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8888 Cheyenne Way, Park City, UT 84098

$1,850,000

5 bed · 3.25 bath · 3,753 sqft

Magnificent views is an understatement! This exceptional Jeremy Ranch property offers sweeping, unobstructed 360 mountain views encompassing Jeremy Ranch Golf Course, Parley's Summit, Summit Park, the Olympic Ski Jumps, & The Canyons Ski Resort, w/ spectacular sunsets from the west-facing deck & additional views from the dining room. Ideally located just minutes from Salt Lake City while enjoying the Park City lifestyle, this red-brick home sits on a large private lot w/ mature trees & an expansive yard, offering an incredible opportunity for an investor or builder. Major renovation required & priced accordingly off an estimated $2.1M ARV allowing for some significant upside potential. The home has excellent bones & impressive features including 18' ceilings, 3 fireplaces, 2 furnaces, hardwood floors throughout the entire main level, a fully finished walkout basement w/ full daylight windows, large kitchen w/ Sub-Zero refrigerator & a spacious primary suite w/ double sinks & 2 walk-in closets, 2nd floor laundry w/ cabinetry & sink, mudroom w/ built-ins, front office w/ built-in desk, bookcases & even a gun cabinet, water softener, & a large 2nd floor bedroom that could potentially be converted back to 2 bedrooms as originally designed. A rare opportunity to transform an exceptional mountain property w/ jaw dropping views, prime location, substantial scale, & tremendous luxury-home potential.

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Listing courtesy of Wesley J Goldberg, Real Estate Essentials.

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