1568 FAIRWAY RIDGE, Draper, UT 84020
3BD/—BA Residential in Draper, UT 84020. 3,621 sqft. Built 2003. Listed at $835,000. MLS #2167810.
3BD/—BA Residential in Draper, UT 84020. 3,621 sqft. Built 2003. Listed at $835,000. MLS #2167810.
Nestled on a quiet street in the heart of a highly sought-after gated Draper community, this exceptional luxury townhome offers breathtaking valley views, stunning mountain vistas, and unforgettable sunsets. Enjoy the ease of maintenance-free living with access to a community clubhouse and pool, all while being surrounded by walking and biking trails. Boasting approximately 3,600 square feet, this beautifully maintained home has been completely repainted and features new carpet throughout. The thoughtfully designed floor plan offers a spacious primary suite, an additional full bath, and an elegant front room ideal for a home office or formal sitting area on the main floor. Soaring 10-foot ceilings on both levels create an open, airy feel throughout the home. The kitchen and family room open to a beautiful, covered deck, perfect for taking in the views and entertaining guests. Downstairs, the fully finished walkout basement offers two large bedrooms, a full bath, a spacious family room, and an additional finished flex room ideal for a home gym, craft room, or extensive storage. Step outside to the covered patio and fully fenced yard space, providing an outdoor retreat. All appliances are included, and major mechanical updates provide peace of mind, including a new water heater, furnace, air conditioner, steam humidifier, refrigerator, washer, and dryer-all replaced in 2023 and 2024. Conveniently located just minutes from freeway access, shopping, dining, and everyday amenities, this move-in-ready home combines luxury, comfort, and convenience in one of Draper's most desirable communities. Easy to show. Call for your appointment. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
COTTAGES
County
Salt Lake
Zoning
Single-Family
Construction
Stone,Stucco
Lot Size
0.04 sq ft
Above Grade Area
1,680 sq ft
Condition
Blt./Standing
MLS #
2167810
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
COTTAGES
County
Salt Lake
Zoning
Single-Family
Construction
Stone,Stucco
Lot Size
0.04 sq ft
Above Grade Area
1,680 sq ft
Condition
Blt./Standing
MLS #
2167810
List Price
$835,000
HOA Fees
$450 / Monthly
Annual Taxes
$3,475
Home Warranty
No
List Price
$835,000
HOA Fees
$450 / Monthly
Annual Taxes
$3,475
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Travertine
Basement
Daylight,Full,Walk-Out Access
Materials
Stone,Stucco
Appliances
Ceiling Fan,Dryer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Travertine
Basement
Daylight,Full,Walk-Out Access
Materials
Stone,Stucco
Appliances
Ceiling Fan,Dryer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
75/100
vs Similar Homes
12% below
vs Market Median
2% below
Area Growth (YoY)
2.6%
Deal Score Breakdown
75/100 · 1 qualifying signal
Priced 12% below the median of similar listings
Priced 2% below the per-subtype city median
2.6% year-over-year ZHVI growth in this area
LT net cashflow -$2,680/mo (-44.3% return on ownership cost) · STR net cashflow -$3,018/mo (-49.9% 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.
Why this classification
Monthly Rent
$3,823/mo
Range: $2,876 – $4,771
Net Monthly Cash Flow
−$2,680 /mo (−$32,165/yr)
Monthly rental income
Monthly ownership cost
Coverage
63%
Net /mo
−$2,680
DSCR
0.80
Est. Annual Revenue
$51,882/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$3,017 /mo (−$36,203/yr)
Monthly STR income
Monthly ownership cost
Coverage
72%
Net /mo
−$3,018
DSCR
0.72
School District
Canyons
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$757,000
+10% vs median
39 days
174
$339,000 – $6,500,000
$3,475
$450/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.
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