1667 TOLLGATE CANYON, Coalville, UT 84017
5BD/—BA Residential in Coalville, UT 84017. 5,416 sqft. Built 2018. Listed at $4,475,000. MLS #2155563.
5BD/—BA Residential in Coalville, UT 84017. 5,416 sqft. Built 2018. Listed at $4,475,000. MLS #2155563.
Experience refined mountain living at Mountain Air, an exquisite 5-bedroom, 7-bath estate with a loft, office, and dedicated theater room spanning over 5,400 sq ft across two parcels totaling 7.77 acres. Located just 20 minutes from Park City's Main Street, the property offers year-round access and a newly paved private driveway with a gated entrance. Each bedroom is a private ensuite, designed for both comfort and privacy when hosting family and friends. The home was thoughtfully crafted with reclaimed materials, including 100-year-old structural trusses and hardwood floors sourced from a dismantled tobacco barn. The chef's kitchen features custom maple cabinetry, Viking and Thermador appliances, and opens to a spacious covered outdoor BBQ area with a wood-burning fireplace. Additional features include an oversized garage, elevator, media room, multi-zoned smart HVAC system, and tree-lined trails that lead to your own private hilltop with panoramic views of the Uinta Mountains. Recent 2025 upgrades include a fully paved driveway, private gate, engineered retaining walls and drainage system, upgraded heat tape, a wildlife/retention pond, and prep work for a future detached garage. The second lot is fully improved with power, water, and a ready-to-build homesite, offering flexibility and long-term value.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Tri/Multi-Level
Stories
3
Subdivision
PINE MEADOW RANCH
County
Summit
Zoning
Short Term Rental Allowed
Construction
Stone,Other
Lot Size
7.77 sq ft
Above Grade Area
3,769 sq ft
Condition
Blt./Standing
MLS #
2155563
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Tri/Multi-Level
Stories
3
Subdivision
PINE MEADOW RANCH
County
Summit
Zoning
Short Term Rental Allowed
Construction
Stone,Other
Lot Size
7.77 sq ft
Above Grade Area
3,769 sq ft
Condition
Blt./Standing
MLS #
2155563
List Price
$4,475,000
HOA Fees
$800 / Annually
Annual Taxes
$5,960
Home Warranty
No
List Price
$4,475,000
HOA Fees
$800 / Annually
Annual Taxes
$5,960
Home Warranty
No
Heating
Forced Air,Gas: Stove,Wood,Radiant Floor
Cooling
Central Air
Roof
Asphalt,Metal
Flooring
Carpet,Hardwood,Stone,Tile
Basement
Walk-Out Access
Materials
Stone,Other
Patio & Porch
Covered,Porch: Open,Patio: Open
Water Source
Private
Sewer
Septic Tank
View
Mountain(s)
Heating
Forced Air,Gas: Stove,Wood,Radiant Floor
Cooling
Central Air
Roof
Asphalt,Metal
Flooring
Carpet,Hardwood,Stone,Tile
Basement
Walk-Out Access
Materials
Stone,Other
Patio & Porch
Covered,Porch: Open,Patio: Open
Water Source
Private
Sewer
Septic Tank
View
Mountain(s)
Garage Spaces
4
Covered Spaces
4
Total Parking
4
Garage Spaces
4
Covered Spaces
4
Total Parking
4
Classification
Standard
Deal Score
30/100
vs Similar Homes
234% above
vs Market Median
5% above
Area Growth (YoY)
-1.9%
Deal Score Breakdown
30/100
Priced 5% above the per-subtype city median
Priced 234% above the median of similar listings
-1.9% year-over-year ZHVI growth in this area
LT net cashflow -$18,132/mo (-62.5% return on ownership cost) · STR net cashflow -$27,416/mo (-94.6% 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.
Monthly Rent
$12,343/mo
Range: $6,677 – $18,008
Net Monthly Cash Flow
−$18,131 /mo (−$217,578/yr)
Monthly rental income
Monthly ownership cost
Coverage
43%
Net /mo
−$18,132
DSCR
0.48
Est. Annual Revenue
$27,048/yr
$180/night · 44% occupancy · $128/bedroom · $0.17/sqft
Net Monthly Cash Flow
−$27,415 /mo (−$328,986/yr)
Monthly STR income
Monthly ownership cost
Coverage
8%
Net /mo
−$27,416
DSCR
0.07
Best Download
280 Mbps
Best Upload
30 Mbps
Fiber Available
No
Providers
7
Available Providers
$547,000
+718% vs median
120 days
40
$300,000 – $4,475,000
$5,960
$800/annually
Select agents you’d like to hear from. They’ll be notified of your interest — your contact details stay private until you choose to respond.

Daryn Edmunds - High Road Properties

Salt Lake City Real Estate Broker Focused on Pricing, Positioning, and Results

Devin Tanner - Utah Realtor
Your inquiry goes to the listing agent.
Fast Response
Typically within 2 hours during business hours
Built with AI to help you find your perfect home
Powered by AI • Secured by Supabase • Trusted by Agents