Why 304 Upper Norfolk Is a Standout Investment in Old Town, Park City

Old Town, Park City is legendary for its blend of historic charm, unbeatable ski access, and year-round appeal. But when it comes to real estate investment, few addresses capture the spirit—and the potential—quite like 304 Upper Norfolk Avenue.

Location, Location, Location!

Nestled in the heart of Old Town, this property puts you steps from the slopes and a short stroll to Main Street’s restaurants, art galleries, and vibrant nightlife. For vacation renters and second-home owners, that walkability and ski-in/ski-out convenience is pure gold. In fact, properties in this pocket of Park City consistently outperform the broader market in both rental rates and appreciation.

What Makes 304 Upper Norfolk Special?

• Spacious Layout: With 2,541 square feet, 4 bedrooms, and 2 bathrooms, this condo offers plenty of room for families, groups, or multiple couples—a huge draw for vacation rentals.
• Classic Mountain Style: Built in 1980 but thoughtfully updated, it blends cozy alpine vibes with modern comforts. Imagine gathering around the fireplace after a day on the slopes, or sipping coffee on a deck with mountain views—these experiences are exactly what guests crave.
• Investment Potential: Old Town properties see some of the highest occupancy rates and nightly rents in Park City. With the ongoing popularity of short-term rentals, a home like this can generate robust income, especially during ski season and summer festivals.
• Low Inventory, High Demand: There are rarely more than a handful of similar properties available at any time. This scarcity drives value, making it a smart hold for both appreciation and cash flow.

How Does It Compare to the Average Market?

While the median U.S. home price hovers around $400,000, Old Town’s median is often well over $2 million. But buyers here aren’t just purchasing a home—they’re securing a slice of a world-renowned resort town, with all the prestige and rental demand that comes with it. Sellers benefit from faster sales and higher offers, while buyers gain access to one of the most resilient and rewarding markets in the country.

The Bottom Line

304 Upper Norfolk isn’t just another mountain property—it’s a key to the Park City lifestyle and a proven performer for investors. Whether you’re seeking a personal getaway or a high-earning rental, this address is a rare find in a market where rarity equals value.

Ready to see what makes this property so special? View this property: https://parkcityelevatedproperties.com/listing-detail/1166238094/304_Upper_Norfolk_AVE_Avenue-Park_City-UT