1268 ELK RIDGE, Alpine, UT 84004
6BD/—BA Residential in Alpine, UT 84004. 9,537 sqft. Built 2026. Listed at $4,999,000. MLS #2172449.
6BD/—BA Residential in Alpine, UT 84004. 9,537 sqft. Built 2026. Listed at $4,999,000. MLS #2172449.
Step into the warmth and charm of this expertly crafted modern English cottage built by esteemed UV Parade of Homes Award Winning Builder, Grove Homes. Every ornate detail of this incredible home was perfected by award-winning designers Alex Adamson for the interior and Emily Brooks Wayment for landscaping. The interior will impress with custom millwork and cabinetry, expertly curated fixtures, and intentionally designed living spaces. The open entryway flows into an intentionally cozy living room with wall-to-wall French doors that lead to a brick-clad porch with outdoor fireplace. The main level also features a sun-drenched eat-in kitchen as well as a formal dining space and study. The kitchen is a home chef's haven with a Wolf range, Subzero refrigeration, dual Cove dishwashers, and walk-in pantry. The owner's wing on the main level features two closets that are large enough to be additional bedrooms, a steam shower and beautiful soaking tub. The second level will lead to three en-suites with walk-in closets, and a large playroom. The basement has 12ft ceilings throughout and serves as the ultimate fun zone: recreation area with bar, open style theatre room, workout room with built-in dry sauna, and a large playroom or golf similar room. Two additional oversized bedrooms with en-suite bathrooms finish out the space. The space above the garage serves as a large finished flex space for playroom, office or craft area. Full landscaping included in price. Estimated Completion October 2026.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
ELKRIDGE LUXURY ESTATES
County
Utah
Zoning
Single-Family
Construction
Stone,Cement Siding
Lot Size
0.78 sq ft
Above Grade Area
5,609 sq ft
MLS #
2172449
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
ELKRIDGE LUXURY ESTATES
County
Utah
Zoning
Single-Family
Construction
Stone,Cement Siding
Lot Size
0.78 sq ft
Above Grade Area
5,609 sq ft
MLS #
2172449
List Price
$4,999,000
Home Warranty
No
List Price
$4,999,000
Home Warranty
No
Heating
Forced Air,Gas: Central,Radiant Floor
Cooling
Central Air,Seer 16 or higher
Roof
Metal,Wood
Flooring
Carpet,Hardwood,Marble
Basement
Full
Materials
Stone,Cement Siding
Appliances
Dryer,Microwave,Range Hood,Refrigerator,Washer,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary,Irrigation: Pressure
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Forced Air,Gas: Central,Radiant Floor
Cooling
Central Air,Seer 16 or higher
Roof
Metal,Wood
Flooring
Carpet,Hardwood,Marble
Basement
Full
Materials
Stone,Cement Siding
Appliances
Dryer,Microwave,Range Hood,Refrigerator,Washer,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary,Irrigation: Pressure
Sewer
Sewer: Connected
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
30% above
vs Market Median
10% above
Area Growth (YoY)
3.2%
Deal Score Breakdown
45/100
3.2% year-over-year ZHVI growth in this area
Priced 30% above the median of similar listings
Priced 10% above the per-subtype city median
LT net cashflow -$21,184/mo (-65.9% return on ownership cost) · STR net cashflow -$27,925/mo (-86.8% 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
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
$12,465/mo
Range: $7,551 – $17,380
Net Monthly Cash Flow
−$21,185 /mo (−$254,217/yr)
Monthly rental income
Monthly ownership cost
Coverage
39%
Net /mo
−$21,184
DSCR
0.43
Est. Annual Revenue
$72,485/yr
$355/night · 41% occupancy · $124/bedroom · $0.37/sqft
Net Monthly Cash Flow
−$27,925 /mo (−$335,104/yr)
Monthly STR income
Monthly ownership cost
Coverage
19%
Net /mo
−$27,925
DSCR
0.17
Best Download
2 Gbps
Best Upload
2 Gbps
Fiber Available
Yes
Providers
9
Available Providers
$1,485,000
+237% vs median
91 days
49
$799,000 – $24,995,000
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Daryn Edmunds - High Road Properties

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Devin Tanner - Utah Realtor
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