2862 PAMELA, Cottonwood Heights, UT 84121

About This Property

remodeled potential mls 2094927 sold 888k. 18 minutes to Skiing. Rare estate-style potential on an large Cottonwood Heights lot with eligibility for a 1,000+ sq. ft. detached ADU. Whether you're envisioning multigenerational living, guest quarters, a home office, or future rental income, opportunities like this are increasingly hard to find. UNIQUE #1 The value is in the lot. At 0.28 acres, this property offers a rare combination of privacy, usable outdoor space, and future flexibility that is becoming increasingly hard to find in Cottonwood Heights. New sprinkler system installed in 2026 (currently turned off). UNIQUE #2 Rare 1,000+ sq. ft. detached ADU eligibility. Build a guest house. Create rental income. Give family members their own space. Design the ultimate home office. Most properties in this area simply don't offer this level of flexibility. This one does. UNIQUE #3 OPEN-CONCEPT POTENTIAL. Rare for a 1955 Cottonwood Heights home, the main floor already features an open living and dining layout. For buyers looking to renovate, the existing floorplan provides an exceptional foundation for a modern, open-concept design without starting from scratch. UNIQUE #4 FIVE-YEAR HOME WARRANTY. Most fixer-uppers come with uncertainty. This one comes with added protection. A five-year home warranty is included, providing coverage for many major systems and helping reduce the risk of unexpected expenses after closing. UNIQUE #5 RENOVATION ADVANTAGE. Bring your vision. The seller is offering access to professional licensed renovation services at cost-materials and labor only, with no contractor markup. Create the finishes, updates, and style you want at a fraction of typical market renovation costs. Available as a separate opportunity for the buyer and not included in the purchase price. UNIQUE #6 - SELLER FINANCING: Seller financing is available to qualified buyers - a flexible, streamlined path to ownership outside conventional lending. Terms available upon offer. UNIQUE #7 - CASH FLOW: ADU OR MOTHER-IN-LAW IMMEDIATE INCOME POTENTIAL: The existing layout supports an internal ADU generating an estimated $1,800$1,850 per month in rental income. SAVE $21,600$22,200/year - offset your mortgage and build equity simultaneously. UNIQUE #8 - CASH FLOW: HOME OFFICE WITH PRIVATE ACCESS: The drive-through garage offers a rare setup for a fully independent home office - private entrance, separate from the main living area. Stop paying $350$500/month in office rent. SAVE $4,200$6,000/year the day you move in. SELLER FINANCING TERMS: Available to qualified buyers with a minimum 10% down payment and a term of up to five years. Interest rate and final terms are subject to mutual agreement; seller is targeting a rate consistent with current market conditions. Buyer to verify all ADU eligibility, zoning requirements, rental income estimates, and contractor terms directly with seller.

Features & Amenities