3181 DEER, Cottonwood Heights, UT 84121
5BD/—BA Residential in Cottonwood Heights, UT 84121. 3,818 sqft. Built 1992. Listed at $949,000. MLS #2131099.
5BD/—BA Residential in Cottonwood Heights, UT 84121. 3,818 sqft. Built 1992. Listed at $949,000. MLS #2131099.
Sat, Jul 11, 1:00 PM - 3:00 PM
Mountain Views, Multi-Generational Living & Unmatched Access to Utah's World-Class Ski Resorts! Nestled at the end of a quiet cul-de-sac on the highly desirable east bench of Cottonwood Heights, this spacious 5-bedroom, 4-bath home offers breathtaking mountain views, exceptional flexibility, and one of the most convenient locations in the Salt Lake Valley. With approximately 3,818 square feet of living space, the home is filled with natural light, soaring ceilings, and inviting gathering spaces. The main level features hardwood floors, a large living and dining area, a dedicated office that can easily serve as a sixth bedroom, and a spacious kitchen with bar seating and a breakfast nook. Recent updates include a beautifully remodeled kitchen featuring brand-new cabinetry, quartz countertops, and stylish new light fixtures in both the kitchen and dining room. Upstairs, the primary suite showcases spectacular mountain views and includes a private ensuite bath with dual vanities, a separate shower, and a relaxing jetted tub. Two additional bedrooms and a full bath complete the upper level. The walkout lower level is a standout feature, offering a separate entrance, brand-new kitchen, two bedrooms, full bathroom, large family room, and infrared sauna, ideal for a mother-in-law apartment, multi-generational living, long-term guests, or potential rental income. Outdoor enthusiasts will love the location. Just minutes from Big Cottonwood Canyon and Little Cottonwood Canyon, you'll enjoy quick access to Snowbird, Alta, Brighton, and Solitude ski resorts, along with year-round hiking, biking, climbing, and outdoor recreation. Shopping, dining, and everyday conveniences are all nearby while maintaining the privacy and tranquility of a mountain-view neighborhood. Additional highlights include a three-car garage, dual furnaces with split-zone heating, abundant storage, and seller financing options. Experience the perfect combination of space, flexibility, mountain living, and easy access to some of Utah's most celebrated outdoor destinations. Seller financing is available!
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
HILLSBOROUGH
County
Salt Lake
Zoning
Single-Family
Construction
Stucco
Lot Size
0.23 sq ft
Above Grade Area
2,446 sq ft
Condition
Blt./Standing
MLS #
2131099
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
HILLSBOROUGH
County
Salt Lake
Zoning
Single-Family
Construction
Stucco
Lot Size
0.23 sq ft
Above Grade Area
2,446 sq ft
Condition
Blt./Standing
MLS #
2131099
List Price
$949,000
Annual Taxes
$3,964
Home Warranty
No
List Price
$949,000
Annual Taxes
$3,964
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Laminate
Basement
Entrance,Full,Walk-Out Access
Materials
Stucco
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Public
View
Mountain(s),Valley
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Laminate
Basement
Entrance,Full,Walk-Out Access
Materials
Stucco
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Public
View
Mountain(s),Valley
Garage Spaces
3
Covered Spaces
3
Total Parking
3
Garage Spaces
3
Covered Spaces
3
Total Parking
3
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
95/100
vs Similar Homes
21% below
vs Market Median
2% above
Area Growth (YoY)
2.3%
Deal Score Breakdown
95/100 · 1 qualifying signal
Priced 21% below the median of similar listings
LT net cashflow -$96/mo (-1.5% return on ownership cost) · STR net cashflow -$2,527/mo (-39.7% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 2% above the per-subtype city median
2.3% year-over-year ZHVI growth in this area
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
$7,118/mo
Range: $3,714 – $10,522
Net Monthly Cash Flow
−$95 /mo (−$1,145/yr)
Monthly rental income
Monthly ownership cost
Coverage
112%
Net /mo
−$96
DSCR
1.31
Est. Annual Revenue
$65,700/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$2,528 /mo (−$30,341/yr)
Monthly STR income
Monthly ownership cost
Coverage
86%
Net /mo
−$2,527
DSCR
0.80
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
10
Available Providers
$750,000
+27% vs median
48 days
66
$259,900 – $9,500,000
$3,964
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.
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