987 DEER ARCH, Draper, UT 84020
4BD/—BA Residential in Draper, UT 84020. 3,772 sqft. Built 2017. Listed at $1,049,999. MLS #2149544.
4BD/—BA Residential in Draper, UT 84020. 3,772 sqft. Built 2017. Listed at $1,049,999. MLS #2149544.
NEW GREAT PRICE, SAME AMAZING HOUSE! This view! Come home to luxury living in a premier Draper neighborhood with manicured surroundings and welcoming neighbors. This gorgeous home offers a blend of sophisticated single-level living, breathtaking scenery from both floors, open-concept, and natural light! The main floor is highlighted by a chef's kitchen equipped with a gas stove, commercial-grade hood, and a massive island that comfortably seats six, with ample space for both casual and formal dining. The home boasts two primary suites and is filled with natural light. The basement is plumbed for a second kitchen and the French-door walk-out seamlessly connects the lower level to the outdoors, taking full advantage of the valley views. Plenty of space for parking with the 3-car garage and driveway parking. Location is a major draw for outdoor enthusiasts, offering immediate access to a park just behind the home, with play area distant enough to be quiet in the home, and the nearby extensive Corner Canyon trail system and the Bear Canyon Suspension Bridge. With its close proximity to the Silicon Slopes tech hub and top-rated schools, this property provides a rare balance of quiet mountain-side luxury and modern accessibility. Seller offering $10k towards improvements, plus no PMI with 15% down. Ask how! CLICK TOUR TO WATCH THE SHORT VIDEO. Buyer and buyer's agent to verify all.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Bungalow/Cottage
Stories
2
Subdivision
DEER RUN
County
Salt Lake
Zoning
Single-Family
Construction
Stone,Stucco,Cement Siding
Lot Size
0.14 sq ft
Above Grade Area
1,886 sq ft
Condition
Blt./Standing
MLS #
2149544
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Bungalow/Cottage
Stories
2
Subdivision
DEER RUN
County
Salt Lake
Zoning
Single-Family
Construction
Stone,Stucco,Cement Siding
Lot Size
0.14 sq ft
Above Grade Area
1,886 sq ft
Condition
Blt./Standing
MLS #
2149544
List Price
$1,049,999
Original Price
$1,200,000
HOA Fees
$100 / Monthly
Annual Taxes
$5,107
Home Warranty
No
List Price
$1,049,999
Original Price
$1,200,000
HOA Fees
$100 / Monthly
Annual Taxes
$5,107
Home Warranty
No
Heating
Forced Air,Gas: Central,>= 95% efficiency
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Daylight,Full,Walk-Out Access
Materials
Stone,Stucco,Cement Siding
Appliances
Ceiling Fan,Microwave,Range Hood,Refrigerator,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Covered,Porch: Open,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Heating
Forced Air,Gas: Central,>= 95% efficiency
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Daylight,Full,Walk-Out Access
Materials
Stone,Stucco,Cement Siding
Appliances
Ceiling Fan,Microwave,Range Hood,Refrigerator,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Covered,Porch: Open,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Garage Spaces
3
Covered Spaces
3
Total Parking
5
Garage Spaces
3
Covered Spaces
3
Total Parking
5
Why this is a deal
Classification
Motivated SellerDeal Score
83/100
vs Similar Homes
18% above
vs Market Median
8% below
Price Reduced
12.5%
Area Growth (YoY)
1.4%
Deal Score Breakdown
83/100 · 2 qualifying signals
13% price reduction from original list — seller may be motivated
Priced 8% below the per-subtype city median
1.4% year-over-year ZHVI growth in this area
Priced 18% above the median of similar listings
LT net cashflow -$3,537/mo (-48.9% return on ownership cost) · STR net cashflow -$3,750/mo (-51.9% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
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
$4,196/mo
Range: $2,850 – $5,542
Net Monthly Cash Flow
−$3,536 /mo (−$42,437/yr)
Monthly rental income
Monthly ownership cost
Coverage
58%
Net /mo
−$3,537
DSCR
0.70
Est. Annual Revenue
$59,654/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$3,749 /mo (−$44,991/yr)
Monthly STR income
Monthly ownership cost
Coverage
69%
Net /mo
−$3,750
DSCR
0.66
School District
Canyons
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$799,625
+31% vs median
44 days
174
$339,000 – $6,500,000
$5,107
$100/monthly
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.
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