140 150, Garden City, UT 84028
6BD/—BA Residential in Garden City, UT 84028. 3,552 sqft. Built 2021. Listed at $990,000. MLS #2137883.
6BD/—BA Residential in Garden City, UT 84028. 3,552 sqft. Built 2021. Listed at $990,000. MLS #2137883.
Rare opportunity to purchase two adjacent townhomes in Waterdance Bear Lake, offering a combined 6 bedrooms, 8 bathrooms, and 3,552 sq ft of beautifully designed living space. The two units are connected by a lockout door that allows the units to be used together or separately. Sold fully furnished, these units are ideal for personal use, group retreats, or a strong short-term rental investment. Each townhome features an open-concept great room on the main floor, three spacious bedrooms upstairs, and a fully equipped kitchen complete with dishes, utensils, cookware, and small appliances. Together, the units comfortably sleep up to 24 guests and include 8 cozy fireplaces and 8 TVs throughout. Enjoy outdoor living with covered patios and the convenience of being fully stocked and turnkey. Waterdance Community amenities include stunning indoor and outdoor pools, a recreation center with hot tub, pickleball and basketball courts, playgrounds, meeting rooms, and on-site property management for easy, hands-off rentals. Located on 100 W in Garden City (Building H), these townhomes are within walking distance to Bear Lake and local shops via the scenic bike path.
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-end
Stories
2
Subdivision
WATERDANCE
County
Rich
Zoning
Single-Family, Short Term Rental Allowed
Construction
Clapboard/Masonite,Stone
Lot Size
0.06 sq ft
Above Grade Area
3,552 sq ft
Condition
Blt./Standing
MLS #
2137883
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-end
Stories
2
Subdivision
WATERDANCE
County
Rich
Zoning
Single-Family, Short Term Rental Allowed
Construction
Clapboard/Masonite,Stone
Lot Size
0.06 sq ft
Above Grade Area
3,552 sq ft
Condition
Blt./Standing
MLS #
2137883
List Price
$990,000
Original Price
$1,035,000
HOA Fees
$170 / Monthly
Annual Taxes
$4,413
Home Warranty
No
List Price
$990,000
Original Price
$1,035,000
HOA Fees
$170 / Monthly
Annual Taxes
$4,413
Home Warranty
No
Heating
Forced Air,Propane
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet
Basement
None
Materials
Clapboard/Masonite,Stone
Appliances
Dryer,Gas Grill/BBQ,Microwave,Refrigerator,Washer
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Propane
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet
Basement
None
Materials
Clapboard/Masonite,Stone
Appliances
Dryer,Gas Grill/BBQ,Microwave,Refrigerator,Washer
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Covered Spaces
0
Total Parking
6
Covered Spaces
0
Total Parking
6
Classification
Standard
Deal Score
45/100
vs Similar Homes
96% above
vs Market Median
24% above
Price Reduced
4.3%
Area Growth (YoY)
1.1%
Deal Score Breakdown
45/100
4% price reduction from original list — seller may be motivated
1.1% year-over-year ZHVI growth in this area
Priced 96% above the median of similar listings
Priced 24% above the per-subtype city median
LT net cashflow -$1,999/mo (-28.8% return on ownership cost) · STR net cashflow -$4,550/mo (-65.5% 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
$5,624/mo
Range: $4,193 – $7,054
Net Monthly Cash Flow
−$1,998 /mo (−$23,980/yr)
Monthly rental income
Monthly ownership cost
Coverage
81%
Net /mo
−$1,999
DSCR
0.97
Est. Annual Revenue
$41,089/yr
$620/night · 30% occupancy · $171/bedroom · $0.26/sqft
Net Monthly Cash Flow
−$4,549 /mo (−$54,591/yr)
Monthly STR income
Monthly ownership cost
Coverage
49%
Net /mo
−$4,550
DSCR
0.47
Best Download
1 Gbps
Best Upload
1 Gbps
Fiber Available
Yes
Providers
5
Available Providers
$655,000
+51% vs median
135 days
187
$68,500 – $4,400,000
$4,413
$170/monthly
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