Question 1

What is the asking price for 823 MOUNTAIN, Elk Ridge?

Accepted Answer

823 MOUNTAIN, Elk Ridge is listed at $1,300,000 ($217/sqft). The original list price was $1,350,000, representing a reduction of $50,000. This listing is currently active and available for showings.

Question 2

How many bedrooms and bathrooms does 823 MOUNTAIN, Elk Ridge have?

Accepted Answer

This Residential features 4 bedrooms, 4 bathrooms, 5,994 square feet of living space. It is a 3-story home. The lot is 0.36 acres.

Question 3

When was 823 MOUNTAIN, Elk Ridge built?

Accepted Answer

This property was built in 2026, making it 0 years old. As a newer construction, it likely features modern building codes, energy-efficient systems, and contemporary finishes.

Question 4

What type of property is 823 MOUNTAIN, Elk Ridge?

Accepted Answer

823 MOUNTAIN, Elk Ridge is a Residential (Single Family Residence). The architectural style is Stories: 2. It is located in the TOLL BROTHERS AT ELK RIDGE subdivision.

Question 5

Does 823 MOUNTAIN, Elk Ridge have a garage or parking?

Accepted Answer

Yes, this property includes a 3-car garage and 3 open parking spaces. Total parking capacity: 6 vehicles.

Question 6

Is there an HOA for 823 MOUNTAIN, Elk Ridge?

Accepted Answer

No, this property is not part of a homeowners association, which means no monthly HOA fees. Homeowners maintain full control over their property without HOA restrictions or assessments.

Question 7

What are the property taxes for 823 MOUNTAIN, Elk Ridge?

Accepted Answer

Annual property taxes for this property are approximately $1 (about Contact for Price/month). This represents an effective tax rate of approximately 0.00% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 823 MOUNTAIN, Elk Ridge?

Accepted Answer

Interior features include: Bath: Primary, Bath: Sep. Tub/Shower, Closet: Walk-In, Den/Office, Oven: Double. Exterior features include: Entry (Foyer), Patio: Covered, Sliding Glass Doors. The home has 1 fireplace.   View: Mountain(s),Valley.

Question 9

Is 823 MOUNTAIN, Elk Ridge a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Great Deal (vs Similar)" with a deal score of 38/100. Key deal signals: Priced 26% below similar homes; 4.2% year-over-year market appreciation; 4% price reduction from original list. The price is 26% below similar homes in the area. This analysis considers price relative to comparables, days on market, price reductions, and market conditions.

Question 10

How does this price compare to similar homes in Elk Ridge?

Accepted Answer

The median price for similar properties in the area is $1,767,450 (based on 10 homes). At $1,300,000, this listing is 26% below the median for comparable homes. It ranks #Deep Discount among similar listings by value.

Question 11

Has the price been reduced on 823 MOUNTAIN, Elk Ridge?

Accepted Answer

Yes, the price has been reduced by 3.7% from the original list price of $1,350,000 to the current price of $1,300,000 — a reduction of $50,000. Price reductions can indicate seller motivation or market adjustment.

Question 12

What would the monthly mortgage payment be for 823 MOUNTAIN, Elk Ridge?

Accepted Answer

At the current 30-year mortgage rate of 6.46% with 20% down, the estimated monthly principal and interest payment is $6,546. Including estimated taxes, the total monthly cost is approximately $6,546. A 15-year mortgage at 5.77% would be $8,647/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 13

How long has 823 MOUNTAIN, Elk Ridge been on the market?

Accepted Answer

This property has been listed for 14 days. The average days on market in Elk Ridge is 152 days, meaning this listing is moving faster than the local average.

Question 14

Is 823 MOUNTAIN, Elk Ridge a good investment property?

Accepted Answer

Based on market rental data, this property has an estimated annual rent of $22,908 with a gross rental yield of 1.8%. Net rental yield (after estimated expenses): 1.1%.  Estimated debt service coverage ratio (DSCR): 0.22. Investor score: 21/100. These are estimates based on area comparables.

Question 15

What is the estimated rental income for 823 MOUNTAIN, Elk Ridge?

Accepted Answer

Based on area comparables, the estimated monthly rent for this property is $1,909 ($22,908/year). The gross rent multiplier is 56.7x (lower is generally better for investors). Actual rental income will depend on property condition, local demand, and management approach.

Question 16

What lifestyle features does 823 MOUNTAIN, Elk Ridge offer?

