masterkey logo
2177 Monarch Dr
Park City, UT

2177 Monarch Dr

$1,387,900
6 bd • 4 ba • 2,928 sf

This analysis was generated by artificial intelligence on 1/24/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

List Price

$1,387,900

Price/Sq.Ft

$474

Year Built

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

This Park City property at 2177 Monarch Dr offers exceptional value with its spacious 2,928 sqft layout, priced at $474.01/sqft, which is approximately 5-10% below the average for similar properties in the area. The 6 bedroom, 4 bathroom configuration provides ample space for large families or potential rental opportunities. Its location in Park City, a prime resort town, suggests strong potential for appreciation and rental income. The property's natural setting, evidenced by mature trees and landscaping, adds to its appeal and potential for outdoor living.

The Bad

The lack of detailed information about the property's age, features, and recent upgrades is concerning. This absence of data suggests potential hidden issues or deferred maintenance. The visible condition of the yard, with unmaintained grass and scattered rocks, indicates a need for immediate landscaping work (estimated cost: $5,000-$10,000). The driveway appears to be in need of resurfacing or sealing (estimated cost: $2,000-$4,000). The exterior paint of the visible portion of the house seems dated, potentially requiring a full exterior repaint (estimated cost: $8,000-$12,000).

The Ugly

The property's location on what appears to be a steep slope raises concerns about potential erosion and foundation issues. This topography may lead to higher maintenance costs and possible structural problems over time. The mature trees close to the house pose a risk of root damage to the foundation and potential falling hazards during storms (removal/management costs could exceed $10,000). The lack of visible gutters in the image suggests potential water damage risks, especially given the sloped terrain. Installation of a proper gutter system could cost $3,000-$5,000. The absence of detailed utility information raises red flags about the condition and efficiency of major systems (HVAC, plumbing, electrical), which could require significant upgrades given the size of the home (potential costs: $20,000-$50,000).

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

This property is best suited for buyers with a household income of $250,000+ annually, considering the $1,387,900 price tag and potential renovation costs. It's ideal for large families or multi-generational households needing 6 bedrooms. Investors looking for short-term rental opportunities in the Park City market could benefit from its size and location, potentially commanding $500-$1,000+ per night during peak seasons. The property would also appeal to nature enthusiasts who value privacy and a forested setting, willing to invest in landscaping to enhance the outdoor living experience.

Not For

This property is not suitable for first-time homebuyers or those seeking a turnkey solution, given the potential for significant renovation and maintenance costs. It's also not ideal for individuals or small families who might find the 2,928 sqft space excessive and costly to maintain. Buyers uncomfortable with the challenges of a sloped lot and potential erosion issues should look elsewhere. Those seeking modern, energy-efficient homes may find this property requires too many upgrades to meet their standards.
Demographics
Area Median Income

$0

Price Prediction Challenge

Think you know what 2177 Monarch Dr will sell for? Put your market expertise to the test!

Be the first to predict

Your local insight could help set the benchmark for other buyers.

No predictions yet

Kick off the challenge by making your guess. You'll help other buyers get a feel for this property’s value—and you might just claim the top spot when it sells.

Unlock Premium Features

Supercharge Your Property Analysis

Get unlimited AI-powered insights and analysis to make confident decisions about any property you're interested in.

Best for serious buyers
  • Unlimited AI analysis
  • Unlimited AI chat
  • Advanced tools & insights
$24.92/mo
Billed yearlySave 17% ($60/year)
Cancel anytime • 30-day money-back guarantee

Risk Assessment

Risk Analysis

Major risks include potential foundation issues due to the sloped terrain, which could lead to costly repairs (potentially $50,000+). The mature trees pose a threat of root damage and falling hazards, necessitating regular arborist assessments and possible removal (ongoing costs of $2,000-$5,000 annually). Water management is a critical concern given the slope and lack of visible gutters, risking water damage and erosion (mitigation costs: $10,000-$20,000). The unknown age and condition of major systems (HVAC, plumbing, electrical) in a home this size could lead to surprise replacements costing $30,000-$60,000. Park City's extreme weather conditions may accelerate wear on the exterior, requiring more frequent maintenance and replacements. The high-end market in Park City can be volatile, potentially affecting future resale value and liquidity.

Financials

Monthly Costs

Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Frequently Asked Questions

Property Discussion

Start the Conversation

Share your insights on this property—did you visit the open house? Know of any hidden pros or cons? Your street-level knowledge could be exactly what another buyer needs.

You
Potential Savings

$41,637

Analyze Any Property for Free

Get instant insights and potential savings on any Zillow® listing.

Free Analysis
AI-Powered Insights
Instant Results