543 PARK AVE photo 1
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Single Family Residence
$6,250,000 reduction
Active
743Days on Market

$24,750,000

$2,104/sqft+8.9%/yrHome values in the 84060 zip code have grown an average of 8.9% per year over the last 5 years.

$31,000,000↓$6,250,000 (20%)Feb 25

Walk-Out BasementPool

Price history — protected

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Property summary

12Beds15Baths1Kitchen11,763sqft1889Year
3
3rd Floor2,712 sqft
5Bed
2Full Bath
33/4 Bath
1Half Bath
1Fireplace
2
2nd Floor3,532 sqft
3Bed
33/4 Bath
1
Main Floor3,532 sqft
4Bed
43/4 Bath
1Half Bath
1Living
1Kitchen
1Fireplace
B
Basement 1,987 sqft
1Half Bath
1Den
1Laundry
1Fireplace
0.34 acres14,810 sqft lot
I'm interested

About This Property

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.

Property Features

Heating

Electric,Heat Pump,Radiant Floor

Cooling

Central Air

Flooring

Carpet,Hardwood,Marble,Tile

Exterior Features

Secured Parking,Patio: Open

Parking

Covered,Parking: Uncovered,Secured

Location

Estimated Monthly Payment

$133,402/mo

Down Payment$4,950,000 (20%)
Principal & Interest$125,527
Property Tax$3,234/mo
Insurance (est.)$4,641/mo
Est. Total$133,402/mo

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

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MLS# 2017118• Tax ID: WSI-1

Courtesy of Grady Kohler, Windermere Real Estate (Park City) · 801-485-3151 · GradyKohler@Windermere.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

$133,402/mo

Down Payment$4,950,000 (20%)
Principal & Interest$125,527
Property Tax$3,234/mo
Insurance (est.)$4,641/mo
Est. Total$133,402/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# 2017118• Tax ID: WSI-1

Courtesy of Grady Kohler, Windermere Real Estate (Park City) · 801-485-3151 · GradyKohler@Windermere.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

McPolin

Middle School

Treasure Mt

High School

Park City

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