420 LOTUS, Fish Haven, ID 83287
7BD/—BA Residential in Fish Haven, ID 83287. 6,037 sqft. Built 2025. Listed at $2,043,000. MLS #2173864.
7BD/—BA Residential in Fish Haven, ID 83287. 6,037 sqft. Built 2025. Listed at $2,043,000. MLS #2173864.
Exceptional new home under construction in the prestigious gated community of The Reserve at Bear Lake, offering luxury living, incredible views, and outstanding rental potential. This thoughtfully designed home features 4,809 square feet of finished living space on the main and lower levels, plus an additional 1,228-square-foot unfinished bonus area above the garage. The bonus space is designed for two large bunk rooms, three bathrooms, and a laundry room, with the option to have it finished for an additional cost. The main level showcases an open-concept great room, dining area, and gourmet kitchen, ideal for entertaining. The kitchen is equipped with two refrigerators, a six-burner range, dishwasher, and a spacious walk-in pantry with its own sink. The luxurious main-floor primary suite includes a soaking tub, separate walk-in shower, and private bath. Also on the main level are a guest bathroom, mudroom with laundry, and a tankless water heater. Expansive windows capture beautiful views of Bear Lake, while the impressive 1,506-square-foot covered deck provides exceptional outdoor living space. The lower level is designed for entertaining and hosting guests with a large game room, two bedrooms, both en-suite, and an oversized bunk room with its own en-suite bathroom featuring two showers. A second laundry room, massive cold storage area, and a 654-square-foot covered patio add convenience and functionality. The oversized 1,348-square-foot 4-car garage and extensive paved parking provide ample space for vehicles, boats, and recreational toys. Located in one of Bear Lake's premier resort communities, The Reserve offers paved roads and exceptional amenities, including a beautiful clubhouse with a fitness room, two heated seasonal pools, a year-round hot tub, sports court, poolside pavilion, playground, and private gated beach access to Bear Lake. Residents also enjoy direct access to Fish Haven Canyon for ATV/UTV riding, snowmobiling, snowshoeing, hiking, and mountain biking. Bear Lake State Park Marina is just 10 minutes away, Beaver Mountain Ski Resort is only 25 minutes away, and short-term rentals are allowed, making this an outstanding opportunity for a luxury mountain retreat or investment property.
Property Type
Residential
Property Style
Single Family Residence
Stories
3
Subdivision
RESERVE PH 6 LOT 150
County
Bear Lake
Zoning
Single-Family, Short Term Rental Allowed
Construction
Asphalt,Stone,Cement Siding
Lot Size
0.95 sq ft
Above Grade Area
3,629 sq ft
MLS #
2173864
Property Type
Residential
Property Style
Single Family Residence
Stories
3
Subdivision
RESERVE PH 6 LOT 150
County
Bear Lake
Zoning
Single-Family, Short Term Rental Allowed
Construction
Asphalt,Stone,Cement Siding
Lot Size
0.95 sq ft
Above Grade Area
3,629 sq ft
MLS #
2173864
List Price
$2,043,000
HOA Fees
$1,500 / Annually
Annual Taxes
$775
Home Warranty
No
List Price
$2,043,000
HOA Fees
$1,500 / Annually
Annual Taxes
$775
Home Warranty
No
Heating
Forced Air,Propane
Cooling
Central Air,Natural Ventilation
Roof
Asphalt
Flooring
Carpet
Basement
Full,Walk-Out Access
Materials
Asphalt,Stone,Cement Siding
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary,Private
Sewer
Sewer: Connected
View
Lake,Mountain(s)
Heating
Forced Air,Propane
Cooling
Central Air,Natural Ventilation
Roof
Asphalt
Flooring
Carpet
Basement
Full,Walk-Out Access
Materials
Asphalt,Stone,Cement Siding
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary,Private
Sewer
Sewer: Connected
View
Lake,Mountain(s)
Garage Spaces
4
Covered Spaces
4
Total Parking
14
Garage Spaces
4
Covered Spaces
4
Total Parking
14
Classification
Standard
Deal Score
50/100
vs Similar Homes
3% below
vs Market Median
7% above
Deal Score Breakdown
50/100
Priced 3% below the median of similar listings
Priced 7% above the per-subtype city median
STR net cashflow -$10,103/mo (-75.8% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
No price reduction from original list
Area growth data unavailable
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Est. Annual Revenue
$55,326/yr
$252/night · 44% occupancy · $103/bedroom · $0.18/sqft
Net Monthly Cash Flow
−$10,103 /mo (−$121,233/yr)
Monthly STR income
Monthly ownership cost
Coverage
35%
Net /mo
−$10,103
DSCR
0.31
$630,000
+224% vs median
77 days
34
$419,000 – $5,500,000
$775
$1,500/annually
Select agents you’d like to hear from. They’ll be notified of your interest — your contact details stay private until you choose to respond.

Salt Lake City Real Estate Broker Focused on Pricing, Positioning, and Results

Devin Tanner - Utah Realtor

Daryn Edmunds - High Road Properties
Your inquiry goes to the listing agent.
Fast Response
Typically within 2 hours during business hours
Built with AI to help you find your perfect home
Powered by AI • Secured by Supabase • Trusted by Agents