553 RASPBERRY PATCH, Garden City, UT 84028
3BD/—BA Residential in Garden City, UT 84028. 2,280 sqft. Built 2000. Listed at $775,000. MLS #2137078.
3BD/—BA Residential in Garden City, UT 84028. 2,280 sqft. Built 2000. Listed at $775,000. MLS #2137078.
$25,000 PRICE IMPROVEMENT! Mountain & Lake Views in Raspberry Patch Estates Turnkey Bear Lake Retreat Welcome to 553 W Raspberry Patch Rd in the highly sought-after Raspberry Patch Estates of Garden City. Perfectly positioned with stunning mountain and water views, this beautifully maintained 2-story home offers the ideal blend of comfort, recreation, and investment potential. Built in 2000 with quality construction and thoughtful design, this home features 1,376 sq ft above grade plus a fully finished 904 sq ft basement, giving you generous living space for gatherings, guests, or nightly rental flexibility. Inside you'll find 3 bedrooms, 3 bathrooms, vaulted ceilings, custom molding and trim, custom cabinetry and countertops, a cozy fireplace, central air, and ceiling fans throughout. The fully finished basement expands your living options, while the spacious lot (over 15,600 sq ft) provides room to relax and enjoy the outdoors. Step outside to a deck and patio setup perfect for summer evenings, plus mature landscaping and a storage shed for all your lake toys. Located in a recreational residential zone, this property is ideal as a primary residence, second home, or investment property. The area is known for strong demand, low inventory, and popularity for nightly rental use - making this an opportunity you don't want to miss. Come experience mountain air, lake views, and the lifestyle Garden City is famous for. Turnkey Ready with a nearly booked summer schedule.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
RASPBERRY PATCH ESTATES
County
Rich
Zoning
Short Term Rental Allowed
Construction
Log
Lot Size
0.36 sq ft
Above Grade Area
1,376 sq ft
Condition
Blt./Standing
MLS #
2137078
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
RASPBERRY PATCH ESTATES
County
Rich
Zoning
Short Term Rental Allowed
Construction
Log
Lot Size
0.36 sq ft
Above Grade Area
1,376 sq ft
Condition
Blt./Standing
MLS #
2137078
List Price
$775,000
Original Price
$800,000
HOA Fees
$33 / Monthly
Annual Taxes
$2,150
Home Warranty
No
List Price
$775,000
Original Price
$800,000
HOA Fees
$33 / Monthly
Annual Taxes
$2,150
Home Warranty
No
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Walk-Out Access
Materials
Log
Appliances
Dryer,Gas Grill/BBQ,Microwave,Refrigerator,Washer
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Lake,Mountain(s)
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Walk-Out Access
Materials
Log
Appliances
Dryer,Gas Grill/BBQ,Microwave,Refrigerator,Washer
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Lake,Mountain(s)
Garage Spaces
1
Covered Spaces
1
Total Parking
11
Garage Spaces
1
Covered Spaces
1
Total Parking
11
Why this is a deal
Classification
Standard
Deal Score
70/100
vs Similar Homes
2% above
vs Market Median
5% below
Price Reduced
3.1%
Area Growth (YoY)
6.1%
Deal Score Breakdown
70/100 · 1 qualifying signal
6.1% year-over-year ZHVI growth in this area
Priced 5% below the per-subtype city median
3% price reduction from original list — seller may be motivated
Priced 2% above the median of similar listings
LT net cashflow -$2,709/mo (-52.4% return on ownership cost) · STR net cashflow -$3,888/mo (-75.2% 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
$2,799/mo
Range: $1,842 – $3,756
Net Monthly Cash Flow
−$2,709 /mo (−$32,514/yr)
Monthly rental income
Monthly ownership cost
Coverage
54%
Net /mo
−$2,709
DSCR
0.63
Est. Annual Revenue
$22,019/yr
$346/night · 41% occupancy · $109/bedroom · $0.19/sqft
Net Monthly Cash Flow
−$3,890 /mo (−$46,675/yr)
Monthly STR income
Monthly ownership cost
Coverage
36%
Net /mo
−$3,888
DSCR
0.33
Best Download
1 Gbps
Best Upload
1 Gbps
Fiber Available
Yes
Providers
5
Available Providers
$699,000
+11% vs median
128 days
182
$72,150 – $4,400,000
$2,150
$33/monthly
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.
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