1559 S COBBLE COVE CIR, St. George, UT 84790

1559 S COBBLE COVE CIR, St. George | Synapse Realty | Synapse Realty

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Single Family Residence

$100,000 reduction

Active

118Days on Market

$1,250,000

$1,139/sqft+8.9%/yrHome values in the 84060 zip code have grown an average of 8.9% per year over the last 5 years.

$1,350,000↓$100,000 (7%)Jul 17

Price history — protected

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Property summary

1Bed1,097sqft1900Year

Main Floor723 sqft

1Bed

Basement 374 sqft

0.05 acres2,178 sqft lot

About This Property

I'm interested

PRICE REDUCTION. Newly priced and ready for its next chapter, this is a rare opportunity to create a custom mountain home in the heart of Old Town Park City with much of the upfront planning already completed. Located at the top of Prospect Avenue, the circa-1895 residence is recognized as a Significant Historic Site and has received Historic Preservation Board approval for the proposed preservation work and rear addition, subject to the outlined conditions and final permitting. The thoughtfully designed plans preserve the character of the original mining-era home while introducing a modern addition intended to improve livability, functionality and connection to the surrounding views. A builder has already been selected and is prepared to begin work once the remaining permits are issued, providing the next owner with a clear path toward construction. The elevated setting captures sweeping views across Old Town, Park City Mountain ski runs and the surrounding mountains. Dedicated off-street parking adds significant value in the Historic District, where parking is exceptionally difficult to find. Enjoy convenient access to Historic Main Street, world-class skiing, dining, entertainment and Park City's extensive trail system. Ideal for an end user, investor or developer seeking an approved Old Town Park City renovation and redevelopment opportunity with strong long-term potential. This is a chance to create a one-of-a-kind luxury home without beginning the historic review process from scratch.

Location

Estimated Monthly Payment

$7,359/mo

Down Payment$250,000 (20%)

Principal & Interest$6,340

Property Tax$785/mo

Insurance (est.)$234/mo

Est. Total$7,359/mo

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

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MLS# 2154368• Tax ID: PC-233

Courtesy of Julie Snyder, Summit Sotheby's International Realty · 339-222-0935 · julie@inhabitparkcity.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.