Discover unparalleled privacy, an indoor pickleball court, and breathtaking panoramic views of all three ski resorts from this exquisite 10.55-acre equestrian property, nestled within the Park City School district. This modern mountain masterpiece was completely redone in 2016. It is perfectly designed for hosting memorable gatherings and creating everlasting memories with family and friends. The home's design emphasizes an open floor plan that prioritizes main-level living and entertainment, boasting a gourmet kitchen, a sophisticated billiard room, and a seamless flow between indoor and outdoor living spaces. The expansive deck, accessible via oversized glass sliding doors, offers multiple areas for relaxation and entertainment, set against the backdrop of unobstructed ski run vistas. The indoor pickleball and basketball court provides a large flex space for an additional family/game room, home theater, and more. Additional amenities are an executive office, multiple gathering areas, a three-car heated garage, and a sizable storage room for all your needs. The expansive 2,100-square-foot outdoor deck, complete with a spa, offers breathtaking panoramic mountain views. It overlooks a beautifully manicured, extra-large grassy area, ideal for weddings and summer festivities. The 10.55-acre property features mostly natural grounds, offering the perfect opportunity to expand, build a barn or guest house, or simply enjoy the space and privacy with minimal maintenance. Embrace the year-round mountain lifestyle with nearby hiking and biking trails, and enjoy the convenience of being just 10 minutes away from skiing, Whole Foods, and a selection of restaurants and bars. Located just 20 minutes from Heber Municipal Airport and 30 minutes from Salt Lake City International Airport, this property is not just a home but a gateway to a life of adventure, luxury, and tranquility.
Property Details
Property Features
Property Information:
Architectural Style: Tri/Multi-Level
Year Built: 2016
Stories: 2
Living Area: 8,366 SqFt
Listing Office:
Office Name: Engel & Volkers Park City
Listing Agent: MARCUS WOOD
Interior Features
Interior Information:
Appliances: Dryer, Microwave, Range Hood, Refrigerator, Washer, Water Softener
Flooring Type: See Remarks, Carpet, Hardwood, Tile
Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/18/2024, 10:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$20,014
$2,266,866
2019
$20,374
$2,266,866
2018
$16,817
$1,997,234
2017
$16,190
$1,997,234
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$34.5K
Per Month
Principal & Interest
$34.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$20.7K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Trailside School
5700 Trailside Dr
Distance between this listing and this school2.54 miles
Public District Grades KG-5
8
/10
Jeremy Ranch School
3050 Rasmussen Rd
Distance between this listing and this school3.11 miles
Public District Grades KG-5
5
/10
Parleys Park School
4600 Silver Springs Dr
Distance between this listing and this school4.13 miles
Public District Grades KG-5
Nearby Schools
4
/10
Ecker Hill Middle School
2465 Kilby Rd
Distance between this listing and this school2.92 miles
Public District Grades 6-7
7
/10
Weilenmann School of Discovery
4199 Kilby Rd
Distance between this listing and this school4.38 miles
Public Charter Grades KG-8
8
/10
North Summit Middle School
76 S 100 E, 76 S 100 E
Distance between this listing and this school12.81 miles
Public District Grades 5-8
Nearby Schools
5
/10
Silver Summit Academy
6407 Business Park Loop Rd
Distance between this listing and this school2.35 miles
Public District Grades 6-12
7
/10
Winter Sports School
4251 Shadow Mountain Dr
Distance between this listing and this school4.51 miles
Public Charter Grades 9-12
6
/10
Treasure Mtn. Junior High School
2530 Kearns Blvd
Distance between this listing and this school5.77 miles
The neighbors living near this home have an average income of $131,380. Most Park City, UT residents have annual incomes between $100k-200k. The majority of families are married, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Living In Park City, UT
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
What are the common housing types in Park City, UT?
Park City's housing market is characterized by a mix of luxurious mountain homes, condominiums, and townhouses, with a focus on high-end properties that often feature ski-in/ski-out access. Architectural styles range from contemporary to rustic mountain designs, reflecting the area's resort-town atmosphere. The market is competitive, with a significant portion of properties serving as second homes or vacation rentals.
What are the advantages of living in Park City, UT?
Park City is celebrated for its world-class ski resorts and vibrant cultural scene, including the annual Sundance Film Festival which draws a global audience. The community prides itself on its historical Main Street, lined with boutique shops, art galleries, and restaurants, encapsulating the town's blend of old-world charm and modern luxury.
Are essential services in Park City, UT convenient?
The community is served by a number of public and private schools, offering educational options for residents. Healthcare is accessible through local clinics and the nearby hospital, equipped to provide both general and specialized care. Park City also features a public library, and the retail and dining experiences are reflective of the town's affluence and cosmopolitan visitors.
How do Park City, UT residents get around?
Park City's transport infrastructure includes a free city-wide bus system that connects residents and visitors to various parts of the town and ski resorts. The area is bike-friendly during the warmer months, with numerous trails and bike lanes. Major roads and highways provide access to nearby Salt Lake City, enhancing connectivity for commuters and travelers. The town also supports a range of ride-sharing options to complement its public transport system.
Frequently Asked Questions About 8406 Cottonwood Trl
What is the listing price of this property?
The listing price of 8406 Cottonwood Trl property is $6,899,000.
What type of property is this?
The property 8406 Cottonwood Trl is a house located in Park City, Utah, 84098.
Is this property for sale now?
Active Listing: 8406 Cottonwood Trl is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $20,014 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 8406 Cottonwood Trl has 6 bedrooms and 4 full and 1 half bathrooms.
What is the square footage of this property?
The property 8406 Cottonwood Trl is 8,366 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 8406 Cottonwood Trl is 2016.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 8406 Cottonwood Trl in Park City, UT and zip code 84098. This 8,366 square foot home, which was built in 2016, sits on a 10.55 acre lot. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since February 16, 2024 and is currently priced at $6,899,000.
In October 2024 in Park City, UT there were 18.2% more homes for sale than in September 2024. In October 2024 median list price was $2,258,117 and the average listing age was 136 days.
From Rocket Homes Real Estate and based on county public records data.