29 MAGELLAN, Elk Ridge, UT 84651
3BD/—BA Residential in Elk Ridge, UT 84651. 2,899 sqft. Built 2014. Listed at $569,900. MLS #2152748.
3BD/—BA Residential in Elk Ridge, UT 84651. 2,899 sqft. Built 2014. Listed at $569,900. MLS #2152748.
Be sure to check out the 3D tour by clicking on the tour button. Situated on a fully fenced and expansive .36 acre lot with incredible views, this beautifully maintained home offers the perfect blend of comfort, efficiency, and future potential. The spacious backyard is ideal for outdoor living and includes garden boxes, a storage shed, and ample room to add a future detached garage if desired, along with convenient RV parking. Inside, you'll find fresh new paint and durable laminate flooring complemented by vaulted ceilings that create an open and airy feel. The well-appointed master suite features a walk-in closet, double sinks, and a walk-in shower. Built with quality in mind, the home showcases a full craftsman exterior, 2x6 construction, a high-efficiency furnace, and Energy Star certification for enhanced comfort and savings.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
CRESTVIEW ESTATES
County
Utah
Zoning
Single-Family
Construction
Stone,Cement Siding
Lot Size
0.36 sq ft
Above Grade Area
1,414 sq ft
Condition
Blt./Standing
MLS #
2152748
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
CRESTVIEW ESTATES
County
Utah
Zoning
Single-Family
Construction
Stone,Cement Siding
Lot Size
0.36 sq ft
Above Grade Area
1,414 sq ft
Condition
Blt./Standing
MLS #
2152748
List Price
$569,900
Original Price
$589,900
Annual Taxes
$2,711
Home Warranty
No
List Price
$569,900
Original Price
$589,900
Annual Taxes
$2,711
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate,Tile,Vinyl
Basement
Full
Materials
Stone,Cement Siding
Appliances
Microwave,Refrigerator,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Lake,Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate,Tile,Vinyl
Basement
Full
Materials
Stone,Cement Siding
Appliances
Microwave,Refrigerator,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Lake,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
31% below
vs Market Median
5% below
Price Reduced
3.4%
Area Growth (YoY)
9.0%
Deal Score Breakdown
100/100 · 3 qualifying signals
Priced 31% below the median of similar listings
9.0% year-over-year ZHVI growth in this area
Priced 5% below the per-subtype city median
3% price reduction from original list — seller may be motivated
LT net cashflow -$798/mo (-20.9% return on ownership cost) · STR net cashflow -$1,858/mo (-48.6% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
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
$3,441/mo
Range: $1,561 – $5,321
Net Monthly Cash Flow
−$798 /mo (−$9,572/yr)
Monthly rental income
Monthly ownership cost
Coverage
90%
Net /mo
−$798
DSCR
1.07
Est. Annual Revenue
$33,726/yr
$284/night · 41% occupancy · $113/bedroom · $0.17/sqft
Net Monthly Cash Flow
−$1,858 /mo (−$22,298/yr)
Monthly STR income
Monthly ownership cost
Coverage
74%
Net /mo
−$1,858
DSCR
0.69
Best Download
2 Gbps
Best Upload
1 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$580,000
-2% vs median
122 days
22
$550,000 – $1,953,499
$2,711
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