3974 CANYON ESTATE, Cottonwood Heights, UT 84121
6BD/—BA Residential in Cottonwood Heights, UT 84121. 8,955 sqft. Built 2027. Listed at $7,999,999. MLS #2158059.
6BD/—BA Residential in Cottonwood Heights, UT 84121. 8,955 sqft. Built 2027. Listed at $7,999,999. MLS #2158059.
Gorgeous contemporary estate with panoramic valley and mountain views, ready to be built in one of the most exclusive gated enclaves in Salt Lake County known as Tavaci. Using the premiere Kodiak America builders this project is ready to go today! This extraordinary architectural masterpiece has already been fully approved and permitted through Cottonwood Heights, giving the future owner the rare opportunity to bypass years of planning, design, engineering, and saving thousands of dollars. With approvals already in place, construction could be completed in approximately 18 months, allowing you to move forward immediately with creating a truly one-of-a-kind luxury retreat. Thoughtfully designed for elevated living and unforgettable entertaining, this stunning residence offers six spacious bedrooms, nine luxurious bathrooms, and expansive open-concept living spaces filled with natural light. Dramatic floor-to-ceiling windows frame sweeping, unobstructed views of the Salt Lake Valley and surrounding mountains, creating a seamless connection between the indoors and the breathtaking natural landscape. Every detail of the design reflects exceptional craftsmanship, sophisticated contemporary style, and a focus on both comfort and functionality. The home was envisioned to deliver a true resort-style experience with an optional indoor-outdoor pool concept that blends beautifully into the surrounding scenery. Expansive terraces, covered outdoor living areas, and thoughtfully designed entertaining spaces provide the perfect setting for hosting guests year-round or enjoying peaceful privacy in the mountains above the city. Clean architectural lines, striking modern finishes, and carefully curated materials combine to create a residence that is both timeless and bold. Additional features include a spacious heated four-car garage and driveway, dramatic grand-scale living areas, private bedroom suites, and seamless indoor-outdoor living throughout the home. Strategically located at the mouth of Big Cottonwood Canyon, this premier location offers unmatched access to world-renowned skiing, hiking, biking, and outdoor recreation while still being only approximately 15 minutes from several internationally recognized ski resorts and just 25 minutes from Salt Lake International Airport. Experience the perfect blend of privacy, architecture, convenience, and breathtaking natural beauty. Be sure to view the cinematic video tour and immersive 3D virtual tour showcasing the vision and potential of this remarkable property. VIEW THE ATTACHED TOUR*Buyer is advised to obtain an independent measurement and to verify all information.*
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
COTTONWOOD
County
Salt Lake
Zoning
Single-Family
Construction
Stone,Stucco
Lot Size
1.45 sq ft
Above Grade Area
3,880 sq ft
MLS #
2158059
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
COTTONWOOD
County
Salt Lake
Zoning
Single-Family
Construction
Stone,Stucco
Lot Size
1.45 sq ft
Above Grade Area
3,880 sq ft
MLS #
2158059
List Price
$7,999,999
HOA Fees
$500 / Monthly
Annual Taxes
$22,727
Home Warranty
No
List Price
$7,999,999
HOA Fees
$500 / Monthly
Annual Taxes
$22,727
Home Warranty
No
Heating
Forced Air,Gas: Radiant,Radiant Floor
Cooling
Central Air
Roof
Metal,Membrane
Flooring
Carpet,Hardwood,Tile
Basement
Full,Walk-Out Access
Materials
Stone,Stucco
Appliances
Microwave,Range Hood,Refrigerator,Water Softener Owned
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Available,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Gas: Radiant,Radiant Floor
Cooling
Central Air
Roof
Metal,Membrane
Flooring
Carpet,Hardwood,Tile
Basement
Full,Walk-Out Access
Materials
Stone,Stucco
Appliances
Microwave,Range Hood,Refrigerator,Water Softener Owned
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Available,Sewer: Public
View
Mountain(s)
Garage Spaces
4
Covered Spaces
4
Total Parking
10
Garage Spaces
4
Covered Spaces
4
Total Parking
10
Classification
Standard
Deal Score
25/100
vs Similar Homes
369% above
vs Market Median
202% above
Area Growth (YoY)
3.0%
Deal Score Breakdown
25/100
3.0% year-over-year ZHVI growth in this area
Priced 369% above the median of similar listings
Priced 202% above the per-subtype city median
LT net cashflow -$40,864/mo (-76.4% return on ownership cost) · STR net cashflow -$49,103/mo (-91.8% 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.
Monthly Rent
$14,326/mo
Range: $10,745 – $17,908
Net Monthly Cash Flow
−$40,864 /mo (−$490,366/yr)
Monthly rental income
Monthly ownership cost
Coverage
27%
Net /mo
−$40,864
DSCR
0.31
Est. Annual Revenue
$74,881/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$49,103 /mo (−$589,233/yr)
Monthly STR income
Monthly ownership cost
Coverage
12%
Net /mo
−$49,103
DSCR
0.11
Best Download
1 Gbps
Best Upload
1 Gbps
Fiber Available
Yes
Providers
9
Available Providers
$762,000
+950% vs median
58 days
70
$259,900 – $9,500,000
$22,727
$500/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.
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