35 150, Garden City, UT 84028
3BD/—BA Residential in Garden City, UT 84028. 1,655 sqft. Built 2024. Listed at $495,000. MLS #2031201.
3BD/—BA Residential in Garden City, UT 84028. 1,655 sqft. Built 2024. Listed at $495,000. MLS #2031201.
REDUCED!!! Imagine owning a piece of paradise at Bear Lake with A Waters Edge Condominium, a unique opportunity for investors and developers alike. This unit has; One Bedroom, One Bath in the Main unit with spacious living and dining areas. Two Lock-Off Units: Each with its own separate entrance, kitchenette, and bathroom, making them perfect for guests or short-term rentals. Flexibility and privacy for owners and guests. A Private Covered Deck: Enjoy breathtaking views and the tranquility of Bear Lake from the comfort of your own deck. With its stunning location and potential for investment, Waters Edge Condominiums is your gateway to a lucrative and enjoyable real estate venture.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
Subdivision
GARDEN CITY LAKE RESIDENCES
County
Rich
Zoning
Single-Family, Short Term Rental Allowed
Construction
Stone,Cement Siding
Lot Size
0.01 sq ft
Above Grade Area
1,655 sq ft
Condition
Blt./Standing
MLS #
2031201
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
Subdivision
GARDEN CITY LAKE RESIDENCES
County
Rich
Zoning
Single-Family, Short Term Rental Allowed
Construction
Stone,Cement Siding
Lot Size
0.01 sq ft
Above Grade Area
1,655 sq ft
Condition
Blt./Standing
MLS #
2031201
List Price
$495,000
Original Price
$724,900
HOA Fees
$1 / Monthly
Annual Taxes
$1
Home Warranty
No
List Price
$495,000
Original Price
$724,900
HOA Fees
$1 / Monthly
Annual Taxes
$1
Home Warranty
No
Heating
Electric,Forced Air
Cooling
Central Air
Roof
Asphalt,Membrane
Flooring
Carpet,Tile
Basement
None
Materials
Stone,Cement Siding
Appliances
Range Hood,Refrigerator
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Lake,Mountain(s)
Heating
Electric,Forced Air
Cooling
Central Air
Roof
Asphalt,Membrane
Flooring
Carpet,Tile
Basement
None
Materials
Stone,Cement Siding
Appliances
Range Hood,Refrigerator
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Lake,Mountain(s)
Covered Spaces
0
Total Parking
2
Covered Spaces
0
Total Parking
2
Why this is a deal
Classification
Exceptional DealDeal Score
100/100
vs Similar Homes
27% below
vs Market Median
35% below
Price Reduced
31.7%
Area Growth (YoY)
1.1%
Deal Score Breakdown
100/100 · 3 qualifying signals
Priced 35% below the per-subtype city median
32% price reduction from original list — seller may be motivated
Priced 27% below the median of similar listings
1.1% year-over-year ZHVI growth in this area
STR net cashflow -$2,008/mo (-63.4% 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
Est. Annual Revenue
$19,903/yr
$316/night · 33% occupancy · $120/bedroom · $0.29/sqft
Net Monthly Cash Flow
−$2,009 /mo (−$24,104/yr)
Monthly STR income
Monthly ownership cost
Coverage
52%
Net /mo
−$2,008
DSCR
0.46
Best Download
1 Gbps
Best Upload
1 Gbps
Fiber Available
Yes
Providers
5
Available Providers
$699,000
-29% vs median
128 days
182
$72,150 – $4,400,000
$1
$1/monthly
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