1218 MOONLIGHT, Elk Ridge, UT 84651
5BD/—BA Residential in Elk Ridge, UT 84651. 2,821 sqft. Built 2018. Listed at $629,000. MLS #2142303.
5BD/—BA Residential in Elk Ridge, UT 84651. 2,821 sqft. Built 2018. Listed at $629,000. MLS #2142303.
Beautiful two-story home in a fantastic Elk Ridge location offering space, flexibility, and incredible functionality! This 5-bedroom, 4-bath home features a convenient main-level primary suite along with bright, open living spaces designed for comfortable everyday living. Upstairs includes three additional bedrooms, a full bath, and a versatile loft area perfect for a family room, office, or play space. The recently finished basement expands the possibilities with a second kitchen, additional laundry area, and walkout access to the backyard through a private side-gate entrance - ideal for guests, multi-generational living, or potential rental income. Located in a wonderful neighborhood with room to live, work, entertain, and grow, this home is now offered at an exciting new price!
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
HORIZON VIEW FARMS
County
Utah
Zoning
Single-Family
Construction
Brick,Stucco
Lot Size
0.18 sq ft
Above Grade Area
1,940 sq ft
Condition
Blt./Standing
MLS #
2142303
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
HORIZON VIEW FARMS
County
Utah
Zoning
Single-Family
Construction
Brick,Stucco
Lot Size
0.18 sq ft
Above Grade Area
1,940 sq ft
Condition
Blt./Standing
MLS #
2142303
List Price
$629,000
Original Price
$649,000
Annual Taxes
$2,975
Home Warranty
No
List Price
$629,000
Original Price
$649,000
Annual Taxes
$2,975
Home Warranty
No
Heating
Forced Air,Gas: Central
Roof
Asphalt
Flooring
Carpet,Tile,Vinyl
Basement
Daylight,Entrance,Full,Walk-Out Access
Materials
Brick,Stucco
Appliances
Dryer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Gas: Central
Roof
Asphalt
Flooring
Carpet,Tile,Vinyl
Basement
Daylight,Entrance,Full,Walk-Out Access
Materials
Brick,Stucco
Appliances
Dryer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
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
100/100
vs Similar Homes
37% below
vs Market Median
11% above
Price Reduced
3.1%
Area Growth (YoY)
9.0%
Deal Score Breakdown
100/100 · 2 qualifying signals
Priced 37% below the median of similar listings
9.0% year-over-year ZHVI growth in this area
3% price reduction from original list — seller may be motivated
LT net cashflow -$797/mo (-18.7% return on ownership cost) · STR net cashflow -$1,896/mo (-44.4% 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
$3,948/mo
Range: $1,791 – $6,104
Net Monthly Cash Flow
−$796 /mo (−$9,558/yr)
Monthly rental income
Monthly ownership cost
Coverage
92%
Net /mo
−$797
DSCR
1.09
Est. Annual Revenue
$40,700/yr
$284/night · 41% occupancy · $113/bedroom · $0.17/sqft
Net Monthly Cash Flow
−$1,897 /mo (−$22,762/yr)
Monthly STR income
Monthly ownership cost
Coverage
79%
Net /mo
−$1,896
DSCR
0.75
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$580,000
+8% vs median
122 days
22
$550,000 – $1,953,499
$2,975
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