Lower Price, Lower Paymenta"Ask About Seller-Paid Rate Buydown Options.Welcome to Cottonwood Canyon, one of the Wasatch Backa(tm)s best-kept secrets, where privacy, open space, and mountain living come together just minutes from Park City. Set on 2 acres and backing directly to 80 acres of permanently protected open space, this exceptional 2024 custom estate offers more than 6,200 square feet of thoughtfully designed living space, panoramic mountain and valley views, and outstanding flexibility.The spacious rambler features 6 bedrooms, 7 bathrooms, multiple gathering areas, dedicated office space, and a fully finished walkout lower level. Expansive windows fill the home with natural light, while the open-concept design centers around a beautifully appointed chefa(tm)s kitchen with premium finishes, generous workspace, and an oversized walk-in pantry. The luxurious primary suite includes a spa-inspired bath with a separate soaking tub and shower.A standout feature is the brand-new 1,780-square-foot accessory dwelling unit with a private entrance, full kitchen, oversized pantry, dedicated laundry, 2 bedrooms, and 2 bathroomsa"ideal for multigenerational living, guests, or long- or short-term rental income.Enjoy peaceful outdoor living and abundant afternoon shade from the covered deck and patio, with rolling hills, wildlife, and breathtaking sunsets just beyond the backyard. The property is also well suited for horses, with ample room for pasture and outbuildings.A full share of Hoytsville Irrigation Company secondary water and an owned culinary well water right are included, providing exceptional flexibility for landscaping, equestrian use, hobby farming, and future additions.Combining luxury, privacy, protected open space, valuable water rights, and income potential, this rare Cottonwood Canyon estate offers a mountain lifestyle increasingly difficult to find so close to Park City.