12958 300, Draper, UT 84020
5BD/—BA Residential in Draper, UT 84020. 6,793 sqft. Built 1988. Listed at $2,999,000. MLS #2123526.
5BD/—BA Residential in Draper, UT 84020. 6,793 sqft. Built 1988. Listed at $2,999,000. MLS #2123526.
To Be Built | Custom Lakefront Estate in Draper, Utah A rare opportunity to build your dream home on nearly one acre with 112 feet of lake frontage in Draper. This exceptionally flat and hard-to-find homesite comes included with the build, offering serene lakeside living with mature landscaping and unobstructed mountain views to the east and west, providing the perfect balance of privacy, tranquility, and convenient city access. The proposed 6,793 sq. ft. home (8,766 sq. ft. under roof) showcases timeless architecture with modern craftsmanship, featuring 5 bedrooms, 5.5 bathrooms, a main-floor primary suite, theater, and expansive gathering spaces ideal for entertaining, relaxing, or enjoying family life. Two covered patios and decks extend living outdoors, while an upper-level apartment suite provides ideal guest, family, or multi-generational accommodations. A spacious four-bay garage allows ample room for vehicles, storage, and recreational equipment. Construction is proposed through Bluerock Builders under a cost-plus fixed-fee structure, including full architectural, interior, and landscape design services, home construction, and a landscaping allowance. A detailed construction budget with generous allowances will be provided and refined with the design team, ensuring every element reflects your personal vision and lifestyle. This exclusive estate offers unmatched luxury, exceptional craftsmanship, and a rare chance to own a premier flat lakefront property in Draper.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
2
County
Salt Lake
Lot Size
0.98 sq ft
Above Grade Area
6,793 sq ft
MLS #
2123526
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
2
County
Salt Lake
Lot Size
0.98 sq ft
Above Grade Area
6,793 sq ft
MLS #
2123526
List Price
$2,999,000
Annual Taxes
$3,047
Home Warranty
No
List Price
$2,999,000
Annual Taxes
$3,047
Home Warranty
No
Roof
Asphalt
Basement
Slab
Roof
Asphalt
Basement
Slab
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
156% above
vs Market Median
83% above
Area Growth (YoY)
1.2%
Deal Score Breakdown
25/100
1.2% year-over-year ZHVI growth in this area
Priced 156% above the median of similar listings
Priced 83% above the per-subtype city median
LT net cashflow -$9,659/mo (-50.3% return on ownership cost) · STR net cashflow -$15,351/mo (-80.0% 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
$10,838/mo
Range: $8,170 – $13,506
Net Monthly Cash Flow
−$9,660 /mo (−$115,919/yr)
Monthly rental income
Monthly ownership cost
Coverage
57%
Net /mo
−$9,659
DSCR
0.64
Est. Annual Revenue
$65,931/yr
$364/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$15,352 /mo (−$184,220/yr)
Monthly STR income
Monthly ownership cost
Coverage
29%
Net /mo
−$15,351
DSCR
0.26
School District
Canyons
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
12
Available Providers
$860,000
+249% vs median
60 days
158
$320,000 – $6,500,000
$3,047
Low Crime
6.7
per 1,000
22.7
per 1,000
5.5
per 1,000
34.9
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.

Salt Lake City Real Estate Broker Focused on Pricing, Positioning, and Results

Daryn Edmunds - High Road Properties

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