543 PARK AVE, Park City, UT 84060
WASHINGTON SCHOOL INN REPLAT · Summit County
Key Facts
Description
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 Information
Property Type
Commercial Sale
Sub-Type
Hotel/Motel
Year Built
1889
Lot Size
0.34 acres
Lot Dimensions
0.0x0.0x0.0
Days on Market
234
MLS® Listing#
2103050
Property Features
Cooling
Heating
Financial Details
HOA
None
Annual Taxes
$44,855
Parcel Number
WSI-1
Affordability Calculator
$4,950,000
Estimated monthly payment
$131,730/mo
Principal $19,800,000 · Est. interest $27,622,762 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Park City, UT
- $654,506
- Median Listing Price
- 66
- Median Days on Market
- 2,075
- Median Sq Ft
- $322
- Median Price / Sq Ft
- 3,074
- Active Listings
- This home’s price is 3681% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Park City, UT.
Location
Points of Interest in Park City, UT
Showing the Park City area map.
Nearby Schools
Marsac Elementary School
Elementary · 0.2 mi away
Park City Cooperative Preschool
School · 0.6 mi away
Educational Advantage
School · 1.3 mi away
Park City High School
Secondary · 1.6 mi away
McPolin Elementary School
Elementary · 1.7 mi away
Treasure Mountain Junior High School
Secondary · 1.7 mi away
Park City School District
School · 1.8 mi away
Rocky Mountain Hockey Schools
Secondary · 3.0 mi away
The Shining Stars School
School · 4.0 mi away
The Winter Sports School in Park City
Secondary · 4.1 mi away
Soaring Wings International Montessori School
Elementary · 4.1 mi away
Parley's Park Elementary School
Elementary · 4.3 mi away
Trailside Elementary School
Elementary · 4.9 mi away
Silver Summit Academy Elementary
Elementary · 5.4 mi away
Another Way School
Secondary · 5.6 mi away
Little Miners Montessori
Elementary · 6.4 mi away
Ecker Hill Middle School
Secondary · 7.4 mi away
Creekside Kids Academy
School · 7.9 mi away
The Peek Program
School · 8.1 mi away
Park City Day School
Elementary · 8.1 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 3611 CRESTWOOD CT W, Park City, UT | $17,500,000 | 6 | 10 | 14,290 |
| 1735 RED HAWK TRL, Park City, UT | $17,900,000 | 6 | 9 | 10,954 |
| 152 WHITE PINE CANYON RD, Park City, UT | $18,800,000 | 5 | 8 | 9,443 |
| 1042 QUARRY MOUNTAIN LN, Park City, UT | $18,900,000 | 6 | 7 | 8,500 |
| 1943 N WOLF CREEK RANCH RD 12, Heber City, UT | $19,900,000 | 8 | 11 | 15,577 |
| 663 WOODSIDE AVE, Park City, UT | $20,000,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in Park City
Listing Courtesy: Windermere Real Estate (Park City) - 4356459090
Last Updated: 2024-08-13