1288 HORIZON VIEW, Elk Ridge, UT 84651
5BD/—BA Residential in Elk Ridge, UT 84651. 4,484 sqft. Built 2016. Listed at $809,000. MLS #2121489.
5BD/—BA Residential in Elk Ridge, UT 84651. 4,484 sqft. Built 2016. Listed at $809,000. MLS #2121489.
New Price Drop! Move-in ready 5 BED / 3.5 BATH home with unobstructed views of Mount Loafer and no rear neighbors. Built less than 10 years ago, this one-owner property has been well maintained! Main level features 3 bedrooms and 2.5 bathrooms, including a master suite with walk-in closet as well as a spacious Office. Open kitchen and living area with large windows showcasing mountain views. Basement is fully finished with 2 bedrooms, 1 bathroom, a large Family/Rec room, generous windows, and recessed lighting, as well as KITCHENETTE, with the potential to convert into a MOTHER IN LAW apartment! Backyard includes white vinyl fencing, automatic sprinklers, raspberry patches, and direct gate access to city parkland with trails, park, and disc golf. Extras include a 2-car garage with , water softener, all appliances, and window coverings. Updated Water Heater. Quiet street, 10 minutes from I-15, close to schools and shopping, and less than a mile from Gladstan Golf Course.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
County
Utah
Zoning
Single-Family
Construction
Asphalt,Concrete,Stucco
Lot Size
0.2 sq ft
Above Grade Area
2,246 sq ft
Condition
Blt./Standing
MLS #
2121489
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
County
Utah
Zoning
Single-Family
Construction
Asphalt,Concrete,Stucco
Lot Size
0.2 sq ft
Above Grade Area
2,246 sq ft
Condition
Blt./Standing
MLS #
2121489
List Price
$809,000
Original Price
$869,900
Annual Taxes
$3,092
Home Warranty
No
List Price
$809,000
Original Price
$869,900
Annual Taxes
$3,092
Home Warranty
No
Heating
Gas: Central,Gas: Stove,Hot Water
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Entrance,Full
Materials
Asphalt,Concrete,Stucco
Appliances
Ceiling Fan,Microwave,Refrigerator,Water Softener Owned
Laundry
Gas Dryer Hookup
Patio & Porch
Porch: Open,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Gas: Central,Gas: Stove,Hot Water
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Entrance,Full
Materials
Asphalt,Concrete,Stucco
Appliances
Ceiling Fan,Microwave,Refrigerator,Water Softener Owned
Laundry
Gas Dryer Hookup
Patio & Porch
Porch: Open,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Garage Spaces
2
Covered Spaces
2
Total Parking
6
Garage Spaces
2
Covered Spaces
2
Total Parking
6
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
100/100
vs Similar Homes
23% below
vs Market Median
11% above
Price Reduced
7.0%
Area Growth (YoY)
9.0%
Deal Score Breakdown
100/100 · 3 qualifying signals
Priced 23% below the median of similar listings
9.0% year-over-year ZHVI growth in this area
7% price reduction from original list — seller may be motivated
LT net cashflow +$90/mo (+1.7% return on ownership cost) · STR net cashflow -$2,919/mo (-53.7% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 11% 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
$6,275/mo
Range: $2,847 – $9,702
Net Monthly Cash Flow
+$91 /mo (+$1,088/yr)
Monthly rental income
Monthly ownership cost
Coverage
116%
Net /mo
+$90
DSCR
1.35
Est. Annual Revenue
$43,075/yr
$284/night · 41% occupancy · $113/bedroom · $0.17/sqft
Net Monthly Cash Flow
−$2,919 /mo (−$35,025/yr)
Monthly STR income
Monthly ownership cost
Coverage
66%
Net /mo
−$2,919
DSCR
0.61
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$580,000
+39% vs median
122 days
22
$550,000 – $1,953,499
$3,092
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
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