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543 Park Ave, Park City, UT – $31,000,000

  • 12 Beds
  • 15 Baths
  • 11,763 Sqft
  • .3 Acres
  • 12 Beds
  • 15 Baths
  • 11,763 Sqft
  • .3 Acres

543 Park Ave

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-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.

Courtesy of: Windermere RE Utah - Park City.

Essential Information

  • MLS® #12403384
  • Price$31,000,000
  • Bedrooms12
  • Bathrooms15.00
  • Full Baths2
  • Half Baths3
  • Square Footage11,763
  • Acres0.30
  • Year Built1889
  • TypeResidential
  • Organizational TypeSingle Family
  • Sub-TypeSingle Family Residence
  • StatusActive

Style

Multi-Story, Historical, Renovated/Restored

Community Information

  • Address543 Park Ave
  • Area01 - Old Town
  • SubdivisionOld Town Area
  • CityPark City
  • CountySummit
  • StateUT
  • Zip Code84060

Amenities

  • AmenitiesNone, Pool
  • Parking Spaces7
  • Has PoolYes
  • PoolPool, Pool - Outdoor

Utilities

Cable Available, Phone Available, Natural Gas Connected, High Speed Internet Available, Electricity Connected

Parking

Unassigned, See Remarks, Assigned

Garages

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

View

Ski Area, Mountain(s), Trees/Woods

Interior

  • CoolingAir Conditioning
  • Has BasementYes
  • FireplaceYes
  • # of Fireplaces3
  • FireplacesGas

Interior Features

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

Appliances

Disposal, Washer, Oven, Freezer, Dishwasher, Dryer - Gas, Refrigerator, Microwave, See Remarks

Heating

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

Exterior

  • ExteriorStone
  • RoofMetal
  • ConstructionFrame - Wood
  • FoundationConcrete Perimeter

Exterior Features

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

Lot Description

Gradual Slope, Natural Vegetation

School Information

  • DistrictPark City

Additional Information

  • Date ListedAugust 13th, 2024
  • Days on Market62
  • HOA Fees0.00
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Courtesy of: Windermere RE Utah - Park City.

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Listing information last updated on October 14th, 2024 at 4:29am CDT.