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New construction
  • $1,900,000

    1200 W Lori Ln #C15, Heber City, UT 84032

    1beds
    4,345sqft
    : 
    $11,229/mo
    Get pre-qualified
    Condominium
    Built in 2017
    -- sqft lot
    $1,819,500 Zestimate®
    $437/sqft
    $500/mo HOA

    What's special

    Fully independent one-bedroom apartmentFull en-suite bathDesigner kitchenLarge conference roomSpacious family roomFour private officesThree fully lockable levels
    1200 Lori Lane #C15 is a rare opportunity to own a true income-producing investment property in the heart of the Wasatch Back. This 4,400 SF luxury flex space features three fully lockable levels, allowing for three separate tenants with no crossover between spaces--an increasingly sought-after configuration for today's investors. The property is currently 100% leased with three established long-term tenants in place, generating a 5%+ cap rate in one of Utah's fastest-growing markets. With seasoned leases, no vacancy, and immediate cash flow from day one, this is a stabilized asset designed for predictable returns. The main level features a 14-foot oversized garage door opening to approximately 2,000 SF of flex warehouse space, ideal for equipment storage, showroom use, or business operations. It also includes four private offices, a large conference room, break room/kitchen area, and secure separation between warehouse and office space. The second level offers more than 1,000 SF of residential living space, including a large bedroom, full en-suite bath, and spacious family room. The third level functions as a fully independent one-bedroom apartment with a designer kitchen, large bathroom, and comfortable living area. Both residential units benefit from strong rental demand due to their proximity to Deer Valley East Village and the Jordanelle corridor. Originally finished by one of Park City's most respected builders, the property showcases exceptional craftsmanship and quality throughout, supporting long-term tenant retention and asset value. Conveniently located just 5.5 minutes from Deer Valley East Village and 2 minutes from Jordanelle Reservoir, this property combines reliable cash flow with strong appreciation potential. With all three tenants in place, long-term leases, and a 5%+ cap rate that is increasingly difficult to find in the Park City area, this is a true turnkey investment opportunity.
    78 days
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    34
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    1
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    Zillow last checked:

    Listing updated:

    Listed by:

    Jonathan Crosswhite 435-659-4757,

    Christie's Int. RE VUE

    Source: PCBR,MLS#: 12602381MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 3
      • Full bathrooms: 1
      • 1/2 bathrooms: 2
      Heating
      • Forced Air
      Cooling
      • Air Conditioning
      Appliances
      • Included: Dishwasher, Disposal, Freezer, Gas Range, Microwave, Oven, Refrigerator, Washer/Dryer Stacked, Gas Water Heater, Water Softener Owned
      Features
      • Storage, Ceiling Fan(s), Pantry, Ski Storage, Vaulted Ceiling(s)
      • Flooring: Wood
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 4,345
      • Total interior livable area: 4,345 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: RV Garage, Assigned, Unassigned, Floor Drain, Hose Bibs, Oversized, Garage Door Opener
      • Has garage: Yes
      • Covered spaces: 4
      Accessibility
      • Accessibility features: ADA Accessible
      Features
      • Exterior features: Drip Irrigation
      • Has view: Yes
      • View description: Mountain(s), Ski Area
      Lot
      • Size: 2,613 Square Feet
      • Features: Level, Native Plants, South Facing
      Details
      • Additional structures: None
      • Parcel number: 0000211199
      • Other equipment: Appliances, Thermostat - Programmable

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Aluminum Siding, Stone
      • Foundation: Concrete Perimeter
      • Roof: Metal
      Condition
      • New construction: Yes
      • Year built: 2017

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Irrigation, Public
      • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected

      Community & HOA

      Community
      • Security: Fire Pressure System, Smoke Alarm
      • Subdivision: Park East
      HOA
      • Has HOA: Yes
      • Amenities included: Fire Sprinklers, Security System - Entrance
      • Services included: Maintenance Structure, Maintenance Grounds, Management Fees, Snow Removal, Water
      • HOA fee: $6,000 annually
      • HOA phone: 801-971-8800
      Location
      • Region: Heber City

      Financial & listing details

      • Price per square foot: $437/sqft
      • Annual tax amount: $13,247
      • Date on market: 6/3/2026
      • Cumulative days on market: 78 days
      • Listing terms: 1031 Exchange,Cash,Conventional
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $1,819,500

        $1.73M - $1.91M

        $2,660/mo

        Price history

        Price history is unavailable.

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 84032

        Getting around

        12 / 100
        Car-Dependent
        6 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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