6 SALEM HILLS, Elk Ridge, UT 84651
5BD/—BA Residential in Elk Ridge, UT 84651. 5,210 sqft. Built 2006. Listed at $1,100,000. MLS #2161330.
5BD/—BA Residential in Elk Ridge, UT 84651. 5,210 sqft. Built 2006. Listed at $1,100,000. MLS #2161330.
Price Reduced! Now just $1,100,000! Views abound from this stunning 5,280 sq ft custom rambler home located on a beautiful 1.26-acre view lot. Enjoy the unobstructed panoramic views and blazing sunsets of the valley from your private sunroom, Owner's suite with stunning views, gas log fireplace. grand bathroom with separate shower and tub plus large walk-in closet, gourmet style kitchen featuring double-ovens, gas cooktop, large pantry, granite countertops and custom cabinetry. This home has just about everything you could want. Formal entry, formal living room, private office with built-in desk, shelving and more (perfect for work-from-home business), mountain views, sunroom overlooking the valley, great room with fireplace. The main floor also features a 2nd bedroom with valley views, large dining area with large windows that capture the valley views, main full bathroom, guest 1/2 bathroom and huge laundry room. The downstairs features a walk-out basement wit 2 great rooms (one featuring a third fireplace), 2 more bedrooms, 2 additional bathrooms, 2 large great rooms, a 2nd full kitchen with granite countertops, a 3rd room that's an indoor hot tub and 1/2 bath that could be converted into an additional bedroom. This area makes for a great mother-in-apartment or ADU. Now add the FULLY FURNISHED THEATER ROOM featuring STADIUM SEATING and ALL the AUDIO/VISUAL EQUIPMENT for the ultimate entertainment experience for you and your guests. There is also a 2nd laundry room on this level as well. You'll love the large 3-car garage with workbench and the professional landscaping surrounding the immediate home that compliments the natural and additional undisturbed vegetation on this large 1.26-acre lot. complete with the Gazebo with stunning views. Square footage figures are provided as a courtesy estimate only and were obtained from building plans. Buyers are advised to obtain an independent measurement. Information is deemed reliable but not guaranteed, Buyer is advised to verify all information presented to their satisfaction. Amenities include 2 refrigerators, 3 fireplaces, 4 rooms with French doors, Sunroom, Washer and Dryer, 2 kitchens, 2 laundry rooms, Private home office and so much more.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
FAIRWAY HEIGHTS
County
Utah
Zoning
Single-Family
Construction
Brick,Stone,Stucco
Lot Size
1.26 sq ft
Above Grade Area
2,416 sq ft
Condition
Blt./Standing
MLS #
2161330
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
FAIRWAY HEIGHTS
County
Utah
Zoning
Single-Family
Construction
Brick,Stone,Stucco
Lot Size
1.26 sq ft
Above Grade Area
2,416 sq ft
Condition
Blt./Standing
MLS #
2161330
List Price
$1,100,000
Annual Taxes
$4,879
Home Warranty
No
List Price
$1,100,000
Annual Taxes
$4,879
Home Warranty
No
Heating
Forced Air,Gas: Central,>= 95% efficiency
Cooling
Central Air,Window Unit(s)
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Daylight,Entrance,Full,Walk-Out Access
Materials
Brick,Stone,Stucco
Appliances
Ceiling Fan,Dryer,Microwave,Range Hood,Washer
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Lake,Mountain(s),Valley
Heating
Forced Air,Gas: Central,>= 95% efficiency
Cooling
Central Air,Window Unit(s)
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Daylight,Entrance,Full,Walk-Out Access
Materials
Brick,Stone,Stucco
Appliances
Ceiling Fan,Dryer,Microwave,Range Hood,Washer
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Lake,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
90/100
vs Similar Homes
10% above
vs Market Median
29% above
Area Growth (YoY)
10.6%
Deal Score Breakdown
90/100 · 1 qualifying signal
10.6% year-over-year ZHVI growth in this area
LT net cashflow -$1,408/mo (-18.8% return on ownership cost) · STR net cashflow -$4,919/mo (-65.7% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 10% above the median of similar listings
Priced 29% above the per-subtype city median
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
$6,902/mo
Range: $5,079 – $8,726
Net Monthly Cash Flow
−$1,408 /mo (−$16,894/yr)
Monthly rental income
Monthly ownership cost
Coverage
92%
Net /mo
−$1,408
DSCR
1.08
Est. Annual Revenue
$43,931/yr
$285/night · 43% occupancy · $114/bedroom · $0.17/sqft
Net Monthly Cash Flow
−$4,919 /mo (−$59,027/yr)
Monthly STR income
Monthly ownership cost
Coverage
49%
Net /mo
−$4,919
DSCR
0.46
Best Download
2 Gbps
Best Upload
250 Mbps
Fiber Available
No
Providers
10
Available Providers
$890,000
+24% vs median
61 days
29
$530,000 – $3,150,000
$4,879
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