550 BLACKHAWK, Alpine, UT 84004
7BD/—BA Residential in Alpine, UT 84004. 6,943 sqft. Built 2006. Listed at $1,595,000. MLS #2154134.
7BD/—BA Residential in Alpine, UT 84004. 6,943 sqft. Built 2006. Listed at $1,595,000. MLS #2154134.
Just Reduced In Price - Exceptional Value in One of Alpine's Most Desirable Neighborhoods. Located in a quiet, established neighborhood just a 2 minute walk from from Creekside Park and a 2 minute walk from the Alpine Elementary school, this beautifully maintained Alpine home offers the rare combination of location, space, and lifestyle that buyers are searching for. From the moment you enter, you'll be captivated by the soaring vaulted ceilings, expansive windows, and open-concept living spaces that fill the home with natural light and create an impressive sense of scale. The main living area is designed for both everyday comfort and entertaining, featuring dramatic ceiling heights, a gas fireplace, and seamless flow between the kitchen, dining, and family rooms. The spacious kitchen serves as the heart of the home with a large granite island, double ovens, gas cooktop, abundant cabinetry with pullout storage, and a dining area perfectly positioned to capture beautiful mountain views. Whether hosting family gatherings or enjoying a quiet evening at home, the layout offers the flexibility and openness today's buyers desire. The main-level primary suite provides convenience and privacy with vaulted ceilings, heated tile floors, a soaking tub, European glass shower, dual vanities, and a walk-in closet. A dedicated office with French doors and custom built-ins offers the ideal work-from-home space. Upstairs features three generously sized bedrooms and a versatile loft area that can function as a second family room, study space, or den. The fully renovated bathroom includes heated floors, dual sinks, and quality finishes throughout. The walkout basement expands the home's functionality with a large recreation and gathering area, second gas fireplace, three additional bedrooms, a full bathroom, separate laundry hookups, extensive storage, and unfinished space beneath the garage that offers future possibilities for a workshop, home gym, hobby space, or potential mother-in-law apartment setup. Outside, enjoy a fully fenced backyard complete with a large entertaining deck, patio, mature landscaping, and fruit trees including cherry and peach. The finished three-car garage with epoxy floors and central vacuum system adds even more convenience. Properties offering this combination of location, neighborhood, soaring ceilings, open living spaces, mountain views, and overall square footage are becoming increasingly difficult to find in Alpine-especially at this newly improved price. Don't miss this opportunity to own a remarkable home in one of Utah County's most sought-after communities. *All information provided as a courtesy only and is not guaranteed. Buyer and Buyer's Agent are advised to independently verify all information, including square footage.*
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
DRY CREEK ORCHARDS
County
Utah
Zoning
Single-Family
Construction
Brick,Stone,Stucco
Lot Size
0.36 sq ft
Above Grade Area
3,702 sq ft
Condition
Blt./Standing
MLS #
2154134
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
DRY CREEK ORCHARDS
County
Utah
Zoning
Single-Family
Construction
Brick,Stone,Stucco
Lot Size
0.36 sq ft
Above Grade Area
3,702 sq ft
Condition
Blt./Standing
MLS #
2154134
List Price
$1,595,000
Original Price
$1,780,000
Annual Taxes
$6,197
Home Warranty
No
List Price
$1,595,000
Original Price
$1,780,000
Annual Taxes
$6,197
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Daylight,Entrance,Walk-Out Access
Materials
Brick,Stone,Stucco
Laundry
Electric Dryer Hookup
Patio & Porch
Covered,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Daylight,Entrance,Walk-Out Access
Materials
Brick,Stone,Stucco
Laundry
Electric Dryer Hookup
Patio & Porch
Covered,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Garage Spaces
3
Covered Spaces
3
Total Parking
11
Garage Spaces
3
Covered Spaces
3
Total Parking
11
Why this is a deal
Classification
Exceptional DealDeal Score
100/100
vs Similar Homes
20% below
vs Market Median
14% below
Price Reduced
10.4%
Area Growth (YoY)
3.1%
Deal Score Breakdown
100/100 · 3 qualifying signals
Priced 20% below the median of similar listings
10% price reduction from original list — seller may be motivated
Priced 14% below the per-subtype city median
3.1% year-over-year ZHVI growth in this area
LT net cashflow -$2,376/mo (-22.2% return on ownership cost) · STR net cashflow -$6,395/mo (-59.8% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
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
$9,459/mo
Range: $5,639 – $13,279
Net Monthly Cash Flow
−$2,376 /mo (−$28,511/yr)
Monthly rental income
Monthly ownership cost
Coverage
88%
Net /mo
−$2,376
DSCR
1.03
Est. Annual Revenue
$73,790/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$6,395 /mo (−$76,737/yr)
Monthly STR income
Monthly ownership cost
Coverage
58%
Net /mo
−$6,395
DSCR
0.53
Best Download
2 Gbps
Best Upload
1 Gbps
Fiber Available
No
Providers
10
Available Providers
$1,469,000
+9% vs median
110 days
49
$650,000 – $24,995,000
$6,197
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