Date
Details
Price
Change
Source
6/03/2026
Listed
$1,900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$1,900,000
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Property Description
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.
Full Property Details
Full Property Details for 1200 W Lori Ln #C15
General
- Price: $1,900,000
- HOA FEE: $500/month
- HOA FEE FREQ.: Annually
- Taxes: $13,247
- Status: Active
- Type: Condo
- Source: WFR
- MLS ID: 2162534
- Updated: 6/3/2026
- Added to Site: 38 day(s) ago
Interior
- Interior Features: Alarm: Fire, Disposal, Mother-in-Law Apt., Range: Gas, Vaulted Ceilings, Smart Thermostat(s)
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 1
- Half Bathrooms: 2
Bedrooms
- Total Bedrooms: 1
Additional Information
- Shared Amenities: Maintenance, Management, Snow Removal, Water
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 4
- Covered Spaces: 4
- Total Spaces: 4
- Parking Features: Rv Parking
Location
- Area: Charleston; Heber
- County: Wasatch
- Subdivision: PARK EAST I
School Information
- Elem School District: South Summit
- Midd School District: South Summit
- High School District: South Summit
- Elementary School: South Summit
- Middle School: South Summit
- High School: South Summit
Community
- Association: Yes
- Assoc. Fees Include: Maintenance Grounds, Water
Heating & Cooling
- Air Conditioning: Yes
- Heating Type: Forced Air
Utilities
- Sewer: Sewer: Connected, Sewer: Public
- Water: Culinary, Irrigation
- Utility Description: Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected
Structural Information
- Architectural Style: Tri/Multi-Level
- Construction: Aluminum, Frame
- Exterior Const.: Aluminum, Frame
- Basement Desc.: None, Slab
- Roof: Metal
- Disability Access: Customized Wheelchair Accessible
- Stories/Levels: 3
- Square Feet: 3,634
- Living Area: 3,634 Sq. Ft.
- Current Bldg. Use: Residential
- Year Built: 2017
- Property Condition: Blt./Standing
Lot Features
- Property View: Mountain(s)
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,613.6
- Lot Size: .06
- Landscape: Landscaping: Full
- Topography: Road: Paved, Sprinkler: Auto-Full, Terrain, Flat, View: Mountain, Drip Irrigation: Auto-Full
- Lot Features: Road: Paved, Sprinkler: Auto-Full, View: Mountain, Drip Irrigation: Auto-Full
- Trees/Vegetation: Landscaping: Full
- Zoning: RES
Financial Considerations
- Association Fee: $6,000
- Assoc Fee Freq.: Annually
- Tax Amount: $13,247
- Terms: Cash, Conventional, Exchange
Disclosures and Reports
- Property ID: 00-0021-1199
Listed by Christies International Real Estate VUE
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Listing agent
— 1200 W Lori Ln #C15 —
Christies International Real Estate VUE
435-649-0891
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1200 W Lori Ln #C15
School District:Wasatch School District
| Name | Grades | Distance |
|---|---|---|
J.R. Smith School 235 East 500 North, Heber City, UT 84032 | K-5 | 11.4 mi |
Rocky Mountain Middle School 800 School House Way, Heber City, UT 84032 | 6-8 | 12.5 mi |
Wasatch High School 930 500 East, Heber City, UT 84032 | 9-12 | 12.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1200 W Lori Ln #C15
Estimate the Cost
Estimate the Cost for 1200 W Lori Ln #C15
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1200 W Lori Ln #C15, Heber City, UT 84032 (MLS# 2162534) is a Condo property with 1 bedroom, 1 full bathroom and 2 partial bathrooms. 1200 W Lori Ln #C15 is currently listed for $1,900,000 and was received on June 03, 2026. Want to learn more about 1200 W Lori Ln #C15? Do you have questions about finding other Condo real estate for sale in Heber City? You can browse all Heber City real estate or contact a Coldwell Banker agent to request more information.