For sale MLS# 2192461 · 5 days on the market
$1,850,000
It starts with a call with an agent.
8888 Cheyenne Way, Park City, UT 84098
About this home
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.
Written by the listing agent.
Location
The market in Park City today
$1,850,000 is 10% below the median asking price in Park City.
At $493 per sqft it asks 50% less than the median in the city.
38% of the listings for sale have lowered their price at least once.
From the listings for sale, as of October 25, 2026. Asking prices only: Utah does not make sold prices public.
Living in Park City
Park City is a mountain resort town in Summit and Wasatch counties, located 32 miles southeast of downtown Salt Lake City along Interstate 80.
- 8,396 residents (2020)
- 2 rail stations
- 219 named trails
- 12 named parks
Monthly payment
- Principal & interest
- $10,252
- Property tax
- $518
- Home insurance
- $110
- HOA
- $23
10% down ($185,000), 30-year fixed at 6.25%. Tax from the MLS record; insurance is an estimate. Not a loan offer.
Details
- Style
- Stories: 2
- Garage
- 3 cars
- Basement
- Daylight, Entrance, Walk-Out Access
- Lot
- 0.51 acres
- HOA
- $23/mo
- Subdivision
- JEREMY RANCH
See all 19 details
- Stories
- 3
- Rooms
- 17
- Basement finished
- 100%
- Parking
- Attached, Opener, Workbench
- Heating
- Forced Air, Gas: Central
- Flooring
- Carpet, Hardwood, Tile
- Roof
- Asphalt
- Construction
- Brick, Stucco
- Water
- Culinary
- Sewer
- Sewer: Connected, Sewer: Public
- County
- Summit
- Zoning
- Single-Family
- Terms
- Cash, Conventional
- Basement Apartment
- Bath: Primary
- Bath: Sep. Tub/Shower
- Closet: Walk-In
- Den/Office
- Great Room
- Mother-in-Law Apt.
- Range: Gas
- Range/Oven: Free Stdng.
- Vaulted Ceilings
See all 31 features
Interior
- Basement Apartment
- Bath: Primary
- Bath: Sep. Tub/Shower
- Closet: Walk-In
- Den/Office
- Great Room
- Mother-in-Law Apt.
- Range: Gas
- Range/Oven: Free Stdng.
- Vaulted Ceilings
Exterior
- Basement Entrance
- Double Pane Windows
- Walkout
Lot features
- Curb & Gutter
- Road: Paved
- Sprinkler: Auto-Full
- Terrain: Hilly
- View: Mountain
- View: Valley
- Wooded
- Near Golf Course
View
- Mountain(s)
- Valley
Community amenities
- Biking Trails
- Golf Course
- Hiking Trails
Utilities
- Natural Gas Connected
- Electricity Connected
- Sewer Connected
- Sewer: Public
- Water Connected
Schools
Assigned schools as reported to the MLS by the listing agent. Boundaries change; confirm enrollment with the district. · Park City
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Listing courtesy of Real Estate Essentials / Wesley J Goldberg. Based on information from UtahRealEstate.com as of 10/24/2026 12:36 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy.