1449 ANNIE, Alpine, UT 84004
7BD/—BA Residential in Alpine, UT 84004. 8,942 sqft. Built 2025. Listed at $4,999,000. MLS #2090813.
7BD/—BA Residential in Alpine, UT 84004. 8,942 sqft. Built 2025. Listed at $4,999,000. MLS #2090813.
Introducing Palmetto Grove, an exquisitely designed home set in one of the most exclusive neighborhoods in Alpine. This home has been awarded the coveted Judges' Choice Award in the prestigious UV Parade of Homes. The Ridge consists of estate lots that are nestled up against the Wasatch Range with breathtaking views of Lone Peak and Box Elder. Palmetto Grove is a rare classical home, thoughtfully designed by renowned architect C Brandon Ingram and built by Grove Homes. Every detail has been meticulously planned by award-winning designers Alex Adamson for the interior and Emily Brooks Wayment for landscaping. This corner cul-de-sac homesite backs up to the neighborhood park, giving an open feel to a private outdoor living space that will feature a covered patio and gunite pool and spa. The interior will impress with bespoke woodwork and cabinetry, expertly curated fixtures, and intentionally designed living spaces. The wide entryway gives way to an entertainer's great room with three sets of French doors leading to the covered bluestone deck. The large kitchen is a home chef's haven with a La Cornue range, Subzero refrigeration, Cove dishwashers, and walk-through scullery with supplemental Wolf oven and pebble ice maker. An expansive dining room, laundry studio, private study, and primary suite round out the main level. The bonus room above the garage is the perfect spot for a playroom, gaming center, hobby room, or secondary study. The second level leads to three spacious en-suites with walk-in closets and a centrally located study area. Ten foot basement ceilings expand the below-grade space, which feature a glass door gym, three-tier theatre room, recreation area, three additional bedrooms with adjoining bathrooms, and vast storage areas. Full landscaping includes an in-ground pool and spa by California Pools, raised garden beds and full trees lining the property. Do not miss out on the opportunity to call this one-of-a-kind home your own.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
RIDGE
County
Utah
Zoning
Single-Family
Construction
Cedar,Stone
Lot Size
0.47 sq ft
Above Grade Area
4,546 sq ft
Condition
Blt./Standing
MLS #
2090813
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
RIDGE
County
Utah
Zoning
Single-Family
Construction
Cedar,Stone
Lot Size
0.47 sq ft
Above Grade Area
4,546 sq ft
Condition
Blt./Standing
MLS #
2090813
List Price
$4,999,000
HOA Fees
$17 / Monthly
Home Warranty
Yes
List Price
$4,999,000
HOA Fees
$17 / Monthly
Home Warranty
Yes
Heating
Forced Air,Gas: Central,>= 95% efficiency
Cooling
Central Air,Seer 16 or higher
Roof
Wood
Flooring
Carpet,Hardwood,Marble
Basement
Full
Materials
Cedar,Stone
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary,Irrigation: Pressure
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Gas: Central,>= 95% efficiency
Cooling
Central Air,Seer 16 or higher
Roof
Wood
Flooring
Carpet,Hardwood,Marble
Basement
Full
Materials
Cedar,Stone
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary,Irrigation: Pressure
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Garage Spaces
3
Covered Spaces
3
Total Parking
3
Garage Spaces
3
Covered Spaces
3
Total Parking
3
Classification
Standard
Deal Score
45/100
vs Similar Homes
56% above
vs Market Median
2% above
Area Growth (YoY)
3.7%
Deal Score Breakdown
45/100
3.7% year-over-year ZHVI growth in this area
Priced 2% above the per-subtype city median
Priced 56% above the median of similar listings
LT net cashflow -$20,295/mo (-63.4% return on ownership cost) · STR net cashflow -$27,208/mo (-85.1% 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
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.
Why this classification
Monthly Rent
$13,286/mo
Range: $9,336 – $17,236
Net Monthly Cash Flow
−$20,294 /mo (−$243,532/yr)
Monthly rental income
Monthly ownership cost
Coverage
42%
Net /mo
−$20,295
DSCR
0.46
Est. Annual Revenue
$81,914/yr
$364/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$27,208 /mo (−$326,498/yr)
Monthly STR income
Monthly ownership cost
Coverage
21%
Net /mo
−$27,208
DSCR
0.19
Best Download
2 Gbps
Best Upload
1 Gbps
Fiber Available
Yes
Providers
10
Available Providers
$1,469,000
+240% vs median
164 days
42
$686,000 – $24,995,000
$17/monthly
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