623 PATTERSON, Alpine, UT 84004
4BD/—BA Residential in Alpine, UT 84004. 3,255 sqft. Built 1956. Listed at $880,000. MLS #2165511.
4BD/—BA Residential in Alpine, UT 84004. 3,255 sqft. Built 1956. Listed at $880,000. MLS #2165511.
Perched on the hillside in Alpine, this stunning residence captures the essence of mountain living with breathtaking views, timeless character, and thoughtfully curated design throughout. Alpine is renowned for its scenic mountain setting and spectacular vistas, making it one of Utah County's most sought-after communities. Completely renovated in 2023, this 3,255-square-foot home brings warmth and personality. Every space has been intentionally designed with high end finishes, unique details, and an unmistakable sense of style. The main level welcomes you with a beautiful living room, cozy family room, and a stylish office perfect for work or creativity. The primary suite is a peaceful retreat, while the charming powder bath features hand-painted floors that add a distinctive designer touch. A conveniently located laundry room completes the main floor. The lower level is designed for both relaxation and fun. Gather in the spacious family room and play area, stay active in the dedicated exercise room, or enjoy movie nights in the adorable theater room that is sure to become everyone's favorite destination. Two additional bedrooms and a full bathroom provide comfortable accommodations for family and guests. Step outside to an extended outdoor living space designed for entertaining and everyday enjoyment. The covered patio and manicured lawn create the perfect backdrop for gatherings, while the surrounding mountain views provide a breathtaking setting in every season. A rare combination of elevated design, unforgettable views, and functional living spaces, this Alpine gem is as beautiful as it is welcoming.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
3
County
Utah
Zoning
Single-Family
Construction
Brick,Stucco
Lot Size
0.28 sq ft
Above Grade Area
1,905 sq ft
Condition
Blt./Standing
MLS #
2165511
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
3
County
Utah
Zoning
Single-Family
Construction
Brick,Stucco
Lot Size
0.28 sq ft
Above Grade Area
1,905 sq ft
Condition
Blt./Standing
MLS #
2165511
List Price
$880,000
Annual Taxes
$2,716
Home Warranty
No
List Price
$880,000
Annual Taxes
$2,716
Home Warranty
No
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Full
Materials
Brick,Stucco
Appliances
Dryer,Microwave,Refrigerator,Washer,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary,Irrigation: Pressure
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Full
Materials
Brick,Stucco
Appliances
Dryer,Microwave,Refrigerator,Washer,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary,Irrigation: Pressure
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Garage Spaces
2
Covered Spaces
2
Total Parking
5
Garage Spaces
2
Covered Spaces
2
Total Parking
5
Why this is a deal
Classification
Standard
Deal Score
65/100
vs Similar Homes
7% below
vs Market Median
9% above
Area Growth (YoY)
3.2%
Deal Score Breakdown
65/100 · 1 qualifying signal
Priced 7% below the median of similar listings
3.2% year-over-year ZHVI growth in this area
Priced 9% above the per-subtype city median
LT net cashflow -$2,784/mo (-47.6% return on ownership cost) · STR net cashflow -$2,660/mo (-45.5% 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
$3,478/mo
Range: $2,073 – $4,883
Net Monthly Cash Flow
−$2,784 /mo (−$33,406/yr)
Monthly rental income
Monthly ownership cost
Coverage
60%
Net /mo
−$2,784
DSCR
0.69
Est. Annual Revenue
$54,605/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$2,660 /mo (−$31,925/yr)
Monthly STR income
Monthly ownership cost
Coverage
78%
Net /mo
−$2,660
DSCR
0.72
$1,469,000
-40% vs median
110 days
49
$650,000 – $24,995,000
$2,716
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