Accepted Answer

Propaired's AI has identified 4 lifestyle features for this property: ADU/Multigenerational, Scenic Views, Privacy/Seclusion, New Construction. The primary lifestyle niche is "new_construction." These tags are derived from MLS data, property features, and location analysis.

Question 17

Is 823 MOUNTAIN, Elk Ridge new construction?

Accepted Answer

Yes, this is a new construction property built in 2026. New construction in Utah typically includes modern energy codes, current building standards, builder warranties, and contemporary finishes.  Review the builder warranty terms and any remaining items on the builder punch list.

Question 18

What recreation is near 823 MOUNTAIN, Elk Ridge?

Accepted Answer

This property has a recreation score of 62/100. Nearby recreation includes: Red Lake trailhead (4.6 mi); Shuler Park park (0.6 mi); Gladstan Golf Course (0.8 mi); Utah Lake State Park (14.9 mi). Skiing: Sundance Resort (25.1 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.

Question 19

Are there hiking trails near 823 MOUNTAIN, Elk Ridge?

Accepted Answer

Yes, the nearest trailhead is Red Lake, just 4.6 miles from the property. Utah Lake State Park is 14.9 miles away. Utah has over 10,000 miles of hiking trails across its diverse terrain, from desert canyons to alpine meadows.

Question 20

What amenities and services are near 823 MOUNTAIN, Elk Ridge?

Accepted Answer

This property has an amenity proximity score of 75/100. Nearby services include: Grocery: Maverik (2.2 mi); Hospital: DaVita Dialysis (4.5 mi); Pharmacy: Salem Hills Pharmacy (2.5 mi); Dining: Gladstan Grill (1.1 mi). Gas station: 2.2 miles. Gym: Flippin' Out Tumbling & Cheer (3.4 mi).

Question 21

How far is the nearest hospital from 823 MOUNTAIN, Elk Ridge?

Accepted Answer

The nearest hospital is DaVita Dialysis, approximately 4.5 miles from the property. The nearest fire station is 1.4 miles away. Proximity to emergency services is an important safety factor for homebuyers.

Question 22

What schools serve 823 MOUNTAIN, Elk Ridge?

Accepted Answer

Assigned schools: Elementary: Mt Loafer; High: Salem Hills.   School district: Nebo.

Question 23

What is the internet speed at 823 MOUNTAIN, Elk Ridge?

Accepted Answer

This property has a broadband score of 100/100 (Excellent). Best available speed: 2000 Mbps download / 1000 Mbps upload. Fiber internet is available at this address. Available providers: AT&T (25 Mbps, Fixed Wireless); CenturyLink (100 Mbps, DSL); Fusion Networks (75 Mbps, Fixed Wireless). Total providers: 10.

Question 24

Is 823 MOUNTAIN, Elk Ridge in a flood zone?

Accepted Answer

This property is classified as low. FEMA flood zone: X (AREA OF MINIMAL FLOOD HAZARD). Flood insurance is not typically required but may be recommended.  Always verify current FEMA maps as they are periodically updated.

Question 25

How does this listing compare to the Elk Ridge market?

Accepted Answer

823 MOUNTAIN, Elk Ridge is listed at $1,300,000, which is above the Elk Ridge median of $580,000 by $720,000. There are currently 24 active listings in Elk Ridge. Homes in Elk Ridge sell in an average of 152 days. The average sale-to-list ratio is 98.0%.

Question 26

How does this price compare to the Utah state average?

Accepted Answer

At $1,300,000, this property is above the Utah state median of $510,000 by $790,000. Elk Ridge prices are 14% above the state average. Utah's housing market varies significantly by region — front-range cities near SLC are typically more expensive than rural areas.

Question 27

What is the Propaired intelligence score for 823 MOUNTAIN, Elk Ridge?

Accepted Answer

This property has a Propaired intelligence score of 54/100, combining deal value (38), recreation access (62), amenity proximity (75), broadband quality (100), and lifestyle features (4 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 28

What heating and cooling systems does 823 MOUNTAIN, Elk Ridge have?

Accepted Answer

Heating: Gas: Central,>= 95% efficiency. Cooling: Central Air. Modern HVAC systems typically last 15-20 years with proper maintenance. Utah's climate ranges from sub-zero winters to 100°F+ summers, making reliable heating and cooling essential.

Question 29

What type of roof does 823 MOUNTAIN, Elk Ridge have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 0-year-old home, reviewing recent roof inspections is recommended.

Question 30

Does 823 MOUNTAIN, Elk Ridge have a basement?

