538 RASPBERRY PATCH, Garden City, UT 84028
4BD/—BA Residential in Garden City, UT 84028. 2,924 sqft. Built 2002. Listed at $970,000. MLS #2132226.
4BD/—BA Residential in Garden City, UT 84028. 2,924 sqft. Built 2002. Listed at $970,000. MLS #2132226.
Experience the "Caribbean of the Rockies" from this stunning 4-bedroom, 3.5-bath retreat in the heart of Garden City-now more desirable than ever thanks to its exceptional proximity to the expanding Bear Lake State Park Marina. With increased capacity, improved amenities, and growing demand for slips and lake access, owning nearby has become a true competitive advantage-and purchasing now is a smart way to beat the crowd. Spanning nearly 3,000 square feet, the home features two spacious living areas and a recently remodeled interior, including a refreshed gourmet kitchen designed for effortless hosting. The property is uniquely framed by mature aspen and pine trees, offering the rare combination of shaded privacy and sweeping views-shimmering turquoise waters of Bear Lake paired with dramatic mountain silhouettes. Unlike many hillside properties, this home offers a rare, long and flat driveway with an attached 2-car garage, ensuring easy year-round access and ample space for boats and toy trailers-ideal for frequent marina use or quick trips to the Bear Lake Valley's snowmobiling areas. The property also includes a separate, buildable lot with a fully landscaped yard, providing flexibility for a future second home, guest residence, or long-term investment (second lot parcel ID: 41-17-030-0046). Whether you're heading to the marina for a day on the water, grabbing a shake in Garden City, or driving just 20 minutes to Beaver Mountain for winter skiing, this location delivers unmatched convenience. Ideal as a primary residence or a high-performing vacation rental, this home represents a rare opportunity to secure a premium position near Bear Lake's most sought-after waterfront access-before demand fully catches up. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
RASPBERRY PATCH ESTATES
County
Rich
Zoning
Single-Family, Short Term Rental Allowed
Lot Size
0.57 sq ft
Above Grade Area
1,938 sq ft
Condition
Blt./Standing
MLS #
2132226
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
RASPBERRY PATCH ESTATES
County
Rich
Zoning
Single-Family, Short Term Rental Allowed
Lot Size
0.57 sq ft
Above Grade Area
1,938 sq ft
Condition
Blt./Standing
MLS #
2132226
List Price
$970,000
Original Price
$985,000
HOA Fees
$400 / Annually
Annual Taxes
$3,760
Home Warranty
No
List Price
$970,000
Original Price
$985,000
HOA Fees
$400 / Annually
Annual Taxes
$3,760
Home Warranty
No
Heating
Gas: Central
Cooling
Central Air
Roof
Metal
Flooring
Tile
Basement
Full,Walk-Out Access
Appliances
Dryer,Microwave,Range Hood,Refrigerator,Satellite Equipment,Washer
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected
View
Lake,Mountain(s)
Heating
Gas: Central
Cooling
Central Air
Roof
Metal
Flooring
Tile
Basement
Full,Walk-Out Access
Appliances
Dryer,Microwave,Range Hood,Refrigerator,Satellite Equipment,Washer
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected
View
Lake,Mountain(s)
Garage Spaces
2
Covered Spaces
2
Total Parking
17
Garage Spaces
2
Covered Spaces
2
Total Parking
17
Why this is a deal
Classification
Standard
Deal Score
70/100
vs Similar Homes
32% above
vs Market Median
31% above
Price Reduced
1.5%
Area Growth (YoY)
6.1%
Deal Score Breakdown
70/100 · 1 qualifying signal
6.1% year-over-year ZHVI growth in this area
2% price reduction from original list — seller may be motivated
Priced 32% above the median of similar listings
Priced 31% above the per-subtype city median
LT net cashflow -$3,048/mo (-46.5% return on ownership cost) · STR net cashflow -$4,722/mo (-72.0% 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
$3,985/mo
Range: $2,623 – $5,347
Net Monthly Cash Flow
−$3,048 /mo (−$36,577/yr)
Monthly rental income
Monthly ownership cost
Coverage
61%
Net /mo
−$3,048
DSCR
0.71
Est. Annual Revenue
$31,422/yr
$430/night · 39% occupancy · $123/bedroom · $0.16/sqft
Net Monthly Cash Flow
−$4,721 /mo (−$56,647/yr)
Monthly STR income
Monthly ownership cost
Coverage
40%
Net /mo
−$4,722
DSCR
0.37
Best Download
500 Mbps
Best Upload
100 Mbps
Fiber Available
No
Providers
4
Available Providers
$699,000
+39% vs median
128 days
182
$72,150 – $4,400,000
$3,760
$400/annually
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