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Stanford was unlucky on the third playoff hole as her tee shot found the rough and settled into a depression.
"By far the worst lie I had all week," she said.
She used a four-wood to get out but didn't hit it clean, with the ball landing in a fairway bunker. Stanford did well to get it to the back fringe but with Park already laying two, Stanford needed to chip in to force play to continue.
When her ball settled a few feet from the hole, Park had the opportunity to go up and down for the victory and she took advantage.
"I did everything I could, it just wasn't enough," Stanford said.
Park earned $195,000 for the win. Stanford picked up $120,353 of the $1.3-million tournament purse with the runner-up finish.
Scores were low for all four rounds as players took advantage of wide fairways and greens that remained moist after heavy rain earlier in the week.
South Korea's Meena Lee (66) was fourth at 20 under and Karine Icher of France (63) was another shot back in fifth place. American Michelle Wie closed with a 66 to finish tied for 16th place but was still 11 strokes off the pace.
"It's pretty crazy that you shoot 15 under and you're not in the top 10, you know," Wie said. "It's a birdie-fest out there."
|Cleveland - LP: T. Bauer||1||FINAL|
|Minnesota - WP: A. Swarzak||3|
|Cincinnati - LP: M. Leake||1||FINAL|
|Milwaukee - WP: K. Lohse||5|
|Kansas City - WP: W. Davis||2||FINAL|
|Chicago WSox - LP: Z. Putnam||1|
|Washington - LP: S. Strasburg||4||FINAL|
|Colorado - WP: J. De La Rosa||6|
|NY Mets - WP: B. Colon||3||FINAL|
|Seattle - LP: T. Walker||2|
|Detroit - WP: A. Sanchez||11||FINAL|
|Arizona - LP: T. Cahill||5|
|Los Angeles - LP: D. Haren||1||FINAL|
|Pittsburgh - WP: F. Liriano||6|
|San Francisco - WP: M. Bumgarner||3||FINAL|
|Philadelphia - LP: J. Papelbon||1|
|Texas - LP: Y. Darvish||1||FINAL|
|NY Yankees - WP: D. Phelps||2|
|Boston - LP: C. Buchholz||4||FINAL|
|Toronto - WP: R. Dickey||6|
|Miami - LP: N. Eovaldi||1||FINAL|
|Atlanta - WP: E. Santana||6|
|Tampa Bay - WP: A. Cobb||3||FINAL|
|St. Louis - LP: L. Lynn||0|
|San Diego - WP: I. Kennedy||8||FINAL|
|Chicago Cubs - LP: T. Wada||3|
|Houston - LP: B. Peacock||7||FINAL|
|Oakland - WP: J. Chavez||9|
|Baltimore - LP: T. Hunter||2||FINAL|
|LA Angels - WP: J. Weaver||3|
|Calgary||7/24/14 8:00 PM|
|Winnipeg||7/25/14 9:00 PM|
|Ottawa||7/26/14 6:00 PM|
|Toronto||7/26/14 9:00 PM|
|Winnipeg||7/31/14 6:00 PM|
|Toronto||8/1/14 6:00 PM|
|Brt Columbia||8/1/14 9:00 PM|
|Saskatchewan||8/2/14 6:00 PM|