197 N ABAJO PEAK WAY #398 photo 1
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Single Family Residence
$86,000 reduction
Active
414Days on Market

$3,399,000

$755/sqft+4.0%/yrHome values in the 84032 zip code have grown an average of 4.0% per year over the last 5 years.

$3,485,000↓$86,000 (2%)Jul 15

Walk-Out BasementMountain ViewCorner Lot

Price history — protected

Price history is available to our clients. Request access and your agent will reach out.

Property summary

5Beds6Baths1Kitchen4,504sqft2025Year
1
Main Floor2,280 sqft
2Bed
1Full Bath
13/4 Bath
1Half Bath
1Family
1Kitchen
1Laundry
2Fireplace

3

Garage

B
Basement 2,224 sqft
3Bed
23/4 Bath
1Half Bath
2Family
1Laundry
1Fireplace
0.48 acres20,909 sqft lot
I'm interested

About This Property

Experience brand-new mountain modern living in the heart of Red Ledges. Set on a spacious 0.48-acre corner lot overlooking a tranquil pond, this 5-bedroom, 6-bath home offers 4,504 square feet of thoughtfully designed living space, panoramic mountain views, and exceptional indoor-outdoor living. The main level is designed around the views, with soaring ceilings, expansive windows, a floor-to-ceiling stone fireplace, and an open-concept great room that flows directly onto a large outdoor deck. The gourmet kitchen features premium appliances, custom cabinetry, an oversized island, and generous space for entertaining. The main-level primary suite offers a private retreat with spa-inspired finishes, a spacious walk-in closet, and direct deck access. The walk-out lower level adds a second living and entertaining space, three additional bedrooms, and direct access to the covered patio and backyard. An oversized three-car garage provides ample room for vehicles, recreational gear, and everything needed to enjoy the four-season mountain lifestyle. Located within the private Red Ledges community, owners enjoy convenient access to world-class golf, clubhouse amenities, pools, fitness, tennis and pickleball, hiking and biking trails, and easy access to skiing at Deer Valley and Park City. A Golf Park Membership is available with the property, subject to applicable club deposit, transfer, and membership requirements. 197 N Abajo Peak Way combines new construction, views, privacy, and the Red Ledges lifestyle in one of the Heber Valley's premier private communities.

Property Features

Heating

Gas: Central

Cooling

Central Air

Flooring

Carpet,Hardwood,Tile

Interior Features

Bar: Wet,Bath: Primary,Disposal,Range: Countertop,Smart Thermostat(s)

Exterior Features

Deck; Covered,Lighting,Patio: Covered,Sliding Glass Doors,Walkout

HOA Details

HOA Fee$2,875/Annually

Community Amenities

Biking Trails,Clubhouse,Controlled Access,Fire Pit,Gated,Golf Course,Fitness Center,Hiking Trails,Horse Trails,On Site Security,Picnic Area,Pool,Security,Tennis Court(s)

Location

Estimated Monthly Payment

$21,120/mo

Down Payment$679,800 (20%)
Principal & Interest$17,239
Property Tax$369/mo
Insurance (est.)$637/mo
HOA$2,875/mo
Est. Total$21,120/mo

Based on 20% down, 6.529% rate, 30-yr fixed. For estimation only.

Generic estimate. Create an account to enter your down payment, rate, and cash on hand for a number tailored to you.

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MLS# 2168114• Tax ID: 00-0021-8441

Courtesy of Patrick T Van Horn, Engel & Volkers Park City · patrick@vanhornpc.com

Property data from UtahRealEstate.com. Home value index from Zillow Research (zillow.com/research/data). Walkability data from Walk Score. Rent estimates from Rentometer. Public records (owner + loan) from the Salt Lake County Recorder; loan rate estimated from FRED's 30-yr average at origination month, balance assumes a 30-yr fixed with no extra payments. Property valuations by Rocco Value. Information deemed reliable but not guaranteed.

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Estimated Monthly Payment

$21,120/mo

Down Payment$679,800 (20%)
Principal & Interest$17,239
Property Tax$369/mo
Insurance (est.)$637/mo
HOA$2,875/mo
Est. Total$21,120/mo

Based on 20% down, 6.529% rate, 30-yr fixed. For estimation only.

Generic estimate. Create an account to enter your down payment, rate, and cash on hand for a number tailored to you.

Create account & personalize

MLS# 2168114• Tax ID: 00-0021-8441

Courtesy of Patrick T Van Horn, Engel & Volkers Park City · patrick@vanhornpc.com

Property data from UtahRealEstate.com. Home value index from Zillow Research (zillow.com/research/data). Walkability data from Walk Score. Rent estimates from Rentometer. Public records (owner + loan) from the Salt Lake County Recorder; loan rate estimated from FRED's 30-yr average at origination month, balance assumes a 30-yr fixed with no extra payments. Property valuations by Rocco Value. Information deemed reliable but not guaranteed.

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Schools

Elementary

Heber Valley

Middle School

Wasatch

High School

Wasatch

Open House

Friday, August 28

6:00 PM – 9:00 PM

Public

Hosted by Patrick Van Horn