 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. 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-a-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.

12403384

MLS ID

August 13, 2024

Listed

December 19, 2024

Updated

Map

543 Park Avenue
Park City UT, 84060

Interior Features

Bedrooms

12


Total Bathrooms

15


Full Bathrooms

2


Half Bathrooms

3


Three-Quarter Bathrooms

10


Interior Features

Elevator, Storage, Spa/Hot Tub, Ceiling(s) - 9 Ft Plus, Fire Sprinklers, Furnished - Fully, Pantry, Ski Storage, Vaulted Ceiling(s), Wet Bar, Breakfast Bar


Appliances

Dishwasher, Disposal, Freezer, Microwave, Oven, Refrigerator, Washer, See Remarks


Laundry Description

Gas Dryer Hookup


Floor Description

Carpet, Marble, Reclaimed Wood, Stone, Tile, Wood


Fireplace

Yes


Fireplace Description

Gas


Cooling

Yes


Cooling Description

Air Conditioning


Heating

Yes


Heating Description

Baseboard, Boiler - Energy Star Rated, Heat Pump, Radiant, Zoned

Exterior/Building Features

Lot Size

0.3 Acres


Exterior Features

Deck(s), Heated Driveway, Heated Walkway, Landscaped - Fully, Lawn Sprinkler - Partial, Patio(s), Pool - Outdoor, See Remarks


Lot Features

Gradual Slope, Natural Vegetation


Architectual Style

Historical, Multi-Story, Updated/Remodeled


Roof

Metal


Sewer

Public Sewer

Other Property Details

Area Name

Park City Limits


Taxes

$38,809


Tax Frequency

Annually


Days on Market

128


Association Amenities

Pool, None


Garage

Yes


Garage Spaces

2


Parking

See Remarks, Assigned, Unassigned, Detached, Floor Drain, Heated Garage, Hose Bibs, Oversized, Sink


View

Yes


View Description

Mountain(s), Ski Area, Trees/Woods


County

Summit


Water Source

Irrigation, Public


Pool

Yes

Listing History

Date

Event

Price

12/19/2024

Price change

$28,000,000

-10%

 Courtesy of Windermere RE Utah - Park City, Gretchen Hudgens - 435-901-1015 

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The multiple listing information is provided by UT - Park City Board of REALTORS (PCBR) from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 UT - Park City Board of REALTORS (PCBR), All Rights Reserved. Access to the multiple listing information through this website is made available by Hank Pool as a member of the UT - Park City Board of REALTORS (PCBR) multiple listing service.

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