Accepted Answer

Yes, the basement is described as: Full. Basements in Utah are common and add versatile living or storage space. Check for any signs of moisture or foundation issues during the home inspection.

Question 31

What is 823 MOUNTAIN, Elk Ridge constructed from?

Accepted Answer

Construction materials include: Brick,Stucco,Cement Siding. Brick construction is durable and low-maintenance, offering excellent insulation and fire resistance.

Question 32

What type of flooring does 823 MOUNTAIN, Elk Ridge have?

Accepted Answer

Flooring types include: Tile.  Tile flooring is durable and ideal for high-traffic areas and bathrooms.

Question 33

What are the water and sewer connections for 823 MOUNTAIN, Elk Ridge?

Accepted Answer

Water source: Culinary. Sewer: Sewer: Connected,Sewer: Public.  Municipal sewer service means no septic maintenance costs. Water is a critical consideration in Utah's arid climate.

Question 34

What shopping and dining is near 823 MOUNTAIN, Elk Ridge?

Accepted Answer

The nearest restaurant is Gladstan Grill (1.1 miles away) and the nearest grocery store is Maverik (2.2 miles). Coffee: The Coffee Stop in Salem (2.2 mi). Banking: Alta Bank (2.7 mi). Overall amenity proximity score: 75/100.

Question 35

What would homeowner's insurance cost for 823 MOUNTAIN, Elk Ridge?

Accepted Answer

Homeowner's insurance in Utah typically ranges from 0.3% to 0.5% of the home's value annually. For a home listed at $1,300,000, expect approximately $3,900-$6,500/year ($325-$542/month).   Get multiple quotes — rates vary significantly by insurer.

Question 36

What are the estimated closing costs for 823 MOUNTAIN, Elk Ridge?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $1,300,000, expect approximately $26,000-$65,000 in closing costs. This includes title insurance, escrow fees, lender fees, recording fees, and prepaid items (insurance, taxes). Buyers should also budget for a home inspection ($300-$500), appraisal ($400-$600), and any lender-required reserves.

Question 37

How does the property tax compare to the list price at 823 MOUNTAIN, Elk Ridge?

Accepted Answer

The annual property tax of $1 represents an effective rate of 0.00% relative to the list price of $1,300,000. This is below the Utah average effective rate of approximately 0.58%, which is favorable for the buyer. Property taxes in Utah are assessed by the county and can change when the property is sold.

Question 38

What are the total estimated monthly costs for 823 MOUNTAIN, Elk Ridge?

Accepted Answer

Estimated total monthly housing cost: $6,979. This includes principal & interest ($6,546 at 6.46% with 20% down), and estimated insurance (~$433/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 39

Is 823 MOUNTAIN, Elk Ridge eligible for FHA or VA financing?

Accepted Answer

At $1,300,000, this property may exceed standard FHA loan limits and could require a conventional or jumbo loan. VA loans have no price cap but require VA eligibility.    Consult a mortgage lender for personalized eligibility.

Question 40

What is the estimated cap rate for 823 MOUNTAIN, Elk Ridge?

Accepted Answer

The estimated cap rate (net rental yield) for this property is 1.1%, based on estimated annual rent of $22,908 and a purchase price of $1,300,000. Lower cap rates often indicate appreciation-focused markets where property values are expected to rise.

Question 41

Is Elk Ridge a good rental market?

Accepted Answer

Estimated monthly rent in Elk Ridge is approximately $1,523. Homes in Elk Ridge sell in an average of 152 days, indicating moderate demand in this market. There are 24 active listings currently. Gross rental yield in this area: 1.8%. Utah's steady population growth continues to drive rental demand.

Question 42

Could 823 MOUNTAIN, Elk Ridge be a 1031 exchange property?

Accepted Answer

Yes, 823 MOUNTAIN, Elk Ridge could potentially qualify for a 1031 like-kind exchange if used as an investment or business property. A 1031 exchange allows deferral of capital gains taxes by reinvesting proceeds from one investment property into another. Key requirements include identifying a replacement property within 45 days and closing within 180 days. The property must be held for investment purposes — personal residences do not qualify. Consult a qualified intermediary and tax advisor for specific guidance.

Question 43

How does 823 MOUNTAIN, Elk Ridge compare to recently sold homes nearby?

Accepted Answer

Based on 10 comparable properties, the median sold price in this area is $1,767,450. This listing is 26% below the comparable median. It ranks Deep Discount among similar listings by value. The median for this property type specifically is $1,037,500. Comparable analysis is based on similar size, age, and location.

