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543 Park Avenue, Park City, UT – $24,750,000

  • $24.8M Price
  • 11,763 Sqft
  • .34 Acres
  • 594 DOM
  • $24.8M Price
  • 11,763 Sqft
  • .34 Acres
  • 594 DOM

543 Park Avenue

The Washington School House is one of Park City's most iconic and irreplaceable properties. Built in 1889 as the city's first schoolhouse, this hand-carved limestone landmark now operates as a 12-room boutique property just one block from Main Street and 150 steps from ski access via Quit' N Time to the Town Lift. 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.

Courtesy of: Windermere RE Utah - Park City.

Essential Information

  • MLS® #12403392
  • Price$24,750,000
  • Square Footage11,763
  • Acres0.34
  • Year Built1889
  • TypeCommercial Sale
  • StatusActive

Community Information

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

Interior

  • CoolingAC - Room

Heating

Heat Pump, Baseboard, Boiler, Forced Air, Radiant

Exterior

  • RoofMetal
  • ConstructionStone
  • FoundationConcrete Perimeter

Additional Information

  • Date ListedAugust 13th, 2024
  • Days on Market594
  • ZoningHR1-CUP
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Price Change History for 543 Park Avenue, Park City, UT (MLS® #12403392)

Date Details Change
Price Reduced from $25,000,000 to $24,750,000 $250,000 (1.00%)
Price Reduced from $28,000,000 to $25,000,000 $3,000,000 (10.71%)
Price Reduced from $31,000,000 to $28,000,000 $3,000,000 (9.68%)
Status Changed from to Active
Status Changed from Active to

Courtesy of: Windermere RE Utah - Park City.

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Listing information last updated on June 10th, 2026 at 3:44am CDT.