LKV Realty
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$24,750,000
$7,200Reward *
543 Park Avenue, Park City, UT 84060Listing ID 12403384

543 Park Avenue, Park City, UT 84060

Active
Old Town Area
Time on site: 734 daysLast updated: Mar 26, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
12
Bathrooms
Bathrooms
15
Square Feet
Square Feet
11,763
Acres
Acres
0.34
Days on Site
Days on Site
732
Year Built
Year Built
1889
Garages
Garages
2
Parking
Parking
See Remarks, Assigned, Unassigned

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. Imagine opening the door to your new residence and stepping back in time. Currently operating as a bespoke boutique hotel, this crown jewel can effortlessly be transformed into a stunning single-family masterpiece. Originally built in 1889 as Park City's first schoolhouse during the mining boom, this hand-carved limestone building has a rich history. It has served as a dance hall in the 1950s and, more recently, a Bed and Breakfast before the current owners discovered its charm. Recognizing its character, they reimagined it, bringing it to life as a Paris-meets-Park City hotel beloved by discerning guests. Now, there's a once-in-a-lifetime opportunity to own this exquisite property. With easy, pre-drawn changes, this vibrant hotel can be converted into a distinguished home. Alternatively, you can keep the hotel operational and enjoy a private pied-à-terre in the top-floor penthouse suite. Spend your days exploring the shops and savoring the delights on Main Street, just one street below, allowing you to be in the heart of the action while still enjoying quiet, private nights at home. Or, take to the mountains for a day on the slopeswhile not technically ski-in/ski-out, with the Quit' N Time trail just 150 steps away, providing access to the Town Lift, you're much closer than parking at the base and walking to the chairlifts at PCMR! Friends and family will be enchanted by each picturesque room, designed for comfort and beauty. Each room is its own jewel box, carefully curated to be warm and inviting. With ensuite bathrooms, family and guests will enjoy privacy while staying together. Bask in the rays of Utah, one of the sunniest states, as you lounge by your private pool and spa. It's the perfect place for an easy morning swim or a refreshing afternoon dip. Gather for cocktails and games in the grand family room, anchored by a magnificent fireplace adorned with a gold antique mirror rescued from a Parisian opera house and lovingly restored to its former glory. This property is not to be missed and must be seen to fully appreciate its grandeur and beauty.

Property Information

Property Details

Location

Address
543 Park Avenue
County
Summit
City
Park City
Zip Code
84060
Subdivision
Old Town Area
MLS Area
Park City Limits

Interior Features

Beds and Baths

Bedrooms
12
Full Bathrooms
2
Half Bathrooms
3
3/4 Bathrooms
10

Building

Building Information

Square Feet
11,763
Year Built
1889
Construction
Stone
Foundation
Concrete Perimeter

Property Taxes

Tax Annual Amount
$38,809
Tax Year
2023
Windermere RE Utah - Park City, (435) 645-9090

Market Report for 84060

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Park City Board of REALTORS®
Park City Board of REALTORS® logo

The multiple listing information is provided by the Wasatch Back MLS, Inc., from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Wasatch Back MLS, Inc. All Rights Reserved. Access to the multiple listing information through this website is made available by LKV Realty as a member of the Wasatch Back Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but is not guaranteed accurate by the MLS.

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