2500 BEAR LAKE, Garden City, UT 84028
6BD/—BA Residential in Garden City, UT 84028. 3,485 sqft. Built 1999. Listed at $1,790,000. MLS #2146635.
6BD/—BA Residential in Garden City, UT 84028. 3,485 sqft. Built 1999. Listed at $1,790,000. MLS #2146635.
Huge Price Drop! Ready for your own summer getaway & rental income this season! Bear Lake Beachfront Home 201 ft of lakefront & your own private slice of paradise. This is an incredible opportunity for a dream vacation home or investment property, already set up & operating as a short-term rental. The main home offers 5 bedrooms & 4 bathrooms, breathtaking panoramic lake views, a spacious kitchen, comfortable family room, & a large deck with a hot tub overlooking the lake. The detached garage adds even more flexibility with a large bunk room and full bath-perfect for guests, kids, or extra privacy. With a major price reduction, this is the perfect time to secure your own piece of Bear Lake & start enjoying both personal use and rental income right away.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
3
Subdivision
LAKOTA SPRINGS SUB PH 1 LOT 2
County
Rich
Zoning
Single-Family, Short Term Rental Allowed
Construction
Frame,Cement Siding
Lot Size
0.23 sq ft
Above Grade Area
3,485 sq ft
Condition
Blt./Standing
MLS #
2146635
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
3
Subdivision
LAKOTA SPRINGS SUB PH 1 LOT 2
County
Rich
Zoning
Single-Family, Short Term Rental Allowed
Construction
Frame,Cement Siding
Lot Size
0.23 sq ft
Above Grade Area
3,485 sq ft
Condition
Blt./Standing
MLS #
2146635
List Price
$1,790,000
Original Price
$1,999,850
Annual Taxes
$8,173
Home Warranty
No
List Price
$1,790,000
Original Price
$1,999,850
Annual Taxes
$8,173
Home Warranty
No
Heating
Forced Air,Propane
Cooling
Central Air
Roof
Metal
Flooring
Carpet,Tile
Basement
None
Materials
Frame,Cement Siding
Appliances
Ceiling Fan,Dryer,Gas Grill/BBQ,Microwave,Refrigerator,Washer
Laundry
Gas Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Lake,Mountain(s)
Heating
Forced Air,Propane
Cooling
Central Air
Roof
Metal
Flooring
Carpet,Tile
Basement
None
Materials
Frame,Cement Siding
Appliances
Ceiling Fan,Dryer,Gas Grill/BBQ,Microwave,Refrigerator,Washer
Laundry
Gas Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Lake,Mountain(s)
Garage Spaces
3
Covered Spaces
3
Total Parking
15
Garage Spaces
3
Covered Spaces
3
Total Parking
15
Why this is a deal
Classification
Standard
Deal Score
78/100
vs Similar Homes
156% above
vs Market Median
90% above
Price Reduced
10.5%
Area Growth (YoY)
3.9%
Deal Score Breakdown
78/100 · 1 qualifying signal
10% price reduction from original list — seller may be motivated
3.9% year-over-year ZHVI growth in this area
Priced 156% above the median of similar listings
Priced 90% above the per-subtype city median
LT net cashflow -$7,394/mo (-60.9% return on ownership cost) · STR net cashflow -$9,921/mo (-81.7% 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
$5,391/mo
Range: $3,548 – $7,234
Net Monthly Cash Flow
−$7,394 /mo (−$88,726/yr)
Monthly rental income
Monthly ownership cost
Coverage
44%
Net /mo
−$7,394
DSCR
0.52
Est. Annual Revenue
$38,005/yr
$967/night · 41% occupancy · $150/bedroom · $0.26/sqft
Net Monthly Cash Flow
−$9,920 /mo (−$119,037/yr)
Monthly STR income
Monthly ownership cost
Coverage
26%
Net /mo
−$9,921
DSCR
0.24
$699,000
+156% vs median
128 days
182
$72,150 – $4,400,000
$8,173
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