4029 E CANYON ESTATE, Cottonwood Heights, UT 84121
5BD/—BA Residential in Cottonwood Heights, UT 84121. 10,608 sqft. Built 2026. Listed at $9,500,000. MLS #2160524.
5BD/—BA Residential in Cottonwood Heights, UT 84121. 10,608 sqft. Built 2026. Listed at $9,500,000. MLS #2160524.
4029 E Canyon Estate | Projected Completion Fall 2026 Welcome to Tavaci, a private gated community at the foothills of Big Cottonwood Canyon, widely regarded as Salt Lake City's premier luxury enclave and home to some of the valley's most distinguished estates and highly acclaimed architecture. Designed for multigenerational living, this custom residence offers 10,608 square feet across four levels connected by a striking glass centerpiece elevator in addition to a 5th story, 4,672 sf Rooftop Terrace. Positioned to capture unobstructed 360-degree views of both the Salt Lake Valley and Big Cottonwood Canyon, the home features expansive outdoor living and 360 degree mountain and valley views. The Rooftop Terrace is engineered with high structural integrity for jacuzzi and includes a fully automated access hatch for protected entry. The residence is delivered fully landscaped with pool and pool-house. The primary suite spans nearly 2,000 square feet and includes dual oversized walk-in closets, each with its own private laundry, a wraparound private deck, and a spa-level bathroom featuring a wet room, and curated marble finishes throughout. The suite is designed to maximize both mountain and valley views from every angle. Upon entry, guests are welcomed by soaring ceilings, a temperature-controlled glass wine room, and the home's signature glass elevator. The main level includes a chef's kitchen, separate butler's kitchen, formal dining area, office, expansive living space, and a concealed library with direct sliding door access to the pool terrace. The lower level is designed for extended living and wellness, offering additional en-suite accommodations, a full gym, sauna, cold plunge, secondary living space, private office, and full walkout access to the grounds. The sub-basement level features a full-scale theater room with bar/lounge area and substantial cold storage.
Property Type
Residential
Property Style
Single Family Residence
Stories
4
Subdivision
COTTONWOOD
County
Salt Lake
Zoning
Single-Family
Construction
Concrete,Stone,Stucco,Metal Siding,Other
Lot Size
0.53 sq ft
Above Grade Area
7,566 sq ft
MLS #
2160524
Property Type
Residential
Property Style
Single Family Residence
Stories
4
Subdivision
COTTONWOOD
County
Salt Lake
Zoning
Single-Family
Construction
Concrete,Stone,Stucco,Metal Siding,Other
Lot Size
0.53 sq ft
Above Grade Area
7,566 sq ft
MLS #
2160524
List Price
$9,500,000
HOA Fees
$500 / Monthly
Annual Taxes
$15,027
Home Warranty
No
List Price
$9,500,000
HOA Fees
$500 / Monthly
Annual Taxes
$15,027
Home Warranty
No
Heating
Gas: Central
Cooling
Central Air
Roof
Flat,Metal
Flooring
Carpet,Hardwood,Tile
Basement
Full,Walk-Out Access
Materials
Concrete,Stone,Stucco,Metal Siding,Other
Appliances
Freezer,Microwave,Refrigerator
Laundry
Gas Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Gas: Central
Cooling
Central Air
Roof
Flat,Metal
Flooring
Carpet,Hardwood,Tile
Basement
Full,Walk-Out Access
Materials
Concrete,Stone,Stucco,Metal Siding,Other
Appliances
Freezer,Microwave,Refrigerator
Laundry
Gas Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
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
25/100
vs Similar Homes
414% above
vs Market Median
110% above
Area Growth (YoY)
3.0%
Deal Score Breakdown
25/100
3.0% year-over-year ZHVI growth in this area
Priced 414% above the median of similar listings
Priced 110% above the per-subtype city median
LT net cashflow -$48,248/mo (-77.3% return on ownership cost) · STR net cashflow -$57,935/mo (-92.8% 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
$16,089/mo
Range: $12,067 – $20,112
Net Monthly Cash Flow
−$48,248 /mo (−$578,977/yr)
Monthly rental income
Monthly ownership cost
Coverage
26%
Net /mo
−$48,248
DSCR
0.30
Est. Annual Revenue
$76,641/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$57,935 /mo (−$695,224/yr)
Monthly STR income
Monthly ownership cost
Coverage
10%
Net /mo
−$57,935
DSCR
0.09
Best Download
1 Gbps
Best Upload
1 Gbps
Fiber Available
Yes
Providers
9
Available Providers
$762,000
+1147% vs median
58 days
70
$259,900 – $9,500,000
$15,027
$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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