543 Park Avenue, Park City, UT

$24,750,000

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12

Beds

15

Baths

11,763

Square feet

0.34

Acres

About 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. Imagine opening the door to your new residence and stepping back in time. Currently operating as a bespoke boutique hotel, this crown jewel can effortlessly be transformed into a stunning single-family masterpiece. Originally built in 1889 as Park City's first schoolhouse during the mining boom, this hand-carved limestone building has a rich history. It has served as a dance hall in the 1950s and, more recently, a Bed and Breakfast before the current owners discovered its charm. Recognizing its character, they reimagined it, bringing it to life as a Paris-meets-Park City hotel beloved by discerning guests. Now, there's a once-in-a-lifetime opportunity to own this exquisite property. With easy, pre-drawn changes, this vibrant hotel can be converted into a distinguished home. Alternatively, you can keep the hotel operational and enjoy a private pied-à-terre in the top-floor penthouse suite. Spend your days exploring the shops and savoring the delights on Main Street, just one street below, allowing you to be in the heart of the action while still enjoying quiet, private nights at home. Or, take to the mountains for a day on the slopeswhile not technically ski-in/ski-out, with the Quit' N Time trail just 150 steps away, providing access to the Town Lift, you're much closer than parking at the base and walking to the chairlifts at PCMR! Friends and family will be enchanted by each picturesque room, designed for comfort and beauty. Each room is its own jewel box, carefully curated to be warm and inviting. With ensuite bathrooms, family and guests will enjoy privacy while staying together. Bask in the rays of Utah, one of the sunniest states, as you lounge by your private pool and spa. It's the perfect place for an easy morning swim or a refreshing afternoon dip. Gather for cocktails and games in the grand family room, anchored by a magnificent fireplace adorned with a gold antique mirror rescued from a Parisian opera house and lovingly restored to its former glory. This property is not to be missed and must be seen to fully appreciate its grandeur and beauty.

Residential home for sale in Park City, UT at 543 Park Avenue. This 12 bedroom Residential home is priced at $2,104/sqft.

Features of 543 Park Avenue

MLS® # 12403384
Price $24,750,000
Taxes $38,809
Bedrooms 12
Bathrooms 15.00
Full Baths 2
Half Baths 3
Square Footage 11,763
Acres 0.34
Year Built 1889
Type Residential
Sub-Type Detached
Style Historical, Multi-Level Unit, Updated/Remodeled
Status Active

Community Information : Park City

Address 543 Park Avenue
Area 01 - Old Town
Subdivision Old Town Area
City Park City
County Summit
State UT
Zip Code 84060

Amenities of 543 Park Avenue

Amenities None, Pool
Utilities Cable Available, Electricity Connected, High Speed Internet Available, Natural Gas Connected, Phone Available
Parking Spaces 2
Parking See Remarks, Assigned, Unassigned
Garages Detached, Floor Drain, Heated Garage, Hose Bibs, Oversized, Sink, See Remarks
View Ski Area, Mountain(s), Trees/Woods
Is Waterfront No
Has Pool Yes
Pool Pool, , Outdoor Pool
Organizational Type Single Family Residence
Night Rent Eligable Y
Recreation Access See Remarks

Interior of 543 Park Avenue

Interior Features Fire Sprinkler System, Ceiling(s) - 9 Ft Plus, Vaulted Ceiling(s), Elevator, Furnished - Fully, Pantry, Spa/Hot Tub, Storage, Ski Storage, Wet Bar
Appliances Disposal, Microwave, Refrigerator, Gas Dryer Hookup, Dishwasher, Freezer, Oven, Washer, See Remarks
Heating Baseboard, ENERGY STAR Qualified Boiler, Heat Pump, Radiant, Zoned
Cooling Air Conditioning
Fireplace Yes
# of Fireplaces 1
Fireplaces Gas
Stories Multi-Level
Has Basement Yes
Basement Crawl Space, Sump Pump

Exterior of 543 Park Avenue

Exterior Features Deck, Heated Driveway, Heated Walkway, Lawn Sprinkler - Partial, Patio, Outdoor Pool, Spa/Hot Tub, See Remarks
Lot Description Fully Landscaped, Gradual Slope, Natural Vegetation
Roof Metal
Construction Stone
Foundation Concrete Perimeter

Additional Information On 543 Park Avenue

Date Listed August 13th, 2024
Days on Market 593
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details of 543 Park Avenue

OfficeWindermere RE Utah - Park City

Listing Map of 543 Park Avenue

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