1263 CHAPMAN, Alpine, UT 84004
9BD/—BA Residential in Alpine, UT 84004. 13,354 sqft. Built 2010. Listed at $4,850,000. MLS #2149315.
9BD/—BA Residential in Alpine, UT 84004. 13,354 sqft. Built 2010. Listed at $4,850,000. MLS #2149315.
A $1,000,000 price adjustment now positions this residence as one of the most compelling offerings in Alpine, Utah. This immediately changes how it should be compared within the market. Buyers are drawn to Alpine for space, views, privacy, indoor-outdoor living, and features that support their lifestyle. More often than not, those elements come with compromise. This residence brings those elements together. What makes this location truly stand apart is its ability to offer both complete seclusion and immediate convenience, something that's increasingly rare within Alpine itself. Tucked into a quiet pocket with no through traffic, yet just minutes from grocery stores, dining, schools, and daily amenities, it eliminates the longer drive times often associated with more remote areas. Combined with quick access to American Fork Canyon and the broader Wasatch Front, it's a level of balance that's difficult to replicate. Spanning over 13,000 square feet on nearly an acre, with nine bedrooms and expansive living areas, the home provides the scale to live comfortably, host effortlessly, and grow into over time. It's the kind of property that naturally becomes the place where friends and family gather. At its center, the main kitchen opens fully to the outdoors through a retractable glass wall, connecting to a backyard designed for both entertaining and everyday use, with a pool, lazy river, and oversized spa. A 13-car garage built for lift system and an oil pit offers a level of capability rarely found, designed not for storage, but for how owners actually live. As demand for Alpine continues to grow, properties that combine features, privacy, and access like this are becoming increasingly limited. Homes that align on this many levels are difficult to replace. The property was staged for photography, with select images virtually staged. The home is currently vacant and easy to show.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
4
Subdivision
EAST MOUNTAIN ESTATES
County
Utah
Zoning
Single-Family
Construction
Brick,Cement Siding
Lot Size
0.92 sq ft
Above Grade Area
7,954 sq ft
Condition
Blt./Standing
MLS #
2149315
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
4
Subdivision
EAST MOUNTAIN ESTATES
County
Utah
Zoning
Single-Family
Construction
Brick,Cement Siding
Lot Size
0.92 sq ft
Above Grade Area
7,954 sq ft
Condition
Blt./Standing
MLS #
2149315
List Price
$4,850,000
Annual Taxes
$12,035
Home Warranty
No
List Price
$4,850,000
Annual Taxes
$12,035
Home Warranty
No
Heating
Forced Air,Geothermal
Cooling
Central Air,Geothermal
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile,Slate
Basement
Full,Walk-Out Access
Materials
Brick,Cement Siding
Patio & Porch
Covered,Porch: Open,Patio: Open
Water Source
Culinary,Secondary
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Forced Air,Geothermal
Cooling
Central Air,Geothermal
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile,Slate
Basement
Full,Walk-Out Access
Materials
Brick,Cement Siding
Patio & Porch
Covered,Porch: Open,Patio: Open
Water Source
Culinary,Secondary
Sewer
Sewer: Connected
View
Mountain(s)
Garage Spaces
13
Covered Spaces
13
Total Parking
13
Garage Spaces
13
Covered Spaces
13
Total Parking
13
Why this is a deal
Classification
Standard
Deal Score
62/100
vs Similar Homes
150% above
vs Market Median
44% above
Area Growth (YoY)
5.8%
Deal Score Breakdown
62/100 · 1 qualifying signal
5.8% year-over-year ZHVI growth in this area
Priced 150% above the median of similar listings
Priced 44% above the per-subtype city median
LT net cashflow -$13,522/mo (-42.7% return on ownership cost) · STR net cashflow -$25,793/mo (-81.5% 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
$20,586/mo
Range: $14,466 – $26,706
Net Monthly Cash Flow
−$13,522 /mo (−$162,260/yr)
Monthly rental income
Monthly ownership cost
Coverage
65%
Net /mo
−$13,522
DSCR
0.75
Est. Annual Revenue
$100,188/yr
$364/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$25,793 /mo (−$309,512/yr)
Monthly STR income
Monthly ownership cost
Coverage
26%
Net /mo
−$25,793
DSCR
0.24
$1,469,000
+230% vs median
175 days
42
$686,000 – $24,995,000
$12,035
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