586 BIRCH, Elk Ridge, UT 84651
5BD/—BA Residential in Elk Ridge, UT 84651. 5,788 sqft. Built 2026. Listed at $2,500,000. MLS #2164083.
5BD/—BA Residential in Elk Ridge, UT 84651. 5,788 sqft. Built 2026. Listed at $2,500,000. MLS #2164083.
Model Home - A statement of modern luxury set against the breathtaking backdrop of Elk Ridge's foothills. Designed to capture panoramic mountain and valley views from nearly every angle, this exceptional Toll Brothers residence blends architectural sophistication with effortless indoor-outdoor living. Soaring ceilings, expansive walls of glass, designer finishes, and thoughtfully curated living spaces create an atmosphere that is both refined and welcoming. From the private main-level owner's retreat to the resort-inspired outdoor spaces featuring a tranquil water feature and sweeping vistas, every detail has been crafted to elevate daily living. Offering nearly 5,800 square feet of luxury, a dedicated office, theater room, walkout lower level, and a premier .617-acre homesite, this is more than a home-it's a destination.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
ELK RIDGE BY TOLL BROTHERS
County
Utah
Zoning
Single-Family
Construction
Stone,Stucco,Cement Siding
Lot Size
0.62 sq ft
Above Grade Area
2,894 sq ft
Condition
Blt./Standing
MLS #
2164083
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
ELK RIDGE BY TOLL BROTHERS
County
Utah
Zoning
Single-Family
Construction
Stone,Stucco,Cement Siding
Lot Size
0.62 sq ft
Above Grade Area
2,894 sq ft
Condition
Blt./Standing
MLS #
2164083
List Price
$2,500,000
Annual Taxes
$1
Home Warranty
No
List Price
$2,500,000
Annual Taxes
$1
Home Warranty
No
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Laminate
Basement
Walk-Out Access
Materials
Stone,Stucco,Cement Siding
Appliances
Ceiling Fan,Portable Dishwasher,Dryer,Microwave,Range Hood,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected
View
Lake,Mountain(s)
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Laminate
Basement
Walk-Out Access
Materials
Stone,Stucco,Cement Siding
Appliances
Ceiling Fan,Portable Dishwasher,Dryer,Microwave,Range Hood,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected
View
Lake,Mountain(s)
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
108% above
vs Market Median
98% above
Area Growth (YoY)
8.5%
Deal Score Breakdown
80/100 · 1 qualifying signal
8.5% year-over-year ZHVI growth in this area
Priced 108% above the median of similar listings
Priced 98% above the per-subtype city median
LT net cashflow -$9,390/mo (-58.7% return on ownership cost) · STR net cashflow -$13,315/mo (-83.2% 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
$7,512/mo
Range: $5,634 – $9,390
Net Monthly Cash Flow
−$9,390 /mo (−$112,681/yr)
Monthly rental income
Monthly ownership cost
Coverage
47%
Net /mo
−$9,390
DSCR
0.52
Est. Annual Revenue
$46,047/yr
$283/night · 41% occupancy · $113/bedroom · $0.17/sqft
Net Monthly Cash Flow
−$13,316 /mo (−$159,790/yr)
Monthly STR income
Monthly ownership cost
Coverage
24%
Net /mo
−$13,315
DSCR
0.21
Best Download
2 Gbps
Best Upload
1 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$619,000
+304% vs median
99 days
26
$550,000 – $2,500,000
$1
Select agents you’d like to hear from. They’ll be notified of your interest — your contact details stay private until you choose to respond.

Salt Lake City Real Estate Broker Focused on Pricing, Positioning, and Results

Daryn Edmunds - High Road Properties
Your inquiry goes to the listing agent.
Fast Response
Typically within 2 hours during business hours
Built with AI to help you find your perfect home
Powered by AI • Secured by Supabase • Trusted by Agents