102 ELK RIDGE, Elk Ridge, UT 84651
6BD/—BA Residential in Elk Ridge, UT 84651. 4,450 sqft. Built 2021. Listed at $1,299,900. MLS #2153238.
6BD/—BA Residential in Elk Ridge, UT 84651. 4,450 sqft. Built 2021. Listed at $1,299,900. MLS #2153238.
Come see your new home on a large lot overlooking Gladstone Golf Course with breathtaking valley and mountain views. This home features soaring ceilings, a beautifully upgraded kitchen, and an open dining area perfect for entertaining. The home is also equipped with a water softener, adding comfort and efficiency to everyday living. Step onto the large back deck to enjoy stunning sunsets, peaceful views of the valley, and frequent wildlife sightings along the mountainside behind the property. The fully finished walkout basement has been transformed into an upgraded, self-sufficient apartment featuring a full kitchen, laundry, two bedrooms, and a spacious living area-perfect for guests, rental potential, or multigenerational living. The backyard has been completely finished and thoughtfully designed for both function and privacy. Features include retaining walls, a fully fenced yard with hog wire fencing, and 10-foot drive-through gates on both sides of the home, allowing you to drive around the entire property. There is dedicated parking space for two vehicles in the backyard, along with a storage shed that includes a separate greenhouse. Gardeners will love the raised vegetable garden boxes with their own sprinkler system, along with fruit trees throughout the yard. The outdoor space also includes a large lawn area, shed, and plenty of room to relax while enjoying the incredible views and quiet natural surroundings. With a finished apartment, fully landscaped yard, water softener, and unbeatable views, this property offers space, flexibility, and outdoor living rarely found in the area. Schedule your showing today!
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
GLADSTIAN VIEW ESTATES
County
Utah
Zoning
Single-Family
Construction
Stone,Stucco
Lot Size
0.83 sq ft
Above Grade Area
2,716 sq ft
Condition
Blt./Standing
MLS #
2153238
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
GLADSTIAN VIEW ESTATES
County
Utah
Zoning
Single-Family
Construction
Stone,Stucco
Lot Size
0.83 sq ft
Above Grade Area
2,716 sq ft
Condition
Blt./Standing
MLS #
2153238
List Price
$1,299,900
Annual Taxes
$4,588
Home Warranty
No
List Price
$1,299,900
Annual Taxes
$4,588
Home Warranty
No
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile,Vinyl
Basement
Daylight,Entrance,Full
Materials
Stone,Stucco
Appliances
Microwave,Water Softener Owned
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s),Valley
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile,Vinyl
Basement
Daylight,Entrance,Full
Materials
Stone,Stucco
Appliances
Microwave,Water Softener Owned
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected
View
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
Standard
Deal Score
80/100
vs Similar Homes
43% above
vs Market Median
41% above
Area Growth (YoY)
9.0%
Deal Score Breakdown
80/100 · 1 qualifying signal
9.0% year-over-year ZHVI growth in this area
Priced 43% above the median of similar listings
Priced 41% above the per-subtype city median
LT net cashflow -$2,866/mo (-33.4% return on ownership cost) · STR net cashflow -$5,896/mo (-68.6% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
No price reduction from original list
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
$6,509/mo
Range: $2,953 – $10,064
Net Monthly Cash Flow
−$2,865 /mo (−$34,381/yr)
Monthly rental income
Monthly ownership cost
Coverage
76%
Net /mo
−$2,866
DSCR
0.88
Est. Annual Revenue
$46,228/yr
$284/night · 41% occupancy · $113/bedroom · $0.17/sqft
Net Monthly Cash Flow
−$5,897 /mo (−$70,761/yr)
Monthly STR income
Monthly ownership cost
Coverage
45%
Net /mo
−$5,896
DSCR
0.42
Best Download
2 Gbps
Best Upload
1 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$580,000
+124% vs median
122 days
22
$550,000 – $1,953,499
$4,588
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