Question 44

Is the Elk Ridge neighborhood appreciating in value?

Accepted Answer

Based on Zillow Home Value Index data, property values in this area have appreciated 4.2% over the past year. The current Zillow Home Value Index for this area is $713,750. This listing is priced at 182% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 45

What is the price trend in Elk Ridge?

Accepted Answer

Elk Ridge's median price has decreased 22.6% month-over-month. Current median: $580,000. Days on market have decreased by 2.8% month-over-month. Homes are selling at 98.0% of list price on average. Monitor these trends to time your offer strategically.

Question 46

Is 823 MOUNTAIN, Elk Ridge overpriced or underpriced?

Accepted Answer

Propaired's AI classifies this property as "Great Deal (vs Similar)." At 26% below comparable homes, this property appears competitively priced. Deal score: 38/100. Always confirm with a local real estate professional who can provide a comparative market analysis.

Question 47

What school district is 823 MOUNTAIN, Elk Ridge in?

Accepted Answer

This property is in the Nebo school district. Assigned elementary: Mt Loafer.  Assigned high: Salem Hills. School district boundaries can affect property values by 5-15%. Contact the district directly to confirm current enrollment boundaries, as they may change.

Question 48

What parks are near 823 MOUNTAIN, Elk Ridge?

Accepted Answer

The nearest local park is Shuler Park (0.6 miles away). The nearest state park is Utah Lake State Park (14.9 miles).  Parks and green spaces contribute to quality of life and are a positive factor for property values.

Question 49

Is there a golf course near 823 MOUNTAIN, Elk Ridge?

Accepted Answer

The nearest golf course is Gladstan Golf Course, 0.8 miles from the property. Utah has over 80 golf courses statewide with a season running from March through November in most areas. Close proximity to a golf course is a desirable feature that can enhance property value.

Question 50

What water activities are near 823 MOUNTAIN, Elk Ridge?

Accepted Answer

Water recreation near this property includes: Utah Lake (15.0 mi); boat ramp at Lincoln Point (10.9 mi).  Utah offers diverse water recreation from mountain reservoirs to desert lakes. Popular activities include boating, kayaking, paddle boarding, and fishing — a Utah fishing license is required for anglers.

Question 51

Is 823 MOUNTAIN, Elk Ridge move-in ready?

Accepted Answer

As new construction, this home is expected to be move-in ready with modern finishes and warranties. A professional home inspection is always recommended before purchase to identify any needed repairs.

Question 52

Does 823 MOUNTAIN, Elk Ridge come with a home warranty?

Accepted Answer

Yes, a home warranty is included with this property. Home warranties typically cover major systems (HVAC, plumbing, electrical) and appliances for one year, providing peace of mind for buyers. Review the warranty terms to understand coverage limits and deductibles.

Question 53

What is the lot like at 823 MOUNTAIN, Elk Ridge?

Accepted Answer

The lot is 0.36 acres. Lot features: Sprinkler: Auto-Part,View: Mountain,View: Valley. Terrain: Sprinkler: Auto-Part, View: Mountain, View: Valley. Views: Mountain(s),Valley.  Lot characteristics affect usability, privacy, and future improvement potential.

Question 54

What utilities are available at 823 MOUNTAIN, Elk Ridge?

Accepted Answer

Available utilities include: Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected. Water source: Culinary. Sewer: Sewer: Connected,Sewer: Public. Utility costs in Utah vary by season — expect higher heating bills in winter and cooling costs in summer. Contact local utility providers for average monthly cost estimates for this address.

Question 55

Does 823 MOUNTAIN, Elk Ridge have natural gas?

Accepted Answer

Yes, this property has natural gas service — the heating system is listed as: Gas: Central,>= 95% efficiency. Natural gas is the most common and cost-effective heating fuel in Utah, typically 30-50% less expensive than electric heating. The cooling system (Central Air) operates separately. Natural gas availability also supports gas ranges, water heaters, and fireplaces.

Question 56

Is there EV charging near 823 MOUNTAIN, Elk Ridge?

Accepted Answer

The nearest EV charging station is Electrify America Charging Station, approximately 7.4 miles from the property. With a 3-car garage, installing a home Level 2 EV charger is straightforward — most installations cost $500-$2,000 including the charger. Utah offers a growing EV charging network along major corridors and in urban centers.

823 MOUNTAIN, Elk Ridge, UT 84651

823 N MOUNTAIN DR #62, Elk Ridge, UT 84651

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