135 COVE, Elk Ridge, UT 84651
6BD/—BA Residential in Elk Ridge, UT 84651. 5,608 sqft. Built 2001. Listed at $925,000. MLS #2098341.
6BD/—BA Residential in Elk Ridge, UT 84651. 5,608 sqft. Built 2001. Listed at $925,000. MLS #2098341.
Mountain Majesty! That's the best way to describe this exceptional Elk Ridge home! Buying new rarely gets you the charm and feel of a home like this. Located on a quiet cul-de-sac with an amazing swimming pool, mature trees, large lot, views of mountains, lake and valley- what more could you ask for? How about a spacious 5600+ square foot home, with a main level Master Suite, complete with a Den and large walk in closet. Upstairs features a large bedroom, full bath and bonus room/loft overlooking the main great room. In the walkout basement, you'll find an additional four bedrooms and two additional full baths, along with all the storage you could need and gathering area to spare! Custom built, with hardwood floors and meticulous craftsmanship throughout. Must see!
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
GREENVIEW ESTATES
County
Utah
Zoning
Single-Family
Construction
Stone,Stucco
Lot Size
0.41 sq ft
Above Grade Area
3,138 sq ft
Condition
Blt./Standing
MLS #
2098341
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
GREENVIEW ESTATES
County
Utah
Zoning
Single-Family
Construction
Stone,Stucco
Lot Size
0.41 sq ft
Above Grade Area
3,138 sq ft
Condition
Blt./Standing
MLS #
2098341
List Price
$925,000
Original Price
$1,050,000
Annual Taxes
$4,818
Home Warranty
No
List Price
$925,000
Original Price
$1,050,000
Annual Taxes
$4,818
Home Warranty
No
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Entrance,Full
Materials
Stone,Stucco
Appliances
Microwave,Refrigerator,Water Softener Owned
Patio & Porch
Porch: Open,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Lake,Mountain(s),Valley
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Entrance,Full
Materials
Stone,Stucco
Appliances
Microwave,Refrigerator,Water Softener Owned
Patio & Porch
Porch: Open,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Lake,Mountain(s),Valley
Garage Spaces
3
Covered Spaces
3
Total Parking
3
Garage Spaces
3
Covered Spaces
3
Total Parking
3
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
100/100
vs Similar Homes
25% below
vs Market Median
7% above
Price Reduced
11.9%
Area Growth (YoY)
9.5%
Deal Score Breakdown
100/100 · 4 qualifying signals
Priced 25% below the median of similar listings
9.5% year-over-year ZHVI growth in this area
12% price reduction from original list — seller may be motivated
LT net cashflow +$901/mo (+14.3% return on ownership cost) · STR net cashflow -$3,427/mo (-54.3% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 7% above the per-subtype city median
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
$8,202/mo
Range: $3,721 – $12,683
Net Monthly Cash Flow
+$901 /mo (+$10,812/yr)
Monthly rental income
Monthly ownership cost
Coverage
130%
Net /mo
+$901
DSCR
1.54
Est. Annual Revenue
$49,550/yr
$284/night · 41% occupancy · $113/bedroom · $0.17/sqft
Net Monthly Cash Flow
−$3,427 /mo (−$41,122/yr)
Monthly STR income
Monthly ownership cost
Coverage
65%
Net /mo
−$3,427
DSCR
0.62
Best Download
2 Gbps
Best Upload
250 Mbps
Fiber Available
No
Providers
8
Available Providers
$580,000
+59% vs median
122 days
22
$550,000 – $1,953,499
$4,818
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