2238 COTTONWOOD COVE, Cottonwood Heights, UT 84121
5BD/—BA Residential in Cottonwood Heights, UT 84121. 7,420 sqft. Built 1999. Listed at $3,750,000. MLS #2117501.
5BD/—BA Residential in Cottonwood Heights, UT 84121. 7,420 sqft. Built 1999. Listed at $3,750,000. MLS #2117501.
Tucked away behind a private gate at the end of Cottonwood Cove Lane, this exquisite 7,400 sq ft French Country estate offers unmatched privacy and timeless charm. Located in a gated community on a private road, this home sits on nearly 1.3 lush acres bordered by Little Cottonwood Creek and surrounded by 150 mature pine trees. Inside, enjoy stunning views from every window, vintage chandeliers, hand-leaded glass, and antique French doors that add warmth and authenticity. The elegant great room is filled with natural light, creating a seamless connection to the outdoors. Property includes a 3-bed, 2-bath guest cottage, saltwater pool, and a detached 30'x40' garage. A truly secluded and breathtaking retreat blending old-world craftsmanship with modern luxury. Piano, Pool Table and Furniture are negotiable. Square footage figures are provided as a courtesy estimate only and were obtained from County Records . Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
IVY GREEN LANE
County
Salt Lake
Zoning
Single-Family
Construction
Cedar,Stone,Stucco
Lot Size
1.29 sq ft
Above Grade Area
5,045 sq ft
Condition
Blt./Standing
MLS #
2117501
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
IVY GREEN LANE
County
Salt Lake
Zoning
Single-Family
Construction
Cedar,Stone,Stucco
Lot Size
1.29 sq ft
Above Grade Area
5,045 sq ft
Condition
Blt./Standing
MLS #
2117501
List Price
$3,750,000
Original Price
$4,890,000
HOA Fees
$25 / Monthly
Annual Taxes
$13,176
Home Warranty
Yes
List Price
$3,750,000
Original Price
$4,890,000
HOA Fees
$25 / Monthly
Annual Taxes
$13,176
Home Warranty
Yes
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile,Travertine
Basement
Daylight,Entrance,Full,Walk-Out Access
Materials
Cedar,Stone,Stucco
Appliances
Ceiling Fan,Trash Compactor,Portable Dishwasher,Dryer,Freezer,Gas Grill/BBQ,Microwave,Refrigerator,Satellite Equipment,Satellite Dish,Washer,Water Softener Owned
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary,Irrigation
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile,Travertine
Basement
Daylight,Entrance,Full,Walk-Out Access
Materials
Cedar,Stone,Stucco
Appliances
Ceiling Fan,Trash Compactor,Portable Dishwasher,Dryer,Freezer,Gas Grill/BBQ,Microwave,Refrigerator,Satellite Equipment,Satellite Dish,Washer,Water Softener Owned
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary,Irrigation
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Garage Spaces
6
Covered Spaces
6
Total Parking
18
Garage Spaces
6
Covered Spaces
6
Total Parking
18
Why this is a deal
Classification
Standard
Deal Score
100/100
vs Similar Homes
156% above
vs Market Median
96% above
Price Reduced
23.3%
Area Growth (YoY)
1.3%
Deal Score Breakdown
100/100 · 1 qualifying signal
23% price reduction from original list — seller may be motivated
1.3% year-over-year ZHVI growth in this area
Priced 156% above the median of similar listings
Priced 96% above the per-subtype city median
LT net cashflow -$15,382/mo (-61.3% return on ownership cost) · STR net cashflow -$21,156/mo (-84.3% 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
$11,048/mo
Range: $8,067 – $14,029
Net Monthly Cash Flow
−$15,383 /mo (−$184,593/yr)
Monthly rental income
Monthly ownership cost
Coverage
44%
Net /mo
−$15,382
DSCR
0.51
Est. Annual Revenue
$67,701/yr
$364/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$21,155 /mo (−$253,860/yr)
Monthly STR income
Monthly ownership cost
Coverage
23%
Net /mo
−$21,156
DSCR
0.21
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$784,900
+378% vs median
60 days
63
$259,900 – $7,999,999
$13,176
$25/monthly
Moderate
4.6
per 1,000
27.2
per 1,000
8.9
per 1,000
40.7
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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